Dick Morris TV in the Morning! Why Interest Rates Will Rise

[MrMvt333]

wow... how right was he... interest rates rose by a negative since then... couldn't be closer to being right unless you were every major economist in the world who said they would lower, and in fact they lowered

[henrynevins]

Elect Palin or Trump in 2012 and make Dick Morris the one and only presidential advisor on everything, he has the genius of common sense. It's time American got down to business and began doing everything right. America is a business and needs to be run like a business. Politics and politicians are bankrupting us. American politics is the business of the weak, the corrupt, the perverts and the selfish in this country. Let's end it once and for all.

[MrBrown859]

If interest rates are raised by few percentage points, it is very likely lot of companies will break. You can say goodby to house refinances in the foreseeable future. That means more foreclosures. Universities are running very thin. If enrollment drops, you will lot of defaults out there.

[kodachromefilm]

So what are the reps are doing with Obama care (death care)? All of a sudden, we hear nothing about it any longer? Is it still on the table?

[madlevine]

Mr. Morris - plese run for President. The problem is you state the obvious and thus the Republican Campaign fund machine would not finance you - ala Newt.

Whatever happened to the big tent.

[mummyduster]

What Dick doesn't say is that the Soros-Obama plan is working well--for them. They are very effectively destroying our economic base.

[cloudshe]

Mr Morris, your remarks seem to indicate that it's the FED that's borrowing the money back from the banks (after Printing Money to buy T-bills that no one else seems to want at the current rates).

it's actually the Treasury that's borrowing the money, if they had to sell New t-bills to cover current shortfalls IN ADDITION to paying off maturing t-bills, their interest rates (and inflation) would rise. Bernanke is printing money to indirectly pay the government's bills as i see it

[unsullied23]

There is no need to overstate the awful, stupid spending policies of Democrats and Obama. The plain truth is horrifying. Morris' research is usually excellent and spot-on. But in this piece there are numerous exaggerations. Don't give our enemies talking points, Mr. Morris.

[BamaKattt]

Perfect analysis! Except, the Fed is not going to stop printing money, QE3 is coming. Bernanke and his crooked bankster friends know we're screwed if they stop printing money, so they just wont stop.

The world is bankrupt, there is literally no way to ever repay it, the only way to fix it is to reset the world financial system and go back to square 1. And the only way this can happen is a major disaster.

PS Bin Laden didn't knock down the WTC, 9/11 was an inside job. Infowars.com

[tonyfressola]

Sorry Mr. Morris: You did ruin my breakfast and my day. Tony Fressola

[emmy1cat]

QE is pretty much guaranteed with an election coming. Its either economic disaster now or kick it down the road with inflation. Since politicians are not famous for taking pain, guess what these criminals want?

“Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves."

~ Norm Franz

[m2268l]

Karma

[bshirley1968]

They do have a choice because they own the printing press and can print all they want and loan to themselves. We don't need the rest of the world to loan us money. The real fallout will be inflation and the rest of the world seeking another reserve currency because they are tired of the fed devaluing ours by printing more. Bottom line, they need to raise rates but cannot raise rates and therefore must print more leading to inflation not higher interest rates.

[bshirley1968]

Dick, you are a smart guy and I always try to listen to your comments to glean your insight on a particular issue. However, I think you have missed this one. I disagree with you about rising interest rates and here is why.

There is no way a government that is $15 trillion in debt can afford to raise rates. They can't pay the interest now without borrowing the funds to pay it. Why would a government in debt like that want to raise rates. You are saying they have no choice.

[colmwn]

Once again, another great video and analysis! Thank you!

[sally450]

Always straight talk from a guy who really knows the politics of money. We'd better listen or we are in such deep trouble, we may never recover. We need to stop the Fed's money printing scheme and get serious. Just say NO to raising the debt ceiling!

[TheBonefixr]

So everyone on the Right is saying the same thing but nothing is being done to stop this. Our president is playing his 70+ round of golf (even more than Eisenhower) and the media talks about Recovery with 9+% unemployment (Really 20%). Why the disconnect?

[mja2035]

Obama's not doing to good.

[iknownothingnow]

Excellent Mr. Morris. You provided a good visual of the ponzi scheme that we are forced to live with: the Federal Reserve.

Bill Gross and many others certainly agree with you that interest rates will rise. The elite will barely be affected, but the citizens – or sheep – certainly will. Then the blame game will come – again - and the sheep will easily be hypnotized into left vs. right being the cause of the problems.

[440SixPackJim]

He is spot on !

[Mopar21277]

Good dissertation Mr. Morris, the $160 Trillion is peanuts compared to the "gambling debts" of Big Finance, i.e. DERIVATIVES, estimated at $600-1500 Trillion. We were in great shape in about '99 as Dick says, but that year Glass-Steagall was ended, allowing the commercial banks to become investment banks.

In the bailout, the treasury paid out $2-3 trillion and the Fed created $20+ Tril in credit, only for Big Finance. Think that adds to the deficit & decimates the dollar and real economy?

[BeauMatane]

This is excellent.. Post on Facebook !!!!! Reason, Rationality & Dick Morris !!!! The new 5 Minute Morning Newspaper !!!!!!!!!!

[EpicSlug]

What a Dick!

HAHA! GET IT?