A good description of how the Federal Reserve works can be found in Ralph Epperson's book The Unseen Hand. Be careful tho, just because it's written doesn't mean it's all true, but even if only 10% IS true, then there's a problem.....thanks for posting...
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:Dubya stood by and watched while the Wall St. swindlers who financed his, Obama's AND McCain's campaigns, literally brought America it's knees. Obama did NOT create the problem, but instead of appointing Special Prosecutors to hunt down these CROOKS, he put them in charge and gave them OUR money to keep the bonuses flowing (the same thing has doomed the Euro). Only when these stinking banks go down, taking their toxic debt with them, will we have any chance of a REAL recovery
USA has a very very large economy. While we have a huge debt, as %GDP, its still not as much as most countries. Plus, its the past 3 republicans that added to the debt. Reagan, Bush 1 and Bush 2 did it. Clinton reduced the debt and eventually so will Obama.
Want a good long term economy? Elect a Democrat because chart and history doesnt lie.
@bdhcarbon If you think the politicians who need to raise millions to run for office, and get contributions from vested interests, control things....sorry to bust your bubble, the "government" does not tell Wall St bankers and the corporations what to do...it's the other way around, the tail does NOT wag the dog, he who pays the piper, calls the tune. Besides We the People are supposed to be a government OF the people, BY the people and FOR the people, and they the "public servants"
Actually it's 70% consuming, and that consuming is payed with borrowing. So not THAT large.
"Clinton reduced the debt and eventually so will Obama."
Clinton got lucky with the economy that's all. Obama reduce debt? LOL. Do some research. Obama has already added trillions and any calculation says he will add trillions more by the end of his term.
Seems you have been brainwashed by democrat propaganda.
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It's 2010 why are we still using money, an outdated contrived IDEA. Saying we have no money is like saying, the housing market stopped because we ran out of inches, or we are stuck on monday and can't make it tuesday happen cause we ran out of minutes.
Stimulus, Stimulated HHMMMM? Lets look at stimulus/stimulate. Stimulate=Arrousal? Stimulation to bring about arrousal leading to ejaculation that then becomes a spent load and a limp dick. We spent our load and now we have a limp dick. It all makes perfect sense to me, takes time to recover from a spent load. Depending on the size of spent load? And this load was huge, it could take years before we can get it up again. Hell we haven't even recovered from the friction burns yet.
The Federal reserve is the reason we have to borrow from foreign nations in the first place. It creates a make believe debt that we have to support by outside borrowing. The Fed is the root problem.
However, I still do not support Obamas plan because it has been proven already the bailing out failing businesses hurts the economy anyway.
The US Government offers SOVEREIGN DOLLARS that the private FED must purchase at FULL FACE value! ANYONE can use 100% non-appropriated Sovereign issued US Dollars. FED paid seignorage on these $ goes into the U.S. Treasury to PAY DOWN THE DEBT for the benefit of US Citizens.
The FED pays US for these!
I implore all Patriots worldwide to exchange FRNs for Sovereign US$ beginning May 13th and spend en-mass on July 4th - INDEPENDENCE FROM THE FED DAY.
Dear David the Patriot-What have you done to prepare yourself...? I would love to know what course of action you have undertaken. Perhaps you could direct me to one of your videos that might list the things that you have personally done to prepare for the coming dollar collapse? Sincere thanks...
too bad you dress a video up with "pop" music and "whatever" that image is....?? Everything in between better than the beginning and end, Stick to the information... That's what's appealing.
This is why the khazars ( phoney jews) were expelled from every country they settled throughout Europe. The rulers knew that once they had established themselves in commerce, medicine, and law it was only a matter of time before they stole all their gold and ruined their system. Here in the US they have carried on their game for over 100 years. What did you expect?
paper money- the lifeblood of the illusion the banks effectively own the world and have all the real wealth, like most of the gold in underground vaults, if we reach critical mass of consensus then we can change the way we live.
Trillions in debt and still print money out of thin air.Nobody will listen to a pauper unless he points a gun to your head.That is the way American Dream is made of.
The Federal Reserve is a private bank composed of several banks such as Citi, JPM, WF and others. This bank lends money to the Treasury Dept, the US government, at interest which I think is @6%. The government should print its own money. This is why the income tax was enacted in 1913, to pay interest to this bank, WTF!
On the money, jim. Lincoln refused to pay interest rates to the Rotpiles (Rothschilds) :) to finance the Civil War here in the U.S. at a rate of 25%. He gave the order to print the U.S.'s own money. Why can't we do this now? Well...because we're in contract with the Fed. They've thoroughly destroyed us at this point. Congress would not want to actually be in charge of making money decisions either. God forbid we have moral and upright people in Congress. :) Rate for the last one was 25%.ithink
The more I learn about Lincoln, the more I respect him. He warned us of the dangers of banks. He said that the banks were a greater enemy than the Confederacy.
I wish I could agree with you about Lincoln. While he did have backbone in some areas, he also had a lot of Marxist/ Socialists backing him in the war. Not to mention most of his commanding officers were socialist. You should check out the '48ers from around 1850. They had a heavy influence on America during that time. Lots of agendas then. Just as now I suppose. :) Oh! Check out the book RED REPUBLIC. Has some good behind the scenes information.
The deathblow for the US, apart from its politics :), is/was the outsourcing of labour...stupid thing to do. Let 100 indians/chinese/koreans do the work getting paid the same as 1 us citizen. Its politics fault for letting companies do that. Stupid system stupid politicians god damn are we all stupid
This idea that you can prepare by buying food and/or ammunition is ludicrous. The only way you can prepare is by investing outside of the US and outside of the dollar. You can buy gold or you can buy foreign stocks that pay dividends in the local currency. But how long can you store your food and how much food can you store? It's not going to be a month long event, it's going to be long term.
Yes, I know, and agree. I just had to cram a lot of background in to the video, and couldn't add any more data. It's for the unawakened, and the same research the banks use to enslave us says that the only way to reach the masses is in snippet format, with short videos. Feels a little like ingsoc doesn't it?
There are far too many people "preparing" in a way that isn't going to offer them any protection. Of course, many people have no choice. The worst part is that we all work for dollars and our income is being taxed through inflation. Wages always lag well behind the cost of living. So far, people haven't felt the effects of this spending, but they will and by then it's too late.
It's a shame we allowed these cronies to destroy our country and soon, our lives.
Investments are worthless in a real meltdown. In a real meltdown you won't have access to that money. Seeds, weapons (including primitive weapons such as bows arrows and blow guns) and a long term water source on rural land is far better.
That is not true. Look at zimbobwe, people who have gold can eat and people without gold slave away in the gold mines for a loaf of bread. How are you going to protect your crops in the event of such a major breakdown where food isn't available? Gonna watch them 24/7? Same with water and everything else. You simply can not prepare for it. You can prepare for short term events, but not long term ones. Hyper inflation lasts for years, not days weeks or even months. A loss of gov would as well.
In order to pay the debt, we have to lower the cost of unfunded mandates, and we must prepare America for the future economic prosperity required to pay down the national debt.
Obama knows that health care is going to be a huge financial burden in the future. Nationalizing it, like every other developed nation has done, is the way to go.
Ensuring that we have good jobs, a good transport system, and energy independence in the future requires that money be spent now.
Shorts are hitting this stock hard, should you be shorting it too?
Sirius XM Radio Inc. symbol SIRI is trading at 0.31 this stock is going down. It could be a good idea to shot this stock. Because it will NEVER, NEVER go up again.
Federal Reserves prints money,is there any gold reserves to back it up or just as an IOU paper, worthless.There must be an asset to back it up.If there is none,then USA is a Bankrupt.
There is nothing left, too much debt and corporate bankruptcy's that's why they're going to start printing money and higher taxes and hyper inflation will occur. The last recession lasted over 10 yrs and that was in the industrial age. This time there's nothing to back the dollar.This is really scary shit!
there's nothing to back it. Americans are going to take a huge paycut. Everyones way of life is going to change in 10 years. We're going to have to find ways to share resources such as a roof and cars. People may have to give up cell phones and internet access, or again, find ways to share it. The thing that scares me is, if we have another 9/11 type attack with our economy being this weak, it could really really sink the ship much faster than I care to imagine
Please someone help me. What would happen if we allowed the banks to fail, the large corporations to go into bankruptcy, and stopped printing money? I did NOT vote for Obama. But I am not sure about Ron Paul's views either. I am not an economist. What would be the economic impact of these nonactions? I just wonder what would happen. Can someone respond to me?
I'm not an economist either, man, but when people start talking about the collapse of the dollar, martial law, food riots, and panic in the country I went to war for, I pay attention.
If the banks were allowed to fail, the market would correct itself. In essence, the other banks would absorb the failed banks.
Since the Fed keeps printing money like there's no tomorrow, the value of the dollar declines, and we end up like Germany with the Weimar Republic. Google it. It's some scary Sh*t.
I woke up int he last few months when I began researching the Fed and what its purpose is. Also, fractional reserve banking makes no sense. I'm not an expert, but from a common sense point of view, banks are literally creating money out of thin air when they make a loan. How could this system ever sustain itself? It couldnt...but I think it was put into place so that powerful people could rape and pillage while the peons had no idea wtf was going on. P.S. research FDIC bankrupt if you want!
If those were to happen permanently, market forces would eventually create an economy where this crisis is unlikely to happen again.
We either pay for the wages of sin sooner and get it over with or pay for it over decades (centuries?) as is apparently the choice the gov't has taken.
The best solution is a non-violent revolution, the dissolving of the U.S.A. (thus its Federal debt), and create a new country with a fresh start. That's what happened in 1776.
Somehow, between the late 1700's and now, America lost its way from the intention of the Founders.
I don't know what the solution is, other than rebooting the country and HEAVILY educating the people on Austrian School economics and definitely some early American history.
For me bailout has roots in lack of honesty and knowledge. Without investing money to find beter financial managers (with more honesty and knowledge) i do not see the solution.
Primarily money should go to develop moral, intellectual, and social capital. U.S has such people, but power and monoly does keep other type of people. MAfia is always better SELF-ORGANIZED. Obama should improve human resource management in the finance industry....
The truth of the economic situation is that we are in the midst of the death of central banking. It is going down hard and will take all of us with it because that is the way of the politicians. We are their nothing but cannon fodder to most of them. Just collateral damage in an economic sense as they all, (at least those who have a grasp of what is really happening), fight for the last of the pie. Do what you can to protect yourself and your family.
You cannot support his stimulus plan. But the truth is, almost all of America knows knowthing about the economy. Even somebankers think that our dollar is backed by gold. Ignorance caused this depression and knowledge is the only way out. The real question is, How do you get America to accept the facts? Only when they accept them will they do anyhting about them.
Great video, very true. Obama, is using a tactic similar to that of FDR during the great depression to stimulate the economy. I am really worried about the fact that our deficit was already huge before Obama's presidency, and now it is astronomical. Wen Jibao from China already stated that he is not sure about buying more American debt. After Nixon removed the Gold standard, it took over 5 years for citizens to really feel the effects of inflation. To think, now is even worse. Wait 5-10 years.
True that harrymook, let's see how many foriegn investors buy the bonds supporting the "economic stimulus" or as I like to call it, the economic suicide our new dictator, uh I mean, president signed into effect.
A year or so ago I heard that Bush had spent more on military capability than ANY previous president. Who benefits from allo of that spending? Not the average citizen--if you believe that I've got a bridge I'd like to sell to you. All that money goes into the pockets of the companies that make up the military industrial complex. While they get rich the American economy gets weaker. It is the exact same kind of spending that caused the collapese of the Soviet Union.
WHY would ANY Government ask a PRIVATE COMPANY to...PRINT UP ITS OWN DAMN "Money" OUT OF THIN AIR....and then "LOAN" it to Them?
...ohh and then (get this) PAY "Interest" ON ITS OWN DAMN "Money" to that PRIVATE COMPANY?
WTF?
Thats like YOU going to the store, buying Toilet Paper and then when you want to take a Dump..PAYING ME...to pull the roll and hand some through the Barthroom Door to You..........ON "LOAN"
@Ooloosoon Unfortunately most countries have followed the US and gave up the gold standard eventually - i.e. they had to to keep up with the "growth" of the US economy.
So, as far as I know the printing money out of air business is also true for Europe and others - though their debts are typically much smaller. So the US will likely be the first to collapse.
Fed doesn't print money anymore, everything is digital. Only 3 % of the current M3 money supply is in paper, and 97 % is stored in some databases. So when the dollar collapses, you can't even use dollars as a toilet paper. :)
Y the fuck did every1 round the world let america just use paper currency and say we wont print more than we need 2 and shit. that day we were enslaved what d fuck is money anyway look at what its done to the world in a matter of seconds it can be worthless mayb in these tough times we will se things in a different view and just focus on living life in the way we wish our days may be numbered but our spirits strong.
the only difference is the morgans out there dont have to pay thier stimulis back. that stimulis we just got last yr. from bush, was just taken outta your tax return for this yr.
we just gave almost three times this stimulis to the wealthiest companies in the world, and no1 even got a say in the morgan bailout; and big 3 bailout. what idiots like this guy gotta understand too, is that we the poor ppl. don't have any cheese to spend advertising our own bailout. so of corse all the media attn. is gonna be negetive, not to mention the republican elitists feel they owe it to our slave owning ancestors to hold back our 1 ray of hope. OBAMA. whats good for the goose, is STILL
If you actually think that this is a "bailout for US", you obviously haven't taken the time to look at the specific expenditures in the package. Your cut is table scraps friend. They WANT you to rejoice over table scraps. They want happy (more productive) slaves to their system. Sheeple just like yourself.
S'okay. I was one too until I did some research. But one can only lead a horse to water.. Peace.
The economy wants to undergo a natural self correction after a period of artificial interest rates and inflated speculation regarding wealth values. The point of this video is to emphasize that "the bailout" uses the same artificial means to smooth a recession - which has to be payed for at some point by someone, as wealth and value can't simply be printed. And none of this solves the fundamental problem of artificial currency.
FYI, you throw away a lot of credibility with comments about anyone having the back of former slave owners - the year is 2009.
Whats good for the goose is only good for the goose. The rest of the gander has to pay for it, as well as future generations of geese. Using ambiguous and baseless catchphrases doesn't make anyone right.
You yourself said it. Every dollar is borrowed (credit) at the federal funds rate, compounded, which makes every dollar credit. T-bills aren't "money supply" they're credit, again, paid compounded interest on. I stand by my original comment, thanks for the negative one. The actually money supply has been stagnant for 50 years, credit is issued in place of cash, which has the same effect, actually worse than what the video is talking about, plus each dollar is credit
think about this...the same "public" that elects the rascals have also been empirically determined to be incapable of reading a mortgage form (or HELOC or c-card statement)...by the time the "public" get it...it, will be too late
The government creates nothing. It is force and a consuming fire rather than reason and cooperation. That's why it's proper role is limited to dealing with criminals. Government will just siphon resources from the productive economy.
You can not spend your way to prosperity. Prosperity and economic growth is the result of investment. Investment comes from savings and savings come from DEFERRED spending/consumption. This way will not produce overnight magic. But it is the only way.
oh and one more thing. I do not support this so called "stimulus" plan... more like a stimulus for the rich... they're robbing us blind and probably laughing their asses off at how stupid and unaware we are
Thanks, I was going for an intro to debt topics, get people doing their own research. That's what's important. Don't just believe me, I'm just some guy on the internet. People are starting to seek more info each day. I can only hope more people do so faster. :)
Sorry, i meant to say financial debt system...anyways good work and the it correlates with much of my own research as well. The economy will never ever ever be truly stable as long as the Fed's is in place. Its a cannibalistic system, a ponse scheme that serves the elite. It is not in the peoples best interest. If this trend continues, along with never ending military expansion ...we're done for.
Current debt is 60-70% of GNP. it was 150% in 1945. The dollar didn't collapse and the increased spending (aggregate demand) lifted us out of the Depression.
What you're advocating is the Treasury view of Andrew Mellon. Trying to balance the budget in a slump is ignorant. Take an econ 101 class.
Oh you mean a Keynesian economic class? Yeah I regurgitated that crap, took econ. You perpetual speculators, and nanny staters are going to run out of Asians to borrow from. It's already happening. No need to be such an a**hole -- It's just a bull vs. bear argument. You'll make money on the short, and I'll liquidate you when your dollar denominated assets fall... Not because I'm an a**hole, but because you played the risky road and got burned.
I follow the economic strategies of a few people that I'm sure you hate, or at least don't fully understand - Ludwig Von Mises, Milton Friedman, Peter Schiff, Thomas Jefferson, Benjamin Franklin, Andrew Jackson.
Furthermore, during the time of Truman, that you cite, we actually had a manufacturing base, where a net exporter, and had the capacity to pay our debts off. The final nail in the coffin of your tired excuse er um argument for fiat failure is that those statistics you cite are based on gdp which factors in less than 50 percent of all consumptive goods, primarily food and energy which are the goods that effect the average citizen during times of economic hardship. You can't prop it up forever.
Yea, I bet you learned a lot in that econ 101? many college classes are brainwashing and preparatory as to mold a self righteous, cynical consumer slave. i attended college and have a business textbook in front of me. I cant think of something more technically correct, but propagandist by omission. It takes more than a "college education" to understand the big picture, it takes a willingness and desire for truth.
Do you mistrust higher education so much? Perhaps the climatologists are brainwashing us about global warming; the biologists are lying about evolution; medical researchers misrepresent the hazards of smoking; and economists (both conservatives like Feldstein and progressives like Stiglitz) don't understand economics.
Or perhaps your view of economics and the world is more outdated and faith-based than in line with reality.
Global cooling has been occurring the last few years actually, according to the climatologists who were at December's U.N. Global Warming conference in Poznan, Poland. 650 of them to be exact.
The Rothschild family - if you look up their timeline - is responsible many cover-ups over the centuries. It's not necessarily a conspiracy - just an old, rich inbred (NOT Jewish as they profess to be) family who seeks to own all wealth and control as much of the world as they can. Simple as that.
Remember, many "economists" told Peter Schiff he was wrong 1, 2, 3 years ago.. now he's on all the news networks - so is Ron Paul - because they both predicted what's happened w/ the economy, exactly what's going on right now... when NOBODY else did. See for yourself. Just takes a little research.
I'll take that as humorous criticism...but seriously... College and higher education is beneficial and has purpose. My point was to be open to new ideas and not settle on the mainstream status-quo. This is not a time for only being "technically correct" we need to re-think where we are and where we're headed. the old ways are not working - as is self evident. The world is in a mess of trouble and we better wake up to the big picture. By the way this vid is on par with reality, not faith
Give up knowing how to properly do math? I don't think you fully understand the gravity of our situation. We are at financial terminal velocity. If you are too lazy to confirm and confront that fact, nobody's stopping you.
declaring sovereignty is in the constitution... ha, dave you have no real idea what is going on considering you dad funds your bullshit ideas. O yeah and you have always gone against the grain even if it meant changing what you stood for. you always will and that is why only these neo-socialites will stand by your ideas... If they really understood the real you they would see your flaws
Dad funds ideas? What the f*** are you talking about Sean? My Dad hasn't given me anything but a Christmas present in almost a decade. 100 percent self made.. Oh Sean. Mr. Taco Bell Sleeping at Mom's at age 29 last I heard. Neo-Socialites? Wow... Just wow...
The 10th Amendment to the Constitution reads as follows: The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.
well i'll tell you what. you guys can believe all you want that the fucking Armageddon has arrived, but the states will stand together. If eight years of bush couldn't cause any states to annex then i doubt someone that truly is looking to better his country will.
You seem to think we want this... You also seem to think it's ok for the Federal government to overstep it's Constitutionally delineated bounds. You also think it's a great idea to slap another trillion on to a 50 trillion dollar obligation. You should not be trusted with a credit card...
how could i win, when you all have the same crazy ideals, you have no faith and that shows in every bit of ignorance you guys spew. i'm glad that you guys continue to be the butt end of jokes by intelligent people with a bit of patience. O well continue to blindly lead your cattle to slaughter
No, you can't win because all this is rhetoric. There are no facts to back up anything you're saying. You're just another blind, salivating Obama follower, like the rest of his sheeple. Yes, your "intelligence"..?... is apparent.
Not that I think you'll actually do the work, but just for kicks - Google HR 645, and Rex 84. Look at Iceland, Ireland, Sri Lanka & elsewhere right now. Rioting and protesting. Martial law. It'll hit us eventually - the leading ECONOMISTS are saying it. Explain exactly how Peter Schiff is wrong, oh intelligent one. O.o
you're a f*cking moron. I had to let you know. Patience? Crazy ideals? Spending money to get out of debt sounds pretty crazy to me. That doesn't sound crazy to you? You're a f*cking moron.
Cut your balls off so that you don't contaminate the world with another f*cking moron.
and bailout recipents funded Mcain's campain too...i'd tell you but thats what goole is for...
KenDoggable 1 month ago
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ashwadhwani 3 months ago
TRUMP FOR PRESIDENT
XmojotronX 10 months ago
A good description of how the Federal Reserve works can be found in Ralph Epperson's book The Unseen Hand. Be careful tho, just because it's written doesn't mean it's all true, but even if only 10% IS true, then there's a problem.....thanks for posting...
hermit1249 1 year ago
All in the world google adsense approval and genuine account within 2 hour and all so deals genuine earning tricks and account making contact us 03465055015
fatherofadsense 1 year ago
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Domenique Strauss Khan IMF director, called for a one world currency this very week. I have the links if any one wants them.
ALBIONTYKE 1 year ago
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ALBIONTYKE 1 year ago
:Dubya stood by and watched while the Wall St. swindlers who financed his, Obama's AND McCain's campaigns, literally brought America it's knees. Obama did NOT create the problem, but instead of appointing Special Prosecutors to hunt down these CROOKS, he put them in charge and gave them OUR money to keep the bonuses flowing (the same thing has doomed the Euro). Only when these stinking banks go down, taking their toxic debt with them, will we have any chance of a REAL recovery
captnswing 1 year ago
USA has a very very large economy. While we have a huge debt, as %GDP, its still not as much as most countries. Plus, its the past 3 republicans that added to the debt. Reagan, Bush 1 and Bush 2 did it. Clinton reduced the debt and eventually so will Obama.
Want a good long term economy? Elect a Democrat because chart and history doesnt lie.
bdhcarbon 1 year ago
@bdhcarbon If you think the politicians who need to raise millions to run for office, and get contributions from vested interests, control things....sorry to bust your bubble, the "government" does not tell Wall St bankers and the corporations what to do...it's the other way around, the tail does NOT wag the dog, he who pays the piper, calls the tune. Besides We the People are supposed to be a government OF the people, BY the people and FOR the people, and they the "public servants"
ITILII 6 months ago
@bdhcarbon "USA has a very very large economy."
Actually it's 70% consuming, and that consuming is payed with borrowing. So not THAT large.
"Clinton reduced the debt and eventually so will Obama."
Clinton got lucky with the economy that's all. Obama reduce debt? LOL. Do some research. Obama has already added trillions and any calculation says he will add trillions more by the end of his term.
Seems you have been brainwashed by democrat propaganda.
TWSceptic 1 month ago
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BOGHEZ0023 1 year ago
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check my channel for video's about daytrading and trade like me in forex (EUR/USD, CAD/JPY etc.), stocks (coca-cola, phillips etc.), commodities (gold, silver, oil etc.) and indices (Nasdaq, Nikkei etc.
i0am0a0daytrader 1 year ago
It's 2010 why are we still using money, an outdated contrived IDEA. Saying we have no money is like saying, the housing market stopped because we ran out of inches, or we are stuck on monday and can't make it tuesday happen cause we ran out of minutes.
JoeTube27 1 year ago
I support Obama's Stimulus Package - and I think it's working.
blevideo 1 year ago
@blevideo Obamas Stimulus created more Debt so how is it working.
rangerjames73 1 year ago
Stimulus, Stimulated HHMMMM? Lets look at stimulus/stimulate. Stimulate=Arrousal? Stimulation to bring about arrousal leading to ejaculation that then becomes a spent load and a limp dick. We spent our load and now we have a limp dick. It all makes perfect sense to me, takes time to recover from a spent load. Depending on the size of spent load? And this load was huge, it could take years before we can get it up again. Hell we haven't even recovered from the friction burns yet.
nucsol 1 year ago 2
The Federal reserve is the reason we have to borrow from foreign nations in the first place. It creates a make believe debt that we have to support by outside borrowing. The Fed is the root problem.
However, I still do not support Obamas plan because it has been proven already the bailing out failing businesses hurts the economy anyway.
arch571332 1 year ago
The US Government offers SOVEREIGN DOLLARS that the private FED must purchase at FULL FACE value! ANYONE can use 100% non-appropriated Sovereign issued US Dollars. FED paid seignorage on these $ goes into the U.S. Treasury to PAY DOWN THE DEBT for the benefit of US Citizens.
The FED pays US for these!
I implore all Patriots worldwide to exchange FRNs for Sovereign US$ beginning May 13th and spend en-mass on July 4th - INDEPENDENCE FROM THE FED DAY.
PLEASE pass this on!
CitiZenPete
prayfortruejustice 1 year ago
its illegal to photocopy cash, unless your obama i guess....LOL
markfriesen1979 1 year ago
Dear David the Patriot-What have you done to prepare yourself...? I would love to know what course of action you have undertaken. Perhaps you could direct me to one of your videos that might list the things that you have personally done to prepare for the coming dollar collapse? Sincere thanks...
johnnyharmjohnnyharm 1 year ago
too bad you dress a video up with "pop" music and "whatever" that image is....?? Everything in between better than the beginning and end, Stick to the information... That's what's appealing.
biggroovybob 2 years ago
Stop taking peoples effort. Or people will stop making an effort.
TruthCracker 2 years ago
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This is the word you need to know: Deregulation. The phrase: Deregulation caused the recession.
girardbcp 2 years ago
Actually if they cut payroll tax - it would be a massive help. Don't cut it temporarilty -- cut it forever.
Businesses biggest expense is often payroll tax -- even if they don't make a dime profit, they have to pay this huge tax.
Every worker also pays this tax.
So cut the payroll tax.
DontTrustTaxCons 2 years ago
madness
MrROTD 2 years ago
I keep buying stocks! lol....
sinister60804 2 years ago
A very nice video. I'd recommend people to see "Money as Debt", "The Money Masters" and even "Zeitgeist: Addendum" for more insight.
Good luck to us all.
NielsC68 2 years ago
Nice job David.
They should teach this stuff in school!
maurymrtou59 2 years ago 3
Great video!
HealthRanger7 2 years ago 2
This is why the khazars ( phoney jews) were expelled from every country they settled throughout Europe. The rulers knew that once they had established themselves in commerce, medicine, and law it was only a matter of time before they stole all their gold and ruined their system. Here in the US they have carried on their game for over 100 years. What did you expect?
irishslave51 2 years ago
paper money- the lifeblood of the illusion the banks effectively own the world and have all the real wealth, like most of the gold in underground vaults, if we reach critical mass of consensus then we can change the way we live.
obione888 2 years ago 2
I can't wait for silver to reach $1000 an ounce; it will be a beautiful day for those of us that prepared.
a230845 2 years ago 4
Trillions in debt and still print money out of thin air.Nobody will listen to a pauper unless he points a gun to your head.That is the way American Dream is made of.
captaziz1 2 years ago
The Federal Reserve is a private bank composed of several banks such as Citi, JPM, WF and others. This bank lends money to the Treasury Dept, the US government, at interest which I think is @6%. The government should print its own money. This is why the income tax was enacted in 1913, to pay interest to this bank, WTF!
jimbobubbadj 2 years ago
Print money without a collateral.Go and play Monopoly, at least there are collaterals.Watch ZEITGEIST. To know how The Federal Reserve operates.
captaziz1 2 years ago
On the money, jim. Lincoln refused to pay interest rates to the Rotpiles (Rothschilds) :) to finance the Civil War here in the U.S. at a rate of 25%. He gave the order to print the U.S.'s own money. Why can't we do this now? Well...because we're in contract with the Fed. They've thoroughly destroyed us at this point. Congress would not want to actually be in charge of making money decisions either. God forbid we have moral and upright people in Congress. :) Rate for the last one was 25%.ithink
chop98 2 years ago 2
The more I learn about Lincoln, the more I respect him. He warned us of the dangers of banks. He said that the banks were a greater enemy than the Confederacy.
jimbobubbadj 2 years ago
I wish I could agree with you about Lincoln. While he did have backbone in some areas, he also had a lot of Marxist/ Socialists backing him in the war. Not to mention most of his commanding officers were socialist. You should check out the '48ers from around 1850. They had a heavy influence on America during that time. Lots of agendas then. Just as now I suppose. :) Oh! Check out the book RED REPUBLIC. Has some good behind the scenes information.
chop98 2 years ago
thats right and he may have died because he opposed them
MrROTD 2 years ago
GREAT VIDEO..thank you for posting!
kissmytwinkys 2 years ago
The deathblow for the US, apart from its politics :), is/was the outsourcing of labour...stupid thing to do. Let 100 indians/chinese/koreans do the work getting paid the same as 1 us citizen. Its politics fault for letting companies do that. Stupid system stupid politicians god damn are we all stupid
managarm1349 2 years ago 2
Comment removed
acchichi1 2 years ago
Then buy seeds not storable food....In addition to investing abroad.
wellbangstevens 2 years ago
This idea that you can prepare by buying food and/or ammunition is ludicrous. The only way you can prepare is by investing outside of the US and outside of the dollar. You can buy gold or you can buy foreign stocks that pay dividends in the local currency. But how long can you store your food and how much food can you store? It's not going to be a month long event, it's going to be long term.
christo930 2 years ago 2
Yes, I know, and agree. I just had to cram a lot of background in to the video, and couldn't add any more data. It's for the unawakened, and the same research the banks use to enslave us says that the only way to reach the masses is in snippet format, with short videos. Feels a little like ingsoc doesn't it?
DavidThePatriot 2 years ago 2
There are far too many people "preparing" in a way that isn't going to offer them any protection. Of course, many people have no choice. The worst part is that we all work for dollars and our income is being taxed through inflation. Wages always lag well behind the cost of living. So far, people haven't felt the effects of this spending, but they will and by then it's too late.
It's a shame we allowed these cronies to destroy our country and soon, our lives.
christo930 2 years ago
Investments are worthless in a real meltdown. In a real meltdown you won't have access to that money. Seeds, weapons (including primitive weapons such as bows arrows and blow guns) and a long term water source on rural land is far better.
vinayakaya 2 years ago
That is not true. Look at zimbobwe, people who have gold can eat and people without gold slave away in the gold mines for a loaf of bread. How are you going to protect your crops in the event of such a major breakdown where food isn't available? Gonna watch them 24/7? Same with water and everything else. You simply can not prepare for it. You can prepare for short term events, but not long term ones. Hyper inflation lasts for years, not days weeks or even months. A loss of gov would as well.
christo930 2 years ago
In order to pay the debt, we have to lower the cost of unfunded mandates, and we must prepare America for the future economic prosperity required to pay down the national debt.
Obama knows that health care is going to be a huge financial burden in the future. Nationalizing it, like every other developed nation has done, is the way to go.
Ensuring that we have good jobs, a good transport system, and energy independence in the future requires that money be spent now.
blackwidow757 2 years ago
I like the pics you used!
btw look up: We Didn't Start The Crisis Stern
(parody about the economy, but must be familiar with the original vid: We Didn't Start The Fire)
sanasinnersanctum 2 years ago
Shorts are hitting this stock hard, should you be shorting it too?
Sirius XM Radio Inc. symbol SIRI is trading at 0.31 this stock is going down. It could be a good idea to shot this stock. Because it will NEVER, NEVER go up again.
Jfkennedy62 2 years ago
We've bought our way into perpetual debt, with borrowed money! WTF were we thinking.
D33Lux 2 years ago
Federal Reserves prints money,is there any gold reserves to back it up or just as an IOU paper, worthless.There must be an asset to back it up.If there is none,then USA is a Bankrupt.
captaziz1 2 years ago
There is nothing left, too much debt and corporate bankruptcy's that's why they're going to start printing money and higher taxes and hyper inflation will occur. The last recession lasted over 10 yrs and that was in the industrial age. This time there's nothing to back the dollar.This is really scary shit!
D33Lux 2 years ago
there's nothing to back it. Americans are going to take a huge paycut. Everyones way of life is going to change in 10 years. We're going to have to find ways to share resources such as a roof and cars. People may have to give up cell phones and internet access, or again, find ways to share it. The thing that scares me is, if we have another 9/11 type attack with our economy being this weak, it could really really sink the ship much faster than I care to imagine
lilbromarky1 2 years ago
Please someone help me. What would happen if we allowed the banks to fail, the large corporations to go into bankruptcy, and stopped printing money? I did NOT vote for Obama. But I am not sure about Ron Paul's views either. I am not an economist. What would be the economic impact of these nonactions? I just wonder what would happen. Can someone respond to me?
johe64 2 years ago
I'm not an economist either, man, but when people start talking about the collapse of the dollar, martial law, food riots, and panic in the country I went to war for, I pay attention.
If the banks were allowed to fail, the market would correct itself. In essence, the other banks would absorb the failed banks.
Since the Fed keeps printing money like there's no tomorrow, the value of the dollar declines, and we end up like Germany with the Weimar Republic. Google it. It's some scary Sh*t.
floridarotors 2 years ago
I woke up int he last few months when I began researching the Fed and what its purpose is. Also, fractional reserve banking makes no sense. I'm not an expert, but from a common sense point of view, banks are literally creating money out of thin air when they make a loan. How could this system ever sustain itself? It couldnt...but I think it was put into place so that powerful people could rape and pillage while the peons had no idea wtf was going on. P.S. research FDIC bankrupt if you want!
lilbromarky1 2 years ago
If those were to happen permanently, market forces would eventually create an economy where this crisis is unlikely to happen again.
We either pay for the wages of sin sooner and get it over with or pay for it over decades (centuries?) as is apparently the choice the gov't has taken.
The best solution is a non-violent revolution, the dissolving of the U.S.A. (thus its Federal debt), and create a new country with a fresh start. That's what happened in 1776.
Call it "restructuring".
RodCornholio 2 years ago
Thats a good point, but look what happened to the U.S. .....
You cant just keep rebuilding, you have make something that wont work work.
ODSTsoldier 2 years ago
Somehow, between the late 1700's and now, America lost its way from the intention of the Founders.
I don't know what the solution is, other than rebooting the country and HEAVILY educating the people on Austrian School economics and definitely some early American history.
RodCornholio 2 years ago 2
You have a point... i guess...
iammeandthatsall 2 years ago
For me bailout has roots in lack of honesty and knowledge. Without investing money to find beter financial managers (with more honesty and knowledge) i do not see the solution.
Primarily money should go to develop moral, intellectual, and social capital. U.S has such people, but power and monoly does keep other type of people. MAfia is always better SELF-ORGANIZED. Obama should improve human resource management in the finance industry....
alauc 2 years ago
The truth of the economic situation is that we are in the midst of the death of central banking. It is going down hard and will take all of us with it because that is the way of the politicians. We are their nothing but cannon fodder to most of them. Just collateral damage in an economic sense as they all, (at least those who have a grasp of what is really happening), fight for the last of the pie. Do what you can to protect yourself and your family.
Skutt 2 years ago
You cannot support his stimulus plan. But the truth is, almost all of America knows knowthing about the economy. Even somebankers think that our dollar is backed by gold. Ignorance caused this depression and knowledge is the only way out. The real question is, How do you get America to accept the facts? Only when they accept them will they do anyhting about them.
kinglala3 2 years ago
Great vid!
ZoeyK86 2 years ago
100% dead on!
Nice vid, maybe it will wake some people up...
threenailzz 2 years ago
Wow a very powerful message. Wish more people could understand it.
garpar1 2 years ago
Great video, very true. Obama, is using a tactic similar to that of FDR during the great depression to stimulate the economy. I am really worried about the fact that our deficit was already huge before Obama's presidency, and now it is astronomical. Wen Jibao from China already stated that he is not sure about buying more American debt. After Nixon removed the Gold standard, it took over 5 years for citizens to really feel the effects of inflation. To think, now is even worse. Wait 5-10 years.
RenaissanceCapital 2 years ago
KICK ASS VIDEO
PINApwns 2 years ago
Great job. to the point and to the truth
kjinks2004 2 years ago
Great job. to the point and to the truth
cospopeye 3 years ago
True that harrymook, let's see how many foriegn investors buy the bonds supporting the "economic stimulus" or as I like to call it, the economic suicide our new dictator, uh I mean, president signed into effect.
ninjaswordtothehead 3 years ago
Hope, that there will not even be enough money to pay the police.
Unerzogen 3 years ago
Awesome.
NWOnocause4alarm 3 years ago
A year or so ago I heard that Bush had spent more on military capability than ANY previous president. Who benefits from allo of that spending? Not the average citizen--if you believe that I've got a bridge I'd like to sell to you. All that money goes into the pockets of the companies that make up the military industrial complex. While they get rich the American economy gets weaker. It is the exact same kind of spending that caused the collapese of the Soviet Union.
DiGiTaLdAzEDM 3 years ago
[sorry, couldn't resist :-) ]
Does your bridge go anywhere?
maskedphrogg 3 years ago
Must we obsess over such minor details? Just sign the dotted line please.
DiGiTaLdAzEDM 3 years ago
i'll give you 2 bucks for it
samblah 3 years ago
The bidding process has begun. Do I hear 3 anyone?
DiGiTaLdAzEDM 3 years ago
Question America...
WHY would ANY Government ask a PRIVATE COMPANY to...PRINT UP ITS OWN DAMN "Money" OUT OF THIN AIR....and then "LOAN" it to Them?
...ohh and then (get this) PAY "Interest" ON ITS OWN DAMN "Money" to that PRIVATE COMPANY?
WTF?
Thats like YOU going to the store, buying Toilet Paper and then when you want to take a Dump..PAYING ME...to pull the roll and hand some through the Barthroom Door to You..........ON "LOAN"
Then ME CHARGING YOU "interest" on it(WTF?? LOL!)
Ooloosoon 3 years ago 13
Why aren't we all trying to answer that question?
shonjonn3 3 years ago
@Ooloosoon Unfortunately most countries have followed the US and gave up the gold standard eventually - i.e. they had to to keep up with the "growth" of the US economy.
So, as far as I know the printing money out of air business is also true for Europe and others - though their debts are typically much smaller. So the US will likely be the first to collapse.
acuriousdancer 1 year ago
none are more hopelessley enslaved than those those who falsely believe they are free
pinball281 3 years ago 8
Fed doesn't print money anymore, everything is digital. Only 3 % of the current M3 money supply is in paper, and 97 % is stored in some databases. So when the dollar collapses, you can't even use dollars as a toilet paper. :)
dumbworld 3 years ago
Y the fuck did every1 round the world let america just use paper currency and say we wont print more than we need 2 and shit. that day we were enslaved what d fuck is money anyway look at what its done to the world in a matter of seconds it can be worthless mayb in these tough times we will se things in a different view and just focus on living life in the way we wish our days may be numbered but our spirits strong.
pinball281 3 years ago
Down with the central banks, back to sound currency. Bring back gold and silver...
erato99 3 years ago 5
the only difference is the morgans out there dont have to pay thier stimulis back. that stimulis we just got last yr. from bush, was just taken outta your tax return for this yr.
englishcharliebrown 3 years ago
we just gave almost three times this stimulis to the wealthiest companies in the world, and no1 even got a say in the morgan bailout; and big 3 bailout. what idiots like this guy gotta understand too, is that we the poor ppl. don't have any cheese to spend advertising our own bailout. so of corse all the media attn. is gonna be negetive, not to mention the republican elitists feel they owe it to our slave owning ancestors to hold back our 1 ray of hope. OBAMA. whats good for the goose, is STILL
englishcharliebrown 3 years ago
Comment removed
lizolivit 3 years ago
If you actually think that this is a "bailout for US", you obviously haven't taken the time to look at the specific expenditures in the package. Your cut is table scraps friend. They WANT you to rejoice over table scraps. They want happy (more productive) slaves to their system. Sheeple just like yourself.
S'okay. I was one too until I did some research. But one can only lead a horse to water.. Peace.
lizolivit 3 years ago 2
The economy wants to undergo a natural self correction after a period of artificial interest rates and inflated speculation regarding wealth values. The point of this video is to emphasize that "the bailout" uses the same artificial means to smooth a recession - which has to be payed for at some point by someone, as wealth and value can't simply be printed. And none of this solves the fundamental problem of artificial currency.
VAUS82 3 years ago
FYI, you throw away a lot of credibility with comments about anyone having the back of former slave owners - the year is 2009.
Whats good for the goose is only good for the goose. The rest of the gander has to pay for it, as well as future generations of geese. Using ambiguous and baseless catchphrases doesn't make anyone right.
VAUS82 3 years ago
Correction at 1:44
The Federal Reserve doesn't expand our money supply, they expand our credit supply.
MichaelJacebson 3 years ago
Both actually. The Fed holds the printing press.
lizolivit 3 years ago
They do both - they alter interest rates and the money supply simultaneously through the buying and selling of T bills.
VAUS82 3 years ago
"they alter interest rates"
You yourself said it. Every dollar is borrowed (credit) at the federal funds rate, compounded, which makes every dollar credit. T-bills aren't "money supply" they're credit, again, paid compounded interest on. I stand by my original comment, thanks for the negative one. The actually money supply has been stagnant for 50 years, credit is issued in place of cash, which has the same effect, actually worse than what the video is talking about, plus each dollar is credit
MichaelJacebson 3 years ago
Your response is strange. My comment was not negative, so I'm not sure why you would take offense.
I honestly think you're splitting hairs about semantics when when you argue the definition of something as being either strictly money or credit.
If the money supply were stagnant, then credit would be restrained and no inflation would occur in the long run.
FYI, buying T bills gives money to the banks that held them, increasing the money supply and reducing the overnight lending rate.
VAUS82 3 years ago
well done . keep the faith
hellavadeal 3 years ago 3
fantastic job on this. very, very good images and content. please subscribe/friend me...... keep it up!
AwakenSafely channel
Jacob Nordby
AwakenSafely 3 years ago 3
i don't support ANY stimulus plans; but since when does our gov. ever listen to the people anyway? viva la revolution!!!
dweber66 3 years ago 3
interesting.
DEREKNEILSON 3 years ago
good vid...
think about this...the same "public" that elects the rascals have also been empirically determined to be incapable of reading a mortgage form (or HELOC or c-card statement)...by the time the "public" get it...it, will be too late
ninesticks 3 years ago
The government creates nothing. It is force and a consuming fire rather than reason and cooperation. That's why it's proper role is limited to dealing with criminals. Government will just siphon resources from the productive economy.
You can not spend your way to prosperity. Prosperity and economic growth is the result of investment. Investment comes from savings and savings come from DEFERRED spending/consumption. This way will not produce overnight magic. But it is the only way.
carcabe 3 years ago 3
oh and one more thing. I do not support this so called "stimulus" plan... more like a stimulus for the rich... they're robbing us blind and probably laughing their asses off at how stupid and unaware we are
boosuff 3 years ago
neat little informative video...gets to the meat of the issue with a nice overview of the financial system. thanks
boosuff 3 years ago
Thanks, I was going for an intro to debt topics, get people doing their own research. That's what's important. Don't just believe me, I'm just some guy on the internet. People are starting to seek more info each day. I can only hope more people do so faster. :)
DavidThePatriot 3 years ago
Sorry, i meant to say financial debt system...anyways good work and the it correlates with much of my own research as well. The economy will never ever ever be truly stable as long as the Fed's is in place. Its a cannibalistic system, a ponse scheme that serves the elite. It is not in the peoples best interest. If this trend continues, along with never ending military expansion ...we're done for.
boosuff 3 years ago
Current debt is 60-70% of GNP. it was 150% in 1945. The dollar didn't collapse and the increased spending (aggregate demand) lifted us out of the Depression.
What you're advocating is the Treasury view of Andrew Mellon. Trying to balance the budget in a slump is ignorant. Take an econ 101 class.
specultr 3 years ago
Oh you mean a Keynesian economic class? Yeah I regurgitated that crap, took econ. You perpetual speculators, and nanny staters are going to run out of Asians to borrow from. It's already happening. No need to be such an a**hole -- It's just a bull vs. bear argument. You'll make money on the short, and I'll liquidate you when your dollar denominated assets fall... Not because I'm an a**hole, but because you played the risky road and got burned.
DavidThePatriot 3 years ago
I follow the economic strategies of a few people that I'm sure you hate, or at least don't fully understand - Ludwig Von Mises, Milton Friedman, Peter Schiff, Thomas Jefferson, Benjamin Franklin, Andrew Jackson.
DavidThePatriot 3 years ago
Furthermore, during the time of Truman, that you cite, we actually had a manufacturing base, where a net exporter, and had the capacity to pay our debts off. The final nail in the coffin of your tired excuse er um argument for fiat failure is that those statistics you cite are based on gdp which factors in less than 50 percent of all consumptive goods, primarily food and energy which are the goods that effect the average citizen during times of economic hardship. You can't prop it up forever.
DavidThePatriot 3 years ago
Specultr:
Yea, I bet you learned a lot in that econ 101? many college classes are brainwashing and preparatory as to mold a self righteous, cynical consumer slave. i attended college and have a business textbook in front of me. I cant think of something more technically correct, but propagandist by omission. It takes more than a "college education" to understand the big picture, it takes a willingness and desire for truth.
boosuff 3 years ago 2
@boosuff:
Do you mistrust higher education so much? Perhaps the climatologists are brainwashing us about global warming; the biologists are lying about evolution; medical researchers misrepresent the hazards of smoking; and economists (both conservatives like Feldstein and progressives like Stiglitz) don't understand economics.
Or perhaps your view of economics and the world is more outdated and faith-based than in line with reality.
specultr 3 years ago
Global cooling has been occurring the last few years actually, according to the climatologists who were at December's U.N. Global Warming conference in Poznan, Poland. 650 of them to be exact.
lizolivit 3 years ago
The Rothschild family - if you look up their timeline - is responsible many cover-ups over the centuries. It's not necessarily a conspiracy - just an old, rich inbred (NOT Jewish as they profess to be) family who seeks to own all wealth and control as much of the world as they can. Simple as that.
lizolivit 3 years ago 3
Dentists used to advocate smoking..
Remember, many "economists" told Peter Schiff he was wrong 1, 2, 3 years ago.. now he's on all the news networks - so is Ron Paul - because they both predicted what's happened w/ the economy, exactly what's going on right now... when NOBODY else did. See for yourself. Just takes a little research.
lizolivit 3 years ago 2
specultr
I'll take that as humorous criticism...but seriously... College and higher education is beneficial and has purpose. My point was to be open to new ideas and not settle on the mainstream status-quo. This is not a time for only being "technically correct" we need to re-think where we are and where we're headed. the old ways are not working - as is self evident. The world is in a mess of trouble and we better wake up to the big picture. By the way this vid is on par with reality, not faith
boosuff 3 years ago
"governmental robbery.. er... bailout plan"
I love it man, great stuff!
DavidThePatriot 3 years ago
im sick of these lyin' filthy thievin' leaches.
thirstybullet 3 years ago 3
Me too...
DavidThePatriot 3 years ago
give it up
saludgrind 3 years ago
Give up knowing how to properly do math? I don't think you fully understand the gravity of our situation. We are at financial terminal velocity. If you are too lazy to confirm and confront that fact, nobody's stopping you.
DavidThePatriot 3 years ago
0:51 My home!!
damagejackal10 3 years ago
"A sixth-grader should realize you can't borrow money to pay off your debt - yet that is
the Obama administration's answer for a stimulus package.."
lizolivit 3 years ago 3
Right on.
20 States are now fighting back by trying to declare SOVEREIGNTY! Write to your legislators and encourage them to do the same in yours!
lizolivit 3 years ago 3
if you really are along with such ideals then you should move out of this country... oh wait, you just wanna bitch
saludgrind 3 years ago
Actually you should move, because what we are saying is in the Constitution.
DavidThePatriot 3 years ago
declaring sovereignty is in the constitution... ha, dave you have no real idea what is going on considering you dad funds your bullshit ideas. O yeah and you have always gone against the grain even if it meant changing what you stood for. you always will and that is why only these neo-socialites will stand by your ideas... If they really understood the real you they would see your flaws
saludgrind 3 years ago
Dad funds ideas? What the f*** are you talking about Sean? My Dad hasn't given me anything but a Christmas present in almost a decade. 100 percent self made.. Oh Sean. Mr. Taco Bell Sleeping at Mom's at age 29 last I heard. Neo-Socialites? Wow... Just wow...
DavidThePatriot 3 years ago
The 10th Amendment to the Constitution reads as follows: The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.
DavidThePatriot 3 years ago
well i'll tell you what. you guys can believe all you want that the fucking Armageddon has arrived, but the states will stand together. If eight years of bush couldn't cause any states to annex then i doubt someone that truly is looking to better his country will.
saludgrind 3 years ago
You seem to think we want this... You also seem to think it's ok for the Federal government to overstep it's Constitutionally delineated bounds. You also think it's a great idea to slap another trillion on to a 50 trillion dollar obligation. You should not be trusted with a credit card...
DavidThePatriot 3 years ago
Comment removed
lizolivit 3 years ago
Wow.
Restoring sovereignty actually REVERSES some of Bush's crap legislation, dear.
Perhaps you should consider doing a LITTLE studying before spouting such absolute ignorance.
lizolivit 3 years ago 2
Dude, quit drinkin the Kool-Aid and learn yourself something about economics - or go find an argument you can actually win. :)
lizolivit 3 years ago 2
how could i win, when you all have the same crazy ideals, you have no faith and that shows in every bit of ignorance you guys spew. i'm glad that you guys continue to be the butt end of jokes by intelligent people with a bit of patience. O well continue to blindly lead your cattle to slaughter
saludgrind 3 years ago
No, you can't win because all this is rhetoric. There are no facts to back up anything you're saying. You're just another blind, salivating Obama follower, like the rest of his sheeple. Yes, your "intelligence"..?... is apparent.
lizolivit 3 years ago
Not that I think you'll actually do the work, but just for kicks - Google HR 645, and Rex 84. Look at Iceland, Ireland, Sri Lanka & elsewhere right now. Rioting and protesting. Martial law. It'll hit us eventually - the leading ECONOMISTS are saying it. Explain exactly how Peter Schiff is wrong, oh intelligent one. O.o
lizolivit 3 years ago 2
your right excuse me. enjoy and don't forget your guns:) cause the world is on the brink of extinction
saludgrind 3 years ago
you're a f*cking moron. I had to let you know. Patience? Crazy ideals? Spending money to get out of debt sounds pretty crazy to me. That doesn't sound crazy to you? You're a f*cking moron.
Cut your balls off so that you don't contaminate the world with another f*cking moron.
I'm a such a d!ck. ha ha.
EdMan2012 3 years ago 2
This comment has received too many negative votes show
well we all knew you were a dirty conservative... sometimes you have to take a step back to take two forward.
saludgrind 3 years ago