...and if you're worried about future inflation, the Fed can reduce the money supply as well as it can increase it. Reverse repurchase agreements, for example.
Jun 8, 2011 Bitcoin: Currency of Resistance Is Max Keiser also Satoshi Nakamoto ?...Creator of Bitcoin. YES...or maybe he isn't...I say he is til we know for sure., in my humble opinion...I think he's the only person who could have pulled it off with all his prior experience with the HSX ..
Future financial "experts" may be teaching classes on what destroyed the American middle class. Obviously, they will need a politically correct answer that protects the evil banksters, corporations (that moved the factories to China) and the political office holders (special interest owned whores). They will probably use something like "GLOBALIZATION LEFT AMERICA BEHIND" but no mention of the treasonous Americans that became filthy rich causing America's demise.
Future financial "experts" may be teaching classes on what destroyed the American middle class. Obviously, they will need a politically correct answer that protects the evil banksters, corporations (that moved the factories China) and the political office holders (special interest owned whores). They will probably use something like "GLOBALIZATION LEFT AMERICA BEHIND" but no mention of the treasonous Americans that became filthy rich causing America's demise.
Good thing russia and china are friends and that the only reason America has avoided becoming a third world country is because China hasnt called in its loans and transferred its treasury holdings to other treasuries...China is US biggest creditor thats why US is pissed they are trying to increase the value of the Yuan cos it deflates the US dollar..atm Aussie dollar buys 1.06 US dollars something unprecendeted...i believe in 5 years China will be the number one superpower
man not blaming yourself ,,but now it aal is russia s fault , ..and mean it .hahahahaha
if you wan;t to be Deceived so be deceived
what comes around goes aroundl.. .....
and stop wining like a baby because your own stability is crumling... because look at your backyard .. the fed , their interest etc etc , the earlier 800mlj that was a so called inject .. it simply say that your info is happy news not real info
The Russians want us to stop printing money because it hurts their economy not ours...
What about complaints from other countries that they’re suffering inflation because we’re printing too much money? (Vladimir Putin has gone so far as to accuse America of “hooliganism.”) The flip answer is, Not our problem, fellas.
That is my point. In the USA we do what is best for our economy, not what is best for the Russian economy.
@MaudsPas stupid idiot its worse for all especially for you since consumer prices go up, recourse prices have inflation too so you end paying the russians more for their gas
This is ridiculous. Sure Gacey was exceedingly evil and satanic, but it is insulting to that Gacey scumbag pervert's memory to compare him with Bernanke, who is exponentially more evil than any child molesting serial killer could ever be. Obviously Bernanke is Obama's boss, otherwise the purported president would certainly have Bernanke kidnapped, tortured in a "black site" and executed -- all under (somewhat unconstitutional) exective powers. Bernanke is the worst terrorist threat to the US!
@KURTHUCKE Racist. I guess now you don't like chinese either. You only have islamists left to namecall or denigrade. How could you have forgotten them. Burn any korans la\tely?
@KURTHUCKE BTW just look at this sentence of yours and see if it strikes you as being funny or is it just me. You said,"you really NO nothing and are the dumb one". That is a real knee slapper.
@KURTHUCKE Man, one thing for sure you do throw a good tantrum and one of the best ranters and whiners that I have seen on the net. Have you noticed that when people disagree with crackpot right wing fear mongers that said fear monger calls that person a sock puppet or a troll. Well gosh, that was you that did that , wasn't it. Try getting off your fat butt and doing something constructive instead of whining and complaining about your delusional view of the world. Vote Obama.
@KURTHUCKE Oh oh, we are trying something else are we? Who is Grammy Hall? Is that your racist grandmother? I see why you are like you are. Sad isn't it? I see the tantrum is continuing. You must have tears in your ears from lying on your back throwing this fit. Poor child. Canada does great, no housing crisis, our dollar is worth more than yours, we have gold and silver and oil too, life is wonderful. When you grow up, let me know, and I will sponsor you to come to Canada. I need a maid.
@KURTHUCKE I guess I win, you have turned into a whining child throwing a tantrum. What is the matter, did you not get enough attention as a child? Hey you came to me craving attention and I gave it to you. Be satisfied with that. Now go play in the street.
@KURTHUCKE Gold is currency is it? No it is not. My mother is 90 and can still kick your butt. Just because you are Fat and lazy, I guess that you have to take your frustration out on someone. Might as well try elder abuse eh? It doesn't work, but you keep right on trying.
@KURTHUCKE Sure you did, lol. Can we spell "delusional". LOL. I certainly am exposing you for the ignorant fool that you are. First you say you sold "one oz gold bars" (they must be tiny) and now you say you sold 220 Kruggerands. Now you show your true personality. Because you are losing to an old guy you call me an "obnoxious Heb". Are you racist too? I could also be a black homosexual. Do you want to rant about that too while you are telling me you sold a barrel ov silver? Kooooooky!
@KURTHUCKE Hmmmmmmmm we have here a real live mental case. This is a true gold scammer. Now you see what they really are like. Weird, fanatically religious, right wing and delusional. Send him money to help pay for therapy.
@KURTHUCKE If you want to investigate something, find out where Peter Schiff invests. I can tell you that a great deal is in Canadian resource stock, not gold bars. In other words, he invests where I invest. He also protects his $ by purchasing Canadian $. I have both Canadian and US$ and switch between the two. The exchange rate can fluctuate between .80 to 1.10. As I stated, investing directly in purrrrty yellow rocks is not very smart.
@KURTHUCKE BTW if per chance you do have yellow rocks, better get rid of it soon because the commodity boom will end very soon particularily for gold and silver and oil.
@KURTHUCKE You do not have any one oz gold bars. If you had gold bars for 12 years, you would have to pay for storage, security, tax, etc. Unlike stock you would earn no dividends for 12 years. The bars would depreciate as they sat doing nothing due to inflation. Then when you sell you would have to find someone to buy it. A dealer may give you 75% if you are lucky, and of course 28% goes to the government. Good luck dummy.
@KURTHUCKE I made more in my first 20 years in the workforce, all from IBM stock from 1967 during which besides the income, I was also in management and received stock at a discounted rate. I converted all my stock to Canadian real estate in 1988 and retired. Since then I do whaat I want and when I want to do it and invest in the correct stocks and I have always made a greater return than had I invested in yellow rocks. The stocks that I invest in are Canadian resource stocks.
@KURTHUCKE Typical yellow rock scammer. You are the one getting paid to scam innocent teabagger using fear tactics. Eventually your type always end up in prison. I am sure that your time is comming. I see from your first paragraph that you are a conspiracy theorist too. Are you a birther as well? A truther maybe? All I am telling you is 50% is a crap return. Besides, if I believed you, you would have to deduct storage, security and taxes, etc so what would that leave you, 0%?
@KURTHUCKE Hey, if you want to be a victim of the gold fraudsters, go right ahead. BTW that is why you have such a negative attitude, because you are a cult member. Fear mongers know how to build a following. The worst are the yellow rock scammers. The dollar for example is not toast, it is low compared to other currencies. Low is not toast. Did your gurus not tell you that yellow rocks would be $2000, $5000, $15000 SOON afew years ago. I wonder when SOON is. And you are still a believer. lol.
@KURTHUCKE I hate to tell you but 50% over 5 years is not a good return. I made 130% in the last year on stocks like Teck Corp and other Canadian resource stocks. Gold is a crap investment and then you have to decide how to keep it and when you want to sell noone will give you the value that you want for it. There is no double dip. Stop whining.
Keiser and his ilk are crazy right wing fear mongers and yellow rock scammers. They are the same ones that said there was going to be a double dip, that yellow rocks would go to $5000+, that the $ would collapse. Wonder when? 2047 maybe? It just irks them that B's plan to spend us out of recession is working so now they resort to stupidity as a method to criticise. Of course the gullible cult members lap it up. Whining, complaining and ridicule do nothing to solve problems but kooks love it.
@KURTHUCKE in other words, by law, american companies must accept the dollar as money and as a tradable good. Which means that if a company where to say "we don't take dollars we take gold coins" it would be illegal. Now, of course, the dollar has value only in the U.S. But since the U.S's economy is so massive people from all over the world buy dollars because they know that they can trade those dollars for goods and services -- by law. So if a company were to decline it, one could easily sue.
Ben Bernanke and all central bankers are modern-day versions of John Law. For those of you who aren't up on the history of fiat money and credit bubbles, serach Goolge for John Law and Mississippi Bubble. History doesn't exactly repeat, but it does tend to rhyme.
The bottom will fall out of metals as soon as the economy is on a strong footing,and future indicators are pointing in that direction. Gold is not liquid, people in fear think it will protect their money but it could drop 90%. When the economy starts producing investment opportunities gold will be cashed in and it will drop in value. I'm betting the drop will be substantial. Gold mining operations are producing gold at a cost of $400.00/Ounce so this ridiculous run to gold will fail eventually.
@Phalinex gold is very liquid. one of the most liquid assets there is. of course it will fall in value when the economy is on a sure footing, but when will that be, and at what price of gold....? a higher price of gold.
Money was still somewhat real with silver in circulation. It was taken away to escalate in Vietnam. Then gold was taken away by Nixon. I remember him always talking about escalating the war. He had to get rid of gold to continue the Ponzi Scheme of the Military, Industrial, Congressional Complex.
@rhayaderkite Bernanke saved America from falling into a depression by injecting capitol when the economy was collapsing in 2008. The economy is coming back to life. The fact is China is in trouble because their huge trade surpluses created by artificially lowering their currency values has created inflation. As costs of doing business in China and Japan continue to rise. America is becoming the best place to manufacture because of low inflation, food, housing, labor costs and spare capacity.
I just watched this whole episode. How the hell does Max let his expert get away with such a gross misrepresentation of what Kelnesianism, and a similarly absolutely dishonest set of statements based upon Friedman''s ideas? Surely Max doesn't want the ideas of Friedman to continue to spread with their inevitable disasterous consequences?
Since Keiser Herbert and Faber are popular internet personalities they are really cornered into a position where they have to placate the gullible masses who actually still believe or pay no heed to what Mr. Bernanke the puppet of the FED is doing. ROFLMMFAO. Suck it up bitchez!
@DHG707 On August 15, 1971, the United States unilaterally terminated convertibility of the dollar to gold. As a result, "[t]he Bretton Woods system officially ended and the dollar became fully 'fiat currency,' backed by nothing but the promise of the federal government."[1] This action, referred to as the Nixon shock, created the situation in which the United States dollar became the sole backing of currencies and a reserve currency for the member states.
@KURTHUCKE everything else, is subjective. The value of gold changes! So if our monetary system were to be backed by gold, [which right now it isn't and trust me is a good thing] then that means that our money could not appreciate or depreciate. So when times our bad, and the dollar does not decrease in value, our exports remain the same -- as opposed to increase. (when the dollar depreciates, exports go up because it is cheaper for other nations to buy things, since their currency is worth more
@DHG707 Let me first state that in my opinion you are bright. I think our perspective depends on the kind of world that we want. I am not big on material, excessive or exponential surface wealth. Like many people here, I had Silver jingling in my pocket until I was about 10 years old. We had Silver Certificates. The economy in 1963 and 1964 was booming. You many accept cheap crap from overseas. I am tired of returning almost everything made in China. Virtual products steal wealth.
@DHG707 No, the value of paper changes, not the value of gold. The reason that gasoline is high aside from the season is that the oil producing nations do not want our non-gold backed dollars. They will take them but only if we pay with much more of them. Once Nixon took us of gold in 1971 for international settlements, all hell broke loose in the oil markets. The exporting nations did not want our phony paper. They wanted gold. Read about Nixon ending gold settlement unilaterally.
@KURTHUCKE The purpose of banks is not only to hold money... its to lend it and to invest it. How do you think businesses get started? Not everyone has millions of dollars to invest in capital, land, production, one gets banks to make a loan, or to invest so one can start a business with hopes for profit in the future. Without banks our economy will become literally stagnant. On another note, gold and silver do not, by any means, in any way shape or form, have objective value. Their value, as
@DHG707 Banks can still exist and lend money but they have to be grounded with an anchor so that we do not have the phoney house of cards that we had. Gold is that anchor and has been used as one for thousands of years. If gold is so useless, why do central banks and even the Vatican own it? To date, it is the best anchor we know of to prevent exponential expansion of credit. I would take the economy that existed when I was 10 over this one any day. Money was still someone real with silver.
@KURTHUCKE Ok, I'm gonna try my hardest to not sound pompous or pretentious. But the main purpose of banks is to keep the economy moving. think about all the big purchases one makes: residence, college, car etc. Could anyone buy a $300,000 house right of the bat? sure... about 3% of the population. The average income does not give the opportunity to buy -- even a home sometimes! -- but banks give loans to borrowers so they can buy a house, and they pay it in the next whatever amount of years.
@DHG707 Builders and individuals can lend money also. I have to laugh at the concept of a $300,000 home. Back in 1975 I was looking at homes for about $17,000 dollars. Those homes now sell for about $350,000. You get the same house at the same inflation adjusted income levels. You really have not made a real gain. Yet, the I.R.S. says that you have made a gains and confiscates the reduced purchasing power of that money.
@marinello6 Hmm... I am not sure if you are right. The price of gold changes, just as the price of a house changes, think in the simplest terms: supply and demand. what happens if the demand of a good goes up? what happens if the demand for that good goes up dramatically? the value goes up, hence the price goes up. You still have the same purchasing power regarding everything else. But since the demand for that good went up, and thus causing the price to go up, the dollar is worth less relative
@DHG707 I did not mean to state that it is black or white. The amount of gold is relatively fixed. What changes more than the quantity of gold is the value of fiat. The dollar lost 15% of its value in the last year. One would expect gold to be more costly in fiat terms all other things being equal at 15% appreciation. See the article put out by the A.E.I. in January of 2003 titled "Gold and Deflation". Bernanke is doing exactly what Roosevelt did. Destroying Fiat Destroys Debt.
@marinello6 to that particular good; in this cause, gold or a house. The reason investors buy gold, or invest in gold, is because they want to a.) store value, or b.) make a profit. It is the most essential part of investing --- buy low --> sell high. When the Vatican, or banks buy gold, is because they suspect its value is going to remain the same, or go up. The same thing with real estate. Real estate is a form of investment, you buy a land, then wait to the price of the land to go up, then
@marinello6 OH, and sorry one more thing. When the dollar is backed by the government, that simply means, that buy law, any american company or individual must accept the dollar as currency. In other words, it would be illegal for anyone, or any company to not accept dollars. It is government enforced, that is what essentially means to be "backed by the government." So in the case of some one not accepting the dollar, and that someone being in america and american, one could simply sue them.
Bernanke, Blankfein, Geithner= Lethal Weapon 3...A Gripping Tale of Mayhem, Murder, and Mass Financial Destruction....Coming Soon to Every City & Town, From Moose Jaw Saskatchewan to Bum Fuck Libya.......
Listen.... if Bernanke and the federal government do not protect banks, and banks start to fail, a.) that will cause a financial panic, and cause people to withdraw their money from their banks 2.) this causes even more banks to fail 3.) the savings in the banks the failed would be lost... forever 4.) we would be at the same status as the great depression if not worse.
Your title is a little misleading. It should read "Ben Bernanke: Murderer of the Middle Class" and not "middle class murderer." Your title implies Bernanke is himself a member of the middle class and just incidentally also a murderer.
The problem is that they jump to the conclusion that the fed counterfeits money too. Its obvious they read off a teleprompter. The end was for show. People probably wont comprehend well enough to see how the fed counterfeits money, so these reporters look crazy. They should talk about how the fed is counterfeiting money and how that came to be instead of saying oh we should get rid of the fed reserve cus its counterfieting money as if theres not much more to the story.
So true, the Banksters have had plenty of practise ... as Zimbabwe and many others didnt know they were just an experiment so the banksters know what will happen and how to profit from hyper inflation misery. Hyper inflation strikes suddenly. We have already seen it in steel, one company I know had to renegotiate product prices EVERY MONTH due to rising steel prices in 2008 and 2009. No inflation ... central banksters are lying, murdering corrupt bar stewards.
Dont care anymore, fuck these assholes, Bernanke is a imf puppet. He dont work for you, wake up it doesnt matter. They want you to beleive all this matters and it doesnt. Just remember depopulation comes in many forms and that is still their plan, so no I dont care.
"Accept your slavery" is the point of view that all weak losers embrace, because it is easier that accepting responsibility for controlling your own destiny. Call no man master. Take control of your own life. And, fight to the death if need be.
Jeeze, these federal reserve (rah-rah!) commenters need to rush out and convert all assets into fed notes! Quick- before you miss out on some interest payments!
Jewish rat. That what Bernanke is. I'm glad his family got the hell outta my own country (look him up, his dad is from Ivano-Frankivsk, Ukraine. I live just a few miles from there in Ternopil Oblast).
Greenspan is smart enough, he should have known his little comment about the gold standard was a complete lie. Central banking happened way way before gold standard was ever revoked. Debt-based currency is the problem, fractional reserve lending is the problem, BANKING PRIVILEGE is the problem lol
Bernanke earned a PhD studying the causes and affects of the great depression. His knowledge of the economy is infinitely stronger than this nut sack. This clueless joker calls him a murderer because he lowered interest rates? This clown would have raised interest rates at a period of low inflation when 20 Americans can't find a job. I suppose that's the reason Bernanke is the Fed chairman and this idiot is twisting balloons like a clown.
oooooo a pro bernanke guy. You are a rare breed. But you are on the wrong side. I love his reason why he just printed millions and didn't even say where it went. He is a zionist jew shill.
@pretorious700 Moron, if you disagree with my assessment, it would be useful to explain your opposing position. Otherwise you've made a comment with no meaning and made it obvious to everyone that you're an idiot.
Cheap loans are no good in a climate of inflation. You borrow 1 million good money, you give 2 million inflated money back with a good money value of 1/2 million.
Best news I've heard all week! These people deserve exactly what they're getting. They asked for it and now they're getting it. I remember one quote, I can't remember who said it but the gist was the US workers were cossetted from economic reality and it was time they woke up and faced the facts.
Come on people. The finacial collaspe on Wall Street has only cost 4 times the predicted clean up cost in Japan after the earthquake/tsunami/nuclear disaster. The act of God using a combination of forces of nature, is nothing next to the acts of greedy banksters.
as thomas jefferson said if the american people ever allowed the banks to control the issuance of its currency that there family will wake up homeless on the the continent its founding fathers once conquered
@massivesovietunion That brown asshole obama is a threat to humanity with his financial & interests connections in the corporate establishment donations, connected to war machinary profits for imperial business colonisation as usual
"Over supply of housing" Yeah, do you think? 13% of houses in America are vacant. And the immigration rate is up, significantly.
In other words, overpopulation is a farce, for indoctrinated fools.
The banker bailout was not caused by people accepting bad loans. Obama had to bail out the banks, in order for the Banks to buy up those 13% of empty houses, so that people would not be getting housing...for basically nothing!
@400constantine Over population has nothing too do with space .. but its about consumption of resources like oil , food and even water. Simply put there is more and more people and less and less places that we get oil .. And every thing is dependent on oil prices .. With time prices of everything will goo up as the oil supplies go down.
Get a life buddy. Oil is the same scam as housing. At any moment we could have cars running on hydrogen or many other elements. Oil, is the same as housing, they need the prices to be up.
@400constantine You should get to reality .. Oil is not about only cars its about every plastic related product everyone has in their house .. USA drained most of their oil past WWII soo its not like its there for ever .. And also making change from oil to hydrogen would cost money and I don't think companies will do that untill they will profit from using oil based cars ..
@400constantine ""Over supply of housing" Yeah, do you think? 13% of houses in America are vacant. And the immigration rate is up, significantly.
In other words, overpopulation is a farce, for indoctrinated fools."
The homeless rate is up and there are many many people packing themselves into much smaller dwellings than by our housing standards, to try and survive.
The 13% housing vacancy rate is not so directly tied to whether we are or are not overpopulated, of course.
...and if you're worried about future inflation, the Fed can reduce the money supply as well as it can increase it. Reverse repurchase agreements, for example.
crazyguitarist57 1 month ago
This is completely incorrect. Inflation is currently extremely low. Far bellow what it was prior to the financial crisis and before Bernanke.
crazyguitarist57 1 month ago
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Jun 8, 2011 Bitcoin: Currency of Resistance Is Max Keiser also Satoshi Nakamoto ?...Creator of Bitcoin. YES...or maybe he isn't...I say he is til we know for sure., in my humble opinion...I think he's the only person who could have pulled it off with all his prior experience with the HSX ..
TheWhiteRose161718 1 month ago
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karimrakha 4 months ago
Future financial "experts" may be teaching classes on what destroyed the American middle class. Obviously, they will need a politically correct answer that protects the evil banksters, corporations (that moved the factories to China) and the political office holders (special interest owned whores). They will probably use something like "GLOBALIZATION LEFT AMERICA BEHIND" but no mention of the treasonous Americans that became filthy rich causing America's demise.
veniceit1 4 months ago
Future financial "experts" may be teaching classes on what destroyed the American middle class. Obviously, they will need a politically correct answer that protects the evil banksters, corporations (that moved the factories China) and the political office holders (special interest owned whores). They will probably use something like "GLOBALIZATION LEFT AMERICA BEHIND" but no mention of the treasonous Americans that became filthy rich causing America's demise.
veniceit1 4 months ago
Good thing russia and china are friends and that the only reason America has avoided becoming a third world country is because China hasnt called in its loans and transferred its treasury holdings to other treasuries...China is US biggest creditor thats why US is pissed they are trying to increase the value of the Yuan cos it deflates the US dollar..atm Aussie dollar buys 1.06 US dollars something unprecendeted...i believe in 5 years China will be the number one superpower
ValukaX 8 months ago
i am not even better for now , but i have never with a full aware mind , deceived myself and even believe it .. by blaming everybody else ,,,,
dennisjo88 9 months ago
man not blaming yourself ,,but now it aal is russia s fault , ..and mean it .hahahahaha
if you wan;t to be Deceived so be deceived
what comes around goes aroundl.. .....
and stop wining like a baby because your own stability is crumling... because look at your backyard .. the fed , their interest etc etc , the earlier 800mlj that was a so called inject .. it simply say that your info is happy news not real info
dennisjo88 9 months ago
The Russians want us to stop printing money because it hurts their economy not ours...
What about complaints from other countries that they’re suffering inflation because we’re printing too much money? (Vladimir Putin has gone so far as to accuse America of “hooliganism.”) The flip answer is, Not our problem, fellas.
That is my point. In the USA we do what is best for our economy, not what is best for the Russian economy.
MaudsPas 9 months ago
@MaudsPas stupid idiot its worse for all especially for you since consumer prices go up, recourse prices have inflation too so you end paying the russians more for their gas
meProudToBeCaucasian 4 months ago
This is ridiculous. Sure Gacey was exceedingly evil and satanic, but it is insulting to that Gacey scumbag pervert's memory to compare him with Bernanke, who is exponentially more evil than any child molesting serial killer could ever be. Obviously Bernanke is Obama's boss, otherwise the purported president would certainly have Bernanke kidnapped, tortured in a "black site" and executed -- all under (somewhat unconstitutional) exective powers. Bernanke is the worst terrorist threat to the US!
pkpapers 10 months ago
@pkpapers
dude, youre psycho
GnomesAmok 10 months ago
@KURTHUCKE You have become too borrrrrrrrrrrring (yawn) to respond to.
lizardgizard2002 10 months ago
@KURTHUCKE Racist. I guess now you don't like chinese either. You only have islamists left to namecall or denigrade. How could you have forgotten them. Burn any korans la\tely?
lizardgizard2002 10 months ago
@KURTHUCKE BTW just look at this sentence of yours and see if it strikes you as being funny or is it just me. You said,"you really NO nothing and are the dumb one". That is a real knee slapper.
lizardgizard2002 10 months ago
@KURTHUCKE Man, one thing for sure you do throw a good tantrum and one of the best ranters and whiners that I have seen on the net. Have you noticed that when people disagree with crackpot right wing fear mongers that said fear monger calls that person a sock puppet or a troll. Well gosh, that was you that did that , wasn't it. Try getting off your fat butt and doing something constructive instead of whining and complaining about your delusional view of the world. Vote Obama.
lizardgizard2002 10 months ago
@KURTHUCKE Don't be mad. Give up gracefully. You don't want your fellow gold scammers to know that you a poor loser, do ya?
lizardgizard2002 10 months ago
@KURTHUCKE Nannner Nannnner!
lizardgizard2002 10 months ago
@KURTHUCKE Oh oh, we are trying something else are we? Who is Grammy Hall? Is that your racist grandmother? I see why you are like you are. Sad isn't it? I see the tantrum is continuing. You must have tears in your ears from lying on your back throwing this fit. Poor child. Canada does great, no housing crisis, our dollar is worth more than yours, we have gold and silver and oil too, life is wonderful. When you grow up, let me know, and I will sponsor you to come to Canada. I need a maid.
lizardgizard2002 10 months ago
@KURTHUCKE I guess I win, you have turned into a whining child throwing a tantrum. What is the matter, did you not get enough attention as a child? Hey you came to me craving attention and I gave it to you. Be satisfied with that. Now go play in the street.
lizardgizard2002 10 months ago
@KURTHUCKE Gold is currency is it? No it is not. My mother is 90 and can still kick your butt. Just because you are Fat and lazy, I guess that you have to take your frustration out on someone. Might as well try elder abuse eh? It doesn't work, but you keep right on trying.
lizardgizard2002 10 months ago
@KURTHUCKE Sure you did, lol. Can we spell "delusional". LOL. I certainly am exposing you for the ignorant fool that you are. First you say you sold "one oz gold bars" (they must be tiny) and now you say you sold 220 Kruggerands. Now you show your true personality. Because you are losing to an old guy you call me an "obnoxious Heb". Are you racist too? I could also be a black homosexual. Do you want to rant about that too while you are telling me you sold a barrel ov silver? Kooooooky!
lizardgizard2002 10 months ago
@KURTHUCKE Why? I have made my fortune. You are still struggling. Too Bad, So sad.
lizardgizard2002 10 months ago
@KURTHUCKE US real estate is in the hole. Canadian real estate is still booming ding dong. What a mental case,
lizardgizard2002 10 months ago
@KURTHUCKE Hmmmmmmmm we have here a real live mental case. This is a true gold scammer. Now you see what they really are like. Weird, fanatically religious, right wing and delusional. Send him money to help pay for therapy.
lizardgizard2002 10 months ago
@KURTHUCKE If you want to investigate something, find out where Peter Schiff invests. I can tell you that a great deal is in Canadian resource stock, not gold bars. In other words, he invests where I invest. He also protects his $ by purchasing Canadian $. I have both Canadian and US$ and switch between the two. The exchange rate can fluctuate between .80 to 1.10. As I stated, investing directly in purrrrty yellow rocks is not very smart.
lizardgizard2002 10 months ago
@KURTHUCKE Now that is intelligent. Is that approved teabagger language.
lizardgizard2002 10 months ago
@KURTHUCKE BTW if per chance you do have yellow rocks, better get rid of it soon because the commodity boom will end very soon particularily for gold and silver and oil.
lizardgizard2002 10 months ago
@KURTHUCKE You do not have any one oz gold bars. If you had gold bars for 12 years, you would have to pay for storage, security, tax, etc. Unlike stock you would earn no dividends for 12 years. The bars would depreciate as they sat doing nothing due to inflation. Then when you sell you would have to find someone to buy it. A dealer may give you 75% if you are lucky, and of course 28% goes to the government. Good luck dummy.
lizardgizard2002 10 months ago
@KURTHUCKE I made more in my first 20 years in the workforce, all from IBM stock from 1967 during which besides the income, I was also in management and received stock at a discounted rate. I converted all my stock to Canadian real estate in 1988 and retired. Since then I do whaat I want and when I want to do it and invest in the correct stocks and I have always made a greater return than had I invested in yellow rocks. The stocks that I invest in are Canadian resource stocks.
lizardgizard2002 10 months ago
@KURTHUCKE Typical yellow rock scammer. You are the one getting paid to scam innocent teabagger using fear tactics. Eventually your type always end up in prison. I am sure that your time is comming. I see from your first paragraph that you are a conspiracy theorist too. Are you a birther as well? A truther maybe? All I am telling you is 50% is a crap return. Besides, if I believed you, you would have to deduct storage, security and taxes, etc so what would that leave you, 0%?
lizardgizard2002 10 months ago
she look alot like Laura Bush !
GlenStorageCenter 10 months ago
the women look alot like predent bush wife
GlenStorageCenter 10 months ago
@KURTHUCKE Hey, if you want to be a victim of the gold fraudsters, go right ahead. BTW that is why you have such a negative attitude, because you are a cult member. Fear mongers know how to build a following. The worst are the yellow rock scammers. The dollar for example is not toast, it is low compared to other currencies. Low is not toast. Did your gurus not tell you that yellow rocks would be $2000, $5000, $15000 SOON afew years ago. I wonder when SOON is. And you are still a believer. lol.
lizardgizard2002 10 months ago
@KURTHUCKE I hate to tell you but 50% over 5 years is not a good return. I made 130% in the last year on stocks like Teck Corp and other Canadian resource stocks. Gold is a crap investment and then you have to decide how to keep it and when you want to sell noone will give you the value that you want for it. There is no double dip. Stop whining.
lizardgizard2002 10 months ago
They want to make the US a third world economy where there is only very Rich and very poor, they are killing the middle class.
videotitan1 10 months ago
Keiser and his ilk are crazy right wing fear mongers and yellow rock scammers. They are the same ones that said there was going to be a double dip, that yellow rocks would go to $5000+, that the $ would collapse. Wonder when? 2047 maybe? It just irks them that B's plan to spend us out of recession is working so now they resort to stupidity as a method to criticise. Of course the gullible cult members lap it up. Whining, complaining and ridicule do nothing to solve problems but kooks love it.
lizardgizard2002 10 months ago
silver!
PatricksTime 10 months ago
@KURTHUCKE in other words, by law, american companies must accept the dollar as money and as a tradable good. Which means that if a company where to say "we don't take dollars we take gold coins" it would be illegal. Now, of course, the dollar has value only in the U.S. But since the U.S's economy is so massive people from all over the world buy dollars because they know that they can trade those dollars for goods and services -- by law. So if a company were to decline it, one could easily sue.
DHG707 10 months ago
Ben Bernanke and all central bankers are modern-day versions of John Law. For those of you who aren't up on the history of fiat money and credit bubbles, serach Goolge for John Law and Mississippi Bubble. History doesn't exactly repeat, but it does tend to rhyme.
joepeeler34 10 months ago
man she looks good today! what a milf
Cinemaguy2007 10 months ago
The bottom will fall out of metals as soon as the economy is on a strong footing,and future indicators are pointing in that direction. Gold is not liquid, people in fear think it will protect their money but it could drop 90%. When the economy starts producing investment opportunities gold will be cashed in and it will drop in value. I'm betting the drop will be substantial. Gold mining operations are producing gold at a cost of $400.00/Ounce so this ridiculous run to gold will fail eventually.
Phalinex 10 months ago
@Phalinex gold is very liquid. one of the most liquid assets there is. of course it will fall in value when the economy is on a sure footing, but when will that be, and at what price of gold....? a higher price of gold.
timmyhassett 10 months ago
@rhayaderkite That is my dream.
marinello6 10 months ago
Money was still somewhat real with silver in circulation. It was taken away to escalate in Vietnam. Then gold was taken away by Nixon. I remember him always talking about escalating the war. He had to get rid of gold to continue the Ponzi Scheme of the Military, Industrial, Congressional Complex.
marinello6 10 months ago
@rhayaderkite Bernanke saved America from falling into a depression by injecting capitol when the economy was collapsing in 2008. The economy is coming back to life. The fact is China is in trouble because their huge trade surpluses created by artificially lowering their currency values has created inflation. As costs of doing business in China and Japan continue to rise. America is becoming the best place to manufacture because of low inflation, food, housing, labor costs and spare capacity.
Phalinex 10 months ago
I just watched this whole episode. How the hell does Max let his expert get away with such a gross misrepresentation of what Kelnesianism, and a similarly absolutely dishonest set of statements based upon Friedman''s ideas? Surely Max doesn't want the ideas of Friedman to continue to spread with their inevitable disasterous consequences?
RobertHartlepool 10 months ago
Since Keiser Herbert and Faber are popular internet personalities they are really cornered into a position where they have to placate the gullible masses who actually still believe or pay no heed to what Mr. Bernanke the puppet of the FED is doing. ROFLMMFAO. Suck it up bitchez!
drewzillasaurusrex 10 months ago
interest rates have gone up in europe, and will probably go up in uk next meeting
chongma 10 months ago
Props to the Props!
onedollarwill 10 months ago
@KURTHUCKE relative to the dollar.
DHG707 10 months ago
@DHG707 On August 15, 1971, the United States unilaterally terminated convertibility of the dollar to gold. As a result, "[t]he Bretton Woods system officially ended and the dollar became fully 'fiat currency,' backed by nothing but the promise of the federal government."[1] This action, referred to as the Nixon shock, created the situation in which the United States dollar became the sole backing of currencies and a reserve currency for the member states.
marinello6 10 months ago
@KURTHUCKE everything else, is subjective. The value of gold changes! So if our monetary system were to be backed by gold, [which right now it isn't and trust me is a good thing] then that means that our money could not appreciate or depreciate. So when times our bad, and the dollar does not decrease in value, our exports remain the same -- as opposed to increase. (when the dollar depreciates, exports go up because it is cheaper for other nations to buy things, since their currency is worth more
DHG707 10 months ago
@DHG707 Let me first state that in my opinion you are bright. I think our perspective depends on the kind of world that we want. I am not big on material, excessive or exponential surface wealth. Like many people here, I had Silver jingling in my pocket until I was about 10 years old. We had Silver Certificates. The economy in 1963 and 1964 was booming. You many accept cheap crap from overseas. I am tired of returning almost everything made in China. Virtual products steal wealth.
marinello6 10 months ago
@DHG707 No, the value of paper changes, not the value of gold. The reason that gasoline is high aside from the season is that the oil producing nations do not want our non-gold backed dollars. They will take them but only if we pay with much more of them. Once Nixon took us of gold in 1971 for international settlements, all hell broke loose in the oil markets. The exporting nations did not want our phony paper. They wanted gold. Read about Nixon ending gold settlement unilaterally.
marinello6 10 months ago
@KURTHUCKE The purpose of banks is not only to hold money... its to lend it and to invest it. How do you think businesses get started? Not everyone has millions of dollars to invest in capital, land, production, one gets banks to make a loan, or to invest so one can start a business with hopes for profit in the future. Without banks our economy will become literally stagnant. On another note, gold and silver do not, by any means, in any way shape or form, have objective value. Their value, as
DHG707 10 months ago
@DHG707 Banks can still exist and lend money but they have to be grounded with an anchor so that we do not have the phoney house of cards that we had. Gold is that anchor and has been used as one for thousands of years. If gold is so useless, why do central banks and even the Vatican own it? To date, it is the best anchor we know of to prevent exponential expansion of credit. I would take the economy that existed when I was 10 over this one any day. Money was still someone real with silver.
marinello6 10 months ago
@69aznbol I guess you missed the part where they explained that money should be backed by gold.
deadrepublicantv 10 months ago
@KURTHUCKE Ok, I'm gonna try my hardest to not sound pompous or pretentious. But the main purpose of banks is to keep the economy moving. think about all the big purchases one makes: residence, college, car etc. Could anyone buy a $300,000 house right of the bat? sure... about 3% of the population. The average income does not give the opportunity to buy -- even a home sometimes! -- but banks give loans to borrowers so they can buy a house, and they pay it in the next whatever amount of years.
DHG707 10 months ago
@DHG707 Builders and individuals can lend money also. I have to laugh at the concept of a $300,000 home. Back in 1975 I was looking at homes for about $17,000 dollars. Those homes now sell for about $350,000. You get the same house at the same inflation adjusted income levels. You really have not made a real gain. Yet, the I.R.S. says that you have made a gains and confiscates the reduced purchasing power of that money.
It is all a poorly thought out scam by academics.
marinello6 10 months ago
@marinello6 Hmm... I am not sure if you are right. The price of gold changes, just as the price of a house changes, think in the simplest terms: supply and demand. what happens if the demand of a good goes up? what happens if the demand for that good goes up dramatically? the value goes up, hence the price goes up. You still have the same purchasing power regarding everything else. But since the demand for that good went up, and thus causing the price to go up, the dollar is worth less relative
DHG707 10 months ago
@DHG707 I did not mean to state that it is black or white. The amount of gold is relatively fixed. What changes more than the quantity of gold is the value of fiat. The dollar lost 15% of its value in the last year. One would expect gold to be more costly in fiat terms all other things being equal at 15% appreciation. See the article put out by the A.E.I. in January of 2003 titled "Gold and Deflation". Bernanke is doing exactly what Roosevelt did. Destroying Fiat Destroys Debt.
marinello6 10 months ago
@marinello6 to that particular good; in this cause, gold or a house. The reason investors buy gold, or invest in gold, is because they want to a.) store value, or b.) make a profit. It is the most essential part of investing --- buy low --> sell high. When the Vatican, or banks buy gold, is because they suspect its value is going to remain the same, or go up. The same thing with real estate. Real estate is a form of investment, you buy a land, then wait to the price of the land to go up, then
DHG707 10 months ago
@marinello6 you sell it.
DHG707 10 months ago
@marinello6 OH, and sorry one more thing. When the dollar is backed by the government, that simply means, that buy law, any american company or individual must accept the dollar as currency. In other words, it would be illegal for anyone, or any company to not accept dollars. It is government enforced, that is what essentially means to be "backed by the government." So in the case of some one not accepting the dollar, and that someone being in america and american, one could simply sue them.
DHG707 10 months ago
@DHG707 Thank you for the detail.
marinello6 10 months ago
I'm in love with Stacy. If Max doesn't put a ring on it, I will!
deadrepublicantv 10 months ago
Bernanke, Blankfein, Geithner= Lethal Weapon 3...A Gripping Tale of Mayhem, Murder, and Mass Financial Destruction....Coming Soon to Every City & Town, From Moose Jaw Saskatchewan to Bum Fuck Libya.......
CelticBadBoyPoet7 10 months ago
@SunbeltRyders..... Max is better than the daily show
NonRace 10 months ago
"Who do we make the check out to"? - Max Keiser
newbutthunt 10 months ago
Listen.... if Bernanke and the federal government do not protect banks, and banks start to fail, a.) that will cause a financial panic, and cause people to withdraw their money from their banks 2.) this causes even more banks to fail 3.) the savings in the banks the failed would be lost... forever 4.) we would be at the same status as the great depression if not worse.
This video is stupid...
DHG707 10 months ago
@cardone I thought the same thing.
anewtattoobynancy1 10 months ago
Your title is a little misleading. It should read "Ben Bernanke: Murderer of the Middle Class" and not "middle class murderer." Your title implies Bernanke is himself a member of the middle class and just incidentally also a murderer.
cardone7 10 months ago
Nilla fuck the Feds!
LilSpankey93 10 months ago
The Fed needs to be murdered
aaronjason0404 10 months ago
the Us goverment know theses facts why do they persist . O i know the Usa holocaust they blame israel ,,,and disposes of the Dewish problem
OrphanPaper 10 months ago
Wtf did I just watch.. are they trying to be the Daily Show?
SunbeltRyders 10 months ago
Hilarious.............Max is awesome
UnderCover4Liberty 10 months ago
The problem is that they jump to the conclusion that the fed counterfeits money too. Its obvious they read off a teleprompter. The end was for show. People probably wont comprehend well enough to see how the fed counterfeits money, so these reporters look crazy. They should talk about how the fed is counterfeiting money and how that came to be instead of saying oh we should get rid of the fed reserve cus its counterfieting money as if theres not much more to the story.
69aznboi 10 months ago
lol good show :P
YouTheory 10 months ago
nice.
evangrogers 10 months ago
So true, the Banksters have had plenty of practise ... as Zimbabwe and many others didnt know they were just an experiment so the banksters know what will happen and how to profit from hyper inflation misery. Hyper inflation strikes suddenly. We have already seen it in steel, one company I know had to renegotiate product prices EVERY MONTH due to rising steel prices in 2008 and 2009. No inflation ... central banksters are lying, murdering corrupt bar stewards.
daviddalbylive 10 months ago
Dont care anymore, fuck these assholes, Bernanke is a imf puppet. He dont work for you, wake up it doesnt matter. They want you to beleive all this matters and it doesnt. Just remember depopulation comes in many forms and that is still their plan, so no I dont care.
makeitallrite11 10 months ago
haha funny, but still no one really does shit.
MrOppsadoozy 10 months ago 3
The best financial show on the planet!
SvrchovaneCechy 10 months ago
Murdered the MIDDLE CLASS
What about the USD, it is going down the drain
racenemo 10 months ago
watch?v=Li8kwvW1BK8
studioXforum 10 months ago
@TheSpeckofdust
"Accept your slavery" is the point of view that all weak losers embrace, because it is easier that accepting responsibility for controlling your own destiny. Call no man master. Take control of your own life. And, fight to the death if need be.
JobsAreSlavery 10 months ago
The Fed is true representation of EVIL!
topthickproducer 10 months ago
Max .. you are awesome.....
SanchezFam420 10 months ago
i hate to ask this here but;
is alan greenspan a real person, or is he a fictional character made up by the FED?
ProthoPectore 10 months ago
all politicians and their huge cash bonus; easy private sector jobs with a super high salary (after their political life)
utoostrict 10 months ago
I've been MURDERED?!
Guess I won't be needing the house anymore.
What an Idiot
SalemStorm 10 months ago
@TheSpeckofdust
Bernanke is part of the equation why this economy is collapsing.
dragnet53 10 months ago
if you bake donutz
they will eat them
chena3 10 months ago
Jeeze, these federal reserve (rah-rah!) commenters need to rush out and convert all assets into fed notes! Quick- before you miss out on some interest payments!
topsham69 10 months ago
4 Satanists - Bernanke, Queen of England, Rothschild, and Rockefeller dislike what Max has to say!
XxTheTimeIsNOWxX 10 months ago
Looking good Stacy.
MrAvalanche2004 10 months ago
That comment was worth 1 Million - Indian Paise - or $2.30 - I knew I should have used a calculator
OghamTheBold 10 months ago
Jewish rat. That what Bernanke is. I'm glad his family got the hell outta my own country (look him up, his dad is from Ivano-Frankivsk, Ukraine. I live just a few miles from there in Ternopil Oblast).
Slavko961234 10 months ago
Greenspan is smart enough, he should have known his little comment about the gold standard was a complete lie. Central banking happened way way before gold standard was ever revoked. Debt-based currency is the problem, fractional reserve lending is the problem, BANKING PRIVILEGE is the problem lol
etzel33 10 months ago
This has been flagged as spam show
END THE FED go Max Keiser wow
82816a1 10 months ago
Bernanke earned a PhD studying the causes and affects of the great depression. His knowledge of the economy is infinitely stronger than this nut sack. This clueless joker calls him a murderer because he lowered interest rates? This clown would have raised interest rates at a period of low inflation when 20 Americans can't find a job. I suppose that's the reason Bernanke is the Fed chairman and this idiot is twisting balloons like a clown.
Phalinex 10 months ago
@Phalinex
oooooo a pro bernanke guy. You are a rare breed. But you are on the wrong side. I love his reason why he just printed millions and didn't even say where it went. He is a zionist jew shill.
dragnet53 10 months ago
@Phalinex You may be the dumbest ass on youtube, quite an accomplishment.
pretorious700 10 months ago
@pretorious700 Moron, if you disagree with my assessment, it would be useful to explain your opposing position. Otherwise you've made a comment with no meaning and made it obvious to everyone that you're an idiot.
Phalinex 10 months ago
@Phalinex this is tru...
rcacad 10 months ago
June - India abolishes their - 1 Paisa coin - which I just read is like a Cent is 100 th part of their - Rupee
Except a Paisa must be worth $ 0.00023 - I think - that's got to be wrong - it can't be worth 0.2 thousandth of a US Cent
OghamTheBold 10 months ago
Cheap loans are only good for making nogoods very rich while people who worked all their life are robbed by inflation.
envanje 10 months ago
that sexy lady is sooooo damn fine
Jaysin5506 10 months ago
This is bogus.... Didn't this guy do a ponzi scheme, what does the bank have to do it?
MrAvalanche2004 10 months ago
This has been flagged as spam show
Faber is not completely wrong.
envanje 10 months ago
Nothing as good as gold, except for perhaps silver?
gibbo675 10 months ago
Cheap loans are no good in a climate of inflation. You borrow 1 million good money, you give 2 million inflated money back with a good money value of 1/2 million.
envanje 10 months ago
bernake should be executed for crimes against humanity
MrMentllet 10 months ago 7
Keiser Report = most important show on the planet. Full stop.
unterguggenberger84 10 months ago
Best news I've heard all week! These people deserve exactly what they're getting. They asked for it and now they're getting it. I remember one quote, I can't remember who said it but the gist was the US workers were cossetted from economic reality and it was time they woke up and faced the facts.
colourmegone 10 months ago
HANG HIM HIGH!
cashmny78 10 months ago
jimmy falon got old...
delta2131 10 months ago
They have started using the phrase CASINO banking on the BBC.Not in a good way.
express375 10 months ago
Don't do that - reminds me of glen beck (ris) - ris =rest in shit
justonefirefly1 10 months ago
3:03 lol awesome :)
but this world situation is actually not funny :)
RealNarod28 10 months ago 38
He's not just murdering the middle class but also millions of impoverished people in 3rd and 4th world countries.
BMWg84 10 months ago 2
Nothing but the truth....END THE FED....Ron Paul for President!!!!
jlgallardo 10 months ago
Stacy flinched ! Cute.. Are Max and her an item? They should be.. They look good together :)
amrans 10 months ago
@amrans, no there just friends
dadhadit 10 months ago
Who and why in the hell did someone thumb this down? It must have been Benanke or Geithner!
slhines7 10 months ago
There's nothing as good as gold than gold.
Except maybe watching Max and Stacy.
See you tomorrow!
Peas.
AceHoale 10 months ago
Come on people. The finacial collaspe on Wall Street has only cost 4 times the predicted clean up cost in Japan after the earthquake/tsunami/nuclear disaster. The act of God using a combination of forces of nature, is nothing next to the acts of greedy banksters.
bloodandwinearered 10 months ago
People who use trend analysis - I can see them
Betting right now - Max's next episode guest will be riding - a unicycle
OghamTheBold 10 months ago
can't wait for tomorrow's episode!
tigerlee1106 10 months ago
Wow that last bit was... interesting.
ahpek26 10 months ago
HAHAH this is a classic episode
dreamtime182 10 months ago
Get this guy a comedy show
YTJimmyMelcher 10 months ago
as thomas jefferson said if the american people ever allowed the banks to control the issuance of its currency that there family will wake up homeless on the the continent its founding fathers once conquered
wilddixieman 10 months ago
The Mafia's of the world are in AWE of the extortion by Federal Reserve !
RenegadeTimes 10 months ago
I love the props. Props to the props.
U2Berror 10 months ago
ALARM!
USA/UK TERRORIST SCUM made a terrorist act in MINSK METRO (BELARUS).
Notice, that Belarus doesn't have any so-called "rebels, who want to become independent".
But the problem is that World has CANCER - anti-human states: USA /UK!
The same terrorist act was made in Moscow year ago, by so-called "rebels" from al-CIAda (financed by USA and UK scum).
This is how USA and UK subhumans acting against Russia/Belarus/Ukraine/Kazakhastan.
And to spoil 12th April (Yuri Gagarin-50)!
IgorVasilevskii 10 months ago
To the point as ever Max and Stacy-fantastic.Why do I have to come to RT to find such insight,you certainly don't see it on the BBC here in England?
justjacqueline2004 10 months ago
@justjacqueline2004 Dig deeper and you will know why :)
Because they telling the truth, BBC is telling... well, SHIT.
RealNarod28 10 months ago
American President isn't Christian ...
He doesn't worship Jesus ...
He worships Ben Bernanke ..
His holy place is the Federal reserves ...
I am talking about Bush/Obama/Biden and so on ....
massivesovietunion 10 months ago 3
@massivesovietunion That brown asshole obama is a threat to humanity with his financial & interests connections in the corporate establishment donations, connected to war machinary profits for imperial business colonisation as usual
dreamtime182 10 months ago
Bernanke must go.
Bearlizard777 10 months ago
end the fed!!!!!!!!!!
GodAthie 10 months ago
"Over supply of housing" Yeah, do you think? 13% of houses in America are vacant. And the immigration rate is up, significantly.
In other words, overpopulation is a farce, for indoctrinated fools.
The banker bailout was not caused by people accepting bad loans. Obama had to bail out the banks, in order for the Banks to buy up those 13% of empty houses, so that people would not be getting housing...for basically nothing!
400constantine 10 months ago 22
@400constantine Over population has nothing too do with space .. but its about consumption of resources like oil , food and even water. Simply put there is more and more people and less and less places that we get oil .. And every thing is dependent on oil prices .. With time prices of everything will goo up as the oil supplies go down.
resistanceunion 10 months ago
@resistanceunion
Get a life buddy. Oil is the same scam as housing. At any moment we could have cars running on hydrogen or many other elements. Oil, is the same as housing, they need the prices to be up.
400constantine 10 months ago
@400constantine You should get to reality .. Oil is not about only cars its about every plastic related product everyone has in their house .. USA drained most of their oil past WWII soo its not like its there for ever .. And also making change from oil to hydrogen would cost money and I don't think companies will do that untill they will profit from using oil based cars ..
resistanceunion 10 months ago
@resistanceunion
Oil makes evil men rich. End of story. Think of it this way:
The Volkswagen Beetle cam out in 1938. It got about 25 miles to a gallon.
1938! And to this day we have not come out with a better car.
It is 2011 and we brag about disposable cars that get 25 mpg!
The entire industry is a joke.
Here is another thought for you.
Instead of making replica Camaro's and such. How about just bring back the ORIGINAL?
Because the last too long, and people can work on them...
400constantine 10 months ago
@400constantine ""Over supply of housing" Yeah, do you think? 13% of houses in America are vacant. And the immigration rate is up, significantly.
In other words, overpopulation is a farce, for indoctrinated fools."
The homeless rate is up and there are many many people packing themselves into much smaller dwellings than by our housing standards, to try and survive.
The 13% housing vacancy rate is not so directly tied to whether we are or are not overpopulated, of course.
REBDOBATE 10 months ago
@400constantine Well said!!!!
pepintheshort100 10 months ago
IM BAD ASS
sgtCbb 10 months ago
Mr. Fabre doesn't pull any punches does he? Nope, and his insight is among the Best in the world financially speaking.
yaahme 10 months ago
PHD educated Ivy League intellectuals don't care about some broke ass family in Indiana.
pretorious700 10 months ago