U.S. needs to cease the war. It's so dumb spending trillions of trillions dollars to war!! What we really get after we win it? Proudness!! ha... idiot!! Decreasing taxes will boost our economy as well- people will have more money to spend for, and for business owners, they could flourish their businesses. What's wrong with our foolish government!!!
I think everybody in the U.S. or the world for this matter, should be required to take a money management or economy class, so they understand the facts before they start spouting off pure ignorance. It's amazing how many people in this country operate off of pure ignorant information.
strong 'real estate net worth' -- the idea of a shrinking middle class is a joke -- see how wrong the mainstream view has been!
THE RISE OF THE PEOPLE -- f**k money. Food for farming with free housing and we can focus on dealing with the environmental/consumption issues. Sorry, no more white picket fences and 24/7 centralized heating. No time for I told you so. Get out in the community and organize, organize, organize!
The way Earthquake affected people afraid of their cracked walls & roofs to be falling on them are sitting under the open sky in the chilled cold, similarly the US investors afraid of declining economy are not investing any more in the collapsed US financial crisis scared of their investments to distort in the worst way, thus making the US economy balloon burst altogether. 3:54 And (the unbelievers) plotted and planned, and Allah too planned, and the best of planners is Allah.
This is about the same situation Pakistan is passing thru. Countrys economy is being loaned/sold @ the rate of a common mans life leading to anxiety & flux in all departments of life ensuing in no-investment crisis & every new govt blaming the past for all the hazards & again taking its hands out to beg for more loans. The country is being sold out eventually by parts, with disorder, joblessness, fake inflation, injustice & hypocrisy as the main issues resulting in anarchy & suicide bombing,
Personally, I blame the fucking Bush Administration for the cause of our crumbling economy. If they weren't so stupid and started this bullshit war that has been bankrupting this country for years now, we wouldn't be in this situation. Millions of our hard earned money has been sent to fund this fucked up war that we, the people, never wanted, and this asshole administration hasn't taken any responsibility or accountability for it. How stupid are we, the American people, to elect such a person?
Paper money, funny money, it's a federal trick without a treat. It's the source of all inflation, and the reasons why your ends don't meet. Paper money, bogus money, it's been proven through out history, It deceives you, while it bleeds you, as it leads you down to tyranny. Paper money, worthless money, it's a nation's curse since times of old. Things won't ever get no better, till we make the Fed give back our gold.
6/28/08 - Fortis expects a complete collapse of the US financial markets within a few days to weeks. That explains, according to Fortis, the series of interventions of last Thursday to retrieve € 8 billion. "We have been saved just in time. The situation in the US is much worse than we thought", says Fortis chairman Maurice Lippens. Fortis expects bankruptcies amongst 6000 American banks which have a small coverage currently. Also Citigroup, General Motors; there's a complete meltdown in US"
you can't pay for guns (Iraq war) and butter (domestic spending) by cutting taxes on the richest 5% of Americans...Bush screwed you and your children all you Republicans and so called Independents in 2000 and 2004...you can turn a blind eye until you're financial demise. You think those rich with their tax cuts will trickle down their wealth to you then...and without welfare and social security you are screwed...but its ok because their against abortion right?
"Massive negativity is causing the slowdown" What a moron, must also be a lobbyist for other morons too. Did you ever get the feeling that CNBC is chock full of morons. There is the king of morons in the whitehouse and morons all over Washington D.C. And the other morons that report moronic facts as in New York Times. Lets see; morons in the press, the whitehouse, majority morons in both house and senate, morons on t.v. "There coming to get you Barbera" We need RP now, the only antidote
We here in the u.s. only seem to have more but the truth is we have more debt. Someday this lifestyle will end abruptly and living within our means will be the reality.
"Massive negativity is the cause of the problem" - That Jack guy is real sharp; what a smart guy. Wow. Lets see more of him, because American's are just so negative... Get the hook and hang this meat to dry. Next please.
If you look at our 13 trillion dollar economy and compare it to a chart of inflation since the establishment of the central banking institution in what ?1913?, you will see that since 9/11 the inflation has skyrocketed more than any other time in US history. The stock market is doing well but the slaves that drive the economy are being screwed more and more.
when there are wars the government must borrow more money from the federal reserve. When they do this the federal reserve must print more money. When they do this our money becomes worth less and less the longer the war goes on. The reason why prices are going out of control is bc the companies that our money is worth less but their product is worth the same, so they must increase the price on the product to cover the inflation.
"The economy isn't that bad, critics just have a negative outlook"
Hint-when you are filthy rich, like everyone in Washington and on CSPAN who say that our economy is just fine and dandy, you'll have a positive outlook.
I thinking it's just standard procedure for these news segments to cause confusion. I understand giving both sides of an argument, but is there not some way to keep these guys from talking over eachother. Two guys jousting over an issue just leaves the public in a continual pendulum from side to side. What ever happened to calm intellectual discussion? Present your supporting facts sir and please step aside for opposing ideas. Instead, we're left wondering who's still left in the saddle.
some say if the us catches a cold, then the rest of the world catches a cold! but make no mistake the chinese can live well with only earning cents on the dollars could you? the mexicans can live making 5 bucks a day could you? but if you still don't get it, then keep dreaming. if you supported george's bush war and policies you are guilthy! of what's coming ahead. 9/11 is a lie how you know it, everithing is being set up this way so you contribute to the new changes that afect everyone1!!!!!!!!
"Jack Burkman" the dickhead on the left with dark hair!
Bill Clinton handed down his presidency to Bush's family in a budget surplus. Since then, it took Bush Senior & Bush Junior to fucked up the economy in a very short time !
Bush has been the biggest disappoint to me than any President ever, before you re-comment , I voted for him...it was a big waste of time to wait as long I did to cast a vote....should of listened to my friends.
hahahaaa i hope this jack burkman has looked back on video and saw what a fucking jackass he is and he knows fucking nothing, as of this date the housing market is crashing the stock market is crashing the dollar is crashing everything he said is wrong ,,your a jackass jack your a joke..
The $800 tax rebate is like the Rich Guru throwing the kids quarters to those fathers and mothers losing their homes because Congress committed treason to the citizens allowing this situation to happen.
BRAC, 911, Economic, Immigration Treason and they don't see the Gallows coming.
If the economy is doing so well, why are so many people in foreclosure? If the economy is doing so well, why are bankruptcies at an all time high? Why are credit card defaults up? Why are he and the Congress trying to "stimulate" the economy? If you want to give President Bush "credit" for something, give him credit for destroying our economy! Vote Ron Paul 2008!!!
Wow. The bald dude knows what he is talking about. The other slick willy guy is just a two faced liar corporate tool blowing smoke up everyone's butts, trying to portray a fantasy candyland type of the reality currently facing the overwhelming majority of american's.
The only solution to protect the ordinary citizen from the speculative bubble of wall street, is Lyndon LaRouches "Homeowners and Bank Protection Act" Go to LaRouchepacdotcom and ask the youth movement what you can do to help.
What a liar, the war isn't costing us very much, so laughable. I know quite a few middle class people being middle class myself and most of the are struggling. Those who aren't work 24/7 and try not to spend anything. Emphasis on working 24/7. And even those people are fucked because the value of the dollar is going so low and the economy will crash eventually.
An almost a year later an m3 number shows 18+% rate of inflation. Don't believe the CPI. The Fed will keep printing new money trying to save the economy due to housing bubble burst or 'credit crunch'.
We are unofficially in experiencing mild hyper-inflation, and the dollar threatens to crash. This will cause a severe recession and hyper price inflation. The only presidential candidate who deeply understands the economy is Ron Paul.
hahahaha Iraq war not costing much?? Wow.what a dumb ass. I love it how he tries to justify a good economy by how many millionaires there are. The average American spends 125%. With a deficit of 9 trillion dollars and the US dollar sinking in value..I don't think the economy is going very well
economy is doing well if your rich, the middle class is being squeezed. American workers are working longer, being more productive, but getting paid less, with less benefits, yet corporate earnings are skyrocketing yearly. who is getting screwed is obvious
so, apparently the truth is noting but "massive negativity". We have a dollar bubble that is about to burst; we owe China approximately 3 trillion dollars in outstanding debt; we have rampant inflation with M3 statistics being kept from the public by the federal reserve. When the truth is in fact as negative as our present economic situation...well let's just say Black Tuesday in 1929 will look like a day at the beach in comparison
We are broke. If you do not believe that, look at David Walker's video on Youtube...he is the Comptroller General of the US, and he is telling everyone that we are headed for disaster. BTW, what happened to the national debt in this discussion. The debt cannot be ignored. Interest payments on the debt are growning astronomically each year. Soon, the government will be able to pay only the interest on the debt.
If you were european and bought stocks in 2003 you made no real $ over the last 4 years in relative terms. Wages have fallen in the US and inflation here. Gold $840, wheat $8.00 Soybeans $11.00 Oil at $98 Sub prime crises will get much worst
Dollar is devalued by 44 % , it is insane .That is what really matters . Milk used to be 2.50 now almost 5 bucks gas was 89 cents in 2002 not over 3 bucks .Have you lost your brains ? It takes like 500 -750 to fill the fridge ,which family of four can devour in matter of hours .
Salaries are the same.They are robbing the shit out of us and acting like nothing is happening .
I agree with guy #2. Guy #1 is living in a time warp. In fact, it's all been set up from 60 years ago. The only thing we have to look forward to is the Amero. So after the housing bubble burst and many losing their homes due to Adjust. Rate Interest and fuzzy loan packages that don't make sense, the middle class, the poor, and the upper middle class all lose. It's the Amero soon to appear, dummy!
The Amero is the new currency for America, Canada & Mexico when we become the North American Union. The dollar will no longer exist, nor the Peso, nor the ??whatever Canada uses. It's similar to the Euro. In fact, it will be set up to compete with the Euro coz the dollar is losing its worth.
left vs. right. there is no truth. it's all subjective,.. so the media has you believe. YaWn. That pundit guy is saying the right buzzwords and stroking my vaguely held ideologies I got from... somewhere or other,.,. But hey I get a righteous thrill to have my convictions confirmed by a guy on TV!!! All the people that get a thrill from the other guy are idiots to be sure, no doubting my truth.
fiat money is worth nothing without a strong economy. It doesn't matter if you have savings! As the saying goes: Only after the last tree has been cut down Only after the last river has been poisoned Only after the last fish has been caught Then will you find that money cannot be eaten
Net Worth!?!?! THAT MEANS, EXACTLY,... SHIT! Net Worth will NOT buy you food, a car, or pay your house payment.
In fact, the average Net Worth in America is *WELL* into the negative, if you consider money borrowed! I mean, the average American is AT LEAST $25,000 in debt, the average college graduate is 50-90% higher!
Lol, a Republican strategist (attorney) vs. a Cheif Economist about the US economy - and the attorney try to sound like he knows more about economy, than the Economist - So funny to watch the republican PR machine at work :)
Inflation is ruuning wild, but the paper manipulated stats wont show you - you might earn more, but you can buy less. The US dollar is going to crash.
Yeah the paper unemployment is down and stocks are up but the real pay is not up! My money buys me less not then it used to, to begin with and prices keep climbing! So that's why I'm not happy with he economy, Plus the US dollar is now almost the same as the Canadian Dollar, we have a problem!
"Their savings are going to their equity" What a stupid statement. Home owners dont own their house until they have paid that off - the banks do. None of these 'home owners' hold the title of their house while they still owe money to the banks do they? OMFG no fucking common sense.
Masses of good people have nothing in America because there are no jobs to be had. We shall soon be breathing the toxic fumes of a new global morality, or didn't you know?
Gen-Xer's know all of this. It's a picture show. Wave the flag but love the dollar. America O the land of the jobless consumer. Dig? People are poor because they have morality.
The Real estate Profits are BOGUS! These rich talking heads speak to the public as if it wer stupid enough not to know Real Estate is overvalued! The biggest bubble in history. ATTACK THE MIDDLE CLASS while we create fake real estate wealth!
And most of the clothing Americans put on their backs is made in China. Imagine the profits companies make off our backs...I'm talking about US brand names btw...
Christian said "why are people borrowing so much" Right.People are too in debt and are left with fewer savings. Inflation is like a river going on and on and consumer borrowing without saving is like standing on the bank.Some day you'll be old and you'll be nowhere.
Unbelievable! We are involved in the most costly police action of all time half a trillion and rising and you really think healthcare will bankrupt us?
There is no left or right, that is a fantasy, to keep us fighting for scraps.
The politicians are all owned by the same people.
What will the current administration have to do before people will wake up? Dumb Americans, believe everything they see on tv or everything rush says, stupid!
i guess i must have missed the long lines to the soup kitchens. seriously, some people have expectations way out of proportion to reality. you need to study, train, work and save. if you are so inclined, there are plenty of opportunities, as we have steady growth, low inflation and many job openings. being optimistic about the status quo may be a fantasy; thinking it could be much better is even worse, and it comes from people who lack emotional maturity.
If the economy is great, why have wages been stagnant? Almost 6 out of 10 workers changed jobs last year based on the US Treasurers published remarks recently. How much of the labor force is a temporary contractor at this point? How is debt being used as income good for the economy when that means all assets are over priced? Why do corporations treat labor with hostility since 2001?
If you impoverish labor, you impoverish the nation!
PROFIT PROFIT PROFIT. This is really all that matters to the people at the top. The more restrictions they place on Chinese manufacturers, the more expensive production becomes.
and the illegal aliens? Google "North American Union." For added anger, and a reason to NEVER vote Rudy Giuliani, Google "NAFTA Superhighway." Again, it will all come down to profit (NAFTA Superhighway = shipping companies can bypass US ports, avoiding trade unions).
Jack, you need to get a new line, the left ain't runnin our economy!
Christian cited #'s all you have are put downs of the left. You know our economy is fixed and on it's way to a crash but you in the status quo want to blame it on jack frost or the easter bunny!
If I was your mom I'd beat you for putting me on You tube.
08Suburban 1 year ago
U.S. needs to cease the war. It's so dumb spending trillions of trillions dollars to war!! What we really get after we win it? Proudness!! ha... idiot!! Decreasing taxes will boost our economy as well- people will have more money to spend for, and for business owners, they could flourish their businesses. What's wrong with our foolish government!!!
kissmaiasssss 2 years ago
I think everybody in the U.S. or the world for this matter, should be required to take a money management or economy class, so they understand the facts before they start spouting off pure ignorance. It's amazing how many people in this country operate off of pure ignorant information.
Irieites831 2 years ago
BOY" was that grey suit fart head REALLY WRONG was Bush the economy and the war.this guy's reputation is GONE!!!
THEREALMESSAGEMAN 2 years ago
strong 'real estate net worth' -- the idea of a shrinking middle class is a joke -- see how wrong the mainstream view has been!
THE RISE OF THE PEOPLE -- f**k money. Food for farming with free housing and we can focus on dealing with the environmental/consumption issues. Sorry, no more white picket fences and 24/7 centralized heating. No time for I told you so. Get out in the community and organize, organize, organize!
GeoliphicMedia 3 years ago
@GeoliphicMedia that would set us back a few hundred years into poverty
mulleygraves 1 year ago
Wow!! 2 Years after this show was taped and many people are now talking DEPRESSION!! Just another nail in the coffin "everything will be fine".
fishingthewatershed 3 years ago
This has been flagged as spam show
The way Earthquake affected people afraid of their cracked walls & roofs to be falling on them are sitting under the open sky in the chilled cold, similarly the US investors afraid of declining economy are not investing any more in the collapsed US financial crisis scared of their investments to distort in the worst way, thus making the US economy balloon burst altogether. 3:54 And (the unbelievers) plotted and planned, and Allah too planned, and the best of planners is Allah.
yahoovisitor 3 years ago
This has been flagged as spam show
This is about the same situation Pakistan is passing thru. Countrys economy is being loaned/sold @ the rate of a common mans life leading to anxiety & flux in all departments of life ensuing in no-investment crisis & every new govt blaming the past for all the hazards & again taking its hands out to beg for more loans. The country is being sold out eventually by parts, with disorder, joblessness, fake inflation, injustice & hypocrisy as the main issues resulting in anarchy & suicide bombing,
yahoovisitor 3 years ago
Personally, I blame the fucking Bush Administration for the cause of our crumbling economy. If they weren't so stupid and started this bullshit war that has been bankrupting this country for years now, we wouldn't be in this situation. Millions of our hard earned money has been sent to fund this fucked up war that we, the people, never wanted, and this asshole administration hasn't taken any responsibility or accountability for it. How stupid are we, the American people, to elect such a person?
agentbl 3 years ago 2
lol, yeah, whatever! I'll send you some euros, lol
FloppyDisKKK 3 years ago
Its not the war, Americans have bankrupted themselves. Okay so the war hasn't helped, but you guys would be screwed with or without the war.
mtoshamtosha 3 years ago 3
@agentbl that's part of it, but there are much bigger factors, like interest rates
mulleygraves 1 year ago
Jack has Roves Tiny p**is up his poop shute..and likes it...it pays well!
Come on..squeel like a pig!!oink oink!!!
beckpod1 3 years ago
FedFarmer 3 years ago
Exactly!
ladyirish1860 2 years ago
This has been flagged as spam show
6/28/08 - Fortis expects a complete collapse of the US financial markets within a few days to weeks. That explains, according to Fortis, the series of interventions of last Thursday to retrieve € 8 billion. "We have been saved just in time. The situation in the US is much worse than we thought", says Fortis chairman Maurice Lippens. Fortis expects bankruptcies amongst 6000 American banks which have a small coverage currently. Also Citigroup, General Motors; there's a complete meltdown in US"
mikebtko 3 years ago
The final countdown
Remove spaces
w w w . europe2020 . org / spip . php ? article 553 & lang = en
glup2glup 3 years ago
Jack is FULL of it!!
Gwenlj 3 years ago
When you have a giant current account deficit you can't say that money spent on Iraq means nothing. It's money you don't actually have you moron.
Defenstrator 3 years ago
boy was the hairdoo guy wrong!
70road 3 years ago
you can't pay for guns (Iraq war) and butter (domestic spending) by cutting taxes on the richest 5% of Americans...Bush screwed you and your children all you Republicans and so called Independents in 2000 and 2004...you can turn a blind eye until you're financial demise. You think those rich with their tax cuts will trickle down their wealth to you then...and without welfare and social security you are screwed...but its ok because their against abortion right?
abbottbj 3 years ago
"Massive negativity is causing the slowdown" What a moron, must also be a lobbyist for other morons too. Did you ever get the feeling that CNBC is chock full of morons. There is the king of morons in the whitehouse and morons all over Washington D.C. And the other morons that report moronic facts as in New York Times. Lets see; morons in the press, the whitehouse, majority morons in both house and senate, morons on t.v. "There coming to get you Barbera" We need RP now, the only antidote
itillbeme 3 years ago
your all saints
Sheny1234 3 years ago
Jack is full of crap.
valdi9165 3 years ago
We here in the u.s. only seem to have more but the truth is we have more debt. Someday this lifestyle will end abruptly and living within our means will be the reality.
99cachorro 3 years ago
All Ron Paul supports must read, very encouraging!
(Its about the war of delegates)
dailypaul( DOT )com /node/46535
ronpaulwarroom( DOT )com /?p=9512
Alex Jone and Richard Reeves supports the delegates war of GOP!
watch?v=DCxpdSgrO0M
Help to spread these messages, thanks
LeeKwangEng 3 years ago
2000: The Republicans start to roll back the New Deal.
2008: America plunges into the second Great Depression.
What could this possibly mean?
PerryLogan 3 years ago
"Massive negativity is the cause of the problem" - That Jack guy is real sharp; what a smart guy. Wow. Lets see more of him, because American's are just so negative... Get the hook and hang this meat to dry. Next please.
itillbeme 3 years ago
10 million millionaires is good? that's only 3% of the population. So 3% of pop. owns 95% of the wealth. Jack doesn't know JACK!!!!
jarob420 3 years ago
Jack needs to go fetch a pail of water and shut up!!!!
jarob420 3 years ago
If you look at our 13 trillion dollar economy and compare it to a chart of inflation since the establishment of the central banking institution in what ?1913?, you will see that since 9/11 the inflation has skyrocketed more than any other time in US history. The stock market is doing well but the slaves that drive the economy are being screwed more and more.
jeffedinboro09 3 years ago
when there are wars the government must borrow more money from the federal reserve. When they do this the federal reserve must print more money. When they do this our money becomes worth less and less the longer the war goes on. The reason why prices are going out of control is bc the companies that our money is worth less but their product is worth the same, so they must increase the price on the product to cover the inflation.
jeffedinboro09 3 years ago
"The economy isn't that bad, critics just have a negative outlook"
Hint-when you are filthy rich, like everyone in Washington and on CSPAN who say that our economy is just fine and dandy, you'll have a positive outlook.
esiewm 3 years ago
bush took america and wipe hes ass whit well that good for the euros now everything that comes from america wort 6 cents
cash373 3 years ago
This has been flagged as spam show
We are not in
a recession.
This is just a "rough patch"
as Dick Cheney has said just recently.
dave98503 3 years ago
poverty rates went up every year bush has been in office
YragQuillo 4 years ago
is Jack Burkman retarded?
dollar is down %50
YragQuillo 4 years ago 2
President Bush will act, he will save us....
Uhh....LOL, Can't even stop from laughing.
Garcia0384 4 years ago
conservatives are the only ones who will solve this problem you idiot!!
hardhittn63 4 years ago
who are the conservatives Ron Paul?
who are you talking about?
YragQuillo 4 years ago
Isn't Bush a conservative?? Look where he has taken us.
zoegranma 3 years ago
Hes not a real conservative
SteveBKNY 3 years ago
This has been flagged as spam show
screw
the economy.
I'm not affected by it
Ha Ha Ha Ha Ha Ha Ha Ha Ha. lol. :)-
dave98503 4 years ago 2
This has been flagged as spam show
screw
the economy.
I'm not affected by it
Ha Ha Ha Ha Ha Ha Ha Ha Ha. lol. :)-
dave98503 4 years ago
its always been reality VS the prez
wake up sheep
its time to till the herd
icantfindanamethis 4 years ago
Thank you for posting this
RustyGatesJr 4 years ago
the depression is coming.....SOON!
any day now! believe it!
Ellumin8 4 years ago 2
Wow, I guess time made a fool of that conservative moron.
Arridos 4 years ago
I thinking it's just standard procedure for these news segments to cause confusion. I understand giving both sides of an argument, but is there not some way to keep these guys from talking over eachother. Two guys jousting over an issue just leaves the public in a continual pendulum from side to side. What ever happened to calm intellectual discussion? Present your supporting facts sir and please step aside for opposing ideas. Instead, we're left wondering who's still left in the saddle.
MJricher27 4 years ago
This has been flagged as spam show
some say if the us catches a cold, then the rest of the world catches a cold! but make no mistake the chinese can live well with only earning cents on the dollars could you? the mexicans can live making 5 bucks a day could you? but if you still don't get it, then keep dreaming. if you supported george's bush war and policies you are guilthy! of what's coming ahead. 9/11 is a lie how you know it, everithing is being set up this way so you contribute to the new changes that afect everyone1!!!!!!!!
calderonefrain 4 years ago
30 per cent? Sounds way too high to me.
TYX91101 4 years ago
somebody in the USA, go & whip this Moron
"Jack Burkman" the dickhead on the left with dark hair!
Bill Clinton handed down his presidency to Bush's family in a budget surplus. Since then, it took Bush Senior & Bush Junior to fucked up the economy in a very short time !
JumbobagBodyGuard 4 years ago
Jack Burkman ! you dumb fool!
Iraq war didn't cost US that much monies ?
let me refresh your head with these facts;
** $450 billions cost so far !
** Not to mention the ongoing support there
** Not to mention the death soldiers you bring home and the wounded women and children also.
JumbobagBodyGuard 4 years ago
lol its a trilion a year!
thats 1.000.000.000.000 $ = LOT OF FOOD!
still they are acting as if it were pocket change!
jeffsst 4 years ago
The real terrorism threatening the US is the debt being consumed by the US itself.
chaff2 4 years ago 3
"I want to close down the Federal Reserve"--- Ron Paul
wawbwc 4 years ago 8
..iraq is not costing us that much??? last time i checked america was losing millions in a single day
manny4life 4 years ago 4
Bush has been the biggest disappoint to me than any President ever, before you re-comment , I voted for him...it was a big waste of time to wait as long I did to cast a vote....should of listened to my friends.
talllikelurchis 4 years ago 3
Because of people like we all must suffer now... thanks a lot
northnv 3 years ago
hahahaaa i hope this jack burkman has looked back on video and saw what a fucking jackass he is and he knows fucking nothing, as of this date the housing market is crashing the stock market is crashing the dollar is crashing everything he said is wrong ,,your a jackass jack your a joke..
jonyrotton 4 years ago 4
The $800 tax rebate is like the Rich Guru throwing the kids quarters to those fathers and mothers losing their homes because Congress committed treason to the citizens allowing this situation to happen.
BRAC, 911, Economic, Immigration Treason and they don't see the Gallows coming.
SCOOTERBALLUSA 4 years ago 2
Jack Burkman is a fucking idiot, He needs to get fucked in the ass by a horse!! and so does bush. FUCK BUSH!!!
sinnergeo 4 years ago 3
If the economy is doing so well, why are so many people in foreclosure? If the economy is doing so well, why are bankruptcies at an all time high? Why are credit card defaults up? Why are he and the Congress trying to "stimulate" the economy? If you want to give President Bush "credit" for something, give him credit for destroying our economy! Vote Ron Paul 2008!!!
RoyalLion07 4 years ago 3
Does this IDIOT live in outer space?
koolbossjock 4 years ago 2
US economy is over...10 trillions dlls of debt. each american owes $33,000...omg. we need a war to have all the debts written off if we win.
lookyeahhohon 4 years ago 2
50% own equity?! NO, we own DEBT! We have not begun to see the bottom yet..Iraq not costing much? He's a fool. Ron Paul 08-Save our nation!
guitarguyfrank 4 years ago 2
wow, I bet that financial analyst is really eating his words now about Americans having record real estate financial net worth!!
MustangJay 4 years ago 2
Wow. The bald dude knows what he is talking about. The other slick willy guy is just a two faced liar corporate tool blowing smoke up everyone's butts, trying to portray a fantasy candyland type of the reality currently facing the overwhelming majority of american's.
b101aa2 4 years ago 3
weird! poor people listen to the same group of people who broke things can fix the economy.
icore64 4 years ago
The only solution to protect the ordinary citizen from the speculative bubble of wall street, is Lyndon LaRouches "Homeowners and Bank Protection Act" Go to LaRouchepacdotcom and ask the youth movement what you can do to help.
LaRoucheisright 4 years ago
lol i love when he says the borrowing is from greed, so you're saying that the american people are greedy...
leifnoto 4 years ago
What a liar, the war isn't costing us very much, so laughable. I know quite a few middle class people being middle class myself and most of the are struggling. Those who aren't work 24/7 and try not to spend anything. Emphasis on working 24/7. And even those people are fucked because the value of the dollar is going so low and the economy will crash eventually.
CFrostyTheSnowman 4 years ago 4
An almost a year later an m3 number shows 18+% rate of inflation. Don't believe the CPI. The Fed will keep printing new money trying to save the economy due to housing bubble burst or 'credit crunch'.
We are unofficially in experiencing mild hyper-inflation, and the dollar threatens to crash. This will cause a severe recession and hyper price inflation. The only presidential candidate who deeply understands the economy is Ron Paul.
InTheSticks1881 4 years ago 2
hahahaha Iraq war not costing much?? Wow.what a dumb ass. I love it how he tries to justify a good economy by how many millionaires there are. The average American spends 125%. With a deficit of 9 trillion dollars and the US dollar sinking in value..I don't think the economy is going very well
csrocker101 4 years ago 6
haha the republican strategist is a riot.
CheeezMaster 4 years ago
Anything to do with Motorola or Nokia ?
MachinePRISM 4 years ago
economy is doing well if your rich, the middle class is being squeezed. American workers are working longer, being more productive, but getting paid less, with less benefits, yet corporate earnings are skyrocketing yearly. who is getting screwed is obvious
lisabob22 4 years ago 3
WAKE UP! U.S is $40 trillion in deficit!
homer30 4 years ago 2
so, apparently the truth is noting but "massive negativity". We have a dollar bubble that is about to burst; we owe China approximately 3 trillion dollars in outstanding debt; we have rampant inflation with M3 statistics being kept from the public by the federal reserve. When the truth is in fact as negative as our present economic situation...well let's just say Black Tuesday in 1929 will look like a day at the beach in comparison
TrueConservative76 4 years ago
We are broke. If you do not believe that, look at David Walker's video on Youtube...he is the Comptroller General of the US, and he is telling everyone that we are headed for disaster. BTW, what happened to the national debt in this discussion. The debt cannot be ignored. Interest payments on the debt are growning astronomically each year. Soon, the government will be able to pay only the interest on the debt.
cherishtherepublic 4 years ago
If you were european and bought stocks in 2003 you made no real $ over the last 4 years in relative terms. Wages have fallen in the US and inflation here. Gold $840, wheat $8.00 Soybeans $11.00 Oil at $98 Sub prime crises will get much worst
tomasleeman 4 years ago
Looks like Father Time proved Mr. Right-Wing 100% wrong!
softearth 4 years ago
LOL...this was in the beginning of the year...that guy is so full of sh!t
1x93cm 4 years ago
The US should go back to the gold standard.
/watch?v=ZJDqneN4weE
desertskynm2 4 years ago
Jack would be better off peddling AMWAY.
debaucheryBotched 4 years ago
The guy on the right described me and many people I know. The 2 parties have turned the U.S. into a society of rip-offs.
Obobbakonda 4 years ago
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VivaMydick 4 years ago
never mind re gold or any other investment .
Dollar is devalued by 44 % , it is insane .That is what really matters . Milk used to be 2.50 now almost 5 bucks gas was 89 cents in 2002 not over 3 bucks .Have you lost your brains ? It takes like 500 -750 to fill the fridge ,which family of four can devour in matter of hours .
Salaries are the same.They are robbing the shit out of us and acting like nothing is happening .
tuktukktotam 4 years ago 4
I agree with guy #2. Guy #1 is living in a time warp. In fact, it's all been set up from 60 years ago. The only thing we have to look forward to is the Amero. So after the housing bubble burst and many losing their homes due to Adjust. Rate Interest and fuzzy loan packages that don't make sense, the middle class, the poor, and the upper middle class all lose. It's the Amero soon to appear, dummy!
lrrvegas 4 years ago 2
what is the amero?
JUKIO01 4 years ago
The Amero is the new currency for America, Canada & Mexico when we become the North American Union. The dollar will no longer exist, nor the Peso, nor the ??whatever Canada uses. It's similar to the Euro. In fact, it will be set up to compete with the Euro coz the dollar is losing its worth.
lrrvegas 4 years ago
Real Estate, Real Estate, Real Estate.
"They put allot of money into their Real Estate.
The Real Estate prices are OVERINFLATED. How can you possibly give the President credit for "good economy" pointing to ONE THING.
LeftLiberalSoCal 4 years ago
fed has way more influence that the president, and even they don't have as much as they're given credit/blame for.
proofset666 4 years ago
left vs. right. there is no truth. it's all subjective,.. so the media has you believe. YaWn. That pundit guy is saying the right buzzwords and stroking my vaguely held ideologies I got from... somewhere or other,.,. But hey I get a righteous thrill to have my convictions confirmed by a guy on TV!!! All the people that get a thrill from the other guy are idiots to be sure, no doubting my truth.
proofset666 4 years ago
fiat money is worth nothing without a strong economy. It doesn't matter if you have savings! As the saying goes: Only after the last tree has been cut down Only after the last river has been poisoned Only after the last fish has been caught Then will you find that money cannot be eaten
mandlel 4 years ago 2
What a load of propaganda. Inflation is pushing the DOW, compare it to gold or oil.
The US economy is sinking, but the band keeps playing!
1oz used to be worth $20, now it's nearly $700.
DangerousCombination 4 years ago
Net Worth!?!?! THAT MEANS, EXACTLY,... SHIT! Net Worth will NOT buy you food, a car, or pay your house payment.
In fact, the average Net Worth in America is *WELL* into the negative, if you consider money borrowed! I mean, the average American is AT LEAST $25,000 in debt, the average college graduate is 50-90% higher!
looncraz 4 years ago
it is funny to me how great the economy seems from the perspective of the rich. Rich guy on the left.
benjis007 4 years ago 2
Lol, a Republican strategist (attorney) vs. a Cheif Economist about the US economy - and the attorney try to sound like he knows more about economy, than the Economist - So funny to watch the republican PR machine at work :)
Zeptocomp 4 years ago 3
Inflation is ruuning wild, but the paper manipulated stats wont show you - you might earn more, but you can buy less. The US dollar is going to crash.
Zeptocomp 4 years ago
Yeah the paper unemployment is down and stocks are up but the real pay is not up! My money buys me less not then it used to, to begin with and prices keep climbing! So that's why I'm not happy with he economy, Plus the US dollar is now almost the same as the Canadian Dollar, we have a problem!
americancarguy 4 years ago
will you people to the south please get up and save your dam country ok. this is from a concerned Canadian from the north
TeaPlz 4 years ago
"Their savings are going to their equity" What a stupid statement. Home owners dont own their house until they have paid that off - the banks do. None of these 'home owners' hold the title of their house while they still owe money to the banks do they? OMFG no fucking common sense.
jinjin16 4 years ago
I'd like to see perjury laws apply to anyone who appears on CNBC, and all news broadcasts. Then we might get real news.
Green7Hornet 4 years ago
The stock market is BOGUS its inflation creating the big numbers. Millionaires are NOT rich like a millionaire was, the dollar is worthless.
Dumbell99 4 years ago
What does America produce?
Nothing but vulgarity and violence.
Masses of good people have nothing in America because there are no jobs to be had. We shall soon be breathing the toxic fumes of a new global morality, or didn't you know?
Gen-Xer's know all of this. It's a picture show. Wave the flag but love the dollar. America O the land of the jobless consumer. Dig? People are poor because they have morality.
yangpu6 4 years ago
The Real estate Profits are BOGUS! These rich talking heads speak to the public as if it wer stupid enough not to know Real Estate is overvalued! The biggest bubble in history. ATTACK THE MIDDLE CLASS while we create fake real estate wealth!
LeftLiberalSoCal 4 years ago
Here is a great set of economic indicators we should give Bush credit for as of July 18, 2007:
U.S. Trade Deficit Widened 2.3% in May to $60 Billion
U.S. Foreclosures Increase 87 Percent as Prices Fall
Al-Qaeda Is More Capable of Attacking West, U.S. Report Says
Crude Oil at $73.48
Euro at $1.3773
More Subprime Woes to Come
The real joke is all the talking heads that yak on and on but provide no real data.
powerease 4 years ago
And the president? In his ranch playing with his grown up men toys.
Galaor55 4 years ago
You are right on Galaor55.
Elites are destroying this country and pitting one American against the other in the age old "divide and conquer" strategy.
powerease 4 years ago
How is Bush looking to you now?
jinjin16 4 years ago
And most of the clothing Americans put on their backs is made in China. Imagine the profits companies make off our backs...I'm talking about US brand names btw...
Tihbialdunav 4 years ago
Christian said "why are people borrowing so much" Right.People are too in debt and are left with fewer savings. Inflation is like a river going on and on and consumer borrowing without saving is like standing on the bank.Some day you'll be old and you'll be nowhere.
lrgpp 4 years ago
Unbelievable! We are involved in the most costly police action of all time half a trillion and rising and you really think healthcare will bankrupt us?
There is no left or right, that is a fantasy, to keep us fighting for scraps.
The politicians are all owned by the same people.
What will the current administration have to do before people will wake up? Dumb Americans, believe everything they see on tv or everything rush says, stupid!
fourthtunz 4 years ago
i guess i must have missed the long lines to the soup kitchens. seriously, some people have expectations way out of proportion to reality. you need to study, train, work and save. if you are so inclined, there are plenty of opportunities, as we have steady growth, low inflation and many job openings. being optimistic about the status quo may be a fantasy; thinking it could be much better is even worse, and it comes from people who lack emotional maturity.
ellwyn 4 years ago
America is in very deep da da.
MrWolf666 4 years ago
If the economy is great, why have wages been stagnant? Almost 6 out of 10 workers changed jobs last year based on the US Treasurers published remarks recently. How much of the labor force is a temporary contractor at this point? How is debt being used as income good for the economy when that means all assets are over priced? Why do corporations treat labor with hostility since 2001?
If you impoverish labor, you impoverish the nation!
LuciusBrutus 4 years ago
The economy is great for the 300,000 people at the top that have more wealth than all the rest of us combined!
I can't believe the people that blame it on the liberals?
What liberals got us into this police action?
fourthtunz 4 years ago
Best defence. if your poor its your own fault.lol
Type59 4 years ago
Why is the US not cracking down on CHINA flooding
the market with cheap products. Putting millions
out of work. Then at the same time the US is flooded
with illegal aliens. I don't understand it anymore.
bexler53 5 years ago
bexler53:
PROFIT PROFIT PROFIT. This is really all that matters to the people at the top. The more restrictions they place on Chinese manufacturers, the more expensive production becomes.
and the illegal aliens? Google "North American Union." For added anger, and a reason to NEVER vote Rudy Giuliani, Google "NAFTA Superhighway." Again, it will all come down to profit (NAFTA Superhighway = shipping companies can bypass US ports, avoiding trade unions).
drunkeykong 4 years ago 3
Jack, you need to get a new line, the left ain't runnin our economy!
Christian cited #'s all you have are put downs of the left. You know our economy is fixed and on it's way to a crash but you in the status quo want to blame it on jack frost or the easter bunny!
fourthtunz 5 years ago
Christian kicked his butt! Christian kicked his butt! Christian Kicked his butt!!!!
crowley767 5 years ago