Forbes is making horseshit excuses for Wall Street ...it was Wall Street that pumped toxic subprime mortgages into the world's financial bloodetream and no one else..to say the Fed caused the problem by creating 'excess liquidity' is like blaming a Ferrari's blown engine on the buyer having 'excess money' to buy a Ferrari in the first place...No..it's the Ferrari's crappy engine...and it was Wall Street crappy Mortgage Backed Securities from 2006-2008 that caused the meltdown...
The dollar and the economy will collapse. No politician or policy can stop it. It's over folks. The return of the Lord Jesus Christ is fast approaching. Prepare yourselves and repent. Seek the Lord while He may be found, call upon His name while He is near.
Look, here it is simply put. The fed is a private for profit company. It liends money to the govt. at interest. Say the govt. borrows 100 B for 30 years. It circulates the money into the economy. After the 30 years is up, the govt. takes it back to pay the Fed. Yet it can't pay the interest so it borrows from the Fed to pay it. That is why we are a debtor nation in a recession, all because of the Fed. That's it.
Real economy should be a science for finding out what we have. Just go and find out what this country have. Magazine economics need that basic fundamental. Of course, we need a lot of magazines for reporting what we find, right? Apple and Google are trying to do that but we need a lot of people to verify them and discuss about how we should use them.
We have exterminated the property owners in Russia.We are going to do the same thing in Europe and America
(The Jew,December 1925,Zinobit
The world revolution which we will experience will be exclusively our affair and will rest in our hands.This revolution will tighten the Jewish domination over all other people
Le Peuple Juif,February 8,1919
If you want the whole truth,the future of America,what is coming your ways,please read this book for free on internet
--------The Secret of Oz - English - FREE ------- Money as debt----------------------
know and remember your great history and you shall know what do!!! and what to strive towards! do as your founding fathers did ----You can't just shout "change" and not know what has to be changed!---- I am not an American but your struggle has a lot do with me here in Europe. THE SNAKE BANKERS ARE EVERYBODY's PROBLEM! ------- please thumbs up and spread.
If the Fed's monetary policy had been too loose, it would have registered as inflation- not a bubble. If the Fed had raised rates, it probably would have caused a recession on its own. When both unemployment and inflation are stable, it indicates the monetary policy is where it should be.
UK Prime Minister David Cameron’s forebears have a long history in financial racketeering. His great-great grandfather, Emile Levita, a German Jew, was related to the German- Goldsmid banking family, and obtained British citizenship in 1871. He was the director of the Chartered Bank of India, Australia and China. - PLEASE Watch these videos - Lyndon LaRouche explains start of WW III . or - The Obama Deception. here on youtube . Google Abolish Federal Reserve Petition and sign it
@TACMAN518 A nation that has consumed, butchered millions of innocent men, women and CHILDREN shall pay the ultimate price. Other Empires bought us cultures and understanding but your nation has bought us war, fear, famine, diseases, obesity, porn,Justin Bieber. Previous Empires faded slowly but yours knows nothing but bloodshed so you shall reap what you sew. And i was almost going to set up buisness there afew years ago.
@realkingkado Our government has made some bad decisions, every country on earth past and present has.. The nature of man is not good.. Thats why we have laws and police and a Military.. Misused at times agreed. All the bad things you list about us is the case in every country on earth.. You are antiAmerican.. You just hate us.. Obviously you know nothing of our history.. Americans may be violent but we are the most giving people on earth.. So, GO FUCK YOURSELF.
when these guys say it was different people, such as the fed, the banks and wall street. that is a lie. the banks own the fed. and who do you think is n wall street. liars.
Remember, the implosion of the dollar on the world market is the only reason we see the Dow at 10,000 again. Valued in year 2000 dollars, it's current worth is around 1500. The men in power must continue to preserve the illusion of strength at any cost.
Please support HR1207, the Federal Transparency Act. Our congressmen have the right to audit the Federal reserve. Contact your legislator about HR1207
Better stock food, buy silver and gold. The dollar is doomed. They will inflate the debt away by printing money. You are living through history. If you don't have a basement stocked with a one year food supply...you just know what's coming. Turn off the TV. All is NOT well. GM, Chrysler and other companies are done. If the SHTF...head to the country. Get your hunting riffle now and plenty of ammo.
Note...you can feed yourself well by hunting birds and game. watch for municiple defaults.
If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered.
@sdjole No other Empire has behaved like yours and im not anti-Ameri-cunt, once you were a great nation but that was in the 1930s-1950s and then it began with all those fake wars for profit. But now you have a mafia styled corrupt government with some of the most ignorant populous living within its walls. And your military has always been misused you murderers, also i hope you enjoy the collapse of the derivatives market you burger munching scum your timre has come. The WHORE of BABYLON USgAy
Congress rigorously debates millions of dollars in the senate, yet Bernanke, an unelected official put billions of us dollars at risk, and our own congressmen can't even know the money is spent! Please support HR1207, the Federal Transparency Act. Our congressmen have the right to audit the Federal reserve. Contact your legislator about HR1207
There's no Judeo Reserve in Germany so they should be fine regardless of the socialism.
Hitler came to power after the finances in Germany went bust. He blamed Jews and most Germans apparently agreed not because he was a clever deceiver but because Jewish excesses and monetary speculations in the Wiemar Republic were blatantly obvious.
Actually, I believe the problem lies in the result of the economic scare.
People saving more money, spending less. The government is scaring all the rich people which causes them to flee to switzerland. And then as a direct result people lose jobs.
If everybody ignored the crisis, worked harder and spent more instead of working normal and spending less, It would vanish into thin air....
Fannie Mae and Freddie Mac, according to Alan Greenspan and Ben Bernanke, caused about 20% of the toxic waste of the housing bubble. Forbes is WRONG about FM and FM being the primary cause of the WHOLE mess; that's Republican propaganda. The REAL cause for the bubble was the Fed cranking out money--from nothing and the banks securitizing the debts of home mortgages. Also: the banks relaxing the debt ratios from 10% to up to 80%--and more. Finally, the Bush administration PROTECTED the big banks.
2) Free Market (Free? Trade) Capitalism is not the American System of Economy. Free Market Capitalism "GLOBALIZATION" is destroying the world. Why? Because it is Imperialism! We need to go back to the American System of Economy. We need to get all our industries back. We need lots & lots of productive jobs, well paid Workers and opportunitys for small Business Entrepreneurs like we had under FDR Leadership. Back to basics. Globalization has Failed ! Google LaRouchePac
How come the invisible hand gets the blame whenever the very visible iron fist of the government hobbles the economy and creates these depressions(and it will be a depression)?
How come socialists believe that when two people feel they gain from the trade and complete the trade without any duress they are somehow being exploited or coerced?
1) The reason poor Countries are poor/ banks are bankrupt/? people are loosing there jobs/ some are getting kicked out of there homes and the world is rebelling against there Governments, is because of Free Market (Free Trade) Capitalism. " GLOBALIZATION". This is Financial Imperialism and Economic Slavery. The world is sick and tired of Slavery! We have had enought of Empires! Its time for the world to "Grow-Up". Say goodbye to this British System! F-U my Queen!
Hahahahha, agreed. Did obamas prolonged detention plan came through? And does homeland security now officially classifies patriots as terrorists? Ur democracy is at the brink of destruction. It equals too much Hitlers way. Well, good look. Ur democracy survived the communism chase and the jews chase which happend even in America in the 30s. But now u got some hardcore motherfuckers preparing this shit for 30 years. Hopefully, ur strong enough.
hahah. Do u know what a socialist is? Do u know what communism is? I bet not. However, Germany found a way to combinde the advantages of communism and cpaitilms. In Germany u dont die on the street cuz u have no insurance. An insurance is standard for every citizen since 1870. U system sucks cuz it doesnt provide the minimum living standards which it should. The existence of ur state has no advantages nor you. Its not worth to exist.
If you pay people to be poor they are going to be poor. Increasing standards of living needs capital to create means of production. Socialism does not increase whealth it only distributes. Honestly, the poor is better off in a vibarent economy under capitalism than as a slave in socialsm. Anglo Saxons invented capitalism and freed us from serfdom.
Hahahaha. Germany is the fourth biggest economy in the world by far. We arent pure socialists or something. But Germans dont have to live in tents bcuz some managers couldnt get enough money. Of course we arnt slaves. Germany is no police state. Here, children arent send to prison cuz they didnt behave in the kindergarden. Such things happen only in American dictatorship. And why we are the most popular nation in the world, according to a BBC survey and USA is slightly behind russia. Hahahhaha.
you don't die here on the streets either. it doesn't matter if you have insurance or not you will be treated here. the world media is full of shit so don't listen to them.
Yeah, media is full of shit. Including the good parts of socialism is not wrong. Germany is still the 4th biggest economy by far. It doesnt lead in destruction. And probably u have it much better than we think here. It was mainly to annoy the other guy I argued with. Its not based on hard facts.
this is the problem economic crisis this poor time for all of the federational people out there it is unnaceptable that people have to live with the economic crisis its deregational halvitation is refusing to let us by into the gerational yollatyn.
all american people stand up and RAID ALL FED BUILDINGS! the won't shoot on the masses! Just go by the millions and take back your gold, and ours aswell, cause the fed's are raping other countries welth aswell by hamstering all the world's gold and not spending any.
AMERICA GET UP STAND UP AND TAKE BACK YOUR GOLD, JUST MARCH INTO THEIR BUILDING WITH MILLIONS OF PEOPLE AT ONCE THEY WONT DO SHIT
Global warming is a lie. Sun Spot activity is causing the warming, not humans. They know that. Historic patterns of Sun Spot activity plainly show cooling and heating patterns. We happen to be in a heating pattern. The BANKSTERS want to tax everything on earth, so they created global warming. Tax Tax Tax Tax Tax.
Please support HR 1207, The Federal Transparency Act! Our congressmen have the right and responsibility to Audit the federal reserve, like anyone else! It is our USA dollar, our representatives have the right to know! Please contact your local legislator about HR 1207!!! Congress rigorously debates millions of dollars in the senate, yet Bernanke an unelected official puts billions of US dollars at risk, and our own CONGRESSMEN can't even know how the money is spent! We need TRANSPARENCY!!!!
Ur so dumb. If u know so much, why don't invest that way. U'll be filthy rich. U should never make things illegal. Look at what outlawing drugs did. Did it cure our drug issues? Why don't we ration out food so that way, no one will get fat. Better yet, lets track everyone's actions with a gps microchip. What makes u think that politicians can make a car that people will want to drive?
I wonder if the federal reserve with all this money that it's loaning out will reach a point that it will become busted too? I hope.
When the economy does crash there will be survivors of course, those remorseless blood sucking money loving mattress stuffers who would screw the world out of oxygen for a few nickels if they had the chance.
july 4th washington dc millions of tea party people. very important one as well! copy and spread! ESPECIALLY IF YOU CANT GO HELP OTHERS KNOW ABOUT THIS! stop the corruption and the BS!!
KEEP IT PEACEFUL TO GAIN SUPPORT! BRING THE FAMILY AND FRIENDS!
Thanks Steve Forbes. You have always been a proponent of trying to control the Federal Reserve. We need to AUDIT THE FED, which is actually a bill in committee at this very moment as HR 1207. Please call your Representative and ask them to support it. There are already 124 Co-Sponsors for it. But then we need to keep the pressure on because the Senate will try and pass a bill that takes the teeth out of an audit, much like the current GAO audit authority is extremely limited.
We don't need to audit the Fed, we need to eliminate the Fed. Jefferson warned that the greatest danger to the longterm U.S. was not foreign armies, but the creation of a central bank. Now, 200+ years later, no foreign army has conquered the U.S., but a central bank has taken control of our economic system, and ruin results...
I agree that we do need to ELIMINATE the Federal Reserve all together! But we need to take it one step at a time and HR 1207 is the focus of the Sons of Liberty at the moment. If the people see what they are doing, then it should come to a screeching halt.
Conspiracy yes!!1)Bernanke in 2006 july raised the interest rates to surpising 6.75%.Why?So that he can crush the middle class who took the subprime mortgages.!!...2)George Bush and Paulson knew that 60% of Americans have subprime mortgages, and raising the FEd interest rates people will start paying 12% instead of 3%...Its not the same if you pay700$ a month or 2500$ when they raised those rates..THis is not possible to be payed!!..3)They wanted to hurt China. who? is hurt the most is USA
july 4th washington dc millions of tea party people. very important one as well! copy and spread! ESPECIALLY IF YOU CANT GO HELP OTHERS KNOW ABOUT THIS! stop the corruption and the BS!!
KEEP IT PEACEFUL TO GAIN SUPPORT! BRING THE FAMILY AND FRIENDS!
USA is taking the line of creating political, financial, social, & religious stunts that play a vital role in moving forward for its global destruction policies to carry out. US govt has slaved its own nation. Born free taxed to death. $ will not be the global currency any more as declared in G-20 meeting. Internationally global policies of politics & trade are quickly changing. If USA wants to keep standing where it was it will have to leave the war track & not violate global peace any more.
The Clintons sent dirty manufacturing jobs out of the country and gave loans to people who did not qualify for home mortgages!Gee I wonder what would happen!
Wrong you have the old capitalist mentality where only the rich should be allowed to own proprety wich doesn't fit into the american dream or modern society they are getting exploited so they should at least have a place to live and rest!! Clinton brought 12 years of republican deficit to zeoro and guess what?? Bush turnes 0 deficit into a 3000 000 000 000$ deficit so think before you start yapping
All social systems have certain conditions that must be met in order to obtain some good. In a system of wealth distribution like you allude to, the conditions for obtaining a house are merely being a person! Why would anyone have any incentive to do anything more? 'Market pressure' promotes labor. But, just because our evil version of capitalism (one that is not free) very unequally distributes goods, does NOT mean that the goods obtained by people should not be contingent upon their labor.
i agree with you! if you don't work hare you don't deserve anything but the market is out of control a 4 and a half room appartment in NY with roaches and drug dealers rents for 1000 $ plus excluding the bills so these people have to work 2 jobs and raise a family can they at least get a home for all their harwork it's not their fault if the rich choos to ship the jobs to china to 16 cents per hour. open market was signed in the 80s with mulroney & Reagan not clinton like the guy said!
Although most in China are living worse off than these New Yorkers? If they are providing a service at a lower price, why shouldn't they be able to provide it? I think many the problems you mention are a result of limited education, and thus poor decision-making and living outside your means, and NOT an 'out of control market'. Unlike ancient and pre-modern civilizations, our children do not give us a market advantage (by providing work), but rather they just cost. The poor haven't adapted.
the reason is simple it creates more poor people you have to provide for with social care when you ship jobs to china so in the end it still cost more to the society the only one taking advantage of it are the bosses when the guy is desperate you think he's going to break in into a 10 million$ mansion to steal? no he's going to break into the middle class hard working man that has nothing to do with his povrety .
Well, by more strongly regulating outsourcing the 'poor people' will also be finding it harder to afford the goods that are now being made in the US. Economics is a very complex subject that can't simply be reduced to wealthy vs. poor. For every elite that wants to exploit the poor, there is an elite that wants to use their power to help the poor. This conversation is over (partly because it's not going anywhere and partly because you don't appropriately use periods or commas).
i knew you were going to bring up that argument, everyone always do. I'll give you one simple exemple to show you that they are not working for better prices for you.... Canadian wood and paper industy was going well and selling wood for construction in the US at the best price on the market making houses and various goods more affordable. You know what happened? Rich peole made sure the government overtaxed canadian wood so the price went right back to the roof lol.
I' make some mistakes while writing english because my main language is french! And i also speak spanish do you? And yep i'm educated... How come? because here in canada you don't need 20 000$ a year to send your kids to college so everyone has a shot at education so you think it's normal if your kid is way smarter he should work at burger king? while the rich kid who's not half as smart should get his shoot? i'll leave you with one last quote that says it all
"Owners of capital will stimulate the working class to buy more and more expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalised, and the state will have to take the road which will eventually lead to communism
There have to be more international websites for trading, like lots of websites of wall street sectors with discussion boards online, because you can trade online, so why not take the banks on and beat them in the market place?
The economic bust was caused by the Fed -- they forced interest rates below the natural rate of interest, fueling an unsustainable credit expansion boom that resulted in tremendous malinvestment and overconsumption.
Roger W. Garrison explains how the Fed lost its way in this paper: "Interest-Rate Targeting During the Great Moderation: A Reappraisal".
One of the best general articles that explains the economic crisis in essential terms is: "The Crisis in 10 Points" by Robert Stewart.
The gouvernement knew that for a long time. They just stole our money, they hide it out of us and now that its bankrupt they present Obama as a savior.. he wants us to work for what now that money worth nothing?Bananas?
There is too much money in the world gone to be blamed on fraude. Something else is going on. First they shout and repeat terrorists, now they shout and repeat fraud. Liberties will be taken away and new laws be implemented when most people have no job. The alternative is working for the government controling the poor or go to war. There is where all the missing money will be spent. To create a new society.
jobless men hungry stomach need food on the table join the army and fight for any thing
i guess osama was right we only a big bubble full of fart and he just puncture it
so listen to the Zionist asshole that run the country and people elect them because you have 2 party system one for kkk and the other is for every one else to vote but the nomination goes to the Zionist example
ofcourse they did.. who is going to join the Army or take all those overseas military contracting jobs if the economy is fine here in America.. DUH! Its all about the war that was started by the corporate zionists.
Nice Video. Check out TubeViews (dotnet) If you need your video exposed, It has really helped me a bunch. Be blessed!
Have you heard of this program that actually send thousands of text messages advertising your business for you, i think the url is w w w . a u t o t e x t s e n d e r . c o m
theres a idea called the McLaurine plan which consist of rolling everyones credit score back up to 680 and people who have good credit gets AAA or a bonus reward of some kind... I'm not a expert just want to see what the real expert like your self think of such a plan.
I'll be happy to explain why usary is wrong. It starts with the Bible, the Quoran, and many other ancient religions books and belief systems. These ancients weren't forbiding usary for no reason at all. Just like they didn't forbid murder for no reason at all. Usary = Slavery. Usary is wrong for the same reasons slavery is wrong. People with power and money should not be allowed to buy/own the lives of others. It is this very concept of being so wealthy that has made America inherantly lazy.
actually one of the key issues in the BIBLE worthy in my opinion relates to USURY in all its evil forms. The people behind USURY need their heads cut off for there EVIL. People eventually are going to become increasingly angry with our governments. This maybe by design because everything is about controlling people as slaves.
You are confusing the government with usury. Yes the government is trying to enslave people, and the government is evil.
Yes the government uses usury in an evil way. But the government also uses computers in an evil way. They also use paper and pencils in an evil way.
There is a difference between something and how the government uses it. I covered this in my previous posts with hugolp. I don't want to have the exact same conversation so please read the previous posts.
Then the manufactured conditions are the part which is wrong. The person manufacturing conditions is wrong, and he is misusing Usury. I am not saying that Usury can't be misused. People can misuse many many thing. Usury is one of those things which can be misused.
No, I am a free lance (work for myself) computer programmer.
It's just no one has given me one decent reason as to why usury is wrong. I am a huge proponent of freedom, and in my book you have to have a damn good reason to take away someones freedom to do something. This includes usury, even though I personally have no special love for usury.
Well here's a reason. The interest compounds. The value of what you bought is inflated although the principle holding does not (eg. house) Instead of having a set dollar figure to pay back within a certain time, we have a floating value on items based on interest, not on value. When you cannot pay the debt because of temporary layoff or complete job loss,or disability, the interest piles up. You can never pay off the amount owing and get further in debt.
This leads to emotional problems brought on by stress and even complete mental breakdown for the hapless victim of usury. If the banks could guarantee I would make a certain amount of money and always have enough to pay the principle and interest of my loans then fine, but they don't. So, when in financial difficulties, the banks not us, because of usury, add to our personal debt. We are then losing our property to pay this artificially inflated debt.
And this is known before you take the loan. No one is forcing you to take it.
"The banks don't need to make a guarantee, you do."
Your the one asking for their help, for their money. The banks are taking a risk by loaning money to you. They may lose on the deal and never get a significant percent of their money back. Interest on low risk loans compensates for the loses of high risk loans.
Also, the debt wasn't artificial, it was agreed on by both parties.
The "agreement" of debt is based on both parties being informed to make a judgement on the risk and value of the loan. The mortagage market in the UK was offering 100-110% mortgages before the crash - unless they knew that the economy would continue to grow (obviously it didn't) this is simply gross negligence.
Surely the banks wouldn't lend you money if they thought it'd leaving you only paying interest for the rest of your life?? yeah right. to absolve the banks of responsibility is obscene.
You fail to realize it takes two parties to make an agreement.
If a bank makes a loan in which the other party is destined to do nothing but pay interest on that loan, then the other party simply should not pay. He can file for bankruptcy and takes the banks money, and the bank can take the loss.
You speak as if just because a loan was made, the party taking the loan will slave and toil to do nothing but pay it off. It is more realistic, in such an event, that the bank will lose the money.
No, my point was that the customer can rarely make a truly informed decision on the market as the bank can - therefore any agreement must be taken with trust in the institution. I'm sure people who had money lost in Iceland, Northern rock etc. trusted their bank to look after them.
Most people want to work hard, pay taxes, and have a comfortable home.
You seem to think its acceptable to deliberately lead people to bankruptcy! So the bank loses some cash and you lose your home? nice one.
I reject the notion of a completely incompetent, retarded, child like populous that must be protected by Mommy and Daddy government from every possibility which life can offer.
A customer who does his homework can make an informed decision. A customer who doesn't may have to pay the price for that ignorance.
If a bank commits fraud, then they should be arrested for fraud. But if it is a legitimate deal between mutually agreed parties, I don't see the problem.
First off, the government plays a large part in all this. They made it illegal for the banks to refuse giving loans to lower income people. And you expect them to protect us?
If you didn't realize it, the banks needed to be bailed out because of this. The banks were going into bankruptcy along side the poor people loosing their homes. I don't think the banks should have been bailed out, but that's a different conversation.
You are distorting the facts to make everything look one sided.
watch the video again, do some reading on the elite families who control the "national" banks of the US, UK and most of Europe. These are not people you will ever make me feel sorry for.
Now your off topic. This thread wasn't about the federal reserve, or the banking institutions. This thread is about usury.
I have no love for the banking industries. The problems arrive because of Government involvement in the market place. The Government protects banks and corporations at the expense of citizens. This is the problem.
To say usury is the problem only hides the true problems from view. As I said there is nothing wrong with usury, it is the government which is wrong.
You miss the point. The money is printed by the treasure at the request of the Federal Reserve. They are loaning money out at 1/4 % annual interest or less. And yet your local bank has no access to those funds. Only the big banks - the very banks who caused this crisis. Ironically they are the banks who get bailed out.
Because usure is a fraud and to repay the debt with interest you need to increase the amount of money. And if you do increase the amount of money you create inflation.
Usury is charging interest on money which you have loaned out. If you are risking your money by giving it to someone else, you should be compensated for such risk.
The federal reserve prints money, and loans it out. The problem isn't the loaning of money, but the printing of money. The Fed commits fraud by printing money, and that is wrong. The Fed is wrong, and by extension the American Gov is wrong.
I can barrow $100 from you, and pay you back that $100 and an additional $10 in interest. I can earn this $110 from someone else by working for them. This is usury, and does not increase the amount of money in circulation.
The central banks printing money is what increases the amount of money in circulation. And yes the central banks add this money into circulation through usury. But usury is not required to increase the money in circulation. Printing is.
But who creates the money? the central bank, so everybody has to borrow money from the central bank (in our case inderectly). Let me put you a simple example: if the central bank creates 100 dollar and lends 10 dollars to 10 banks, and the banks have to give back 1 dollar in interest. So now everybody has to give 11 dollars to the central bank, that makes 110 dollars have to go back to the central bank, but only 100 dollars are in circulation, so someone is not going to be able to repay.
Ron Paul 2012.... End the Fed!
jcaled24 1 month ago
Forbes is making horseshit excuses for Wall Street ...it was Wall Street that pumped toxic subprime mortgages into the world's financial bloodetream and no one else..to say the Fed caused the problem by creating 'excess liquidity' is like blaming a Ferrari's blown engine on the buyer having 'excess money' to buy a Ferrari in the first place...No..it's the Ferrari's crappy engine...and it was Wall Street crappy Mortgage Backed Securities from 2006-2008 that caused the meltdown...
bellcord 11 months ago
The dollar and the economy will collapse. No politician or policy can stop it. It's over folks. The return of the Lord Jesus Christ is fast approaching. Prepare yourselves and repent. Seek the Lord while He may be found, call upon His name while He is near.
mrchiefofsinners 1 year ago
Look, here it is simply put. The fed is a private for profit company. It liends money to the govt. at interest. Say the govt. borrows 100 B for 30 years. It circulates the money into the economy. After the 30 years is up, the govt. takes it back to pay the Fed. Yet it can't pay the interest so it borrows from the Fed to pay it. That is why we are a debtor nation in a recession, all because of the Fed. That's it.
fatalsteps101 1 year ago
Real economy should be a science for finding out what we have. Just go and find out what this country have. Magazine economics need that basic fundamental. Of course, we need a lot of magazines for reporting what we find, right? Apple and Google are trying to do that but we need a lot of people to verify them and discuss about how we should use them.
beancube2010 1 year ago
RON PAUL 2012
BMANZZS 1 year ago
We have exterminated the property owners in Russia.We are going to do the same thing in Europe and America
(The Jew,December 1925,Zinobit
The world revolution which we will experience will be exclusively our affair and will rest in our hands.This revolution will tighten the Jewish domination over all other people
Le Peuple Juif,February 8,1919
If you want the whole truth,the future of America,what is coming your ways,please read this book for free on internet
Who Is Esau-Edom,Who Is Esau-Edom
MsMihailescu 1 year ago
This has been flagged as spam show
FELLOW TRUTH SEEKERS, YOU MUST WATCH THIS
--------The Secret of Oz - English - FREE ------- Money as debt----------------------
know and remember your great history and you shall know what do!!! and what to strive towards! do as your founding fathers did ----You can't just shout "change" and not know what has to be changed!---- I am not an American but your struggle has a lot do with me here in Europe. THE SNAKE BANKERS ARE EVERYBODY's PROBLEM! ------- please thumbs up and spread.
fullfist 1 year ago
Statesman Ron Paul is one of the few leading men in the Nation who can lead the U.S. on the Wise & Prudent Path to American Strength.
TheOwl1776 1 year ago
@TheOwl1776 One of the greatest man on earth.
Unfortunately, he has no power to do anything now, or ever.
People like promises, lies... you know... They will vote for anybody who will promise to fix things without pain.
Ron Paul will NEVER promise that.
He is an honest man.
pepintheshort100 1 year ago 2
get off yer ass planet earth and fight for your fucking rights!!!!
Thethirdcaller 1 year ago
Basically, the Fed created the conditions and now we're supposed to conform to these conditions, despite human nature?
esalian9 1 year ago
@esalian9 i won't
SuperLightheaded 1 year ago
This has been flagged as spam show
Asian ladies online #lushfmlk.info#
useelaomega 1 year ago
simple fact alan greenspan is a jew
heres another simple fact
ben shalom bernanke is also a jew
if you dont see the connection, well obvioulsy they did
scmthrasher 1 year ago
Just thank Alexander Hamilton for the federal reserve
greenbay357 1 year ago
I didn't participate- I knew better
I woke up years and years ago
visionseeker50 1 year ago
If the Fed's monetary policy had been too loose, it would have registered as inflation- not a bubble. If the Fed had raised rates, it probably would have caused a recession on its own. When both unemployment and inflation are stable, it indicates the monetary policy is where it should be.
hoodoo961 1 year ago
@hoodoo961 stable? how about non existent... what you just said sounds like a quote from old ben shalom him self
scmthrasher 1 year ago
@scmthrasher Thanks for the compliment.
hoodoo961 1 year ago
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UK Prime Minister David Cameron’s forebears have a long history in financial racketeering. His great-great grandfather, Emile Levita, a German Jew, was related to the German- Goldsmid banking family, and obtained British citizenship in 1871. He was the director of the Chartered Bank of India, Australia and China. - PLEASE Watch these videos - Lyndon LaRouche explains start of WW III . or - The Obama Deception. here on youtube . Google Abolish Federal Reserve Petition and sign it
yendytok 1 year ago
USgAy is doomed you fat ass Ameri-cunts have had your free lunch and now its payback mother fuckers! WoooHaaa
realkingkado 1 year ago
@realkingkado FUCK YOU.
TACMAN518 1 year ago
@TACMAN518 The young hideous Empire will implode from within
realkingkado 1 year ago
@realkingkad And when it does there will be blood..
TACMAN518 1 year ago
@TACMAN518 A nation that has consumed, butchered millions of innocent men, women and CHILDREN shall pay the ultimate price. Other Empires bought us cultures and understanding but your nation has bought us war, fear, famine, diseases, obesity, porn,Justin Bieber. Previous Empires faded slowly but yours knows nothing but bloodshed so you shall reap what you sew. And i was almost going to set up buisness there afew years ago.
realkingkado 1 year ago
@realkingkado Our government has made some bad decisions, every country on earth past and present has.. The nature of man is not good.. Thats why we have laws and police and a Military.. Misused at times agreed. All the bad things you list about us is the case in every country on earth.. You are antiAmerican.. You just hate us.. Obviously you know nothing of our history.. Americans may be violent but we are the most giving people on earth.. So, GO FUCK YOURSELF.
TACMAN518 1 year ago
Here are some websites to help join the fight against corruption and injustice.
We Are Patriots.org
Prison Planet.tv
Tea Party Patriots.org
Campaign For Liberty.com
Ron Paul.com
109740ewh 1 year ago
Who the hell is this guy?
iambrianjenkins 1 year ago
when these guys say it was different people, such as the fed, the banks and wall street. that is a lie. the banks own the fed. and who do you think is n wall street. liars.
satanrocks668 1 year ago
Remember, the implosion of the dollar on the world market is the only reason we see the Dow at 10,000 again. Valued in year 2000 dollars, it's current worth is around 1500. The men in power must continue to preserve the illusion of strength at any cost.
TYX91101 2 years ago
Of course it's natural for housing prices to rise while salary increases fall! Duh.
baigandine 2 years ago
resist.
peace
AlbertEinsteinsGhost 2 years ago
pumpin equity? more like steeling from the taxpayers to feed the rich
99cachorro 2 years ago
Don't forget the rating companies role.
MegF142857 2 years ago
Please support HR1207, the Federal Transparency Act. Our congressmen have the right to audit the Federal reserve. Contact your legislator about HR1207
IgotLonghairdontcare 2 years ago 5
Better stock food, buy silver and gold. The dollar is doomed. They will inflate the debt away by printing money. You are living through history. If you don't have a basement stocked with a one year food supply...you just know what's coming. Turn off the TV. All is NOT well. GM, Chrysler and other companies are done. If the SHTF...head to the country. Get your hunting riffle now and plenty of ammo.
Note...you can feed yourself well by hunting birds and game. watch for municiple defaults.
MrGreatLakesBuffalo 2 years ago
Let's end the fed. and return to sound money. Constitutional money.
enduro0276 2 years ago 15
and lets call the currency a penofed- no mor private fed- sounds alot nicer than dollar lol
imbrd 2 years ago
If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered.
Thomas Jefferson
sdjole 2 years ago 42
They'd be as homeless as the Native Americans!
baigandine 2 years ago
Well no one has the balls to exchange in barter. They just like being slaves to the Fed's false currency.
MetalBassjunkie420 1 year ago
@sdjole No other Empire has behaved like yours and im not anti-Ameri-cunt, once you were a great nation but that was in the 1930s-1950s and then it began with all those fake wars for profit. But now you have a mafia styled corrupt government with some of the most ignorant populous living within its walls. And your military has always been misused you murderers, also i hope you enjoy the collapse of the derivatives market you burger munching scum your timre has come. The WHORE of BABYLON USgAy
realkingkado 1 year ago
@realkingkado babylon? meaning the whore of the jews?
scmthrasher 1 year ago
@sdjole Thomas Jefferson never said that.
clintmangun 9 months ago
One fact handily forgotten in the last seventy years is that real estate does in fact lose up to 90% of it's value during economic depressions.
TYX91101 2 years ago
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hardassets2012 2 years ago
interesting points.
btw check out: We Didn't Start The Crisis Stern
(parody about the economy)
sanasinnersanctum 2 years ago
Congress rigorously debates millions of dollars in the senate, yet Bernanke, an unelected official put billions of us dollars at risk, and our own congressmen can't even know the money is spent! Please support HR1207, the Federal Transparency Act. Our congressmen have the right to audit the Federal reserve. Contact your legislator about HR1207
Owleyes888 2 years ago 3
Good comments from Forbes.
Zeldovich 2 years ago
There's no Judeo Reserve in Germany so they should be fine regardless of the socialism.
Hitler came to power after the finances in Germany went bust. He blamed Jews and most Germans apparently agreed not because he was a clever deceiver but because Jewish excesses and monetary speculations in the Wiemar Republic were blatantly obvious.
fiaskolo 2 years ago 3
Actually, I believe the problem lies in the result of the economic scare.
People saving more money, spending less. The government is scaring all the rich people which causes them to flee to switzerland. And then as a direct result people lose jobs.
If everybody ignored the crisis, worked harder and spent more instead of working normal and spending less, It would vanish into thin air....
Idkfawin32 2 years ago
Jews letting americans know who is the Boss.
3atreees 2 years ago 4
It Crazy how people Know the Shit is a Scam yet do nothing about it. They Feed you Jesus Christ and say Obey or you will go to hell.
Readingiseasy 2 years ago
The international Jew is the problem.
shasha1873 2 years ago 2
People who borrowed money were the bad decision makers.
Because if they had paid attention to what their elders had been telling them, they'd have known dealing with banks and loans ends badly.
ferencvarosifan2 2 years ago
Obama is a puppet, nothing more, nothing less, just like Bush
Puppet for the owners of the world
DarkestOne7 2 years ago 6
You speak the truth sir.
The people are starting to wake up now too.
I did after I lost my job and wanted to fully understand why.
Americanluvunit 2 years ago
the bush administration look like fucking saints compared to the absolutely fraudulant nature of obama's total wallstreet cabinet.
bush pushed you over, obama is stamping on your unconcious head.
sueq6 2 years ago 5
YES WE CAMP
BoxenRobl 2 years ago 3
ha ! "yes we camp" .. nice, clever..
EndOfTheWorldReport 2 years ago
Fannie Mae and Freddie Mac, according to Alan Greenspan and Ben Bernanke, caused about 20% of the toxic waste of the housing bubble. Forbes is WRONG about FM and FM being the primary cause of the WHOLE mess; that's Republican propaganda. The REAL cause for the bubble was the Fed cranking out money--from nothing and the banks securitizing the debts of home mortgages. Also: the banks relaxing the debt ratios from 10% to up to 80%--and more. Finally, the Bush administration PROTECTED the big banks.
Paolo7219 2 years ago
2) Free Market (Free? Trade) Capitalism is not the American System of Economy. Free Market Capitalism "GLOBALIZATION" is destroying the world. Why? Because it is Imperialism! We need to go back to the American System of Economy. We need to get all our industries back. We need lots & lots of productive jobs, well paid Workers and opportunitys for small Business Entrepreneurs like we had under FDR Leadership. Back to basics. Globalization has Failed ! Google LaRouchePac
gkgreger 2 years ago
How come the invisible hand gets the blame whenever the very visible iron fist of the government hobbles the economy and creates these depressions(and it will be a depression)?
How come socialists believe that when two people feel they gain from the trade and complete the trade without any duress they are somehow being exploited or coerced?
soylentgreenb 2 years ago
1) The reason poor Countries are poor/ banks are bankrupt/? people are loosing there jobs/ some are getting kicked out of there homes and the world is rebelling against there Governments, is because of Free Market (Free Trade) Capitalism. " GLOBALIZATION". This is Financial Imperialism and Economic Slavery. The world is sick and tired of Slavery! We have had enought of Empires! Its time for the world to "Grow-Up". Say goodbye to this British System! F-U my Queen!
gkgreger 2 years ago
Violent protest would be a bad idea:
American government is ready for a ploice state.
At least the media and Obama with his wonderful charisma will get the public to love the idea of tyranny. Fema camps seem a bit worrying.
mychar111 2 years ago 6
Hahahahha, agreed. Did obamas prolonged detention plan came through? And does homeland security now officially classifies patriots as terrorists? Ur democracy is at the brink of destruction. It equals too much Hitlers way. Well, good look. Ur democracy survived the communism chase and the jews chase which happend even in America in the 30s. But now u got some hardcore motherfuckers preparing this shit for 30 years. Hopefully, ur strong enough.
thegermanandre 2 years ago
At least americans are identifying our enemies, and we may wake up in time. Ur germany is way too past gone into the hands of the socialists.
yangenator 2 years ago
hahah. Do u know what a socialist is? Do u know what communism is? I bet not. However, Germany found a way to combinde the advantages of communism and cpaitilms. In Germany u dont die on the street cuz u have no insurance. An insurance is standard for every citizen since 1870. U system sucks cuz it doesnt provide the minimum living standards which it should. The existence of ur state has no advantages nor you. Its not worth to exist.
thegermanandre 2 years ago
If you pay people to be poor they are going to be poor. Increasing standards of living needs capital to create means of production. Socialism does not increase whealth it only distributes. Honestly, the poor is better off in a vibarent economy under capitalism than as a slave in socialsm. Anglo Saxons invented capitalism and freed us from serfdom.
yangenator 2 years ago
Hahahaha. Germany is the fourth biggest economy in the world by far. We arent pure socialists or something. But Germans dont have to live in tents bcuz some managers couldnt get enough money. Of course we arnt slaves. Germany is no police state. Here, children arent send to prison cuz they didnt behave in the kindergarden. Such things happen only in American dictatorship. And why we are the most popular nation in the world, according to a BBC survey and USA is slightly behind russia. Hahahhaha.
thegermanandre 2 years ago
you don't die here on the streets either. it doesn't matter if you have insurance or not you will be treated here. the world media is full of shit so don't listen to them.
bull864 2 years ago
Yeah, media is full of shit. Including the good parts of socialism is not wrong. Germany is still the 4th biggest economy by far. It doesnt lead in destruction. And probably u have it much better than we think here. It was mainly to annoy the other guy I argued with. Its not based on hard facts.
thegermanandre 2 years ago
Identifying? I thought that was one of the problems in Afghanistan, that the Taliban go undercover.
Dragolaa 2 years ago
ups ur niot american, than fuck da apartheid!!!
decomcratic greetings from Germany
thegermanandre 2 years ago
this is the problem economic crisis this poor time for all of the federational people out there it is unnaceptable that people have to live with the economic crisis its deregational halvitation is refusing to let us by into the gerational yollatyn.
kieran09z 2 years ago
all american people stand up and RAID ALL FED BUILDINGS! the won't shoot on the masses! Just go by the millions and take back your gold, and ours aswell, cause the fed's are raping other countries welth aswell by hamstering all the world's gold and not spending any.
AMERICA GET UP STAND UP AND TAKE BACK YOUR GOLD, JUST MARCH INTO THEIR BUILDING WITH MILLIONS OF PEOPLE AT ONCE THEY WONT DO SHIT
TheSlackingDutchmen 2 years ago 5
Global warming is a lie. Sun Spot activity is causing the warming, not humans. They know that. Historic patterns of Sun Spot activity plainly show cooling and heating patterns. We happen to be in a heating pattern. The BANKSTERS want to tax everything on earth, so they created global warming. Tax Tax Tax Tax Tax.
gstuart01 2 years ago 4
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Please support HR 1207, The Federal Transparency Act! Our congressmen have the right and responsibility to Audit the federal reserve, like anyone else! It is our USA dollar, our representatives have the right to know! Please contact your local legislator about HR 1207!!! Congress rigorously debates millions of dollars in the senate, yet Bernanke an unelected official puts billions of US dollars at risk, and our own CONGRESSMEN can't even know how the money is spent! We need TRANSPARENCY!!!!
GoLuckyOops 2 years ago
Restore the Republic! ie; END THE FED, END THE IRS, ELECT PATRIOTS NOT TRAITORS!
gstuart01 2 years ago
global warming is a global tax scheme. foo.
search - Global Warming or Global Governance?
phospheneca 2 years ago
The problem is NOT the RECESSION.
It's GLOBAL WARMING.
THE AGE OF BIG CARS IS OVER.
THE AGE OF OIL DEPENDENCE IS OVER.
RECESSION??? HUH? I GOT NEWS 4 U THERE'S LOTS OF WORK TO DO.
We need to quit bickering, get to work and develop electric cars.
We should build small shops in suburbs, more people would walk, less driving, better health.
We need to build train systems connecting our major business hubs.
AMERICA LET'S DO IT.
calloutinchains 2 years ago
The BIG problem is NOT the RECESSION.
It's GLOBAL WARMING.
THE AGE OF BIG CARS IS OVER.
THE AGE OF OIL DEPENDENCE IS OVER
Other than for farmers, large gas guzzling vehicles should eventually be made
illegal.
Small efficient electric cars must be developed.
Small shops should be built IN suburban areas.
Train systems should connect major business hubs.
AMERICA. ARE YOU READY FOR THE CHALLENGE?
calloutinchains 2 years ago
Ur so dumb. If u know so much, why don't invest that way. U'll be filthy rich. U should never make things illegal. Look at what outlawing drugs did. Did it cure our drug issues? Why don't we ration out food so that way, no one will get fat. Better yet, lets track everyone's actions with a gps microchip. What makes u think that politicians can make a car that people will want to drive?
johma513 2 years ago
I wonder if the federal reserve with all this money that it's loaning out will reach a point that it will become busted too? I hope.
When the economy does crash there will be survivors of course, those remorseless blood sucking money loving mattress stuffers who would screw the world out of oxygen for a few nickels if they had the chance.
Mardasee 2 years ago
intelligence counts a lot, but human behavior speaks even before the power of your brain.
TheAsdf12345 2 years ago
what a shame! the feds own america and the feds aren't even american. lol
gerryboy101 2 years ago 6
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july 4th washington dc millions of tea party people. very important one as well! copy and spread! ESPECIALLY IF YOU CANT GO HELP OTHERS KNOW ABOUT THIS! stop the corruption and the BS!!
KEEP IT PEACEFUL TO GAIN SUPPORT! BRING THE FAMILY AND FRIENDS!
boxa888 2 years ago
What would our forefathers do? would they Hunt them down and string them up?
zeno57 2 years ago
Thanks Steve Forbes. You have always been a proponent of trying to control the Federal Reserve. We need to AUDIT THE FED, which is actually a bill in committee at this very moment as HR 1207. Please call your Representative and ask them to support it. There are already 124 Co-Sponsors for it. But then we need to keep the pressure on because the Senate will try and pass a bill that takes the teeth out of an audit, much like the current GAO audit authority is extremely limited.
JimLundberg 2 years ago 3
We don't need to audit the Fed, we need to eliminate the Fed. Jefferson warned that the greatest danger to the longterm U.S. was not foreign armies, but the creation of a central bank. Now, 200+ years later, no foreign army has conquered the U.S., but a central bank has taken control of our economic system, and ruin results...
Jefferson was right, Hamilton was wrong.
mhead66 2 years ago 3
I agree that we do need to ELIMINATE the Federal Reserve all together! But we need to take it one step at a time and HR 1207 is the focus of the Sons of Liberty at the moment. If the people see what they are doing, then it should come to a screeching halt.
JimLundberg 2 years ago 4
Down with the Federal Reserve!
Reptilianmuseum 2 years ago 3
Conspiracy yes!!1)Bernanke in 2006 july raised the interest rates to surpising 6.75%.Why?So that he can crush the middle class who took the subprime mortgages.!!...2)George Bush and Paulson knew that 60% of Americans have subprime mortgages, and raising the FEd interest rates people will start paying 12% instead of 3%...Its not the same if you pay700$ a month or 2500$ when they raised those rates..THis is not possible to be payed!!..3)They wanted to hurt China. who? is hurt the most is USA
timsexman100 2 years ago
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july 4th washington dc millions of tea party people. very important one as well! copy and spread! ESPECIALLY IF YOU CANT GO HELP OTHERS KNOW ABOUT THIS! stop the corruption and the BS!!
KEEP IT PEACEFUL TO GAIN SUPPORT! BRING THE FAMILY AND FRIENDS!
boxa888 2 years ago
money system must desappear !
hijode1000puta 2 years ago
there is no suck thing as human nature, but human behavior. its the enviroment that determens our way of thinking.
yz250thatownsyou 2 years ago
If I hear the word mistake one more time I'm going to scream!! It's not mistakes!! It is all by design!!! All intentional!!!!!!!
Psychogenius018 2 years ago 24
@Psychogenius018 I totally agree. When you look at Bernanke, his eyes are always smiling.
If I would be in his place, I would be shitting myself.
He must know something we don't.
pepintheshort100 1 year ago
wow.
CNN International is better than the Standard U.S. CNN.
pepsimannampepsi 2 years ago 5
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USA is taking the line of creating political, financial, social, & religious stunts that play a vital role in moving forward for its global destruction policies to carry out. US govt has slaved its own nation. Born free taxed to death. $ will not be the global currency any more as declared in G-20 meeting. Internationally global policies of politics & trade are quickly changing. If USA wants to keep standing where it was it will have to leave the war track & not violate global peace any more.
yahoovisitor 2 years ago
The Clintons sent dirty manufacturing jobs out of the country and gave loans to people who did not qualify for home mortgages!Gee I wonder what would happen!
fgdps 2 years ago
Wrong you have the old capitalist mentality where only the rich should be allowed to own proprety wich doesn't fit into the american dream or modern society they are getting exploited so they should at least have a place to live and rest!! Clinton brought 12 years of republican deficit to zeoro and guess what?? Bush turnes 0 deficit into a 3000 000 000 000$ deficit so think before you start yapping
twobon 2 years ago 2
What are you smoking!
fgdps 2 years ago
All social systems have certain conditions that must be met in order to obtain some good. In a system of wealth distribution like you allude to, the conditions for obtaining a house are merely being a person! Why would anyone have any incentive to do anything more? 'Market pressure' promotes labor. But, just because our evil version of capitalism (one that is not free) very unequally distributes goods, does NOT mean that the goods obtained by people should not be contingent upon their labor.
navethechimp 2 years ago
i agree with you! if you don't work hare you don't deserve anything but the market is out of control a 4 and a half room appartment in NY with roaches and drug dealers rents for 1000 $ plus excluding the bills so these people have to work 2 jobs and raise a family can they at least get a home for all their harwork it's not their fault if the rich choos to ship the jobs to china to 16 cents per hour. open market was signed in the 80s with mulroney & Reagan not clinton like the guy said!
twobon 2 years ago
Although most in China are living worse off than these New Yorkers? If they are providing a service at a lower price, why shouldn't they be able to provide it? I think many the problems you mention are a result of limited education, and thus poor decision-making and living outside your means, and NOT an 'out of control market'. Unlike ancient and pre-modern civilizations, our children do not give us a market advantage (by providing work), but rather they just cost. The poor haven't adapted.
navethechimp 2 years ago
the reason is simple it creates more poor people you have to provide for with social care when you ship jobs to china so in the end it still cost more to the society the only one taking advantage of it are the bosses when the guy is desperate you think he's going to break in into a 10 million$ mansion to steal? no he's going to break into the middle class hard working man that has nothing to do with his povrety .
twobon 2 years ago 2
Well, by more strongly regulating outsourcing the 'poor people' will also be finding it harder to afford the goods that are now being made in the US. Economics is a very complex subject that can't simply be reduced to wealthy vs. poor. For every elite that wants to exploit the poor, there is an elite that wants to use their power to help the poor. This conversation is over (partly because it's not going anywhere and partly because you don't appropriately use periods or commas).
navethechimp 2 years ago
i knew you were going to bring up that argument, everyone always do. I'll give you one simple exemple to show you that they are not working for better prices for you.... Canadian wood and paper industy was going well and selling wood for construction in the US at the best price on the market making houses and various goods more affordable. You know what happened? Rich peole made sure the government overtaxed canadian wood so the price went right back to the roof lol.
twobon 2 years ago
I' make some mistakes while writing english because my main language is french! And i also speak spanish do you? And yep i'm educated... How come? because here in canada you don't need 20 000$ a year to send your kids to college so everyone has a shot at education so you think it's normal if your kid is way smarter he should work at burger king? while the rich kid who's not half as smart should get his shoot? i'll leave you with one last quote that says it all
twobon 2 years ago
"Owners of capital will stimulate the working class to buy more and more expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalised, and the state will have to take the road which will eventually lead to communism
Karl Marx
PS: feel free to argue the obvious
twobon 2 years ago
"The best way to destroy the capitalist system is to debauch the currency" - Vladimir Lenin
averitas 2 years ago 2
There have to be more international websites for trading, like lots of websites of wall street sectors with discussion boards online, because you can trade online, so why not take the banks on and beat them in the market place?
dh234 2 years ago
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Obama INDICTED by 'Common Law Grand Jury' in Georgia !!!!!!!!!!!!!!!!
see: worldnetdaily - On-line news March 31, 2009, and do your Google search strings. AOL picked it up.
Why can't this smooth talkin sitting President turn over his real birth certificate ?
DONEwCA 2 years ago
watch?v=vitSBqhWjfc
pissysteve 2 years ago
audit the federal reserve at campaignforliberty . com and sign the petition or go to endthefed . us and become a signature gatherer
TheBrothersMachina 2 years ago
I thought Forbes was Ed Herman from The Lost Boys film.
diazrpasion 2 years ago
The economic bust was caused by the Fed -- they forced interest rates below the natural rate of interest, fueling an unsustainable credit expansion boom that resulted in tremendous malinvestment and overconsumption.
Roger W. Garrison explains how the Fed lost its way in this paper: "Interest-Rate Targeting During the Great Moderation: A Reappraisal".
One of the best general articles that explains the economic crisis in essential terms is: "The Crisis in 10 Points" by Robert Stewart.
learninglemur 2 years ago
Am i too smart or what?
if they are giving to banks and more a lot of money to "help themselfes and then help us".... why do not do this...
Already spent: $500.000.000.000
Money to split: $700.000.000.000
USA population above 18 years is: 230.000.000
If we split the money among US instead of big execs and corps and even the same people of the goverment, each one of us will have:
$5.217.40
What do you want? money on your pockets or money on their pockets?
gequiros 3 years ago 3
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LimeInTheCoconut21 3 years ago
Comment removed
LimeInTheCoconut21 3 years ago
So much for Forbes.
He's now asking me to subscribe to his magazine.
Will I?
Will I Hell.
I might if I was a masochist who wanted to go broke really fast.
" On the financial side knock on wood the worst is over" HA....This was October 2008.
This guy's a real genius..NOT
Atom299 3 years ago
The gouvernement knew that for a long time. They just stole our money, they hide it out of us and now that its bankrupt they present Obama as a savior.. he wants us to work for what now that money worth nothing?Bananas?
teutares 3 years ago 3
There is too much money in the world gone to be blamed on fraude. Something else is going on. First they shout and repeat terrorists, now they shout and repeat fraud. Liberties will be taken away and new laws be implemented when most people have no job. The alternative is working for the government controling the poor or go to war. There is where all the missing money will be spent. To create a new society.
zerobubbel 3 years ago
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TICK TOCK
be ready for the new 3 rd world war
jobless men hungry stomach need food on the table join the army and fight for any thing
i guess osama was right we only a big bubble full of fart and he just puncture it
so listen to the Zionist asshole that run the country and people elect them because you have 2 party system one for kkk and the other is for every one else to vote but the nomination goes to the Zionist example
Minnesota Senate election Coleman vs al Franken
we u deserve it
zackmizs82 3 years ago
ofcourse they did.. who is going to join the Army or take all those overseas military contracting jobs if the economy is fine here in America.. DUH! Its all about the war that was started by the corporate zionists.
wildcard21276969 3 years ago
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Nice Video. Check out TubeViews (dotnet) If you need your video exposed, It has really helped me a bunch. Be blessed!
Have you heard of this program that actually send thousands of text messages advertising your business for you, i think the url is w w w . a u t o t e x t s e n d e r . c o m
aanadasha 3 years ago
theres a idea called the McLaurine plan which consist of rolling everyones credit score back up to 680 and people who have good credit gets AAA or a bonus reward of some kind... I'm not a expert just want to see what the real expert like your self think of such a plan.
mindmunk111 3 years ago
Open source consumer banking, we don't need banks anymore.
Napster
chewbaca1989 3 years ago
Rothschild Bank of London
Warburg Bank of Hamburg
Rothschild Bank of Berlin
Lehman Brothers of New York
Lazard Brothers of Paris
Kuhn Loeb Bank of New York
Israel Moses Seif Banks of Italy
Goldman, Sachs of New York
Warburg Bank of Amsterdam
Chase Manhattan Bank of New York
shitassedshitmaster 3 years ago 4
Ventura or Bust in 2012.
StoneWallD 3 years ago
End the Fed
MW2772 3 years ago 4
everything is fine your govt loves you and will take care of everything
stillrob420 3 years ago 7
Perhaps we should try GWB for economic incompetence too.
janadp01 3 years ago
Friends, can anyone help out this guy on why usury is bad???
Easydollars 3 years ago
I think hugolp gave up, would you now like to convince me why usury is wrong? Or can you not defend your own statements?
amcnea 3 years ago
I'll be happy to explain why usary is wrong. It starts with the Bible, the Quoran, and many other ancient religions books and belief systems. These ancients weren't forbiding usary for no reason at all. Just like they didn't forbid murder for no reason at all. Usary = Slavery. Usary is wrong for the same reasons slavery is wrong. People with power and money should not be allowed to buy/own the lives of others. It is this very concept of being so wealthy that has made America inherantly lazy.
illuminosticated 3 years ago
First off the Bible and the Quran don't mean anything to me. The ancients were idiots, but that is a different conversation.
Usury = Slaver. This is wrong. Usury is freely accepted by both parties. Slavery is imposed by one over another.
Usury doesn't mean you can buy/own people. Usury means you are loaning someone money with interest.
Usury didn't make American's inherently lazy, that was mostly the government. But again this is a different conversation.
amcnea 3 years ago
actually one of the key issues in the BIBLE worthy in my opinion relates to USURY in all its evil forms. The people behind USURY need their heads cut off for there EVIL. People eventually are going to become increasingly angry with our governments. This maybe by design because everything is about controlling people as slaves.
POWERequalsGOD 3 years ago
You are confusing the government with usury. Yes the government is trying to enslave people, and the government is evil.
Yes the government uses usury in an evil way. But the government also uses computers in an evil way. They also use paper and pencils in an evil way.
There is a difference between something and how the government uses it. I covered this in my previous posts with hugolp. I don't want to have the exact same conversation so please read the previous posts.
amcnea 3 years ago
Here is a hypothetical.
What if conditions are manufactured so that Usury is unavoidable?
jailarson 3 years ago
Then the manufactured conditions are the part which is wrong. The person manufacturing conditions is wrong, and he is misusing Usury. I am not saying that Usury can't be misused. People can misuse many many thing. Usury is one of those things which can be misused.
amcnea 3 years ago
you seem like a huge proponent of the concept of usury. Who do you really work for...the banks??
ikbjwd 3 years ago
No, I am a free lance (work for myself) computer programmer.
It's just no one has given me one decent reason as to why usury is wrong. I am a huge proponent of freedom, and in my book you have to have a damn good reason to take away someones freedom to do something. This includes usury, even though I personally have no special love for usury.
amcnea 3 years ago
Well here's a reason. The interest compounds. The value of what you bought is inflated although the principle holding does not (eg. house) Instead of having a set dollar figure to pay back within a certain time, we have a floating value on items based on interest, not on value. When you cannot pay the debt because of temporary layoff or complete job loss,or disability, the interest piles up. You can never pay off the amount owing and get further in debt.
SuperNewf1 3 years ago
This leads to emotional problems brought on by stress and even complete mental breakdown for the hapless victim of usury. If the banks could guarantee I would make a certain amount of money and always have enough to pay the principle and interest of my loans then fine, but they don't. So, when in financial difficulties, the banks not us, because of usury, add to our personal debt. We are then losing our property to pay this artificially inflated debt.
SuperNewf1 3 years ago
"The interest compounds."
And this is known before you take the loan. No one is forcing you to take it.
"The banks don't need to make a guarantee, you do."
Your the one asking for their help, for their money. The banks are taking a risk by loaning money to you. They may lose on the deal and never get a significant percent of their money back. Interest on low risk loans compensates for the loses of high risk loans.
Also, the debt wasn't artificial, it was agreed on by both parties.
amcnea 3 years ago
The "agreement" of debt is based on both parties being informed to make a judgement on the risk and value of the loan. The mortagage market in the UK was offering 100-110% mortgages before the crash - unless they knew that the economy would continue to grow (obviously it didn't) this is simply gross negligence.
Surely the banks wouldn't lend you money if they thought it'd leaving you only paying interest for the rest of your life?? yeah right. to absolve the banks of responsibility is obscene.
illeatyourfaceoff 3 years ago
You fail to realize it takes two parties to make an agreement.
If a bank makes a loan in which the other party is destined to do nothing but pay interest on that loan, then the other party simply should not pay. He can file for bankruptcy and takes the banks money, and the bank can take the loss.
You speak as if just because a loan was made, the party taking the loan will slave and toil to do nothing but pay it off. It is more realistic, in such an event, that the bank will lose the money.
amcnea 3 years ago
No, my point was that the customer can rarely make a truly informed decision on the market as the bank can - therefore any agreement must be taken with trust in the institution. I'm sure people who had money lost in Iceland, Northern rock etc. trusted their bank to look after them.
Most people want to work hard, pay taxes, and have a comfortable home.
You seem to think its acceptable to deliberately lead people to bankruptcy! So the bank loses some cash and you lose your home? nice one.
illeatyourfaceoff 3 years ago
I reject the notion of a completely incompetent, retarded, child like populous that must be protected by Mommy and Daddy government from every possibility which life can offer.
A customer who does his homework can make an informed decision. A customer who doesn't may have to pay the price for that ignorance.
If a bank commits fraud, then they should be arrested for fraud. But if it is a legitimate deal between mutually agreed parties, I don't see the problem.
amcnea 3 years ago
There are aspects to it which can never be predicted (job losses, illness, wars etc) and the banks could not protect us from, fair enough.
But we are talking on a larger scale here-for Christ's sake check the name of the video we're commmenting on!!
PAY THE PRICE FOR PROVIDING A HOME FOR YOUR FAMILY?? SO POOR FAMILIES DESERVE TO BE MADE HOMELESS, HAVE CHILDREN PUT IN CARE??
Maybe the bank manager could have advised them to save the deposit.
And maybe the Rothschilds et al should fuck off.
illeatyourfaceoff 3 years ago
First off, the government plays a large part in all this. They made it illegal for the banks to refuse giving loans to lower income people. And you expect them to protect us?
If you didn't realize it, the banks needed to be bailed out because of this. The banks were going into bankruptcy along side the poor people loosing their homes. I don't think the banks should have been bailed out, but that's a different conversation.
You are distorting the facts to make everything look one sided.
amcnea 3 years ago
watch the video again, do some reading on the elite families who control the "national" banks of the US, UK and most of Europe. These are not people you will ever make me feel sorry for.
Nice try tho (;
illeatyourfaceoff 3 years ago
Now your off topic. This thread wasn't about the federal reserve, or the banking institutions. This thread is about usury.
I have no love for the banking industries. The problems arrive because of Government involvement in the market place. The Government protects banks and corporations at the expense of citizens. This is the problem.
To say usury is the problem only hides the true problems from view. As I said there is nothing wrong with usury, it is the government which is wrong.
amcnea 3 years ago
You miss the point. The money is printed by the treasure at the request of the Federal Reserve. They are loaning money out at 1/4 % annual interest or less. And yet your local bank has no access to those funds. Only the big banks - the very banks who caused this crisis. Ironically they are the banks who get bailed out.
Lawyerdude 3 years ago
What point am I missing? I understand everything that you said.
amcnea 3 years ago
Funny how everybody is now an Expert on how the Federal Reserve Stuffed up and ripped off
people. There is only one Holy Book that states
that USURY is Forbidden. THE HOLY KORAN.
Easydollars 3 years ago
What's wrong with usury?
His first sentence is, "I think it begins with our own central bank, the federal reserve, which 4 years ago created excess liquidity ..."
The Fed creates liquidity by lowering interest rates. In other words, the problem was the Fed was not committing enough usury.
Why should someone not get a return when they risk their money? Why would anyone ever give you a loan?
So again, what is wrong with usury?
Note: I am not defending the Fed, I am just defending usury.
amcnea 3 years ago
Because usure is a fraud and to repay the debt with interest you need to increase the amount of money. And if you do increase the amount of money you create inflation.
hugolp 3 years ago
I don't think you know what usury is.
Usury is charging interest on money which you have loaned out. If you are risking your money by giving it to someone else, you should be compensated for such risk.
The federal reserve prints money, and loans it out. The problem isn't the loaning of money, but the printing of money. The Fed commits fraud by printing money, and that is wrong. The Fed is wrong, and by extension the American Gov is wrong.
But, I still don't see what's wrong with usury.
amcnea 3 years ago
Ill reapeat it: Because to repay the debt with interest you need to increase the amount of money in circulation.
hugolp 3 years ago
No you don't.
I can barrow $100 from you, and pay you back that $100 and an additional $10 in interest. I can earn this $110 from someone else by working for them. This is usury, and does not increase the amount of money in circulation.
The central banks printing money is what increases the amount of money in circulation. And yes the central banks add this money into circulation through usury. But usury is not required to increase the money in circulation. Printing is.
amcnea 3 years ago
But who creates the money? the central bank, so everybody has to borrow money from the central bank (in our case inderectly). Let me put you a simple example: if the central bank creates 100 dollar and lends 10 dollars to 10 banks, and the banks have to give back 1 dollar in interest. So now everybody has to give 11 dollars to the central bank, that makes 110 dollars have to go back to the central bank, but only 100 dollars are in circulation, so someone is not going to be able to repay.
hugolp 3 years ago