Markets continue to unravel

[mengwise36]

Like I said, dumber by the minute. Tick tock.

[mengwise36]

At least you know when you lost an argument. You want some cheese with that whine?

[mengwise36]

There are no dumb questions. Only dumb answers. You feel your dumbness yet? Wait, you are probably too dumb to feel it anyways. 

If you want to spread BS, at least get the year right. It is 1615, not 1645. What a dumb ass.

During World War II, the Second Army and Chugoku Regional Army were headquartered in Hiroshima and Nagasaki was a major Imperial Japanese Navy base. Could that be the reason why they were bombed?

[mengwise36]

Actually, I said "The way money is created in this country is the root cause. " You are getting dumber by the minute.

[mengwise36]

Why don't you look into Inca history? Or any civilization existed on this continent BEFORE the "whitey" came? The Native Americans had slaves LONG before the British could sail to Africa.

You are so stupid it is indeed laughable.

[mengwise36]

You need to learn more about history before you open your fucking mouth. Slavery existed for thousands of years. 1465?

You are so stupid it is indeed laughable.

[mengwise36]

I can only read Chinese and I only know Chinese version of Chinese history and world history. Can you read over 1000 languages? You are either superman or a super liar.

How can your ancestors write about Chinese history? Yet, you claim you know more about Chinese history than I.

You are wrong and you are stupid. End of story.

[mengwise36]

1. Which part of the history are you talking about? Ancient? Modern?

2. Since I am not Truman, I can only guess. If Truman had bombed Kyoto and Tokyo, there will be no one there to order the surrender and Japan just might fight to the last man.

3. Who is buying into the European history now? Columbus KNEW about America before he set sail. He did not ran into American on his way to India.

You are so stupid it is indeed laughable.

[mengwise36]

Like I said before, do you have some secret true world history written in a language only you can read? If not, shut the fuck up.  You just make yourself look stupid, over and over and over and over again.

You are wrong and you are stupid. End of story.

[mengwise36]

So now I am a Chinaman wannbe? Does that mean I want to be a Chinaman? Or I am a Chinaman who want to be something else?

You are wrong and you are stupid. End of story.

[mengwise36]

"Chinaman wannbe jesus freak"? Wow.

You are wrong and you are stupid. End of story.

[mengwise36]

Now who is being brainwashed by the "whitey"?

And how do you know what happened in Europe and Asia? Did your elder tell you all that? And how did he learn? Did the "Americans" rule the Ocean without anyone knowing about it? Did they document the TRUE world history in some secret text only you can read? I don't need a white man to tell me China had 5000 year history. I did learn from a white man that China fueled the Renaissance. I take pride in that. What do you take pride in?

[mengwise36]

Learn some history, dumb ass. 500 years ago, the "whitey" barely learned how to sail the ocean. They got to America because the Chinese gave them the map. British did not control India until 1865. The First Opium War, which marked the beginning of China's humiliation for 100 years, was 18391843.

[mengwise36]

You can call it Genocide when you get to re-write the history book. Until then, it is not called anything.

[mengwise36]

Actually the Chinese jump started the Renaissance in 1434.

[mengwise36]

Last time I checked I did not participate in any "EVIL COLONIAL THUGGERY GENOCIDE OF REST OF FREE&CIVILIZED MORAL MAJORITY OF HUMANITY" so your comment was obviously stupid implying that I should not venture out of China.

The Europeans could not wipe the Chinaman out even if they tried. We had all the illness they had and we had better medicine than theirs. We invented gun powder and warfare.

Here is a freebie: The boxer's revolt was not against the "whitey" but against the Qing Empire.

[mengwise36]

It is true that the Han kicked the Mongols out of China. But it is also true that the Han did not kick out the Manchurians after they conquered China.

Which history will repeat itself?

Also remember, the Mongol or the Manchurians never exterminated the Hans like the Europeans did to your ancestors.

[mengwise36]

I take it you think you live in a slum so you are calling everything a slum. I feel sad for you.

You can't teach anyone any tongue because you were wiped out as a civilization. Sad, but true.

[mengwise36]

"Chainaman LIVE IN CHINA". That is the stupidest statement yet. Are you saying if I am Chinese, I am not allowed to travel?

Dumb asses like you is probably why the Natives were wiped out.

[mengwise36]

I learned English when I was in China. Too bad none of your 1000+ American Native Languages were any use for me. Too bad none of your 1000+ American Native Languages were used in the university I attended. Too bad none of your 1000+ American Native Languages were used by my co-workers.

I am sympathetic to those Native Americans who were exterminated by the Europeans. But if you think you can kick out us foreigners, you are plain dumb.

[mengwise36]

It is funny a moron like you would call me a "dumbed down chinaman".

It is also funny that I am an atheist and you keep talking religious bullshit with me.

It is even funnier that you would call me "cummies" like your "whitey" masters. Did they teach you the "red fear"? You are sooooo stupid.

This is my home now whether you like it or not.

[mengwise36]

It is funny but I came to USA on a USA visa and became a citizen of the USA. Where is your homeland? From Alaska to Argentina? Did you know Argentina is a Latin word? OMG, you are a whitey and did not even know it. LOL

[mengwise36]

I am from China you moron. The Mongols ARE and WERE NOT Muslims.

[mengwise36]

You are wrong and you are stupid. End of story.

Mongols are Muslim, too? You ARE a fucking retard. And since you are wrong about the Mongols, might you be wrong about your own history?

[mengwise36]

And how did this land become YOUR land? While I don't agree with what the Europeans did to the Native Americans, history is full of conquests and expansions. You think the Persians like being defeated by Alexander? You think the "WHITES" like being conquered by Muslims? You think everyone in Asia like being conquered by the Mongols? Grow the fuck up.

[mengwise36]

You are wrong and you are stupid. End of story.

BTW, repeating the truth does not make the truth less true.

[mengwise36]

You are wrong and you are stupid. End of story.

[mengwise36]

You are wrong and you are stupid. End of story.

[TheAnarchist33]

Stop talking shit on the net, get a gun and fight you fucking twat! A little less conversation, a little more action! Whining on the net will not make whitey go away, it will only make you look retarded!

[cianapa99]

I cant wait till America falls so idiots like you will get all your dreams. Cement shoes since you dont no how to work and shut your mouth!!!

[tomasleeman]

Leverage, legislation and low interest rates caused this. 1999 Gramm leach bliley, 2000 commodity futures modernization act need to be repealed and big investment banks lobbied for 1 to 40 capital reserve need change back to 1 to 10. Credit default swaps and CDO's need to be standardized, traded on organized exchanges, price discovery and regulated by either CFTC or SEC. The value of property will countinue to fall back to the historic mean. This will get worse before it gets better.

[TheAnarchist33]

Dear EvilColonIntestine,

Why the fuck don't you organize and fight us, like they are doing in Iraq? Evil whitey is slowly disappearing from the Earth thanks to multiculturalism and interracial reproduction, be patient! Soon there will be enough Muslims in America to make you wish the Brits would come back! If I could, I would move to Europe, it'll be the most powerful force on Earth when your racial civil war dismembers the US!

[UR123GoFly]

Sorry , I was wrong.. I used number for oNE year.. In 5 years ( Iraq 4711 USA solders died)

there had been 75,000 (yes seventy five thousand) children, women and men killed by drunken drivers.. Where is CNN, TIMES, NEWSWEEK.. Are you NOT shocked by these numbers ??

[UR123GoFly]

Number of US PROFESSIONAL SOLDERS died in IRAQ in 5 years : 4177

Number of INNOCENT CHILDREN, WOMEN , MEN died on USA highways killed by DRUNKEN DRIVERS: 15,000

NO COMMENTS..

What Wall street losses ? For 8 years, investors were making BILLIONS.. Now , investors are loosing BILLIONS.. That is the way it supposed to work , right ?

[spanishaustralian]

James Gailbraith is clueless.

[TVParkdale]

RE: ColoialismIsEvil:

The bottom line here is trolldom not education nor actually caring about the topic.

I suggest the "block button" so one does not have to wade through these illiterate screaming trash statements to get to a real discussion.

[mengwise36]

The Vikings probably found America by accident. Columbus on the other hand, had a map that showed him Americas. He came for fame and fortune.

A lot of Europeans came for fame and fortune. A lot of them came to avoid religious prosecution. They came for a lot of different reasons. To think they all came for some "promise land" is stupid.

I do have one question: "What is with all the caps?"

[TVParkdale]

mengwise:

Much of North America was actually populated by people that were deported from European countries for criminal offenses. Some of those crimes were as ludicrous as stealing a loaf of bread to keep from starving. Some for worse crimes, including rape and murder.

Many Irish fled the potato famine. Many Scots shoved off their own land by greedy lairds.

The standard 'pilgrim story' is a lie. In that, ColonialismIsEvil is correct.

The "big bad savage" stories are lies.

[TheAnarchist33]

A lot of them were prisoners who were forced to cultivate the land, just like Australia and many other British colonies. Only the poor and desperate were crazy enough to sail across the Atlantic voluntarily. The world doesn't change...

[TVParkdale]

TheAnarchist33:

Exactly.

It''s common in Canada for poverty and Native activists to join forces in common struggles. [see OCAP and Shawn Brandt/roadblocking for one] because most of us see the common enemy as colonialist imperialism and greed, not people who suffer from the same struggles we do.

All people want the same thing. Food, shelter, healthcare, political and economic autonomy.

Those aren't unreasonable demands from anyone.

[mengwise36]

One flaw in your statement. Who do these prisoners cultivate the land for if only the poor and desperate were here with them? Are you saying all the land owners were poor and desperate? How about lord Fairfax? How about the Pen family?

[TheAnarchist33]

The land wasn't stolen, it was bought in a legal and orderly fashion. Whitey traded Canada for a case of booze, a few mirrors and boomsticks with no boom. It's not our fault you can't do business right. If your people would've negociated a percentage on all profits, you'd be a fucking millionaire!

[kokobaboko]

Boy, you are a real piece of work. You and the rest of these slave who are reasoning at the level of cavemen. If you read a book once in a while you would find out that they concept of "race" is an absurdity given the fact all humans are related by blood. You are just playing into the hands of your slave owners bickering points of your preprogrammed bigotries and ignorances.Their are no races besides the human one and there are no countries, it's a round world last time I checked.

[TVParkdale]

TheAnarchist33

I hope you're being factitious.

[TheAnarchist33]

It's what they taught me in History class. Later on the British appeared and that's when wars erupted with the Natives. The French came before and they had a little more respect, the Natives where happy to share and trade with them. The Brits are the thieves who took everything by force, even New-France (Canada).

[TVParkdale]

TheAnarchist33:

The other problem was a dissemination of disease, through both ignorance and deliberation, that wiped out huge cities/towns and communities.

Without that biological warfare, it would have been impossible and Europeans would have continued to come slowly, then be incorporated into Native culture, not the reverse.

Also, many wars were fought [including 1812 and the American revolution] by primarily Native forces.

And yes, we're very inclusive:)

[mermadeinheaven]

Dude, everyone feels sorry for you because you've actually become the racist idiot that you bitch about.

[mermadeinheaven]

Appreciate that "whitey tribes" allowed you to have a computer to bitch with. If it weren't for "whitey tribes" you'd be drawing your racist messages in cave paintings. lol

[PersonalJesus348]

no one has had money for ages. Everyone pays with debt. Its become a contest on how much debt you debt. The less the more status you have.

Why not skip all that and just go to the meat. If you have the money, buy it.

[raulitech]

You are crazy! See a psychiatrist you need help.

[cianapa99]

Selfrighteous!!! You should take a better look in the mirror. Thats like calling the kettle black. Hope you saved some money, no more freerides America broke unless your of the click.

[monkeypeopleofearth]

another drunk Indian on a computer.....fuckin dumbass redskins couldn't even figure out how to invent the wheel.

[kiljoy34]

you so-called white people are red not indians devil

[monkeypeopleofearth]

we should have succeeded in the genocide as originally planned, the US would be a better place

[kiljoy34]

mark my word cracker genocide will happen to you an your people real soon....i guarantee it

[miksajlo]

US and the western Europe are going down the toilet?

Good jooob!

Just imagine how much less wars are going to be, the price of oil is going to be cheaper, less pollution, less mind pollution...

Our civilization will finally advance after few hundreds of years of backwardness!

[crazycatfguy]

My local store sells drug scales, baseball hats that say pimp, and a brand of sunglasses called gansta brand.(not to mention fake bling and 40's of cheap malt liquor). I don' see any white trash buying any of this shit so what sort of trash could be buying it?

[crazycatfguy]

Dear colinshitforbrains. White people can't buy anything someone else is not willing to sell so if your own people in Africa sold you out go to Africa and bitch at them. We might be willing to take up a collection to send you back to Africa but you would have to buy your own assault rifle to have a chance of surviving.. If we did which country in Africa would you be least afraid to live in?

[TimberGeek]

Eliminating the IRS would free up a lot of cash for consumers and save the Gov't some payroll and infrastructure expenses. They could keep a few agent/accountants for regulatory purposes and roll the rest out into other agencies and the private sector. Of course you'ld then need to make an adjusment in legislation to get employment growing as quickly as possible.

[julianhpike]

you are correct, however; the federal reserve would never let that happen... gotta pay the interest on the money it loans the government somehow...

[AvangionQ]

We are on the verge of the next great depression -- if we deny this fact, the crash will be severe and we won't be prepared for it; if we accept this fact, we can attempt to take measures to mitigate the depression into a manageable recession. The choice is ours in the politicians we select.

[crazycatfguy]

Dearcolinshitforbrains. You wake up. The "writer" of "Roots" paid nearly 3/4 of a million dollars for plagiarizing a novel called "The Afrikaner" If Africans did not invent slavery they certainly tried to perfect it. The white man did not run around kidnapping blacks from their huts they bought slaves from African slave traders who were kidnapping them from their huts. Learn some history or STFU.

[TVParkdale]

Okay folks

ColonialismIsEvil is a plant or non-native racist.

How do I know? Because I used to be a Trad. [traditionalist].

And not one word spewing out of his mouth that I have ever seen has *anything* to do with actual Native philosophy , predictions or traditionalist values.

SO if you want to convince me that you are NOT just some a-hole, Colonialism--write in your traditional language.

Meegwetch wimptiguishi.

[delerium2k]

DOW closed today at massive 678 point drop.

RealNews.... please do a report on the coming quadrillion dollar derivative bubble burst. Look into derivatives trading in 'dark pools'.

Absolute insanity what's about to his us economically... we haven't seen anything yet.

[karinablack]

Mmmm... you continue to dazzle me with your eloquence and wit :)

Though.. it would be preferable for you to ask your parents' permission before engaging in online debate.

Were you making a point?

Honestly it's completely unclear what it is you are attempting to convey.

If I'm deciphering your barely-coherent drunken code correctly, because I'm white I'm in the KKK? And... because I'm a Christian I'm a bible beater?

Fascinating extrapolation. I'd get that looked at.

[deliciousmorton]

Let It Collapse 2008!

[crazycatfguy]

Dear mycolonisasfullofshitasmybrain­. What makes someone become obsessed with making a fool of themselves on the internet? I keep asking cumcatcher888 but he is tight lipped. Will you tell me?

[karinablack]

Anal-cranial inversion :(

It's sad, really..The relative anonymity of the internet makes available such opportunity for honest and thorough discourse and then.. things like these happen to clutter the airwaves.

[odin422]

Obama and McCain are related by blood.

[Snowflake70]

Can someone please address the 3rd party candidates?

They've been talking this stuff for months if not DECADES !!!! ! ! ! ! ! ! ! !

[karinablack]

RealNews has incorporated a lot of talk from Nader and Ron Paul in many of their broadcasts. It's lamentable they aren't taken more seriously in mainstream society- I agree with you completely. It's been interesting listening to those perspectives; I'm genuinely hearing things I never have before thanks to YouTube and this channel!

[monkeypeopleofearth]

don't forget Chuck Baldwin of the Constitution Party, they believe everything the Libertarian Party does, except the Constitution Party has a strong stand on keeping the borders secure.

[RationalLiberty]

and the constitution party is a theocratic party, while the libertarians are more accepting of abortion and freethinkers.

[jimbonumber9]

Ezekiel Chp.15:7- And I will set my face against them; they shall go out from ONE fire, and ANOTHER fire shall devour them; and ye shall know that I AM the LORD, when I set my face against them.

[karinablack]

Proverbs 31:6-7 (NIV) Give beer to those who are perishing, wine to those who are in anguish; let them drink and forget their poverty and remember their misery no more!

[EMPIRE0FLIES]

This guy wants to solve the problems of inflation with more inflation. Its not going to work!

[karinablack]

Dude, Goodwill has nice keyboards for 2 bucks. Get one whose caps lock key doesn't stick :(

[crazycatfguy]

I have heard that vomiting cheap malt liquor on your keyboard will cause the keys to stick.

[karinablack]

giggle

So will mashing your head against it repeatedly, APPARENTLY. *lol*

[mengwise36]

I take it you are one of the surviving Native Americans. While the "whitey" from Europe was indeed unfortunate for your ancestors, it is not the root. Colonialism is not evil. Religions that demonize other cultures are evil. Do you care to go back further?

[historywillabsolve]

and? who cares? i'm not supporting obama, or anyone for that matter. i'm against the whole stinking rotten US political system.

[monkeypeopleofearth]

I guess they have computers in insane asylums now....Do you speak english as a first language?....because your writing is indecipherable and incoherent

[XulChris]

You can't fix the problem by stabilizing housing prices. You have to let the market correct, and housing prices need to fall and people need to foreclose and investment banks need to fail. If you continue to try and prop up housing prices, you will not accomplish anything except a destruction of the currency. Atleast this guys is not as idiotic as that Leo Pantich moron.

[karinablack]

I'm not sure that's the answer.

Banks are foreclosing in a misguided attempt not to go out of business. But people can't pay to buy up the foreclosures, and owners can't pay their original debts- they've been "downsized." (Generalities, naturally speaking but it rings true for so many in my community.)

There are just so many layers. It's so hard to get/keep a job when you're homeless.

[monkeypeopleofearth]

LOL, i bet your obese face is red, and your mad as hell huh?

[monkeypeopleofearth]

ATTENTION on YouTube will starcatcher888 please move your pick-up truck from the entrance to the trailer park The KLAN meeting will start soon, and its blocking the parking lot

[karinablack]

LOL!

[monkeypeopleofearth]

let's face facts starcatcher888, you cut and paste 75% of your comments from your White Supremacist websites. You are a CLOWN, and everybody knows it

[monkeypeopleofearth]

thats cool....except one thing.....I'm not a democrat, so I could care less....as a matter of fact....I think Nancy Pelosi is a traitor and should be tried for treason.

You still wearing your KKK robes when you post on youtube starcatcher888?

[karinablack]

oh God is that kid annoying, or what?? He just goes from video to video trolling. He has no point to make, isn't changing anyone's mind with his hate, he's just out to start arguments to fill his time. What an empty life!

[monkeypeopleofearth]

Please disregard starcatcher888. He is a White Supremacist who spreads his hate all over the web. Try googling starcatcher888 and see his racist attitude on blogs, forums, newspapers, and here on YouTube. He hates anybody that is not white, christian and American.

[karinablack]

<-- white

<-- Christian

<-- American

He still hates me. I have this nasty habit of thinking for myself and railing against hypocracy. When oh when will I ever learn my place is back in the kitchen, barefoot? :(

[TVParkdale]

monkeypeopleofearth:

RE: starcatcher888

Don't feed the trolls;x

[karinablack]

Eek, good advice. Forgetting that they constantly seem to consume and thrive off their own excrement... ;)

[monkeypeopleofearth]

lol....whoops

[sirellyn]

They still aren't addressing the spending. You can give someone a tax cut all you want, but if they are still spending the same (or bailing out more) the inflation created will far offset any tax breaks given.

It's useless unless you cut spending.

[mengwise36]

The way money is created in this country is the root cause.

[monkeypeopleofearth]

exactly mengwise36. DEBT=SLAVERY.....and that's how the people who are really in charge, control the population

[hasatum]

I was under the impression that "The Real News" was supposed to be not only non-partisan, but politically neutral. Instead what it increasingly looks like is it's "non-partisan" only because the Democrats aren't liberal enough for them. I certainly don't mind hearing from leftists, but seeing people like Ron Paul, I had really hoped that I was going to get the other side of the argument as well. I haven't heard anything but free market bashing for weeks and it's getting really old...

[sweetpotos]

Where does it bash "free markets" in this segment? Considering the constant mantra we've been forced to endure for almost 30 years about the omnipotence of the "free market", a good bashing is well deserved.

But the Real News hasn't even engaged in that. It has exposed the hypocritical use of "free market" policies for class war by the rich, it hasn't criticized it on the theoretical level at all.

[XulChris]

The speaker is arguing that government needs to fix housing prices instead of the free market letting housing prices fall, and people foreclosing and investment banks failing. The past 30 years have been anything but a free market. By definition, you cannot have a free market and a Federal Reserve at the same time. Stop being a Sheep, and wake up.

[sweetpotos]

You call me a sheep? How hilarious! I'll tell you what Mr. "free market", I'll "wake up" just as soon as I stop getting messages from robots.

I didn't claim the last 30 years were a "free market", if you bothered to read you would know that. I'm not proposing anything for the crisis, I hope this despicable slave economy collapses. I was defending the Real News for actually giving the perspective Corporate media would never give. You'd never seen Galbraith on Fox News or CNN, that's for sure.

[hasatum]

I don't complain that I have hear socialist bang on, and I'm worried about you if you resent the fact that supporters of the free market continue to exercise free speech. My point was about bias. I do not believe that the media has been overly "free market" biased, but even if it has, that would not justify a new bias now. I want to watch the news, not propaganda.

[sweetpotos]

First of all, the Real News gives only a moderate left-wing perspective which would be the absolute bare minimum necessary if we had a real democracy. There are certainly no socialists at the Real News, and it's message is far from socialist; it is left-democratic. I know you "internet libertarians" are true believers in the free market, but the corporate media which rabbles on about it is not. They are hypocritically serving their class interests. The Real News is 100% right to point this out.

[sweetpotos]

All news is propaganda, by the way.

[spanishaustralian]

im starting to think even this real news is propaganda. this is no solution these people are so fucked.

[monkeypeopleofearth]

considering that every American citizen will be paying for this for the next 5 generations, I don't thinks it's so out of place

[historywillabsolve]

hey starcatcher: take your meds. please.

[monkeypeopleofearth]

starcatcher888 is a TROLL, which extreme racist tendencies. Please DO NOT FEED THE TROLLS

[cragww]

This crises is happening by design. This has being planed for yrs & their(elite) only implementing it now so their baby(NAU, NAFTA & the Amerio) can come in to existence. Know what I mean? :-)

[chooeychoo]

you can't find a more qualified economist than JKG. Good job TRN team.