Just a Reminder about your Friendly Neighborhood Federal Reserve

[coffeenottea]

This has "half the story" written all over it. Hmmmm... I wonder why the government needed the banks to buy those treasury bonds.

and... "Bush could have bailed out all the homeowners who were screwed into exploting mortgates ... moving them all over to long term low interest government financed mortgages."

Sure, those house buyers were FORCED into buying houses at crazy prices, and oh nooo, the rent for an equivalent house wasn't meanwhile dropping while the house sales prices were going up.

[liltomato]

@coffeenottea It's something else entirely to build detrimental mortgage deals relying, urging and convincing people to make bad decisions. Let's also not forget about the lying and falsifying of documentation to get people approved for these bad loans, just takes a few keystrokes to find examples.

Bottom line is our people are paying a privately owned bank to print our money out of thin air, and then charge us for it when our government has it's own right to produce its currency.

[liltomato]

@coffeenottea Way to dodge the important points to be taken away from this video. I also agree with the below posters that the commentator is neglecting to due blame on the democrats.

Our founding fathers must be writhing in their coffins right now.

[vanhattan1]

I agree with the posters below. The Democrats are equally as responsible for this gigantic fraud as anyone. Hell, even the POTUS keeps saying 'we must look forward, not backward' even as the theft of this money by gigantictom proportions continue under his PRESENT watch. Not one single indictment. Pathetic.

[Biggman1611]

The guy has some good facts etc. But he is not the sharpest knife in the drawer when it comes to making conclusions regarding a solution. The dems and repubs are just two heads of one corrupt monster!

[braggbear]

Blame should also be put on the Fed. If interest rates were at market levels, and not artificial levels, this could never happen. Begs the question of whether or not we should get rid of the Fed or at least regulate it.

[thomasdt12]

This guy sure tells half the story....Just Sanders??? Really?

Ron Paul had nothing to do with it? Right?

Really?

[thomasdt12]

This guy sure tells half the story....Just Sanders???  Really?

[sugershakify]

It was Bush AND the Progressive Democrat controlled congress that bailed out the banks. Tell the WHOLE story. Trickle down does work. Progressives will just make things WORSE. Reject the neo-con Republicans AND the Progressive Democrats, both are owned by the bankers. Freedom requires neither.

[crawlars]

A good simple explanation but you totally devalued this video by going all-democrat at the end. Stupid.

Both parties are equally responsible.

[EmmanuelGoldstein198]

You had me until you said that the Dems have no reason to continue to subscribe to the proven false trickle down theory. They sure do and it's the same reason as the Reps - campaign money from the financial sector. That is why both major parties are equally BOUGHT when it comes to this topic. In 94% of races in the last election, the candidate with the most money won. This is why when it comes to the financial sector, there's no real difference between Dems and Reps.

[joebarcelona]

Who voted for it? Does anyone have a list of names?