The best option is to have a National Default Day in which, everyone pledges to default on every loan they have from any institution that has to comply with Federal Reserve charter. . .
Haha, YES YES! Now we are talking! After all, these things are just pieces of paper. Do they really have that much value? Save the environment by defaulting!
Why hide your face? You do realize if they want to know who you are it is easy with IP addresses, YT, your local isp. How do you think child porn peddlers get caught?
Unless you are uploading at a library and you hop on someone elses computer.
Haha, of course they can catch anyone they want to. But what crime have I commited? I'm practicing "Free Speech." What difference does it make what kind of hat I wear while I'm expressing myself?
Well you and I agree you have done nothing...the nwo will lable you a homegrown terrorist for speaking the truth though...I thought that is why you wear the mask.
I find the mask makes me more comfortable when I am editing my videos. It's like I'm watching a different person.
As for the terrorists, I'm sure that the government is busier chasing down bin Ladin in the Middle East over some guy responing to a financial guru, haha.
If he is smart he could easily use a proxy that would mask his ip, or use an unsecured wifi hotspot. There are ways to make it difficult to trace. Besides, in a court of law all you have to do is introduce reasonable doubt. If his face was completely exposed then reasonable doubt would be out the window.
How do you know my face is Ricky Martin handsome, though? For all I know, if you saw my face, you'd ask me to put back on my mask. And that would REALLY hurt :(.
Remember, it's confidence in the banks that keeps them in business. There are other things that could kill them with this bad publicity that vaults full of paper cannot protect them from, such as their fragile stock values. Also, the investors who are investing in their diluted stock could be scared away from actions like these, further burying them.
on the bank balance sheet, debt is a credit and savings a liability. if the fed can get banks to buy one another (BoA and merrill lynch), they can certainly get banks or other sectors of the financial industry to pump money into the stock market. you can see market manipulation when gold stock hasn't broken the $1000 mark and inflation is rampant
Ah yes. They manipulate the market often from the top. So this would be a similar manipulation from the 'bottom,' so to speak. But the banks will have a hard time buying up another toxic asset ruined bank and risk becoming target of bank runs themselves by angry bailout activists. What could they do then?
the problem as peter schiff has pointed out is the toxic assets are the sub prime mortgages. the only way they hurt the banks in the short term is if prices fall and theres no one to buy them. the government is aware of this and is trying to keep prices where they were prior to the collapse. getting people to buy would mean fixing the economy. which the government can't do. any run on the banks will be met with more tarp money until hyperinflation.
Wow, you're so brave, hiding behind that mask.
ProtestantsRUs 3 months ago
Jean Claude van Dam is that you under that mask? Stop fooling around and cook me some dinner.
buzzz121 2 years ago
The best option is to have a National Default Day in which, everyone pledges to default on every loan they have from any institution that has to comply with Federal Reserve charter. . .
rahmega7 2 years ago
Haha, YES YES! Now we are talking! After all, these things are just pieces of paper. Do they really have that much value? Save the environment by defaulting!
BankRampage 2 years ago
Make sure you promote that in your next video.
rahmega7 2 years ago
Too late I am defaulting right now. FUCK Those guys! Stop paying them. How long have they taken our hard earned money to just screw us?!
Tanui188 2 years ago
I love your style. The uniform, the hand gestures, the rhetorical questions, and the common sense observations.
sonnybrakes 2 years ago
Thanks Sonny. Of course, my ideas are subject to revision with new information (just like Peter Schiff does).
BankRampage 2 years ago
Why hide your face? You do realize if they want to know who you are it is easy with IP addresses, YT, your local isp. How do you think child porn peddlers get caught?
Unless you are uploading at a library and you hop on someone elses computer.
kenandjasha 2 years ago
Haha, of course they can catch anyone they want to. But what crime have I commited? I'm practicing "Free Speech." What difference does it make what kind of hat I wear while I'm expressing myself?
BankRampage 2 years ago
Well you and I agree you have done nothing...the nwo will lable you a homegrown terrorist for speaking the truth though...I thought that is why you wear the mask.
kenandjasha 2 years ago
I find the mask makes me more comfortable when I am editing my videos. It's like I'm watching a different person.
As for the terrorists, I'm sure that the government is busier chasing down bin Ladin in the Middle East over some guy responing to a financial guru, haha.
BankRampage 2 years ago
LoL....if he was at the library the mask would be a little scary!
Tanui188 2 years ago
If he is smart he could easily use a proxy that would mask his ip, or use an unsecured wifi hotspot. There are ways to make it difficult to trace. Besides, in a court of law all you have to do is introduce reasonable doubt. If his face was completely exposed then reasonable doubt would be out the window.
vinayakaya 2 years ago
Good message. Too much theatrics. Five stars if you can get past the silly mask.
MainTightSqueeze 2 years ago
How do you know my face is Ricky Martin handsome, though? For all I know, if you saw my face, you'd ask me to put back on my mask. And that would REALLY hurt :(.
BankRampage 2 years ago
the banks are so full of tarp money it might be impossible to cause a run on the banks.
hume12345 2 years ago
Remember, it's confidence in the banks that keeps them in business. There are other things that could kill them with this bad publicity that vaults full of paper cannot protect them from, such as their fragile stock values. Also, the investors who are investing in their diluted stock could be scared away from actions like these, further burying them.
BankRampage 2 years ago
on the bank balance sheet, debt is a credit and savings a liability. if the fed can get banks to buy one another (BoA and merrill lynch), they can certainly get banks or other sectors of the financial industry to pump money into the stock market. you can see market manipulation when gold stock hasn't broken the $1000 mark and inflation is rampant
hume12345 2 years ago
Ah yes. They manipulate the market often from the top. So this would be a similar manipulation from the 'bottom,' so to speak. But the banks will have a hard time buying up another toxic asset ruined bank and risk becoming target of bank runs themselves by angry bailout activists. What could they do then?
BankRampage 2 years ago
the problem as peter schiff has pointed out is the toxic assets are the sub prime mortgages. the only way they hurt the banks in the short term is if prices fall and theres no one to buy them. the government is aware of this and is trying to keep prices where they were prior to the collapse. getting people to buy would mean fixing the economy. which the government can't do. any run on the banks will be met with more tarp money until hyperinflation.
hume12345 2 years ago