Pt. 1 America's Bankrupt Banks (Inside the Meltdown)

[WOWkitePWN]

Ironic Barney Frank gets to comment, he has his hands all over sub prime.

[Lolznator]

If the world weren't based so heavily on credit, then rumors wouldn't be able to kill a multinational multibillion company in a day.

[boabie]

Just watched all 6 parts; while it's worth a gander to learn the chronology of the events in 2008, make no mistake, this is sheer propaganda. Painting Paulson and Bernanke as unsung heroes is incredibly disingenuous, not least when the documentary fails to mention how Paulson was the main advocate of the deregulation that led to these events. Unimpressed.

[dumbassstupidpeople1]

No! The story started in 1913! END THE FED!

[1Littleagger]

From what I have been studying someone was out to bankrupt America.They have been trying since 1913 and even before.America seems to have no gold now.I don't know if England has gold but they have been trying to be the world central bank.They have set up a city with in a city in London.I hear Germany has more gold than most counties.RT news guy said Germany needs to be set up world bank in a city in Germany,but I cant remember what city it was.

[kcuf7]

Great video!

[XatruchJ8]

Zeitgeist!

[translationwiz]

Can someone help me out here? IF the houses, the homes, are there to secure the loan, the loan is secured, right? I mean if people couldnt pay their mortgages, in the long run someone buys that house. Someone PAYS! Maybe you lose a few points in interest, shit, maybe you make more. THe people really fucked R those that had to move out........Therefore, even the 800billion bailout, can be recouped by selling those houses. Or am I not getting it? what?

peace.

[thaprecepta]

blame barney frank that fat retarded faggot is one of the main reasons this happened

[ukusapillage]

ppl dont understand whats heppening here, rotschilds control major corps and banks and the fed in the usa, this was a scheme controlled by rots to bankrupt their competitors and win trillions in the process while bankrupting european countrys and destroying the euro, now they are asking for gold in poorest european countrys to pay for the debt, this was planned with usa gov, also 911 was part of the scheme this past decade the rotschilds done the last steps for world control

[ukusapillage]

the usa gov is totally corrupted before even americans can vote they see if they are corrupt and if they serve common interest of companys and banks specially the fed goldman jp scum if yes then hes president even before he is, this was a heist on american ppl prepared years before, to knock out goldman jp fed comp. and robb billions and destroy the euro all in blow the end point is bankrupt gov and control west

[ziero81]

Greed and Moral Hazard.

[DetroitIsland]

ugh

[mexjmort]

barney frank is to blame 

[mexjmort]

The BIG LIES is to have that sick pedophile barney frank the biggest crook in America in this video

[rdority]

TOO EASY to blame rumors. There's a REASON people are nervous. It's because of everything else that's unraveled. Bear Sterns was a rival of JP Morgan and was not bailed out like all the other so called 'Too Big to Fails'.

We need RON PAUL and we need sound money! Reinstate the Glass Steagle Act.

Ron Paul 2012

All the Big Banks are Fraudsters and the rumors are valid. It's just a matter of time before Bank of America goes the way of Bear Stearns. Get your $ out of BofA now!

Ron Paul 2012

[princeofswine]

Your problem is the Rothschild their coming after your country ,research Rothschild youtube. 99% of people do not know they exist the jewish money lenders are the worlds problem they are undermining countries economies,and earning interest on loans to waring countries.They do not give a damm for anyone except the family bisiness,they own 3/4 of the worlds assets,THEY WANT AMERICA IN THEIR CONTROL and that day is near approaching

[tajim33]

Who to be blame? Is it the war spending? What do you think? US is still a Great Nation. Do something now

[guyNbluejeans]

Some of the biggest scumbags in the country are CEOs. I worked at a company for 18-years and was thrown out with hundreds of other "little people" while the new CEO was handed $6.4 mill by her board cronies after only being on the job for 6 months. She had the savvy to recoup the $ by firing us and replacing us with desperate people that would work for much less. THAT's the type of thing these pigs are about. Now the stockholders will love her because they'll see the bottom-line (but not us...).

[moistfaucet]

America Bankrupt don't blame wall street. BLAME CIA. LOL.......

[intunedworld]

Search for other Micheal Kirk doc's. This guy is grade A. 

[jackgoldman1]

Private businesses unloaded all their losses on government. Main street bailed out Wall Street. My real estate is down, mortgages stay in place, property taxes are not cut. Wall Street extorted one trillion dollars from US Treasury. Children are sold into debt slavery to bail out speculators at Goldman Sachs who drink our blood. What to do? End the Fed. Our money is bankrupt. The Dow is $12,000 in paper and $480 in real silver coins from 1963. Get it? It's a money bubble, counterfeited.

[theNASAlies]

Media/Secret Goverment- doing Anything to destroy the dollar and make way for the NWO

[AFRIKTODAY]

Unfortunately, CNBSHIT has a profound impact on Wall Street! Morons informing other morons!

[clyton143]

Americans should start living by their means spend what you earn.once the Chinese Japanese etc start withdrawing their money America will be finish end of the road for the US by 2017

[73mandala]

The US has 1 enemy inside the gates that has caused all this chaos, zionist jew bankers, the lowest,worst kind of cancer/scum a country can suffer

[MrRob7004]

@73mandala the problem is that we are being out smarted by the rest of the world.my wife works for a big bank in boston..last year they hired 6 Canadains to run the bank...why did they do that..what do canadains care about or banks?

[73mandala]

@MrRob7004 How can the rest of the world outsmart the strongest most wealthy country of the world? I don't know about that, the smartest best go getters are from the US. You don't tkink its more by design? I've had the belief that since India and more so China have opened the doors companies are bailing to those countries,less wages, no benefits, no OHS etc. I think these bankers could forsee that the US would struggle against these Asian countries. So they've swindled billions on the way out

[PaulGiffs]

Forget getting angry. GET TO THE STORE. Stock up as fast as you can, night and day. YOU ARE IN DANGER. If you doubt it, read the article at my blog today. It could save your life.

[chasbo13]

this show is so 2009, most people I know already made back all their losses from 2008.

get over it.

[kocibrzycki]

why don't they just admit that they are just Thieves!!!

[AFRIKTODAY]

Maybe the problem is that people happen to rely on CNBC!

CNBC is crap!

[RyanB0011]

@AFRIKTODAY better than fox or cnn

[FactualSolutions]

The Zeitgeist Movement is the only Group out there that has brought up some Real and Tangible Solutions to ACTUALLY SOLVE OUR ECONOMICAL, SOCIAL & ECOLOGICAL CRISIS - to know more about it, watch: "Awakening 1/4" (short video) and "Zeitgeist Addendum". Both of them are on YouTube.The SOLUTIONS presented in both videos are already being applied and they have already been proved to work in the short and long run. It's about time to expand/spread it World Wide.

the zeitgeist movement dot com

:)

FS

[randyleepublic1]

@FactualSolutions Zeitgeist has the right spirit, but their ideas are impractical. A man named Clifford Hugh Douglas analyzed the problem and figured out a workable solution back in the 1920s. Read up on Social Credit. The truth is out there.

[FactualSolutions]

Thanks for the info.But again,the SOLUTIONS presented in both videos posted are already being applied and they have already been proved to work in the short and long run(google "Live In Your Own Venus Project City TODAY" to see it for yourself).And by the way,we are not here to convince anyone of anything, we are here to present information,nothing else (check the info, the sources and make up your own mind.Over 480,000 people already did it and this number is growing fast).

All the best.

FS:)

[Rico8458]

the average common man is screwed, so buy guns, gold, silver, keep cash at home in a safe, and stock up on water and canned goods, but a gas mask too. protect your wife and kids. there is no more faith in this nation. we have a country of crooks and animals, illegal aliens mexicans, criminal federal bank, corrupt politicians, and an avatar president. this is a huge police state now just try to get on a plane. this is not the america of my youth.

[biospharms]

To get some solid facts on what's going on in America and elsewhere I like these You Tubes: Peter Schiff, his are all good watch them all if you can.

Dr. Albert Bartlett, Titled: The Most Important Video You Will Ever See.

National Inflation Association, Titled: Meltup, and another one, Japan: Americas lost decade.

One last one that I just found is: Why Are We In So Much Debt. Very good info but a little slow for me. Have fun and God Bless!

[The7of1]

there is 1 solution to your problems that should last a generation till the current mafias children grow up & tak it all again & you know what that solution is dont you?

Answer: kill all the fucking thieving bankers and their political front men.

Thomas Jefferson "Banks are more dangerous to civil libertys than standing armies"

J.F.Kennedy "When then can be no peacefull revelution,violent revolution must occur"

[MrThatniggafred]

@The7of1 but how do you kill thee fucking thieves when we dont even know who they are we dont even have names "what do u think about credit unions? are credit unions better than banks?? i want to close my account with bank of america and vanguard but i need a place to put my mone

[The7of1]

oh poor americans,living in tents with no food and water for their children & babys while their mafia owner bankers play pirates of wall street rich mas chest.

Perhaps people from pakistan & timbuktoo can hold a concert to raise some money for you.

[MrThatniggafred]

what do u think about credit unions? are credit unions better than banks?? i want to close my account with bank of america and vanguard but i need a place to put my money

[JediMasterLego]

@MrThatniggafred how about inside the freezer? (*says sarcastically but is being serious about the comment* (i actually DID know of someone who did that)). there actually WAS someone [in-real-life] who did that.

makes you give new meaning to the term "cold hard cash" doesn't it? :-P

[amcanmike]

THE BANKS WERE NEVER BROKE ITS A SCAM

[JohnnyGGN]

@amcanmike They were more broke than you can imagine.

If they have security for only 60% of the loans, then they are broke when markets discovers it. Thats why the government had to cover the rest up to 100%.

[amcanmike]

@JohnnyGGN WE WILL SEE

[JohnnyGGN]

@amcanmike We have allready seen. They had no alternative, as the alternative was a systematic meltdown of the system. That would have lead to civil war and hunger.

[amcanmike]

@JohnnyGGN this is all a scam to control more of america i really think that

[randyleepublic1]

@amcanmike Of course it is. This scam started in Italy in the middle ages. It is called Fractional Reserve Banking. It has caused more suffering than all the gruesome despots of history combined. There is an answer: a system of government called Social Credit. Read up on it.  The truth is out there.

[73mandala]

@JohnnyGGN Better than living as a slave to the zionist jewish bankers. Also if it did come to civil war at least you could execute these thieving bankers and rid the US of this dangerous subversive element in your country. Then as the jewish murderers of the Czar and his family and the over 100 million Russians that died, you could do the same thing to these thieving bastards, take their wealth and give it back 2 the ppl. Although the jews who caused the Russian Revolution kept the $ they stole

[Tofi684]

its americas turn to suffer...hahahahahahahahahahah­ahahahahahahahahahaha...how does it feel bitches! what goes around comes around...did u really think you are going to get away from being collapsed? i hope u will fall like the ussr...lol to americanos

[youngrstandard]

@Tofi684 you shouldn't be laughing at Americans for what's happening! Whats happening to America can affect the world in a bad way. Were not bitches! Blame the government, not the American people! Alot of American people are more innocent in this whole mess!

[EnglishWulf]

@youngrstandard Its not your governments fault and its not the American peoples fault. The fault lies with world wide greedy bankers. If they just used depositors money and did due dilligence they wouldn't have lent to stupid businesses with ridiculous debts paying ridiculous money for other businesses.

The bubble was always gonna burst.

Where govs worldwide are making a mistake is giving the banks a shed load of cash and saying go ahead and do it all again.

Were all up s$£t creek : (

[TIKIMAN198]

@Tofi684 I hope your having fun living in a country thats not America. Whats it like living literally in an asshole?

[dreamvisionnetwork]

@TIKIMAN198 :

yeah we have lots of fun outside the US you know. I dont know if you know about us outside but that might be from your severe indoctrination of US being "the greatest" country ever. Greatness comes not from being an asshole like the people in US being so arrogant and self inflated it has to sting ones pride no being in a slippery slope down to this beautiful place Hell you christian peop0le likes to threat with. Enjoy living on food stamps guys.

[tdolz]

I bet Barney liked getting mortgages.

[RSX3883]

Tim is in Goldman group

[bbobb71]

Had Bill Clinton not repealed the Glass-Steagall Act in Nov 1999, this type of speculation within the financial community would have not happened. I refuse to believe that in 1933 when this was made law, that in 1999 when this was repealed, that no one knew the collapse was inevitable.

[WOWkitePWN]

@bbobb71 Gramm-Leach-Bliley had NO impact on what happened, its widely accepted among economists on both sides.

[beancube2008]

I doubt these aren't repeating right now especially in influencial Asian markets. Indeed, I believe some new players are copying it to observe where are other back doors to opt out safely because these bubbles are easy and quick. CDSes are still snowballing because they are still an very effective black mail tools that big accounts can take turn using them.

[WittTristan]

inkey2... You have Stockholm Syndrome.

[inkey2]

16 years ago I purchased my condo.....I had no debt....plenty of cash in the bank and a job I had for 20 years.....and the mortgage company made me do everything but a urine test to get my mortgage. They put me through total hell and scrutinized every financial move I made for the last 10 years. Wow...did things change

[inkey2]

you can thank the democrats for forcing banks to lend money to unqualified home buyers

[TaffyAlpha]

@inkey2 actually the repealation of the Glass-Steagal act never forced banks to lend to unqualified homebuyers, instead it made it easier for banks to do so.

[riddler03]

@inkey2

I'm getting sick of that idiotic argument about how the banks were forced to lend to people. The mortgage market at its peak was about $13.5 Trillion and yet the banks created tens of trillions of dollars of synthetic CDOs cause they couldn't get enough of mortgage backed securities. But you wouldn't know that you stupid fucking inbred. People like you need to die.

[inkey2]

@riddler03 what? you never heard of the "community reinvestment act"?

[smallrossy]

hahahahahahah fucking american scum!!!!!!!!!!!!! fucking loser shit country

[WittTristan]

Aye, we need to get pissed off at banks and bankers. RIGHT NOW!

[pk421a]

They were doing what they were told to do. They had to give out loans to the unqualified according to the Community Reinvestment Act under Jimmy Carter. They had all of these toxic assets and had to do something with them. You can't only blame Wall Street. The greedy homebuyers and the power-hungry feds are to blame, too.

[WittTristan]

Only 6% of toxic / "Sub-Prime" loans were subject to the Community Reinvestment Act. 6%. I'll say it again. Only 6% of defaulted loans were subject to the regulations of CRA... I suggest you stop watching fox.

[pk421a]

My last statement was that the "greedy homebuyers and the power-hungry feds are to blame, too"

I did not say that the subprime crisis was caused ONLY by the CRA.

Fox News has nothing to do with my statement.

[pk421a]

and after looking into it some more, I was wrong. CRA was not a major contributing factor to the subprime crisis.

[WittTristan]

I give you A LOT of credit for seeking out the details to a question you had. Most, are too proud to change course once when they have formed an opinion.

You gained my respect for posting here with the correction.

I'm not trying to be patronizing at all. Im serious as a heart attack.

The Fox News comment was a bit reactionary. I must appologise for being reactionary, when I'm giving you respect for not being reactionary.

Was simply saying, "Don't count on Hannity to be honest with you."

[WittTristan]

Let me add this...

I picked on FOX, but none of the major cable news channels are worth much.

Fox IS downright propaganda. But CNN is nothing more then a distraction. And MSNBC does nothing but sit around and laugh at Republicans acting like Klingons.

And while Countdown with Kieth Olbermann might make me laugh, my entertainment does not inform me.

Google is the best news channel. Google.

I serf the web much more than I watch TV... And I have a 19" HDTV sitting on my computer desk...

[sustaincain]

Yep; the dynastic shadowy families that own our money supply (central banks) can secretly empower themselves to buy anything they want: corporations institutions governments armies cultures media science education nations continents anything their hearts desire; while the debt notes they issue to us that we mistake for money continually rot.

Fake derivatives is just one of the many skins they use to hide the effects of the fake money.

[kingair81r]

It only took 3 percent defaults to cause the whole house of cards to crash down

[sustaincain]

If we NATIONALIZE THE MONEY SUPPLY all the derived fakery couldn't happen.

FAKE MONEY = FAKE SECURITIES

Real Money = Stable Securities

The central banks are mainly privately owned and create unlimited unaudited currency out of thin air. We used to use mONEY (a note secured against intrinsic value eg silver as in £sterling); now we use DEBT NOTES (a borrowed piece of paper worth nothing and accruing compound interest forever to its issuer): the CURRENCY WE USE IS NOT MONEY.

[konachai1]

Real Money = Gold Standard

[inkey2]

to pk421: what??? LOL...jimmy carter? Don't you mean Bill Clinton????

[pk421a]

The CRA was started under Carter.

[dreamvisionnetwork]

@WittTristan:

YTou see they got us by the balls. If we would break them we cant.

You see we give them lets say 10 billion dollars of our money.

10 percent stays in the bank and the rest gets "invested".

THUS our money is gone and we cant get them back. its not in the vault anymore.

Its gone, if you try to break the banks balls you only break the people who gave money to the bank, not the bank itself. if the bank goes bankrupt only the 10% gets recovered, the rest is gone. the money is GONE!!!

[nergvol]

Here is a reality show, what we need is the Equalizer to make these punks pay for their crime. The Financial Avenger