"Well, first of all the Federal Reserve is an independent agency, and that means basically that there is no other agency of government which can overrule actions that we take" - Alan Greenspan
Bernanke is right is he said fiscal policy is only temporary in sustaining the economy. The economy, in a capitalist society, relies on businesses to compete fairly and accordingly with supply and demand. Fiscal policy from the government are federal reserve shouldn't be relied on for anything other than regulation to maintain fairness and support a fully functional economy. It can never be a permanent solution. This guy on the show is an idiot. American are always playing the blame game.
@CommonSensePeter No its not that simple. There is nothing simply about managing the largest economy in the world. In a truly capitalist society, companies have the right to send manufacturing jobs overseas if it's profitable to them. Companies can't manufacture in america because they would hae to pay significantly more to american workers. Most likely they would have to hire illegal immigrants or the poor and uneducated to pay them minimum wage and even that is till more than outsourcing
Mike Norman is a complete JOKE! First he was all for the housing boom and laughing at Peter Schiff because he was negative about the boom. The bubble bust and he changes his tune. He accuses Bernanke now and scrutinizes him.
ATTENTION MIKE! You were caught already GIVE UP your snake ways are not working anymore. GET A JOB as a kindergarten teacher it best suits your mental capacity now
Isn't Mike Norman the "expert" who said there were no artificial lending standards when Peter Schiff tried to point it out back in 2007? Mike Norman has no credibility as far as I'm concerned. Way to hop on the band wagon, Norman! You're a day late and a dollar short...as usual.
If and when this Guy turn on the press to start making this six hundred billion dollar pile of monopoly money, it is all over folks shortly after. How much higher will Gold go? It is above what it is worth already. If You want to use Your own paramiter to see when this economy is finish, pay attention to the pawn brokers. Lets' see when they stop buying gold.
Bernanke is a complete dumbass he's filling his pockets on screwing the little man. him, obama and all the rest of the big wigs. theres the problem with america. get rid of them
@SPB223 What fast fix could have help the economy when the banks fell in Sept 2008? Do U remember Bush saying , that (If we don't do something, this sucker is going to fall)? So the press was turned on for the first stimulus, but held over until Obama took office. I am not defending anyone but calling it like it went. In 2005 Bush signed the NAUA, (NORTH AMERICAN UNION AGREEMENT). That is going to assist NAFTA (CLINTONS THING) , and finish this country off. UR rite. clean house
There is only one solution. Write down the federal debt and balance that by also writing down consumer debt by the same proportion as well as removing money from the system in proportion. Those with no debt, will benefit by seeing a appreciation in their savings as the dollar goes up.
long turm low intrest rates have only exabasated japans wows , having the effect to drive money off shore,even with the loyle japniese buying bonds , a gradule incress to 4 or 5 % may offer more help , blaming other countries monterey policys is not ,
When talking about the distribution of wealth the government share of GDP ("Staatsquote") is irrelevant, since the state can use it on military, police, subventions for the rich and so on. It is also hard to compare the numbers, in the US for instance social securtiy systems are private, in Germany they are public, but often work 100% the same.
Btw. all economic wonders had strong states involved (Japan -> Miti, Korea -> Chaebols, Germany -> nationalized industries, China...)
If you want predictions, go and read your hand. Nobody has enough information to see into the future. There were many economists who warned for a crisis -and were lucky to have a shot.
In Europe many marxist economists said that (read "boom and bubble" of Brenner Robert), the neoliberals who blame low interest rates for everything are just a small group...Schiff is such a populist TV-figure...
@MrPoliticon Ask yourself this, what caused WWII? -The great depression hit, the league of nations collapsed and it was every country for themselves. America needs another global war for it's empire to continue.
America was screw before the recession hit. The economist predicted and warned off this happening. The American empire is bankrupt, we are on the verge of some very rough times. The worst case scenario : the collapse of the US dollar, leads to the collapse of all western economies including NZ, AUS, CA, UK. This will lead to widespread poverty and the end of capitalism making China the leading superpower and letting developing countries expand. Or we are on verge great depression II and WWIII
It should be apparent to YOU by now, their (allseeing)EYE is upon you, the maker of rules, dealing with fools, and they can steal you blind, money created out of thin air, the Fed.Res.-system implemented after murdering its 3 greatest opponents(Col. J.J. Astor IV, I. Strauss & Gugggenheim)the 3 wealthiest passengers on the Titanic personally invited by the White Star LIne(owned By...?), your rhetoric is almost as dumb as looking for terrorists in caves in Afghanistan......do some research.!!
The guy speaking really has no idea of how the economy works. He criticizes without giving any solutions. Please find a more educated person before releasing a video next time RT.
This chief economist needs to go back and read the history book. It was the high interest rate that brought the entire housing market down.
You get a rebound in consumer spending by providing aid to state and municipal governments and providing transfer payments to average Americans. The government stimulus has saved us from going into a major downturn. Fiscal and monetary policy going forward into 2011 will be very accommodative. Ben Bernanke has saved us from the Great Depression II.
Mike Norman laughed at Peter Schiff when he predicted the recession/depression in 2006.
Capitalism and Socialism are both positive for the general public. What is destroying the living standards of 99% of the world is Corporatism. Just as Bureaucracy is destroying Democracy.
So the question is what are the roots of Corporatism and Bureaucracy?....Big Government.
Big Government destroyed the USSR, and is destroying the USA. Americans should pull down these power structures.
"he's ready to take action". . . ? Get rid of Bernanke and the Federal Reserve. The people need to take control back of their money, not the back room fiddlers and rich who always in cahoots.
too bad Schiff has been saying this for years, now Mike Norman suddenly decides to jump on the low interest rates were bad train when he laughed at Schiff years ago for saying the same thing
@AustrianAtheist You and Norman can stick with your inaccurate lines of thinking and I will stick with Schiff's. Schiff was right and continues to be to this day. Maybe you should read his book Crash Proof, for I believe that you might learn something.
There is no way out because he knows all the money printed that has debt attached is not dangerouse now because rates are at near 0%.... If they were to do a rate hike, the government and banks could not pay the interest on the debt and ultimately would go bankrupt in a very short time!!! That is why baring a free energy revolution or similar, the USA is finished. I will not return to the states for anything accept to visit familly!
@ComradePatriot I know, I work as an "energy assessor" so have done alot of researched into the suppressed and emerging technologies. There is some seemingly close to mass production such as the permanent magnet turbine. I hope it can take off, but I fear it will not come fast enough to save the US from the financial terror of these scum.
@AustrianAtheist Sure, so he can go into debt with no hopes of finding a job. If getting an education makes one like yourself, then you can keep it. No thanks, we got something called common sense, unlike yourself.
Did you even bother reading his statements on Tesla? Do you also think, that there is a huge conspiracy against free energy? I am not a scientist, but I also do not claim to know anything about it - which is the difference.
But yes, I have studied economics. Schiff simply sales cheap propganda, it is so embarassing, when screams around like a madman...
@AustrianAtheist DId I even bother reading whose statements on Tesla? I don't recall ever hearing about that either way. In regards to free energy conspiracies, I don't know what you are talking about? In regards to Schiff being a cheap propaganda salesman, I entirely disagree with you. Schiff was and is right about the economy. Schiff screams at times like a madman rightfully so, since he is disgusted with what is going on is al. If you actually listened to what he says, then you would know. y
My disrespectful comment was an answer to the Tesla-conspiracy guy, not the fanbase of Schiff.
Roubini, Prechter, Schiff..all these prophets of collaps do not deserve my respect. They have earnt a lot of money from their fear mongering and when you do some research, you will find out, it is the same after every crisis.
Why was Schiff right about the economy? Don't stress the fact that he saw the depression. Supporters of different schooles then the ruling, always propose that like many marxists
@AustrianAtheist I personally think that you are entirely wrong with your assesment regarding Schiff, etc. You obviously are a Liberal with tons of debt that does not actually work for a living. In addition, FYI, I still don't know what the heck you are yappin' about with this Tesla thing. FYI, look up Max Keiser, Marc Faber, Gerald Celente, Jim Rogers, Ron Paul, etc.... if you really wish to know what is going on with the economy!
I am hardworking, have studied economy and law, don't have any debts and am not a liberal or keynsian. (account of my brother -> I am not 18 but 23)
You just worship the propaganda-economists, that appear on TV or on the internet. Have you ever published anything, have you ever worked with an scientific approach? Gerald Celente just predicted a revolution...all these predictions are not even self-fullfilling, they are just spread by people who want to make money out of that nonsense
@AustrianAtheist Good for your man and I give you props for your hard work. Although, I must say I don't agree with your line of thinking and we will just have to agree to disagree regarding Schiff and the economy. Sad to say that they don't teach common sense in college.In addition, I catch your drift with Celente and all, but what about Max Keiser, Jim Rogers, Marc Faber, WIlliam D. Engdahl, etc.....? Don't be so closed to learning from these people, who are not all about making money.
The recession is caused by humans. Whoever has the most chips at the end of this poker game is the "winner" Everyone else has to die of starvation, sell their homes, lose their jobs, accept shit working conditions.
I still can't believe a very small number of individuals on this planet own almost all the fucking wealth.
NEWS FLASH: wealth doesn't come in how much money you have, it comes in how much knowledge you can attain and use for good with your time on this earth.
The international financiers are parasites sucking the life out of this world. They have destroyed so many countries and their actions have caused the loss of so many lives. Yet we continue to refer to them as experts and look to them for solutions to the problems they themselves have created. When will we learn? When are we going to say enough?
Why in the heck would you ever have this igmo on your channel? This person is horrible when it comes to anything that has to do with economics/predicting the economy. FYI, he is a big time hater of Peter Schiff and Ron Paul. He really is an idiot, really!
Peter Schiff and Ron Paul are just populist advocats of hardcore capitalism. What must happen until you understand, that this crazy ideology has smashed quality of living in the US?
This is madness! Without a strong wellfare state, working class will get angry, evil and turn towards fascism/communism/....
@AustrianAtheist Yes and there is nothing wrong with being for hardcore capitalism. We will have to agree to disagree with your line of thinking, stating this ideology has smashed the quality of living in the US. I believe that our govt, FED, central banks, etc have done so, not capitalism. We need for there to be a correction in our economy without govt or fed bailout intervention. Continuing do so, only prolongs the inevitable which is a collapse/welfare state. It cannot be avoided.
It is a pity, that these radicals are not in power. I would love to see economic suicide once again. Yeah, let the economy implode...the market will heal itself...haha....
Economy without govt? Capitalism needs a state, that protects property rights. There has never and will never be capitalism without the repression of states.
Without solidarity a society is doomed to brutality. US-Americans overrate the stability of democracy. never underestimate the power of anger
Lost Generation.... Kids don't know where is America going. No idea. housing bubble, bailout bubble, etc. We are producing nothing for America. It really sad country by throwing too much money for teacher's unions and kids can't find jobs.
Most big corporations use two books. One for the big piles they sit on yield more than tax paid. The other for loan and credit profits they can collect through out the world except US and China. They don't pay for their local obligations but use national treaties controlling dispensable migrant workers. Why should people charge each other interests for exponential compound interests? The FED is just a religion of bubble economy. Can we set up an Anti-FED rollback market plunges and monopolies?
Mike Norman: "I'm STARTING to see"??? WTF dude... just now ? like this morning I just noticed he maybe the problem? lmfao and these are who we are supose to "Trust"?... /cry
Micky Normans economic track record is pretty poor. I certainly wouldn't waist my time listening to what he has to say. He has no place being on TV giving a point of view.
After the Great Depression of the 1930's, there developed a Pack Rat mentality among everyone. People would hoard everything. Everything! Spoons bent out of shape. Screws of any shape and size even if they had no use for them. Nothing would be thrown away.
The reason was because the Depression was so traumatic. Coming from the roaring 20's no one expected it and the severity. Millions died! But you don't read about it in the history books. The fragility of the system was burned into their minds.
@NovusChaoMundi How many gold and silver can represent all kind of resources we have or other countries have? Our productivity are now religiously suppressed by currency policies. I wonder how much more restrictions can be imposed on the population when limited supplies of gold and silver are worshiped again by those who can be driven to be obsessive easily.
Mike Norman,an expert,lol This tool advocated the printing press to solve all of the U.S's problems,then distances himself when it doesn't work.He's just another empty suit!
Just like all the other corporations of the world, the privately owned Federal Reserve Bank, which there nothing federal about it, is looking out for the interests of their shareholders, major domestic and international banks, which is diametrically opposed to the interests of everyone else.
Mike Moron laughed at Peter Schiff five years ago for predicting this economic collapse and now Moron comes out AFTER the fact that the Greatest Depression has been occuring and says, uh duh, we are in an economic mess!?!?! What an ASS CLOWN!!!! I'd give it 0 stars but the message is at least correct, albeit, late to the party!!!
RT. WTF are you having Mike Norman on your show? He's a fraud... It would have been MUCH better if you had Peter Schiff on... Peter Schiff can nail Mike Norman logic to the wall.....
Hey RT--go find a real economist.... Mike Norman is a failure as an economist and a human being.... Because he is a Keynesian... I notice Mikey has no solutions since his last ones from 2 yrs ago were disastrous....
Hard times for us Americans are for sure coming. There is a huge recession coming. If you look at what Ben is doing, he is causing inflation. By keeping interest rates low, he is causing the dollar to become weaker. Us Americans are in for a long road ahead. Stop spending and start saving your money, in other countries like Britain or Canada. Get he hell away from the dollar.
We cannot get this economy going until the banksters allow real estate to deflate at least 60% down to real value so that people can afford homes. Lowering interest rates does nothing if homes are overpriced. Homes must drop another 60% and this will ignite buying and stimulate industries tied to the real estate market. If we don't allow Deflation, nobody will spend. Everyone will wait for prices to drop. We need to let prices fall now!
Bernanke is an Israeli passport holder (just like 90% of the neocon calbal - Wolfowitz, abrams, jewison etc). Why is anyone surprised why he is not interested in the US Economy?
Government spending comes from government income. Government income is taxes, or forced donations by the people. You want growth? CUT THE GOVERNMENT and let people keep more of their own income.
The end of the Bush Tax Cuts will cause a serious double dip.
Mike Norman is a true believer in money printing. A guy saying the US has no debt problem, they can just print all the money they want. I can't believe he is saying this sincerely, he has to have some kind of vested interest in this. Don't believe the hype.
What happened to Mike Norman? This guy used to be a hard asset guy, a true gold bull. For yrs I watched Norman be a fairly straight guy. Him and Jon Nadler have just totally flipped. Norman recently said "No country that prints it's own currency can go broke." I swear to God he said that. C'mon Mike. Come back home. I'll forgive you.
within the first 3 seconds my bullshit alarm was going off. Economic recovery never even existed in the United States. Hes a Trilateral, CFR, Bilderberg, Wallstreet Bankster no good sack of shit.
This is all done by design. This shouldn't be a shock to those who have been paying attention at least since 2000. Even more so for those who have been watching since that MCA/Hollywood created Politician, Ronald Reagan! The sad part is it will continue as long as they keep lying to us we'll except anything they say.
It's all a game to these people and we are only sheep that they keep shearing. No reason to kill the sheep when you can just keep shearing its wools. Maximum the use of us slaves
Are you a idiot? Your very own corporations and banksters and Zionists are ruining the country. Throw off the Zionist Israeli yoke, and exterminate the demonic, corrupt bankers.
Mike Norman is telling US why there's a recession???? Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahah ahahahahahahahahahahahahahahahahahahahaha Man is an idiot and laughed at Schiff when Schiff was the only one on the planet to see this mess.
Is everyone STUPID everywhere the central banking system took hold there has been FISCAL DOWN TRENDS ! WOW ! In Europe before the CENTRAL BANK TAKE OVER there where no countries failing!
Why is that? The central banking system steals wealth ! Then calls the theft Fiscal intervention!
Wake up people there was plenty of money before central banks and INFACT in history all the great booms in all countries HAD NO CENTRAL BANKS! WOW!
WE NEED President Sarah Palin so that she can EXPOSE the CIRCUMCISED PUSSY of Bernanke! She will take this devious, coniving dirty cheating JEW and have him hung upsidedown on a cross with his legs spread out and his PUSSY facing GOD and the HEAVENS! President Palin WILL DESTROY the Fed with the POWER, FURY and WRATH of GOD HERSELF just like Jesus DESTROYED the Temple in the Passion of the Christ!
Bernanke appears to be doing his best. It is Barack Obama who is having the greatest chilling effect on investment, job growth, and therefore spending in this country.
Isn't this exactly what happened in Japan circa 1990? Credit crisis -> bailout -> failed stimulus -> radical social policy reforms -> 2nd failed stimulus. Keynesian economics doesn't work. It didn't work in 1932, it didn't work in 1990 Japan, and it isn't working now.
Maybe politicians should just stay out of it and let the economy naturally recover
END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►
Mike Norman is a fucking-ass clown just like Bernanke! Peter Schiff had been saying this economic ship is going to sink for the past ten years before all this bullshit happened and Mike Moron laughed at him. Now he finally wakes up! Ass clown!!! Berstanky is "Student of the Depression", so grow up and wake up America! He's leading us into the Greatest Depression and helping his bankster buddies at the Fed Reserve to our money!!!!!!
This has been flagged as spam show
"Well, first of all the Federal Reserve is an independent agency, and that means basically that there is no other agency of government which can overrule actions that we take" - Alan Greenspan
J1NX1337 1 year ago
Bernanke is right is he said fiscal policy is only temporary in sustaining the economy. The economy, in a capitalist society, relies on businesses to compete fairly and accordingly with supply and demand. Fiscal policy from the government are federal reserve shouldn't be relied on for anything other than regulation to maintain fairness and support a fully functional economy. It can never be a permanent solution. This guy on the show is an idiot. American are always playing the blame game.
Caroo2 1 year ago
@CommonSensePeter No its not that simple. There is nothing simply about managing the largest economy in the world. In a truly capitalist society, companies have the right to send manufacturing jobs overseas if it's profitable to them. Companies can't manufacture in america because they would hae to pay significantly more to american workers. Most likely they would have to hire illegal immigrants or the poor and uneducated to pay them minimum wage and even that is till more than outsourcing
Caroo2 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)
Read this book for free to understand their plan,the book is free on internet.
Who Is Esau-Edom.....Who Is Esau-Edom..
MsMihailescu 1 year ago
Mike Norman is a complete JOKE! First he was all for the housing boom and laughing at Peter Schiff because he was negative about the boom. The bubble bust and he changes his tune. He accuses Bernanke now and scrutinizes him.
ATTENTION MIKE! You were caught already GIVE UP your snake ways are not working anymore. GET A JOB as a kindergarten teacher it best suits your mental capacity now
Riddlerx333x 1 year ago
The rates need to go up FFS. Stop being ridiculous.
zOMGLaserGunzPewPew 1 year ago
Isn't Mike Norman the "expert" who said there were no artificial lending standards when Peter Schiff tried to point it out back in 2007? Mike Norman has no credibility as far as I'm concerned. Way to hop on the band wagon, Norman! You're a day late and a dollar short...as usual.
achalmers 1 year ago
If and when this Guy turn on the press to start making this six hundred billion dollar pile of monopoly money, it is all over folks shortly after. How much higher will Gold go? It is above what it is worth already. If You want to use Your own paramiter to see when this economy is finish, pay attention to the pawn brokers. Lets' see when they stop buying gold.
tonkinshipwreck69 1 year ago
Bernanke is a complete dumbass he's filling his pockets on screwing the little man. him, obama and all the rest of the big wigs. theres the problem with america. get rid of them
SPB223 1 year ago
@SPB223 What fast fix could have help the economy when the banks fell in Sept 2008? Do U remember Bush saying , that (If we don't do something, this sucker is going to fall)? So the press was turned on for the first stimulus, but held over until Obama took office. I am not defending anyone but calling it like it went. In 2005 Bush signed the NAUA, (NORTH AMERICAN UNION AGREEMENT). That is going to assist NAFTA (CLINTONS THING) , and finish this country off. UR rite. clean house
tonkinshipwreck69 1 year ago
This has been flagged as spam show
There is only one solution. Write down the federal debt and balance that by also writing down consumer debt by the same proportion as well as removing money from the system in proportion. Those with no debt, will benefit by seeing a appreciation in their savings as the dollar goes up.
tsafa1 1 year ago
Comment removed
PrepareForChaos 1 year ago
Bernanke is a fucking puppet of the rich, that is all.
MetallicOpeth 1 year ago
"Government spending is the second largest component of GDP" Ya, that's part of the problem.
philliproemer21 1 year ago
Bernanke is a skilled and self taught individual. He is looked down own because of the previous fed chairman's mistakes.
LitheInvestments 1 year ago
@LitheInvestments What! are you smokin? Look up Peter Schiff.
slhines7 1 year ago
@CommonSensePeter ..... Well put.. Ive been sayin that shit forever.. Or at least since are PRODUCTION dissapeared!!
ITDUBB5 1 year ago
long turm low intrest rates have only exabasated japans wows , having the effect to drive money off shore,even with the loyle japniese buying bonds , a gradule incress to 4 or 5 % may offer more help , blaming other countries monterey policys is not ,
OrphanPaper 1 year ago
When talking about the distribution of wealth the government share of GDP ("Staatsquote") is irrelevant, since the state can use it on military, police, subventions for the rich and so on. It is also hard to compare the numbers, in the US for instance social securtiy systems are private, in Germany they are public, but often work 100% the same.
Btw. all economic wonders had strong states involved (Japan -> Miti, Korea -> Chaebols, Germany -> nationalized industries, China...)
AustrianAtheist 1 year ago
....... RT, Mike Norman is a dumbass, get Peter Schiff if you want accurate predictions.
a7green 1 year ago 3
If you want predictions, go and read your hand. Nobody has enough information to see into the future. There were many economists who warned for a crisis -and were lucky to have a shot.
In Europe many marxist economists said that (read "boom and bubble" of Brenner Robert), the neoliberals who blame low interest rates for everything are just a small group...Schiff is such a populist TV-figure...
AustrianAtheist 1 year ago
There aren't any magic market oracles.
PS: i predict the rise of east-Europe (Poland, Ukraine...)
AustrianAtheist 1 year ago
@AustrianAtheist No one knows what the heck you are talking about fyi man? Can you come back down to earth? wE nO spEakAH your language eh.
slhines7 1 year ago
Moderate capitalism created the wealth. Just look up the taxes in the 40s-80s.
Despite the dramatic increase in productivity the income of the poor has declined.
Pure capitalism and pure socialism will never work. It is sounds good in theory, but these ideologies have always failed.
AustrianAtheist 1 year ago
@MrPoliticon Ask yourself this, what caused WWII? -The great depression hit, the league of nations collapsed and it was every country for themselves. America needs another global war for it's empire to continue.
wyrwich 1 year ago
one of the ultimate jews
cellan88 1 year ago
America was screw before the recession hit. The economist predicted and warned off this happening. The American empire is bankrupt, we are on the verge of some very rough times. The worst case scenario : the collapse of the US dollar, leads to the collapse of all western economies including NZ, AUS, CA, UK. This will lead to widespread poverty and the end of capitalism making China the leading superpower and letting developing countries expand. Or we are on verge great depression II and WWIII
wyrwich 1 year ago
Bernanke is a Reptilian Shape Shifter!!! (Economy fail by design)
rsnboy08 1 year ago
It should be apparent to YOU by now, their (allseeing)EYE is upon you, the maker of rules, dealing with fools, and they can steal you blind, money created out of thin air, the Fed.Res.-system implemented after murdering its 3 greatest opponents(Col. J.J. Astor IV, I. Strauss & Gugggenheim)the 3 wealthiest passengers on the Titanic personally invited by the White Star LIne(owned By...?), your rhetoric is almost as dumb as looking for terrorists in caves in Afghanistan......do some research.!!
giampow1 1 year ago
The guy speaking really has no idea of how the economy works. He criticizes without giving any solutions. Please find a more educated person before releasing a video next time RT.
buriduh 1 year ago
This chief economist needs to go back and read the history book. It was the high interest rate that brought the entire housing market down.
You get a rebound in consumer spending by providing aid to state and municipal governments and providing transfer payments to average Americans. The government stimulus has saved us from going into a major downturn. Fiscal and monetary policy going forward into 2011 will be very accommodative. Ben Bernanke has saved us from the Great Depression II.
pentium2028 1 year ago
Money is just an illusion , albeit a very persistent one ..
Peace
oicub2 1 year ago
Ron Paul was warning of this garbage for years, and even busted Bernanke's balls about it. Yet still no action has been taken.
slobknoblin 1 year ago 6
Mike Norman has seen the light!
Gollywog 1 year ago
Mike Norman laughed at Peter Schiff when he predicted the recession/depression in 2006.
Capitalism and Socialism are both positive for the general public. What is destroying the living standards of 99% of the world is Corporatism. Just as Bureaucracy is destroying Democracy.
So the question is what are the roots of Corporatism and Bureaucracy?....Big Government.
Big Government destroyed the USSR, and is destroying the USA. Americans should pull down these power structures.
dazzagazza6969 1 year ago
"he's ready to take action". . . ? Get rid of Bernanke and the Federal Reserve. The people need to take control back of their money, not the back room fiddlers and rich who always in cahoots.
roaringwaterbay 1 year ago
The economic madness of the US will never stop. The majority of the people still believe in markets that regulate itself.
Cutting interest rates will not help, when middle class falls apart. When the Republicans win in 2012 the way to destruction will be finished:
New expensive wars, new presents for the rich, new deregulation...
AustrianAtheist 1 year ago
I cannot stop laughing!
And this guy is "starting to think" that Ben has it wrong?
Where has he been?
Maybe too much time in a tanning bed!
Well, welcome aboard Mr Expert.
LOLOL!
babaluto 1 year ago
How can you have a "recovery" when most of the productive money leaves the country every month?
dweber66 1 year ago
too bad Schiff has been saying this for years, now Mike Norman suddenly decides to jump on the low interest rates were bad train when he laughed at Schiff years ago for saying the same thing
ForTehNguyen 1 year ago
Norman never said the low interest rates were a bad idea. It is just not enough and not as important as people think.
Schiff....Why don't you guys check serious economists, this populist neoliberal propaganda slogans are so ridicolous....
AustrianAtheist 1 year ago
@AustrianAtheist You and Norman can stick with your inaccurate lines of thinking and I will stick with Schiff's. Schiff was right and continues to be to this day. Maybe you should read his book Crash Proof, for I believe that you might learn something.
slhines7 1 year ago
@MrPoliticon Come on over I'll be waitting
gmako74 1 year ago
There is no way out because he knows all the money printed that has debt attached is not dangerouse now because rates are at near 0%.... If they were to do a rate hike, the government and banks could not pay the interest on the debt and ultimately would go bankrupt in a very short time!!! That is why baring a free energy revolution or similar, the USA is finished. I will not return to the states for anything accept to visit familly!
causechange 1 year ago
@causechange There is Free Energy but suppressed. Google " Tesla Scalar Waves" and "Zero Point Energy" and you will see hundreds of links.
ComradePatriot 1 year ago
@ComradePatriot I know, I work as an "energy assessor" so have done alot of researched into the suppressed and emerging technologies. There is some seemingly close to mass production such as the permanent magnet turbine. I hope it can take off, but I fear it will not come fast enough to save the US from the financial terror of these scum.
causechange 1 year ago
Why is it suppressed, when thousands of articels are available?
Btw. you should go to university before spreading rubbish.
AustrianAtheist 1 year ago
@AustrianAtheist Sure, so he can go into debt with no hopes of finding a job. If getting an education makes one like yourself, then you can keep it. No thanks, we got something called common sense, unlike yourself.
slhines7 1 year ago
Did you even bother reading his statements on Tesla? Do you also think, that there is a huge conspiracy against free energy? I am not a scientist, but I also do not claim to know anything about it - which is the difference.
But yes, I have studied economics. Schiff simply sales cheap propganda, it is so embarassing, when screams around like a madman...
AustrianAtheist 1 year ago
@AustrianAtheist DId I even bother reading whose statements on Tesla? I don't recall ever hearing about that either way. In regards to free energy conspiracies, I don't know what you are talking about? In regards to Schiff being a cheap propaganda salesman, I entirely disagree with you. Schiff was and is right about the economy. Schiff screams at times like a madman rightfully so, since he is disgusted with what is going on is al. If you actually listened to what he says, then you would know. y
slhines7 1 year ago
My disrespectful comment was an answer to the Tesla-conspiracy guy, not the fanbase of Schiff.
Roubini, Prechter, Schiff..all these prophets of collaps do not deserve my respect. They have earnt a lot of money from their fear mongering and when you do some research, you will find out, it is the same after every crisis.
Why was Schiff right about the economy? Don't stress the fact that he saw the depression. Supporters of different schooles then the ruling, always propose that like many marxists
AustrianAtheist 1 year ago
@AustrianAtheist I personally think that you are entirely wrong with your assesment regarding Schiff, etc. You obviously are a Liberal with tons of debt that does not actually work for a living. In addition, FYI, I still don't know what the heck you are yappin' about with this Tesla thing. FYI, look up Max Keiser, Marc Faber, Gerald Celente, Jim Rogers, Ron Paul, etc.... if you really wish to know what is going on with the economy!
slhines7 1 year ago
I am hardworking, have studied economy and law, don't have any debts and am not a liberal or keynsian. (account of my brother -> I am not 18 but 23)
You just worship the propaganda-economists, that appear on TV or on the internet. Have you ever published anything, have you ever worked with an scientific approach? Gerald Celente just predicted a revolution...all these predictions are not even self-fullfilling, they are just spread by people who want to make money out of that nonsense
AustrianAtheist 1 year ago
@AustrianAtheist Good for your man and I give you props for your hard work. Although, I must say I don't agree with your line of thinking and we will just have to agree to disagree regarding Schiff and the economy. Sad to say that they don't teach common sense in college.In addition, I catch your drift with Celente and all, but what about Max Keiser, Jim Rogers, Marc Faber, WIlliam D. Engdahl, etc.....? Don't be so closed to learning from these people, who are not all about making money.
slhines7 1 year ago
This has been flagged as spam show
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zxcts 1 year ago
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zxcts 1 year ago
he never smiles on camera but you can bet your bottom dollar he's laughing behind the curtains...
howardb42006 1 year ago
The recession is caused by humans. Whoever has the most chips at the end of this poker game is the "winner" Everyone else has to die of starvation, sell their homes, lose their jobs, accept shit working conditions.
I still can't believe a very small number of individuals on this planet own almost all the fucking wealth.
NEWS FLASH: wealth doesn't come in how much money you have, it comes in how much knowledge you can attain and use for good with your time on this earth.
WAKE UP.
superbri007 1 year ago
TO JAIL
BITARTEN 1 year ago
The international financiers are parasites sucking the life out of this world. They have destroyed so many countries and their actions have caused the loss of so many lives. Yet we continue to refer to them as experts and look to them for solutions to the problems they themselves have created. When will we learn? When are we going to say enough?
kojilalom 1 year ago
@kojilalom THe international financiers===Jews
zoso72365 1 year ago
@Solareffects That's what Bernanke's personal gay prostitute knows him for.
LazyOtaku 1 year ago
Now we have clinically insane people we have to take advice from...Nice!
TheGreatPenetrator 1 year ago
Bernanke is an economic MURDERER
TheHagueCityTHC 1 year ago
@CommonSensePeter
Very well summed up, thanks
TheHagueCityTHC 1 year ago
norman is a complete idiot.
tirmen8er 1 year ago 2
Why in the heck would you ever have this igmo on your channel? This person is horrible when it comes to anything that has to do with economics/predicting the economy. FYI, he is a big time hater of Peter Schiff and Ron Paul. He really is an idiot, really!
slhines7 1 year ago 11
Peter Schiff and Ron Paul are just populist advocats of hardcore capitalism. What must happen until you understand, that this crazy ideology has smashed quality of living in the US?
This is madness! Without a strong wellfare state, working class will get angry, evil and turn towards fascism/communism/....
AustrianAtheist 1 year ago
@AustrianAtheist Yes and there is nothing wrong with being for hardcore capitalism. We will have to agree to disagree with your line of thinking, stating this ideology has smashed the quality of living in the US. I believe that our govt, FED, central banks, etc have done so, not capitalism. We need for there to be a correction in our economy without govt or fed bailout intervention. Continuing do so, only prolongs the inevitable which is a collapse/welfare state. It cannot be avoided.
slhines7 1 year ago
It is a pity, that these radicals are not in power. I would love to see economic suicide once again. Yeah, let the economy implode...the market will heal itself...haha....
Economy without govt? Capitalism needs a state, that protects property rights. There has never and will never be capitalism without the repression of states.
Without solidarity a society is doomed to brutality. US-Americans overrate the stability of democracy. never underestimate the power of anger
AustrianAtheist 1 year ago
Mike Norman is against the fed now?
WHAT A JOKE!
jobrien2001 1 year ago
@jobrien2001 You'd be a joke for being for the fed, so what?
LazyOtaku 1 year ago
@LazyOtaku If you didnt know, Mike Norman has been the fed cheerleader for ages.
jobrien2001 1 year ago
@jobrien2001 Cheerleaders, figureheads, crooks, banksters. Lost in nomenclature.
LazyOtaku 1 year ago
he knows what he is doing, he's being paid well to kill the American economy, and we're all letting him.
dancingforrain2012 1 year ago
Lost Generation.... Kids don't know where is America going. No idea. housing bubble, bailout bubble, etc. We are producing nothing for America. It really sad country by throwing too much money for teacher's unions and kids can't find jobs.
codexdecipher 1 year ago
Most big corporations use two books. One for the big piles they sit on yield more than tax paid. The other for loan and credit profits they can collect through out the world except US and China. They don't pay for their local obligations but use national treaties controlling dispensable migrant workers. Why should people charge each other interests for exponential compound interests? The FED is just a religion of bubble economy. Can we set up an Anti-FED rollback market plunges and monopolies?
beancube2010 1 year ago
Mike Norman: "I'm STARTING to see"??? WTF dude... just now ? like this morning I just noticed he maybe the problem? lmfao and these are who we are supose to "Trust"?... /cry
Tunedup81 1 year ago
Wasn't Mike Norman one of the guys who laughed at Peter Schiff? Funny how he changes his mind when its convenient... don't listen to this idiot.
BillySmooth55 1 year ago
@BillySmooth55 yeah all you gotta do is look at the guy, he's a tool in an expensive suit.
dancingforrain2012 1 year ago
A Russia Today piece with a "drive by media" headline about the administration? I'm shocked, NOT!
mos6507 1 year ago
Oh my,Marina looks so lovely in her yellow dress.
She looks so pretty,she could raise the entire global
depression. :)
Maleblade 1 year ago
Micky Normans economic track record is pretty poor. I certainly wouldn't waist my time listening to what he has to say. He has no place being on TV giving a point of view.
turbotrana 1 year ago
@Solareffects
A miserable tool that is ^^
kaasvaag 1 year ago
Bernanke & the rest of the federal reserve crooks should be hung from a fuckin tree.
angelicsoulz 1 year ago
Lets have a world celebration when american crashes. Fine wine, beer, exotic foods and festivities!
elyasis 1 year ago
love these good news bout america :) karma is a bitch yankies :)
Damienm7 1 year ago
After the Great Depression of the 1930's, there developed a Pack Rat mentality among everyone. People would hoard everything. Everything! Spoons bent out of shape. Screws of any shape and size even if they had no use for them. Nothing would be thrown away.
The reason was because the Depression was so traumatic. Coming from the roaring 20's no one expected it and the severity. Millions died! But you don't read about it in the history books. The fragility of the system was burned into their minds.
harveybirdmannequin 1 year ago
Keynesian economics is Bullshit, silver and gold are the only way one asset for another.
NovusChaoMundi 1 year ago 3
@NovusChaoMundi How many gold and silver can represent all kind of resources we have or other countries have? Our productivity are now religiously suppressed by currency policies. I wonder how much more restrictions can be imposed on the population when limited supplies of gold and silver are worshiped again by those who can be driven to be obsessive easily.
beancube2010 1 year ago
This has been flagged as spam show
Downward revision of GDP growth a strong signal of stalled recovery
August 28,2010 Second-quarter economic growth was revised to an anemic 1.6%, a decline that was slightly less than many economists had predicted.
Video: 'Bernanke bad for US, Fed head's plan kills recovery'
Commodities prices mixed on economic growth news
1-800-270-2928 GOVERNMENT MORTGAGE RELIEF
88888FORCE 1 year ago
@Solareffects Precisely, and he knows EXACTLY what he is doing and there is not a damn thing we can do to stop him!
danmo43 1 year ago
GOLD STANDARD!!
M3minusGrowth 1 year ago
FUCK YOU MIKE NORMAN!! YOU WERE LAUGHING AT PETER SCHIFF WHEN HE TOLD WHAT WAS GOING TO HAPPEN AND WHY.
RT YOU NEED TO DO YOUR RESEARCH BEFORE YOU BUT THE JOHNNIE COME LATELTY GRANDSTANDING PRICKS TO ACT LIKE THEY KNOW WHAT THEY'RE TALKING ABOUT.
Great topic, Horrible host.
You might as well have gotten Jim Cramer.
eyewitness043 1 year ago
Mike Norman,an expert,lol This tool advocated the printing press to solve all of the U.S's problems,then distances himself when it doesn't work.He's just another empty suit!
Goldsovereignuk 1 year ago
Just like all the other corporations of the world, the privately owned Federal Reserve Bank, which there nothing federal about it, is looking out for the interests of their shareholders, major domestic and international banks, which is diametrically opposed to the interests of everyone else.
revolutionnot 1 year ago
Bernanke = Lenin
Smashing capitalism the parasitical way.
CreativeDissent 1 year ago
Bernanke is a saint and doing the work of Jehova.
Believe not and you're an anti-Semite!
CreativeDissent 1 year ago
Mike Moron laughed at Peter Schiff five years ago for predicting this economic collapse and now Moron comes out AFTER the fact that the Greatest Depression has been occuring and says, uh duh, we are in an economic mess!?!?! What an ASS CLOWN!!!! I'd give it 0 stars but the message is at least correct, albeit, late to the party!!!
ibislee 1 year ago
This has been flagged as spam show
let it die
planetoperator 1 year ago
cutting interest rates? from 0%?
Takako127 1 year ago
The profit motive breeds corruption..
Cancerous and corrupted institutions like the federal reserve are born from the system itself.
silversobe 1 year ago
What recovery?? Those are just mathematical gymnastics it doesn't mean a real recovery!! U can't rebuild something that doesn't exist!!
ShaktipatSeer 1 year ago
RT. WTF are you having Mike Norman on your show? He's a fraud... It would have been MUCH better if you had Peter Schiff on... Peter Schiff can nail Mike Norman logic to the wall.....
cowboy219 1 year ago
Hey RT--go find a real economist.... Mike Norman is a failure as an economist and a human being.... Because he is a Keynesian... I notice Mikey has no solutions since his last ones from 2 yrs ago were disastrous....
frontier1701 1 year ago
END THE FED! Hang all those NWO bums!
gmako74 1 year ago 3
Mike Norman is a fool. The Gov taking peoples money (taxes) and spending it to boost GDP is NOT economic growth. Its like trying to live on sugar.
theslimeylimey 1 year ago
You should have Peter Schiff on here to talk about the Fed. He knows more about the Fed than anyone else, except Ron Paul of course.
sniper6081 1 year ago
Hard times for us Americans are for sure coming. There is a huge recession coming. If you look at what Ben is doing, he is causing inflation. By keeping interest rates low, he is causing the dollar to become weaker. Us Americans are in for a long road ahead. Stop spending and start saving your money, in other countries like Britain or Canada. Get he hell away from the dollar.
1333fuller 1 year ago
Google "Money Masters"
OnTheRoof1 1 year ago
this guy lives in luxuries while the rest struggle.
alen209 1 year ago
We cannot get this economy going until the banksters allow real estate to deflate at least 60% down to real value so that people can afford homes. Lowering interest rates does nothing if homes are overpriced. Homes must drop another 60% and this will ignite buying and stimulate industries tied to the real estate market. If we don't allow Deflation, nobody will spend. Everyone will wait for prices to drop. We need to let prices fall now!
drkevincampbell 1 year ago
This video is the truth here.
jmjfanss 1 year ago
Wake up people. Vote Ron Paul, or lose your country
Robin18us 1 year ago 2
Bernanke is an Israeli passport holder (just like 90% of the neocon calbal - Wolfowitz, abrams, jewison etc). Why is anyone surprised why he is not interested in the US Economy?
PeterSodhi 1 year ago
Ron Paul is the answer. RP 2012!
Infinite0Antigravity 1 year ago
Government spending comes from government income. Government income is taxes, or forced donations by the people. You want growth? CUT THE GOVERNMENT and let people keep more of their own income.
The end of the Bush Tax Cuts will cause a serious double dip.
Brantoc 1 year ago
PIG
xxjayfrostxx 1 year ago
This has been flagged as spam show
this old fucker need to get the fuck out of my country.
ttranccoc123 1 year ago 2
Mike Norman is a true believer in money printing. A guy saying the US has no debt problem, they can just print all the money they want. I can't believe he is saying this sincerely, he has to have some kind of vested interest in this. Don't believe the hype.
svessien 1 year ago
@svessien I wonder why hes on russia today now. hmmm
WrxSti04 1 year ago
THERE WAS NEVER ANY RECOVERY
1x93cm 1 year ago
What happened to Mike Norman? This guy used to be a hard asset guy, a true gold bull. For yrs I watched Norman be a fairly straight guy. Him and Jon Nadler have just totally flipped. Norman recently said "No country that prints it's own currency can go broke." I swear to God he said that. C'mon Mike. Come back home. I'll forgive you.
lintburger 1 year ago
@lintburger Hes nothing but a dirty russian commie! Lynch him!
WrxSti04 1 year ago
Ben Bernanke is being exposed...In America
TheGrungeLibertarian 1 year ago
within the first 3 seconds my bullshit alarm was going off. Economic recovery never even existed in the United States. Hes a Trilateral, CFR, Bilderberg, Wallstreet Bankster no good sack of shit.
Benjaminb46 1 year ago
mike norm was wrong im surprized hes still on tv after the peter schiff was right video lol
stevenjaskolka 1 year ago
you cant borrow yourself out of debt...
the federal reserve is destroying america ... end the fed !
DjEyesOpen 1 year ago
its beginning of the end of the US parasite economy
HunterX78 1 year ago
LOL KIKes
getDun2012 1 year ago
damn, that guy co-wrote my economics textbook.
lemondirector 1 year ago
The economy will not recover again. This is the NEW AMERICA!!!!
VexZeez 1 year ago 2
Screw Ben Bernanke he likes to blackmail
EvesUnderground 1 year ago
its the WHOLE SYSTEM! expose the rothschild bankers RT ===== expose them!
WorldCapitalBeats 1 year ago 2
sdfsdfasdffsda
Yamakashi1 1 year ago
This has been flagged as spam show
FUCK CENTRAL BANKS... I say we tell them to go fuck themselves, we don't want your monopoly dollars.
XeonProductions 1 year ago
This is all done by design. This shouldn't be a shock to those who have been paying attention at least since 2000. Even more so for those who have been watching since that MCA/Hollywood created Politician, Ronald Reagan! The sad part is it will continue as long as they keep lying to us we'll except anything they say.
It's all a game to these people and we are only sheep that they keep shearing. No reason to kill the sheep when you can just keep shearing its wools. Maximum the use of us slaves
genefire 1 year ago 2
USA is dead.
Hogums 1 year ago 3
@Hogums Yes and the globalist banks who pillages the USA are now filthy rich. Can Congress pass a law taking back that stolen wealth?
Rockguitarnow 1 year ago
Wait wasn't this the guy laughing at Peter Schiff when he predicted this years ago?
MoTiOn718 1 year ago
You want to fix the economy? Kick out foreign bankers (British) they are Robing your country and own your gold!
1010100101 1 year ago
@1010100101
Are you a idiot? Your very own corporations and banksters and Zionists are ruining the country. Throw off the Zionist Israeli yoke, and exterminate the demonic, corrupt bankers.
GoldenZealot21 1 year ago
@1010100101
British bankers are in the minority I would have thought. Jewish bankers on the other hand....
Sloppy998 1 year ago
Everyone should youtube the video entitled Peter Schiff was right.
1998awest 1 year ago
How about ending wars, closing foreign bases, stopping the bailouts, ending the perpetual welfare state, etc?
carpaltunel 1 year ago 4
Mike Norman is telling US why there's a recession???? Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahah ahahahahahahahahahahahahahahahahahahahaha Man is an idiot and laughed at Schiff when Schiff was the only one on the planet to see this mess.
Icriedtoday 1 year ago
How is any private spending going to improve, when people have to save to pay all the TAXES?
CurtHowland 1 year ago
Is everyone STUPID everywhere the central banking system took hold there has been FISCAL DOWN TRENDS ! WOW ! In Europe before the CENTRAL BANK TAKE OVER there where no countries failing!
Why is that? The central banking system steals wealth ! Then calls the theft Fiscal intervention!
Wake up people there was plenty of money before central banks and INFACT in history all the great booms in all countries HAD NO CENTRAL BANKS! WOW!
So who needs WHO?
sealhunter5 1 year ago 25
Quantitive Easing (printing money) has a zero success rate. Why would anyone follow a strategy that has a zero success rate?
Think Zimbabwe, Japan's lost decade, the Weimar Republic and hyper inflation.
The USA is following Zimbabwe - it beggars belief!
UKSecretCourts 1 year ago
@UKSecretCourts Amen Bro! Norman is a class-in-itself idiot!
Icriedtoday 1 year ago
Norman is right about Bernanke, but wrong about govt spending. Mike I have news for you - the govt is broke.
bloodowrm 1 year ago
This has been flagged as spam show
WE NEED President Sarah Palin so that she can EXPOSE the CIRCUMCISED PUSSY of Bernanke! She will take this devious, coniving dirty cheating JEW and have him hung upsidedown on a cross with his legs spread out and his PUSSY facing GOD and the HEAVENS! President Palin WILL DESTROY the Fed with the POWER, FURY and WRATH of GOD HERSELF just like Jesus DESTROYED the Temple in the Passion of the Christ!
ecwaufisxtreme 1 year ago
@ecwaufisxtreme She is a Zionist....pro Israel. Ron Paul wants to END the FED!
Kitswain59 1 year ago
LOL!!!
How could it possibly be worse?
Ben Bernanke is in other words stating that he will do nothing.
Glurgi 1 year ago
THE ONLY THING THAT WILL HELP THE RECOVERY IS A GROWTH IN DEMAND OUTSIDE THE US LOL
YourLordliness 1 year ago
@YourLordliness
Well that's the US stuffed then!
Don't think Portugal, Iceland, Italy, Greece and Spain can help you there.
UKSecretCourts 1 year ago
Bernanke appears to be doing his best. It is Barack Obama who is having the greatest chilling effect on investment, job growth, and therefore spending in this country.
jedmerrill 1 year ago
@jedmerrill and what about baby Bush ?
DavidAKZ 1 year ago
Isn't this exactly what happened in Japan circa 1990? Credit crisis -> bailout -> failed stimulus -> radical social policy reforms -> 2nd failed stimulus. Keynesian economics doesn't work. It didn't work in 1932, it didn't work in 1990 Japan, and it isn't working now.
Maybe politicians should just stay out of it and let the economy naturally recover
ThePoliticalMoose 1 year ago 2
@ThePoliticalMoose In Japans case people had a high savings rate to start. Not the case in the US
DavidAKZ 1 year ago
This has been flagged as spam show
Mike Norman is almost as bad as Bernanke. RT needs to get Peter Schiff on here. Norman was laughing when Peter Schiff predicted all of this shit.
InMooseWeTrust 1 year ago 2
Bernanke is clueless?! Gee, I had no idea : )
Melville10 1 year ago
Who the hell is this Mike Norman guy? Is he fucking stupid?
utubingmetubing 1 year ago 2
Amen brother to the question about how you get a rebound with record unemployment! End the Fed.
Plum369 1 year ago 2
Wow, someone actually put Mike Norman on TV again.
deke76 1 year ago
END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►END THE FED ►
RebelRouserMC 1 year ago
Mike Norman is almost as bad as Bernanke. RT needs to get Peter Schiff on here. Norman was laughing when Peter Schiff predicted all of this shit.
capitalist4life 1 year ago
Mike Norman is a fucking-ass clown just like Bernanke! Peter Schiff had been saying this economic ship is going to sink for the past ten years before all this bullshit happened and Mike Moron laughed at him. Now he finally wakes up! Ass clown!!! Berstanky is "Student of the Depression", so grow up and wake up America! He's leading us into the Greatest Depression and helping his bankster buddies at the Fed Reserve to our money!!!!!!
ibislee 1 year ago 2