BERNIE MADOFF PONZI SCHEME & TRILLION DOLLAR MORTGAGE TIME BOMB

[fairiegirlga]

I am curious, what do you think is going to happen with our economy over the next 12 months?

[creedstat]

love your vids keep up the good work Chris!!

[unitedwestand1775]

The consensus is in, most of us agree. This is NOT our government. They do not even pretend anymore to represent the American public. This is a group of invaders pillaging our country in tandem with the bankers, power wizards, and financial vampires.

You think terrorists are a threat?

Our real enemy is already inside the gates.

A growing number of us are tired of the dialogue and ready for action. TODAY!

If you're ready for positive action, let me know.

[AwakeInNJ999]

Very cool, i'm glad I found this!

[goldspring187]

Peter Schiff has the same point, he said the little credibility that Bernie Madoff has is on ponzi schemes, but of course he was laughed out of the water with that statement..search for 'Bernie Madoff Says the US Government is a Ponzi Scheme (Peter Schiff)'

[gwh21375]

I've been hitting the local taverns with my free time lately. Although I haven't drank a drop in over a decade. I've been striking up conversations and subtly steering the conversation toward the subject of our iminent demise. I'm lucky, 'cause I gotta a talent for talkin' to people. Lettin' them know that I'm no different than them. Except I caught a glimpse of something one day. It really got my attention! So I dug deeper...Guess what I found? "What's that?" they usually respond...perfect!

[WTFisGo1ng0n]

they are raping us with our clothes on. lining their pockets with our money, destroying the nation and probably filling their basements with gold and silver.

bastards!

[marniespeaks]

nice sign

[TerralO3]

What happens when an 'event' causes the coming collapse and the store shelves are empty and the masses in the large cities have no food? The people coming to harm you will not be the govt and will not be people after your gold or silver. They will be hungry. Then you will be begging for the police state to put the hungry mobs into FEMA camps. Those prepping for the coming collapse are making preparations to execute Survival Mode Contingency Plans meaning rural location, food, guns, water ...

[mozaks80]

Liking the new look Christopher, China has stopped taking hits on their books for the benefit of the US govt, what happens when they start calling their debt payment?

[drkevincampbell]

Do not confuse credit expansion with inflation. Most people simply do not understand the difference. Credit now makes up 98% of the current money supply. Credit eliminates currency during contraction and with massive job losses, no lending, and lack of spending is fueling the largest currency contraction since the 1930 deflationary depression. Most people have no idea what is coming. They are being fed misinformation on money printing when nothing of a sort is actually happening.

[pdxeddie1111]

Ya in portland Or they are running into big problems so their big idea is raise property taxes. Thats all they know TAX AND SPEND

[evergreensing]

Entire world needs a major clean up

[PaulbylPaulbyl]

Bernanke says he is "cautiously optimistic about the economy."

This has got to be the slaughterhouse statement of the year.

(Thanks Ryan for the cool background sign.)

[savgal1211]

Democrats take money from the middle class to give it to the rich government worker. Only rich people can retire in their early 50's and get 70000 a year for life and free health care for life. Democrats are for the rich.

[savgal1211]

In “the devil’s world”, you are only as free as you can afford to be! Plan accordingly

[rossm123456]

Trader Harry Markopolis spent a decade trying to alert the financial authorities about the Madoff scam . The fact he spent ten years trying to sound the alarm should tell people everything they need to know about the integrity and intelligence of the SEC etc etc .

[johnnycaboosehead]

When I started this video, I noticed how you were all laid back and chill with the new logo and all.

I was like, "Oh no, he's getting all 'formal' now."

Then, @00:48, you come alive !

Whew !

You scared me.

[stuntdoogie]

Bernanke and Lil Timmy dislikes this video.

[Winst0nOBoogie]

When did James Spader get in to Finance?

j/k

[kcirdrab]

Just a re-heated Schiff broadcast from yesterday with a bit of Celente mixed in

[RUBuyingSilver]

Great video and commentary! When I read Madoff's remarks, I thought it was hilarious and nobody can dispute his claims. It's going to get ugly out there. Be prepared!

[watertonrivers]

Great Video once again. You are an outstanding speaking, wish I had half the talent.  I saw Warren Pollocks video as well, I totally agree with him. We have been in the throes of a police state for quite some time...thankfully he(Pollock) and many of us, young and old alike can see straight through the veil!!

[ace1122tw]

I would subscribe but I already did a long time ago.

[KiaOra53]

Sharp logo, well done Ryan.

[de225221]

Chris is a very Brilliant guy... Pass his videos to others...

[houndogsteve]

I find it amazing that Politicians are pointing to Ghadaffy saying he is in denial and fail to see the parallel denial going on over here! "My people love me! they will die for me! No problem here Mwahahahahahahaha!" said Ghadaffy today.

[watertonrivers]

@houndogsteve Very astute observation. We have a crisis brewing right here on US soil!! This corrupt government of ours needs to be put on notice!!

[tuubydude]

The last time I saw a pink elephant in the room I was having a REALLY good time. No wait, it wasn't pink, it was chartreuse. Never mind.

[fsujci]

AND Does anyone know if a 529 Plan can be moved into PM's?

[fsujci]

CG--Which country do you think will survive this mess as the most resolute, financially stable country.

I'm just exiting college and have money for grad school, but I just don't want to take the financial risk of debt in this economy. Who knows what jobs will survive/thrive during these upcoming bad times? I'm thinking I'd probably be off better moving to where people A. Care and the gov't B. Gives a shit about what its doing...

[KiaOra53]

@fsujci

Not difficult to find "A" but easier to find the needle in the haystack than find "B"

[capncrunch93able]

They probably smelt something was wrong and profitted from it, knowing when to get out.

[NHKman]

Good job on the logo Ryan.

[GOLDSILVERDUDE]

great video

[GOLDSILVERDUDE]

probably one of your BEST videos.

[powergirl901]

Chris, your new look is fantastic and you look really good. Now, in reality I am a guy, so this is beginning to disturb me.

[SCLARK2112]

Another great video Chris and I really like your ideas! I have another guy you might enjoy watching. His name is PastorDowell and he provides very good information on preparing for the ongoing collapse. He left the city 15 years ago and does everything he can to be self sufficient. Warning, he's very truthful and tough, a former military man. He pulls no punches, even if it offends people.

watch?v=PFBfwpVywLE&feature=re­lated

[mrzack888]

true. too many unethical, intellectually dishonest libertarian type conservatives wrongly blame government for causing the problem. the government is only at fault for not properly regulating, and for bailing out failure investment banks. time for glass stegall to be reenacted, and tax the shit out of otc derivatives market.

[dmger14]

@mrzack888

If there were no bailouts, then capitalism would work fine. Investors take risk, and if they lose, they lose without taxpayers taking the hit. WITH bailouts, yes, they need to be heavily regulated because banks now know they can take all the risk they want and losses are socialized while gains are pocketed. This is NOT capitalism, so associating libertarians and conservatives with the failure due to BAILOUTS they didn't support is erroneous.

[mrzack888]

@dmger14 there wouldn't be need for any bailouts in the first place if glass stegall was put into place to prevent commercial banks from going insane with deregulated derivatives. Conservatives free market agenda have been in place and taught in academia for the last decade, without proper regulations and laws capitalism goes insane. it must be protected from itself.

[dmger14]

@mrzack888

Given that there were bailouts, we would have been better off with Glass Stegall. The bigger problem for the US is all the reckless spending and entitlements. Medicare, medicaid and social security are the overwhelming pitfalls looking forward, along with the deficits that are crushing and continuing. The bottom 47% pay no federal income tax, yet can vote themselves other people's money.

[dmger14]

@mrzack888

ALL of it needs to be changed, but to point at conservatives as the reason for our fiscal problems is worse than the pot calling the kettle black. Bear in mind, not only were those on the left responsible for all the social programs, but Obama was right there with Bush bailing out the banks, and he's as far to the left as they come. Republicans need to curb military spending and democrats need to learn we can't borrow our way out of debt problems. Keynesian policies always fail.

[randude1]

@dmger14 Don't forget .. Barney Frank and the Clintons ordered Fanny and Freddy to loosen Mort. standards which caused the real estate crash... Bush was just too big a wimp to stop it 'cause the press would say he's stopping the poor from buying a house.. boo hoo

[dmger14]

@randude1

You are right. I don't know if I mentioned it below, but the Community Reinvestment Act (CRA) was a big part of the collapse, because they dealt with subprime mortgages by definition, and those are the defaults that started the whole mess. People who blame banks for taking advantage of homeowners are FOOLS, because the fact banks went under means they didn't charge ENOUGH interest to compensate them for the risk of default. There should have been no CRA and no bailouts.

[dmger14]

@randude1

One could argue the banks should have been bailed out because they were forced to make risky loans at rates that were too low to compensate for the risk of default. I think it all smells to high heaven. It is not capitalism to force banks to make such loans, and it's not capitalismm to bail them out. The only thing regulation should do is make sure there is transparency so investors know the risks.

[dmger14]

@randude1

Any fiduciary of institutional investors would have to make prudent investments or be fired for losses. Then other entities will ensure their fiduciary makes investments within certain risk parameters so they too don't suffer losses. THAT is how free markets work - risk and reward or failure, but determined by markets and not government intervention! As it is now, investors in bailed out banks get an equity return for risk that doesn't exist because they get bailed out!

[CrashMarket]

@mrzack888 Naw your way wrong ,our capitaism has been socialized by ultra taxation and greed by shadow elites..Free market is just business,but our business has been regulated into no free market..Academics in moct colleges do not talk about old basic capitalism..What do you mean by the last decade?It use to be taught over a century ago..

[dmger14]

BTW, much of the hunger around the world was THEIR money printing, albeit in lockstep with the fed. They had/have lots of debt they wanted to print out of too, and wanted to peg their currency to ours. Peter Schiff does a great job of explaining this in today/yesterday's videos and noting that the world is changing and will shift from inflation to controlling inflation and allowing their currencies to rise, which will lead to major inflation HERE! He nails those idiots on the finance channels!

[dmger14]

It's worse than that, because Madoff was REPORTED by an astute individual who showed unequivocal proof of the Ponzi scheme and was ingored.

The Community Reinvestment Act had a lot to do with subprime loans being made to people who couldn' t pay, which tipped off the collapse. Banks were complicit if they packaged the loans, but others got hurt, hence the need for a bailout. Bottom line, the fed low interest policy is HUGE in the bubble.

I agree with you 100% at 5:06!!!!

[coolmage9]

As for the younger generation fighting back, I will say that i know 5 people 18 to 22 years of age, that could care less about whats going on in the world. Basically they only care about waking up, smoking up some weed, playing video games, hanging out at the local park, and sleeping. Day in and day out. They live for today and honestly don't give a dam about anything. Sad but true.And refuse to hear about whats to come if they don't try to change there lifestyle.

[powergirl901]

@coolmage9 You'd think kids would be the first people to get bored by taking this stupid country so seriously. But there they go believing everything they hear and see from the news/government, believe their parents (who are worse than clueless about reality), but no. They may need electric cattle prods before they

come to their senses.

[SitDownShutUpp]

@powergirl901 hey not everyone. I am a college student. Even a science major that has nothing to do with business. I have been awakened. I try and convince some of my friends, but it is least of their concerns. The only thing that will snap my generation into an awaken is a major event, or some substantial decline in living. I have been buying up silver and gold. I have told my parents to do the same. They listen, but are somewhat reluctant

[dmger14]

@SitDownShutUpp

You are a very smart exception to the general rule. Most young people voted themselves a terrible future by voting for Obama. Republicans are half as bad themselves, particularly in the past decade or so. Ross Perot should have been elected when the problem could have been managed. YES, it WILL take economic hardship for enough people to wake up to make the correct changes. Most promises wins elections, so don't be surprised if Obama gets a second term from the sheeple.

[powergirl901]

@dmger14 Oh man, you should be my friend. I voted for Perot twice and even met him for breakfast once (with a hundred others). It's just disgusting about "kids" in the US...they are getting absolutely, royally screwed right out in the open, "hey, want to sign up for a $90,000 dollar loan for school...where the industry doesn't exist for repayment of the loan?" and they just line up to take it...except the person answering my post who has awakened.

[TheWord2You]

Very well said, my sentiments exactly.

[Judy101101]

i wouldn't use facebook, that is not a positive way to learn about each other - it's easy to hack into, my account apparently sent out unwanted emails to people I don't even know - very dangerous website and will get you hating each other more then coming together

[wildcatspec]

CG, do you make bad videos?! lol! I love you, brotha! keep up the great work! i'm spreading your word!

[cgreene34]

@wildcatspec Thank you my friend! I really appreciate it.

[AncientLegacy]

Great video CG.

[kashif9595]

brilliant as always :)

[MamaOkie]

Good ideas Chris! Forming local like minded groups is critical. We are making great strides in this direction in OK. We are developing a speadsheet of members skills and resources. We meet to learn skills from others such as gardening, canning and building bee hives etc. Most of us are corp business professionals - so learning these skills is a real stretch :-)