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From: OccupyLAMedia
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  • Ron Paul 2012 OR WE ARE FUCKED. WE CAN NOT HAVE ANOTHER Obama, Romney, or Santorum. They are all OBAMA clones. You better do your research on all that are running for President. Please do not follow the status coe. The Constitution was put into place to protect us from this very thing.

  • The FED is a government agency, a GSA, just like FNMA, Freddy Mac, and FHA. The FEDERAL in their names means established by CONGRESS. They all were. The idea that the FED is an organization run by private bankers is utter leftist nonsense.

    The Federal Reserve System is the central banking system of the United States. It was created by Congress on December 23, 1913 with the enactment of the Federal Reserve Act.

  • A government-sponsored enterprise (GSE) is a financial services corporation created by the United States Congress. Their function is to enhance the flow of credit to targeted sectors of the economy and to make those segments of the capital market more efficient and transparent. The desired effect of the GSEs is to enhance the availability and reduce the cost of credit to the targeted borrowing sectors: agriculture, home finance, business and education.

  • @MediaCop Nope. Please see: Lewis v. United States, 680 F.2d 1239 (1982).

    Federal reserve banks are not federal instrumentalities for purposes of a Federal Tort Claims Act, but are independent, privately owned and locally controlled corporations in light of fact that direct supervision and control of each bank is exercised by board of directors, federal reserve banks, though heavily regulated, are locally controlled by their member banks,

  • The Bush Family was extensively involved in that S@L scandal back then too. Just like the Bush Family was extensively involved with the rise of the Nazis. The Bush Family was linked to John Hinckley who tried to assassinate Reagan. That is a family of demonic scum yet Right wingers love the Bush clan.

  • @heartfire451 you got that right, the Bush family should be held accountable for this massive rape of justice. William K Black stands for justice and american people are doing a great job by giving him full support.

  • William K Black for president. Why is it this country can't have people like him in positions of power? Why is it so?

  • Oh, I love this, thank you so much. We are the spaceships of the aliens/angels. lets open our hearts and let ourselves (the aliens/angels) manifest in true form. We dont have to wait for them to come into our skies, we just have to awaken.

  • Good video here.

    

  • TEACHERS UNION = JIM CROW

    LYNCH UNION LEADERS

  • The problem is we are stuck in a time warp created by the powers that be. The news media, politicians, corporations propagate the information and we all buy into it.

    Set your mind free of all the BS and you will soon see what they do.

    It will all be very clear then.

  • William mentions fraudulent 'statutes' but doesn't mention that a 'statute' is not a law - a 'Statute' is legislation and requires consent to be applied. Statues are not laws, they are a fraud as well, lets talk about that and the birth certificate scam!!

  • Our government forced the banks to make the sub-prime loans - if a bank refused, they suddenly were not eligible to expand, and they were treated horribly by the government agencies - the fed, Congress. Once the banks had the sub-prime loans, they did bundle them and sell them - and the government looked the other way - and even encouraged it. It was all done on purpose as part of a plan to overwhelm our financial system - to bring it down.

  • @WisestOne77777 The FED is NOT a government agency. They are a PRIVATE bank and the ROOT of this problem. The banking families who own the FED, IMF and World Bank also OWN our government and almost ALL of the prominent politicians in it. You must understand the source of the problem if we are EVER going to solve it. If you do not understand this, you can get rid of politicians until we run out of them and you will never fix the problem. Politicians are the sharks teeth of international bankers.

  • @shawnmlynch I so agree and if you follow money the history it goes way back in time to Egypt! Check out David Icke he has the truth and answer to our present day society, we have given over our power of our minds and have cut ourselves off of the Universal Energy as we live like sheeple, in fear of armageddon etc. Waking up and KNOWING we have been lied to and knowledge hidden. We are an amazing race of humans we have expotenial power, to have abundance, prosperity, joy and peace now!

  • @WisestOne77777

    LOL! No one forced the banks to make fraudulent loans! They did it through their own greed.

  • Our government forced the banks to make the sub-prime loans - if a bank refused, they suddenly were not eligible to expand, and they were treated horribly by the government agencies - the fed, Congress. Once the banks had the sub-prime loans, they did bundle them and sell them - and the government looked the other way - and even encouraged it.

  • @WisestOne77777 I watched hearings on the savings + load scandals; these committees cover-up The BS THE S +P + all the financial houses were selling 'worthless bundles of mortgages' as triple A stock.80's I went to get a small loan out on one of our PAID IN FULL properties; after a few questions the bank-ster told me; "I cannot give you a loan on your property; because I cannot resell your mortgage."DO you know why?-->No centralized A/C or Heat. Yep. TRUE. Why do I have to pay Prop/ taxes(?)

  • Very good! A very simple question:

    Why is fraud endemic in American financial institutions and other U.S. industries?

    Because the American government is the world's biggest criminal enterprise, from the White House down through all departments and agencies. It starts at the top!

    By example, the government stimulates fraud in all institutions and industries.

    If the government was clean, it would not tolerate fraud, and fraud would disappear.

  • Excellent information. Thank you Will Black now what do we do next? God's speed because we both know there is not much time. Let's go after them.

  • elite, what a funny name for scum.

    Just a reminder, bush, lay, haig were on the board of eli lilly and bush put a provision in the "patriot act" (hitler would have been so proud), that parents of autistic children could not sue Eli Lilly for the mercury in thimerasol.

  • utilize a razor, please

  • @MrDitto30 Men do grow hair, it is natural.

  • @MrDitto30 DEFINITELY against some criminal bankers' testicles and labias!

  • Ameriquest was forced to make sub-prime loans by ACORN and the attorney general.

  • 2 people like tyranny

  • @PatriotReport speak for yourself.

  • pepper spay this blow-job....

  • This isn't a "teach-in" it's a spewing of propaganda. Real teachers teach the virtues of free-market economics, liberal hacks teach Marxism or one of it's many variants.

  • @DOHC2L Are you a joker or the devil?

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  • Very interesting he fails to name the political party and legislators responsible for the enabling and protecting Fanny Freddy fraud until the actual crisis that did happen!.

  • What about the fraud in Congress and the White House?? They are just as responsible for the tanking of our economy and need to be held accountable! For those of you screaming where is the DOJ.?....the DOJ is complicit! Why doesn't this video mention the warnings that the Republicans gave in Congress in 2004 regarding Freddie Mac and Fannie Mae while Barney Frank, Maxine Waters, etc. etc. fought them tooth and nail??

  • @coreyrills they are busy occupying joe blow to further ruin the economy that looks like it can no longer Support or Subsidize their Sorry Socialist asses.

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  • Where is the DOJ ? DOJ wake up ! Ninja loans. no income, no job.

  • Where is the DOJ ? DOJ wake up !

  • Thanks for sharing this.

  • The Law has made us lawless.

  • @EinarrAldrhund William Kurt Black (born 6 September 1951) is an American lawyer, academic, author, and a former bank regulator

  • @EinarrAldrhund obviously you jest. People who understand and do not want to dodge the criminal code are not whiny liberals. Fraud artists do not deserve the label "conservatives"

  • get this message out it is an outrage that these parasites are destroying the fabric of society

  • Liars everywhere.

  • Beautiful. Could not say it better

  • there is no way in our system to protect ordinary people from corporate fraud committed by the likes of goldman sachs.

    /watch?v=kgvgHQMV6Mc

  • thank you angelo mozilo

    u pos

  • Prosecute the financial criminals!

    Patrick Wells

  • @pwells5 Without consequences for such egregious crime against society, the United States will continue a steady decline.

  • Wow! William Black is outstanding. There is so much to learn from him. He could really get things on the right track.

    President Obama and Congress are in on the take down of the US economy. Obama (senator at the time) was the main cheerleader for the first phony bailout. People across the country called their representatives to say "no" to the bailouts (the number one call of all time), congress ignored their constituents and voted to bail out the banks. The people had no say.

  • @Whorulesnow Obama had better meet with Black, and show that he unequivocally supports lawful management of the financial industry or he does not deserve re-election. The country would be far better off with Ron Paul, despite his mental blocks on community control of health care.

  • @manifesto2000

    Agreed. Thanks for the reply.

  • @manifesto2000 Ron Paul would not support regulation. Libertarians like Paul follow Ayn Rand who would believe the bankers should be allowed to do their deeds without checks and balances from government, a social democratic government that would provide the checks and balances required to produce the greatest common good.

  • Excellent speech. This should be heard by everyone.

    Neil Bush, George Bush, Sr. son, was one of the players who started the savings and loan crash of the 80's. The day Neil Bush was to be brought out for his crimes President Bush, his father, invaded Iraq over the Kuwait lies that lead us into that conflict. During the 80's the America taxpayers were supplying weapons to both Iran and Iraq to they could fight each other. It goes on and on and on. Congress gives them all a pass.

  • Dr. Black is my hero.....jail them all Dr. B !

  • When 5 years later the realtor wants to sell that house for $600k who then can afford it ? A first time buyer, no way. It was not just your 1% on Wall Street , it was many more in a corrupt industry across the nation all working hand in hand to maximize their commissions and bonuses with no care for the end result. And Washington insisted (both sides of the house ,including Obama) that we bail the crooks out!

  • I informed him that the housing market is driven by first-time buyers and that with greedy realtors stating that home prices doubled ,historically, in 5 to 10 years and lenders fighting over eachother to give loans on such homes it would all collapse. With real incomes increasing at around 30% in 15 years how could a household earning $40K buy a $300K home? Only with a suspect loan! Even the FDIC knew this was not sustainable .

  • In the summer of 2000 as the dotcom bubble burst I had a conversation with a gentleman who had been one of the first Pres. Bush"s economic advisers. I informed him that that would only be a small collapse compared with the housing bubble. When I explain my reasoning he was shocked that no one had offered such an opinion to him and that it made logical sense.

  • YYYYYEEEEEESSSSSSSSS!!!!!!!!!!­!!!

  • Bravo Bill Black...Bravo!

  • He forgets Speaker Jim Wright, and Donald Regle from the Keating 5 were DEMOCRATS! The Regan Administration?  It was bipartisan!

    And anyone hear of Whitewater S&L...

  • @tztz2026 Mr. Black has made it very clear that both parties share responsibility in the cleptocracy, despite any omissions in this speech. Accusations of party favoritism serves only one purpose, and that is to divide consensus. Should people put their political ideologies aside, they can effect change, and end the stranglehold of corruption our government has on our country, through BOTH political parties.

  • @tztz2026 They are all crooks. Thanks for pointing that out. I have love for none of them.

  •  AG Eric Holder is a joke.

  • Really excellent! People better have lists of these monsters. If you end up starving you will know who to eat.

  • Pass this on to everyone. William Black's argument is irrefutable.

  • (Yes, I realize the autotranscript is available, but it contains too many mistakes. This means over an hour or so of me trying to figure out what was meant, either by running the words thru my head (and I happen to be able to understand how a word sounds & rhymes, many deaf people don't) or trying to lipread him (and he has a mustache/beard) This results in tedious replays of a few seconds here and there over and over again to make sense. So yeah, I ask for transcripts or a human-edited CC...

  • Any chance of CC or transcript for deaf people?

  • @browneyedgirl65

    check out my channel, I recorded a bunch of "big" speakers/teach-in videos from occupy wall st in nyc, took time to listen, transcribe, and close caption them. there are a couple of videos i haven't cc yet though.. check the descriptions

  • Wow. You can't link this video on YouTube without getting that crappy "Capcha" version of the link. Are there any mirror sites for this video?

  • The way Mr. Black describes the situation so deftly, you'd think that everyone would be marching to the DOJ and demanding these lazy bastards to get off their asses and start tossing some crooks in jail.

    THIS NONSENSE CANNOT CONTINUE!

  • @dink65 Too much complacency. The people of the United States have for far too long had a blind trust in their leadership who have been profiteering off a global corporate government criminal consortium. Look to the Bechtel's, Koch's, Walton's, Bradley's…such monarchies have bought the politicians and the supreme court of injustice that assaults a government of the people.

  • Dr. Black blogs on New Economic Perspectives, and is a proponent of Warren Mosler's economics, WHICH EVERYONE SHOULD LOOK INTO.

    Mosler has a free pdf of his book on this site moslereconomics. (There is a typo on page 49, which was hand-corrected in the hard copy book. The first paragraph should read "output and employment—not the size of the deficit...")

    It's a short book. It will be revelatory to everyone. (The first page is blank.)

  • @BubbaLouis here where do you get that book again from? That's something I'd be interested in reading...

  • @digisexdj Look at my post again and look for the word after site that has mosler in it and add the standard ending for a url. YouTube would not let me give you greater hints. The book title is The Seven Deadly Innocent Frauds of Economic Policy. It's a pdf NOT a doc. At the site I've indicated, the book is on the left. Then reread my post below for the errata.

  • @BubbaLouis Thanks for getting back to me..... I was able to find it no problem... if know of any other books that would be of intrest be sure to let me know... Peace From Ireland!! 

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  • He should come here in Italy and save my country. help us to difoult and lead us going out of Euro .

  • William Black should be our Attorney General

  • @ThkThe99 He should be the president.

  • @ThkThe99 it doesn't matter how good the people in the highest positions of government are, because they will always be subverted by the real power in the country. Look at what has happened to everybody who has tried to change the USA. No one person can do it, it has to be achieved by mass protest.

  • great speech

  • Thanks for posting this. I missed it that day. Great work Media Team!!

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