Banking Crisis..The Truth

[singledad1234]

911weknow com infowars com  henrymakow com

END THE FED END THE FED END THE FED END THE FED

[IJnet]

May as well become ex-pats in China, since they already own us!

[justpickanyname]

It was more than just a country "teaching" us a lesson. McCain was ahead of Obama in polls heading into the election and BOOM the run on the banks happens.

It could have been Soros and his ilk who did this.  Soros took down the pound and did NOT want McCain but his Marxist Obama puppet in power.

[j5356972]

You guys crack me up.

[JimboJammer1]

The Big Banks must  do Mark to Market Accounting.. they don't do it now..

[JimboJammer1]

check out >> Bob Chapman  2035 Banks

[Boomer1949]

Did a little research on Mr. Chapman and he's a gold guy. I'm finding a lot of people who are pushing this one world order and exaggerating some of the recent data, are Gold sellers or investors. Times are tough, no doubt but it's a change that's happening to our economic structure. Hopefully we are moving toward a producing selling nation and away from a consuming debtor nation.

[artemis12061966]

Goldman Sachs . Follow the money .

[bulbheadmyass]

The organized corruption is truly amazing. Thank you for this excellent video and for the link also.

[JimboJammer1]

Good Video... Good Job.... Buy Gold Buy Silver before sept. 30th '09

[Lockemeister]

the G-20 now is meeting in Pittsburg this week. In the noooze is the items the banking system is worse now than 2007 and that the world needs a new Global currency. Obama is now head of the UN security council. Next he will say we need a new currency. New boss, same as the old boss,

[Boomer1949]

Yes, I've heard some ground noise myself about the IMF new drawing rights being the new Global Currency, replacing the dollar.

This will not effect the currency we use to purchase around the world. It just means that the dollar isn't the standard for international trade any longer.

[believersunderground]

thanks I maid a new video. The # I found was 585 B total. yet they took more in the T's. Scott (BUG)

[NorceCodine]

Except there is no evidence whatsoever that there was this 550 billion "electronic run" on the banks in an hour. Kanjarski and the others don't understand the first thing about the economy with their law degrees and what not. Its a lot more likely that this 550 bil. was a lie, to motivate the bailout money quickly signed. The bailout

was nothing else but a scheme to steal money directly from the printing press. We have the most incompetent congress in the world and they took advantage of it.

[Boomer1949]

I have to disagree on the your idea that this run didn't happen. Some bank somewhere did this run by cashing in the CDO securities they were holding before the rest of the world could do it.  These securities are now junk the Fed is buying to get them off the banks books so they will begin to lend again.

[NorceCodine]

Interestingly though, Goldman Sachs is reporting unbelievable record profits without doing any work, Paulson is reported to be back at Goldman Sachs as "adviser" - must be a pure coincidence that these are the same people who sold the whole bailout to congress.

This "550 bil. run" in an hour sounds like a classic baiting of the hook to me. I say that a 14 year old from Brooklyn wouldn't buy that line. I think we should realize now that the "bailout" was a heist from day one.

[KarenGlasgow]

Albeit an informed and insightful conclusion... there is so much more to it. This has nothing to do with Dems or Republicans. And, when you really want to ask the question as to who has the power to cause a run on the banks within a 2 hour period.. the answer is the elite moneychangers. The same private shareholders of our very own Federal Reserve. If you control the money you control the economy. If you print, circulate, inflate, deflate and can call notes payable... Fed has the power.

[believersunderground]

boomer1949. THE WORLD BANK did this I have a copy of there agenda. watch my video on WORLD BANK the link to it is in it. you go girl

[permacultureli]

woman...love that mouth of yours...(and the mind behind it...bravo)!!

[Elvensteel0]

Subprime mortgage mess is wat caused it and Greed by alot of companies and corporations worldwide in beliveing they could pretend to keep making profit continuoulsy to dupe investors.

This plus economic study is what I used to succesfully predict the Economic collapse and it was no fluke I officially told people well before it happend to leave them no doubt where my position was after the event horizon happened.

[Elvensteel0]

Note 1: an etremely good economic adviser (my Dad) had told me about subprime mortgages back in about 2002 and how they where absolute ludicrocy.

Note2: on the bloomberg cable television channel around 2003 an economic adviser quite siply said GM - General motors cannot compete with rivals due its generous pension scheme which will bankrupt it.

PS on note 2: This points to the question of why the US government didnt just rescue GM's pension plan?

[Elvensteel0]

And Lastly (Well i wrote this first ) Cccccrruuuuiiiisszzzeeee

[CMLovejoy]

So what country pulled the plug like that to happen?

I think it was China, China is trying to kill us by taking the destroying economy.

So if this is try then why hasn't anyone else came out about this?

[Boomer1949]

Since making this video I've been educating myself on our economic system, what roll it pays in the world and a great many other things. To say it was one country, such as China, might be going too far but whoever it was, they were holding a lot of the CDS's sold by our banks and investment houses.

[Epic878787]

Sounds like you are saying that ultimately, excessive debt is the problem. If we didn't have so much we couldn't be held hostage. So what has the government done to reduce debt? Nothing. They are increasing government debt and trying to encourage more personal debt.

You said, "rebuild our industry" but there is nothing in the stimulus about that. They are keeping afloat money-loosing enterprises at the cost of profitable ones(ultimately). In order to rebuild, GM, etc need to go BK first.

[Boomer1949]

Yes, all the spending that went on during the Bush years and now the banking crisis, plus all it's fall out, has ballooned our debt out as far as the eye can see. The answer to how we, as a country, reduce that debt, is complicated and will take a lot of time to correct. After all it took a lot of time to get here, 8 years and 100 days. to be exact. And it won't be corrected with bumper stickers.

[Epic878787]

Imo, Peter Schiff is one of very few people who understands economics. If you haven't already, I hope you will take some time to watch his video's. You might try this channel...

/user/PhilDeCarolis

[Boomer1949]

I've watched quite a few videos where Schiff has been out spoken about his theories of economics. I haven't a clue which theory is workable and which one isn't. We've done pretty well as a country under the system that has been in place now for awhile now. Has it been broken? How the hell would I know? All I know is that because of the banking crisis the nations of the world are very upset at us and that has put this country in jeopardy.

[Epic878787]

Economics is actually simple. Don't allow yourself to be deceived to think you can't understand it. The way I look at it is(basically) there is real economics, you work, get something in exchange and trade that for other stuff. That's about it. Everything else involves some fakery or falseness like fiat currency, it opens up tons of complications and complexities but there is an element of fakeness to it cuz we assign value to paper and ink which is actually trash. etc and so on. good luck.

[heymrnickerbocker]

Best video ever. You nailed it on the head.

[PORTUGAL1010]

GEORGE SOROS and THE LIEBERALS did it

[albc1964]

Hello Miss Boomer1949; How are You Today? Just finished watching this video; I liked the points that you make esap the part about the run on the money market accounts. Hmm!!...I wonder what country would do that? Your comments only goes to prove the point that crashes can happen MUCH faster than in the 1929 Wall Street Crash where ther was no computer networks etc. Big mistake was Replublican President Nixon took US of the Gold Standnard in 1971. I could be wrong what do you think

[BAILOUTMONEY]

MONEY TO THE PEOPLE...... screw giving the bail out money to ANY Wall Street Co - Give the people the money, as they spend it it will fix economy, stop forclosures, get america out of debt, etc.

PLEASE join my protest to the Bail out and answer 1 question on camera: "How would you spend $297,000 dollars?" - That is the amount of BAIL OUT money given to the people....C'MON AMERICA, JOIN US IN TELLING THE GOV HOW WE COULD FIX THIS ECONOMY!....... The Fight Isnt Over YET!!

[tewerst666]

I have a friend that lost a large part of his investment funds that were sitting in a Leeman Money Market account. When I sell equities and decide to sit on the sidelines the money goes to a money market account. The firm that handles my account as well as many other accounts wanted to protect these accounts. My friend lost $500,000 in one day. He is slowly recovering some of the funds.

[Boomer1949]

Yes, it's true even the day traders and professional investors have lost a great deal of money..thanks to short sales and shorting stocks, you can gain back some of the losses. good luck.

[tewerst666]

I guess that PBS Special backs My statements. Thanks for the heads up great program.

[wardmagic1]

I'm just totally amazed that no one is even asking the question from the media or anyone who did this all at once!!!!! With this kind (amount) of money there is no other entity but China.

[Boomer1949]

There is a special on the PBS(dot)org site, called "Inside the Melt Down" done by Frontline. It's one hour long and does a great job on it's time line that runs along the bottom of the video. But they don't address who or even give a good explanation as to why. In my follow up video I pin point 9/11 and try to find out who was hit the hardest. According to PBS it was Leaman Bro. But Fannie and Freddie were hit hard on 9/8 - 9/10. They never say by who.

[wardmagic1]

Hey Boomer. I definitely agree with you that China was the only one with the resources to do this within hours. I was checking all over the web and I am amazed that no one is wondering or asking who did this run on the banks. How can they not see it. China is the only one with that much money in the US and it wasn't lato of people that got together and decided to pull out their money.

[tewerst666]

I spent the afternoon with an NFL partial owner and I asked him that if he were given a tax break what would he do with it? He said his other businesses are 30 to 40% down and that there is nothing a tax break would do for him. Somebody has to spend to get the economy going again. By the way there are plenty of hedge funds and brokerage accounts that easily total over 5 trillion. It is not that mysterious where the money could come from. Search tou Tube for CREDIT DEFAULT SWAPS EXPLAINED

[Boomer1949]

PBS Frontline has a special called (I think) Melt Down. You can watch it on line. It fills in some of the time line of events leading up to the TARP bail out. Although it never says who ran these banks, Bears, Leaman Bro, Fannie and Freddie.

[danny458]

Very interesting, but now the big quesitons is, where is your gov getting the 800 billions for the stimulous bill? Are they printing more money?  Buy doing this, they are devaluting the dollar even more. so the loaner is probably pissed and probably want their money back. The FED keep printing money like there's no tomorrow, it is causing major inflation. Now they are ask other countries to inflate their currency to meet with their irresponsible spending. (they call it currency manipulation)

[danny458]

This is very interesting.

[whathitthefan]

Good point Boomer. You never said what country did this, but your guess is getting close to the truth. The most likely party is some entity that have that kind of cash, we agree on that, but who has that much cash? Chine don't keep their cash in us money market accounts, so who remains as suspect? My hunch is its the same group that manipulated oil prices from middle of 08 to the end of 08, that group have hundrdes of billions in cash and even more after selling record expensive oil, its OPEC.

[tewerst666]

I own a small business and I have lots of friends that also own small business. Flooring is my business. Builders were a main part of my business but that has dried up. Mom and Pop are losing their retirements so they are affraid to spend.

So why do I need a tax cut when I am writing off a loss? Tax breaks work to revive a slowing economy. This economy has stopped and nobody is going to spend regaurdless of tax breaks.

[wardmagic1]

People just aren't going to spend money when they don;'t know where their next paycheck is coming from. You have to go to the backbone of america and it is small businesses. Give them more of their profits bakc and they will create jobs and get things going again. I never recieved a job from a poor person. Their not stupid. They'll just layoff to make their profits.

[Boomer1949]

Although I agree with the premise of what your saying, that has not been our recent history in this country. Business and large corporations have been getting tax breaks at the fed, state and local level and incentives to hire people from the lower income levels, yet they continue to use their profits to off shore, rather than hire more people or expand their business in America. This is especially true in manufacturing.

[Boomer1949]

It's also been true in recent times for service sector jobs. Lower pay rates for those who receive tips. Answering services, help lines and other phone services off shored. Even incentives to hire "special skill" workers from other countries, cutting off the opportunities for native born graduates. This is true in all graduate work sectors.

[Boomer1949]

I had a job this year with a very small company, 10 employees, yet the bulk of the work was done in China and shipped back to America to be labeled and sold here and around the world. On the books I'm sure his other company in China was listed as a supplier but he owned both and lives very very well, while paying his American employees sub standard wages. You can tell by the cars..beater verse Benz

[wardmagic1]

It all goes to the idea. you have to teach them to fish not just throw them a fish. You have to create jobs. I know for a fact that in my business.you give the head of the small businesses a break they will reinvest to get larger and create more jobs with the extra profits. THis in turn creates jobs but also makes more money for the businesses. Everybody wins. Businesses aren't stupid trying to take from the people that create jobs and giving it to those that don;t doesn't work.

[wardmagic1]

The "Just spending money idea" is not the answer. You can't just place a band aid on it and hope it will cause the wheel to turn. People will spend the small amount they are given but then stop again because they don't know where their next pay check is coming from. You have to create jobs so people will know they have a check 2-3 months down the road, otherwise the engine stops again. But with more debt this time. you have to give businesses a break to create jobs.

[sharbeth7]

Your conclusions are completely wrong. The spending bill that just passed was not a stimulus. It was a naked power grab by leftist elitists. America is already bankrupt. Where are they going to get all this money from? Huh? It is a HUGE mistake. That bill is not going to help us, it is going to hurt us terribly. The fed is going to print money until our dollar is worthless...but maybe that is exactly what China and Saudi want. Think about that.

[Boomer1949]

In my opinion we need to do something and whatever we do will cost money one way or the other. To do nothing at all would cost us dearly, you and me. This whole deal isn't happening across the world, it's happening in your town and mine. Jobs being cut, people being put out of their home because they were swindled, greedy or believed in our banks and investment institutions. SPENDING is what we , all of us, need confidence again in doing.

[tewerst666]

We have two choices right now. 1st Choice is for the government to try and fix the economy while trying to keep the general public from revolting. 2nd Choice is to let banks and industry file bankruptcy and lose millions more jobs while trying to keep the general public from revolting. I know these choices suck but they are real.

[tewerst666]

check out credit default swaps and understand the banks have destroyed our finacial system regaurdless of our politics.

2 to 3 trillion to fix banks is far more than the poor have ever or will ever cost the average tax payer so who is b****ing about the bankers

[Boomer1949]

There is much more to this story than just Freddie and Frannie, sub-prime mortgages (which I never for a minute believed was the whole story) and CDO's or even just credit default swaps. The whole blame the banks deal is a little suspect as well. Will we ever know or understand the whole story? I don't know.

[cindyc1954]

I have to question if this is the whole truth. Something just doesn't smell right. If it were an international attack, they would have said so from the start. It sounds more to me that it's an excuse to make it 'reasonable' to spend multiple trillioins of dollars...

[R0ASTEDPANDA]

BOOMER ARE U STILL SINGLE

[Boomer1949]

I prefer independent but yes, I've been single for many years after being married twice to the same man. But your a little young for me honey, you could be my grandchild.

[Thunderwavia]

Damn this Rajorski thing has been getting lots o views as of late.

[Boomer1949]

After I got the message about your comment, I came here to check and dam!! Well, it's all because we haven't been told. If you watch my latest video I think I figured it out on my own. See if you agree.

[wardmagic1]

the only way we can pay back those loans is to get alot of revenue coming back into the govt. so we can pay back these loans. Then China won't want to pull the plug. Got to give small businesses money back to reinvest and create jobs. Just throwing money at the problem of debt isn't going to help. You have to create jobs and income. Throwing money out will cause more problems and inflation. No Thanks Obama

[Boomer1949]

China announced on Friday that they want guarantees to continue investing in the US by buying our bonds to finance our debt.  What are we going to offer them? Gold maybe. I really don't want to get into the blame game here, I don't care about who started this or what administration. The problem is what it is. Producing something the world wants is the answer.

[wardmagic1]

its not the republicans fault that we gave subprime loans to bad borrowers and they are defaulting on those loans. It was Clinton saying everyone should be in a house and Barney Frank bad lending practices thats the problem. China was trying to get their money back because they saw the handwriting on the wall that the US isn't good for their loans.

[mopme2008]

its all very complicated. i cant imagine anyone being able to figure it out.

[shelterpub]

The problem with the Democrat's "Stimulous" Bill is that it is akin to handing out shovels to 5 million Americans, paying them to dig a hole, and then paying another 5 million Americans to fill the hole back in. Jobs have been created, but NOTHING has been PRODUCED.

This bill contains hundreds of billions of dollars that will be taken out of the credit market that funds small business investment in tools and expansion that creates REAL jobs for Americans.

[morningglory9999]

well. this is one conclusion ... however the conspiracy theories do not quite follow up to the reality.

- 5.xx trillions was the sum of potential amount which might have been lost if the rate of losing money would have stayed same for those hours. this was the worse case scenario it does not mean it would necessarily have happened

- someone with 5 trillion does not exist

[Boomer1949]

I'm putting together a video today that raises some questions about who did this run and perhaps why. I'm still doing some research.

[Thunderwavia]

Excellent idea! keep it up

[Boomer1949]

"someone with 5 trillion doesn't exist"

consider watching my latest video, someone did.

[morningglory9999]

- these are global markets which operate in such a manner meaning - one knows - everybody knows - this is normal in efficient markets, no matter how you or any country or institution or anyone tries, they cannot be on top of global markets

[morningglory9999]

- markets realized that there was huge deposit on US assets reaction was that all institutions etc around the world started to secure their liquidity from the US

- first bailout went to pay off the losses of the toxic assets of US banks. This means that they actually had a massive losses due to complex, highly leveraged, investment vehicles (backedup by subprime loans) such as CDS and CDOs

[RileyDeWiley]

I think she is wrong ... the trigger is the sight of all that money leaving the market ... better get your dough out now ... so it goes. All that is necessary. The best answer is the simplest one.

[uncjim]

Well done. Thanks for the information.

[usagimeijin]

Smart, keep it up.

[vinny1010]

You need to go beyond "Democrats" & "Republicans". This is a facade. Most of them are brought up by Private Bankers & Corporations

[TheCZMan]

Why the needs of a coordination for the run? There have been many runs in the past which have been not coordinated.

Greed is part of the game and people are expecting opportunities to grab.

Just lately, in eastern Europe, there have been large runs with fresh money from the bail out. No coordination.

Just a predatory behaviour. Money people know that the times are favourable for this kind of situations to arise so they are peculiarly aware of and.

Sounds like China is a convenient

[TheCZMan]

scapegoat in this story. See how the bank runs happened on Mexico.

[Boomer1949]

No one knows who it was or how many but the Congressman stated that the bleeding off was quick, all within a hour and if left to continue 5.5 trillion...TRILLION would have been bled out in 3 hrs!! That is one hell of a lot of money for it not to have been countries, not individuals.

[TheCZMan]

Well, it is not uncommon for a pension fund to be more than one trillion dollars.

The largest one was if I remember well around ten trillions.

And there are other investing structures.

How many of them does it take to suck up 6 trilliions ? 10?20?100?1000?

In this current age of technology with information spreading as fast it is, three hours is very much.

A lot of people involved in this kind of business are totally aware of the very fact that any government is going to do everything

[TheCZMan]

to avoid unrest therefore they are at bay to seize any opportunity. Money is distributed to appease people and this is opportunity.

The second point is that China banking system is not global. Only the western world has a global banking system, an heritage from colonization times.

Therefore such an activity from China could not have been hidden behind screen banks. Only the western world has the means to screen such a banking activity.

China might have participated in the onslaught...

[TheCZMan]

but only to a minor point imo.

It must have been sucked up by people who can suck it up and most of these people are located in the western world.

[Boomer1949]

I might buy that if it weren't for the bank failures. Pension plans are held in banks. Moving cash from one bank to another would not have caused the crisis. The money is gone..not moved.

[TheCZMan]

What do you mean by gone?

The money is somewhere in a bank or is destroyed.

[Boomer1949]

When I said "no one knows" I meant the general public. Yes, there are many who know who made the run and where the money ended up. In fact the first part of the TARP money was used to buy securities from banks but the treasury won't tell us how much or from what banks. I floated the idea it was a country because of the time involved but it's just my best guess.

[TheCZMan]

The time is irrelevant in this current age: trillions dollars can be handled in seconds (see off shore paradises, laundry banks...) plus people are largely paid to be on watch, ready to pounce when the opportunity occurs.

As to secrecy, China has not a global bank system. At one moment or another, they are forced to use somebody else 's means for this kind of action.

Only the western world has a global banking system which can be used at multiple levels to conceal such an action.

[TheCZMan]

Most of offshore banks or laundry banks are off spring of the western world for this cause.

So this should exclude China as a major actor of this action.

[Boomer1949]

If your position is that it's lots of people, or other banks, what triggered it? What was behind so much money being "moved" in such a short amount of time?

[TheCZMan]

I never say that many people were behind the scenes. I gave out a few thoughts on an order of scale: the largest pension funds is 10 trillion. How many investing structures would it take to suck up 6 trillions? 10, 000 is not big considering the number of people involved in the financial business.

The second point I brought in was that people concerned by the financial business are watching: they perfectly know that current times are going to bear such events with governments trying to

[TheCZMan]

prevent domestic unrest. They are at bay, waiting for the hens to be released.

Cause: one obvious is that bank transactions are charged. Moving money from one bank to another generates bank profit. I guess that moving trillions from banks to others have upped profits.

[Boomer1949]

Now your just being silly. To believe that penion fund managers pay that close attention to an event of some kind, spot it all at once and move to..what? Move their money out of one bank and into another to increase the profits of banks, via transactions fees? this discussion is over.

[TheCZMan]

I dont believe this or that. I just reported facts. Yes, people involved in financial pay close attention to bailouts. It is an injection of fresh money in the system with all of its consequences.

Yes, investing structures have watch teams to pay attention to any kind of events they can benefit from.

And yes, moving funds from one bank to another is charged and therefore generate profits.

But I am sure that China is an easier target.

[Isawanangel1X]

my european friend told me our bill to china was due in september

[Boomer1949]

Consider my latest video. I agree with you.

[Permindex]

Our US Govt has been hijacked by the CFR. The Fed/Central Bank and international banker's secret societies have killed our

Presidents who crossed them. We the People need to use the Declaration of Independence to tear this multicultural democracy down and form a new REPUBLIC for the People by the People. If it means fighting Rothschild's England & EU so be it. We can start by closing UN in NY & taking Rockefeller's money to finance We the People's REVOLUTION.

NWO's DNA is to be Exterminated.

[jwbeek]

What the hell has the EU to do with it?

[Candanciee]

Doesn't anyone think it is strange that just this week one of Gordon Brown's Ministers has revealed Britain was just three hours away from going bust last year after a secret run on the banks. I smell a rat !!

[anyusmoon1]

What a total TOOL, a SHILL Kanjorsky is! Stating that without banks you don't have an economic system, which in this instance he could and should have said WE NEED INDUSTRY! WE NEED MANUFACTURING! WE NEED TO STAY OUT OF THE WAY OF AMERICAN INGENUITY! But no, he said we need more credit, more phoney money to hand out, in our esteem wisdom, to 'the system'. The same 'system' that f&^Ked everything up in the first place!

Lordy it's frustrating watching these idiots!

[anyusmoon1]

Sadly the American public is no better equipped to answer the questions either, thanks to gubmint schools!

STOP THE UNLAWFUL APPLICATION OF THE INCOME TAX ON THE AMERICAN CITIZEN LIVING AND WORKING IN THE US.

That will stimulate the economy and return us to the rule of LAW and intent of the founders that Americans be free.

STOP ALL THE FOREIGN SPENDING!

STOP ALL THE SPECIAL ENTITLEMENT PROGRAMS.

[TheCZMan]

US citizens living overseas have to pay the US income tax too in many, many countries the US managed to get an taxation agreement with.

[anyusmoon1]

According to the code, the citizens living and working abroad are actually liable for the income tax. It's the living soul, here on our soil, who is supposed to be free and remain outside of the liability of Title 26 subtitle A.

[bigxray23]

I agree that something put the fear of god into them to pass tarp. China depends on our addiction to consumerism so I feel they are not the guilty party. This was a method to consolidate power and wealth. First we saw buildings fall, then banks, and each time we let them take our liberties and prosperity. Find shelter because these powerful unseen hands are filled with things to hold over our heads. America has become a lost lamb and wealthy wolves are giving it directions. RallytheLambs!

[anyusmoon1]

Agreed. See my other comments nearby. Solutions exist.

[churchmn]

While you're solving the world's problems, don't forget the Republicans were a perfect vehicle for the Rothschild bankers who are NOT Republicans, but GLOBALISTS instead. The criminals who've run this country for the last eight years used that influence to castrate the 110th congress. I agree the Dems should have stood up to them, but the powers that be own BOTH parties. Check out the Marci Kaptur vid on my channel for what happened. (My leanings are Libertarian, by the way.)

[anyusmoon1]

Agreed- the banksters own both parties, and as mentioned before there's little if any difference between them. I've seen some encouraging bravery out of Kaptur, Kucinich even though he basically relies on wealth redistribution appeasements on the socialist side- or the people side (socialist) vs. the republicans that cater to the corporate (fascist) side.

[Permindex]

They were bankrolled by the Rothschild money dynasty and emerged as our present day ruling families including generations of Rockefellers, Kennedys, the Bush family, and lynchpin wise men like Kissinger, Scowcroft, Rumsfeld, Cheney, and the change-gang crew on Premier Obama's cabinet secretary short list. The much anticipated Hussein change is simply changing one CFR regular appointee for another. The CFR wrote the articles for formation of the Khazar Zionist NAU and SPP.

DESTROY the NWO OWN NOW

[churchmn]

Thanks for this. Republicans are a lost cause.

[anyusmoon1]

He's a fricken Dem congressman! Congress has been dem majority for 2 years! What are you talking about!

Don't throw partisan rubbish around for blame for blames sake.

The two parties are indistinguishable from one another.

[churchmn]

I was referring to Boomer's comment.

[anyusmoon1]

1st thanks for the heads up on this :-)

I've not yet finished the whole thing but can tell you that just 3 min into the thing he's already so far off base it's sickening.

1) He admits the total figure ($) of bailout is not substantiated. OUTRAGEOUS admission.

2) He believes the FED is responsible for paying for police and fire when local taxes should be paying for those services. if those munipalities don't have enough $ they should cut all their unlawful spending!

more as I finish. ty again.

[Gilgamesh73]

The Elites withdrew their monies to deliberately crash the US economy.

The representative in the video says they don't know who took the monies out which is utterly ridiculous. It was all electronically done with account numbers. They can sure find you when they need to if you do anything wrong but they can't locate a half trillion dollar withdraw?

[Boomer1949]

Yes the banks that were hit do know who took the money and they are the ones who got the biggest chunk of the TARP money. The thing is no one is saying who it was. That's why we have to try and figure it out ourselves by putting two and two together and their motives for doing it.

[Isawanangel1X]

most of the wealth of the world is owned by a slim majority of elite, now they can gobble up more, i don't think it was a country that would start a war, the new deal sucks it's full of pork, thank god they'll change it six times over the next two weeks

[Isawanangel1X]

they put it somewhere that has a lot of gold i'm sure like india?

[anyusmoon1]

Excellent observation gilgs. Also, it's a repeat of the phony crash prior to the Grt Depression. All fabrication.

[PatriotReport]

The Fiat Currency is to blame. There is NOTHING on earth that can stop the collapse now. ABSOLUTELY NOTHING. Titanic has been hit and the stern is pointing at the moon.

I hope you are all prepared.

[AmericaFell]

The British and American governments worked tirelessly, hand and glove to see that Russia and China became communist. Since the days of Nixon, America and China have been working velvet glove and iron fist to make America communist. The ultra secret pact is about to be realized. Enter: Barack Hussein Obama...

[RSNLGUNRZ]

I called it the day it happened. This was nothing more than a strategic generated crisis to help the usurping foreign occupier get into the white house. I will never submit to these pinkos!

[Isawanangel1X]

pinkos..lol..type in neomidevalit and watch the world gov vid

[Guiatuss]

When Bear Stearns failed 4/08, the banks were able to go to the CASH window and get loads of CASH money to sure them up. If we have $500 Trillion of toxic assets globally, sure China, etc are ticked.

[Pellegrino80]

It's all Bush's fault!... According to the Treasury Department, from 1776-2000, the first 224 years of U.S. history, 42 U.S. presidents borrowed a combined $1.01 trillion from foreign governments and financial institutions, but in the past four years alone, the Bush administration borrowed $1.05 trillion.

[liberalbias100]

I wish you were my neighbor so we could have coffee and I could pick that brain of yours.

Thanks for offering the link in the description, I really prefer to see it for myself and I'm glad I did.

Great Video - 5 Stars

[Halonkata]

the FEDERAL RESERVE have more cash then USA there is no country there is FEDERAL RESERVE

[FromCanadaEh]

Anyone who believes ANYTHING Bernanke or Paulson says probably also believes in George Bush Jr. and Cheney are good honest Christian folk.

[DEMCAD]

Thanks for letting us know. I'm not surprised that the media didn't report this to.

[rednow711]

Dear Boomer and Misses,you both seem sincere-but you actually think this stimulus package is meant to REALLY get things going for the overal US economy? M/-You say this is a staged collapse(which I agree)so now the want to restore the economy they R collapsing? We all know its much larger than the Left/Right narrative.This is more looting to the taxpayer, and crony capitalism.Maybe your saying Boomer,This outside Power(whomever) throw something in the pot as we go along-so the lootingcancontinue

[Boomer1949]

I can't respond fully to your comment in the limited space YT gives us here. So I'll make another vid tomorrow with my take on all of this.

[WhoRonPaul]

fiat money is easily undone by corruption and reactionism, plus its artificial.

[Boomer1949]

It's very easy to point out that our monetary system is bogas. But once you get a good grasp of how our US dollar is used on the world markets and how other countries rely on it's "soundness" no matter what it's backing is, the more you will find it's not so easy to come up with a plan to do away with the Fed and go back to the Gold standard.

[gow75]

i do not agree with the country rebuilding itself this is a pozni scheme and NWO.

[Boomer1949]

I'd like that too!! Lots of room in up state ny. come on over.

[missesmakawimaxton]

This needs to go viral. WOW

[missesmakawimaxton]

Boomer thank you.

[jdouglasfisher]

who was it? China perhaps?

J.......

[Boomer1949]

I have always thought it was China.

[therealcaptobvious]

His statement about the electronic bankruns was also posted on YT.

watch?v=pD8viQ_DhS4

Its' a shorter version of that interview.

[therealcaptobvious]

I agree that there was something more significant that stemmed this. Exactly one year before it happened, there were articles about a country that wanted to crash the U.S. Dollar.

I've gotten through Kanjorski and the only thing I agree with is that they needed to provide more transparancy. He mentions the electronic bank run at 23:15 into the video on the link in the description. I'm not sure if I agree with the stimulus, dollar creation cancles wealth creation.

[blantore]

Thanks boomer. I love the straight talk with no sugar coating.

[purplmtn]

The republicans don't have the power right now, they are outnumbered. This "porkulus stimulus" will go through with or without the republicans signing off on the deal. The republicans are not against helping the financial system, they are against all the extra crap "earmarks" that the democRats have added on. Good for them for taking a stand, finally!

[Boomer1949]

If your talking about the condoms and seeding the lawn, that was taken out before the vote. Read the dam bill, see what every one of the Republicans voted against. Took a stand!!! Why? They were out numbered, it was a statement about wanting it all their way.. The world isn't going to like all that childish bullshit, especially if they filibusterer it, God help us.

[purplmtn]

This stimulus is not going to help. It is like putting gas on a fire. The problem is lack of trust in the system. Devaluing the dollar is only going to cause mass inflation. Tax incentives and cuts are the way to go; not SPENDING into infinity!

[Boomer1949]

Listen, lets not get into what policy is the best policy...the world is watching what we do. We owe too much money, the banks have screwed the big guys in this world and they are not going to put up with bickering about policy. They want to see the US working hard to correct their monetary crisis. If it looks like all we are going to do is bicker and fight, we are TOAST!!

[george4title]

thanks boomer