You have good discernment! Unless, and until 'governments' fix the problems on Main St., the worst is yet to come.
Greed broke the game of; Economy. Much like the game of Monopoly, all the money was won, and the game was over. The winner's/crooks, don't want to play anymore, because there's no more money in 'the game.' Governments pouring tons of money into Banks, is a way to 'start the game anew.'
What can I say! your very correct! We need one of those folk Songs! You sing them so well. That a Bowl of tobacco and some coffee I'll make it through the stress of the day! Peace and Good Jer
Or being forced out by Police Officers! Yet we now bail out the people that caused the problem. Maybe if the Government would tell the bankers. "Look the interest rate will change to non adjusting for the next 30 years. We might solve the problem very fast!
People buy a house that they can't afford, and run their credit cards to fix it up to their liking, then refinance. Run the credit cards up again, refinance. Run the cards up again because they can't pay the mortgage and buy groceries, pay utility bills, pay for transportation. Refinance again and do it all over again, but wait, now the housing market is down and they can't refinance. Can't pay the bills, foreclosure comes next.
Well that is what happens! There are two people involved. The Loan Company and the troubled home owner.Yet having the Government do the same thing really makes little sense. Lets see we are throwing 770 Billion at the problem of tax payer money,. And the other day while I was drinking coffee the Stock Market lost 1 Trillion Bucks in Minutes. Math was not my major yet I find a potential problem here.
Hi Jerry, just to let you know that Gordon Brown has already piled 350 billion pounds (about $700 billion as it goes) into bailouts of one kind or another to try and save Western Capitalism from meltdown, but I suspect this is little known in the US of A. We are all worried about Toxic loans, but hey at least we're going down together as we rearrange the deckchairs and the band plays on. Cheers, Harry in Wild West Wales
This seems to be a World Problem! How can we loose when the US takes over all the debt of the World. Guess we play shuffle board or something and tell stories of how it was in the 60;s And play The Doors music "This is the end" They did that didn't they. Good luck to all of us. Jer
The bailout they propose is unconstitutional, (which used to mean something,) and not even necessary. Change the Mark to Market rule, use government backed ins to guarantee the mortgage and cut capital gains tax.
Spurs investment immediately. Problem is it makes sense and is simple so Gov won't do that.
Obama, McCain for big gov bailout people don't want and is not necessary, change? Reform?
Who took money from Fannie and Freddy before they drove our economy into the ground?
As the details of this start to be discussed now people are going to be outraged and they should be.
I wrote my Senators as well as Obama and McCain giving them the details of the fix I briefly outlined here, it is from Dave Ramsey's website. I know for a fact the mail and calls coming into the senate offices were overwhelmingly against this bill. They took the money from Fannie and Freddy ignoring calls for reform and when Fannie and Freddy took our economy down they stick us with the bill.
I believe this has nothing to do with money and everything to do with a power grab by the socialists. In the u.k all three parties believe the same thing, bail-outs, bail-outs and more bail-outs, in fact, all three have stated 'whatever it takes' to 'help' the banks..
I really fear the New World Order mentioned by Bush One is now a reality....Bailing out the big fat cats is not what Capitalism is about. It is something very different. Only thing in common is that ISM! Thanks Jer
Credit would be a great idea if people had jobs. And the interest were fare. We use to have limits to those rates. Regulation should have really been in place and it was taken away.
Amazing teaching! This is an excellent Dimmitt Show, makes us face our fears. This is a strong calling to realize the reality and do the best we can and live more than ever... really inspiring... by the way it was so funny the McCain comment... how did you come up with that? ha ha ha... you are so NEAT! Paz y Bien...
The McCain comment may have been somewhat in poor taste, yet i feel that there is health issue with him that no one wants to think about. And we should think about that.
Yes, you are right but it is still funny. About McCain health issue, I have known that to run for president they have to check up your medical files... McCain's is big... Peace
Another great tale, Jer! I think the rest of the world is fed up and disgusted with us, and they're waiting for the Big Bad Wolf to huff and puff and blow our house down. And our old house is pretty rickety now...
I LOVE Howard Beal!! I can't believe a thing this administration says anymore...WAY too many lies! I don't think anyone will help us because they are waiting for the "Fall of the Roman Empire". This wolf at the door has rabies, is a bit crazy, and has nuclear weapons! That wolf has me VERY uneasy! I'm facing the wolf, however, I keep trying to figure out how to disarm him! :-)
Normally I would be active. 75 meters mainly. Also work 17 and 20 meters from time to time. But in process of moving the radio equipment to another room. And at the same time remolding house have me of the air at the moment!
I'm guess the other countries doesn't want to associate with the US anymore. The wolf must faced, ignoring it won't stop it from chewing your buttocks!
i lol'd at the barking at the end.
Your incredible.
I've been your fan for quite a while now Mr. Dimmitt :]
I've taken and used a lot of your advice in my life. So far, I'm just 14 years old but your words can affect any age...
Take care,
-Javier Duran
HoboClownTracks 2 years ago
This has been flagged as spam show
his is scary if u read this far u will die in 10 days if u dont send to any 15 videos in 2 hours good luck hope u dont die
darco300 2 years ago
holy crap this was my bus driver! go jerry!
drascol 2 years ago 3
And your still able to write! ! How wonderful is this! And how neat you watched what I do here.
k6tpl 2 years ago
lol i love this story,
very inspiring and mind-catching
all bless to you
your vids are now one of my favs
CchadPpherd 3 years ago 2
Great episode, Jer! 5+Star's!
You have good discernment! Unless, and until 'governments' fix the problems on Main St., the worst is yet to come.
Greed broke the game of; Economy. Much like the game of Monopoly, all the money was won, and the game was over. The winner's/crooks, don't want to play anymore, because there's no more money in 'the game.' Governments pouring tons of money into Banks, is a way to 'start the game anew.'
Greed must be regulated, or, it runs amok.
God bless!
GinMillBill
ginmillsinger 3 years ago 2
What can I say! your very correct! We need one of those folk Songs! You sing them so well. That a Bowl of tobacco and some coffee I'll make it through the stress of the day! Peace and Good Jer
k6tpl 3 years ago
Jer, I love watching your videos they are always so insightful.
Peace!!
haostrom 3 years ago
Thanks For watching my video! Peace Jer!
k6tpl 3 years ago
10-3-2008 could go down as a ? I agree with evanjames123456789. It is going to be a very long & hard road.
Beadbud5000 3 years ago
Then we all agree!
k6tpl 3 years ago
excellent analysis my friend, 5/5.
evanjames123456789 3 years ago 2
I think that we may have made it worse now that it has passed. Is doomed in the spell checker?
k6tpl 3 years ago
i dont know my friend, its a long road to go
evanjames123456789 3 years ago
Bin signed inta law.
Your economy is scary, people just walking away from their homes.
776281 3 years ago
Or being forced out by Police Officers! Yet we now bail out the people that caused the problem. Maybe if the Government would tell the bankers. "Look the interest rate will change to non adjusting for the next 30 years. We might solve the problem very fast!
k6tpl 3 years ago
People buy a house that they can't afford, and run their credit cards to fix it up to their liking, then refinance. Run the credit cards up again, refinance. Run the cards up again because they can't pay the mortgage and buy groceries, pay utility bills, pay for transportation. Refinance again and do it all over again, but wait, now the housing market is down and they can't refinance. Can't pay the bills, foreclosure comes next.
Francis J. O'Reilly
foreilly1958 3 years ago
Well that is what happens! There are two people involved. The Loan Company and the troubled home owner.Yet having the Government do the same thing really makes little sense. Lets see we are throwing 770 Billion at the problem of tax payer money,. And the other day while I was drinking coffee the Stock Market lost 1 Trillion Bucks in Minutes. Math was not my major yet I find a potential problem here.
k6tpl 3 years ago
Hi Jerry, just to let you know that Gordon Brown has already piled 350 billion pounds (about $700 billion as it goes) into bailouts of one kind or another to try and save Western Capitalism from meltdown, but I suspect this is little known in the US of A. We are all worried about Toxic loans, but hey at least we're going down together as we rearrange the deckchairs and the band plays on. Cheers, Harry in Wild West Wales
HarrysBar 3 years ago
This seems to be a World Problem! How can we loose when the US takes over all the debt of the World. Guess we play shuffle board or something and tell stories of how it was in the 60;s And play The Doors music "This is the end" They did that didn't they. Good luck to all of us. Jer
k6tpl 3 years ago
The bailout they propose is unconstitutional, (which used to mean something,) and not even necessary. Change the Mark to Market rule, use government backed ins to guarantee the mortgage and cut capital gains tax.
Spurs investment immediately. Problem is it makes sense and is simple so Gov won't do that.
Obama, McCain for big gov bailout people don't want and is not necessary, change? Reform?
Who took money from Fannie and Freddy before they drove our economy into the ground?
TheKiDFoX 3 years ago
Agree it was not needed if we were a Democracy as we tell the World this would not have happened. So much for Democracy!
k6tpl 3 years ago
As the details of this start to be discussed now people are going to be outraged and they should be.
I wrote my Senators as well as Obama and McCain giving them the details of the fix I briefly outlined here, it is from Dave Ramsey's website. I know for a fact the mail and calls coming into the senate offices were overwhelmingly against this bill. They took the money from Fannie and Freddy ignoring calls for reform and when Fannie and Freddy took our economy down they stick us with the bill.
TheKiDFoX 3 years ago
I believe this has nothing to do with money and everything to do with a power grab by the socialists. In the u.k all three parties believe the same thing, bail-outs, bail-outs and more bail-outs, in fact, all three have stated 'whatever it takes' to 'help' the banks..
solarDADDY 3 years ago
I really fear the New World Order mentioned by Bush One is now a reality....Bailing out the big fat cats is not what Capitalism is about. It is something very different. Only thing in common is that ISM! Thanks Jer
k6tpl 3 years ago
No idea how much news is out in the US about the credit crunch in the rest of the world, but some big bail-out actions have been in Europe.
What I read and heard about it all, the problem started in the US and was probably just fueled by plain old greed.
Very well said on the fear issue.
pe1biv 3 years ago
Credit would be a great idea if people had jobs. And the interest were fare. We use to have limits to those rates. Regulation should have really been in place and it was taken away.
k6tpl 3 years ago
Amazing teaching! This is an excellent Dimmitt Show, makes us face our fears. This is a strong calling to realize the reality and do the best we can and live more than ever... really inspiring... by the way it was so funny the McCain comment... how did you come up with that? ha ha ha... you are so NEAT! Paz y Bien...
rogrogers2007 3 years ago
The McCain comment may have been somewhat in poor taste, yet i feel that there is health issue with him that no one wants to think about. And we should think about that.
k6tpl 3 years ago
Yes, you are right but it is still funny. About McCain health issue, I have known that to run for president they have to check up your medical files... McCain's is big... Peace
rogrogers2007 3 years ago
We are right to suspect George W. Bush, that's for sure.
We will be ok. We have survived in the past. We will find a way to survive again.
autumnwindwalker 3 years ago
One of the things that helped us make it in the past was our economy. That is kind of the problem this time around.
k6tpl 3 years ago
Another great tale, Jer! I think the rest of the world is fed up and disgusted with us, and they're waiting for the Big Bad Wolf to huff and puff and blow our house down. And our old house is pretty rickety now...
anmoose 3 years ago
I wear a crash helmet!
k6tpl 3 years ago
A very wise idea.
I think I shall go get my motorcycle helmet out of the garage...
anmoose 3 years ago
The NWO doesn't understand why the USA doesn't want to create more credit since that is what rules the economy.
The Representatives rejected the latest bulk-mail offer.
Sometimes Revolution works.
Stay happy,
drocloce 3 years ago
Yes like in the movie Network! Taht sure taught them.
k6tpl 3 years ago
I LOVE Howard Beal!! I can't believe a thing this administration says anymore...WAY too many lies! I don't think anyone will help us because they are waiting for the "Fall of the Roman Empire". This wolf at the door has rabies, is a bit crazy, and has nuclear weapons! That wolf has me VERY uneasy! I'm facing the wolf, however, I keep trying to figure out how to disarm him! :-)
GreatGig1 3 years ago
We should keep that wolf behind a fence! bUT THEY SEEM TO LET HIM ROAM FREELY.
k6tpl 3 years ago
hi =D i'll watch this video tomorrow =( im in so much pain from my braces i cant laugh or feel nethign but physical pain..
coolsteven2 3 years ago
Get well OK! I have placed on joke here that will 1. Make you more sick or 2 Make you laugh...You come back you hear!
k6tpl 3 years ago
Mr. Dimmitt, you crack me up i enjoy all your videos. are you active on the ham bands? if so what band and freq do you hang out on?
kravron 3 years ago
Normally I would be active. 75 meters mainly. Also work 17 and 20 meters from time to time. But in process of moving the radio equipment to another room. And at the same time remolding house have me of the air at the moment!
k6tpl 3 years ago
I'm guess the other countries doesn't want to associate with the US anymore. The wolf must faced, ignoring it won't stop it from chewing your buttocks!
geroldkid 3 years ago
Well get a big bat and we'll take on that wolf! It is clear that we can not out run him.
k6tpl 3 years ago