You will never get anywhere with any sort on monetary system period. When you have the possibility of corruption it will always end in entropy. It's not the monies fault but human nature that the real problem is. If you fix the inherent problem in human nature ie greed, lust for power and the want to create classes in our society to pay into our ego wants to be worshiped and adored by others, we will never be free. There is no money in heaven and that is what we are supposed to be creating.
The majority of the people who say end the FED fundamentally do not understand its function. This guy doesn't know what "true" capitalism is. The only way to have prevented these "socialized" loses would have been to regulate more effectively, that's not what you want, you want laissez-faire, less government intervention...When profit is the primary motive, the trademark of a capitalist economy it is in a businesses best interest to stem competition.
@illahham The Federal Reserve is a private organization. It does not belong to the government or the people of the U.S. It is NOT interested in the welfare of the people. The FED thinks only to enrich its own pocket by stealing from the people through deception and ruining foreign countries.
The Money Masters - Full
/watch?v=JXt1cayx0hs
New world order put on trial
/watch?v=aU4AqYsXt2M
Invisible Empire_ Full Movie_A New World Order Defined - HD
@UmeMarie Let's say we did get rid of fiat currency and used gold. Then got rid of the FED...Wait a minute many money transactions aren't physical and even before officially going off the gold standard the government used gold certificates to represent some gold transactions. I assume it would be no different today, and to regulate these none physical transfers of gold there would need to be an agency, some kind of public/private entity..Holy shit it would be like the FED
@illahham I would in all seriousness ask you to look at the history behind the money masters and the nature of how the FED came into being. You can read the book by "The Creature from Jekyll Island: A Second Look at the Federal Reserve" by G Edward Griffin or "The Secrets of the Federal Reserve by Eustace Mullins. The YouTube video below is excellent. Peace.
The Money Masters - Full
/watch?v=JXt1cayx0hs
Eustace Mullins - Secrets of the Federal Reserve (Full Length)
@illahham Which part of what I said did you consider conspiracy theory? "Despite the fact that world leaders have been talking about a “new world order” for decades, in the context of the political agenda to diminish the power of sovereign states in favor of a move towards global governance, it was still regarded as a delusion of paranoid conspiracy theorists by the establishment media until relatively recently." World leaders were the ones who brought it up, not me. Why don't you ask them?
@wolf7379 Congratulations you can read books and recount what people say. This whole new world order, global governance stuff is for the most part bullshit. Yes the world is becoming more connected but not in the context you imply. The strength of a nation's sovereignty is determined by the strength of its economic system. In order for America to protect itself it must have a strong, flexible, organized financial system. The FED allows this
@illahham Having a central bank is to the benefit of our security and our people. I'm sure you've heard of machiavelli. Surely more credible then either of your sources. A secure state is one that can meet any enemy on the battlefield. Both authors are right a central bank helped fund the start of our country, it helped keep the country together during the civil war and it helped restore peace to europe in WWI and later II. So yes it has allowed us to finance many wars.
@illahham You are missing the point here. The power to issue currency should be put under Government control. As it stands the FED has the power to issue it and the Government borrows money from the FED and has to pay interest which the taxpayer pays. Furthermore the FED is a PRIVATE establishment so it does not CARE about the people of the U.S. You seem to ignore this fundamental fact. The sole aim of the FED is to make profit at the expense of the people. The FED is privately owned!
@wolf7379 The amount of currency issued by the FED is determined by its demand from the American people. It is government chartered and privatized because profit is important. By remaining a for profit entity it is a benefit for the people. How? It ensures a credible lender for the US government. If it were a government agency it would also be in crisis right now.
members of the board are also chosen by the president and confirmed by the senate. We choose our senators, we choose our presidents, indirectly we choose our FED chairmen. Perhaps the American people should be more vigilant or more involved in the voting process, then maybe some of the problems we face could be avoided.
@illahham Sir Montagu Norman was the head of the Bank of England and in 1928 met with Benjamin Strong of the Federal Reserve board, and they plotted deliberately the great crash of 1929 and the ensuing depression. The depression allowed these international bankers to pick up American companies, American banks for pennies. It gave them more political and monetary control. Also Montagu Norman financed the NAZI regime and Adolf Hitler. Please stop making things up and read some history.
@illahham You wrote: "The amount of currency issued by the FED is determined by its demand from the American people." You have it backwards and you have it completely wrong. The Federal Reserve deliberately manipulates the economy to their advantage. They do not wait for any demand from the American people, they deliberately increase the money supply thus ensuring that prices go up. They deliberately engineered the crises so that they can take advantage of siezing assets from the people!
@wolf7379 I think you've misinterpreted the role of the FED. You seem too caught up in the idea that the banks are solely malevolent. The FED plays a vital role in stabilizing the economy. We are also not in a period of inflation, but deflation.
@illahham You are arguing without any knowledge of the history and facts surrounding the Federal Reserve. Not only that, you have just said we are in a period of deflation. I'll give you the update. The U.S. is currently in a period of inflation. The Inflation Rate Forecast for Sep 2011 is at 3.90, Oct at 3.8. and the forecast for Nov 2011 is inflation rate at 3.8.
No I am not caught up in any idea. I am caught up only in the facts. Please inform yourselves with history on the FED.
@wolf7379 3.8%? Our target is 2%. It was 13.9% in 1979. The inflation rate is relative my friend, a negative inflation rate would mean money is not being created. This is not good if you want to expand your economy. Take a few lessons in macro before you spread bullshit. We are seeing a lack in the demand for goods but a steady increasing supply because many are saving, in general prices are truly increasing, NET business prices are at a -5%. Because of this unemployment is going up.
@wolf7379 You're a fool. Bank assets come from the people, without account holders they cannot make a profit. The FED is driving interest rates down and creating money to increase employment, thus increasing the purchasing power of the people and business profits. You've got it wrong the FED does not arbitrarily do things to turn a profit, it's not even a for profit organization. It reacts to the demand of the market.
@illahham I seriously advise you to read a little more into the real history of what the banks get up to in order to make a profit. I already gave you a list to read. If you are going to sit there and tell me that banks are there to help us and help the American people then you are truly naive. The banks especially the FED do not help they are working ONLY for themselves, to make huge profits at the expense of others. They create depressions to make profit. They look only after themselves.
@illahham If this whole new world global governance is for the most part 'bullshit' as you say, then please tell me why it is that most of the world leaders and prominent men have given speeches mentioning the need for a New World Order? I did not invent ths; they were the ones talking about it. So the question here is, what do 'they' mean by a New World Order. If you did the research you will see how many of these politicians have given speeches on the NWO. So don't blame me on it.
Atta Boy Chistos! Its great to see a fellow Greek Warrior speaking truth to some of the sheeple on the street who think the solution is even BIGGER GOVT LOL!
Huh? I'm what you'd call a "progressive" and I don't think the govt owes me ANYTHING. Why does the right keep saying that crap? Progressives are exactly what the word says: PROGRESS ie. improve, reinvent, advance. We want a billion solar panels powering the grid - zero oil and coal. We don't get bothered by gays. We don't talk to ghosts in the sky. We want a clean environment for our grandchildren. We know infinite growth is a fallicy. Science. Logic. Truth. Freedom. Period.
Excellent Chris... my first day as an anchor I was more nervous than you..you were excellent; conveying some points that some OWS guys 'get it'; not just frustrated or anti-bank (as opposed to anti-bad-bankers).
If I were still doing Financial TV or CNBC, I'd have you as a guest, then a host interviewing financial & political players; not just Ron Paul by the way. . Keep up the good work as a leader of a new 'centrist' generation of realists!
Way to be Chris! Also, I don't think that Napolitano was trying to cut him short. He's been an outspoken critic of the fed and a supporter of Ron Paul. Chris was obviously nervous and I don't blame him, I would be too. They picked up on that and let Napolitano fill in a bit here and there and then cut the segment. Once again, good job Chris and remember to vote Ron Paul for President in 2012!
This kid is nothing more than a tool, bring in someone that can tell you whats what, I cant believe its this is the best you can find or he is just a plant.
This has been flagged as spam show
Save America. Save the World.
The Doctor/The Judge 2012
911SMOM 2 months ago
i love how he just kind of shut him up and moved on didnt really give him a chance to go into any real detail on any of his stances
cminksful 3 months ago
You will never get anywhere with any sort on monetary system period. When you have the possibility of corruption it will always end in entropy. It's not the monies fault but human nature that the real problem is. If you fix the inherent problem in human nature ie greed, lust for power and the want to create classes in our society to pay into our ego wants to be worshiped and adored by others, we will never be free. There is no money in heaven and that is what we are supposed to be creating.
Arachnoguy1982 4 months ago
@Arachnoguy1982 Well put. Whether it be paper money, gold or silver, all money is just belief.
illahham 4 months ago
The majority of the people who say end the FED fundamentally do not understand its function. This guy doesn't know what "true" capitalism is. The only way to have prevented these "socialized" loses would have been to regulate more effectively, that's not what you want, you want laissez-faire, less government intervention...When profit is the primary motive, the trademark of a capitalist economy it is in a businesses best interest to stem competition.
illahham 4 months ago
@illahham The Federal Reserve is a private organization. It does not belong to the government or the people of the U.S. It is NOT interested in the welfare of the people. The FED thinks only to enrich its own pocket by stealing from the people through deception and ruining foreign countries.
The Money Masters - Full
/watch?v=JXt1cayx0hs
New world order put on trial
/watch?v=aU4AqYsXt2M
Invisible Empire_ Full Movie_A New World Order Defined - HD
/watch?v=uIH4jUIK5zs
wolf7379 4 months ago
this guy seems more real. he's actually nervous on TV...unlike the marine actor working for the Democrats over on NBC
SuperRicecrackers 4 months ago
love this guy
witchysue 4 months ago
You can also investigate companies like Goldman Sachs who lobby the politicians (& have most of em in their 'back pocket')!
12235117657598502586 4 months ago
Hope they Occupy the stinking FED next. Gotta do some cleaning up in our country, throw away all the unconstitutional trash.
UmeMarie 4 months ago
@UmeMarie Let's say we did get rid of fiat currency and used gold. Then got rid of the FED...Wait a minute many money transactions aren't physical and even before officially going off the gold standard the government used gold certificates to represent some gold transactions. I assume it would be no different today, and to regulate these none physical transfers of gold there would need to be an agency, some kind of public/private entity..Holy shit it would be like the FED
illahham 4 months ago
@illahham I would in all seriousness ask you to look at the history behind the money masters and the nature of how the FED came into being. You can read the book by "The Creature from Jekyll Island: A Second Look at the Federal Reserve" by G Edward Griffin or "The Secrets of the Federal Reserve by Eustace Mullins. The YouTube video below is excellent. Peace.
The Money Masters - Full
/watch?v=JXt1cayx0hs
Eustace Mullins - Secrets of the Federal Reserve (Full Length)
/watch?v=Z1qLNxkznJE
wolf7379 4 months ago
@wolf7379 Conspiracy theory, nothing more. I suppose you're going to tell me our country is run by a race of reptile aliens living underground.
illahham 4 months ago
@illahham Which part of what I said did you consider conspiracy theory? "Despite the fact that world leaders have been talking about a “new world order” for decades, in the context of the political agenda to diminish the power of sovereign states in favor of a move towards global governance, it was still regarded as a delusion of paranoid conspiracy theorists by the establishment media until relatively recently." World leaders were the ones who brought it up, not me. Why don't you ask them?
wolf7379 4 months ago
@wolf7379 Congratulations you can read books and recount what people say. This whole new world order, global governance stuff is for the most part bullshit. Yes the world is becoming more connected but not in the context you imply. The strength of a nation's sovereignty is determined by the strength of its economic system. In order for America to protect itself it must have a strong, flexible, organized financial system. The FED allows this
illahham 4 months ago
@illahham Having a central bank is to the benefit of our security and our people. I'm sure you've heard of machiavelli. Surely more credible then either of your sources. A secure state is one that can meet any enemy on the battlefield. Both authors are right a central bank helped fund the start of our country, it helped keep the country together during the civil war and it helped restore peace to europe in WWI and later II. So yes it has allowed us to finance many wars.
illahham 4 months ago
@illahham You are missing the point here. The power to issue currency should be put under Government control. As it stands the FED has the power to issue it and the Government borrows money from the FED and has to pay interest which the taxpayer pays. Furthermore the FED is a PRIVATE establishment so it does not CARE about the people of the U.S. You seem to ignore this fundamental fact. The sole aim of the FED is to make profit at the expense of the people. The FED is privately owned!
wolf7379 4 months ago
@wolf7379 The amount of currency issued by the FED is determined by its demand from the American people. It is government chartered and privatized because profit is important. By remaining a for profit entity it is a benefit for the people. How? It ensures a credible lender for the US government. If it were a government agency it would also be in crisis right now.
illahham 4 months ago
members of the board are also chosen by the president and confirmed by the senate. We choose our senators, we choose our presidents, indirectly we choose our FED chairmen. Perhaps the American people should be more vigilant or more involved in the voting process, then maybe some of the problems we face could be avoided.
illahham 4 months ago
@illahham Sir Montagu Norman was the head of the Bank of England and in 1928 met with Benjamin Strong of the Federal Reserve board, and they plotted deliberately the great crash of 1929 and the ensuing depression. The depression allowed these international bankers to pick up American companies, American banks for pennies. It gave them more political and monetary control. Also Montagu Norman financed the NAZI regime and Adolf Hitler. Please stop making things up and read some history.
wolf7379 4 months ago
@illahham You wrote: "The amount of currency issued by the FED is determined by its demand from the American people." You have it backwards and you have it completely wrong. The Federal Reserve deliberately manipulates the economy to their advantage. They do not wait for any demand from the American people, they deliberately increase the money supply thus ensuring that prices go up. They deliberately engineered the crises so that they can take advantage of siezing assets from the people!
wolf7379 4 months ago
@wolf7379 I think you've misinterpreted the role of the FED. You seem too caught up in the idea that the banks are solely malevolent. The FED plays a vital role in stabilizing the economy. We are also not in a period of inflation, but deflation.
illahham 4 months ago
@illahham You are arguing without any knowledge of the history and facts surrounding the Federal Reserve. Not only that, you have just said we are in a period of deflation. I'll give you the update. The U.S. is currently in a period of inflation. The Inflation Rate Forecast for Sep 2011 is at 3.90, Oct at 3.8. and the forecast for Nov 2011 is inflation rate at 3.8.
No I am not caught up in any idea. I am caught up only in the facts. Please inform yourselves with history on the FED.
wolf7379 4 months ago
@wolf7379 3.8%? Our target is 2%. It was 13.9% in 1979. The inflation rate is relative my friend, a negative inflation rate would mean money is not being created. This is not good if you want to expand your economy. Take a few lessons in macro before you spread bullshit. We are seeing a lack in the demand for goods but a steady increasing supply because many are saving, in general prices are truly increasing, NET business prices are at a -5%. Because of this unemployment is going up.
illahham 4 months ago
@wolf7379 You're a fool. Bank assets come from the people, without account holders they cannot make a profit. The FED is driving interest rates down and creating money to increase employment, thus increasing the purchasing power of the people and business profits. You've got it wrong the FED does not arbitrarily do things to turn a profit, it's not even a for profit organization. It reacts to the demand of the market.
illahham 4 months ago
@illahham I seriously advise you to read a little more into the real history of what the banks get up to in order to make a profit. I already gave you a list to read. If you are going to sit there and tell me that banks are there to help us and help the American people then you are truly naive. The banks especially the FED do not help they are working ONLY for themselves, to make huge profits at the expense of others. They create depressions to make profit. They look only after themselves.
wolf7379 4 months ago
@illahham If this whole new world global governance is for the most part 'bullshit' as you say, then please tell me why it is that most of the world leaders and prominent men have given speeches mentioning the need for a New World Order? I did not invent ths; they were the ones talking about it. So the question here is, what do 'they' mean by a New World Order. If you did the research you will see how many of these politicians have given speeches on the NWO. So don't blame me on it.
wolf7379 4 months ago
Atta Boy Chistos! Its great to see a fellow Greek Warrior speaking truth to some of the sheeple on the street who think the solution is even BIGGER GOVT LOL!
ΜΟΛΩΝ ΛΑΒΕ !!!
MrPointspread 4 months ago
Darn commercials. He was getting fired up!
IlkainwolfIl 4 months ago
Chris Savvinidis is my current hero for having so much passion in what he believes.
kenseisato1989 4 months ago
Huh? I'm what you'd call a "progressive" and I don't think the govt owes me ANYTHING. Why does the right keep saying that crap? Progressives are exactly what the word says: PROGRESS ie. improve, reinvent, advance. We want a billion solar panels powering the grid - zero oil and coal. We don't get bothered by gays. We don't talk to ghosts in the sky. We want a clean environment for our grandchildren. We know infinite growth is a fallicy. Science. Logic. Truth. Freedom. Period.
rightsideofhistory 4 months ago
Good job, Chris!!
carlhopkinson 4 months ago
Excellent Chris... my first day as an anchor I was more nervous than you..you were excellent; conveying some points that some OWS guys 'get it'; not just frustrated or anti-bank (as opposed to anti-bad-bankers).
If I were still doing Financial TV or CNBC, I'd have you as a guest, then a host interviewing financial & political players; not just Ron Paul by the way. . Keep up the good work as a leader of a new 'centrist' generation of realists!
gene inger
stockseer 4 months ago
Napolitano is a possible choice for Ron Paul's VP. Great job Chris, keep up the good fight!
JLVA1983 4 months ago
Man I could not go on TV to talk about this stuff I can barely do it on YOUTUBE!
But we all have to speak out every one of us that knows the truth.
davincij15 4 months ago
I think he was like "WTF?" when the judge shook his hand mid sentence.
Great job though, Chris.
ComicPenius 4 months ago
Way to be Chris! Also, I don't think that Napolitano was trying to cut him short. He's been an outspoken critic of the fed and a supporter of Ron Paul. Chris was obviously nervous and I don't blame him, I would be too. They picked up on that and let Napolitano fill in a bit here and there and then cut the segment. Once again, good job Chris and remember to vote Ron Paul for President in 2012!
Algnosis 4 months ago
wow, if you watch it a second time, Is super short!
luethboy 4 months ago
Haha, they cut him off with the quickness. They thought that he would say some stupid shit, but he was saying the truth that they couldn't refute!
luethboy 4 months ago
seems like they didn't him to talk about the wars
FurleyVision 4 months ago
This kid is nothing more than a tool, bring in someone that can tell you whats what, I cant believe its this is the best you can find or he is just a plant.
freepress666 4 months ago
@freepress666 Go away you fucking troll.
FiveStarFuhrer 4 months ago
@FiveStarDicksucker You little sperm Buber, I got your troll hanging
freepress666 4 months ago
This has been flagged as spam show
@freepress666 You are one brain impaired faggot. Go hang yourself.
FiveStarFuhrer 4 months ago
WTF? He was just getting started!
73cupcake 4 months ago
Thats it?! He was just getting warmed up...
Caligula138 4 months ago
They don't want him to talk about the currency because they are in on it.
dynamicmaxwell120 4 months ago
This has been flagged as spam show
"confessions of an economic hitman"
check it out on youtube if ya have not already...
ProthoPectore 4 months ago
why they cut him off at 3 minutes thats bull shit
Adacus79 4 months ago
@Adacus79 He was nervous and they didn`t wanna give him a chance to get comfortable!
BigJoeyfromBoston 4 months ago
Chris is my boy! Go chris!
dickstoyevsky 4 months ago