Business Update: Grim Fed

[NookulerFreedom]

ALL AMERICANS WATCH:

"Money Banking and the Federal Reserve"

At GOOGLE VIDEO.

Send it to all your friends.

SPREAD THE WORD.

FUK THE FED

[motherscum]

who gives a shit

[NookulerFreedom]

motherscum:

Just the smart people.

No need for concern.

[yekim117]

how would you be able to trade in your games if you dont liket them anymore or you have to give up gaming cause you loose your hand

[ma92910g]

Federal Reserve owned and run by private families. It IS nOT owned by US. This is the New WOrld ORder meant to enslave and destroy us all. It cost the fed 2 cents to print any bill. Nice profit, Hu? Lots of info here on youtube. Get active and don't leave it up to the next guy. Freedom for all or tyranny for all. Our choice.

[Taffer20]

It costs The Fed .04 cents to have the Treasury to print more money, but the Fed has to put up collateral in the form of government debt to print additional money.

[Martintfre]

Taffer:

Lol, I think your on to something there.

The FED's collateral is some one elses money, some one elses debt hence some one elses problem.

The FED is debauching the Currency - that laughing you hear is Carl Marx.

tellCongress to Audit the FED, support Hr 1207

[larkydozer]

Basic Economics - Thomas Sowell

Read it.

[arn0ldaar0n]

we would be alright if we didnt have to pay for crack babies and worthless mexicans.destroy them and use them as fertilizer....then they would be useful.

[mwcdx]

The Federal Reserve is a private corporation run by World bankers.These parasites of humanity should be paying taxes.That will solve the problem.Stand up people and speak out loud.FUCK YOU FED aka Global bankers.Pay your taxes.

[ZoKayComputer]

Fuck the Federal Reserve.

It shouldn't exists and it's a goddamn sham.

[maverickM249]

the people of the united states of america will demand a revolution on how the goverment uses its funds, civil unrest is clear.

[OwnageIncBFinch]

The Federal Reserve is the CAUSE of the entire collapse. One comment said, "GOD BLESS THE FEDERAL RESERVE" (mitchrix31) Let me ask you this - what if they couldn't produce/print more money than that of the gold/silver that's being stored by the government? Automatically you'd terminate the possibilities of inflation. Kennedy's executive order 111110 ensured that the government, NOT the private (corporate) Federal Reserve would have control of it's own money. And look at the results.

[x37green]

The problem with a gold/silver standard is that while the value of money becomes fixed, the population is growing. Plus the expansion of assets, including intellectual property, continues. That builds recession into the economy. No one who dislikes the FED has come up with a dynamic solution that is any better. And over time, any alternative will become no better. We need to concentratate on the problems we can fix: a corrupt Congress and a lack of jobs.

[tru2daflu]

there are indeed MEMBERS of congress who are corrupt and also you have president obama who is a lying, deceitful, and corrupt figure head working for the same people. if not a gold standard we need some sort of standard. maybe you're right we should create more jobs and pay more salaries with more money backed by nothing and crash the economy even faster. why don't we save some money and stop using machines to print the money and just write the amount on a post it note and use that as tender

[x37green]

Actually, short of barter, all money is nothing more than a post it note with IOU written on it, or a metal token. It is a promise of value that we trade. When we doubt the value of that paper, the faith and credit of the country goes down the crapper. The system will work as long as we agree the king has new clothes, or at least agree not to look. But hey! what else are you going to do. Invent a new post it note system? Or trade goods and services? You tell me.

[larkydozer]

Well said. You're a voice of reason in the otherwise conspiracy fried world of YouTube.

[PairoftheSocks]

For people who don't understand inflation and hyperinflation listen up. When our money is slowly eroded away by inflation, people end up having to work harder to get more money to keep up with prices. When we are in a state of hyperinflation, salaries never keep up with the prices of products. Ultimately resulting in dying businesses and poorer people. You don't want the money supply to accelerate in anyway. It just needs to stay linear with the population.

[dhtpt]

Let me get this straight, $275 billion for 9 million home owners, ok If I'm doing my math correctly that's about $31,000 a household. I'm sorry but $31,000 will not pay a mortgage to a shed let alone a house. My point is that trying to "save" homeowners from foreclosure is either frivolous or Obama is lying his ass off with his numbers. Either way the price tag will end up being far greater than $275 billion.

[1987JD3]

The banks leverage the money 30 to 1. By law they can loan 30 times the money they have on hand. According to your math that makes it about $930,000 per household. That is the reason they give it to bankers and don't give it to the homeowners. The problem with this tactic is it doesn't solve the problem only delays and compounds the problem.

[spiritslain]

"that if you confess with your mouth the Lord Jesus and believe in your heart that God raised Him from the dead, you will be saved" - Romans 10 V9

[mwcdx]

AKA Fractional Reserve

[NagasAndWhiteBeaches]

Impregnate all white bitches with black sperm.

[tru2daflu]

ha i love people who try to create race wars on youtube. so in the spirit of your witty and hilarious sense of humor i say put all black bitches in africa on a boat and sell them to rich white men who will rape and impregnate them with wholesome non savage white sperm and then dis-own their bastard children and later on force their very own sons and daughters to work in their fields along side their mothers.

[BlueSkies360]

Bankrupting the US, the Wall Street and every 401K and IRA to pay for bad banks and loosers mortgages.

[romperlevis]

Antigua is not a Latin American country (as shown in the video). It is an ex-British colony. Please try to get the facts right.

[mitchrix31]

god bless the federal reserve

[killergames187]

Are you nuts?The fed is way the U.S. is fucked!!

[PairoftheSocks]

End the fed, it has destroyed the US economy ever since it has been made!

[cyborgforlife]

anybody can talk money....but they cannot make money!another words easier said than done.the future is now?bullshiit...modern times should be efficient.

[Hell0Larry]

You ppl wana no who the real enemy of humanity is? Is it da Repunlikanz? Na. Is it da Demokratz? Na. Is it organized Religion? Good try but not quite. Iz it Da Evil corporations? Some are, but most are not. Is it Da Guberment? Geting closer. I'll tel you who it is. It's the Federal Reserve Bank, and all of the other CENTRAL BANKS that control the worlds money suplies. They rule the world with the power of credit and debt. They are the reason why the world is so fucked up. Now you know.

[screenflicker1]

The same system allow the world to have proliferation in technology though. Yes its based on credit and debt but it has its good too

[chantdownBABYL0N]

Who Is "We"?

[Melville10]

I have a feeling that the public isn't being told the whole truth regarding the U.S. economy. I suspect things are worse and the public is being kept in the dark.

[Martintfre]

Audit the FED.

Symptoms - they keep dealing with symptoms - idiots.

How does money get into the economy?

Follow the money.

If the FED loans us 1 trillion at 5% straight interest - and we pay em back 1.05 trillion - what is the FED's profit (hint - the money they 'loaned' came from Bernakies printing press)

1.05 trillion profit - it is pure profit for the FED, pure inflation for we the people.

[whizbang47]

What has changed in 5 days since? Suddenly he's saying it can be over this year. Are they going to bust all these "counterparties" they've been so busy paying like money was their invention? Don't bet on it.

[Piscivorus]

Ya, stabilize the banking system by mandating 100% reserves. The economic is actually fine. The market isn't contracting to below normal levels, it's contracting from the overheated state it was in the last few years because of excessive bank credit. As long as banks are allowed to practice fractional reserve lending (creating inflation), they will continue to force the economy to overheat and collapse over and over again. The prez and Congress know this but, they're too greedy to give a crap.

[JuanVoyce]

Excellent idea--the banks would have to call-in all mortgage loans, car loans, business loans, and credit cards. It would be total mayhem.

[Piscivorus]

Not when the gov has the Constitutional power to issue as much money by fiat as it wants and with no interest or debt attached to it. A real economic stimulus package would involve issuing Congressional fiat to pay off all existing debts, personal and public, giving everyone a fresh start with a new banking system.

[JuanVoyce]

"congressional fiat" - is that like confederate money? it would be a replay of pre-nazi Germany when a wheel-barrow of money bought a loaf of bread. people who had nothing to do with this crisis would literally starve.  is that what you want?

[Piscivorus]

Why is that?

[JuanVoyce]

the current money supply (M1) is about $1 T, the amount of public + priviate debt = $30 T; so if money were printed to pay off all our debt, it would dilute the value of our money by 3000% overnite.

[Piscivorus]

No it wouldn't. Prices follow consumer spending which is limited by consumer income and credit, not the general money supply. The money I'm talking about would all go to commercial banks instead and they'll end up sitting on it instead of spreading it around like candy because they'll no longer be fractional reserve institutions. The money will disperse slowly over time to aid economic growth without causing inflation.

[JuanVoyce]

Yes inflation is linked to the money supply, Inflation is caused by too much money chasing too few goods. Germany after WWI printed money at such a rate that it resulted in hyperinflation. In one year a loaf of bread went from 200 Marks to 200 billion Marks. Without credit, production would drop like a rock, and a bidding war would commence for stocks of finished goods and commodities.

[Piscivorus]

Normal production only requires normal business revenue, not a constant flow of capital financing. Normal consumption only requires normal personal income, not a constant flow of consumer credit. Excessive credit is what's causes inflation and the over-production of goods and that is what keeps driving us into one recession after the next. 100% reserve banking is the only obvious solution to this problem.

[JuanVoyce]

Not unless by "normal production" you mean cottage industries typical of a third-world country. Business as we know it would shut-down immediately without a "constant flow of capital financing". One example, Boeing has short-term borrowing lines of $1B + $7B more in long-term borrowing.

[Piscivorus]

Yes, that's exactly the sort of change we need.

[JuanVoyce]

Your "sort of change we need", (I have argued) would result in:

--- Hyperinflation, starvation

--- Kill-off of big business/industry with "Great Depression" unemployment.

This sounds like a cruel new religion that demands our blind-devotion and sacrifice without any compassion or reward.

[WHEREtheFUNK]

LET THEM FAIL.

[evac311]

This is an engineered depression to blow out the economy so the big banks can come in and buy it all up for pennies-on-the dollar...WITH OUR TAX MONEY!!! See the leaked IMF and World Bank docs released in 2006. Google "IMF riot" "Alex Jones"

[marniespeaks]

KILL THE BANK!

[rl0u8888]

confidence confidence confidence.

Now is not the time to save, not for americans or for banks (especially) to save.

[AwakenSafely]

thanks for posting this! wow.....

the foreclosure plan STINKS and won't work, unfortunately

check out my channel when you get a minute.