Hillary Clinton is being preened to take President Maobama's place. Both Obama and Hilary answer to George Soros who contributed to both and who has the mainstream media in his back pocket. He gets Obama to take the Country to extreme socialism passing treasonous legislation against the will of the American people, then gets Hillary in office. Our dollar is on the verge of collapse, and our sovereignty is threatened as a direct result of legislation and lack of leadership.
Clinton didn't leave a $5.6 Trillion surplus but a $1.4 trillion debt over eight years. He borrowed from Social Security, part of a $115 Trillion unfunded liability, to make it seem he left a surplus. See my about me for links. The Debt Clock should be adjusted increasing the national debt from $14.0 to $21 Trillion and reducing our unfunded liabilities by $7 Trillion to reflect the truth about Clinton.
When will you people figure out the money and debt is fake. China has debt also all the major countries do. How can they all have debt, who do they all owe? It's all a big game to control you.
Take a good look at the debt clock.
Stop being so foolish and start using some common sense.
Mortgage backed securities, credit default swaps, derivatives, sub-prime loans, and Enron on a world scale. The problem is that they make the rules or lack of rules and we follow what ever rules they make for us. I don't think it's about debt any more. Steve, you are a smart survival kind of guy. Since when do any of those soft suited guys even know the first thing about the skills you have? I think we need a different means of exchange. Then, you can throw the debt clock in the trash.
Ok, right off your saying the banks needed bailouts because of the bad loans they made. That's not why they needed the money, it was the fact that they bundled these mortgages into securities and sold the securities, with AIG full value insurance, in other words, as AAA securities. To top it off, the first purchaser bundled a bunch of these securities into one bigger security that was sold, backed again by AIG full value insurance and on and on.
When the foreclosures started happening, the holders of these securities demanded full payment for the "paper" they were holding. They cashed them in. Banks without the money to pay, like Lemans and Bear Stern, were the first ones to cry to the gov. It wasn't until Fannie and Freddie and J.P. that it became a national crisis. We bail them or watch our monetary system collapse. Taking down countries around the world with it.
Fannie and Freddie was the largest issuer of these types of securities. And AIG insured 70% of every security issued. Until the bad paper is taken out of the system (a plan was introduced a few days ago), AIG would continue to need money to pay off the securities they insure. And of course, in the mean time banks are afraid to lend to other banks, not knowing how much bad paper is on their books, so repayment is doubted.
and you think that we haven't been foreclosed on, and that collateral hasn't been signed over? IF you are over borrowed and had nothing left to assure payment, you would have to get the people to agree to work for free, and then use that labor to pay down some of the debt. We have been taxed to the point that there is no longer anything for us to keep. so get some bills passed that make people work for free.
2015 National Debt 22 trillion dollars. If the government keeps up the current spending rate.
troyshereforu 8 months ago
Hillary Clinton is being preened to take President Maobama's place. Both Obama and Hilary answer to George Soros who contributed to both and who has the mainstream media in his back pocket. He gets Obama to take the Country to extreme socialism passing treasonous legislation against the will of the American people, then gets Hillary in office. Our dollar is on the verge of collapse, and our sovereignty is threatened as a direct result of legislation and lack of leadership.
ThunderheadNebula 1 year ago
Clinton didn't leave a $5.6 Trillion surplus but a $1.4 trillion debt over eight years. He borrowed from Social Security, part of a $115 Trillion unfunded liability, to make it seem he left a surplus. See my about me for links. The Debt Clock should be adjusted increasing the national debt from $14.0 to $21 Trillion and reducing our unfunded liabilities by $7 Trillion to reflect the truth about Clinton.
.
Allen West 2012
ThunderheadNebula 1 year ago
us debt > $14 trillion - actual debt> $55 trillion- more like $100 trillion
jiminiflix 1 year ago
How can the countries all owe? You neglected the fact that they don't owe to other countries they all owe to the central bank. Back to school.
UnitedCorpOfAmerica 1 year ago
When will you people figure out the money and debt is fake. China has debt also all the major countries do. How can they all have debt, who do they all owe? It's all a big game to control you.
Take a good look at the debt clock.
Stop being so foolish and start using some common sense.
CosmosPrivateer 1 year ago
Mortgage backed securities, credit default swaps, derivatives, sub-prime loans, and Enron on a world scale. The problem is that they make the rules or lack of rules and we follow what ever rules they make for us. I don't think it's about debt any more. Steve, you are a smart survival kind of guy. Since when do any of those soft suited guys even know the first thing about the skills you have? I think we need a different means of exchange. Then, you can throw the debt clock in the trash.
vesnasvati 2 years ago
Thats why democrats and republicans both suck they both did this..
WhatCanIsay100 2 years ago
Both parties were used for it. They are puppets.
jyoung0000 1 year ago
If your outgo exceeds your income, your upkeep will be your downfall.
Great vid Steve.
SaintPatrick33 2 years ago 2
great vedio.great info.thank you for your hard work.please keep up the super job.again great job my frd....d.
dkravik 2 years ago
Ok, right off your saying the banks needed bailouts because of the bad loans they made. That's not why they needed the money, it was the fact that they bundled these mortgages into securities and sold the securities, with AIG full value insurance, in other words, as AAA securities. To top it off, the first purchaser bundled a bunch of these securities into one bigger security that was sold, backed again by AIG full value insurance and on and on.
Boomer1949 2 years ago
When the foreclosures started happening, the holders of these securities demanded full payment for the "paper" they were holding. They cashed them in. Banks without the money to pay, like Lemans and Bear Stern, were the first ones to cry to the gov. It wasn't until Fannie and Freddie and J.P. that it became a national crisis. We bail them or watch our monetary system collapse. Taking down countries around the world with it.
Boomer1949 2 years ago
Fannie and Freddie was the largest issuer of these types of securities. And AIG insured 70% of every security issued. Until the bad paper is taken out of the system (a plan was introduced a few days ago), AIG would continue to need money to pay off the securities they insure. And of course, in the mean time banks are afraid to lend to other banks, not knowing how much bad paper is on their books, so repayment is doubted.
Boomer1949 2 years ago
and you think that we haven't been foreclosed on, and that collateral hasn't been signed over? IF you are over borrowed and had nothing left to assure payment, you would have to get the people to agree to work for free, and then use that labor to pay down some of the debt. We have been taxed to the point that there is no longer anything for us to keep. so get some bills passed that make people work for free.
d3adp001 2 years ago
Excellent. Right on target.
aarythmic 2 years ago