One lie I think is so evil in our society that is taught to everyone and especially those who live paycheck to paycheck is that the wealthy are just born into it and no one can move up to being wealthy. THAT IS A LIE!!! Most millionaires are first generation and they got that way by staying out of debt like a car loan in which the value drops 25% when you drive it off the lot and 60 to 70% in 4 years, living on less than they make & investing. watch?v=EkcJe4d13Ts
ARRRRG! This documentary is misleading. THERE IS NOTHING WRONG WITH A TRADE DEFICIT!!! Warren Buffet should know better! TRADE CREATES WEALTH because all parties are better off. I run a huge trade deficit with my supermarket. I keeping buying food from that supermarket and as far as I know, the supermarket has never bought anything from me. Yet, I don't have any debt because I bought from them. I pay in cash. I don't own & never have owned a credit card. watch?v=y0gGyeA-8C4
If you believe that the average person is not responsible then you are either a brainwashed moron or you have not taken the time to get to know the average person. Put down the 55kg weights and pick up a book, learn something useful.
Well you are in the military so it used to describe someone that is the best at what they do. However when talking American politics it is use to describe the top 2% of the wealthiest people that actually run the American government and economy. In this case they are not the Best of the Best they are the Worst of the Worst. I know America does everything backwards. However you should reevaluate your country as it is modeled on the British and American empires.
The federal government borrows money from the Federal Reserve, a private bank, and sells bonds to foreign governments to pay back the Federal Reserve. Again, a private bank. The politician are the ones giving our money to these war mongering greedy thieves not the American people. Let’s lay the blame where it belongs and stop blaming the victim for the crime.
@mymojorisin its always easier to blame the government
they are partially at fault but have you ever considered that frivolous consumer spending is the reason why America has been driven from a major exporter to a major importer?
Yes I considered that ridiculous idea for all of about 30 seconds and have labeled it for the paper thin government propaganda that it is. Anyone that is fooled by that sorry excuse is a moron of biblical proportions. Sorry but some times the truth hurts and you have obviously bought the government propaganda hook, line and sinker. What a tool.
If you mean you have the freedom to react to events in your life with the limited resources you have available to you then yes, you have"Free Will". But then so does a slave and it does not get him out of his slavery. So what good is your so called Free Will when you cannot even see reality?
Blaming the finical situation on the average American is just wrong and a fucking lie. The elite and Federal government are the responsible parties for our current situation. To suggest that the American people are the ones responsible for this finical crises is a lie and removes all creditability from this video.
it is bill gates, and even if we took all of his money this year, it would only prevent $50 billion of debt. the Government creates trillions of dollars every year. so Bill Gates wouldn't be a drop in the bucket.
not true- Wealth is where the money is- bill gates dont keep all that money in his pocket- hell he dont hav full control of that money!
IT ALL GOES TO THE BANKERS! thats who controls the worlds financial system- just think about it, if i giv u $5 to put in a 'vault' then do I still hav $5? no i hav at MOST a 'promise' of $5 but no more than that. The guy who holds the $5 has the $5
& also the right to coin & properly regulate money has been violated by private Bankers. The entire current federal reserve system totally unconstitutional breaches Congress's right to coin money
It is literally an INTL system of bankers- those guys hold a monopoly on the worlds financial system & its been that way for countless years, decades & in history when bankers uncontrollably sieze control of financial systems&markets especially currency
@imbrd lol ur right. and where do the bankers put it? it doesn't go into a vault, it is lent out into the economy to businesses who need it. the bankers have less control over who pays them back than you do.
not really- spend & saving r secondary to the most fundamental principle of economy- supply & demand which saving/spend derive from. ie- Money is a commodity no matter how u look at it- thus the 1 who control the most of it holds the greatest ability & who controls most if not literally all of it? the private not public banks! when u put ur money in a bank- do u still hav that money? or does ur bank hav it? when u take a loan then pay it w/ another loan where does the money com from? the banks
LOL You said that saving too much money can be detrimental to the economy. What a moron. Saving money is ONLY a bad thing for the elite that want the savings that the American public has saved not for the people that is saving it. You need to watch something other than Fox News. Try getting a basic education in math.
so the government is selling off all of america and denying you a good wage because taxes go up, you know china is going to come claim their land and any slaves on their land will go with it.
CAN you believe they put alan greenspan on ther to tell us to save whenever the policies that he pursued for years have caused inflation which in effect has stripped away our buying power or savings. Tis guy has really gotsome nerve
One lie I think is so evil in our society that is taught to everyone and especially those who live paycheck to paycheck is that the wealthy are just born into it and no one can move up to being wealthy. THAT IS A LIE!!! Most millionaires are first generation and they got that way by staying out of debt like a car loan in which the value drops 25% when you drive it off the lot and 60 to 70% in 4 years, living on less than they make & investing. watch?v=EkcJe4d13Ts
MrConservative608 7 months ago
ARRRRG! This documentary is misleading. THERE IS NOTHING WRONG WITH A TRADE DEFICIT!!! Warren Buffet should know better! TRADE CREATES WEALTH because all parties are better off. I run a huge trade deficit with my supermarket. I keeping buying food from that supermarket and as far as I know, the supermarket has never bought anything from me. Yet, I don't have any debt because I bought from them. I pay in cash. I don't own & never have owned a credit card. watch?v=y0gGyeA-8C4
MrConservative608 7 months ago
3:10 - Alan Greenspan = Mr. Magoo :-)
DemePoole 1 year ago
@DemePoole Or the Six Flags dancing guy
DemePoole 1 year ago
The "American Dream" is over, everyone now belongs to the banks and fed.
MetallicOpeth 1 year ago
@orkneymist
If you believe that the average person is not responsible then you are either a brainwashed moron or you have not taken the time to get to know the average person. Put down the 55kg weights and pick up a book, learn something useful.
mymojorisin 1 year ago
@orkneymist
Well you are in the military so it used to describe someone that is the best at what they do. However when talking American politics it is use to describe the top 2% of the wealthiest people that actually run the American government and economy. In this case they are not the Best of the Best they are the Worst of the Worst. I know America does everything backwards. However you should reevaluate your country as it is modeled on the British and American empires.
mymojorisin 1 year ago
The federal government borrows money from the Federal Reserve, a private bank, and sells bonds to foreign governments to pay back the Federal Reserve. Again, a private bank. The politician are the ones giving our money to these war mongering greedy thieves not the American people. Let’s lay the blame where it belongs and stop blaming the victim for the crime.
mymojorisin 1 year ago
@mymojorisin its always easier to blame the government
they are partially at fault but have you ever considered that frivolous consumer spending is the reason why America has been driven from a major exporter to a major importer?
ihateloudbitches 1 year ago
@ihateloudbitches
Yes I considered that ridiculous idea for all of about 30 seconds and have labeled it for the paper thin government propaganda that it is. Anyone that is fooled by that sorry excuse is a moron of biblical proportions. Sorry but some times the truth hurts and you have obviously bought the government propaganda hook, line and sinker. What a tool.
mymojorisin 1 year ago
@mymojorisin i think for myself, and i considered the facts and i came to the conclusion myself
besides, i dont care about the government or the economy, it cud screw itself for all i care
i have free will, and i dont have to be tied down by others' mistakes
and dont you think it would hurt less to blame others? and yet here you are shooting your mouth off about how "the truth hurts"
ihateloudbitches 1 year ago
@ihateloudbitches
LOL You said free will, you must be a Christian.
.
If you mean you have the freedom to react to events in your life with the limited resources you have available to you then yes, you have"Free Will". But then so does a slave and it does not get him out of his slavery. So what good is your so called Free Will when you cannot even see reality?
mymojorisin 1 year ago
@mymojorisin im atheist
and i can do whatever the fuck i choose- if the US is getting screwed over, then ill gtfo
as long as im comfortable, i couldnt care less
ihateloudbitches 1 year ago
@mymojorisin im not responding to your crap anymore, i honestly dont care what you or anyone else thinks
ihateloudbitches 1 year ago
Blaming the finical situation on the average American is just wrong and a fucking lie. The elite and Federal government are the responsible parties for our current situation. To suggest that the American people are the ones responsible for this finical crises is a lie and removes all creditability from this video.
mymojorisin 1 year ago
Smart Ike :)
SacraManga 1 year ago
what we should ask is who is the most wealthiest person in the US- it definitely isn't bill gates no
imbrd 2 years ago
it is bill gates, and even if we took all of his money this year, it would only prevent $50 billion of debt. the Government creates trillions of dollars every year. so Bill Gates wouldn't be a drop in the bucket.
nicktm94 2 years ago
not true- Wealth is where the money is- bill gates dont keep all that money in his pocket- hell he dont hav full control of that money!
IT ALL GOES TO THE BANKERS! thats who controls the worlds financial system- just think about it, if i giv u $5 to put in a 'vault' then do I still hav $5? no i hav at MOST a 'promise' of $5 but no more than that. The guy who holds the $5 has the $5
imbrd 2 years ago
& also the right to coin & properly regulate money has been violated by private Bankers. The entire current federal reserve system totally unconstitutional breaches Congress's right to coin money
It is literally an INTL system of bankers- those guys hold a monopoly on the worlds financial system & its been that way for countless years, decades & in history when bankers uncontrollably sieze control of financial systems&markets especially currency
imbrd 2 years ago
@imbrd lol ur right. and where do the bankers put it? it doesn't go into a vault, it is lent out into the economy to businesses who need it. the bankers have less control over who pays them back than you do.
nicktm94 1 year ago
hilarious video. Really think highly of Steve Martin
sabrinacle 2 years ago
Big contrast to China's average 25% of earned income saved.
Saving too much money can be detrimental to the economy as consumption and spending are also critical to economic growth.
However, the Americans can clearly learn from the Chinese in financial management and saving money for rainy day situations.
HalifaxHercules 2 years ago
not really- spend & saving r secondary to the most fundamental principle of economy- supply & demand which saving/spend derive from. ie- Money is a commodity no matter how u look at it- thus the 1 who control the most of it holds the greatest ability & who controls most if not literally all of it? the private not public banks! when u put ur money in a bank- do u still hav that money? or does ur bank hav it? when u take a loan then pay it w/ another loan where does the money com from? the banks
imbrd 2 years ago
@HalifaxHercules
LOL You said that saving too much money can be detrimental to the economy. What a moron. Saving money is ONLY a bad thing for the elite that want the savings that the American public has saved not for the people that is saving it. You need to watch something other than Fox News. Try getting a basic education in math.
mymojorisin 1 year ago
Comment removed
eusurfer 2 years ago
are you talking about money wise
what the hell do you think he's talking about
duh
mattgeb84 2 years ago 7
@mattgeb84 LoL! No wonder other countries think Americans are so stupid! LoL!!!!!
DemePoole 1 year ago
USA in bankrupt long2 time ago...
rinjingan 2 years ago
so the government is selling off all of america and denying you a good wage because taxes go up, you know china is going to come claim their land and any slaves on their land will go with it.
freepress666 2 years ago
CAN you believe they put alan greenspan on ther to tell us to save whenever the policies that he pursued for years have caused inflation which in effect has stripped away our buying power or savings. Tis guy has really gotsome nerve
andreamirelez 3 years ago 10
@andreamirelez apparently, hes had a change of heart
ihateloudbitches 1 year ago
thanx a lot this movie iz somethin 2 bad poor people buy lcd screens when they are in debt they dont ralize
driftlordx 3 years ago
Thanks for uploading this. I have been wanting to see this.
conciousgood 3 years ago 2