If America is Broke how are we sending billions overseas? 700 million to brazil, 500 million to pakistan, 780 million to greece, 700 million to Israel, and last year 500 BILLION to Eurpoe.
all this seems very silly on a basic level. gold is nothing but a shiny metal rock that comes from the dirt. and money is nothing but paper....and now its its not even that. its just digits on a screen. We give all of this stuff value.
The consumer may have been manipulated, but he is still 100% responsible. Same as an alcoholic with a bad childhood. The disease of alcoholism is not getting this essential point. Same with the pain packed consumer who blindly followed ego-ruptcy through consumption as an identity.
One of the most profitable things a nation and it's people can be in possession of is a non profit national bank owned by people. Anything other is just guarantied perpetual enslavement of the people, No nation can be truly sovereign before valid foundations by the will of the people are reset.
Where do we begin? I have no freakin clue how to help or stop this or what steps should I take to help myself. Please don't say buy gold. I don't have money as it is and I don't even know how this gold buying is going to save my life. QUESTIONS!
The only way out is thru Gold.....it has to go to a price that it went to during the Medici italian banking era.......about $55,000USoz in todays money......and if that is not enought then double it and then double that......
when Walker says 'We don't have any money - Govt doesn't have any money......why doesn't he refer to the Fort Knox Gold - priced at $35oz'?
That is the govts money - Treasury owns it!
Just re-price it and float it.......jesus! talk about lame problem solvers....
there are more billionaires in China than America (fact) More in Moscow than any other city in the world (fact), and Americans still give more.
Americans don't donate to planned parenthood "charities" nor do they give women in Africa Sterility...
What does Bush, or any of those conspiracy theories have to do with Americans being selfish... Take a Prozac and chill (don't tell me about the secret world of prozac, i was kidding. This is why you have your acct name)
Americans give more in charity than any other nation in the world... The problem is that trade agreements exported our wealth production (industry) to countries like yours, and now you take the prosperity, bolster your economy with entitlements, and come down on the nation that put you there... Get over your nationalistic pissing contest and look at the facts.
Believe nothing, no matter where you read it, or who said it, no matter if I have said it, unless it agrees with your own reason and your own common sense.
Believe nothing, no matter where you read it, or who said it, no matter if I have said it, unless it agrees with your own reason and your own common sense.
goodbye USA.... Nice knowing you ! Wait... is there hope? Whats his name? A Congressman, Paul? Ron Paul? Dr. Ron Paul? If he has a mandate, we could see a turnaround within 16 years IF After 2 terms Dr. Rand Paul is voted in. Come on America, we know the answer ! Its time for you to now act ! watch my videos
I recommend people watch Fernando Solanas's documentary, Memoria del Saqueo, about events that led to the economic collapse of Argentina, the increase in poverty to 57.5% & eradication of its middle class. Central to the collapse was the implementation of policies that enabled the theft of billions by foreign banks & corporations. Argentina's assets/resources were plundered resulting in massive wealth transfers & impoverishment. Sound familiar?
"We are the mirror to look into. The mistake to avoid. Argentina is the waste that remains of a globalized country. We are where the rest of the world is going." Author Unknown (about the 2001 economic collapse of Argentina)
In Greece, foreign bankers are talking about taking natural resources and historical monuments in lieu of repayment. Bankers will own the country. It happened in Argentina and will happen in Canada and the USA.
In Bolivia, the World Bank loaned money that they could not repay, the gov't gave the World Bank the rights to its water. See my playlist "Cochabamba Water Revolt and Its Aftermath" to learn more.
The Canadian government has a choice and can borrow interest free money from the Bank of Canada. The Bank of Canada can offer provincial and municipal governments funding at rates that are well below private bank rates.
All G-8 countries, on behalf of their citizens, borrow as debt at substantial interest from private banks. More than half of your income tax dollars service the interest on the debt.
In just three years (2007-2009), all federal debt repayment in Canada since 1997 was wiped-out.
The Bank of Canada creates 5% of the money supply in Canada. The private banking system creates 95% as debt at substantial interest. The private banking system has succeeded in privatizing the money supply in Canada. Banks create money out of nothing.
"Once a nation parts with the control of its currency and credit, it matters not who makes that nation's laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognized as its most conspicuous and sacred responsibility, all talk of the sovereignty of Parliament and of democracy is idle and futile." -William Lyon Mackenzie King, 10th Prime Minister of Canada, Illuminati insider
Queen Elizabeth II is the legal owner of one sixth of the land on the Earth's surface, more than any other individual or nation. This amounts to a total of 6.6 billion acres (27 million km²) in 32 countries.
37.5% of the Earth is owned by 147 states.
21% of the Earth is owned by 26 people.
41% of the Earth is owned by 1% or less of the population on Earth.
85% of the Earth's population own nothing.
Source: Kevin Cahill, "Who Owns the World: The Hidden Facts Behind Landownership"
In 2009, the Federal Reserve engineered 20+ trillion dollar bailouts equaling 40% of the private wealth created in the US since 1776.
The deficit during October and November 2009 totaled $297 billion or $4.9 billion per day.
The Office of Management and Budget reports that the US government will experience deficits of tens of trillions of dollars for the next 70 years and the US will not have one year with a surplus for the next 70 years.
According to a recent Federal Reserve report, the private net worth in the United States (US) is $53.4 trillion. The debt and unfunded liabilities are $120 trillion or $389,610 for every man, woman and child. Dozens of US states are bankrupt.
In 2010, the US federal deficit is expected to be $1.6 trillion.
The US government is overspending by approximately $4.38 billion per day.
Since 1913, the Federal Reserve has devalued the US dollar by 98+%.
Bush's irresponsibility and extreme tax cuts to the wealthy combined with "trickle-down" Reaganomics is the culprit. This collapse was set in motion decades ago and nobody payed attention because we were all too busy trying to get rich
Goldman-Sachs recently had the 3rd most profitable quarter in their history while the working man struggles. Big business, Wallstreet and financial industry predators are all doing just fine. Money doesn't disappear; most Americans don't understand the free market
The money didn't disappear. China, Japan, and the Saudis have much of it. Wall Street got their cut via credit defaults (thanks Larry Summers currently in the Obama admin.) and bailouts. You seem to ignore Mr. Obama. He didn't cause it, but fellow dems (Frank, Dodd) exacerbated the problem and his record-setting deficits make it much worse. If we truly had a free market the banks would have failed. Good. Let someone responsible take their business. No more bailouts for anyone.
And how did they get that money? Big business siphoned off that money and sent it overseas. Money is leaving our country through these leaks that are big business. Regulation is the only viable option to curb these abuses.
This bailout however was the world's biggest transfer of wealth to the already wealthy in human history. This does not mean a responsible, necessary bailout is impossible.
Btw, the free market I was referring to does not exist. Capitalism does not exist
Much of the money loss has come from T-bill sales necessary to finance our debt to foreigners. Additionally our huge trade deficit only adds to the problem. Regulation is the problem. We've driven away our manufacturing base. Another bailout will only postpone the problem. We're already running a $1.5 trillion annual deficit now.
I agree with you that true capitalism does exist here anymore. It's very sad. We've become spoiled with an unfounded sense of entitlement.
Lack of regulation in corporations has allowed them to build factories overseas where the cost of production is cheaper. This siphons money out of America, takes potential jobs overseas, and floods our market at home with cheap goods that in turn puts manufacturing at home out of business.
Capitalism, like communism, has never existed. They are unachievable, whether due to human nature or otherwise. True capitalism would destroy whatever country it manifested in.
The cause of this is not the consumer, the consumer is the intentional byproduct of predatory corporations and banks. This was more of a doomsday video than anything constructive. It was also very Republican. Ron Paul said it was because there was too much regulation, but the entire manipulation of the system by these predators was allowed because there was little to no regulation to speak of. It was businessmen doing what they do best, make a profit. The money didn't disappear, they have it.
I love your choise of music, .....by the way, awaken to your divine within, open your third eye.....reality is not what it seems. Lifting the veil of reality......dawn is only just rising, age of enlightenment. There is a greater intelligence at work here, we need to grow up.....higher state of Consciousness. Human mindless doing transforms into Human Being......
This will ALL END when the taxes collected won't even pay the interest required to finance the Federal Government's debt. The day will come when printing trillions of phony dollars is the ONLY option available. Short of MASSIVE SPENDING CUTS, that day is coming very soon. Bush was terrible and Obama is worse. We desperately NEED a REAL CONSERVATIVE political party.
This video missed the most important factor ....the source of the system. What caused it. THE CONSUMER.
An addicted, insatiable consumer drove the system and made it possible.
Now, all of a sudden, when the "crack cocaine" lifestyle comes crashing down, it's time to "fight"? As if the public is a "victim"?
How about some responsibility....this fear mongering vibe where the addict has become a "victim" is just more of the same. Compulsion...to fear....to blame...to attack. Poor.
@JFM135 I'm going to have to agree with you on this one... but i didn't miss it... i didn't include it... this is a starter video for newbies on the economic situation.
It is not supposed to instill fear so much as it is supposed to instill awareness... I have done no fear mongering, only truth mongering...
and this crisis is the responsbility of everyone... that's why everyone should watch it!
@smkuhner Totally disagree...watch Century of the self by Adam Curtis (wiki), we're desired based happiness machines, the advertising industry and the corporations are creating the US Consumer...it is by design...
@JFM135 Consumer is not the ultimate source. Where are these addicted, insatiable consumers from? They are from the the American Education system. Why does this education system produce this type of persons? The whole society and education system are corrupted. They only produce selfish, aggorant, stupid American Joes while the upper 1% can keep sucking their blood. This country needs a revolution.
@JFM135 You're crazy. You can't blame the masses when a small percentage of the peopel actually own the majority of the wealth and tell us what to buy and to buy more of it NOW. Pls search for and watch 'Century of the Self' We are told to behave how we do, not that I am saying it is right, but it is hard to break out of the ideology.
@JFM135 The *basis* of the system is money and banking. The banks control the amount of money, the interest, credit ratings, every aspect of the system. Whether you have a job, a home, or a car, are all determined by the banks. The *entire* economic system is complex, but it is controlled only a few factors, and the Fed has absolute control of those factors.
We live in a system controlled absolutely by the most insatiably greedy humans of all time. i.e., the Federal Reserve Board.
@JFM135 The Fed/government caused all this by giving away free money to everyone and encouraging them to spend and incur so much debt that they can't pay it. Free money will do that.
@JFM135 You're so wrong about the cause. The consumer of which you speak was created by a corporate elite that engineered an acculturation system, an information system and a supply chain, consumer credit and distribution system to fit their margin targets. Mentalities are conditioned; they are not innate. You are short-sighted and it is these types of mentalities that have given our adversaries their chief advantage over us.
This is pretty sad. This is to show humans that we don't know anything at all. A piece of paper (money) defeating humans. Not even with "all this innovating technology" could prevent this economic mess. Unfortunately, USA is one to blame. Marketing unnecessary wants we don't need on ruling cable channels like MTV and VH1? Teens maxing their credit cards because they want to be like their "role models." Great videos smkuhner!
maybe it doesnt end somewhere....maybe the debt just keeps going up and up and up and it doesnt end somewhere like its been doing....did you ever think about that ?? they have kept the charade going for this long so there is no reason that they cannot continue to do so !!
Finally! Someone knows how I feel, but so do many other agree! This is so ridulous!! It makes me laugh to the stupidity and even hurt to the fact how sad this is!
@ everyone: This isn't just about money issues either. It's all the hidden things that the government hides.
Ever watch Resident Evil movies or play the video games? The Umbrella coorp.? How they makes things appear good but they're primaray evil? Ditto to our world! >:(
give me a break....they have been saying the same crap year after year but the economy never collapses and gold never reaches those levels and the dollar continues to go up and down !!
@PREPAREORSUFFER the dollar is going to continue to go up and down, but its long term trend is down. These guys are repeating the same thing over and over, but they're not saying its going to happen today. They try to explain (marc faber for examples says 5-10 years) that in the future we will have a lot of inflation, possibly a dollar death as the unfunded liabilities add on to our official debt burdens, the rest of the world stops borrowing to us... and we start printing frantically
Whether or not the economy drops or rises back and forth, it becomes more and more dramatic until it's going to be too late one day.
Ever play Monopoly? There can only be 1 winner. All the rest goes bankrupt. This is an example of how the world will be one day (how Monopoly originated was based on debts, the economy, and such).
Only 1-3% of the world wil be financially secure while the rest is poor and financially rotten when it reaches its worst. :l
This video sucked. It pointed out the obvious, and pretended it knew the solution. Will you fight? Fight what? Obama? that's stupid: de-regulation is what got us here in the first place, and then inconsistency with bailing out shat head banks furthered this. Honestly, credit is the root of all these problems. Little government is absolutely NOT a solution to all of this. Nor is all the spending. Point is there is no obvious solution to all of the things as they are.
@bluenytefalls thank you.. you're more than entitled to a position, and i welcome oposition... if you'd like to debate or discuss the issues or my positions I'd be more than willing to take a private message
@bluenytefalls... this video was not meant to inform you of things that you already understand... its more of a reminder to the people who do understand and a question to those who have never looked into it. We do have solutions... and ideas... you can't put them all in one video
My position is that the single biggest cause of this massacre we're facing is the FED. In this case if we get rid of the FED and let the free market regulate the banks (i.e. let them go bankrupt) we'd be better off
Keep in mind that the House of Rothschild controls the price of gold, just like they determine the value of each nation's currency. It's almost a lose-lose situation. The only things of value in the future will be food, and energy.
sbmaniac123 is a disinfo agent trying to spread lies and confuse people and start stupid arguments to distract from the real issues, just like how the USA will go to war to distract people from the real issues.
sbmaniac123 must work for Obama getting paid to post, it's not working, that's why Obama wants to create a new internet and ban free speech. We are moving into dark times!
The silence of the American peoples in the face of such outright theft is staggering.If any encumbent is returned in the next election and the president goes un-impeached,then the signal to the the elite is carry on.
Marc Faber at 4:30 "Governments have to inflate and they cover it up by going to war". That's why they are trying to start a war with Iran. To cover up their plunder.
This crash is going to be like the Titanic sinking. So unexpected started to sink, and by very dramatic means. Right now we're only seeing the ice but we don't know what shards are under the water that will pierce us open. And just how poorly preventative the design is. Gulp gulp gulp.
Hey, this is great. On the topic of your video a few days ago, this is a very good "wake up" video to send around to people. It's short enough, yet broad in scope that most will at least have their curiosity peaked. I send it over to my facebook.
The thesis for hyper inflation is that 1) politicians will continue to inflate pay for existing costs and unfunded liabilities because it is the politically popular thing to do 2) The U.S. has no to little production, and the value of the dollar is supported by production largely outside of the United States. 3) The U.S. dollar is saturated globally (the ability for the dollar market to expand is gone) so the ability to absorb inflation is gone.
The creator of this video is what scares the hell out of me about the American public. They've used good information to draw completely the wrong decisions. And Ron Paul saying that the cause of the crisis is that we didn't trust free market ideals.... are you fucking kidding me??? The repeal of glass steagal, ignoring the incredible risk taking in huge investment banks, betting of the bank because the american people will have to save us. Un-fucking-real that we've forgotten that.
@sbmaniac123 Yes we do not have free markets... you obviously didn't pay attention, you would understand that all the risk would have been destroyed by now had we let the big investment banks "who made risky decision" fail... all of their worthless assets would have been liquidated and the debt wouldn't have been transfered to the u.s. public. We don't have a free market because we have a central bank, and yes there needs to be regulation in the right places keep your potty mouth to yourself
@smkuhner instead we saved the banks... this is what screwed us in the end because its adding to the debt levels of the u.s. federal government... which will lead us to print more money (since we can't pay off the debt) which will unleash inflation after the deflationary pressures of the recession fade away
Even worse idea. So you are saying let all of the banks fail so we can keep to our free market society???? If Ron Paul was factually correct, he would know that those were the actual actions taken by the central bank after the great depression. And what are you talking about "all the risk would have been destroyed". The entire financial system would have been destroyed including payment systems, money markets, commercial paper, etc.
@sbmaniac123 LISTEN! All of the banks that made RISKY INVESTMENTS would fail... leaving the financially sound banks to buy up their assets for pennies on the dollar (what they were really worth)
we can't keep a free market society that we don't have... this wouldn't have happend without the federal reserve lowering interest rates to artificially low levels after 9/11.
No the entire financial system wouldn't be destroyed it would just have changed ownership. You don't understand a lot.
You're an idiot. Goldman Sachs is an example of a bank that correctly anticipated the mortgage crisis. They would not have existed (post crisis) if the federal reserve didn't step in to support the financial system. By rescuing AIG, Goldman Sachs was bailed out because it was made whole on the swaps it purchased from AIG. The spread of risk was system wide. GW Bush deregulated the entire system. That "free market" just collapsed. Republicans are just trying to shift the blame.
@sbmaniac123 Oh i got you now... i didn't realize you were playing the "my party is better than yours game" i'm not a republican they suck... goldman sachs doesn't produce anything in our economy, they are an investment bank that sux wealth out from the people... and they wouldve failed YES and we should have let them... we don't need them around... and their assets would have been sold to someone smarter...
@sbmaniac123 i'm not even sure i can take you seriously... it sounds like your joking... that's how ridiculous your points are... i've never heard anyone stick up for goldman sachs before its possibly the most un-defensible position you could possibly take... they made stupid decisions buying swaps from AIG... when AIG failed they both should have died... it'd be like america clealing this shit off the bottom of its shoes
I don't give a shit about whose political party is better, and I definitely am not defending Goldman Sachs. I'm saying that your theory that no government should exist and all the markets should be 100% "free" is insane. Likewise, Ron Paul drawing the political conclusion in this video that this crisis was caused by Obama and we should have let the financial system collapse is also insane.
@sbmaniac123 i'm not saying that... we should have regulations i agree with you... that's not against free markets to regulate what is immoral... we didn't have free markets... deregulation does not = free markets my friend you have to realize that... bush was not a free marketeer he was a corporateer... corporitism is different than capitalism... sadly we have been acting under the former for many many years now and is what has caused this mess due to corruption
@smkuhner most of the derivative instruments should have never been created... its turned what is supposed to be an investment tool (the stock market) into a gambling circle. i'm saying that deregulation is not the primary cause, its the federal reserve... u.s. government's support of corporitism, and lack of production in this country, and consumerism beyond our means
@sbmaniac123 i never oncce said we should have no government... we have the largest government that has ever existed... and its leading us to demise... those companies got "too big to fail" because the corrupt government gave them benefits unavailable to others including special rates on overnight loans from the fed... i'm not saying no government... i'm saying less and definately more local... stop speaking in absolutes it destroys your arguments
Right, I'm going to bat for Goldman Sachs. If you read above, you'd see that I'm saying to smkuhner, that his idea that all of the assets would be transferred to "wealthier banks" isn't true. He is full of half baked ideals.
@sbmaniac123 No i never said their assets would be transfered to "wealthier banks" goldman sachs is the WEALTHIEST bank! i'm saying they would have beens sold to smaller institutions that didn't make risky investments... you don't even explain your points which makes your ideas completely unbaked...
you are full of SHIT, Bill Clinton signed the bill to end Glass Steagall, the democrats forced the banks to lend to getto bumbs, and losers like you, Bush was no winner, and truely a failure, however, Clinton, Ruben, Summers set this up to fall long before Bush showed up, fags like Barney Frank said Fannie mae was just fine, when Repulicans wanted to slow it down, now it is on the brink of collapse.
Actually, I'm not on the government tit at all, nor did I buy a house at the height of the market like the rest of you lemmings did. I am an engineer and actually provide a real product for this country. I'm in the private market and make a good living. Never collected an unemployment check, pay those steep taxes every year, and have worked my ass off for decades. It's amazing to me, how far away from understanding the problem the people in this post are. The problem is both regulation &
the free market. By completely de-regulating the banks it allowed them securitize and sell loans without taking any position in them. If you didn't have to take any responsibility for the product your selling then the only thing that matters is transaction volume. Also, the deregulation promoted by Bush and Cheney, and the perspective "that deficits don't matter" allowed the credit agencies to hop in bed with the banks. The whole system was set up so no one had to take responsibility.
No one wants to take responsibility. The bankers, the regulators, or the dumbass borrowers who couldn't even cover the closing costs on their new million dollar home. You fucking idiots have no real solution, or for that matter understanding of the problem. Hence the reason, we are all fucked for the long term.
It's a combination of regulation, accountability, and market innovation that could get us out of this mess. The extremist views supported by the fucking morons in this post leave me without any optimism, however.
@sbmaniac123 that's the whole idea of the free market.. it forces the bankers to take responsibility, by going bankrupt a new buyer would have stepped in to buy up their assetts for what they're really worth... pennies on the dolllar, which would allow the new owners to make a profit, and save the rest of the economy
@sbmaniac123 hahaha no you don't seem to understand the problem clearly. Besides the fact that you're completely overlooking how the problem was started by the FED. Which most the people watching this are for abolishing... you're forgetting that most of the sub prime loans weren't created by the banks they were sold by mortgage brokers who were never regulated like banks in the first place. The free markets would have saved us because they would have punished the banks who made those risks
great vid! just the music too loud and too dramatic :) also I think we may see some deflation due to deleveraging and defaults on the debt - thats when they really go out and print
recovery?10 years ago,although the economy was bad,i knew no one that was losing their homes due to economic reasons.now (i lost my home)and i know at least 20 on the brink,probably 20 more that have lost everything.these r older people that havent much of a chance of ever having a sustainable income if they do get a job.i will work if i get the chance,at 50 im bracing myself for homelessness.millions more like me out there.
Anyone buying into this America is on the way out, doesn't know who really runs the show. There is no way the the Central Banks are going to allow one of the G7 to go under. Greese..sure...America..hell no.
To remove the Central Banking system now, would collapse the entire global economy. There would be no means to have a war. There would be no monetary system at all.
Bravo to you man!! Good work my friend...this could go viral man...I had someone send this to me. I was like, "My man smuckner!" lol... right on man...good work.
Good video. Scary, but truthfull I think. Ron Paul 2012.
tayronachan 1 month ago in playlist More videos from smkuhner
If America is Broke how are we sending billions overseas? 700 million to brazil, 500 million to pakistan, 780 million to greece, 700 million to Israel, and last year 500 BILLION to Eurpoe.
MercifuILordVoo 1 month ago
Yeah right it's all the consumers fault, nothing to do with the criminal Federal Reserve and it's underling bankers. Gimme a break.
rotagen5 1 month ago
the first part was shut down!!! where can you still view it??? fucking government ...
rpo11234 4 months ago in playlist Economic collapse
Kickass and awesome video! It [and the interviewees within it] speak the truth. Loved the song, too. I'm certainly not going silently into the night.
rjky1986 6 months ago 2
Good video! 1 & 2
TheMEK3 6 months ago
you folks better start stocking up on Gold and Silver
NYWAORCANZ 6 months ago
nearly half of the peope will die a new 4 reich will be build and the last war in human history will start
Ikazu1991 7 months ago
great work with the video people.spells it out prety good.
bowlan2112 7 months ago
Comment removed
rpo11234 7 months ago
I am 27,854 and want to tell you Smkuhner THANK YOU for this VERY important message!
sainegve 8 months ago
END THE FED, END THE WARS. RON PAUL 2012
DennyDucet 9 months ago 2
all this seems very silly on a basic level. gold is nothing but a shiny metal rock that comes from the dirt. and money is nothing but paper....and now its its not even that. its just digits on a screen. We give all of this stuff value.
live4pce 10 months ago
The consumer may have been manipulated, but he is still 100% responsible. Same as an alcoholic with a bad childhood. The disease of alcoholism is not getting this essential point. Same with the pain packed consumer who blindly followed ego-ruptcy through consumption as an identity.
JFM135 1 year ago
One of the most profitable things a nation and it's people can be in possession of is a non profit national bank owned by people. Anything other is just guarantied perpetual enslavement of the people, No nation can be truly sovereign before valid foundations by the will of the people are reset.
95neggog 1 year ago
Where do we begin? I have no freakin clue how to help or stop this or what steps should I take to help myself. Please don't say buy gold. I don't have money as it is and I don't even know how this gold buying is going to save my life. QUESTIONS!
bdmenne 1 year ago
Like-minded people need to get together.
marieatthelake 1 year ago
Most of the people who want this crash to happen don't realize they and many of the people they care for will suffer horribly.
marieatthelake 1 year ago
this mark faber is funny
elimar008 1 year ago
The only way out is thru Gold.....it has to go to a price that it went to during the Medici italian banking era.......about $55,000USoz in todays money......and if that is not enought then double it and then double that......
when Walker says 'We don't have any money - Govt doesn't have any money......why doesn't he refer to the Fort Knox Gold - priced at $35oz'?
That is the govts money - Treasury owns it!
Just re-price it and float it.......jesus! talk about lame problem solvers....
dojufitz 1 year ago
СУПЕР КЛИП ....БРАВО
tonydim1 1 year ago
buying more ammo for my AK every month
UDflyer04 1 year ago
wait a minute.. slow down.
there are more billionaires in China than America (fact) More in Moscow than any other city in the world (fact), and Americans still give more.
Americans don't donate to planned parenthood "charities" nor do they give women in Africa Sterility...
What does Bush, or any of those conspiracy theories have to do with Americans being selfish... Take a Prozac and chill (don't tell me about the secret world of prozac, i was kidding. This is why you have your acct name)
Bishop153 1 year ago
Americans give more in charity than any other nation in the world... The problem is that trade agreements exported our wealth production (industry) to countries like yours, and now you take the prosperity, bolster your economy with entitlements, and come down on the nation that put you there... Get over your nationalistic pissing contest and look at the facts.
Bishop153 1 year ago
Source of the problem is TOO MUCH GOVERNMENT POWER!
davenetdog 1 year ago
@davenetdog yup
SuperLightheaded 1 year ago
Believe nothing, no matter where you read it, or who said it, no matter if I have said it, unless it agrees with your own reason and your own common sense.
The Buddha
gougeonit 1 year ago
Believe nothing, no matter where you read it, or who said it, no matter if I have said it, unless it agrees with your own reason and your own common sense.
The Budda
gougeonit 1 year ago
goodbye USA.... Nice knowing you ! Wait... is there hope? Whats his name? A Congressman, Paul? Ron Paul? Dr. Ron Paul? If he has a mandate, we could see a turnaround within 16 years IF After 2 terms Dr. Rand Paul is voted in. Come on America, we know the answer ! Its time for you to now act ! watch my videos
iamdiaperman 1 year ago
it's to late now.....
etinkake1 1 year ago
I recommend people watch Fernando Solanas's documentary, Memoria del Saqueo, about events that led to the economic collapse of Argentina, the increase in poverty to 57.5% & eradication of its middle class. Central to the collapse was the implementation of policies that enabled the theft of billions by foreign banks & corporations. Argentina's assets/resources were plundered resulting in massive wealth transfers & impoverishment. Sound familiar?
See my playlist "Argentina's Economic Collapse."
hplaserjet2001 1 year ago
"We are the mirror to look into. The mistake to avoid. Argentina is the waste that remains of a globalized country. We are where the rest of the world is going." Author Unknown (about the 2001 economic collapse of Argentina)
hplaserjet2001 1 year ago
Now the Canadian gov't states it can no longer pay for health care. Health care the Canadian taxpayer pays for through their taxes.
Since 2005, Canadian taxpayers paid $350+ billion in interest on the national debt.
Our tax dollars are being wasted paying interest on debt to foreign bankers.
Argentina can not repay its $200 billion debt and will lose its natural resources to foreign bankers. They've lost much already.
Canada's debt is 519+ billion. How is Canada going to pay its debt?
hplaserjet2001 1 year ago
In Greece, foreign bankers are talking about taking natural resources and historical monuments in lieu of repayment. Bankers will own the country. It happened in Argentina and will happen in Canada and the USA.
In Bolivia, the World Bank loaned money that they could not repay, the gov't gave the World Bank the rights to its water. See my playlist "Cochabamba Water Revolt and Its Aftermath" to learn more.
hplaserjet2001 1 year ago
The Canadian government has a choice and can borrow interest free money from the Bank of Canada. The Bank of Canada can offer provincial and municipal governments funding at rates that are well below private bank rates.
All G-8 countries, on behalf of their citizens, borrow as debt at substantial interest from private banks. More than half of your income tax dollars service the interest on the debt.
hplaserjet2001 1 year ago
In just three years (2007-2009), all federal debt repayment in Canada since 1997 was wiped-out.
The Bank of Canada creates 5% of the money supply in Canada. The private banking system creates 95% as debt at substantial interest. The private banking system has succeeded in privatizing the money supply in Canada. Banks create money out of nothing.
hplaserjet2001 1 year ago
Since 2005, Canadian taxpayers paid $350+ billion in interest on the national debt.
In fiscal year 2008-2009 the Canadian federal debt was $463.7 billion.
After April 1, 2009, the federal debt grew by $1,772.58 per second, $106,355 per minute, $6.4 million per hour, or $153 million every day.
By March 31, 2010, Canada's federal debt will increase to $519.6 billion or $15,000+ for every man, woman and child.
hplaserjet2001 1 year ago
"Once a nation parts with the control of its currency and credit, it matters not who makes that nation's laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognized as its most conspicuous and sacred responsibility, all talk of the sovereignty of Parliament and of democracy is idle and futile." -William Lyon Mackenzie King, 10th Prime Minister of Canada, Illuminati insider
hplaserjet2001 1 year ago
Queen Elizabeth II is the legal owner of one sixth of the land on the Earth's surface, more than any other individual or nation. This amounts to a total of 6.6 billion acres (27 million km²) in 32 countries.
37.5% of the Earth is owned by 147 states.
21% of the Earth is owned by 26 people.
41% of the Earth is owned by 1% or less of the population on Earth.
85% of the Earth's population own nothing.
Source: Kevin Cahill, "Who Owns the World: The Hidden Facts Behind Landownership"
hplaserjet2001 1 year ago
In 2009, the Federal Reserve engineered 20+ trillion dollar bailouts equaling 40% of the private wealth created in the US since 1776.
The deficit during October and November 2009 totaled $297 billion or $4.9 billion per day.
The Office of Management and Budget reports that the US government will experience deficits of tens of trillions of dollars for the next 70 years and the US will not have one year with a surplus for the next 70 years.
hplaserjet2001 1 year ago
This is so sad.
According to a recent Federal Reserve report, the private net worth in the United States (US) is $53.4 trillion. The debt and unfunded liabilities are $120 trillion or $389,610 for every man, woman and child. Dozens of US states are bankrupt.
In 2010, the US federal deficit is expected to be $1.6 trillion.
The US government is overspending by approximately $4.38 billion per day.
Since 1913, the Federal Reserve has devalued the US dollar by 98+%.
hplaserjet2001 1 year ago
Bush's irresponsibility and extreme tax cuts to the wealthy combined with "trickle-down" Reaganomics is the culprit. This collapse was set in motion decades ago and nobody payed attention because we were all too busy trying to get rich
Goldman-Sachs recently had the 3rd most profitable quarter in their history while the working man struggles. Big business, Wallstreet and financial industry predators are all doing just fine. Money doesn't disappear; most Americans don't understand the free market
SoCalAries 1 year ago
@SoCalAries
The money didn't disappear. China, Japan, and the Saudis have much of it. Wall Street got their cut via credit defaults (thanks Larry Summers currently in the Obama admin.) and bailouts. You seem to ignore Mr. Obama. He didn't cause it, but fellow dems (Frank, Dodd) exacerbated the problem and his record-setting deficits make it much worse. If we truly had a free market the banks would have failed. Good. Let someone responsible take their business. No more bailouts for anyone.
informedskeptic 1 year ago
@informedskeptic
And how did they get that money? Big business siphoned off that money and sent it overseas. Money is leaving our country through these leaks that are big business. Regulation is the only viable option to curb these abuses.
This bailout however was the world's biggest transfer of wealth to the already wealthy in human history. This does not mean a responsible, necessary bailout is impossible.
Btw, the free market I was referring to does not exist. Capitalism does not exist
SoCalAries 1 year ago
@SoCalAries
Much of the money loss has come from T-bill sales necessary to finance our debt to foreigners. Additionally our huge trade deficit only adds to the problem. Regulation is the problem. We've driven away our manufacturing base. Another bailout will only postpone the problem. We're already running a $1.5 trillion annual deficit now.
I agree with you that true capitalism does exist here anymore. It's very sad. We've become spoiled with an unfounded sense of entitlement.
informedskeptic 1 year ago
@informedskeptic
Lack of regulation in corporations has allowed them to build factories overseas where the cost of production is cheaper. This siphons money out of America, takes potential jobs overseas, and floods our market at home with cheap goods that in turn puts manufacturing at home out of business.
Capitalism, like communism, has never existed. They are unachievable, whether due to human nature or otherwise. True capitalism would destroy whatever country it manifested in.
SoCalAries 1 year ago
@informedskeptic
With all due respect, according to the logic applied to regulation...
The difference between the countries manufacturing is being shipped to and ours - minimum wages, unions, tax, working conditions, etc.
I doubt you could convince working Americans to do away with those to attract manufacturing.
SoCalAries 1 year ago
The cause of this is not the consumer, the consumer is the intentional byproduct of predatory corporations and banks. This was more of a doomsday video than anything constructive. It was also very Republican. Ron Paul said it was because there was too much regulation, but the entire manipulation of the system by these predators was allowed because there was little to no regulation to speak of. It was businessmen doing what they do best, make a profit. The money didn't disappear, they have it.
SoCalAries 1 year ago
I love your choise of music, .....by the way, awaken to your divine within, open your third eye.....reality is not what it seems. Lifting the veil of reality......dawn is only just rising, age of enlightenment. There is a greater intelligence at work here, we need to grow up.....higher state of Consciousness. Human mindless doing transforms into Human Being......
outoftheboxinsight 1 year ago
This will ALL END when the taxes collected won't even pay the interest required to finance the Federal Government's debt. The day will come when printing trillions of phony dollars is the ONLY option available. Short of MASSIVE SPENDING CUTS, that day is coming very soon. Bush was terrible and Obama is worse. We desperately NEED a REAL CONSERVATIVE political party.
SCLARK2112 2 years ago
This video missed the most important factor ....the source of the system. What caused it. THE CONSUMER.
An addicted, insatiable consumer drove the system and made it possible.
Now, all of a sudden, when the "crack cocaine" lifestyle comes crashing down, it's time to "fight"? As if the public is a "victim"?
How about some responsibility....this fear mongering vibe where the addict has become a "victim" is just more of the same. Compulsion...to fear....to blame...to attack. Poor.
JFM135 2 years ago
@JFM135 I'm going to have to agree with you on this one... but i didn't miss it... i didn't include it... this is a starter video for newbies on the economic situation.
It is not supposed to instill fear so much as it is supposed to instill awareness... I have done no fear mongering, only truth mongering...
and this crisis is the responsbility of everyone... that's why everyone should watch it!
smkuhner 2 years ago 4
@smkuhner Totally disagree...watch Century of the self by Adam Curtis (wiki), we're desired based happiness machines, the advertising industry and the corporations are creating the US Consumer...it is by design...
TheFallof2010 1 year ago
@JFM135 Consumer is not the ultimate source. Where are these addicted, insatiable consumers from? They are from the the American Education system. Why does this education system produce this type of persons? The whole society and education system are corrupted. They only produce selfish, aggorant, stupid American Joes while the upper 1% can keep sucking their blood. This country needs a revolution.
kafen00 1 year ago
@JFM135 That is only PART of the problem. That only pertains to defaults on credit cards and mortgages.
The unfunded liabilities is the fault of the government that keeps promising these "goodies" on systems built on ponzi schemes...
Not to mention that the whole thing is contrived...
radiospirit 1 year ago
@JFM135 You're crazy. You can't blame the masses when a small percentage of the peopel actually own the majority of the wealth and tell us what to buy and to buy more of it NOW. Pls search for and watch 'Century of the Self' We are told to behave how we do, not that I am saying it is right, but it is hard to break out of the ideology.
movax12 1 year ago
@JFM135 The *basis* of the system is money and banking. The banks control the amount of money, the interest, credit ratings, every aspect of the system. Whether you have a job, a home, or a car, are all determined by the banks. The *entire* economic system is complex, but it is controlled only a few factors, and the Fed has absolute control of those factors.
We live in a system controlled absolutely by the most insatiably greedy humans of all time. i.e., the Federal Reserve Board.
JavaClick 1 year ago
@JFM135 The Fed/government caused all this by giving away free money to everyone and encouraging them to spend and incur so much debt that they can't pay it. Free money will do that.
cuse88 1 year ago
@JFM135 But the consumer was manipulated.
pepintheshort100 1 year ago
This has been flagged as spam show
@JFM135 The consumer was manipulated.
pepintheshort100 1 year ago
@JFM135 the comsumer would not be able to do that if the fed wasn't pooring the juice...
jeffsst 11 months ago
@JFM135 you are a fool. the consumer has very little to do with this. it is gov. and the elite that have crashed everything.
RICKEYMouseParody 7 months ago
@JFM135 You're so wrong about the cause. The consumer of which you speak was created by a corporate elite that engineered an acculturation system, an information system and a supply chain, consumer credit and distribution system to fit their margin targets. Mentalities are conditioned; they are not innate. You are short-sighted and it is these types of mentalities that have given our adversaries their chief advantage over us.
musicalidea 6 months ago
This is pretty sad. This is to show humans that we don't know anything at all. A piece of paper (money) defeating humans. Not even with "all this innovating technology" could prevent this economic mess. Unfortunately, USA is one to blame. Marketing unnecessary wants we don't need on ruling cable channels like MTV and VH1? Teens maxing their credit cards because they want to be like their "role models." Great videos smkuhner!
thebabemagnet 2 years ago
great video thanks. what is the music in the beginning? lol. Seriously I want the music.
feverpitch82 2 years ago
@feverpitch82 the first song from both videos is "kaleidescope of mathematics" from a beautiful mind
smkuhner 2 years ago
@smkuhner thanks very much and again great post
feverpitch82 2 years ago
maybe it doesnt end somewhere....maybe the debt just keeps going up and up and up and it doesnt end somewhere like its been doing....did you ever think about that ?? they have kept the charade going for this long so there is no reason that they cannot continue to do so !!
PREPAREORSUFFER 2 years ago
The music is really a distraction on this video, which I would've rated as excellent except for the music.
Take it out.
advtvl 2 years ago
Wow. I can tell you really put a lot of effort into making this video. And it shows. Great job.
DeathNeedsTime 2 years ago 6
@DeathNeedsTime thank you very much I appreciate it!
smkuhner 2 years ago
Be scared be very scared. No matter where you live in the world
hawaiinguy12 2 years ago
I Subscribed... shows so much about America, huh!
Jetplane1123 2 years ago
@ sbmaniac123: to most comments...
Finally! Someone knows how I feel, but so do many other agree! This is so ridulous!! It makes me laugh to the stupidity and even hurt to the fact how sad this is!
@ everyone: This isn't just about money issues either. It's all the hidden things that the government hides.
Ever watch Resident Evil movies or play the video games? The Umbrella coorp.? How they makes things appear good but they're primaray evil? Ditto to our world! >:(
candyxxx2006 2 years ago
Awesome keep them coming we need to wake the sleeping!!! :•)
Yvette5150 2 years ago
give me a break....they have been saying the same crap year after year but the economy never collapses and gold never reaches those levels and the dollar continues to go up and down !!
PREPAREORSUFFER 2 years ago
@PREPAREORSUFFER the dollar is going to continue to go up and down, but its long term trend is down. These guys are repeating the same thing over and over, but they're not saying its going to happen today. They try to explain (marc faber for examples says 5-10 years) that in the future we will have a lot of inflation, possibly a dollar death as the unfunded liabilities add on to our official debt burdens, the rest of the world stops borrowing to us... and we start printing frantically
smkuhner 2 years ago
Whether or not the economy drops or rises back and forth, it becomes more and more dramatic until it's going to be too late one day.
Ever play Monopoly? There can only be 1 winner. All the rest goes bankrupt. This is an example of how the world will be one day (how Monopoly originated was based on debts, the economy, and such).
Only 1-3% of the world wil be financially secure while the rest is poor and financially rotten when it reaches its worst. :l
candyxxx2006 2 years ago
This video sucked. It pointed out the obvious, and pretended it knew the solution. Will you fight? Fight what? Obama? that's stupid: de-regulation is what got us here in the first place, and then inconsistency with bailing out shat head banks furthered this. Honestly, credit is the root of all these problems. Little government is absolutely NOT a solution to all of this. Nor is all the spending. Point is there is no obvious solution to all of the things as they are.
bluenytefalls 2 years ago
My manners were poor. I apologize. I just think there were a few things that urked me about the vid. But overall it was good.
bluenytefalls 2 years ago
@bluenytefalls thank you.. you're more than entitled to a position, and i welcome oposition... if you'd like to debate or discuss the issues or my positions I'd be more than willing to take a private message
smkuhner 2 years ago
@bluenytefalls... this video was not meant to inform you of things that you already understand... its more of a reminder to the people who do understand and a question to those who have never looked into it. We do have solutions... and ideas... you can't put them all in one video
My position is that the single biggest cause of this massacre we're facing is the FED. In this case if we get rid of the FED and let the free market regulate the banks (i.e. let them go bankrupt) we'd be better off
smkuhner 2 years ago
Like in 1933 THE GOV. COMES AND TAKES YOUR GOLD AND SILVER. It was done in 1933 it will be done March 2011. I Promise.
TheStealthCamper 2 years ago
You promise... Can you predict the future?
ozwasp 2 years ago
great video thanks for posting this! marc faber is da man
epbeav 2 years ago
great vid...just lower the dramatic music it doesn't make the truth any truer it just makes it hard to hear what the people speaking are saying.
flowmaster2005 2 years ago
Finally someone said it!
Gold does not change in value!!!!
It takes more worthless federal reserve notes to buy the same amount of gold.
bearhamo 2 years ago 11
Keep in mind that the House of Rothschild controls the price of gold, just like they determine the value of each nation's currency. It's almost a lose-lose situation. The only things of value in the future will be food, and energy.
joe80dman 2 years ago
I somehow disagree, i believe the demand for Gold will suddenly break through and people will dump the dollar- this will send gold spiralling.
ijustretired 2 years ago
sbmaniac123 is a disinfo agent trying to spread lies and confuse people and start stupid arguments to distract from the real issues, just like how the USA will go to war to distract people from the real issues.
sbmaniac123 must work for Obama getting paid to post, it's not working, that's why Obama wants to create a new internet and ban free speech. We are moving into dark times!
superherbsmoker 2 years ago
I knew i couldn't be the only one to think sbmaniac 123 was an idiot... thank you very much for your great insights!
smkuhner 2 years ago
@smkuhner im a idiot...and sbmaniac is an asshole..id prefer you not confuse the two!...hahaha
centervilletn 2 years ago
Grreat video. Thank you 5 stars
clarosse 2 years ago
The silence of the American peoples in the face of such outright theft is staggering.If any encumbent is returned in the next election and the president goes un-impeached,then the signal to the the elite is carry on.
justjacqueline2004 2 years ago
Marc Faber at 4:30 "Governments have to inflate and they cover it up by going to war". That's why they are trying to start a war with Iran. To cover up their plunder.
Michaelwiseguy 2 years ago
This crash is going to be like the Titanic sinking. So unexpected started to sink, and by very dramatic means. Right now we're only seeing the ice but we don't know what shards are under the water that will pierce us open. And just how poorly preventative the design is. Gulp gulp gulp.
doomalicious 2 years ago
Kiss your social security goodby I will never see it
NovusChaoMundi 2 years ago
Nice compilation, but why are your audio levels all over the place? You need to fix this and repost it.
YeshuasZoe 2 years ago
Let it crash and crash HARD!!!!!!!!!!
brianandlois 2 years ago 8
Hey, this is great. On the topic of your video a few days ago, this is a very good "wake up" video to send around to people. It's short enough, yet broad in scope that most will at least have their curiosity peaked. I send it over to my facebook.
imsailing2 2 years ago
Very nice work. Awsome. A little scary but realistic. I cant wait for the next crisis to happen.
P.S Goldman Sachs needs to shut down fast.
PrivateLessonsXXX 2 years ago 2
Really really great job Shawn. Keep trying to wake those people up!
brizl05 2 years ago
6 *****
dreadz808 2 years ago
Once again great job!
jocknomore 2 years ago
The thesis for hyper inflation is that 1) politicians will continue to inflate pay for existing costs and unfunded liabilities because it is the politically popular thing to do 2) The U.S. has no to little production, and the value of the dollar is supported by production largely outside of the United States. 3) The U.S. dollar is saturated globally (the ability for the dollar market to expand is gone) so the ability to absorb inflation is gone.
Wcoltd 2 years ago
The creator of this video is what scares the hell out of me about the American public. They've used good information to draw completely the wrong decisions. And Ron Paul saying that the cause of the crisis is that we didn't trust free market ideals.... are you fucking kidding me??? The repeal of glass steagal, ignoring the incredible risk taking in huge investment banks, betting of the bank because the american people will have to save us. Un-fucking-real that we've forgotten that.
sbmaniac123 2 years ago
@sbmaniac123 Yes we do not have free markets... you obviously didn't pay attention, you would understand that all the risk would have been destroyed by now had we let the big investment banks "who made risky decision" fail... all of their worthless assets would have been liquidated and the debt wouldn't have been transfered to the u.s. public. We don't have a free market because we have a central bank, and yes there needs to be regulation in the right places keep your potty mouth to yourself
smkuhner 2 years ago
@smkuhner instead we saved the banks... this is what screwed us in the end because its adding to the debt levels of the u.s. federal government... which will lead us to print more money (since we can't pay off the debt) which will unleash inflation after the deflationary pressures of the recession fade away
smkuhner 2 years ago
Even worse idea. So you are saying let all of the banks fail so we can keep to our free market society???? If Ron Paul was factually correct, he would know that those were the actual actions taken by the central bank after the great depression. And what are you talking about "all the risk would have been destroyed". The entire financial system would have been destroyed including payment systems, money markets, commercial paper, etc.
sbmaniac123 2 years ago
@sbmaniac123 LISTEN! All of the banks that made RISKY INVESTMENTS would fail... leaving the financially sound banks to buy up their assets for pennies on the dollar (what they were really worth)
we can't keep a free market society that we don't have... this wouldn't have happend without the federal reserve lowering interest rates to artificially low levels after 9/11.
No the entire financial system wouldn't be destroyed it would just have changed ownership. You don't understand a lot.
smkuhner 2 years ago
You're an idiot. Goldman Sachs is an example of a bank that correctly anticipated the mortgage crisis. They would not have existed (post crisis) if the federal reserve didn't step in to support the financial system. By rescuing AIG, Goldman Sachs was bailed out because it was made whole on the swaps it purchased from AIG. The spread of risk was system wide. GW Bush deregulated the entire system. That "free market" just collapsed. Republicans are just trying to shift the blame.
sbmaniac123 2 years ago
@sbmaniac123 Oh i got you now... i didn't realize you were playing the "my party is better than yours game" i'm not a republican they suck... goldman sachs doesn't produce anything in our economy, they are an investment bank that sux wealth out from the people... and they wouldve failed YES and we should have let them... we don't need them around... and their assets would have been sold to someone smarter...
smkuhner 2 years ago
@sbmaniac123 i'm not even sure i can take you seriously... it sounds like your joking... that's how ridiculous your points are... i've never heard anyone stick up for goldman sachs before its possibly the most un-defensible position you could possibly take... they made stupid decisions buying swaps from AIG... when AIG failed they both should have died... it'd be like america clealing this shit off the bottom of its shoes
smkuhner 2 years ago
I don't give a shit about whose political party is better, and I definitely am not defending Goldman Sachs. I'm saying that your theory that no government should exist and all the markets should be 100% "free" is insane. Likewise, Ron Paul drawing the political conclusion in this video that this crisis was caused by Obama and we should have let the financial system collapse is also insane.
sbmaniac123 2 years ago
How are you missing that deregulation of the financial market caused this crisis? Your "free market" theory is responsible.
sbmaniac123 2 years ago
@sbmaniac123 i'm not saying that... we should have regulations i agree with you... that's not against free markets to regulate what is immoral... we didn't have free markets... deregulation does not = free markets my friend you have to realize that... bush was not a free marketeer he was a corporateer... corporitism is different than capitalism... sadly we have been acting under the former for many many years now and is what has caused this mess due to corruption
smkuhner 2 years ago
@smkuhner most of the derivative instruments should have never been created... its turned what is supposed to be an investment tool (the stock market) into a gambling circle. i'm saying that deregulation is not the primary cause, its the federal reserve... u.s. government's support of corporitism, and lack of production in this country, and consumerism beyond our means
smkuhner 2 years ago
@sbmaniac123 i never oncce said we should have no government... we have the largest government that has ever existed... and its leading us to demise... those companies got "too big to fail" because the corrupt government gave them benefits unavailable to others including special rates on overnight loans from the fed... i'm not saying no government... i'm saying less and definately more local... stop speaking in absolutes it destroys your arguments
smkuhner 2 years ago
sbmaniac123 you are a moron. you make no sense. if you knew anything, you'd know that goldman sachs has zero credibility.
TheHblum 2 years ago
Right, I'm going to bat for Goldman Sachs. If you read above, you'd see that I'm saying to smkuhner, that his idea that all of the assets would be transferred to "wealthier banks" isn't true. He is full of half baked ideals.
sbmaniac123 2 years ago
@sbmaniac123 No i never said their assets would be transfered to "wealthier banks" goldman sachs is the WEALTHIEST bank! i'm saying they would have beens sold to smaller institutions that didn't make risky investments... you don't even explain your points which makes your ideas completely unbaked...
smkuhner 2 years ago
you are full of SHIT, Bill Clinton signed the bill to end Glass Steagall, the democrats forced the banks to lend to getto bumbs, and losers like you, Bush was no winner, and truely a failure, however, Clinton, Ruben, Summers set this up to fall long before Bush showed up, fags like Barney Frank said Fannie mae was just fine, when Repulicans wanted to slow it down, now it is on the brink of collapse.
zionisimkills 2 years ago
it is quite obvious you are on the government TIT, either by wellfare or government worker, same difference, you are part of the problem.
zionisimkills 2 years ago
Actually, I'm not on the government tit at all, nor did I buy a house at the height of the market like the rest of you lemmings did. I am an engineer and actually provide a real product for this country. I'm in the private market and make a good living. Never collected an unemployment check, pay those steep taxes every year, and have worked my ass off for decades. It's amazing to me, how far away from understanding the problem the people in this post are. The problem is both regulation &
sbmaniac123 2 years ago
the free market. By completely de-regulating the banks it allowed them securitize and sell loans without taking any position in them. If you didn't have to take any responsibility for the product your selling then the only thing that matters is transaction volume. Also, the deregulation promoted by Bush and Cheney, and the perspective "that deficits don't matter" allowed the credit agencies to hop in bed with the banks. The whole system was set up so no one had to take responsibility.
sbmaniac123 2 years ago 2
No one wants to take responsibility. The bankers, the regulators, or the dumbass borrowers who couldn't even cover the closing costs on their new million dollar home. You fucking idiots have no real solution, or for that matter understanding of the problem. Hence the reason, we are all fucked for the long term.
sbmaniac123 2 years ago 2
It's a combination of regulation, accountability, and market innovation that could get us out of this mess. The extremist views supported by the fucking morons in this post leave me without any optimism, however.
sbmaniac123 2 years ago 2
@sbmaniac123 that's the whole idea of the free market.. it forces the bankers to take responsibility, by going bankrupt a new buyer would have stepped in to buy up their assetts for what they're really worth... pennies on the dolllar, which would allow the new owners to make a profit, and save the rest of the economy
smkuhner 2 years ago
@sbmaniac123 hahaha no you don't seem to understand the problem clearly. Besides the fact that you're completely overlooking how the problem was started by the FED. Which most the people watching this are for abolishing... you're forgetting that most of the sub prime loans weren't created by the banks they were sold by mortgage brokers who were never regulated like banks in the first place. The free markets would have saved us because they would have punished the banks who made those risks
smkuhner 2 years ago
great vid! just the music too loud and too dramatic :) also I think we may see some deflation due to deleveraging and defaults on the debt - thats when they really go out and print
imigrantpunk 2 years ago
great video
PaulRevere2012 2 years ago
Hey smkuhner, Very well put together documentary, I couldn't have done it better! Very Nice Job!
mja2035 2 years ago
recovery?10 years ago,although the economy was bad,i knew no one that was losing their homes due to economic reasons.now (i lost my home)and i know at least 20 on the brink,probably 20 more that have lost everything.these r older people that havent much of a chance of ever having a sustainable income if they do get a job.i will work if i get the chance,at 50 im bracing myself for homelessness.millions more like me out there.
ducklamb1 2 years ago
please help spread and share this video!
smkuhner 2 years ago
Very well done.
Qualitatively 2 years ago
And now, the debt ceiling raised yet again.
shatteek 2 years ago 3
Sean, really smart work. Seriously. Keep it coming!!
doomalicious 2 years ago 4
Fanfaboulous
Zarinaofhope 2 years ago 3
Anyone buying into this America is on the way out, doesn't know who really runs the show. There is no way the the Central Banks are going to allow one of the G7 to go under. Greese..sure...America..hell no.
To remove the Central Banking system now, would collapse the entire global economy. There would be no means to have a war. There would be no monetary system at all.
Boomer1949 2 years ago
This is a great channel. I wonder how long before it is suspended?
joel1923 2 years ago 2
This video is fantastic. The truth: good bye, America.
joel1923 2 years ago 3
Great post!!
JOHNNYH8STHENWO 2 years ago
Excellent video bro. Gotta share with this with people.
zbisher77 2 years ago
Armageddon music. Very apropos.
LeifEiriksson 2 years ago
Nice Job keep it up
NovusChaoMundi 2 years ago
Bravo to you man!! Good work my friend...this could go viral man...I had someone send this to me. I was like, "My man smuckner!" lol... right on man...good work.
haggsbo 2 years ago
...and it will cut the value of the dollar in half. And that's what the Fed does best.
LeifEiriksson 2 years ago
Swarm'em
UU361 2 years ago
Well, things can turn around, or you better have a good radiation shield and lots of A-1 Steak Sauce.
starlitopensky1 2 years ago
great work shawn! Very well put together!
TheLiddlekiddle 2 years ago
Cashless society will take effect soon.....Now is the time to repent
neanam 2 years ago
*****X2
NibiruMagick2012 2 years ago 2
Nice video
lyndonb 2 years ago 2
we are no longer represented by the government we are tyranized by it...revolt is the only solution..very dark days indeed
centervilletn 2 years ago 3
great video man 5/5. Keep it up!
lorenavedon 2 years ago 2
Medicare, Medicaid, and Social Security are going to bankrupt this country.
FCmagic01 2 years ago 3
Thanks for Sharing! Our Countrys Debt is Odious!! Have You Googled Odious Debt! There is a Solution!
wvolson 2 years ago