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  • Does anyone know where Canada stands on world debt? like who is Canada possible borrowing from or lending to?

  • Comment removed

  • The top 400 income earners paid 17% or roughly 1/2 of what they paid 10 years ago while there incomes went from $6B to $23B....so instead of everyone jumping on the austerity bandwagon let's raise taxes so that the top 400 are paying what they paid during the Clinton years.

  • Lookat2011

  • Watching this economy go down is like watching a junkie lie there with a needle in his arm and blood running into his palm. Then they go to the hospital via ambulance, cheat death, leave the hospital and go right to the dope house and jam in a bigger dose. Not that I've seen that, but its sick like that.

    All I can say is I'm glad I'm not a drunk idiot douchebag who doesn't care about what is going on, because when the shit hits the fan, unprepared people will be eating each other. Thats word.

  • My wife and I were looking to buy a new home back in 2000 and the salesman said "with the mortage deduction it is like letting the government make your payment for you". We left there in a hurry shaking our heads. We ended up building our home ourselves 'cash as you go'. We did miss out on that mortgage deduction though.

  • when they say "historic" they mean they never tried lying this blatantly before.

  • $44.03 on the goldmoney site just now.

  • @schizophrenic123 BOOYA BABY!!!!

  • The Mortgage deduction is a good thing if you can't pay off the mortgage, its a no brainer but I didnt buy the house because of the tax deduction.

  • All depends what happens in June. Japan could be cited to maintain the status quo, which is what I believe will happen.

  • Silver $44.00 almost here. Thank you University of Texas.....hookem horns!!!!!!

  • happy you avoided the shutdown of the bedroom :)

  • Doesn't Obama spend more on vacations than they just cut?! What a joke.

  • @javajunkie517 LOL! Wrong!!! GWB spent took 3x as many vacations - do the math!

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  • @MzProgressive Did Obama's $200 million a day tippi-toe trip to see the festival of lights in India count as an official vacation? Or was that just Obama enjoying the trappings of the job at the backs of us taxpayers he swore he would help? Who cares about Bush?! Obama was elected because "he was different". He's a joke.

  • @javajunkie517 George Bush & Co. TRIPLED the 200 year old National Debt in less than four years - THAT's why you SHOULD care! Instead you're whining about a business/pleasure trip amounting to "chump change" next to Dubyah's blood for oil war in Iraq?? Just why do you think Uncle Sam's credit score just dropped? Because there's NO WAY we can repay that obscene debt! NOT because Americans elected a black man who could actually form a sentence. (But - no doubt - I waste breath with you.)

  • @MzProgressive  Is there still a 1/20/09 bumper sticker on the back of your prius?

  • @javajunkie517 Is there a "W" sticker on the back of your pick-up? And a gun rack in the cab?

  • @MzProgressive Yes, and a 'dont blame me I voted for the American" bumper sticker as well.

  • @MzProgressive Have yourself a good laugh while you still can. The $^!t is about to hit the fan BIG-TIME! When it all goes to hell, I'm sure you'll be blaming Republicans for all your sorrows....even when your "home team" had the ball for so long, and could do very little with it. Don't get me wrong, I have no love for GWB either, but the current admin. is not doing us any favors at all! It's just more of the same crap, and it's PAST time to clean up the DC mess on BOTH sides. Wake up!!

  • @javajunkie517 And BTW, when was the last time you called Verizon or Microsoft? Who do you think answers their "help desk" phones? 

  • zfactsDOTcom/p/447DOTh tm l  Iraq war debt

  • Inflation dose not cause (but dose contribute to) high oil prices.

    Oil is a monopoly and is sold at any price 'they' desire.

  • When do they vote for the debt ceiling vote?

  • I'm glad you finally came out with the tax deduction BS Daniel! I've tried to beat that in folks' head for years and they will not hear it! Thanks Bro!

  • Good job. Keep up the good work

  • You put it in laymans terms and we appreciate it . 38 billion cut when they spend 300 billion more than last year, what a joke . I hope the dollar crashes cause I have prepared , then we can at least start over , get rid of the FED ,IRS and all the crooked politicians.

  • The extent that corn (maize) is used in food in staggering. Most people don't realize how much stuff it's in. Not to mention that cool ethanol stuff. As soon as I heard the news on corn futures I knew food inflation was getting ready for a big uptick. I say I 'knew'. It confirmed the good work of Daniel and the other folks who have the courage to care and the courage to speak up.

  • laughed so hard at this

  • Excellent analysis as always!

  • Alsoo, sizing down the size of products (ie: air-filled potato-chips, tuna down from 6 oz cans to 5 oz cans, etc)

  • How long can QE go on? Will they go into 4, 5, 6, 7? You'd think it would cause inflation. But I assume they'll try to tax the excess out, or through higher food and gas prices...who knows? I am no expert, but since our media sucks, we have to do our own research.

  • The military industrial complex is truly a metal and oil eating conspiracy draining the USA dry with little left for social programs as evidenced by the recent US budget.

    Too many lobbyist's!

    Eisenhower's last speech in office is well worth a listen and to note in retrospect, that 'they' are now running/ruining the country.

    The amount of money going to war industry and prosecuting multiple wars with troops scattered around the globe while looting their own treasuries is scandalous. Wake up USA!

  • Daniel,

    Do you think the ONE oz. silver bars are a good investment?

    Or should I stick with LARGER bars, i.e., 5 oz.?

    Any opinions are appreciated.

    Thanks.

  • @karenbcz22 Any and all, whatever you can get the best deal on in my opinion.

  • @karenbcz22 it is easier to barter with smaller denominations. so have some pre-1964 90% silver dimes, quarters, halfdollars, and dollars on hand to use for acquiring things you need. count the majority of your silver in OZ.

  • @CFHMoRiDiN I agree on this. If silver goes to $100+ oz or more (actually WHEN), smaller denominations will be much easier with which to trade. You may pay a premium spread now, but it will be much harder to barter with 10 or 50 oz bars

  • @karenbcz22 In general, there is a slightly smaller premium over spot for the larger bars than for the smaller bars.

  • One more thing look up here on the tube " a conversation with Henry m. Paulson Jr." this is from 4-11-2011. He's an idiot on stage in front of the Chinese.

  • Silver will soon explode. I believe the last cards have been played. Corn, wheat and other food com's have doubled in price which means Saudi's oil at 110 is still not enough to feed it's people at the rate of last year. Now throw Japan in there since we know that farming is dead and no one wants glowing pigs. All the investors are short on silver and soon will want physical delivery. Which doesn't exist. Glad I kept my cluncker.

  • Stupid SHOULD hurt........

    The problem is that people are uneducated thank to centrally planed schools.

  • Up in Canada we seem to survive without the mortgage interest payment.

    That scheme seems unfair to renters (I assume they can't deduct rent.)

  • @tfrenn: thanks. yeah, bought some pm's but it is indeed terrifying to watch it all imploding (but they still continue to try to kick the can down the road even though the day of reckoning is drawing near).

    -peace & wisdom to all.

  • hey: always tuning in to you. you make sense & back up your vids with facts/figures.

    however, there are others in the blogosphere who persistently predict a deflationary depression. Can we have both (DD plus hyperinflation to start off with)? Thanks!

  • @therocknrollcook Yes, we can have both. First a deflation and then inflation. Scary ! Buy silver and wait it out. 

  • ...the inflation rates you presented are related to the month one year ago... not the month before - right?

  • @Pauschke No that was one month increases. Shocking isn't it.

  • Wonerful idea. Inspired by your example, I've agreed with my wife to cut a $ trillion from our budget. Since I'm unemployed, I went for a trillion rather than a billion because we could use that extra "savings." Boy, are we well set up now. Het, maybe I could get employment now ... as a congressman.

  • Everyone has their own personal infaltion rate depending on what they buy ... and it is about 8 to 12% per annum if you eat and drive. The central banksters have become bold faced liars. Mr Bananke likes to look dumb in public but he and his private banking cartel are laughing all the way to the bank ;-) haha. And it aint funny.

  • Remember: "the powers that be" do NOT want it to be too obvious that their only game is to endlessly print money!!

    "The powers that be" will probably not go directly from QE2 into QE3. Instead, they will probably let a small-medium 'deflationary wave' occur before starting QE3. Stocks, commodities, and precious metals will probably be allowed to correct a bit so that CNBC and 'the sheeple' will stupidly beg for QE3. This little headfake will offer some great buying opportunities!!

  • was looking at my favorite yellow journalism site and saw this: "The yen, with the assistance of the Federal Reserve itself, will be laundered through the forex currency exchange and converted into U.S. dollars.

    This currency disguise aka ponzi scheme will then be jointly used by the Central Bank of Japan and the U.S. Federal Reserve to continue to roll over their toxic assets aka derivatives. The Fed doesn't need a QE3. The earthquake in Japan has turned Japan into a gigantic ATM card.

  • I'd be in favor of abolishing the IRS, keep all my wages and paying a consumption tax only. Slaves do not own their wages, so they can kiss my ass, because I am not a slave. As for deductions, they can deduct the image of my middle finger sticking up at them, from their minds.

  • Too late Stupid Goyim, it's all ours!

  • Jesus didn't kick over the Money Changers tables for nothing.

  • please do a video why Goldman Sachs really sold out of the Oil market which made oil dip by 4 dollars a barrel then rocket to 110. Pay attention to what the Saudi’s said last Sunday which I believe is why GS tried to manipulate the market this passed Money which didn't work. Important.

  • 18 buying ur first house lol

  • Pay your home off as fast as you possibly can. The mortgage tax deduction is a money making scam used against people who have terrible basic math skills. In fact, the whole income tax system is just one big terrible mess. What a complicated disaster it's become!

    Both parties suck and neither will lift a finger to fix this mess they've made. You better become self sufficient now,..... well.....if you care about having anything to eat.

  • What comes after a Trillion? We better figure it out so we can put it on Obumma's teleprompter.

  • @notpcone  LOL

  • 38 billion cut and the fucking Interest ALONE on the debt is 75 Billion a MONTH !!

  • didnt the national debt increase 90 billion or somthing in the time it took for them to determine a 38 billion cut

  • @Danster82 Probably........!

  • While I am at it-

    This year, the gov will borrow about $1.6 Trillion Dollars.

    If you go back to when we started recording time, and then spent $2 Million Dollars every single day until now (all 2011 years plus however many days have passed this year), you still would not have spent $1.6 Trillion Dollars!

    Cheers

    Tek

  • When talking about the debt, big numbers confuse people. Therefore, I like to divide everything by 1 billion. It makes the budget about $4000 with a $1600 deficit.

    The amount they just cut was $38.

    The proposed budget cuts of $62 was called "too extreme"

    The president's commission to cut debt last year spent 90 days cutting 10 cents

    Congress just spent a week fighting over cutting 30 cents to planned parenthood

    The $1600 deficit added $48 worth of interest that was not mentioned

  • @tekmnd Well said

  • Don't worry. The cost savings are awesome. The deficit can be repaid in a mere 21 years...... IF we stop all borrowing now, and have a balanced budget, and IF there is no interest on the already owed money, and if our paralyzed government can make a grown up decision... Bigs If's right... But we all have faith ...RIGHT?

  • How did it work out with selling the eagles and buying back at spot?

  • @TopDiCapo Put it on craigs list but no bites, maybe I posted it wrong. I decided just to keep the maples and eagles.

  • @visionvictory I see most bullion posts on Craigs in the "collectibles" section if that helps any.

    Also, the premium over spot on Ebay is really high, so you might try that as well (even if you sell in an auction instead of 'buy now' it bids up way over spot).

    Cheers

    Tek

  • My wife, kids and I voted to raise our debt ceiling to ten million dollars this year, now we just have to advise the credit card companies of our decision.

  • @prescottbill now THAT is funny....LOL!

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  • Question, would you invest in: corn or fertilizer?

  • Here's another analogy..

    It's a puppet show.. and we're the audience..

    What we see, is just an act..

  • my apple crashed also a week ago.and i had to take it in for a repair

  • I agree the mtg int deduction is a scam. But I would have a hard time voting in that one because I would be hesitant to give up deductions on a "promise" of lowering rates. They would take the deductions then a year or two later jack the rates too. All taxes go to the private bankers which makes us their slaves.

    My house will be paid off in 3 years so I'm not getting much of a deduction anyway but I know how they operate.

  • wrong time to cut, just when everyone has been looted.. are they cutting the military ? no.. middle class takes it again in the ass.. cuts = hitlarian genocide, vote for cuts without a viable economy to take up the slack = mass death of americans..this program is a carbon copy of pre ww2 germany..

  • unbelievable

  • Great!!!!!!!!!

  • I told my father in Ohio the neighbor had paid for his house quickly. My father said that was dumb, there was a tax break . . . his house was 19 K and my parents NEVER paid off their mortgage(s). I just had to pay my mother's rent in the States, she is penniless! (I broke off with her last year but she sent me a desperate letter.) Watching my parents screw up decade after decade was a lifesaver for me, but now I'm the money teat for all and get hated on for saying NO. sigh

  • looking at the White house budget...a more interesting problem than calling a decrease in increase a cut is projecting this year and next years revenue having a 400 billion increase...and they do it during a depression!...this is a clever tactic though because it disguised two more years of double digit increases in the national debt...on real estate, my favorite scam is when they try to get you to roll your property tax into your mortgage, that way, "you don't have to worry about paying it."...

  • You can deduct the cost of your computer and your internet bill from your YouTube business profits. :-P

  • 18 years old and buying a house and getting a loan for it .. ? yeah , right!!!!

  • @Romulan112 He did do it.

  • @Romulan112 It happened man, don't know what to tell you. Purchased the second one about 6 months later at 19 using the realtors commission as my down payment.

  • @Romulan112 i bought my first house at 19

  • LAugHinG aT beiNg HoMeLesS An maKing FuN Of ThE To BiG To Fail BanKeRs THaT ARe BanKinG oN mE

    To FaIL see on my channel...An this man is on his game an i am digging his rants.

  • Surprisingly excellent points!

  • Nothing was cut from the budget because...THERE IS STILL NO BUDGET! The cut was all smoke and mirrors. Most everyone was fooled, LOL!!! The Washington poiticians must laugh all the way to the saloons and whore houses at the stupidity of the voters.

  • @xmenrus I think it was only for one week, anyway. The military isn't even getting paid.

  • @xmenrus Actually they extended the budget for another 2 weeks. The first time the budget was raised was in 1942 for the WWII expenditures. Once the RATS in congress and the White House saw how easy it was, it's now become annual ritual. As you know last year the Dems who were in total power didn't even bother voting and they still hold power in the Senate and the WHITE HOUSE. We need to bring our troops home from the 130 countries that they tell us about and cancel IRS personal income tax.

  • Mortgage tax break, hit the nail on the head, some say the model is 30% lower values. say you have 230k nat. value w/ tax break. that means 175k nat. value wout/tax break. assuming same 5% interest rate. same mth payment you have same payment - pay off 230k over 30y, 175k over 15y. wout/tax break, you can pay off you home and have a free/clear asset say you purchase a 2nd rental property, at year 30y you have passive rental income plus a higher net worth 175x2 or 230x1. banks win w/ tax break

  • $100 in the next 2 years....

  • You look a little tired. Circles under the eyes- you're working hard.

  • @whiskerchild Very tired, planting trees, and building a forcefield around my house :)

  • @cj747747 I think there are ALOT of people who think write offs are FREE. DUMB.

  • How about you keep your fixed low interest mortgage,tax deduction and invest your cash in something else like silver.let inflation and the declining USD whittle your mortgage debt away.

  • You really think it will only be 3.8? It'll break 4 easily.

    Debt is debt, debt is BAD. There is no such thing as good debt!

  • Great video Dan!

    Keep up the awesome work man - its very much appreciated!

    Cheers

  • If the mortgage deduction is such a great thing, wouldn't you want a higher interest rate on your mortgage?? Just think of how much better your deduction would be. (My sarcasim is intentional.)

  • I cut the equivilent of about 500 Trillion Zimbabwe dollars from my monthly alcohol budget by ordering a domestic instead of an import beer with dinner one night, a couple of weeks ago.

  • The budget that never was. Nice one!

  • silver is a bubble that is ready to pop

  • @fasteddie847 Sorry for the stupid question but pop and go north or go south?

  • Great commentary, Daniel. Thanks.

  • The congressional fight was like two passengers arguing about the bar tab as the Titanic was sinking.

    The average American family is spending about 23% of the budget on food and energy.

    Oil and the dollar are opposites - when one rises the other falls.

    QE3 will happen, but they will give it a new name.

  • i'm happy i planted corn....among several other things WOOO

    i may live this coming winter

  • *** Hey guys selling 20 roll 2011 silver eagles! ****

    Message me to be directed to my store fronts!!!!

  • I think we should also abolish the social security tax as well. It's like we are being taxed twice for social security. Yep, food and groceries has gone up considerably, but then again so has the value of my silver and silver savings gone up. I just wish I could have my income paid to me in silver.

  • Dude, tax day is 4-18-11 this year.  Why do you call it a bedroom shutdown?

  • People are going to be hurt by this, real people. Why are you so happy about that?

  • @dishesdealer417 He's not happy about that. If he is happy about anything it is that he is prepared to deal with what is happening in the economy.

  • 43.01 $ per oz..

    was thinking 40 bucks by tax day

    some times it's good to be wrong

    polish them bars playar

  • Dan Stupidity is by choice. Love the videos. Just wanted to send a big thank you i bought gold and silver since i caught your first videos in 09. Got out of my 401k Can't thank you enough. When i am out your way i own you lunch.

  • @TheBadGuy1275 Lunch, just tell me when and where :) thanks for the comments, people like you keep me motivated.

  • I don't care about lower taxes because I won't pay the fucking thing anyway

  • Thanks for makin so many epic vids over the past few years. Ur stuff is always money...

  • VV, you're the man! I love your videos. Keep it up!

  • Income tax is UNCONSTITUTIONAL!! ABOLISH IT!!

  • @fury350z "Fundamentally, rights to entitlements of any kind, that must be paid for involuntarily by other people, are no more legitimate than the alleged property rights of slave owners in their slaves."

    George Reisman

  • @visionvictory It totally bugs me how Americans tend to be against "socialism" but they sure want food stamps, a soc sec pension, and so on. I took food stamps twice for one month each and hated to do it. I also qualified for Welfare once and said no. Everyone said I was crazy but I just don't believe in handouts as long as I am able bodied. Unfortunately, I have been near fully disabled for years and the US owes me a huge back benefit in disability I will never see.

  • @slobomotion I paid for my SS I would thank you for not calling it a hand out anymore, they should be in a cell next to Madoff for stealing it!

  • @gregalot200 When you say that you paid for the SS, I'm a little confused. Do you mean that your taxes have paid for the SS (aka the Nazi Secret Service aka the TSA - Transportation Security administration) or do you mean Social Security? In today's America, acronyms like 'SS' can be easily misinterpreted.

  • @gregalot200 I paid, too, from the age of 15 until the age of 37. I will never see any of THAT, that's for sure. I consider food stamps, welfare, WIC and stuff handouts. I felt ashamed to take food stamps the two times I did for one month each time, but it helped get me through a hard few weeks. I took any work I could find and was a servant and a prostitute more than once.  A third of the French who qualify for welfare don't take it, too proud. Different mentality.

  • @visionvictory That is correct!

  • @fury350z It actually is constitutional. It is so because the people who are subject to it are exercising a privilege as taxpayers. Most Americans however, are nontaxpayers. If you want to know more on the subject, look up Dave Champion, he even has a youtube channel.

  • @Elasaltaculos What privilege are you referring to? The original Tax Act written, was for taxes imposed on imported goods. The founding fathers tax reform excluded internal taxation, unless it was on products of luxury. Not on food, clothes, tools of any trade, property or income. And they also credited back 10%+/- back to the consumers of those imported goods because they have already been taxed once. The Fed created these new tax "laws" and NAFTA gave shelter to imported goods.

  • @fury350z The income tax is absolutely constitutional, because TAXPAYERS (note, it is NOT the same as US Citizens) are exercising a privilege conducting business in the US. A taxpayer is either a foreign national having a source of income in the US, a foreign corporation deriving profit from the US, a "payor" (withholding agent) or Americans with a foreign source of income. The trickery is in the narrow legal definition of the terms in the IRC.

  • @Elasaltaculos Thats correct. You didn't specify that initially. The point I was bringing to light was the income tax, that is unconstitutional. Even though the IRS plays this quasi-judicial role by "punishing" you for not paying, it is still unconstitutional. There is no law that states that we, as citizens, HAVE to pay any income tax, it is supposed to be voluntary. There are court cases to that fact.

  • And to clarify, we, as US citizens are exercising a right when we earn money in the US. "Taxpayers" and exercising a privilege by doing business in our country, or representing someone who does, like a withholding agent.

  • @Elasaltaculos Not sure what you're getting at here....????

  • @fury350z Ok, let me rephrase so that you understand. US citizens are not "Taxpayers" unless they are withholding agents (or "payors", as they are called by the IRS), or they have a revenue stream outside of the US. Foreigners who have income in the US are "taxpayers" because they are exercising a privilege when they do business here. Like I said before, if you want to understand this better, buy Dave Champion's book: "Income tax: shattering the myths". It is very comprehensive.

  • @Elasaltaculos I already understand this. I don't think you understood my earlier statement.

    Anyway, again, the subject was about INCOME TAX on US citizens working and living in the US, it is UNCONSTITUTIONAL.

  • @fury350z Yes, that is true, but you keep bringing it up as if that is how the law is written, when it is not. It doesn't say anywhere that US citizens are liable for Federal Income Tax, so why are you bothering with it?

  • @Elasaltaculos It was. You and I are saying the same thing (for the most part). It boggles my mind why you keep coming back and disagreeing with me. I never said US citizens are liable. And, the original Constitution was written specifically for the people. It has since been amended by this criminal organization called the Fed. But only to a degree. Even the IRS tax code says only foreign income shall be taxed.

  • @Elasaltaculos The income tax IS, unconsitituonal.

  • @Elasaltaculos "...a national revenue must be obtained; but the system must be

    such a one, that, while it secures the object of revenue it shall not be

    oppressive to our constituents." ~James Madison

    The Act went on to imposed taxes, not on Congress' constituents, but on specific "goods, wares, and merchandise, imported into the United States", and not one dime was raised under the Act by internal taxation!

  • @Elasaltaculos Most people actually commit fraud when they file taxes, because they assert that they are "taxpayers" when they are not. The government doesn't prosecute this, because, well, it would be bad business for them. And we all know how honest the government is, right? Trust me, dude, I am on your side on this.

  • @fury350z AGREED !!!!

  • @fury350z If you think the income tax is unconsitituonal then why are you paying it? Irwin Schiff also says it's unconsitutional and he never paid it, but he's in prison now 

  • @rudemood2011 I don't "think" it's unconsitituonal, IT IS unconsitituonal. The Fed is unconsitituonal. Do you know the constitution? Do you know the history of the fed?

    Its irrelevant, wether I pay into or not.

    "...a national revenue must be obtained; but the system must be

    such a one, that, while it secures the object of revenue it shall not be

    oppressive to our constituents." ~James Madison

  • @rudemood2011 The Act went on to imposed taxes, not on Congress' constituents, but on specific "goods, wares, and merchandise, imported into the United States", and not one dime was raised under the Act by internal taxation! Well, we can thank NAFTA (and the crooks involved) for destroying this Act and creating this gigantic burden on our backs to pay for their agenda. Corporations and banks benefit from our taxes....not us. This is NOT an opinion, this is a FACT! Please study your history

  • Income tax is a form of slavery....ABOLISH IT!!

  • Just Tell your wife to get the printing press out and print a billion dollars like the fed does, lol Your Bedroom Problems solved, LOL

  • I'd like to get rid of all deductions also. They cause prices to go up and penalize savers.

  • Check your graphics card on the Mac.

  • we need to abolish the income tax and all 80,000 pages of tax code and go to a 12% flat vat that can't be raised without a 2/3's majority vote and include a balanced budget amendment. No tax on food or energy and states can add their own % to the national vat. You keep what you earn. No more IRS, no more Tax day, no more loopholes, so whether you want to spend $250,000 on a Ferrari or $25,000 on a Ford or $5,000 on a Tata you pay 12% vat, this will incourage savings

  • @troybr79 I agree. Its better to tax consumption and reward savers.

  • @troybr79 Well said. The only thing I would like to add is that I feel the more luxurious the item the higher rate of sales tax. The Ferrari should be a little more taxed. The rich will buy it anyways.

  • @Mr7laws We have this system in France and I really like it. 

  • @slobomotion Maybe I should move to France! Sounds nice. I plan on visiting France sometime in the next year. My wife wants to shop in Paris!

  • @Mr7laws She can do her shopping in Saint-Denis, just North of Paris, and save about half. I have lotsa vids up on my 2 channels, and on Dailymotion, the French YouTube, my vids are under "LisaFalour." Same stuff, just cheaper. The smart tourists come here. Then, if you see something you really like in Paris, you can say, "I can get that for way cheaper in Saint-Denis" and they'll usually cut the price for you -- they know it's true. Like buying in Mestre instead of Venice, Italy.

  • The problem is that, if they take the deduction in exchange for lower income taxes, that the day will come when they WILL raise income tax and the lowly homeowner will be even more pressed. I have to disagree, what people do with the deduction is their business. Freedom is the freedom to be stupid and irrational, too. Nannies not wanted.

  • The problem is with getting rid of mort ded tx is we dont know what we'll get in return with this govt they might just take that and not give any subsantial other cuts if we could do all that you were saying maybe ok but do you actually think they will?And those of us who saw this coming and prepared will be paying in cheap dollars 20 some odd yrs out on our mortgages and if we pay now dont you think dollars will be worth-less in the future than now?so b ez on the mort guys

  • Just caught this. Great as always! Need to catchup some time.

  • Daniel I can't thank you enough.

  • nearly "shutting the bedroom"

    LOL. First time I heard a sexual connotation on your vids. serisouly.

  • hey man my close freind said that her dad that owns a small farm could not gt the yearly permit to plant corn and other becouse he was a (white male) so he had to put it in his wifes name to get the permit ... i belive this is true (florida) wow what a story is this true i wonder

  • QE3 till' infinity! Keep stacking!

  • Remember, federal income tax is voluntary

  • @nottinmatterz2day and so is your imprisonment

  • @BendoverBernanke I know :)

  • great video. thanks for all you do.

  • @cj747747 LOL thx for sharing the blank stare :)