Run On The Banks pt2

[STOPPUCKNOW]

im flying my ufo to the bank

[JimboJammer1]

Good Video don't  appologize....You are right on. buy gold buy silver....

[fourmyeyes]

Also, consider we could likewise lose faith in China. We helped them grow to where they are at this point. In addition, without our market, their mfg. base is destroyed, ESPECIALLY IF THEY DESTROYED OUR ECONOMY INSTANTLY. No nation would be safe and that would mean global collapse. Then China would have NO ONE to trade with. Also, if we had to print more money to replace the lost money, dollar goes down making Chinese imports more expensive. I would challenge congressman to explain further.

[Boomer1949]

I watched the hearing yesterday where the Banks were being grilled and even there, they could not explain or give an answer as to what prompted Paulson and Bernakie to come to them and tell them they needed to take the bailout money. Did you know they didn't think they needed it and didn't want it. Also that this alert happened in Aug of 2007. Way before the real run. So, my theories are changing.

[fourmyeyes]

Although a run on money market funds by China is plausible, to blame the GOP for blaming toxic mortgages for our overall crisis is shallow. 1) Run could be due to a terror organization hacking into the system. Money injection prevented an all out money panic. Remember, we can target other nations as well and if we go down, China's vast treasury holdings would collapse instantly. We could also target them militarily. Destroying our economy would be WAR! Hedge funds are also a possibility.

[dbcooper4437]

02/09/09 the market will crash

[Tytandra007]

I'm an independent too...Actually voted for Ron Paul for the principal point of the matter. Thanks for accepting the friends invite. I still do not feel that this stimulus package will help in the long run considering whats going on in other countries. This is something I will be researching more and kind of a wait and see. imo, China has lost faith in the american dollar, thus the bank run in sept 2008? so many questions here. I'm very skeptical of the stim pkg.

[Boomer1949]

At Devos in Switzerland, both China and Russia came out and blamed the world crisis on the US. China called, as did Russia for a new reserve currency, away from the dollar.

[Tytandra007]

The way I feel, is that we should be more outraged at what took place with the first portion of the bailout money..."bait and switch" And still, Banks are not lending.

It really makes my blood boil on those that took bailout monies and lined their owned pockets, went on extravegant holiday vacations, huge bonuses. H.O.R. is coming up for their annual pay increase, I think congress should vote it down...save us 2.5mil. Why don't they take a pay decrease? frustrated!

[TheRodeoClown123]

Boomer... you are discerning but don't take my word... you will have to decide.

[BaltimoreSandra]

Hello again:

I went to the CSpan link you provided and am unable to find any video. Any suggestions? Am I doing something wrong?

[Boomer1949]

Once your on the page, click on the Flash Video Big Red Dot. If you don't have Flash, I think it ask if you want to download it.

[BaltimoreSandra]

Thanks Boomer: , missed the big red button that said "Watch" - don't I feel foolish :)

[BaltimoreSandra]

Boomer: Thanks for putting the truth out there for us to see. I watched the CSpan vid and agree completely with your opinions. I now finally understand what's happening!

Keep up the good work informing the uninformed.

[Thunderwavia]

Hey Boomer, been watching your stuff for a bit, great info, you will help many, thanks! The Ronjarski stuff is important. I think your work shines some light on that mostly jew hating West hating NWO crap, the Leftist Socialist Liberal drones love so much now.

[sc1100]

Thanks Boomer1949, I figured it out:)

[WhoRonPaul]

am i to understand that you would like to see the monetary system succeed?

[Boomer1949]

What I'm saying is that until another system, such as going back to the gold standard, or as Ron Paul has talked about doing, creating a competitive currency, such as the old green back, we have to continue to try and do what we can to obtain a soft landing.

[WhoRonPaul]

i agree there and the run on the banks should be on mainstream media and the talk of the town- imo

thanks for the informative videos!

[Boomer1949]

Yes, I agree we shouldn't have to hunt and peck through every little bit of information out there, not reported on MSM, to find this information for ourselves. But yea, it keeps me busy while I wait for a call back on any one of the applications I have out there for a job.

[sc1100]

I couldn't view the video when I clicked on the link?

[Boomer1949]

once your taken to the page clikc on the flash video read circle. You have to have flash video to watch it. I think it will come up asking if you want to load flash or not.