6:18 - I like the bit where the billionaire says "it's always sad to see people losing their homes" while sitting on the varanda of his Malibu mansion with the sea lapping upon his own private beach in the background!
Nice touch!
You would never see that on a us news programme! Beautiful.
but notice when he said "people that exaggerated their income." those people that lost their homes were buffoons that had no business taking a mortgage they couldnt pay for in the first place. he made money off people that were responsible for causing the catastrophe in the first place.
Good report, but not good enough. Interesting how they always want to blame the market and all the players who take advantage of whatever conditions exist, but they NEVER talk about the SOURCE of these problems which is the fraudulent banking system. Trading derivatives is just a symptom of the disease.
Hey Barney Frank, what free market? The Fed is a monopoly that CREATES money from nothing. Will you break the money trust, Barney? Will you "regulate" the Fed crooks, Barney? Lying little pig.
Hey, Dave! Long time no talk. It turns out that the rest of the world is leveraged worse than the US. EU at 60-1 average whilst the US is 30-1! That is why the Dollar is gaining against most world currencies. The world is once again running to the Dollar for safety. You'll have to look elsewhere for someone to blame now.
Cossack is right on. But the last guy that went up against them was a former president of the United States, and he got his head literally blown off for it.
Google "Document 100.1.3.2.0 31 of 39" and click on 2nd link.
Do not blame the economy just on the Housing Crisis because that is only a small part of the problem. The true blame is out Federal Reserve which is really a private bank chartered by the U.S. government and it is illegal and un-Constitutional. The Federal Reserve must be disbanded and the leaders of the Federal Reserve Board put in prison. A new book exposes the crimes of the Federal Reserve and it is called "Web of Debt" and you can find it at WebofDebtDOTcom
Death to all of these greedy scum.
DevilFish222 2 years ago
Isn't Jeff Green a nice humble fellow?? ...Greedy tossers!
BigDeanoSyd 2 years ago
Entertaining to watch. Thanks for sharing.
MyFreeCredit 3 years ago
6:18 - I like the bit where the billionaire says "it's always sad to see people losing their homes" while sitting on the varanda of his Malibu mansion with the sea lapping upon his own private beach in the background!
Nice touch!
You would never see that on a us news programme! Beautiful.
flangelet 3 years ago 2
but notice when he said "people that exaggerated their income." those people that lost their homes were buffoons that had no business taking a mortgage they couldnt pay for in the first place. he made money off people that were responsible for causing the catastrophe in the first place.
TallBrooklynGuy 3 years ago
Good report, but not good enough. Interesting how they always want to blame the market and all the players who take advantage of whatever conditions exist, but they NEVER talk about the SOURCE of these problems which is the fraudulent banking system. Trading derivatives is just a symptom of the disease.
Hey Barney Frank, what free market? The Fed is a monopoly that CREATES money from nothing. Will you break the money trust, Barney? Will you "regulate" the Fed crooks, Barney? Lying little pig.
OgeronimonominoregO 3 years ago
even this telling video is not telling you the half of it.
America has defrauded the world knowingly.
passing along investment packages as AAA
which are suppose to be guaranteed .
but what they are not telling you is that it was all leveraged to the moon and back .
meaning there are more derivatives out there
than the entire combined assets of world.
As long as it was going good everything was good for years they sold this leveraged toxic paper. Now the world wants there payment USA !
dave777blaster 3 years ago
We don't have it to pay you back. Sorry. I guess you lost that bet. Anyway, let's get back to work. Can we print you some more IOU's?
insultant 3 years ago
those days are over that is why Americans will be left in the wind wearing rags
dave777blaster 3 years ago
Hey, Dave! Long time no talk. It turns out that the rest of the world is leveraged worse than the US. EU at 60-1 average whilst the US is 30-1! That is why the Dollar is gaining against most world currencies. The world is once again running to the Dollar for safety. You'll have to look elsewhere for someone to blame now.
insultant 3 years ago
hehe the world is a big place not all of it is leveraged out
for instance Canada is #1 in the world
when it comes to honest banking
I suspect China and Russia are not all that leveraged out either but not certain there
the bottom line is America owes trillions.
well I am not one to argue so I would say
its all in a ball of wax and rolling down hill
fast .
dave777blaster 3 years ago
@insultant: you might want to alter your statement?!
fearnoevilexceptbush 2 years ago
i can pay you with my credit card .
stonerj0e 3 years ago
Cossack is right on. But the last guy that went up against them was a former president of the United States, and he got his head literally blown off for it.
Google "Document 100.1.3.2.0 31 of 39" and click on 2nd link.
familybc146 3 years ago
Do not blame the economy just on the Housing Crisis because that is only a small part of the problem. The true blame is out Federal Reserve which is really a private bank chartered by the U.S. government and it is illegal and un-Constitutional. The Federal Reserve must be disbanded and the leaders of the Federal Reserve Board put in prison. A new book exposes the crimes of the Federal Reserve and it is called "Web of Debt" and you can find it at WebofDebtDOTcom
Cossack007 3 years ago