Alan Grayson on Large Financial Institutions: Who will say 'enough is enough'?

[TracyM1974]

One year later and nothing has changed.

[independent684]

Ever wonder if these people only new how close this nation is to treating them like baby alaskan seals. You think they would still wanna make wise cracks

[eforce1200]

The third guy says, that is not his level of expertise. I should use that one whenever I don't know the answer to a question. Cop out!

[m3taLB1Rd]

"A mosaic of risk"

amazing answers from the most incompetent.

I am very willing to say enough is enough as a citizen of the united states.

These videos are bothering me to a point that I really do not trust these people as handling my money anymore.

It would be nice if they labeled every one of these gentleman and had a banner underneath of what bank they represent, so they can be promptly fired.

[ronhanish]

fed res has always been fraud, its just being exposed

[cmfluteguy]

No private bank should be allowed to risk our collective capital. It should only allowed to be risked by those who actually create value here in America, for example innovators and manufacturers. Now that the banks are not loaning to innovators, we need public banks who loan with no interest to our innovators.

[m3taLB1Rd]

Well, Im not one to say who will loan someone money based on the ridiculous formula they have, but I will say that our country has been running off steam of old crap technology for long enough. I guess if it aint broke dont fix it. But, something is definately broke here, and it seems noone wants to step up and take control of our country.

Seems they all want to play stupid while the dollars are hot, and juicy, and then scandal thier billions right back to where it came from...... US.

[ssttee333]

nice comment---something is definitely broke now!!!

[MarcusCMarcellus]

What incredible arrogance and double-talk. LTCM should have been allowed to fail; that would have given against over-leveraging. Instead, Greenspan bailed them out, bailed out everyone, and privatized the reward and socialized the risk. Fact is currency crisis ARE foreseeable: they have been occurring for 1000 years. The Rubble crisis was missed by LTCM because they were so damn arrogant and over-invested in their abstract, untested model based on the Black-Shoals formula to price options.

[plusaf]

Alan Grayson.... turn the telescope around... look through the other end... the "right answer" just might BE to NOT do anything!!!

an example is LTCM... they went bankrupt and how long did it take for the overall market to "recover" from their "disaster"?

the right question is: Do we NEED a SYSTEM to bar an institution, and that's why there's no good answer to your repeated questioning.

your assumption that "something must be done" may not be valit at all, but it's not being examined!

[Danster82]

"I would short them"

thats exactly what he would do and thats all they all do buy and sell leech fucks.

[high5flyer]

Our present financial system is like a game of musical chairs. Everyone is a winner until the music stops!

[rcmtgs]

Yes, the question is not how much is too high, maybe for the fed regulated banks, but for anyone else...it's STOP BAILING THEM OUT! Oh it that goes for fed reg banks, too!

[DenvrDave]

Thank you very much for posting this and other vids. Please continue to post videos in the future.

[PerrrfictKats]

Ben Bernake and Alan Greenspan are BOTH BuilderBurge Members serving for the past 4 Presidencys, and THEY are manipulating the globel economy artifisually to take legit money out of 401ks. It is rumored they will build up the enconomy, and then deflate it and take the remaining monies out of 401 and savings, that you havent yet lost. Remember what Thomas Jefferson said....

[PerrrfictKats]

In 1989 and 1990, pat Robertson wrote two book, "The New Millennium" and" The New World Order" which wrote abut all this which has come about.

[PerrrfictKats]

These Benedict Arnolds in goverment as members of the BBG are guilty of sedition and treason against the American people the Constition, for giving this country away to foreign interests for personal gain. And when this all blows over, they should be CHARGED as such, given a Hemp Necktie and hanged on a scaffold at the closest Navey yard in Washington.

[PerrrfictKats]

continent their fathers conquered. The issueing power should be taken from the banks and restored to the people, to whom it properly belongs.." Thomas Jefferson letter to the Secretary of the Treasury Albert Gallatin [1802] The BBG is for global controll of banks, corparations, insurance companies and they filtrate goverments to seize control of their countys assets and properties. Think: ROBBER BARONS, and WE are the SERFS!

[PerrrfictKats]

This explains why P-Bo,s cabinet is SPENDING money like a drunken salior. He WANTS to BANKRUPT the COUNTRY!! Thomas Jefferson wrote:" I believe that banking institutions are more dangerous to our liberties than standing armies.If the American people ever allow private banks to control the issue of their currency,first by inflation, then by deflation, the banks and corperations that grow up around the banks will deprive the people of all property untill their children wakeup homeless on the:

[PerrrfictKats]

do all he is doing to the economy or the U.S. will collasps like a house with termites. The States need to BLOCK all Federal control of the police depts, and REFUSE to and take away all state and county support. Do Not give P-Bo any more manuvering room in State goverments!

[PerrrfictKats]

This Group needs to be weeded out of the U.S. goverment and local goverments as too many have infiltrated both the DEM/REP parties. THE CANIDATES from BOTH parties last election were BOTH BuilderBurge Group people! The Americans that sit with this Group are traitors to their own countrymen; a bunch of Benedict Arnolds! The worst part is the media blackout so the public ever hears of what P-Bo,s really up to. The States need to throw every legal monkey wrench they can find and tie his ability to:

[PerrrfictKats]

People you should know that everyone who sits on Obama,s Cabinet are all the BuilderBerge Group and they are trying to destroy the banking system here and worldwide so they can get the banks on their Amero or into THEIR One World BANKing system which they will control.You should watch "THE OBAMA DECEPTION" on You-Tube, the full lenght version, Alex Jones is RIGHT_ON to him!

[Gwenlj]

2:13 it this funny??? he is a IDIOT!!!

[plusaf]

those guys are morons and just don't get the point....  why is 100:1 leverage too much? why not 50? 20?... the point is... anything you do to try to control it will be insufficient to prevent surprises from ruining some company somewhere...

THE ANSWER IS: STOP TRYING TO SAVE THEM....

morons.

[katsfanman]

Call and write your Congressman or Congresswoman & request that they co-sponsor H.R. 1207 to "Audit the Federal Reserve"...it's Ron Paul's "Federal Reserve Transparency Act of 2009". We need this bill to pass! spread the NEWS NOW

[SirDankalot619]

Get em' Grayson!

[BlueSkies360]

I personally would say that, hypothetically, if I have 10K, I don't want to lend more than 1K to my friends, relatives, business partners. So I would go completely the other way. Not 1:10, 20, 50+, but 10:1, 2 no more. I care, because it is my money. I suppose it is easier with other peoples money. But then again.. wouldn't you be more careful with other peoples money, if they trusted it to you for safekeeping? Shouldn't the play money be the amount we can afford to loose?

[jeremy8080]

Enough, stop wasting money washington.

How did Alan vote on the stimulas?

[ILovelisanova]

The audio stinks

[oq242]

"Systemic Risk" is caused by the legality of fraud allowed in our system by the banking system and the Federal Reserve's flooding of the system with currency and cheap loans. Grayson please go after the cause and don't go after the symptom which will lead in less freedom for everyone and business as usual for the Fed.

[JoeyPencils]

Rock on Congressman!