Those liberal politicians that are ruling us now are destroying the middle class to benefit rich people. They don't care about the average citizen. It's a shit.
Human beings were not bailed out because they have to get up early in the morning, work, be too busy to think and be obedient. Bailing them out would just allow for more freedom and options and thats not acceptable. Instead, you bail out the banks (control mechanism akin to shackles) to make sure they keep their heads low and business proceeds as usual. Brainwash to want ever more, pretend to be productive and be free to do as you are told.
It is a great interview indeed, watched it two times now. It's so refreshing to finally see a news site with in-depth analyses of the Euro crisis instead of reading the rubbish the ordinary media bring us every day.
All that the regular media is post articles like, the euro is going down! 2012 will be a rough year! Recession unavoidable! etc etc. No in-depth stuff what it's really about at all they just want to scare you. So I'm on the donation list for $25 a month keep it up!
So, Greeces problems are really the fault of Germany? How can you folks utter such idiotic words? Last time I checked, Greece cooked the books to get into the EU, which in the real world is an actual crime of fraud.
@glennd7962 Germany kept lending money to Greece so they could keep the export going to that country, so yes Germany is there to blame as well. It's like they say in the interview Europe is not one country like the USA. It's every country for himself and if you have problems don't come knocking on our door.
As for cooking the books, Goldman Sachs had a large, if not the largest part in that. And now that same company is running the ECB, Italy and Greece without ever being elected by the people.
In Ireland we have been saddled with 450 billion euros bank bailout , the debt is not ours , they are destroying our country to pay off the criminals who carried out the largest fraud in history .
@longgoodbyeIreland Lol, what a joke. If you had let your banks fail, the economy would have collapsed, and your problems would be even larger in the short term. What exactly is criminal about that? Folks like you use hysterical language in absurd ways that only serve to show up for the silly man you are.
@longgoodbyeIreland Could not agree more with you and any one arguing against your points are on the pay roll for the banks spreading a distorted message of their own.
It's the fault of our Government, and sadly due to the fact that they supposedly represent us we must bare the burden. The problem with this country is that we are bunch of push overs whose response to any threat of minimal effort is "ah sure, it'll be grand". It's about time the Irish people gets their collective heads out of their collective asses.
All three of these economic guys are full of shit. They didn't mention any thing about how the banks of Europe took on 60% of that fruadulent derivities debt passed by from criminal US banks like Goldman Sachs, JP Morgan and others. They also didn't mention one word about the under the table loan deals that the Piigs governments did with JP Morgan and other banks to create jobs in the construction real estate market that went bust for lack of buyers.
@freedomfighterone Just because they didn't mention it doesn't mean they're not aware of it or that they're hiding it. It's pretty obvious the experts are of the same ideological bend - that is to say - they agree that the banking system and the Euro zone policies are at fault for the crisis, not the European welfare state which is being blamed unfairly by the right and the financial powers that be. It would be redundant to talk about your points; it's all part and parcel of the same dead horse.
@gnomechomskylives If they were aware of the defaulted derivities tranfers to European banks, then they should have mentioned it. These professors are working for the banking criminals, which is why they still have their tenure at their respective university.
@freedomfighterone Not to split hairs, but if the objective of this video was to discuss the *origins* of the Euro crisis you'd be absolutely correct; that would be a major omission. However the point is to discuss the on-going crisis - after the fact - as Germany\France push austerity for their own benefits. It's clear that the experts in the video are aware of the iniquity of the austerity; they recognize it was the banks and their investment schemes that should be punished instead.
wasnt german succes due to fact they froze ppl paychecks over last 10 years,other words they saved money,firms had more money left so more firms egzisted.more firms means more jobs,more export,more tax money to the state. and no budget deficit.wasnt real move of euro countries to do the same.it would mean lower standart of living for the ppl but if we continuoe this debt driven madnes we will suffer much more,i think euro hould cut down standard so we become competitive to the bric nations
@captcrais101 Ladies and gents, here we have the most stupidest comment on you tube.. What the difference between stopping and starting where you left off. Great day in the morning!!!
Always a pleasure to listen to William Black. Merkozy is leading the asylum and the rest have no choice but to starve. The flagrant problem is that banks are not lending to small and medium-sized enterprises. It is causing massive unemployment. How do you force banks to lend to the SMEs and individuals again?Progamme very well moderated by Jay, as usual.
1 way to solve this problem is to build a society without money and markets. You know, kinda like how we built a society that didn't require us to follow the herds through seasonal gathering fields. Sure our current society would seem like a utopia to a hunter gatherer from 20,000 years ago; but a future society without money and markets would seem like a utopia to us today. No more war, no more poverty, virtually no crime, no one trying to fuck you over for time and money: a utopia for utopians
It seems they wish to decentralise the problem again, hoping to find balance emerge in a homogenity lost for now, now, now. The best solution would be gratis hand outs across the board, the general body politic, a solution both top down and ground up, as the economic stimulus packages went to show themselves to be about 3 times more effective than top down only solutions.
Is the demise of the euro a strategic advantage for the US dollar? I don't think the US wants to see an economic collapse of the Euro zone, but will be glad to see the demise of the Euro.
@lostpebble The US has already released false info about Europe's credit credibility through economic analysis firms. This is so the Euro to Dollar rate goes down. It used to be 1.6 dollars are 1 Euro (which means the dollar is worth less), now after the crisis it is around 1.25 dollars are a Euro. The Us would like a 1 to 1 or <1 Euro to 1 Dollar.
PEOPLE NEED TO SWITCH PARTIES 12 WEEKS IN ADVANCE OF THE PRIMARIES IN MOST STATES.
IF YOU DO NOT SWITCH IN TIME YOU CANNOT VOTE IN PRIMARY.
IF YOU ARE NOT REGISTERED REPUBLICAN YOU CANNOT VOTE IN PRIMARY.
IF RON PAUL DOES NOT WIN PRIMARY, NO GENERAL ELECTION ! REGISTER AS A REPUBLICAN. FIND OUT WHEN YOUR STATE HAS PRIMARIES. FIND OUT WHERE AND VOTE VOTE VOTE ! PLEASE !
WE NEED EVERY LAST VOTE ! Copy and paste this everywhere and vote up
Would such a discussion be allowed on Fox or CNN?
andmaketherain 3 weeks ago
Dust off the guillotine, and sharpen the blade!
emilnomel2009 1 month ago
Those liberal politicians that are ruling us now are destroying the middle class to benefit rich people. They don't care about the average citizen. It's a shit.
SrDonAlejandro 1 month ago
Comment removed
kawaiigardiner 1 month ago
Don't trust banks. Send me your money and I will double it in less than 12 months, guaranteed, leave a contact message on my channel
JanRichardus 1 month ago
@JanRichardus Hell no. I want it tripled in half a year or no deal.
Lexman00 1 month ago
@Lexman00 I can do that too, just transfer all your money to my account, you wont regret it, I promise!
JanRichardus 1 month ago
5:57
Human beings were not bailed out because they have to get up early in the morning, work, be too busy to think and be obedient. Bailing them out would just allow for more freedom and options and thats not acceptable. Instead, you bail out the banks (control mechanism akin to shackles) to make sure they keep their heads low and business proceeds as usual. Brainwash to want ever more, pretend to be productive and be free to do as you are told.
You are being farmed. Congratulations.
MarkoKraguljac 1 month ago 3
It is a great interview indeed, watched it two times now. It's so refreshing to finally see a news site with in-depth analyses of the Euro crisis instead of reading the rubbish the ordinary media bring us every day.
All that the regular media is post articles like, the euro is going down! 2012 will be a rough year! Recession unavoidable! etc etc. No in-depth stuff what it's really about at all they just want to scare you. So I'm on the donation list for $25 a month keep it up!
mkools79 1 month ago
Great interview!
I would really like to donate but I can't
formerutuber 1 month ago
So, Greeces problems are really the fault of Germany? How can you folks utter such idiotic words? Last time I checked, Greece cooked the books to get into the EU, which in the real world is an actual crime of fraud.
glennd7962 1 month ago
@glennd7962 Germany kept lending money to Greece so they could keep the export going to that country, so yes Germany is there to blame as well. It's like they say in the interview Europe is not one country like the USA. It's every country for himself and if you have problems don't come knocking on our door.
As for cooking the books, Goldman Sachs had a large, if not the largest part in that. And now that same company is running the ECB, Italy and Greece without ever being elected by the people.
mkools79 1 month ago
NO, its just getting started
realgunslinger 1 month ago
Is the Euro Crisis Over?
no.
philais 1 month ago
Very good discussion, thanks TRNN.
RedGaribaldi 1 month ago
In Ireland we have been saddled with 450 billion euros bank bailout , the debt is not ours , they are destroying our country to pay off the criminals who carried out the largest fraud in history .
longgoodbyeIreland 1 month ago 28
@longgoodbyeIreland Lol, what a joke. If you had let your banks fail, the economy would have collapsed, and your problems would be even larger in the short term. What exactly is criminal about that? Folks like you use hysterical language in absurd ways that only serve to show up for the silly man you are.
glennd7962 1 month ago
@longgoodbyeIreland Could not agree more with you and any one arguing against your points are on the pay roll for the banks spreading a distorted message of their own.
kjp68 1 month ago
@longgoodbyeIreland
It's the fault of our Government, and sadly due to the fact that they supposedly represent us we must bare the burden. The problem with this country is that we are bunch of push overs whose response to any threat of minimal effort is "ah sure, it'll be grand". It's about time the Irish people gets their collective heads out of their collective asses.
MudHut67 1 month ago
All three of these economic guys are full of shit. They didn't mention any thing about how the banks of Europe took on 60% of that fruadulent derivities debt passed by from criminal US banks like Goldman Sachs, JP Morgan and others. They also didn't mention one word about the under the table loan deals that the Piigs governments did with JP Morgan and other banks to create jobs in the construction real estate market that went bust for lack of buyers.
freedomfighterone 1 month ago 17
@freedomfighterone Just because they didn't mention it doesn't mean they're not aware of it or that they're hiding it. It's pretty obvious the experts are of the same ideological bend - that is to say - they agree that the banking system and the Euro zone policies are at fault for the crisis, not the European welfare state which is being blamed unfairly by the right and the financial powers that be. It would be redundant to talk about your points; it's all part and parcel of the same dead horse.
gnomechomskylives 1 month ago
@gnomechomskylives If they were aware of the defaulted derivities tranfers to European banks, then they should have mentioned it. These professors are working for the banking criminals, which is why they still have their tenure at their respective university.
freedomfighterone 1 month ago
@freedomfighterone Not to split hairs, but if the objective of this video was to discuss the *origins* of the Euro crisis you'd be absolutely correct; that would be a major omission. However the point is to discuss the on-going crisis - after the fact - as Germany\France push austerity for their own benefits. It's clear that the experts in the video are aware of the iniquity of the austerity; they recognize it was the banks and their investment schemes that should be punished instead.
gnomechomskylives 1 month ago 5
reminds me of the parable of the blind men and the elephant. together they might have a good picture
marinara11 1 month ago
wasnt german succes due to fact they froze ppl paychecks over last 10 years,other words they saved money,firms had more money left so more firms egzisted.more firms means more jobs,more export,more tax money to the state. and no budget deficit.wasnt real move of euro countries to do the same.it would mean lower standart of living for the ppl but if we continuoe this debt driven madnes we will suffer much more,i think euro hould cut down standard so we become competitive to the bric nations
astifan1 1 month ago
You should have spilt this u into more than one video than one long one. If I wanted to watch a 30 minute program I would watch tv.
captcrais101 1 month ago
@captcrais101 Ladies and gents, here we have the most stupidest comment on you tube.. What the difference between stopping and starting where you left off. Great day in the morning!!!
OnlyGreatness007 1 month ago
Always a pleasure to listen to William Black. Merkozy is leading the asylum and the rest have no choice but to starve. The flagrant problem is that banks are not lending to small and medium-sized enterprises. It is causing massive unemployment. How do you force banks to lend to the SMEs and individuals again?Progamme very well moderated by Jay, as usual.
408Magenta 1 month ago
In my opinion it should be forbidden to foreclose a house until the house can be sold
to someone else.
If thats not the case people should be staying in their house and pay whatever they can.
cityroots 1 month ago
1 way to solve this problem is to build a society without money and markets. You know, kinda like how we built a society that didn't require us to follow the herds through seasonal gathering fields. Sure our current society would seem like a utopia to a hunter gatherer from 20,000 years ago; but a future society without money and markets would seem like a utopia to us today. No more war, no more poverty, virtually no crime, no one trying to fuck you over for time and money: a utopia for utopians
elbowbiter1 1 month ago
It seems they wish to decentralise the problem again, hoping to find balance emerge in a homogenity lost for now, now, now. The best solution would be gratis hand outs across the board, the general body politic, a solution both top down and ground up, as the economic stimulus packages went to show themselves to be about 3 times more effective than top down only solutions.
Lieu3C4 1 month ago
Great discussion!
chuckvw 1 month ago
This has been flagged as spam show
Who's printing press is going to be running to cover this? Germany's, the US, both? We already shipped out a ton of "money" to them.
bamboo4tameshigiri 1 month ago
This has been flagged as spam show
So the "US" Fed is baling out the world? Hmm. I wonder what group of slaves is going to have to shoulder that.
bamboo4tameshigiri 1 month ago
Over?
"This is not the end. This is not even the beginning of the end. This is the end of the beginning."--Churchill--
mjbarrowful 1 month ago
"best way to rob a bank is own one" such true statement.
MrRokkafella 1 month ago
any money given to the financial institutions will only impoverish more states and cast millions out of work.
AlbertoVeronese 1 month ago
I donate 10 $ a month.
restlys 1 month ago 2
same nightmare , different day.
Eumusic1 1 month ago
great report as always Paul Jay.
thanks for the subs, they were well needed.
datadudes 1 month ago 3
Euro > Dollar
geawesomenessed 1 month ago
Looks like the 4th Reich to me.
Rolandzebub 1 month ago
It's nice to see Bill Black continually fighting.
DedmanUmotionS 1 month ago
Is the demise of the euro a strategic advantage for the US dollar? I don't think the US wants to see an economic collapse of the Euro zone, but will be glad to see the demise of the Euro.
lostpebble 1 month ago
@lostpebble The US has already released false info about Europe's credit credibility through economic analysis firms. This is so the Euro to Dollar rate goes down. It used to be 1.6 dollars are 1 Euro (which means the dollar is worth less), now after the crisis it is around 1.25 dollars are a Euro. The Us would like a 1 to 1 or <1 Euro to 1 Dollar.
geawesomenessed 1 month ago
This has been flagged as spam show
It's not enough to say "Vote Ron Paul"
PEOPLE NEED TO SWITCH PARTIES 12 WEEKS IN ADVANCE OF THE PRIMARIES IN MOST STATES.
IF YOU DO NOT SWITCH IN TIME YOU CANNOT VOTE IN PRIMARY.
IF YOU ARE NOT REGISTERED REPUBLICAN YOU CANNOT VOTE IN PRIMARY.
IF RON PAUL DOES NOT WIN PRIMARY, NO GENERAL ELECTION ! REGISTER AS A REPUBLICAN. FIND OUT WHEN YOUR STATE HAS PRIMARIES. FIND OUT WHERE AND VOTE VOTE VOTE ! PLEASE !
WE NEED EVERY LAST VOTE ! Copy and paste this everywhere and vote up
Tarantula604 1 month ago
the euro is dead
KhmerD0g 1 month ago
Real footage of real banks causing real problems.
Watch How To Rob A Bank at UmotionS.com
See the trailer at my channel. The Link is in it’s description.
DedmanUmotionS 1 month ago