California economic collapse 2010 (No worries everything is OK by the government)

[ALBIONTYKE]

That was Obama on the phone to tell you to shut the fuck up, he wants to hang his job until the end of term & your not exactly helping !

Good vid, the only thing missing is the tongue in your cheek.

[Dre4dwolf]

Better to spend that 20,000 now that it holds "some" value.

[peoplearegood100]

I do not understand. We all agree that competition(depriving others of resources for personal advancement) brings about the most "wealth". So why is everybody bumming, eventually, there can only be one winner, and that time has arrived! You all should be happy and worship the Bankers, look at how good they are at competition. Admire them! Now, if everyone believed in cooperation with fellow man and the environment, you all would have a reason to belly ache!

[vawt1953]

@peoplearegood100

What the HELL did you just talk about!!!!!!!!!!!!???

[peoplearegood100]

@vawt1953 , It is like this, Americans dont care about the atrocities that our govt has commited over the last 2 centuries, we all were happy to accept the spoils of war, genocide, you know, havent you read history. So now they have turned their sights to us, boo fucking hoo, you lost your trinkets, innocent children are losing their lives to our rapist troops right now, and your worried about keeping up with the Jones. So drink up and enjoy your own medicine selfish American Turd!

[perromichoacano99]

@vawt1953 ALL U FUCKEN WORRY ABOUT IS YOUR FUCKEN MONEY ....... HAHAHA U LOOK SCARED U FUCKEN PUSSY,,,,,,,, WHEN THE SHIT HITS THE FAN AND IT WILL HIT U WILL RUN LIKE A BITCH STAND AND FIGHT........ STOP TELLING PEOPLE TO RUN .....

[msenlightened]

hey man i enjoyed this video. do you have a video or a list of things we should do to prepare.

[vawt1953]

@msenlightened

yes see how to get ready vid

[perromichoacano99]

@msenlightened IMG DOSE THIS GUY LOOK LIKE YOUR SAVIOR HAHAHHA HE HAS 1 FOLLOWER ,,YOU,,

[JoeJacari]

Millions and millions more illegal aliens pouring into California getting free dental, food, housing, school, and medical.

They must have everything for free so they can luxuriate in opulence and joy at the beach playing and having babies.

What a life!

You work all day and slave and they drink beer, smoke weed, have tons of babies, go to the beach, relax, kick back, play games and enjoy life.

The Democrats will give them everything for the vote. They have a life of supreme wonderment. Why?

[bigbono12]

See the truth of what's happening. Don't complain but make plans to protect yourself. America will be destroyed. When you purify yourself of all your own lies and deceptions you will see the truth and those who are telling you lies will seem like broken people without an authentic mind. Like a broken computer that gives you the wrong results. Once you see the truth of what's happening you will avoid all those who are lying as you would avoid using a brolen computer.

[RailRoadCar9]

I'm north of you , i and i think its only gotten worse

[vawt1953]

Calpers in april was worth about 245 billion

today they are worth 205 billion

15% lose

and they just lost 1.65 billion on BP plus no more div for a while

.84 per share per QTR 50.5 million dollars lost per QTR

CA just keeps going down more and more

Help I have fallen and can't get up!!!!!!!!!!!!!

[smokesignals2012]

The California Public Employees' Retirement System (CalPERS), the United States' largest public pension fund, owned 58.2 million BP shares valued at $585.7 million on April 20, according to Clark McKinley, a fund spokesman. As of June 9, the fund owned 60.1 million shares worth $345.3 million, a mere fraction of CalPERS' $205.2 billion total market value.

[vawt1953]

@smokesignals2012

60.1 million shares are now worth about 1.8 billion dollars as of the closr of market 06/23

In april the 60.1 million shares were worth about 3.45 billion dollars close of 57.34

that is a 1.65 billion dollar lose, plus the div is going away for a while

Clark can't count plus they bought more shares that were going down they lost even more than they would have

[smokesignals2012]

Hey Mike... The California Public Employees' Retirement System (CalPERS), the United States' largest public pension fund, owned 58.2 million BP shares valued at $585.7 million on April 20, according to Clark McKinley, a fund spokesman. As of June 9, the fund owned 60.1 million shares worth $345.3 million, a mere fraction of CalPERS' $205.2 billion total market value.

[tinsnanna]

lol r u high :)

[mmdaviner]

is he tipsy?

[vawt1953]

@mmdaviner

No not this day

[traynickel]

vawt1953 I'm still laughing.  Keep it Up, the truth can be funny.

[smokesignals2012]

the crash Is coming mike, like a thief in tha night man... the whore mystery Babylon shall be made Desolate in one hour.... and whose kings and merchants will weep and mourn at her destruction.... peace

[operator223]

there are over 5 trillion dollars of short term treasury debt that has to be rolled over or pawned off on foreign investors that is coming due within the next 12 months alone and there is another 7 to 10 trillion of short term notes on top of that getting ready to be sold. How do you think this will end?..... you all better be getting ready !!!

[1pigslayer]

yea that is good, the home values need to drop the whole real estate fraud market. fuck the U.S

[vawt1953]

@1pigslayer

That's right LA area is 1.5 to 2 billion behind come july 1st



[spbzz]

You are so right and LA especially is using Arizona as a diversion to avoid focus on their impending doom.

[mja2035]

Hey Mighty Mike, I'm not underwater on my mortgage either but my house keeps going down in value I check zillow dot com for an estimate. My unemployment benefits pay my mortgage and the wife still has her good paying job which pays for the rest. Thanks for trying to prepare people, your a good man. Your friend, Mike, southwest of Denver.

[sellorfree]

What would you do if you were the government? Of course they're going to use propaganda and lies to make everyone feel like things are OK. That's how they've been able to prevent mass panic, maybe even civil war. You and I as well as many others know how bad things are and the royal sh!t will hit the fan sooner or later. Just a matter of time. In my opinion, they need to let the whole thing crash and reset. Start Over. Also, get rid of the stupid fucking FICO score system.

[vawt1953]

@sellorfree

It may come to that Crash and burn. But I still have some faith that reg people will do the right thing

[JustAnotherDisguise]

You mean, $20,000 in silver and gold bullion... ;)

[vawt1953]

@JustAnotherDisguise

YES

might as well get some more

[EndTimeProphecy]

If California goes so does the rest of America.

[vawt1953]

@EndTimeProphecy

Yes I do think so, CA is the largest state in the union. so what happens here will take down the rest of them.!!!!!!!!!!!!!!!

[EndTimeProphecy]

@vawt1953 I believe that 2010 or the beginning of 2011 things are going to change real fast.Our dollar is not worth a dime.And Greece is in debt.

[vawt1953]

@EndTimeProphecy

CA is in worst shape than greece.

541 billion in pension debt plus all the rest of thier debt of about 150 billion

If they think that they are going to take this money from me. I dont think so

I will go off the grid totally. I will barter and use cash only

[EndTimeProphecy]

@vawt1953 I agree with you.They just want to tax you and tax you and tax you.lol.

[PeakedEarth]

I believe you, and my heart says believe you. However, how do you reconcile that the news, newspapers, main stream internet are all saying things ARE getting better... are they just not living up to their job? isnt the news are last defense, or a least a check on the system. is it all just a lie, and if it is how deep the rabbit hole. can all the media just lie, lie, lie, and ignore everything you said at the end of your video???

[vawt1953]

@PeakedEarth

We have been lied to for a lot of years now. Example last year CA government said them trimmed 67 billion from the budget, when they only trimmed 26 billion in real numbers. where were the newspapears about this LIE.???????????????????? Forcloures in April 400,000 all time high, where was the MSM on this one. No where

[dweber66]

I don't see how this can ever end well... batten down the hatches mightymike and defend, defend lives and property from the zombies coming...

[aceyorba]

the reason they have to cut is to save money for the Public pension Ponzi system... get ready for the tax increases...the Public pension system will SINK the state of Taxifornia 600 billion of unfunded liablities...

[piptaac101]

Love the optimism! Thanks for the heads up. So goes Cal. so goes the rest.

[vawt1953]

@piptaac101

CA once was the 5th economic power in the world now we are 8th or 9th. what happens when 100,000 government employees lose thier jobs in the next 2 months.

SHTF. this is the end of CA as we know it. Even though we have had somewhat low crime in this county it will start up again soon. I'am ready to defend myself and my family all the way. I will also protect my street as well.

good luck to everyone that is getting ready for this economic collapse.

mightymike

[nana2ish]

so true. thanks