@ammachi3 it all depends on the next presidential election. If Obama is reelected, America's collapse will be catastrophic and will end with complete tyranny. If Ron Paul is elected, there will be a good chance of emerging as a strong nation. If Romney or NEWT are elected, there is a fairly good chance of emerging stronger. America simply lost its way in embracing Socialism since FDR. If we can return to limited govt, free-market capitalism and a gold standard America will emerge stronger.
11:51 No...This will not be America’s finest hour, it will be her worst. And she will not emerge stronger than before...she has peaked and will never again reach such heights as in the past, as we simple don't have the resources to do this...it is going to be apocalyptic for the U.S. in the near future.
So why didn't Mr Obama tell us about these important things in his State of the Union address. Maybe he needs to know about them himself? Oh wait…he wasn’t just lying through his teeth was he? Damm…so he was just selling us some sick fantasy. He was just telling us what we want to here…that its all okay…bastard!
@deliciousproeinshak I primarily hold gold mining stocks and Au/Ag index funds. I took a bath on Ag fund last year, but see Au/Ag pop this yr. I'm not short the US$. Euro shld continue to fall so money is flowing to the US$. eventually, central banks/institutions will view US$ as a very risky bet (QE3 in July or August--LOL). With the € & US$ kaputz, Au/Ag will be the next safe haven as imminemt world collapse plays out. I've been in mining stocks a long time so I've done OK.
If you had bought gold a while back when the doomsday believers were in high gear, you'd have lost 16% by now. You might want to rethink how you're going to short the dollar.
@CookStetco Thank you. I'm sorry if I came across as an university professor.... I tried to add some humor to the dialog and will add more in future videos.
MettaliarYanto -- A fair tax is a pretty good system, too, certainly better than the 80,000 page monstrosity of a tax code we have now. I also think a federal sales tax to replace all federal taxes makes a lot of sense. It assures everyone pays taxes, encourages savings & investment, totally eliminates having to do income tax returns, and is very easy to implement.
samuraiconservative is a genius. Thank you for cutting through all the bogus propaganda and making this great video available for us to try and educate our fellow debt-slaves. People think Lincoln freed the slaves? Ha, read the 14th Amendment: he replaced limited chattel slavery with universal debt-slavery. The solution to the Euro problem is simple: default, like Iceland, did. That was because in Iceland, the people got to vote on the bailout, and said "Hell no!".
@johnbarkand Yes, it's certainly an excellent idea to be prepared for the coming economic collapse. The EU is already in the process of a financial meltdown and the US is actually in worse shape than Europe.
I'm a huge Ron Paul supporter as he's the only candidate with the fiscal and monetary expertise to minimize the effects of the collapse and to assure we emerge from it as a stronger and financially strong Constitutional Republic.
@samuraiconservative i have been a "good little sheeple" until 5 mounths ago. I went out and bought 3 new cars, ran my credit card to 10K, applied for 5 more cards, ran them up, stopped paying bills,i took the tags off the cars and parked them (locked) in garage, then watched about 6 repo trucks circle the hood. i'm looking for a bail out. screw the banksters. they can take my life, etc., but the can't take my freedom.!! RON PAUL 2012 i think he can help the US
You really want to get rid of all those social support structures?,
Trying living as a poor person on the streets of China or India for a year or two. Then come back look me in the eye and tell me that we don't need those social supports.
@robertp1213 The vast majority of Chinese lived in abject poverty under Socialism from 1919-1980. In 1980, China's per capita income was around $150/yr. China implemented elements of free-market capitalism from the early 80's, which vastly increased their GDP from $200 billion (1985) to $6 TRILLION (2010). That's the power of capitalism. Rather than excessive govt: rules, regs, taxes, handouts, etc., allowing capitalism to thrive is the best way to assure prosperity for everyone.
@robertp1213 china will be fine , i have seen first hand what the people can do. they are great people, but they can kick ass big time. they are not to be screwed with.
@bataondceiling. Yeah, given that this video was made almost 1 year ago, I think my predictions are pretty much happening as outlined.... It's so sad, but true....
@samuraiconservative so true so sad. this is by far one of the best explanations of our
current state. i wish this would be aired on mainstream media. oh, don't forget buy rice,
water and shotgun shells as stocking stuffers. ron paul in 2012 check him out.. he could have worte this script.- as far as china goes, stop having babies... rabbits!!--sorry
@steeev11 If you read my post, you'll see I qualified my statement by saying the bottom 47% pay ZERO FEDERAL INCOME TAXES, which is correct. The the bottom 47% (typo earlier) do pay some withholding taxes, but these are more than offset by all the entitlements (food stamps, housing subsidies, welfare, child support, etc.) they receive from the income taxes paid by the 53%. GWB spent too much money on 2 senseless and prolonged wars. Afghanistan war should have been over in 3 months.
@drshlotzkin Wars don't improve economies, they lower standards of living, lead to rationing, destroy infrastructure, waste resources, lead to inflation, etc. It's a fallacy by the left that wars create prosperity, they don't. Severe food and gas rationing, little production of consumer goods, etc., lowered living standards greatly. Only AFTER the war did America's standard of living rise dramatically. WWII was certainly justified, but it didn't increase living standards.
@drshlotzkin Yeah, politicians believe the Keynesian model that all government spending, especially for wars, is positive for the economy. At times, we do need to go to war to protect our nation, but failing a clear and present danger, we should get out of playing the role as universal police. When we do go to war, go in with overwhelming force, kill the bad guys with generals determining rules of engagement to maximize effectiveness, and then get out. No more nation building after wars.
@drshlotzkin yaaa i used to think of that too but as i realized all economies are tied together now what with all the trade sooooo really killing eachother wont do shit but cause more destruction...well this is what fucking dumb ass human kind gets for not limiting its population and resources nope we just thought we could all OMNOMNOMNOM every fucking thing and hope theres more where that came from....
@XxXVideoVeiwerXxX Free-market capitalism/limited govt seems to be the best way to solve this economic mess. Govts do a lousy job in running/redistributing wealth and are great at biz interference/spending/over regulation/increasing debt, which actually just makes things much worse. Free-market Capitalism combined with a small central govt assures the most people get a fair standard of living. Crony capitalism doesn't work, neither does communism, socialism, fascism, etc.
@samuraiconservative Lol i wouldn't mind giving that a shot since it would be the complete opposite of what we have now....No FED....govt monitoring transactions rather then making them....ya i could see that...perhaps after the collapse IMO though i think we would be better off as interconnected city states kinda like how we are now but divide (i.e a city becomes a state a state becomes a country a country becomes a mini world) simple in concept yes
@samuraiconservative Wouldn't mind doing that since it would be the complete opposite of what we have now lol. Govt monitoring transactions rather than making them, no more FED, ya would be nice if we truly had a govt FOR and BY the people instead of old geezers merely grabbing for power and maintaining said power. But see that requires people to think for themselves and become competent, to take charge of things (perhaps most people can do that already but cannot because they are limited by gov
@XxXVideoVeiwerXxX The method of government I described is what the Founding Fathers of America envisioned when writing our Constitution. They knew from history that democracies ALWAYS failed because of mob rules' inevitable tyranny. That's why they established a Constitutional Republic where America WAS a nation governed by law and NOT mob rule. The Constitution has long since been abandoned and now could easily be replaced by one maxim: "The government can do whatever the hell it wants."
2 years? Yeah, America is dying. All people, species, organizations, and countries die and are replaced by a new phoenix from the ashes (got to get some cool metaphors into the discussion here).
Let it crash and burn. I'll put silver in my mattress. At least I'm not 100% positive it will be stolen by the gov't.
@oracle2world Every major world power has gone through periods of rise/plateau/decline and the U.S. is no exception. America's rapid decline is due to explosive growth in: gov't power & spending, increased business rules & regulations, increased taxes, exploding litigation costs, massive money printing, interest rates kept too low, abandoning free-market capitalism, etc. The solutions are simple: Strictly follow the Constitution, cut gov't spending by 50% and restore personal responsibility.
Repeal all anti-trust laws? Are you kidding me? This was created by a provocateur I'm sure... Free market works on international terms only when our international partners play fair with their wages and currency. In the "workers' paradise," China, if you collectively think you deserve better wages and strike, the government thugs come in and bash your brains in.
@recalcitrantdefiance Workers/employers should mutually determine salaries. Minimum wage laws kill economies and are prevent millions from entering the workforce to learn new skill sets, which eventually leads to a comfortable salary. Allow the apprentice/intern system to flourish while learning new skills and then your salary increases steadily while your experience and skill set improves. Minimum wage laws kill jobs and institutionalizes the welfare state and destroy entire industries.
@recalcitrantdefiance Under the 5th Amendment private property rights, union strikes are unconstitutional. Strikes are negotiation via extortion and have no place in a free society. if you don't like your pay, you're free find a better paying job. Anti-Trust laws are to enable uncompetitive companies access to the market. You can be sued for high prices (gouging) similar pricing (collusion) low prices (predator pricing) take your pick. Yes, actual unfair trade practices should be illegal.
It now turns out that most of the $600 BILLION in printed money under QE2 was expatriated to Europe by foreign bank U.S. branches. Google "Zero Hedge- The $600 Billion Stealth Bailout". What this means is that QE3 will soon start, which will greatly increase monetary inflation and destroy the dollar's value. Once this news hits Wall Street, bonds, the DOW and the dollar will fall and bond yields will spike.
This economic collapse has been contrived to create social unrest. Booth parties have been steadily leading America toward the abyss. I guess Canada is going to have to pay for America's reckless policies.
@Jazepentz I agree democrats are by far the worst and the most contemptible. But the Republicans have been doing little to combat them. Not to mention their party is full of Rino traitors. They have also been engaged in recklessly spending America off the cliff.
@mcbain434444 I agree. We need more Conservatives who actually know how to run businesses and less moderates REps. who tink they can pander to both sides....
Just understand that under our new 2011 budget, the federal government costs about $417 million/hr to run. The CBO advises that the "cuts" the Republicrats "won" are actually only worth about $352 million, which equates to about 50 minutes of federal spending. (see NationalJournal article dated April 13, 2011.) Such insanity cannot last much longer. Republicrats are not fixing the problem, they are part of the problem.
hannesh-- all the facts and numbers in the video are accurate. The terrible consequences of the awful decisions and policies our government has made and continues to make will culminate in a devastating collapse soon enough. Whether you believe that or not changes nothing, except how it relates to the decisions you make or don't make based on your conclusions of the same facts.
jaa93977--in short, the gov. has made it impossible to manufacture profitably, so 10 mil. jobs moved overseas. Japan and Germany have high labor costs and still have massive industrial sectors. You'd have to be crazy to start a company in the US with all the excessive taxes, rules, regulations and mandates that the government imposes and that is why our economy is failing.
@samuraiconservative A very depressing horizon. Never will it be posible to have a massive factory (like China) with 10,000 employees (like China) getting paid like $1 a day (like China). Even with taxation lowering and regulation easing, it does not seem plausible
@jaa93997--It all started with government intervention in the free-market: 80,000 page tax code, 90,000 pages of commercial regulations, 35% Corp. Tax, keeping interest rates too low, excessive debt, insane labor laws, devaluating $, getting off gold standard, bailouts, Keynesian economic policies, minimum wage laws, public sector unions, excessive EPA, The FED, Fannie/Freddie, FDIC, CRA laws, over regulation, high taxes, etc., etc.
As predicted, the FED now has a bunch of reasons to start QE3: 3rd war effort in ME, Japan's Tsunami, rising oil prices ( caused by QE1&2,btw), deteriorating housing market; take your pick. QE3 will just make matters worse, but Obama wants to be reelected and the FED will do his bidding.
This won't happen voluntarily. The only ideology politicians care about is re election. I agree that the future liabilities that are unfunded are not able to be paid because our economy is not the productive one that we had fifty years ago. The next problem is high commodity prices will cause a downfall in our standard of living or worse cause mass starvation.
@biggytmofo High commodity prices are almost entirely caused by the Trillions of bogus dollars being printing by the FED, which will continue. Bernanke will definitely start QE3 from around Aug/Sept of this year, after QE2 funds are depleted in June; guaranteed.
The FED has no other options, especially given the $1.7 TRILLION budget this year.
Bernanke will say the FED won't continue with the money printing, but some "crisis" will arise, "forcing" the FED to print more bogus dollars.
@Michaeldoerr47-- Just think of it metaphorically; I'm bearish on America's economic future.
The February U.S. budget deficit was $223 Billion; a world record for the largest monthly budget deficit ever.
The 2011 budget is almost $4 TRILLION with $1.7 TRILLION in additional deficits. America already has a $14 trillion national debt and $112 TRILLION in unfunded liabilities.
If you understood the first thing about economics, you'd be bearish, too.
@michaeldoerr47 only a passive liberal would posses the inability to accurately debate a teddy bear, therefore resulting in a slight of hand response to distract others from their ignorance. Sad. Do you have anything real to say?
@soundtheology passive liberals blindly believe the lies and deceit of Bernanke, Geithner and Obama. Meanwhile, their Great Leaders, spend the U.S. into oblivion with their Keynesian and Socialist policies that just make things much worse and use job killing taxes, dollar printing and massive debt to finance the insanity.
Our country is being run by clueless and ignorant children.
@teaher317- I'm glad you enjoyed it. All the things I've warned about are happening as predicted at a pace even faster than I envisioned. Get out of the dollar when you think best and start buying gold, silver and foreign if you thin it's a good idea.
@ammachi3 it all depends on the next presidential election. If Obama is reelected, America's collapse will be catastrophic and will end with complete tyranny. If Ron Paul is elected, there will be a good chance of emerging as a strong nation. If Romney or NEWT are elected, there is a fairly good chance of emerging stronger. America simply lost its way in embracing Socialism since FDR. If we can return to limited govt, free-market capitalism and a gold standard America will emerge stronger.
samuraiconservative 3 weeks ago
11:51 No...This will not be America’s finest hour, it will be her worst. And she will not emerge stronger than before...she has peaked and will never again reach such heights as in the past, as we simple don't have the resources to do this...it is going to be apocalyptic for the U.S. in the near future.
ammachi3 3 weeks ago
So why didn't Mr Obama tell us about these important things in his State of the Union address. Maybe he needs to know about them himself? Oh wait…he wasn’t just lying through his teeth was he? Damm…so he was just selling us some sick fantasy. He was just telling us what we want to here…that its all okay…bastard!
ammachi3 3 weeks ago
@deliciousproeinshak I primarily hold gold mining stocks and Au/Ag index funds. I took a bath on Ag fund last year, but see Au/Ag pop this yr. I'm not short the US$. Euro shld continue to fall so money is flowing to the US$. eventually, central banks/institutions will view US$ as a very risky bet (QE3 in July or August--LOL). With the € & US$ kaputz, Au/Ag will be the next safe haven as imminemt world collapse plays out. I've been in mining stocks a long time so I've done OK.
samuraiconservative 1 month ago
If you had bought gold a while back when the doomsday believers were in high gear, you'd have lost 16% by now. You might want to rethink how you're going to short the dollar.
deliciousproteinshak 1 month ago
I feel like I just watched a Uni lecture but well done ...
CookStetco 1 month ago
@CookStetco Thank you. I'm sorry if I came across as an university professor.... I tried to add some humor to the dialog and will add more in future videos.
I appreciate your feedback!
samuraiconservative 1 month ago
MettaliarYanto -- A fair tax is a pretty good system, too, certainly better than the 80,000 page monstrosity of a tax code we have now. I also think a federal sales tax to replace all federal taxes makes a lot of sense. It assures everyone pays taxes, encourages savings & investment, totally eliminates having to do income tax returns, and is very easy to implement.
samuraiconservative 1 month ago
Make "flat tax" into the FairTax.
MettaliarYanto 1 month ago
"The government is crushing our water pump with a sledgehammer and importing water from China so we don't thirst to death"
Not bad!
unhappyview54 2 months ago
The entire video is great, but the advice starting at 10:46 is absolutely fabulous.
MX3516 2 months ago
samuraiconservative is a genius. Thank you for cutting through all the bogus propaganda and making this great video available for us to try and educate our fellow debt-slaves. People think Lincoln freed the slaves? Ha, read the 14th Amendment: he replaced limited chattel slavery with universal debt-slavery. The solution to the Euro problem is simple: default, like Iceland, did. That was because in Iceland, the people got to vote on the bailout, and said "Hell no!".
iamnotaterrorist 2 months ago
@johnbarkand Yes, it's certainly an excellent idea to be prepared for the coming economic collapse. The EU is already in the process of a financial meltdown and the US is actually in worse shape than Europe.
I'm a huge Ron Paul supporter as he's the only candidate with the fiscal and monetary expertise to minimize the effects of the collapse and to assure we emerge from it as a stronger and financially strong Constitutional Republic.
samuraiconservative 2 months ago 3
@samuraiconservative i have been a "good little sheeple" until 5 mounths ago. I went out and bought 3 new cars, ran my credit card to 10K, applied for 5 more cards, ran them up, stopped paying bills,i took the tags off the cars and parked them (locked) in garage, then watched about 6 repo trucks circle the hood. i'm looking for a bail out. screw the banksters. they can take my life, etc., but the can't take my freedom.!! RON PAUL 2012 i think he can help the US
johnbarkand 2 months ago
You really want to get rid of all those social support structures?,
Trying living as a poor person on the streets of China or India for a year or two. Then come back look me in the eye and tell me that we don't need those social supports.
robertp1213 2 months ago
@robertp1213 The vast majority of Chinese lived in abject poverty under Socialism from 1919-1980. In 1980, China's per capita income was around $150/yr. China implemented elements of free-market capitalism from the early 80's, which vastly increased their GDP from $200 billion (1985) to $6 TRILLION (2010). That's the power of capitalism. Rather than excessive govt: rules, regs, taxes, handouts, etc., allowing capitalism to thrive is the best way to assure prosperity for everyone.
samuraiconservative 2 months ago
@robertp1213 china will be fine... in fact they will be better. their economy
and their people are survivers .. the US people will need to be also. back to every man for themself.... ron paul 2012..... or let the nukes fly.
johnbarkand 2 months ago
@robertp1213 china will be fine , i have seen first hand what the people can do. they are great people, but they can kick ass big time. they are not to be screwed with.
johnbarkand 2 months ago
@bataondceiling. Yeah, given that this video was made almost 1 year ago, I think my predictions are pretty much happening as outlined.... It's so sad, but true....
samuraiconservative 2 months ago
@samuraiconservative so true so sad. this is by far one of the best explanations of our
current state. i wish this would be aired on mainstream media. oh, don't forget buy rice,
water and shotgun shells as stocking stuffers. ron paul in 2012 check him out.. he could have worte this script.- as far as china goes, stop having babies... rabbits!!--sorry
johnbarkand 2 months ago
This little video is comprehensive and really well done.
batsondceiling 2 months ago
@batsondceiling thank god for your brain ron paul 2012
johnbarkand 2 months ago
@steeev11 If you read my post, you'll see I qualified my statement by saying the bottom 47% pay ZERO FEDERAL INCOME TAXES, which is correct. The the bottom 47% (typo earlier) do pay some withholding taxes, but these are more than offset by all the entitlements (food stamps, housing subsidies, welfare, child support, etc.) they receive from the income taxes paid by the 53%. GWB spent too much money on 2 senseless and prolonged wars. Afghanistan war should have been over in 3 months.
samuraiconservative 3 months ago
Welp, there is always another World War...
drshlotzkin 5 months ago
@drshlotzkin Wars don't improve economies, they lower standards of living, lead to rationing, destroy infrastructure, waste resources, lead to inflation, etc. It's a fallacy by the left that wars create prosperity, they don't. Severe food and gas rationing, little production of consumer goods, etc., lowered living standards greatly. Only AFTER the war did America's standard of living rise dramatically. WWII was certainly justified, but it didn't increase living standards.
samuraiconservative 5 months ago
@samuraiconservative
Yep, I completely agree.
I should have said they will probably start another World War.
drshlotzkin 5 months ago
@drshlotzkin Yeah, politicians believe the Keynesian model that all government spending, especially for wars, is positive for the economy. At times, we do need to go to war to protect our nation, but failing a clear and present danger, we should get out of playing the role as universal police. When we do go to war, go in with overwhelming force, kill the bad guys with generals determining rules of engagement to maximize effectiveness, and then get out. No more nation building after wars.
samuraiconservative 5 months ago
@drshlotzkin yaaa i used to think of that too but as i realized all economies are tied together now what with all the trade sooooo really killing eachother wont do shit but cause more destruction...well this is what fucking dumb ass human kind gets for not limiting its population and resources nope we just thought we could all OMNOMNOMNOM every fucking thing and hope theres more where that came from....
XxXVideoVeiwerXxX 3 months ago
@XxXVideoVeiwerXxX Free-market capitalism/limited govt seems to be the best way to solve this economic mess. Govts do a lousy job in running/redistributing wealth and are great at biz interference/spending/over regulation/increasing debt, which actually just makes things much worse. Free-market Capitalism combined with a small central govt assures the most people get a fair standard of living. Crony capitalism doesn't work, neither does communism, socialism, fascism, etc.
samuraiconservative 3 months ago
@samuraiconservative Lol i wouldn't mind giving that a shot since it would be the complete opposite of what we have now....No FED....govt monitoring transactions rather then making them....ya i could see that...perhaps after the collapse IMO though i think we would be better off as interconnected city states kinda like how we are now but divide (i.e a city becomes a state a state becomes a country a country becomes a mini world) simple in concept yes
XxXVideoVeiwerXxX 3 months ago
@samuraiconservative Wouldn't mind doing that since it would be the complete opposite of what we have now lol. Govt monitoring transactions rather than making them, no more FED, ya would be nice if we truly had a govt FOR and BY the people instead of old geezers merely grabbing for power and maintaining said power. But see that requires people to think for themselves and become competent, to take charge of things (perhaps most people can do that already but cannot because they are limited by gov
XxXVideoVeiwerXxX 3 months ago
@XxXVideoVeiwerXxX or silly bureaucracies yadayada
XxXVideoVeiwerXxX 3 months ago
@XxXVideoVeiwerXxX The method of government I described is what the Founding Fathers of America envisioned when writing our Constitution. They knew from history that democracies ALWAYS failed because of mob rules' inevitable tyranny. That's why they established a Constitutional Republic where America WAS a nation governed by law and NOT mob rule. The Constitution has long since been abandoned and now could easily be replaced by one maxim: "The government can do whatever the hell it wants."
samuraiconservative 3 months ago 3
@samuraiconservative please do one on ron paul please ,please!!!!!!
johnbarkand 2 months ago
I am survivalist, I don;t mind american collapse. i already prepare everything in my basement. just wait in my front yard with my AR15.
moistfaucet 5 months ago
2 years? Yeah, America is dying. All people, species, organizations, and countries die and are replaced by a new phoenix from the ashes (got to get some cool metaphors into the discussion here).
Let it crash and burn. I'll put silver in my mattress. At least I'm not 100% positive it will be stolen by the gov't.
oracle2world 6 months ago
@oracle2world Every major world power has gone through periods of rise/plateau/decline and the U.S. is no exception. America's rapid decline is due to explosive growth in: gov't power & spending, increased business rules & regulations, increased taxes, exploding litigation costs, massive money printing, interest rates kept too low, abandoning free-market capitalism, etc. The solutions are simple: Strictly follow the Constitution, cut gov't spending by 50% and restore personal responsibility.
samuraiconservative 5 months ago
@samuraiconservative - I think the point of return has passed. This xtranormal software is really cool.
oracle2world 5 months ago
more like six days.
MandNreviews 7 months ago
Repeal all anti-trust laws? Are you kidding me? This was created by a provocateur I'm sure... Free market works on international terms only when our international partners play fair with their wages and currency. In the "workers' paradise," China, if you collectively think you deserve better wages and strike, the government thugs come in and bash your brains in.
recalcitrantdefiance 8 months ago
@recalcitrantdefiance Workers/employers should mutually determine salaries. Minimum wage laws kill economies and are prevent millions from entering the workforce to learn new skill sets, which eventually leads to a comfortable salary. Allow the apprentice/intern system to flourish while learning new skills and then your salary increases steadily while your experience and skill set improves. Minimum wage laws kill jobs and institutionalizes the welfare state and destroy entire industries.
samuraiconservative 7 months ago
@recalcitrantdefiance Under the 5th Amendment private property rights, union strikes are unconstitutional. Strikes are negotiation via extortion and have no place in a free society. if you don't like your pay, you're free find a better paying job. Anti-Trust laws are to enable uncompetitive companies access to the market. You can be sued for high prices (gouging) similar pricing (collusion) low prices (predator pricing) take your pick. Yes, actual unfair trade practices should be illegal.
samuraiconservative 7 months ago
thank you for this video. you have explained everything clearly :)
xxTheRevolutionxx 8 months ago
It now turns out that most of the $600 BILLION in printed money under QE2 was expatriated to Europe by foreign bank U.S. branches. Google "Zero Hedge- The $600 Billion Stealth Bailout". What this means is that QE3 will soon start, which will greatly increase monetary inflation and destroy the dollar's value. Once this news hits Wall Street, bonds, the DOW and the dollar will fall and bond yields will spike.
samuraiconservative 8 months ago
Im so lucky i don't live in America
badbreath69 8 months ago
This economic collapse has been contrived to create social unrest. Booth parties have been steadily leading America toward the abyss. I guess Canada is going to have to pay for America's reckless policies.
mcbain434444 9 months ago
Democrats are the BIGGEST reason that the economy is fucked up.....message me to find out why...
Jazepentz 9 months ago
@Jazepentz I agree democrats are by far the worst and the most contemptible. But the Republicans have been doing little to combat them. Not to mention their party is full of Rino traitors. They have also been engaged in recklessly spending America off the cliff.
mcbain434444 9 months ago
@mcbain434444 I agree. We need more Conservatives who actually know how to run businesses and less moderates REps. who tink they can pander to both sides....
Jazepentz 8 months ago
Just understand that under our new 2011 budget, the federal government costs about $417 million/hr to run. The CBO advises that the "cuts" the Republicrats "won" are actually only worth about $352 million, which equates to about 50 minutes of federal spending. (see NationalJournal article dated April 13, 2011.) Such insanity cannot last much longer. Republicrats are not fixing the problem, they are part of the problem.
samuraiconservative 10 months ago
It is very easy to write the word trillion. But to really even try to comprehend the absolute realistic meaning of this word......
jaa93997 10 months ago
hannesh-- all the facts and numbers in the video are accurate. The terrible consequences of the awful decisions and policies our government has made and continues to make will culminate in a devastating collapse soon enough. Whether you believe that or not changes nothing, except how it relates to the decisions you make or don't make based on your conclusions of the same facts.
samuraiconservative 10 months ago
seriously how much of this is bullshit?
hanneesh 10 months ago
@hanneesh the part where the bitch bear says "because we are America" that is the real brainwashed useless bullshit
jaa93997 10 months ago
jaa93977--in short, the gov. has made it impossible to manufacture profitably, so 10 mil. jobs moved overseas. Japan and Germany have high labor costs and still have massive industrial sectors. You'd have to be crazy to start a company in the US with all the excessive taxes, rules, regulations and mandates that the government imposes and that is why our economy is failing.
samuraiconservative 10 months ago
@samuraiconservative A very depressing horizon. Never will it be posible to have a massive factory (like China) with 10,000 employees (like China) getting paid like $1 a day (like China). Even with taxation lowering and regulation easing, it does not seem plausible
jaa93997 10 months ago
@jaa93997--It all started with government intervention in the free-market: 80,000 page tax code, 90,000 pages of commercial regulations, 35% Corp. Tax, keeping interest rates too low, excessive debt, insane labor laws, devaluating $, getting off gold standard, bailouts, Keynesian economic policies, minimum wage laws, public sector unions, excessive EPA, The FED, Fannie/Freddie, FDIC, CRA laws, over regulation, high taxes, etc., etc.
samuraiconservative 10 months ago
so at what point did all things got fucked? ah yes.... when Bush 43 took office........
jaa93997 10 months ago
As predicted, the FED now has a bunch of reasons to start QE3: 3rd war effort in ME, Japan's Tsunami, rising oil prices ( caused by QE1&2,btw), deteriorating housing market; take your pick. QE3 will just make matters worse, but Obama wants to be reelected and the FED will do his bidding.
samuraiconservative 11 months ago
This won't happen voluntarily. The only ideology politicians care about is re election. I agree that the future liabilities that are unfunded are not able to be paid because our economy is not the productive one that we had fifty years ago. The next problem is high commodity prices will cause a downfall in our standard of living or worse cause mass starvation.
biggytmofo 11 months ago
@biggytmofo High commodity prices are almost entirely caused by the Trillions of bogus dollars being printing by the FED, which will continue. Bernanke will definitely start QE3 from around Aug/Sept of this year, after QE2 funds are depleted in June; guaranteed.
The FED has no other options, especially given the $1.7 TRILLION budget this year.
Bernanke will say the FED won't continue with the money printing, but some "crisis" will arise, "forcing" the FED to print more bogus dollars.
samuraiconservative 11 months ago
@Michaeldoerr47-- Just think of it metaphorically; I'm bearish on America's economic future.
The February U.S. budget deficit was $223 Billion; a world record for the largest monthly budget deficit ever.
The 2011 budget is almost $4 TRILLION with $1.7 TRILLION in additional deficits. America already has a $14 trillion national debt and $112 TRILLION in unfunded liabilities.
If you understood the first thing about economics, you'd be bearish, too.
This insanity is unsustainable.
samuraiconservative 11 months ago
Only a reactionary republican would listen to a teddy bear for his economic knowledge.
michaeldoerr47 11 months ago
@michaeldoerr47 only a passive liberal would posses the inability to accurately debate a teddy bear, therefore resulting in a slight of hand response to distract others from their ignorance. Sad. Do you have anything real to say?
soundtheology 11 months ago
@soundtheology passive liberals blindly believe the lies and deceit of Bernanke, Geithner and Obama. Meanwhile, their Great Leaders, spend the U.S. into oblivion with their Keynesian and Socialist policies that just make things much worse and use job killing taxes, dollar printing and massive debt to finance the insanity.
Our country is being run by clueless and ignorant children.
samuraiconservative 11 months ago 2
@samuraiconservative Yes.
soundtheology 11 months ago
@samuraiconservative
But did you ever have a job where you had to decide where to spend thousands and thousands of $? It's just so much fun!
You are just hating on the Dems for having fun!
Pondo1221 10 months ago
@teaher317- I'm glad you enjoyed it. All the things I've warned about are happening as predicted at a pace even faster than I envisioned. Get out of the dollar when you think best and start buying gold, silver and foreign if you thin it's a good idea.
samuraiconservative 1 year ago 2
well done!
teacher317 1 year ago 2
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NewYorkOlympians 1 year ago
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NewYorkOlympians 1 year ago
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NewYorkOlympians 1 year ago
for some strange reason i really like these videos
billybobthorton68 1 year ago 2
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NewYorkOlympians 1 year ago
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NewYorkOlympians 1 year ago
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NewYorkOlympians 1 year ago