Does a Greatest Depression Loom? (Part 1)

[markpartalis]

Only the comprehensive re-regulation of banking fix the problem.

[waltermh111]

@SirSafer Also, I would like to point out, even in the late 90s online purchasing was growing, and it was tax free, or unreported, so it would even out alot also, but then maybe you can say surplus would have only been greater if only, so easy to play your side

[waltermh111]

@SirSafer lol, the only reason?

Tax revenue is gained with taxes, and his decent tax level wouldnt have been under Paul which means you wouldnt have had a surplus on Paul by your reasoning

We werent in major wars so thats not something he could save us from.

Sounds like its easy for you to downplay anything you disagree with.

Paul is no god anyway, theres always this criticism about Obama being peoples messiah, but then I hear so much talk of the Messiah Ron Paul.

Crazy stuff

[waltermh111]

@SirSafer first, fiscal conservatism is false, there is no such thing that I have ever seen. I hear of small town fiscal conservatives but even they spend alot of money on things that are supposedly against fiscal conservatism, its just subjective what money should be spent where I guess

Also, we havent had a liberal president in quite awhile now, we sure dont yet, and the last time we had a left centrist president, we had a surplus.

[dave777blaster]

@SirSafer Like Bush ?

When will Americans wake up and realize that the Republicans and the Democrats are 2 horns on the same Bull ?

[dave777blaster]

Nothing can be done because the elite raped USA they took 28 trillion dollars on the Bush watch and then another 13 trillion on the Obama watch so far.

When they are done raping America by the end of the Obama term nothing will be left to fix.

in all of the history of America it never spent 30 trillion dollars.

this is the final looting after they sent the jobs offshore.

this is the end there is no recovery possible now.

The magnitude of theft has not been met with any resistance .

[mr1punch]

Fanny Mae and Freddy Mac is still being pumped up for a reason, the recovery never happened. Its too late. What will come is unstoppable.

[cunnidvd]

You call celente an economist. What are his qualifications. I can't find any references to his education qualifications.

[crocfme]

Independant economists and financial analysts are saying only about a third of the govt.s economic stimulus and bailout money actually did any good. The other two thirds was squanderred on short term investments that effectively contributed to volume of the bubble that is about to burst..

[TheDailyConversation]

@efeez1986 Essentially, yes :)

[ChedWick05]

@efeez1986

No

[SophistAtheist]

good videos!

[Nothiean]

The destruction of our economy is not the fault of "unregulated" Capitailsim, or "Over-regulated" Capitalism. Just Capitalism. Onward, to Socialism!

[salsa20]

Here is a video respond about what u guys are talking about.

I think it explains whats really happening in the world economics

Look up

RT America - Tarpley: 'US tries to destroy Euro'

Just posted today.