Resolve The Credit Crisis NOW

[christo930]

This is ridiculous. None of the unemployed would qualify to refinance their house, so they lose it. It's sets an artificially low interest rate which keeps housing prices too high. How in the world are real--estate prices going to drop so we can go back to conventional mortgages with mandatory 4% interest rates?

Then you want permanent price fixing? You are aware that this will cause shortages right? Banks need to stop lending consumptive credit in the first place (except autos and homes).

[kosai19]

Haven't seen the mainstream media discuss the problems with commercial real estate yet. That is the next bubble to burst.

[JRCrowley]

Some great ideas here.

[4evrMT]

I hope some media source takes you up on the chance to promote these ideas. Everything you said indicates a use of prudent common sense--imagine that! Until we truly clean up the messes made by speculators, etc. and get back to conservative, realistic, and logical lending practices which have consequences for banks who make bad decisions, the change that is needed in the housing market will never come to fruition. Go Karl, Go!

[CarryANationIII]

KD's plan is very rational, reasonable, and moderate, which are the main reasons no one in government, banking, or Wall Street will take the advice.

He should add point 11: bribe public officials.

[kkklownknight6699]

Ben Bernanke is doing a fine job.

I think he saved the economy from collapse.

[RevoltorAdapt]

The Government is the one that is the biggest borrower. Why don't you tell America the TRUTH, The Federal Reserve is a PRIVATE BANK ?

[hiphopsocnroc]

Corret, but Congress has the power to abolish it, highly unlikely. Also, FRN's are private credit form the FED, plus, every dollar already has a fist lien placed on them, crazy. "money" is not what you think it is.

[curtishawkley]

this dude is smart. Why can't we have smart people in charge of stuff instead of evil people?

[narcberry]

So, force the banks eat the whole crisis by making loans they don't want to and by throwing away the assets they're invested in.

All this will do is fail the banking system, forcing the bigger than biggest bailout and, probably, permanent federalization of the banking industry. I don't think this will solve anything in the future.

Here's an actual solution:

Get the government out of the private sector, let the market heal, and let free market forces drive a healthy evolution of the economy.

[CarryANationIII]

"All this will do is fail the banking system"

So? What's the problem? That's called a "free market" you commie.

"Get the government out of the private sector"

LOL hysterical, "get the government out of the free market" unless they need a bailout!

[anolmec]

Denninger...You dont seem to understand that ANY mortgage that was securitized is a FRAUD on the borrower.

goog neil garfield or livinglies

[VisionQuest2012]

Sorry to tell you Karl. They are not listening to you. It's not about doing the right thing. The game is rigged in order to funnel wealth into the hands of a minority. Listen to your intuition, it's telling you something is clearly not right.

[badonkadonk34]

Another great one Karl. Glad to see you are getting some press and air time w/ the mainstream.  Keep at em - we need ya.

[TylerNull]

Here's an idea:

How about NOT having ANY government "solution", and announcing that.

The only reason there is a so-called "crisis" is that all players, from the "homeowner" to the derivatives trading houses, are all waiting for their piece of the federal hand-out.

Seriously, how about giving a market-based solution a chance?

Politicians were smart enough to smear their Fannie Mayhem on the market, so now people reject the obvious solution in favor of the fed's next fascist power grab.

[CarryANationIII]

The fact you equate the criminal fraudulent bankers with some random person with a mortgage just shows your agenda.

"Fannie Mayhem"

No mention of JP Morgan, Goldman Sachs, and the Fed. I bet I know why.

[TylerNull]

You invented a claim I didn't make, imply that I made it, and then claim your fantasy is evidence of my "agenda" That, as they say, is "all you".

JPM, GS, and the rest of the private sector adapted to the race-based, & class-based, fascist rules set and implemented by the federal government through the fed's Fannie, Freddie, OFHEO, CRA and related federal mandates, programs, GSEs and such.

The point is the government perverted supply-demand, as their involvement in any industry always does.

[CarryANationIII]

I didn't even notice it was you, TylerNull, the long time GOP intern (Virigina GOP, right?)

"JPM, GS, and the rest of the private sector adapted to the race-based, & class-based, fascist rules set and implemented by the federal government through the fed's Fannie, Freddie, OFHEO, CRA"

LOL the working class whites in Dixie don't believe you either, TylerNull. Good luck with that.

And as for race based, well, this IS New York after all ...

AT least you aren't pretending to be Christian anymore

[TylerNull]

"working class whites in Dixie don't believe you"

Federal mandates, Federal programs, Federal regulations, Federal subsidies and Federally sponsored mortgage manipulators who spawned this Fannie Mayhem aren't about "believe".

Your inability to discriminate reality from "believe" isn't any less insightful by your insertion of ad hominem, race-hustling AND class-warfare into your obfuscations of this federally spawned financial nightmare.

And more such toxic federal fascism isn't a solution.

[CarryANationIII]

You work for Wall Street, Big City New York Bankers.

Who do you think you're kidding?

New York City? Get a Rope.

[TylerNull]

Let me show you how to make a relevant, personal observation, and how to do so without regressing to your own fantasy world where you keep favoring IT over reality. From online articles, we see that your notions are a perfect inversion of reality:

"Obama Top Fundraiser on Wall Street"

"Battered Wall St tops Obama inaugural donors: study"

"Wall Street Is Big Donor to Inauguration"

"Clinton, Obama are Wall Street darlings"

"Contributions to Obama Campaign Track Bailout Money"

[TylerNull]

"

Obama Officials Sought To Keep AIG Bonuses: Dodd

In a stunning development, Sen. Christopher Dodd said that Obama administration officials asked him to add language to last month's federal stimulus bill to make sure the controversial AIG bonuses remained in place...

"

-- cnbc

[CarryANationIII]

Hey TN, are you trying to tell me that Obama is a Banker's Whore and an employee of Wall Street?

Of course, I agree.

You, being a ditto-head, think that anyone who disagrees with your shilling for JP Morgan Chase and Goldman Sachs, and the rest of Communist Wall Street, must be an Obama-lover.

And you whored for Bush for 8 years, all the while pretending to be a Christian.

I get it, believe me.

[TylerNull]

The batch of news articles I listed, debunking your mythology, aren't me "trying to tell you". Rather, they are published reports.

For the third time, you demonstrate an inability to discriminate between objective fact and Democrat mythology.

Then again, if Democrats thought processes ever rose above that of their carbon residue, they wouldn't be Democrats. Nor would they be obsessed with carbon.

Even your username is insightful. Carrion indeed. Not the nation. Just your toxic ilk.

[CarryANationIII]

"Democrat"

You're such a shill that no one buys your bs, that must suck for you. How is that GOP going now a days? How is NC? lolz

[TylerNull]

Your aggressive rejection of published reports which debunk your fantasies is impressive.

Democrats & Immaculate Ignorance -- Life Partners

[sitled01]

Hope Obama is watching. He should fire Geitner and Hire this guy.

[CardsDefense]

Karl is the King!!!!

The King of Kommon Sense!

[Airave]

Way to go KD.

[33115566]

I like this plan but it seems too prudent and commonsensical to be implemented by the current corporate fascist regime. Sounds like the demand of a mob of 10 million people on a siege of Washington. I would vote for it.

[vention4wh]

You've got my vote

[CuredOfApathy]

So very glad you're adding videos here again, Karl! Always learn something from what you share with us. Thank you!

[centervilletn]

too bad the banks want all the profit and none of the risk or your ideas might work. all profit no risk ...its a great deal if you can get it...and so far it seems they might get it...

[patriotsundergod]

You should get together with Webster Tarpley

[911truthncDotOrg]

Karl, thanks for Solutions!!

GOD help us! We Need Them!

Don't Take The Stab!!

[911truthncDotOrg]

Do More

"On The Edge with Max Keiser"!

Luv Max!

[guslingus]

Resolve the Credit Crisis.??? End the House Crisis....???

While you are at it how about you un-fuck that girl so she can be a Virgin again too... Dreamers...... its been screwed and it will stay that way.

[wawbwc]

This economic crisis is a conspiracy to promote population reduction. The first thing that has to go is your standard of living. Reward the Rich for SCREWING the poor. Welcome to the 21st century.

[bertly71]

Excellent ideas. In the Washington echo chamber, these creative ideas will never be heard. Too bad for all of us that this administration has a bunch of yes men sitting around the table.

[0PsycoDad0]

XD!

Mr. Denninger I don´t think anyone dares to mention your ideas on the main news reels.

If they did they´d to agree with major players cheating, lying and deceiving the public not to mention the pressure they put on the government to bail them out.

I bet the people´re waiting for such actions but the "elite" is too afraid of such revealing decesions and of what else might be found "under the carpet".

[whong819]

Karl! great video! however, in reality, the big monster who has control would be willing to concede the control back to the main street folks?? good try! but it wouldnt happen!!!

[U2ForNow]

Damn good plan Karl. I don't post on your forum but follow your post. I really hope you keep getting traction and more TV time. It was good seeing you on CNBC the other night. Keep up the great work. You sir, have a gift.

[Unkn0wnGuy]

What did he say about china? I couldn't quite understand what he said. Thanks!

[strongsidejedi]

United States Treasury notes are being bought by the Chinese. If the People's Republic of China (mainland/Red China) chooses to sell their t-bonds and t-bills, they can plummet the value of the US Dollar. That would negatively affect them and us (since they hold Billions of dollars of treasury notes). It is hoped that the Chinese will continue to buy our US national debt, but why should anyone when the Wall Street lead banks are lying about their/our finances.

[Unkn0wnGuy]

Thank you, sir!

Isn't China, Russia, India, and Brazil (the bric countries) looking to replace the US dollar as a reserve? This would certainly have the same consequences.

The wall street banks aren't the only ones lying about their finances... the US government is cooking the books worse than Enron.

Peace!

[davincij15]

Karl, I wish you where running things.

But you're not so lets base our future on what the people who are running things WILL do. OK?

The reality is there will be more problems in the future and the government will print more money and bail out anyone that owns enough politicians.

[btbking]

thank you

[becauseicare2]

I have thought through this very solution many times. I agree it sounds excellent, but what about letting the market take care of this (too late?). What about the people who did everything right, paid off their home, stayed out of debt, saved and invested. I understand you cannot please everyone and this is so far gone which is why we get the solution of the week from Washington.

[lenny380]

appraised value is part of the problem - currently most areas are very inflated -therefore will still not help in the long run as some equity may be lost as prices drop with future inflation.

[mrcool011]

Good plan but the government is incapable of doing it.

[kaiserbill5711]

Outstanding Karl , superb content and presentation

[PatriotReport]

Why aren't you my Representative/Senator?

Alas, I wonder, would you still retain your integrity if you were? I know of only one person that has done so:  Ron Paul.

[4x4jeepjeep]

Kudlow, you listening?

[footballa69]

Karl for Congress!

[banjojambo]

better yet let every citizen have a replica of goldmans trading computer program one in every home and we all will be rich CRISIS SOLVED

[1mealperday]

from one older guy to another..we need to implement your plan soonest ,not for us , but our children! The fat cats better get their heads outa their butts. too much CYA going on. Seems as if our president doesnt much care. Its way past time for him to speak to us with honesty and a better plan.

[tztthinkagain]

Actions, we need actions! People of like minded need to get together and make a plan of actions, and act.

[NicosMind]

Karl you should also put your 4 point plan in your description. Would be a good place to have it. But good video thanks for it :)

[NicosMind]

I would really love to know what Karl has learnt. Im looking to start a degree this September. Karls awesome

Im going to go back and replay this. Too late at night and im finding it a bit hard to absorb this. I know i agreed with everything he said but i cant remember what lol.

[banjojambo]

Let every household have a computer set themselves up as there own bank and pay the interest to themselves CREDIT CRISIS SOLVED

[Bassmarko]

Love your option. Where do I sign up. BK laws and lending standards would quickly reset things. How do we give your ideas teath?

[spathieluder]

I like to format of your new vids. Unlike the old ones, you are not making funny faces or squealing to get your point across.

[tonyopmoc]

banjojambo,

Can you lend me $1,000?

I promise to pay you $1,000 back in 20 years time.

Is that O.K.?

[banjojambo]

no I would rather spend five minutes putting your name in my computer loan you money I DONT HAVE and sit on my fat ass all day while you work like a slave to pay me back money I never had

[banjojambo]

how about we the people confiscate all monies paid in interest and then imprison all those involved in the business of charging interest for money they never had

[DefenceSpeech]

Denninger for congress!!

[MrBankRuns]

We have to close the banks. RUN on them one at a time.

[tonyopmoc]

Karl, Can you invest some of your trading profits into buying a new camera with a decent microphone? You occasionaly say something interesting. The video quality is acceptable, but the sound quality is absolutely dire. There is a possibility that the problem is not with your microphone but with the way you upload to youtube. Maybe you have ticked the wrong sound quality box.

As regards the content of what you are saying, you should get a friend to heavily edit them and simplify what you say.

[fal2grace]

Very practical and logical. Thanks!

[tyronebiggums3]

Resolve it now? Nah. Housing bottoms in 2013. Cheers!

[mejt223]

Let the banks fail!!!!!!!!!!!

[Raycheetah]

Karl, if at all possible, you need to condense this down, simplify it as much as can be done, and still maintain the basic points, and get it in front of the greater mass of tax-paying citizens. Otherwise, they just won't get it, and will never more than dimly comprehend the problems with the current system. ='[.]'=

[1mealperday]

i agree and while we critizice those who help us...........sir would you do it again in the nude?

mayhap wearing a pink hat!

I understood the entire thing. And i claim to be a slow learner, also for me personally the sound was good. Thanks again

[housebrand]

Maybe this is a valid suggestion... the idea of simplifying this not to reach tax-payers so much, as to reach contestants in the 2010 elections -if these issues, and the failure of congress to address them become simpler to understand, incumbents might sweat upcoming primaries a little bit more.

[erikslapp]

This is an INTENTIONAL destruction of the economy for control. You must be kidding thinking this is all an accident. Go search Youtube for "How to Brainwash a nation" and see what is being done right now. Simple. Know Jesus to live eternally and forget about this world. Watch the video for the truth.

[rjv1415]

Excellent points Karl, the problem is not the government, the people are to stupid to realize what happened. Look at the election this past November , the same clowns on the committees were put back in office. Clowns like Frank, Pelosie, etc. Until the whole voting population wakes up and starts demanding to congress things have to be changed. Remember the full faith and credit of the US is only as good as the people paying their taxes. Until this changes things will go bad and crash.

[wcarlpdrysdale]

Karl , this is Carl , and I engaged you in debate : the debate rests on the title to property in Florida , all title reverts back to a letter from queen Isabella of Spain to Cristefer Columbus,,, dose this one "letter" enslave us all , or not ?

[wcarlpdrysdale]

She eventually agreed to sponsor his voyage of exploration, appointed him admiral and granted governorship over any lands he discovered plus ten percent profit. She sent him on his way on August 3, 14

[Annihilate3275]

interesting video

[d3adp001]

stop speculation period.

If you gamble you will lose.

[chena3]

too much credit

became too much debt...

simple solution...

limit credit

call in debt ..

live free or die.....

[banjojambo]

CAN you explain why the hell we should pay interest ?

[Alfrunk]

How will the jews make a living if they can't charge interest? Usury is their bread and butter. You know they're not going to get real jobs.

[wcarlpdrysdale]

aaaah how about " no one can own anthers home ?

[FatLibertarian]

Was it in the 1830's that President Jackson stuck it to the national banks (I think) by putting federal money in STATE banks. The national banks responded by calling their loans to the state banks due. They caused a depression. They'll do that again if we get in the way of their dominance in this economic system.

[jhtrico1850]

Karl, you made it to CNBC, hopefully the White House will start listening :)

[FatLibertarian]

Yeah seriously. If Obama just listened to Karl instead of the current crop of economist-clowns he's listening too, we'd be on the road to recovery. Ironically, as a libertarian - I don't want this system saved because it'll just happen again down the road when people like Karl are not around. But still..

[wcarlpdrysdale]

Is any thing based on a farce also a farce ?

[TheRealVerbz]

Bingo!

The world we live in.

95% of people's entire perception of reality is a farce

and people base their lives upon their perceptions.

[dconjar]

Everyone needs to forward this video to the green shoot smokers on CNBS.

[Mpul]

This is too sane, too practical, and too real. So it's likely our govt that is currently OWNED by the biggest banks will never ever do it.

[CaliforniaArchitect]

Karl, you're against credit bubbles and I am too. But I also oppose the federal debt bubble which I don't think is sustainable either. We have to get away from the idea that the government has to stimulate the economy with more debt. It will eventually take this country down and leave us completely vulnerable to foreigners.

[Rockerchic4God]

KD for Prez '12!!!! He's got my vote.

[InkedXyz]

Thanks Karl for all of your work.

[motorolarules]

Brilliant.

[ckekinit]

Karl you makw Sense.

Unfortunately, our Gov't lives in Bizarro World. I would not be surprised if a Quadrillion $ Deficit is the norm in the future?

[Piett2]

I think the problem is, that after seeing considerable trouble to have all this economic mayhem happen, "they" are not very keen to have their plan ruined with good intentions/ideas.

[Repomex01]

I think this kensyian system is at its inevitable end of its final boom and bust cycle. It will never be the same, the time is ticking.

[Atoyota]

Awesome Karl...

[Tintube123]

Karl...you have put forward common-sense ideas.

However, you know that the Media will not debate you on these concepts, because their job at this time is to sell BS "green shoots"

It would seem that unfortunately unless you are a lobbyist or a CEO of a large bank, you will not be able to reach the decision makers.

Other questions that are common-sense: audit the gold in Fort Knox and Land Reform (taxing land instead of wages)

All the best.

[rexoid]

It all makes sense to me, every single point. That may be the death of it..our GOV is not interested in saving the country; or doing things that make sense. They are interested in getting the campaign contributions from the predatory lenders. It is a virus that kills the host so fast..it kills itself.

[lightleague]

Sorry Karl... our leaders aren't looking for rational solutions. Please try again. ;-P