Like how he says if we didn;t bail them out .. the system would have collapsed...I thought about this.. and my questions is ... why not let it fall apart....some nasty pain... but for everyone .. and the ones that caused it .. don't get bailed out ..they get hurt too......We build something new... hopefully something that is sutainable.... something not built on greed
Yes Financial collapse is part of their plan. Get every normal person starving/struggling and then while they aren't paying attention finish with the final solution. FASCISM and disease
@smbcomcast..your comment is wrong on every level. It is exactly people like trump who create the problems. Him and so many others who influence market economies etc. If a bank can create quantative easing in the tune of 70 billion and give it to the banks...why cant it create billions for the people to release debt. The current system requires everyone to be in debt...or else there would be no money. Money is simply DEBT....with no intrinsic value.
The Lord JESUS is coming soon everything is happening just as Christ fortold. Christ told us that satan would hi jack the christian church and install the anti christ in it a false religious man who will decieve the whole world and who will make a new world order in the last days. The pope is that man that anti christ he killed the saints changed the sabbath day called himself JESUS'S EQUAL and sits in Rome and rules over the illuminati satanic families which he started through the JESUITS
Israheelll control Amerika and european gov,Bible tell us in Revelation 2:9,3:9 that Ashkenazi jews are Khazars,liars and have adopted judaism in 760 black see kingdom.They are the Synagogue of satan,those communist will be destroy.They are not semitic,Bible Relates that the Khazar (Ashkenaz) Jews were/are the sons of Japheth not Shem(Genesis 10:1-3)Read this important book for free on internet to understand the whole truth.Who Is Esau-Edom,Who Is Esau-Edom
if there wasnt so many fucking greedy bastard people out there we would have money...i mean there are millionaires billionaires who needs that sort of money i say god or aliens need to come and invade in 2012 and send therm all to fucking hell and let normal people feed their fucking kids and live a normal life
@jerrijayne That's absurd. The fact that Trump has millions does not affect your salary at all. Likewise, taking money from rich folks (a one-time fix) will not solve a thing since it doesn't answer the question, "OK, what do we do next?" A market economy does not work that way. People are not poor because others are rich. It sounds nice but it's just not accurate.
you know what i say, fuck it, let the piece of shit collapse. get guns ammo and food. u think the bullshit they put in hollywood was for special effect?
Many people in America are too selfish.In America a person may get a loan for 5-7% interest rate for 20-30 years and it doesn't matter your age,I know cases when a loan for 30 years was given to a 45 year old man.And you, people, are complaining at banks?Imagine this: tomorrow there will be no banks, no more accounts, no loans, no credit/debit cards.What would be your life?You wouldn't have the oppotunity to buy a house, a car.The american dream would be thrown in the bin. Think about it.
@semilio1 There is a need for banking, but I think the power to create money should be taken away from central banks and commercial banks and returned to the government via "we the people." This current debt based monetary system is a house of cards, and we are beginning to see things unraveling as there are debt crises in Europe, America, and all over the third world.
LIAR! Gary D. Cohn, from Goldman Sachs received $70.3 million from the first batch from the TARP. There were 10 other banks and about 80 cifferent executives that got compensated with OUR money! The FACTS are you guys are raping us! No one threw you out into the ocean! YOU paddled out there yourself, then you jumped off of the boat...asshole, well guess what...now you are in shark infested waters! You are going to get eaten alive...asswipe!
@phliperphil Globalism is inevitable. The question is, who will rule it? Let's see, here, we have about half a billion sovereign thinking people (with a sizeable percentage well armed) and we have a handful of intelligencia with billions of loyal slaves (also well armed)..
In pointing this out, I realize that the FDIC guaranteeing your money if the bank fails creates little incentive for "investors" to make sure the bank isn't making stupid investments, overextending itself, etc.
Just like FEMA guaranteeing reimbursement against damage caused by natural disasters means that people will indiscriminately build in flood plains and hurricane weary coastlines.
Before people had more concern of their banks activities and where they built their houses.
We always have a banking system. Just smaller, community banks. Large banks overextend themselves because they expect bailouts, or don't see the option of going "bust".
Banks used to fail in the past. That was why the FDIC was created. Insurance to the investors that if the bank failed, your money was safe (up to a certain amount).
well maybe that's what we need: "the end of our economic system as we know it" and start over. If you have a job I;m sure you will be paid somehow, and so you can continue, if you have real estate, you can charge your renters to live in their apartments, and you will be paid with something, etc, so we can start over, with a new reformed dollar value. Yes maybe 100 old dollars will equal one new dollar, but so what?
Everyone better Wake up and Wake up fast !. Simply moving your money to a credit union will not lower your risk from the federal government confiscating your wealth very very soon !. The only safest thing people have to do is exchange the majority of their worthless US dollars into physical Silver and Gold. If you don't do this in the coming few months, it will be too late for most of you ! ! ! ! !
The World today is being led by Hidden Deceiving Parasites who use Lies and Mass Propaganda and will Ridicule, Intimidate and Publicly Humiliate Anyone who Tries to EXPOSE the TRUTH! They Control OUR Governments, Media, Banking and virtually every Major Industry in the World! Many are too scared to even Speak Out from fear of loosing their careers! Come Together as ONE UNITED VOICE and Publicly EXPOSE these Hidden Lying Parasites Once and for ALL! Go to; wake-upbeforeitstoolate(dot)com
If these people don't know the answers then what are their high salarys for? i'd be happy to take their wage to tell the people i don't have an answer anymore than they do
...so are you(the government) are going to continue to print more monopoly money causing civil unrest all the way to FED...Congress building and the White House?
Wow, this frames the 3 year long recession debate perfectly in 6 minutes. Nobody knows what's best, our elected officials are indebted to commerce lobbyists and everyone wants the status quo.
BANK RUN -TRINIDAD AND TOBAGO WEST INDIES, REPUBLIC BANK, ROYAL BANK, FIRST CITIZEN BANK and SCOTIABANK thousand of customers simultaneously withdraw all their funds, because they believe that the banks might go into bankruptcy, and for fear of the bank becoming insolvent and that they the customer, will lose all their money.people are putting their money in smaller credit union banks or keeping it at home.
I'm a bit surprised people don't appreciate the gravity of the situation. Either we shouldn't let banks get this big, or we shouldn't allow them to take risks large enough to put them under, either way we shouldn't have to bail out banks, but we DID have to. They don't add nearly as much value as they've been taking, but they do add some value, and had they failed, it would have been tremendously painful. Likely most business would grind to a halt, including air travel and food services.
We've been robbed by a corrupt government with their bankster henchmen. Want to enroll for free to buy precious metals on-line and take delivery? Call me: 435-881-5820.
The banks produce no value, but siphon wealth from the real economy. If the Wall St. banks collapsed, $1 trillion annually taken by bankers would instead remain in the primary production and manufacturing sectors that actually create wealth. How much more competitive would we be with $1 trillion more investment annually in plant and equipment?
@pikesplitman The banks produce opportunity for entrepreneurs who otherwise would have no way to fund their endeavor. That's why investment exists in this form. In other words, if I want to start a restaurant, but have only 100k to put in myself, but I need 300k, I can borrow that from the bank. Without that loan I could appeal to actual humans to loan me the money, but the process is the same. I prefer, and believe in the latter, but the former takes less time. Borrowing still exists either way
Yes the lady on the phone has a better idea, give the money to us. The tax payers will stimulate the economy. I love how he says he uderstands her frustrations, while he rakes in over 500k a year for doing jack shit.
@silencerainbows Quick! run out and buy a TV with money you dont have and pay interest it... just keep waiting, this system makes no sense. were all fukked :(
@silencerainbows Yes waiting it's called patience & this is how hyperinflation starts. It won't be like as quick as 3rd world countries. Remember America has been one of the richest countries in the world. So it's gonna be the worst kind of drawn out death you can imagine. But when it's over in America & things start to change there's other places in the world that are going to be experiencing it same except America will be watching other countries in trouble & worse than America too.
The real reason the US and global economy is doing so bad is because most western economies are based on a central banking concept where you print money which has no real value. You also owe the central bank that prints the money interest on every dollar, therefore the debt is perpetual and insolvent. I honestly don't know how people support this kind of shit.
Yeah, "it would have been the end of the economic and political system as we know it" which would have meant that the wealthy would have had a massive kick in the balls and there was no way they were going to let that happen. So we have baled out the banks to give the super wealthy time to re-arrange their finances and stiff everyone else with the bill. And if this bloke does not know what to do why has he still got a job?
What an absolute fucking joke that cunt is! You give money to the people, the people stimulate the economy. But you didn't, you stole it and gave it to all your criminal friends on wall street. What, you think we can't work out that all that money has disappeared into thin fucking air?! It's not rocket science, it's basic economics. You fucking banking wankers fucked it and now you think you can chat your way out of it? You're frustrated?! YOU FASCIST FUCK!
are you kidding me? Is this guy telling the U.S. people that they were ignorant about how this unfolded? Come on man, Greenspan knew that lowering interest rates would create a glut of cheap credit that would undermine sound lending practices. This was a set-up job
@Korlad1 America can't be bankrupt? Well, but it can be bombed! Expect it to happen soon. Oh, and yes - how does it feel paying 100s of thousands of borrowed dollars for having own mind shitted in?
@Korlad1 Correct, but it depends on what kind of debt it is and who it is allegedly owed to. The national debt is based on loans made from thin air, ie. FIAT currency, so yes, you can write that off just as easy as you can write off credit cards. The debt is FAKE! Now, if YOU and ME sign a VALID contract, the debt is valid. Instead of taking an economics class and having someone else GIVE you your point of view, DO YOUR OWN RESEARCH!
Go buy the "Flame Of Fire" song by trektotrango at itunes for flippen .99 cents and you just discovered the only solution to this age-old problem, you can watch a snippet video of the song at the link at the bottom of this post.
...and that's the point MR KANJORSKI.. you are Polish by ancestry but as STUPID as and average AMERICAN. SHAME on YOU!! ..and so, GO DOWN with the JEW!!!
So long as Jews are living in America there is no chance of an economic crash its all just smoke and mirrors to get the world off their fat asses and do some work. You Know time to give the Chinese a break
Yes the end of the political and economy as we know it. But that's what it's being engineered to do, it has to fail so your government can put in it's new socialism and control, think agenda 21
@charlespontoon yup.. i totally agree with you 100%... i mean.. the government knows how to fix the economy overnight... yet they keep doing the same dumb things over and over and over. They must be trying to set up some sort of agenda.. or at the very least, lobbyists pay off the government so they can use the bubbles to make money while the little people suffer.
This is correct but the problem is that the bankers and elite groups are stronger than the politicians.
Every president who recognized the root cause of the problem and tried to eliminate the problem by shutting down the FED was assasinated (Abraham Lincoln, John F. Kennedy, etc.)
Federal Reserve was constructed a good century after Lincoln was assassinated but I know what u are talking about. he tried to do something about the economy in his day. smh
Economy managed by Finance is a scam. You need to eliminate national debt created by money interest due by government on national public debt, but more important we need to get rid of paper money as paper money is a scam and is just a form of slavery, a bigger one than the Roman one: now you've got to manage your life, the master don't have to do it anymore!
this guy is not saying why not let the banks crash and arrest the banksters he is a scam artist or he does not understand what happened ,THE FUCKER PAULSON SPENT MOST OF THE MONEY BAILING OUT GOLDMAN SACH THROUGH AIG
THIS GUY IS A MORON AND A TRAITOR. HE SHOULD BE ARRESTED WITH THE BANKSTERS
@sundancekid122 Y I say this cautiously, antiques, even some vinyl records and art can actually also bring about a good return, you just have to be careful what you buy. But buy well and in 20 years there will be a good return on your investment. I know someone who has done this and even now there is a good return after only three months.
As for stock ho hum, well, there is either going to be a huge collapse or a huge loan which will displace that crash, which is the worse I don't quite know!
@gininginin Well said.DEMAND Govt create interest free money to lend to people+small business.Repayments(small+spread over MANY years)are added to taxation to fund it all AND health, education etc(a CIVILISED 21st century society)NOT syphoned off into the pocket of the 1% who DIGITALLY transfer it abroad,bleed dry THEIR 99% and MOVE ON. (Banner? Interest Free Money! Interested? WHO Wouldn't Be?) Spread the word-Interest causes inflation-Money is an invention of man-So lets RE-invent it!
The ROOT CAUSE of the crash was LAND. Debt after debt was poured into land because it was not taxed. Gains in LAND are tax free. Loans can be secured against LAND as if repossessed the lender pays no tax on the LAND. So much money was poured into land rather than enterprise that it fell over and took all with it.
SOLUTION: Tax the VALUES of all land and its RESOURCES. Not the house (the CAPITAL), the LAND, ALL LAND, even fields. This means no Income Tax. Look up Geoism.
How's it going everyone? We need to be prepared. I have updated my channel with more preparation videos. A time is coming when money, silver and gold will not help you because you can not eat it or drink it. Knowledge of basic survival will be worth more. Please view all my videos on food and water basic preparations and take good notes and tell everyone you know to view my videos. And if you find this information useful please subscribe and I'll keep posting more useful videos. Thanks
Americans and Europeans are so used to living such a mid-high life style that when there is a recession they don't want to cut back on benefits. Here in South America same shit happened in the 90's and 80's. Peru went through a massive crisis until the president had to SHUT DOWN the economy in 1992. Nowadays, Peru is growing at a stable 8-9% per year. In the 2008 crisis while every single country was losing money, Peru grew 2%. Look it up.
@gininginin I agree with what you say about this being the worst banking scam in history and that we need to create renewable resources. But you can not just get rid of national debt. Getting rid of debt means that there would not be a single penny in circulation for the people to use. Debt = Money. What we need to do is go back to gold standard and scrap the fractional reserve banking system or at the least let government issue intrest free money. But the elite are wont allow this.Good luck all
>>Getting rid of debt means that there would not be a single penny in circulation
I agree with you partially. Most of the national debts are fantasy money owed to banks, and eliminating them would not affect average Joe directly. Greece just got half of its debt condoned (sadly not enough).
>>What we need to do is go back to gold standard
The problem is that the richest already have monopoly on gold.
Most South Africans don't even make R10 an hour ( that's about $1.4). Maybe you American idiots should stop taking loans you can't repay and less of my countrymen would die of hunger
I listened right up until the point where this bald guy admits he supported the bank bailouts. Kill that guy. Nothing else he says after that matters.
who was causing this run on the banks . I don;t remember the american public panicking and withdrawing their money. I think this guy is full of shit . but I can say that about anyone in congress and most likely be right.
HE said they not genuises to help out to a person thats in economic destress; however they tend to be geniuses when it comes to putting money in their pockets....LOL AMERICA PLEASE WAKE UP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
The pope is the anti christ which the lord JESUS warned us about. The pope and jesuits and freemasons and illumanati and the rest of the secret socities control the worlds economy. They are crashing the worlds economy on purpouse so they can set up the pope as The God of this world. This is all satans plan but the lord jesus warned us that this would happen. worship the lord jesus christ only not the pope and you will escape hell. why do you think the us went to iraq it was part of there plan
GenAppo is a blog that gives insight to our generation on economic issues that will impact us. These decision are being made whether or not we get involved. Lets Reclaim Our Future.
Global economic collapse will be deliberate and the result will be one world totalitarian government. That is the actual reason for the takeovers of Iraq and Libya, and that is the reason for the looting of America by its corporations. End Game
if only every1 learned muay thai, the human race would get along so well, and be like. How have u been, dude? How is ur training going? Oh man, i am feeling better than ever, wanna c feel the power of my round kick? Alright, let's go sparring.
EU are unelected burocrats, these unelected burocrats make 90% of the laws for Britain, No wonder criminals have more rights then there victims. Euro have been killed by Greece, Ireland, Portugal ,Spain & Italy. These countries abused Euro by pretending to e bankrupt to extort more money out of European Union.
ive been watching the market for over 10 yrs, i predicted collapse, but there is 1 variable that i struggle with in my analysis.... white old witty rich men...., somehow its staying together,, i have to give a little credit to whoever is keeping it together. IT will all fall apart someday, but predicting it has been very difficult.... if you follow trends... the trends are keeping it going... idk..... when people speak.. the markets change.... wow
CAPITALISM creates ELITE CRIMINALS. DRUG LORDS. INEQUALITY. INSECURITY. GREED. RUTHLESS COMMUNISM. NWO. NAZI. TERRORISM. LAZY PEOPLE. REBEL POLITICIAN. ANARCHY. worst is WAR etc.. etc..
CAPITALISM was designed only for CORRUPT OPPORTUNISTIC MANIPULATIVE LAZY POLITICIAN. BANKERS. LAWYERS. DRUG LORDS. MAGGOT SOCIALITES. CRIMINALS. DICTATORS. RULERS. KING. SULTANATE. EMPEROR etc. etc..
HARD WORKING PEACE LOVING HAPPY HONEST SOCIETY were always the slave victim and poorly starve to death. :(
"Electronic run on the banks" - exactly. Some people have the benefit of automatic stop-loss system that most investors don't; at least the computers know what's up. The computers are programmed to automatically sell below a certain price point, no matter what is going on in the world, and they act immediately and without judgment or questioning, just a simple criterion of the minimum allowable value of an asset to continue holding it.
the economy is not meant to be revived. the us gov. is doing everything in its power to destroy the usd., and usher in a new 1 world currency.they the gov. are only puppets selling out their brothers and sisters for the enlightened ones,who are filled with satan.
God is about to pull down the walls of Jericho ( symbolic of the world monetary system). The church of Jesus Christ will then advance into the promised land (ie the world) and we will see the greatest christian revival the world has ever seen. When jericho was over thrown , the Lord gave the command that everything should be destroyed but the silver and gold. Figure it out for yourself.
he says that huge sums were pulled out of US, he does not say, where it was going to? WHERE? & WHO WAS DOING IT? perhaps he would find out that it was afew banks, doing it.
its even simpler all americans should just strat using gold and silver coin, boycott merchants and stores who are not american enough to take the silver and gold coin
If is true that those people rules the world i m guessing why we are living in a such terrible situation ! A Bad economy , no jobs , low feritly rate ,rising of the islamic foundamentalism in Europe ecc.... WE ARE DYING THE WEST THAT THEY THEORICALLY RULES IS DYING !
Guys i think that the real conspirancy is the scariest thing you ever heard : The real conspracy is that there is no conspiracny , no one cares of what will be of our people . WE ARE ALONE
okey, the economy is pretty bad, can a country suddenly collapse, simple answer NO! Just look how poor other countries are, they are still thriving and strong even w/ a bad economy. Fucking honey lips politicians.
The monetary system is flawed at the root. Planned obsolescence (which is far lower quality stuff than possible) and large amounts of waste are the natural outcomes of the system. As automation displaces jobs, the natural rise in unemployment is framed as individual laziness. Capitalism thrives on scarcity, now artificial. We MUST re-evaluate global currencies as our organizing principal. This is the death knell of all things financial. Adapt and evolve or we'll fall into money hell.
So the tax payers paid for all the bad mortgages these banksters loaned these unsuspecting people whom trusted the banks, and the banksters whom had no intention of honoring these bad mortgage loans ended up throwing everyone out onto the streets!!! Then where bailed out! I do not blame the american people whom lost there homes. I blame the banksters. The banksters should have gone Bankrupt for making bad loans knowing what they were doing!
@bkl139 Nah, Goldman Sachs fills the Treasury department. The "Federal" Reserve claims any space that's left in it. They overturned Glass-Steagal so they could make these bad mortgage deals, and organized to steal three million Americans' property. When the balloon interest came, mass defaults hit, just as they'd planned to see. The panic over that unpayable debt was the excuse to bail them out for the fraud they lent.
Listen carefully to the lying scumbag, he lays out the greatest fleecing of Americas wealth in history only he leaves out the actions taken by the criminals once the monies were approved..Paulson, you have o love that SOB robbs Americans of 200 million dollars and authorizes the release with the swipe of his own pen, sneering in the face of congress that criminal and his croanies continued to fleece this country..But whos fault is that?? IT'S YOUR FAULT, ALL AMERICANS ARE RESPONSIBLE FOR DOING N
as long as the jews are controling your finances, you will have trouble.
read the book "The House of Rothschild: Volume 2: The World’s Banker: 1849-1999", by Niall Ferguson and see how they took over the world's financial system
read how they make money out of financial crisis....and read how they work so hard to kep non-jews well away from the top of the system, or under strict control.
when your economy falls, and you end up working for them, you'll know who to blame at least.
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To most people, this is not a game. It's food on the table, it's shelter, it's security for the future that the economy is fixed. To the privileged few and lucky ones, this is merely a game that's lost that they can easily recover from.
I've heard it said that the end of Glass-Steigal in the 90s deregulated the banking system to allow mortgage banks to become investment banks, that is, to make speculative bets with their holdings. Under high leverage, these banks were caught holding a hot potato of bad assets that they tossed to the taxpayer through the bailouts. Ouch.
@radicalsquare The Clinton administration forced, Under threat from attorney general Janet Reno and the "Fair Housing Act" to make loans to people for homes that could not afford them. As a result the banks ended up bundling these "bad" loans. All these were dumped on and the losses were covered up through the federalization of Fanny Mae and Freddy Mac. Then the bailout was to farther cover the losses. These investments were ran through hedge funds and speculated on and inflated artificially
The American government should have let the banking sytem collapse, true the political system would have changed as far as the politicians would be out of the pockets bankers since they would have all collapsed. One good thing plus one good thing equals one big great thing.
@Seedofwinter ummm... maybe fluoride? prozac? other drugs? television? lack of education? 75% in poverty? maybe a combination of these things....why did poor whites in the colonies fight the revolutionary war against england for the aristocrats when many of them knew nothing would change for them..? desperation? maybe people are trying to hold on to the couple freedoms they have left. human beings are pretty primative, on some level they enjoy being controlled...
@txl301md LOL Not this human being. I can't stand when the government --or media--tries to manipulate me.
It's unsustainable though. The American people CAN'T STAND our Congress, they have a 11% approval rating, with 80% saying they would change their Congressman or woman. Let these politicians continue to play ball for the special interests, and America is going to face massive destabilization. People can only take but so much. It's only a matter of time, at this rate, until America sees red
@Seedofwinter let us hope so my friend. fear is a powerful tool and will continue to be so for the world elite. The only reason why other countries are currently "revolting" is because we are inciting the revolts..ex.i used to think Lybians were poor until i did the research. They actually had no debt and plenty of gold reserves(were preparing other african/arab nations to stop using paper money...that is why Gaddafi was targeted...that is why the "rebels" have links with al-queda...chessgame
@txl301md `You sound like you've done your research. I'm going to look into what you have just said about gold. I know better than to think that the UK and France are humanitarians.
@Seedofwinter I have done a fair amount. At the end of the day it is just a theory as we can never know the degree to which each of these factors influence final decisions. However, considering Brzezinski appears to play a prominent role in Obama's foreign policy, this all fits his "Grand Chessboard" world view. The goal is to prevent short term collapse. I would look at Lybia's official records for stats..here is a good summary of the theory in the meantime: watch?v=rgdn0bNsMkQ&feature=feedlik
LIBYA- NATO- rebels: ethnic cleansing of the town of Tawerga with 10,000 inhabitans !
Look how intelligently the newspaper manipulates ethnic cleansing in the title !
telegraph. co. uk/news/worldnews/africaandindianocean/libya/8754375/Gaddafis-ghost-town-after-the-loyalists-retreat.html officer of the rebels: "We said if they didn't go, they would be conquered and imprisoned. Every single one of them has left, and we will never allow them to come back."
instead of bailing-out the phoney investmank-banks, the U.S. government could have done one thing, which even costed anything:
to guarantee the selling-price of all houses at a certain date, let's say August, 1st 2008. no-one would then be homeless, all the investors would strive to buy because of the stop-loss of American mortgages, and only the casino-banks would have gone bankrupt. but now the banksters got what the liked: a deprived middle-class
All Thats Happening Is Our DEMISE By Their DESIGN.
Nothing That Is Destroying Nations Is By CHANCE ACCIDENT.
...so....Beware of GOLD....At These Prices it is the "Housing Bubble" Part 2.....a severe food crisis will Crash Gold Value....ever try to eat Gold coins?....After a few days and food is gone...the "money changers" know you will give up All Gold to feed your Starving Family...for a month, a week,...a day?....then they will have your home...car...savings...retirement funds.......Guns???..
Oh I understand what the banks were doing and they still are, only this time it will be much much worse. Go watch the documentary "Inside Job" about 2009 collapse to see the truth. The outstanding debt because of the dirivatives scam is estimated to almost $1 quadrillion. The world banks are right now passing around a $50 trillion debt. It's only a matter of time and we are going to experience the greatest GLOBAL depression imagineable and the bankers are beyond wealthy.
@ee121173 They have already told us what they are doing, they have been saying it for years even, they are moving China into power. They do not feel that the American system(Any part of it) is sufficient/it is to primitive. In reality though, I think it is all about shifting the balance of power, more for those that have it, less for everyone else. THEY know what they are doing, and THEY do not give a good goddamn about anyone else.
Aug-26-2011-- It wouldn't hurt to be prepared for possible economic / food disruptions that may arise as a result of the debt crisis or storms and droughts. Prepare your food reserves now.
Like how he says if we didn;t bail them out .. the system would have collapsed...I thought about this.. and my questions is ... why not let it fall apart....some nasty pain... but for everyone .. and the ones that caused it .. don't get bailed out ..they get hurt too......We build something new... hopefully something that is sutainable.... something not built on greed
ybet1000 3 hours ago
THE AMERICAN EXPERIMENT IS OVER.
glower125 2 days ago
WHAT A FUCKING LIAR. 700 BILLIONS WAS A PURE GIFT. BASICALLY OBAMA'S PAYOFF TO THE ZIONIST BANKERS FOR LETTING HIM GETTING ELECTED.
PEOPLE, YOUR GOVERNMENT IS NOTHING BUT A MAFIA, THEY CARELESS WHAT HAPPENS TO YOU, THEY WANT YOU OBEDIENT, TAX PAYING AND DRUNK FAT DUMMIES.
glower125 2 days ago
Yes Financial collapse is part of their plan. Get every normal person starving/struggling and then while they aren't paying attention finish with the final solution. FASCISM and disease
icecomet800 6 days ago
@smbcomcast..your comment is wrong on every level. It is exactly people like trump who create the problems. Him and so many others who influence market economies etc. If a bank can create quantative easing in the tune of 70 billion and give it to the banks...why cant it create billions for the people to release debt. The current system requires everyone to be in debt...or else there would be no money. Money is simply DEBT....with no intrinsic value.
119supersniper 1 week ago
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The Lord JESUS is coming soon everything is happening just as Christ fortold. Christ told us that satan would hi jack the christian church and install the anti christ in it a false religious man who will decieve the whole world and who will make a new world order in the last days. The pope is that man that anti christ he killed the saints changed the sabbath day called himself JESUS'S EQUAL and sits in Rome and rules over the illuminati satanic families which he started through the JESUITS
vladimirkovalski 1 week ago
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Israheelll control Amerika and european gov,Bible tell us in Revelation 2:9,3:9 that Ashkenazi jews are Khazars,liars and have adopted judaism in 760 black see kingdom.They are the Synagogue of satan,those communist will be destroy.They are not semitic,Bible Relates that the Khazar (Ashkenaz) Jews were/are the sons of Japheth not Shem(Genesis 10:1-3)Read this important book for free on internet to understand the whole truth.Who Is Esau-Edom,Who Is Esau-Edom
Welcome to Jew World Order
goldberg823 2 weeks ago
a second treasury? a second society? FUCK YOU ASSHOLE, exterminating the 99% when you are 1% won`t get you anywhere, its 99 vs 1, you`re fucked.
RitchieJake 2 weeks ago 2
The Eternal Prison is expanding it's walls......
gcanuck2 2 weeks ago
Maybe she has a better idea."We are not any Genusis" Thank you thats all we needed to hear
dboogiecountrykidd 3 weeks ago
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This is what I know...
"Life is like a shit sandwich.
The more bread you have,
the less shit you have to eat."
tyme4mike 3 weeks ago
I keep hearing him say "buying bad asses".
AvmanM 3 weeks ago
if there wasnt so many fucking greedy bastard people out there we would have money...i mean there are millionaires billionaires who needs that sort of money i say god or aliens need to come and invade in 2012 and send therm all to fucking hell and let normal people feed their fucking kids and live a normal life
jerrijayne 3 weeks ago
@jerrijayne That's absurd. The fact that Trump has millions does not affect your salary at all. Likewise, taking money from rich folks (a one-time fix) will not solve a thing since it doesn't answer the question, "OK, what do we do next?" A market economy does not work that way. People are not poor because others are rich. It sounds nice but it's just not accurate.
smbcomcast 2 weeks ago
you know what i say, fuck it, let the piece of shit collapse. get guns ammo and food. u think the bullshit they put in hollywood was for special effect?
ILLZUKUNT 3 weeks ago
It has been "24 Hours" for a little while now. Think maybe you should change the title? The content has little to do with anything, at this point.
IWannabeJew 3 weeks ago
Many people in America are too selfish.In America a person may get a loan for 5-7% interest rate for 20-30 years and it doesn't matter your age,I know cases when a loan for 30 years was given to a 45 year old man.And you, people, are complaining at banks?Imagine this: tomorrow there will be no banks, no more accounts, no loans, no credit/debit cards.What would be your life?You wouldn't have the oppotunity to buy a house, a car.The american dream would be thrown in the bin. Think about it.
semilio1 4 weeks ago
@semilio1 There is a need for banking, but I think the power to create money should be taken away from central banks and commercial banks and returned to the government via "we the people." This current debt based monetary system is a house of cards, and we are beginning to see things unraveling as there are debt crises in Europe, America, and all over the third world.
josephc28 4 weeks ago
@semilio1 I agree, for the most part.
jjobie 3 weeks ago
this guy shoould be shot on sight
77cambria 1 month ago
LIAR! Gary D. Cohn, from Goldman Sachs received $70.3 million from the first batch from the TARP. There were 10 other banks and about 80 cifferent executives that got compensated with OUR money! The FACTS are you guys are raping us! No one threw you out into the ocean! YOU paddled out there yourself, then you jumped off of the boat...asshole, well guess what...now you are in shark infested waters! You are going to get eaten alive...asswipe!
mudblogger66 1 month ago
If we could tear down all banks, plow the soil and sow wheat would that sound attractive?
Jaskasll 1 month ago
are you idiots waking up yet to your bought off globalist federal govt..huh???
phliperphil 1 month ago
@phliperphil Globalism is inevitable. The question is, who will rule it? Let's see, here, we have about half a billion sovereign thinking people (with a sizeable percentage well armed) and we have a handful of intelligencia with billions of loyal slaves (also well armed)..
jeffthecoder 1 month ago
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These hoods are robbing us, there taking from the poor and giving to the rich!
Romerosays 1 month ago
In pointing this out, I realize that the FDIC guaranteeing your money if the bank fails creates little incentive for "investors" to make sure the bank isn't making stupid investments, overextending itself, etc.
Just like FEMA guaranteeing reimbursement against damage caused by natural disasters means that people will indiscriminately build in flood plains and hurricane weary coastlines.
Before people had more concern of their banks activities and where they built their houses.
brendanmcwilliams 1 month ago
We always have a banking system. Just smaller, community banks. Large banks overextend themselves because they expect bailouts, or don't see the option of going "bust".
Banks used to fail in the past. That was why the FDIC was created. Insurance to the investors that if the bank failed, your money was safe (up to a certain amount).
brendanmcwilliams 1 month ago
hmmm, is that Joe Peschi on the phone?
chedachz68 1 month ago
well maybe that's what we need: "the end of our economic system as we know it" and start over. If you have a job I;m sure you will be paid somehow, and so you can continue, if you have real estate, you can charge your renters to live in their apartments, and you will be paid with something, etc, so we can start over, with a new reformed dollar value. Yes maybe 100 old dollars will equal one new dollar, but so what?
creativeprojects720 1 month ago
USA stands for greed, lies, hate, terror, war and death of millions of innocent.
EternalLoveBliss 1 month ago
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Everyone better Wake up and Wake up fast !. Simply moving your money to a credit union will not lower your risk from the federal government confiscating your wealth very very soon !. The only safest thing people have to do is exchange the majority of their worthless US dollars into physical Silver and Gold. If you don't do this in the coming few months, it will be too late for most of you ! ! ! ! !
vid009 1 month ago
How America is destroying the earth
Search For the new series
"THE GREAT DISASTERS"
eliasmouawad 1 month ago
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The World today is being led by Hidden Deceiving Parasites who use Lies and Mass Propaganda and will Ridicule, Intimidate and Publicly Humiliate Anyone who Tries to EXPOSE the TRUTH! They Control OUR Governments, Media, Banking and virtually every Major Industry in the World! Many are too scared to even Speak Out from fear of loosing their careers! Come Together as ONE UNITED VOICE and Publicly EXPOSE these Hidden Lying Parasites Once and for ALL! Go to; wake-upbeforeitstoolate(dot)com
einrib4truth 1 month ago
If these people don't know the answers then what are their high salarys for? i'd be happy to take their wage to tell the people i don't have an answer anymore than they do
goldnsilverdoit 1 month ago
...so are you(the government) are going to continue to print more monopoly money causing civil unrest all the way to FED...Congress building and the White House?
POC777 1 month ago
what do you have to sell, america?
geoffroymen 1 month ago
Wow, this frames the 3 year long recession debate perfectly in 6 minutes. Nobody knows what's best, our elected officials are indebted to commerce lobbyists and everyone wants the status quo.
nolimitsodja 1 month ago
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BANK RUN -TRINIDAD AND TOBAGO WEST INDIES, REPUBLIC BANK, ROYAL BANK, FIRST CITIZEN BANK and SCOTIABANK thousand of customers simultaneously withdraw all their funds, because they believe that the banks might go into bankruptcy, and for fear of the bank becoming insolvent and that they the customer, will lose all their money.people are putting their money in smaller credit union banks or keeping it at home.
leef0flife 1 month ago
I'm a bit surprised people don't appreciate the gravity of the situation. Either we shouldn't let banks get this big, or we shouldn't allow them to take risks large enough to put them under, either way we shouldn't have to bail out banks, but we DID have to. They don't add nearly as much value as they've been taking, but they do add some value, and had they failed, it would have been tremendously painful. Likely most business would grind to a halt, including air travel and food services.
quietly 1 month ago
Just talking heads. Just like actors on a stage.
twixcookie 1 month ago
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rdc78 1 month ago
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We've been robbed by a corrupt government with their bankster henchmen. Want to enroll for free to buy precious metals on-line and take delivery? Call me: 435-881-5820.
TulaiMr 1 month ago
The end of the system as we know it. Yeah...they don't want that to happen do they!!!!
MrShiz75 1 month ago
Kanjorski is a joke. Watch Ron Paul destroy him on CNBC
USTreasuryBond 1 month ago 2
The banks produce no value, but siphon wealth from the real economy. If the Wall St. banks collapsed, $1 trillion annually taken by bankers would instead remain in the primary production and manufacturing sectors that actually create wealth. How much more competitive would we be with $1 trillion more investment annually in plant and equipment?
pikesplitman 1 month ago 13
@pikesplitman The banks produce opportunity for entrepreneurs who otherwise would have no way to fund their endeavor. That's why investment exists in this form. In other words, if I want to start a restaurant, but have only 100k to put in myself, but I need 300k, I can borrow that from the bank. Without that loan I could appeal to actual humans to loan me the money, but the process is the same. I prefer, and believe in the latter, but the former takes less time. Borrowing still exists either way
bdgrey 1 month ago
Yes the lady on the phone has a better idea, give the money to us. The tax payers will stimulate the economy. I love how he says he uderstands her frustrations, while he rakes in over 500k a year for doing jack shit.
sp77776 1 month ago
haha Kanjorski...Watch the video Ron Paul Kanjorski. It is a smackdown!!
USTreasuryBond 1 month ago
What a liar and crook.
oliverdyer 1 month ago
If we had common sense people like that caller running this country,we would be a stronger nation for sure.
KJBPSkipper 1 month ago
In 24 hours? Well Dr. Doom it's November 2011 now and we're like still waitin.
silencerainbows 1 month ago
@silencerainbows Quick! run out and buy a TV with money you dont have and pay interest it... just keep waiting, this system makes no sense. were all fukked :(
LimeyCanuck83 1 month ago
@LimeyCanuck83 ya right, I hope this system goes belly up soon and I can watch it on a big TV screen with some beer and a bag of chips! ;=D
silencerainbows 1 month ago
@silencerainbows Yes waiting it's called patience & this is how hyperinflation starts. It won't be like as quick as 3rd world countries. Remember America has been one of the richest countries in the world. So it's gonna be the worst kind of drawn out death you can imagine. But when it's over in America & things start to change there's other places in the world that are going to be experiencing it same except America will be watching other countries in trouble & worse than America too.
devided1001 1 month ago
The real reason the US and global economy is doing so bad is because most western economies are based on a central banking concept where you print money which has no real value. You also owe the central bank that prints the money interest on every dollar, therefore the debt is perpetual and insolvent. I honestly don't know how people support this kind of shit.
BigMrSox 1 month ago
only Rome can wipe out your tribute money. In recent years british queen ? had to pay tax - who to - think about it
emilee2u 1 month ago
@Korlad1
Why can't we just wipe out debt? Nobody owes anything. Why wouldn't that be great?
hootiepaladin 2 months ago
Yeah, "it would have been the end of the economic and political system as we know it" which would have meant that the wealthy would have had a massive kick in the balls and there was no way they were going to let that happen. So we have baled out the banks to give the super wealthy time to re-arrange their finances and stiff everyone else with the bill. And if this bloke does not know what to do why has he still got a job?
litesp33d 2 months ago
What an absolute fucking joke that cunt is! You give money to the people, the people stimulate the economy. But you didn't, you stole it and gave it to all your criminal friends on wall street. What, you think we can't work out that all that money has disappeared into thin fucking air?! It's not rocket science, it's basic economics. You fucking banking wankers fucked it and now you think you can chat your way out of it? You're frustrated?! YOU FASCIST FUCK!
iRob420 2 months ago
@iRob420 Normally I'm a peaceful man, but if I ever see him I will personally rip out his anal sphincter and feed it to him.
iRob420 2 months ago
Yeah, "it would have been the end of the economic and political system as we know it"... and the downside is...???
melbyRick 2 months ago
are you kidding me? Is this guy telling the U.S. people that they were ignorant about how this unfolded? Come on man, Greenspan knew that lowering interest rates would create a glut of cheap credit that would undermine sound lending practices. This was a set-up job
kcharles66 2 months ago
@kcharles66 Right on the money! It's a con job - why don"t more people get it?
silencerainbows 1 month ago
@Korlad1 America can't be bankrupt? Well, but it can be bombed! Expect it to happen soon. Oh, and yes - how does it feel paying 100s of thousands of borrowed dollars for having own mind shitted in?
coturnix19 2 months ago
@Korlad1 Correct, but it depends on what kind of debt it is and who it is allegedly owed to. The national debt is based on loans made from thin air, ie. FIAT currency, so yes, you can write that off just as easy as you can write off credit cards. The debt is FAKE! Now, if YOU and ME sign a VALID contract, the debt is valid. Instead of taking an economics class and having someone else GIVE you your point of view, DO YOUR OWN RESEARCH!
bluesjammingman 2 months ago
USA Should just declare bankruptsy they're so fucked and that would hit the right people
jo461993 2 months ago
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Go buy the "Flame Of Fire" song by trektotrango at itunes for flippen .99 cents and you just discovered the only solution to this age-old problem, you can watch a snippet video of the song at the link at the bottom of this post.
TrekToTrango 2 months ago
marxist retard
Lentenlands 2 months ago
"We're not the experts" there has never been a more true statement about politicians!!
cresidue 2 months ago
...and that's the point MR KANJORSKI.. you are Polish by ancestry but as STUPID as and average AMERICAN. SHAME on YOU!! ..and so, GO DOWN with the JEW!!!
cezaryf1 2 months ago
So long as Jews are living in America there is no chance of an economic crash its all just smoke and mirrors to get the world off their fat asses and do some work. You Know time to give the Chinese a break
TheBloodcleaner 2 months ago
Yes the end of the political and economy as we know it. But that's what it's being engineered to do, it has to fail so your government can put in it's new socialism and control, think agenda 21
charlespontoon 2 months ago 7
@charlespontoon yup.. i totally agree with you 100%... i mean.. the government knows how to fix the economy overnight... yet they keep doing the same dumb things over and over and over. They must be trying to set up some sort of agenda.. or at the very least, lobbyists pay off the government so they can use the bubbles to make money while the little people suffer.
americanIDOLfan11111 2 weeks ago
@gininginin
What you say is to eliminate the FED.
This is correct but the problem is that the bankers and elite groups are stronger than the politicians.
Every president who recognized the root cause of the problem and tried to eliminate the problem by shutting down the FED was assasinated (Abraham Lincoln, John F. Kennedy, etc.)
nokia3210fuck 2 months ago
@nokia3210fuck
Federal Reserve was constructed a good century after Lincoln was assassinated but I know what u are talking about. he tried to do something about the economy in his day. smh
DivinelyMochaDipped 2 months ago
@DivinelyMochaDipped
Back in the day it was the Bank of America who had the function that the FED has today.
If you are interested in what it's all about with the FED and the criminal bankers, watch this:
youtube (dot) com/watch?v=_9wYu1SR1Wk
nokia3210fuck 2 months ago
@Korlad1 Hi
Economy managed by Finance is a scam. You need to eliminate national debt created by money interest due by government on national public debt, but more important we need to get rid of paper money as paper money is a scam and is just a form of slavery, a bigger one than the Roman one: now you've got to manage your life, the master don't have to do it anymore!
maxbuzzFR 2 months ago
Two years later; now its seventeen TRILLION ! Gave em an inch, they raped us!
Tamoharadasa 2 months ago
This is a set-up call. It is a complete phoney. Good grief what contempt they have for all of us.
anastasia2657 2 months ago
this guy is not saying why not let the banks crash and arrest the banksters he is a scam artist or he does not understand what happened ,THE FUCKER PAULSON SPENT MOST OF THE MONEY BAILING OUT GOLDMAN SACH THROUGH AIG
THIS GUY IS A MORON AND A TRAITOR. HE SHOULD BE ARRESTED WITH THE BANKSTERS
liammateer 2 months ago
there is a great deal of frustration, Ive been thinking lately to put some of my assets into buying gold and silver coins.
sundancekid122 2 months ago
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Sliepnir2006 2 months ago
@sundancekid122 Y I say this cautiously, antiques, even some vinyl records and art can actually also bring about a good return, you just have to be careful what you buy. But buy well and in 20 years there will be a good return on your investment. I know someone who has done this and even now there is a good return after only three months.
As for stock ho hum, well, there is either going to be a huge collapse or a huge loan which will displace that crash, which is the worse I don't quite know!
Sliepnir2006 2 months ago
@gininginin Well said.DEMAND Govt create interest free money to lend to people+small business.Repayments(small+spread over MANY years)are added to taxation to fund it all AND health, education etc(a CIVILISED 21st century society)NOT syphoned off into the pocket of the 1% who DIGITALLY transfer it abroad,bleed dry THEIR 99% and MOVE ON. (Banner? Interest Free Money! Interested? WHO Wouldn't Be?) Spread the word-Interest causes inflation-Money is an invention of man-So lets RE-invent it!
Slave2PaperWithInkOn 2 months ago
resource based ecnomy
TheMidwestsk8ter 2 months ago
The ROOT CAUSE of the crash was LAND. Debt after debt was poured into land because it was not taxed. Gains in LAND are tax free. Loans can be secured against LAND as if repossessed the lender pays no tax on the LAND. So much money was poured into land rather than enterprise that it fell over and took all with it.
SOLUTION: Tax the VALUES of all land and its RESOURCES. Not the house (the CAPITAL), the LAND, ALL LAND, even fields. This means no Income Tax. Look up Geoism.
NearAbbeyRoad 2 months ago
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How's it going everyone? We need to be prepared. I have updated my channel with more preparation videos. A time is coming when money, silver and gold will not help you because you can not eat it or drink it. Knowledge of basic survival will be worth more. Please view all my videos on food and water basic preparations and take good notes and tell everyone you know to view my videos. And if you find this information useful please subscribe and I'll keep posting more useful videos. Thanks
hurc662000 2 months ago
@mphello so, so agree. Almost 90% of Americans oppose the bank bailouts. Get these elitist politician douchebags the hell out of washington!!!!!!!!
wb5704 2 months ago
Americans and Europeans are so used to living such a mid-high life style that when there is a recession they don't want to cut back on benefits. Here in South America same shit happened in the 90's and 80's. Peru went through a massive crisis until the president had to SHUT DOWN the economy in 1992. Nowadays, Peru is growing at a stable 8-9% per year. In the 2008 crisis while every single country was losing money, Peru grew 2%. Look it up.
herolll22 2 months ago
@gininginin Well said, the truth, All the best Roger Lowrey
Rogerlowrey2222 2 months ago
This is why we occupy!
macplumber 2 months ago
@gininginin I agree with what you say about this being the worst banking scam in history and that we need to create renewable resources. But you can not just get rid of national debt. Getting rid of debt means that there would not be a single penny in circulation for the people to use. Debt = Money. What we need to do is go back to gold standard and scrap the fractional reserve banking system or at the least let government issue intrest free money. But the elite are wont allow this.Good luck all
chesh1710 2 months ago
@chesh1710
>>Getting rid of debt means that there would not be a single penny in circulation
I agree with you partially. Most of the national debts are fantasy money owed to banks, and eliminating them would not affect average Joe directly. Greece just got half of its debt condoned (sadly not enough).
>>What we need to do is go back to gold standard
The problem is that the richest already have monopoly on gold.
>> let government issue intrest free money.
That's what I would go for. Cheers
gininginin 2 months ago
i don't think he was re-elected in his district.
wellingtonian 2 months ago
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@Korlad1
>>You can't just eliminate all debt, it would cause massive losses and create more debt.
With our current system, there is no money to pay the debt to the central banks. It's a scam.
>>Just like you can't print money as it causes inflation and makes the currency lose value.
It's exactly what's happening now anyway, but worse because of the interest! We need to print debt-free money, just like Lincoln did...
gininginin 2 months ago
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molybdenum metal... check out my vids
carminecar 2 months ago
Most South Africans don't even make R10 an hour ( that's about $1.4). Maybe you American idiots should stop taking loans you can't repay and less of my countrymen would die of hunger
Eugenet9673 2 months ago
@gininginin well said sir
Yukon42088 2 months ago
I listened right up until the point where this bald guy admits he supported the bank bailouts. Kill that guy. Nothing else he says after that matters.
mphello 2 months ago
who was causing this run on the banks . I don;t remember the american public panicking and withdrawing their money. I think this guy is full of shit . but I can say that about anyone in congress and most likely be right.
hobieslug45 2 months ago
600 a week? haha insane.
nem700 2 months ago
HE said they not genuises to help out to a person thats in economic destress; however they tend to be geniuses when it comes to putting money in their pockets....LOL AMERICA PLEASE WAKE UP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
cdpinkney 3 months ago
They just need to get rid of capitalism and money. Create a new system because the people in charge obviously don't know how to manage it properly.
magnetite2 3 months ago
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The pope is the anti christ which the lord JESUS warned us about. The pope and jesuits and freemasons and illumanati and the rest of the secret socities control the worlds economy. They are crashing the worlds economy on purpouse so they can set up the pope as The God of this world. This is all satans plan but the lord jesus warned us that this would happen. worship the lord jesus christ only not the pope and you will escape hell. why do you think the us went to iraq it was part of there plan
vladimirkovalski 3 months ago
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GenAppo is a blog that gives insight to our generation on economic issues that will impact us. These decision are being made whether or not we get involved. Lets Reclaim Our Future.
AppoAgbamu 3 months ago
Global economic collapse will be deliberate and the result will be one world totalitarian government. That is the actual reason for the takeovers of Iraq and Libya, and that is the reason for the looting of America by its corporations. End Game
JZJYRWO 3 months ago
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if only every1 learned muay thai, the human race would get along so well, and be like. How have u been, dude? How is ur training going? Oh man, i am feeling better than ever, wanna c feel the power of my round kick? Alright, let's go sparring.
N1ceV1d 3 months ago
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EU are unelected burocrats, these unelected burocrats make 90% of the laws for Britain, No wonder criminals have more rights then there victims. Euro have been killed by Greece, Ireland, Portugal ,Spain & Italy. These countries abused Euro by pretending to e bankrupt to extort more money out of European Union.
justicepartyuk 3 months ago
ive been watching the market for over 10 yrs, i predicted collapse, but there is 1 variable that i struggle with in my analysis.... white old witty rich men...., somehow its staying together,, i have to give a little credit to whoever is keeping it together. IT will all fall apart someday, but predicting it has been very difficult.... if you follow trends... the trends are keeping it going... idk..... when people speak.. the markets change.... wow
oilgreasetire 3 months ago
@gininginin THE POWERS AT BE WON'T ALLOW IT.
meisdumnet 3 months ago
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neverpayagain dot co dot uk
stromak 3 months ago
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~ * ~ * ~ *~ CALLING ALL RON PAUL SUPPORTERS! ~ * ~ * ~ * ~
Get your butts over to ronpaul2012 . com and donate generously. All Ron Paul merchandise proceeds go to the campaign.
Vote4RonPaulLiberty 3 months ago
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CAPITALISM creates ELITE CRIMINALS. DRUG LORDS. INEQUALITY. INSECURITY. GREED. RUTHLESS COMMUNISM. NWO. NAZI. TERRORISM. LAZY PEOPLE. REBEL POLITICIAN. ANARCHY. worst is WAR etc.. etc..
CAPITALISM was designed only for CORRUPT OPPORTUNISTIC MANIPULATIVE LAZY POLITICIAN. BANKERS. LAWYERS. DRUG LORDS. MAGGOT SOCIALITES. CRIMINALS. DICTATORS. RULERS. KING. SULTANATE. EMPEROR etc. etc..
HARD WORKING PEACE LOVING HAPPY HONEST SOCIETY were always the slave victim and poorly starve to death. :(
kopellhinex 3 months ago
What a load of boring shite
andreasswarfeld 3 months ago
@andreasswarfeld 2:22 , if thats boring to you, i would be interested as to what you find entertaining.
Ponderous.
ToxicHospitality 3 months ago
@ToxicHospitality if you find this exiting, i am not remotely interested in what you find entertaining . Verbose
andreasswarfeld 3 months ago
@andreasswarfeld Exiting? Alright champ.
ToxicHospitality 3 months ago
@ToxicHospitality No .. boring , I already said , Alright . cunt
andreasswarfeld 3 months ago
Did he just admit that he doesn't know what he is doing?
orangeaspossible 3 months ago
"Electronic run on the banks" - exactly. Some people have the benefit of automatic stop-loss system that most investors don't; at least the computers know what's up. The computers are programmed to automatically sell below a certain price point, no matter what is going on in the world, and they act immediately and without judgment or questioning, just a simple criterion of the minimum allowable value of an asset to continue holding it.
rorybz 3 months ago
What money?!?!? SHow it to me. What money are "we going to poor" into anything!?!?!?!
raywint 3 months ago
the economy is not meant to be revived. the us gov. is doing everything in its power to destroy the usd., and usher in a new 1 world currency.they the gov. are only puppets selling out their brothers and sisters for the enlightened ones,who are filled with satan.
silvertogoldman 3 months ago
@silvertogoldman Agreed~ Only--they Aren't "enlightened"...they are Just WANNABES!.....(filled with satan).
88MPJ 3 months ago
God is about to pull down the walls of Jericho ( symbolic of the world monetary system). The church of Jesus Christ will then advance into the promised land (ie the world) and we will see the greatest christian revival the world has ever seen. When jericho was over thrown , the Lord gave the command that everything should be destroyed but the silver and gold. Figure it out for yourself.
simon26479 3 months ago
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Nobody bought dirty assets by mistake. It was purposeful deals and we are destined to live in recession.
If we do not act positively we will die after transferring all the burdens to the next generations. What a loving generation!
SHSATNewYork 3 months ago
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SHSATNewYork 3 months ago
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Everybody needs to see youtube video called:
BANK OF AMERICA WACHOVIA & WELLS FARGO CAUGHT FUNDING MEXICAN DRUG CARTELS
Ysacoelfua 3 months ago
The economy will fail in 2012. An angel
dpmsdealer 3 months ago
he says that huge sums were pulled out of US, he does not say, where it was going to? WHERE? & WHO WAS DOING IT? perhaps he would find out that it was afew banks, doing it.
debunkNEGATOR 3 months ago
You consider yourself a truth seeker?
Seek here
Google; olive farmer crete blogspot
Prepare to be shaken
OliveFarmer1 3 months ago
its even simpler all americans should just strat using gold and silver coin, boycott merchants and stores who are not american enough to take the silver and gold coin
freedom4952 3 months ago
If is true that those people rules the world i m guessing why we are living in a such terrible situation ! A Bad economy , no jobs , low feritly rate ,rising of the islamic foundamentalism in Europe ecc.... WE ARE DYING THE WEST THAT THEY THEORICALLY RULES IS DYING !
Guys i think that the real conspirancy is the scariest thing you ever heard : The real conspracy is that there is no conspiracny , no one cares of what will be of our people . WE ARE ALONE
TheBlackdago 3 months ago
So, where did all the money go from the big 'draw-down' ?
Avdhutaya08 3 months ago
God-damned greedy pricks! Their time is coming to an end. End the federal reserve!!
hotminder 3 months ago
Man why didn't it happen!! Let it fall and start again.
AussiePatriotsParty 3 months ago
fiat currency = fake and gay
sundowner74 3 months ago
Keep your powder dry. And grow a garden, a big garden! Ron Paul 2012
tayronachan 3 months ago
okey, the economy is pretty bad, can a country suddenly collapse, simple answer NO! Just look how poor other countries are, they are still thriving and strong even w/ a bad economy. Fucking honey lips politicians.
ASIANBOYZPRODUCTION 3 months ago
The monetary system is flawed at the root. Planned obsolescence (which is far lower quality stuff than possible) and large amounts of waste are the natural outcomes of the system. As automation displaces jobs, the natural rise in unemployment is framed as individual laziness. Capitalism thrives on scarcity, now artificial. We MUST re-evaluate global currencies as our organizing principal. This is the death knell of all things financial. Adapt and evolve or we'll fall into money hell.
kishind 3 months ago
That woman sounds like she knows more about economics than any politician ive seen lying to the public in the last 3 years.
IAmHaloNoob 3 months ago
So the tax payers paid for all the bad mortgages these banksters loaned these unsuspecting people whom trusted the banks, and the banksters whom had no intention of honoring these bad mortgage loans ended up throwing everyone out onto the streets!!! Then where bailed out! I do not blame the american people whom lost there homes. I blame the banksters. The banksters should have gone Bankrupt for making bad loans knowing what they were doing!
53muse 3 months ago 2
@53muse Not defending the bank but the government forced them to make the bad loans.
bkl139 3 months ago
@bkl139 Nah, Goldman Sachs fills the Treasury department. The "Federal" Reserve claims any space that's left in it. They overturned Glass-Steagal so they could make these bad mortgage deals, and organized to steal three million Americans' property. When the balloon interest came, mass defaults hit, just as they'd planned to see. The panic over that unpayable debt was the excuse to bail them out for the fraud they lent.
kishind 3 months ago
@bkl139 The banks and the government are intertwined believe me no one forced the banks, and alot of that money went over seas to foreign banks!
53muse 3 months ago
Listen carefully to the lying scumbag, he lays out the greatest fleecing of Americas wealth in history only he leaves out the actions taken by the criminals once the monies were approved..Paulson, you have o love that SOB robbs Americans of 200 million dollars and authorizes the release with the swipe of his own pen, sneering in the face of congress that criminal and his croanies continued to fleece this country..But whos fault is that?? IT'S YOUR FAULT, ALL AMERICANS ARE RESPONSIBLE FOR DOING N
unoitaliano 3 months ago
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infowars com
youtube money masters
youtube the american dream
END THE DAM FED
end the fraud
singledad1234 3 months ago
as long as the jews are controling your finances, you will have trouble.
read the book "The House of Rothschild: Volume 2: The World’s Banker: 1849-1999", by Niall Ferguson and see how they took over the world's financial system
read how they make money out of financial crisis....and read how they work so hard to kep non-jews well away from the top of the system, or under strict control.
when your economy falls, and you end up working for them, you'll know who to blame at least.
AUKS00007107 3 months ago
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popovar78 4 months ago
To most people, this is not a game. It's food on the table, it's shelter, it's security for the future that the economy is fixed. To the privileged few and lucky ones, this is merely a game that's lost that they can easily recover from.
MannyHMo 4 months ago
I've heard it said that the end of Glass-Steigal in the 90s deregulated the banking system to allow mortgage banks to become investment banks, that is, to make speculative bets with their holdings. Under high leverage, these banks were caught holding a hot potato of bad assets that they tossed to the taxpayer through the bailouts. Ouch.
radicalsquare 4 months ago
@radicalsquare Well stated, it's exactly how I would have commented...
1pottercounty 4 months ago
@radicalsquare The Clinton administration forced, Under threat from attorney general Janet Reno and the "Fair Housing Act" to make loans to people for homes that could not afford them. As a result the banks ended up bundling these "bad" loans. All these were dumped on and the losses were covered up through the federalization of Fanny Mae and Freddy Mac. Then the bailout was to farther cover the losses. These investments were ran through hedge funds and speculated on and inflated artificially
benshivd 4 months ago
The American government should have let the banking sytem collapse, true the political system would have changed as far as the politicians would be out of the pockets bankers since they would have all collapsed. One good thing plus one good thing equals one big great thing.
daveusaz1218 4 months ago
there is no incentive to work since people can get more living off the gvnmt than working.
quicklady 4 months ago
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ORDINARY PEOPLE are EVIL, they only know GREED, nothing about HUMANITY!!!
Elefantter 4 months ago
all BANKERS are EVIL, they only know GREED, nothing about HUMANITY!!!
gwwong 4 months ago
Look at this weasel try to put a uniform on this BAILOUT. It was a god damn bailout and you KNOW IT.
They get a bailout and nobody else does, and us, the American people, are nonchalant about it. No anger, no protests, no nothing.
I don't know why the American people are so passive.
Seedofwinter 4 months ago
@Seedofwinter ummm... maybe fluoride? prozac? other drugs? television? lack of education? 75% in poverty? maybe a combination of these things....why did poor whites in the colonies fight the revolutionary war against england for the aristocrats when many of them knew nothing would change for them..? desperation? maybe people are trying to hold on to the couple freedoms they have left. human beings are pretty primative, on some level they enjoy being controlled...
txl301md 4 months ago
@txl301md LOL Not this human being. I can't stand when the government --or media--tries to manipulate me.
It's unsustainable though. The American people CAN'T STAND our Congress, they have a 11% approval rating, with 80% saying they would change their Congressman or woman. Let these politicians continue to play ball for the special interests, and America is going to face massive destabilization. People can only take but so much. It's only a matter of time, at this rate, until America sees red
Seedofwinter 4 months ago
@Seedofwinter let us hope so my friend. fear is a powerful tool and will continue to be so for the world elite. The only reason why other countries are currently "revolting" is because we are inciting the revolts..ex.i used to think Lybians were poor until i did the research. They actually had no debt and plenty of gold reserves(were preparing other african/arab nations to stop using paper money...that is why Gaddafi was targeted...that is why the "rebels" have links with al-queda...chessgame
txl301md 4 months ago
@txl301md `You sound like you've done your research. I'm going to look into what you have just said about gold. I know better than to think that the UK and France are humanitarians.
Seedofwinter 4 months ago
@Seedofwinter I have done a fair amount. At the end of the day it is just a theory as we can never know the degree to which each of these factors influence final decisions. However, considering Brzezinski appears to play a prominent role in Obama's foreign policy, this all fits his "Grand Chessboard" world view. The goal is to prevent short term collapse. I would look at Lybia's official records for stats..here is a good summary of the theory in the meantime: watch?v=rgdn0bNsMkQ&feature=feedlik
txl301md 4 months ago
@Seedofwinter Check out OCCUPYWALLSTREET its live!
SkatoholicVideo 4 months ago
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ignored now+in future history:
LIBYA- NATO- rebels: ethnic cleansing of the town of Tawerga with 10,000 inhabitans !
Look how intelligently the newspaper manipulates ethnic cleansing in the title !
telegraph. co. uk/news/worldnews/africaandindianocean/libya/8754375/Gaddafis-ghost-town-after-the-loyalists-retreat.html officer of the rebels: "We said if they didn't go, they would be conquered and imprisoned. Every single one of them has left, and we will never allow them to come back."
edgar0001 4 months ago
instead of bailing-out the phoney investmank-banks, the U.S. government could have done one thing, which even costed anything:
to guarantee the selling-price of all houses at a certain date, let's say August, 1st 2008. no-one would then be homeless, all the investors would strive to buy because of the stop-loss of American mortgages, and only the casino-banks would have gone bankrupt. but now the banksters got what the liked: a deprived middle-class
alfman1961 4 months ago
All Thats Happening Is Our DEMISE By Their DESIGN.
Nothing That Is Destroying Nations Is By CHANCE ACCIDENT.
...so....Beware of GOLD....At These Prices it is the "Housing Bubble" Part 2.....a severe food crisis will Crash Gold Value....ever try to eat Gold coins?....After a few days and food is gone...the "money changers" know you will give up All Gold to feed your Starving Family...for a month, a week,...a day?....then they will have your home...car...savings...retirement funds.......Guns???..
songforamericans 4 months ago
Oh I understand what the banks were doing and they still are, only this time it will be much much worse. Go watch the documentary "Inside Job" about 2009 collapse to see the truth. The outstanding debt because of the dirivatives scam is estimated to almost $1 quadrillion. The world banks are right now passing around a $50 trillion debt. It's only a matter of time and we are going to experience the greatest GLOBAL depression imagineable and the bankers are beyond wealthy.
ee121173 5 months ago 17
@ee121173 EXACTLY SO! Very well stated.
CA2APat 3 months ago
@ee121173 They have already told us what they are doing, they have been saying it for years even, they are moving China into power. They do not feel that the American system(Any part of it) is sufficient/it is to primitive. In reality though, I think it is all about shifting the balance of power, more for those that have it, less for everyone else. THEY know what they are doing, and THEY do not give a good goddamn about anyone else.
XionComrade 3 months ago
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bankers+lawyers+police+judge+politician = DIRTY CAPITALIST SCUM PIGS.
bankers & druglords screwed life & society in human history.
kopellhinex 3 months ago
AHAHAHAHAHAHAAH..10DOLLARS IN HOUR? THATS MOUCH I HAVE WHEN I WORK ALL DAY HAHAHA.....STOP whining AMERICA...
thugstyle86 5 months ago
Drought & Heat Wave 2011 - Food & Water Shortage Imminent!
Aug-26-2011-- It wouldn't hurt to be prepared for possible economic / food disruptions that may arise as a result of the debt crisis or storms and droughts. Prepare your food reserves now.
INFO-AWARENESS - VIKEN Z KOKOZIAN