Rolling Stone: The Great American Bubble Machine PT.1 of 5

[klarekerry]

RON PAUL &JESSE VENTURA AGAINST SENATE BRIBERY!!VOTE RON PAUL THE ONLY CLEAN CANDIDATE!

[razrrlazrr]

Griftopia. Great book!!

Favorite Taibbi quote is the one about Goldman Sachs, calling them a vampire squid wrapped around the face of the country, plunging its blood funnel into anything smelling of money.

[TheSurvivorjunkie]

pf cousre golman sachs runs the goverment its not just a coincidence that the man obama picked as his right hand financial man came out of goldman sachs. most of the high ranking us banking officials came out of goldman sachs..

[sevendst19]

matt.taibbi

@

rollingstone

.

com

[pn2543]

whatever happened to the antitrust laws? Goldman must really own the entire govt to have come out of a crisis where they nearly destroyed the entire global economy smelling like a rose. it is probably too late to break them up though, they are now too powerful and dominate the usa economy, so we will have to stand by and watch a medieval epic of tyranny and collapse play itself out as america goes down for the count, gw bush's alcoholic vengeance finally realized on the country he destroyed.

[xadam2dudex]

@pn2543 the republicans have gutted all regulations.. if u have noticed EXXON was able to merger with Mobil oil and many other mergers have taken place over the last decade or so..these would have never been allowed ....just recently Well Fargo bought Wachovia bank there will soon be only multinational corporations left all other companies will be bought up and run as subsidiaries ..these acquisitions are happening daily

[SilentNoMorePubs]

The simplest, clearest explanation yet of how our monetary system destroys our prosperity is the YouTube video WHY WE ARE IN SO MUCH DEBT. Highly recommended viewing.

[qwertypoiu4321]

The US Federal State CAUSED the economic contraction!

[ixvan1]

People are so retarded. Goldmansachs uses the working class we bail those fat cats asses anyways, People open your mind ..

[axeluk]

I'm rather late discovering Matt Taibbi's important findings on the absolute power and corruptness of Wall Street banking elite. His Rolling Stone article is really worth reading. I hope the truth keeps spreading and we can put a stop to this corrupt system.

[1929spectre]

type in the name peter sutherland and goldman sachs ? goldman sachs bought down greece an orthodox country ,sutherland manages vatican wealth ,sutherland is an goldman sachs executive , man can you smell conspiracy ?

[TheRealPinkMenace]

Are food is stipped off vitamins by genetic engineering. We fight pointless idealogical wars with physical violence. We let a small corrupt men run over entire lives. And we're suppose to we happy we live in America.

[DESKA8181]

i cant believe these pieces of shit

[wolfgangfaust]

welcome to the UnitedStatesOfGoldmanSachs! if barry throws GS totally under the bus, the fireworks show will be incredible. his former WhoreHouse counsel now works for GS. these bastards have been laughing all theway, while they stole the banks, and OUR homes. obamanation taking on GS is like a midget with a knife spitting at a battleship.

[ghahandi]

@wolfgangfaust It will be interesting to see if Obama allows Eric Holden to go after GS with all the power of the US A.G.'s office. Many of the "retreads" surrounding Obama are the GS holdovers from the last administration. Obama has failed in three big campaign promises; 1) Repeal the Patriot Act 2) Close Gitmo 3) stop extraordinairy rendition. I was hoping he would be our first real president siince JFK..but he appears to be more of the same NWO crew~

[ghahandi]

@wolfgangfaust It will be interesting to see if Obama allows Eric Holden to go after GS with all the power of the US A.G.'s office. Many of the "retreads" surrounding Obama are the GS holdovers from the last administration. Obama has failed in three big campaign promises; 1) Repeal the Patriot Act 2) Close Gitmo 3) stop extraordinairy rendition. I was hoping he would be our first real president siince JFK..but he appears to be more of the same NWO crew~

[ghahandi]

@wolfgangfaust Many of the "retreads" surrounding Obama are the GS holdovers from the last administration. Obama has failed in three big campaign promises; 1) Repeal the Patriot Act 2) Close Gitmo 3) stop extraordinairy rendition. I was hoping he would be our first real president siince JFK..but he appears to be more of the same NWO crew~

[ayejoeboy]

Now SEC has filed a civil fraud suit, what would the hate groups against POUS say then? Interesting enough financial giants like GS actually are spokesmen, in words and in deeds, of the neo-liberalist, whose ideology is the sort embraced by those in the GOP who are unifying themselves to block the Senate from debating the Wall Street reform.

[IrisMoonInc]

These are all great comments. Now, what are we going to do to take back our country? I'm good to go.

[ghahandi]

@IrisMoonInc Goldman Sucks is the tip of the iceberg. We now know the power GS wields at the treasury and the Whitehouse. Learn more about the IMF,World Bank, WATCH: 1) CONFESSIONS OF AN ECONOMIC HITMAN 2) HIJACKING CATASTROPHE. Support independents like Ron Paul, Ralph Nader, Jesse Ventura (Dennis Kucinich also has been searching out the truth and the lies) Be not afraid to voice dissent. The Patriot Act's primary goal is to monitor dissent. Support it's repeal.

[TYX91101]

This is Enron times ten. All with the apparent blessing of the government agencies charged with investment regulation. Only continued exposure - and condemnation - will clear the decks. It will create an environment of distrust in Wall Street that will last a generation. Just like 1929.

[jobedied]

Screw logic this charge against Goldman Sachs is nothing but a smoke screen designed to off set some of the anger in the general population. And maybe pass a bunch of loop hole regulations that give the appearance of bringing banks and large investors back into line. One super large subterfuge Washington is owned by these wall street banking whores and no legislation will be allowed that does not continue the robbery of the middle class and our pittance of wealth.

[BreazyBrody]

Just got Busted!!!!

[plutocracyslayer]

plutocracyslayer(dot)com

STOP THE PLUTOCRACY NOW!

[MyImago]

Great Video !!!!!!!!!!!

"The issue today is the same as it has been throughout all history, whether man shall be allowed to govern himself or be ruled by a small elite." -Thomas Jefferson

[ghahandi]

@MyImago Amen. We are now ruled by a Corporate Oligarchy. It took Michael Lewis to write another best seller before the SEC grew a dick and charged GOLDMAN SUCHS criminally. The repeal of The Banking Act of 1933 (Glass Steagal) in 1993 was a calculated "end around" on the American Taxpayer. ~They steal; we pay~ Now it's time for Obama and Eric Holden to grow dicks and show us REAL CHANGE. Enough of the GS ass-slapping~

[furyofbongos]

This reporter is just flat out wrong about the *cause* of the housing bubble. The U.S. government cause the bubble by the Federal Reserve pricing credit down as low as 1%. The repackaging of mortages did not cause the bubble, that was a symptom of the easy money the Fed caused.  FAIL

[30percentplusreturns]

And who do you think makes the fed lower rates and keep them there? Its goldman sachs. They are a country. They control everything. All they have to say is keep the rate low to the president or else they will crash the market. Then the president tell the fed chairmen keep rates low. Read greenspans book.

[gtorres16]

You are partial right but you need to go to business school to get the other half. banks needed people to buy the loans thus CDS were made with a golden triple "A" rating. If they couldnt get the triple "A" rating the loans would have never sold so easily thus the buble wouldnt have been produced. "Read house of cards" or watch it on CNBC. That will greatly help you on why your logic is partial flawed.

[wolfgangfaust]

things have "changed"-watch this:

"Shocking Hypocrisy Audio Found Obama didn't like it when Bush Rushed Through Legislation"

radio interview with Randi Rhodes in 2004.

now barry demands laws are passed without reading the bill. the pens need to be removed from the corrupt bastards' hands in congress before they continue signing our countrys' death warrant

[savedslave]

I'm not defending the banksters but the banks didn't just abandon their industry standards. The government put pressure on lending institutions to lower their standards and bought up their loans through Fannie & Freddie and promised 2 bail them out if anything were 2 happen. & the Federal Reserve was pumping the market full of $ which was fueling the fire in a few ways including fractional reserve banking which lets the banks make extra profits by lending out 9 times the amount of $ they have.

[wizardofozar]

And the FED is run by the banks and wallstreet. This is financial terrorism

[Gilgamesh73]

Yes, we know where the terrorism really is coming from...

[wizardofozar]

and where do you think that pressure came from? Not the free market I can tell you that!

[stonescourt3]

precisely. and that's what happens when theives sleep together. they eventually turn on each other.

[DolphinFilms]

well said. exactly the point i was going to make.

[Vernhicular]

Great Job Matt. If I owned Rolling Stone, you'd have a raise!

I'm gonna resubscribe to RS

[VirginianAmerican]

Great stuff Matt!!!

Thanks for making it simple and exposing the ones doing us as a nation

[residentzombie]

A perfect watch to compliment this is the Max Keiser interview. watch?v=VSwWy4E6I04&feature=ch­annel_page God bless Max for telling the truth.

[Tressco]

„Let me issue and control a nations money and I care not who writes the laws.

- Mayer Amschel Rothschild; 1790

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."

- Henry Ford

"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks."

- Lord Acton

[ronheri]

If there were more journalists like this; there would have been no false flag 9/11, no mideast wars, and a criminal government run by foreign bankers. The corporate elite have hijacked the free press. Thanks Mr. Tallibi

[WarDogLRS]

Until you learn about :FREEMASONRY you will always wonder how they do it and your going to be shocked

[7514328]

Is it best that I DON'T wonder how they do it? All I ever did was work for 23 straight years and make a million dollars. All I have to show for it is a house worth $250,000 and $100,000 in retirement. They got close to $700,000 back in those 23 years. They must be good. Although I am most happy with my kids and wife. All I can do is put the house in my kids name and say, "You can't get this house". Oh, well. I am just a worker Bee like the rest of us. They sure make you pay for mistakes, too.

[greatlaw]

Sry to hear that, be thankful at least that you are one of the few people aware of it, while the poor majority of the population simply couldn't care less, out of ignorance and fear. The more we arm ourseslves with knowledge, the better the decisions we can than make thereafter. Fight with your consumer dollar and your word of mouth!

[7514328]

greatlaw: What I want to do is place the names of my children (instead of mine)on the ttile of my home. I wonder if this is possible? I want to ensure that they have the house so in my passing I do not want them to pay an inheritance tax or something. These people are evil. Death tax/Inheritance tax/ etc....They got it figurered. I believe land/property ownership is a huge plus for our children. I want their babies to have a house so they can have a life and not be work mules without ownership.

[7514328]

Finefilth, below has really filled me in with so much information that it made me feel ignorant the first time I communicated to her. God, this is becoming more fascinating by the minute. You know, undumbing oneself to years and years and layers and layers of verbal/visual deceit and lies. I am not so scared as much as I used to think. It only awakens me to the rest of the sleeping world.

[finefilth]

thank you for the compliment .. i get all my videos from smart people like you

[finefilth]

"The Financial Services Modernization Act.'

"The Commodity Futures Modernization Act."

Goldman Sachs wrote them...

Clinton teed them up and Bush & Co. knocked them down the fairway.

Now Goldman owns the new president too.

The bankrupting of America (and the world) on the behalf of a handful of New York investment bankers.

Kleptocracy - government of the thieves, by the thieves, for the thieves.

[7514328]

Lets not leave out the Vatican who owns the house of cards. He may forgive our sins, but never a debt. The US pays 23% of the UN's operating costs each year while it counts its coins.

[finefilth]

its amazing how they quietly and secretly run things in the background

[7514328]

Just like a casino.

[finefilth]

a casino with other peoples money!!!!!!!!!!!

[ShootBlueHelmets]

From Brasschecktv, finefilth?

[finefilth]

yes, that was a copy and paste theft.. I love brasscheck tv!

[074August]

Point is speculators bet on how much Americans & other countries would pay for fuel/gas. That is what drove the price up.

Solution: cars that run on alternative fuel, ie, sun wind power, natural gas. Heck there are even engines that run on water, remember the steam engine? Remember the paddle wheel. Technology for non-oil based fuel has been beat out by oilmen.

[JoanOfArc14]

I found this film through G. Edward Griffin website. A real eye opener. I keep telling people neither the Dems nor the Rep's are your friend. All you hear is right vs left, fighting and arguing while these mother ***ers on Wall Street and Washington steal us blind year after year.

[19AR55]

In the coming days,and months the only Hope is "Leaderless" Resistance.The Government and Bankers have had such an "Incestuous" relationship,I don't think the Nation can recover without fundamental change.Not the Obama style "Change" but True Grassroot change.The Power Elite in this country have positioned themselves to use the military and police to Eliminate resistance.Katrina was a Ground Zero practice run for the Control of an American Citizenry,it Worked well.

[basketballplayer182]

Let us hope our weapons are never needed --but do not forget what the common people knew when they demanded the Bill of Rights: An armed citizenry is the first defense, the best defense, and the final defense against tyranny. If guns are outlawed, only the government will have guns. Only the police, the secret police, the military, the hired servants of our rulers. Only the government -- and a few outlaws. I intend to be among the outlaws."

-- Edward Abbey, "Abbey's Road", 1979

[19AR55]

How many Americans would leave the comfort of the Couch to confront the Tyranny We face,how many would trade safety and slavery to reclaim Freedom? The people have grown fat,dumb,and happy performing the every day "tricks" required to eat,sleep,and go on day to day.They are gutless,and don't deserve the Republic that was left to Them.If the Government killed 1000 "citizens" in one day the mass might Awaken,I doubt it.They will not accept Their Revolutionary Duty.You know it,I know it.Sad but Tru

[basketballplayer182]

"This country, with its institutions, belongs to the people who inhabit it. Whenever they shall grow weary of the existing government, they can exercise their constitutional right of amending it or their revolutionary right to dismember it or overthrow it."

-- Abraham Lincoln, 4 April 1861

[19AR55]

We are so SCREWED,the country We were collectively raised in is DEAD as JFK! All We have left is the SECOND AMENDMENT,it's TIME HAS COME!! HELLO,ANYBODY OUT THERE??

[basketballplayer182]

"No free man shall ever be debarred the use of arms. The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government"

-- Thomas Jefferson, 1 Thomas Jefferson Papers, 334

[basketballplayer182]

We are only screwed if we let ourselves be...the founders of this country gave us the second amendment for this exact reason...we need a few million brave people to take Fort Knox. I'll gladly volunteer.

[shiffty1032231]

The international banking cartel aka the New World Order are robbing us blind.

[williamwagener]

Matt, you look like you could be Mike Taibbi's son. Good video , I'll look for the book. thanks...

[tom1mohr]

Matt: It also takes the willing participation of Exon/Mobile who will buy the raw oil at any price because all consumption is 99 per cent required, therefore the supply and demand market does not work when people must go to work no matter what the cost. Vacations are so far down that 6Flags is now in bankruptcy. The Matrix is a total control system designed to extract every ounce of labor energy from the people while reducing the people to nothing more than wage slaves. L -o-

[buzzmaxwell]

Thanks for raising awareness to the efforts by those that love something other than liberty and their attempt take control of the united states since 1927 and possibly earlier.maybe you can help. i am having a fucking melt down trying to communicate that the mindset of some Illuminati or NWO bogeyman doing this is both unrealistic and dangerous.we must correctly identify and neutralize the threats to our bulwark,our constitution if we plan to survive as free men and women..how do we do it?

[mlee952]

Your government LETS them do it. They are the evil ones. BUSH and OBAMA, every president since 1913 has given the Federal Reserve Bank, Incorporated a MONOPOLY. There is no secret conspiracy - it is wide open. The Federal Reserve Bank is clearly a monopoly with permission from the government to be a monopoly. Who is Ben Bernanke? He is the chairman of the banker's monopoly. Google: "Ron Paul audit the fed"

[buzzmaxwell]

okay we audit the fed and we find out it is upside down and run by foreign entities..next step?

solutions are what we need now!

[mlee952]

First - Audit the Fed, Incorporated

Second - publish the results - Congress has been giving taxpayer money to a private banker's monopoly for 90 years

Third - Revoke the Fed, Incorporated bank's monopoly charter - Goldman Sachs - and lots of others go bankrupt

Fourth - put the dollar on the gold standard

[7514328]

Plus, the Vatican is the World Bank. The UN is its debt collector. That is what is really going on. The US pays 23% of the UN's operating costs each year. The Vatican counts its coins and decides the fate/future of countries for profit.

[7514328]

Even the U.S Mint are blundering fools. All those newly minted quarters. None of them work in the soda vending machines. People, we are going to have to go into a retalitory silence and fuck them every chance we get.

[starmanskye]

Goldman Sachs partnering with the FED and US Govt infliltration & subversion -- Why compete when you can control the market? The ultimate con -- when traders make greater profit than the producers. Perfect description of capitalism as a function of neoliberalism. Unorganized democracy never had a chance.

[sxr5a]

I don't think commodities were a bubble, they got a bit ahead of themselves in 07, 08 and will make new highs by 2010

[pig5689]

The executive staffs of banks, insurance, lending & brokerage companies are walking examples of absolute incompetence & greed. Their careers are based on theft. They're egomaniacs who play fag-golf. They spin & talk incesantly, using their stolen wealth as a shield to protect them from the millions of hard-working innocent families who they wiped out just to feed their lust for power & money. They should be forced to give up every asset & face prosecution.

[roodingle]

Don't forget lawyers... pieces of shit

[ratzthepriest]

lol im a lawyer and i hate these fucks, it is right in front of our eyes, the international banks want a one world currency, we are all fucked, and i doubt, unless someone starts picking people off, we can do a fucking thing about it

[KamikazeKoscki]

Grains

Meat, Livestock,

Poultry, and Eggs Oilseeds

Planting Seeds

Processed Products

Sugar

Tobacco

Tree Nuts

Wine

Wood Products

[KamikazeKoscki]

Commodities and Products

Biofuels

Coffee

Cotton

Dairy

Fish and Seafood

Fruits and Vegetables

[KamikazeKoscki]

1929 was the stock market bubble which popped, we were going into a recession .... Their is no need to give power to the elite they already have it. .... The game is rigged. When the game is rigged all bets are off.

[Idolcruisefix]

soory guy, when there a will there is a way, this guy gets to hopelees in the later pt.'s

[largejack1000]

Golden sacks!!! Says it all really

[PorscheB06]

And don't forget Hanky Panky Paulson with the shifty eyes who couldn't even make a speech with out sweating and stuttering. He knew he would eventually be exposed.

[freemarket11]

Tonight at 11pm...go to randpaul2010. com and donate $25

and don't forget to sign up at runrandrun. com for the august 20th money bomb....

spread the word

[wolfgangfaust]

this is pulitzer stuff. finally, a REPORTER appears from the sea of obama sycophantic cheerleader "media"

[KARStarla]

wow... thanks for the send! Thet are ruining our nation!

[acubird]

This article in July 09 Rolling Stone is excellent, very lucid and enlightening, READ IT!

[socratic1968]

Excellent.

What he doesn't tell you is that Goldman Sachs is a Jewish company.

It wouldn't be such a big deal, but over and over and over again the working class "gentiles" are robbed blind by Jewish people at the top of these banks.

Don't believe me? Summers, Rubin, Bernanke, Paulson, etc etc. all jewish folks.

Coincidence? Lets see a christian try to get the CEO position at GS or the Federal reserve?

IT WILL NEVER HAPPEN EVER

[WhyMeWhySilver]

Yep! And their good buddy Benanke just give these guys a lot more of OUR money to keep things alive for these guys! Do you get it (Gold and Sack!)?

Good piece here gun.

Mike

[socratic1968]

I love how Alan Greenspan drove the bubble up higher and higher with insane interest rates. He called the housing bubble "froth"

Then the douche bag quits at the peak and goes to work for a company that profits on the downside..

.It is absolutely disillusioning.