Less government spending, less taxation to American Citizens, a budget plan that works.
This man has been fighting for your personal freedom and the separation of congress from big business for years. He stands against draconian bills like SOPA, NDAA and the Patriot Act.
He has fought against the war on drugs, the foreign wars, and corporate bail outs.
See Patricia McAllister's web site:... "Zionist Jew Fed Reserve.com.." Fired from LA School district for telling the truth.. Telling the truth is a powerful revolutionary act.. Being fired makes it self evident truth..
@thuderbay Both Obamas and Homeland Security Janet Napolitano are thieves.They are engaged in bank fraud. Ben Bernanke thinks that he is above the law as well.The problem is that the prosecutors literally are the thieves. Bank & court records of me DEAD!Decedent's trusts and insurance trusts and REITS which R linked to the main fraud dissolving the USA. SAC attorney made the estate of Honey R Siegal deceased which is the Federal Reserve. I have the ability to save the USA. Honey R Siegal(NOTDEAD
Of course B. Bernanke is going to say that but as far as failures of the regulators, that is the fault of the fed res too, they pulled the teeth of CFTC when they were trying to do something and as far as any other regulating, it is all done in house, which is the biggest scam and mistake a government can do, f-ing crazy to let the fox guard the hen house. There are only two scenarios, either congressmen are completely stupid or completely corrupt. Either way they end up being worthless turds.
i hate fascism and crony capitalism. all i hear is verbal diarrhea spewing out of their mouths non stop and it never makes a bit of sense. can you just answer yes or no? did you fuck up? yes. are we going to hell in a hand basket? I want answers that are in english.
he looks like a dick head. i wouldn't want to show my face in public once the people figure out they're paying for his bonus's and private jets and he isn't even an employee of the US Government.
They are saying Impeach Obama, END the FED. and telling Herman Cain he is a cruel joke to America, pack your suite case Herman and just go home take Perry and Romney with you. Do us this favor please for the love of God. Let Ron Paul get on with the job of fixing this mess up.
Ain't gona be long now- I C people like Patricia McAllister at Occupy LA is calling 4 all Zionist Jews to be run out of USA.. She was fired, but- like 100 times B4 in history- people tire of Jew treachery, hubris, duplicity. Maybe time #101 will do it.. Michael Collins Piper's new book "Confessions of an Anti-Semite." Victor Thorn's new book "9/11- Made in Israel." Christogenea. org web site. Texe Marrs' book "Conspiracy of 6 Pointed Star." Holohoax will become a clear issue..
wall street is a front. it goes to the federal reserve as well as the government. youtube illuminati or nwo or gmo foods or chemtrail or black technology. wall street is only the start
Mr Sanders is a Good man, who cares about the Poor and middle class, for that reason he and others who think the same way will never become president, GET IT!!
I think they should be as peaceful as can be but if they get ignored for to long i would find it justifiable if they burnt down a government owned building or the buildings on wallstreet. This probably will end in riots because they will only be ignored.At the real tea party movement in the seventeen hundreds they broke into a british ship to throw all the tea in the water and that would be considered riots and illegal but yet we praise the act in the name of freedom today.
@UnibloggerV No.The Tea party was just regurgitating what Fox news says.Fox was saying how we shouldn't raise taxes but really they were only talking about the rich. The people at wall Street probably are laughing there asses off that they got those retards to argue in there favor. OW are talking about not raising taxes on middle and lower income families and to prevent that the rich have to pay there fair share.
viral.vendetta@yahoo.com - We need to get this movement organized. We need a way to begin coming up with specific demands. We need to get each occupation communicating with the other occupations across the states.
Revolution will only happen if we turn this movement into a system of change, and change will only come through a more focused body of influence.
If you're active in any of the occupations, please assist me in creating this network. Use the above email. Lets get organized!
EAT THE RICH! TASTES LIKE CHICKEN! 9/11 was computer simulation shown over and as live tv. Even some of the victims were computer simulations and photoshopped. The proof is in! Check out my favorites for proof and more truth. INVESTIGATE. ACT.
The sad fact of the matter is that Bernanke is a bold face Lieing ass. People before 06 were saying stop the illegal securitization. Bernanke was one of them saying to congress not regulate anything at all.He said if they did it it would screw things up.And what he meant was that it would screw things up so his buddies couldnt make trillions.If you take time to watch the MOVIE Inside Job, they show everyone involved and 1 lady who made noise about it and got shut down by Bernanke and congress.
To understand the happenings of today we must study the past. This study begins with Rothschild. After taking control England's central bank they are quoted with saying it matters not who makes the laws as long as I control the money supply. You'll encounter Smedley Butler, Andrew Jackson, Lincoln and Russian czar Alexander, Bolshevik revolution, Garfield, Wilson, and you'll encounter Warburg, Rockefeller, eugenics, Nazi's,. Bush, De Beers, Morgan, + other well known names
Blaming greed is such a cheap answer, if greed is able to rock the system, then the system is not designed with intentions for humans to operate in. The issue sits squarely on the central planners for failing to grasp the long term effects of their policies. Like when government builds strings to businesses to control their outcomes, yet coming out surprised that businesses are also able to pull on those very same strings.
@allgoo190:27 "did wall street's greed and recklessness cause this recession...." The inquisitor clearly stated greed, which would imply that the asker believes greed to be one of the culprits. Whether deaf or suffering memory loss, re watch the clip. Mr. Sanders is not the only one to lay blame on greed. He is who I was addressing, and in addition the response back to Sanders was recklessness and regulators. Also business corruption being able to enter gov is due to the connections gov makes.
@allgoo19 1) You accused me of falsehood, when it was clear that Mr. Sanders pointed at greed. Something that is clearly evident and verifiable, the fact that we are covering his use of the term is sad.
2) No, I don't work for a news agency, but thanks for the random comment
3) That quote is not in the clip (I checked it 3 times to be sure) and lacks reference, thus it means nothing in addition to being irrelevant to the fact that Sanders lay blame to greed, which was what my op covered.
@allgoo19 This is your rebuttal? Let alone the fact I gave mention to both in my second post. Reckless behavior is tied to chance for bigger gains (more gain higher risk, low gain lower risk), by listing it with greed (which specifies impure behavior) it would then mean the source for reckless behavior is greed. Recklessness is defined through actions, greed is defined by motivations. We act based on our motivations. Your lack of reasoning is scary to say the least.
@allgoo19 My entire post, literally my entire post was spent on that difference, explaining how just "greed" or "greed and recklessness" were the same and a trivial distinction. If recklessness is motivated by greed, does that not mean that recklessness is by extension greed in a form of an action. Your distinction is "did they have an underlying motive" or "did they have motivation and acted upon it" Motives only become realized if they are acted upon. Also in my second post I quoted both items
@allgoo19 part 1 "0:27 "did wall street's greed and recklessness cause this recession...." The inquisitor clearly stated greed, which would imply that the asker believes greed to be one of the culprits. Whether deaf or suffering memory loss, re watch the clip......" Does that bring back memories? I then linked together greed and recklessness in my previous post
@TicTocKnight "did wall street's greed and recklessness .."
Knowing that, why change the context, "Blaming greed is such a cheap answer." make it sounds like it's the only thing on the discussion? What was your purpose eliminating "recklessness" part? I gives impression that recklessness part is meaningless. Was that what you were trying to do?
Answer this too.
"Do you now what kind of "Recklessness" was taking place before the crash?"
@allgoo19 part 2 "Do you now what kind of "Recklessness" was taking place before the crash?"
Now you introduced a new question, irrelevant to my op, but the reckless behavior was in the loaning industry, specifically over saturation of subprime loans, hedge funds, and CDOs. All of which was encouraged to in an attempt to increase home ownership. The fault was created by a gov idealists who placed institutions which rewarded such behavior.
@allgoo19 "Why you criticize someone's comment on the subject you don't even know?"
I might as well be talking to a wall. Perhaps you should reflect on your own question. Bernanke lays blame to current institutions just like the the other macro economic schools. Where Bernanke (Keynesian school) believes he has corrective policies to fix the faulty institutions which were placed earlier. Other economic schools (RBC, Austrian, etc), want to remove the institutions which lead to the recession.
it's so much easier to talk about what you know. It's much harder to give right answer to questions and that's when you can prove the depth of your knowledge.
You know the word sub prime and it existed and it only describes the category of the borrowers less than capable of paying back, don't you"
Why the market clash didn't happen before 2008 as long as the category existed?
@allgoo19 1) Housing prices started falling in 06, which made the business of turning houses no longer profitable, where previously, if you bought a house you couldn't afford, you could simply sell it as its value would have increased within the year, thus earning a profit.
2) The housing bubble was caused by the CRA which changed from a standardization of processes to that of outcomes, which required banks to increase CRA loans, which increased the use of the subprime variant
@allgoo19 CRA/Predatory loans are heavily tied together, by needing to increase ratings, banks had to increase predatory loans, you may side with Krugman, that neither are to blame. Your history doesn't show up on any search on congressional activity, in fact no "Predatory Lending Act" in 04 shows up. Also sub prime loans increased in the late 90's, started dropping thereafter, which doesn't connect with your theory. Search "The Evolution of the Subprime Mortgage Market", it displays fluxuations
@allgoo19 two things now 1) you just tied the entire collapse on the structure of cra and how it relates to fmfm, with the need to meet cra ratings/criteria (which I applaud you for). 2) but you now would now have to explain how/why predatory loans increased the most in the late 90's. The increases prior to 04 were exponentially greater than 04-06 time frame, which can be seen in my suggested article. Which would mean that the 04 point was not the turning point or source of the issue.
Do you still think Sanders is to be blamed for pointing out "greed & recklessness" as a cause of the housing market crash, as you said, "blaming greed is such a cheap answer" while willingly dropping "recklessness" part?
Greed alone may not be to be blamed, recklessness alone may not be to be blamed. But put them together as, "Greed & recklessness" wasn't the problem?
@allgoo19 You are skipping my point 2 (which is about data trends over time), this is relevant because I look at systemic sources and the increases started occurring in the 90s. This is relevant to your question because greed and reckless behavior are constants, it is part of human nature. When we say greed/recklessness what does it mean? Nothing. How do you correct it? You can't. What you can correct, and what does fluctuate are institutions. Specifically ones that encourage bad behavior.
@allgoo19 something had to occur before 2000 to have 90 increases, hence the systemic issues of predatory lending are tied with some reforms in the 90s with cra. With that in mind, we can physically point to the issue, and either add or remove legislation that made up the institution to fix it. Saying "greed/recklessness" is not critical thinking, you can't make/enforce a law that says "you can't be greedy/reckless". It is a lazy answer that does not get down to the root of the problem.
Read ebook, God Stopping A Nuclear War', 99 cents, why isn't Wall Street interested in protecting American workers? If true? Think you know the real reason? Not a chance.
Read the book, it's about about two secret group minds hiding within Mankind.
One group mind composed of left brains, verbal intelligence, trying to control right brain labor, spatial right brain intelligence.
Okay, so the original Tea Party movement (Ron Paul's movement might I add to all the Neocons watching) and the OWS movement have similar grievances. But why is this being billed as some sort of "Left Wing" movement? I know plenty of conservatives, Libertarians, moderates, etc. out there in those streets? Why are we acting like only "LEFT WINGERS" are pissed at the banks or wall street or the Fed Reserve???????????
Guys, Ron Paul like Bernie Sanders is a rare honest politician that deserves your vote and attention! You can help and support Ron Paul in the next BlackThisOut[dot]com moneybomb look it up... it's time to get America back on track.
WHY ONLY 1:19 SECS?? Put the full hearing on there!! I want to see his ass sweat when they say "millions of people know you srewed them and their coming for your ass!!" I've been waiting for us to get some balls and finally stop these bastards like the people over-seas! Go look at Jesse Ventrua's tv episodes and you'll easily see why.
The Federal Reserve's cheap money policy and the laws Democrats passed to force banks to make sub-prime loans also played a role, as did Barney Frank's efforts to prevent reform of Fannie Mae and Freddie Mac.
But is Bernanke ever going to acknowledge the role that the Federal Reserve played? No. Is Communist Bernie Sanders going to ever acknowledge the role the government played in creating the housing bubble? No, he wants only to attack private business and gain the gov't bigger & stronger.
@LesiureBoy Wow, did you just arrive via time machine from 1933 Germany? I'm from Germany, and if you ever visit there you better watch your filthy mouth or you might not make it back to the States. :-P
Substantial progress? How about making Bernanke quantify that statement. If he's going to be able to double speak and bullshit his way through the questions, why even bother to question him in the first place?
@orangedac The answer is, I suppose, that it's all a public relations stunt. You know, to make it look like the government is holding the FED to some sort of account.
I don't know which to be more offended about really. The fact that the govt is trying to pull the wool over my eyes, or that they believe I'm stupid enough to buy this charade.
There are millions of cloud ships around this earth right now awaiting their disclosure and our ascension. Always choose love over fear and remember that 'we are all one.' Reality is far more than we can see as you are infinite beings of light.
@UnibloggerV Which is why the Tea Party has become a joke these days. The little people of that movement have simply been lied too as to who to blame: liberals, Democrats, and Obama and little else.
The leadership of the Tea Party, Dick Armey's FreedomWorks, Cluster Fox, The Koch Brothers, and all the other well know right-wing millionaire mouth pieces out there are laughing their asses off in private at how easy it is to manipulate people's fears in the wrong direction.
@UnibloggerV Yes, someone who gets it, both movenments could come together and end the fed.They should have both sides meet on wall street under s banner saying End the Fed and they should sign an agreement that no matter what there views are on other things, we much end the fact that America and the world has a central bank owned by banks.
The Senator knows a liar when he sees it...the rich are all alike...they love their soft clothing and hidden affairs...they will take, plunder, rape and pillage to keep their lifestyles...We the People must do what we can, when and where we can to cripple the giants...Jack is climbing your beanstalk, you hideous and smelly giants..we are taking your golden goose from you..we are turning the tables on you...
The Senator knows a liar when he sees it...the rich are all alike...they love their soft clothing and hidden affairs...they will take, plunder, rape and pillage to keep their lifestyles...We the People must do what we can, when and where we can to cripple the giants...Jack is climbing your beanstalk, you hideous and smelly giants..we are taking your golden goose from you..we are turning the tables on you...
The Senator knows a liar when he sees it...the rich are all alike...they love their soft clothing and hidden affairs...they will take, plunder, rape and pillage to keep their lifestyles...We the People must do what we can, when and where we can to cripple the giants...Jack is climbing your beanstalk, you hideous and smelly giants..we are taking your golden goose from you..we are turning the tables on you...
The Senator knows a liar when he sees it...the rich are all alike...they love their soft clothing and hidden affairs...they will take, plunder, rape and pillage to keep their lifestyles...We the People must do what we can, when and where we can to cripple the giants...Jack is climbing your beanstalk, you hideous and smelly giants..we are taking your golden goose from you..we are turning the tables on you...
Regulators probably cannot be trusted as they are payed by Ben Bernankle and his masters,who are zionist/satanic hybrid humanites.The hybrid families are owners of the worldwide fraudulant banking system which calls itself ''federal'' when it is not federal but a private business operating under disguise! They must be stopped!
Ben, I have magic feces...... if u wipe it all over u it will protect u from the awakened ..... 4real, its almost as good as ur magical skills, its free 4 u, wuuuuuuudup foo!-
:D Love the geeky 99%er texting away behind him! And.. "But I would like to point out that..." that they aren't really planning to see that the rules of dot frank are ever in fact in place, or that we give a crap.
And for the record? Racism isn't going to get you anywhere, skb0rzn- you poison the whole water supply with your hate. I thumbs you down, and hope everyone else does the same.
"The IMF riot is painfully predictable. When a nation is "down and out, "the IMF" takes advantage and squeezes the last pound of blood out of them. They turn up the heat until, finally, the whole cauldron blows up"
Ben Bernanke is another fraud and paid shill that's working for the criminal elite to bring down America financially and economically. As well as to make sure that the U.S. Dollar is destroyed to bring it all in under the Global Currency protocols of the New World Order structure.
Federal Reserve Charmain Ben Bernanke at Bilderberg 2008
Students, Work unions, Marines and many other groups have joined forces with Occupy. Do not listen to media outlets -- they're funded by Wall Street. They will never bite the hand that feeds them, never.
Tens of millions will gather nationwide.
KEEP IT UP OCCUPY WALL STREET! THE NUMBER ARE GROWING!
@Kaotiqua HA! Its not racism, you are either falling for their lies or ignorant of the FACT that ZIONISM has little to NOTHING to do with Race or Religion (So don't even try and pull that shite with me) but a POLITICAL IDEOLOGY. So DO NOT EVEN TRY IT! I am far from Anti-semitic, matter of fact ZIONISM is Christian and "Jewish" .. here ya go /watch?v=Q7tupJRSi7M
Bernanke is a con artist for sure, but Bernie Sanders is no better.
kevin188888 4 days ago
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Support Ron Paul.
Less government spending, less taxation to American Citizens, a budget plan that works.
This man has been fighting for your personal freedom and the separation of congress from big business for years. He stands against draconian bills like SOPA, NDAA and the Patriot Act.
He has fought against the war on drugs, the foreign wars, and corporate bail outs.
Vote for liberty this year. Vote for real change.
Thumb up and spread the message!
RapsAlive 2 months ago
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See Patricia McAllister's web site:... "Zionist Jew Fed Reserve.com.." Fired from LA School district for telling the truth.. Telling the truth is a powerful revolutionary act.. Being fired makes it self evident truth..
2ndSamuel710 3 months ago
Fucking theives!
thuderbay 4 months ago
@thuderbay Both Obamas and Homeland Security Janet Napolitano are thieves.They are engaged in bank fraud. Ben Bernanke thinks that he is above the law as well.The problem is that the prosecutors literally are the thieves. Bank & court records of me DEAD!Decedent's trusts and insurance trusts and REITS which R linked to the main fraud dissolving the USA. SAC attorney made the estate of Honey R Siegal deceased which is the Federal Reserve. I have the ability to save the USA. Honey R Siegal(NOTDEAD
HoneySiegalSurvivor 3 months ago
Of course B. Bernanke is going to say that but as far as failures of the regulators, that is the fault of the fed res too, they pulled the teeth of CFTC when they were trying to do something and as far as any other regulating, it is all done in house, which is the biggest scam and mistake a government can do, f-ing crazy to let the fox guard the hen house. There are only two scenarios, either congressmen are completely stupid or completely corrupt. Either way they end up being worthless turds.
daveusaz1218 4 months ago
keep bailing out everyone. the faster you bring this bitch down the more money i'll make.
cmharding69 4 months ago
i hate fascism and crony capitalism. all i hear is verbal diarrhea spewing out of their mouths non stop and it never makes a bit of sense. can you just answer yes or no? did you fuck up? yes. are we going to hell in a hand basket? I want answers that are in english.
cmharding69 4 months ago
he looks like a dick head. i wouldn't want to show my face in public once the people figure out they're paying for his bonus's and private jets and he isn't even an employee of the US Government.
cmharding69 4 months ago
:37 watch that smirk.
JanusChristIsRisen 4 months ago
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They are saying Impeach Obama, END the FED. and telling Herman Cain he is a cruel joke to America, pack your suite case Herman and just go home take Perry and Romney with you. Do us this favor please for the love of God. Let Ron Paul get on with the job of fixing this mess up.
johnnycmajor 4 months ago
bernanke=scumsuckingpig
johnnycmajor 4 months ago
HA! "failures of regulators"??!? This is coming from a guy who has continuously argued against regulation??? What a wanktard!
BassPhat 4 months ago
enjoy your last days of freedom mr bernanke
marktimmer2212 4 months ago
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Didn't Obama say they did nothing illegal?
Howtolist 4 months ago
Ain't gona be long now- I C people like Patricia McAllister at Occupy LA is calling 4 all Zionist Jews to be run out of USA.. She was fired, but- like 100 times B4 in history- people tire of Jew treachery, hubris, duplicity. Maybe time #101 will do it.. Michael Collins Piper's new book "Confessions of an Anti-Semite." Victor Thorn's new book "9/11- Made in Israel." Christogenea. org web site. Texe Marrs' book "Conspiracy of 6 Pointed Star." Holohoax will become a clear issue..
2ndSamuel710 4 months ago
wall street is a front. it goes to the federal reserve as well as the government. youtube illuminati or nwo or gmo foods or chemtrail or black technology. wall street is only the start
yappertrap 4 months ago
Illegal activity is now known as "excessive risk taking"
TheSuitIsNOTBlack 4 months ago
Mr Sanders is a Good man, who cares about the Poor and middle class, for that reason he and others who think the same way will never become president, GET IT!!
tealmarlin 4 months ago
I think they should be as peaceful as can be but if they get ignored for to long i would find it justifiable if they burnt down a government owned building or the buildings on wallstreet. This probably will end in riots because they will only be ignored.At the real tea party movement in the seventeen hundreds they broke into a british ship to throw all the tea in the water and that would be considered riots and illegal but yet we praise the act in the name of freedom today.
nowwithmorekick 4 months ago
@UnibloggerV No.The Tea party was just regurgitating what Fox news says.Fox was saying how we shouldn't raise taxes but really they were only talking about the rich. The people at wall Street probably are laughing there asses off that they got those retards to argue in there favor. OW are talking about not raising taxes on middle and lower income families and to prevent that the rich have to pay there fair share.
nowwithmorekick 4 months ago
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viral.vendetta@yahoo.com - We need to get this movement organized. We need a way to begin coming up with specific demands. We need to get each occupation communicating with the other occupations across the states.
Revolution will only happen if we turn this movement into a system of change, and change will only come through a more focused body of influence.
If you're active in any of the occupations, please assist me in creating this network. Use the above email. Lets get organized!
SpyThis 4 months ago
bernanke = shapeshifter
TheX4honda 4 months ago
Wow. As soon as he says "Yes" theres a noted arching of the eyebrows that seems to convey uncertainty/ deception
irie1tes 4 months ago
Mr. Sanders is smart for listening to the will of the people. Bernanke will wear the badguy hat now.
Imagynuity 4 months ago
Both men are correct. The question is: Why are the new rules not implemented or enforced?
petiela 4 months ago
EAT THE RICH! TASTES LIKE CHICKEN! 9/11 was computer simulation shown over and as live tv. Even some of the victims were computer simulations and photoshopped. The proof is in! Check out my favorites for proof and more truth. INVESTIGATE. ACT.
beastshawnee 4 months ago
Scum dripping pig. You can see puss dripping down bernanke chin.
johnnycmajor 4 months ago
The sad fact of the matter is that Bernanke is a bold face Lieing ass. People before 06 were saying stop the illegal securitization. Bernanke was one of them saying to congress not regulate anything at all.He said if they did it it would screw things up.And what he meant was that it would screw things up so his buddies couldnt make trillions.If you take time to watch the MOVIE Inside Job, they show everyone involved and 1 lady who made noise about it and got shut down by Bernanke and congress.
rewire69 4 months ago
yes.. i also respectfully disagree... :)
Brilliant crooks aren't they.. i give 'm credit for that..
If now only they give us some "credit"
ghanz135 4 months ago
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NO MORE WAR!
/watch?v=RxaUg2Q4tvg
/watch?v=BHrkc6EB6h0
/watch?v=W3AR0D4WVPQ
STOP THE MEDIA BLACKOUT -- They WANT you confused! /watch?v=dlmouMA5VTs
THE LIVE AND LET LIVE PRESIDENT
gay marriage, legalize pot, end the Fed -- Ron Paul 2012
vechorik 4 months ago
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To understand the happenings of today we must study the past. This study begins with Rothschild. After taking control England's central bank they are quoted with saying it matters not who makes the laws as long as I control the money supply. You'll encounter Smedley Butler, Andrew Jackson, Lincoln and Russian czar Alexander, Bolshevik revolution, Garfield, Wilson, and you'll encounter Warburg, Rockefeller, eugenics, Nazi's,. Bush, De Beers, Morgan, + other well known names
f5thwheel1 4 months ago
CONGRESS IS TO BLAME ALONG WITH THE FEDERAL RESERVE.
Please join one of the OCCUPY protests all across the country.
"Occupy the FED" protests are currently ongoing at all 12 Federal Reserves
"Stop the Machine" protests by veterans is occurring in DC.
END THE FED at OCCUPY WALL STREET
youtube (DOT) com/watch?v=AhoqqpetK9I
kingwarth 4 months ago
Blaming greed is such a cheap answer, if greed is able to rock the system, then the system is not designed with intentions for humans to operate in. The issue sits squarely on the central planners for failing to grasp the long term effects of their policies. Like when government builds strings to businesses to control their outcomes, yet coming out surprised that businesses are also able to pull on those very same strings.
TicTocKnight 4 months ago
@TicTocKnight "Blaming greed is such a cheap answer,'
Where did you see that they are blaming for the"greed"?
Show me.
As far as I can see, they are blaming the corruption, "Citizens united" in particular.
Don't make your argument over based on your assumption.
allgoo19 4 months ago
@allgoo19 0:27 "did wall street's greed and recklessness cause this recession...." The inquisitor clearly stated greed, which would imply that the asker believes greed to be one of the culprits. Whether deaf or suffering memory loss, re watch the clip. Mr. Sanders is not the only one to lay blame on greed. He is who I was addressing, and in addition the response back to Sanders was recklessness and regulators. Also business corruption being able to enter gov is due to the connections gov makes.
TicTocKnight 4 months ago
@TicTocKnight ""did wall street's greed and recklessness.."
You change the context,
"Blaming greed is such a cheap answer,'
He's pointing out the combination of two.
It's like saying, drinking is illegal instead of saying "drinking & driving is illegal"
The technique is used quite often to manipulate the info. by *some* media outlet.
In your opinion, blaming "Greed & recklessness" is a cheap answer? The combination of two wasn't any part in crash of 2008?
allgoo19 4 months ago
@TicTocKnight "Whether deaf or suffering memory loss..."
Do you work for Fox news?
"The combination of two wasn't any part in crash of 2008?"
Your answer?
allgoo19 4 months ago
@allgoo19 1) You accused me of falsehood, when it was clear that Mr. Sanders pointed at greed. Something that is clearly evident and verifiable, the fact that we are covering his use of the term is sad.
2) No, I don't work for a news agency, but thanks for the random comment
3) That quote is not in the clip (I checked it 3 times to be sure) and lacks reference, thus it means nothing in addition to being irrelevant to the fact that Sanders lay blame to greed, which was what my op covered.
TicTocKnight 4 months ago
@TicTocKnight "You accused me of falsehood.."
Accused? I told you like it is. If you didn't know what you were doing, then you are the one to be called deaf. am I wrong?
You said, blaming greed is a cheap answer. How about blaming "Greed & Recklessness" is still a cheap answer?
allgoo19 4 months ago
@TicTocKnight "You accused me.."
Before you go and hide, here's a few things that I want you to make clear.
Did Sanders say "Greed" or "Greed & recklessness"?
Does "greed" mean no difference from "greed & recklessness"?
allgoo19 4 months ago
@allgoo19 This is your rebuttal? Let alone the fact I gave mention to both in my second post. Reckless behavior is tied to chance for bigger gains (more gain higher risk, low gain lower risk), by listing it with greed (which specifies impure behavior) it would then mean the source for reckless behavior is greed. Recklessness is defined through actions, greed is defined by motivations. We act based on our motivations. Your lack of reasoning is scary to say the least.
TicTocKnight 4 months ago
@TicTocKnight "Reckless behavior is tied to chance..'
You are so willing to drop the "reckless" part make it appear meaningless. Actually, that part is more important than "greed" part.
Do you now what kind of "Recklessness" was taking place before the crash?
I'll give you a hint. It was the same "recklessness" that caused 1929 crash.
allgoo19 4 months ago
@TicTocKnight "This is your rebuttal? .."
And you forgot to answer this one,
Did Sanders say "Greed" or "Greed & recklessness"?
It shouldn't be difficult for you to answer this unless you suddenly(conveniently) became deaf.
allgoo19 4 months ago
@allgoo19 My entire post, literally my entire post was spent on that difference, explaining how just "greed" or "greed and recklessness" were the same and a trivial distinction. If recklessness is motivated by greed, does that not mean that recklessness is by extension greed in a form of an action. Your distinction is "did they have an underlying motive" or "did they have motivation and acted upon it" Motives only become realized if they are acted upon. Also in my second post I quoted both items
TicTocKnight 4 months ago
@TicTocKnight "my entire post was spent on that difference."
No. I looked at all your comments. I didn't see it. Post it again, if you think I'm wrong.
My question was,
Did Sanders say "Greed" or "Greed & recklessness"?
Do you now what kind of "Recklessness" was taking place before the crash?
Try again.
allgoo19 4 months ago
@allgoo19 part 1 "0:27 "did wall street's greed and recklessness cause this recession...." The inquisitor clearly stated greed, which would imply that the asker believes greed to be one of the culprits. Whether deaf or suffering memory loss, re watch the clip......" Does that bring back memories? I then linked together greed and recklessness in my previous post
TicTocKnight 4 months ago
@TicTocKnight "did wall street's greed and recklessness .."
Knowing that, why change the context, "Blaming greed is such a cheap answer." make it sounds like it's the only thing on the discussion? What was your purpose eliminating "recklessness" part? I gives impression that recklessness part is meaningless. Was that what you were trying to do?
Answer this too.
"Do you now what kind of "Recklessness" was taking place before the crash?"
allgoo19 4 months ago
@allgoo19 part 2 "Do you now what kind of "Recklessness" was taking place before the crash?"
Now you introduced a new question, irrelevant to my op, but the reckless behavior was in the loaning industry, specifically over saturation of subprime loans, hedge funds, and CDOs. All of which was encouraged to in an attempt to increase home ownership. The fault was created by a gov idealists who placed institutions which rewarded such behavior.
TicTocKnight 4 months ago
@TicTocKnight "irrelevant to my op.."
Of course it's relevant.
Why you criticize someone's comment on the subject you don't even know?
Please answer.
allgoo19 4 months ago
@allgoo19 "Why you criticize someone's comment on the subject you don't even know?"
I might as well be talking to a wall. Perhaps you should reflect on your own question. Bernanke lays blame to current institutions just like the the other macro economic schools. Where Bernanke (Keynesian school) believes he has corrective policies to fix the faulty institutions which were placed earlier. Other economic schools (RBC, Austrian, etc), want to remove the institutions which lead to the recession.
TicTocKnight 4 months ago
@TicTocKnight "Bernanke lays blame..'
it's so much easier to talk about what you know. It's much harder to give right answer to questions and that's when you can prove the depth of your knowledge.
You know the word sub prime and it existed and it only describes the category of the borrowers less than capable of paying back, don't you"
Why the market clash didn't happen before 2008 as long as the category existed?
allgoo19 4 months ago
@allgoo19 1) Housing prices started falling in 06, which made the business of turning houses no longer profitable, where previously, if you bought a house you couldn't afford, you could simply sell it as its value would have increased within the year, thus earning a profit.
2) The housing bubble was caused by the CRA which changed from a standardization of processes to that of outcomes, which required banks to increase CRA loans, which increased the use of the subprime variant
TicTocKnight 4 months ago
@TicTocKnight 1) Housing prices started falling in 06 (<-- incorrect, after 2007)
Neither answer are main reason.
Google, "Predatory lending Wiki"
"How Bush Helped Destroy the Economy"
In short: Predatory Lending Act repealed by W. Bush in 2004 triggered housing market bubble.
Never heard about this?
allgoo19 4 months ago
@allgoo19 CRA/Predatory loans are heavily tied together, by needing to increase ratings, banks had to increase predatory loans, you may side with Krugman, that neither are to blame. Your history doesn't show up on any search on congressional activity, in fact no "Predatory Lending Act" in 04 shows up. Also sub prime loans increased in the late 90's, started dropping thereafter, which doesn't connect with your theory. Search "The Evolution of the Subprime Mortgage Market", it displays fluxuations
TicTocKnight 4 months ago
@TicTocKnight 'CRA/Predatory loans are heavily tied together.."
They didn't need to be.
Whole world knew by 2004 what happened in Japan from 80s to 90s housing market bubble burst.
Why W. Bush signed to repeal the PLA?
allgoo19 4 months ago
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@TicTocKnight "CRA/Predatory loans are heavily tied together.."
Hello? No reply?
You are not denying the fact that predatory lending existed and one of the cause of the bubble, correct?
You are not denying that Japan had the same crisis a decade ago, correct?
allgoo19 4 months ago
@TicTocKnight "Your history doesn't show up on any search on ..'
Google, "Fannie Mae Wiki" scroll down to "2000s'
Excerpt: "In 2004, these rules(anti-predatory) were dropped and high-risk loans were again...'
allgoo19 4 months ago
@allgoo19 two things now 1) you just tied the entire collapse on the structure of cra and how it relates to fmfm, with the need to meet cra ratings/criteria (which I applaud you for). 2) but you now would now have to explain how/why predatory loans increased the most in the late 90's. The increases prior to 04 were exponentially greater than 04-06 time frame, which can be seen in my suggested article. Which would mean that the 04 point was not the turning point or source of the issue.
TicTocKnight 4 months ago
@TicTocKnight "you now would now have to explain.."
No, I don't.
what I need to to show you is how recklessness played in this bubble.
Wasn't it bankers to push the anti predatory act(knowing the result).
Or if not, in your opinion, who else was it?
allgoo19 4 months ago
@TicTocKnight "two things now 1) you .."
Now going back to your original comment.
Do you still think Sanders is to be blamed for pointing out "greed & recklessness" as a cause of the housing market crash, as you said, "blaming greed is such a cheap answer" while willingly dropping "recklessness" part?
Greed alone may not be to be blamed, recklessness alone may not be to be blamed. But put them together as, "Greed & recklessness" wasn't the problem?
Then what was?
allgoo19 4 months ago
@allgoo19 You are skipping my point 2 (which is about data trends over time), this is relevant because I look at systemic sources and the increases started occurring in the 90s. This is relevant to your question because greed and reckless behavior are constants, it is part of human nature. When we say greed/recklessness what does it mean? Nothing. How do you correct it? You can't. What you can correct, and what does fluctuate are institutions. Specifically ones that encourage bad behavior.
TicTocKnight 4 months ago
@TicTocKnight "explain how/why predatory loans increased the most in the late 90's.."
GSA was repealed in 2000 by Clinton. The risk was much less.
Real recklessness kicked in knowing they could use multiple amount of money then anti-predatory lending act was removed, by design.
"When we say greed/recklessness what does it mean?"
Driving is legal, so is drinking. Put them together, drinking and driving is illegal.
Problem is in you head, not understanding the difference.
allgoo19 4 months ago
@allgoo19 something had to occur before 2000 to have 90 increases, hence the systemic issues of predatory lending are tied with some reforms in the 90s with cra. With that in mind, we can physically point to the issue, and either add or remove legislation that made up the institution to fix it. Saying "greed/recklessness" is not critical thinking, you can't make/enforce a law that says "you can't be greedy/reckless". It is a lazy answer that does not get down to the root of the problem.
TicTocKnight 4 months ago
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@TicTocKnight ""greed/recklessness" is not critical thinking.."
It's just you opinion nothing more.
Do you deny that lenders(bankers) paid money to push the regulation aside knowing the disastrous result that destroy the economy was "reckless"?
allgoo19 4 months ago
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@TicTocKnight "specifically over saturation of subprime loans, hedge funds, and CDOs..."
Listing all the words you picked up online doesn't explain anything.
How do they affect the crash, that's what I'm asking.
All the things you listed existed before without crashing.
And you forgot something more important that I was expecting.
You don't know?
allgoo19 4 months ago
End the Fed!
zed6952 4 months ago 3
bernanke is a con artist
orangedac 4 months ago 13
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infowars.com
moonunit19731 4 months ago
i would, respectfully, disagree.
pure gold
carsonmacca 5 months ago 2
WEEEEE WANT GANDHIIIIIII!!!!!
xsansax 5 months ago
I bet you everything that the one dislike is BEN BERNANKE himself...
alecboi84 5 months ago 9
The corruption on wall street and in our government should have the tea party chomping at the bit to get involved. This is their moment to shine.
pchtermino1 5 months ago
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I AM JESUS, I AM THE 666 IN REVELATION...
THE MARKS / NUMBERS FORMING UPON MY FACE WILL SOON BE TOTALLY UNDENIABLE
ulived1969 5 months ago
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@UnibloggerV I AM JESUS, I AM THE 666 IN REVELATION...
THE MARKS / NUMBERS FORMING UPON MY FACE WILL SOON BE TOTALLY UNDENIABLE
MAY GOD BLESS YOUR SOULS AS NIBIRU, TRUTH & LOVE GETS CLOSER FAST...
ulived1969 5 months ago
Bernanke is a good liar.
Gnarlodious 5 months ago
Read ebook, God Stopping A Nuclear War', 99 cents, why isn't Wall Street interested in protecting American workers? If true? Think you know the real reason? Not a chance.
Read the book, it's about about two secret group minds hiding within Mankind.
One group mind composed of left brains, verbal intelligence, trying to control right brain labor, spatial right brain intelligence.
Secret war inside all of us.
God verus Satan or is it Wall Street verus labor?
mikeymensa 5 months ago
never heard greenspan being grilled like this. He was like an a worshiped oracle when he showed up. it's a start.
luxou812 5 months ago
Bernie Sanders your my HERO!
joeb1963 5 months ago
Okay, so the original Tea Party movement (Ron Paul's movement might I add to all the Neocons watching) and the OWS movement have similar grievances. But why is this being billed as some sort of "Left Wing" movement? I know plenty of conservatives, Libertarians, moderates, etc. out there in those streets? Why are we acting like only "LEFT WINGERS" are pissed at the banks or wall street or the Fed Reserve???????????
I have to be a "Hippie" to oppose bailouts? WTF?
RandomShellAccount 5 months ago
911 TRUTH NOW
911 TRUTH NOW
911 TRUTH NOW
adamkadmon1977 5 months ago 4
Guys, Ron Paul like Bernie Sanders is a rare honest politician that deserves your vote and attention! You can help and support Ron Paul in the next BlackThisOut[dot]com moneybomb look it up... it's time to get America back on track.
TimeHasComeNow 5 months ago 3
WHY ONLY 1:19 SECS?? Put the full hearing on there!! I want to see his ass sweat when they say "millions of people know you srewed them and their coming for your ass!!" I've been waiting for us to get some balls and finally stop these bastards like the people over-seas! Go look at Jesse Ventrua's tv episodes and you'll easily see why.
SSGoku55 5 months ago
The Federal Reserve's cheap money policy and the laws Democrats passed to force banks to make sub-prime loans also played a role, as did Barney Frank's efforts to prevent reform of Fannie Mae and Freddie Mac.
But is Bernanke ever going to acknowledge the role that the Federal Reserve played? No. Is Communist Bernie Sanders going to ever acknowledge the role the government played in creating the housing bubble? No, he wants only to attack private business and gain the gov't bigger & stronger.
chilidog17 5 months ago
define substantial...
Digdigs2 5 months ago
"The real rulers in Washington are invisible
and exercise power from behind the scenes."- Justice Felix Frankfurter
(1882-1965) U.S. Supreme Court Justice
takethepowerback83 5 months ago
bernanke seems worried.
i think he senses an impending crash is coming.
orangedac 5 months ago
Comment removed
LesiureBoy 5 months ago
@LesiureBoy Wow, did you just arrive via time machine from 1933 Germany? I'm from Germany, and if you ever visit there you better watch your filthy mouth or you might not make it back to the States. :-P
saschamaj 5 months ago
Substantial progress? How about making Bernanke quantify that statement. If he's going to be able to double speak and bullshit his way through the questions, why even bother to question him in the first place?
w0y1z92753 5 months ago
@w0y1z92753
i've wondered the same thing man.
the guy is lying his ass off in every hearing. what really is the point of having him answering questions.
the absurdity of letting one guy fiddle around with trillions of dollars is crazy.
orangedac 5 months ago
@orangedac The answer is, I suppose, that it's all a public relations stunt. You know, to make it look like the government is holding the FED to some sort of account.
I don't know which to be more offended about really. The fact that the govt is trying to pull the wool over my eyes, or that they believe I'm stupid enough to buy this charade.
w0y1z92753 5 months ago
LOL from the horses mouth! Yes wall street had a red hand in it, yes our regulation is virtually non-effective.
SHARE THIS VIDEO!
poorandimmature 5 months ago
YES!!! THANKS. Brilliant... let the proverbial noose tighten. I want these guys to feel stressed as I do.
phillisthebarbarian 5 months ago
Nice
gcomerfo 5 months ago
There are millions of cloud ships around this earth right now awaiting their disclosure and our ascension. Always choose love over fear and remember that 'we are all one.' Reality is far more than we can see as you are infinite beings of light.
mordsith05 5 months ago
When is Bernanke going to give it up.....He must be paid well
nfdw47 5 months ago
@UnibloggerV Which is why the Tea Party has become a joke these days. The little people of that movement have simply been lied too as to who to blame: liberals, Democrats, and Obama and little else.
The leadership of the Tea Party, Dick Armey's FreedomWorks, Cluster Fox, The Koch Brothers, and all the other well know right-wing millionaire mouth pieces out there are laughing their asses off in private at how easy it is to manipulate people's fears in the wrong direction.
captfoster1 5 months ago
Ben Bum-Yankee
KillTheStranger 5 months ago
OWS HAS DONE THIS! YAY!
moto2kx2 5 months ago
Where do I see the rst of that? lol
2wheels88 5 months ago
@UnibloggerV Yes, someone who gets it, both movenments could come together and end the fed.They should have both sides meet on wall street under s banner saying End the Fed and they should sign an agreement that no matter what there views are on other things, we much end the fact that America and the world has a central bank owned by banks.
RussMaxable 5 months ago
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The Senator knows a liar when he sees it...the rich are all alike...they love their soft clothing and hidden affairs...they will take, plunder, rape and pillage to keep their lifestyles...We the People must do what we can, when and where we can to cripple the giants...Jack is climbing your beanstalk, you hideous and smelly giants..we are taking your golden goose from you..we are turning the tables on you...
prodigal1978 5 months ago
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The Senator knows a liar when he sees it...the rich are all alike...they love their soft clothing and hidden affairs...they will take, plunder, rape and pillage to keep their lifestyles...We the People must do what we can, when and where we can to cripple the giants...Jack is climbing your beanstalk, you hideous and smelly giants..we are taking your golden goose from you..we are turning the tables on you...
prodigal1978 5 months ago
The Senator knows a liar when he sees it...the rich are all alike...they love their soft clothing and hidden affairs...they will take, plunder, rape and pillage to keep their lifestyles...We the People must do what we can, when and where we can to cripple the giants...Jack is climbing your beanstalk, you hideous and smelly giants..we are taking your golden goose from you..we are turning the tables on you...
prodigal1978 5 months ago
The Senator knows a liar when he sees it...the rich are all alike...they love their soft clothing and hidden affairs...they will take, plunder, rape and pillage to keep their lifestyles...We the People must do what we can, when and where we can to cripple the giants...Jack is climbing your beanstalk, you hideous and smelly giants..we are taking your golden goose from you..we are turning the tables on you...
prodigal1978 5 months ago
Money is Just an illusion , albeit a very ppesistent one ..
oicub2 5 months ago
string him up for murder and pedophilia.
covertgreen 5 months ago
If you cant trust Zionists with our money, who can you trust?
StSimonMartyr 5 months ago
Regulators probably cannot be trusted as they are payed by Ben Bernankle and his masters,who are zionist/satanic hybrid humanites.The hybrid families are owners of the worldwide fraudulant banking system which calls itself ''federal'' when it is not federal but a private business operating under disguise! They must be stopped!
JumpnEvolution 5 months ago 2
Suck it bernanke!!! Tax the Federal Reserve!!!
707lonewolf 5 months ago
@707lonewolf Better yet, end it!
JuggalocodeChile1988 5 months ago
Congress gets it, and the mainstream media still plays dumb, the corporate trolls...
paulcoonan 5 months ago
Is there a video of the entire questioning?
JediLiz 5 months ago
aaarrrgggghhhhhhhhh
Salihovicable 5 months ago
Bernanke needs to go down with the sinking ship Fedres.
KingRyltar 5 months ago
The regulations where cut by the banks.... this was all plained.
MrMooseheadbeer 5 months ago
@UnibloggerV i posted it on reddit, push it up if you like. Link's in the description box.
PlanetEarthAwakens01 5 months ago
Ben, I have magic feces...... if u wipe it all over u it will protect u from the awakened ..... 4real, its almost as good as ur magical skills, its free 4 u, wuuuuuuudup foo!-
RayK47utizube 5 months ago
Id respectfully party w ben
..... I can see his soul is suffering, he has a lost, yet cocky look.... pooooor bb...
RayK47utizube 5 months ago
@RayK47utizube
he is soul-less, sold it long time ago...
rolovolo 5 months ago
Nice Grab, Sending to FB and TWIT
Resistance4Liberty 5 months ago
Bernanke is always tense and uneasy. We all know why.
ytrogergt 5 months ago
Bernanke is likely a clinical psychopath, look up the definition, you probably know more than you think.
8Recon8 5 months ago
:D Love the geeky 99%er texting away behind him! And.. "But I would like to point out that..." that they aren't really planning to see that the rules of dot frank are ever in fact in place, or that we give a crap.
And for the record? Racism isn't going to get you anywhere, skb0rzn- you poison the whole water supply with your hate. I thumbs you down, and hope everyone else does the same.
Kaotiqua 5 months ago
his days are numbered!!!
douglasryan 5 months ago
How about failure in Fed policy esp. the past 30 years?
IrradiateTheNWO 5 months ago
Number of the Week: Food Inflation Foments Political Unrest
blogs.wsj.com/economics/2011/03/26/number-of-the-week-food-inflation-foments-political-unrest/
World Bank: Chief Economist, Stiglitz Goes Public
skepticallyDOTorg/wto/id6.html
"The IMF riot is painfully predictable. When a nation is "down and out, "the IMF" takes advantage and squeezes the last pound of blood out of them. They turn up the heat until, finally, the whole cauldron blows up"
DwayneHoLLowayLive 5 months ago
Ben Bernanke is another fraud and paid shill that's working for the criminal elite to bring down America financially and economically. As well as to make sure that the U.S. Dollar is destroyed to bring it all in under the Global Currency protocols of the New World Order structure.
Federal Reserve Charmain Ben Bernanke at Bilderberg 2008
watch?v=LfgGm2QEzyQ
Ben Bernanke Confronted by WeAreChange
watch?v=4AcpznV4RGY
BILDERBERG 2007: WELCOME TO THE LUNITIC FRINGE
watch?v=8QdjwP7MQ8E
DwayneHoLLowayLive 5 months ago
I would have disrespectfully disagreed by choking the shit out of that MF Ben B!
tr75out 5 months ago
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Oh he's making progress all right, progress in driving the world and 99 percent of the population right into the dirt.
acuriousbeast 5 months ago
Oh he's making progress all right, progress in driving the world and 99 percent of the population right into the dirt.
acuriousbeast 5 months ago
Hell Yeah!!
roseagain2 5 months ago
Great upload, are you going to upload more of Sanders from todays meeting?
HowFreeAmI 5 months ago
He even looks evil
hoosierhiver 5 months ago
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YOU'RE THE VOICE OF AMERICA
Students, Work unions, Marines and many other groups have joined forces with Occupy. Do not listen to media outlets -- they're funded by Wall Street. They will never bite the hand that feeds them, never.
Tens of millions will gather nationwide.
KEEP IT UP OCCUPY WALL STREET! THE NUMBER ARE GROWING!
CECOAdvocate 5 months ago
Jubilee!
kimintexas 5 months ago
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Jew World Order
Salihovicable 5 months ago 2
Vid "Thumbed WAY Up" & "Faved"!! Thanx!
LaPuertorra69 5 months ago
Xcellent Clip, Sweety! Bernanke is a evil, lyin' Piece of SHIT! END THE FED, BIOTCH! Ron Paul 2012!!!!!!!!!
LaPuertorra69 5 months ago
Asking this Zionist shill anything is like asking a snake not to bite.
skb0rzn 5 months ago 22
@skb0rzn you know it! He's a trained liar.
PlanetEarthAwakens01 5 months ago 22
@skb0rzn racism is poison and in the 21st century, you should be ashamed of the hatred you espouse.
Kaotiqua 5 months ago
@Kaotiqua HA! Its not racism, you are either falling for their lies or ignorant of the FACT that ZIONISM has little to NOTHING to do with Race or Religion (So don't even try and pull that shite with me) but a POLITICAL IDEOLOGY. So DO NOT EVEN TRY IT! I am far from Anti-semitic, matter of fact ZIONISM is Christian and "Jewish" .. here ya go /watch?v=Q7tupJRSi7M
skb0rzn 5 months ago 2
@Kaotiqua and you are supporting it
skb0rzn 5 months ago