2009 07 31 Dennis Kneale

[CardsDefense]

Honesty, Integrity, and Reality, that's what you get from Karl!

[vasiliosrigos]

replying to arbitrage down there about kneale

[vasiliosrigos]

Who in the world does he know at G.E. ,that got him his job? I remember six months into the recession ,when it was not yet confirmed by our lagging government , he was still trying to convince viewers there is no recession.

[vasiliosrigos]

Option puts ,option puts and more option puts. Their trying to drag you in the markets and finish you off. All their B.

[ITILII]

Rick Santelli is the only voice of sanity on cnbc

[canuck350]

Brilliant! Thanks Karl.

[wizardofounce]

OK Dennis.

[mrcool011]

I think the stocks are going to go to the moon! How much money is sitting on the sidelines? How much will get printed to keep the market up? The dollar will be worthless but the market's nominal value will be high I think for a long time with the occasional dip due to fear. I think pure inflation will get the dow to go high and stay, pay more attention to the dollar and Tbills.

[smartfan2]

Thanks for the Truth Ticker Guy.

[curtishawkley]

10,000 is the top. Ten zero zero zero is the top.

[ADoseofReality1]

They're only numbers karl, only numbers.

What a douche bag Dennis is. Blah blah blah, karl is making too much sense, Im ust resort to interferring with more rubbish talk, blah blah blah

CNBC get lost!

[gunnerrat]

Where are the jobs indeed. When will foreclosures go back to normal levels? When will commercial loans defaults return to normal? When will the big banks be solvent (and lend)? When will personal bankruptcies return to normal? When will government reduce it's massive debt and balance the budget? When will worldwide droughts end and fewer people suffer starvation? When will the pandemic end (don't underestimate the economic disruption of a pandemic). And on and on.

[gunnerrat]

So what do you think is going to happen and why?

Whatever your position, you need to have strong support for it. Right now, there's a LOT of support for having a very negative economic outlook right now.  All the fundamentals are very bad right now.

[sirzuke]

The only reason why Dennis is on CNBC with more airtime is because most people despise him, so CNBC puts him on more....just a sick circus we all love to see.

[hellshade2]

i find when you have an ass that needs to talk over you, then that person knows your right and does not want to hear the truth. besides that it's just plain impolite....

[aw3212]

Man I hope your right, but man are you wrong. Don't buy the artificial GDP and artificial inflation numbers. They have changed how they record them and that is FACT. If they use old methods that didn't favor positive reporting, the numbers would be way worse.

I'm sorry but when unemployment is between 18-20% like it IS NOW, we are not ending a recession.

[spazznout]

We'll see you on the other side!

[biohax]

I agree. Maybe these hosts do realize to make profits on markets by timing, one has to be right maybe 80% of the time That's hard to do. Buffet buys to hold forever.

Unfortunately, these talk show hosts try to cash in on short term trends rather than analyzing what is fundamentally happening.

[agilio333]

kneale is a blithering idiot

[disasterpastor45]

All these verbal numbers confuse me. Do you have Powerpoint Slides for props?

[doctorofghetto]

The government always manipulate data, especially on those U number statistics on unemployment.

9.5%...yeah right. We should rely on U6 numbers, which that is at about 20% by now. As our safe bet, lets just times 9.5% by 1.5. That is a safe unemployment rate of a number, at least.

[davincij15]

Karl!

You are not telling me, and most of us listening anything we do not already know. What YOU yes YOU need to understand from this is the government is and always has been CON-ing  the public.

So the real useful information is to mention the con and to provide a profitable action for your viewers.

[propanes]

fwiw, one of the headlines on the druge site reads, "The government plans big revisions to historic economic data.."

[ohio1998]

Sold most of all of my stocks. Sold PVR, AWC, and PFE. I would sell my last 5 stocks, but I'm down over 50% on those. I'll wait for another "shake up" and just average them down. Oil isn't going to be replaced by anything anytime soon!

Karl, your the man!

[RichLather]

why do you wear a tie? Are you actually wearing slacks, or bermuda shorts? lol

Thanks for not yelling. I can't stand the cacophony on CNBC....it seems the recipe is to interrupt the speaker with the pertinent points the most. I can't believe they gave that guy his own show.

At which point did it become the duty of tv news to evangelize and tout the stock market instead of objectively reporting facts? That, in and of itself, causes me to suspect their motive.

[OneEyedPony]

Karl, Karl, Karl...

Post some powerpoint slide with all these numbers as you talk, it's too confusing.

Difficult to follow all this 1.9 plus 3.3 plus minus negative first revised, please display.

[kdenninger]

Ok, I'll do one today if these damn storms will cut it out (it will ruin the audio) :)

[rangeyer]

Denninger you are awesome. You're my favorite person to listen to on youtube. Keep up the good work!

[putittogether]

Great job explaining this critical information.

[aw3212]

I personally don't think you guys (Peter Schiff) should go on those shows. They simply use you - Karl lets you speak so briefly then in an arrogant rant dismesses you. Don't give those losers the time of day - they will fall soon. You guys are propping them up, dont help them, ignore them.

They are paid to run up stocks and "sell" this rally to the average Joe investor who thinks he knows the market because of idiots like Karl.

I NEVER turn MSNBC on and never will. Keep up the good work.

[pookiecatblue]

I think you got your names mixed up there. 'Dennis' is the idiot who doesn't let anybody speak.

[aw3212]

OOPS! Yeah Dennis, not to mention my dismiss typo. Oh well, sometimes my brain works faster than my fingers

[Ntone606]

SPX 200 by 2025.

[Tribefull]

A lot sooner than that.

[jryan1971]

"tries to make points that don't make any sense"

yep. he should just be quiet

[hoverboverer]

That Kneale guy does an awful job. If I run that TV company I would sack him. What's the point of letting four guests (plus presenter) talk over each other the entire time? The face of the guy in the bottom left said it all.

[Atoyota]

ok it's getting scary again.

good job Karl, keep the truth coming.

[exspastic]

LOL- the entire clip is nothing but people trying to talk over each other. real informational /s

[eurogoldexchange]

KNBC, Go public! I want to buy shares!

[LisaJ4Liberty]

I just watched the interview Karl, you did a great job.

[justjacqueline2004]

At this rate you,Schiff and Ron Paul ought not to fly-you must be the most loathed people by the establishment.

Maths rules,just our masters' mouthpieces cannot add up!Cogently argued and a real asset to the American people-hopefully one day they will all listen and learn.

[sublimetrance]

Karl maybe you can answer this for me (or anyone else for that matter).

I have no formal education in economics here, just as an engineer and thus a fairly good grasp of mathematics and recently started learning about economics.

Since then, I have often wondered WHY economists include government spending in GDP figures???

To me the GDP equation seems like a flawed mathematical analysis considering that the federal government, year after year, deficit spends...

cont below...

[sublimetrance]

Because of all this deficit spending year after year, doesnt that mean that any current year's GDP numbers are ALWAYS artificially inflated because the government is basically stealing from FUTURE production in the real economy???

Your video somewhat makes me think I am on the right track here.

Am I off base here Karl?

[kdenninger]

No, you're spot-on. Borrowing is not production-based and all government spending is inherently borrowed (either from taxes received, short-term borrowed, or from formal debt-issue.)

[73to79ford]

Good job Karl. Yes everyone please comment and rate, it somehow helps the video get more views I guess.

[linux23dragon2008]

It looks like things have to hit extremely heavy and hard against the people of the USA to have a real revolution.

Blood flowing in the streets just might be an understatement. It is a shame it has to go that far if/when it happens.

[NowisEvollovetion]

Karl,

I very much enjoy listening to you market analysis.

You are lucid, controlled (in your manner) and obviously very well informed.

I am watching you from Northern England, so you have fans on this side of the pond too.

Keep up the EXCELLENT work.

5 stars from me.

[sharpsteve2003]

Dennis Kneale reminds me of Eddie Haskell

[lllraverslll]

funny how the wont let anyone talk and they call that being informed ... they odd to just censor it out with beep's ..to prevent us from hearing what we should not hear. perhaps then people would get it.

[ABETRMAN]

Karl

Don't give in.... don't give up....

Just give-em HELL MAN!

Five stars and two thumbs up.

Blessings to you and yours Karl.....

[sailfished]

truth is good Karl, even if it is unpleasant

[cpswyl2]

Great to have someone lay out the gov stats in a true light

[BendoverBernanke]

Thanks Karl.

[rexoid]

Keep the opinion coming Karl. Everyone please comment..just say hi..good vid/points or whatever. Boost the access by rating and commenting. Karl..thanks for taking the time and interest in this venue for everyman. Please don't get discouraged.

[FatLibertarian]

Haha, Karl good job OWNING him. He got all "my dad can beat up your dad" on you. He tries to debate you without really mentioning any facts.. FAIL. Thank you so much for going on CNBC and slapping them around, it means a lot to us little people.

[bhaktadasa]

Karl, you are the one who I appreciate listening to every day. Thank you for your integrity and intelligence!

[Gilgamesh73]

Amazing research and findings Karl!  You have got the goods.

[ninanwk69]

. At the rate they're going it will be a while, if ever, before the economy recovers given their spending plans and the consequences of taxing industry and entrepreneurs into oblivion. Whatever new money flows out of consumer wallets will be for big, hefty increases in state and local taxes, and spike in gas prices not consumption. So, how's that stimulus working for you, now America? Maybe the President and his nitwit VP can find someone to have beer with to sort this all out.

[kendjo]

He and his earpiece are so horrified of you im suprised they invited you back on.

[myruin25]

dude you owned him. don't even sweat it.

[chipleyfla]

Karl,  Keep up the good work. We are counting on you to bring us the truth!

[mcgrawtim123]

Thanks Karl. I was surprised by the fact that govt. spending can fluctuate so much qtr. to qtr.. e.g. -4% one qtr. and +10% the next, and that this is included in GDP numbers. That's not right.

[navtel]

great info karl.. you the man..

[dandrennan]

Good information, as always.

[Unkn0wnGuy]

Good job Karl, great vid

[UcantBeSerious03]

Can't you throw a sheet over the monitors? While you were talking I was noticing how they weren't level. Bring back the view of your bookcase or something. A little more professional imho

[1mealperday]

was smarter when young. hey Thanks for the total freakout up date

5 year UST failed

frontrunning on the street

private debt paid by public

debasing of the dollar

manipulating PMs

and more and more

in the end may lead to war

5s fav and good will to you

[soulharvest2012]

I have zero interest in what Denny Douche has to say. Zero.

The only reason he had Karl on is to attract viewers. Rumor has it CNBC's ratings are so low the network is in danger of being canceled.

Boycott CNBC. This is a fraudulent media outlet that has assisted the criminal coup detat of the bankster elite. In time there will be Congressional hearings and possibly even criminal prosecution of the producers and anchors (Kudlow, Cramer, et al) just as Tokyo Rose was put on trial after WWII

[banjojambo]

kneale is fricking annoying he sounds like a retarded parrot

[meikagirl]

Thanks for all of your honest effort!

[jocknomore]

Hurrrah Karl!

[itsthecurrencystupid]

Holy moly Karl - keep it up - we need you! Don't stop.

[Bassmarko]

I found the video. You did well and made some good points before he cut you off. You did have some good support on the show that was nice to see. If things are going so well why was everyone yelling at each other? Loved the anti-Socialist comment that really got them going.

[wizardofounce]

Dennis Kneale's a schmuck.

[3dbeing]

I thought Dennis Kneale was an idiot... google it... ;^]

[wizardofounce]

Yeah, he's that too. ;)

[Bassmarko]

Another awesome video Karl. I will take a look for that Video to see how you were treated. I just saw a video of Peter Schiff being kicked in the face on Kudlow. What a bunch of morons. They kept bringing up GDP like it was their gospel. Thanks to you (Karl) I understand why we cant take this number seriously. I see nothing in this economy that will stimulate growth. Do you?

[stshell]

karl i really enjoy ur comments as always and love the blog.

the only thing i am investing in atm is canned food and heirloom seeds cause this year has been horrible for our crops here in the states.

[mlong5151]

ps he did say in affect he liked your#

[mlong5151]

i smiled when i saw your face on dns show he needed a skirt to go with that tshirt cheerleader he is. but that fact you were on is back door telling the truth

[RodneyHampton]

Karl, you need to whiteboard this. Many of us are visual learners.

However, great info and research...kudos to you for sticking to your guns against the mainstream media and government. I find it interesting that the mainstream media is now reacting so violently against the non-traditional/alternative media.

[1mealperday]

agreed i had a hard time with so many #

[jimw81a]

Thnaks for another great bit of info as always