UBS Wealth Management Senior Equities Strategist Pushes For Nationalization

[markfuller042]

Thanks for sharing this video..

[YTCitizen]

what's the minimun capital to be elegible to UBS wealth manadgement services?

[jjjjsulit]

UBS is under weight the financials sector. Talking your position you twat. 

[WordAndReason]

We remain cautious that there will be much leftover for the equity holders I just love the verbal dancing this guy does. Nowhere in his two answers, does he display any of the confidence he claims we need. He looks like hes sweating bullets actually. He actually thinks fear is a legitimate financial incentiveWay to go!

[incrowdcynic]

So right. That or he doesn't have a fucking clue. And look at the guys' faces. Who is he pitching to?

[WordAndReason]

I'll bet all through Jan-Feb. every last one of these financial ''professionals'' were like chickens running around without testicles or clues (they still are). I have no doubt that the commentator knew it too.

I can't believe people like this guy are supposed to ''think'' up and implement solutions.

[Richardgwm]

See, when Wall Street calls for the government to nationalize the banks, that is sound free market policy. But when Barack Obama cuts taxes on the working poor. . . That is COMMUNISM

[averageworkinggal]

The Swedes did not have to deal with off balance sheet entities such as CDSs.

Nationalization means nationalizing assets and liabilities.

The normal way for insolvency is bankruptcy.

When a Godzilla banks goes under like Lehman, it can trigger an investor panic like Lehman, and cause more dominoes to fall and capital to be sucked out of the economy.

[CoxXximus]

God ... I really feel like beating up anyone wearing a BUSINESS SUIT !!!!

[BayAreaLen]

I think that will happen soon to the California state legislature. We have no budget, no tax refunds and are sitting on 20,000 state job layoffs and a hault on state construction projects.

[gsuitter]

Bla Bla Bla

Let them go bankrupt then tar and feather the CEOs!!!

[mcgloinm]

Also is paying us $780,000 in fines for helping Americans hide some of their money to evade paying their total taxes. Good for UBS!

[Mel1334]

I wouldn't trust anything this bank or anyone affiliated with it says.

[CarryANation]

nationalization is the only way. Wipe out the shareholders, nationalize, sell off the assets of the ones you can't save, and the ones you can save sell off in 5-10 years at a profit.

Whatever we do no "BAD BANK" scam where WE have to buy all the crap but get none of the profits.

[SubmarinerAndroid]

no bailout, no nationalization!

[hearingjuan]

The system HAS got to be put through bankruptcy. Resistance is happening because they will realize that marking off "some" of those bad assets will consist of almost everything. USD$690 Trillion in derivative contracts CANNOT be paid. They have to put the banks through bankruptcy, and tell the hedge funds and investment banks that they WILL NOT get paid on their bad gambles. This will be bad for a lot of people, but the alternative is a complete collapse of the economy.

[animeownage86]

A dictator gives no freedoms, spreads hate and division and gives everyone a pathetic amount of everything to keep them in order or a false democracy gives a few everything and leaves everyone else to be crushed to death with the freedom to spread hate and division on their own. You just can't win in this world.

[animeownage86]

That's the problem with capitalism first a business starts, then it grows to be larger the small business and crushes them and no one cares losing there jobs is just a game the corner store didn't work hard enough to defeat a multimillion dollar corporation, then they grow so big they take over everything and then there own greed causes them to fail taking down so many innocent people down with them and republicans again don't care. Then again pure socialism leads to stagnation no good either.

[Steadno]

Phuck the NWO!

[Urschleim]

fuck narrowminded retards who need to simplify the complex world into NWO conspiracys.

[Steadno]

remember your words blue pill popper!

[stewart0312]

Yeah, nationalise loss, privatise profit. Notice the scaremongering by the UBS stooge- "alternative is quite worse..." unless the taxpayer picks up the tab. Unfortunately this type of crook is currently advising Presidente Change.

[Pleblian]

How true, the banks have us by the balls and are holding the country hostage until they get what they want.

The Banks engineered this bailout 5 years ago just like they did in the eighties and nineties. The only real difference is, they got they got rid of the option of bankruptcy which trapped people to foreclosure.

The banks are calling it "toxic assets" when they are nothing more then the hedge funds many of our politicians bought into, if anybody was paying attention.

[Pleblian]

Isn't it fortunate you live in a constitutional republic where you can win?

Your founding fathers saw through this kind tyranny and embedded provisions in the constitution to stave it off. The problem is, as with most forms of government, you don't have self governing citizenry with the education to uphold it.

In essences: We're the problem!

[voyeurdug]

Several more, "ya know"s, applied to vague generalities, to make any sense at all.

The stock market and the economy as a whole, is, every day, adjusting and repositioning, so any move on any particular day, attributed to breaking financial news that day, is totally stupid.

[j0hnwi11iams]

Nationalize the federal reserve and cease paying interest on the national debt.

[tannersanta]

Modern banking system makes money out of nothing. Bankers own Earth. Take it away from them, but leave the power to create money, and with the blink of an eye they will create enough money to buy it back again.. Take this power away from them and all fortunes will disappear, then this will be a better and happier world to live in. If you want to continue to be slaves of the banks and pay the cost of your own slavery, then let the bankers continue to (fuck ur ass) create money and control credit.

[annarboriter]

It will to be a long slog to dig out of this deep hole dug over the two terms. The main question now is who will be expected to do most of the heavy lifting and who will takes hits.

Nationalization, reorganization, call it whatever but the market would rather drag down us all with cash on hand than simply accept that stupidity did the big boys in.

The bankers figured out how to price the homeowners' desire for ownership and then they sold it off to folks with too much that needed stuff to buy.

[CYLONEJACK]

I hate socialblism. Right at the same time my TV told me so!

[njcarlos1]

I hope that wasn't a sly comment to imply socialism is actually GOOD. I love morons that comment who've never lived under a socialist government. My parents fled socialism, and they've vowed to flee America if we decide to be so foolish to go down that path.

[Pleblian]

If you live in the states, you're already socialized.

there are many different social control mechanisms that pose as a free market in your country but in actuality, they're nothing more than a type of fascistism.

But you're right, Socialism isn't a good thing it just seems to be the only answer when faced with cooperate greed

[njcarlos1]

You're totally right. We have a lot of social welfare programs. I'm not opposed to a social welfare sector, but it has to be very limited and efficient. Most of America's programs are neither. In fact a lot just perpetuate the burdens they seek to remedy.

[CYLONEJACK]

"socialism-A form of government which collects and distributes resources as it sees fit."

Thats from Websters. If you pay taxes, the money is resources. Most governments of the world are socialist to some extent. I think its funny socialism became the word of the day when McCain was running and he started saying it. its not an original thought.

[UGOTDAJACK]

Americans are so fucking stupid.

[hiriumi]

Because those CEOs and executives can't manage. Period.

[averageworkinggal]

No, socialism is bad because the documentary 'Commanding Heights' showed just how bad it is.

[PersonalJesus348]

if its in a movie it must be true...

no economist today promotes Laissez-Faire. It died during the First Depression. They all agree some sort of protections for all citizens to have some safety. The length the government should go is in debate. But not protecting the constituency.

just cry yourself with a gun in your cold bare hands.

[Karlfalcon]

You're a dumbass.

[sugarpuddin88]

The FED, acting as bartender, gives out free booze to the bankers

The banks in turn have created many fake instruments like derivatives

One quadrillion dollars is the sum of outstanding fake derivatives (fake money pledged by the wealthy banks to buy real things) 1,000,000,000,000,000 on the market, (e.g. a bank with only one real dollar can legally say it owns several billions of real dollars) The total combined assets of the world is only actually a very small fraction of that sum!

[sugarpuddin88]

On top of it, Every 15 months, the USA owes another trillion dollars against Gov expenses!

Prop up the bad guys with money - The total Stimulus package is 9.7 Trillion already!

Reward the mistakes & incompetence!

Weve increased the Money Supply 70% since October!!!!!

Can you imagine?!

Bernanke refused to show up the other day before congress

Altogether, the worlds markets over the past four weeks saw $11 trillion worth of assets wiped out.

[sugarpuddin88]

Fed debt per person: $58K

Un-funded Medicare/Medicaid per person: $332K

Fed's plundered trusts per person: $30K

Un-funded SS: $166K

Every American owes: $586K for FED debt

Gov grows 4 Xs faster than economy

Fed spending grows 16 times faster than economy, (16 fold expansion in control & gov dependence)

The US gov now holds 57% share of entire National Income = Government makes more than all the money made in private sector!

How long does the USA honestly think it will last?

[mikebee02]

Where'd you find those numbers?

[laurieannek]

I wish I had money to take out of the bank...

[lilpeopleview]

well i have got my sun tan lotion on because we all are going to have to go through HELL for a very LLLOOONNNGG time. Thanks very much for all the shit the goverment and greedy people have caused, hope to see you all in a mobile home park soon because thats where you have put all of us.YOU FUCK TOIDS

[flang]

socialism is bad because fox tells me its bad

[marniespeaks]

KILL THE BANKS

[marniespeaks]

and consider hanging them as traitors to the nation

[tetropods]

socialism away!

[hockey2333]

wow this is going to be long, and very tough.

im scared either way, pick your poison.