and all of this stated before the MF Global fiasco. The town Mr. Black is reporting from is populated by classic political sheep. many will agree intellectually but none will stick their precious ivory tower career out to quell the tyranny against we the people.
Starve the beast! stop voluntarily using Federal Reserve Notes! Private script has been a problem in America since before constitutions. legislative and financial fiat only have contractual authority by willingly governed serfs
NO, to rob a country you must use a bank to buy a government. Banks don't get to get away with breaking the laws until they own the government which will stop people from reciving getting their stolen money back.
BARRY IS IMPOSTURE! Check out what the BLACK PASTOR, MANNING details about "Barry" aka "Obama" here on the TUBE -- no wiggle room there -- TRUMP handles this nest of dumb-bell brainwashed ninnies, and the background's "clapping cows" .... match this brood [on the TV show the VIEW, re the “Trump on View Birth Certificate”] of loud mouths and their circular "reasoning": IMPOSTURE BARRY IN WHITEHOUSE!
@underthebox Hold onto your internet, because that is the next target. In case you haven't noticed, the television is owned by a certain few who control everything we see. EVERYTHING! Find out who they are and you will have your answer. The internet is next on their list. They have an agenda, and Mind Control is the first item on their agenda.
Respond to this video... Please don't change and go over to the Dark Side! Keep this news and all other news which impacts our lives, keep it and hold it close to your heart. Thank you for doing this.
ae911truthDOTorg - its a big jigsaw puzzle and their are many pieces
I believe the muslim lands were invaded not for oil but because Islaam (like Christanity once did) forbids and interest based economy and instead promotes a model of mutual cooperation similar to JAK BANK in sweden. just youtube: JAK BANK SWEDEN
How about some category B felony arrests and prosecutions, for Dereliction of Duty of SEC, Federal Reserve Board, FDIC, and all the other high regulator Coconspirators to defraud the public, that sat with 1 thumb up their ass and the other in their mouth, playing switch?
@kentucky9000 Are you crazy, we have to get back ownership of our federal government, and set very strict regulations, before this is even close to an option.
@kentucky9000 so they can rape the world (the U.S is not the world btw, can't believe i have to mention that) even harder than they already have.. honestly don't think you know what your talking about..
A moneyless,classless,stateless communities of humanity expressing our freedom in creative harmonious cooperation for a world that is so POTENTIALLY AND ACTUALLY nourishing. Capitalism in any form, Statist or Corporatist is the denial of our common humanity in a politically manipulated,tyrannical armed MARKET SYSYTEM of artificial scarcity that is designed to perpetuate the enslavement of immense humanity for the material interest of the criminal ruling elite
Who hell buys a $500.000 dollar home making $60.000 dollars year come-on people . Its corruption then and it corrupt today 2010. savings and lone bail out 2yers ago and know there doing it again and look what these bakers pay them selfs is pure criminal. i say have one world bank with fedral oversite. this will stop it.
People seeking liars loans are a big part of the problem but banks giving the loans out are supposed to know better. The majority of the blame falls on banks and government lack of oversight. People need to lobby against these kinds of lenders because even if you don't seek risky loans, the banks will destroy your freedoms and quality of life by giving them to others, as is evident by the crappy economy and austerity measures coming to a community near you soon.
They deserve the bonuses because they are much smarter than us villagers. They are what we commoners refer to as superhuman. I guess if you have the mindless law saying it's ok, than let's all go back to flipping burgers and shovelling french fries while they keep up their business activities.
Judicial is non-existent in our government, and therefore guilty of TREASON, High crimes and misdemeanors....IT was THEIR job to step in and prosecute...
@estorpai ..... if you watch the Gerald Celente videos here on Utube he backs this up with stating that it's the "White Shoe Boys Club" who are running the U.S. and robbing the middle class blind.
(off topic) Jacque Fresco- Search for Venus Project & Zeitgeist Movement! Beyond Poverty, Politics, Crime & War. A world w/out Money, is it even possible? Stop the Greed w/in the Government ! (Links are in my page!!) Act Now before it's to late !!!
@skydivinwhitey What you do not know is that Hitler was actually funded by international banks from his rise to power. How did you think Nazi Germany build its colossal military machine in rapid order? International bank funding could have accomplished that.
No, to rob a country, influence the government. Maintain a system that encourages ever larger corporations instead of making it easier for start-ups to thrive.
the bankers made rational decisions to minimize risks of default and maximize profits based on the fact that CDOs carried AAA ratings. The international government agreed on Basal accords and banking laws REQUIRE that all CDOs be RATED by one of three government approved rating agencies. These rating agencies failed to access risk b/c they were incompetant and there was no real competition. Also many of these bankers lost 100 millions in stock value.
"The more I see and read, the more angry I become. I don't understand why there is a lack of outrage about the biggest looting operation of all time. These people should all be STRUNG UP & HUNG PUBLICLY!"
The more I see and read, the more angry I become. I don't understand why there is a lack of outrage about the biggest looting operation of all time. These people should all be STRUNG UP & HUNG PUBLICLY!
@dink65 you mean at like a protest? You know, where people get maced in the face and beat down or kidnapped in a car by army uniforms and never to appear again? I think that's where the outrage went.
@dink65 problem is there's a lot more snipers on the other side. Any place those people go will be secured in advance because they already know the risk is out there before they open their yaps to show the world why they ought to be knocked out. But the system is also the problem: it's a slot designed to fit a person of corruption and removing one with another doesn't change the nature of the machine.
@ytgv3fc7 - I hear you. Indeed, the system is a complete failure and eventually, those people will lose control and not have any protection or support. They should be torn apart by their limbs for their epic crimes against humanity. I believe that day will one day come, but it won't be soon enough.
I have the solution. Declare all greenback currency worthless. Print new money and send the marines to the goldmines to protect them from the theives.@dink65
@dink65 The reason is because they own the media. That means they own the television networks, The newspapers and radio. The news gets out but no in sufficient numbers. In order for something to happen the news will have to report on it over and over again. Until the people start to "get it".
when the economy drops through who knows if people will ban together or if they will riot the streets and backstab their former neighbors.everybodies base instinct is survival how many people believe morality will reside over anarchy to my knowledge its never happened before in history.dont ``bank`` on it as Im sure those evil cocksuckers in the financial sector would say.
Paul recommended other videos in this one but I can't find them with the tags william black so if anyone has the links to those videos, I'd be thankful :3
@Exposethefrauds Do you think so?Do you think America is being plundered on a big scale from within?I dont write sardonically I am a Londoner and have spent nearly my whole life in Europe (only 1 year in U S A),I am curious because then it would rank an endemic corruption no?And exactly who would be responsible-the bankers themselves or a political group?It would therefore be like if the Bank of England gutted the English economy like a fish-gutting...Thanx for your answer.We still need justice
Look deeper. How did Iceland fail? Yes the central banks and governments have colluded to defraud and rob the world's peoples of their resources, their rights, and their freedom. And since war is the health of the State we see outright fraud justifying expensive but lucrative (to the Establishment) perpetual wars.
I think the man (Mr Black) is right and it's truly disgusting that there has been no arrests and indictments-it is the Crime of the Century.The suffering and destruction these bankers etc have caused are unbelievable-it is now really desperate in parts in Europe 50 million + unemployed across the European Union.If it was in Medieval times we'd string them up!No arrests and never any apology-outrageous!
No srong staring in the camera please, it is scary ;-) By the way, the lead in music is also creepy. Think about a tune with less threat, more triump..
The Healthcare Bill just passed - which means more Rahm, more Summers...there whole approach will continue. When the Dems voted for the Healthcare "reform" bill - they validated the Rahm approach.
These corrupt bankers etc. aren't sociopaths, they are terrorists, and deserve to be tried and hung as such. The same goes for all of those who helped commit this terrorist act on the American people including those in control of our corrupt main stream media.
@aimeechrister Many people invested a hundred dollars and got a million back. Of course, the taxpayer had to bail out the losers in the pyramid schemes.
@aimeechrister They are sociopaths and I'll agree terrorists too. The documentary "Inside Job" that barely gets mention in our mainstream drivel contains one interview with a pudgy little round bankster psychopath who is actually now associated with the Obama administration. I say psychopath because if you have ever had to literally work around them as my work entails you will understand their qualities. Our society truly is creating and rewarding psychopaths and it's ripping this nation.
@aimeechrister They cause terror to reach their own goals, also knows as terrorism. The atomic bombs over Japan were acts of terror too, in that sense. I would like to describe the bankers of today as a mass of people being exposed to each others' sociopathic behaviour and perpetuating it in each other and themselves through rationalisation.
@aimeechrister This is the work of the Freemasons. Do your homework, you have a good heart and it will enhance your mind. Do your research. And I agree, it is a terrorist act done by Freemasons.
So who ignored the FBI warnings and Why? Those people who ever they are need to go to jail. We need NAME.S They need to be on a poster board and can be the first to go to the FEMA concentration camps.
Today the transfer of wealth is done through corporations. Corporations get tax breaks to build factories in your state. They also get tax breaks by being allowed to break the law. The additional profits the corporation makes all go to its owners, which are almost completely the elite. And then the general population is taxed additionally to pay for the tax breaks the corporation doesn't pay.
It's again a transfer of wealth of the overwhelming majority to a few "owning" elite.
Regulations protecting against finacial mismanagement have been systematicly removed years before the savings and loans crisis.
If you place sufficient social dislocation on a society you can mobilise and place in uniform a vast demographic of demoralised, unemployed men.
People were ignorant and naive leading up to the Iraq invasion. You may be aware now of disinformation, but you are now economically dependent on a war with Iran.
@Fiannafailure I agree. Starve the beast. I pay cash for eveything now. Why buy a new car(with payments) when you can buy a used car for 2000$? I think people are stupid to buy a house in America. A house in America are just something that can be seized for medical bills or taxes. Just rent in America and buy a house overseas in countries with national health care and low property taxes. Keep your money in gold/silver and /or foreign banks and safety deposit boxes.
as if both parties didn't work for the same oligarchs!!..May this wake you up to the false Left / Right paradigm....that paradigm is the elites' divide and conquer tactic..we fight each other while they loot the country...
He makes an incredibly important point: it's not just about bailouts, and they do do it on purpose. Some people say they have a vested interest in the wellbeing of their businesses and they are hurt just as badly when they fail, blah blah blah, so we shouldn't regulate them.
But that's BS. As Black says here, "Even if they're not bailed out, the senior officers walk away rich. So the failure of the firm is not the failure of the fraud scheme."
There should be a whole lot of people in jail who naked shorted the captal markers into the ground with no uptick rule and an infinite loop hole to delay delivery of the shares you pulled out of thin air to naked short and scare mom & pop to drop their shares in your lap for pennies on the dollar. The financial institutions were protected though when it became apparent of how wide spread this money making strategy was in late 2008.
Capitalism requires people to work. And with limited restrictions, the agressive can build companies. A good deal of people today expect handouts and things for nothing. - they will also hate capitalism.
However capitalism only works well with people who are basically ethical. Once you get the jewish named firms on wall street - its like card sharps playing with Sunday school teachers. Sharks will steal without compunction. Therefore, regulations and accountability are required.
Actually, the people who have really come to expect "handouts and things for nothing" are the "too big to fail" companies.
Anyone, given full range to their greed and operating under a complete lack of accountability, will "steal without compunction" - even Sunday school teachers. Doesn't matter whose name is on the firm.
True, but they're protected by the government. Without the government, they're vulnerable to collapse and the wrath of the public. Instead, we get the government giving the criminals our money instead of throwing them in prison and allowing their companies to fail.
The government is our big problem, not the corporations and banks who seek that power to their own benefit. More and more regulation will do nothing but lull citizens into a false sense of security.
This isn't capitalism, it's corporatism. Republican Supreme Court members voted to give corporations the right to buy our government. Beware of any channel that has to preface its title with a word like "real" or a phrase like "fair and balanced."
I hope people are doing more to make the world better besides burrying their head in the sand and saying "It's not capitalism!!" "Capitalism still works!!"
The truth is that the bankers did the exact same thing 200 years ago. They would make loans to kings to fund wars. The kings would find themselves with huge debts, and then tax the population to pay the debts. It was in effect a transfer of wealth from everyone to a few bankers.
Glad you understand that bankers have done this before. It seems like you understand it's a matter of debt. It's pretty easy to borrow a debt that you don't have to worry about paying back. Or to take money from other people and spend it without their permission.
So tell me, when has either of those things been considered capitalism?
Well capitalism is all about debts actually. You first borrow the money, then build the factory, then sell your products, then pay back the debt. That's how it has always worked.. Before capitalism charging interest was illegal. Capitalism without interest doesn't work, because then no one would lend.
Let's not pretend capitalism is perfect. In 400 years it has never brought prosperity to the majority. You must reform and regulate to prevent abuses like the bankers, or we find an alternative.
Our money has been created as debt since the gold window was shut in 1971. The word and concept for capitalism is a lot older than that. This is why many people don't call what we have now "Capitalism". And yes, actual capitalism is about savings. (Building Capital)
I don't think I mentioned "socialism" anywhere. In fact, "socialism" works quite well in Europe and Canada. It's typical of americans to think the magic solution is libertarian ideals, well with small government, you'll still end up having big corporations!
I'm also way above ideological discussions that are between two far ideas, there is a grey area where "socialism" can work. Take public health care for example. Capitalism doesn't work, but it doesn't mean I know the solution. Baby steps...
I'm Canadian. I used to think as you do. Then I actually investigated costs. Nearly every country is in debt, and that's far from an "ok" thing. Our medical system wastes tons. I would even be fine with it if the vast majority of Canada willingly paid enough in taxes to afford it. But it doesn't even come close. I'm not saying socialism will create hell on earth, it's just insanely ineffectient compared to privatized solutions. & keeping gov small negates corruption.
The biggest medical care fraud in Canada is caused by insurance companies. Especially workers compensation run by each Province in Canada. The problem is that these insurance companies regularly deny the medical benefits promised so the patient is forced to avail of the public system. That public system is taxpayer paid whereas the workers comp system is supposed to be paid out of premiums paid to workers comp. In other words the insurance companies are "dumping" costs onto the taxpayers.
lol @ the fact that you think brainwashed sheeple who think about nothing but the here & now can really know what's best.....even though the people who let those bad loans go are assholes, you still have the borrower too. They knew that couldn't afford it....but we are conditioned to want instant gratification. They let the money hungry bank do all the thinking for them when if they would have just used common sense they wouldn't be in this situation (foreclosure)
@shaydm06 I'm looking back at all my comments and I never referred to any "sheeple" or brainwashing. I did say it was hubris to think you know better for other people then they know for themselves.
I don't even know if you are arguing any of my points or not frankly, as I agree that people who borrowed improperly should have known better. They are certainly not solely to blame. I harbor more resentment to the deceivers than ignorance.
yeah you didn't refer to that but i did. I'm not really arguing any of your points it's just that u have to take into consideration the fact that average americans can be extremely stupid sometimes. We just sit back and let shit happen to us without caring, as long as they have their tv, fashion and other BS to keep them from thinking about it.
I wish I could give 10 * to this. Thank you Mr. Black in your discussion of DELIBERATE fraud.
If you steal a TRILLION dollars, you will get rewarded with more pay and bonus!
Well said we have sociopaths that control the finance industry and government! When will Americans wake up that these people LIE to you and do not represent you?
Which is worse those that LIE or those that CONSTANTLY believe the lies? Lies hurt in the pocket and people get killed because of lies.
Our so called banking "capitalists" are actually quasi-mercantilists behaving as if they were nations profiting from the backs of other nations except they charge interest instead of tariffs, and the setting of the interest rates in each market is used instead of trade quotas. What China does to manipulate the currency is nothing compared to the quasi-mercantilism of the banking system.
In Pt 2 Paul J asks the only ? that can be asked, did Bush & Obama have any choice in bailing out the banks? I like Bill Black but he punted on that answer. He says that Govn't had the leverage, really? Ron Paul says the same thing, let the banks go under. The average Paul supporter stops there. The US goes into depression along with every country including China. Billions of unemployed. *Hey, it'll happen anyway* & bla bla bla. You have to be very young to say that. Obama is forced to buy time
The implication is that THE PEOPLE were the fraudsters, not the gov't which allowed and condoned the swindling. People who got taken likely now feel that because they were "complicit," they have no right to complain if they lost their houses or savings. Remember that lots of people who remortgaged thought they were going to get rich quick. Homeowners participated in scamming themselves. Clever system, actually.
The Bansters defraud the people but the Governments who take no action to prevent them stealing are the bigger problem. Why dont they take action that's simple most politicians serve the Banksters not the people.
It sure underscores who's calling the shots in governments when you bear in mind that not 1 of these criminal fraudsters has been charged, let alone jailed for it. Our representatives, regulators and justice system has failed us.
You're probably right, and the scary thing is that in America those 2 groups of people you mention, hold prejudices and hate towards "others". So a "quick" recovery like in Argentina seems very unlikely.
"So a "quick" recovery like in Argentina seems very unlikely.."
Quickly recovery won't happen because of the size of the economy. Argentina's failure wasn't that much of an impact to the rest. When the US economy fails, the rest of the world fail, probably China will be the first then Japan. One failure causes another then come back to hurt US even more, deeper and deeper into the abbys.
And the most scary possible scenario of this is when China starts to see the dollar collapse is imminent, they will try to liquidate their credit toward US before the currency becomes total junk. I can't imagine what US will do to stop that.
@allgoo19 He's a British journalist. Just read the Telegraph newspaper. He's in the finance section. Credibility? Hhhhmm. The Telegraph is a major British news newspaper. Decide for yourself...
and all of this stated before the MF Global fiasco. The town Mr. Black is reporting from is populated by classic political sheep. many will agree intellectually but none will stick their precious ivory tower career out to quell the tyranny against we the people.
Starve the beast! stop voluntarily using Federal Reserve Notes! Private script has been a problem in America since before constitutions. legislative and financial fiat only have contractual authority by willingly governed serfs
pax
FairEnterprise 2 weeks ago
I want this video on my J300 unit.
rafaelsalinas58 1 month ago
Your vid is popular on Leste)Dili
kirbymelton23 2 months ago
own a bank
MegaJane37 3 months ago
NO, to rob a country you must use a bank to buy a government. Banks don't get to get away with breaking the laws until they own the government which will stop people from reciving getting their stolen money back.
MirageScience 3 months ago
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@MirageScience Real Footage Of Real Banks Causing real Problems
Watch “How To Rob A Bank” at UmotionS.com.
See the trailer at my channel with the link in it’s description.
DedmanUmotionS 3 months ago
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!! A MESSAGE TO ALL BANKS, RELIGIONS AND THEIR ASSOCIATIONS !!!
**★★▬▬▬▬▬▬▬▬ஜ۩۞۩ஜ▬▬▬▬▬▬▬▬▬★★***
.............You can fool some of the people all of the Time,
......................And all of the people some of the time
..........But you Cannot Fool all of the people all of the Time!
.......★STOP MASS HYPNOSIS★START A REVOLUTION★
'Thump me up if you Agree! And Do Not rely on a rigid and fakebelief
system to give you a false sence of Security and Meaning'
LikaPyramid 4 months ago
its a really good question-just who is protecting the banks and why are they protecting these banks??
tranccefiend 5 months ago
@mandaladouble We, The People, can get control by controlling our minds. Big Brother is here and he is intent on controlling EVERYTHING
girlycajun 5 months ago
In capitalist America - Bank robs you!
Hunterbgpz 9 months ago 13
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@Hunterbgpz Real Footage Of Real Banks Causing real Problems
Watch “How To Rob A Bank” at UmotionS.com.
See the trailer at my channel with the link in it’s description.
DedmanUmotionS 3 months ago
Capitalism is a system of greed and exploitation. Capitalism itself greedily exploits a human being's innate need to be greedy and exploitative.
MarKSlamS621 9 months ago
@MarKSlamS621 Who promotes Capitalism? Who controls the media? There is your answer, MarKSlamS621.
girlycajun 5 months ago
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@MarKSlamS621 Real Footage Of Real Banks Causing real Problems
Watch “How To Rob A Bank” at UmotionS.com.
See the trailer at my channel with the link in it’s description.
DedmanUmotionS 3 months ago
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BARRY IS IMPOSTURE! Check out what the BLACK PASTOR, MANNING details about "Barry" aka "Obama" here on the TUBE -- no wiggle room there -- TRUMP handles this nest of dumb-bell brainwashed ninnies, and the background's "clapping cows" .... match this brood [on the TV show the VIEW, re the “Trump on View Birth Certificate”] of loud mouths and their circular "reasoning": IMPOSTURE BARRY IN WHITEHOUSE!
LogicCheck 10 months ago
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“FONT FACE, POST ’67 SELECTRIC | NWO WHITEHOUSE DECEPTION!”
Lt. Col. Terrence Lakin | TRUMP, on ‘TUBE!
Online, American Thinker's site details monkey business:
Obama-abomination. "Joe Farmer" rips "the dude’s" lies.
LEARN: about flabby lips; all aspects-Hawaii's: HRS 338-5;
HRS 338-17.8; HRS 338-14.3; jailbait-Dr. Fukino; res judicata;
His Excellency Peter Ogego, Kenyan Ambassador to
US-CONFIRMED–born, Kenya; WRIF FM Detroit; ‘Ouch
US-SEE: PROOF!!! Obama Birth Certificate Fraud
LogicCheck 10 months ago
The best news sources are now online. Protect the internet!
underthebox 11 months ago
@underthebox Hold onto your internet, because that is the next target. In case you haven't noticed, the television is owned by a certain few who control everything we see. EVERYTHING! Find out who they are and you will have your answer. The internet is next on their list. They have an agenda, and Mind Control is the first item on their agenda.
girlycajun 5 months ago
Respond to this video... Please don't change and go over to the Dark Side! Keep this news and all other news which impacts our lives, keep it and hold it close to your heart. Thank you for doing this.
girlycajun 5 months ago
This has been flagged as spam show
@girlycajun Real Footage Of Real Banks Causing real Problems
Watch “How To Rob A Bank” at UmotionS.com.
See the trailer at my channel with the link in it’s description.
DedmanUmotionS 3 months ago
ae911truthDOTorg - its a big jigsaw puzzle and their are many pieces
I believe the muslim lands were invaded not for oil but because Islaam (like Christanity once did) forbids and interest based economy and instead promotes a model of mutual cooperation similar to JAK BANK in sweden. just youtube: JAK BANK SWEDEN
dxvxvx 11 months ago
@dxvxvx You are close to the truth. I have never heard of Jak Bank, Sweden but I will investigate it. Thank you, dxvxvx.
girlycajun 5 months ago
Sorry my fellow Youtubers. But seeing your comments only make me sadder. It just shows all we can do is complain. What a world.
mrpinkproduction92 1 year ago
why is there no outrage?
655Robert 1 year ago
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@655Robert Real Footage Of Real Banks Causing real Problems
Watch “How To Rob A Bank” at UmotionS.com.
See the trailer at my channel with the link in it’s description.
DedmanUmotionS 3 months ago
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We have exterminated the property owners in Russia.We are going to do the same thing in Europe and America.
(The Jew,December 1925,Zinobit)
This book is very detail about their plan,please read it for free on internet.
Who Is Esau-Edom..Who Is Esau-Edom..
MsMihailescu 1 year ago
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We have exterminated the property owners in Russia.We are going to do the same thing in Europe and America.
(The Jew,December 1925,Zinobit)
This book is very detail about their plan,please read it for free on internet.
Who Is Esau-Edom..Who Is Esau-Edom..
MsMihailescu 1 year ago
How about some category B felony arrests and prosecutions, for Dereliction of Duty of SEC, Federal Reserve Board, FDIC, and all the other high regulator Coconspirators to defraud the public, that sat with 1 thumb up their ass and the other in their mouth, playing switch?
centurion180ad 1 year ago
sometimes i wonder if killing 1 single person would change the world (in a good way) for good. If only it would be that easy..
gr4ndhustle 1 year ago
I call for One World banking system. ONE U.S. BANK REGULATED BY FEDERAL GOVERNMENT...!
kentucky9000 1 year ago
@kentucky9000 Are you crazy, we have to get back ownership of our federal government, and set very strict regulations, before this is even close to an option.
CAG3013 1 year ago
@kentucky9000 so they can rape the world (the U.S is not the world btw, can't believe i have to mention that) even harder than they already have.. honestly don't think you know what your talking about..
gr4ndhustle 1 year ago
Ford producing too many cars can't bring down our economy
Apple producing too less iphones can't bring down our economy
Banks buying too many sub-prime mortages can
This proves that the financial market is not self-efficient or self-correcting
Which is why regulation is needed
But eliminating the banking industry as a whole directly means to eliminate our currency system. This isn't gonna work. Conclusion, regulation.
rainzoro 1 year ago
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A moneyless,classless,stateless communities of humanity expressing our freedom in creative harmonious cooperation for a world that is so POTENTIALLY AND ACTUALLY nourishing. Capitalism in any form, Statist or Corporatist is the denial of our common humanity in a politically manipulated,tyrannical armed MARKET SYSYTEM of artificial scarcity that is designed to perpetuate the enslavement of immense humanity for the material interest of the criminal ruling elite
arzoyan 1 year ago
they just make one pay off after another, in order to do and say what they want... Screw the banks! ALL OF THEM!
MamaHagglinSoCal 1 year ago
Get Help here at
bit. ly/realsolutions4homeonwers
focusongiving1 1 year ago
@focusongiving1
Nice work.. You remind me of the very sociopaths that pray on the very ones that are with their heads in a clamp.
Why don't you take your "pay me" program and shove it...?
Oh better yet, why don't you tell these good people, that for the most part, they are the originators of the money to begin with?
...sosnews (dot) org (slash) pdf (slash) banks-foreclosing.pdf
...rayservers (dot) com (slash) images (slash) ModernMoneyMechanics (dot) pdf
2 very good readings
gorgeousdzastr 1 year ago
Malice of forethough...done DELIBERATELY
Type" Vdare Bush 5 Million Minority homeowners" into google to see what i mean.
In SW PA where i was living in 1999-2001 i watched 3 consecutive years as the county assessors bumped property values up by $10K-$30K per year.\
Thank God For the FBI, THEY REALLY ARE THE GOOD GUYS!
I am so relieved that there is someone out there watching out for us, who knows about this.
Bunnydancer777 1 year ago
To rob a country, own a bank!
neraK4188 1 year ago
This has been flagged as spam show
@neraK4188 Real Footage Of Real Banks Causing real Problems
Watch “How To Rob A Bank” at UmotionS.com.
See the trailer at my channel with the link in it’s description.
DedmanUmotionS 3 months ago
Wow!
MrMooseheadbeer 1 year ago
Who hell buys a $500.000 dollar home making $60.000 dollars year come-on people . Its corruption then and it corrupt today 2010. savings and lone bail out 2yers ago and know there doing it again and look what these bakers pay them selfs is pure criminal. i say have one world bank with fedral oversite. this will stop it.
kentucky9000 1 year ago
This has been flagged as spam show
@kentucky9000 Real Footage Of Real Banks Causing real Problems
Watch “How To Rob A Bank” at UmotionS.com.
See the trailer at my channel with the link in it’s description.
DedmanUmotionS 3 months ago
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I COULD OWN THE BANK
I WOULD NT ROB
I WOULD SHARE AND FEED
AND EDUCATE AND MOTIVATE.........
NOT KILL...........FOR MY SELFISH PIG SELF
soulfoodmarketing 1 year ago
People seeking liars loans are a big part of the problem but banks giving the loans out are supposed to know better. The majority of the blame falls on banks and government lack of oversight. People need to lobby against these kinds of lenders because even if you don't seek risky loans, the banks will destroy your freedoms and quality of life by giving them to others, as is evident by the crappy economy and austerity measures coming to a community near you soon.
karveljay 1 year ago
what was that at the end??.. trying to blame it on the little guy(main street) lol
Eirexeyes 1 year ago
They deserve the bonuses because they are much smarter than us villagers. They are what we commoners refer to as superhuman. I guess if you have the mindless law saying it's ok, than let's all go back to flipping burgers and shovelling french fries while they keep up their business activities.
hbjon 1 year ago
Judicial is non-existent in our government, and therefore guilty of TREASON, High crimes and misdemeanors....IT was THEIR job to step in and prosecute...
marypoppins2009 1 year ago
@marypoppins2009
Judicial exist for innocent blacks who must be arrested and jailed for crimes they did not commit.
But for white criminals like this,white previledge prevails.
estorpai 1 year ago
@estorpai ..... if you watch the Gerald Celente videos here on Utube he backs this up with stating that it's the "White Shoe Boys Club" who are running the U.S. and robbing the middle class blind.
1cherrylane 1 year ago 2
(off topic) Jacque Fresco- Search for Venus Project & Zeitgeist Movement! Beyond Poverty, Politics, Crime & War. A world w/out Money, is it even possible? Stop the Greed w/in the Government ! (Links are in my page!!) Act Now before it's to late !!!
AoEnigMoonxPhase 1 year ago
@skydivinwhitey What you do not know is that Hitler was actually funded by international banks from his rise to power. How did you think Nazi Germany build its colossal military machine in rapid order? International bank funding could have accomplished that.
ironfalcon100 1 year ago
"..and we now have sociopaths in control of our financial institution, and as you said important levers of our government as well." - william black
ventper 1 year ago
To rob a country, own a bank
No, to rob a country, influence the government. Maintain a system that encourages ever larger corporations instead of making it easier for start-ups to thrive.
tomintroy 1 year ago
They are terrorist... They really are.
I've got a bad feeling they wont let all the old people retire in peace- they want to hurry up and steal it before they start spending it en mass.
lushfauna 1 year ago
@1RoaringMonk ------I second the motion.
huckstered 1 year ago
the bankers made rational decisions to minimize risks of default and maximize profits based on the fact that CDOs carried AAA ratings. The international government agreed on Basal accords and banking laws REQUIRE that all CDOs be RATED by one of three government approved rating agencies. These rating agencies failed to access risk b/c they were incompetant and there was no real competition. Also many of these bankers lost 100 millions in stock value.
kotash2 1 year ago
Wait a minute! Isn't Ben Bernacke Time Magazine's man of the year?
Something is awry.
aquinomas 1 year ago 4
This has been flagged as spam show
@aquinomas Real Footage Of Real Banks Causing real Problems
Watch “How To Rob A Bank” at UmotionS.com.
See the trailer at my channel with the link in it’s description.
DedmanUmotionS 3 months ago
an extreme failure of regulators.
treboryevrah 1 year ago
This has been flagged as spam show
dint65 was saying:
"The more I see and read, the more angry I become. I don't understand why there is a lack of outrage about the biggest looting operation of all time. These people should all be STRUNG UP & HUNG PUBLICLY!"
One answer can be found in the film: IDIOCRACY.
Luiyi385 1 year ago
When the real crash comes in a few years, be ready. Crucifying all these bastards will create a lot of jobs :D...
r0ll0t0masi 1 year ago
The more I see and read, the more angry I become. I don't understand why there is a lack of outrage about the biggest looting operation of all time. These people should all be STRUNG UP & HUNG PUBLICLY!
WHERE IS THE FU*KING OUTRAGE????????
dink65 1 year ago 10
@dink65 you mean at like a protest? You know, where people get maced in the face and beat down or kidnapped in a car by army uniforms and never to appear again? I think that's where the outrage went.
ytgv3fc7 1 year ago
@ytgv3fc7 - Just wait until snipers take out Bernanke, Geithner and (just for good measure) Greenspan.......
dink65 1 year ago
@dink65 problem is there's a lot more snipers on the other side. Any place those people go will be secured in advance because they already know the risk is out there before they open their yaps to show the world why they ought to be knocked out. But the system is also the problem: it's a slot designed to fit a person of corruption and removing one with another doesn't change the nature of the machine.
ytgv3fc7 1 year ago
@ytgv3fc7 - I hear you. Indeed, the system is a complete failure and eventually, those people will lose control and not have any protection or support. They should be torn apart by their limbs for their epic crimes against humanity. I believe that day will one day come, but it won't be soon enough.
dink65 1 year ago
I have the solution. Declare all greenback currency worthless. Print new money and send the marines to the goldmines to protect them from the theives.@dink65
hbjon 1 year ago
@dink65 finally a little of it on wall street right now!
Ullbritt 5 months ago
@Ullbritt - Too little, too late and not sufficiently disruptive or violent.
dink65 5 months ago
@dink65 The reason is because they own the media. That means they own the television networks, The newspapers and radio. The news gets out but no in sufficient numbers. In order for something to happen the news will have to report on it over and over again. Until the people start to "get it".
se7ensnakes 3 months ago
Epic beard.
therobanata 1 year ago 3
I bet they got big bonus, for coming up with this ,,,
uhmmmmm, with tax payers money too
natobaden 1 year ago
when the economy drops through who knows if people will ban together or if they will riot the streets and backstab their former neighbors.everybodies base instinct is survival how many people believe morality will reside over anarchy to my knowledge its never happened before in history.dont ``bank`` on it as Im sure those evil cocksuckers in the financial sector would say.
babytheirgreatlol 1 year ago
Paul recommended other videos in this one but I can't find them with the tags william black so if anyone has the links to those videos, I'd be thankful :3
sinekonata 1 year ago
@sinekonata Bill Moyers had a great interview with Black.
huckstered 1 year ago
@huckstered
:D
sinekonata 1 year ago
@Exposethefrauds Do you think so?Do you think America is being plundered on a big scale from within?I dont write sardonically I am a Londoner and have spent nearly my whole life in Europe (only 1 year in U S A),I am curious because then it would rank an endemic corruption no?And exactly who would be responsible-the bankers themselves or a political group?It would therefore be like if the Bank of England gutted the English economy like a fish-gutting...Thanx for your answer.We still need justice
tranccefiend 1 year ago
Look deeper. How did Iceland fail? Yes the central banks and governments have colluded to defraud and rob the world's peoples of their resources, their rights, and their freedom. And since war is the health of the State we see outright fraud justifying expensive but lucrative (to the Establishment) perpetual wars.
leafwatch 1 year ago
I seem to recall Bush' 2004 campaign telling us that we would deregulate on one hand, while prosecuting lawbreakers on the other. It makes sense, no?
We are all encouraged to study political economy.
Mr. Black, you have served your country well. Thank you.
KeeperOfTheWord 1 year ago 2
Max Keiser calls it "Financial Terrorism"!
PyramidScamEconomics 1 year ago 3
I think the man (Mr Black) is right and it's truly disgusting that there has been no arrests and indictments-it is the Crime of the Century.The suffering and destruction these bankers etc have caused are unbelievable-it is now really desperate in parts in Europe 50 million + unemployed across the European Union.If it was in Medieval times we'd string them up!No arrests and never any apology-outrageous!
tranccefiend 2 years ago 49
@tranccefiend Of course there are no arrests! They are protected. But by who? Who is protecting them? They worship the dollar sign. The end.
girlycajun 5 months ago
No srong staring in the camera please, it is scary ;-) By the way, the lead in music is also creepy. Think about a tune with less threat, more triump..
eurogoldexchange 2 years ago
throw geithner in the cell first with a bottle of jelly...no not the jelly just raw.
babytheirgreatlol 2 years ago
The Healthcare Bill just passed - which means more Rahm, more Summers...there whole approach will continue. When the Dems voted for the Healthcare "reform" bill - they validated the Rahm approach.
Zakdayak 2 years ago
its kind of obvious... its a crime which has not ended.
underyourskindvd 2 years ago
These corrupt bankers etc. aren't sociopaths, they are terrorists, and deserve to be tried and hung as such. The same goes for all of those who helped commit this terrorist act on the American people including those in control of our corrupt main stream media.
aimeechrister 2 years ago 58
@aimeechrister word!
groveofdarkness 1 year ago
@aimeechrister Many people invested a hundred dollars and got a million back. Of course, the taxpayer had to bail out the losers in the pyramid schemes.
hbjon 1 year ago
@aimeechrister They are sociopaths and I'll agree terrorists too. The documentary "Inside Job" that barely gets mention in our mainstream drivel contains one interview with a pudgy little round bankster psychopath who is actually now associated with the Obama administration. I say psychopath because if you have ever had to literally work around them as my work entails you will understand their qualities. Our society truly is creating and rewarding psychopaths and it's ripping this nation.
wjksea 1 year ago
@aimeechrister They cause terror to reach their own goals, also knows as terrorism. The atomic bombs over Japan were acts of terror too, in that sense. I would like to describe the bankers of today as a mass of people being exposed to each others' sociopathic behaviour and perpetuating it in each other and themselves through rationalisation.
freedomthrough 9 months ago
@aimeechrister This is the work of the Freemasons. Do your homework, you have a good heart and it will enhance your mind. Do your research. And I agree, it is a terrorist act done by Freemasons.
girlycajun 5 months ago
its a fraud, change obama's bank can believe in
MrRightAllTime 2 years ago 4
At 5:20 isn't Mr. Black describing our federal government's fiscal policies? What does that tell you...
Lurie2010 2 years ago 2
I've often said the same thing.... unfortunately....
sylviarogier 2 years ago
Mr. Black appears in Michael Moore's documentary CAPITALISM: A LOVER STORY.
jimlaregina 2 years ago
Your right. We need a second party in this country.
btigtime2 2 years ago
So who ignored the FBI warnings and Why? Those people who ever they are need to go to jail. We need NAME.S They need to be on a poster board and can be the first to go to the FEMA concentration camps.
Our Government has gone crazy and Dangerous.
btigtime2 2 years ago
Today the transfer of wealth is done through corporations. Corporations get tax breaks to build factories in your state. They also get tax breaks by being allowed to break the law. The additional profits the corporation makes all go to its owners, which are almost completely the elite. And then the general population is taxed additionally to pay for the tax breaks the corporation doesn't pay.
It's again a transfer of wealth of the overwhelming majority to a few "owning" elite.
Renegen1 2 years ago
Your crisis was engineered.
Regulations protecting against finacial mismanagement have been systematicly removed years before the savings and loans crisis.
If you place sufficient social dislocation on a society you can mobilise and place in uniform a vast demographic of demoralised, unemployed men.
People were ignorant and naive leading up to the Iraq invasion. You may be aware now of disinformation, but you are now economically dependent on a war with Iran.
1930's............
mercuryrazvedka 2 years ago
We need a War on financial Agencies! This man is Sharp.
Budvb 2 years ago
@Fiannafailure I agree. Starve the beast. I pay cash for eveything now. Why buy a new car(with payments) when you can buy a used car for 2000$? I think people are stupid to buy a house in America. A house in America are just something that can be seized for medical bills or taxes. Just rent in America and buy a house overseas in countries with national health care and low property taxes. Keep your money in gold/silver and /or foreign banks and safety deposit boxes.
joel1923 2 years ago
as if both parties didn't work for the same oligarchs!!..May this wake you up to the false Left / Right paradigm....that paradigm is the elites' divide and conquer tactic..we fight each other while they loot the country...
hamletundone 2 years ago 3
Absolutely. At least The RealNews doesn't just resort to sucking up Obama's balls.
Renegen1 2 years ago
He makes an incredibly important point: it's not just about bailouts, and they do do it on purpose. Some people say they have a vested interest in the wellbeing of their businesses and they are hurt just as badly when they fail, blah blah blah, so we shouldn't regulate them.
But that's BS. As Black says here, "Even if they're not bailed out, the senior officers walk away rich. So the failure of the firm is not the failure of the fraud scheme."
Capitalocracy 2 years ago
Yup, exactly....WAY BETTER TO OWN THE WORLD IS TO OWN THE IMF AND OF COURSE THE WORLD BANK...
ceomeye 2 years ago
Comment removed
langengro 2 years ago
There should be a whole lot of people in jail who naked shorted the captal markers into the ground with no uptick rule and an infinite loop hole to delay delivery of the shares you pulled out of thin air to naked short and scare mom & pop to drop their shares in your lap for pennies on the dollar. The financial institutions were protected though when it became apparent of how wide spread this money making strategy was in late 2008.
brotherjupiter 2 years ago
Capitalism requires people to work. And with limited restrictions, the agressive can build companies. A good deal of people today expect handouts and things for nothing. - they will also hate capitalism.
However capitalism only works well with people who are basically ethical. Once you get the jewish named firms on wall street - its like card sharps playing with Sunday school teachers. Sharks will steal without compunction. Therefore, regulations and accountability are required.
mutexnet 2 years ago
lol, i like how your want to regulate the jews.
pawqmasta00 2 years ago
Actually, the people who have really come to expect "handouts and things for nothing" are the "too big to fail" companies.
Anyone, given full range to their greed and operating under a complete lack of accountability, will "steal without compunction" - even Sunday school teachers. Doesn't matter whose name is on the firm.
sylviarogier 2 years ago 3
True, but they're protected by the government. Without the government, they're vulnerable to collapse and the wrath of the public. Instead, we get the government giving the criminals our money instead of throwing them in prison and allowing their companies to fail.
The government is our big problem, not the corporations and banks who seek that power to their own benefit. More and more regulation will do nothing but lull citizens into a false sense of security.
tarossi400 2 years ago 5
Agreed.
mutexnet 2 years ago
This isn't capitalism, it's corporatism. Republican Supreme Court members voted to give corporations the right to buy our government. Beware of any channel that has to preface its title with a word like "real" or a phrase like "fair and balanced."
stanjz 2 years ago
I hope people are doing more to make the world better besides burrying their head in the sand and saying "It's not capitalism!!" "Capitalism still works!!"
The truth is that the bankers did the exact same thing 200 years ago. They would make loans to kings to fund wars. The kings would find themselves with huge debts, and then tax the population to pay the debts. It was in effect a transfer of wealth from everyone to a few bankers.
Renegen1 2 years ago
Glad you understand that bankers have done this before. It seems like you understand it's a matter of debt. It's pretty easy to borrow a debt that you don't have to worry about paying back. Or to take money from other people and spend it without their permission.
So tell me, when has either of those things been considered capitalism?
sirellyn 2 years ago
Well capitalism is all about debts actually. You first borrow the money, then build the factory, then sell your products, then pay back the debt. That's how it has always worked.. Before capitalism charging interest was illegal. Capitalism without interest doesn't work, because then no one would lend.
Let's not pretend capitalism is perfect. In 400 years it has never brought prosperity to the majority. You must reform and regulate to prevent abuses like the bankers, or we find an alternative.
Renegen1 1 year ago 3
Our society is only recently about debts. Capitalism is about savings
(building capital). Savings buffers for a rainy day or as capital to invest
(and risk) to help build business. That loan money comes from
somewhere you know.
I disagree, Over the entire course of human history, it has been by far the
best system to bring the widest prosperity to the majority. Its not perfect
that it does not bring moral behaviour, but it facilitates it better than any
other system we know.
sirellyn 1 year ago
Capitalism is definitely not about savings.. Money is created by debt!
markinsd 1 year ago
Our money has been created as debt since the gold window was shut in 1971. The word and concept for capitalism is a lot older than that. This is why many people don't call what we have now "Capitalism". And yes, actual capitalism is about savings. (Building Capital)
sirellyn 1 year ago
@Renegen1 I've always found socailism and the people behind it have the best
of intentions. The results however are terrible. The batting average for most
social programs actually coming in budget is 1/1000. If you are concerned about
debt slavery then budget matters a lot.
Doing something for someone, you will always do a worse job (for
them) than they would do for themselves. It's hubris to believe you know
better what people need for themselves than they do.
sirellyn 1 year ago
I don't think I mentioned "socialism" anywhere. In fact, "socialism" works quite well in Europe and Canada. It's typical of americans to think the magic solution is libertarian ideals, well with small government, you'll still end up having big corporations!
I'm also way above ideological discussions that are between two far ideas, there is a grey area where "socialism" can work. Take public health care for example. Capitalism doesn't work, but it doesn't mean I know the solution. Baby steps...
Renegen1 1 year ago 2
I'm Canadian. I used to think as you do. Then I actually investigated costs. Nearly every country is in debt, and that's far from an "ok" thing. Our medical system wastes tons. I would even be fine with it if the vast majority of Canada willingly paid enough in taxes to afford it. But it doesn't even come close. I'm not saying socialism will create hell on earth, it's just insanely ineffectient compared to privatized solutions. & keeping gov small negates corruption.
sirellyn 1 year ago
The biggest medical care fraud in Canada is caused by insurance companies. Especially workers compensation run by each Province in Canada. The problem is that these insurance companies regularly deny the medical benefits promised so the patient is forced to avail of the public system. That public system is taxpayer paid whereas the workers comp system is supposed to be paid out of premiums paid to workers comp. In other words the insurance companies are "dumping" costs onto the taxpayers.
SuperNewf1 1 year ago 5
@SuperNewf1 Do you have a source on this? I would like to read more on it.
sirellyn 1 year ago
@sirellyn
lol @ the fact that you think brainwashed sheeple who think about nothing but the here & now can really know what's best.....even though the people who let those bad loans go are assholes, you still have the borrower too. They knew that couldn't afford it....but we are conditioned to want instant gratification. They let the money hungry bank do all the thinking for them when if they would have just used common sense they wouldn't be in this situation (foreclosure)
shaydm06 1 year ago
@shaydm06 I'm looking back at all my comments and I never referred to any "sheeple" or brainwashing. I did say it was hubris to think you know better for other people then they know for themselves.
I don't even know if you are arguing any of my points or not frankly, as I agree that people who borrowed improperly should have known better. They are certainly not solely to blame. I harbor more resentment to the deceivers than ignorance.
sirellyn 1 year ago
@sirellyn
yeah you didn't refer to that but i did. I'm not really arguing any of your points it's just that u have to take into consideration the fact that average americans can be extremely stupid sometimes. We just sit back and let shit happen to us without caring, as long as they have their tv, fashion and other BS to keep them from thinking about it.
shaydm06 1 year ago
Like, bust a cap on a notorious banker, or lynch them from a lampost, on live TV?
It would get good ratings, and could become the reality show hit of the decade.
That could be a way to reform capitalism, I suppose.
ewkeane 1 year ago
I wish I could give 10 * to this. Thank you Mr. Black in your discussion of DELIBERATE fraud.
If you steal a TRILLION dollars, you will get rewarded with more pay and bonus!
Well said we have sociopaths that control the finance industry and government! When will Americans wake up that these people LIE to you and do not represent you?
Which is worse those that LIE or those that CONSTANTLY believe the lies? Lies hurt in the pocket and people get killed because of lies.
iknownothingnow 2 years ago 4
Our so called banking "capitalists" are actually quasi-mercantilists behaving as if they were nations profiting from the backs of other nations except they charge interest instead of tariffs, and the setting of the interest rates in each market is used instead of trade quotas. What China does to manipulate the currency is nothing compared to the quasi-mercantilism of the banking system.
kmarinas86 2 years ago
Interesting comment, thank you.
sylviarogier 2 years ago
danger0usknowledge 2 years ago
The implication is that THE PEOPLE were the fraudsters, not the gov't which allowed and condoned the swindling. People who got taken likely now feel that because they were "complicit," they have no right to complain if they lost their houses or savings. Remember that lots of people who remortgaged thought they were going to get rich quick. Homeowners participated in scamming themselves. Clever system, actually.
barkulator 2 years ago
end the fed, bring back the gold standard and nothing is too big to fail...wtf
Buergs323 2 years ago
The Bansters defraud the people but the Governments who take no action to prevent them stealing are the bigger problem. Why dont they take action that's simple most politicians serve the Banksters not the people.
johndownunder 2 years ago
great interview!
thanks.
This starts to make up for how bad RN was on climategate.
Now how about naming these top executives and CEOs that should be in jail, starting at the top.
DenisRancourt 2 years ago
Bankers are thieves. Banks are evil .
redbrest 2 years ago
Help us swarm Congress and America and take back control of our money from the FED and the international bankers.
Join Freedom's Vision and END THE FED -
w w w SWARMUSA com
prayfortruejustice 2 years ago
5 stars, favorited, and added to a playlist.
CalJennings 2 years ago
It sure underscores who's calling the shots in governments when you bear in mind that not 1 of these criminal fraudsters has been charged, let alone jailed for it. Our representatives, regulators and justice system has failed us.
000deadcalm000 2 years ago
This isn't Alex Jones but this is revealing.
Thank you Paul Jay
Hierophant2 2 years ago
"lets discuss whether or not mainstreet needs psychopaths running its financial system"
haha
garvess 2 years ago
hahahha
YESS HAHAHAHAHHA
mahyarmohaghegh 2 years ago
We all know who owns the Banks?
who owns Wall Street? and what people holding the others from their balls?
Why Israel never effected in the resections?
wehhabi 2 years ago
Real News is the best..!
freshhug 2 years ago
ZEITGEIST
chubaka73 2 years ago
@Alberto
People may blame capitalism but it has improved the standard of living over the past 150 years incredibly.
The poorest of us are better off than the middleclass in 1860.
I think a lot of people confuse the economic and political system.
Paetaor 2 years ago
thanks TRN 5*****
Prohumani 2 years ago
excellent interview, keep up the good work..
SoccerDJV 2 years ago
This is probably wat Santa's been doing since the crash...shittttt he cant even make money. He laid off a ton of elfs
Charmer4856 2 years ago
Will the US be next Argentina?
The way things are going, privatization, small gov. and deregulation everything the conservatives and the libertarians are pushing, I would say yes.
allgoo19 2 years ago 2
You're probably right, and the scary thing is that in America those 2 groups of people you mention, hold prejudices and hate towards "others". So a "quick" recovery like in Argentina seems very unlikely.
tannersanta 2 years ago
This has been flagged as spam show
@tannersanta
"So a "quick" recovery like in Argentina seems very unlikely.."
Quickly recovery won't happen because of the size of the economy. Argentina's failure wasn't that much of an impact to the rest. When the US economy fails, the rest of the world fail, probably China will be the first then Japan. One failure causes another then come back to hurt US even more, deeper and deeper into the abbys.
allgoo19 2 years ago
@allgoo19
And the most scary possible scenario of this is when China starts to see the dollar collapse is imminent, they will try to liquidate their credit toward US before the currency becomes total junk. I can't imagine what US will do to stop that.
allgoo19 2 years ago
@allgoo19 The American government can always resorts to strict captial controls to stop the dumping of US Treasuries. As a last resort.....
joel1923 2 years ago
@joel1923
"The American government can always ..."
Where did you get the idea? I'd like to have your source. You are actually advocating "dead beat"?
Creditors will be happy with it? US will have no credibility which means there will be nobody to lend the money to US.
I don't think you are getting clear picture of this.
allgoo19 2 years ago
@allgoo19 Ambrose Pritchard wrote about this possibility in The Telegraph newspaper a few days ago.
joel1923 2 years ago
@joel1923
"Ambrose Pritchard wrote about ..."
I don't know anything abut this man. How do I know he's not a Glenn Beck clone?
Does he have any credibility?
allgoo19 2 years ago
@allgoo19 He's a British journalist. Just read the Telegraph newspaper. He's in the finance section. Credibility? Hhhhmm. The Telegraph is a major British news newspaper. Decide for yourself...
joel1923 2 years ago
@joel1923
"He's a British journalist. Just .."
Send me the link for the article you have read.
I don't know anything about Telegraph. Did you know the Fox News is a major TV network?
allgoo19 2 years ago
@joel1923
"He's a British journalist.."
Hellooo. Where are you?
Does the article really exist or not? Did you make it up?
allgoo19 2 years ago
@allgoo19 Are you for real? ever hear of Google?
joel1923 2 years ago
This has been flagged as spam show
@joel1923
"Are you for real? ever hear of Google?..."
If you already know it, why don't send it to me. You can save me some of my time. Google won't tell me which one you saw.
Give me the title of the page, so by using google, I can find exact page you are saying.
I'm starting to think you don't have one.
By the way, I heard about Telegraph paper somewhere. Yep, just like I thought, it's a Fox news clone. Correct me if I'm wrong.
allgoo19 2 years ago