I am really happy about the part of the Dobb-Frank Bill that on July 15th 2011 stops me from buying gold and silver over the counter.... that is the best part of getting fucked in the ass again by my government. Thanks, hey how bout a reach around or at least a kiss on the cheek.
Enough discussing what we already know. Enough of the blame game. Take personal responsibility by putting your money in the smaller banks within our community. Take action NOW.
While these aren't the most informed & brilliant analyzers of current events that I've ever heard, their knowledge & rational thinking is damned refreshing! Most of the "man on the street" opinions that I've been hearing for quite a while have been those of Minutemen, Tea-baggers, pro-AZ's SB1970 people & pro-Sheriff Joe people. And, when reporters ask them their favorite news source, they consistently answer, "Fox News." Gee, isn't that a coincidence? 8 )
I think there just needs to be more transparency... the freedom of information is more important than freedom of speech IMO... The truth is not subjective, only liars think it is.
Christ! Bauwney Fwank? You trust the stretched asshole that helped get us into this mess to get us OUT? Don't even bother ASKING that question in your title! It's already an established FACT that both Dodd and Frank should lose their seats in disgrace!
dont bail them out of subsidise them, and remove regulations, that way firstly the corporations wont grow too big to fail and secondly they will know that if they mess up they dont get bailed out, right now we have whats called a moral hazard, these people are the most greedy people out there you cant change that, if we tell them "hey! dont fuck up or its on all of us" they hear "hey! if you fuck up its ok because someone will bail you out" which lets them pursue profits and ignore good practice
I am not sure more regulations will do much - people on Wall Street look at risk (getting caught) vs reward ($). As long as they determine that the risk is worth the reward, we will still suffer, as you put it, "the same dire consequences." How many people were put in jail after the last bailout? Some lost jobs, sure, but those who played by the rules would have lost jobs before.
That last statement you made is exactly what I was thinking and I'm 99% sure that whatever the Republicans are saying will happen because of this bill isn't based on anything factual.
you're amazing! thanks for making youtube something more important than skateboarding cats. i appreciate your part in making me think and examine what i believe and support further.
this is probably a good idea, in theory, but they never seem to back it up or follow thru on brining the hammer down, like they should. all talk, very little action.
unfortunately, the mentality is, "greed is good.".
@thwipp Well you have a short memory or maybe you're to young, but we had the best regulation in Glass Steigle after the big stock market crash in 1929. Those regulations feld form until the Republicans took those regulations down during Bush. Because of regulation of Wall Street this country prospered for 70 years.
@Fringe111 umm, not that young but not old enough to have been around during the great depression, sorry. the wall street greed got bad during reagan, i'd say, not bush.
@thwipp Look regulation is key in any free market society. If we don't have regulation then we end up with the AIG mess pluss all those banks that went under.
@Fringe111 no shit but it's all talk, no action. they never follow up on this shit, like they're supposed to. or it goes from one extreme (deregulation) to the other extreme (too much). they never do anything til a catastrophe and by that time it's too late. they (our government) always find a way to fuck it up 6 ways to sunday.
@Fringe111 the republicans talk about de-regulation but regulation sprung up left right and center under bush, reagan de regulated yes but he still gave government favouritism to bigger business, which is very bad for competativity and ulitmately gives people worse services from corporations because those controlling the market dont have to worry about being competative.
I am sure most of the people you interviewed on the street have not read and will not read even the important part the reform bill. The points of the bills are to hold rating agency responsible and make the securitization issuers taking residual risk and therefore making it more costly to issue securities. In the end, the investor gets better protection and therefore the bubble will be a smaller one if ever.
2300+ pages in a bill? I wonder how many loopholes are in that one. In the end, there is a massive transfer of economic influence to the Pacific nations. And with that, there will be wars for control and influence, just like back in the old days. More wars and more frequent conflicts will be the order of the day. The advantage the US has is being geographically remote from its enemies. The worst is that China is geographically remote from the US. And the US will go over there and get slaughtered
John Taylor, professor of economics at Stanford, calls the bill the 'Dodd-Frank Fiasco' . The bill guarantees the Banksters can continue with all their slimy crooked dealings. Barney Frank and Chris Dodd should have been put in prison years ago.
Wouldn't it have been better to just not bail out Wall street and let the incompetents go broke? What's going on now is that millions of taxpayers are covering the losses of these clowns, so they can continue their incompetence!
The english bloke at the end is wrong. I know all major companies always say they will go somewhere else if they don't get what they want, but where will they go? Most civilized countries know not to let people like bankers run wild, so no matter where they'll turn, chances are they will be worse off than in the US.
From what i've learned, primarely watching The Young Turks, this finance bill is as useles as everything else in the US. Your politicians are bought and wont let their owners down.
@jo05dk with all due respect , the Englishman is correct , they do tend to run away from too much government mingling ,case & point Russia , about 15 or so years ago they started to jail heads of there financial institutions hence they all moved to Cypress a small island nation . But I don’t think they should be regulated as much, rather there should be a clear set of understanding of DOs & DON’Ts…
We think of society as a place of rules for each person but what if each person was a society of its own where it can determine what rules it can live by? How much more freedom would we have then?
The best way to control society is to control its economics which is why every totalitarian society clamped down on economics in some way. This is not false because when government wants to control drug use the make it impossible for one person to dispose of their drugs to another or they interfere with the free-trade between two individuals. when government wants to control food intake of its citizens it interferes with the trade between a customer and a McDonalds resteraunt.
Good, send Wall Street London. These bankers and traders are producing zilch.
Put back the regulations we used to have. Don't let bankers buy and sell loans unless they are going out of business. Disallow shorts and buying insurance against something you don't own. Even better, don't let bankers leverage any more.
Regulate THIS!!! :-) Its the gov. that needs to be held accountable not the greed misters of the wall street ,they are hones whores ,they will sell their mom for a buck & its legal ,But it was the government & the blasphemy called THE FED ,either fell asleep on the job or they just looked the other way so some folks can finance their very lucrative wars:-(
@theresident that was an epic fail and I guessed right that you would not know since you did not read your comments until you got home from work or the gym. What a good guess. I will buy myself a lollipop thank you very much, LOL
good video
free484 3 months ago
Chris Dodd and Bernie Frank are scumbags! Now I can't buy sliver/gold over the counter! Who would let these two criminals pass a bill anyway!
sarenabrown26 8 months ago
I am really happy about the part of the Dobb-Frank Bill that on July 15th 2011 stops me from buying gold and silver over the counter.... that is the best part of getting fucked in the ass again by my government. Thanks, hey how bout a reach around or at least a kiss on the cheek.
glenlackey2 8 months ago
Enough discussing what we already know. Enough of the blame game. Take personal responsibility by putting your money in the smaller banks within our community. Take action NOW.
inspirediam 1 year ago
While these aren't the most informed & brilliant analyzers of current events that I've ever heard, their knowledge & rational thinking is damned refreshing! Most of the "man on the street" opinions that I've been hearing for quite a while have been those of Minutemen, Tea-baggers, pro-AZ's SB1970 people & pro-Sheriff Joe people. And, when reporters ask them their favorite news source, they consistently answer, "Fox News." Gee, isn't that a coincidence? 8 )
tuberpie68 1 year ago
I think there just needs to be more transparency... the freedom of information is more important than freedom of speech IMO... The truth is not subjective, only liars think it is.
coolstream1 1 year ago
you have a nice smile Lori
supercalifragable 1 year ago
ANd what in the ever-loving Christ are you doing on such a reputable news source as RT, gun-banner?
QuartuvLarry 1 year ago
Christ! Bauwney Fwank? You trust the stretched asshole that helped get us into this mess to get us OUT? Don't even bother ASKING that question in your title! It's already an established FACT that both Dodd and Frank should lose their seats in disgrace!
QuartuvLarry 1 year ago
can you do some interviews in bikini?
EveryNameIsUsedDamnF 1 year ago
Dodd/Frank are close to retirement and they are looking for cushy Wall St. jobs. The legislation is intended to ensure the achievement of their goal.
rollsthepaul 1 year ago
Split the investment banks away from the savings mortgage banks and let these scroats gamble with their own money. i hate the banksters.
Grange34 1 year ago
dont bail them out of subsidise them, and remove regulations, that way firstly the corporations wont grow too big to fail and secondly they will know that if they mess up they dont get bailed out, right now we have whats called a moral hazard, these people are the most greedy people out there you cant change that, if we tell them "hey! dont fuck up or its on all of us" they hear "hey! if you fuck up its ok because someone will bail you out" which lets them pursue profits and ignore good practice
ImEuanAndIGotsSkeelz 1 year ago
I am not sure more regulations will do much - people on Wall Street look at risk (getting caught) vs reward ($). As long as they determine that the risk is worth the reward, we will still suffer, as you put it, "the same dire consequences." How many people were put in jail after the last bailout? Some lost jobs, sure, but those who played by the rules would have lost jobs before.
dsmoya31410 1 year ago
London or Holland. USA has to do the same thing as Europe and Asia, otherwise they just move.
Brulluhman 1 year ago
Shoot the brit (2:10) in the head for being born 250 years to late to be shot in the head when it was in style.
ShiekUrBooty 1 year ago
The bill doesn't ban the bad practices that got us into this mess, because the mess and the bad practices are highly profitable.
They keep the profits, we bail out their losses. The bankers are a legal mafia.
560e 1 year ago
That last statement you made is exactly what I was thinking and I'm 99% sure that whatever the Republicans are saying will happen because of this bill isn't based on anything factual.
NsaneNtheNbrane 1 year ago
Good
vnykov 1 year ago
Damn people are waking up nice.
edstar83 1 year ago
you're amazing! thanks for making youtube something more important than skateboarding cats. i appreciate your part in making me think and examine what i believe and support further.
amvbob 1 year ago
this is probably a good idea, in theory, but they never seem to back it up or follow thru on brining the hammer down, like they should. all talk, very little action.
unfortunately, the mentality is, "greed is good.".
thwipp 1 year ago
@thwipp Well you have a short memory or maybe you're to young, but we had the best regulation in Glass Steigle after the big stock market crash in 1929. Those regulations feld form until the Republicans took those regulations down during Bush. Because of regulation of Wall Street this country prospered for 70 years.
Fringe111 1 year ago
@Fringe111 umm, not that young but not old enough to have been around during the great depression, sorry. the wall street greed got bad during reagan, i'd say, not bush.
thwipp 1 year ago
@thwipp Look regulation is key in any free market society. If we don't have regulation then we end up with the AIG mess pluss all those banks that went under.
Fringe111 1 year ago
@Fringe111 no shit but it's all talk, no action. they never follow up on this shit, like they're supposed to. or it goes from one extreme (deregulation) to the other extreme (too much). they never do anything til a catastrophe and by that time it's too late. they (our government) always find a way to fuck it up 6 ways to sunday.
thwipp 1 year ago
@thwipp It worked for 70 years.
Fringe111 1 year ago
@Fringe111 the republicans talk about de-regulation but regulation sprung up left right and center under bush, reagan de regulated yes but he still gave government favouritism to bigger business, which is very bad for competativity and ulitmately gives people worse services from corporations because those controlling the market dont have to worry about being competative.
ImEuanAndIGotsSkeelz 1 year ago
I am sure most of the people you interviewed on the street have not read and will not read even the important part the reform bill. The points of the bills are to hold rating agency responsible and make the securitization issuers taking residual risk and therefore making it more costly to issue securities. In the end, the investor gets better protection and therefore the bubble will be a smaller one if ever.
cvaguy 1 year ago
2300+ pages in a bill? I wonder how many loopholes are in that one. In the end, there is a massive transfer of economic influence to the Pacific nations. And with that, there will be wars for control and influence, just like back in the old days. More wars and more frequent conflicts will be the order of the day. The advantage the US has is being geographically remote from its enemies. The worst is that China is geographically remote from the US. And the US will go over there and get slaughtered
bearmare 1 year ago
I don't know, it is possible to mandate by law some sort of good moral conduct. That's what regulations are.
The question is, can the govt pass proper regulations, or will these big banks simply spread money around Washington to prevent strong regulations.
Rockguitarnow 1 year ago
John Taylor, professor of economics at Stanford, calls the bill the 'Dodd-Frank Fiasco' . The bill guarantees the Banksters can continue with all their slimy crooked dealings. Barney Frank and Chris Dodd should have been put in prison years ago.
RAMKING61 1 year ago
No matter what bill they pass, they'll find loopholes. Just like the campaign finance bill that was supposed to even the playing field.
clayp72 1 year ago
Darling, reality is companies need investors to drive capital, and create jobs.
This bill, will drive them away, as the market already indicates.
Joblessness will increase, and all that goes with. Don't think so? Watch finacials this next week..
dgr8zod 1 year ago
Wouldn't it have been better to just not bail out Wall street and let the incompetents go broke? What's going on now is that millions of taxpayers are covering the losses of these clowns, so they can continue their incompetence!
johnwilsonriley 1 year ago
Has any body really found out what the heck is in this bill?
matrix1951 1 year ago
let's talk about you and I getting a drink ;)
MrNaughtyHands 1 year ago
The english bloke at the end is wrong. I know all major companies always say they will go somewhere else if they don't get what they want, but where will they go? Most civilized countries know not to let people like bankers run wild, so no matter where they'll turn, chances are they will be worse off than in the US.
From what i've learned, primarely watching The Young Turks, this finance bill is as useles as everything else in the US. Your politicians are bought and wont let their owners down.
jo05dk 1 year ago
@jo05dk with all due respect , the Englishman is correct , they do tend to run away from too much government mingling ,case & point Russia , about 15 or so years ago they started to jail heads of there financial institutions hence they all moved to Cypress a small island nation . But I don’t think they should be regulated as much, rather there should be a clear set of understanding of DOs & DON’Ts…
Gaus
Gaus212 1 year ago
We think of society as a place of rules for each person but what if each person was a society of its own where it can determine what rules it can live by? How much more freedom would we have then?
timbosforporn 1 year ago
The best way to control society is to control its economics which is why every totalitarian society clamped down on economics in some way. This is not false because when government wants to control drug use the make it impossible for one person to dispose of their drugs to another or they interfere with the free-trade between two individuals. when government wants to control food intake of its citizens it interferes with the trade between a customer and a McDonalds resteraunt.
timbosforporn 1 year ago
Hmm.. the Dutch rule. Manhattan. We're your saviours.
Brulluhman 1 year ago
Well informed New Yorkers.
Good, send Wall Street London. These bankers and traders are producing zilch.
Put back the regulations we used to have. Don't let bankers buy and sell loans unless they are going out of business. Disallow shorts and buying insurance against something you don't own. Even better, don't let bankers leverage any more.
TheGiantRobot 1 year ago
The lawless one keeps changing laws...the revelations are unravelling before our very eyes
krazykyle56 1 year ago
Regulate THIS!!! :-) Its the gov. that needs to be held accountable not the greed misters of the wall street ,they are hones whores ,they will sell their mom for a buck & its legal ,But it was the government & the blasphemy called THE FED ,either fell asleep on the job or they just looked the other way so some folks can finance their very lucrative wars:-(
Gaus212 1 year ago
@Gaus212 Sorry ,my bad ,honest whores not hones whores...what is a [hones] any way:-)
Gaus212 1 year ago
@Gaus212
Wouldn't a 15 second edit window be wonderful? Or at least a preview before it posts?
TheGiantRobot 1 year ago
@TheGiantRobot Hey man, thanks for watching! :) It'd be awesome to preview for sure.
theresident 1 year ago
lmao am the first one to see this vid :D
AzestPro 1 year ago
Now that the audio is fixed, could you please move those subtitle bars down so we can ogle?
MidiPunk 1 year ago
@MidiPunk Hahaha, I wish! Those drive me nuts. :)
theresident 1 year ago
@theresident
Haha, do they? Reminds me of a pirate joke.
TheGiantRobot 1 year ago
That's better. :)
hotmailpoet 1 year ago
reposted - sorry, I was away all day and couldn't fix it! :)
theresident 1 year ago 4
@theresident
Thanks, Lori.
TheGiantRobot 1 year ago
@theresident no kidding!!! what a shocker? LOL
STILLNAKEDBULLWINKLE 1 year ago
@theresident that was an epic fail and I guessed right that you would not know since you did not read your comments until you got home from work or the gym. What a good guess. I will buy myself a lollipop thank you very much, LOL
STILLNAKEDBULLWINKLE 1 year ago