o Israel has killed Americans (eg. Sailors on USS Liberty, Rachel Corrie, etc...)
o Israel spies on this country.
o Israel blackmails our corrupt politicians.
o Israel steals our taxes.
o Israel uses our country as their toilet.
For more info, click my UsedID then browse my informative Israel playlist.
Please distribute this post and tell your Senator and/or Representative about Israel's killing Americans, heinous crimes, stealing our taxes, and its spying on USA. Peace!
Your on to something too* I tried to do a dow jones google search for studying the charts and the top 5 links gave me nothing of value after 2007, and I don't think it's a coincidence that the Dow Jones suddenly stops at the height of it's strength (just before the housing bubble burst). Talk about mass censorship or some fundamental information***
First of all it's not about being smarter, faster, stronger, more educated. It's about learning to cut back and live within your means. Not having a giant pool in your back yard when families die of thirst in africa. Not driving 3 cars and having 3 plasma tv's, not letting your kids eat mcdonalds every day till they become fucking diabetic whales...this is a wake up call to change your LIFE and it's LONG over due pal*
o Israel has killed Americans (eg. Sailors on USS Liberty, Rachel Corrie, etc...)
o Israel spies on this country.
o Israel blackmails our corrupt politicians.
o Israel steals our taxes.
o Israel uses our country as their toilet.
For more info, click my UsedID then browse my informative Israel playlist.
Please distribute this post and tell your Senator and/or Representative about Israel's killing Americans, heinous crimes, stealing our taxes, and its spying on USA. Peace!
It looks to me like the merchant/colonials set up our fed banks to siphon our production off to create huge international corporations that they run
It's europe basically and they run all
I think politically they group mismatched ideals to confuse people,, draw them in with one philosophy and make them accept something contrary so nobody is sure of anything
Like tightwad starve to dirt poor coupled with "family and Christian values"
I'm not talking about the parasitic investors, sorry I should have been a bit more clear. My intentions of the comment was small business owners and the middle class workers. Although Obama is trying to sugar coat and make it look like the tax cuts are for the middle class workers and small business owners, if you really look at it there is nothing further from the truth.
Democrats/Socialist traditionally raise taxes on one group and give it to some other non-deserving group/s, this is part of the economic problem today that has caught up to them IE California etc... As for the investors the bottom line of these unjust bailouts are to save their portfolios etc etc.
Bailout the insolent banks thus save the shareholders, not surprised! when this stimulus package was written up by these bankers and (Passed) but NOT read by the Dem congress... "I thought when the people elected those morons "READING" was one of the qualifications!"...
And for the record the republicans are no better. These days I feel it is an equivalent group "destructive" effort. Bush was a disaster who got the "ball rolling" in the first place. MOT is 100% correct in his cometary on the monetary system imploding on itself (this is true!)
BUT if Wall St and the Gov did the right thing over the past 8/9 years this would have been avoided for at least another 30 years. The corrupt morons on Wall St have sped up the process 100 fold and the politicians just keep fueling the fire thus not becoming part of the remedy but part of the problem...
With all the rhetoric about wealthy paying all the taxes it needs to be pointed out that they do not produce and they benefit from our system that we all support
I couldn't agree more olseabee, its funny how the cry about it.
Its the middle class business owners that grew the economy in the USA in the first place. I feel we should draw up a contract with the US Gov stating we will loan our tax money in return we want a contractual agreement that no corporate businesses are allowed to operate in this country ever again.
People forget places like Home Depot, Walmart etc etc have put many "MANY!" small businesses out of business all over the USA not to mention they have changed the beautiful landscapes of many towns, cities and countrysides all over the USA. I say "back to small business" minus these corrupt corporations and get the USA back on its "HONEST" feet. This was a fine powerful country before all these lazy ass stockholders of these blood sucking corrupt corporations came along.
3. I also say the hell with globalization... This was created so these very corporations can sell their products and obtain cheap labor X-ing out the American worker. Globalization ruined the USA and the American workers future. We also need to get rid of about 400 banks in this country and bring that amount down to a logical number. There is a ridiculous amount of banks in the USA and until someone can give me a logical answer why we need so many I say get rid of all except for maybe 5 or 6.
Heavy protesting today against Obama's "bailout the non viable foreclosures" plan.
They are starting to call this the Obama/Bush plan. One spent money one way and the other spends the other. I look at that moron Poloci and the more I do the more I realize she is the equivalent of a retard on a power trip. Obama's campaign promise was to get rid of ear marks...
then they pass a stimulus with over 8000 of them in it and in defense he says the ear marks were there before he got in office lol. With Bush we were swimming in a toilet, with Obama we are being flushed down. His tax plans collide with each other. Take from this and add to that, tax this group and reduce taxes in this group all are contradictions to any kind of "logical" economic tax plan. He is stealing from the producers and giving to the losers...
They say he will be a one termer, I say the streets are going to be filled with American people with blown gaskets. I have already stated the riots are coming a month ago at which point I said another month to two... well her we go so get ready.
The written agreement was brought to Beijing by Secretary of State Hillary Clinton and was formalized and agreed-to during her recent trip to China.
This means that in the event the US Government defaults on its financial obligations to China, the Communist Government of China would be permitted to physically take -- inside the USA -- land, buildings, factories, perhaps even entire cities - to satisfy the financial obligations of the US government.
FEDS GRANT EMINENT DOMAIN AS COLLATERAL TO CHINA FOR U.S. DEBTS!
Beijing, China -- Sources at the United States Embassy in Beijing China have just CONFIRMED to me that the United States of America has tendered to China a written agreement which grants to the People's Republic of China, an option to exercise Eminent Domain within the USA, as collateral for China's continu More..ed purchase of US Treasury Notes and existing US Currency reserves!
The only hope is to go out in a blaze of hyperinflating glory - at least when we are printing $100Million dollar bills we can pay off the debt before we explode.
Infrastructure starts reallllly slow. You don't just get 100 guys and a some concrete and build bridges - they take months to design and get approval for. Then they are tendered, products ordered, etc. I would be suprised if there were shovels in the ground before September.
Rebuilding industry is even worse. Right now the world is fine that nothing is produced in the US - we aren't doing without anything in the world, somebody else is producing it in their country. So, we have to get into new technologies.
Well, those technologies start in a lab, then a concept ...... then wayyyy down the road a plant gets proposed. Then further down the plant is staffed with people to start working. We are talking 3 years out to do anything substantial.
Basically this is a chess game and we are being worked into a corner. Maybe Obama knows there is no hope or maybe he believes he can fix this.
Peter Shiff had a good video out that talked about the President's plan. He said that old, "go out and spend" addage won't work anymore. We have no savings and we used all of China's savings. We first have to save before we can spend ... but nobody is going to save at 0% interest.
hyperinflate->new system->cash in your gold->start over
"saving" is nonsense when all money is issued as debt, saving is a mute point and more obfuscation from the real issue which is colonialism brought about with power over people by putting them into debt
We DO produce so why do we not have money for our production?
"The money came from govt spending to send our jobs overseas"
After reagan spent it on offshoring and seeding foreign economies, it "trickled down" to investors who spent it like misers looking to sell their kids to bankers
Most of our problems are from a lack of money due to globalization
The "savers" were the old people who had 3% fixed mortgages and 12% cd's on their kids who usually just rented
Irish banks took on debt equivalent to 11 times the nations own gross domestic product, Dutch-bank credit reached seven times GDP and Belgium four times, according to BNP Paribas SA.
This is going to become bigger & bigger story,
The UK didn't join the Euro,as policy makers said it would be doomed to failure,as you cannot have monetry union without political union.
To leave the Euro would destroy the economy of any country doing it,it is also illegal to leave,SOME SELLING POINT!"
Richard Howard, a managing director for global markets at Dallas-based Hayman, said Germany may opt to shore up its own economy, Europes biggest, rather than bail out fellow euro nations such as Austria, Italy and Spain as their banks sag under the weight of bad debts. That might lead to defaults and compel Germany to renounce the euro, he said.
The best fix for America is to 1. secure the borders 2.deport the foreigners 3.Restrict exports (that's right) 4.Nationalize banking and insurance to not for profits 5. educate young American adults in the medical fields expeditiously 6. lower welfare benefits incrementally 7.Raise Social Security Retirement benefits substantially 8.Dismantle the IRS 9.Circulatethe money 10. fema camps for corporate leaders, bankers and wallstreeters who object ;-)
Yesterday I posted the job loss for Feb 25 was 119.639
and this is a big increase up from the 52,685 I posted for Feb 12.
Today for the month of Feb thus far 123,604. The trend has come apparent to be 2 to 6 thousand jobs lost per day.
NOTE: this is only at America's 500 largest public companies and not small business across the Nation which makes up apox 60% of the US tax revenue in our country.
You have to look at this from and unemploy fund. This cant be sustained.
There goes our boys sent out again to fight, an unjust war in the name of FREEDOM and a BAILOUT in spite, Soon our real leader will be coming back from mans past, and all the Wall St crooks will hide because they know its their ass!
Ok I promise that will be the last one I write lol.
If the DOW finishes into the 6000's it will be a big shock to people over the weekend watching the news. I suspect it will be miraculously traded over 7000 in the final 2 hours of the day.
There are probably a lot of people that have been using a grin-and-bear-it approach to this problem; they treat their portfolio like a dirty diaper they don't want to touch.
6000s gets into panic zone where people might cash out ... anything now could start a sell off.
This comment has received too many negative votesshow
MOT this market is not impossible, suckers existed since the beginning of time. you are such a self defeatist... you care more about being right in your doom fantasy then devising a clever way to stop it. other then that, rock on MOT, there is lots of good stuff in the contents... I have read the bulk of the books in your episodes. show them more clearly in your videos please :) I'm not so sure about some of Eustace's more obscure works.. The Curse of.....but anyways.. take care.
Hey MOT, long time viewer. Whatever folks think of Texas ...one way or another, we currently enjoy the strongest economy in the USA on a state by state basis. We wold love to have you here in modest little ol' Texas.
"AUSTIN (AP) as of Jan 2009— Texas is projected to have a $447 million shortfall in its unemployment compensation trust fund on Oct. 1 following the temporary suspension of the unemployment replenishment tax at the behest of Gov. Rick Perry, according to officials.
The unemployment fund, which pays jobless claims, was flush with $90 million in savings nearly a year ago when Perry temporarily halted the replenishment tax, one part of the unemployment insurance tax. The suspended tax was reinstated this month, but officials said it won't be enough to cover the shortfall between the $414 million the state expects to be in the fund Oct. 1 and the $861 million it's supposed to have.
i didn't say Texas wasn't involved. I merely said relative to the other states, Texas has the strongest statewide economy. It's not an opinion. it's well reported fact. look it up.
They tried to pump it back up to 0%, but they seem to have lost it at the end.
They seem to be really aggressive this week. The worse the news gets during the day the better the market rebounds. The must be deathly afraid of going into DOW 6000.
There was no PPT around during the depression. The days before the crash had some of the biggest "up" days ever. I wonder what the effect of all the manipulation will have on the crash this this time?
Its funny how these big companies and banks believe so much in capitalism until it comes to them then its a different story. Bailouts are not capitalism.
"Do as we say but didn't do as we do" is that it?
ANOTHER THING !
Why the hell is it this country has and needs over 500 different banks? and how the hell does the Gov expect to FDIC that amount. This country needs maybe 6 different banks that is it! There were only a handful when I was a kid and things were just fine... To many banks!
All these companies coming out of the "good times" that are having trouble are still going to fail. Like my example of Nova Chemical above, they will be bought up for pennies on the dollar, they will not go out of business.
This is how the bailouts were painted ... "we can't lose these companies and jobs". Well, we are going to lose them anyway.
The bailouts are only going to sweeten the deals for the vultures. If GM takes $20B before it fails then maybe China will buy it for $5B.
That is interesting and even more upsetting. So you think they are going to take the 20 bill and get bought out intentionally?
Even in the "good times" GM couldn't turn a profit and did nothing about their ridiculous union concession.
The ONLY company I see that has made a good move and did their homework was Budweiser by selling to Belgium a little over a year ago before this collapse became eminent.
No more bailouts for ANYONE! especially for these crooks on Wall St.
I don't think they are doing it on purpose. The Management team has one goal - to survive. They are going to attempt anything including bailouts to stay alive until they can make a new plan. When they can go no further they just pack up and leave.
Even if they could rework all the union agreements, retool for great new cars, cut huge amounts of costs, etc, etc. ... who is going to buy the product they create?
It will fail; the bailout is just tossing good money after bad money.
Thanks for the info, like MOT, your opinion to me comes highly respected and once again I couldnt agree more. Personally I think they should skip the trip to Washington and pack up their desks and leave now, why prolong it. How long ago did the get that first 12 bill (1 month ? or so) What the heck was that an installment. They sold 120 thousand units last year how can you survive on that! So many car makers over the past century have come and gone and GM an Chrysler are no different.
DOW is crashing into the closing bell. Down 85 with 1 hour of trading left.
This sets up Friday for a crash through 7000 into the 6's. Of course this can all be changed if the Plunger proect team busts out the biggy bank and does some day trading. We will see.
GM claims quarterly loss of 9.6 billion today. This calculates into roughly 58 thousand dollars "A MINUTE" so by the time I am done typing this and sending it they will have lost another 58 thousand of "OUR TAX DOLLARS". They are heading to Washington with their hand out once again as predicted. I say NO WAY! Let them go under and the sooner the better. The fact is they still have a good market share in Europe so they need to pack up their tent stakes and head across the ocean not to Washington!
A sign of the times. Up in cold Canada lived a world wide Chemical/Plastics company called Nova Chemical. The company is arguably worth between $11-12Billion. Unfortunately it got caught on the wrong side of debt obligations. They required $100M by the end of the month. They exhausted all types of equity firms and eventually gave up.
Going once, going twice ... sold the investment company out of Abu Dhabi for $499Million. Yeeoooowch.
For the full year, GMs net loss was $53.32 per share, the second-worst annual result in the companys history. The worst loss occurred in 2007, when the Detroit-based company lost $38.7 billion, or $68.45 per share, in 2007, due largely to charges for unused tax credits.
So between 2007 and 2008 GM has lost $121 per share?
If they nuked Detroit they could do no worse
Again, if Spongebob SquarePants and Patrick were in charge they could do no worse
Even though GM was not managed well before the credit crisis dragged them down to the point of bankruptcy, The stock price of a company these days "may or may not" reflect the internals of the company.
EFT Shorts and hedge funds caused a lot of stocks to cascade down a lot faster than it would have normally.
People holding GM in their retirement accounts barely had time to sneeze before the shorts qucickly took value from the stock price.
thanks for very much for that. Is now a bad time to start a small business so - as I was thinking of setting up a small company that imports soap from the Mediterreanan ?
Starting any type of business right now is hard - funding is nowhere to be found. They may force banks to open up mortgages but biz start up loans will be tough without solid security like off balance sheet assets. You would need a line of credit to draw on for an import business - money goes out for products that won't be sold for a long time.
Next, I worry about consumers having the money for specialty items in the future.
Next, I worry about the problems in the Med. Spain, Italy and Greece all had their bonds downgraded. Greece has been rioting for 3 months now. There is much talk about Germany and France having to bail out Ireland and the "Club Med" countries.
Next, with an import business you have to worry about currencies. You are buying in Euros and selling in $USD. You could get caught with 15% hit while your product is on a boat.
For sure if it is a dream try it, but might be tough right now.
marksmiler2009...I agree with crabshack777...you do not mention if you are in the USA...I didn't check your profile either...but, if you are in the USA...how about selling/distributing natural/organic/farm/locally made products? QUALITY is available in the USA...just need to know where to look. Where I live, many small, natural, organic farms/herbalists that produce amazing products...the future will build upon quality and local craftsmanship valued.
MOT I voted for Nader lol. If Paul was on the ticket he no doubt would have had my vote. As I mentioned in your other vid, I seen that Beck show your talking about and it was pretty interesting. It was called Beck's War Room. Pretty interesting Scenarios.
Banks: The insolvent banks were NOT suppose to get any bailout $ until the bankers who wrote up the last Stimulus put the insolvent banks back on the bailout list to save their shareholders. The package Congress didn't read :(
Way too scary to trade with the PPT buying the market.
Since 2006 the FED doesn't have to report the M3 number so you can't tell if they are gearing up for a 'big buy'. They drop the money in JPMorgan and have them make the trades.
They don't even trade with real money. They use the New York Fed's repo desk to do their dirty work. Repurchase agreements that can be put out for 65 days ... really money from thin air.
The best part is JPM also uses their own money to benefit.
NOTE: this is only at America's 500 largest public companies and not small business across the Nation which makes up apox 60% of the US tax revenue in our country.
Thanks K9. 2 years with that company. 8 years in the security business. I thought my job was recession proof. My last week on the job, I had corporations trying to barter for huge security systems. Scary. The company hasn't even paid me my last check.
If you are a trader and you are hurting, you are being equally fckd by the banks. You are as big a sucker as anyone that accept all these bailouts. The thrue way to resloution is to set up independent trading floors. Get out of the fetal position and start resuing the REAL economy.
I hope you made lots of money from your predictions (?) The Dow down to 3000 by Halloween; that will be quite something. Any investing/trading recommendations?
Lest you observe him as your Savior, his promise is to "change" the world, for not ever the Lord our God is commended to Save the world, but only those who have chosen to be saved.
Mot Man is one who brings change to the minds of those who chose to be changed, before we are made to be changed.
The question of Judas was similar to this on the night of the last supper. When dealing with second place, consider the the wise men brought both Silver and Gold when the guiding star was present and Rising. They did not bring paper redeemable for gifts from Herods. It is not that you shall seek to "make money". The silver and gold is to be offered as to those who would find more value in it, than you would have.
Bless you, Mr. Policeman. Your job will only get more difficult the further down the rabbit hole we go. Kudos to the police who deal with it al! Respect.
I'm a police officer in Illinois, we had 5 suicide attempts in the last 2 weeks and calls for domestics have increased sharply. I'm not looking forward to this summer! Also, I just recently purchased some silver since I may need to buy food this year.
Do you intend to become Violent? Do you intend to go where they say there will be great grief? If you choose Wars over "rumors" of Wars, it is by your will that it is done. If you remain with peace, you shall keep it, for the says clearly "My reward is with me", and his peace exceeds our own understanding.
So Bernanke just said nationalization isnt going to happen in the US, no need for it he claimed. The recession will prob end this year and everything is now hunky, yipiii!
Thank goodness, This is good to know....Now I can go back to smokin crack and drinking sterno. God knows I'm out of weed and Absinthe. Heck I may even sell some silver for stock in Indymac !!??
Ya ya so the Corporate old world model is dying and the stockholders are being liquidated to try and pay off the mountain of garbage this failed model has created.
Like a great film...I am enjoying watching the demise of greedy behemoths who have wrecked our culture. We, the "little people" will create something sooooo much better despues la revolucion!
Imagine the huge % of baby boomers that were ready to float into their retirement. They have watched their million dollar 401ks drop to 200,000. Their homes have lost 30% and can't be sold. They probably have a feeling that oldage benefits are more of a ponzi than even Madoff could dream up.
These are not irresponsible people - these are workers that did everything right. They invested in US Blue Chip companies - GM, Ford, GE, Sterns, Lehmans.
crabshack777 - to your point, I am someone who has lost all in this economic crisis...my money, my home...even my clothing and furniture was sold to pay Citimortgage. As someone who has lost...I do feel for others going thru this demise....however, I do not mind seeing major retailers/brokers/useless corporate giants, etc...etc...close up shop - yes it is painful now, but I and many others share the idea behind the movement to live and trade locally - people friendly economies.
You are as one of many , who ask the Lord "when?......", and you are given a white robe and shown to wait awhile longer while the work is finished in the world.
Remember, He who is "in" you, is greater than he who is "in" the world, and we are truly "in" this world and not "of " it.
This isn't going to go away. What you are witnessing is a massive devaluation to fund globalization. This will not weaken corporations, it will strenghten them.
good question, i am interested to know about that as well. Over here in Europe many politicians are now calling for a stronger IMF with a bigger budget . Same for the worldbank.
IMF and WorldBank fund the corps and help globalization. e.g. investigate Indonesia (Peter Pilger vid) NWO and currency are a diversion, a red herring.
Best Buy stores average 50,000sf @ $10/sf. Their labor is about $85,000 per month. They have $10,000 in utilities. There are other costs, but this will give you an idea.
This store will need $137,000 each month to keep running.
Best Buy averaged 24% gross in 2008. Maybe that goes down as they have to make sales, etc.
So, Best Buy needs to turn $570,000 in sales each month, just to break even.
I have 6 Best Buy stores within 1 hour drive of me. Each has to do that. :(
Just heard a clip from one of the top best buy dogs up here in Minnesota. He said they are cutting back drastically to deal with the "worst slowdown their company has ever seen".
o Israel has killed Americans (eg. Sailors on USS Liberty, Rachel Corrie, etc...)
o Israel spies on this country.
o Israel blackmails our corrupt politicians.
o Israel steals our taxes.
o Israel uses our country as their toilet.
For more info, click my UsedID then browse my informative Israel playlist.
Please distribute this post and tell your Senator and/or Representative about Israel's killing Americans, heinous crimes, stealing our taxes, and its spying on USA. Peace!
HateAllNazis 2 years ago
Notice how on Google now they removed the DOW jones? You used to be able to just put "
Dow Jones Industrial Average" into it and it would appear at the top. But no longer. Now you have go into the financial section.
imperialcrypt 2 years ago
Your on to something too* I tried to do a dow jones google search for studying the charts and the top 5 links gave me nothing of value after 2007, and I don't think it's a coincidence that the Dow Jones suddenly stops at the height of it's strength (just before the housing bubble burst). Talk about mass censorship or some fundamental information***
mookixox 2 years ago
i have to get on this stop spending ron paul wagon.
Im totally convinced, but who is the savior?
Who can provide a plan to feed the unemployed and their families?
Who can do this?
Well, I think it just might be a work brigade!
cracktroop75 2 years ago
this can all be solved by american workers and students learning the MSE (Math, Science, Engineering)
We are the land of the free.
We fought for our right to live awseome.
We should learn to share more yes, but we need to remain competitve with technology and have other countries idol us for it!
cracktroop75 2 years ago
First of all it's not about being smarter, faster, stronger, more educated. It's about learning to cut back and live within your means. Not having a giant pool in your back yard when families die of thirst in africa. Not driving 3 cars and having 3 plasma tv's, not letting your kids eat mcdonalds every day till they become fucking diabetic whales...this is a wake up call to change your LIFE and it's LONG over due pal*
mookixox 2 years ago
damn, good video manoftruth!
windwatcher89 2 years ago
Hell yeah!!!!
numba1stunna4269 2 years ago
This has been flagged as spam show
o Israel has killed Americans (eg. Sailors on USS Liberty, Rachel Corrie, etc...)
o Israel spies on this country.
o Israel blackmails our corrupt politicians.
o Israel steals our taxes.
o Israel uses our country as their toilet.
For more info, click my UsedID then browse my informative Israel playlist.
Please distribute this post and tell your Senator and/or Representative about Israel's killing Americans, heinous crimes, stealing our taxes, and its spying on USA. Peace!
HateAllNazis 2 years ago
PROTIP: the banks are already centeralized,a nd have been for the better part of 45 years.
All of the biggest banks are a Cartel, and there is no true competition between them.
gojo345 2 years ago
Member banks and their affiliates can only be insolvent if they wish to be insolvent. Right?
divinacomedias 2 years ago
Investors are not producers
I think most politicians are just narcissist actors which suits the corporations perfectly
The corporate media obfuscate the truth SOOOO much that most people couldn't figure it out to save their lives... and I mean normal people
I wonder what Buckethead would do;)
olseabee 2 years ago
It looks to me like the merchant/colonials set up our fed banks to siphon our production off to create huge international corporations that they run
It's europe basically and they run all
I think politically they group mismatched ideals to confuse people,, draw them in with one philosophy and make them accept something contrary so nobody is sure of anything
Like tightwad starve to dirt poor coupled with "family and Christian values"
Or "pro-gay" "pro-abortion" BUT also pro-worker
olseabee 2 years ago
NOTICE what they agree on?
open borders and globalization
foreign wars expanding control of the colonial banks and trade cartels
olseabee 2 years ago
A.
"olseabee"
I'm not talking about the parasitic investors, sorry I should have been a bit more clear. My intentions of the comment was small business owners and the middle class workers. Although Obama is trying to sugar coat and make it look like the tax cuts are for the middle class workers and small business owners, if you really look at it there is nothing further from the truth.
SendinK9 2 years ago
B.
Democrats/Socialist traditionally raise taxes on one group and give it to some other non-deserving group/s, this is part of the economic problem today that has caught up to them IE California etc... As for the investors the bottom line of these unjust bailouts are to save their portfolios etc etc.
SendinK9 2 years ago
C.
Bailout the insolent banks thus save the shareholders, not surprised! when this stimulus package was written up by these bankers and (Passed) but NOT read by the Dem congress... "I thought when the people elected those morons "READING" was one of the qualifications!"...
SendinK9 2 years ago
D.
And for the record the republicans are no better. These days I feel it is an equivalent group "destructive" effort. Bush was a disaster who got the "ball rolling" in the first place. MOT is 100% correct in his cometary on the monetary system imploding on itself (this is true!)
SendinK9 2 years ago
E.
BUT if Wall St and the Gov did the right thing over the past 8/9 years this would have been avoided for at least another 30 years. The corrupt morons on Wall St have sped up the process 100 fold and the politicians just keep fueling the fire thus not becoming part of the remedy but part of the problem...
SendinK9 2 years ago
That's fine SendinK9
I like pointing that out occasionally anyway;)
With all the rhetoric about wealthy paying all the taxes it needs to be pointed out that they do not produce and they benefit from our system that we all support
And they profit from us
I mean they do not produce anything!! heheheh
olseabee 2 years ago
1.
I couldn't agree more olseabee, its funny how the cry about it.
Its the middle class business owners that grew the economy in the USA in the first place. I feel we should draw up a contract with the US Gov stating we will loan our tax money in return we want a contractual agreement that no corporate businesses are allowed to operate in this country ever again.
SendinK9 2 years ago
2.
People forget places like Home Depot, Walmart etc etc have put many "MANY!" small businesses out of business all over the USA not to mention they have changed the beautiful landscapes of many towns, cities and countrysides all over the USA. I say "back to small business" minus these corrupt corporations and get the USA back on its "HONEST" feet. This was a fine powerful country before all these lazy ass stockholders of these blood sucking corrupt corporations came along.
SendinK9 2 years ago
3. I also say the hell with globalization... This was created so these very corporations can sell their products and obtain cheap labor X-ing out the American worker. Globalization ruined the USA and the American workers future. We also need to get rid of about 400 banks in this country and bring that amount down to a logical number. There is a ridiculous amount of banks in the USA and until someone can give me a logical answer why we need so many I say get rid of all except for maybe 5 or 6.
SendinK9 2 years ago
1.
Heavy protesting today against Obama's "bailout the non viable foreclosures" plan.
They are starting to call this the Obama/Bush plan. One spent money one way and the other spends the other. I look at that moron Poloci and the more I do the more I realize she is the equivalent of a retard on a power trip. Obama's campaign promise was to get rid of ear marks...
SendinK9 2 years ago
2.
then they pass a stimulus with over 8000 of them in it and in defense he says the ear marks were there before he got in office lol. With Bush we were swimming in a toilet, with Obama we are being flushed down. His tax plans collide with each other. Take from this and add to that, tax this group and reduce taxes in this group all are contradictions to any kind of "logical" economic tax plan. He is stealing from the producers and giving to the losers...
SendinK9 2 years ago
3.
They say he will be a one termer, I say the streets are going to be filled with American people with blown gaskets. I have already stated the riots are coming a month ago at which point I said another month to two... well her we go so get ready.
The ObamaNation with more Taxation!
SendinK9 2 years ago
Comment removed
SilverRose09 2 years ago
Man of truth, it might not hurt to turn your volume up a bit. I'm having trouble hearing you.
SilverRose. With this foolish war in Afghanistan it's very possible we will have hyperinflation to the point of a worthless currency.
Safe havens could be Swiss bonds. I wouldn't get gold as the gov. can confiscate it. Commodity shares might not be a bad idea either.
mcfallb 2 years ago
Comment removed
SilverRose09 2 years ago
I think what has gone a bit unoticed today is the GDP figures for 2007-08
2007 2%
2008 1.1%
that seems very low to me.
SSBNRN 2 years ago
The written agreement was brought to Beijing by Secretary of State Hillary Clinton and was formalized and agreed-to during her recent trip to China.
This means that in the event the US Government defaults on its financial obligations to China, the Communist Government of China would be permitted to physically take -- inside the USA -- land, buildings, factories, perhaps even entire cities - to satisfy the financial obligations of the US government.
tonapah141 2 years ago
February 26, 2009
FEDS GRANT EMINENT DOMAIN AS COLLATERAL TO CHINA FOR U.S. DEBTS!
Beijing, China -- Sources at the United States Embassy in Beijing China have just CONFIRMED to me that the United States of America has tendered to China a written agreement which grants to the People's Republic of China, an option to exercise Eminent Domain within the USA, as collateral for China's continu More..ed purchase of US Treasury Notes and existing US Currency reserves!
tonapah141 2 years ago
As of this date, that story about Feds Grant Eminent Domain...is an unconfirmed rumor from unknown sources.
Clarissa2424 2 years ago
The only hope is to go out in a blaze of hyperinflating glory - at least when we are printing $100Million dollar bills we can pay off the debt before we explode.
Infrastructure starts reallllly slow. You don't just get 100 guys and a some concrete and build bridges - they take months to design and get approval for. Then they are tendered, products ordered, etc. I would be suprised if there were shovels in the ground before September.
crabshack777 2 years ago
Rebuilding industry is even worse. Right now the world is fine that nothing is produced in the US - we aren't doing without anything in the world, somebody else is producing it in their country. So, we have to get into new technologies.
Well, those technologies start in a lab, then a concept ...... then wayyyy down the road a plant gets proposed. Then further down the plant is staffed with people to start working. We are talking 3 years out to do anything substantial.
crabshack777 2 years ago
Basically this is a chess game and we are being worked into a corner. Maybe Obama knows there is no hope or maybe he believes he can fix this.
Peter Shiff had a good video out that talked about the President's plan. He said that old, "go out and spend" addage won't work anymore. We have no savings and we used all of China's savings. We first have to save before we can spend ... but nobody is going to save at 0% interest.
hyperinflate->new system->cash in your gold->start over
crabshack777 2 years ago
"saving" is nonsense when all money is issued as debt, saving is a mute point and more obfuscation from the real issue which is colonialism brought about with power over people by putting them into debt
We DO produce so why do we not have money for our production?
I wonder about some of the posters on youtube
olseabee 2 years ago
What do you think people are gonna save?? their DEBT?? lol
Maybe if they raise interest rates people will save??
If they didn't LOAN us money we would have no money at all
That is where we came from
No money '80's
The money came from govt spending to send our jobs overseas
Like I said,
"I wonder about some of the posters on youtube"
olseabee 2 years ago
"The money came from govt spending to send our jobs overseas"
After reagan spent it on offshoring and seeding foreign economies, it "trickled down" to investors who spent it like misers looking to sell their kids to bankers
Most of our problems are from a lack of money due to globalization
The "savers" were the old people who had 3% fixed mortgages and 12% cd's on their kids who usually just rented
Paul volcker was scum!
People are confused by globalist policies I think
olseabee 2 years ago
Well, I've stocked up on dry goods, learned to make sour dough bread with natural yeast starter and layed out some logs to build a garden plot;)
Soil prep is next and then fencing and seed
I'm a self employed woodworker but not working much at all so may as well do something productive
I wonder if the stimulus will just be short lived rallies which inevitably sour due to the debt issue they ignore
olseabee 2 years ago
Irish banks took on debt equivalent to 11 times the nations own gross domestic product, Dutch-bank credit reached seven times GDP and Belgium four times, according to BNP Paribas SA.
This is going to become bigger & bigger story,
The UK didn't join the Euro,as policy makers said it would be doomed to failure,as you cannot have monetry union without political union.
To leave the Euro would destroy the economy of any country doing it,it is also illegal to leave,SOME SELLING POINT!"
SSBNRN 2 years ago
Richard Howard, a managing director for global markets at Dallas-based Hayman, said Germany may opt to shore up its own economy, Europes biggest, rather than bail out fellow euro nations such as Austria, Italy and Spain as their banks sag under the weight of bad debts. That might lead to defaults and compel Germany to renounce the euro, he said.
SSBNRN 2 years ago
Going to self sustained communities in America may be what we are facing but working as a nation is better
We will need money for that
It doesn't matter what the other monies of the world are doing IF, they cannot buy here anyway
We can protect the sovereignty of our money and then foreign markets are obsolete
We can manage limited trade but I think the alternatiove is globalism
Offshoring OUR factories has compromised our future
olseabee 2 years ago
People want to say "let them fail"
But with our current system, how can anything succeed???????
olseabee 2 years ago
Local endeavors will succeed. National ones will fail.
manoftruth 2 years ago
We need more money and less debt
We need to own our houses outright
We can't do anything while broke and bankrupted
Globalism stinks and is a tool being used against us
Where's our factories?
olseabee 2 years ago
We used to manufacture everything and it worked fine until they ruined the MONEY
How could we BUILD an industrial base out of nothing but then could not MAINTAIN IT??? bs
And now everybody in debt
We're being overthrown
We should produce for ourselves and make sure we have plenty of money for ourselves
Our wealth is in our production
Don't export
olseabee 2 years ago
Economy shrinks 6.2%. hmmmmmm
manoftruth 2 years ago
futures down a tad
manoftruth 2 years ago
We are facing problems of the past
We need to protect national sovereignty of,, our money,, our govt,, our markets,, our production,, our land ownership,, our labor,,,
ONLY THEN will markets function
Colonial merchants have infiltrated America at every level
They call it globalism now
olseabee 2 years ago
Money is the domain of our representative govt
"Congress shall have power to coin money and regulate the value thereof"
Our govt doesn't represent the people anymore because we don't have any money
We can't afford to run or put honest people on the ballot
An economy built on counterfeited money that disappears and open borders is not "free market" anything
The reason automakers in America are in trouble is due to our pro-globalism money system
i.e. BANKS EXTEND CREDIT!
olseabee 2 years ago
olseabee 2 years ago 2
3.8m people either already owe more on their mortgage than their home is worth or are about to - UK.
loderchris 2 years ago
FORBES LAYOFF TRACKER:
Yesterday I posted the job loss for Feb 25 was 119.639
and this is a big increase up from the 52,685 I posted for Feb 12.
Today for the month of Feb thus far 123,604. The trend has come apparent to be 2 to 6 thousand jobs lost per day.
NOTE: this is only at America's 500 largest public companies and not small business across the Nation which makes up apox 60% of the US tax revenue in our country.
You have to look at this from and unemploy fund. This cant be sustained.
SendinK9 2 years ago
Every day I wake up we drink a lot of coffee and watch the CNN
Every day I wake up to a bowl of clover honey and let the locusts fly in.
Shadow of the New Praetorian
Tipping Cows in fields Elysian
Clutch -Burning Beard
goedeck1 2 years ago
Comment removed
SendinK9 2 years ago
This has been flagged as spam show
"goedeck"
Nice poetry but here is one I just wrote:
There goes our boys sent out again to fight, an unjust war in the name of FREEDOM and a BAILOUT in spite, Soon our real leader will be coming back from mans past, and all the Wall St crooks will hide because they know its their ass!
Ok I promise that will be the last one I write lol.
It was just compelling thoughts...
SendinK9 2 years ago
tomorrow
could be
a red letter day...
dow might go
into the 6000's
woof ...
bad day
for biscuits..
chena3 2 years ago 2
Next support level 6880 or so...
Astrocreep69 2 years ago
or so being 5600. :)
If the DOW finishes into the 6000's it will be a big shock to people over the weekend watching the news. I suspect it will be miraculously traded over 7000 in the final 2 hours of the day.
There are probably a lot of people that have been using a grin-and-bear-it approach to this problem; they treat their portfolio like a dirty diaper they don't want to touch.
6000s gets into panic zone where people might cash out ... anything now could start a sell off.
crabshack777 2 years ago 4
This comment has received too many negative votes show
blackmagemoneybot88 2 years ago
It is not stoppable. It is destined to happen. It will happen.
Probablilty = 100%
manoftruth 2 years ago
Hey MOT, long time viewer. Whatever folks think of Texas ...one way or another, we currently enjoy the strongest economy in the USA on a state by state basis. We wold love to have you here in modest little ol' Texas.
treydur 2 years ago
1.
"treydur"
Texas is fine? Boy thats funny hmmmm.
"AUSTIN (AP) as of Jan 2009— Texas is projected to have a $447 million shortfall in its unemployment compensation trust fund on Oct. 1 following the temporary suspension of the unemployment replenishment tax at the behest of Gov. Rick Perry, according to officials.
SendinK9 2 years ago
2.
The unemployment fund, which pays jobless claims, was flush with $90 million in savings nearly a year ago when Perry temporarily halted the replenishment tax, one part of the unemployment insurance tax. The suspended tax was reinstated this month, but officials said it won't be enough to cover the shortfall between the $414 million the state expects to be in the fund Oct. 1 and the $861 million it's supposed to have.
SendinK9 2 years ago
3.
Meanwhile, jobless claims have skyrocketed because people are having a hard time finding jobs."
I think you need to roll down that pickup truck window and take a good look around outside... Texas is in just as much trouble as everyone else.
SendinK9 2 years ago
i didn't say Texas wasn't involved. I merely said relative to the other states, Texas has the strongest statewide economy. It's not an opinion. it's well reported fact. look it up.
treydur 2 years ago
wrong ..
alaska has a permant fund .savings of 30 bil ..
and lotz of oil ...
texas is so 1960's...
chena3 2 years ago 3
I went to deposit checks in my business account at my local bank in northern california.
It was closed. The lone staffer sat outside the bank on his chair. After pressing him for what was going on he let on that the bank had been robbed.
I live in a upper middle class 'quaint' college town..
Things are changing folks.
webdork69 2 years ago
As market closes today, Dow on track to close down over 100.
PPT moves in and knocks it back up 10 points at a tick back towards 30 down.
Man! They have no shame.
Not even trying to cover their tracks anymore.
seatpost272 2 years ago
Well they let it run at the end. Probably would have been down 150 or more.
seatpost272 2 years ago
They tried to pump it back up to 0%, but they seem to have lost it at the end.
They seem to be really aggressive this week. The worse the news gets during the day the better the market rebounds. The must be deathly afraid of going into DOW 6000.
There was no PPT around during the depression. The days before the crash had some of the biggest "up" days ever. I wonder what the effect of all the manipulation will have on the crash this this time?
crabshack777 2 years ago 2
Its funny how these big companies and banks believe so much in capitalism until it comes to them then its a different story. Bailouts are not capitalism.
"Do as we say but didn't do as we do" is that it?
ANOTHER THING !
Why the hell is it this country has and needs over 500 different banks? and how the hell does the Gov expect to FDIC that amount. This country needs maybe 6 different banks that is it! There were only a handful when I was a kid and things were just fine... To many banks!
SendinK9 2 years ago
All these companies coming out of the "good times" that are having trouble are still going to fail. Like my example of Nova Chemical above, they will be bought up for pennies on the dollar, they will not go out of business.
This is how the bailouts were painted ... "we can't lose these companies and jobs". Well, we are going to lose them anyway.
The bailouts are only going to sweeten the deals for the vultures. If GM takes $20B before it fails then maybe China will buy it for $5B.
crabshack777 2 years ago
"Crabshack"
That is interesting and even more upsetting. So you think they are going to take the 20 bill and get bought out intentionally?
Even in the "good times" GM couldn't turn a profit and did nothing about their ridiculous union concession.
The ONLY company I see that has made a good move and did their homework was Budweiser by selling to Belgium a little over a year ago before this collapse became eminent.
No more bailouts for ANYONE! especially for these crooks on Wall St.
SendinK9 2 years ago
K9,
I don't think they are doing it on purpose. The Management team has one goal - to survive. They are going to attempt anything including bailouts to stay alive until they can make a new plan. When they can go no further they just pack up and leave.
Even if they could rework all the union agreements, retool for great new cars, cut huge amounts of costs, etc, etc. ... who is going to buy the product they create?
It will fail; the bailout is just tossing good money after bad money.
crabshack777 2 years ago
crabshack
Thanks for the info, like MOT, your opinion to me comes highly respected and once again I couldnt agree more. Personally I think they should skip the trip to Washington and pack up their desks and leave now, why prolong it. How long ago did the get that first 12 bill (1 month ? or so) What the heck was that an installment. They sold 120 thousand units last year how can you survive on that! So many car makers over the past century have come and gone and GM an Chrysler are no different.
SendinK9 2 years ago 2
DOW is crashing into the closing bell. Down 85 with 1 hour of trading left.
This sets up Friday for a crash through 7000 into the 6's. Of course this can all be changed if the Plunger proect team busts out the biggy bank and does some day trading. We will see.
Update on 30yr bond short, for those interested.
1day up 07%
5day up 1.2%
1month up 3.89%
crabshack777 2 years ago 2
GM claims quarterly loss of 9.6 billion today. This calculates into roughly 58 thousand dollars "A MINUTE" so by the time I am done typing this and sending it they will have lost another 58 thousand of "OUR TAX DOLLARS". They are heading to Washington with their hand out once again as predicted. I say NO WAY! Let them go under and the sooner the better. The fact is they still have a good market share in Europe so they need to pack up their tent stakes and head across the ocean not to Washington!
SendinK9 2 years ago 2
A sign of the times. Up in cold Canada lived a world wide Chemical/Plastics company called Nova Chemical. The company is arguably worth between $11-12Billion. Unfortunately it got caught on the wrong side of debt obligations. They required $100M by the end of the month. They exhausted all types of equity firms and eventually gave up.
Going once, going twice ... sold the investment company out of Abu Dhabi for $499Million. Yeeoooowch.
crabshack777 2 years ago
FREEMASONRY is the C I A of the european colonial merchants who operate out of LONDON ENGLAND
They set up freemasonry and masonic DEBT SLAVERY to take over the world with
American freemasons are chumps, foreigners and TRAITORS
The masonic compass and square is the star of david
The U.S is being returned to colony status
olseabee 2 years ago
For the full year, GMs net loss was $53.32 per share, the second-worst annual result in the companys history. The worst loss occurred in 2007, when the Detroit-based company lost $38.7 billion, or $68.45 per share, in 2007, due largely to charges for unused tax credits.
So between 2007 and 2008 GM has lost $121 per share?
If they nuked Detroit they could do no worse
Again, if Spongebob SquarePants and Patrick were in charge they could do no worse
OpenMind00 2 years ago
Amen. I say put in Spongebob as CEO an Patrick as CFO
manoftruth 2 years ago
Spongebob and Patrick would never have lost 80 billion either.
lostinthemix 2 years ago
Yep, they are much more responsible than that!
manoftruth 2 years ago
Even though GM was not managed well before the credit crisis dragged them down to the point of bankruptcy, The stock price of a company these days "may or may not" reflect the internals of the company.
EFT Shorts and hedge funds caused a lot of stocks to cascade down a lot faster than it would have normally.
People holding GM in their retirement accounts barely had time to sneeze before the shorts qucickly took value from the stock price.
Stock price does not always reflect internals.
Clarissa2424 2 years ago
When I read "dow" at 1997 levels' is this figure adjusted for inflation? Also, I never read of population adjusted figures.
ehswan 2 years ago
not adjusted.
manoftruth 2 years ago
Brent I know this is not your taste of music but watch this I am surprised more artist have not tried to write about these current event issues
watch?v=Gyz-DbYuRp4&feature=related
147megahertz 2 years ago
good video.
XeloEspada 2 years ago
Comment removed
Liquidlight26 2 years ago
thanks!
manoftruth 2 years ago
Thanks for the update its good to hear someone is staying positive. Glenn Beck if you read this Hurry catch up to us!!
Keep it up
anthropomorphosizeme 2 years ago
Hi Manoftruth
I learn alot from your videos so at.
thanks for very much for that. Is now a bad time to start a small business so - as I was thinking of setting up a small company that imports soap from the Mediterreanan ?
What do you think ?
Thanks for your time,
Mark
marksmiler2009 2 years ago
My 3cents, take it or leave it, might be wrong.
Starting any type of business right now is hard - funding is nowhere to be found. They may force banks to open up mortgages but biz start up loans will be tough without solid security like off balance sheet assets. You would need a line of credit to draw on for an import business - money goes out for products that won't be sold for a long time.
Next, I worry about consumers having the money for specialty items in the future.
crabshack777 2 years ago 2
Next, I worry about the problems in the Med. Spain, Italy and Greece all had their bonds downgraded. Greece has been rioting for 3 months now. There is much talk about Germany and France having to bail out Ireland and the "Club Med" countries.
Next, with an import business you have to worry about currencies. You are buying in Euros and selling in $USD. You could get caught with 15% hit while your product is on a boat.
For sure if it is a dream try it, but might be tough right now.
crabshack777 2 years ago
Hi Crabshack777
Thanks for your reply - its given me some food for thought allright but I still think it may be worth the shot !
Thanks again
Mark
marksmiler2009 2 years ago
Good news Mark. Truely with enough hard work ice could be sold to Eskimos.
Talk to others doing the same things. Most will tell you the challenges they face.
Most of all good luck.
crabshack777 2 years ago
marksmiler2009...I agree with crabshack777...you do not mention if you are in the USA...I didn't check your profile either...but, if you are in the USA...how about selling/distributing natural/organic/farm/locally made products? QUALITY is available in the USA...just need to know where to look. Where I live, many small, natural, organic farms/herbalists that produce amazing products...the future will build upon quality and local craftsmanship valued.
reallynewdeal 2 years ago 2
Comment removed
Liquidlight26 2 years ago
REVOLUTION is coming.
We are witnessing the END of WESTERN MATERIALISM, or 'LIVING IN IGNORANCE' as a way of life.
All we have seen for many years is the continued EVOLUTION OF IGNORANCE/SELFISHNESS (wanting/greed/unhappiness).
Look around YOU, most are UNHAPPY (depressed) and most WANT/TAKE more than they NEED (are greedy).
This system is NOW coming to an END.
There is 'NO JUSTICE' IN IT.
Evolution has shown this to be the case,
AND REVOLUTION WILL FINISH IT OFF.
NowisEvollovetion 2 years ago
BUSH will! and rightfully so go down as the worst and most harmful president in this countries history!
This is what happens when you put a corporate "point man" in the White House...
SendinK9 2 years ago
Comment removed
SendinK9 2 years ago
This has been flagged as spam show
MOT I voted for Nader lol. If Paul was on the ticket he no doubt would have had my vote. As I mentioned in your other vid, I seen that Beck show your talking about and it was pretty interesting. It was called Beck's War Room. Pretty interesting Scenarios.
Banks: The insolvent banks were NOT suppose to get any bailout $ until the bankers who wrote up the last Stimulus put the insolvent banks back on the bailout list to save their shareholders. The package Congress didn't read :(
SendinK9 2 years ago
Comment removed
SendinK9 2 years ago
NO ONE CARES!!! :) have a nice life
Chick6517 2 years ago
I hope y'all arn't stupid butts who buy into "now is the time to be easing into the market" LOL !
webdork69 2 years ago
I hope y'all weren't the stupid butts who bought when the DOW was at 14,000.
Now is the time to be easing into the mkt.
DillonX 2 years ago
Thats like someone asking you to ease it in their ass.
BendoverBernanke 2 years ago
ease into a market which will fall another 50% over the next 18 months....
sounds like a great strategy.
Astrocreep69 2 years ago
seems like all the govt wants to do is talk and not walk......but somebody is running with our tax money
buffaloman1980 2 years ago 2
Way too scary to trade with the PPT buying the market.
Since 2006 the FED doesn't have to report the M3 number so you can't tell if they are gearing up for a 'big buy'. They drop the money in JPMorgan and have them make the trades.
They don't even trade with real money. They use the New York Fed's repo desk to do their dirty work. Repurchase agreements that can be put out for 65 days ... really money from thin air.
The best part is JPM also uses their own money to benefit.
crabshack777 2 years ago 4
even the NFL is cutting jobs!
manoftruth 2 years ago
FORBES LAYOFF TRACKER:
For the month of Feb 2009 so far is 119,639.
NOTE: this is only at America's 500 largest public companies and not small business across the Nation which makes up apox 60% of the US tax revenue in our country.
SendinK9 2 years ago
Add at least 1 there. I got the ax Monday.
Securityguy1974 2 years ago
Real sorry to hear that "Securityguy"... Even in light of the situation I hope you can find something soon. How long were you with that job?
SendinK9 2 years ago
Thanks K9. 2 years with that company. 8 years in the security business. I thought my job was recession proof. My last week on the job, I had corporations trying to barter for huge security systems. Scary. The company hasn't even paid me my last check.
Securityguy1974 2 years ago
Apparently Obama's speech did not instill confidence !
DUH !
prepare, prepare, prepare
webdork69 2 years ago 4
legalized theft does not work.
manoftruth 2 years ago
grats on promo
bman462 2 years ago
If you are a trader and you are hurting, you are being equally fckd by the banks. You are as big a sucker as anyone that accept all these bailouts. The thrue way to resloution is to set up independent trading floors. Get out of the fetal position and start resuing the REAL economy.
eurogoldexchange 2 years ago
Joe Kernen is waking up to the horrible reality. It is easy to see if you watch him.
manoftruth 2 years ago
the whole biscuit....
woof ..
chena3 2 years ago
I hope you made lots of money from your predictions (?) The Dow down to 3000 by Halloween; that will be quite something. Any investing/trading recommendations?
jonesr227 2 years ago
is the world going in a depression or on the usa ???
trainride888 2 years ago
What about Obama promising to save the world tonight in his speech???
Astrocreep69 2 years ago
Lest you observe him as your Savior, his promise is to "change" the world, for not ever the Lord our God is commended to Save the world, but only those who have chosen to be saved.
Mot Man is one who brings change to the minds of those who chose to be changed, before we are made to be changed.
askmeif 2 years ago
What I don't understand is people that still do not get it. hopefully they find out before its to late.
they will probably find out when everybody is known as comrade and we all eating borsh.
shaggs112887 2 years ago
I will be posting a video response on your words this week!
williampelish 2 years ago
Hey Big Bro.!
It is Tuesday Night in Central Alabama, and the Nation just got told how it is gonna to be, , , ,
rlmccullough 2 years ago
silver went down a lot today should i buy today or will it go down more before it shoots way up?
digitallando 2 years ago
The question of Judas was similar to this on the night of the last supper. When dealing with second place, consider the the wise men brought both Silver and Gold when the guiding star was present and Rising. They did not bring paper redeemable for gifts from Herods. It is not that you shall seek to "make money". The silver and gold is to be offered as to those who would find more value in it, than you would have.
askmeif 2 years ago 2
yeah right man this summer is DOW 20000!!!!!!!!!
digitallando 2 years ago
Keep tha good info coming Brad...kudos man....
tonapah141 2 years ago
Thanks, Brad!
manoftruth 2 years ago
anybody say 100 trillion???
147megahertz 2 years ago
They removed all stocks below $10 from the dow and replaced them
keithholden 2 years ago
Bless you, Mr. Policeman. Your job will only get more difficult the further down the rabbit hole we go. Kudos to the police who deal with it al! Respect.
4evrMT 2 years ago
I'm a police officer in Illinois, we had 5 suicide attempts in the last 2 weeks and calls for domestics have increased sharply. I'm not looking forward to this summer! Also, I just recently purchased some silver since I may need to buy food this year.
itooktheredpill74 2 years ago 4
I feel sorry for the good cops that are going to have this extra stress. I had an emotional impression 3 years ago warning of these problems.
This summer will be the summer of violence. Gerald Celente and George Ure are saying the same thing.
On a side note, I got talking to a local cop and he admitted to me they are being pressured to write more tickets to bring in funds for the city.
seatpost272 2 years ago 2
Do you intend to become Violent? Do you intend to go where they say there will be great grief? If you choose Wars over "rumors" of Wars, it is by your will that it is done. If you remain with peace, you shall keep it, for the says clearly "My reward is with me", and his peace exceeds our own understanding.
askmeif 2 years ago
Please take care of yourself.
DavidAKZ 2 years ago
Just promise not to taze us when the sh@t hits the fan brother. We are all just trying to survive.
InvestigatEverything 2 years ago 3
Does anybody know what thegas4free.blogspot,com is that Obama has been talking about?
everEbody 2 years ago
Brent, You're the MAN (of Truth)
DOW = 3000
Let's rebuild America!!
davedianarichards 2 years ago
"Da Boyz" (as Rick Ackerman calls them)
pulled out all the stops today with
1.Propaganda
2.Engineered Short Squeeze
3. Shorting of things they don't like.
Too bad for them since they just confirmed yesterdays low as the new
overhead resistance. They must be spending massive amounts of digital zeros and ones trying to keep this puppy up.
seatpost272 2 years ago
woof
they were playing
for the big biscuit today ....
chena3 2 years ago
So Bernanke just said nationalization isnt going to happen in the US, no need for it he claimed. The recession will prob end this year and everything is now hunky, yipiii!
morethan20 2 years ago
Thank goodness, This is good to know....Now I can go back to smokin crack and drinking sterno. God knows I'm out of weed and Absinthe. Heck I may even sell some silver for stock in Indymac !!??
silveraspenleaf 2 years ago
I always look forward to your videos...great job.
450xdad 2 years ago
Ya ya so the Corporate old world model is dying and the stockholders are being liquidated to try and pay off the mountain of garbage this failed model has created.
So why are so many so glum?
Who here supports Corporations anyway?
Cheer up
stephenrblv 2 years ago
Like a great film...I am enjoying watching the demise of greedy behemoths who have wrecked our culture. We, the "little people" will create something sooooo much better despues la revolucion!
reallynewdeal 2 years ago
Imagine the huge % of baby boomers that were ready to float into their retirement. They have watched their million dollar 401ks drop to 200,000. Their homes have lost 30% and can't be sold. They probably have a feeling that oldage benefits are more of a ponzi than even Madoff could dream up.
These are not irresponsible people - these are workers that did everything right. They invested in US Blue Chip companies - GM, Ford, GE, Sterns, Lehmans.
2009: The year of crying. :(
crabshack777 2 years ago 4
crabshack777 - to your point, I am someone who has lost all in this economic crisis...my money, my home...even my clothing and furniture was sold to pay Citimortgage. As someone who has lost...I do feel for others going thru this demise....however, I do not mind seeing major retailers/brokers/useless corporate giants, etc...etc...close up shop - yes it is painful now, but I and many others share the idea behind the movement to live and trade locally - people friendly economies.
reallynewdeal 2 years ago
that is where we are headed. Great to get started now. MOT
manoftruth 2 years ago
You are as one of many , who ask the Lord "when?......", and you are given a white robe and shown to wait awhile longer while the work is finished in the world.
Remember, He who is "in" you, is greater than he who is "in" the world, and we are truly "in" this world and not "of " it.
askmeif 2 years ago
Newdeal,
I am sorry for your losses, however, it sounds like you are a survivor and will do just fine. :)
crabshack777 2 years ago
This isn't going to go away. What you are witnessing is a massive devaluation to fund globalization. This will not weaken corporations, it will strenghten them.
davedianarichards 2 years ago 2
This has been flagged as spam show
Inherited deficit= $1.3 trillion
housing/auto bailout $100bn
Obama stimulus $800bn
keep Goverment running $410bn
borrow SS funds,give IOU $220bn
Total-$2.830 trillion budget defict.20%GDP
Irish people are taking to the streets,Greece,France,Russia,c hina etc
Americans are to laid back,they are putting you up shit creek without a paddle.
USA debt is 74% now,if this is added its 94%.
Good Luck!,to all of us.
SSBNRN 2 years ago
grateful 4 your effort,
what can you say about 1 world bank, 1 world currency and digital money in that system.
artamatra 2 years ago
good question, i am interested to know about that as well. Over here in Europe many politicians are now calling for a stronger IMF with a bigger budget . Same for the worldbank.
jfv65 2 years ago
IMF and WorldBank fund the corps and help globalization. e.g. investigate Indonesia (Peter Pilger vid) NWO and currency are a diversion, a red herring.
davedianarichards 2 years ago
Do you think we will see giants like Best Buy, Target, etc fall or go bankrupt?
RealityCheckTech 2 years ago
Best Buy stores average 50,000sf @ $10/sf. Their labor is about $85,000 per month. They have $10,000 in utilities. There are other costs, but this will give you an idea.
This store will need $137,000 each month to keep running.
Best Buy averaged 24% gross in 2008. Maybe that goes down as they have to make sales, etc.
So, Best Buy needs to turn $570,000 in sales each month, just to break even.
I have 6 Best Buy stores within 1 hour drive of me. Each has to do that. :(
crabshack777 2 years ago 4
Excellent breakdown Crabshack!
InvestigatEverything 2 years ago
Just heard a clip from one of the top best buy dogs up here in Minnesota. He said they are cutting back drastically to deal with the "worst slowdown their company has ever seen".
Astrocreep69 2 years ago
The key to success in investments is to not be a sheep.
Most of the large estates here in Texas were accumulated during The Great Depression.
If you have money, now's the time to buy...if you don't, sell whatever you can for whatever you can get & buy rice for now.
DillonX 2 years ago
good advice, but wait for the bottom towards 3000
davedianarichards 2 years ago
america is China's Citibank..... how long will they pump in real,hardearned money to bailout US?
madhuradi 2 years ago
US planning a new $410bn spending bill,to keep Government running until the end of fiscal year 31/9/09.
Vote to be held next week.
Anymore of this the Americans will be asking fot Bush to come back.
SSBNRN 2 years ago
bush was doing the same think hes the one who got us into this mess in the first place
asus3571 2 years ago
If Spongebob and Patrick were in charge of AIG they couldnt lose 60 billion
OpenMind00 2 years ago 4
Now that's the funniest damn thing I have heard all day!!
InvestigatEverything 2 years ago