C SPAN "Black Republican Forum" Session 2 (begin at 11:30) Allen West stated part of Amnesty of 1986 was to secure our borders and enforcement our laws, but haven't happened. (We're still talking about new amnesty like DREAM Act.) We can't allow local cities to make sanctuary cities policies, because they will bring our inner city turf wars to epic proportions by bringing in the drug cartel and Columbian gangs. (Mexican Gangs don't recognize US borders established Treaty of Guadalupe)
In November 2010, the unemployment rate was 9.8% with 15.1 million unemployed. (15.1 million/9.8%) = 154 million are able to work in the workforce. 11,941,812 (or 11.9 million) skilled jobs provided to illegal immigrants. GOOGLE “illegal immigration counters”, the 15.1 million unemployed could take the 11.9 million available jobs. The unemployment rate could be reduced to 2.1% {{15.1-11.9)/154}
bottom line folks ask the goverment why they built bunker under airports the size of 3 cities. They know we are going to crash and and shit is going to hit the fan. Wake up people
Obama promised more jobs. Since he took office, more people are losing their jobs especially in the civil service sector. WTF! That used to be the type of job you couldn't get laid off from. Now the big wigs in cities and towns are cutting those jobs. Less people employed has a trickle down affect on the economy. Less people spending at gas stations and grocery stores. Less people eating out, less people paying property taxes, more foreclosed homes. Obama=bullshit
makes you appreciate the freedom we have here because in other counties did you know that with a moderate knowledge of chemistry and electrons some people apply that to disrupting events of groups they don't like?!
I sure hope that type of thing never happens here!
Great news I found out during my weekend spent in the local group I belong to it that many many over seas sources who love our country and its having stood as a beacon of freedom for so long, are ready in the wings to help us out in what one could call "state of emergency".
That was great to learn and gives you a warm feeling knowing even other countries are there to back you up "if" it is ever needed.
No we dont need a 3rd party. that is the liberals hope to split the repub numbers to smash the shit out of the liberals in the voting booths this coming year.
Every just vote repub to off set an wash awy the liberla grime off the congress and senate.
@phoenixbornagain Dip shit! Dump the conservatives! Those are the guys betraying us. Their bullshit free market capitalists are the one that sold us out. The liberal left is your only hope. If your interested in survival turn left !
Did you know when kids want to "reach the star at the top of the Christmas tree" they don't climb all the way to the top. All they have to do to "bring it down" is attack the tree at the base or lower level branches. Really when you think about it when "the star might seem out of reach" you can still reach it by removing all that is under it.
@phoenixbornagain Or they can call their brothers and sisters to help them reach that star. Come to think of it we can organize ourselves and govt to the same.
@phoenixbornagain Yes,we will drag the GOP In the trash where it belongs. The third party ticket should be Palin&Beck, or Palin& Rick Perry. Those traitor GOP hacks in congress have become fat lazy and corrupt. Through em out.
Gotta love them "Progressives"... both Democrat and Republican "Progressives. Bush was just an Obama lite. We need a 3rd party and get rid of the progressives.
Now that over $12 trillion have been pledged towards our financial crisis, more people than ever are concerned about where their money is going, and if it's accomplishing anything. We must know what is happening with our money, and the Federal Reserve must come clean with the American people.
Please support ron Paul and the The Federal Reserve Transparency Act of 2009
I will tell you what, they (gov) do this because we don't stick together, They will keep doing it to us for as long as they can. LOOK at how you live and look at them and tell me who pays them? to do this to us, its like they rob us and we say THANKS thanks So Soooo much. we need to stop this A S A P
John wouldnt have done any better,Bush proves tax cuts dont work.Tax cuts for the wealthy and deregulation created a fragile bubble that burst,It happened before the great depression and its happening again and reagan started it.
This isn't all Bush's fault. Even though there was a panic related to over the counter derivatives as far back as 1998, and the Clinton admin and congress failed to act. If you want to pass blame, look towards Greenspan, Timothy Geithner, Larry Summers, and Robert Rubin. All these men went in front of congress after the 98 panic and told them there was no need for regulation. If you're going to pass the buck, atleast aim in the right direction.
bush and Greenspan were warned in 2003 about the impending crisis. THEY DID NOTHING! Greenspan was on C-Span and at least he had the balls to admit it. We have just experienced 8 years of the "Trickle Down Affect" and no or little regulation experiment. And look where we are. The people that are bitching about the unemployement rate are the same ones that say that the "free market" will correct everything and that the government shouldn't get involved. Hypocracy at its finest!
First of all it's spelled Hyporisy not Hypocracy. There was a near meltdown in 1998 of OCD, you know during the Clinton years. And, stilll nothing was done. The same people who went before congress saying not to get regulation happy over OCD, are the same people in the Obama Admin now, that helped cause the problem in the first place. Do some research, before you get on youtube and make yourself look stupid.
Tomato/Tamato, who cares? Clinton had a Republican Congress. OCD and all the other products were born of pure greed, plain and simple. Now President Obama and Frank are pushing for regulation on these products and are getting a lot of heat for it from the Republicans in committee. Again, in 2003, well before anyone really knew that shit was going to hit the fan, Greenspan said out loud that the free market would correct this. The GOP "no reg" policies ALWAYS fail. Greed with ALWAYS win!
once again you have no clue what you're talking about. In sep Bush administration recommend moving governmental supervision of Fannie Mae and Freddie Mac under a new agency created within the Department of the Treasury. The changes are blocked by Congress,Fannie Mae and Freddie Mac combined purchases of incorrectly rated AAA subprime mortgage-backed securities rise from $38 billion to $90 billion per year. Guess who led the chare to block regulation, Barney frank. You fail.
Fannie and Freddie were part of it, but they didn't cause it. For sure.
Sure, show me the video! What year are you talking about? Cause the dispite popular belief, the Democrats took control in 2008, not 2006. There were 49 Dems, 49 Reps, and 2 Independents in 2006. Hardly a Dem controlled Congress. In the last 2 years of the lame duck bush administration, Congress was also lame ducking!
@phillipmarch22 No recovery can start while a clueless Obama remains in office. Incompetent Obama is beyond his depths and needs to be removed from office as quickly as possible.
Politicians are ALL about bandaids & 'looking good right now', because they always knew, somewhere around the corner, there was some sort of salvation.
Not this time. This time, we've 'screwed the pooch', so to speak, and we're about to get bitten rather badly on the ass.
But politicians are fine. They saw this mess, have foreign bank accounts, etc.
Oh. My father left me with one that means even more today:
If the government was in charge of announcing weekend sports results they would have announced that the Cardinals won the Super Bowl and then revised it a month later saying that the Steelers actually won. No big deal right? YEA RIGHT! We are willing participants in the the biggest con job to take place in world economic history. The government is broke, the markets are rigged, the senate and congress are bought and paid and the President is a liar. Its only a matter of months now.
If I see one more F#*king goverment economic number revised downward after the fact I am going to scream. They announce positive green shoot results and make a big deal out of them in the MSM only later to change the results dowmward and make no mention in the news that the results were actually bad. Monthly and quarterly government results such as GDP, unemployment, foreclosures are all complete BS as they revise them later when no one is paying attention. We are being duped every day.
I was coming out of a Peter Schiff vid titled "Draconian Taxes Coming" and read something about Obama in the related vid column, but now I cannot find it. sorry again
My Sister just lost her job with the Post Office as did hundreds of other postal workers. Most of these jobs were permanent employees. There are no plans of re-hiring these people. Most of the college educated people I know are layed off or semi-employed. They are worried because their extended benefits are about to end. What do you think the government will do or the individual states will do when these benifits end?
and this "recovery" really is a jobless recovery. Unlike in 2003-2005 when millions of jobs were created, but the liberal media would not report it. Now millions of jobs are being lost, but the media won't admit how bad the "recovery" really is.
As unemployment benefits expire, credit card defaults will increase as well as foreclosures, less money in the retail sector more layoffs, more part-timers, its a spiral into the abyss.
This comment has received too many negative votesshow
you're a stupid white dude. Obama fails at correcting or realigning the enormous bullshit storm that previous presidents and their bands of collusionists have compounded???? Obama's been up in there how long...??? not even a year. He'd be lucky to fulfillhis ambitions inside of his entire term. I don't know how many white dudes that have completely discarded their thinking caps when it comes Obama. it wreaks of racism, white dude.
american stupidity and absurdity pushes one to the edge. inject cloak and dagger racism and there you have it..an implosion that soon shows outwardly from so many holding their tongues.
oh no, we're on the same page. i was seriously beginning to scratching my head after awhile. it became clear as I read through the responses that matched my stance. so....
You go to Wall Street, the people feel the crisis never happened, Zhu said in a Bloomberg Television interview today in Dalian, China. Its not only over-confidence, its over- myopic. This is too much.
the anemic recovery in the U.S., characterized by weak consumer demand, will make the economy more vulnerable to shocks -- anything from storms to strikes -- that could drag down global economic growth next year.
You need a growth cushion in a post-recessionary economy to avoid a relapse, Roach said. The call for a relapse globally is really a call on the U.S. economy, which has been the engine on the demand side. Id put the relapse odds one in four, maybe as high as one in three.
Soon his accomplices in the Congress will be sent home packing (next year) and we'll have some more responsible legislators to hold Obama accountable.
yeah I'm mental. I'm second guessing everything that comes across with a queer eye. thing is if i'm proven that i'm incorrect i'm ok with it, but until then i'm sittin' on pins and needles because that's what i'm driven to.
@dentistsugardusty Well, i used to be a democrat, and i voted for obama. keep in mind that i am hispanic. the truth is that obama is no different from any other president. the stimulus package that he passed is coming out of our pockets with interest. the cash for clunkers program, the 8,000 credit program, obamacare, is all coming out of our pocket, money that we don't have. it is not about racism, it is about an evil government that is destroying our economy and selling out to big banks.
hey i'm really sorry and being this was 11 months back, i'm not even sure if this was directed at you. listening to your vid pegged me with this uncertainty and i can conclude that i'm certain it wasn't you.
I am surprised americans in generall havent demonstrated more, voice to the fact that your governement has taken so much money from the taxpayers and given it to the allready so rich bankers, and other top elite.
i hope you all get it under controll over there, and let them know how you actually feel.
why did you pick SLW and SVM? Both have obvious flaws as an investment. SLW is so deeply in debt that all of its cash flow (and more) goes to debt payments. SVM has falling earnings, falling revenues, and negative operating margins, and its net income to common stock is negative. Companies with negative cash flow and negative margins look like 1999 dot-com stocks.
I never signed up for unemployment benefits, because making a small percentage of what I'm worth is just not worth it to me. Besides that, I think it all depends on when a person is laid off. Under Bush's administration, our citizens never received extension benefits.
Great video Daniel!! You have built quite the reputation here on youtube. I know that you are a REAL Christian, from what I've witnessed in previous videos... how do you think the destruction of our culture (morally and economically) relates Biblically? I think there's probably a lot of end time implications, BUT at the very least God is doing to us what he did to Israel in the Bible so many times (when they rejected him and sought false Gods)... do you thinks there's any connection??
Speaking with Marketwatchs Rex Nutting, I learned yet another incredible datapoint: Over the past decade, the U.S. private-sector has lost 203,000 jobs.
Thats right: Zero job growth for 10 years.
In the 1940s, we created 10 million jobs. In the 1990s, we added 19 million new jobs. Even during the much-maligned 1970s, we added almost 16 million jobs.
Geithner Asks Congress to Increase Federal Debt Limit
"It is critically important that Congress act before the limit is reached so that citizens and investors here and around the world can remain confident that the United States will always meet its obligations," Mr. Geithner said in a letter to lawmakers.
Currently, the National Debt is 11.8 Trillion dollars.
I have an uncanny unfailing omen that happens whenever the markets shoot up; my left eye twitches and all weekend it has twitched, get ready for a big surge in the Dow this week.
If American's understood the level of corruption, deceit, and theft that has been occurring, I am certain that we'd have a revolution in this country.
UN Says New Currency Is Needed to Fix Broken Confidence Game
The dollars role in international trade should be reduced by establishing a new currency to protect emerging markets from the confidence game of financial speculation, the United Nations said.
bloomberg. co m/apps/news?pid=20601087&sid=aSp9VoPeHquI
Greenspan: Need To Cut Fed Balancesheet To Prevent Inflation
The U.S. economy may witness double-digit inflation in a few years if the FedReserve doesn't unwind its monetary expansion going ahead, former Chairman Alan Greenspan said Monday.
"Unless we roll in this whole degree of expansion, we will be in trouble. I am not talking 3%-5% inflation, I am talking double-digit inflation in the U.S.," Greenspan told a conference in Mumbai via video conference.
U.S. banks should hold higher amounts of capital than is currently the case, Alan Greenspan, the former chairman of the Federal Reserve, said Monday, according to Reuters. "I think even in non-euphoria, non-crisis times, we need to have a larger buffer than we currently have," he said via satellite in a speech to a conference in Mumbai, India.
BEND OVER AMERICA, The banking CARTEL needs MORE CASH!
Why should they use a birth/death model instead of the actual data. If a business is created than people that were previously unemployed will get work and no more benefits. It's like every piece of data from the US gov't is cooked or skewered in some way.
How long will the deflation last before inflation takes over? Some say since there was a massive destruction of credit the amount of money printing will not cause inflation. Also reports of decrease in imports for US means less $s in the international market for their transactions so causing increase demand for the $ and the $ will get stronger. What do you thing about these statements? Help us understand infl/deflation both have good points. Thank you.
@simontimon2 by doing that, you are several steps ahead of the average stock broker. just stay debt free and keep investing your money in commodities. if you do that you will not taste poverty.
VisionVictory, you forgot to mention dividends when talking about the S&P... that is supposed to be the real reason to invest. If you buy stock without thinking about dividends you're speculating it will go up... if you remember dividends then you're investing. A lot of people completely forget the entire reason to buy stocks is for the dividend.
I don't get this whole " buy gold to reserve your wealth " thing. In what way are you going to preserve your wealth with gold and silver? Like bartering it for other stuff? It will run out sometime...
Lets say a paper currency loses 90% of its value to inflation. Because your paper is now worth only 1/10 what it was, it's like you just paid a hidden tax of 90% of your wealth to the central bank. Remember, money the central bank prints leeches its value from the rest of the money in circulation. It's a type of theft.
If you swap your paper for gold, you avoid that "inflation tax" and keep your wealth. How you spend it is up to you.
@wel999999999 our constituion states that gold and silver is our real money, not paper dollars, by creating a fiat currency not based on gold or silver and printing up endless amount of money, they destroyed the value of the dollar. gold and silver are in low supply are the real form of money, therefore their value is going to the roof, it is just a matter of time before the price explodes.
I noticed some signs in the area talking about supporting firestations which are about to close here in Southern, Ca.
Well ... it's way past due for many of these non-working, tax-payer supported loafers to get hit hard as well.
I'd like to see more signs for supporting private industry workers who have already lost so much over the past 2-years, while their hard-earned money went towards bailing out crooks in wallstreet.
Good vid (only economics). Only critiq is the title with "Obama Recovery...". This economy "repair" method is a carryover from Bush's administration so you should say "Gov't Recovery" instead as it makes you look unfairly biased which could taint your objective economic views with Dems and other people who like Obama. Kudos on the PM investments as your call is really starting to pay off. Are you reducing your China investments with a double dip looming as a big possibility?
Government announces new "Cash For Clinkers" program
Starting on Sept. 8 the government will pay each person $200 per load of crap, as collected through personal and public toilets. The harvested crap will in turn be transformed into lies, manipulation, and deceit and will be shoveled back out to the public, and Congress, to keep recovery hopes alive.
Fast food stores such as McDonalds and Taco Bell stand to gain the most from this bold, ambitious new program.
These banks were not "bailed" out they were bought out forcefully against their will with lies, intimidation, smears and bullshit, this was a staged hostile takeover UNCONSTITUTIONALLY of business, Welss Fargo and many small bansk were screaming against this garbage.
Sell the house! You sound like me three months ago...my house is up for sale now, and i'm very hopeful that I have found a buyer. In two years 48% or American home owners will be underwater...SELL!!!! You will wish you did if you dont!!
You mean to tell me Obama wasnt being truthful when he said we are on the economy is getting stronger. In fact it's doing so well he renominated Ben Brenanke to A second term.
Does this mean I wont find work anytime soon? I hear there is A job opening at the whitehouse, Van Jones resigned.
Does that 21.1% unemployment number from SS include high school and college students who can't find temp jobs because the jobs they would have had are going to recently laid off people who have families? Does it include recent college grads who tried to get a decent job for a year, couldn't find anything and eventually gave up and went to grad school? I'm not trying to be critical, I just don't have access to Shadow Stats formulas and I'm curious if they factor in young people(new workers).
Satwaman, egads, it seems as though you have been to the Amerikan edukation system, though. LOL In one case you talk about evolution. So which lowerlevel life form were you last week? Worked at MSNBC studios? Congress? What exactly are you 'going to take if from'? Absorb insolvent debt? H1N1? Our Intertoobs of the internet? Stupid Yanks? Really?? Well, pot->kettle comrade.
Job security, social safety net threatened by sluggish growth
The prime minister of France, the country perhaps most associated with the cherished "European model" of job security and social safety nets, warned Saturday that it may prove unsustainable because the region's economies are too stagnant.
I agree with you, they are playing with these numbers in order to keep the us from suffering the consequences of our leaders fiscal policies. It's exactly what the German propaganda minister Joseph Goebbels said about people. And that is if you tell a lie big enough and long enough pople will believe it, as long as they are protected from the consequences of the lie. If the govt. would let it all fail, people would want individuals to go to jail for a long time. It's self preservation.
Look at all the mutual fund programs, according to them 10 years and you will make money. Plus, I went back way before the dot-com bubble, I went back all the way to 1985, just to break even.
China tells it's people to save Gold and Silver. Our US Government tells us to spend and borrow. Our dollar goes down in value and we are told inflation is not a problem. Free credit and inflated dollar, will not help us! We need to produce and export! We need to save for the future!
My barber; a perennially dour, implacable, ogress of a Woman has successfully portended this economic calamity years before, her prognostication of future economic conditions is dire and maintains Obama and his sycophantic denomination of diabolists are deleterious to this once great nation.
Right, George Bush put us into a deep recession. If things got better you would say Bush policy fixed it. Bush policy caused it.
Republicans claim Bush Spending is now Obama spending.
They are out of touch and will unlikely get much milage in 2010, I doubt Americans have that bad of a memory. The government is mitigating the crash and things would be much worse without action. The early 1900's crash, the Depression, and now are all examples of what happens without regulation of business.
You have to be kidding right? No one president can cause a recession. I hope you know congress signs those checks Bush was writing. Last I checked the dems had control of congress Bush's last two years. I think N.Pelosi said before she was elected she would put an end to the wreckless spending, Oh yeah, thats right. She's bought off like the rest of them. Don't be fooled into thinking one side is better than the other, they are two wings of the same bird. Dems and repubs are corrupt to the core.
Take your partisan chest beating somewhere else. Both Republican and Democrat parties have been corrupt for quite a long time.
To take either side means that YOU are part of the problem.
More and more liberties get taken away with EVERY administration. Quit playing that damned blame game, because NO PARTY has undone the Executive Orders or unconstitutional laws of previous administrations.
Lets see, congress forces fannie and freddie to loan money to poor people. The fed sets interest rates, and FHA buys up the sub-prime market creating a false demand. Yep, sounds like the free market screwed us. LOL
I don't understand... would'nt the gov. take the publics gold by making it illeagle to have in the case of collapse? They did that before did'nt they?
FHA adopts Countrywide model, but it still doesn't work
Commentary: Who knew lax lending could lead to big losses?
The government seems to have taken over Countrywide's business model, and it's not working out much better the second time around.
The FHA may be next in line for a government bailout because it's losing a lot of money on bad mortgages, according to a report in the Wall Street Journal.
w w w. marketwatch. c o m/story/fha-adopts-countrywide-model-with-same-result-2009-09-04
When the agency that insures traditional pension plans is running a $33.5 billion deficit -- the largest in its 35-year history -- should you be worried? If you're a worker or retiree counting on a traditional pension, the answer is probably not. But if you're a taxpayer, start worrying.
w w w . marketwatch. c om/story/pension-crisis-likely-to-hit-taxpayers-eventually-2009-09-03
Fed Considered Extending End-Date for MBS Purchases
Federal Reserve officials in their August meeting discussed extending the end-date for purchases of mortgage bonds to minimize any market disruptions, and expressed concern about the pace of a likely economic recovery.
w w w. bloomberg . c o m/apps/news?pid=20601087&sid=a8Ybo8muDMew
Nice Video, don't worry about being the bearer of bad news when it is the truth! Actually, since I am one of the unemployed, the unemployment bad news made me feel not so all alone - lol!
I continue to accumulate gold and especially silver on a monthly basis. I no longer contribute to my 401K plan since my company decided to cut its match. Ill be transferring that money to Vanguard and buy the metals fund. My house which I paid so much for is my only issue and the biggest obviously. Ive been fixing it to sell, but my gut tells me to stay put since our community is tight knit and i have lots of land to plant. However, I can save over 1k a month if I rent. Undecided.
According to that logic, Obama has saved the Economy. I've finally found some good news ! I guess I should buy a house , car and max out my credit cards ! The Gold went up because of all it's added technology ! Great stuff Vision.
I highly doubt the S&P will ever go below the March lows. If it goes down to about 800, you can guarentee another stimulus bill being passed. If the stimulus fails and the S&P goes below that to 700, you can guarentee even a stronger stimulus bill being passed. They will stimualte it as much as they can at all costs until the dollar can't take it anymore. We still have a few years before it all goes to hell in my opinion.
SAN FRANCISCO (MarketWatch) -- The Chinese government has agreed to purchase up to $50 billion worth of International Monetary Fund bonds, the first such notes in the fund's history, the IMF said Wednesday. Other countries reportedly interested in purchasing the IMF bonds include Russia and India. The bonds would be denominated in Special Drawing Rights, a unit based on a basket of member-state's currencies and used by the IMF for accounting. "
IMF is a direct sibling of the Fed. they are all one in the same, holding the power of currency values. Only the elite (member states) have special drawing rights. It is a pervese scheme where things are decided secretly to "save the world" (to tighten the noose around our necks a little more). Maybe the Dollar will still have life afterall. They all lie. The world will surely turn but the problems will surround us and things will get progressively worse. Get ready for more hype.
Vision, Looking at the chart it looks like When the p/e is low the economy is doing well ie 04-06, and the spikes in p/e usually occur around the times of market crash/corrections 1987,1998,2001 and currently. What is your take on that? Response please. Thank you.
I talk to people all the time about our current situation and they always tell me "but the media says we are doing great".I try and tell them that our media is no longer "our"media.They are being controlled by the elite that caused our current problems.People just won't look at reality,they want to stay in their "fantasy world"and think everything is peachy keen.
Hi, I am reviewing some of your older videos.
CuteCatFaith 1 month ago
C SPAN "Black Republican Forum" Session 2 (begin at 11:30) Allen West stated part of Amnesty of 1986 was to secure our borders and enforcement our laws, but haven't happened. (We're still talking about new amnesty like DREAM Act.) We can't allow local cities to make sanctuary cities policies, because they will bring our inner city turf wars to epic proportions by bringing in the drug cartel and Columbian gangs. (Mexican Gangs don't recognize US borders established Treaty of Guadalupe)
Gracelandification 11 months ago
In November 2010, the unemployment rate was 9.8% with 15.1 million unemployed. (15.1 million/9.8%) = 154 million are able to work in the workforce. 11,941,812 (or 11.9 million) skilled jobs provided to illegal immigrants. GOOGLE “illegal immigration counters”, the 15.1 million unemployed could take the 11.9 million available jobs. The unemployment rate could be reduced to 2.1% {{15.1-11.9)/154}
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Allen West 2012
Gracelandification 11 months ago
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There is a high probability to date a single mom here naneedj.info
tilanesaram 1 year ago
People need to quit electing the party of no!
carnypimp 1 year ago
search the venus project
tunnis7us 1 year ago
bottom line folks ask the goverment why they built bunker under airports the size of 3 cities. They know we are going to crash and and shit is going to hit the fan. Wake up people
freshair74 1 year ago
The gov has turned into a racket in which it's only relationship with the public is a farse. The gov 'cooks the books' just like the banks.
donotfret 1 year ago
Obama promised more jobs. Since he took office, more people are losing their jobs especially in the civil service sector. WTF! That used to be the type of job you couldn't get laid off from. Now the big wigs in cities and towns are cutting those jobs. Less people employed has a trickle down affect on the economy. Less people spending at gas stations and grocery stores. Less people eating out, less people paying property taxes, more foreclosed homes. Obama=bullshit
Xsighting101 1 year ago
makes you appreciate the freedom we have here because in other counties did you know that with a moderate knowledge of chemistry and electrons some people apply that to disrupting events of groups they don't like?!
I sure hope that type of thing never happens here!
phoenixbornagain 2 years ago
Great news I found out during my weekend spent in the local group I belong to it that many many over seas sources who love our country and its having stood as a beacon of freedom for so long, are ready in the wings to help us out in what one could call "state of emergency".
That was great to learn and gives you a warm feeling knowing even other countries are there to back you up "if" it is ever needed.
phoenixbornagain 2 years ago
LOL
phoenixbornagain 2 years ago
But its not like I am quoting Mao or anything ^_*
phoenixbornagain 2 years ago
No we dont need a 3rd party. that is the liberals hope to split the repub numbers to smash the shit out of the liberals in the voting booths this coming year.
Every just vote repub to off set an wash awy the liberla grime off the congress and senate.
make 2010 the 2nd 1776
phoenixbornagain 2 years ago
@phoenixbornagain Dip shit! Dump the conservatives! Those are the guys betraying us. Their bullshit free market capitalists are the one that sold us out. The liberal left is your only hope. If your interested in survival turn left !
foxnewsdupe 2 years ago
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Did you know when kids want to "reach the star at the top of the Christmas tree" they don't climb all the way to the top. All they have to do to "bring it down" is attack the tree at the base or lower level branches. Really when you think about it when "the star might seem out of reach" you can still reach it by removing all that is under it.
Tht is true of governments also they say
phoenixbornagain 2 years ago
@phoenixbornagain Or they can call their brothers and sisters to help them reach that star. Come to think of it we can organize ourselves and govt to the same.
foxnewsdupe 2 years ago
They need to pull the star nd entire tree into the trash. Which is where it is going to
phoenixbornagain 2 years ago
@phoenixbornagain Yes,we will drag the GOP In the trash where it belongs. The third party ticket should be Palin&Beck, or Palin& Rick Perry. Those traitor GOP hacks in congress have become fat lazy and corrupt. Through em out.
foxnewsdupe 2 years ago
Gotta love them "Progressives"... both Democrat and Republican "Progressives. Bush was just an Obama lite. We need a 3rd party and get rid of the progressives.
eric6161 2 years ago
For many times are tough right now. If you need to make some money now here's how you can do it every time...
GuaranteedWayToMakeMoney [dot] com
BrittPhillips 2 years ago
Sep 2003*
Logical602 2 years ago
The Bush Boom roars on.
Just last year the Republicans were all crowing about the success of Trickle Down Reaganomics.
AtlasShruggery 2 years ago
Now that over $12 trillion have been pledged towards our financial crisis, more people than ever are concerned about where their money is going, and if it's accomplishing anything. We must know what is happening with our money, and the Federal Reserve must come clean with the American people.
Please support ron Paul and the The Federal Reserve Transparency Act of 2009
blldgs101 2 years ago
the best job security is to be self employed.You can't fire yourself,unless you're schizophrenic.
rw5791 2 years ago
SOYLENT GREEN IS PEOPLE....
I guess we need to have old people who live in Florida, Texas and South Carolina to be sent in boats with holes in it.
Why?
Reduce the surplus population.
I think it would be a good thing.
The DEATH MODEL would be a good thing to get rid of these bottoms feeders who payed little into the system but, take the most.
JR08620 2 years ago
I will tell you what, they (gov) do this because we don't stick together, They will keep doing it to us for as long as they can. LOOK at how you live and look at them and tell me who pays them? to do this to us, its like they rob us and we say THANKS thanks So Soooo much. we need to stop this A S A P
dbi1036 2 years ago
Obama is a jackass.
AcePilot101 2 years ago
It would be cheaper to pay each unemployed 25K per year tax free until jobs eventually come back.Compared to prison thats a two for one deal.
MrTabby5000 2 years ago
15 million more drug dealers,bank robbers and maybe some murderers.Obama had better fix it,or hes a one termer like jimmy carter.
MrTabby5000 2 years ago
I forgot,and the governmnent will alway find money to lock these people up paying 30k a year instead of preventing it in the first place.
MrTabby5000 2 years ago
Just wait until the unemployment benefits run out for the unemployed.
MrTabby5000 2 years ago
9.8% unemployment rate right now. Real unemployment rate is around 17%. I didnt vote for Obama.
JawsJaws 2 years ago
John wouldnt have done any better,Bush proves tax cuts dont work.Tax cuts for the wealthy and deregulation created a fragile bubble that burst,It happened before the great depression and its happening again and reagan started it.
MrTabby5000 2 years ago
This isn't all Bush's fault. Even though there was a panic related to over the counter derivatives as far back as 1998, and the Clinton admin and congress failed to act. If you want to pass blame, look towards Greenspan, Timothy Geithner, Larry Summers, and Robert Rubin. All these men went in front of congress after the 98 panic and told them there was no need for regulation. If you're going to pass the buck, atleast aim in the right direction.
Logical602 2 years ago
bush and Greenspan were warned in 2003 about the impending crisis. THEY DID NOTHING! Greenspan was on C-Span and at least he had the balls to admit it. We have just experienced 8 years of the "Trickle Down Affect" and no or little regulation experiment. And look where we are. The people that are bitching about the unemployement rate are the same ones that say that the "free market" will correct everything and that the government shouldn't get involved. Hypocracy at its finest!
phillipmarch22 2 years ago
First of all it's spelled Hyporisy not Hypocracy. There was a near meltdown in 1998 of OCD, you know during the Clinton years. And, stilll nothing was done. The same people who went before congress saying not to get regulation happy over OCD, are the same people in the Obama Admin now, that helped cause the problem in the first place. Do some research, before you get on youtube and make yourself look stupid.
Logical602 2 years ago
Tomato/Tamato, who cares? Clinton had a Republican Congress. OCD and all the other products were born of pure greed, plain and simple. Now President Obama and Frank are pushing for regulation on these products and are getting a lot of heat for it from the Republicans in committee. Again, in 2003, well before anyone really knew that shit was going to hit the fan, Greenspan said out loud that the free market would correct this. The GOP "no reg" policies ALWAYS fail. Greed with ALWAYS win!
phillipmarch22 2 years ago
once again you have no clue what you're talking about. In sep Bush administration recommend moving governmental supervision of Fannie Mae and Freddie Mac under a new agency created within the Department of the Treasury. The changes are blocked by Congress,Fannie Mae and Freddie Mac combined purchases of incorrectly rated AAA subprime mortgage-backed securities rise from $38 billion to $90 billion per year. Guess who led the chare to block regulation, Barney frank. You fail.
Logical602 2 years ago
Fannie and Freddie were part of it, but they didn't cause it. For sure.
Sure, show me the video! What year are you talking about? Cause the dispite popular belief, the Democrats took control in 2008, not 2006. There were 49 Dems, 49 Reps, and 2 Independents in 2006. Hardly a Dem controlled Congress. In the last 2 years of the lame duck bush administration, Congress was also lame ducking!
phillipmarch22 2 years ago
Do you want me to find the video of Barney Frank and Dems talking about there beingno need for regulation? It's on youtube.
Logical602 2 years ago
@phillipmarch22 No recovery can start while a clueless Obama remains in office. Incompetent Obama is beyond his depths and needs to be removed from office as quickly as possible.
RadarGuidedVermin 2 months ago
Yea..I think we're pretty close to a meltdown.
Politicians are ALL about bandaids & 'looking good right now', because they always knew, somewhere around the corner, there was some sort of salvation.
Not this time. This time, we've 'screwed the pooch', so to speak, and we're about to get bitten rather badly on the ass.
But politicians are fine. They saw this mess, have foreign bank accounts, etc.
Oh. My father left me with one that means even more today:
"Figures don't lie...liars figure".
gemriderz 2 years ago
SP down by 50% in the next 6 month.... what kind of drugs you on mate? you do not understand markets!!!
nalang19 2 years ago
This comment has received too many negative votes show
WHAT A FAG!
co0t3r2 2 years ago
If the government was in charge of announcing weekend sports results they would have announced that the Cardinals won the Super Bowl and then revised it a month later saying that the Steelers actually won. No big deal right? YEA RIGHT! We are willing participants in the the biggest con job to take place in world economic history. The government is broke, the markets are rigged, the senate and congress are bought and paid and the President is a liar. Its only a matter of months now.
taineasy 2 years ago 3
If I see one more F#*king goverment economic number revised downward after the fact I am going to scream. They announce positive green shoot results and make a big deal out of them in the MSM only later to change the results dowmward and make no mention in the news that the results were actually bad. Monthly and quarterly government results such as GDP, unemployment, foreclosures are all complete BS as they revise them later when no one is paying attention. We are being duped every day.
taineasy 2 years ago
Please tell me how Washington can calculate how many jobs they saved?
HammeringOracle 2 years ago
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mikesgifting 2 years ago
No wonder we're at odds. I've been responding to the wrong vid. I'm really sorry. it's a wonder we couldn't detect this earlier.
dentistsugardusty 2 years ago
I was coming out of a Peter Schiff vid titled "Draconian Taxes Coming" and read something about Obama in the related vid column, but now I cannot find it. sorry again
dentistsugardusty 2 years ago
My Sister just lost her job with the Post Office as did hundreds of other postal workers. Most of these jobs were permanent employees. There are no plans of re-hiring these people. Most of the college educated people I know are layed off or semi-employed. They are worried because their extended benefits are about to end. What do you think the government will do or the individual states will do when these benifits end?
gateofsunrise 2 years ago
The biggest percentage of unemployment here in Britain is in the 18 - 24 age group, and here to university graduates can't get any kind of job.
Puzzoozoo 2 years ago
I really don't have anything to say, so consider this cheer leading.
GO DAN! you tell em!
man, my economic professor is so dumb. a "jobless recovery" that's just stupid. how the hell do they call that a "recovery"?
the good news now a days is that the bad news isn't so bad! that's when you know were in trouble.
doorman360 2 years ago
and this "recovery" really is a jobless recovery. Unlike in 2003-2005 when millions of jobs were created, but the liberal media would not report it. Now millions of jobs are being lost, but the media won't admit how bad the "recovery" really is.
herbs814 2 years ago
YAY!
deadman12078 2 years ago
Good vid, thx for the links :-)
BTW: your shirt SUX its only symbolizes the Admiralties war flag and not the real intended US deal!
time to get out the US civil flag! That would be a real sign of an anti- Black-hole federal reserve statement!
LastReplaySC 2 years ago
As unemployment benefits expire, credit card defaults will increase as well as foreclosures, less money in the retail sector more layoffs, more part-timers, its a spiral into the abyss.
buzzz121 2 years ago
watever happened to $3000 gold though?
comtwah 2 years ago
Don't get your panties in a bunch it's coming.
lostinthemix 2 years ago
This comment has received too many negative votes show
you're a stupid white dude. Obama fails at correcting or realigning the enormous bullshit storm that previous presidents and their bands of collusionists have compounded???? Obama's been up in there how long...??? not even a year. He'd be lucky to fulfillhis ambitions inside of his entire term. I don't know how many white dudes that have completely discarded their thinking caps when it comes Obama. it wreaks of racism, white dude.
dentistsugardusty 2 years ago
I love you how you guys always have to rely on race to make an argument.
visionvictory 2 years ago 2
american stupidity and absurdity pushes one to the edge. inject cloak and dagger racism and there you have it..an implosion that soon shows outwardly from so many holding their tongues.
evidence is evidence.
dentistsugardusty 2 years ago
Don't worry dude, dentistsugardork is an idiot, and a racist himself for allowing race to cloud how he thinks.
slowlyawakening 2 years ago
..and you are one of many clouds, monster
dentistsugardusty 2 years ago
The truth hurts, doesn't it?
slowlyawakening 2 years ago
oh no, we're on the same page. i was seriously beginning to scratching my head after awhile. it became clear as I read through the responses that matched my stance. so....
dentistsugardusty 2 years ago
here's a piece:
You go to Wall Street, the people feel the crisis never happened, Zhu said in a Bloomberg Television interview today in Dalian, China. Its not only over-confidence, its over- myopic. This is too much.
Bank of China Ltd. Vice President Zhu Min
dentistsugardusty 2 years ago
the anemic recovery in the U.S., characterized by weak consumer demand, will make the economy more vulnerable to shocks -- anything from storms to strikes -- that could drag down global economic growth next year.
You need a growth cushion in a post-recessionary economy to avoid a relapse, Roach said. The call for a relapse globally is really a call on the U.S. economy, which has been the engine on the demand side. Id put the relapse odds one in four, maybe as high as one in three.
dentistsugardusty 2 years ago
Obama has done far too much damage already.
Soon his accomplices in the Congress will be sent home packing (next year) and we'll have some more responsible legislators to hold Obama accountable.
herbs814 2 years ago
Are you mental? this has nothing to do with skin color, it was a colaboration of idiots, fools and PRIVATE BANKERS that caused this mess.
lostinthemix 2 years ago
yeah I'm mental. I'm second guessing everything that comes across with a queer eye. thing is if i'm proven that i'm incorrect i'm ok with it, but until then i'm sittin' on pins and needles because that's what i'm driven to.
dentistsugardusty 2 years ago
@dentistsugardusty Well, i used to be a democrat, and i voted for obama. keep in mind that i am hispanic. the truth is that obama is no different from any other president. the stimulus package that he passed is coming out of our pockets with interest. the cash for clunkers program, the 8,000 credit program, obamacare, is all coming out of our pocket, money that we don't have. it is not about racism, it is about an evil government that is destroying our economy and selling out to big banks.
maximusTLP 1 year ago
@dentistsugardusty
hey i'm really sorry and being this was 11 months back, i'm not even sure if this was directed at you. listening to your vid pegged me with this uncertainty and i can conclude that i'm certain it wasn't you.
dentistsugardusty 1 year ago
I am surprised americans in generall havent demonstrated more, voice to the fact that your governement has taken so much money from the taxpayers and given it to the allready so rich bankers, and other top elite.
i hope you all get it under controll over there, and let them know how you actually feel.
wowholypriest 2 years ago
THE CRIMEX I$ GONNA CRA$H!!!
GOLD blasted through $1004 last night. SILVER Almost $17.00
CHINA just declared economic war on big GS subsidiaries...
THE FED & THE US GOV'T... FED/Treasury "Notes" net Short?
Silver SkyRocket is Set to Launch faster than Chinese BottleRocket!!
LONG BEFORE NEW YEARS!!! (Watch SLW & SVM)
IAFairMail 2 years ago
why did you pick SLW and SVM? Both have obvious flaws as an investment. SLW is so deeply in debt that all of its cash flow (and more) goes to debt payments. SVM has falling earnings, falling revenues, and negative operating margins, and its net income to common stock is negative. Companies with negative cash flow and negative margins look like 1999 dot-com stocks.
Data from Yahoo Finance key statistics
herbs814 2 years ago
nice breakdown dude
tmac9938 2 years ago
I never signed up for unemployment benefits, because making a small percentage of what I'm worth is just not worth it to me. Besides that, I think it all depends on when a person is laid off. Under Bush's administration, our citizens never received extension benefits.
LeadersCare 2 years ago
Great video Daniel!! You have built quite the reputation here on youtube. I know that you are a REAL Christian, from what I've witnessed in previous videos... how do you think the destruction of our culture (morally and economically) relates Biblically? I think there's probably a lot of end time implications, BUT at the very least God is doing to us what he did to Israel in the Bible so many times (when they rejected him and sought false Gods)... do you thinks there's any connection??
dmize777 2 years ago
Total 10 Year Job Gains: Negative 203k
Speaking with Marketwatchs Rex Nutting, I learned yet another incredible datapoint: Over the past decade, the U.S. private-sector has lost 203,000 jobs.
Thats right: Zero job growth for 10 years.
In the 1940s, we created 10 million jobs. In the 1990s, we added 19 million new jobs. Even during the much-maligned 1970s, we added almost 16 million jobs.
The 2000s might be zero. Some economy, huh?
coultrane 2 years ago
You condemned yourself to failure with such predictions.
The 2000s are over in less than two years. How do you want them to be years of zero job creation? Cant be.
You should try the 2010s to preserve the odds.
TheCZMan 2 years ago
Let's not forget the August 8th headline:
Geithner Asks Congress to Increase Federal Debt Limit
"It is critically important that Congress act before the limit is reached so that citizens and investors here and around the world can remain confident that the United States will always meet its obligations," Mr. Geithner said in a letter to lawmakers.
Currently, the National Debt is 11.8 Trillion dollars.
Hmmm, 13 Trillion, 14 Trillion?
Watch out below!!!
coultrane 2 years ago
I have an uncanny unfailing omen that happens whenever the markets shoot up; my left eye twitches and all weekend it has twitched, get ready for a big surge in the Dow this week.
GanjaZombi2 2 years ago
I think unemployed benefit will be extended indefinitely.
moniequa 2 years ago
If American's understood the level of corruption, deceit, and theft that has been occurring, I am certain that we'd have a revolution in this country.
coultrane 2 years ago 2
UN Says New Currency Is Needed to Fix Broken Confidence Game
The dollars role in international trade should be reduced by establishing a new currency to protect emerging markets from the confidence game of financial speculation, the United Nations said.
bloomberg. co m/apps/news?pid=20601087&sid=aSp9VoPeHquI
coultrane 2 years ago
Greenspan: Need To Cut Fed Balancesheet To Prevent Inflation
The U.S. economy may witness double-digit inflation in a few years if the FedReserve doesn't unwind its monetary expansion going ahead, former Chairman Alan Greenspan said Monday.
"Unless we roll in this whole degree of expansion, we will be in trouble. I am not talking 3%-5% inflation, I am talking double-digit inflation in the U.S.," Greenspan told a conference in Mumbai via video conference.
Federal reserve= FINANCIAL TERRORISTS
coultrane 2 years ago
Greenspan: U.S. banks need higher capital
U.S. banks should hold higher amounts of capital than is currently the case, Alan Greenspan, the former chairman of the Federal Reserve, said Monday, according to Reuters. "I think even in non-euphoria, non-crisis times, we need to have a larger buffer than we currently have," he said via satellite in a speech to a conference in Mumbai, India.
BEND OVER AMERICA, The banking CARTEL needs MORE CASH!
coultrane 2 years ago
Why should they use a birth/death model instead of the actual data. If a business is created than people that were previously unemployed will get work and no more benefits. It's like every piece of data from the US gov't is cooked or skewered in some way.
jamezbond78 2 years ago
V V Thanks for your time and effort.
How long will the deflation last before inflation takes over? Some say since there was a massive destruction of credit the amount of money printing will not cause inflation. Also reports of decrease in imports for US means less $s in the international market for their transactions so causing increase demand for the $ and the $ will get stronger. What do you thing about these statements? Help us understand infl/deflation both have good points. Thank you.
nsprphg 2 years ago
i'm 15 and i've turn all my saving into old canadian silver coin
simontimon2 2 years ago 4
@simontimon2 by doing that, you are several steps ahead of the average stock broker. just stay debt free and keep investing your money in commodities. if you do that you will not taste poverty.
maximusTLP 1 year ago
VisionVictory, you forgot to mention dividends when talking about the S&P... that is supposed to be the real reason to invest. If you buy stock without thinking about dividends you're speculating it will go up... if you remember dividends then you're investing. A lot of people completely forget the entire reason to buy stocks is for the dividend.
Jbreed2011 2 years ago
good point
visionvictory 2 years ago
I don't get this whole " buy gold to reserve your wealth " thing. In what way are you going to preserve your wealth with gold and silver? Like bartering it for other stuff? It will run out sometime...
wel999999999 2 years ago
Then buy LOTS of food, its a win win.
lostinthemix 2 years ago
Ok, I'll try to explain it.
Lets say a paper currency loses 90% of its value to inflation. Because your paper is now worth only 1/10 what it was, it's like you just paid a hidden tax of 90% of your wealth to the central bank. Remember, money the central bank prints leeches its value from the rest of the money in circulation. It's a type of theft.
If you swap your paper for gold, you avoid that "inflation tax" and keep your wealth. How you spend it is up to you.
TilveranNavarre 2 years ago
Its never been worth zero and has been used for real money for 5,000 years. We have seen 3,800 fiat currencies become worthless.
visionvictory 2 years ago
@wel999999999 our constituion states that gold and silver is our real money, not paper dollars, by creating a fiat currency not based on gold or silver and printing up endless amount of money, they destroyed the value of the dollar. gold and silver are in low supply are the real form of money, therefore their value is going to the roof, it is just a matter of time before the price explodes.
maximusTLP 1 year ago
I noticed some signs in the area talking about supporting firestations which are about to close here in Southern, Ca.
Well ... it's way past due for many of these non-working, tax-payer supported loafers to get hit hard as well.
I'd like to see more signs for supporting private industry workers who have already lost so much over the past 2-years, while their hard-earned money went towards bailing out crooks in wallstreet.
theroilsoil 2 years ago
Great work Vision Victory ... nice to hear someone telling the real truth.
There simply aren't enough people working to create a large enough tax-base for the remaining parasites to suck from ... end game folks.
theroilsoil 2 years ago
Good vid (only economics). Only critiq is the title with "Obama Recovery...". This economy "repair" method is a carryover from Bush's administration so you should say "Gov't Recovery" instead as it makes you look unfairly biased which could taint your objective economic views with Dems and other people who like Obama. Kudos on the PM investments as your call is really starting to pay off. Are you reducing your China investments with a double dip looming as a big possibility?
Teyec00n 2 years ago
yes, i let everyone know in a vid about 3 weeks ago that I would be selling half of my stocks and going into bonds.
visionvictory 2 years ago
I heard Peter Schiff say a more honest employment number is somewhere around 16%
VictoryCough 2 years ago
U-6 is 16.8%
SGS is 21.1%
visionvictory 2 years ago
It would be a worldwide catastrophe if US declares default on their Sovereign Debt.
alonelychild 2 years ago
B.H.O. = Bullshit Hyping Orator
Zile77 2 years ago
Government announces new "Cash For Clinkers" program
Starting on Sept. 8 the government will pay each person $200 per load of crap, as collected through personal and public toilets. The harvested crap will in turn be transformed into lies, manipulation, and deceit and will be shoveled back out to the public, and Congress, to keep recovery hopes alive.
Fast food stores such as McDonalds and Taco Bell stand to gain the most from this bold, ambitious new program.
Trazom24 2 years ago 4
Interesting thing I came across here. Watch: Glenn Beck: Cash For Clunkers is a government scam to gain access to your computer at:
watch?v=mqfuZ7hiap0
I know it is Fox News, and they are controlled by the Government, but there is an interesting plot there to be considered.
obalesque 2 years ago
These banks were not "bailed" out they were bought out forcefully against their will with lies, intimidation, smears and bullshit, this was a staged hostile takeover UNCONSTITUTIONALLY of business, Welss Fargo and many small bansk were screaming against this garbage.
deltapunk21 2 years ago
Holy shit youre stupid.
MrFortunati 2 years ago
... yep... only wells fargo was able to steal wachovia, and is no longer a small bank.
The first question I ask is always "Who benefits?"
Who reaps the rewards of all of this? The people? The Banks? The government?
The richest get richer, the rich get poor, and the poor die away.
Noktirnal 2 years ago
Thank you visionvictory !
Selbstorganisation 2 years ago
You do good work, visionvictory.
Mogtepyigsoloth 2 years ago 2
THX!
CCOTOPMEDIC 2 years ago
Sell the house! You sound like me three months ago...my house is up for sale now, and i'm very hopeful that I have found a buyer. In two years 48% or American home owners will be underwater...SELL!!!! You will wish you did if you dont!!
videolover61 2 years ago
Plus the Baby Boomers hit peak home buying in 2005, housing will be in a depression for a very long time.
visionvictory 2 years ago
You mean to tell me Obama wasnt being truthful when he said we are on the economy is getting stronger. In fact it's doing so well he renominated Ben Brenanke to A second term.
Does this mean I wont find work anytime soon? I hear there is A job opening at the whitehouse, Van Jones resigned.
Drumvain 2 years ago
HOT FOR WORDS.....NETWORK NEWS &
SOCIALIST TV
the stage following capitalism in the transition of a society to communism, characterized by the imperfect implementation of collectivist principles.
ABETRMAN 2 years ago
Does that 21.1% unemployment number from SS include high school and college students who can't find temp jobs because the jobs they would have had are going to recently laid off people who have families? Does it include recent college grads who tried to get a decent job for a year, couldn't find anything and eventually gave up and went to grad school? I'm not trying to be critical, I just don't have access to Shadow Stats formulas and I'm curious if they factor in young people(new workers).
bigbrownanimal 2 years ago
See everything is fine. I think I'll run out to the mall for a shopping spree!!!
Libertarianman88 2 years ago
Unemployment hits a 26-year high. We're in a recovery though!
doc7474 2 years ago
Best vid on youtube right now. WIsh you were on cable news. Thanks
BobBrinkerisanIdiot 2 years ago
Comment removed
SatwaMan 2 years ago
Well when it's over for us...it will be over for you too! So dont be so fiesty!
videolover61 2 years ago
jcwitness 2 years ago
French PM warns of lingering economic risks
Job security, social safety net threatened by sluggish growth
The prime minister of France, the country perhaps most associated with the cherished "European model" of job security and social safety nets, warned Saturday that it may prove unsustainable because the region's economies are too stagnant.
Ah and the Ponzi scheme falls.
coultrane 2 years ago
wow
BobBrinkerisanIdiot 2 years ago
Come on man, everyone knows its the 18th at 1pm. Not sure what month though ;) lol
visionvictory 2 years ago
whats 9/17?
visionvictory 2 years ago
2023, Echo BOOM!
visionvictory 2 years ago
I agree with you, they are playing with these numbers in order to keep the us from suffering the consequences of our leaders fiscal policies. It's exactly what the German propaganda minister Joseph Goebbels said about people. And that is if you tell a lie big enough and long enough pople will believe it, as long as they are protected from the consequences of the lie. If the govt. would let it all fail, people would want individuals to go to jail for a long time. It's self preservation.
BuckFutterd 2 years ago
It's a tad unfair to point out losses predicated on investing at the peak of the dot-com bubble, isn't it?
Ne0mega 2 years ago
No.
onemindonespirit 2 years ago
Look at all the mutual fund programs, according to them 10 years and you will make money. Plus, I went back way before the dot-com bubble, I went back all the way to 1985, just to break even.
visionvictory 2 years ago
******MUST SEE VIDEO******
How to brainwash a nation
watch?v=zeMZGGQ0ERk
coultrane 2 years ago
China tells it's people to save Gold and Silver. Our US Government tells us to spend and borrow. Our dollar goes down in value and we are told inflation is not a problem. Free credit and inflated dollar, will not help us! We need to produce and export! We need to save for the future!
The bubble can not be reinflated
Takeittogo1 2 years ago
My barber; a perennially dour, implacable, ogress of a Woman has successfully portended this economic calamity years before, her prognostication of future economic conditions is dire and maintains Obama and his sycophantic denomination of diabolists are deleterious to this once great nation.
GanjaZombi2 2 years ago
Right, George Bush put us into a deep recession. If things got better you would say Bush policy fixed it. Bush policy caused it.
Republicans claim Bush Spending is now Obama spending.
They are out of touch and will unlikely get much milage in 2010, I doubt Americans have that bad of a memory. The government is mitigating the crash and things would be much worse without action. The early 1900's crash, the Depression, and now are all examples of what happens without regulation of business.
zaurakdigis 2 years ago
You have to be kidding right? No one president can cause a recession. I hope you know congress signs those checks Bush was writing. Last I checked the dems had control of congress Bush's last two years. I think N.Pelosi said before she was elected she would put an end to the wreckless spending, Oh yeah, thats right. She's bought off like the rest of them. Don't be fooled into thinking one side is better than the other, they are two wings of the same bird. Dems and repubs are corrupt to the core.
fluttervalve 2 years ago
Take your partisan chest beating somewhere else. Both Republican and Democrat parties have been corrupt for quite a long time.
To take either side means that YOU are part of the problem.
More and more liberties get taken away with EVERY administration. Quit playing that damned blame game, because NO PARTY has undone the Executive Orders or unconstitutional laws of previous administrations.
No single person caused the problem.
jcwitness 2 years ago 5
Lets see, congress forces fannie and freddie to loan money to poor people. The fed sets interest rates, and FHA buys up the sub-prime market creating a false demand. Yep, sounds like the free market screwed us. LOL
visionvictory 2 years ago
I don't understand... would'nt the gov. take the publics gold by making it illeagle to have in the case of collapse? They did that before did'nt they?
2cthetruth 2 years ago
UR MIC IS BAD
get a new one !
they are not expensive
petermilko 2 years ago
Paper gold/silver to physical gold/silver ratio is now a STAGGERING 80/1.
The level of FRAUD in our financial markets is simply breathtaking!
ww w . cnbc. c om/id/32638139/site/14081545
coultrane 2 years ago
bearer of truth thanks bro. God Bles you and family
rlmccullough 2 years ago
Great vid, Daniel. Thanks.
coultrane 2 years ago
FHA adopts Countrywide model, but it still doesn't work
Commentary: Who knew lax lending could lead to big losses?
The government seems to have taken over Countrywide's business model, and it's not working out much better the second time around.
The FHA may be next in line for a government bailout because it's losing a lot of money on bad mortgages, according to a report in the Wall Street Journal.
w w w. marketwatch. c o m/story/fha-adopts-countrywide-model-with-same-result-2009-09-04
coultrane 2 years ago
thx for the link
visionvictory 2 years ago
Companies' pension problems could hit taxpayers
When the agency that insures traditional pension plans is running a $33.5 billion deficit -- the largest in its 35-year history -- should you be worried? If you're a worker or retiree counting on a traditional pension, the answer is probably not. But if you're a taxpayer, start worrying.
w w w . marketwatch. c om/story/pension-crisis-likely-to-hit-taxpayers-eventually-2009-09-03
coultrane 2 years ago
uh oh, looks like the people are about to find out about the retirement myth.
visionvictory 2 years ago
Fed Considered Extending End-Date for MBS Purchases
Federal Reserve officials in their August meeting discussed extending the end-date for purchases of mortgage bonds to minimize any market disruptions, and expressed concern about the pace of a likely economic recovery.
w w w. bloomberg . c o m/apps/news?pid=20601087&sid=a8Ybo8muDMew
coultrane 2 years ago
Nice Video, don't worry about being the bearer of bad news when it is the truth! Actually, since I am one of the unemployed, the unemployment bad news made me feel not so all alone - lol!
kpscully 2 years ago
It's going to be a wreckovery alright!
novicereborn 2 years ago
LOL nice one :)
visionvictory 2 years ago
love the sarcasm ;)
livialu9 2 years ago
Can you give some input on china cititzens being able to buy gold. Good bye $. Follow the yellow brick road out of cystal city virgina.
gavazzfromoz 2 years ago
I continue to accumulate gold and especially silver on a monthly basis. I no longer contribute to my 401K plan since my company decided to cut its match. Ill be transferring that money to Vanguard and buy the metals fund. My house which I paid so much for is my only issue and the biggest obviously. Ive been fixing it to sell, but my gut tells me to stay put since our community is tight knit and i have lots of land to plant. However, I can save over 1k a month if I rent. Undecided.
bher1966 2 years ago
Hey Vision, your mom called and she wants her shirt back!
mopore 2 years ago
mopore
Why would his mom call you to relay a message through youtube?
You know those times where you hear random words that make no sense, and yet are hysterical?
This isn't one of those times.
jcwitness 2 years ago
According to that logic, Obama has saved the Economy. I've finally found some good news ! I guess I should buy a house , car and max out my credit cards ! The Gold went up because of all it's added technology ! Great stuff Vision.
murphy85202 2 years ago
Its like someone dying and then Obama shows up to set up the Funeral. Obama sure did save the day :)
visionvictory 2 years ago
I highly doubt the S&P will ever go below the March lows. If it goes down to about 800, you can guarentee another stimulus bill being passed. If the stimulus fails and the S&P goes below that to 700, you can guarentee even a stronger stimulus bill being passed. They will stimualte it as much as they can at all costs until the dollar can't take it anymore. We still have a few years before it all goes to hell in my opinion.
chroNick546 2 years ago
SAN FRANCISCO (MarketWatch) -- The Chinese government has agreed to purchase up to $50 billion worth of International Monetary Fund bonds, the first such notes in the fund's history, the IMF said Wednesday. Other countries reportedly interested in purchasing the IMF bonds include Russia and India. The bonds would be denominated in Special Drawing Rights, a unit based on a basket of member-state's currencies and used by the IMF for accounting. "
And so it begins...
livefree1789 2 years ago 2
Thanks for the EXCELLENT update!
Did you see that China is buying 50 B of IMF notes? The dollar's days are numbered - and that number is small.
shoeman3434 2 years ago
IMF is a direct sibling of the Fed. they are all one in the same, holding the power of currency values. Only the elite (member states) have special drawing rights. It is a pervese scheme where things are decided secretly to "save the world" (to tighten the noose around our necks a little more). Maybe the Dollar will still have life afterall. They all lie. The world will surely turn but the problems will surround us and things will get progressively worse. Get ready for more hype.
curiousEGM 2 years ago
Its over, everyone knows it except the American population.
visionvictory 2 years ago
Vision, Looking at the chart it looks like When the p/e is low the economy is doing well ie 04-06, and the spikes in p/e usually occur around the times of market crash/corrections 1987,1998,2001 and currently. What is your take on that? Response please. Thank you.
dellamalo 2 years ago
I talk to people all the time about our current situation and they always tell me "but the media says we are doing great".I try and tell them that our media is no longer "our"media.They are being controlled by the elite that caused our current problems.People just won't look at reality,they want to stay in their "fantasy world"and think everything is peachy keen.
mcap52 2 years ago 3
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quitearow 2 years ago
Awesome vid!
doctorjn 2 years ago
Awesome, you sum up the situation brilliantly.
njedinjedi 2 years ago
Looking at the changes in our population as well as the boom in Asia. I would say its more like 2008-202?
visionvictory 2 years ago
Good work Daniel
orwashepushed 2 years ago