I wouldnt put a whole lot of credibility in a government report, considering that the congress just did the same thing and the commission didnt even interview anyone that saw this criisis coming.
The division country sorely benefits the special interests. The special interests have built division amongst the people through partisan politics. The special interests who morphed Fannie Mae over the years which days go back to the Roosevelt era. It was a private bank system only that was involved when the market crashed the first time (1929) during the great depression.
The banks and the high level criminals in them are where the source of our pain is. The greed of a few arrogant bankers with no limit setting results in banking become not a service to commerce and the functioning of society but a demanding vampire than demands to be served. Cut those entitlements, give to the banks.
You really have zero understanding about what took place in this crisis, to bring up some obscure death threat from someone that was not even close to being involved in this crisis is nothing short of retarded. Dont forget to where your floaties and helmet, its dangerous out there.
@jjrglobal Your insults are an indicator of HOW ignorant YOU are. The death threat Keating asserted is not obscure and it illustrates clearly that there is such a thing as white collar criminals and their assault on the confidence people have in their country, community or organization they are affiliated with are far more devastating than small players.
We have laws against such behavior. The actions of an individual certainly dont prove anything. The problem with people like you is that you believe the rest of the people on this planet are as big a piece of shit as you really are, and the fact is that the majority of the successful people are honest hard working and simply smarter than the people that are unsuccessful.
For anyone interested in just how corrupt the lawlessness of the financial sector is, take a look at a recent documentary "Inside Job". For several recent years before the crash, corporate titans were being idolized and revered like Gods. Brains don't equal ethics and morality. Hitler, Pol Pot and Pablo Escobar are examples of proof. Laws (regulations) are designed to set limits on sociopathic or anti-social behavior so that honest people an do their job.
Regulations are what is used by the corrupt people to limit their competition. My dad bought 50 used travel trailers and put them on a grass lot for sale. The city officials came by one day and said he would have to either pave the lot or move the trailers to a lot that was paved. Guess who turned him in to the city? Thats right, the guy about a half mile up the road selling travel trailers, who was instrumental in getting the local regulation passed. Thats how reg works every time.
@jjrglobal Do you tend to defend the biggest union of them all, the so called United States Chamber of Commerce. That organized union is representing major global corporations over the interests of small business.
@jjrglobal You are like a rattle snake that is tormented, snapping it's fangs so loosely it soon injects its own body with venom. You recklessly throw out loose insults to the point you will fail any debate. If you cannot control yourself and you actually reach a level of behavioral dis-regulation that is incongruent with functional social discourse, expect consequences. Did you lack proficient parenting?
Roosevelt died before ww2 was over how did he all the stuff claimed after the threat was over. Alexander hamilton wanted us to have a money system similar to britian. Is lynden larouche behined this video. Please back up you claims and accusation with facts.
It's wrong for gov. to actually produce the currency; cause its basicaly no difference from what we have to day - you need PRIVATE MEN TO PRODUCE currency, but it cannot be MONOPOIZED. Any men who wanna make currency are allowed to do this. No taxes. No gov. rules which implies rights of anything. Only negative rights are justice.
The programs of FDR created the American middle class and made this country a model for the rest of the world. The crisis we are in today is a direct result of the Regan revolution. A bi-partisan revolution that has destroyed the middle class and created an ocean of debt.
@Mindsi2 It's curious the heaps of politician hypocrisy and the in-congruency of special interests. John Boehner for instance rails about the spending of government focusing of course on Obama yet he signed one of the biggest most grossly inefficient bills to the detriment of taxpayers and the benefit of pharmaceuticals. Medicare part D.
The disastrous programs that FDR implemented are responsible for the crisis today. Fannie Mae is an FDR creation. The reason we finally got out of the Great Depression is FDR died along with some of his moronic policies.
@jjrglobal Fannie and Freddie were privatized in the late 1960s. Did you know that? The big banks that were bailed out began farting before Freddie and Fannie. Freddie and Fannie were forced to compete with the likes of Lehman and Goldman Sachs. Follow the bailout money. William Black, professor of economics University of Missouri Kansas City played a role in prosecuting the white collar criminals of the Savings and Loan scandal of years ago. Keating made a threat to his life. utube WB
Privatized, huh? Fannie and Freddie NEVER played by the same rules as a private sector company, they had gov privileges. FnF never competed with Lehman or Goldman or any other investment bank they aren't even in the same business. Fannie Mae and Freddie Mac guaranteed home mortgages that were written by lending institutions for customers that weren't qualified to get a regular home mortgage from a bank. The banks didnt give a shit whether the people paid or not because FnF was guarantor
@jjrglobal Actually Rush Limbaugh said on his radio program in recent years. Roosevelt is dead but his policies live on but "we're" doing something about them too. As recent as 1999, glass-stegal was removed with the blessing of Bill Clinton and his advisor Robert Rubin former CEO of Goldman Sachs. Investment banks were able to gamble with tax payer insured (FDIC) funds. This resulted in part to a massive private financial sector bailout.
You act as if banks set out to lose money deliberately so they could be bailed out. The removal of Glass Steagal didnt cause this crisis, the Fed and government agencies created by FDR caused this.
@jjrglobal The Fed was not created by FDR. It was created in 1913. However, if you dig deeper you will find out that the Fed is the parasite of the economic problems we have.
I should have said the Fed along with agencies created by FDR, sorry for the confusion. I'm aware of Jeckyll Island and the creation of the Fed in 1913.
er need ron paul to do the same
7777777drake 6 months ago
It's amazing to me that everyone who listens to this doesn't agree with you.
It's absolutely amazing.
Lightmane321 1 year ago
I wouldnt put a whole lot of credibility in a government report, considering that the congress just did the same thing and the commission didnt even interview anyone that saw this criisis coming.
jjrglobal 1 year ago
The division country sorely benefits the special interests. The special interests have built division amongst the people through partisan politics. The special interests who morphed Fannie Mae over the years which days go back to the Roosevelt era. It was a private bank system only that was involved when the market crashed the first time (1929) during the great depression.
wjksea 1 year ago
The banks and the high level criminals in them are where the source of our pain is. The greed of a few arrogant bankers with no limit setting results in banking become not a service to commerce and the functioning of society but a demanding vampire than demands to be served. Cut those entitlements, give to the banks.
wjksea 1 year ago
@wjksea
You really have zero understanding about what took place in this crisis, to bring up some obscure death threat from someone that was not even close to being involved in this crisis is nothing short of retarded. Dont forget to where your floaties and helmet, its dangerous out there.
jjrglobal 1 year ago
@jjrglobal Your insults are an indicator of HOW ignorant YOU are. The death threat Keating asserted is not obscure and it illustrates clearly that there is such a thing as white collar criminals and their assault on the confidence people have in their country, community or organization they are affiliated with are far more devastating than small players.
wjksea 1 year ago
@wjksea
We have laws against such behavior. The actions of an individual certainly dont prove anything. The problem with people like you is that you believe the rest of the people on this planet are as big a piece of shit as you really are, and the fact is that the majority of the successful people are honest hard working and simply smarter than the people that are unsuccessful.
jjrglobal 1 year ago
For anyone interested in just how corrupt the lawlessness of the financial sector is, take a look at a recent documentary "Inside Job". For several recent years before the crash, corporate titans were being idolized and revered like Gods. Brains don't equal ethics and morality. Hitler, Pol Pot and Pablo Escobar are examples of proof. Laws (regulations) are designed to set limits on sociopathic or anti-social behavior so that honest people an do their job.
wjksea 1 year ago
@wjksea
Regulations are what is used by the corrupt people to limit their competition. My dad bought 50 used travel trailers and put them on a grass lot for sale. The city officials came by one day and said he would have to either pave the lot or move the trailers to a lot that was paved. Guess who turned him in to the city? Thats right, the guy about a half mile up the road selling travel trailers, who was instrumental in getting the local regulation passed. Thats how reg works every time.
jjrglobal 1 year ago
@jjrglobal Do you tend to defend the biggest union of them all, the so called United States Chamber of Commerce. That organized union is representing major global corporations over the interests of small business.
wjksea 1 year ago
@jjrglobal You are like a rattle snake that is tormented, snapping it's fangs so loosely it soon injects its own body with venom. You recklessly throw out loose insults to the point you will fail any debate. If you cannot control yourself and you actually reach a level of behavioral dis-regulation that is incongruent with functional social discourse, expect consequences. Did you lack proficient parenting?
wjksea 1 year ago
USA CAN EAT SHIT
06mwalker 1 year ago
stop blaming europe
06mwalker 1 year ago
Roosevelt died before ww2 was over how did he all the stuff claimed after the threat was over. Alexander hamilton wanted us to have a money system similar to britian. Is lynden larouche behined this video. Please back up you claims and accusation with facts.
fogt1430 1 year ago
It's wrong for gov. to actually produce the currency; cause its basicaly no difference from what we have to day - you need PRIVATE MEN TO PRODUCE currency, but it cannot be MONOPOIZED. Any men who wanna make currency are allowed to do this. No taxes. No gov. rules which implies rights of anything. Only negative rights are justice.
larsiemannen 1 year ago
The programs of FDR created the American middle class and made this country a model for the rest of the world. The crisis we are in today is a direct result of the Regan revolution. A bi-partisan revolution that has destroyed the middle class and created an ocean of debt.
Mindsi2 1 year ago
@Mindsi2 It's curious the heaps of politician hypocrisy and the in-congruency of special interests. John Boehner for instance rails about the spending of government focusing of course on Obama yet he signed one of the biggest most grossly inefficient bills to the detriment of taxpayers and the benefit of pharmaceuticals. Medicare part D.
wjksea 1 year ago
The disastrous programs that FDR implemented are responsible for the crisis today. Fannie Mae is an FDR creation. The reason we finally got out of the Great Depression is FDR died along with some of his moronic policies.
jjrglobal 2 years ago
@jjrglobal Fannie and Freddie were privatized in the late 1960s. Did you know that? The big banks that were bailed out began farting before Freddie and Fannie. Freddie and Fannie were forced to compete with the likes of Lehman and Goldman Sachs. Follow the bailout money. William Black, professor of economics University of Missouri Kansas City played a role in prosecuting the white collar criminals of the Savings and Loan scandal of years ago. Keating made a threat to his life. utube WB
wjksea 1 year ago
@wjksea
Privatized, huh? Fannie and Freddie NEVER played by the same rules as a private sector company, they had gov privileges. FnF never competed with Lehman or Goldman or any other investment bank they aren't even in the same business. Fannie Mae and Freddie Mac guaranteed home mortgages that were written by lending institutions for customers that weren't qualified to get a regular home mortgage from a bank. The banks didnt give a shit whether the people paid or not because FnF was guarantor
jjrglobal 1 year ago
@jjrglobal Actually Rush Limbaugh said on his radio program in recent years. Roosevelt is dead but his policies live on but "we're" doing something about them too. As recent as 1999, glass-stegal was removed with the blessing of Bill Clinton and his advisor Robert Rubin former CEO of Goldman Sachs. Investment banks were able to gamble with tax payer insured (FDIC) funds. This resulted in part to a massive private financial sector bailout.
wjksea 1 year ago
@wjksea
You act as if banks set out to lose money deliberately so they could be bailed out. The removal of Glass Steagal didnt cause this crisis, the Fed and government agencies created by FDR caused this.
jjrglobal 1 year ago
@jjrglobal The Fed was not created by FDR. It was created in 1913. However, if you dig deeper you will find out that the Fed is the parasite of the economic problems we have.
oozie1379 1 week ago
@oozie1379
I should have said the Fed along with agencies created by FDR, sorry for the confusion. I'm aware of Jeckyll Island and the creation of the Fed in 1913.
jjrglobal 1 week ago
@wjksea
So how did banks gamble with FDIC insured deposits? Did they go down to the Bellagio and hit the craps tables or what?
jjrglobal 1 year ago