End of the Dollar? Consumer Confidence Crashes!

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Uploaded by on Jun 30, 2010

Video commentary on the latest news including consumer confidence crashing in June, riots in Greece, the dollar losing its reserve status, the bill to extend unemployment and much more.

Video: Dick Riding Obama
http://www.youtube.com/watch?v=rmkUXX5rQOs

Scrap dollar as sole reserve currency: U.N. report
http://www.reuters.com/article/idUSTRE65S40620100629?feedType=RSS&feedNam...

Bill to extend jobless benefits fails in House
http://www.marketwatch.com/story/house-fails-to-pass-extended-jobless-benefit...

Two-year yields fall to record low as investors flee stocks
http://www.marketwatch.com/story/treasurys-up-2-yr-yields-touch-fresh-record-...

Far-off hurricane could slow oil spill cleanup
http://www.google.com/hostednews/ap/article/ALeqM5gIXWYBTpLtSayJtg41LKXpxSxVP...

Consumer confidence tumbles in June
http://www.google.com/hostednews/ap/article/ALeqM5jsIlLP-jUnVIwDKXJfeEyTrbBlm...

Bill Clinton: Consider Blowing Up Deepwater Horizon Well
http://www.aolnews.com/gulf-oil-spill/article/bill-clinton-consider-blowing-u...

Clashes at Athens protest against pension reform
http://apnews.myway.com/article/20100629/D9GKTGRO0.html

Greece Denies Reports Of Selling Islands To Cut Deficit
http://online.wsj.com/article/BT-CO-20100625-706063.html

Kos: Poll data was fraudulent
http://www.politico.com/news/stories/0610/39187.html#ixzz0sIB70fQI

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  • type in "ski crashes" in the youtube search and click the video with stars in the title to be shocked!

  • @regemo "There's less tolerance for religious fundamentalists trying to shape government policies."

    But there's a greater push by climate change globalist crazies.

    There's still a continuation of bailouts, stimulus, wars and anti-civil liberty policies.

    And yet you defend this administration.

    "It's a lose lose situation."

    When Obama scared people into supporting his stimulus package, he created a lose lose situation for himself. Stop making excuses for him.

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  • @DEMCAD (contd) scenarios and tell everyone to go buy gold because the dollar is dead. What a joke :) Remeber after 9/11 when those a-holes were screaming at everyone to go spend money because it was the patriotic thing to do? Good news is it looks like they failed as the market is now only 10% from its all time high and jobs numbers are looking better and better

  • @DEMCAD Yaaay! Best jobs numbers in 3 years yesterday leads to the largest jump in the market since before the crash! And ask an economist, it is natural to devaluate a currency during a recession making our exports more sought after and closing some of our trade defecit. But actually inflation is MUCH lower now than it was over the past 8 years of demand push inflation. I also love hearing republicans scream about how low consumer confidence is while they simultaneously preach doomsday (contd)

  • It will probably be too late but.. Ron Paul 2012! the revolution has been televised!

    If you want a brighter future do a search for "Ron Paul - Stop Dreaming " and listen to the man dammit! Democrat or republican it doesn't matter. Hes our last stand. Please I implore everybody to at least hear him out.

  • Holy Crap, I keep up on all of that kind of stuff and I did not see the UN report until now. Yet another example of how mainstrem news is about as useful as a pet rock.

  • hello murda mook

  • As if the U N has any say in anything....lol

  • You missed the entire inside message in that Bill clinton video, you didn't even mention what he really said!!

  • great points, especially about Obama VS Bush

    blacks can't criticize whites who blindly supported Bush when we blindly support Obama, who is just a continuation of the same Bush policies

  • yeah been for that for a wile now Demcad as far as destroying the well. i agree nukes are bad unless you destroy the oil & pressure in the well itself though this is still cause radioactive water not too say what else. Though their are shaped charges these are the rpg blowing right though MB tanks like butter.these placed in the mile long well will cause big chunks too destroy well shaft and clog it. this of course could be done with like 500,000 tong of earth and rock.Hey is this oil rain real?

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