Debt Crisis - Why All the Experts Are Wrong

This video attempts to explain the real reason at the core of the current economic crisis which no one is talking about in the mainstream media, even though the Founding Fathers of the US Constitution identified it as a threat to humankind 200 years ago. This video attempts to address the current crisis, and offer a simple painless solution that will benefit everyone. Part 2: http://www.youtube.com/watch?v=2dnbRoWcsL4 . For a deeper understanding of the history of the problems with our monetary system, watch "Debt as Money" on Google video, it is 45 minutes long but well worth your time: http://video.google.com/videoplay?docid=-9050474362583451279
For a complete history of the battle between banks domination and the liberty pf the human race, watch "The Money Masters" http://video.google.com/videoplay?docid=-515319560256183936 .

Category:

News & Politics

Tags:

• stock
• market
• crash
• recession
• depression
• federal
• reserve
• fractional
• banking
• debt
• 401k
• investment
• money
• magritte
• escher

[alienmoonbase]

We are experiencing a crisis of OVERPRODUCTION.

You only get this type of recession when you have massive wealth and not enough money in the pockets of the workers.

But this is a luxury recession.

There is too much of everything. Name one thing (other than dollars) that is scare? Houses? no Cars? no Food? no

Oil? no

Only dollars are scarce

[EscapePlatosCave]

That's what i say in the video, in reality there is no problem, it is the symbol system of money that is messed up. But a crisis of overproduction? That is an oxymoron. Maybe you're still living in luxury but thousands of people are losing their jobs, homes, and health insurance every day, with future generations already $100k in debt, and every cent of the taxes they will pay will go to pay THE INTEREST ON THE NATIONAL DEBT TO THE BANKS.

[anyusmoon1]

Sorry but VERY crucial point @ 3:08 is untrue We have little or no industry, industrial plants, industrial machinery shops, nor the industrial raw material(s) production in this country anymore and THE problem this country faces. Unless the gov gets OUTTA the way and We The People rise up with exerted effort toward new energy technology and build whatever it takes to manufacture, erect plants, retool machinery there won't be a recovery. The sun is still rising, plants still operating, in CHINA.

[EscapePlatosCave]

You are right of course, there is no free trade unless it is also fair trade, and other countries should not be allowed to trade without tariffs unless they have decent workers rights and pay. But that is small potatoes compared to what this video is about. As the modern economy expands it should create a prosperous middle class like the US in the 50s, and that means more consumers for our products. But with the cancer of the financial sector growing, we are not reaping any of the benefits.

[VisionQuest2012]

Fractional reserve banking should be outlawed. It's nothing more then a money scheme and it's at the heart of all the corruption.

[greatcp]

Thanks for posting this.. it is required that more people become aware of whats going on!

[stevep67]

Outstanding! Very good explanation to those of us who can't wrap our brains around money. Bravo!

[doranda777]

great video! I work my but off ,but it seems that I am still broke!

AAAAAAAHHHHHH!!!!!!

[adriantheodore]

This is the sad, simple truth, Not flashy but still scary

[skibee50]

So you like M.C.Etcher

[anyusmoon1]

'new fuels.' continued... All factories, machinery, transportation to/from will have to be retooled 2. As todays rust buckets cannot easily be modified to build new machinery from the old.

Yes, agreed! The entire retooling IS THE ANSWER but will bankers-tied-2-oil-tied-2-mili­tary-industrial-complex-tied-2­-overnment ALLOW or encourage such changes? No, I think not.

The fascists, like the American people, will have 2 hit bottom before making any substantive changes. I wish it weren't so.

[anyusmoon1]

Indeed the banking system is a cesspool of criminals, criminal activity and all sorts of faults naturally occurring in a facade having no foundation in honesty, common sense, or fairness.

I like Dr. Paul's summation... if what the bankers do is fine and right then,'...why should any of us work? Just stay home and print money!'

My comments however were directed at the solution side of your equation and that is industry. To retool in todays low emmission, 'green' pop culture we need new fuels.

[EscapePlatosCave]

I understand things look bleak but my point is that it is an oppressive illusion created by the insane banking system the world has been tricked into adopting. In fact as technology increases productivity, building a new energy infrastructure is exactly what the economy will need to keep everyone working productively. people think of hi tech as "expensive" but it wouldn't exist if it wasn't also easier to make, i.e. a radio used to have to be hand soldered together.