Don't Panic! Drop in Tax Revenue = Goodbye Dollar
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It is now August 2011, US of A Utube viewer who just listened to your very perceptive though gloomy analysis. For.example, as everyone knows you were correct about the.downgrade in the US credit rating. We are blaming the Republican right wing but even though I am a moderate Democrat...if there is such a thing...I think that is way too simplistic.
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If you look at his page the videos are placed in order of most recent to oldest.
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I've had a question about the bailouts for some time. Wouldn't it have made more sense to simply give the trillions to taxpayers directly instead of giving it to the banks? I mean wouldn't it all eventually end up in the hands of the banks anyway after we spend it or deposit it? At least we'd have been able to get some sense of something out of it instead of Obama's just handing it over to the banks and having no control over it at all?
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Hmm, Seriouslly I might having a nervous breakdown!!
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Yeah, that is a good question. Well for one, pressure congress to ge the TARP mney back and pass some laws stopping them from their manipulation. I did hear where Mozillo was indicted by the SEC today. Also dont patronize their debt creating business by taking their money. They only make money when you give your money to them or take loans from them. Simply dont do business with them, Citibank. Chase, Bof A, Wells Fargo any of the big boys, If you have to have a bank account find small bank
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like what?
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nice mullet!!!
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cmon I am hearing this collapse stuff since long time. Will you able to tell exactly when will it happen? Its bad but when will it turn really bad.
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Hmmm I wonder how many of those GM bondholdrs (mostly Banks, Hedge funds and Pension funds) also hold Credit Default swaps on those very bonds. There by making them quite a bundle on the Gm Bankruptcy and cleaning out stockholders, retirees and workers alike. I think it is about time there is a reaction against the bankers all over the world.
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screw the crisis, im going to get laid
ellnino 2 years ago 4
I love his presentation! Keep up the good work Mike!
manbird12000 2 years ago 3