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DOW Down 600 Pts! AIG sues BoA! Fannie & Freddie Downgraded! 8-8-2011

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Uploaded by on Aug 8, 2011

A quick report and prediction on today's economic situation.

Where do we go from here?

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  • @dawheele1 ;) Actually...don't think I truly want the answer to my posed question. I think you get it tho. Can people finally see where this is going already? Oh boy. Not to any GOOD place, that's sure. Well thanks for replying and agreeing. High time people are here and there starting to be honest about this mess. It's bad.

  • @KillBaddBugz well said, what do we do with our currency now! and it can only get worse. These jug heads are nuts, I mean whats the point if having trillions of US dollars in your pocket, when purposely printing trillions of them makes them worthless? The only outcome of this thought process is failure and insane to pursue.

  • @dawheele1 Well yeh I mean part of the whole fear factor ploy to apply pressure toward TARP was the threat of Oh NO! we can't let aig down, oh no-- because then the entire lending market would fizzle out. Yeah right. What a lie already. think anyone can look about and see---lenders aren't lending. TARP=EPIC FAIL = TOTAL CORPORATE WELFARE FRAUD. Let's call a spade a spade. Major scam. And the jig's up already. Lost that almighty shiny credit rating. Oh boy. What to do now with our currency? Hmmm

  • I dont see how AIG can sue, they were just as wrapped up, if not more, in these derivitives scams than BoA. AIG did the same thing to their coustomers, betting against them and everything else they lied to congress about. They both were bailed out because of it. so their just handing around fake money back and forth, there both going down.

  • Yep. The writing's on the wall. Nice vid- liked and saved. Great channel 2-subbing

  • It's almost like there saying "I can't be out of money, I still have checks left!"

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