Michael Pento, Eurozone Crisis, US Housing Bailouts? - Capital Account (11/11/11)

Another day, another eurozone headlines...amidst good signs and bad signs, the headlines may change but the economic picture remains the same. And what becomes of Europe's closest economic partner, the US, with financial problems of its own? President Obama is making deals with Asian countries at a summit in Hawaii. Does that say it all? Meanwhile the US continues to be dragged down by the housing market. The government has poured billions of dollars into mortgage giants Fannie Mae and Freddie Mac since taking them over in 2008. Now another federal agency involved in backing mortgages is in trouble and could need a bailout. And when it comes to taking on Wall Street, one matador is taking the bull by the horns.


Watch more of the Capital Account with Lauren Lyster: http://www.youtube.com/capitalaccount

Follow Lauren on Twitter: http://twitter.com/LaurenLyster

Category:

News & Politics

Tags:

• Capital Account
• Lauren Lyster
• Demetri Kofinas
• Michael Pento
• RT
• RT America
• Russia Today
• Finance
• Economics
• Markets
• Economy
• Housing
• Eurozone
• Italy
• France
• Italian Bond yields
• French bond yields
• bonds
• yields
• monetization
• quantitative easing
• Federal Reserve
• ECB
• Zero Hedge
• Fannie Mae
• Freddie Mac
• Federal Housing Authority
• FHA
• housing crisis
• GSEs
• US jobs
• unemployment

[Hyperborea2012]

@novazee I didn't think it was possible to jerk off to a financial show. The Russians figured it out.

[indianseibel123]

Monetizing is turning bonds in to "money". Wow sounds like something we should do all day long! Lauren don't us the word money when you mean devalued currency .

[rei9707]

Nice... shirt :P

[JPMorganMustDie]

I think Pentos Table maybe a Tad too high, looks like a Kid at the Dining Table.

[tanmaygupta89]

Capital Account is too short, please create a longer show, specially where u can have a complete conversation with your expert guests. I love the show and its hard to get relatively good financial content around the world. -signing off from India

[mannyvelo]

Anyone else notice how high Pento's dest is. Is he like 5'2"?

[demandgold]

Pento needs to put some stuff in that room it sounds empty

[mannyvelo]

@fuckoff187 Well said!

[fuckoff187]

lauren is my dream girl in terms of personality and intelligence. where can you find a woman thats into economics and politics and not reality tv...

[Iammram]

19:25 There are companies who have a whole separate crew of workers just to do the paperwork from regulations alone.

23:00 Who is the director of this show?! lol

As for the Panda poop tea, if there is a market, why not? lol