Many experts point to the 1999 Financial Modernization Act as a cause of our current financial crisis. Senator Byron Dorgan opposed the act then and predicted our current crisis. More recently he has questioned the 0 billion bailout plan.
This video is an informative look at the factors that are causing our current financial and economic crisis. It discusses policy changes 13 years ago that unleashed the sub-prime mortgage-backed securities market, which accelerated prices erratically, inviting speculation and loose lending practices which were both condoned and encouraged by existing regulation and carried out by risk-blind executives and Fannie Mae and Freddie Mac. Aside from ripping the corporate goons in the media, please be respectful in your comments. Thanks. Obama Bombshell Redistribution of Wealth Audio Uncovered
Gordon Brown & Henry Paulson are blaming speculators ( scapegoats ) for the economic crash, the ban on short selling does not stop the fall of bank stocks because investors are dumping their own bank stocks, the current free market capitalist system is not “free” but rigged by those in power ( deregulations ), martial law, hyperinflation, the collapse of the financial systems looks like a controlled demolition, the “paulson plan” 700 billion bailout is a financial power grab similar to the patriot act, the unregulated banking system of derivatives is called the shadow banking system, recorded on September 27th 2008 . . . the whole audio is at . . . karmabanqueradio.com … … …
Financial Crisis Spelled Out So Any Dumbed Down Citizen Can Understand. Starring All The Good Ones Barack Obama George Bush Nancy Pelosi Barney Frank (Ron Paul Peter schiff Dennis Kucinich Not Thugs) Dick Fuld Alan Schwartz Ben Bernenke Ken Lewis Hank Paulson Alan Greenspan and Many More Thugs
In this Brand New DVD presentation Don and David mcalvany analyze the financial market chaos of 2008 and its immediate impact on the real world economy of 2009 and beyond. After viewing this exclusive presentation you will better understand how to solidify your future and protect your assets. It’s your choice. Order your FREE copy today at www.mcalvany.com/request.php or call 800 525 9556
Here is part 1 of President Bush’s televised address on the financial crisis that has crippled wall street as well as the global economy. This speech was broadcasted on 9/24/08 9 PM Eastern time on local news networks in the US
In this Brand New DVD presentation Don and David McAlvany analyze the financial market chaos of 2008 and its immediate impact on the real world economy of 2009 and beyond. After viewing this exclusive presentation you will better understand how to solidify your future and protect your assets. It’s your choice. Order your FREE copy today at www.mcalvany.com/request.php or call 800 525 9556