The global financial crisis is now officially turning into a currency crisis as predicted by Ron Paul and others years ago. With the new trillion EU rescue package, central banks around the world are printing money out of thin air to prop up a failing system. The idea that American citizens are paying to bail out Europe is astounding. The Federal Reserve and other central banks are intentionally devaluing currencies worldwide to bring in a new international reserve currency regulated by them. In other words, the people who caused the crisis are coming in and offering the solution giving them total control over the world’s monetary system. This fraudulent, corporate looting is transferring wealth from ordinary citizens to the ultra-rich, consolidating global power. This is unprecedented in world history. Please support Ron Paul’s bill to audit the fed and research these topics for yourself. Thank you for watching and subscribe to aenfroy87 if you enjoyed the video.
Louis talks about the recession and the fucked economy. He also describes the man-made shortage of diamonds under the De Beers’ controlled supply. Louis later mentions the episode “The Giant Pool of Money” from This American Life on NPR, which you can listen to here: www.thisamericanlife.org Part 1 of 3.
A rap about what led to the current state of the economy, why the financial crisis is happening, and what the Bail Out Plan means for you and me. Written and Performed by Michael Bird Directed and Edited by Andrew Grissom
Barry Eichengreen – renowned professor of Economics and Political Science at the University of California Berkeley, former senior advisor to the IMF, author of “Globalizing Capital: A History of the International Monetary System”, and editor of “Rescuing our Jobs and Savings: What G8 Leaders can do to Solve the Global Credit Crisis” – provides a detailed overview of the financial crisis. He discusses at length: (a) the excessive risk undertaken by a variety of financial institutions as a result of gradual deregulation of financial services sector in the second half of 20th century; (b) the role of both Republican and Democratic parties in maintaining deregulation policies following introduction of US President Ronald Reagan’s “free markets” ideology in 1980; (c) the inability of the US to properly manage or channel massive capital inflows from the developing world – especially China – during the last decade; (d) the failure of Bush administration to mount an adequate response to the financial crisis on account of its initial state of denial, financial engineering mindset, and “free markets” ideology; and (e) actions – such as, interest rate increases, deficit reduction, recapitalization of banks, and economic stimulus – that would have greatly mitigated the severity of the financial crisis. In addition, he dwells on: (f) the impact of the financial crisis on American power and globalization, as well as (g) the nature of institutional reforms required at global level to …
Alex also talks with Walter Burien, an advocate for government fiscal accountability and budgeting. Bubien’s documentary, The Biggest Game in Town, exposes government theft behind Comprehensive Annual Financial Reports cafr1.com www.infowars.com www.prisonplanet.tv
Alex also talks with Walter Burien, an advocate for government fiscal accountability and budgeting. Bubien’s documentary, The Biggest Game in Town, exposes government theft behind Comprehensive Annual Financial Reports cafr1.com www.infowars.com www.prisonplanet.tv
Alex also talks with Walter Burien, an advocate for government fiscal accountability and budgeting. Bubien’s documentary, The Biggest Game in Town, exposes government theft behind Comprehensive Annual Financial Reports cafr1.com www.infowars.com www.prisonplanet.tv
Alex also talks with Walter Burien, an advocate for government fiscal accountability and budgeting. Bubien’s documentary, The Biggest Game in Town, exposes government theft behind Comprehensive Annual Financial Reports cafr1.com www.infowars.com www.prisonplanet.tv
Alex also talks with Walter Burien, an advocate for government fiscal accountability and budgeting. Bubien’s documentary, The Biggest Game in Town, exposes government theft behind Comprehensive Annual Financial Reports cafr1.com www.infowars.com www.prisonplanet.tv
