The Crash – Coming Financial Collapse of America
Friday, May 21st, 2010 at
5:55 pm
Recent Posts
- Greek Financial Crisis (part 2)
- Whalen: Too Much Regulation Caused JP Morgan $2 Billion Loss
- Failures of Financial Regulators Explained by Former Reagan Nominee
- What is Financial Accounting: Financial Accounting video 1
- Meltdown – The Global Financial Crisis? pt 3 of 4
- Foundation Financial Group’s CEO, Mark W. Boyer, Discusses Rising Home Prices
- Foundation Financial Group’s Mark W. Boyer Talks Refinancing a Home
- Where the Greek crisis goes next
- London Whale Harpoons Financial Markets
- White House Summit on Financial Capability and Empowerment: Youth Panel with Secretary Arne Duncan
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@nathuwjohn so far all claims of god from the bible or quran are the farthest away from wisdom our species has ever been.
@Meathead36 no, christianity seeks to rob most people I know of their freedom to speak, to exist, to work and live – christianity seeks to make people into slaves and religious soldiers and bigots. It is evil, not freedom. Down with christianity
@LookUpAtSkyNow the cat’s already done a very big bounce, but it turns out it was dead all along. Look up “dead cat bounce” and also look for a pricing of Dow in Gold (e.g. use $indu:$gold to compare on stockchartsDOTcom) and you’ll see the bounce. When the 1000 pt drop happened you could hear it.
@ytgv3fc7
Voting works. Just look at what happened in the recent primary races. They’re not all rigged. I’d like to see independents get elected to office! Not connected to either party – that’s where the rigging goes on…
@CosmosPrivateer There is always enough gold to cover dollars needed. Prices simply go up and eventually dollars cease to exist. Gold is IMPOSSIBLE to be “insufficient” to trade for other goods we use, need, produce. All the goods are able to be traded for each other. The fraud is the problem, the system is not out-dated.
Please learn something for a change, and stop using your fiction that there’s not enough gold. THERE IS, ALWAYS WILL BE UNTIL NOT A HUMAN WALKS THIS EARTH.
@ytgv3fc7 You must be reading the KJV or a translation of it…Garbage!
Atheism is the belief that there was nothing and nothing happened to nothing and then nothing magically exploded for no reason, creating everything and then a bunch of everything magicaly rearranged itself for no reason what so ever into self-replicating bits which then turned into dinosaurs..Makes perfect sense to me! What a baboon, pun intended!
the stock market never loses money,. it only gets transfered from one domain to another. from one loser to a winner. remember that
@ytgv3fc7 Ok.. You’re crazy! Yea.. that would be a great solution to every problem the world has ever faced in the history of time since Noah landed his ark in the middle of a mountain. (?) Problem is.. nobody believes in the same thing. If we had a universal God that told us all how to conduct ourselves and rewards came to those who applied themselves accordingly, life would be simple. We are in Hell, It’s that simple.
@jenchillada
No we are in heaven but there are people here making it seem like hell.
@ytgv3fc7
Sure there will be plenty of gold in your fantasy world.
fucking NWO fascist right wing propaganda hit piece. this is UTTER bullshitt! Somehow using a nations resources and a governments money on it’s people was somehow resposible for the debt, but the wars and the military industrial complex wasnt? To add insult to injury: the FED lending the american people its THEIR OWN money AT _interest_! The unmitigated GALL and the CHUTHZPA is to insane to bear. This is the worst piece of NEO-CON republican crap I’ve seen in a while.
@ytgv3fc7 You’re mistaken. 90% of the gold is hoarded by a few large interests. Primarily the Bank of England and the Rotschild Banking house, along with the Warburg, Baruchs and a small number of others. Thy have a monopoly on both the world production and trade as well as having cornered the marked. They manipulated gold prices in th 80s to loot the arabs. You can never have a system based on Gold. For a number of reasons more as well, too complex to explain here.
@ytgv3fc7 China owes money too, big money. The World’s largest stimulus package the Media (once again, accidently) forgot to report, was/is in China. Why have a (mega-huge) stimulus package if things are so good? People are greedy, you’re quite correct, but some are also preditory, and that’s the other side we must address (and punish) too. Good vid, make more like it if you can.
@CosmosPrivateer Prove it.
@jenchillada
Unless you live in a shit hole (if you do move) this is a great planet to live on. The ignorant people here are the ones screwing it up.
Every morning when I wake up the birds are singing with the sweet smell of the morning dew.
If a God came thru the clouds tonight I would stay here. I have no need for streets paved of gold, to slick when it rains.
When we figure out how to live together here we will be invited to travel the universe.
@gunthaarz Untrue. You can always have a currency world-wide based on gold, much less all precious metals.
The reality is that wealthy people have many types of valued assets, duh, that’s why they’re wealthy. The very existence of overly wealthy people is a threat to everyone else. It’s a weapon to be used against us. But to choose PAPER is to choose CYANIDE instead of water that may have a bad smell to it in a world of slavery. Duh.
@CosmosPrivateer it’s not about the quantity – it’s about the rarity and utility of it. Even if the amount of gold next year went to 1% of what the amount of gold “exists” today, IT STILL WORKS. Your fatal misunderstanding means that if you refused to consider gold, and the world switches to it, you have no money. Nothing. Broke-ass. It’s your choice.
@jenchillada well I’m not saying we have to all believe in the same things collectively, just enough belief that it’s better to support each other than rape, kill or steal from each other. Not even world peace, just community-level reduced apathy, stupidity and violence to a level where we actually get along and don’t deliberately hate on the neighbors to make them lose, laugh at their losses, etc.
Oh, guess that is crazy-talk.
@CosmosPrivateer #1 there’s no god
#2 we all live in shit holes manufactured by the wealthy, because their very wealth comes from taking what’s not shitty out of our lives (theft, fraud, domineering)
Bottom line is we can’t have overly wealthy people, their purpose is to do harm. To be enriched by enriching others is great; to be enriched by depriving others is evil.
@ytgv3fc7 – If I control 90% of the worlds gold and you start basing your currency on gold… the rest should be obvious to you. go to documentarywire . org or google video and see the documentary money masters. See “The Secret of Oz” . Go to Bill Still youtube account. you can never again have a currency based on gold unless you wantthe ultra rich / those who control gold to control the economy
NWO fascist right wing propaganda hit piece. this is UTTER bullshitt! Somehow using a nations resources and a governments money on it’s people was somehow resposible for the debt, but the wars and the military industrial complex wasnt? To add insult to injury: the FED lending the american people its THEIR OWN money AT _interest_! The unmitigated GALL and the CHUTHZPA is to insane to bear. This is the worst piece of NEO-CON republican crap I’ve seen in a while.
David A Stockman, Ronald Reagan’s economist used a whole book titled “The Triumph of Politics to admit that the Whole of economics policies of the Reagan Era was a complete scam and fraud with HUGE tax breaks on the ultra rich. “cannot afford social security” my ass! But somehow trillions of dollars tax cuts and defense spending is viable??? What moron concocted this moronic way of thinking? EVERY SINGLE _CENT_ one puts into “social security” goes STRAIGHT BACK INTO THE ECONOMY!!!! IDIOTS!!!
that IS what is called the economy! If noone had any money to spend there WOULD NOT BE ANY ECONOMY TO GO AROUND! “Work” does not magically appear! It can only be created if people have the necessary instruments to create demand with! any IDIOT can understand this by watching “The Money Masters”, the secret of oz, “Money as debt”, or the “Zeitgeist” documentaries.
@ytgv3fc7
1. You may live in a shit hole, I don’t.
2. I never said there was a god.
Gold/Silver as money is just another way to enslave you. Get all you need but I hope you don’t own paper gold/silver. The real problem we face today is that technology will continue to make us more productive and that will create less jobs. How do we get these precious metals if we have no way to earn them?
Your journey continues.
You can only help the poor after you’ve saved the rich.