Posts Tagged ‘Depression’
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Duration : 0:10:1
Money revolution – What is the answer?
The problem facing the world is POVERTY and DEBT. In this video we start a Discussion and PROPOSE a solution. The solution is US as Humanity. We must agree to change the rules by which we live– and allow each other to be EQUAL. With ONE money solution for all–The world will change. Forum discussion at http://www.desteni.co.za
http://www.desteni-money.net
peter schiff glenn beck ron paul rand paul gerald celente jim rogers max keiser marc faber larry kudlow msnbc fox news cnn economy gdp depression recession collapse inflation hyperinflation barack obama bush campaign for liberty bernanke federal reserve hr 1207 tyranny moneybomb alex jones new world order politics swine flu david icke daniel hannan
Peter Schiff economy economic collapse crash gold silver oil bubble doom depression recession rogers faber ron paul euro dollar currency crisis stagflation commodities bear bull market
China Ponzi Scheme Germany France Keynes Mortgages Unemployment Deflation Trap Greater Depression
Duration : 0:8:4
USA
Federal Reserve Bank
The Federal Reserve Act – passed by 3 (THREE) senators in a unanimous voice vote on 23 December 1913 – while everyone else was home for the holidays.
Some people think of the Federal Reserve Banks as United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders.
The Fed has followed a consistent policy of flooding the economy with easy money, leading to a missalocation of resources and an artificial “boom” followed by a recession or depression when the Fed-created bubble bursts.
From the Great Depression, to the stagflation of the seventies, to the burst of the dotcom bubble, to the housing market crisis, every economic downturn suffered by the country over the last 80 years can be traced to Federal Reserve policy.
Duration : 0:9:55
Bill Murphy of GATA.org and LeMetropoleCafe.com discusses the economy and the gold and silver markets with Mike Maloney of GoldSilver.com
Duration : 0:10:59
Peter Schiff, president of the brokerage firm Euro Pacific Capital, has become famous as the man who accurately predicted the housing and financial collapses of 2008. Now he wants to become famous for being the Ron Paul-type outsider (complete with moneybombs!) who unseats longtime Connecticut Sen. Christopher Dodd.
http://www.europac.net/
http://www.schiffathon.com/
Schiff, co-author of the forthcoming Crash Proof 2.0: How to Profit From the Economic Collapse, is among the most prominent adherents to the Austrian School of economics, with its emphasis on sound money and limited government. In this Reason.tv interview with Reason Editor in Chief Matt Welch, shot at FreedomFest in Las Vegas just days after Schiff announced the formation of his exploratory committee, the potential politician warns that the U.S. is headed toward Zimbabwe-like hyperinflation unless Washington changes course.
http://www.amazon.com/exec/obidos/ASIN/047047453X/reasonmagazineA/
http://www.freedomfest.com/home.htm
http://www.schiffforsenate.com/
Approximately 5 minutes. Shot and edited by Dan Hayes.
Scroll down for embed code, iPod, HD, and audio versions.
Duration : 0:4:42
Stock Market Commentary – Stephen Whiteside takes a short term look at the major North American Indexs with a focus on the commodity sectors, including Gold, Energy and Uranium. http://www.theuptrend.com/swing_trading/swing-trading-system.html economic collapse, dollar devaluation, stock market meltdown, panic zone, deflation, federal reserve, bailout, ron paul, gold, gold stocks, commodities, silver, inflationary depression fiat currency
Duration : 0:6:10
Milton Friedman says that the purpose of the federal reserve is to provide cash when there is a run on the banks. This is part of a 10 hour series which can be viewed at: http://www.ideachannel.tv/
Duration : 0:4:55
Obama: Stimulus plan is already saving jobs
•Yesterday, Obama told reporters that his $787 billion economic recovery plan is already saving jobs.
•The unemployment rate is the highest in 25 years.
•He said that we should talk to the 25 police recruits in Ohio’s capital city who owe their jobs to stimulus spending. And “talk to the teachers who are still able to teach our children because we passed this plan
•Those are government jobs; those jobs were produced by direct spending, not stimuluatiing the economy.
•http://www.boston.com/news/nation/articles/2009/03/07/obama_stimulus_plan_is_already_saving_jobs/
Mayor of New Bedford, MA looks to cut 25 city jobs
http://www.gloucestertimes.com/punews/local_story_067223106.html?keyword=topstory
McClatchy to Cut 15% of Jobs
•publisher of the Sacramento Bee and Miami Herald
•plans to cut 1,600 jobs
•slash executive and director pay and halt bonuses
http://www.bloomberg.com/apps/news?pid=20601087&sid=aWpD9HMQPf9g&refer=home
Eastman Chemical Co. will cut 200 to 300 jobs
•cut costs by another $100 million.
•Doubles Expected Cost Cuts
http://money.cnn.com/news/newsfeeds/articles/djf500/200903090930DOWJONESDJONLINE000276_FORTUNE5.htm
M&T slashing 521 Baltimore jobs
http://www.bizjournals.com/albany/stories/2009/03/02/daily52.html
Capital One slashes dividend by 87 percent
•Cutting quarterly dividend 37.5 cents per share to 5 cents per share
http://www.cnbc.com/id/29593507
American International Group Inc. is begging for money
•appealed for its fourth U.S. rescue
•told regulators the companys collapse could cripple money-market funds
•$61.7 billion fourth-quarter loss
http://www.bloomberg.com/apps/news?pid=20601087&sid=av8IskE9DZ4A&refer=home
Oil at $50 Looms as OPEC Plans Cut, Keeps to Quota
•$147.27 a barrel in July
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a5u4bZuIPkwY
World Bank: Economy worst since Depression
•”The global economy is likely to shrink this year for the first time since World War II,”
http://money.cnn.com/2009/03/09/news/international/global_economy_world_bank/index.htm?postversion=2009030907
N. Korea warns intercepting ’satellite’ will prompt counterstrike
•communications satellite into space,
•Americans are calling it a missle test
http://www.breitbart.com/article.php?id=D96Q4L200&show_article=1
Media Reporting: Recession on track to be longest in postwar period
http://apnews.myway.com/article/20090308/D96Q45M00.html
Quote of the Day: Warren Buffett Says Economy Has Fallen Off a Cliff
We are doing things now that are potentially very inflationary,
http://www.cnbc.com/id/29592831
http://www.bloomberg.com/apps/news?pid=20601087&sid=a7Osj04vDEK8&refer=home
Question of the Day: When will the economy be Obamas economy?
Duration : 0:4:57
The USA dollar is going to collapse. This video is intented for the Canadian audience
Duration : 0:11:39
http://a1b5jj.blogspot.com/
Kanjorski has since tried to make the same point several more times, and Kashkari as well, but no one is paying attention, see the following:
http://a1b5jj.blogspot.com/2009/03/confusion-in-ranks-tarp-prevented-total.html
NOTE – Kanjorski’s recollection of the dates may be inaccurate. The NYT shows the bank run as happening on the 17th 18th not the 11th. Some have alleged a 911 connection making the bank run an attack on the nation, but the failure of Lehman seems to have triggered widespread panic which accounts for the bank run. Limbaugh asserted a George Soros conspiracy theory which is pretty laughable.
See this article:
http://www.nytimes.com/2008/10/02/business/02crisis.html?_r=2
also
http://a1b5jj.blogspot.com/2009/03/911-connection-to-september-2008-bank.html
Wow, the nation’s #1 bloviating traitorius demagogue, Rush Limbaugh played this very clip on his 2/10/09 show and has a direct link to it on his website!!!! No wonder it got 30,000 hits in one day!
Also, Olbermann used this clip on his 02/10/09 show, maybe after hearing it on Limbaugh’s show. Olbermann’s guest commentator was skeptical about Kanjorski’s accuracy on the 550 billion number.
Now quite a few news sites have links to this clip.
At least, as far as I can tell the clip I posted is the only one on Youtube (though it has been cloned a few times via LiveLeak), and Olbermann featured a Youtube version which very likely is the same one I posted! WhoooHoooo!
in response to the usual CSPAN hysterical caller, Rep Kanjorski gives his perspective on the bailout, it is especially interesting to hear how the money market drawdown threatened to collapse the entire world economy in 24 hours back in the fall of 2008, which was the motivation for the first 350 billion.
Duration : 0:6:9