Duration : 0:10:1

Technorati Tags: bear, Ben, bernanke, bubble, bull, collapse, commodities, crash, Crisis, currency, Depression, dollar, doom, Economic, economy, euro, faber, gold, Hang, Inflation, Market, nasdaq, nyse, oil, Paul, peter, recession, rogers, Ron, Roubini, Sang, schiff, silver, stagflation

Duration : 0:8:4

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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

Technorati Tags: america, Bank, bubble, Chomsky, Class, Country, Crisis, Depression, economy, federal, Government, greed, housing, Inflation, Jesus, Lenders, Market, monetary, Money, Predatory, profit, recession, reserve, Resources, Senator, Speculators, stagflation, Swindler, system, tax, USA, War, working

Duration : 0:10:59

Technorati Tags: Alan, america, bailout, Bank, bankrupt, Ben, bernanke, bill, bretton, britain, bullion, collapse, comex, crash, Credit, Crisis, currency, deflation, Depression, dollar, Economic, economy, embry, England, federal, FIAT, Financial, GATA, gold, goldman, Greenspan, hyperdeflation, hyperinflation, imf, Inflation, james, John, JP, LTCM, manipulation, Market, Meltdown, Morgan, murphy, recession, reserve, Rockefeller, Rothschild, Sachs, silver, stock, turk, UK, USA, weimar

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

Technorati Tags: chris dodd, Depression, economic wasteland, matt welch, Peter Schiff, reason.tv, reasontv, recession, Ron Paul

Duration : 0:6:10

Technorati Tags: Commentary, commodities, currency, Depression, FIAT, gold, inflationary, Market, silver, stock, stocks

Duration : 0:4:55

Technorati Tags: Bank, Cash, crash, Crisis, Depression, economy, federal, Money, on, recession, reserve, run, shortage, supply

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

Technorati Tags: AIG, AirelonTrading, Alaska, aravoth, bubba008009, Bush, Capital, celente, collapse, davincij15, Depression, feveriam, financialhippie, Flint, george4title, gerald, GeraldCelenteChannel, job, jobs, Ketchikan, loss, manoftruth, McClatchy, Michigan, Obama, one, recession, SafeArmsReview, Steven6229, stimulus, supafaith, thefordshowcom, TLHMax, UROUTofTIME, visionvictory

Duration : 0:11:39

Technorati Tags: 2009, 2012, calendar, canada, collapse, currency, Depression, dollar, economy, FIAT, gold, Great, mayan, off, recession, States, United

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

Technorati Tags: bailout, Bush, collapse, cspan, Depression, Economic, Great, kanjorski, Limbaugh, Meltdown, olbermann, TARP