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A Video Summary Of America's Own Economic Tsunami

Tyler Durden's picture





 

CSL Financial presents a comprehensive look at the last century in US history (98 years to be precise, since the foundation of the Federal Reserve in 1913), highlighting the key events, and critical outcomes, explaining in simple terms how while Japan may have encountered an actual tsunami earlier today, the metaphoric version that has afflicted America is far more dangerous and will have far worse consequences for America's 300+ million citizens.

 

 


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Fri, 03/11/2011 - 18:25 | Link to Comment Arch Duke Ferdinand
Fri, 03/11/2011 - 20:19 | Link to Comment morkov
morkov's picture

43,5 million people on food stamps.

Let's do some math

last week's printing - 80 billion

equals 40-ish million weekly sallaries.

so 15% of the polpulation live on "printed" money???

big inflation, no?

Fri, 03/11/2011 - 21:11 | Link to Comment Mark McGoldrick
Mark McGoldrick's picture

Is it ironic, hypocritical and downright fishy for a these libertarian videographers (the same guys from NIA and a dozen other affiliate sites) to create an overly-sensational video supposedly warning everyone of impending financial doom, and then encourage you to sign up for their penny-stock pumping mailing list?

Libertarians are so weird.  They hate everyone except coin dealers, NRA members and - oddly - penny stock pumpers.   

 

Fri, 03/11/2011 - 22:55 | Link to Comment akak
akak's picture

It is a very good thing that you are merely jousting with strawmen and not anyone actually real, as the blunted lance of your dull intelligence would most certainly not be up to the task.

Sat, 03/12/2011 - 01:18 | Link to Comment Mark McGoldrick
Mark McGoldrick's picture

I have found it nearly impossible to have an extended coherent debate with a typical libertarian doomer goon, and that is why I speak mostly in generalities these days. The neural activity (or lack thereof) in a libertarian is generally confined to the lower brain stem - the first rung of neural evolution, where reptilian instincts of survival and paranoia are far more prevalent than more advanced cognitive abilities like reason, compassion and critical thinking. If you actually measure the slope of a libertarian forehead, you will find it to be 4 or 5 standard deviations away from most of society (somewhat like a cat) - this is due to a rather notable absence of the frontal lobe.     

If the subject matter isn't about shiny coins, guns, bunkers, hatred of all socioeconomic classes or apocalyptic cartoons, I have found any discussion with a libertarian quickly spirals into the ditch. At one time, I had thought the use of colorful visuals/charts and simple cartoons would help communicate with a libertarian, but Tyler has repeatedly denied me these advanced posting privileges. 

So...

....that is why I'm left with generalities.  It's just easier.   

 

Sat, 03/12/2011 - 07:29 | Link to Comment EvlTheCat
EvlTheCat's picture

You probably find it hard to have a conversation with anyone considering you spend most of your time calling people names, criticizing and insulting them.  I suppose in your circle of Liberal Progressives friends this is an acceptable practice.  One only has to look at your leadership, the ex-President of NPR, to garner an understanding of why you feel it is an acceptable practice..  It's understandable you would want to lash out at, something you just can't wrap your mind around, and at that feeling deep down inside your soul that keeps telling you, you helped bring about the economic decline of America.  It's ok, we don't blame you. We know your dysfunctional Liberal Progressive educational system has provided only garbage for your young mind to be nourished upon.  Just sit back, don't get angry and enjoy the ride down to the bottom.  We will wave and blow kisses at you as we ride to the top.

oh yes, and a little advice..  Maybe you want to hedge your bets in real life and befriend a Libratarian.  Just incase we aren't as crazy as you want us to seem.  He/She might, just might, be nicer then you are, and allow you share in their stockpile of craziness when a disaster, any disaster, happens.

Sat, 03/12/2011 - 09:46 | Link to Comment Max Hunter
Max Hunter's picture

The neural activity (or lack thereof) in a libertarian is generally confined to the lower brain stem -

Well Mark, if so called intelligent thinking is what got us to the brink of social retardation you can have it.

So, instead of actually debated the points in the video you attack the creator. What part of the brain did that reaction of yours come from?

People like you are quick to categorize and label others as to deter them from objectivity and give them comfort in the consensus you provide..

Here you go Mark; I will make you famous in your Troll Society.. You can coin the label "Stemmers" and start using it on us..  See how nice we Libertarians are?

Sat, 03/12/2011 - 20:23 | Link to Comment Zero Govt
Zero Govt's picture

Mark McGoldrick

Congratulations for appointing yourself a deep thinking genius and all libertarians knuckle dragging simpletons. Let's see how you deal with this 'simpleton' statement:

Everything Government touches turns to crap

As you're pro-Govt and you've 300 countries to choose from, 100 Depts in every Govt and the past 300 years of human history to work with, give me one instance where the above statement is not an absolute truth. Easy peasy for a man of your (self anointed) intellect right?

Sat, 03/12/2011 - 09:21 | Link to Comment gaoptimize
gaoptimize's picture

You can use any technique you want to avoid confronting the economic math leading to collapse.  I am a libertarian doomer, as you call me, but prefer to be thought of as a common sense Constitutional conservative.  I'll match my intellectual credentials and technical output above 99% of the population.  The greater geniuses of the economic and political elite have demonstrably created an unsustainable system to concentrate wealth for themselves.  The big Government left has provided them the institutions and tools to accomplish this.  You are an enabling tool.

Sat, 03/12/2011 - 09:48 | Link to Comment tmosley
tmosley's picture

Yup, your way is much easier.  Being right is HA~ARD!

You've been a member for more than a year, but I've never seen you post before.  You just pop out of no-where to randomly insult a group of people for no apparent reason?  

Contribute something worthwhile, and quit with the stereotyping.

Sat, 03/12/2011 - 11:46 | Link to Comment Savyindallas
Savyindallas's picture

Sure thing mcgoldrick  -how can these neanderthals question the brilliant genus of Bernanke, Greenspann , not to mention the Goldman boys (Rubin, paulsen , etc.) who are doing God's work.  Those of us among the enlightened know full well that are are on our way to a lasting recovery - and that QE2, QE3, QE4 and maybe  a few other QEs are all we need. You  can't eat gold. As Cheney told us  -deficits don't matter. We need more bailouts -the best and the brightest at Goldman sachs know better than we as to how to spend our money. Don't bet against America. If the recovery stalls, we'll just invade another one of those f*cking A-rab countries (you know -to bring them democracy) Those boots you hear are the sound of freedom marching - they hate us because we are free. If all else fails, we can always amend the Constitution to to grant everyone the constitutional right to a nice home, a reasonable pension and quality healthcare. The jobs this will create will solve all our problems for decades to come. We are a shining city on a hill with a thousand points of light to guide us. Let's mandate that the malls remain open 24 hours a day. Give every unemployed college grad a government guaranteed credit card from BA or JPM with a $25,000 credit limit. the only thing stopping us are the goldbugs and doomsdayers with all their negativity. I'm heading out to the mall. If you love america, you'll join me. God bless AmeriKa.          

Sat, 03/12/2011 - 14:02 | Link to Comment EvlTheCat
EvlTheCat's picture

:)

Sat, 03/12/2011 - 02:06 | Link to Comment Vlad Tepid
Vlad Tepid's picture

I appreciate what they have to say...I just wish they would get different guys (sexy gals...please?) to do the voiceovers.  All the orgs you listed and this one use the same guy.  Is there only one nasally sounding libertarian among us?  Let's do our part to help more voiceover actors go from being unemployed to underemployed.

Sat, 03/12/2011 - 02:54 | Link to Comment baby_BLYTHE
baby_BLYTHE's picture

What is wrong with intelligence?

Is this the Little Rascals or something?

http://www.youtube.com/watch?v=wBIC8JTQMMQ

For you old timers in your 30s +++^^^

Sat, 03/12/2011 - 03:53 | Link to Comment tickhound
tickhound's picture

Libertarians are so weird

Wow, how profound.

And I thought we were all here because "we all know something's wrong"

And by ALL I mean you too, you shallow schlep. 

Sun, 03/13/2011 - 22:01 | Link to Comment morkov
morkov's picture

i simply asked if my math is right...

Fri, 03/11/2011 - 18:28 | Link to Comment djsmps
djsmps's picture

Nothing about Charlie Sheen?

Fri, 03/11/2011 - 18:38 | Link to Comment mynhair
mynhair's picture

NFL talk breakdown bumped Sheen off.

Fri, 03/11/2011 - 22:24 | Link to Comment Careless Whisper
Careless Whisper's picture

@ djs

charlie has single handed done more than anyone to help our economy. cottage industries are popping up all over because of him. this guy started a charlie sheen update youtube chanel. i think he deserves credit for giving it a try.

http://www.youtube.com/watch?v=JnU6T0_DRm0

 

 

Fri, 03/11/2011 - 18:32 | Link to Comment Debtless
Debtless's picture

Did i hear this stat correctly in the past few days...the top 450 American individual's net worth is equal to the bottom 150 million American's people's net worth.

Aren't there only about 340 million Americans?

Fri, 03/11/2011 - 18:42 | Link to Comment Papasmurf
Papasmurf's picture

There are many more if you count all those voting.

Fri, 03/11/2011 - 18:42 | Link to Comment chet
chet's picture

I think it was the top 400 (Forbes 400) have wealth nearly equal to the bottom 50%, or 155 million.

Sat, 03/12/2011 - 11:47 | Link to Comment downwiththebanks
downwiththebanks's picture

And you know whose fault it is:  working people in Wisconsin.

Fri, 03/11/2011 - 18:32 | Link to Comment boeing747
boeing747's picture

Now we know why dead birds dropped from sky. What we saw happenings today in Japan may happen to financial system 5 years later.

Fri, 03/11/2011 - 18:34 | Link to Comment covert
covert's picture

yes, but, we, will adjust and prosper.

http://covert2.wordpress.com

 

Fri, 03/11/2011 - 18:42 | Link to Comment HyperinflatmyNutts
HyperinflatmyNutts's picture

When does the rest of America wake up? U better have your Silver Armor on!!!

Fri, 03/11/2011 - 18:51 | Link to Comment Papasmurf
Papasmurf's picture

Rock, paper scissors, gold, silver,  lead.  Lead protects silver & gold.  Food & water is more important and will soon be in short supply. 

 

Fri, 03/11/2011 - 20:06 | Link to Comment Dr. Porkchop
Dr. Porkchop's picture

We'll revert to middle ages style, where everyone drinks alcohol because the water's no good.

Fri, 03/11/2011 - 21:48 | Link to Comment mark mchugh
mark mchugh's picture

Paper covers gold?

Sat, 03/12/2011 - 02:45 | Link to Comment A_MacLaren
A_MacLaren's picture

Acapulco Gold.

My Maple Leafs, Krugs and Eagles are nudists.

Fri, 03/11/2011 - 18:47 | Link to Comment Henry Chinaski
Henry Chinaski's picture

Like I said before.  EQ in 2008. Tsunami on the way.  Head for high ground if you aren't already there.

Fri, 03/11/2011 - 18:49 | Link to Comment Strongbad
Strongbad's picture

Don't worry, The Bernank is going to bang some 7-gram rocks and get this country back to bi-winning in no time.

Fri, 03/11/2011 - 20:33 | Link to Comment TheMerryPrankster
TheMerryPrankster's picture

I think the Bernank is smoking 8 gram rocks or he may be snorting them off of Hank Paulsons tiny little tallywhacker (even Viagra won't make your wood longer, only stiffer longer)

 

Is the Fed a paper tiger? Was electronic banking created so we wouldn't have to clear cut all our forests to create fiat?

Fri, 03/11/2011 - 19:13 | Link to Comment DavidPierre
DavidPierre's picture

But whatever...!

Just never bother to name the Criminal Family NAMES!

The identities of the shareholders of the Mafia front companies which creates and controls the American money supply is, as is only reasonable...

Kept secret from the American public.!!!

And, just as reasonably, much of the Fed's financial activity is legally exempt from scutiny or audit by the General Accounting Office (GAO).

After all, what right do ordinary Americans have to know anything about the private company which issues all U.S. money and, for all practical purposes, controls the U.S. economy.
The original shareholders of the Federal Reserve company were the...

Rothschilds' bank in London,

Lazard Brothers' bank of Paris,

Israel Moses Seif Bank of Italy, 

Warburg Bank of Hamburg, London and Amsterdam,

Lehman Brothers Bank of New York,

Kuhn Loeb Bank of New York, 

Rockefellers’ Chase Bank of New York 

Goldman Sachs Bank of New York.

"Give me control of the economics of a country
and I care not who makes her laws."   Mayer Amsel Rothschild .................................. Financial advisor extraordinaire!
Fri, 03/11/2011 - 20:12 | Link to Comment lynnybee
lynnybee's picture

I applaud you for "naming names" ........ good, it's about time !  Can ROBERT RUBIN be added to that list ?     & what is the one common denominator that binds this gang of criminals together ?   ........... if I say it, I will be junked .   

Fri, 03/11/2011 - 20:31 | Link to Comment The Rock
The Rock's picture

Btw, the full quote of Papa Rothschild is

"Permit me to issue and control the money of a nation, and I care not who makes its laws, for I shall rule."

Fri, 03/11/2011 - 21:34 | Link to Comment DavidPierre
DavidPierre's picture

Papa Rothschild... hard to keep up with the open admissions of this guy... Don of the Rothschild Mafia Family.

And he had 19 magic elves working overtime in his NYC workshop.

.....................................................

The Wall Street Crash is the opening act in the Great Depression, the latest production of the boys in the back room who own the private company operating under the deceptive name of the Federal Reserve.

The Federal Reserve was supposedly created to prevent such things as the Wall Street Crash happening. But, from 1921 to 1929, the Fed dramatically increases the U.S. money supply, fueling massive speculation.

Throughout the 1920s, Americans with modest income and savings are lured into the stock market in large numbers by the ruling class including the Rockefellers, the Morgans and the Dillons.

People who know nothing of the true forces and limitless skulduggery behind financial markets and cannot afford to lose the money they invest are persuaded to pay artificially inflated prices for hundreds of millions of shares.

Suckers are lured into the market with the trick of buying on margin.

 A purchaser puts down 10% of the value of the shares being bought and then counts on the continuing inflation of share prices to make a profit.

It's like getting something for nothing.

 With millions of suckers lured into the market, share prices are driven up and, for a while, John Q. Sucker, looks like he is coming out ahead.

However, that is not the nature of the financial world. In fact, the Rockefellers, the Morgans, the Dillons and their minions, (the Bush crime family) are fleecing ordinary Americans of hundreds of millions of dollars in an orgy of financial scams many of which will be later uncovered in the long-suppressed Pecora Hearings.

 Massive manipulation and speculation drives share prices to unsupportable levels.

A few months before the Crash, word has it that the Rockefellers, Joe Kennedy and all the other scam artists quietly exit the market, selling when the artificially inflated prices are sky high.

 On October 24th, the big banks, owned by the same criminal co-conspirators, call the loans to the suckers. Inevitably, a selling panic ensues and the whole house of cards collapses.

Gee, what a surprise.

But... This is not History only just another Conspiracy Theory... don't fret about it.

{ps:

I is got me tons of dem fine penny moose-pasture mining type stocks tips to sells ya.  Just you be send me you's e-mail addressees and I will makes my $ boot-legging 'em to my busyness asssoshits in Nigeria to keep in contacts with ya.}

Fri, 03/11/2011 - 19:53 | Link to Comment Shell Game
Shell Game's picture

And the means to do it.

http://www.appleseedinfo.org/

Fri, 03/11/2011 - 23:21 | Link to Comment GreenSideUp
GreenSideUp's picture

+4 excellent books.  Love the Uncle Eric series. 

Fri, 03/11/2011 - 19:06 | Link to Comment plocequ1
plocequ1's picture

Will this effect my IPAD2 delivery? ( 2-3 weeks ).

Fri, 03/11/2011 - 19:05 | Link to Comment velobabe
velobabe's picture

thanks tyler, for making me cry again†

Fri, 03/11/2011 - 19:14 | Link to Comment 1223pm
1223pm's picture

Benjamin Franklin's warning to the Constitutional Convention in 1789 concerning the Jews

"I fully agree with General Washington, that we must protect this young nation from an insidious influence and impenetration. The menace, gentlemen, is the Jews. In whatever country Jews have settled in any great numbers, they have lowered its moral tone; depreciated its commercial integrity; have segregated themselves and have not been assimilated; have sneered at and tried to undermine the Christian religion upon which that nation is founded by objecting to its restrictions; have built up a state within a state; and when opposed have tried to strangle that country to death financially, as in the case of Spain and Portugal........

for more click

http://www.vanguardnewsnetwork.com/wolzek/GWashington_BenFranklin_onJews...

Fri, 03/11/2011 - 19:22 | Link to Comment baby_BLYTHE
baby_BLYTHE's picture

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.

 

http://wiki.monticello.org/mediawiki/index.php/Private_Banks_%28Quotatio...

Fri, 03/11/2011 - 19:56 | Link to Comment 1223pm
1223pm's picture

How can someone " Junk" Benjamin Franklin's warning concerning the Jews that has been called a marvel of prophecy.

Fri, 03/11/2011 - 20:31 | Link to Comment NrYC
NrYC's picture

Because it was proven to have been a forgery. He never said it. Spain threw them out - did that lead to an era of prosperity? Oh, right, their empire crumbled anyway. Full disclosure, I am a gentile.

Fri, 03/11/2011 - 21:02 | Link to Comment 1223pm
1223pm's picture

According to their awn account, they are kicked out of the country that gave them refuge more than 200 times. I read they were expelled from Spain, in 612 C.E. Once again they were tried to stop what they were doing in 681 C.E. but no success and than in 1063 C.E. they were massacred for the same reason they did in Germany and now what they are doing with US economy through FED.

See the following link. This is a Jewish site.

http://www.simpletoremember.com/articles/a/HistoryJewishPersecution/

Fri, 03/11/2011 - 22:35 | Link to Comment Michael
Michael's picture

I know I'll be junked for disclosing well documented history, but whatever. The masters of deception hate having light shown on them on them.

1/4 - Who Brought The HEBREW Slaves To The Americas & The Caribbean?

http://www.youtube.com/watch?v=FPqZs7k0lUU&feature=related

2/4 - Who Brought The HEBREW Slaves To The Americas & The Caribbean?

http://www.youtube.com/watch?v=I4EaxDTrseg&feature=related

3/4 - Who Brought The HEBREW Slaves To The Americas & The Caribbean?

http://www.youtube.com/watch?v=ZUOQpe09N1E&feature=related

4/4 - Who Brought The HEBREW Slaves To The Americas & The Caribbean?

http://www.youtube.com/watch?v=X2GCfJpHXos&feature=related

Fri, 03/11/2011 - 21:48 | Link to Comment baby_BLYTHE
baby_BLYTHE's picture

DP

Fri, 03/11/2011 - 22:11 | Link to Comment Careless Whisper
Careless Whisper's picture

why did you change your posting and take down the link? i thought what he says is interesting.

http://www.youtube.com/watch?v=88AsArwYsTc

 

Fri, 03/11/2011 - 19:13 | Link to Comment JimboJammer
JimboJammer's picture

Silver  at  $  36.  to  $  40.  /  oz  is  still 

cheap...  Still  better  than  paper..

Fri, 03/11/2011 - 20:41 | Link to Comment TheMerryPrankster
TheMerryPrankster's picture

Silver is now about the price gold was when Nixon took the U.S. off the gold standard. It took 40 years for gold to reach 1400$,  I think silver will make that price range in considerably less time, but certainly within 20 years. One U.S. silver dollar is now worth 25 paper dollars.

Sun, 03/13/2011 - 12:12 | Link to Comment Tail Dogging The Wag
Tail Dogging The Wag's picture

Someone recently asked "when should I sell my silver?"

I believe there is no right time to sell. Would you sell your silver when it reaches $75, $500 or $2,000/oz? By the time we get to that stage, you might sell at $500 and the next day silver will be at $505/oz. Silver is real money. You won’t sell your silver, you will use it to buy food, water, and energy.

If you were to “sell” you’d be trading real money (silver) for US Dollars backed by debt and rubbish. Paper money today is all rubbish, all paper currencies in the world today are backed by flatulence. Ask a German, or Austrian about the Mark in the Weimar Republic. Talk to an Argentine about the bank runs in 2001 and how the banks confiscated their savings, or how again in 2011, just a decade later, the price of goods is different every day. It got so bad in 2001 that you would ask for a coffee it would be X amount, and by the time you ordered the second coffee, the price had gone up! It’s the greatest pyramid scheme in the history of humanity, and Wall Street, the Federal Reserve, and the banksters are at the top. When they print the money, they get the goods and by the time the paper money trickles down to the people at the base of the pyramid… people start screaming MUBARAK LEAVE and take to the streets. Wake up USA.

Fri, 03/11/2011 - 19:23 | Link to Comment gwar5
gwar5's picture

Bernanke: "Winning."

Sat, 03/12/2011 - 09:06 | Link to Comment The Rock
The Rock's picture

LOL

Fri, 03/11/2011 - 19:59 | Link to Comment Zon
Zon's picture

so what about that day of rage? nothing happened?

Fri, 03/11/2011 - 20:24 | Link to Comment NOTW777
NOTW777's picture

it was in madison yesterday

Fri, 03/11/2011 - 20:47 | Link to Comment TheMerryPrankster
TheMerryPrankster's picture

As unrest escalated across the Middle East, activists in Saudi Arabia demanded a political voice as well. Rather than promises of democracy, they got a $36 billion handout and a slap down from Islamic clerics.

 

http://www.bloomberg.com/news/2011-03-11/saudi-king-counters-protests-wi...

 

36 billion will soothe a rage for awhile, though it will smolder until smothered or the powder keg erupts. Even Kings do not live forever, especially Kings who live in castles built on sand, no matter how much oil lies beneath.

Fri, 03/11/2011 - 20:34 | Link to Comment glenlloyd
glenlloyd's picture

With all the past fretting and fussing about communism / socialism no one ever thought to give Lenin's comment any serious thought, "that the best way to destroy the capitalist system is to debauch the currency."

I think uncle bennie must be a commie!

Fri, 03/11/2011 - 20:37 | Link to Comment Lone Mad Minute...
Lone Mad Minute Medic's picture

Spain tossed the Jews out in 1492 because they opened the doors to the Muslims in 700.

Sat, 03/12/2011 - 01:59 | Link to Comment 1223pm
1223pm's picture

Jews went to Spain when Spain was a super power and was ruling the world as they came to US. Muslim in Spain had a monetary system with out interest. Jews introduced monetary system based on interest just like they did in US. Jews destroyed their financial system just like they are doing in the US. They were kicked out from Spain for this very reason as they were kicked out from Germany, and they will be kicked out from the US very soon as they are 79 times before in the world.

Sat, 03/12/2011 - 11:30 | Link to Comment Antipodeus
Antipodeus's picture

Spain tossed the Jews out in 1492, after conveniently confiscating their property, because they were not 'Christians'.  Just as the Moslems were tossed out, or forcibily converted (penalty for reversion to Judaism or Islam?  To be burnt at the stake - enlightened, eh?).

Ferdinand & Isabella finally drove the Moors out of Spain & formed a single, CATHOLIC CHRISTIAN kingdom in 1492.  They then commenced a nationwide house-cleaning, which today we would call 'ethnic cleansing'.  The 'choice'?  "CONVERT, LEAVE, OR DIE."

The same year Columbus 'discovered' the New World. And the Moslems could take Spain because the Visigothic aristocracy, a hold-over from the end of the Roman Empire in the West, was disunited, venal, and weak.  Many Spanish poor welcomed them as liberators from Visigothis oppression.  The Moors were initially so successful that they got as far as central France brfore they stopped by the Frank Charles "the Hammer" Martel, the grandfather of Charlemagne, at the Battle of Tours in 732AD.  They retired south of the Pyrenees, where they sway for another 750 years.

 

 

Sat, 03/12/2011 - 12:37 | Link to Comment falak pema
falak pema's picture

Very original historical analysis. Pity its all BS. The muslims knocked out the Visigoths. The jews only came there because they got better treatment than in christian europe. It was called "convivencia" by the Moors in their al-Andalus kingdom. It was a bit like "tolerance" nowadays. The jews opened no doors. The muslims were a conquering army who came to an empty country; a bit like the English colonials in the Mayflower adventure. The original red indians didn't know what this invasion meant...until too late.

Fri, 03/11/2011 - 20:39 | Link to Comment no cnbc cretin
no cnbc cretin's picture

That video was BS. It had some good points but mostly spin.

Fri, 03/11/2011 - 20:50 | Link to Comment jesse livermoore
jesse livermoore's picture

voice sounded like the guy from NIA

Fri, 03/11/2011 - 21:21 | Link to Comment baby_BLYTHE
baby_BLYTHE's picture

George4title got fired or something...

http://www.youtube.com/watch?v=QWIenEil1fc

^Even they don't buy into their own snake oil anymore.^

No one will tell us the truth about what is coming. It is all filthy lies, I hate it!

Fri, 03/11/2011 - 23:53 | Link to Comment AmazingLarry
AmazingLarry's picture

It is. Ok yea, I get the message and I 'preciate it....but stop delivering it in the form of a wet, juicy turd for the fucks sakes!

Fri, 03/11/2011 - 22:02 | Link to Comment Paul Bogdanich
Paul Bogdanich's picture

First off I have been one of those guys that always points out that these poeple who look for outlier events always ignore geophysical risk when over a period of time like 30 years it's a certainty just unpredictible as to when within the 30 years.  Anyway, this Japan event is very worrisome.  It started with a 7.2 at approximately 38.5 degrees North about 32 hours ago and then there were a lot of 6 and 5 magnitude quakes which everyone assumed were aftershocks of the 7.2.  And then the 8.9 hit and there have been dozens of magnitude 6 aftershocks, 2 magnitude 7 and not less than 50 magnitude 5 quakes after that.  The problem is if you look at the distribution there is a cluster (like 30 events) developing below 37.5 degrees.  These may not be aftershocks.  We may not be done with this yet.  Now remember this is earthquake time we are talking about here so three years from now is statistically indistinguishable from 3 minutes from now but sometime before a half dozen years go by there will be another major event below 37.5 degrees and probably much closer to shore (this one was 8 miles off shore) and the major population centers.  Also over that time-frame I bet Alaska has another 1964 event only this time that would stop the oil flow for about 9 months.  The tsunamis and ground motion (which were horrific) would be about the same but the damage would be a lot worse as there is more to damage this time round.           

Fri, 03/11/2011 - 22:32 | Link to Comment Atomizer
Atomizer's picture

A friend of mine sent this to me today. I completely missed this story.

The Senate gave final approval Thursday to a bill taking the first step to recognize gold and silver as legal tender in the state. It voted 16-7 to pass HB317, and sent it to Gov. Gary Herbert for his signature.

http://www.sltrib.com/sltrib/home/51404825-76/gold-silver-tender-coins.html.csp

FUBM!! Hope this expands to other states.

 

Fri, 03/11/2011 - 22:51 | Link to Comment JR
JR's picture

I have been asked: "How could we get rid of the Federal Reserve? What will replace it?" The answer: either the free market or Congress… -- Gary North

Conclusion from How to End the Federal Reserve System by Gary North | LewRockwell.com | March 9, 2011

An End Run Around the FED

I do not expect Congress to revoke the Federal Reserve Act of 1913 in this decade. The powers that be who run this country do so by means of the Federal Reserve System more than by any other semi-private institution. It is at the center of control, because the monetary system is at the center of the economy.

But the central bank faces a problem. To maintain the boom, the FED must inflate. To cease inflating would allow the credit bubble to implode on a scale far more devastating than what happened in 2008. The FED has placed us all on the back of the tiger.

Yet if it does not reverse its policy, it must produce hyperinflation at some point. That will destroy the FED's ability to guide the economy. Hyperinflation will lead to alternative currencies. Digital technology is now international. If buying and selling digital U.S. dollars is no longer profitable, because long-term contracts are not possible under hyperinflation, then the citizens of the United States will do what citizens of Zimbabwe did. They will use other currencies.

If the FED produces a Third World economy through hyperinflation, then people will do what Third World citizens do: find reliable currencies elsewhere. This can be done on-line nearly for free. The Internet has reduced the transaction costs of using rival currencies.

The FED economists know this. They know that transaction costs for using other currencies are low. If the FED's policies undermine long-term contracts, the citizens are not helpless. They can switch.

It will not take legislation to end the FED. All it will take is the FED. If the FED continues to inflate, it will destroy its base: the monetary system based on the FED. But if it ceases to inflate, by ceasing to buy Treasury debt, it will create Great Depression 2.

QE2

Bernanke can get away with QE2 today only because commercial banks are not lending. If they start lending, M1 will rise, the M1 money multiplier will rise, and price inflation will return.

He has bought time with QE2, but he has not bought a way out of the credit bubble that Greenspan created and he created.

He can play hide and go seek with Ron Paul, refusing to show up at the hearings of the Monetary Policy Subcommittee. Congress cooperates. But he cannot play hide and go seek with the business cycle. Greenspan did, but he got out in 2006. He passed on the Old Maid to Bernanke.

The Federal Reserve System bases its power on its ability to control the monetary base. It swapped T-bills for toxic assets to save the big banks, but to replenish its supply of swappable liquid assets, it has to inflate, as it is now doing. QE2 is replenishing the supply of Treasury debt to swap with large banks.

The FED did not bail out any small banks in 2008. It never has. Its unofficial mandate is to bail out the largest commercial banks. This it has done.

I think Bernanke sees another banking crisis coming. This is why he has pushed QE2. Only Hoenig has voted against it. Bernanke has his way with the other members of the Board of Governors and the Federal Open Market Committee. He has not said why this massive increase in the monetary base is mandatory for the economy. To talk about this would create doubts. He does not want to rock the boat. So, he gets away with another $600 billion in monetary base creation.

This is working for now. But the results are unavoidable: either price inflation or continued high unemployment and stagnation, because commercial banks thwart the stimulation. He is on the tiger's back. So are we.

Conclusion

The Post Office looked unbeatable for over 250 years. Technology has made it peripheral. The same will happen to the Federal Reserve System. It looks unbeatable. But the Internet can beat it. There are ways out of the FED's trap.

A lot of people will pay a heavy price for Bernanke's policies. That will be the price of persuading those people with the bulk of their assets in digital dollars to sell those assets and replace them with other digits.

This is why I do not think the FED will resort to hyperinflation. The economists know that the FED's victims can escape. The FED will risk mass inflation, but at some point it must say: "We will buy no more Treasury debt." That will be the moment of truth. That will be the day it climbs off the back of the tiger.

So will we all.

http://www.silverbearcafe.com/private/03.11/endthefed.html

 

Fri, 03/11/2011 - 23:11 | Link to Comment Das Capitalist
Das Capitalist's picture

This video is pointless.  It spouts opinions along with information that does not back them up.  No coherence.  Waste of 6+ minutes.

Fri, 03/11/2011 - 23:36 | Link to Comment baby_BLYTHE
baby_BLYTHE's picture

Agreed!

Sat, 03/12/2011 - 01:51 | Link to Comment JW n FL
JW n FL's picture

Executive Order 11110 AMENDMENT OF EXECUTIVE ORDER NO. 10289

AS AMENDED, RELATING TO THE PERFORMANCE OF CERTAIN FUNCTIONS AFFECTING THE DEPARTMENT OF THE TREASURY

By virtue of the authority vested in me by section 301 of title 3 of the United States Code, it is ordered as follows:

Section 1. Executive Order No. 10289 of September 19, 1951, as amended, is hereby further amended-

By adding at the end of paragraph 1 thereof the following subparagraph (j):


(j) The authority vested in the President by paragraph (b) of section 43 of the Act of May 12,1933, as amended (31 U.S.C.821(b)), to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury not then held for redemption of any outstanding silver certificates, to prescribe the denomination of such silver certificates, and to coin standard silver dollars and subsidiary silver currency for their redemption

and --

Byrevoking subparagraphs (b) and (c) of paragraph 2 thereof.

Sec. 2. The amendments made by this Order shall not affect any act done, or any right accruing or accrued or any suit or proceeding had or commenced in any civil or criminal cause prior to the date of this Order but all such liabilities shall continue and may be enforced as if said amendments had not been made.

John F. Kennedy The White House, June 4, 1963.

Of course, the fact that both JFK and Lincoln met the the same end is a mere coincidence.

Abraham Lincoln's Monetary Policy, 1865 (Page 91 of Senate document 23.)

Money is the creature of law and the creation of the original issue of money should be maintained as the exclusive monopoly of national Government.

 

http://www.youtube.com/watch?v=ZPWH5TlbloU&feature

http://www.john-f-kennedy.net/executiveorder11110.htm

Sat, 03/12/2011 - 04:39 | Link to Comment CustomersMan
CustomersMan's picture

 

        Other Aggravating Situations Continue

 

First Consider This Fact:

 

         In Algeria, the 19-year emergency law was repealed amid continuing protests.

 

Now Consider This:

 

          Since shortly after 9/11/2001, the United States has been under a similar "State of Emergency". And I can assure you that it is NOT to our benefit,...and it is NOT for the safety of the people of the U.S.

 

           Mrs. Clinton made a comment about the "States of Emergency" in ARAB Countries I believe, and how unconscionable and repressive it is that the people there were subjected to such a state of affairs.

 

           And yet, as far as I know, we have just that, in the U.S. with NO END IN SIGHT, in fact, an undeclared "State of Emergency" exists NOW, 10 years after 9/11/2001.

           I believe it's there in case Americans finally realize what happened on 9/11 and who is truely responsible.

 

            Let's get rid of it once and for ALL, NOW.

Sat, 03/12/2011 - 10:00 | Link to Comment Sedaeng
Sedaeng's picture

I agree sir.

Sat, 03/12/2011 - 09:57 | Link to Comment Sedaeng
Sedaeng's picture

Check out Tyler making his mark... has to be him... even has fight club after his name

http://hackedirl.files.wordpress.com/2011/03/epic-win-photos-locker-room...

 

Sat, 03/12/2011 - 10:40 | Link to Comment Winston Smith 2009
Winston Smith 2009's picture

Dun, dun, duuuuuuuuh!

Sat, 03/12/2011 - 12:03 | Link to Comment jplotinus
jplotinus's picture

The one mention of war spending was at around the 5:29 mark of the video. That 1 second remark did two things:  1) Understated the amount spent on warring in Afghanistan and Iraq on an annual basis; and, 2) made no mention at all of the weapons/defense spending that is at an all time high.

The video merits a "junk."

Sat, 03/12/2011 - 12:42 | Link to Comment The Count
The Count's picture

 

 

OK guys, the fact that US politics is run by bankers is actually old news. Whoever really wants to find out, the truth is out there. Just google a couple of the following terms: president hoover, allen dulles, schroder bank, bank jm stein, sullivan & cromwell... you will not be disappointed....

 

wars, bail-outs, disasters... guess who profits from all of these.

 

 

Sat, 03/12/2011 - 17:59 | Link to Comment ImNotExposed
ImNotExposed's picture

Excessive regulation makes my car run slower. That's why I'm removing the throttle and brakes.

Sun, 03/13/2011 - 03:05 | Link to Comment hero HNL
hero HNL's picture

Was this video made by those scammers of inflation.us??????

The voice sounds like it and so does the over flow of video

contents.

 

Please don't post garbage from those people as they are

penny-stock pumpers (Jon Lebed et al).

 

 

hero

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