 |
Prominent Economist: Crisis Caused By Government Interventions
“People who created the problem are now in charge”
Steve Watson
Infowars.net
Monday, Jan 19th, 2009
A prominent PhD economist has slammed the latest round of bank bailouts and argued that they will not work because the financial crisis was caused and prolonged by such activity in the first place.
Marc Faber, founder and managing director of Hong Kong-based Marc Faber Ltd., has argued that propping up weak companies with taxpayer money is foolhardy.
“The financial crisis has occurred because of government interventions,” Faber told CNBC’s “Squawk Box Europe.”
“Specifically central banks, or specifically the US Fed, by keeping interest rates artificially low for too long, they created a huge leverage in the system. So the people who created the problem now are in charge to bail out the system and that’s why I am very skeptical that it would work,” Faber explained.
“The contractions actually serve to build for the future growth, because the weak competitors are eliminated. If you support the weak competitors you essentially penalize the strong competitors and therefore I am very much against these bailout packages.” he added.
Faber, who accurately predicted both the financial crash of 1987 and the current crisis, also warned that U.S. government bonds may be “the shoe to drop some time in 2009 or maybe next year,” warning that they will lose value as foreign investors lose confidence.
He cited gold and other commodities as sound investments and described the U.S. dollar as “a disastrous currency”, but pointed out that other paper currencies are even worse.
Watch the video:
(Article continues below)
Faber, editor & publisher of the Gloom, Boom and Doom Report, has previously said that he believes that there will be a bear rally for a couple of months, and then a further crash.
He also believes that the current crisis could be far worse than the great depression, precisely because of government interventions, and that eventually the U.S. will go bankrupt.
The UK government has announced that it will allow banks to insure against steep losses and will guarantee their debt at a cost of up to £200 billion.
Meanwhile U.S. President Elect Barack Obama is reportedly considering the creation of a government run bank to acquire bad assets.
Prison
Planet.tv Members Can Watch
Fall Of The Republic
Right Now Online -
Don't Miss Out! Get
Your Subscription Today!
CANCER CONSPIRACY? Are
"they" suppressing the cure? Will YOU
be the next victim? Learn
the Secret Truth! - READ FULL STORY
-
- Social bookmarks
- Email this article
-
- Print this page
45 Responses to “Prominent Economist: Crisis Caused By Government Interventions”
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | |||||||
| By N2H | |||||||||||||||||||||||||||||||||||||||||
January 19th, 2009 at 11:41 am
God Told me Cheezy Poofs are a sound investment in the US, Also Sand Boxes so all of the fucking morons can bury there stupid fucking heads!
molotovmouse Reply:
January 19th, 2009 at 3:09 pm
amen!
Charles Reply:
January 19th, 2009 at 8:36 pm
Cheezy Poofs kick ass!
Silver and Gold should be in every survivalist kit, along with some food, etc…so might as well have some cheezy poofs in the mix…
January 19th, 2009 at 11:44 am
The financial crisis was caused by the elite and their underlings organised in the freemasons who they put into key positions in government, rating agencies, supervisory bodies, Fed, banks to crash the economy, so they can then go and buy up all the assets on the cheap – and ask for “bailout” money directly.
They used the same techniques over and over again as a look at the economic crisis in history shows. It’s time for a criminal investigation!
filbert flubottom Reply:
January 19th, 2009 at 2:40 pm
and just who has the balls to do this? spitzer was hot on the trail to do this and they seized him by the balls right quick like. and then they appoint some quasi-blind dude who has more baggage than courtney love to run the show. good move NY.
Maybe Obama will surprise us all and begin his gig and immediately open a US grand jury to get to the bottom of who the major players were, who benefited, who gave the marching orders, etc.
Kokoapelli Reply:
January 19th, 2009 at 6:09 pm
Wouldn’t THAT be nice! Here’z hopin’!
VIVA!!!
Alex (not Jones) Reply:
January 19th, 2009 at 6:35 pm
No such luck. The Big Holy O is wholly owned subsidiary of Goldman Sachs.
Jay Reply:
January 19th, 2009 at 6:58 pm
Obama took the same train line as Lincoln the other day. Maybe Obama will start printing greenbacks and get shot by the banksters like Abe?
January 19th, 2009 at 12:52 pm
The non-productive government sector needs to downsize. Then our taxes need to be lowered to drive productivity. That is the only way out.
Otherwise we will get more of the same (Change We Need yeah right) if we’re lucky. Meanwhile they are just prolonging the problem of insolvency, and making it worse.
Look at how much the unnecessary war costs for starters:
http://www.nationalpriorities.org/costofwar_home
Kokoapelli Reply:
January 19th, 2009 at 6:12 pm
Thanx for the site! I shared it & will continue to. Education iz the only way!!
Mucho gracias!!
VIVA!!
January 19th, 2009 at 2:47 pm
Thank you for not asking Stiglitz what he thought!
January 19th, 2009 at 2:58 pm
They are trying to bankrupt Russia so they can’t stop the NWO. All the non-NWO elite are running to the asian mkts. I guess to protect the US? Well, at least they are stating the truth.
January 19th, 2009 at 3:09 pm
This is the same govenment that transported some 1 billion US$ in a open flat bed truck in Iraq in 2005 (as shown in 60 minutes last year). So I am not surprised rather can swear that they have a hidden agenda for creating the Financial crisis world wide.
Kokoapelli Reply:
January 19th, 2009 at 6:13 pm
Indeed “they” do! (and it ain’t pretty for most ov us!)
Fight on!!!
VIVA!!!
January 19th, 2009 at 5:00 pm
I’d invest my pension fund shares in wheelbarrows and black plastic bags – we’re going to need t to carry all those bundles of money to do the daily shopping.
Some friends worked in Malaysia during currency devaluations caused by hyper-inflation – on any day there was only had enough time to get to the bank before the cashiers ran out of printed currency, ad rush to the supermarket, and buy three items before the money became worthless. Wholesale traders required large plastic bags and wheelbarrows to carry all their money around.
January 19th, 2009 at 5:27 pm
I’m not buying into conspiracy theories. I just think the group of morons in charge in Washington (and likely throughout the power centers of Europe and Asia) should be herded together and kicked out. This is NOT a time for trying to solve problems with historical solutions (i.e. work programs and hefty deficit spending). These idiots want to run the printing presses full speed ahead and continue with oppressive regulatory obstacles while pretending they can now fix the catastrophes they’ve set in motion. I say throw them all out. Get them all into Washington for the inauguration and then wall it off! Let the rest of us start over. They can stay there with their adoring public who are just gullible enough to believe something good can come of more intervention.
Kokoapelli Reply:
January 19th, 2009 at 6:15 pm
My doppleganger!!! LOL!!!
Fight on!!
VIVA!!!
January 19th, 2009 at 6:04 pm
Just in…A prominant economist says crisis caused by government? My dog has been barking for years about this issue! Give me a break! Tell the public something new, fresh, truthful and thoughtful.
Kokoapelli Reply:
January 19th, 2009 at 6:15 pm
LOL!!!
VIVA!!!
January 19th, 2009 at 6:10 pm
MARY*
Buying into consipiray theories? Alex Jones is not selling them! The information is out for you to educate yourself on the hard issue facts of life! Buyers and Sellers in the information world is for mainstream media. You know what is to be true. Stay focused to what you feel is right.
January 19th, 2009 at 6:21 pm
“God Told me Cheezy Poofs are a sound investment in the US, Also Sand Boxes so all of the fucking morons can bury there stupid fucking heads!”"
Consistent posting like this are a clear indication that this website has been infiltrated by pro-government forces.
Charles Reply:
January 19th, 2009 at 8:38 pm
That or people have a sense of humor… could go either way.
I figure if Darwin was right, without government intervention, 90 percent of the people in the US would die, because the weak, the disabled, the mentally unstable would all fall apart…
So, if he is one of the retarded, then look for Darwinism to take care of him, if not, let the man eat some cheezy poofs.
January 19th, 2009 at 6:21 pm
This site is right wing free market propaganda. The free market never has existed and never will. Just like Marxism was good on paper, it lead to evil communism; capitalism looks good on paper but eventually leads to evil corporatism; just like religion on paper look good but it eventually leads to totalitarian fundamentalists. Alex Jones and his mindless minions always bash the left and big government just like the extreme rightwingers in america. Only the king of idiots would want more deregulations after what happened to the market. Regean started the deregulations and Bush finished the job, the end result was the greatest robber baron period. If government is big or small but it is controlled by the corps, we all lose. If the government is small and not controlled by the corps, we still lose because small government means big business and business is totalitarian and fascist. The only true way is big government free of any religious or corporate control. A big democratic government dedicated to the rule of law and following the laws of society.
Alex Jones is a fraud because he says that all the woes comes from government. He is correct that it comes from government in the form of either regulations or deregulations but what he and all rightwingers fail to do is point out that those regulations or deregulations were put in place through corporate control of the government. In short, you follow alex jones or ron paul, you are asking for fascist corporations. I know alex jones doesn’t advocate fascism but if you advocate capitalism, you are directly or indirectly advocating fascism. So alex jones is either ignorant of what he advocates OR he is a religious rightwing corporate shill.
Every person that has ever died for the good old US of A did not die protecting capitalism or the freedom of corporations or for the american people giving away their freedoms to the corps. People died defending the system of laws rules and constitution of a government of by and for the people.
When I see this site saying they are for truth and freedom but at the same time trying to get government small and government big it makes me angry. All you alex jones zombies need to get an education or start reading other books than what alex jones and his discredited authors he repeatedly brings on his show.
alex jones does put forward many interesting stories and facts BUT he always fails miserably when it comes to assigning who is to blame and what to do. He thrives on fear and ignorance. He radicalizes ignorant religious uneducated right wing people into hating the government. He is like any other right wing radio cook out there. The talking points are identical to limbaugh, hannity, savage etc.
I am going to call you alex one of these days and I hope you will not cut me off and go on one of you baby temper tantrums. I can hope for this but it won’t happen. Just like every other rightwinger on Radio, when you are bested you insult and throw a fit or hangup on the individual. Get ready alex because real truthers like me and thousands more are sick and tired of having you around discrediting the truth movement with your radical right wing views. The corps controlling government is the problem and small government is not the solution.
Charles Reply:
January 19th, 2009 at 8:44 pm
I for one, like left wingers… the fanatical christians kinda scare me, just as bad as the fanatical muslims, Zionist, etc… anything can be taken to the extreme.
Right wing, left wing… we have to realize that those wings are going to be tied behind our backs while the government funks us all.
I find a lot of this interesting, because I have the majority of the books in the Church of Illumination *aka the Illuminati* and several other like organizations… never take ANYTHING at face value, read, learn study, etc… then make an informed decision, and most will find they are somewhere in the middle of these illusions of left wing, and right wing…
No matter what side your own, you need to know that the Gov, and the NWO are NOT ON YOURS.
veritaze Reply:
January 21st, 2009 at 3:33 pm
Nice try. Wait, not really. Get out of your 20th century left/right political dichotomy. People should be free to trade amongst themselves. Government intervention in markets and through banking create more poverty than without.
>”The free market never has existed ”
Why are you against something that has never existed?
>”The corps controlling government is the problem and small government is not the solution.”
No, corporations (i.e. people pooling together capital for a greater goal), are a good idea. Government enables them with more power than they should have.
There are a lot of other people besides Alex Jones that advocate minimal government, such as practically every libertarian, the founding fathers of the USA and anyone who doesn’t want a giant monopoly on force to control every aspect of their lives. You should read Harry Browne’s “Why Government Doesn’t Work” to fully understand why these parasitical powermongers should be extricated from our lives so that we can truly be free.
January 19th, 2009 at 6:30 pm
The Poisonous Nature of Jewish International Economics and What the POWER PARTY Will Do Instead
http://www.jewishracism.blogspot.com
Consider a highly simplified model of an international economy. In this most basic model, we have only production and purchasing power.
Think of America as the only money producer. Think of China as the only goods producer.
Americans will pay themselves high wages for wasteful bureaucracies and unproductive professions, and produce lots of currency, so that they have a great deal of purchasing power with which to buy Chinese produced goods. The Chinese will produce lots of goods in an effort to gain dollars and they will funnel those dollars back into increased production, thereby reducing their own profits and lowering their own wages.
In this most basic economic structure, those who produce the most have the least purchasing power, and those who produce the least have most purchasing power. This is an unjust and terribly inefficient system. It is a Jewish system. It is the twin-headed hydra of Jewish Capitalism coupled to Jewish Communism. It is the international Jewish economic system of the global economy and it is about to collapse.
In this system it is really the Jewish bankers who literally make the money, and the American and Chinese slaves who produce the goods and consume them in ways that increase the profits of the Jews. The Jews want the poorest human beings to produce the most, and have those goods purchased by the human beings with the most purchasing power and the worst debts. The poor produce goods cheaply, and the comparatively rich pay high prices for them compounded by usurious interest rates and perpetual debt. Such a system maximizes profits for the Jews, but it is unjust, unsustainable, inefficient and highly destructive.
A Communist system will fail because the purchasing power of the individual does not increase with his or her productivity, and therefore eliminates any incentive to be efficient and productive. The profits on an international level increase as the cost of labor is reduced all the way down to slave labor. That is one of many reasons why the Capitalists created and financed the Communist revolutions and “Marxist” economic philosophy. Through their internationalism, they pit countries against one another and drain them all dry.
The country which produces currency and provides its citizens with purchasing power improves the standard of living of those citizens, but only temporarily. The Jews always attach unnecessary usury to the production of currency, and encourage colonialism; thereby increasing unemployment and debt. The Empire they create inevitably collapses as the debts accrue to unsustainable levels and unemployment skyrockets, and as the colonies are driven into ruin through exploitation. The Jewish parasite kills both the Capitalistic and the Communistic hosts it corrupts. Hence we have the ruined “Third World” and the collapsing “First World”.
The Jews are producing dollars out of American debt slavery, and goods out of Chinese labor slavery. The balance must either reverse itself, or both countries must fail and fall into famine and death. The balance cannot reverse itself, because the manufacturing capital and talent is under a different sovereignty from the loan capital. So, unless something is quickly done, both nations are doomed, by design.
Now, let us change our most basic model to one in which the party who produces the most has the most purchasing power, and both nations strive for Autarky. We will forbid the generation of profits through speculation in both stock and commodities markets. We will pay wages based on productivity and contribution to the general welfare of society. None will starve, but those who contribute the most will have the most purchasing power and be rewarded for their labor, skill and talent.
We will ensure that each nation is independent of the other and there will be no Jewish World economy, so that we can neither be exploited by Jewish Capitalists nor Jewish Communists. We will mostly produce for ourselves, and the excess we will barter to other nations.
But we will guard our currency from speculation, debt, and excessive supply or unduly contracted supply. We will maintain a proper amount of currency in each nation to provide purchasing power for the goods we produce, and we will encourage that production by rewarding it and by not allowing the theft of profits taken without work or value added, nor will we allow currency producers to exploit goods producers. Usury and speculation will not exist in our system.
Americans would have to produce their own goods to stock their shelves. The Americans would have to lift their people out of debt slavery. The treasury would provide loan capital to Americans for this end, and attach a time penalty to currency to promote the velocity of money. A proper balance would be struck between the supply of money and the supply of goods and services. The money would be distributed in such a way as to favor efficient production and just consumption.
The Chinese would have to provide their own people with purchasing power and loan capital. The Chinese would have to lift their own people out of labor slavery.
There is an easy way out this mess which I have called the “international Jewish economic system”; but we will have to step over the Jews’ lies and eliminate them from public life, because they have demonstrated time after time that they will ruin any people which adopts their philosophies or which allows them access to the media, government, finance, business, or educational systems of the nation.
We must strike a reasonable and fair balance between production and purchasing power. We must strike a reasonable balance between money supply and production. We must strive for national independence and Autarky.
January 19th, 2009 at 6:40 pm
GARBAGE- TOTAL GARBAGE. There is no mystery about who or how.
In Britain, Thatcher oversaw the first wave of house-price hyper inflation, and the new mortgage mechanisms designed to support this. The state owned housing stock was largely converted to private ownership by the home occupier through a “give away” pricing scheme for ‘tenants’ (a scheme that was massively corrupt from the get-go, and used to give great financial wealth to ‘tame’ muslim leaders).
By Blair’s time, a much darker use was created for the greed mechanism that clearly accompanied the house price inflation. Blair understood that here was a way to destroy the old financial system.
1) First London was rebuilt as a ‘trusted’ financial centre.
2) Then the economy in the UK was tweaked solely to accelerate to value of homes.
3) All (pretty much) customer owned mortgage companies were converted into ‘for profit’ banks.
4) A new banking model was created to give customers mortgages that really couldn’t afford, paid for entirely on the back of the housing price inflation bubble.
5) All mainstream media outlets pushed home purchase/improvement/moving propaganda shows to keep the sheep on track.
6) Home owners were massively encouraged to endlessly borrow against the ever increasing value of their homes.
Blair had created the World’s greatest PONZI (pyramid) scheme. The rate at which dishonest banker were getting rich created a ‘new’ banking model that swept away centuries of well considered operating practice. This model was exported by Blair to almost every corner of the globe, especially the USA. While established bankers knew the bust was coming, it was a case of “jump on the gravy train or miss out”. Bankers that refused to change were simply pushed aside by the new Blair created criminal class.
The jewish controlled mainstream media ensured the whole pyramid scheme was sold as the only economic policy worth following to their readership/viewership. All pyramid schemes seem great until the bubble bursts, of course.
Now why is prisonplanet’s UK component (a component you should never trust) trying to deny one of the clearest aspects of recent history. There is no doubt about the nature of the pyramid scheme. There is no doubt about where this pyramid scheme started. There is no doubt about the role played by Blair and the mainstream media.
All that even the readers of this site lack is the willingness to comprehend that Blair destroyed the centuries old banking systems on purpose, in readiness for his Global War. Blair is supposedly no real part of the UK government (hahahahahahahahahaha), having no official title or role in the UK, but he was present at the greatest meeting of EU financial ministers a week or so back. The Demon is there for you all to see, but having the same frail and pathetic demeanour of Adolf Hitler, combined with a well crafted psy-op campaign of dismissive propaganda (such as ‘Bliar’), you don’t even see him.
Blair came to power with the most extraordinary imagery seen in Human history, a pair of red Demon eyes posted on every billboard site across the UK. While explained as simple election propaganda (WTF), no election campaign in history has ever deployed such ‘pointless’ posters. Blair’s victory was assured anyway, because of the massive meltdown of the conservatives, so the bizarre warning cannot be dismissed as part of a tough dirty campaign.
http://politics.guardian.co.uk.....62,00.html
These ‘red demon eyes’ are to Blair what the swastika was to Adolf Hitler. Both can be given the official ‘innocuous’ explanation, but both are actually a warning to Humanity. We saw the same factor in play again when the jews of Israel had to state they were going to deliver a ‘Shoah’ (their exact word) in Gaza.
BTW, one last point to counter any objection to the explanation above. Blair was, from the moment he first got power, a direct ally of the most powerful conservatives, and Thatcher was his first guest at No.10 (and ***no***, it was Major that was Prime Minister before Blair, so Thatcher’s trip was not simply a matter of protocol). The ‘demon eyes’ image was created at Blair’s insistence, so that british Humanity had willingly allowed the Demon in- a very very important rule. GREAT EVIL CAN NEVER ACT AGAINST THE FREE WILL OF MAN- MAN MUST WILLINGLY INVITE THAT EVIL INTO HIS HEART. However, evil may employ any means of persuasion or propaganda.
January 19th, 2009 at 6:42 pm
Ya don’t say !!!
Fcuk o”BAAA”ma bin laden & fuck ALL the zio-neo-scum on earth !!!
ALEX “FUCKIN” JONES for PRESIDENT !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Power 2 the people , given by the people , returned 4 the people
It’s REVOLUTION TIME folks !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
January 19th, 2009 at 8:12 pm
DJORB once again you show how truly uneducated and ignorant you really are. A dumb alex jones bigoted right wing zombie. I write and express views that an ignorant 12 year old would spew yet I bet you are over 40. Dumb inbred white trash
January 19th, 2009 at 8:27 pm
DJORB once again you show how truly uneducated and ignorant you really are. A dumb alex jones bigoted right wing zombie. You write and express views that an ignorant 12 year old would spew yet I bet you are over 40. Dumb inbred white trash
Jews did 911 Reply:
January 20th, 2009 at 12:03 am
Wow, you’re really special aren’t you. Typical Zionist Jew.
January 19th, 2009 at 9:15 pm
idiot bound,make your mind up…which are you …the one who writes the views,or the one who believes them,chill out we can not all be at your level of expertise,at least this guy knows enough truth to be here and contribute,so get down of your [high]horse and drink your milk.Don’t divide us,we need to conquer.
January 19th, 2009 at 9:26 pm
AMERICA AND THE REST OF THE FREE WORLD ARE NOW IN THE WORST ECONOMIC CHECKMATE TO EVER BE UNDERREPORTED BY THE COMMUNIST OPERATED NEWS MEDIA,
CNN, MSNBC, ABC, CBS, etc… TOTAL WORLD ECONOMIC COLLAPSE IS NOW IMMINENT AND WE HAVE THE MOST INEXPERIENCED PRESIDENT IN HISTORY TO DEAL WITH THIS MESS. DEPRESSING TO SAY THE LEAST. RADIO IS THE ONLY PLACE BESIDES THIS WEBSITE WHERE YOU CAN GAIN INSIGHTFUL AND INTUITVE INFORMATION ON THE PONZI SCHEME BEING PERPETRATED ON THE FREE MARKETS OF THE WORLD. FORGET NEWS REPORTING. IT IS FINISHED, DONE, HISTORY. ELETRONIC BOOK BURNING WILL SOON BEGIN. THE IMPRISONMENT OF TODAYS YOUTHFUL MINDS IS WELL UNDERWAY. LET IT BE KNOWN THAT THE BILDERBERG GROUP IS SOLELY REPOSINSIBLE FOR THIS CRIME AGAINST HUMANITY. AT LEAST INTELLIGENT INTUITIVE THOUGHT CAN STILL BE HEARD FROM MICHAEL SAVAGE. IF THE FAIRNESS DOCTRINE REMOVES HIM AND OTHERS FROM THE AIRWAYS PROPAGANDA WILL DOMINATE THE SHEEPLE OF THE WORLD AND ALL WILL BE LOST. A VERY SAD DAY FOR AMERICA. ROME FELL AND SO WILL DEMOCRACY IN THE U.S.A. A GREAT AMERICAN TRAGEDY. IGNORGANCE BEGATS IGNORANCE AND NOW WE HAVE REACHED THE PINNACLE OF THIS DISEASE TO THE HIGHEST LEVELS OF OUR GOVERNMENT. YOUR CHILDREN AND GRANDCHILDREN WILL BE MINDLESS GOOSETEPPERS IN WWIII. GOD HAS TURNED HIS BACK ON YOU ALL AS YOU WORSHIP A GOLDEN IDOL. TODAY FOOLS CELEBRATE AND INTELECTUALS MORN. I DESPISE WASTE.
SAY GOODBYE TO YOUR RELIGION, FREEDOMS, INDEPENDANCE AND SECURITY. EVIL NOW RULES MOST OF THE WORLD. A DAY THAT WILL NEVER BE FORGOTTEN YET ONLY REALIZED BY 2011. THE LAST PRESIDENTIAL ELECTION IN THIS GREAT COUNTRY HAS COME AND GONE. MARK MY WORDS.
January 19th, 2009 at 10:47 pm
MARK OF THE BEAST….you are everything that is wrong with america…dumb religious and uneducated. If you defend Savage, a known racist and bigot and hate monger, then you are the same. I am not surprised to see droves of people like you on this site. Xenophobic religious fundamentalists yearning for the rapture and the end of days. Listening to faacist hate filled right wing talk radio and always blaming others for all the woes of the earth. To say the the news media is communist is completely and utterly insane. It is beyond stupidity. I bet you love limbaugh and hannity and glen beck. The news media in the us is 100% corporate and right wing and conservative. Each and every one of them. The news is owned by the military industrial complex and a handful of powerful companies. Corporate america, the new face of fascism. You show a complete and utter lack of knowledge on both what the media is and what communism is. You are the poster boy for what happens when dumb people listen to alex jones and right wing radio. Real truthers know who alex jones is and what he represents. Many people have now awakened to even alex jones’ propaganda. You are done Jones.
Jews did 911 Reply:
January 20th, 2009 at 12:01 am
Idots abound? I hope you include yourself.
January 20th, 2009 at 12:34 am
http://www.youtube.com/watch?v…..annel_page <– MUST SEE, NAZI – ILLUMINATI THUGS IN ACTION.. PLEASE COMMENT ON THIS VIDEO, THIS GUY DELETES ALL HIS COMMENTS, HIS YOUTUBE CHANNELS ARE: 3RDRAIL1988 & DJ3RDRAIL1981.. He’s trying to get my account deleted for reposting this video…. PLEASE WATCH AND COMMENT, IT’s APPALING!!!!!!!!!!!!!!!!!!!!!
January 20th, 2009 at 1:40 am
All economists have Phds and all economists have been wrong more than than they have been right for 70 years. Ergo, flip a coin and you will receive better advice than you will get from the economists.
January 20th, 2009 at 2:41 am
It is incredible, I picked up the Herald Tribune today, january 16th and there’s a big Article on page six by HENRY Kissinger saying “The Chance for a new world order” he doesn’t really appear to ceased to further propagate his theory of “dilemmas” that can only be mastered by “common action”
“An international order will emerge if a system of compatible priorities comes into being”
“The alternative to a new international order is chaos.” (Paulson remember?)
“The cooperative mood of the moment needs to be channeled into a grand strategy”
January 20th, 2009 at 7:18 am
HEY IDIOTS ABOUND. I REST MY CASE
you are Reply:
January 20th, 2009 at 9:35 pm
you should rest your case because it is worthless and totally reeking with ignorance
January 21st, 2009 at 7:20 am
Such a cacophony here can only be caused by reverberating DISINFO waves. It´s useless trying to make sense.
January 21st, 2009 at 3:25 pm
Marc Faber, the original Dr. Doom. Listen to this man, he knows what he is talking about. It’s also funny to see him chuckle at the CNBC propaganda boneheads.
January 23rd, 2009 at 6:21 pm
Marc Faber is categorized here as an economist, but he really deals more with stock trading, and he is a very smart guy. He is correct in saying that the people that are now trying to solve the financial mess are the very people that caused it. It was low interest rates during the Greenspan tunure at the FED that is the primary cause of the financial mess. The Congress is also to blame because they pushed FREDDIE and FANNIE into making back home mortgages. The end result of this financial mess is, of course, a depression. And, there is and will be more federal intervention into private companies and institutions. England is probably on the brink of nationalizing their banks. Could that happen here? Of course, it will probably not be called nationalization, but it will be much the same, because it will be the government controlling the banking system. On top of the gigantic debt being created to bail out all these firms that made stupid investments, we will soon be facing huge payouts in social security and medicare as the baby boom generation retires. Debt…debt…and more debt that is what this country is facing…..massive debt. The government is not our solution; they are the problem!
February 15th, 2009 at 12:26 pm
Can you provide more information on this? Excellent post though… Highly recommended.
February 16th, 2009 at 9:19 am
Very nice information. Thanks for this. Highly recommended.