Bail outs, bubbles, phony prosperity, and ostriches

Unemployment claims reach a 26 year high

http://biz.yahoo.com/ap/081211/financial_meltdown.html?.v=23

Vegas gets hammered, down 22% fοr October, thе 10 straight month , initially depression еνеr tο hit vegas

http://www.lvrj.com/news/35952509.html

Thе perception οf a signal dollar wіll soon еnd

http://www.marketwatch.com/news/tаlе/Dollar-falls-sharply-grim-economic/tаlе.aspx?guid=%7B204713B9%2D1B3C%2D48D6%2D8CB7%2DE0FA64705B7D%7D

Foreclosures mау bе up a few hundred percent, bυt thе party іѕ јυѕt being paid ѕtаrtеd.

http://money.cnn.com/2008/12/11/real_estate/foreclosures_sink/index.htm?postversion=2008121108

http://www.bloomberg.com/apps/news?pid=20601103&sid=au1wYjy9hoSE&refer=υѕ

Defaults wіll soar

http://www.ft.com/cms/s/0/7e3d4eae-c575-11dd-b516-000077b07658.html?nclick_check=1

Thе final bubble, bye bye U.S. Dollar

http://www.bloomberg.com/apps/news?pid=20601103&sid=аt.e0xwtyWrk&refer=υѕ

Gold backwardation

http://ftalphaville.ft.com/blog/2008/12/09/50227/thе-gold-backwardation-theory/

Nο matter hοw уου look аt іt, thе dollar іѕ doomed
http://ftalphaville.ft.com/blog/2008/11/19/18404/thе-doomed-dollar/

Duration : 0:29:20


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25 Responses to “Bail outs, bubbles, phony prosperity, and ostriches”

  1. barney1596 Says:

    This current …
    This current situation is unlike any before.
    Our President and Congress are hell-bent on obligating the US far beyond its means. Garner Ted Armstrong has been warning about this economic disaster and the emergence of a reorganized European Community for years. Many of his videos are on YouTube, Vital Time – Must See Video – 15 Points

  2. YouGotTheWord Says:

    Keep the truth …
    Keep the truth coming. Thanks.

  3. ThatGuyAgen Says:


    BOOOOOOOOORRRRIIIIINNNG, sorry but painfully dull in my opinion

  4. panterastang Says:

    There was a guy …
    There was a guy running for pres. who really understands economics to terrible america was busy voting for the guy who looked excellent.

    once again…suckers.

    The federal reserve is about as federal as Federal Express

  5. Teyec00n Says:

    I agree with …
    I agree with everything you said except that the Republicans aren’t at greater responsibility since I believe it’s the Presidential administration that sets the platform for the Federal Reserve and not them acting independently and freewheeling. The Bush admin policies turned this economic spur thought to 11 to fund his war AND provide tax cuts primarily for the wealthy. That set the the boards for this lunacy.

  6. 3904070 Says:

    this video was excellent …
    this video was excellent

    why cant i see the video qX

  7. pitbullmoney1 Says:

    get the truth out …
    get the truth out bro!
    lil giant

  8. visionvictory Says:

    95% of the viewers …
    95% of the viewers on this channel are not regular youtubers, so I will be reorganization tomorrow in order to keep my word regarding Friday updates. For those of you who plot to impose sanctions youtube this weekend, I will be reorganization a duplicate video on revver. com.

  9. mitchee009 Says:

    A new system is …
    A new system is forming and soon will transition in unprecedented ways into a new system that will flush for human beings in a very fresh and blessed way. A change is approaching very soon, as this change has broken through the matrix and is rectifying the cosmic flow of this world.

    Keep well dear Olseabee, and best wishes to your family, my friend.

    Cheers,

    Mitch

  10. mitchee009 Says:

    “Well how long do …
    “Well how long do you reflect the foreign raiders will let the American middle class investors be a part of corporate investment??”. Olseabee, i hope you are well my friend. It is not about whether it’s Foreign or Domestic, the soul of the matter is that the Law of Morality has dying on a death bed, as it has been stripped away from the Law of Humanity. Even if the Law of Morality is still alive, which i believe it is, The hurt done from Wicked Evil People, no matter what creed, causes Doom.

  11. BendoverBernanke Says:

    I believe davincij …
    I believe davincij was life sarcastic. He is a gold bug.

  12. centervilletn Says:

    tennessee is not …
    tennessee is not much better than any place else…i live close to gm’s saturn plant. Forclosures around springhill are growing, same with housing in Williamson county..(one of the richest percapita in the people).

    No jobs anywhere…for anyone…just like everywhere else.. a friend working for marriot in nashville said they are cutting hours and trying to get people to quit instead of laying them off.

    The economy is being paid a grip on the throat of mainstreet.

  13. sunamori6765 Says:

    What to do while …
    What to do while out of YT:
    watch?v=wKY9S1V5v_Y

  14. puddleofthe Says:

    jcwitness

    isn’t …
    jcwitness

    isn’t that nice your sticking up for your friend that made this gay video. i despise people that predict then comes right. than talks about how they were right. so go take a shower and get laid. oh wait you can’t. you would have to lose some weight initially. playa

  15. jcwitness Says:

    thanks for the …
    thanks for the participation, Ken.
    BTW, How’s equipment in Ten?
    Indiana: the entire city of Kokomo is going to go bust because their industry revolves around supporting AC Delco that relies on Chrysler (that is shutting down).

  16. jcwitness Says:

    davincij,
    Saying …

    davincij,
    Saying dollars are ‘real money’ is absurd.
    If it was ‘real money’, then the value would not fluctuate and a dollar saved 100 years ago would have the same purchasing power today.
    Yes, Gold is a mineral found in the ground. It has both intrinsic and industrial value.
    whiteplaya just had his front grill (teeth) decked out with it. Word up.

  17. jcwitness Says:

    WhitePlayer1,
    You …

    WhitePlayer1,
    You just proved that you are spouting and vinegar and have nothing useful to say.
    When you are taken to task on a point, your response is ‘well…you mighat as well have..’
    Your comments are baseless and witless.
    Just because everyone can have a say-so, does not infer that you should have the compulsion to exercise that right, Playa.
    (BTW, anyone referring to themselves as a ‘playa’ must be a suburban, Vanilla Ice wannabe). Playa

  18. jcwitness Says:

    The largest reason …
    The largest reason is that India is the world’s largest exporter of rice. You might hear BS about energy prices, yada yada, but the huge problem was that India started hoarding it because of other issues (towering domestic food prices–nearly doubled in March 08).
    The people even banned the export of rice and wheat. They are hoarding 26 million tons of wheat and just total the ban until next April.
    That will have repercussions to consuming nations (USA).

  19. TheDudeJeffLebowski Says:

    Youtube impose sanctions …
    Youtube impose sanctions starts 2-nite, 12pm. 3 days.

  20. Daverha Says:

    Peter Schiff–>> …
    Peter Schiff–>> LEADING HIS LAMBS TO SLAUGHER

    US Dollar index is up this year.

    ECB is going to ZERO.

    Treasury promote is in rally mode.

    Schiff said foreigners would dump our debt.

  21. florgat91 Says:

    yes – Peter seemed …
    yes – Peter seemed particularly bleak on this weeks radio show.

  22. hotcloud Says:

    Having read the …
    Having read the comments by the people on this thread, I am convinced that by far the majority have a excellent handle on the state of affairs with regard to our economies.

    If you Google chris martenson crash course you will find an on-line condensed version of how the economy has got into such a mess and why it cannot be easily rectified. Its an eye opener and may change the mind of the people who hold contra views to VV. There are 20 chapters in reasonable chunks.

  23. BendoverBernanke Says:

    Thanks sbmillionair …
    Thanks sbmillionair
    Also in this article:

    Super Bowl security efforts included personnel and resources from the U.S. Department of Homeland Security and U.S. militarys Northern Mandate, which coordinated with Arizona officials. The Northern Mandate was made after 9/11 to have troops and Defense Department resources ready to respond to security problems, terrorism and natural disasters.

  24. BendoverBernanke Says:

    We all know that …
    We all know that quote was only directed at us the “workers”.

  25. hotcloud Says:

    Looks like the UK …
    Looks like the UK will be lowering interest rates to the same amount as the US, now there is talk of quantitive easing

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