2010 April - Knowledge is the way out of the dark

Archive for April, 2010

Collapse of the Dollar (Pt 1 of 7): Testimony in Support of the Montana Sound Money Bill

Please help us reach a wider audience by donating at http://www.montanasoundmoney.org/parksvideo.html

On March 12, 2009, the Montana House State Administration Committee held a hearing on HB 639, the Sound Money Bill. The purpose of this bill is to begin to reassert Article I Section 10 of the United States Constitution, which states that, “No State shall… coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts.

This is the expert testimony of Dr. Lawrence (Larry) Parks at that hearing.

Dr. Parks is the Executive Director of FAME.org (http://www.FAME.org), whose Board of Advisors includes Ron Paul, Lew Rockwell, Edwin Vieira, and other heavy-hitters who advocate sound money.

Visit http://MontanaSoundMoney.org for more information on the Montana Sound Money Bill.

Duration : 0:7:35

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Posted by admin - April 29, 2010 at 3:13 pm

Categories: monetary collapse Tags: aig, Alan Greenspan, Austrian Economics, Austrian School, bailout, Collapse, Collapse of the Dollar, Dollar, Edwin Vieira, G20, gold, Gold Standard, HB 639, Larry Parks, Larry Parks Show, Lew Rockwell, monetary policy, money, Montana Sound Money, new world order, nwo, Ron Paul, silver, Subsidy, Thomas Woods, Wealth Transfer

The coming Commercial Real Estate Crash and Banking Crisis – Economic Collapse

500 banks could fail between 2010 and 2011 as Commercial Real Estate loans begin to default. Commercial Real Estate values have fallen 40%, but many of their loans must be refianced in the next 3 years as their loans reach maturity. FDIC has less than 10 billion dollars to cover what could be a Trillion dollar Banking loan default.

Duration : 0:5:0

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Posted by admin - at 3:12 pm

Categories: economic collapse Tags: banking, Collapse, Crash, Economic

France’s Lagarde Discusses Proposed Global Bank Tax: Video

April 23 (Bloomberg) — French Finance Minister Christine Lagarde talks with Bloomberg’s Susan Roberts about Greece’s fiscal crisis and the issue of a proposed global bank tax to help pay for future bailouts of the industry.
They talk at the meeting of Group of 20 finance ministers and central bankers in Washington. (Source: Bloomberg)

Duration : 0:2:50

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Posted by admin - April 27, 2010 at 1:34 pm

Categories: global crisis Tags: All, Audio, Bank, banking, Bloomberg, Bond, budget, credit, Crisis, Crunch, Discusses, Economic, English, euro, Europe, European, financial, France, France's, Global, government, Lagarde, market, Markets, Media, Members, Monetary, Multimedia, news, Proposed, Services, tax, Union, video, Visual

IMF’s Lipsky Discusses Greece’s Debt Crisis, Aid Package: Video

April 26 (Bloomberg) — John Lipsky, first deputy managing director at the International Monetary Fund, talks with Bloomberg’s Susan Li about Greece’s debt crisis and the weekend meetings in Washington of finance ministers and central bankers from around the world.
Greece moved toward securing an emergency aid package before debt payments come due in mid-May as Finance Minister George Papaconstantinou warned investors they will “lose their shirts” if they bet the cash-strapped nation will default. (This is an excerpt of the full interview. Source: Bloomberg)