Geithner on Europe Debt Crisis: Political Capital With Al Hunt
May 14 (Bloomberg) — U.S. Treasury Secretary Timothy Geithner talks with Bloomberg’s Al Hunt about legislation under consideration in Congress to overhaul financial regulation and Europe’s financial crisis.
Bloomberg’s Lizzie O’Leary and Hans Nichols discuss the meeting between U.S. President Barack Obama and Afghan President Hamid Karzai, and Supreme Court nominee Elena Kagan. Bloomberg’s Robert Hutton reports on the U.K.’s new coalition government. Commentators Kate O’Beirne and Kevin Hassett comment on the outlook for U.S. mid-term congressional elections. (Source: Bloomberg)
Duration : 0:21:19
Dollar Crisis – The collapse is happening soon!
Dollar Crisis and Economic Collapse Video
May 25, 2009
http://trade-technicals.blogspot.com
VISIONVICTORY NETWORK
http://www.visionvictorymanifesto.com
SITE USED FOR THE CHARTS
http://trade-technicals.blogspot.com
This video discusses the dollar collapse to why this is happening and where this could go. President Nixon went off the gold standard in 1971 and since then our money has been fiat! This means it is only debt. The collapse of the dollar is months away now, and are you ready for this?
Duration : 0:17:52
Could Paul be right that Obama’s goal is an economic collapse?
Ron Paul, the popular Republican Congressman from Texas, is ripping into the president and Congress for what he sees as their “goal” with round after round of stimulus: complete economic collapse.
“From their spending habits, an economic collapse seems to be the goal of Congress and this administration,” he said in his June 22, 2009, weekly address.
He added that Democrats who voted for the president’s war funding request, which gave an additional $106 billion to military operations in Afghanistan and Iraq — among other, unrelated items — were actually voting in favor of the wars, not just authorization of the president’s agenda.
He called it an affront to everyone who believed a vote for Obama was a vote for a peace candidate.
The president’s insistence on including an additional $108 billion in asset exchange with the International Monetary Fund is merely “buying global oppression,” he said.
Paul added that, “this [bill sent] $660 million to Gaza, $555 million to Israel, $310 million to Egypt, $300 million to Jordan and $420 million to Mexico; and some $889 million will be sent to the United Nations for so-called peace keeping missions.”
In other words, the latest U.S. war funding was an “International bailout,” he said.
The legislation’s provisions for the IMF included 100 billion dollars for the New Arrangements to Borrow (NAB), a credit instrument providing the multilateral institution with additional resources to deal with exceptional risks to the stability of the international monetary system.
They also include an expansion of the nation’s special drawing rights by five billion SDRs, adding roughly eight billion dollars to the IMF’s financial firepower.
The 100 billion dollars for the NAB acts as a credit line for the IMF in case member countries need emergency loans that exceed the institution’s resources. As such, the money is not considered an immediate budget expense.
Sen. Jim DeMint (R-SC) had proposed to strip out the IMF funds, but his measure was defeated in May by a vote of 64-30.
“Not only does sending money to the IMF hurt citizens here, evidence shows that it even hurts those it pretends to help,” Paul said. “Along with IMF loans come IMF required policy changes called ’structural adjustment programs,’ which amount to forced Keynesianism. This is the very fantasy-infused economic model that brought our own country to its knees.”
Absolutely.
Henry Kissinger stated (it’s on youtube) that Obama was the person selected to bring in the NWO. Destroying our economy is the NEXT step in that process.
(Bush’s job was to destroy our Civil Liberties)
Ron Paul scares the daylights out of the "Banksters" because the tells the truth and is actively trying to stop this from happening.
We have not had a president that was not working towards that goal since THEY killed Kennedy. (10 days after he warned us about THEM)
Ron Paul is the ONLY statesman this country has left. We should be giving him our full support, he may be the only hope we have left as well.
He is telling us the truth, always has.
Ron Paul warns Americans of coming economic collapse and possible martial law
Ron Paul warns of a monetary collapse and ensuing social unrest. He also warns of possible government actions.
Duration : 0:5:35
global economic crisis
global economic crisis – Global Economic Crisis update All The global economic crisis happenings and more
http://forecastfortomorrow.com
http://twitter.com/crashof2008
Duration : 0:5:26
The Inevitable Collapse of the U.S. Economy
Who or what is responsible for the world economic crisis? What caused this mess? Media analysts try to place blame on free market capitalism or the greedy middle class. However, the blame lies primarily on the fraudulent Federal Reserve system. This quasi government corporation prints money out of thin air (at interest to U.S. taxpayers), manipulating interest rates, devaluing currencies, and creating artificial boom and bust cycles. The American people need to understand how this system operates and stop complying with their own economic slavery.
Duration : 0:10:0