Wow! This explains how our financial crisis happened to a T!
 

Greed being the motivator. It lays out the steps that got us here.

http://uk.youtube.com/watch?v=H5tZc8oH--o

-S

Nice find:up:Tough job cramming all that into 10 minutes.

Cute:D

I have to do some more research yet, but it would appear that the federal government is even more at fault than I previously supposed. I guess I missed the forest for the trees.

My only point of contention is the linking of this type of legislation to the Dems. I'll bet that with a bit of inquest into voting records, I can find Republicans who supported this crap as well.

Still, a nice vid SUB:up:

Thanks man.

By the way, I don't doubt you will find some repubs supporting those bills from the demo's. All this stuff crosses the aisle at least a little to be able to pass.

We need to start voting this jerks out of office. I'm to the point where I'm going to start volunteering my time to the opponent of whomever votes on the 700 billion bailout package too. It is going that far.

-S

Again the law of un-intended consiquences.

Some legislation to avail houses to those whom cant really afford them... brilliant.

A desperate stab at socalisim come back to haunt us all.

Last month I found a lady that saw a vision of this latest wall street problem.

I read it and scoffed at it being just another way to upset everyone, thinking that how could she know anything in advance and if she did where did that infomation come from?

Are we all just puppets on a stage?

2008/08/03/vision the american economy regarding the dow jones-index

Quote:

Originally Posted by Miriam Fraklin A Vision re the American Economy & The Dow Jones Index

Quote:

Originally Posted by Miriam Fraklin Today, upon awaking, I felt God whisper to me “The Dow”, and saw something significantly detrimental happen to it. Though I do not that much about economics at all, I know enough to know the Dow Jones is in some way a reflection of the financial health of the USA nation and is tied in with the stock market, though I do not understand the mechanisms at all. [See comments in the section below where this is explained} Anyway, simply, I saw this Dow Jones go in a very negative manner, while retail prices (for what I thought was for every day consumer items like food, not just for gas etc) really went up considerably, at the same time as the Dow went down, so it was like two complete opposites I saw. And I saw and it was like a large hand was upon the line of the Dow Jones graph, pushing the lines down considerably for what seemed a persistant time period (like not just one dip that would quickly correct itself).

Hey Geetrue - if you search long and hard enough, you will always find someone who saw a vision. Once in a while, you will find one that comes true simply because of the odds. There were plenty of people in New York for examples saying the end of the world was coming in the 1980's, more that said the stock market is doomed, and more still that said WWIII is about to happen in the year 2000. We are all still here.

Pure coincidence is the point.

-S

Good video. Thanks!

I also agree with your last comment. It's like predicting the weather: the one lucky enough to be right (this time) always says "See? I was the only one who got it right!" They conveniently ignore the 9,999 times they were wrong.

The biggest problem is the government is getting too involved in what should be private business. Since when is the nation's economy up to the person in the oval office?! The economy isn't free to have ups and downs naturally, it is controlled by the Federal Reserve. But now we have politicians sticking their fingers into the pie, and it's a pie hardly any of them have a clue about, and it's a recipe for disaster. Man how I wish men like John Jay, Patrick Henry, Edmund Randolph,James Madison, and Samual Adams were here today. They would have the courage to set things straight again. Even though they weren't perfect.

He redid it and slowed it down a little bit. A great find, I'm passing it everywhere.

http://www.youtube.com/watch?v=NU6fuFrdCJY

What I don't get is that as soon as the government wants to intervene I see these claims of socialism creeping in, shock horror that can't be allowed.

Sure, its so one sided that a 1970 soviet style pubblication would be less biased than that video. :roll: Way to go subman1.

The Economy is not a private affair. With the failing of the most important economy in the world you have political ramifications. Not only worldwide but inside the US as well.
The economy must thrive inside a series of rules, without rules you only have caos, and in the end its society that ends up paying the bill.
Because the cost of not paying is just to terribile to contemplate.
Deregulation at all costs is bull****, and having rules doesn't mean haveing a socialist or communist state.

No pun intended but Italy is one place in EU that is really messed up in this regard you are commenting, Italy looks to rest of EU in constant state of chaos.

When Subman1 comes around to opening a thread on the state of italian economy I will answer your critics there.
But here we talk about the breakdown of the most important economy in the world.
Said economy that is being saved by a free check of 700 BILLION DOLLARS on the back on the taxpayers. Where is the deregulation here ? I thought republicans hated intervening in "private" affairs. Let the market regulate itself and all that bull****.
What happened to that ideology ?
Are you realising that a completely deregulated free market is just as utopian as soviet communism was ? And this crisis which has been a long way in the coming is just the proof.