federal

Peters Says Europe Debt Crisis Needs `Holistic’ Solution

Dec. 21 (Bloomberg) — Gregory Peters, global head of fixed-income research at Morgan Stanley, talks about the European debt crisis and the outlook for the fixed-income market.
Peters speaks with Margaret Brennan on Bloomberg Television’s “InBusiness.” (Source: Bloomberg)

Duration : 0:4:30

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Debt Comments Off

Peter Schiff explains how the new college loan plan will back fire

Peter breaks down the economic inanity of Obama’s new college tuition program passed in March of 2010. Once again the government cure is worse than the disease. Please donate to Peter’s Senate campaign at www.Schiff4Senate.com

Duration : 0:7:21

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Curnutt Says Europe Debt Crisis to Repeat, May Be Worse

Dec. 13 (Bloomberg) — Dean Curnutt, president of Macro Risk Advisors LLC, talks about the outlook for the European debt crisis.
Curnutt, speaking with Erik Schatzker on Bloomberg Television’s “InsideTrack,” also discusses the impact of the Federal Reserve’s quantitative easing on investor sentiment. (Source: Bloomberg)

Duration : 0:4:36

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Debt Comments Off

How Wall Street Exploits Minorities w/ Payday Loans

http://www.huffingtonpost.com/rj-eskow/payday-lenders-how-wall-s_b_747536.html

Duration : 0:4:6

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Perpetual Debt: Bank of Canada & why we should use it instead of wall st.

This is how we could improve Canada’s financial situation. We have our own publicly owned central bank and laws in place allowing us to borrow money from it interest free! loans for infrastructure, public works and the general betterment of our country. The money printed as a result of the use of this central bank would represent real value! currently 95% of our money represents debt…….how is debt something of value? isnt money supposed to represent tangible assets? This is so simple yet they complicate the system so that we blindly accept their debt enslavement.

Check out my website for more info on the Canadian money system: http://www.criticalthoughts.info

Duration : 0:6:37

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Loan Modification, Home Loan Modification, Mortgage Loan Modification, Mortgage Modification

http://realestatemarketingthisweek.com/real-estate/congressman-barney-frank-is-calling-for-the-restructure-of-the-loan-servicing-business/ – Congressman Barney Frank is calling for the restructure of the loan servicing business –

Part 2 – Well, in the past we have talked a lot about loan modifications and since the first time we started talking about loan modifications the whole space has changed. Everything about loan modifications since our very first broadcast talking about it, we don’t talk about it every week, but we do talk about it allot. It has changed so much, when we started anybody who had a significant hardship, or financial hardship, or had one of these toxic mortgages, that had adjusted, would be able to qualify for a loan modification. These things have changed all of a sudden, and not all across the board. Brett you made a comment earlier that people are concerned that once these servicers do these modifications they could be subject to lawsuits right?

Yes, it is amazing how quickly things have changed over the course of the last couple of weeks, it seems this information, and this news is changing almost hour by hour, at this point one of the things that came out regarding this mortgage modification program is from Barney Frank, “Congress should act to restructure the servicing of home mortgages.” So the idea is that they are catching on to something that you and your team at velocity financial were ahead of the curve on in terms of loan modifications.

Knowing that those rules for a hardship and why you are entitled to one have definitely changed. Now it is more of a situation where in order to stop foreclosure, to stop the problems associated with this mass foreclosure market place, modifications are being talked about amongst the banks now. Barney Franks comments today, he stressed how these voluntary inducements to get these private entities to protect homeowners from the government has fallen short, and Hank Paulson has fallen short of putting their weight behind this concept.

Although I personally believe that is the next evolution of this. Loan Modifications are a critical step for people who are feeling this economic crisis, and for people who want to stay in a home, for people who need this type of assistance. The idea is you have a short window of opportunity here before something else significant changes where you may no longer be entitled to.

You heard Citigroup, you know this we talked about it, Citigroup came out and made the announcement that they were going to suspend their pursuit of foreclosures in certain areas of the country that have the highest unemployment rate, that was the caveat. We will see how big the scope of that gets, but the whole idea is for you as a mortgage owner, as a home owner with a mortgage, if you need to establish a modification to an existing loan, in order to have more favorable terms in interest, a more favorable monthly payment, a way to keep that home, you have to look at this option.

Yes, and I appreciate you saying that one of the things that Citigroup announced they were going to be doing was giving people teaser rates of 1%. Look anybody with a brain can realize that that is ludicrous. What got us into this situation in the first place was huge banks, just like that one, giving people toxic mortgages, with fake interest rates, and pick your own payment, do whatever the heck you want to. It is exactly what they are trying to do again.

Essentially what they are talking about is giving people a short window of a very low interest rate, but they are going to be back in the same situation in the future. That’s why the loan modifications that we do, that we hire on your behalf, the national network of attorney’s that we use. We go for the throat, we are not looking to get you a 1% interest rate for the next 12 months. We are looking to get you a lifelong, or for the term of the loan if possible, the very lowest interest rate available, and fix it or extend the term so you can actually sustain that payment well beyond the short term.

One thing I want to point out before we have to go to a break, if you know of anyone out there, that has a GMAC mortgage, whether it be a GMAC first mortgage or second mortgage, you have got to tune in to the second segment you are not going to believe this scam that’s out there, going against people with these loans… http://realestatemarketingthisweek.com

Duration : 0:5:49

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Loans Comments Off

Federal Reserve Debt Monetization Explained.

Http://www.Inflation.us
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Super PUMP

http://www.bloomberg.com/news/2010-08-10/fed-to-reinvest-principal-on-mortgage-proceeds-into-long-term-treasuries.html

Bankrupt

http://www.bloomberg.com/news/2010-08-11/u-s-is-bankrupt-and-we-don-t-even-know-commentary-by-laurence-kotlikoff.html

http://www.cnbc.com/id/38654017

July Deficit grows 165 Billion
http://online.wsj.com/article/SB10001424052748704901104575423601722830706.html

Duration : 0:2:57

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Renaissance 2.0: Lesson 2 – Revisiting Economics 101 – Debt

(link to lesson 3: http://www.youtube.com/watch?v=a2VDC8UQ3c8)

Lesson 2 – Revisiting Economics 101 – debt: Imperial Power and Control discusses the power of debt-based money, emboded in the bond market, and its ability to exert total top-down power and control over the empire. You will learn how our system is not a free market and how neoclassical economics misses so many key points.

Duration : 0:8:17

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Money as Debt II Promises Unleashed (7 of 8)

Quick easy way to accumulate silver

http://silversnowball.com/1861/

Bailouts, stimulus packages, debt piled upon debt, where will it all end?

How did we get into a situation where there has never been more material wealth & productivity and yet everyone is in debt to bankers?

And now, all of a sudden, the bankers have no money and we the taxpayers, have to rescue them by going even further into debt!

Money as debt II Explores the baffling, fraudulent and destructive arithmetic of the money system that holds us hostage to a forever growing DEBT…and how we might evolve beyond it into a new era.

http://www.moneyasdebt.net/

Duration : 0:9:55

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National Debt. To whom do we owe it? (4/5) Ron Paul 2008

Very powerful. From 2003. Rod Parsley. btw. I’m atheist.

Duration : 0:8:59

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