recession
Debt Collectors Exposed
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Duration : 0:7:26
Trouble in Fall 2009? College Graduates can’t find Jobs; States Raising Taxes; Marriage Decline
Japans Prime Minister announced a 15.4 Trillion Yen Economic Stimulus Package
•$154 billion
http://www.bloomberg.com/apps/news?pid=20601087&sid=aP7_fW3Kogpc&refer=home
More States Look to Raise Taxes
•Tax revenue is plummeting nationwide and states are responding with even more taxes
http://online.wsj.com/article/SB123923448796803135.html
http://economix.blogs.nytimes.com/2009/03/06/putting-a-months-job-losses-in-perspective/
US FED: FOMC Downgraded its GDP Projection For 2009, 2010
•Federal Open Market Committees new forecast is
•GDP between -1.3% and -0.5% in 2009 (my prediction
•2.5% and 3.3% in 2010
•also downgraded their projections for the unemployment forecast by saying it would increase sharply in the first half and flatten out in the second half
http://www.forbes.com/feeds/afx/2009/04/08/afx6271000.html
Obama to Push Immigration Bill Despite the Risks
•Obama will make a push to reform immigration
•Start talking about creating a pathway for illegal immigrations to become citizens.
•Although there will not a major push for immigration reform until the economic crisis is resolved
http://www.nytimes.com/2009/04/09/us/politics/09immig.html?_r=1&hp
Laid-off U.S. workers finding new jobs, less pay
•Half of U.S. workers laid off in the past year who were questioned in a survey reported finding new jobs, but often with less pay and in a different field.
http://uk.reuters.com/article/burningIssues/idUKTRE5378NV20090408
Poll: Fewer Americans support stricter gun control laws
•according to Gallup polling, 54 percent favored stricter laws in 2001
•50 percent in 2007
•Now, a recent CNN/Opinion Research Corporation poll reveals a sudden drop — only 39 percent of Americans now favor stricter gun laws
•*That number is going to get lower.
•*its no longer a liberal/conservative issue
•Thats why you have liberal Democrats like vention4wh are armed and people like myself who previously had no exposure to guns are buying guns.
http://www.cnn.com/2009/POLITICS/04/08/gun.control.poll/index.html
Out-of-wedlock births hit record high
*let me just say this, marriage as an institute is coming to an end
http://www.cnn.com/2009/LIVING/wayoflife/04/08/out.of.wedlock.births/index.html
Duration : 0:9:20
US To Trade Gold Reserves For Cash Through Cash4Gold.com
Treasury officials say the gold has just been rattling around in the bottom of some vaults at the US Bullion Depository anyway.
Duration : 0:2:32
$78.8 Trillion; United States Debt Obligations exceed world GDP; Monetary Collapse Looming?
How in the world are we going to pay off all of this debt? Raising taxes to do it would burden our economy, and then the situation would only get worse. To me the solution is obvious, cut spending.
For too long in this country we’ve had the give-me-stuff people standing there with their hand out, and the government putting something in it. Does the idea of small government ring a bell? It is what our founding Fathers had in mind when they gave us our constitution. That is why there is a list in the constitution that quite clearly spells out the powers of the federal government, and also what it is not allowed to do. So basically if it was not listed as a power, then they are to stay away from it, and allow the States to handle it.
Just take a look at federal laws. At the very beginning they will state their authority in enacting the law, and it is almost always the commerce clause. I’m sure they even think that just because your computer is hooked up to the internet, and therefore has contact with other computers in other States, that they then would have the constitutional right of regulating your computer, and thereby your internet communications; they are out of control.
jbranstetter04
Federal obligations exceed world GDP
Does $65.5 trillion terrify anyone yet?
As the Obama administration pushes through Congress its $800 billion deficit-spending economic stimulus plan, the American public is largely unaware that the true deficit of the federal government already is measured in trillions of dollars, and in fact its $65.5 trillion in total obligations exceeds the gross domestic product of the world.
The total U.S. obligations, including Social Security and Medicare benefits to be paid in the future, effectively have placed the U.S. government in bankruptcy, even before new continuing social welfare obligation embedded in the massive spending plan are taken into account.
The real 2008 federal budget deficit was $5.1 trillion, not the $455 billion previously reported by the Congressional Budget Office, according to the “2008 Financial Report of the United States Government” as released by the U.S. Department of Treasury.
The difference between the $455 billion “official” budget deficit numbers and the $5.1 trillion budget deficit cited by “2008 Financial Report of the United States Government” is that the official budget deficit is calculated on a cash basis, where all tax receipts, including Social Security tax receipts, are used to pay government liabilities as they occur.
But the numbers in the 2008 report are calculated on a GAAP basis (“Generally Accepted Accounting
Practices”) that include year-for-year changes in the net present value of unfunded liabilities in social insurance programs such as Social Security and Medicare.
Under cash accounting, the government makes no provision for future Social Security and Medicare benefits in the year in which those benefits accrue.
“As bad as 2008 was, the $455 billion budget deficit on a cash basis and the $5.1 trillion federal budget deficit on a GAAP accounting basis does not reflect any significant money [from] the financial bailout or Troubled Asset Relief Program, or TARP, which was approved after the close of the fiscal year,” economist John Williams, who publishes the Internet website Shadow Government Statistics, told WND.
“The Congressional Budget Office estimated the fiscal year 2009 budget deficit as being $1.2 trillion on a cash basis and that was before taking into consideration the full costs of the war in Iraq and Afghanistan, before the cost of the Obama nearly $800 billion economic stimulus plan, or the cost of the second $350 billion in TARP funds, as well as all current bailouts being contemplated by the U.S. Treasury and Federal Reserve,” he said.
“The federal government’s deficit is hemorrhaging at a pace which threatens the viability of the financial system,” Williams added. “The popularly reported 2009 [deficit] will clearly exceed $2 trillion on a cash basis and that full amount has to be funded by Treasury borrowing.
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=88851
Duration : 0:1:41
Credit Card Reform in Action
http://www.MarkFiore.com Watch the latest animation on credit card reform. If you love your credit card company, you’ll love this inside look at the credit card reform act that will take effect soon. A Mark Fiore political animation. Credit reform animation: don’t leave home without it.
Duration : 0:2:1
Eliminating Debt with Bad Debts
The national debt is making highs it hasn’t seen in a long time. In fact, higher than we have ever seen. The amount of people whom owe to financial institutions like JP Morgan and Citi is very high. The amount owed to the credit card companies and any other company keeps going higher.
This is because we live in a system where we charge interest and this comes from no where but the increase of debt. Because the central bankers all over the world monopolize the money system, it is impossible to pay this debt back. If we were on a gold and/or silver standard then we could at least mine our own metals to pay interest expenses and charging interest could work.
It does not work with fiat dollars and in this video I go through what seems to be accounting basics that would eliminate debt. However, for this to happen we would need to see all the creditors of the world be nice to eliminate debt. This in turn would lower than equity and profits significantly.
Thank you for watching
Derek
Duration : 0:9:35
State Debt is Uncontrollable & Is any work better than no work?
State debt Woes Grow Too Big to Camouflage
http://finance.yahoo.com/banking-budgeting/article/109211/state-debt-woes-grow-too-big-to-camouflage
Who is David Brian Stone?
http://news.yahoo.com/s/csm/20100329/ts_csm/291267
Health Care Bill (Ready Reserve Corps (p. 1310))
Half of Commercial Mortgages to Be Underwater: Warren
http://www.cnbc.com/id/36085517
Obama backs secrecy for Bush pardon denials
http://www.politico.com/blogs/joshgerstein/0310/Obama_backs_secrecy_for_Bush_pardon_denials.html
Is any work better than no work? Not for unemployment benefits.
http://news.yahoo.com/s/csm/20100329/ts_csm/291284
Obama to allow oil drilling off Virginia
http://www.msnbc.msn.com/id/36110038/ns/business-oil_and_energy/
Duration : 0:9:4
Jobs, Markets, Emigration, Student Loans, Capital Controls
also check me out on http://www.facebook.com/PeterSchiff and http://twitter.com/schiffforsenate
Duration : 0:9:27
Money as Debt II Promises Unleashed (5 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 w might evolve beyond it into a new era.
http://www.moneyasdebt.net/
Duration : 0:9:56
Money as Debt II Promises Unleashed (4 of 8)
Quick and easy way to accumlate 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 w might evolve beyond it into a new era.
http://www.moneyasdebt.net/
Duration : 0:9:56
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