Amusing video from NealF –
As the title implies, this is not safe for work . . .
Info:
Think the Federal Reserve is a government institution? Think again. It’s a group of privately owned banks that Congress illegally gave the right to print money. Now they print it, loan it to us, then we pay it back with interest. What a scam!
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"Overall household indebtedness is up from $7 trillion to almost $10 trillion since 2000. On this sum, we estimate, the American consumer has an annual interest bill of more than $500 billion; a sum, by the way, that vastly exceeds his current income growth." —Kurt Richebacher
Knowing that the vote over the weekend in Greece was really a referendum on Euro membership, a majority of the Greek Parliament said yes to staying. European Finance Ministers meet again on Wednesday to solidify the 2nd bailout package for Greece at the same time hopefully a deal is consummated between Greece and its creditors this week. The Greek 14.5b euro bond that matures on March 20th is up by 2 pts. The optimism that all will be completed and contained AGAIN to Greece has yields lower in Portugal, Spain and Italy. The iTraxx Financial Index is also narrower by...
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January 23rd, 2009 at 10:14 pm
That is F*%cking HEROIC
January 24th, 2009 at 1:12 am
Best video ever posted on Big Picture. No contest.
January 24th, 2009 at 7:52 am
oh good, another person who thinks that JFK was going to fix everything but he mysteriously got shot (insert sneering reference to “lone gunman”) before he could.
Recommendation: Long aluminum foil.
January 24th, 2009 at 8:17 am
john haskell: Yeah, well, keep drinking the Kool-aid and we’ll keep wearing our tin foil hats and we’ll see who the last man standing is….
January 24th, 2009 at 11:31 am
More true today than in Depression years….
“We have, in this country, one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of the United States and has practically bankrupted our government. It has done this through the corrupt practices of the moneyed vultures who control it”. — Congressman Louis T. McFadden
January 24th, 2009 at 1:26 pm
really cool song! But, ya like there was never a bubble in history before national banks : http://en.wikipedia.org/wiki/Tulip_mania -perhaps we need to dig a little deeper ?