"The Warning" Is Government the Problem?

[thoughtone]

The Warning - PBS
On air and online October 20, 2009 at 9:00pm (check local listings)

<object width="560" height="340"><param name="movie" value="http://www.youtube.com/v/qP4d5paLECs&hl=en&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/qP4d5paLECs&hl=en&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="560" height="340"></embed></object>

<object width="560" height="340"><param name="movie" value="http://www.youtube.com/v/rY6KAdN4Qn0&hl=en&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/rY6KAdN4Qn0&hl=en&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="560" height="340"></embed></object>​

 

[Lamarr]

I'll check it out but I don't expect much truth. For instance, The Federal Reserve (our central bank) was formed out of the Fed Res Act in 1913 to regulate the "booms & busts" of earlier periods. The Fed Res Act, in itself, is the regulation that has failed the people. Coincidentally, 1913 is when "Income Tax" was introduced. This country was hijacked by foreign interests.

There is only 2 conclusions one can draw from the actions of "Bubbles" Greenspan & Bernanke: 1) incredible incompetence 2) it was a plan!

"If the American people ever allow private banks to control the issue of their currency, first by inflation then by deflation, the banks and the corporations will grow up around them, will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." - Thomas Jefferson

 

[thoughtone]

I'll check it out but I don't expect much truth. For instance, The Federal Reserve (our central bank) was formed out of the Fed Res Act in 1913 to regulate the "booms & busts" of earlier periods. The Fed Res Act, in itself, is the regulation that has failed the people. Coincidentally, 1913 is when "Income Tax" was introduced. This country was hijacked by foreign interests.

There is only 2 conclusions one can draw from the actions of "Bubbles" Greenspan & Bernanke: 1) incredible incompetence 2) it was a plan!

"If the American people ever allow private banks to control the issue of their currency, first by inflation then by deflation, the banks and the corporations will grow up around them, will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." - Thomas Jefferson

I'll check it out but I don't expect much truth.

You need to read a book.

 

[Lamarr]

You need to read a book.

ok Thought, What did I mention that is factually incorrect?

http://usgovinfo.about.com/library/weekly/aa081599.htm

The Federal Reserve System:

* Conducts America’s monetary policy.

* Supervises and regulates banks and protects consumers’ credit rights.

* Maintains the stability of America’s financial system
* Provides financial services to the U.S. Government, the public, financial institutions, and foreign financial institutions.

 

[Cruise]

I'll check it out but I don't expect much truth. For instance, The Federal Reserve (our central bank) was formed out of the Fed Res Act in 1913 to regulate the "booms & busts" of earlier periods. The Fed Res Act, in itself, is the regulation that has failed the people. Coincidentally, 1913 is when "Income Tax" was introduced. This country was hijacked by foreign interests.

There is only 2 conclusions one can draw from the actions of "Bubbles" Greenspan & Bernanke: 1) incredible incompetence 2) it was a plan!

You can't believe anything the government says about helping you. EVER!

The government promises better healthcare with new laws. It gets worse.
It promises better education/schooling, it gets worse.
It promises more employment, it gets worse.
It promises more mass transit, it gets worse.
It promises more preventitive medicine, you get more disease.
It promises less drug use, it gets worse.
It promises bank safety, it gets worse.
It promises more foreign safety, it gets worse.

These white politicians, white government, and white laws are here only to help whites.

Is there a more organized, well-funded, militarized organization on the planet better at advancing the cause of white supremacy?

 

[Lamarr]

You can't believe anything the government says about helping you. EVER!

The government promises better healthcare with new laws. It gets worse.

Are you suggesting that the govt cure is worse than the govt disease?

These white politicians, white government, and white laws are here only to help whites.

I know its some brothaz that have made a contribution?

 

[Cruise]

Are you suggesting that the govt cure is worse than the govt disease?

I must admit. It is kind of amazing the way the government has manipulated the public for so long, to fight its own best interests, for some new "hope" or "plan" or "scheme" or "law" the politicians make up in their heads.

These are probably mass population and mass control techniques that have been developed for hundreds (if not thousands) of years.

I know its some brothaz that have made a contribution?

I was going to say whites and their agents but figured the agents are not worth mentioning due to my contempt utter contempt for them.

 

[thoughtone]

You can't believe anything the government says about helping you. EVER!

The government promises better healthcare with new laws. It gets worse.
It promises better education/schooling, it gets worse.
It promises more employment, it gets worse.
It promises more mass transit, it gets worse.
It promises more preventitive medicine, you get more disease.
It promises less drug use, it gets worse.
It promises bank safety, it gets worse.
It promises more foreign safety, it gets worse.

These white politicians, white government, and white laws are here only to help whites.

Is there a more organized, well-funded, militarized organization on the planet better at advancing the cause of white supremacy?

It promises better education/schooling, it gets worse.
It promises more employment, it gets worse.
It promises more mass transit, it gets worse.
It promises more preventitive medicine, you get more disease.
It promises less drug use, it gets worse.
It promises bank safety, it gets worse.
It promises more foreign safety, it gets worse.

Contrast these claims prior to the Reagan Revolution (1980s), when Reagan said,” the nine worst words are, I'm here from the government and I'm here to help." to afterward. I went to public school and I had a better education than today's private school children. The right wings deregulation of our society now when we don't make anything apposed to more regulation of pre Reagan when we were the number one manufacturing nation in the history f the world. Cruise, as usual, your rhetoric is hollow.

 

[Lamarr]

I must admit. It is kind of amazing the way the government has manipulated the public for so long, to fight its own best interests, for some new "hope" or "plan" or "scheme" or "law" the politicians make up in their heads.

These are probably mass population and mass control techniques that have been developed for hundreds (if not thousands) of years.

It's Pimpin......big, Big Pimpin! They got everybody watchin "Ballon Boy" while 45,000 more kids are being sent oversees

 

[Lamarr]

Contrast these claims prior to the Reagan Revolution (1980s), when Reagan said,” the nine worst words are, I'm here from the government and I'm here to help." to afterward. I went to public school and I had a better education than today's private school children. The right wings deregulation of our society now when we don't make anything apposed to more regulation of pre Reagan when we were the number one manufacturing nation in the history f the world. Cruise, as usual, your rhetoric is hollow.

oh damn, the board is about to come alive today!

 

[thoughtone]

ok Thought, What did I mention that is factually incorrect?

I'm going to quote Elizabeth Warren.

"From 1932 when Roosevelt imposed regulation in the financial system to 1980, we had no stack market crashes. From 1980 until today, we have a crash ever 10 years or so."

I'm paraphrasing her from memory. I'm am not say the Fed is not corrupt and doesn’t need cleaning, I'm saying when you have wolves guarding the hen house, you better expect chickens to get eaten, regardless of how secure you build the chicken coup!

 

[thoughtone]

oh damn, the board is about to come alive today!

It's always jumpin'. You choose to ignore the Corporate Externalizes threads! You can’t apologies for those crimes can you?

 

[Lamarr]

It's always jumpin'. You choose to ignore the Corporate Externalizes threads! You can’t apologies for those crimes can you?

I only ignored your "Corporate Externalities" thread because it's a lot of info to digest, plus I was new! I'll check it out though.

 

[thoughtone]

I only ignored your "Corporate Externalities" thread because it's a lot of info to digest, plus I was new! I'll check it out though.

 

[Cruise]

Contrast these claims prior to the Reagan Revolution (1980s), when Reagan said,” the nine worst words are, I'm here from the government and I'm here to help." to afterward. I went to public school and I had a better education than today's private school children. The right wings deregulation of our society now when we don't make anything apposed to more regulation of pre Reagan when we were the number one manufacturing nation in the history f the world. Cruise, as usual, your rhetoric is hollow.

That's the difference between this human and those whites passing laws. I don't force it on you.

Remember, you don't send representatives to Washington. Washington sends its representatives to you... to pacify you... to lie to you... to keep you docile... to keep you compliant.

I'm going to quote Elizabeth Warren.

"From 1932 when Roosevelt imposed regulation in the financial system to 1980, we had no stack market crashes. From 1980 until today, we have a crash ever 10 years or so."

This is a ridiculous statement to make because the Great Depression lasted from 1929-1942.

Sure, there were no stock market crashes. That is because people had gotten wise to that casino from 1929.

However, this new generation thinks the casino has changed simply because they don't remember how crooked it is, from the lessons learned during the Great Depression.

The Federal Government, the Federal Reserve, and the stock market.

Now, those are people you can really trust with your life savings.

 

[thoughtone]

That's the difference between this human and those whites passing laws. I don't force it on you.

Remember, you don't send representatives to Washington. Washington sends its representatives to you... to pacify you... to lie to you... to keep you docile... to keep you compliant.

This is a ridiculous statement to make because the Great Depression lasted from 1929-1942.

Sure, there were no stock market crashes. That is because people had gotten wise to that casino from 1929.

However, this new generation thinks the casino has changed simply because they don't remember how crooked it is, from the lessons learned during the Great Depression.

The Federal Government, the Federal Reserve, and the stock market.

Now, those are people you can really trust with your life savings.

This is a ridiculous statement to make because the Great Depression lasted from 1929-1942.

What is so ridiculous? Expound.

Sure, there were no stock market crashes. That is because people had gotten wise to that casino from 1929.

You can't be that ignorant. There was a big crash in the 1890s, before the FED.

However, this new generation thinks the casino has changed simply because they don't remember how crooked it is, from the lessons learned during the Great Depression.

It's called REGULATION!!! Something the right abhors.

Now, those are people you can really trust with your life savings.

Who do you trust with your life savings? The mattress?

 

[Cruise]

What is so ridiculous? Expound.

She implies the Great Depression was from the stock market crash. Thus, regulations that prevent crashes, prevent recessions/depressions.

It's curing the symptom (the crash), not the disease (the Federal Reserve easy credit virus).

If you look at every recession, it's because easy bank credit (pre-1913) or Federal Reserve printing forced down interest rates (post-1913). This leads to wild speculation and waste (the BOOM). Eventually, the waste and failure overwhelms the country and it needs to recover (the BUST).

You can't be that ignorant. There was a big crash in the 1890s, before the FED.

Who cares, other than New York fat cats and their banker buddies? The stock market was nothing like it was AFTER the Federal Reserve existed.

Central Banks are to stock markets what a booster is to a rocket. When the Federal Reserve was created, it's like they gave Wall Street their own printing press.

Because of the Federal Reserve, all wealth goes through New York, in one way or another. And, New York takes its cut of every dollar earned, traded, or borrowed in this country.

Who agreed to that?

It's called REGULATION!!! Something the right abhors.

Who do you trust with your life savings? The mattress?

The right loves regulation when it hinders competition. They hate it when it creates competition.

Personally, I put wealth in a number of things, but very few in these debt dollars.

I trust the bum on the street more than the Federal government.

 

[muckraker10021]

DVD Quality 600MB
Video: Xvid 624x352 29.97fps
Audio: MPEG Audio Layer 3 48000Hz stereo 89Kbps

http://rapidshare.com/files/296456164/FrontLine_Warning09.part1.rar
http://rapidshare.com/files/296444252/FrontLine_Warning09.part2.rar
http://rapidshare.com/files/296446610/FrontLine_Warning09.part3.rar
http://rapidshare.com/files/296449059/FrontLine_Warning09.part4.rar
http://rapidshare.com/files/296451336/FrontLine_Warning09.part5.rar
http://rapidshare.com/files/296453675/FrontLine_Warning09.part6.rar
http://rapidshare.com/files/296453779/FrontLine_Warning09.part7.rar

 

[thoughtone]

I recorded it on my hard drive.

 

[Lamarr]

just saw it, there were some interesting points in the presentation but I'm still left with one question: Where did the money come from to allow these investment banks speculate on the derivative markets? Greenspan?

see post 4

 

[thoughtone]

just saw it, there were some interesting points in the presentation but I'm still left with one question: Where did the money come from to allow these investment banks speculate on the derivative markets? Greenspan?

see post 4

Where did the money come from? Where you not paying attention or did you fall asleep during the program. The money came from funds, IRAs, personal investments that the Reagan revolution encouraged the average person to get involved in putting their money in to Wall Street gambling I mean trading. Value was multiplied on paper only due to the long line of deregulation starting in the 1980s. One of the first arguments the program laid out was that Reagan won the ideological debate. Reagan said, “Government is not the answer to the problems, it is the problem”. After 8 years of Reagan and 4 years of GHW Bush, by the time Clinton was in office, he had dare not swim against this political tide. Thus the economic disasters we have today!

 

[Lamarr]

Where did the money come from? Where you not paying attention or did you fall asleep during the program. The money came from funds, IRAs, personal investments that the Reagan revolution encouraged the average person to get involved in putting their money in to Wall Street gambling I mean trading.

Let me explain it another way: I agree with the above synopsis and its true, however, the GDP of the WORLD is only between 12-14 trillion a year. YOU just had a thread measuring the derivatives at 684 Trillion. My point is very simple, The Federal Reserve (who is responsible for regulating banking activities) allowed the Banks to speculate: 684 Trillion,(Aint that many IRA's, CD's, & Investments in the world!) WE HAD REGULATION: GREENSPAN & THE FED FAILED!

Let me refresh you with the purpose of the Federal Reserve:

* Conducts America’s monetary policy.

* Supervises and regulates banks and protects consumers’ credit rights.

* Maintains the stability of America’s financial system
* Provides financial services to the U.S. Government, the public, financial institutions, and foreign financial institutions.

 

[Cruise]

Let me explain it another way: I agree with the above synopsis and its true, however, the GDP of the WORLD is only between 12-14 trillion a year. YOU just had a thread measuring the derivatives at 684 Trillion. My point is very simple, The Federal Reserve (who is responsible for regulating banking activities) allowed the Banks to speculate: 684 Trillion,(Aint that many IRA's, CD's, & Investments in the world!) WE HAD REGULATION: GREENSPAN & THE FED FAILED!

Let me refresh you with the purpose of the Federal Reserve:

* Conducts America’s monetary policy.

* Supervises and regulates banks and protects consumers’ credit rights.

* Maintains the stability of America’s financial system
* Provides financial services to the U.S. Government, the public, financial institutions, and foreign financial institutions.

First, derivatives are basically insurance. They are not money in any real sense, at least not before 1999.

Second, I believe they are looking at the face value of the insurance. For instance, if a call option costs $315, it might represent $50,000 (or any number for that matter) in stock. No one exercises the option, they just trade it or let it expire.

Third, if you can have infinite insurance on the same securities, you can have infinite size in the derivatives markets.

When Clinton signed those two financial market deregulation bills (1999 & 2000), he basically allowed mortgage-backed securities derivatives to be used as assets.

It's like saying your $100,000 insurance policy is worth $100,000 today and you can use it as collateral for a loan.

Now, that was a path to failure.

 

[Lamarr]

Second, I believe they are looking at the face value of the insurance. For instance, if a call option costs $315, it might represent $50,000 (or any number for that matter) in stock. No one exercises the option, they just trade it or let it expire.

Third, if you can have infinite insurance on the same securities, you can have infinite size in the derivatives markets.

When Clinton signed those two financial market deregulation bills (1999 & 2000), he basically allowed mortgage-backed securities derivatives to be used as assets.

It's like saying your $100,000 insurance policy is worth $100,000 today and you can use it as collateral for a loan.

Now, that was a path to failure.

yeah, excuse my rant against the Fed! It's clear to me Clinton's actions need to be reversed. The Gov wants to continue the same reckless policies, ok. Time to prepare, for real

Should be one 'big' party once the unwinding begins! What puzzles me is the public is looking to the same cats who created the problem, to fix the problem

 

[thoughtone]

First, derivatives are basically insurance. They are not money in any real sense, at least not before 1999.

Second, I believe they are looking at the face value of the insurance. For instance, if a call option costs $315, it might represent $50,000 (or any number for that matter) in stock. No one exercises the option, they just trade it or let it expire.

Third, if you can have infinite insurance on the same securities, you can have infinite size in the derivatives markets.

When Clinton signed those two financial market deregulation bills (1999 & 2000), he basically allowed mortgage-backed securities derivatives to be used as assets.

It's like saying your $100,000 insurance policy is worth $100,000 today and you can use it as collateral for a loan.

Now, that was a path to failure.

Brought to you courtesy of the anti government, free marketers!

 

[thoughtone]

yeah, excuse my rant against the Fed! It's clear to me Clinton's actions need to be reversed. The Gov wants to continue the same reckless policies, ok. Time to prepare, for real

Should be one 'big' party once the unwinding begins! What puzzles me is the public is looking to the same cats who created the problem, to fix the problem

Clinton, GHW, Reagan.

Remember Black Monday (1987)
S & L Crisis 1986 - 1991
Dot Com Bubble 1999 - 2000

Again, 1932 till 1982, not one banking financial crisis. Since Reagan's anti government revolution, we have them about every ten years.

Without regulation, capitalism will eat itself to death!

 

[Lamarr]

Again, 1932 till 1982, not one banking financial crisis. Since Reagan's anti government revolution, we have them about every ten years.


Without regulation, capitalism will eat itself to death!

a few points:

1) We saw how Summers Rubin & Greenspan treated Brooksley Born when she wanted to blow the whistle. The lady was demonized for trying to do the right thing AND not a word from the media regarding her efforts.

2) How about Bankruptcy for these Banks? - now that is Regulation

3) All I ask for is for govt to enforce the laws on the books now, we don't need more laws - just enforcement!

Last point: Government has never increased the standard of living of one single human being in civilization's history.
So thinking they are the solution is not the answer, hell - I'd trust the muh-fuckaz on this board more! I'm not a fan of Reagan but I'll defend Capitalism in its true sense, without govt interference.

 

[thoughtone]

a few points:

1) We saw how Summers Rubin & Greenspan treated Brooksley Born when she wanted to blow the whistle. The lady was demonized for trying to do the right thing AND not a word from the media regarding her efforts.

2) How about Bankruptcy for these Banks? - now that is Regulation

3) All I ask for is for govt to enforce the laws on the books now, we don't need more laws - just enforcement!

Last point: Government has never increased the standard of living of one single human being in civilization's history.
So thinking they are the solution is not the answer, hell - I'd trust the muh-fuckaz on this board more! I'm not a fan of Reagan but I'll defend Capitalism in its true sense, without govt interference.

All I ask for is for govt to enforce the laws on the books now, we don't need more laws - just enforcement!

“The laws on the books now” at one time were laws that those, like as yourself were bitching about saying, “ All I ask for is for govt to enforce the laws on the books now, we don't need more laws.” FDR faced the same problems in trying to fix the economy after the 1929 stock market crash. In fact the main reason we are in this predicament is because the right un-did the New Deal regulations and actually want even less regulation. The right always blames the government. Never blame themselves. Just like Greenspan said, “the market doesn’t make mistakes. It corrects itself.” Now he had to eat those words.

Government has never increased the standard of living of one single human being in civilization's history.

Site your evidence, specifically.

So thinking they are the solution is not the answer,

They may not be THE answer, they are part of the solution if we have people like Brooksley Born and Ralph Nader regulating the blood sucking capitalists.

 

[thoughtone]

She implies the Great Depression was from the stock market crash. Thus, regulations that prevent crashes, prevent recessions/depressions.

It's curing the symptom (the crash), not the disease (the Federal Reserve easy credit virus).

If you look at every recession, it's because easy bank credit (pre-1913) or Federal Reserve printing forced down interest rates (post-1913). This leads to wild speculation and waste (the BOOM). Eventually, the waste and failure overwhelms the country and it needs to recover (the BUST).



Who cares, other than New York fat cats and their banker buddies? The stock market was nothing like it was AFTER the Federal Reserve existed.

Central Banks are to stock markets what a booster is to a rocket. When the Federal Reserve was created, it's like they gave Wall Street their own printing press.

Because of the Federal Reserve, all wealth goes through New York, in one way or another. And, New York takes its cut of every dollar earned, traded, or borrowed in this country.

Who agreed to that?



The right loves regulation when it hinders competition. They hate it when it creates competition.

Personally, I put wealth in a number of things, but very few in these debt dollars.

I trust the bum on the street more than the Federal government.

Who cares, other than New York fat cats and their banker buddies? The stock market was nothing like it was AFTER the Federal Reserve existed.

Poor man, you are sorely misinformed!

The Long Depression

 

[thoughtone]

^^^^^^^^^^^6