Video duration: 190 seconds
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Have questions? Call 888-573-6123 for free consultation www.FreeDebtExam.com http The power of compound interest. This is why it's so hard to get out of credit card debt. If you want free help, take the Free Debt Exam at www.FreeDebtExam.com
cool!? By: mermaid1212. on 25 Mar 12, 09:26:16 cool!?
I know how to get ... By: ericrichard7. on 15 Dec 11, 00:18:53 I know how to get out if that ridiculous interest rates and compound interest. Its call fuck the credit card company and u start off? fresh by filing bankruptcy.
I like the thought ... By: DebtCreditRepayment. on 07 Oct 11, 06:31:03 I like the thought of Einstein. Compound interest is the most powerful force in the? universe. Amazing video.
It is inescapable. ... By: mlmr11. on 21 Jul 11, 14:20:50 It is inescapable. Every item on the market today has artificially inflated value because most people buy on time and interest. A TV set that should cost $100 based on the average mans salary and ability to pay costs $500 dollars because he's buying it based on a monthly payment.
But it doesn't stop at $500 dollars because they interest he's going? to pay on the television might cost him $100 + ...total cost of TV that should cost $100 = $600 + ??? Human stupidity is enslaving us
well if you want ... By: xTheDeathSaintx. on 30 Jun 11, 00:10:30 well if you want free freedom theres more than a couple forest out there for u to live in?
- Thank God I ... By: specialks1953. on 22 Apr 11, 23:16:49 - Thank God I learned to read when I was in school so I can read the terms of credit card companies. NAIVE people should not enter into contracts. NAIVE people know they are Naive yet they still don't protect themselves. Sounds like Naive people should consider getting some help before they do anything that may get them into a situation that don't understand. Those mean old credit card companies? should give people a test before they lend to them. If Naive, they should get credit.
You said that no ... By: charmaliqueNYC. on 22 Apr 11, 22:57:45 You said that no one forces people to do stupid things? Hello, it's called misleading advertising, and these loan companies and credit card companies use every trick and tactic, using celebrities, real costumers or actors who they pay to say these companies's scripts on tv to lure new? and naive customers into their web of false promises and deception, and it works. They're nothing but common loan sharks. I'm just saying. At least, the Debt Professor is telling the truth.
So you see, it's ... By: charmaliqueNYC. on 22 Apr 11, 22:53:28 So you see, it's not the customer's on how they use credit cards or bank? loans. It's the school's and parent's responsibility to teach children right about money, because teens do spend money, but don't pay bills.
As far as the ... By: charmaliqueNYC. on 22 Apr 11, 22:47:46 As far as the plasma TV and other expenses are concern, that's just big spenders who doesn't know anything about managing money. It's been like that since they're kids because they were taught by the schools or their parents on how to earn money and how to manage it when they got it.?
Look, it's not the ... By: charmaliqueNYC. on 22 Apr 11, 22:44:45 Look, it's not the customer's fault to use credit cards. We are not paid enough from emplyers to get what we want. ? Everything is going up now. The rent, the mortgage, the groceries, the medical bills, the heat and electric, the water, the taxes. And we need those things to survive.
- No one forces ... By: specialks1953. on 22 Apr 11, 22:08:51 - No one forces people to do stupid things. If you use credit you should know the lender will make as much money as possible. If? a borrower is stupid enough to borrow from a lender it's the borrower that's stupid not the lender that is bad. Don't buy shit you can not afford no matter how poor you are. My work takes me into poor peoples homes & most of them have a big screen TV & a bunch of other stupid purchases they probably bought on credit. Not the credit card company's fault
You keep going on ... By: charmaliqueNYC. on 22 Apr 11, 21:10:32 You keep going on and on, defending credit card industries, most of them who are scamming poor working class customers out of their hard earned money. Excuse me, there are millions of people in America who are NOT RICH!! They got other bills to pay like rent, electricity, water, etc. And that's on a monthly basis. Most retailers don't accept? cash anymore. How can they pay the total balance with high rates they can't afford when they only earn an average of $15000 after taxes?
If sued, Elect ... By: StSimonMartyr. on 09 Apr 11, 17:53:13 If sued, Elect Arbitration- JAMS and AAA.
It allows a Debtor to go on Offense, and charge creditor with $ Violations on FDCPA- FCRA, they break the law Every time they collect? a debt.
Debtor Boards advocates this, if U dont know your rights, you have none.
Get your case Out of Kangaroo Courts, elect Arbitration, it costs Creditors $3000-10000 to pursue it, most wont.
NAF- declared a Fraud and moratorium, Arb is now working!
Creditors have No note, Affadavit is bogus & $ Securitized
I scored Equifax ... By: altonjjones. on 02 Mar 11, 05:28:51 I scored Equifax 824,? Experian 783 & TransUnion 973. Visit my channel to see how I did it.
My new blog:? ... By: matikaj. on 12 Feb 11, 17:32:36 My new blog:? outofdebtstrategy.blogspot.com
- Credit is not ... By: specialks1953. on 06 Feb 11, 06:32:29 - Credit is not fake nor is it designed to enslave a borrower. - It is provided as a tool, so the lender makes a profit & the borrower is able to balance funds flow. - It is the individual borrower's choice to use credit irresponsibly or? responsibly. - Many lenders rely on the borrower's stupidity to increase above reasonable profits. - ULTIMATELY, IT IS THE INDIVIDUAL'S LIFE CHOICE ! ! ! - Don't blame others for STUPIDITY ! ! ! - No company can remove a borrower's IRRESPONSIBILITY !
- THE ONLY THING ... By: specialks1953. on 06 Feb 11, 06:07:19 - THE ONLY THING YOU NEED TO DO IS PAY OFF YOUR BILLS & QUIT BUYING CRAP YOU DON'T NEED. THERE IS NO SHORTCUT. Stupid people do stupid things. Stupid people that do not learn continue to do stupid things. Stupid people? buy more than they can afford so they use credit to do it. Be stupid & use credit to buy stupid stuff or GET SMART & learn to live on less than your income. (It took me years but I did not cheat anyone out of what I committed to pay them.) Don't blame others for STUPID!
Credit & Credit ... By: specialks1953. on 06 Feb 11, 05:54:48 Credit & Credit cards are not evil. People spending more than they make, is the problem. If I sell you some rope, then you use it to hang yourself, I'm not the bad guy, you? used the rope wrong. - Either use the rope correct or deal with your own problem. - STOP buying the STUFF you WANT ! ! ! - Buy the Stuff you Really NEED. - Pay your bills off & don't use credit wrong. - Search "DAVE RAMSEY", you won't like what he says any more than what I have said here but IF you learn, YOU will be better !
Credit is a fake ... By: ostapo111. on 24 Jan 11, 03:38:13 Credit is a fake concept created by the bankers to enslave us and keep us in perpetual prison, but credit is still needed to function. I was a victim of overbloated credit myself, and struggled for months trying to get my credit score to respectability. Worst time spent EVER.
I was struggling with this, but my friend recommended a company that? did all the leg work for him, and all they charged me was $40/year.
Give them a call if you got credit problems, They are AWESOME:
888-338-3875
Don't pay! But ... By: VinDcator. on 13 Jan 11, 13:45:40 Don't pay! But don't put up with collection calls, either! My method stops all? calls for good! I was a CA manager for years and know the REAL way to STOP ALL CALLS.
cool!? By: mermaid1212. on 25 Mar 12, 09:26:16 cool!?
I know how to get ... By: ericrichard7. on 15 Dec 11, 00:18:53 I know how to get out if that ridiculous interest rates and compound interest. Its call fuck the credit card company and u start off fresh by filing bankruptcy.?
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Glasgow Media Group Director, Prof. Greg Philo discusses his proposal to pay off the national debt on The Daily Politics, BBC2, 15 Sep, 2010. www.glasgowmediagrou p.org
Is it? me or was ... By: sidewalkturtle113. on 01 Feb 12, 03:46:33 Is it? me or was the BBC presenter siding with the tories here/ :/
How is this ... By: DrVadsen. on 10 Feb 11, 00:11:16 How is this politics of envy? How is it unreasonable to get the richest 10% of the population who have benefited and been the most successful because? of the economy to help it when its in trouble. I went to a lecture of Professor Philo's the other day and he stated that this 20% taxation is also progressive. (i.e. the richest of this 10% will pay more than the least rich of this 10%). Perfectly Fair and Reasonable.
He talks straight ... By: MrPhartiphukborlz. on 17 Jan 11, 03:34:54 He talks straight and simply whilst the others avoid it and distract away from the point... its so simple, and they are so uncomfortable.... "the issue is how to? change spending to avoid this happening again"... utter twaddle. ...They are not comfortable with this issue, and I have not seen this man on the TV since.
Puts things right ... By: MrPhartiphukborlz. on 17 Jan 11, 03:26:01 Puts things right into? perspective.....Notice the Tory is straight in there trying to undermine the professor...
excellent video but ... By: TheTrotdog. on 20 Dec 10, 18:27:23 excellent video but change the title so it is easier to find, comes up? in searches and gets more views @319MUTLEY
I'm poor,? give all ... By: scowy1978. on 02 Dec 10, 18:18:14 I'm poor,? give all this money to me
Tax? avoidance = ( ... By: morfar41. on 29 Nov 10, 13:34:11 Tax? avoidance = (tax evasion)+(an expensive lawyer)
A very good ... By: BuddyBoy682. on 26 Nov 10, 01:22:22 A very good discussion that should also be discussed outside of? the TV studios. There certainly is an alternative. Check out the PCS union website for the complete solution. We ordinary people should not be paying for this tax whilst the rich get richer, even though it was they who created the crisis in the first place!
Great idea Greg. I ... By: mkbzn. on 15 Nov 10, 23:05:22 Great idea Greg. I am going to visit the Glasgow Media Group website right know and? get involved =)
how is this? the ... By: RobGordon35. on 23 Oct 10, 19:44:32 how is this? the politics of envy? Greg Philo explains that even the wealthiest people asked on a yougov poll were in favour of it. Everyone in the middle and bottom is paying for the top ten percent; -what is that the politics of palmerstonian, if not greed?
Nobody IS ... By: RobGordon35. on 21 Oct 10, 14:04:34 Nobody IS discussing how much wealth there is in the UK. Greg Philo is correct, but the wealthy (most senior politicians) don't want us to know *exactly* what? is going on.
Ahhhhh....Grant ... By: RobGordon35. on 21 Oct 10, 14:00:36 Ahhhhh....Grant just immediatley? dodges the question and states his own agenda. Typical!
One off? tax. ... By: RobGordon35. on 21 Oct 10, 13:56:21 One off? tax. Brilliant! :)
I've got sweet FA, ... By: palmerstonian. on 14 Oct 10, 16:21:34 I've got sweet FA, but I? don't think taking money from others is going to help me much. This is simply the 'politics of envy'.
Love this idea. ... By: TheScottishTattoo. on 05 Oct 10, 15:38:09 Love this idea. Sadly it is too brilliant for Tory politicians, who would rather rape the? rest of the population.
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Get cutting edge information at: www.FutureMoneyTrend s.com Has the Free Market Been Framed? Part 1 http 20 Reasons the US is done done theeconomiccollapseb log.com VisionVictory Investments APMEX.com CSLFinancialgroup.ne t goldmoney.com For Breaking News VisionVictoryManifes to.com
Are you kidding ... By: louiethegreater. on 25 Jul 10, 21:10:23 Are you kidding michee009, some folks would not care if they were killing newborns and feeding them to the factory workers, as long as their stock was taking a bump they would not care. Asia investment is greed, gone to seed.?
Do what makes you ... By: Cleric775. on 28 May 10, 15:04:06 Do what makes you feel happy V.V. It is? idiotic of them to deny people's choice to choose what to buy or invest in.
I'm pretty ... By: MrGreatLakesBuffalo. on 07 Feb 10, 00:02:48 I'm pretty depressed about the whole things. Just read the Fourth Turning. Found out we are living in the fall of Rome. So shit will suck for the next 20 years. Fuck my parents and their RV. Arrogant entitled fucks. They bought their homes in the mid? 60s and paid them off with inflated dollars. They inherited oil stocks. Fuck them and their ilk. I will enjoy watching their bones turn to dust.
What reality are ... By: sophiemaxer. on 06 Feb 10, 05:34:35 What reality are you living in? The US is going down and "taking a stand" won't change? that, bud.
I move furniture ... By: TenderTrap86. on 04 Feb 10, 19:24:50 I move furniture and I'm lucky if I make 20k in a year. But I actually love manual labor and I hope to save enough to have my own moving? or lawn company one day. People probably say we have a "loser" jobs because we don't get a salary with benefits. WTF! Most people don't realize these "loser" jobs actually paid the bills with relative ease years ago. Soon, the system will catch up to the people who think they've "got it made" too and I can't wait to say, with asshole arrogance, "I told so."
Great advice. Go to ... By: TenderTrap86. on 02 Feb 10, 14:41:26 Great advice. Go to work to work. Don't go in just so you can get? money. George Burns, the famous comdeian, died at 100 years old and he worked up until a few weeks before he died. He always said that you gotta love what you do, no matter what it is. That's the key. Finding meaning, purpose and fun in your occupation, whatever it may be. Burns said it was his key to living the long, full life that he lived. Love your work.
Love it! ... By: Boundbydestiny. on 02 Feb 10, 05:44:39 Love it! Absolutely? love it!
Hey Daniel,
Be ... By: jasonw1215. on 01 Feb 10, 19:46:42 Hey Daniel,
Be careful in China. For example, In Singapore, home prices were up 89% in one year and lending was up 1600% - they have a bubble and there economy is not very resilient - in addition, we know the Fed lies about the numbers coming out of USA, China does the same thing?
what country is ... By: jetztisfeierabend. on 01 Feb 10, 16:54:10 what country is going to be the california of? asia?
You completely ... By: zoticus1. on 31 Jan 10, 20:08:52 You completely contradict yourself by 58s.
Its people like you that are too selfish to not make a stand for your country and your people.Your childs future rests on Us people to make a better world and you invest in CHINA!?
Its people like you that destroy the world with your ME ME attitude,there are? things bigger than YOU!
Hi,
I just came ... By: homebaseincome. on 30 Jan 10, 20:56:49 Hi,
I just came across your channel and subscribed. I can see myself learning? a lot from you. I will be watching, listening and absorbing with what your share.
homebaseincome
look for a coin ... By: pookypoo77. on 30 Jan 10, 06:44:43 look for a coin shop? not just a pawn shop
True, you can't eat ... By: superconor10. on 29 Jan 10, 18:54:29 True, you can't eat gold. But it will retain its value relative to things you need., So when we have massive inflation and gold goes up 5 times in value, along with bread, eggs and other food, you cash in the gold as you need to and buy the food without getting hammered? as you would if you held cash all along and watched it buy less and less.
I love you rebuttal ... By: UniversalMind45. on 29 Jan 10, 18:43:09 I love you rebuttal to those who say "why store gold, you cant eat it, who will trade with you" I have had this argument with so many? folks, family, friends et. Great Point! Rather have Gold and silver then not have it...
go? to a federal ... By: admiralcrash1. on 29 Jan 10, 10:38:46 go? to a federal bank. they will be happy to take what wealth you have left.
I'd like to be in a ... By: admiralcrash1. on 29 Jan 10, 10:33:52 I'd like to be in a hole in Montana right now. It's coooolllldddd on the surface. lol?
Yeah I read about ... By: kryogenikz. on 28 Jan 10, 15:13:26 Yeah I read about that. Very interesting that they dropped using it in the medical practice....I guess druggin' the patients are more? profitable???
We need to talk. My ... By: judutchinski. on 28 Jan 10, 09:02:36 We need to talk. My buddy and I just got in a little arguement. He says I'm unpatriotic. Yet he buys a Japanse motorcycle. He buys everything else america though. I say he's a hypocrit for attacking others, like you whom i mentioned.? His motorcycle is 20% faster than the harley. Your 80% returns were 60% higher than dow investor
'patriots'.
Do you have any guilt or feel a line should be drawn? Just curious, I'm on your side either way. I feel free country should = free choice.
I'll thank my ... By: ytgv3fc7. on 28 Jan 10, 06:43:26 I'll thank my mechanic friend for the info. Turns out the less money people will spend on new cars, the more they will get repairs to keep cars on the road as long as possible, so while it's not 'boom times' it's not bad times for work either. He has to bust? his ass but it is paying off large time.
Craigs list is a ... By: roughcutone2. on 28 Jan 10, 05:13:14 Craigs list is a place to sell bullion. I have bought some from people who needed to raise some cash. There are vultures? there also so look out
You know what I ... By: toprun95. on 28 Jan 10, 04:14:28 You know what I really wish you would talk about.
Places people can sell gold and silver when they need to liquidate? small amounts of thier stash for every day expenses if money gets tight temporarily.
I was in a pawn shop recently and asked what they pay for American Silver Eagles and other silver bars or rounds.
They told me they dont even really want them because they already have them in stock.
Where can I sell a small amount of my Silver/Gold?
P.S. I want to sell locally
Good point - the ... By: redcat362. on 28 Jan 10, 03:00:31 Good point - the goverment already is confiscating? our dollars.
Thanks for the ... By: batman233. on 28 Jan 10, 02:12:54 Thanks for the video. Good points. I wish you would do a video more on a personal level of yourself.? Such as have you ever worked a job, how you got started in real estate, how you got into economics, etc.
GOOD? INFO THANKS By: amcanmike. on 27 Jan 10, 20:58:53 GOOD? INFO THANKS
congrats :)? By: visionvictory. on 27 Jan 10, 20:09:43 congrats :)?
MAKE REAL?? MONEY
... By: primepaid. on 24 May 12, 22:10:03 MAKE REAL?? MONEY
PRIMEMONEY.US??
Want to get up to ... By: Sellforlesscbus. on 31 Mar 12, 06:23:23 Want to get up to 28% cash back when you do shopping online, please check out my channel,? look? for saving? money tip video to start saving money today!
5 Tips for saving ... By: raginh8r. on 21 Mar 12, 21:19:54 5 Tips for saving money:
1: Get rid of your internet service provider
2: Sell the computer
3-5 won't matter because once you get rid of the? internet you won't be able to read them here anyway.
Don't let the ... By: bewustwording. on 26 Jan 12, 15:48:56 Don't let the financial crisis bring you down. I started working from home and I'm now making 200 dollars a day... Don't be the victim, create your own luck! It's really worth checking out the website below,? this guy is amazing...
Go to 2012bestoffers(.)com & Click the guy? in front of the lamborghini's...
Enjoy life!
I think when it ... By: myestatedealdotcom. on 30 Nov 11, 01:23:44 I think when it comes to real estate the best way to save is through saving on realtors commission when selling your property. If your buying why not? try a new revolutionary? system that helps you get a rebate of any property you buy!!!
I love? your hair! By: happymom2day. on 13 Jul 11, 04:07:57 I love? your hair!
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After you watch this video check out my debt collector prank phone call video's ..Want to know what the CC company is going to do to you ? NOTHING , hell if you call THEM enough times they end up blocking YOU! lol
haaaaaa!!!!!!!!? he ... By: noRmevEl. on 26 Mar 12, 02:34:59 haaaaaa!!!!!!!!? he scared the crap out of me, what the hell is this........scary.boo boo
somewhat imporant . ... By: MarquisdeLafayett. on 30 Dec 11, 23:57:13 somewhat imporant ... it's MUCH MUCH harder to get credit these days ... so i wasn't completely wrong ... and for anyone on the low end of the spectrum? , it would have been better for them to max out their cards rather than have the credit card company cut their lines proactively .
Well its almost ... By: amisamiamiam. on 30 Dec 11, 18:10:34 Well its almost three years since this vid? was made and guess what...credit scores are still important. haha
I've been wondering ... By: asubjectiveopinion. on 16 May 11, 09:07:09 I've been wondering why it still takes 5 days to "process" an electronic transfer? when we live in the 21st century.
Apparently the money is used, by the card company, to play the overnight markets.
So, basically, the payments take 5 days because the credit card companies gamble with it.
And they wonder why we hate bankers so much...
Way to tell us the ... By: MSM586. on 01 May 11, 23:45:35 Way to tell us the truth
Great video shove it to the credit card? companies
Hi! I can barely ... By: roxcyn. on 21 Apr 11, 02:05:20 Hi! I can barely hear you. I cannot see you, why would we want to intentionally default on debts that we owe? If we don't want debt then? we should use cash - check - debit card. There would be no need for credit card, then.
Watch a Pre-January ... By: jamestargetedindiv. on 04 Apr 11, 05:25:22 Watch a Pre-January 8th copy of Inception. Listen closely when the actors say imagine, reality, and safe, or point pistols. You'll? hear the words, Loughner, offin' her, part of the word Giffords, and much more. Some say they hear, do it.
selling stolen ... By: greatblackbazaar1. on 02 Apr 11, 16:08:10 selling stolen credit card numbers, no minimal order to check me. mainly usa cards. replacing dead cards. selling cvv? for using online and dumps for physical card copying
G09000000 @ Gmail . com
the voice of smart ... By: gasdorf. on 12 Jan 11, 06:26:15 the voice of smart man ...fuck these? bankers
Yes. They are Santa ... By: steveh777ify. on 08 Dec 10, 13:57:50 Yes. They are Santa-ists, not Satanists, but they are even worse. His Elves are hideous hobgoblins who mask their contorted features with silly hats with bells, and daft costumes but they are EVIL. They want to roll out the "Peace and Goodwill to All Men" thing ALL YEAR ROUND. Can? you imagine?
They also have a mandate to enter your house illegally ALL YEAR ROUND, not just on one night.
Bastards !
Yes, Great video. ... By: steveh777ify. on 08 Dec 10, 13:47:28 Yes, Great video. You should check out "Debtors Revolt" which highlights the abuses of Bank of America. The sooner we understand that we are, effectively, in a WAR with the Greed and Usury of the Big Banks, who are now entirely discredited, the better !
Good Advice too. I work as a Financial Adviser? (Honest!...) and have NO time for the crooks who charge 29% APR when here in the UK the base rate is 0.5%
If you are prepared to sacrifice your credit rating...
God bless. A? ... By: 777ManningFan777. on 02 Sep 10, 06:57:01 God bless. A? million blessings upon you. The voice of angels sometimes comes from strange places.
Keep up the good ... By: perdition79. on 18 Aug 10, 00:40:46 Keep up the good work. You're right-on? in your assessment of unsecured debt and the coming economic collapse. Credit scores are meaningless numbers, and it would benefit many to go cash-only. Knowledge is power.
A bit of unintentional comedy with your video is that the third listing under "suggestions" is a Suze Orman clip. As some people know, Orman is on the payroll of the Fair Isaac Corporation, and has been for quite some time.
Why was? the bank ... By: Kane6676. on 09 Aug 10, 14:35:22 Why was? the bank entitled to billions in tax dollars because they made toxic loans? Why is my company entitled to make more money off the work I do then I actually make? See entitlement works in all ways.
the secret in ... By: MarquisdeLafayett. on 01 Aug 10, 00:45:16 the secret in altering my voice was to watch the dark knight over and over and over again ... after that you can sound really scary at will ... ( but it's only scary if your wearing a ski mask , without? it i would just look crazy )
You are a great ... By: Kane6676. on 01 Aug 10, 00:33:30 You are a great American and you are doing us all a great service. Thank you for having the guts to speak the absolute truth. Im suscribing to you and hoping you post alot more vids.? What do you use to alter the voice? It sounds like the bad guy from the road warrior, I love it
i like? this guy in ... By: hotbiskits. on 29 Jul 10, 05:57:35 i like? this guy in black.
Why are you ... By: YoTengoCorazon. on 18 Jul 10, 04:14:24 Why are you entitled to use other people's money and not pay for it? That's the money of everybody who has invested in the bank. And, while credit card companies can't "take" your house, they can put a lien on it. In addition, if you follow this idiot's advice, adn go bankrupt, you can be required to accept a Chapter 13 BK instead of a Chapter 7, which means you're? put on a debt repayment schedule. If you don't want to agree to the terms of a credit card, don't accept it.
Yeah, follow this ... By: gregnick3377. on 22 Mar 10, 17:48:51 Yeah, follow this advice and get sued, then garnished, then if it's bad enough you get to declare bankruptcy. Genius. The best you can do is pay them off and never deal with the companies again. If you can't pay them off, because you're unemployed or under employed, that's one thing. Maxing them out and stiffing? the credit companies is ghetto mentality. If you're cool living like that, I would not want to know you.
EVERY ONE SHOULD ... By: basserjack. on 23 Feb 10, 00:16:50 EVERY ONE SHOULD CUT UP THEIR? CARDS AND SHOW THE BANKS THAT? THEY NEED US!!! DON'T KEEP PAYING THESE FEES PEOPLE. i CUT MINE UP!?? NOW GO TO YOUR WINDOWS AND OPEN THEM UP AND SHOUT I'M MAD?? AS HELL AND I'M? NOT? PAYING IT ANYMORE, DO IT NOW AND TEAR THOSE CARDS UP TODAY!!!!!!!!!!!!!
This guy is correct ... By: fike301. on 08 Feb 10, 18:38:12 This guy is correct....last? 10years never missed a payment on a single card or loan anyhwere.....however have had already this year had a few cards slash my credit lines and raise rates. ummmmm?
they can garnish ... By: nirvgardengod. on 26 Jan 10, 01:04:15 they can garnish wages? (like mine for example) and also go after bank accounts
NOPE ... also make ... By: MarquisdeLafayett. on 14 Dec 09, 22:35:55 NOPE ... also make sure to empahsise that your UNEMPLOYED .. do some crying on the phone and tell them that you barely have enough money to keep the heater on so that your new born son doesn't freez to death in the winter cold , either that or go all perv and ask the caller what their wearing right now ? " is it soft ? can you rub it with your fingers , what does it feel like , can you describe it for me " LOL they? won't call you back after that!
Im getting a few ... By: mblasko. on 14 Dec 09, 09:20:15 Im getting a few collection calls a day on three credit cards I owe on. I only owe about 2K per card, but now that Im unemployed? cant even make minimum payments. It's been at least 6 months since Ive made any payments. ..the funny thing is is that my total balnce due is comprised of at least 30 percent accumulated interest!!
Will a cc company take me to court for a 2K debt?
wow , five thousand ... By: MarquisdeLafayett. on 13 Nov 09, 23:53:55 wow , five thousand hits , i remember when i first made this video ( my very first one ) how excited i was when i got thirty then 70 and finally 100 ! and look at it now ... not bad for a? guy with no physical apperance or tits eh ? ; )
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Get cutting edge information at www.FutureMoneyTrend s.com The real economic news warren buffet http Mortgage defaults hit another record www.marketwatch.com Seasonal adjustment BS www.nypost.com housing finance.yahoo.com
Didn't Jefferson ... By: Silkfox. on 12 Nov 10, 02:06:08 Didn't Jefferson try to? stop a central bank and succeeded? :P making JFK second to try but he failed ^.^
Also the only ... By: AliiBaba101. on 13 May 10, 09:43:38 Also the only president that tried? to stop the Federal Reserve was JfK, let his death not be in a vain, but do you now why they do this because we let them
everyone? support ... By: MirageScience. on 06 May 10, 23:43:57 everyone? support this mans research and vote up, idk him but he has some nice info
america is gona ... By: 77sporty. on 11 Mar 10, 03:21:06 america is gona been gone right before your eyes. just sit there don't worry. wake up soon it will be to? late.
If this country ... By: imperio2012. on 22 Feb 10, 23:10:21 If this country countinues with war the dollar will collapse, how many soldiers has the army recruited ? every new soldier gets money, a couple of my family members are soldiers and they get good money in every paycheck plus the $15000-$2000.00 bonus for singing up, how much more of OUR money are they gonna use for this stupid war? plus all the ships? they have out there with 5000 soldiers that we need to support?
62% of all ... By: epiphany99. on 01 Jan 10, 00:11:48 62% of all statistics are made up on the? spot
bobstanis, You are ... By: dianacathlin. on 18 Dec 09, 22:31:24 bobstanis, You are delusional if you think Sarah really? has a shot at winning in 2012!
good shit.? By: pedroquintero. on 17 Nov 09, 22:22:39 good shit.?
I agree 100% ... By: XICANOXOC. on 24 Oct 09, 03:06:14 I agree 100% California? unemployment rate is at 12% compared to the rest of the nation.
I'm wondering if ... By: mdongmin20. on 10 Oct 09, 04:35:08 I'm wondering if you? could give us the source of your quotations and the actual article you quoted from too. Thanks.
END? THE FED!!!! By: mybug67. on 05 Oct 09, 23:52:01 END? THE FED!!!!
Absolutely....if ... By: MissNevada08. on 24 Sep 09, 06:15:41 Absolutely....if you haven't already, check out the? Hyper-Inflation Nation video...I wrote about it on the comment before on this page...
I respect your ... By: MissNevada08. on 24 Sep 09, 06:13:08 I respect your opinion...but printing more money to pay? our debt makes no sense at all...watch Hyper-Inflation Nation...its 3 parts and explains why borrowing more will probably spin us into a nasty depression. Scary shit.
America? has no ... By: dave777blaster. on 23 Sep 09, 02:53:31 America? has no money they use fed notes
the FED controls ... By: mytacostand. on 21 Sep 09, 21:26:31 the FED controls the money not the United States, so we do go into debt when we make more money? because we are borrowing it from a private organization. that's why we have seen a devaluation of the dollar since the FED was created.
The Federal Reserve ... By: Abnermoon. on 17 Sep 09, 06:44:19 The Federal Reserve is a tool of slavery! Wake the hell up. They print money out of thin air and charge us interest on it. Wake the hell up! How the hell can you owe interest on something that was completely fabricated in a printing mill? Return to the standard our nation was founded on, silver? and gold backed currency that can cannot be substantially manipulated or utterly rendered worthless. Andrew Jackson ran their asses off once, its time to do it again.
Don't blame the ... By: TangoCharlie3. on 15 Sep 09, 05:00:41 Don't blame the current state of the economic market on Bush, technically, it would? be Clinton when he made a program where ALL people got loans and banks couldn't turn people with bad credit away. Also, Germany was in the same economic boat as us and when Obama went to them and said, "You should do a bail out like we're doing," Germany refused and their market has ALREADY turned and started growing again. Ours is just now leveling off. Bush did nothing but spend money, not screw up the market
i wish someone ... By: tra12345iscool. on 13 Sep 09, 17:44:17 i wish someone would try Reagan's approach and buy the trillion dollar debt. he acutally borrowed money from china? to pay for the dollar
Well Said!
Bush ... By: RecceMan90. on 09 Sep 09, 12:26:45 Well Said!
Bush could have prevented the recession by cutting the Capitol Gains Tax or even suspending it for the remainder of his term! That alone would have spark enough investment to keep everything going! Instead we ended up with a doom and gloom Politics and the failed TARP 1 and which brought on? Tarp2 and probably coming this fall another one!
No one can ever do ... By: voiceofreasoning. on 06 Sep 09, 20:11:44 No one can ever do anything to change the economics condition of the US or the world, under this corrupt system that helps the Zionists to thrive. It is more or less a kind of gambling based on some imaginary future markets which depends on the day to day market.. Everyone is a lose at one point or? the other except the big sharks.
Ben? Berdebtkie is ... By: katsfanman. on 05 Sep 09, 16:27:39 Ben? Berdebtkie is a crook !!
Put currency/ ... By: davidpaul8. on 04 Sep 09, 13:15:53 Put currency/ thought into your spiritual bank
Money is an illusion. Love your neighbor and money is not needed.?
dp
Hey V,
Don't ... By: loveguitars. on 09 Feb 10, 17:33:21 Hey V,
Don't forget to get? into the Bear Funds when the DOW hits 10,250
The past does not ... By: BMWg84. on 09 Feb 10, 03:08:37 The past does not typically replicate itself? in the future
I am playing ... By: high5flyer. on 08 Feb 10, 20:34:09 I am playing musical chairs and got DRR in November. I don't see the USD being? destroyed when there could be like you said, "A Lehman Bros." moment in the Euro Zone. Things again will play out like 2008 where the market crashes and the dollar rallies. After this the Keynesian government officials will play the relfation game. Again we will see a large increase in the stock market. It then will be the US turn for and USD will go down at the same time stocks go down. Decoupling will happen.
Thank? you for your ... By: POSSUMTOHIDE. on 08 Feb 10, 02:17:14 Thank? you for your insight! God Bless!
The material that's ... By: Numonic7. on 07 Feb 10, 23:16:00 The material that's in Federal Reserve Notes and computers that are used for electronic derivatives/credit and debit transactions are also made from the earth. Gold doesn't come out of the earth in the form of 1 ounce coins, it took man? to form it that way, the same way Federal Reserve Notes are formed from materials from the earth(cotton and linen) and computers too. I just don't like the argument that gold & silver are made from the earth and Federal Reserve Notes/Dollars aren't, it's wrong
If u cant find a ... By: trboj. on 07 Feb 10, 19:06:32 If u cant find a job. Do what i did. Go by a gold pan. And go find free gold (money). Its everywhere. Ive? found? 3/4 oz in a week.
Spoke with an ... By: PontVedra. on 07 Feb 10, 18:27:51 Spoke with an employee just last wk and it appears the banks are calling in debts that are delinquent by garnishing bank accounts.Bottom line, the customer was delinquent on a couple loans;therefore the bank just simply helped themselves to their savings and checking to bring? those accounts current.Apparently, it's in the fine print ppl;the banks r scraping for every red cent and they r taking no prisioners-Lesson:close bank accounts anon! It's legal if you signed when opening that account!Uh oh
Ive been hearing ... By: CASTILLOM1. on 07 Feb 10, 02:57:05 Ive been hearing reports of a trading desk? on the floor of the NY Federal Reserve office. Combine this with High Frequency Trading Computers and all of a sudden the manipulation becomes clear.
Gold under $1100? ... By: singlespeak. on 06 Feb 10, 22:16:54 Gold under $1100? is a steal.
Why are you ... By: christo930. on 06 Feb 10, 22:04:44 Why are you against? UE? You say yourself there are no jobs out there, so do you want people to starve? How about we cut down the military, foreign aid, corn sub, ethanol sub and all the other nonsense programs first? I can't stand when people complain about the gov but then go straight to the most vulnerable people for where cuts should be instead of all the waste.
I think the next 1- ... By: christo930. on 06 Feb 10, 21:46:42 I think the next 1-4 months is going to be a downturn across? the whole market. When the market closes below 10k, I think the support is going to drop. I think we are going to see deflation over the next several months with with stocks and commodities going down, down, down.
Thank you for the ... By: jokertim777. on 06 Feb 10, 21:16:27 Thank you for the discussion, but I think you have said enough for me to realize that my time would be better spent talking? to someone else. Best of luck to you.
Here's a video ... By: nmreich. on 06 Feb 10, 20:07:04 Here's a video about the 40% SHORT position on? silver by JPM.
watch?v=1ZGuacM_4oQ
Here's another one where CFTC admits MASSIVE short positions on silver:
watch?v=OzphZY429G4
I realize that we ... By: nmreich. on 06 Feb 10, 20:05:15 I realize that we were talking about gold, but I just thought I'd talk for a minute about silver as well since they go together nicely.
Did you know that the primary factor in the downfall of Rome was a trade deficit which led eventually to HYPERINFLATION? That's right. The Romans devalued their currency by diluting the silver content so that they could make more coins and buy more goods. It worked for? a while, but then they had to keep on doing it. Eventually their coins couldn't buy stuff.
Daniel, you have ... By: 3dbeing. on 06 Feb 10, 20:04:13 Daniel, you have often spoke about? the Tea Party. Are you also a Sarah Palin fan as well?
jokertim,
Don't ... By: nmreich. on 06 Feb 10, 20:02:42 jokertim,
Don't forget the MONSTROUS short positions on COMEX silver by a couple of mega-banks? (JPM).
IThe silver price plummeted this week which provides an excellent opportunity for some of these banks to cover their shorts. In fact earlier this week we saw (it think it was) 25,000 short contracts liquidated. It puzzles me though why this happened the day or two before the price went down.
Gold:Silver ratio is at nearly 70, it should be 10-15, silver is vastly UNDERVALUED.
Gold created by GOD ... By: sdndeath. on 06 Feb 10, 19:45:20 Gold created by GOD? , Hold on I have to call Goldman Sach's they? do god's work you know :-)
@ nmreich,
Thank ... By: jokertim777. on 06 Feb 10, 19:28:22 @ nmreich,
Thank you for providing a basis for your thought that gold is under valued. However, I don't believe it is useful to use the Dow as an aggregate indicator of the price of real goods (partly because I agree we don't have a free market).
"The Golden Constant," by Roy W. Jastram is widely accepted as the definitive empirical study of gold's purchasing power (in real goods).
Is the Dow a good constant non-manipulated, not bubble prone yardstick by which to value gold? (or vice versa)?
People that are ... By: Avigadro. on 06 Feb 10, 19:25:59 People that are trying to maximize profits and time this by holding US dollars until the last second are playing with? fire.
You just know that there are going to be some bagholders when the dollar tanks.
Jokertim,
Research ... By: nmreich. on 06 Feb 10, 19:11:56 Jokertim,
Research the Dow:Gold ratio. This ratio always seeks equilibrium at 1:1. But because we do not have a free market, gold has been suppressed by a factor of 9.52.
Currently it takes 9.52 ounces of gold to buy the Dow.? A 1:1 ratio today would put gold at $9500/oz ... or the Dow at $1064.
I can tell you what ... By: jokertim777. on 06 Feb 10, 19:06:16 I can tell you what I've read from people who have studied gold and its purchasing power in history.
Does that make me "the authority," because I can read?
"The Golden Constant," by Roy W. Jastram is widely accepted as the finest empirical study of gold's purchasing power. Its available online for? free.
To be clear, I'm not saying that your theory of the world reserve currency and market manipulation cannot be valid (it might). I'm asking you to present some data to back up your assertion.
Yes, Americans ... By: powergirl901. on 06 Feb 10, 18:48:27 Yes, Americans throw them out and then two years later, puts them back? Don't people ever get? tired of this hamster race they're participating in?
Meanwhile the powers that be simply rip off
everybody around the world with no problems.
Yeah I noticed that ... By: jasonw1215. on 06 Feb 10, 18:24:27 Yeah I noticed that to and just didn't bother to fix it. My question? to you is this: What was the purchase power in comparable goods 100 years ago compared to today for Gold. You seem to be the authority so why don't you school me instead.
@jasonw1215,
I'm ... By: jokertim777. on 06 Feb 10, 18:21:59 @jasonw1215,
I'm confused. You said, "Here's my question for you then," and then never asked a question. You made the following statements:
1. 19th century 1 oz. gold had less value than same coin today. (I disagree)
2. You falsely assume constant production costs and prices of non-gold items. (I have not made those assumptions).
You also failed to provide any examples that would? lend credibility to your theory that the purchasing power of gold will skyrocket.
Please try again.
There can be? only ... By: rqbuchanan. on 23 May 10, 15:18:35 There can be? only one perfect jackass.
The Spaz Scouts Of? ... By: Orion079. on 23 May 10, 05:50:07 The Spaz Scouts Of? America.
The few, the proud, the retarded.
The date on this show is May 4, 2000. So it's been almost 10 years to the day since this first aired. Many have tried but no one has matched Spaz's stupidity since.
Orion, thank you so ... By: rqbuchanan. on 19 May 10, 01:00:17 Orion, thank you so much for posting this; I haven't heard it in over a? decade.
Id would have ... By: Demendred1605. on 17 May 10, 17:50:08 Id would have gladly gave him a? grand to tongue clean a fat homeless mans ass
Video duration: 1278 seconds
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Visit Godlife.com or http formore like this and to download message outline for 5/15/2011. "Dealing with Debt" by Dr. Scott Koenigsaecker. Has closed captions and can be viewed in other languages by pointing at [cc]. New messages every week - please feel free to subscribe
35.80 an once? now ... By: Barbralady86. on 21 Jun 11, 03:56:38 35.80 an once? now ....3-21-11...silver eagle is $45
this must be old. ... By: lanesteele240. on 02 Mar 11, 04:55:28 this must be old. silver? is 34 an oz now. 3-1-11
Yeah the host guy's ... By: hughtub. on 05 Apr 10, 03:56:11 Yeah the host guy's voice was goofy as hell, he seemed way too naive to be a host of a radio show, particularly how he didn't do any research and just hoarded all the dimes he could find before being told it was only? pre-65 dimes that had silver.
I went to two banks ... By: elpilotoazul. on 01 Jan 10, 10:56:54 I went to two banks. The first one? charged a $25 handling fee. Forget that. The second one ordered me a box and charged face value, no fee. Bingo! I ordered a box. I have seen comments from others that tried this. One guy got only one 40% half from TWO boxes. 2000 coins, one hit. Another got three 40% halves from one box. My record? I got 24 40% halves and 4 90% halves from one box. Results sure do vary.
so it doesn't? cost ... By: bc5620. on 11 Dec 09, 05:00:54 so it doesn't? cost anything to order from the bank at all?
For many times are? ... By: BrittPhillips. on 05 Dec 09, 03:25:20 For many times are? tough right now. If you need to make some cash now here's how you can do it every time
GuaranteedWayToMakeMoney [dot] com
residentzombie - ... By: 72542. on 26 Oct 09, 02:50:52 residentzombie - pre 1965 dimes, quarters, halves, and dollars are all 90% silver. Halves minted 1965 - 1970 are silver clad and contain 40% silver. Nothing that was intended for general circulation, besides the halves, has been made with any silver content? since 1964. No dollars intended for general circulation, since 1935, have been made with any silver content.
absolutely right ... By: womtullymun. on 21 Oct 09, 00:18:57 absolutely right but? it's better for the individual to have some bargining power when the dollar fails. it is a short term solution but better than nothing. end the fed and bring the goldman sachs, jp morgan, bank of america, paulsen, geigner, etc scum before a human rights hearing and sentenced for human rights abuses.
yeah, me too. i ... By: womtullymun. on 21 Oct 09, 00:10:09 yeah, me too. i went to four banks asking for half dollars or silver dollars. three of them were the bank i bank with and the? other said that you need to be a customer to get some. finally got maybe $12 worh and none of them were pre '65. it's a good idea since it really IS free silver but very tedious and time consuming for little return. i ended up buying physical silver from a dealer for about $1.25 over spot. a good deal considering how silver is appreciating
Order a box of ... By: tesskansas. on 15 Oct 09, 21:53:21 Order a box of half dollars from the head bank teller. The wait is usually about 10 days or less depending on the bank. Cost is $500? a box. Sort through the rolls yourself. You might get lucky.
Hmmm... point taken ... By: DesireG. on 15 Oct 09, 19:31:00 Hmmm... point taken. Yet I think? that's where we are headed anyway on either side of the coin. :( It may be already to that point. But Auditing the Feds I think is the best way to jump start some kinda change. The question being what the "CHANGE" will be.
Forget shutting ... By: WesSeid. on 15 Oct 09, 18:53:37 Forget shutting down The Federal Reserve. I'll take? the baby steps of merely auditing The Federal Reserve. ...and then if that audit leads to the people finally getting upset enough to shut it down, well, there we are then.
One fear is shutting down The Fed will just be replaced with a more-global same thing.
great points! heard ... By: Arginine88. on 13 Oct 09, 22:14:33 great points! heard the interview on UrbanSurvivalist earlier. Worth sending to friends, it is hard to refute anything you? say hear... you can only add to all the fundamentals with silver. Do not forget how much Jesus life was worth? I am not trying to get a cheap shot against Christians because I am one too.
Half Dollars are 40 ... By: residentzombie. on 13 Oct 09, 13:37:53 Half Dollars are 40% silver and pre-1965 dimes and quarters are 70% silver.? Morgan silver dollars are the highest silver content but I forget the exact percentage.
lol,? good one dude ... By: JRCrowley. on 12 Oct 09, 23:50:09 lol,? good one dude :)
I asked my bank ... By: bongojim420. on 12 Oct 09, 21:15:17 I asked my bank today for silver 1/2 dollar or $1 coins,they said they had neither...only? when customers bring them in and then they are gone quick I was told..They had Sacajawea?
gold type color coins for $1 that's it....
I will keep trying..maybe not as easy as it sounds..
Wouldn't the most ... By: DesireG. on 12 Oct 09, 14:27:50 Wouldn't the most viable solution to saving our nation from utter financial ruin simply be to shut down the Federal Reserve? Buying gold & silver as individuals is fine & dandy but it doesn't change the fact that our money system failed because it is a DEBT based economy. Practically a counterfeit producing economy.? So buying gold & silver is only a short term solution for a handful of people. Without ending the Feds we are still going to have the same problem with inflation & illegal taxation.
Hey Daniel,
Thanks ... By: julianchosun. on 12 Oct 09, 11:49:17 Hey Daniel,
Thanks for all your work and guidance and the sharing of your wisdom for the sake of the people who will likely be suffering.
I'm not from the US, but fear for my friends there and from there.
These days, I'm wondering how far? spread the fallout is likely to be from whatever happens soon.
I'm in S.Korea and due to the bad exchange rate with the currency of home I have a bit saved up here. Are ALL fiat currencies are at risk of hugely accelerated inflation or deflation? Advice?
I didn't? know Ned ... By: fishingfordollars. on 12 Oct 09, 08:38:47 I didn't? know Ned Flanders had his own talk show.
parsnips
The ... By: chena3. on 12 Oct 09, 07:02:14 parsnips
The Financial Accounting Standards Board postponed a measure, opposed by Citigroup Inc. and the securities industry, forcing banks to bring off-balance-sheet assets such as mortgages and credit-card receivables back onto their books.
FASB, the Norwalk, Connecticut-based panel that sets U.S. accounting standards, voted 5-0 today to delay the rule change until fiscal? years starting after Nov. 15, 2009. The board needs to give financial institutions more time to prepare for the switch,
Thanks for the tip ... By: bongojim420. on 12 Oct 09, 05:05:09 Thanks for the tip!? another great vid.
and yes jeffery youtube censors comments at there discretion apparently..Charlie Sheens video to president obama is heavily censored,the comments,view #,amount of times you can vote,having to type a code at the bottom to be able to post sometimes and other funky monkey stuff,people are catching on...
Right now I am not ... By: ScottcNehrer. on 12 Oct 09, 04:27:00 Right now I am not looking to cash in on my pennies. I am saving as many as I can. I look through my change, and every now and then I'll ask for rolls of pennies at a 7-11 or grocery store. Its a long term investment nothing I would cash in on in the short term. Also all nickels except for the silver wartime nickels have almost as much metalic value as face value. now when inflation really kicks in, you will see gains. go to the bank buy some nickels thats the? easiest ans safest investment ever.
Not? this time. By: jefferyconnors. on 12 Oct 09, 01:54:26 Not? this time.
This is a test . A ... By: jefferyconnors. on 12 Oct 09, 01:53:07 This is a test . A test to see if youtube is censoring my? comments.
LOL, well I might ... By: scutter4christ. on 12 Oct 09, 00:28:48 LOL, well I might beg to differ with you daniel on copper not being a precious metal.
I used to work for a housing non-profit? and we built homes in low income neighborhoods. On almost every home built, during construction, we had to deal with someone coming in and stealing all of the copper.
So it's precious to someone out there! :o)
Video duration: 429 seconds
Global video hits: 5597
In this election season, some of our leaders are making us feel guilty about the national debt. Would paying it off be a good idea? The answer might surprise you.
well, it is a ... By: jeffbi88888888. on 02 Jul 11, 04:36:41 well, it is a interesting illustration. However, I do feel it is equally important to teach our kids the principle of integrity, honesty, dont borrow what you can not return, do return what you borrowed..... I can not imagine any adult will tell their kids to borrow his/her classmates or friends and encourge more borrowing..... I guess this mentality got us into trouble in the? first place.
A nice simplistic ... By: Iaganatzi. on 27 Oct 10, 22:10:44 A nice simplistic idea, but far from relating? to the real world, and lacking several critical figures and facts. Good effort.
I was going to ... By: reniam. on 04 Aug 10, 01:00:48 I was going to comment on how silly this video is but, looks like? plenty of people got here well before me.
If you buy ... By: Nintendomanwill. on 11 Mar 10, 05:02:55 If you buy government bonds you will receive low returns due to the low interest rates employed to expand credit and raise demand, in the government's destructive attempts to counter the business cycle by making yet more booms.
And those returns which you gain in US $ will become progressively more worthless due to credit expansion
The national debt is a money pit which is going to have to? be paid off either through inflation or through high taxes. You're fucked, as are we all thanks to govt
no mention of ... By: vyus9. on 21 Jan 10, 14:43:47 no mention of rising debt service costs, the rate of return on debt or the money we borrow. just a simple-minded explanation that assumes debt can be maintained forever. it can't. we pay? it off every 1 to 30 years.
try paying off your credit card balance with another credit card, see how far you go. the only difference between you and the govt is the govt can print/borrow its own money. Check out US inflation sicne 1930 if you want an example of that.
hey mistermoneyman ... By: coasteys. on 21 Dec 09, 05:06:13 hey mistermoneyman make a comment because obviously your idea? and video is wrong
Interesting. Except ... By: tjbrooks. on 28 Oct 09, 13:03:06 Interesting. Except remember that the bonds are both a financial asset to the holder, and a liability to the tax payer. So only counting it as an asset is a mistake. Our? Net position is the one to look at, though there are distributional consequences.
The point he make on the social security trust fund is a good one, but mysteriously he then confuses the issue when he talks about 9 trillion in assets. Remember those same children inherit the tax liability.
This guy is smoking ... By: MOPEDBRAD. on 03 Sep 09, 05:31:05 This guy is smoking crack.
He bases his ideas about paying off the debt on the ill-conceived notion that treasuries gaining value through accruing interest is a good thing.
The fact is simply that the more money there is, the less it's worth. This is the basic concept of supply & demand. In a system where more dollars compete for the same amount of goods, the goods cost? more dollars.
I wouldn't take any financial advice from this guy, as he is obviously living on another planet.
If you owe someone ... By: strolchi10. on 19 May 09, 16:44:37 If you owe someone (ore believe you do) this person has Power offer you! Our whole economy is built on this money out of dept system it is not fair if one thinks the simply using the power to create money out of nothing there is no real good behind it so the get the real good you get paper!? You have to work for it youre work is real Good ore they take youre house if you cant pay anymore so they always win and they can call in at any time of there choice! Its a fraudulent system!
One solution would ... By: strolchi10. on 19 May 09, 16:35:29 One solution would be to go back to a constitutional system let congress have the issuing Power back and not the international Banksters! End The Fed Reserve system!! When he said the govt owes it to the govt he mistakes they owe it to the private Banksters of the Fed! The fed is not part of the Govt as he might assume its a private owned banking cartel witch make endless profit on the simple power to create money out? of thin air lending to us wit interest attached to it! They owen us!
He misses a lot of ... By: strolchi10. on 19 May 09, 16:28:01 He misses a lot of points in his view! First there is not enough money in the system to pay of the dept the interest is? not created with the money! All money in existence is dept someone has to owe so if we paid back all the dept private and govt there would be no dollar ore penny left in the system and we would still owe the interest as it was not created in the process of giving credit! No way all dept could be paid back if the govt dont owe some privates must ore there be no money!
Mr. Money Man.
You ... By: ahausheer. on 28 Dec 08, 17:16:03 Mr. Money Man.
You have some problems with you logic. I assume you are suggesting we should never pay off our debt? If so then our currency would loose most of its value rather quickly. Not paying off your debt is called defaulting. Like what happened with Russia. According to your logic? we can all just charge everything to our credit cards and never pay them off???
The government does ... By: chasna2. on 25 Nov 08, 07:23:38 The government does not? own the bonds held in the trust funds. Those bonds are a liability of the Treasury and an asset of the trust fund and can be redeemed for taxpayer funds when needed. Mister Money Man needs to do some reading of the literature put out by the Trustees of the Social Security Trust Fund.
HUH? What's that ... By: filoviriae. on 28 Oct 08, 17:11:50 HUH? What's that you say? We can't just print more and give them out? Okay... Why don't we increase the yield? for a 30 year treasury bond, let's say from 4% to 67%? Then the 3 trillion dollars worth of bonds held by Americans (mentioned in the video) will become 5 trillion dollars when our kids cash them out! That's still pretty good!!!!! Everyone call Congress!
Wow... according to ... By: filoviriae. on 28 Oct 08, 17:11:20 Wow... according to this logic, why don't we just PRINT more treasury bonds and give them out to everyone, especially the poor in America?? If we print enough (let's say 21 trillion $ worth of bonds) and distribute all of them to U.S. citizens, then our kids and grandkids will inherit the 9 trillion mentioned in the video plus the new 21 trillion I just proposed, totalling to 30 trillion dollars!!!! That's 30 trillion dollars we just gave our kids! WOW!!!!
i tell you this no ... By: humanity6fl9. on 11 Oct 08, 06:03:56 i tell you this no eternal reward will forgive us now? for wasting the dawn-j.d.m
If you pay down the ... By: Darone1966. on 06 Oct 08, 17:34:08 If you pay down the debt, the vast majority of it we owe to ourselves anyway, then all you have done is to increase the amount of dollars in circulation.
Yes, some of those? dollars are held in foreign hands, but they cannot be of any real value to them unless they be brought back home and exchanged for value.
So, what you end up doing is causing more dollars to be available for circulation, making them inherently less valuable for trade (ie: inflationary).
Good job!
Keep the debt!!!!
What a bloody ... By: johnsenkenn. on 03 Oct 08, 15:33:05 What a bloody intellectual rubbish.?
We need to pay it ... By: KHallesy. on 01 Oct 08, 07:38:53 We need to pay it off. I have been saying for 10 years that the only way we can do it is to add $1.00 to every gallon of gas and put 100% towards the national debt. No money can be used for anything else period!!! This would pay the national debt and would allow us to give our children a country free of debt. It would cause us to drive? less and make us work harder on fuel efficiency and buy smaller cars. Also if people were not able to afford the gas we could give them free bus coupons, etc
debtor nation? ... By: humanity6fl9. on 25 Sep 08, 08:42:48 debtor nation? logic. thats why we're in the trouble we are in right now! who has ever heard of such a thing. your in better fiscal standing by not paying off a debt. we've just walked through the looking glass.absolute lunacy. the debtor is servant to the lender.when pray tell will this yoke of interest be lifted off our necks.could you please supply us with a cutout version of that aha i get it now your an agent of the federal reserve. say when was the last general accounting of your offices.
Great video.? By: madcatzy. on 23 Sep 08, 20:58:32 Great video.?
![Why It\](http://i.ytimg.com/vi/v7GeVXT6H54/2.jpg "Why It\")
![Help for those in debt [cc]](http://i.ytimg.com/vi/eNG2I-IMveg/2.jpg "Help for those in debt [cc]")
Latest comments made on this video:
By: mermaid1212. on 25 Mar 12, 09:26:16
cool!?
By: ericrichard7. on 15 Dec 11, 00:18:53
I know how to get out if that ridiculous interest rates and compound interest. Its call fuck the credit card company and u start off? fresh by filing bankruptcy.
By: DebtCreditRepayment. on 07 Oct 11, 06:31:03
I like the thought of Einstein. Compound interest is the most powerful force in the? universe. Amazing video.
By: mlmr11. on 21 Jul 11, 14:20:50
It is inescapable. Every item on the market today has artificially inflated value because most people buy on time and interest. A TV set that should cost $100 based on the average mans salary and ability to pay costs $500 dollars because he's buying it based on a monthly payment. But it doesn't stop at $500 dollars because they interest he's going? to pay on the television might cost him $100 + ...total cost of TV that should cost $100 = $600 + ??? Human stupidity is enslaving us
By: xTheDeathSaintx. on 30 Jun 11, 00:10:30
well if you want free freedom theres more than a couple forest out there for u to live in?
By: specialks1953. on 22 Apr 11, 23:16:49
- Thank God I learned to read when I was in school so I can read the terms of credit card companies. NAIVE people should not enter into contracts. NAIVE people know they are Naive yet they still don't protect themselves. Sounds like Naive people should consider getting some help before they do anything that may get them into a situation that don't understand. Those mean old credit card companies? should give people a test before they lend to them. If Naive, they should get credit.
By: charmaliqueNYC. on 22 Apr 11, 22:57:45
You said that no one forces people to do stupid things? Hello, it's called misleading advertising, and these loan companies and credit card companies use every trick and tactic, using celebrities, real costumers or actors who they pay to say these companies's scripts on tv to lure new? and naive customers into their web of false promises and deception, and it works. They're nothing but common loan sharks. I'm just saying. At least, the Debt Professor is telling the truth.
By: charmaliqueNYC. on 22 Apr 11, 22:53:28
So you see, it's not the customer's on how they use credit cards or bank? loans. It's the school's and parent's responsibility to teach children right about money, because teens do spend money, but don't pay bills.
By: charmaliqueNYC. on 22 Apr 11, 22:47:46
As far as the plasma TV and other expenses are concern, that's just big spenders who doesn't know anything about managing money. It's been like that since they're kids because they were taught by the schools or their parents on how to earn money and how to manage it when they got it.?
By: charmaliqueNYC. on 22 Apr 11, 22:44:45
Look, it's not the customer's fault to use credit cards. We are not paid enough from emplyers to get what we want. ? Everything is going up now. The rent, the mortgage, the groceries, the medical bills, the heat and electric, the water, the taxes. And we need those things to survive.
By: specialks1953. on 22 Apr 11, 22:08:51
- No one forces people to do stupid things. If you use credit you should know the lender will make as much money as possible. If? a borrower is stupid enough to borrow from a lender it's the borrower that's stupid not the lender that is bad. Don't buy shit you can not afford no matter how poor you are. My work takes me into poor peoples homes & most of them have a big screen TV & a bunch of other stupid purchases they probably bought on credit. Not the credit card company's fault
By: charmaliqueNYC. on 22 Apr 11, 21:10:32
You keep going on and on, defending credit card industries, most of them who are scamming poor working class customers out of their hard earned money. Excuse me, there are millions of people in America who are NOT RICH!! They got other bills to pay like rent, electricity, water, etc. And that's on a monthly basis. Most retailers don't accept? cash anymore. How can they pay the total balance with high rates they can't afford when they only earn an average of $15000 after taxes?
By: StSimonMartyr. on 09 Apr 11, 17:53:13
If sued, Elect Arbitration- JAMS and AAA. It allows a Debtor to go on Offense, and charge creditor with $ Violations on FDCPA- FCRA, they break the law Every time they collect? a debt. Debtor Boards advocates this, if U dont know your rights, you have none. Get your case Out of Kangaroo Courts, elect Arbitration, it costs Creditors $3000-10000 to pursue it, most wont. NAF- declared a Fraud and moratorium, Arb is now working! Creditors have No note, Affadavit is bogus & $ Securitized
By: altonjjones. on 02 Mar 11, 05:28:51
I scored Equifax 824,? Experian 783 & TransUnion 973. Visit my channel to see how I did it.
By: matikaj. on 12 Feb 11, 17:32:36
My new blog:? outofdebtstrategy.blogspot.com
By: specialks1953. on 06 Feb 11, 06:32:29
- Credit is not fake nor is it designed to enslave a borrower. - It is provided as a tool, so the lender makes a profit & the borrower is able to balance funds flow. - It is the individual borrower's choice to use credit irresponsibly or? responsibly. - Many lenders rely on the borrower's stupidity to increase above reasonable profits. - ULTIMATELY, IT IS THE INDIVIDUAL'S LIFE CHOICE ! ! ! - Don't blame others for STUPIDITY ! ! ! - No company can remove a borrower's IRRESPONSIBILITY !
By: specialks1953. on 06 Feb 11, 06:07:19
- THE ONLY THING YOU NEED TO DO IS PAY OFF YOUR BILLS & QUIT BUYING CRAP YOU DON'T NEED. THERE IS NO SHORTCUT. Stupid people do stupid things. Stupid people that do not learn continue to do stupid things. Stupid people? buy more than they can afford so they use credit to do it. Be stupid & use credit to buy stupid stuff or GET SMART & learn to live on less than your income. (It took me years but I did not cheat anyone out of what I committed to pay them.) Don't blame others for STUPID!
By: specialks1953. on 06 Feb 11, 05:57:05
-? lol
By: specialks1953. on 06 Feb 11, 05:54:48
Credit & Credit cards are not evil. People spending more than they make, is the problem. If I sell you some rope, then you use it to hang yourself, I'm not the bad guy, you? used the rope wrong. - Either use the rope correct or deal with your own problem. - STOP buying the STUFF you WANT ! ! ! - Buy the Stuff you Really NEED. - Pay your bills off & don't use credit wrong. - Search "DAVE RAMSEY", you won't like what he says any more than what I have said here but IF you learn, YOU will be better !
By: ostapo111. on 24 Jan 11, 03:38:13
Credit is a fake concept created by the bankers to enslave us and keep us in perpetual prison, but credit is still needed to function. I was a victim of overbloated credit myself, and struggled for months trying to get my credit score to respectability. Worst time spent EVER. I was struggling with this, but my friend recommended a company that? did all the leg work for him, and all they charged me was $40/year. Give them a call if you got credit problems, They are AWESOME: 888-338-3875
By: VinDcator. on 13 Jan 11, 13:45:40
Don't pay! But don't put up with collection calls, either! My method stops all? calls for good! I was a CA manager for years and know the REAL way to STOP ALL CALLS.
By: mermaid1212. on 25 Mar 12, 09:26:16
cool!?
By: ericrichard7. on 15 Dec 11, 00:18:53
I know how to get out if that ridiculous interest rates and compound interest. Its call fuck the credit card company and u start off fresh by filing bankruptcy.?