What is Digg?280 Comments
- emazur, on 10/04/2008, -8/+181"Congressman, I couldn't agree with you more that inflation is a tax" -Bernanke's response to Ron Paul.
And damn, I never heard about that 2.3 trillion $ pentagon snafu. Quite interesting how their accounting office was destroyed on Sep 11
Also, dugg for Ducktails - bradysbeau, on 10/04/2008, -3/+91There is no accountability and that is the worst thing about it. The Fox is minding the Henhouse.
- hudey123, on 10/05/2008, -0/+87I'm investing in WOW gold... it will be worth more than the dollar in about three years.
- chrisaug18, on 10/05/2008, -7/+85There was nothing conspiracy about it.
FACT: 2.3 Trillion dollars could not be tracked by the government.
FACT: Sept 10 was when this was announced.
FACT: The budget analysis office was destroyed on Sept 11.
They quickly dropped the subject after stating these facts and left you to draw your own conclusion. - Berkana, on 10/05/2008, -0/+73“Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist.”
—Kenneth Boulding
The entire financial derivatives market is based on the idea of inflationary money, and un-earned wealth generated by self-compounding interest, which leads to exponential growth. - leelandpalmer, on 10/04/2008, -2/+72Come on everybody, let's inflate our currency into oblivion!! YAY!!!
- Sean23, on 10/05/2008, -1/+63Isn't this taxation without representation?
- Matricul8tr, on 10/04/2008, -5/+57The traitors who killed America.
- normlsparky, on 10/05/2008, -3/+49quite interesting, and quite convenient. i heard something about building 7 holding records for the enron scandal as it was home to the Security and Exchange Commission Late 2001 was the time of the height of the investigation into Enron, so the majority of Enron’s SEC filings were likely destroyed when World Trade Center 7 came down.
- yelnatz, on 10/05/2008, -7/+45Zeitgeist: Addendum
http://video.google.com/videoplay?docid=7065205277 ... - DestroyFascism, on 10/05/2008, -5/+43Welcome to the Pyramid Ponzi scheme..
Have you had enough yet? - jaymzdean, on 10/05/2008, -0/+35When you see gold go up in price, you're actually seeing the dollar fall in value.
Gold holds a relatively constant value.
And yes, those holding paper instead of the metal are in for a rude awakening. - quesi, on 10/04/2008, -1/+31and the folks who are in the gold bubble, without physically holding the metal, wait until you find out.
- inactive, on 10/04/2008, -6/+35But remember, Wall Street didn't lead you to a ruinous war in Iraq. This is the sequel that we are all paying for.
Who lead the USA to war? Why still pay? - hugolp, on 10/05/2008, -0/+27Yes.
Are you suggesting that you are surpised because the US constitution is not being followed? it has not been for almost 100 years. - mdonato, on 10/05/2008, -2/+29Who killed the Constitution? We did by our apathy. No more apathy and no more free passes. As Willie Nelson says, "Throw the bastards out!!!!"
http://www.voterbomb.com/2008 - skinnyskittles, on 10/05/2008, -2/+29It's written by Keynesians. You know, the economists that wouldn't have jobs if the government didn't intervene.
- inactive, on 10/05/2008, -3/+29Wow, Democracy Now endorsing Ron Paul.............in a round about manner. Seems these folks only get it when they are worried about their own pocketbook. We have been in the crapper since 1913. And it won't get any better till we get rid of the 16th and 17th amendments and the Federal Reserve Act.
- twistaspliff, on 10/05/2008, -7/+33Most people don't even know about WTC7 - now THAT is interesting. A 37 story tall building can vanish in 6.8 seconds, without being hit by a plane, and most people don't even know about it. Even stranger is the fact that the BBC was on air about 20 minutes before it collapsed, saying that it had already collapsed, and you could still see the building over the reporter's left shoulder. Oops!
http://video.google.ca/videoplay?docid=56618084048 ... - muckemuck, on 10/05/2008, -5/+30yes.. and is it a conspiracy that whoops, the people and records that might have shed some light into where the "lost" Trillions went ... were in the exact spot in the pentagon that was hit by a plane? Or is that a fact?
- Nboy514, on 10/05/2008, -2/+21This needs to be seen
- copypastry, on 10/05/2008, -1/+20Wow i guess if an authority says something, i should believe it straight away!
RIP critical thinking - RePTaR, on 10/05/2008, -1/+18FACT: Lou Dobbs had Rumsfeld June 28, 2001 episode of Money Line discussing the problem. Even earlier it was discussed in an Associated Press article on 03/03/00. http://hv.greenspun.com/bboard/q-and-a-fetch-msg.t ...
- leelandpalmer, on 10/05/2008, -3/+20The 'Truther' conspiracy is quite ridiculous. HOWEVER, it seems plausible some pentagon deuche bags could've just taken advantage of the situation to shred a mountain of compromising documents and then just make up stuff like "oooooowww... the plane hit RIIIIGHT where all those docs where stored...... whaaaaaaaaaat a pity."
- fancypantscz, on 10/05/2008, -1/+18The only possible good that could come from our current meltdown is a mass awakening of the American people to how our money system actually works. Under the current fractional reserve/fiat money system, we need to comprehend our 'money as debt': http://video.google.com/videoplay?docid=-905047436 ...
The boom and bust cycle is not an natural consequence of capitalism and we should no longer stand for it. These bubbles are the result of a destructive aberration built into our current money system. A gold standard is one way to avoid creating money as debt and there are other alternatives as well. But we must educate ourselves and demand a sound money system from our representatives.
If we fail to make fundamental changes in our monetary system I fear any wealth we create in the future will simply be taken to service the massive debt we must necessarily create to 'solve' the crisis this time around. - pfhayter, on 10/05/2008, -3/+18I'm not about to put on a tin foil hat but anyone that doesn't find that coincidence a little fishy really isn't thinking it through.
- inactive, on 10/05/2008, -6/+20I'm all against the bailout and all of what the FEDS have done but this is quite misleading. Injecting liquidity does not always mean inflation as long that the new amount added (inflationary) is equal to the amount defaulted (deflationary), which is especially true in our age of electronic currency. Even if the banks were to receive 100 trillion dollars in loans, the economy will head into a deflationary spiral if the banks do not lend it out. However, if the bailout works as intended, which most likely wont and just make the situation worse, and the credit opens up we will see massive inflation hitting the country before the mother of all credit fueled bubble bursts.
Hooray the feds! - theright, on 10/05/2008, -1/+15@chrisaug18
1. Misleading. $2.3 trillion in spending could not be tracked by the government with a reasonable amount of time and effort due to numerous varied and archaic accounting systems incapable of communicating with each other. As of February 2002, that figure dropped to $700bn as these systems were consolidated, and continued to drop
2. False. It was a defense audit in 1999 that raised the $2.3 trillion figure. It was included in a report released in February 2000, in an Associated Press news article in March 2000, in numerous media outlets in January 2001, on PBS in February 2001, on DefenseLink in June 2001, and even by Rumsfeld himself on Lou Dobbs Moneyline in June 2001
3. Misleading. An army budget office, staffed primarily by civilian accountants, was destroyed in the attacks. There is no evidence whatsoever to suggest that documents or personnel involved into the investigation regarding the "missing" funds were lost in the attacks. The fact that the investigation continued and details of around two thirds of the funds were recovered within five months suggests the impact on the investigation of the attacks, if any, was minimal - fancypantscz, on 10/05/2008, -0/+13military industrial complex
+
worst congress ever
+
voters busy watching tv
=
massive corruption and missing trillions
not so hard to comprehend - hugolp, on 10/05/2008, -0/+12No, the docs where there before. Thats a fact.
If the explosion happen exactly there randomly or on porpouse is your decision, but the documents where there before 9/11. - TrevorBelmont, on 10/05/2008, -3/+14I thought people were smarter than to discount something outright because they've heard the word "conspiracy" associated with it.
- utexas112, on 10/05/2008, -1/+11I think you mean "content."
- odigity, on 10/05/2008, -1/+11Because when ever "credible" institution in America is in collusion to screw the American people and lie to them about it, the only source of truth we have left is each other. Or have you not figured out yet the real value of the internet?
So you believe CNN when they lie to you because they have good production value, and disregard the contents of this video because it's on youtube? The entire country has been suffering from an acute case of Fallacy of Appeal to Authority for nigh on a century now.
Here's a radical idea: Don't take any information at face value, regardless of the source. Do your own research and draw your own conclusions. The purpose of this video is not to deliver truth to you with no effort, but to tip you off that there might be important truth out there that you need to go determine for yourself. It raised the alarm. It is now incumbent on you to investigate. - lazerus9, on 10/05/2008, -0/+10Here is your answer.
http://www.youtube.com/watch?v=xU4GdHLUHwU - muckemuck, on 10/05/2008, -0/+9here's an unedited CBS report on it.. http://www.youtube.com/watch?v=oj1rT4bszWg
and there's this.. http://www.youtube.com/watch?v=_rRqeJcuK-A&feature ...
It was in the mainstream media for a while so there are some articles on it out there.. it's not a hidden fact or conspiracy or anything. It happened and people didn't get too upset about it probably because what was happening at the time (9/11 kind of got the attention then). - spepin, on 10/05/2008, -6/+15Wow, for a society who are so cautious with money and how we spend it, that's a lot of 0's that seem to go missing.
Also, wtf @ that conspiracy about 9/10/01 - pigfister, on 10/05/2008, -2/+11who exactly is being bailed out?
http://uk.youtube.com/watch?v=ONUSxiGN4m4 - lendrick, on 10/05/2008, -0/+9Let's say that, hypothetically, all the gold they're selling certificates for actually exists. If there's a massive panic and money crashes, the people who are in control of the physical gold may decide they don't want to give it up, because they'll end up sitting on a worthless stack of paper that says "I.O.U. 1 oz gold". Of course, we all know that bankers are completely honest and none of this gold would ever go missing.
Of course, that's the favorable scenario. Most likely, at least some people have already been sold certificates for gold that doesn't actually exist at all, in which case you might as well have just paid for a stack of paper. - seldon452, on 10/05/2008, -2/+11I am not trying to be a jerk but this video does not cite any sources. And if it does I must of missed them can someone provide them?
I'm not saying what this video says isn't true, I just don't see anything to support what it says. - muckemuck, on 10/05/2008, -0/+8A year ago lots of people in high places (Barney Frank, Ben Bernanke, etc) told us Fannie and Freddie were perfectly fine while other people (Peter Schiff, Ron Paul, heck even McCain and Obama) told us we were in for a *****. Who was right?
Do your own research.. try to find if he's lying about the missing 2.3 Trillion. Find out if the derivatives bubble is really a quadrillion, or is it closer to 500 Trillion... try to find out why we had to pass this bailout when the Fed can (and does) loan BIG money to the banks at will on a daily basis. - lazydrumhead, on 10/05/2008, -13/+21I hate videos when people's voices are like this.
- angryfirelord, on 10/05/2008, -3/+11Oh, I don't know, maybe he's been right about 100% of the time. (can't say that for any other politician) Of course, if you don't believe me, go do some research on him and others like Ludwig von Mises. Here, I'll even help you get started:
http://mises.org/
http://www.lewrockwell.com/paul/paul370.html - twistaspliff, on 10/05/2008, -1/+9The Americans were even arrogant enough to draw the pyramid on the back of their dollar bill.
- rezilient, on 10/05/2008, -2/+10Great video, not many people know about the derivative market being the bigger issue here.
- TrevorBelmont, on 10/05/2008, -3/+11Offer a counterpoint.
- rodgerdodger5, on 10/05/2008, -0/+7Yeah, it's not like they hold the American People in contempt or anything. Here ya go. Listen to the laughter. Have a look where this was recorded.
http://www.youtube.com/watch?v=hmwQTAA8H7Y - gab00n, on 10/05/2008, -2/+9Some of you people amaze me.
9/11:
Muslims with box cutters - ***** responsible.
CIA, DoD with trillions to spend and all the technology you can wish for - no ***** way could they have done it. - brad3378, on 10/05/2008, -0/+7If you're talking about the Democracy Now watermark on the lower left side, take note that it is not used throughout the video. This particular video was not created by Democracy Now although some of the clips were apparently borrowed from there.
- megaton, on 10/05/2008, -8/+15...the net result was that they were IMPLYING "conspiracy." You don't have to quack like a duck to look like a duck.
FACT: Bailout bill is voted down Sept 29th, 2008
FACT: OJ Simpson is found guilty Oct 3rd, 2008
FACT: Bailout bill is approved Oct 3rd, 2008
Draw your own conclusion. - Hiltonizer, on 10/05/2008, -1/+8they're doing the same thing.
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