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Is The Federal Reserve Insane? Or Desperate?

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Discussion of article in The Wall Street Journal April 9 Page A3

Channel: News & Politics
Uploaded: April 10, 2008 at 1:03 am
Author: kdenninger

Length: 09:06
Rating: 4.88
Views: 2555


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Video Comments

nanerbeet (April 20, 2008 at 2:44 am)
Good video but I just wanted everyone to know they are already slaves thanks to the income tax. Much of the income tax is used to pay the interest on the debt that the US government borrowed from the Fed. Those bonds are backed up by the tax payers willingness to repay the loan (income tax).With the coming crash of the financial system, will there be enough income tax to make these payments? Think about it; all thos business and individuals losing money will not be paying taxes this year.
traderzee (April 18, 2008 at 7:00 am)
BERNANKECHRIST and PAULSONZEBUB are engaged in criminal money laundering. They need to be prosecuted under the RICO Statute.
U2ForNow (April 18, 2008 at 6:42 am)
Helicopter "Ben" cash drops are going to destroy this country. He is trying to stop the great 2008 depression.
badonkadonk34 (April 15, 2008 at 2:05 am)
Excellent Video. Very articulate and accurate. Good job.
silverrain12345 (April 12, 2008 at 8:52 pm)
america is nothing but a colony of powerful bankers, mostly european.look at the share holders of the federal reserveif you doubt this.no protect to congress will ever matter, thetime for the great "mass redistribution of wealth" is now here
justintnyc (April 11, 2008 at 2:21 am)
Thanks for this video. I want to learn as much as I can about the state of our financial system in the hopes that I can personally do something about it - if only to protect myself.
4x4jeepjeep (April 10, 2008 at 7:02 am)
sorry, meant J6P. and did you see where Paul Volker is calling for a global currency? Gives me chills.
ilovetosingoldsongs (April 10, 2008 at 4:12 am)
excellent video. keep them coming.
4x4jeepjeep (April 10, 2008 at 3:28 am)
I'm just a JSP most of the time, but from what I gather befor the FED was created there were small banks failing now and then. The FED came into being to back stop them, so now instead of a few banks falling(that should fall) with the FED the WHOLE SYSTEM CAN FAIL AT ONCE! and now the FED may be broke soon and need to barrow money! Just f-ing great! It's over, 230 years was a good run. Damn! I've got kids to:(

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