25 Responses to “Dollar Collapse and Banking Bailout”

1. 

   hindkererd April 2nd, 2009 at 5:27 am

   I really liked your video and your channel. If you need any help getting this video or channel exposed I use a site called tubeviews.(net) It has really helped like 20 of my main videos get to the top in position. Its nice.

   thanks for sharing good stuff man

2. 

   DJBucs2005 April 2nd, 2009 at 5:27 am

   How did that work out? That’s what I thought.

3. 

   brightlightbabe April 2nd, 2009 at 5:27 am

   350 Billion financial bailouts and Trillions more to come holy cripes!!

4. 

   longbeachboy57 April 2nd, 2009 at 5:27 am

   Sound money means that if somebody wants to build a house, he may be told “No sir, there is not enough gold”

5. 

   garydonpowell April 2nd, 2009 at 5:27 am

   We need to go back to Bartering and ridng horses!

6. 

   garydonpowell April 2nd, 2009 at 5:27 am

   He who controls the money, controls the country!

7. 

   gn0m1k April 2nd, 2009 at 5:27 am

   The taxpayers wouldn’t have to pay the debt sustained by the government if they just abolished it the moment the government raises taxes, now would they?

   That’s not to say that the money borrowed hasn’t helped to maintain our present lifestyle collectively, but the question still remains.

8. 

   fj6474 April 2nd, 2009 at 5:27 am

   You appear to really know what you are talking about. You want to learn some real truth, look into “Treasury Deposite Account” and your “Strawman” Ever wonder why you full name in in caps on your SS card, credit cards, ect? We need to talk. I need to get a network of more people like you.

9. 

   ZeketheSwede April 2nd, 2009 at 5:27 am

   The Swedish economy is far more sound than the US economy. Despite of this, the dollar has got substantially stronger (about 35 %) against our currency in just the last two months, in the middle of a severe crisis with roots in America! This is because the dollar is still the premium currency in the world, everybody wants it, which makes a collapse unlikely.

10. 

    lorax2013 April 2nd, 2009 at 5:27 am

    I agree and used to be frustrated by the same thing. You may be interested to check out my video “how i found freedom” and then read that book.

11. 

    BatmanForever9 April 2nd, 2009 at 5:27 am

    Why will almost no one in the media explain this to people? It is so crazy. Both parties are together on this stupidity. I’m convinced that most of thhe people in congress don’t understand anything about economics or business and are just going along with what the ‘experts’ (people with connections to the banking industry) are telling them. Good point on the owning real things. I’m telling this to everyone I know but no one will listen to me. REO Houses are cheaper than ever. Banks want out.

12. 

    SpectralEnforcer April 2nd, 2009 at 5:27 am

    Actually, it isn’t the Government that prints the paper money. It’s the Federal Reserve. Which is, in reality, not part of the Government. The problem with printing more money is that, as more paper money is dumped into the economy the value of that money begins to drop off real fast, until finally it is worth nothing and you cannot get enough to pay for anything.

    It just amounts to “supply and demand”. The more of something there is, the less it will be worth since it is so common.

13. 

    grazzhood April 2nd, 2009 at 5:27 am

    poreousbutterfly
    They(USA govt) print money out of nothing.. now their creditors started asking what is the value of this paper you gave us. Well b4 1971 you promised us gold, then you promised us America sound economy, now the creditors start to realize, hey you have nothing to backed up your paper with. get the picture??? The sad thing is usa GOVT BORROWED THIS MONEY FROM THE fEDERAL RESERVE WHICH IS OWNED BY INDIVIDUALS NOT AMERICAN GOVT

14. 

    gorgeousbutterfly April 2nd, 2009 at 5:27 am

    but what i don’t get is that the govt makes money. how can they be bankrupt why can’t they make more money why make us pay for their mistakes?

15. 

    magnifysumthn April 2nd, 2009 at 5:27 am

    what you should do is learn the real estate business … find the understanding of buying homes at wholesale prices for cash.

16. 

    Joyriser April 2nd, 2009 at 5:27 am

    And while we are on the subject This “bail out” wont work and interest rates will have no effect! Its a token gesture and this bad debt is only going to get worse! its suddenly going to become good debt in this economy is it? They are really SCARED because the truth that it has all been a facade is finally out!That is the real reason for the panic as they have to admit that the rich have been doing really well but everyone else is struggling to make ends meet!!!

17. 

    Joyriser April 2nd, 2009 at 5:27 am

    You are absolutely right and if you or I walked out of the door to protest I think we would be stood alone getting strange looks!Its absolutely pathetic the way some people dont question anything and stand at these election rallies like its a day out a disneyland!!!

18. 

    ExplicitContent81 April 2nd, 2009 at 5:27 am

    yeah but you can’t buy a decent home in San Diego for anything near that price. Shes thought about moving but she has a great job now and loves San Diego

19. 

    rseveran April 2nd, 2009 at 5:27 am

    I agree with icannotthinkofone. Loren himself bought a house with cash. No debt to the banks.

20. 

    icannotthinkofone April 2nd, 2009 at 5:27 am

    what i would do in her situation, is buy a house that costs 100,000 or less. therefore, if she loses her job, youll still have a house.

21. 

    dlars3 April 2nd, 2009 at 5:27 am

    In terms of a % of the size of the industries…I’d bet the bailouts are very similar in size

22. 

    qkholster April 2nd, 2009 at 5:27 am

    He said of such a magnitude. Pay attention next time.

23. 

    dlars3 April 2nd, 2009 at 5:27 am

    Other than that…Good video!

24. 

    dlars3 April 2nd, 2009 at 5:27 am

    “Only the banking industry gets bailouts”….I’m pretty sure the automobile industry has gotten a few bailouts, including one just a little while ago.

25. 

    ExplicitContent81 April 2nd, 2009 at 5:27 am

    Hey Lorax2013,
    I’m a huge fan and appreciate the videos. I was wondering if you could give me some advice? My mom lives in San Diego and wants to buy a home. She has 100,000 to put down on a 500,000 home with a 750 fico score and she can afford the payments with her current job. My question is with the economy going the way it is and all should she buy a home right now?

    Thanks for any advice you may give, she has no idea what to do or who to even ask.