Yup, he made no sense and was a complete hysterical mess.
This video failed in the first sentence when the narrator said that the, " Paulson-Bernanke plan to bailout Wallstreet by giving the [US] Treasury 700 billion dollars and cart blanche to do whatever they want with it." The fact is that the treasury will only have 250 billion in ‘cart blanche’ spending. 100 billion will be discretionary be the president and the other 350 billion dollars will have to be approved by congress. No one likes this bill, but without it more financial institutions will collapse and people will start making runs on banks. 700 billion dollars and the inflation it will cause is nothing compared to what will happen if congress does nothing and lets the entire US financial system collapse. Not to mention the fact that European banking institutions are beginning to fail now as a result of Wallstreet. Seriously, I don’t like this bill any more than any of you, but that doesn’t mean its not a necessary evil.
Umm.. this is a joke, right? music coupon codes
Dr. Doom as Shiff is known has been crying wolf for 20+ years... Maybe he will be finally right but if you bet on him in the past then most times then not you went counter to the trend. He has caught some previous down markets but he is known as a perpetual bear. Markets tend to go up 35% of the time. Down 15% and sideways the remaining 50% of the time. Trying to catch the narrow slice of 15% down action is going to be painful like catching the proverbial falling knife.
Sorry for going offtopic, but is there a logical reason people get dug down just because they say they like this film? Just wondering...
Do you really need to ask?
I use it all the time its amazing. Super easy to use and so helpful! I'm glad someone else knows about it, it seems like no one does.
I assumed that this author was not referring to specific individuals, but the power structure of society itself. By no means do i understand what Japan is like today, but Western society itself has become 'rigid', in that the rich will stay rich, and generally do the same thing. What defined the 20th century, and even the 19th, was that this 'contiuum' of wealth was not static. ( I truly imagine were part of a boring era of history now )
Wow. This was amazing. He's so INTENSE! If Obama loses this man is going to fall over, foaming at the mouth, fists clenched against his chest.