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$700 Billion Bailout LAW - YOU WERE ROBB...

Are we headed for an economic depression? Probably. Here are the FACTS on the market`s reaction to the bill`s progress; the mainstream media is (again) lying to you. Facts, figures and charts galore.
Oh, and what you must do next.
This video needs to be seen by everyone in America. Yes, I know, its 10 minutes. But its 10 minutes that anyone with a 401k, Pension or IRA should be willing to spend.
Send it around, then keep checking at http://fedupusa.org and http://supportedthebailout.org for updates.

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15 Comments

Current View: 15 / Show all Comments

daver18qc : LVL 38: VP 4.6: said:

daver18qc

35 votes NegativePositive

335 days 13 hours ago...

i`m not even a US citizen and i find this video very disturbing!

problem is, nearly every "sheeple" on the planet prefer to watch america`s got talent than ask themselves what they should do about the current situation...

Agent009 : LVL 33: VP 4.2: said:

Agent009

18 votes NegativePositive

335 days 13 hours ago...

Very good video. The market hasn`t even gotten any better since then either. Oil is down under $40 a barrel and although this is certainly helping those who have to buy gas, it`s actually making the oil companies even more money.

In July it was almost $150 per barrel and we were paying here in canada almost $1.50 per litre. Now, it`s $40 a barrel but we are paying $0.75 per litre. In other words the % decline in the per barrel cost is more than the decline of the cost at the pump which in turn creates a ton more profit for the oil companies.

What`s worse than that is the fact that the government will be asking for even more money.

http://money.cnn.com/2008/11/26/news/economy/where_bailout_stands
/index.htm

This is as of November 28th. I guess $700B wasn`t enough of a robbery so now they will try for more.

If this is done, I have to imagine it will cause another great depression.

KCTron : LVL 37: VP 4.5: said:

KCTron

7 votes NegativePositive

335 days 12 hours ago...

Ohhh that so blows... But I`d say Ha Ha... but it`s probably gonna hurt Canada a lot as well.. damn yanks.

Needless_Kane : LVL 33: VP 4.2: said:

Needless_Kane

20 votes NegativePositive

335 days 8 hours ago...

GET RID OF THE FEDERAL RESERVE! AMERO Currency is coming to replace Canadian, Mexican and US currency. Buy Gold NOW! New World Order has begun.

Rekon : LVL 25: VP 3.4: said:

Rekon

-5 votes NegativePositive

334 days 22 hours ago...

but WHY would they steal it and `give it to the chinese`? Its doesnt make sense.

assmaster : LVL 44: VP 5: said:

assmaster

11 votes NegativePositive

334 days 19 hours ago...

Because the Federal Reserve has overall devalued the dollar by half or so in recent years, making the reserves China has worth-"less". So they helped double the Chinese reserves.

tokentiki : LVL 47: VP 5: said:

tokentiki

5 votes NegativePositive

334 days 16 hours ago...

Noone gives a shit really anymore b/c the power has shifted to far and a lot of those people that are fucking us over have spent their whole miserable lives preparing themselves to manipulate the law the best they can. I`d listen to kane as well, there is a reason buisiness like cash 4 gold are popping up.

Jojo817 : LVL 11: VP 2: said:

Jojo817

12 votes NegativePositive

334 days 15 hours ago...

ron paul 2012!!!

inner : LVL 25: VP 3.4: said:

inner

1 votes NegativePositive

334 days 13 hours ago...

www.infowars.com

delt_osvp : LVL 46: VP 5: said:

delt_osvp

2 votes NegativePositive

334 days 13 hours ago...

y are these assholes still in office.

sato : LVL 25: VP 3.4: said:

sato

7 votes NegativePositive

334 days 11 hours ago...

^^ because a lot of morons voted for them. there are many intelligent people in america sure, but clearly not a majority.

Gimli000 : LVL 33: VP 4.2: said:

Gimli000

9 votes NegativePositive

334 days 9 hours ago...

What pisses me off the most is that,even though Australia has very well regulated markets (no subprime exposure), a very strong housing market and very good wages growth, our economy is tanking because of YOUR fuck ups. Yes YOU AMERICA!

There are less than 10 AAA rated banks in the world and four of them are Australian but where do you think they get their money from? The US and it`s dodgy shark market.

jaredko : LVL 36: VP 4.4: said:

jaredko

3 votes NegativePositive

334 days 8 hours ago...

Thanks for posting this! I`m a big fan of Karl`s. If you liked this, I recommend his other writings which can be found at http://market-ticker.denninger.net

Lance989 : LVL 32: VP 4.1: said:

Lance989

0 votes NegativePositive

334 days 3 hours ago...

...

flip550 : LVL 6: VP 1.5: said:

flip550

4 votes NegativePositive

334 days 3 hours ago...

maybe usa, after uv burnt the federal reserve to the ground u can start using bottle caps as currency.. but your government would still find a way to corrupt it.

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