The video store

Gerald Celente - Fox Business. 28.10.10

Keiser Report №90: Markets! Finance! Scandal!

This time, Max Keiser and co-host, Stacy Herbert, look at how Britain is avoiding confrontation with suicide bankers who took down the financial system "for kicks". Max also talks to Reggie Middleton of BoomBustBlog.com about JP Morgan starving on zero interest rate policy and about just how many oligarchs the US can support.

Don't know what an Aussie knows about it but this guy thinks the Ero is headed down(no offence to Aussies btw).

http://www.in.com/videos/watchvideo-...o-8119096.html

Globalisation was prophesized in the Bible.

This is a bit heavy I'm afraid. The world will be run by UN and it's leader the anti-christ!!!!

Not sure I belive in this stuff, especially the religious connotations, but it's mildly interesting.

Can't find part 2 btw.

Food stamps - biggest bang for the buck

Do you get the feeling that the world is falling apart.

This is a re-hash of a lot of vids you probly already seen but it pulls it all together.

Jobless rate to go above 10% - raise interest rates and let the housing maket collapse. Inflation is on the way.

Looks like the banksters have a lot to answer for and are the source of US/world problems.

This Wizard of Oz allegory is fascinating.

It's a must view IMO - If you do nothing else this week-end watch this - it blows the lid off the bankster fraudsters.

No banks are too big to fail.

Did you realise that each individual American paid more taxes than Citi/GE BoA combined.

This is probly old news - but does anyone know what happened to the 1099 amendment to the healthcare bill.

This all sounds very suspiicious to me and could explain how the Fed are going to suppress the gold price.

Inserted Video

Ok I'm depressed - Can anyone find some good news to cheer us all up.

Now theres a challenge - lol.

Some good news - It's weekend!
But analysts say it might be rather short-term and the next week might begin soon.

So let's enjoy the weekend !

I like to come here to Jay's video store, take a look and even post videos sometimes. I really think people can learn things from these videos, but other times I think the reality is a little distorted and I would like to point something that I see very often and that it is not actually or factually correct.

For example on the video above, the guy is using the same jargon that Peter Schiff, Ron Paul and other use about the dollar loosing its value.

If you go to the internet and do some research about prices and wages during the last century you will see that it does not matter if the dollar lost most of his nominal value since 1900 or so.

Why it does not matter?

Because our life stile and purchase power got better and better over the years.

In the 1900s you would have to work 10 hours per day 6 days per week ( thats 60 hour week labor) probably in the farm, coal mine or in rail roads in the hot or in the cold, no insurance, no vacation, no security on the job, no minimal wage law....and the list goes on.

At the end of your week you will bring 8 or 9 bucks home ( if you could afford to live somewhere ) and most of this money will be spent in food or some basic stuff like soap or a pair of jeans.

Life back than was pretty close to slavery. We have a lot of problems today and we always will have to deal with problems but life now is a paradise compared to what it was in other stages of our history.

Off course you will find some periods where your purchasing power was a little better then it is right now but even then the difference is minimal and it has nothing to do with the consistently devaluation of the currency.

If Peter Schiff could go back to 1900 with the dollar amount he has today he would buy the world, but if his wealth was scaled down to the parameters of the beginning of the century he will may ending with less money and complaining about the deluation since the 1800s

Ok fellas. I will gladly participate in a debate on whether or not it's good that the dollar lost most of it's value...in a separate thread.

Anyway what we think is immaterial. Fact is that the dollar is being devalued by the Fed, I don't care if that's good or bad bcos, based on that information, I can make money selling the dollar.

The vids on this thread just reflect whats out there and will in some cases affect the movement of currencies(which is the only thing I'm interested in, thats why I watch this stuff). It's also closer to the truth than some of the BS we get fed by the mainstream media IMHO.

Fed is buying treasuries bcos they r worried no-one else will

Stock worth watching - Kinross gold corp

Fed want you to spend your money so that inflation takes off.

QE2 could be 500bln to 2 trillion. Already priced in.

http://abcnews.go.com/Business/video...34&tab=9482931