I read that article. DHS cut her off after that interview when they found out. The nerve of some people. I swear. She should have been at DHS the next day, or at least on the phone with them, to tell them to cut her benefits.

Especially if they are made like a 3 year old was writing the script. A printed essay can be a rant, but is is seldom, most videos are just rambling rants to fill time and the message gets lost.

“Especially if they are made like a 3 year old was writing the script”?
Was that necessary, John?
Do you think it elevates your stature to personally attack people?

Dave, you need to learn to differentiate between an attack and an observation… I am sorry, For someone like me who has to look every day at videos people make and is fully aware of the capabilities of even the cheapest one of today’s computers and free video editing software that is available on the net, I am appalled that something like this is even shown. A 5 year old in mommas basement can do better …. and has done so. I do understand that he is your idol and is your hero in your utopian world of 100% free markets… but you need to step back and see reality. You people wonder why nobody take you serious… videos like this are one of the reasons.

The first ever recorded real democracy in history …the city state of Athens… failed because of greed and corruption. Any political system will fail in the end because of greed which causes corruption. Greed is a human trait, its in our genes, its a mechanism of survival and unless a political or economical system is carefully controlling greed, it is destined to fail.

Eugene and John: Just to be clear, our country is not a democracy. We are a representative republic. You are absolutely correct that democracies all fail. But it’s not because of greed. Democracies fail because democracy is a mob-rules system of society. Every moron is given a say in how things are run.

At present, our country is headed in that direction. Via the misconception that we are a democracy, everyone insists on having their say. The result is that gun rights are being violated, retired men are being imprisoned for selling orchids, guitar manufacturers are being invaded by SWAT teams over the wood they are using, good, hard-working people are being forced to fund abortions, birth control, and sloth, justice has become a system of revenge, plundering the successful is lawful and right while defending your wealth from the greedy and envious is a crime, etc. The list goes on and on.

Greed, on the other hand, was taken into consideration in the creation of our Constitution. If you read the Federalist Papers, you’ll find that they believed that the instinctively corrupt nature of man is what reduces a government to despotism. To counteract that, our Constitution was designed to play on that inherent human trait by pitting three separate branches against each other. With each looking out for its own self interest, the conflict would keep the others in check. The Representatives watch out for the people. The Senators watch out for the state. The president watches out for the Congress and the country. The Supreme Court watches out for the law. And the people with their guns watch out for the tyranny of government.

That’s how our system is supposed to work. Congress oversteps itself, the Supreme Court slaps them down with the law. The Senate tries to pass a bill, the House can slap it down in the people’s interest. Congress passes a bill, the Senate can slap it down. If both pass a bill, the President can veto it. It’s an intricate system of checks and balances, and they are all built around greed and self interest.

The problem we have at present is that certain aspects of the Constitution are being violated without being contested or objected to. And if the Constitution itself is not upheld or defended, the whole system falls apart. It’s like playing Monopoly with house rules. If you play the game according to the actual rules, it’s only about an hour-long game. When you play with house rules, you might be playing until the sun comes up. Our governmental system is failing because they are bending the rules. Eventually, just as with Monopoly, the standard rules will be thrown out the window completely as they make up their own rules as they go along.

Alex, It’s not checks and balance. It’s total gridlock caused by obstructionists representing only a small portion of the population.

Alex, that was econ 101. Spend 5 yrs looking for a loophole we’ll give you a master’s. If you claim to find it we’ll give you a government job.

Economics is not political drivel. Economics and politics may work together hand in hand, since governments are initially designed to protect the freedom and well being of a nation. However, economics has nothing to do with politics. Real economics is constantly at odds with what the government is doing. Real economics would disagree with almost everything the government legislates.

Your comment is not a well informed one. Please research the topic before steering people down an incorrect path of presumptuous knowledge.

Mark,
You certainly don’t offer science to us. Rather you offer conjecture. And we should listen to you? I think not.
The reality is that there are those who study Economics in an unbiased factual way, and those who study Economics in a biased way and whose guidance is primarily oriented to support Big Government and it’s attendant Crony Capitalists.
The Austrian Economists offer the former.
If you’d get off your Liberal high horse and do some serious reading, you could learn that.
Here’s a Free Book that can set you on your way:
http://mises.org/rothbard/agd.pdf
I know Mark won’t read it, but other people who have truly open minds (unlike Liberals who only profess to have open minds) will read it.

The question to ask yourselves as readers is ‘Why is Mark so insistent on trashing Economics?’. Is he afraid you’ll learn something and become less ignorant than he? Does he or his benefit from Big Government, and therefore he doesn’t want you to become knowledgeable and upset his/their apple cart?
How could the study of any field of knowledge make you any worse off than knowing nothing at all about that discipline?
I think his enthusiastic defense of FDR says it all. He can whine all he wants about Economics not being Science, but he can’t deny that FDR kept us in 10 years of Depression, and he can’t deny that FDR got us involved in a World War that pitted us against former allies (Japan) and ended with a large group of victim countries being freed from one totalitarian dictator just to be handed over to another totalitarian dictator.
Read this to know the truth about Pearl Harbor:
http://mises.org/books/pearl_harbor_greaves.pdf

And this:
http://mises.org/books/whileyouslept.pdf

It’s funny that the same guy who decries Economics as not being Science would make this inane statement — “The only “proof” there is of the success or failure of his policies is what the people living at the time thought”.
I can see him arguing in a murder trial — ‘But your honor, he couldn’t be a murderer because he has numerous friends’.

Here is another book by John T. Flynn on FDR:
http://library.mises.org/books/John%20T%20Flynn/The%20Roosevelt%20Myth.pdf

Alex and Dave I have researched the topic. Its you who don’t have any clue. Just because some third rate mathematicians like to call themselves scientists does not make it so. Have YOU ever actually took the time to think about all the holes that exist in what social scientists do to understand why it is a pretend science.

Do you think the entire relm of human interactions can be modeled by a few simple linear equations? That is what these guys base their worthless opinions on. What about all the variables their models leave out. What about their ability to measure what they are using as inputs. What about all the simplifications? What about the various causal relationships? What about all the conjecture built into their models? It is no wonder these guys never make any useful predictions. They live is a world of vastly simplified models subject to the political pressure to conform to established beliefs so that their papers will be published and their grants accepted.

A real mathematician once said that economics is something that can only answers questions at such a simple and basic level that it is worthless for all practical use.

If economics was the science you people pretend it to be, we wouldn’t be in the mess we are now. As for Dave with his nonsense about the Austrians, one of their big criticisms of modern economics is their faith in these models. So even the Austrains know economics is more philosophy than science.

If it isn’t a science it shouldn’t be used for making public policiy because then it is just more political barking designed to favor one group at the expense of everybody else.

Dave offers this nonsense:

You certainly don’t offer science to us. Rather you offer conjecture. And we should listen to you? I think not.

Dave I don’t have to offer science. I just show that economics does not fit the definition of one. It is up to economists to prove that what they practice is a science. They cannot. They never make accurate useful predictions above that of large generalities like “the housing market will crash due to the easy financing”. Everybody with a brain could see this comming not just the Austrians. Did mainstream economists see it? Some did but most were too stupid like when they missed the dot com bubble and called it the “new paradigm”. They were too busy working on their useless models which showed them that everything was all right, in fact as the prices went higher, there was less risk in lending to unqualified people since the foreclosures were now profitable – until they weren’t. This is the kind of nonsense built into these models – narrow minded tunnel vision thinking that passes for brilliance in the profession.

Why don’t real scientists like physicists and chemists have such a lousy record? Maybe its because they practice a real science.

For 30 years we have followed bad public policy all based on the stupid pronouncements of economists. Our manufacturing base is gone and we are stuck in a recession we can’t get out of. I’d say that is all the proof anybody needs of the worthlessness of economics and economists.

Economics good. Economists useless

It doesn’t matter whether it’s art or science. Quality depends on the practitioner.

Truth be told, Clarissa, I don’t see it as the rich getting richer while the poor get poorer. I see it as the bold succeeding while the irresponsible pay the price for their complacency. Not one house would have been foreclosed on except that the owners defaulted on their loans. The banks didn’t put people out of work. They just lent them the money to own a home. No bank forced anyone to invest anything. People invested in hopes of making gains, but lost because they invested in something without knowing or understanding what it was they were investing in, or the associated risks.

It’s easy to point the finger. In this class warfare struggle some of our politicians are trying to push us into, everyone wants someone to blame.

But when the housing bubble was at its peak, I remember refinancing my home. The appraiser had come out and valued my home at a considerably higher amount than it should have been. Then the lender talked with me on the phone and told me that I could borrow up to 75% of the equity in my home. However, since I have some common sense and knew that I could only afford a certain amount worth of a monthly mortgage, I told him no thanks, and I borrowed only the amount that I needed. I made sure my payment was low enough to be managed on a Burger King salary if unexpectedly drastic circumstances put me out of a good job and forced me to take whatever I could get.

Two years later, when that nice low fixed rate was about to expire and become a variable rate, I made some calls and prepared to refinance again before I got surprised with a 13% interest rate out of nowhere.

People across the nation did precisely what the lender would have had me do. They borrowed more than they could afford, and they did nothing to avoid the catastrophe of a variable rate. Before they knew it, their mortgage was as much as their income. Then the layoffs began, and the mess just got worse. But not because they were out of a job. It was because their mortgage was too high. Instead of making sure their mortgage could be handled in a pinch through low income employment, they looked only at the moment, and not for one second at the future. And that’s what a mortgage is. It’s not today. It’s thirty years. If you don’t have the foresight to think about your plan for the next thirty years, then you don’t have what it takes to take on the responsibility of a thirty-year mortgage.

But long story short, while the banks most certainly have some part in what happened, the people themselves need to take some responsibility. For every home that was foreclosed on, there’s a mortgage contract out there with the buyer’s signature. Blaming the banks without blaming the defaulters is like blaming a teenage girl for getting pregnant without acknowledging that a boy got her that way.

Great analogy Alex, but you have to keep track of which players did what. That teenage girl was pregnant because she got screwed by someone who got her drunk. Only now does she know the price of a free dinner.

Alex you are100% correct. All people would have had to have done was think first instead of letting the greed for Bigger house, or getting refinanced for more than they could pay for because of the adjustable rate mortgages – and their own want for the excess money at refinancing for far more than necessary – I’m not the brightest light in the crowd but common sense makes so much more sense than the highest IQ more often than not.
Problem is people no longer want to accept any personal responsibility – whether it be painting their nails in a closed plane or crying foul because they signed on for a huge mortgage without a thought as to how THEY were going to pay for it.
Sure there are those who lost their jobs, but there are also those who lost their jobs that didn’t think first before signing on the line at the bank. Thinking seems to be in short supply these days.

Think about this:

A conatagion that is transferred/spread by handle of cash MONEY

People will scream for a better way…then you have the cashless society, you will be chipped and pay homage and whorship the beast.

Dont be surprised when it happens.

Laus Deo
Semper Fi

You are so right wake up amerikans!

FF, that would be to cumbersome, it is easier to use a medium that EVERYONE uses such as plastic.. watch “plastic planet” the movie, yes it is activist propaganda, but,…but…. take it a step farther and ask yourself this…. what better way to implement population control…..

I have no problem cashing checks.

Karolyn,

Americans don’t want to do that… I think you are right, but who cares… the rulers don’t… they will do what they wish… as they are doing now… even though it is against the will of the American people.

Its over for now with Julia Devil as some people call her, winning 70 to 30. Rudd out. The reality is both are bad news for our country’s economic survival and we hoping our voters will wake at the next elections. They mean well but just cant see what they doing is destroying our prosperity by introducing a Carbon Tax on all carbon dioxide produced by industry. This tax alone will destroy manufacturing jobs in Australia and push them to our cheaper competitors in Asia. It is sheer madness. Its a desease spreading through Australian socialists and Greens [red greens] who seem to hold minority power voted in by silly idealists…some rather wealthy at that. ..READ THIS BELOW:

R minority power voted in by silly idealists…some rather wealthy at that. ..READ THIS BELOW:
Should be compulsory reading for our incompetent politicians
China today ………..Some hard facts on China
China has 19% of the world’s population, but consumes 53% of the world’s cement
48% of the world’s iron ore
47% of the world’s coal
…. and the majority of just about every other major commodity.
In 2010, China produced 11 times more steel than the United States .
New World Record: China made and sold 18 million vehicles in 2010.
There are more pigs in China than in the next 43 pork producing nations combined.
China currently has the world’s fastest train and the world’s largest high-speed rail network.
China is currently the number one producer in the world of wind and solar power. But don’t use it themselves. While they manufacture 80% of the world’s solar panels,
They install less than 5% and, build a new coal fired power station every week. In 1 year they turn on more new coal powered electricity than Australia ‘s total output.
China currently controls more than 90% of the total global supply of rare earth elements.
In the past 15 years, China has moved from 14th place to 2nd place in the world in published scientific research articles.
China now possesses the fastest supercomputer on the entire globe.
At the end of March 2011, China accumulated US$3.04 trillion in foreign currency reserves – the largest stockpile on the entire globe.
Chinese consume 50,000 cigarettes every second …
They are already the largest carbon dioxide emitter and their output will rise 70% by 2020
So we’re saving the planet are we LITTLE vegemites????
YOU BLOODY IDIOTS; YOU HAVE GOT TO BE KIDDING, YOU ARE WASTING YOUR TIME AND OURS, IT WILL NOT MAKE ONE IOTA OF DIFFERENCE WHAT WE DO IN AUSTRALIA OR ANYWHERE ELSE FOR THAT MATTER ALL YOU ARE DOING IS INCREASING OUR COST OF LIVING AND MAKING OUR MANUFACTURERS UNCOMPETITIVE IN THE WORLD MARKET, WITH YOUR IDIOTIC CARBON TAX, WHEN COUNTRIES LIKE CHINA ARE GROWING AND CONSUMING AT THESE EXTRAORDINARY RATES! WAKE UP!!!!!

Ted__ I bought pocket Constitutions for family and friends and gave them as stocking stuffers this past Christmas__

Not too many folks think anymore Ted, they wait for someone to tell them what to do and what to think. I blame the school system for that and people generally getting caught up in their own lives, so much so, they forgot our duties as Americans, myself included.

Schools today teach you what to think, not critical thinking, they push down those that question history and we need to question it more than ever now, because of serious revision and omission.

I didn’t wake up until I really knew something was wrong here in America, so about three years ago I began to study American history as a hobby and I logged on here at Personal Liberty about that time too, best two things I’ve ever embarked on, I’ve take it and ran.
.
I was/am saddened and p*ssed at the same time, when I began to understand what we’ve let happen here__

I don’t remember who said it but “Freedom is much easier to defend than to regain when once lost”_-I pray we’re not too late to change it back, divine intervention me thinks.

Angel,
They were teaching us False History even when we were kids. It’s something that public schools do — by design. Leaders want citizens who believe that Government is here to help (naturally). Read this short treatment of the knowledge about Government education that some great thinkers possessed 300 years ago:
http://mises.org/journals/jls/7_1/7_1_3.pdf

DaveH, Thanks for the Link_ I’ll check it out.

So, should the GOP nominee win, then the voting machines are not rigged, but if Obama wins they are? People are such sore losers.

Both major parties are fighting hard to preserve their Power. That’s why the establishment in both parties are fighting so hard to marginalize Ron Paul.
With Ron Paul, the Establishment Politicians and their Crony Capitalists will have to prosper the old fashioned way — by pleasing the consumers in Free Markets. Oh, the Horrors!

If you read this FREE book (provided courtesy of the great folks at Mises), you will learn a lot about what’s really going on behind the scenes in Big Government:
http://library.mises.org/books/Murray%20N%20Rothbard/History%20of%20Money%20and%20Banking%20in%20the%20United%20States%20The%20Colonial%20Era%20to%20World%20War%20II.pdf

They also have an ebook version available for those with e-readers which can read epub files.

GOVERNMENT CREATES RECESSIONS, NOTHING MORE.

NO.

Source?

Yes, Louis, where are your sources?
Here’s one for 20th century recessions:
http://www.tradersnarrative.com/length-of-us-recessions-historical-chart-2418.html
Although, I’m always skeptical of any figures provided by Government.
The notable thing here is that the Federal Reserve was created to smooth out the economic cycles, and yet we have had one Great Depression, and now this long-running malaise. It’s pretty obvious that Big Government isn’t working.

It’s also notable that in the 19th century, the value of the dollar actually increased.
But since the Federal Reserve has been created, we have seen the value of our dollar dramatically decrease.
It now takes $22.90 to buy what $1 would have bought in 1913.
That’s just wrong. Mom and Pop worked hard for their money just to see their cash savings dramatically lose value over their lifetimes.
So even if the Federal Reserve did mitigate our recessions, was the cost worth it?
Another notable thing is that before the 20th century, the economic calamities were called Depressions. Now they euphemistically refer to them as Recessions. Could that be because the Politicians before the Great Power Grab were trying to scare the people into more Government, and after they achieved their great control of our Marketplace they preferred to divert attention from our economic problems because then the blame would be aimed at them? Nah, they wouldn’t do that, would they?
http://mises.org/tradcycl/econdepr.asp

Mark, I agree with those things about RP. He does have some good things to offer.
But, sometimes, his followers do him more harm than good. They are negative and caustic when it comes to supporters of other candidates.

I whole-heartedly agree with him about the Federal Reserve Bank. The owners actually “own our country” because they “own our money” and we have to buy it from them!
And, these “owners” just print themselves up a few Trillion of our dollars anytime they feel like it. Of course, these American Dollars go into foreign banks. And, when they print, our dollars lose value.

We are not a free nation when a “bank” (group of elites) own our country and manipulate our economy!

This is a good one FF, Thanks!

Yes Brad we believe your wife knows the Romney family. We also know that Mitt was a corporate raider closing down one business after another, costing thousands of workers their jobs and putting their family on skid row. Now you may answer any way you like, but before you do I would like you to check his record with Bain Capital as C.E.O. raider,and Damon Corporation Medicare fraud Mitt Romney C.E.O. You see I have done my research, not taken the word of others and you can find all this and more in public records . In short the Dems. have this information also and believe me they intend to use it all come the general election. I don’t think Mitt can explain to the satisfaction of the people why he destroyed so many lives as he did for personal gain. You see, according to the public records this is how he made his millions. CHECK IT OUT FOR YOUR SELF

Brad, his actions don’t seem to me to match your discription of him! He, well ok it was Paul, but that was to be expected of Paul, fired the first shots in what has become a sickeningly negative campaign. The others attempted to keep it about the issues and the current administration, but were overwhelmed by the garbage of Paul and Romney!
In the second place I have absolutely NO belief that he will work to overturn PPACA. Given his own program of health care in his home state and his continued defense of an undefensable program, I believe that this “promise” will be just one of the traditional unkept ones!

His intentions MAY be good, but his actions will distroy the many at the benefit of the few. There is no good solution, and sometimes the better thing (since there is, truly, no best thing) is to do NOTHING! BUT, he’s not one to say ‘no’ when it needs to be. He’ll pander to the squeeky wheel just on ‘good intentions’ but doesn’t accept he destroyed many to help the one. I’d say you are the one who is mislead. Until the liberals and moderate ‘conservatives’ (I use that word loosely) learn to refuse some of the whiners’ demands, there will be no true improvement in our situation. Many gains made by Romney have been at the destruction of many more who were unable to tell their story after the fact.

Only Ron Paul can really make a difference it’s about not only economy but restoring our liberties and freedoms and governing according to the constitution. We loose freedoms everyday and are trying to spread this hypocrisy over the world. No wonder we are hated everywhere!

Actually you are LDS even if you are dancing around not saying so outright.

Ron Paul has been the only Politician in the race for President who has consistently fought to obey the Constitution. Ron Paul is the only Politician who has consistently espoused the concepts of Freedom.
People have long ago forgotten why Freedom works so well, due largely to the immense Propaganda that we have all endured in the Government Schools and from the Government controlled MSM. Many, who might otherwise have overcome the Propaganda, have been bought and paid for with other peoples’ money.
It is up to we the people to get our heads out and become reacquainted with the Principles of Freedom. Otherwise the Leaders Win, and we Lose.
As Government Grows, Corruption Flows.

http://www.ronpaul2012.com/

I hate to be trite, but…
“Meet the new boss, same as the old boss…”
“second verse, same as the first…”

Brad, you can’t say anything good about Romney around Ron Paul supporters.

If they would just scrutinize RP as much as they do Romney, I think they might not be so devoted to someone that has been a Washington insider for decades and kept his office by “bringing home the bacon.”

As for Mormons, I have worked about them and have found them to be just as you described…

Evidently, Romney critics are not savvy about how business works and what is done in every venue….anyone that is a successful businessman must do what makes the most economical sense. People in those bankrupt companies were doomed to lose their jobs even if they never heard of Romney! Anyone else would have done the same thing to save some parts of the company, if possible….

Besides, when did it become Romney’s responsibility to prop-up companies that couldn’t make it and support their employees like a charity……there was no more WORK for them to do… geeeeez

Realtors could only use the tools provided to them. Politicians made the tools, intent to destroy a good thing with their greed, and exploiting the basic need for shelter to line their own pockets with the financial instruments they knew would not hold up over time. Realtors were the pawn to fight the consumer, not the guys making the rules.

At least in part I have to agree with you John. About five years ago I ran into a young friend of mine. He was all excited about the new house he and his wife were about to buy. He told me all about it, including the price of over $250,000. They together made about 2/3rds of what I made. I ask if he or his wife had had a recent windfall. No, he said. So I ask how they could afford it. He explained that the Realtor had it all figured out for them. I encouraged him that he and Sandy should be the ones to figure it out! He chose the Realtor, and about a year ago they lost everything!

Independent appraisers and lending institutions are just as guilty as the realtors. All 3 coerced people into buying more home than they could afford.
I do not feel sorry for these greedy overspenders————————and it damn sure is not the taxpayers responsibility to help them out.
We only enable them to continue in their stupid spending!!!!

Insurgent,
Its not always greed that got people, some of them trusted realtors and appraisers. Many of them where looking for a home and used realtors that convinced them that they will take care of everything and they did….not for the best of the people but to get the maximum of profit and the hell with the buyers. Before this crash, the realtor profession through advertisement and misinformation has painted a picture of utter honesty and competence to the people. In many areas they convinced legislation to write the laws in a way that people where either forced to use a realtor or hire a lawyer or both in order to buy a piece of property. I recall being turned down for a loan about 30 years ago because I did not have a realtor involved buying the property. The housing bubble was a big sham involving many, from the government to the banks to the realtors, home appraisers and in many instances buyers where doing what they sincerely believed was right. I mean, see it this way, at that time people went to the banks and the banks told them “no problem you can afford this home, in fact per our formula you can afford even more. It did not mater what they did because even the lower amount was more then they could realistic afford, but NOBODY told them. Yes there where some greedy people out there that used the system to make money, but guess what, most of them are still out there doing the same. And now the cycle is starting again, the realtor organizations are bombarding the people with adds trying to look like they had nothing to do with it and they are just there to help the people… what a sham and the masses will fall for it ….again.

Realtors are just as any other occupation, if there are job opportunities in that field people flock to them because they need jobs to survive. If the occupation field is saturated then the workers will do anything and everything to hold down those jobs.Government is an opportunistic entity and will side with any group to promote it’s own growth.

Good Thought But you got it a little wrong.Not to say Real Estate Agents did not make $$ during the boom. Your government financial fat cats (Bank& Insurance executives) had a much bigger role. The Banks and Government created the loan products that drove this mess the Mortgage Insurance Companies (they insured the investors Risk by charging the borrower a premium) As the cost of insurance increased (based on risk) The Banks saw all the $$ the Insurance Co. were making so they started loaning 20% second loans(AKA HELOC) they packaged them with 80% first. then they started Loaning the $$ to people who had no resources to repay. This created a hugh demand for housing. In San Diego County(one of the largest and most affordable coastal county in Ca. drove our existing home inventory down to 2400 homes. People were over bidding each other by thousands of dollars. Demand was artifically driven up along with prices. We have simaliar things going on right now with Energy, and Printing of $$.

As a Realtor I am so happy that we are back to responsible home purchasing. Buyers Must Qualify. Hallelujah !!

This is a DC nightmare. I am a front line witness.

Thanks John you got it right. Another problem was the home builders themselves. They overbuilt and produced a glut of home. You would have thought that would have brought the price of homes down at the time but they kept going up. Everyone went into euphoria with all the profits but didn’t see the looming crises. Shame on us all including realtors,mega banks,fancy financing,inflated prices,loose rules for buyers and a wide assortment of plots seen and unseen. It was all too good to be true!

John, you are making the “buyers” sound innocent….like they have no idea what kind of house payment they can afford.

Buyers know how much money they have to spend on a “house payment.” If the payment is four-times what they can afford, how is the bank/realtor going to convince them they can magically make payments every month..

I agree with the posts that think people have to be personally responsible for their own decisions…

Home buyers were mostly inocent. Realtors and lenders working on commission and unloading their paper on some one else were creating buyers by making unsophisticated people believe that their loans had magical powers.

frank, I don’t agree. I believe the greater majority got in over their heads because they were trying to keep up with someone else, the Jones Family. Didn’t study the financial ramifications of the loan they were going to sign for – very few took the time to look at what they were doing when they bought far more house than they could afford. And they wanted to believe the things they were told rather than accepting that they knew it was not correct. I’ve seen one daughter fall for the trap of endless refinancing to get more and more stuff; and the other I recall the broker trying to get my daughter and her husband to spend a couple hundred thousand more. They could afford it, but didn’t want to be on the upper edge of payments and the what if factor was something they actually thought about. And fortunately they don’t give a rat’s rear about impressing anyone.

Mr. Crawford:

Your friends should have gone back to the realtor and had him/her “figure it out”!

That old axiom, Figures don’t lie, but liears figure…

John. Do you believes that HAARP is causing most of the “natural disasters”. I think population control is real . We cann’t do nothing about earthquake and others.

Mary, As someone who works in the profession and has a masters in electrical engineering I can tell you that I do NOT believe at all HAARP is causing any of the issues the uneducated fearful masses are ascribing to it. Last nights Aurora has a million times the energy input into the atmosphere then HAARP can produce, did you hear of mysterious earthquakes and weather because of it? I did not, all it was, was a lot of hype that sold newspaper and drove trafic to news sites. HAARP energy is so low, it can’t even cause a localized Aurora (northern lights) yet conspiracy theorists make up all that nonsense simply because they do not understand the technology used and the physics behind it. I have had a tour at HAARP a few years ago with our engineering society, and frankly, I was a little dismayed to see what little power they are running in comparison to the Russia wood pecker or the US over the horizon radar that was used during the cold war.

Agenda 21 is alive and growing so much faster than everyone knows. As you, once you find out about it, research it – very easy, it’s open to the public – and see what the main intent of it is and the obvious driving force behind it. When people do research it they will come to an epiphany and wrestle with a feeling of being more threatened then ever before. Keep passing the word Nancy, keep passing the word.

I will keep passing the word! Everybody needs to know what they have in mind for us. Of particular interest is their use of vaccines to reduce the population. They are lacing tetanus vaccines with hcg (human growth hormone) to make women infertile without their knowledge. The hcg causes a woman’s body to create antibodies to pregnancy hormones so that she will miscarry over and over again. They have been testing these vaccines on women in the Phillipines and Africa. It is already happening! It sounds like science fiction or a conspiracy theory, but if you dig you will find proof that it is real. “Human Rights International” has posted info on their site and you can actually find you tube videos of Steve Jobs and Bill Gates lecturing agenda 21 groups on the success they’re having reducing the population through the use of vaccines. This is really evil stuff and it is happening now! Everyone, pass the word.

Whether Agenda 21 is real or not, reality of Leadership is that they naturally grab as much Power as they can. Long before the United Nations, Thomas Jefferson knew that and tried to protect us but, people being what they are (apathetic), they went about their daily lives and tried to ignore the reality of Leadership. We can only get our Freedom back if we wake up and get educated to the concepts of Freedom, and learn why it not only results in more satisfaction in our daily lives, but it also greatly enhances Prosperity.
Here is an example. Since Canada has trended towards less Government involvement in their economy, they have had a much more robust economy, and more immunity to the economic collapse in the world around them:
http://mises.org/daily/5583/How-Canada-Escaped-the-Global-Recession

Nancy, If you really want to be afraid watch plastic planet and follow it through to the conclusion…its all about population control.

I tried to watch it, John. It said that it was in English but most of it was not. Just couldn’t stand it. I did watch the trailer and some of the shorter videos but I’m sure I did not gt the entire message. Sorry.

Nancy:

I have been getting up to speed on Agenda 21 for a while now, but thank you for the suggestion. I did as you sugested and then sent the link to many people I know are, ah, pretty much clueless.

Wind,

Agreed.

They started the housing problem during the Clinton years, aided and abetted by Congress (Barney Frank) … no doubt the ‘principalities of darkness’ guided them to make foolish decisions and destroy a wealthy America.

Old Henry,

Amen brother.

JUST ASK GREECE, THEY ARE FINDING OUT, ALL WILL FIND THIS OUT, PEOPLE FORGET RESENT HISTORY, PRAGUE, 1957.

Ah, a quote of the IRON LADY. True, very true!!

Rocky,

Socialism is NEVER a good thing… only a Free Republic is a good thing… the one we are quickly losing.

Right on Wayne Allen Root,

Love your informative, no-nonsense videos…

Be waiting for YOU to talk to Politicians and Congress to educate them, esp Barney Frank (can’t believe he is still allowed to make decisions for our country), BUT I have a feeling that many Including Romneycare and especially the marxist O Know Exactly how to Collapse the Country and have been hard at work doing so at their master’s request.

“I don’t think the Politicians are purposely trying to destroy the housing market…”

I agree. It’s merely incompetence

DaveH, well sad as my first thought was crony-capitalism too.

“To conquer, first DIVIDE!!!”

Mr Root begins his presentation with the term “unintended consequences” and then proceeds to allude to possible culpability on the part of the “government” in it’s various actions………and seems to think that somehow a “solution” lies with “government”?

To be precise, once again, his solution is “government” NOT doing something! He seems to have forgotten that the “cause” underlying the housing aspect of this economic debacle, was that the “government” undid, a lot of things at the behest of those who claimed that the so called “free market” did not require those “pesky regulations”, such as Glass Steagle, but needed the “freedom” of Gramm,Leach, Bliley……so that even after,
the S & L lessons, and the “87″ meltdown, followed a decade later by, LTCM and the dot com bubble, not to mention the continuous persistance of the “corporate raiders” and the so called “creative destruction” of the “leveraged buy out.” which didn’t create anything, except a transfer of wealth in exchange for “corporate debt”……the “housing crisis”, is everything that has come before, exponentially increased…..via something called: the velocity of capital.

Mr Root compares THIS to the Great Depression and he bemoans the “destruction of wealth” that will take place as the “housing market” resolves itself…….and through all of this, he is not only extremely confused, but somewhat “self contradictory”.

First, in terms of comparison to the Great Depression, that was MILD compared to this, and while there are similar forces in play and they combined to create a “perfect storm”, which seized economic growth in the global economy, what was different was…
1.) The US controlled 75% of the world’s gold supply, so that we had, as much as it is possible to have, a sound money system.
2.) Part of the problem was the attempts by other nations, to return to the GOLD standard, after the war…..where the primary players included France, England, and
Germany, which was struggling under war reparations……all of whom pursued different strategies…..in self interested fashion….
3.) The Federal Reserve did NOT exist as we know it now, the central board had no power to make policy, each branch was autonomous….and the chief player in this little dance was the NEW YORK fed………

How all this played out…..can be known, accurately by obtaining a copy of “The Lords of Finance”……it is extensively detailed…..and if you seek knowledge, rather than sound bite
rhetoric……you might find that what you THINK you know, can not be reduced to the simplistic explanations that pretend to understanding……

Most people on this site understand the nature of “fractional reserve banking”, which is the chief engine of inflation, and therefor must be monitored carefully, to provide a balance to promote, sustained growth………the goal is to provide enough liquidity to
the economy……..to promote productivity and employment…..

Unfortunately, banks are NOT the only engines of this “phenomenon”…..anyone with the ability to extend “credit” in any form…..also contributes to “inflation” by creating wealth
in the form of debt………a.k.a. bubbles………and since this wealth is “illusionary”, when the bubble bursts this “wealth” is destroyed…..the low interest rates of the twenties in the U.S.
fueled the ‘speculative bubble”……on Wall Street, which sucked in capital from all over the world…….and then burst…….

Hence, Glass Stegal, the S.E.C. etc.

quiet:

“America is at a critical stage –
Too late to work within the system –
Too early to shoot the bastards” ~
The Truth

Bullseye! Fan and Fred are the countries new landlord’s. They’ll chase those pesky rural “freedom loving” people back to the urban cages where they can re-gentrify those dilapidated slums. Brilliant!