Privatizing profits and socializing losses refers to the practice of treating company earnings as the rightful property of shareholders and company losses as a responsibility that society must shoulder. By Will Kenton Updated September 30, 2021 Reviewed by Michelle P. Scott

Mention how the group of people are all Jews

Foreclosure fraud took homes from so many .. no relief for homeowners ... settlements by gov for gov ...

The reason people do not do anything is not because of religion, its because its too big, and if there ever is a revolution itll be the religious that lead it

Good info but I find him to be pretentious

You are a he'll of an optimist old dude. How much alcohol do you consum3 daily..?

Off "Whether or not trump will stop it" 😂😂😂😂😂😂😂😂

Why is the deep state trying to take out Trump then?

👍👍👍

Why is he in the belly of the beast

Does anyone else hate the "Coming up" or "here lets ruin the entire show segment at the begining" I also hate intros, just get at it, leave the intro in the bottom or something

1st😊

Rumplstiltskin is a psychopath!

Oh my gosh someone with a dam brain.🙏🏻😱

It's all about Privileges Monopolies and Slavery, especially the Coin monopoly.

I'm glad to hear that Tom is thinking the same way as me about Jarome Powell. I must be on the right track.

Wow.

"...My Friend Mercouris... ...pick a fight with Russia..." This guy talks like someone who'd put polonium in your tea.

Musk has a machine/brain interface experiment running at Battelle to protect? The altruism is a cover story.

Tragedy +hope - Carroll Quigley.

Evil malignant narcissist? Describes Justin Trudeau to a tee.

the dollar is destroyed? Can I have yours please if you dont want yours

Even HG WELLS knew it was a failure. Anglo-Saxon rulership is the goal. Watch “BROTHERHOOD OF DARKNESS”- Stanley Monteith. Or “ TRAGEDY & HOPE” -Carroll Quigley

Not if Ukraine becomes a NATO country. This Would protect Ukraine from further Russian aggression and also protect the Russians themselves from Putin’s greed and stupidity. Zolensky has said to today that he is prepared to agree to this even if it means giving up the territories Russia has thieved from Ukraine.

There's never been a constitutional basis for the Federal Reserve or for bills of credit.

BoE is not facing bankuptcy - do you know how much gold is stored in London? BoE will play the possession card - bugger off, you ain't gettin your gold. Here, have some IOUs if you like.

Lol, "lib Hollywood" & a Euro bank *created* Trump. No US banks would lend to the TrumpU & Foundation Fraudster who stole from kids with cancer, but DeutscheBank gave him $2.5B of his $2.8B net worth in 2016. ( -$400m from daddy -$400m from "Apprentice" = ... )

The Americans blaming the British the British blaming the Americans depending on who you watch these Two hate the British

Bolocks...oligarchy of chosen people. Open your eyes.

So if trump wants to end the dollars leaving the USA, why does he want a strong dollar and tarrifs when a weak dollar would be easier?

pay taxes

hahaha

Well… no. It wasn’t “always the plan of the British and the French to invade Russia”. I can think of countless things to argue that that statement is utter horseshit. So… bye.

no. dont think so.

I like your theory here. I hope you are correct. However don’t you think he could just be a “useful idiot” installed by the see eye A and here to turn USA into a 3rd world country……

ah so it is the europeans :DD

I love hearing Tom's fascinating contrarian views!

What is the name of his friend that he mentions around minute 25 when explaining how the WEF/ heirs to the Venetian-Dutch banking cartel want to reduce the population?

In 2010 Europe was relying on the US for protection ... protection from what? In the end most these narratives make no sense on their face, people just repeat them. Now that they have engineered a war with Russia through 20 years of regime change and encroachment of missile bases they will tell they are protecting you from Russia because of the war they started. But let's just go back to 2010 to make it real clear. What was the US protecting Europe from? Jack and shit and Jack left town.

one needs to point out that Tom have an Amazing Board Game collection

Luongo is a rock star

The truth us here.

Are the European oligarchs trying to control the US or is it the other way round. What is happening to Europe now paints a completely different picture to what they are saying.

Potential false flag. A British attack on a U.S. Base in Britain and blame it in the Russians. I said it first!!!!

Look into a man named John Warner IV, whose father John Warner III was a long time US Senator from Virginia and chair of the Senate Armed Services Committee. Warner the younger tells stories of how his father and fellow US politicians were frequently summoned to Britain and given marching orders from the UK royals and oligarchy. As Tom said, the game has long been a misdirection campaign where the globalist elites run the show,, and bribe, blackmail or coerce the US leaders while tell the European people that "those damn Yankees are ruining everything!"

stupid

Really? Lol who owns the trillion value companies? Are the Europeans?

The American dude is talking fat swollen shit, the Wall Street oligarchs are trying to bring EU into the USDollar system to give it another 20 to 30 years of dominance.

Luongo's idea-assumption that: 1: The banking systems are the ultimate power behind the scene and that: 2: the American banks and American banks are at loggerheads with each other is pure overcomplicated gobbeldy-gook bullshit. The fact is the actual true power behind the scenes are the intelligence networks/ industry... They are the No. 1 criminal mafia that has controlled western civilization ever since they were allowed to expand and operate in secret after WW2 was won by the ewish international bankers. They control the entire corrupt ruling elite by blackmail and intimidation; They can assassinate-kill-murder-poison anyone they don't like with impunity. Their only rivals are the two police states of Russia and China who have the exact same degree of control and power. All the bankers in the west are terrified of their CIA mafia and all of Russia is terrified of their police state and FSB and China is the same/ Luongo is a financial moron-idiot because he is obsessed with money: not history. Europe dances to the CIA's tune like a good boy. Period; end of story.

Tom Luongo is spot on! Thanks for bringing him on your podcast.