Bank Bailout or Economic Coup

[@djonova]

Great video! One of your best yet! People need to know what is going on.

[@djonova]

Great video!!! It is great that you are touching on this subject.

[@Nihilist13]

End The Fed!

[@ACurrentConspiracyACC3]

Another thing I might add is that during the Depression of the Dirty 30's they didn't have any credit cards. There weren't these huge brokerage firms as we have them now. Once these banks start failing not only because of insolvent sub-prime, and prime home loans, but also because of bad credit card holders, that's when these giants will all be falling in rapid succession, just like dominoes. I think we're on the precipice of all this happening. September or October will be the months to watch

[@sandman3698]

Since it was tax dollars that bailed these banks out do the people still owe their loans?

[@karen32862]

The Federal Reserve is a government agency. True, it is set up in a way that politicians do not rule central banks. However, the power extended to the Reserve is by congressional act, and Congress still has oversight of it.

[@MadBadVoodo]

Hmmm Makes you think! Five Stars Man!!!

[@karen32862]

The Fed is not owned by the Federal Government; however, the Fed is empowered by Congress and Congress has oversight of the Fed. The Fed is a government agency.

[@ckekinit]

I have noticed this and am alittle surprised over the banks that are doing the taking over. I would think it would be JPM,C,MER,BAC,BCS,RBS,....basically all the banks on the SEC Naked Short Protection list. A select few of international and domestic banks. I believe Wells Fargo took over a bank recently (not on the list). But, I think the real question is what should or can be done about it?

[@ealfinez]

First the Fed is a PRIVATELY owned bank and they are NOT a branch in our government. Second the REAL reason for this bail out besides what is being said is this very simply Foreign Investors. The Chinese and Japanese both insisted that OUR government do something to PROTECT their investments, so the real question you want to ask is this "Why is foreign ownership of US Assets such a big deal"? They own a huge portion of our debt and when things go bad we have to oblige their requests? WOW

[@boots920]

Jefferson is the coolest politician ever to be on planet earth. Funny I had to learn about this guy on my own, no classes in school...hmmmmm

[@LtBuckshot90]

it just more controll by the government

[@boots920]

I think its beyond depression, when the Roman empire failed, the world went into the dark ages. It just sucks, I'm a big car fan, and to see the big three on their knees. I don't know if my liver can take much more of this crap.

[@rwalker200]

As I said to you earlier I think we are heading toward another depression. Its not gonna be today or next week or even next year. One day you will get up and go to the bank to see a closed sign. If something doesnt happen for the better soon mark my word were screwed... Mitt Romney for VP 2008

[@jannonymous]

queensryke!

[@m1rock]

Great vid! Very good points.