Comments for Economic Crisis in US http://economiccrisis.us news, analytics, recommendations Tue, 07 Feb 2012 04:37:19 +0000 hourly 1 http://wordpress.org/?v=3.3.1 Comment on Rising suicide rate worldwide linked to economic crisis, experts say by Jack http://economiccrisis.us/2010/08/rising-suicide-rate-worldwide-linked-economic-crisis-expert/comment-page-1/#comment-2941 Jack Tue, 07 Feb 2012 04:37:19 +0000 http://economiccrisis.us/?p=8481#comment-2941 The American people are not just divided, they're fragmented into dozens of groups. The economy is in the toilet. Every where you look it's more bad news and only going to get worse no matter what the politician's try to tell us. Most people are falling in income, many have been wiped out entirely. Is it any wonder that the suicide rate has gone up steadily and that the middle aged are the most likely to commit suicide now? They believed the hype, that working hard and being faithful and loyal and honest would get them through, but it hasn't and won't. The American people are not just divided, they’re fragmented into dozens of groups. The economy is in the toilet. Every where you look it’s more bad news and only going to get worse no matter what the politician’s try to tell us. Most people are falling in income, many have been wiped out entirely.
Is it any wonder that the suicide rate has gone up steadily and that the middle aged are the most likely to commit suicide now? They believed the hype, that working hard and being faithful and loyal and honest would get them through, but it hasn’t and won’t.

]]> Comment on Confronting an age of austerity by John, just a swimmer http://economiccrisis.us/2012/01/confronting-age-austerity/comment-page-1/#comment-2889 John, just a swimmer Thu, 26 Jan 2012 03:49:13 +0000 http://economiccrisis.us/?p=9878#comment-2889 I'm politically ignorant, only an MS degree and definitely not an intellectual, but after watching "The Secret of Oz" I came to an uninformed conclusion that the major cause of the financial crises in America and the world is the corrupt and ignorant control of money. Those corrupted and ignorant include governments; banking systems; billionaire families, corporations and individuals; and especially the US Congress members and other so called experts that have not learned from the history of money what are the proven real solutions to the financial and most other crises in America and the world. I'm sincerely asking for opinions and critiques of "The Secret of Oz" that presents a pertinent history of money from the birth of mankind to the present day and shows how the corrupt control over money is one if not the main cause of the financial crises and of most world crises, wars, joblessness, poverty, homelessness, starvation, education, ect. For a quick synopsis, copy & paste the following link and watch 5 minutes, from 0:02:50 to 0:08:16. After watching you'll probably want to watch the full video. http://www.documentarywire.com/the-secret-of-oz "You can't borrow yourself out of debt. General Motors can't, you and I can't, the Federal Government can't, nobody can borrow themselves out of debt." A quote of Byron Dale, author and monetary reform expert in the film, "The Secret of Oz" produced by Bill Still. Money: bullion, printed money, bonds, loans, assets, interest charges, checks, etc. In America, the Federal Reserve, a "private corporation" unconstitutionally controls and directly influences the majority of all aspects of money. When the US Government doesn't have enough tax money to pay for its expenses, it borrows from the Federal Reserve and has to pay interest. It's the interest on the 15 trillion that keeps America in serious debt. Another major cause of the financial crises is that the mortgages that private banks issue are "considered assets" and the banks are allowed to loan out ten times the amount of each mortgage and only required to retain hard? assets equal to the original mortgage. If a customer buys a house and takes out a $300,000 mortgage, the bank can loan out $3 million and collect interest on it. The $3 million that is loaned out does not exist, it's make believe money. Excessive leveraging? If there's a run on the bank, guess what, they fail or get bailed out. Your opinion and critique of "The Secret of Oz" and corrections to my errors and any in the film would be appreciated. Thanks, John, just a swimmer. I’m politically ignorant, only an MS degree and definitely not an intellectual, but after watching “The Secret of Oz” I came to an uninformed conclusion that the major cause of the financial crises in America and the world is the corrupt and ignorant control of money.

Those corrupted and ignorant include governments; banking systems; billionaire families, corporations and individuals; and especially the US Congress members and other so called experts that have not learned from the history of money what are the proven real solutions to the financial and most other crises in America and the world.

I’m sincerely asking for opinions and critiques of “The Secret of Oz” that presents a pertinent history of money from the birth of mankind to the present day and shows how the corrupt control over money is one if not the main cause of the financial crises and of most world crises, wars, joblessness, poverty, homelessness, starvation, education, ect.

For a quick synopsis, copy & paste the following link and watch 5 minutes, from 0:02:50 to 0:08:16. After watching you’ll probably want to watch the full video.

http://www.documentarywire.com/the-secret-of-oz

“You can’t borrow yourself out of debt. General Motors can’t, you and I can’t, the Federal Government can’t, nobody can borrow themselves out of debt.”

A quote of Byron Dale, author and monetary reform expert in the film, “The Secret of Oz” produced by Bill Still.

Money: bullion, printed money, bonds, loans, assets, interest charges, checks, etc.

In America, the Federal Reserve, a “private corporation” unconstitutionally controls and directly influences the majority of all aspects of money. When the US Government doesn’t have enough tax money to pay for its expenses, it borrows from the Federal Reserve and has to pay interest. It’s the interest on the 15 trillion that keeps America in serious debt.

Another major cause of the financial crises is that the mortgages that private banks issue are “considered assets” and the banks are allowed to loan out ten times the amount of each mortgage and only required to retain hard? assets equal to the original mortgage. If a customer buys a house and takes out a $300,000 mortgage, the bank can loan out $3 million and collect interest on it. The $3 million that is loaned out does not exist, it’s make believe money. Excessive leveraging? If there’s a run on the bank, guess what, they fail or get bailed out.

Your opinion and critique of “The Secret of Oz” and corrections to my errors and any in the film would be appreciated.

Thanks,
John, just a swimmer.

]]> Comment on How To Prepare For An Economic Collapse by Lily http://economiccrisis.us/2012/01/prepare-economic-collapse/comment-page-1/#comment-2880 Lily Tue, 24 Jan 2012 10:57:31 +0000 http://economiccrisis.us/?p=9859#comment-2880 Interesting, but seems to be a scenario from a Hollywood film. I think this will put people into more fear. Interesting, but seems to be a scenario from a Hollywood film. I think this will put people into more fear.

]]> Comment on Rising suicide rate worldwide linked to economic crisis, experts say by jena http://economiccrisis.us/2010/08/rising-suicide-rate-worldwide-linked-economic-crisis-expert/comment-page-1/#comment-2878 jena Tue, 24 Jan 2012 01:31:54 +0000 http://economiccrisis.us/?p=8481#comment-2878 I totally agree on what blonde arsenal is saying. if people stop complaining and start looking or not stop looking, there is always hope for tomorrow. American people have been spoiled (not all though, obviously) that the country's financial crisis bring some to suicide. If you look how poor and are always in crisis third world countries are, you will realize you are still in good condition. instead of complaining, why not stop and look at the world and realize you are actually in a better shape than most? I totally agree on what blonde arsenal is saying. if people stop complaining and start looking or not stop looking, there is always hope for tomorrow. American people have been spoiled (not all though, obviously) that the country’s financial crisis bring some to suicide. If you look how poor and are always in crisis third world countries are, you will realize you are still in good condition.

instead of complaining, why not stop and look at the world and realize you are actually in a better shape than most?

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