jangbones  - 2009-02-10
The most horrifying video on poetv.
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oswaldtheluckyrabbit - 2009-02-10
Should be required viewing for all Ron Paul-ites.
And everybody.
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zatojones - 2009-02-10 yes remember the banking failure was because there was too much government regulation not too little
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zatojones - 2009-02-10 and pretty much so long as the Fed exists Paul and his ilk will always say there is too much government interference
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Xenocide - 2009-02-10
So "socialism," as defined by the right, literally saved the world.
LAUGHING TIME IS NOW.
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Smellvin - 2009-02-10 A. The world isn't exactly saved yet. It might have just temporarily prolonged the world.
B. *dons pragmatic, tin-foil hat* This may never have even happened and might have just been the Treasury/Fed's way of pushing congress to act without thinking (a la Patriot Act and Iraq War resolution)
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zatojones - 2009-02-10
brb buying ammunition and canned goods
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Nikon - 2009-02-10
H O L Y
S H I T
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Udderdude - 2009-02-10
It's all a big shell game. Don't rock the boat!
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sosage - 2009-02-10
What/who caused the sudden 5 trillion sapping early in the morning...and why all of a sudden if it wasn't from one source? Conspiracy?!?!
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sosage - 2009-02-10 Sorry...550 billion
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almo - 2009-02-17 The notion that this would have caused 5 trillion in drawouts in these money market mutual funds is absolutely ridiculous considering that there was only about three and a half trillion in them.
Never trust the words of a politician.
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Camonk - 2009-02-10
Jesus if I understood what all that shit meant it would be absolutely horrifying. It was still pretty scary.
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Dutch Oven Fresh Pie - 2009-02-10
YouTube comments are great. "Why do we need banks?" "We can just barter!" and "Revolution!"
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kingarthur - 2009-02-10 Those people are the reason you buy the canned food and shotguns.
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Senator_Unger - 2009-02-10
You know, I was wondering why the FDIC, which had insured deposits up to 0,000 for as long as I could remember, had suddenly started insuring deposits up to 0,000. Now that I know, I wish I didn't.
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RockBolt - 2009-02-10
*spit take*
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Desidiosus - 2009-02-10
We have been up shit creek for months now and there is still no sign of a paddle.
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Jimmy The Headless Frog Boy - 2009-02-10
I heard a commentator talking on Bloomburg Radio about the panic discused at 3:00.
He said we almost lost the inter-bank A.T.M. system because there was so little trust between banks. He also said 1 major retailer almost went "Cash Only" and would have refused all credit card transactions.
It's bad out there, and it's going to get much worse.
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Lauritz Melchior - 2009-02-10
Could somebody get in touch with Fuck Team Five for me?
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Jefka - 2009-02-10
The last analogy is pretty terrifying.
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Rodents of Unusual Size - 2009-02-11
How do you prevent all those extra assets from going sour then? I knew before that essentially that day credit stopped virtually existing at all, but all of this is so daunting and horrifying it goes beyond description.
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NoCode - 2009-02-13
AHAHHAHAHAHAHHAHAHAHAHA
hysterical laughing.
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