Good 1% vs. bad 1%

Good 1% vs. bad 1%

YouTubes like this give me hope that young folks are figuring out what’s going on. After all, they’re the ones on the hook for the $16 trillion federal debt, $1 trillion in their own college debt and numerous other debts. And Social Security and Medicare will be broke long before they even turn 40.

(Hat tip to Lew Rockwell.com)

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  1. Donkey
    Donkey 21 May, 2012, 12:27

    I love the truth flowing from the lips of a beautiful brunette, thanks for the video John!! 🙂

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  2. Beelzebub
    Beelzebub 21 May, 2012, 12:51

    This girl makes a few good points yet she is highly misinformed in some respects as well.

    She mentioned the word “bailouts” a couple times but failed to mention the word “Wall Street” even once. Why??? Is she being disingenuous? Wall Street stole trillions in bailouts and cheap no-interest loans from the American taxpayers. They committed heinous acts of financial fraud. And none of them went to jail. Why? Because they paid big bribes to the tax collectors and their bosses to stay out of jail. Many of them had BILLIONS of dollars in unpaid taxes forgiven by Bush and Obama. Why? Bribes. And the briber is just as foul as the bribee.

    Steve Jobs offshored about 80% of Apple’s production. He helped set up sweat shops in China that mimicked the child labor era in America. He gave those jobs to foreigners instead of to his own citizens. And he failed to pass on the savings from the foreign slave labor to the consumers in America. He has gouged Americans for his Apple products. Go to an Apple store someday and look for yourself. Jobs could have priced his good at HALF the price and still made a healthy profit. Steve Jobs was no saint. Not by any stretch.

    I agree with this girl about the government ransacking the nation. The tax collectors would be especially egregious if they act as the strongarm for the healthcare insurance companies and charge any breathing human a huge penalty if they refuse to submit and buy insurance under Obamacare from one of the corporate pigs.

    We need to be honest on these boards and hold all accountable who need to be held accountable. If you only hold half of those responsible for the dire situation that we find ourselves in it is self-defeating because the other half will not only continue to defraud you – they will push it to an even higher level. Look at JP Morgan if you doubt that. 😉

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  3. Beelzebub
    Beelzebub 21 May, 2012, 14:04

    Btw, Facebook was down 11% today. Look at all the sheeple who bought the hype and got snookered.

    More proof that Wall Street is not there for you, folks. Wall Street is there for Wall Street. Whatever it takes to separate you from your money and funnel it to their side of the ledger – that’s what they will do. So when this young lady tells you to trust the private sector – take it with a HUGE grain of salt. Don’t be a sucker.

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  4. CalWatchdog
    CalWatchdog 21 May, 2012, 15:27

    Using “Wall Street” is akin to buying into the rhetoric put out by the Democrats.

    It’s the derivative markets we need to remain focused on.

    Derivatives bet on whether interest rates go up or down. The worst bet was the mortgage crisis, and whether people would default on their mortgages.

    That was the bet that blew up Wall Street. The collapse of the housing market together with the failure of manipulated mortgage securities created by some of the big investment houses was tough enough.

    But the financial explosion was the dirty side bets and the trillions of dollars on those mortgage securities, made by investors and hedge fund managers. Known as “credit default swaps,” they were primarily private insurance contracts that paid off if the investment went bad. But the fallacy of the whole thing was that you didn’t have to be the owner of the investment to collect on the insurance. In fact, betting on the failure of the investment was preferable.

    The law allowing this big-time gambling was passed at the end of the Clinton administration in 2002 under pressure from Alan Greenspan, who had pushed hard for the unregulated credit default swaps. And then, within six years, the housing market meltdown started.

    Katy

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  5. Beelzebub
    Beelzebub 21 May, 2012, 17:09

    “It’s the derivative markets we need to remain focused on”

    And who do you think it was who designed the derivative markets if not for “Wall Street”? Do you think the average congressman or woman is smart enough to design such a complex system? Hell, they can barely understand simple math as it applies to the national budget. It was people like Hanky Panky Paulson – the former Goldman Sacks goon who pushed for unlimited leverage during the Bush years in 2004 and got it!!! Why??? Because of all the bribes paid to congress to allow Wall Street to have their way.

    “Derivatives bet on whether interest rates go up or down”

    Derivatives do much more than that, Katy They were used to leverage bets as high as 60 to 1 and were used to create Credit Default Swaps (CDS) – a bogus type of insurance policy that were written on bad bets and outright fraud.

    Here, let me explain: Let say I borrow $50 from Jim. Jim wants his loan insured in case I cannot pay him back. So he goes to Fred and buys a “CDS” (a derivative) to cover the loan. Fred supposedly checks my credit rating and agrees to insure the $50 for, let’s say, $3 month. Naturally, the premium Jim pays are long gone as soon as the check is cashed. In effect, Fred is betting that I will pay Jim back in full.

    Now Fred has some business problems and doesn’t have near the $50 needed to pay Jim if I go broke. The credit agencies see this and downgrade Fred’s credit rating when he cannot raise extra cash. Now Fred is screwed since without a stellar credit rating he cannot afford to borrow at good interest rates. Fred goes bankrupt.

    Now Jim is in big trouble. He’s not insured against loss if I stiff him. When the credit agencies find out they downgrade his credit rating too. Now he goes bankrupt too (of course they were all saved by the US taxpayer except for Lehman and Bear Stearns).

    Now consider this, Katy. It’s one thing to insure against loss with CDS. But Wall Stret was actually using CDS to bet on whether companies would fail or not.

    Taking the above example – Jim didn’t know it but there were $1000 worth of CDS written on his $50 loan. Basically betting that I would not pay Jim his $50 back. So it was NOT insurance. It was OUTRIGHT GAMBLING ON THE FUTURE OF S&P CORPORATIONS.

    And naturally – when it all blew up the CDS were WORTHLESS!!!

    AIG WROTE $78B WORTH OF CDS, KATY!!!!

    And as end note – it was JP Morgan that created the FIRST DERIVATIVES IN 1995!!!

    Now there are the FACTS for you, Katy. Please reconsider changing your opinion and blaming it all on the government.

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  6. Beelzebub
    Beelzebub 21 May, 2012, 19:22

    Do you want to know why the Tea Party leaders elected in 2010 completely folded on going after the crooked banksters on Wall Street???

    Wonder no further.

    Here’s your answer:

    http://thinkprogress.org/economy/2012/05/21/484283/how-banks-bought-the-tea-party/?mobile=nc

    What have I been telling you for the last 2 years?

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  7. Donkey
    Donkey 21 May, 2012, 19:34

    Michael Milken, from what I have read created the idea of packaging these “derivative” vehicles and showed the brokers how to market them to AIG and others, thus opening up “wasted capital.” This was a guy that is not even suppoed to be involved in the securities markets. 😉

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  8. Beelzebub
    Beelzebub 21 May, 2012, 22:09

    Mr. Donkey – Milken was in it up to his neck. That’s for sure. But it’s my understanding that Blythe Masters – a Cambridge grad – who headed up the JP Morgan Global Derivatives Group – first invented the concept of ‘financial derivatives’ in 1995. No suprise that JP Morgan was instumental. Have you read the latest news about the firm? 😉

    My overall point is that blaming the government for Wall Street’s sins is a cop out. Both are equally guilty. Both worked hand in hand to suck hard-earned money from the average American and transfer that wealth to the richest 5%. And, by God, they did it. The richest Americans have prospered during the economic meltdown while the average American took it in the shorts. And that’s the truth.

    And how could anyone claim that government intrustion caused the meltdown when, in fact, LACK of government regulation was one of the primary causes? Look at the latest fiasco with JP Morgan. Another example of how lack of oversight into the operations of JP Morgan resulted in a MINIMUM of a $2B loss. Chances are the losses are MUCH HIGHER than that and are being concealed. As a matter of fact, CEO Jamie Diamond said today that he is not going to give a running tally of the losses. HAH! How could that be when he has a FIDUCIARY OBLIGATION to be completely honest with his shareholders? TRANSPARENCY is NOT an OPTION when it concerns SHAREHOLDER INVESTMENTS!!!

    It’s a crooked system, Mr. Donkey. And BOTH SIDES OF THE EQUATION DESERVE EQUAL CONDEMNATION!!!

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  9. Beelzebub
    Beelzebub 21 May, 2012, 23:58

    What? No comments from the Tea Partiers on the link above??? heh.

    All the Tea Party leaders who claimed that they were going to go after the Wall Street “fat cats” are nothing but frauds and whores who sold out to the big financial terrorists.

    Anybody who still thinks we have a legitimate political system is smoking some real real strong stuff.

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  10. Beelzebub
    Beelzebub 22 May, 2012, 15:51

    I see that FaceBook stock dropped another $3 today. heh. What did I tell ya? It’s has dropped 18% since the IPO opened. heh. $40B dollars worth of capital down the crapper. heh.

    The latest news is that Morgan Stanley leaked negative news to it ‘institutionalized investors’ (the big white shoe boys) before the IPO opened. heh. This left the little retail buyer (JoeSixPack) holding the bag. heh.

    Now do you see how crooked Wall Street is??? Now do you see how it works??? Now do you understand what I’ve been harping on??? Or do I need to draw a picture for you??? heh.

    Even the long-legged mac daddy pushed this company prior to the IPO opened up it’s shares for public sale. heh.

    PT Barnum told us there’s a sucker born every minute. PT was spot on.

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  11. SkippingDog
    SkippingDog 22 May, 2012, 22:45

    Why, it was none other than that great Republican Senator from the state of Texas who authored and guided the very legislation that released banks from the restrictions which had prevented them from turning our national economy into a giant casino since the Great Depression.

    “Between 1995 and 2000, Gramm was the chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs. During that time he spearheaded efforts to pass banking deregulation laws, including the landmark Gramm-Leach-Bliley Act in 1999, which removed Depression-era laws separating banking, insurance and brokerage activities.”

    And for whom does former Senator Phil Gramm now work? Why it’s the infamous UBS, a banking firm originally created to hide assets in Swiss bank accounts.

    “As of 2009, Gramm is employed by UBS AG as a Vice Chairman of the Investment Bank division. UBS.com states that a Vice Chairman of a UBS division is “…appointed to support the business in their relationships with key clients.”[34] He joined UBS in 2002 immediately after retiring from the Senate.[35]”

    And the people who frequent this site want more Republicans in office?!?

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  12. Beelzebub
    Beelzebub 22 May, 2012, 23:29

    “Why, it was none other than that great Republican Senator from the state of Texas who authored and guided the very legislation that released banks from the restrictions which had prevented them from turning our national economy into a giant casino since the Great Depression”

    If you were honest you would admit that the dems are just as deep in the pockets of Wall Street as the Reps are.

    Obama got just under $1M from Goldman Sachs in 2008 and is outdoing himself with Wall Street Wall Street contributions in 2012.

    The long-legged mac daddy’s biggest campaign fund organizer is no other than John Corzine – the former CEO of bankrupted MF Global that used over $1B of alleged secured customer accounts to backfill holes in the corps finances. heh.

    Ever heard of Bwaney Fwanks or Chriss Dodd??? HAH!

    You need to take your damn blinders off for once and look at the world as it is instead of the way you purport it to be.

    Reply this comment
  13. Marcus
    Marcus 14 July, 2015, 16:01

    Millions and millions of U.S. citizens have been remotely assaulted thousands and thousands of times and watched thousands more citizens around me being remotely scanned, manipulated, deceived and some corrupted all around by a group of criminal, militious and mostly satanic stalkers. They have made several thousand connections remotely intruding in on most in Albuquerque, NM, howbeit so subtly or not. The rest of the U.S. has mostly been scanned by cyber criminals at some particular time in their life. A network of duplicitous stalkers is growing rapidly in numbers and conducting themselves as wicked and sinful as a Satanic army establishing New World Order (NWO). Group stalkers covertly follow protocols to appear casual while they harness much sophisticated remote surveillance and manipulation that many of you are unaware of. A nationwide set up to interfere with and conform millions of humans mostly through their electronic communications and . In the U.S, only about 1/2 million are currently scanned with remote neuronal monitoring (RNM) at all times in combination with heavy targeting. Targeting an individual (T.I) comes with a myriad of regular transgressions (cimes against T.I.) such as remote theft and manipulation os individuals nervous system, deceptions, harrassment, saboteurs, assaults and infiltration.
    Because of a gruesome setup to neutralize, scan, slander and neutralize me November, 2011, for over four a multitude of racist and well insulated stalkers have targeted me extremely for a put down in order for a very wicked and disturbing community take over. They have committed several heinous crimes against me and many more, everyday since their sinful setup. Their treason is shamefully designed, revolving around greedy, no respect, jealous gangsters following strict and scurrilous guidelines. Their very intrusive mass monitoring revolves around new age technology, primarily Radio Electroencephalography (E.E.G.) Remote Nerve Energy Monitoring (RNM) through biological systems Electromagnetic Energy Spectrum. Covertly planted microchip-loaded transmitters with RNM are used over unknowingly ‘ripped off’ subjects and targets with microscopic precision. Highly functional transmitters to a super-computer, satellite, and several stalkers monitors are picking apart every form of intelligence in the U.S. It is dishonorable, digressive and extremely shameful for the perpetrators to conspiratorially only divulge brain ‘pickings’ with complicits and deceived citizenry wbo must vow to never announce their findings.
    The Department of Justice reported in 2010, in a report of some sort, that an estimated 400,000 U.S. citizens were harassed or targeted by a group of 3 or more stalkers. Ironically, none of the federal or state government law authorities are doing anything about this on a large scale basis. Another Targeted Individual stated in a report to a report to several attorneys, that media could be wrongfully charged with a 1917 clause of espionage for reporting group stalking, if it has anything to do with FBI, NSA, CIA or military. Were not just sitting on our hands though group stalkers heavily targeting individuals regularly assaulting them remotely/covertly/cowardly with Directed Energy Weapons (D.E.W). As unethical, disturbing, criminal and as unimaginable, remote nerve energy monitoring (RNM) of lifes electromagnetic energy spectrum, satanic stalkers already betrayed and mutilated many innocent lives including communication of truth around my family’s home. They are very nasty sythianic, barbaric and rapacious devils persistently growing out in number to seriously and deceptively steal and desecrate the minds of America.
    Just on our property, they now have employed around 26 EEG-RNM transmitters with DEW’S that started with one mobile loaded-transmitter in our homes ductwork, planted sometime between November 2010 to June 2011. The worst intentioned perpatraitors/ saboteurs purloined views and other remotes to the device have only used the worst of intentions/protocol for stealing biological, intellectual and private information and for mutilation of opposing views, the truth, genuinely enlightened thoughts, feelings, sounds, property, nature, childrens upbringing, and communication for their deplorable, rapacious and sickening New World Order (NWO). Discussion on their deplorable psychology’s or pathological deceptions I can quickly label as being rude, sophmoric, gruesome, digressive, abusive, snarring, inflammatory, cruel, venal, criminal, evil, psychotic and bizarre. Meanwhile, they remotely corrupt childrens brains at two grade schools bordering our property, nearly all day. Namely, North Valley Academy, where most staff intimate stalking Christians with theft, intimidation, RNM, remote rape, poisonings, murder etc. They abide tightly to militious malice followed immensely by placation by false motives. Using remote body and mind manipulation technology, they conformed and defiled for over 4 years, close to a thousand K – 8th graders, at 3 schools around our block. The young minded students are tranced and intimidated into being barbaric and scythianic group stalkers.
    Atrocious indeed! They are known as gang stalkers who indulge in menacing and torturing innocent, honest cititzens, called Targeted Individuals (TI’s) in society and whore mongering with deceptive electronic spying, manipulation and harassment.
    Ive presented over 5 forms of evidence to FBI, NSA, a few members of local media, my local police and more, who all declined and only gave me less then a minute of their time. Unfortunately most of my emails were intercepted by cyber criminals.
    They’re all out debilitating sabotage on my life began November 1st, 2011. They poisoned me with a heavy neurological poison a few months beforehand and again a few days before heading for $70,000 a year job training in California. A job I got with my B.Sc. degree in Wildlife Management. Since being targeted by Satanic-depernatural group of stalkers, I have been unable to even apply with my degree now 3.7 years (April 2015). Halfway to training, my second truck engine in three months, goes out, this one a newly rebuilt motor with no more than 5000mi, suddenly blows a rod. Driving through Arizona, stalkers followed me and dropped some kind of foreign object into the engine oil filler tube while I left the hood open and went into a gas station to buy brake fluid. To create as much confusion and despair as possible, they poisoned me again on my way back to Albuquerque and back at my home. Then they started remotely harassing and attacking me in an all day and all night sinister maraud. They stirred up mine, my mom and brothers fears and anxiety as much as was possible to divide and conquer our home and minds. I was very concerned about our survival and they feed on that to cause fighting and years of mapping out every ones electromagnetic energy field. It caused a small accidental bump on my moms head. This staging is still used for scaning, atrocios assaults and slandering of my family with much psychotronics employed by wicked stalkers. They use false libel every day to orchestrate several crimes on our bodies and minds, in a most cruel and heartless set of lies.
    To add insult to shame, UNM ER applied horrific medical treatment to us from misdiagnosis’, gross negligence, slander and major intentional malpractice. On January 4th, 2014, very vicious, queer and fallacious medical professionals at University of New Mexico Hospital’s very own Emergencies Department, slipped a sophisticated mobile device into my left arm intravenously that through EEG RNM and a intricate mobile apparatus, made its pernicious path to my spinal cord in just over a week of travel through my body. Their deplorable, unethical, criminal reasons for sneaking it in me are numerous. They snuck devices into four other people from my observations into a person for the stalkers amusement of spying a man, woman or childs body and mind out and for criminal nerve research large profits with radio E.E.G. Remote nerve E.M. energy monitoring. While they don’t share any monitary profits with the subject studied (victim), nor do they give them even a faint glimpse of their body or biological processes they would like to know for themseves, but rather deplorably, the stalker theives opt out of sharing anything of value.
    Even more horrifying, they partake in defemating me with lies around our home, literally through me, by thought and nervous system energy manipulations over three times a minute the past two years. They set targeted large audiences as vulnerable and deceived recipients. Deplorably they are selectively feed false images and sounds, usually loaded with the perpetrators vindictive hateful lies, harassment and assalts. Regular subjects of satanic conformity include bordering grade schools (North Valley Academy) to our property, and several other hearts around town. most people who experience the subtlemind altering Radio EEG with Radio radiation, microwaves, sound alteration, or manipulation through other means are too unaccustomed to identify stalker remote molestations. The children at North Valley Academy have been impeded so much by remote sensations through their bodies, sadly now, think it is the right thing. Shortly after their brains are remotely breached by satanic technocratic stalkers false teachings with placation and mental shrouding, they join in harassment of me. Its been daily, even when I yell back at them some over the fence that they are wrong and being brain scanned and defiled.
    Still more horrible, they send energy currents and signals through my spinal cord to different groups of nerves all around my body to manipulate movements in my body, about every few seconds to a minute. they rotate remote spinal cord device operators to keep constant opression in a most gruesome rapacious and horrifying protocol. Thew electrocute my heart with the device and my brain to fry me awake usually 3 times a week on average. They also neuro impulse my privates frequently try and enforce a torture regime on me in my genitals to force me to have several grotesque homosexual experiences remotely. A cell tower about 1 mile to the southeast of are home is what they communicate with the device with.
    Since June, 2014, group stalkers drove by or planted miniature remote guns and shot tiny 0.1-0.03mm projectiles at me (over 300 times even though avoiding this abomination), which often contain poisons, parasites or viruses.
    As they were behind impairing and destoying close to a third of my minds neuronal synaptic firing and a fifth of my body’s nerves’, its much more difficult to write as compelling as I would have before these regular assaults. Tonight, like every night, I just try to ignore the frequent stalker noises inside and outside our home but half the time they rape or torture me remotely even more. I am an extreme case of victimization by satist hostility loaded with remote weaponry and harassment on a second-to-minute basis (i.e. Directed Energy Weapons and interception of sound wves off anything in my environment). My other option to avoid frequent stalkers assaults and slander that they try forcing on me 10-100 times a day is to become their gay puppet or a satanic stalker, both I never will and extremely repulses me (so alternatively I am their primary subject of test and martyrdom). Since the sneaky spinal implant, their is now always at least 6 thuggish stalkers watching, harassing, disturbing, slandering or assaulting me at a time. I stopped trying sleep after thuggish RMO neuroimpuled electrical shocks through my heart every 10-30 seconds for an hour. This goes on over twice a week beginning end of January, 2014. To complicate matters more, they gave me a bogus mental diagnosis two hours after slipping the remote scan and battery device in my arm. Stalkers also picked my locks and poisoned my food over and over. Several group stalker members (actually Satins soldiers carrying out his deceptive and demoniacal treason), have poisoned me over 100 times and my mom about 15 times destroying over half our memory and a quarter of or nerve functions. They have also hideously destroyed most of my computers that had a lot of recorded evidence.
    Being gang stalked remotely by organized sickos and goons who follow a militant, guerrilla protocol is similar to being held hostage.
    They have purloined the real-time images of me to at least a thousand treasonous citizens in Albuquerque while a few dozen of their syndicates use it days and sometimes months at a time. I call these people, who are much more like monsters, ‘spinal cord remote microchip operator’s. What they do with remotes to my bodies nerve firing is gruesome most of the day and then all night about three nights a week. They have remotely molested me with it millions of times, remotely raped me hundreds of times, assaulted me hundreds of thousands of times, verbally harassed-insulted-lied-transgressed-disturbed me through surrounding group stalkers noise campaigns and intercepted electronic stereo/tv speaker and end environmental sound wave alterations over a million times, electrocuted my heart with their sophisticated device over a thousand times, cut circulation off to my brain, lungs, heart, etc. over a thousand times. Their list of daily crimes committed against me goes on-and-on for their sinful enmity against Christians and reckless abuse of nature and independence. Theyve used remote surveillance of me over thirty times to break into our home when I was away a half an hour – a day. This was to install more malicious transmitters and to poison my food with neurologically damaging chemicals to impair me so I would struggle to recall their millions of crimes. Also to study the effects of nerve damage for their barbaric amusement and unethical research profiteering.
    Since June 2014, when I am outside my house, they use the spinal device on me to track my exact location to shoot me with 0.1 – 0.03mm projectiles that contain a virus, parasite or poison. I’ve now been hit by stalker projectles over 250 times. Most often I’m hit from the direction of North Valley Academy or as a stalker drives by in his/her car. The projectiles are fired from a very small remote fire arm and the gang has at least 25 of these devices in Albuquerque. I have seen at least 3 other people indicate strong signs of being a victim of local hospital mobile microchip slip to scan and manipulate their body from a remotely controlled spinal cord manipulating EEG device. From how malcois they are and how many microweapons they harbor, I strongly suspect some corrupt members of the military are involved. In addition, many have no morals, very foul mouthed, venal and bi-sexual. They are as sinful and cruel a person as is imaginable. The secondary members (complicits) are about 1/10th as wicked and about 1/20th as informed of the primary group of stalkers lies, set ups or crimes.
    Next door, other members are involved in remotely deceiving, molesting, and corrupting hundreds of young grade students a day while vainly and atrociously trying to boost their cause

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