Central bank bailout follows 10 years of regulatory failure

	Duration: 07:04 minutes Upload Time: 07-08-12 00:14:56 User: itulipdotcom :::: Favorites
Description: iTulip.com follows the trail of the credit market meltdown back to the recent Fed bailout starting from Jim Cramer's pitching of home builder stocks during housing bubble. Banking regulators had to know this was coming, but did nothing. Now we're paying the price.
Comments
itulipdotcom ::: Favorites Good, isn't it? We don't know who it is. It's part of the royalty free content that comes with our editing system. 07-08-12 18:01:23 _____________________________________________________
fverona ::: Favorites very good video - you should use more exciting titles so that more people click to watch: "Cramer is two-faced and cares about the bankers" "housing loan disaster is worse than the S&L's" "Bush admin bails out the rich, while Cramer pulls the wool over our eyes" etc. 07-08-12 21:45:32 _____________________________________________________
alainsane ::: Favorites The only reason I'd ever believe in hell and god and such is to wish Jim Cramer there after an untimely death. 07-08-14 11:01:24 _____________________________________________________
zzcoolfun ::: Favorites Hey iTulip, can you let me know where you got that eerie sound at the end of the video, that was very effective in bringing out the dire emergency this is going to be!!! 07-08-15 00:22:53 _____________________________________________________
pier23ca ::: Favorites Video maker gets it wrong in the end. "Market Failure" did not happen -- Political Failure happened. The fault begins and ends with the Federal Reserve and the fiat funny money system the FRS runs on behalf of US Elites of Officialdom. 07-08-15 13:47:22 _____________________________________________________
gizmodux ::: Favorites Why does it matter if you pay off your debt or not? Isn't the debt in dollars anyway, and you'll be paying in dollars? Or do you mean that your monthly finance charge will skyrocket? 07-08-15 21:06:10 _____________________________________________________
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kingsaliva ::: Favorites This crunch will not happen fast. It will happen very slowly. Doomsayers like to say we will be in a depression by the end of the year, etc, etc. First, credit dries up. Second, creditors in search of liquidity, raise rates on consumers. Third, getting new credit will become very difficult. A major recession will last years. Pay off your debt now, while its cheap. Then use your cash to invest in hard assets that wont devalue. 07-08-18 15:51:14 _____________________________________________________
prrolg ::: Favorites I got a 1st mortgage in 1982 at 13.5%. On Fri 8/17 I secured a mortgage at 6.5% fixed rate. That won't change. I think you mean to pay off consumer debt,credit cards etc where rates can rise with the Fed rate as a basis. 07-08-19 11:40:57 _____________________________________________________
kingsaliva ::: Favorites It wont change as long as you pay each month. And consumer debt is exactly what I meant. I have seen terms on credit cards that are like (prime + 13%).. If our currency keeps declining, and the fed has to hike to keep foreigners interested in our currency.. you see the problem. 07-08-19 15:46:26 _____________________________________________________
prrolg ::: Favorites Thanks for reply. If that happens I hope I have some money to put into higher interest fixed investments.I remember 15% CD's in the late 70's in most banks. 07-08-19 17:41:02 _____________________________________________________