OVERDOSE : The Next Financial Crisis (Documentary)

i would like to propose a fix to the problem
its called enforce the law
so many people and companys are guilty of fraud that its impossable to prosicute them all instead a couple of courts have turned the table on foreclosure and are now following the letter of the law and owners of holmes are being awarded their houses free from morgage

www.abovetopsecret.com...

this means all morgage payments effected are wiped
all this money to spend or save or invest
new car anyone ?

solutions are an important step in this discusion

the people who are at fault wont be proicuted so they will be punished in the only place they realy care
their profit

xploder
ps thanks for the video education will save us all

Originally posted by ldyserenity
I am trying to watch it now but it keeps buffering, anyway I knew this probably waaaaay before they did and I will tell you why because I can see the whole picture starting in the early 90's when I started having kids and diapers and formula were outrageous, probably has a lot to do with why so many are going APE$*** and killing their babies, the stresses of the costs, I knew that that coupled with housing prices which really nobody inr eality can afford, honestly nobody that isn't in the top 5 % can trust me, it's true, most people cannot afford any of these prices, which chips away at demand, and we all know what happens when demand goes down. I said this in 1993... but then again I was a whack job and nowhere near as smart as the analysts whom, did know it was coming they admit it now, but they were springing sunshine and roses to everyone in teh real world, in other words they blew smoke up our A$$3$ but I knew!

You honestly think high prices are causing people to kill their own children? If that was the case there would be no children. I think it's more like mental disorders and a fataly sick society.

Originally posted by 2theC

its well worth a watch.

I was very surprised to see this last week on free to air television here in Australia !!!

our national broadcaster played it on their "Four Corners' report.

Yep I watched it to, and not a word about it the next day anywhere on MSM.

Usually if 4 Corners puts up something really good, the rest of the media usually mention it in passing, but not one word about it anywhere.

MSM again hiding the truth.

Sorry but this was very poorly done...definitely an "anti-Bush" piece and very light on BHO's extremeness.

Also, the whole thing made Bush out to be the proponent of "cheap housing for all" but that U.S. domestic program highly touted by the Dems and it’s been in-place for years, and years, and years (still, Bush was complicit)

Also, it made no mention of the packaging of mortgages into bundles and selling them around the world as “safe assets.” Much of the packaging was based on the work of a Chinese economist who developed a formula to assess risk and the bozos on Wall St. misused the formula all over the place and the resulting packages were sold world-wide as if they were “risk-free.”

Nope…there were some good things like Peter Schiff – but overall, this was a puff-piece that was large on pushing the blame on Bush and soft on any one else’s culpability.


[edit on 29-8-2010 by bowlbyville]

This was an awesome video. explains things in such a simple way that everyone can easily understand! forward it to everyone u know. Great info and thanks for the post.

Originally posted by Soldier of God

Originally posted by ldyserenity
I am trying to watch it now but it keeps buffering, anyway I knew this probably waaaaay before they did and I will tell you why because I can see the whole picture starting in the early 90's when I started having kids and diapers and formula were outrageous, probably has a lot to do with why so many are going APE$*** and killing their babies, the stresses of the costs, I knew that that coupled with housing prices which really nobody inr eality can afford, honestly nobody that isn't in the top 5 % can trust me, it's true, most people cannot afford any of these prices, which chips away at demand, and we all know what happens when demand goes down. I said this in 1993... but then again I was a whack job and nowhere near as smart as the analysts whom, did know it was coming they admit it now, but they were springing sunshine and roses to everyone in teh real world, in other words they blew smoke up our A$$3$ but I knew!

You honestly think high prices are causing people to kill their own children? If that was the case there would be no children. I think it's more like mental disorders and a fataly sick society.

Yes and that coupled with the prices enough to drive anyone over the edge of sanity...I am not saying they don't already have a problem or several other problems... I am just saying it doesn't help the situation. Think about it, I mean they aren't thinking rationally to begin with! Hello!

Originally posted by HunkaHunka
reply to post by airspoon

 

The only person responsible for me is me. Their are no elites... Just those who take responsibility for their own lives...

While you may be the only person responsible for yourself, you are also responsible for others, whether you like it or not. Furthermore, there are elites, as they do exist. This is why you are taxed to pay bonuses for others who screw up. This is also why you pay high tax dollars, just so that certain companies can over-charge the government for weapons and equipment that we don't really need or that doesn't work as stated. Ultimately, this money goes into someone else's pockets and you don't have a say in it, not one word.

Make no mistake about it, there are elites are they benefit at the expense of the public at large. Unless it is you gambling with other people's money. benefitting from others' lives or influencing government to benefit you, as opposed to the country, then you are responsible for their profits and power. These profits and power come at your expense, whether the price you have to pay is labor, or a devaluated dollar, otherwise known as inflation.

--airspoon

Originally posted by downunderET

Originally posted by 2theC

its well worth a watch.

I was very surprised to see this last week on free to air television here in Australia !!!

our national broadcaster played it on their "Four Corners' report.

Yep I watched it to, and not a word about it the next day anywhere on MSM.

Usually if 4 Corners puts up something really good, the rest of the media usually mention it in passing, but not one word about it anywhere.

MSM again hiding the truth.

yeh that's interesting.

i was quite excited it was even on tv, but didn't question if the rest of the media would follow it up, and you are right , they didn't!

too darn scary !

"The bravest are surely those who have the clearest vision of what is before them, glory and danger alike, and yet not with standing, go out to meet it"
Thucydides, 471 BC

Great information, and yet I wonder ,what will it take, how long for people to really understand, what is taking place, what is happening and the end result on account of these events!
One thing proven true at some point, desperate people, do desperate acts!
They Elite know whats coming and have prepared in every way with all their latest and futurist toys, HAARP , etc.....
Is it all coinsidence, or chance, not likely!
Information is power, obtain all you can now, well its still possible.....

The theory that it was all the result of greed, corruption and incompetence looks like a very limited hangout to me. If Bernanke was so incompetent and ill-informed that he really believed his wildly inaccurate statements, he should have been fired. If, on the other hand, as seems much more likely, he was lying - he should have been fired. Instead, his tenure was renewed.

The title of Academy Award nominated Charles Ferguson's documentary, Inside Job, suggests a more credible controlled demolition hypothesis.

Trailer:

I only watched part of the first and if this has been mentioned in the thread I apologize I don't have time right now to read or watch everything.

Did you see the 2:58 mark when that object/copter? is to the left of the building then continue to watch to the right side at approximately 3:06-7 the 2 objects/copters?

Again sorry if mentioned just wanted to get opinions, check it carefully

The video posted in this thread really should be seen by more people.

Excellent summary of how we got here and the train-wreck that will surely come! Yes, it ain't over by a loooooong shot.

Here is the full version in a single shot:

reply to post by loam


Good find. This makes it an easier watch for sure.

That somehow does not sound appropriate.

Great documentary, Overdose is the best film I've seen for explaining what led to the crisis. It's much better than Inside Job.