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Economic warnings from Patrick Byrne
Posted by admin on May 1st, 2010
You are currently browsing comments. If you would like to return to the full story, you can read the full entry here: “Economic warnings from Patrick Byrne”.
Historically, the independent and the voice of dissent have always been discredited by the status quo, truth prevails in the end, and whatever their limitations, choosing truth against all odds is always a good and noble thing,
A friend of mine worked at enron. and told me tons of stuff that hapened there.
Long before that happen. Byrne been warning us.
He was right about everything, Gas price, house Mortgage, Car payment, Employment. everything.
They used to make fun of him, Just because the economy was perfect for the past few years.
the economic cycles of inflation/expansion/recession/ depression are a direct result of deliberate manipulation of the money supply by the federal reserve. their track record is abhorrent, and the contract with the banksters needs to be terminated. the fed increased money supply in 1998, prior to the dotcom bust and 9-11. fractional reserve banking was designed to crash everything; being ignorant of history dooms one to repeat it-bank holiday?
Is your name maybe Garry Weise? Everything this guy predicted in 2007 is happening right now in 2008. You’re clearly linked to the whole abusive naked short selling scandal. Unfortunately, guys like you are now on the losing end of this fight. Sorry for you. lol.
Thekohser, you’re spot on. I can’t believe this isn’t causing an internation investor outcry. It’s causing the millions of ‘little guys’ to lose money. Am I correct in assuming that you searched youtube on this topic after reading The Register articles on the subject?
“It’s in meltdown. It’s in anarchy. It is in total chaos. ” Weatherlawyer, not one for dramatic flare are you? lol
So the Wikipedia is responsible for aiding and abetting the selling of naked short stocks and various junk bonds.
If so there is a case for a class action suit.
Not only is this outrage still endemic but national governments are going to the very crooks who caused the problem, not Mr Byrne for financial advice.
This, despite the fact that financial advisers can’t give advice since they don’t even know how the market is going to behave.
It’s in meltdown. It’s in anarchy. It is in total chaos.
What is really infuriating to me, is that business reporter Gary Weiss ATTACKED this Patrick Byrne on Wikipedia, via the use of at least four different sockpuppets. And when another player (Judd Bagley) blew the whistle on this escapade of Weiss’s? The Wikipedia overlords not only PROTECTED Wiess and his cavalcade of socks, but they also BANNED Bagley from the site.
I know, I know, Wikipedia is worthless for reliable information, but unfortunately, 90% of its visitors still don’t realize it.
In the current age of Kali,kings,presidents, administrators come into power without knowledge & responsibility,such foolish administrators live for their own interest. As a result the whole atmosphere becomes surcharged with anarchy & vicious elements. Nepotism,bribery,cheating,aggression,famine, epidemics,war & other disturbing features become prominent in society. Devotees are offended,all these symptoms indicate a time of an incarnation of the Lord to vanquish the maladministrators.
that reporter is what one on youtube might refer to as an “fucktard”.
For the one reporter to state that the markets are self-evident as to how good they are shows his complete lack of understanding of what drives the markets and how the very thing that was making the markets boom was the same thing that has one inevitable consequence — at tremendous crash.
I have shared your sentiments for the last 6+ years Pat. Glad to see this compilation, more ppl need to understand this did not happen over night and that the Fed is responsible
What are you talking about? Everything he said, years ago, is coming true now. The news caster asked him incredulously, “Bigger than Enron? Enron was a 100 billion dollar company!?” Uh huh… And the billions that the US has already poured into the system easily dwarfs that, let alone the trillion dollar bailout package proposed.
You cannot let the fox take care of the chikens …
impressive to say the least
Fear Pusher! Mr. Bitter pants should spend more time trying to make his company a profit for the first time since its inception. The sky is falling! The sky is falling! He is the SLC’s next Super Dell. lol…
The thing I love the most is all of these reporters looked at him like he was nuts. I bet they are feeling like the idiots that they look like now…
“House of cards?!”
Too bad these ‘experts’ never really pay attention when real experts have something to say…
….so this guy acted on his own comments and no doubt is now the richest man in the US.
Hey, if there’s anything left of our system in January how about making this guy our Sec. Of Treasury?–Fro
I can’t believe how right he was. If only people had listened sooner or actually believed that this could happen. The maker of this video did an amazing job!
We are almost pass no return. There are people here in pace to take over. this what they have doing to us.Please stand up and fight for your live. I am 69 and I have seen this coming for a long time but know one would listen
I totally agree
everyone should see this
Our being who? The FED and our spend thrift congress? The FED is an unelected private institution that has raped the value of our dollar!! Its worthless… $0.04 on the dollar. Our congress spends more money than the FED can print… all with nothing to back the FIAT bullshit paper… except the work of our future kids and grandchildren!
This is OUR fault (And the Banks!). GREED VERSUS NEED, and the banks were there to give the money away… He nailed it.. Cheap Money! Way too many out there HAD to buy an overpriced house, via hysteria, + a second house to “Flip” and make their “Fortune” (“Everyone’s doing it, so it’s got to be right, right?”) + their overpriced lifestyles, purchases, Escalades and 24′s. The writing was on the wall but greed kept everyone too stupid to see it.
just awesome!
Ron Paul, Bob Barr, David Walker, and Patrick Byrne have been screaming at the top of their lungs about our govt’s fiscal irresponsibility and how we are on the way to a recession.
Listen up folks its no joke!!
Nobody wanted to listen and believe.