Jim Corr: Top-down engineered financial crash designed to take over Europe

[LongTomH]

Run time: 07:14 https://www.youtube.com/watch?v=85RZ_h6Gys0   Posted on YouTube: December 18, 2010 By YouTube Member: RussiaToday Views on YouTube: 307   Posted on DU: December 18, 2010 By DU Member: LongTomH Views on DU: 816

 
Jim Corr, political activist and musician, interviewed on Russia Today. Corr is outraged that Europe's collapse was engineered by the top 1% and the price is being paid by the working and middle classes. The same thing is happening to the US, only Europe is further along the curve.

[bighughdiehl]

1. It's just like....

in "They Live"

"there are no countries anymore, the whole planet is their third world"
I don't know about Europe being farther along the curve, Reagan started us down this path.
it's just that Europe had brought down this latest bang of the hammer a year or two before us.

[molly77]

2. Greece is selling off govt. property

To think the banks could engineer this with the end of Glass-Stegall . Thank you Bill Clinton. Not only did overturning this bill allow investment in real estate and wall street...the banks started legalized gambling on those bad investments.

How long before our country is sold off to the highest bidder? Maybe it is Karma since WE stole it from the Native Americans.

[Dokkie]

4. This is why I cannot

stand the sight of Bill Clinton anymore especially since I considered him to be the best president since JFK. My problem is not that he allowed the big banks to gamble, my problem is that he put in guarantees for when they lose their gambling money (FDIC etc), cos if it was left to be, they can gamble all they want (to be competitive with foreign bankers)just as long as they are allowed to collapse by themselves. These bankers look down on us to taking foot stamps, welfare and housing subsidies but it turns out they receive much bigger govt hand outs.

Clinton Betrayed us, too bad it took us 10yrs to see the damages done by his economic policies.

[Skink]

3. Inflation is not the problem.

we need regulation so houses aren't over valued. Electricity bills aren't 10 percent of our income.