Aug
31
31
Understanding the Financial Crisis and What It Means to You
By credit debt finance | Debt ConsolidationFrom Wall Street to Main Street, Americans are reeling from the current financial crisis. Hear a panel of Stanford experts discuss perspectives on the crisis and what is to come. Recorded October 10, 2008. Panelists: John Shoven (Director, Stanford Institute for Economic Policy Research), Anne Casscells (CIO, Aetos Capital), Darrell Duffie (Professor of Finance, Stanford Graduate School of Business) , Dennis Lockhart (President and CEO, Federal Reserve Bank of Atlanta), John Taylor …
Discussion
August 31st, 2009 at 12:34 PM
Hey boundtogetdown you took the words
right out of my mouth!!!!! I should have
highlighted the or not. And yes the hard life is on the way.
August 31st, 2009 at 12:34 PM
are you kidding me we get most of our oil from saudi arabia
whens the last time you picked up a fun little toy or tried on a shirt that said “MADE IN USA” never!!!
WE ALREADY HAVE A ONE WORLD ECONOMY AND AMERICANS TAKE IT FOR GRANTED GET READY FOR THE HARD LIFE!!!
August 31st, 2009 at 12:34 PM
One world econemy is on the way
whether you like it or not. Look at
the bigger picture it might be a better
place, or not!!!
August 31st, 2009 at 12:34 PM
What put America into crisis is america
always has a crisis. America spends
all their wealth on weapons and the
military. You may be broke and starving
but at least you are safe!
August 31st, 2009 at 12:34 PM
Man, people talk to much and say nothing. Here is an idea, pay your bills and buy domestic. We let this happen, make no misstake about it. And now we have a man in office that throughing this country deeper into debt by wicked amount of dollars. You can’t get out of a hole by digging out the bottom. So what are we going to do to fix this? We’ve been listing to these so called standford think tanks and thing just keep getting worse. Did anybody really listen to two hours of this video???
August 31st, 2009 at 12:34 PM
the problem is a weak currency because it is a fiat currency. We are going further into debt with out paying off our debts. China is getting rid of the US dollars they hold and replacing them with Euros. Opec now sells oil in Euros.
August 31st, 2009 at 12:34 PM
really,what means economic crisis?
August 31st, 2009 at 12:34 PM
The truth is no one knows what is happening. MBAs know even less but really know how to talk intelligently but produce a big pile of shit.
August 31st, 2009 at 12:34 PM
Something else to keep in mind…it was these god damn MBA’s that put us into this mess.
August 31st, 2009 at 12:34 PM
How can people that have only high school diplomas be so much smarter than some college professors.
I think we have it all wrong. Street Smarts are a lot more practical than College Smarts with the exception of brain surgery which would require at least a correspondence course, and maybe a certificate of credibility from a Mexican University.
Have you ever noticed how all these so called EXPERTS come out of the woodwork after the crap hits the fan…lol.
Where were you before?
August 31st, 2009 at 12:34 PM
Whoever thought that the United States government would be involved in a Ponzi scheme…LOL.
Back in 1999 the Republican Congress and the Senate were bought off by the bank lobbyist and credit card companies by repealing the Glass-Steagall act of 1933 which was there to control the banking and financial services industry.
Bill Clinton was just as guilty for signing the bill
Reagan also took away your right to deduct your interest rates.
This isn’t rocket science.
August 31st, 2009 at 12:34 PM
A tent city on the banks of the American River in Sacramento, California, circa 1936.
featured-stories - Obamavilles In America
To get a recovery, wipe out the $1.5 quadrillion of financial derivatives like those of AIG, which have already cost US taxpayers $190 billion on the way to at least $400 billion. Outlaw the hedge fund hyenas that bid up the price of gas in 2008. Re-regulate financial and commodity markets, and bring back the uptick rule and the ban on naked shorts at the SEC.
August 31st, 2009 at 12:34 PM
A tent city on the banks of the American River in Sacramento, California, circa 1936.
featured-stories - Obamavilles In America
To get a recovery, wipe out the $1.5 quadrillion of financial derivatives like those of AIG, which have already cost US taxpayers $190 billion on the way to at least $400 billion. Outlaw the hedge fund hyenas that bid up the price of gas in 2008. Re-regulate financial and commodity markets, and bring back the uptick rule and the ban on naked shorts at the SEC.
August 31st, 2009 at 12:34 PM
Want to stop foreclosures? pass a law making foreclosure on any primary residence, family farm, or business a federal crime for the duration of the depression, Put a family out on the street, shut down a farm,close a factory, and the banker goes to Leavenworth.Start with the great foreclosers — Dimon of JP Morgan, Pandit the Bandit of Citibank, Lewis of Bank of America, Blankfein of Goldman Sachs, and the other zombie bankers.Dont let them destroy Detroit, Stockton, or any other American city
August 31st, 2009 at 12:34 PM
Want to improve your own economic situation.
A way out of this for you?
Stop by my page , watch the videos, see how you do not have to be part of this .
August 31st, 2009 at 12:34 PM
The panel was excellent, especially considering the short notice. The audience members also asked thoughtful questions.
I worry about Mr. private equity’s prescription for massive government intervention. Such interventions never fully go away when the storm passes. Given that the anti-free-market party is now in control of DC, we can expect to lose even more economic freedom than during the reign of the other anti-free-market party, from 2001-2006.
August 31st, 2009 at 12:34 PM
One thing that is missing on this video is the lack of control on Corp worldwide;today SEC has held charges against STANFORD BANK; so again another ponzi scheme; fictitious earnings, financial misrepresentation:
THE PROBLEM: greedy beyond comprehension created a false economy hence destructing real values. In addition to the boost of a disproportionated consumption based on a false unlimited markets demand: behind its “Sinergy and Globalization play words” THAT IS WHAT ´S GOING ON OVER HERE.
August 31st, 2009 at 12:34 PM
Self-loving “experts.”
Not teaching anything but the same regurgitated garbage.
To know the true economic well-being,
study history.
Start with the founding father’s letters during the making of the constitution. They understood the crippling power of nationalized banks. Why was there a mass-exodus from Europe? What was the main form of opression?
Unable to own your own land.
Heavy taxasion.
Familiar?
Property tax?
Estate tax?
-This takes away our right to keep our property.
August 31st, 2009 at 12:34 PM
we have sort of a system like that here to and still we all want to work for its not all for the money you know. Its also for meeting people and being a part of the environment.
Its not like communism wich was forced onto people and no change of getting more out of live.
August 31st, 2009 at 12:34 PM
I am currently hiring hard workers
That will receive a well paying job
No application nessesary ( education etc)
Then check out my channel and click on that link.
Together we can over come this economical crisis.
August 31st, 2009 at 12:34 PM
oh yeah, it’s the unemployment benifits that makes all low-end jobs be emigrated to high-density developing countries so there no low-end jobs left in the ‘western world’ of course :/
it’s because of a welfare state - which is minimal compared to any other industrialised country, none of which spawned this crisis - that made all corperations overspend, the feds overprint and the state over-borrow
all of america’s wealth is owned by China, and few other countries, by debt
something gives
August 31st, 2009 at 12:34 PM
Social welfare stems from government wanting more tax payer dollars. To “spread the wealth”, they increase the size of government departments or create new ones to manage the spreading of wealth. It is one of the reasons why Washington DC has prospered. The average federal government employee gets paid $60,000per year. They even have unions in the government that ensure the departments won’t reduce its size.
I oppose Corporate Welfare as much as I oppose Social Welfare.
August 31st, 2009 at 12:34 PM
Welfare is welfare.
Welfare - using tax dollars to create a system of dependence upon the government.
The US is dying because of this welfare system, people have no reason to work when they can sit around collecting unemployment benefits that equal working at the minimum wage.
So good job lygophile, you are retarded.
August 31st, 2009 at 12:34 PM
Dye tyme, social welfare stems from
advances in medicine, ethics, scientific innovation
Wall street is nothing but a balance sheet,
Corporate Welfare is the manipulation of that sheet
August 31st, 2009 at 12:34 PM
DyeTyme is the same as retardedness
Say NO to retardedness if you say NO to DyeTyme.