Bank of America inside information from Bob Chapman

TiredOldFart Says:

Oct 31, 2009 - They need to keep the fraudulent nature of this stuff private.

marcchabotyt Says:

Oct 31, 2009 - this is called the "bad bank" concept. search for bad bank in my channel and watch the videos

droogie76 Says:

Oct 31, 2009 - I guess to take down the largest bank in the US...

tajlee1 Says:

Oct 31, 2009 - I think it's because the assets are toxic, i.e., worthless. Auction them off for negative 10 cents on the dollar? I would touch those "assets" with a ten foot pole. Those banks are smart not to buy into that $1.50 quadrillion derivatives black hole.

goscott4 Says:

Oct 31, 2009 - Birds of a feather.....hehehehehehhe Max out your BOA card. BOA goes to holiday and take over. Then try to have some portion of the debt on your card canceled, or reduced......

goscott4 Says:

Oct 31, 2009 - Right! So the American public remains completely out of touch with reality. The rest of the world knows what is going on here, it's just a matter of time before all loans to the USA are called....

Tigerpaws9097826 Says:

Oct 31, 2009 - I think you're spot on. The financial system is still loaded with such assets, and someone - banks, taxpayers, or entities outside the U.S. - is sooner or later going to have to swallow the writeoff. I'm not yet convinced though that it'll be BOA; I don't know anything about Bob Chapman, but I don't consider Alex Jones (the interviewer here) to be a reliable reporter; he's too too prone to accept allegations of conspiracy without documenting the underlying facts for me.

AEVautomatic Says:

Nov 1, 2009 - its BAC not BOA.

leepakim Says:

Nov 1, 2009 - banks fail just like car companies, retailers, etc...why??? Because banks are companies...just companies which can also be managed badly just like any other company. so get over it and dont try to panic people.

goscott4 Says:

Nov 1, 2009 - Bank Of America Corp. Still means the whole bank will go down?

MengersDisciple Says:

Nov 5, 2009 - Marc, Could you post this as a response to watch?v=JtnWdgs3i-A ? Thanks!

wepollock Says:

Nov 5, 2009 - I don't know if they are going to take BOA over. But they are going to use banks, pension plans, insurance plans, and any domestic savings as a source of funding. They have no place to put treasuries and they cannot buy more through quantitative easing.

abasej10845678 Says:

Nov 27, 2009 - Yes Nmhumbug . Your right. They should sue Bank of America because it was bank of america that got them into more house that they could afford.

KingDrudge Says:

Dec 20, 2009 - The Chinese think in centuries...they shall drop the hammer when they are good and ready.

freepress666 Says:

Mar 11, 2010 - Look at this, you have very little money in circulation (paper) 330 billion, where you have digital money on the books 57 trillion, so this devalues the paper and spending power, so there is a reserve of unlimited funds available into the future. When debt is written off it is simply discharge, taken off the books. Deposited into the past, never to come back, the future digits used in present pushed to the past. You see its all imaginary currency, all other countries use the same system.

freepress666 Says:

Mar 11, 2010 - The only real value is your labor which is robed from you when you use their system, It is by far the ultimo ponzi scam created so the parasites don't have to labor for their share of existence and use the law as a shield ( they own the law) against those that truly labor for life. Who are the ones who provide the parasites with there highest form of life way and beyond you could imagine.