@LewisSharpe-fc6iw
They have to make us hurt bad enough that we scream and beg for digital currency so our every move can be tracked forever and ever
@DavidLucas-zq8gb
You know why we went off the gold standard? Because it is a HONEST money system and politicians and bankers aren't honest.
@andrewreisinger6860
My wife is a mortgage loan officer. People CANNOT AFFORD MORTGAGES. Prices at all time highs. The government is hiding over 7 million homes, keeping them from going into foreclosure. Some people that bought homes in '21-'24 have not made a single payment because the govt makes it for them, then tacks it at the end of the mortgage. It doesn’t get reported as delinquent. This program will end in October.
@LionPaw.Rastafan
Gaddaffi showed the USA how to run an economy properly and they assasinated him for it.
@yeost187
The reason ATMs are going to be emptied at some point (not just Bank of America ATMs): Is because they (Banks), are trying to get rid of paper, and force digital currency.
@donaldcarbonneau8852
When my son was a young married man, he worked for an airline and he and his wife could fly for free. They would fly all over the country for the first couple of years then they started to get into money problems and he would call me and ask for help. I would send them money without hesitation. After doing this for some time he called again, I told him that this would be the last time I bailed him out because him and his wife made enough money to take care of their obligations and they had to stop acting like children spending more then they were making. A few months later he called me for more and I said no. A few years later he told me that they really struggled for a few months and that it was the best thing that I could have done for them. We Americans need to find a way to starve this beast before we all go broke feeding it.
@BadAssElf810
The banks that were "too big to fail" in 2008 are bigger now. Our government has failed.
@halon7476
Zelensky is a big ATM, just ask him for money 😂
@SoCalFreelance
Fun Fact: FDIC only has a limited amount of funds to cover losses. Chosen ones will be covered, then everyone else will have to fend for themselves.
@sweetgav9163
Who owns the Banks….? Who runs the banks…? Yeah. We all know.
@willyD200
Bank of American once used the excuse of, The Patriot Act for not cashing or allowing me to deposit a third party check. Even though I had enough in my account to cover the transaction. The check in question was from a customer and was from well known Wall street bank. I closed my account shortly after and said good bye !
@archaicsage4803
Gambling with other people's money should be absolutely illegal.
@mikhailkalashnikov4599
FDIC is insolvent in the event of a systemic crisis. They'd have to print the money to cover the losses, so the "money" you finally receive will be substantially devalued compared to what you lost.
@Daniel90210
I noticed she "believes" in a strong military while wearing the Israeli star. In my opinion she wants Israel to keep being $$protected$$ with the US currency.
@shakdidagalimal
The Constitution has a system for money, it is Congress that is to issue ALL MONEY, not a "federal reserve", private, "non political" not "influenced" entity. Under the US Constitution system the US taxpayers DO NOT PAY INTEREST ON MONEY ISSUED. NOBODY gets to "buy up debt" from the US Government and "receive interest payment extras". Obviously we blew that system out in 1913 on Jekyl Island.
@nealebradford600
She's leaving out the main problem. Central banks. Therefore she's bamboozling all of us.
@johnpatrick9293
Jimmy, two quick points Carol didn't mention but very relevant to this discussion: 1) The reason US treasuries go down in value when interest rates rise (contrary to what you might think; i.e. higher interest is better), is because when I want to invest in a US treasury that is now paying 5%, I can buy a freshly issued one from US government paying 5% or I can buy yours from you which is only paying say 1%. In order to incentivize me to buy your lower yielding bond, you have to sell it to me at a discount which is the 40% losses that BOA is holding. So yes higher interest rates are better for a new investor but not good for an existing investor holding the older, lower yielding bond (you were right but didn't know the whole story). 2) The owners of BOA are the same as the Federal Reserve. As a result, they will never let BOA go down unless they want the whole system to go down. If BOA needs liquidity and needs to sell its US treasuries ahead of maturity, the Federal Reserve will offer the Bank Term Funding Program (BTFP) last used in 2023 and 2024 which allows Fed member banks to borrow new money against their portfolio of older, lower yielding bonds at full value (i.e. gives them enough money to satisfy their liquidity needs without selling the US treasuries at a loss). So no, BOA will never go down and these paper losses are not an issue unless the entire world banking system collapses but it does get a lot of clicks and views to talk about a potential BOA collapse. I love your show and your work. I watch you all the time. I love the Jimmy Dore show. John
@erikschwartz1214
I closed my BoA account and joined a credit union when I noticed them taking "maintenance fees" out of my savings every month
@blindreaper1963
The question everyone should be demanding an answer for is how is a country that spends almost 900 billion dollars on defense falling behind a country that spends roughly 250 billion.
@thejimmydoreshow