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Introduction


Over the last year I have discovered a lot of great documentaries on the Internet. The frustrating part was trying to find them again for friends. Thus I started Video Journal(s) where I'm trying to weave the videos/documentaries into comprehensive stories. This Video Journal is about corruption, crony capitalism and corporate/Wall Street GREED. 

I don't think people understand what Wall Street's GREED has gotten us into.  Sure we all know about the 700 billion dollar TARP bail-out, and the 15.2 trillion dollars national debt.  But, I don't think people are aware of all the trillions of dollars the FED (Federal Reserve) has loaned to the Wall Street Banks... which doesn't trickle down to main street, or the 700 trillion dollar derivatives bubble that the banks are sitting on (see the Financial Crisis News Magazine).


Example Videos
Running Dry
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Home
home

Example videos above | Click on the images to see the short videos. Note: To watch the FULL movie "Home" you have to watch it at YouTube [1:33:18].

Almost every image is a video. So click on images and links, jump around in the videos using the progress bar, then close out of the video and move onto another one. I usually start out with short introductory videos and then go to the longer more in-depth documentaries.

  1. To see GREAT documentaries on Wall Street GREED go to: Wall Street | How Wall Street Works menu
  2. My personal favorites are:
    "Inside Job" by Charles Ferguson
    "Plunder" by Danny Schechter
    "Wall Street" by Jesse Ventura.
  3. Then go to the Heroes menu
  4. look at:
    Matt Taibbi's interviews and articles.
    Bill Black's interviews with Paul Jay (TRNN)
  5. Fukushima disaster on the Environment menu
  6. Use of Depleted Uranium in Iraq and Afghanistan on the Military | Depleted Uranium menu




National Debt
US Debt Stacked in $100 bills
United States owes a lot of money, with its debt equal to the size of the economy as of 2012. See the Statue of Liberty & WTC being dwarfed by the debt.

http://demonocracy.info/infographics/usa/us_debt/us_debt.html
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Now... Who Own the Derivative Time Bomb?

Five Banks Account For 96% Of The $250 Trillion In Outstanding US Derivative Exposure; Is Morgan Stanley Sitting On An FX Derivative Time Bomb?
Zero Hedge | Author | 09/24/11

The latest quarterly report from the Office Of the Currency Comptroller is out and as usual it presents in a crisp, clear and very much glaring format the fact that the top 4 banks in the US now account for a massively disproportionate amount of the derivative risk in the financial system. Specifically, of the $250 trillion in gross notional amount of derivative contracts outstanding (consisting of Interest Rate, FX, Equity Contracts, Commodity and CDS) among the Top 25 commercial banks (a number that swells to $333 trillion when looking at the Top 25 Bank Holding Companies), a mere 5 banks (and really 4) account for 95.9% of all derivative exposure (HSBC replaced Wells as the Top 5th bank, which at $3.9 trillion in derivative exposure is a distant place from #4 Goldman with $47.7 trillion). The top 4 banks: JPM with $78.1 trillion in exposure, Citi with $56 trillion, Bank of America with $53 trillion and Goldman with $48 trillion, account for 94.4% of total exposure. As historically has been the case, the bulk of consolidated exposure is in Interest Rate swaps ($204.6 trillion), followed by FX ($26.5TR), CDS ($15.2 trillion), and Equity and Commodity with $1.6 and $1.4 trillion, respectively. Read more

worlds-debt

02.10.2011. 07:16

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I am one of those "once" middle class, over 60, over educated, under-employed, semi retired, soon to be poor workers, that everyone is talking about. 
But I have a modest standard of living so I plan to give all extra donation, beyond my immediate needs, to several of my favorite charities.

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