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Over the past several years 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 18 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-to-1.2 quadrillion dollar derivatives bubble that the World's banks are sitting on (see the Financial Crisis News Magazine).


Thursday January 19, 2017
News Articles

Notorious Mercenary Erik Prince Is Advising Trump From The Shadows
TheIntercept | Jeremy Scahill | 01/17/17

ERIK PRINCE, AMERICA'S most notorious mercenary, is lurking in the shadows of the incoming Trump administration. A former senior U.S. official who has advised the Trump transition told The Intercept that Prince has been advising the team on matters related to intelligence and defense, including weighing in on candidates for the Defense and State departments. The official asked not to be identified because of a transition policy prohibiting discussion of confidential deliberations. ... Read more

For CEOs, globalization's thrill fades
USAToday| Kim Hjelmgaard | 01/17/17

Globalization took another knock Monday with the publication of a report that showed corporate titans around the world have become more skeptical about the benefits of integrating people, companies and governments.

... Forty-four percent of business leaders firmly believe globalization has done virtually nothing, for example, to help close the gap between the rich and poor. ...

... The report, based on interviews with nearly 1,400 CEOs from 79 countries, revealed that just 13% of corporate leaders feel globalization has "to a large extent" helped solve the problem of income inequality. ... Read more

REPORT: Rick Perry Thought His New Job Involved Promoting Oil & Gas. He's Actually Going To Control U.S. Nuke Supply.

'Learning Curve' as Rick Perry Pursues a Job He Initially Misunderstood
NYTimes | Coral Davenport | 01/18/17

When President-elect Donald J. Trump offered Rick Perry the job of energy secretary five weeks ago, Mr. Perry gladly accepted, believing he was taking on a role as a global ambassador for the American oil and gas industry that he had long championed in his home state.

In the days after, Mr. Perry, the former Texas governor, discovered that he would be no such thing -- that in fact, if confirmed by the Senate, he would become the steward of a vast national security complex he knew almost nothing about, caring for the most fearsome weapons on the planet, the United States' nuclear arsenal. ... Read more

US Government Caught Massively Fabricating Student Loan Default Data
ZeroHedge & WSJ | author | 01/19/17

Ever since 2012 we have warned that one of the biggest threats arising from the US student loan bubble - which is no longer disputed by anyone except perhaps members of the outgoing administration - is not that it is soaring at an unprecedented pace, that's obvious for anyone with the latest loan total number over $1.4 trillion, rising at a pace of nearly $100 billion per year, but that the government - either on purpose or due to honest miscalculation - was not correctly accounting for the true extent of delinquencies and defaults. Today, we finally got confirmation that, as speculated, the US government was indeed fabricating student loan default data, making it appear far lower than it was in reality.

... According to an analysis of the revised data, at more than 1,000 colleges and trade schools, or about a quarter of the total, at least half the students had defaulted or failed to pay down at least $1 on their debt within seven years. This is a stunning number and suggests that the student loan crisis is far greater than anyone had anticipated previously. ... Read more or at WSJ

Davos Elites Call For a Ban on Physical Cash... in the US.
ZeroHedge | author | 01/19/17

... Again... the War on Cash is not slowing down. India effectively removed 86% of the physical cash in circulation and no one was forced to resign.

Put simply, India signaled to the global elites that you can implement a near complete ban on physical cash, and there are no real consequences as far as political aspirations.

We believe that the Elites will be pushing for this policy to hit the US. If you think this is impossible consider that Stiglitz openly called for the US to ban cash in the article above. ... Read more

Overheard At Davos: "So Many People Feel That This Is One Of The Most Dangerous Times"
ZeroHedge | author | 01/19/17

One of the speakers at Devos: "There's never been a better time to be alive, and yet we feel so glum," Mr. Goldin said. "So many people feel anxious. So many people feel that this is one of the most dangerous times."

He denounced the frightened retreat from globalization manifest in Mr. Trump's threats of a trade war with China, and in Britain's abandonment of Europe, commonly known as Brexit.>/p>

"You can't stop managing an entangled environment by disconnecting," he said. "This is the fundamental mistake of Brexit, of Trump, and of so many others. We are not simply connected. We are entangled. Our lives, our destinies are intertwined. What happens in China, what happens in Indonesia, what happens in India, what happens across Europe, and what happens in North America, across Africa and Latin America will affect all of us in dramatic new ways. The idea that somehow we can forge our future in an insular way, even for the biggest countries like the U.S., is a fantasy." ... Read more

The Race To The Bottom: Why A Worldwide Worker Surplus And Uncontrolled Free Trade Are Sinking American Living Standards by Alan Tonelson

A leading economic journalist explains why Washington's responses to globalization have created a global worker surplus that undermines both American workers and those in developing nations






Democracy Now! U.S. and World News Headlines for Thursday, January 19 [13:17]
DN | Jeremy Scahill: Blackwater Founder Erik Prince, the Brother of Betsy DeVos, Is Secretly Advising Trump (01/19/17) [3:26]
DN | Dr. Sidney Wolfe on HHS Nominee Tom Price's "Cruel" Plans to Repeal the Affordable Care Act (01/19/17) [7:59]
DN | Climate Denier Scott Pruitt Faces Protests at Senate Hearing as 2016 Is Declared Hottest Year Ever (01/19/17) [6:56]
DN | Trump Picks Agribusiness & Chemical Industry Darling Sonny Perdue as Secretary of Agriculture (01/19/17) [3:38]
The Daily Show with Trevor Noah
Trevor Noah | Eviscerates Betsy DeVos Over Her Confirmation Hearing (01/18/17) [8:13]
"She's going to get confirmed even though she failed everything. Every subject she got at the hearing. Failed. Failed. Failed. Failed ? except Donations 101," he said on Wednesday's "The Daily Show."
Full Frontal with Samantha Bee
Samantha Bee | The Great Feminists in Feminism Herstory Hall of Lady Fame (01/18/17) [7:20]
Samantha Bee | Swamp Dwellers (01/18/17) [6:42]
TRNN | Adam Gaffney discusses: Bernie Sanders Hammers Tom Price Over Right to Healthcare in Senate Hearing (01/18/17) [15:44]
TRNN | Bill Black says: Wilbur Ross's Economic Expertise: Exploiting Tax Law (01/18/17) [14:30]
TRNN | Erika Wozniak says: Education Secretary Betsy DeVos is a 'Horrifying Prospect' for Public Schools (01/18/17) [8:41]
TYT | Tim Kaine Exposes Betsy DeVos's Charter School Scam (01/18/17) [8:22]
RT | Keiser Report: Max and Stacy discuss the soaring small business optimism which looks all euphoria, no action. In the second half Max interviews Reggie Middleton of BoomBustBlog.com about the T'rash to follow Trumphoria. They also discuss Trump's tweeting industrial policy. (E1021) (01/19/17) [25:46]
Thom Hartmann - www.thomhartmann.com/
ThomHartmann | Is Neoliberalism Incompatible With Democracy? (01/18/17) [27:35]
NPR (National Public Radio) - www.npr.org/
PBS (Public Broadcasting Service) - pbs.org/
MSNBC - Maddow/Hayes - www.msnbc.com/

Wednesday January 18, 2017
News Articles
Some of Today's Headlines
Trump Education Pick, Betsy DeVos, Grilled In Brutal Confirmation Hearing... Waffles On Privatization... And On Guns In Schools... Cites Protection From 'Potential Grizzlies'... Admits 'Access Hollywood' Tape Described Sexual Assault... Bernie Asks: Would You Be Here 'If You Were Not A Multibillionaire'?... Warren: 'I Don't See How You Can Be Secretary Of Education'...

Brave New Films Video: Protect Public Education by Stopping Betsy DeVos From Becoming Next U.S. Secretary of Education
AlterNet | Robert Greenwald / Brave New Films | 01/17/17

Trump's nomination of Betsy DeVos for education secretary is a threat to public education. DeVos has spent millions funding the privatization of education in Michigan. The result? A failing school system where almost 80 percent of schools are run by private, for-profit companies.

The charter schools in Michigan, influenced by DeVos's agenda, perform lower than national averages, have been criticized for misuse of taxpayer funding, and frequently shut down doors without warning or community input. Adding to the alarm is the fact that DeVos has never held a professional position in education in her life, but plans to lead the Department of Education, where she would be in charge of overseeing and providing equal access to quality education for all Americans. ... Read more
Brave New Films | Protect Public Education - Stop Betsy DeVos! (01/14/17) [8:15]

Aljazeera | Obama commutes Chelsea Manning's prison sentence (01/17/17) [2:54]
Betting Website Gives Trump 4-1 Odds of Being Impeached Within Six Months.
Meet Donald Trump's emissary to the superrich: Anthony Scaramucci tells the Davos elite his boss is on their side
Loose-talking zillionaire known as "the Mooch" has a message for Davos: Only Trump can save global capitalism.

Meet Donald Trump's emissary to the superrich: Anthony Scaramucci tells the Davos elite his boss is on their side
Salon | Heather Digby Parton | 01/18/17

A long time ago in an alternate universe far, far away, I wrote a Salon column about how the Republican Party was in trouble because rich gadflies had decided to get personally involved in electoral strategy and that could only spell their doom. These were foolish wealthy donors for the most part, people who believed the size of their bank accounts meant they were renaissance geniuses who can do anything.

... His name is Anthony "the Mooch" Scaramucci, and he could be a character out of an Elmore Leonard novel. In fact, in my 2014 article I wrote, "the man's hijinks make Donald Trump look like a prince by comparison." (I didn't know the extent of Trump's high jinks at the time.) Scaramucci has a big mouth and a big wallet and he has been ostentatiously rubbing elbows with the political elite for quite some time. ... Read more

*FOUR HORSEMEN is an independent feature documentary which lifts the lid on how the world really works. [1:38:54]
Four Horsemen is a 2012 British documentary directed by Ross Ashcroft. The documentary points out the faults and consequences of our fractional reserve banking system, debt-based economy and political lobbying by banks, which shows this system to be a serious threat to Western civilization. It also points out concerns about the War on Terror, which claims is not fought to spread democracy, but to create larger debts to the banks.

Among those interviewed are Joseph Stiglitz, former chief economist at the World Bank, Noam Chomsky, linguistics professor, John Perkins, author and former economic hitman, Herman Daly, economy professor and Max Keiser, TV host and former trader
Democracy Now! U.S. and World News Headlines for Wednesday, January 18 [13:38]
DN | Jeremy Scahill on Obama's Commutation of Chelsea Manning & Continued Demonization of Edward Snowden (01/18/17) [10:11]
DN | Jeremy Scahill: Did Education Nominee Betsy DeVos Lie to Senate About Ties to Anti-LGBT Foundation? (01/18/17) [12:54]
The Daily Show with Trevor Noah
Trevor Noah | Barack Obama Spending Last Days Baby-Proofing America (01/18/17) [5:25]
TRNN | Nationwide Protests to Oppose Trump and Disrupt his Inauguration (01/17/17) [4:22]
TRNN | President Obama Commutes Sentences of Chelsea Manning and Oscar Lopez River (01/17/17) [17:52]
TYT | Proof Millennials Have It Worse Than Their Parents (01/17/17) [7:52]
TYT | Trump To End Net Neutrality? (01/17/17) [6:26]
TYT | Trump Still Making Personal Business Deals Despite Conflict Of Interest (01/17/17) [12:02]
TYT | Why Trump Wants To Lift Sanctions On Russia (01/17/17) [5:14]
TYT | Scalpers Losing Money On Trump Inauguration (01/17/17) [5:31]
RT | CrossTalk: Trump appears to be determined to recast key pillars of American foreign policy. It won't be easy and certainly not without a fight. (01/18/17) [24:30]
RT | Keiser Report: Health Care Plan for Trump Voters (E1020) (01/17/17) [25:44]
Max and Stacy discuss the health care plan that Trump voters really want... and it's not the one the Republicans in Congress plan on delivering. In the second half, Max interviews Obi Egbuna, the first US Correspondent to the Herald - Zimbabwe's National Newspaper - and Co- Executive Producer of the BattleCry For Cuba and Zimbabwe. They discuss the embargo on Cuba and the sanctions on Zimbabwe and why he's calling for a complete end to them.
Thom Hartmann - www.thomhartmann.com/
NPR (National Public Radio) - www.npr.org/
PBS (Public Broadcasting Service) - pbs.org/
MSNBC - Maddow/Hayes - www.msnbc.com/
Real Stories | Pakistan's Hidden Shame (01/10/17) [46:55]
Other Videos and Documentaries I Ran Across
HC | How Nuclear Weapon can Destroy the world in a moment () [44:31]
MF | Nuclear War : What It Would Look Like () [36:16]
The Road to World War 3 () [1:04:26]
Note: The Middle East is such a complex issue, I don't pretent to know what all the factors are behind the termoil. I only try to look-at [present] videos [documentaries] that show a logical progression [timeline] of what has happened in the area since 2003.
We Have Been FOOLED, There Is No Civil War In Syria. The Truth Is Stranger Than Fiction () [54:21]

Presidential Campaign
More GQ | Keith Olbermann - The Closure

  1. Keith Olbermann | 176 Shocking Things Donald Trump Has Done This Election (#01) (09/13/16) [17:25]
  2. Keith Olbermann | Rudy Giuliani Attacking Hillary Clinton's Health is Sick (#02) (09/19/16) [5:37]
  3. Keith Olbermann | Hillary was Wrong. All of Trump's Supporters Are "Deplorable" (#03) (09/20/16) [5:22]
  4. Keith Olbermann | How the Donald Trump Horror Flick is Stranger than Fiction (#04) (09/21/16) [5:07]
  5. Keith Olbermann | The Real Secret Behind Trump's Terrorism Plan (#05) (09/22/16) [7:02]
  6. Keith Olbermann | The Most Deplorable Thing Trump Has Done Yet (#06) (09/23/16) [6:55]
  7. Keith Olbermann | Trump Supporters Are Now Blaming Their Racism on Obama (#08) (09/25/16) [2:58]
  8. Keith Olbermann | Lists '74 Terrible Things' Donald Trump Did This Month (#09) (09/26/16) [10:33]
  9. Keith Olbermann | Why Donald Trump's Russian Connection is a Huuuge Problem (#10) (09/28/16) [5:11]
  10. Keith Olbermann | About That Other Wall Donald Trump Might Build (#11) (09/29/16) [5:39]
  11. Keith Olbermann | How to Gauge Hillary's Lead on Trump (#12) (09/30/16) [5:57]
  12. Keith Olbermann | WTF! Why is Trump Such a Weirdo About Dogs? (#13) (10/03/16) [5:06]
  13. Keith Olbermann | The Most Un-American Thing a Candidate Has Ever Done (#14) (10/04/16) [9:06]
  14. Keith Olbermann | Donald Trump's 50 Most Ridiculous Excuses (#15) (10/05/16) [6:26]
  15. Keith Olbermann | Trump Voters Are Angry? Here's What's Worthy of Anger (#16) (10/06/16) [7:12]
  16. Keith Olbermann | How Donald Trump Figures He'll Win Sunday's Debate (#17) (10/07/16) [7:38]
  17. Keith Olbermann | Jailing Hillary!? Trump's Outrageous Case for Dictatorship (#18) (10/10/16) [5:18]
  18. Keith Olbermann | Donald Trump's 30 Most Mind-Boggling Debate Moments (So Far) (#19) (10/11/16) [7:53]
  19. Keith Olbermann | How Would Trump Deport 11 Million People? Think About It. (#20) (10/12/16) [6:12]
  20. Keith Olbermann | We're Witnessing Donald Trump's Meltdown Here, Folks (#21) (10/13/16) [5:38]
  21. Keith Olbermann | Looks Like Trump is Now Peddling Russian Propaganda (#22) (10/14/16) [6:49]
  22. Keith Olbermann | Maybe Donald Trump is Really a Victim in All This (#23) (10/17/16) [7:00]
  23. Keith Olbermann | You're Lying to Yourself if You Think Trump is the Answer (#24) (10/18/16) [11:56]
  24. Keith Olbermann | The Secret Trick to Decoding Everything Donald Trump Says (#25) (10/19/16) [6:41]
  25. Keith Olbermann | Donald Trump Must Withdraw. Here's Why. (#26) (10/20/16) [7:12]
  26. Keith Olbermann | These Insane Excuses From Trump's Surrogates Are Deplorable (#27) (10/21/16) [6:50]
  27. Keith Olbermann | Would a Trump Win or a Foreign Invasion Be Worse? (#28) (10/24/16) [5:11]
  28. Keith Olbermann | This Election is Too Important Not to Vote for Hillary (#29) (10/25/16) [6:29]
  29. Keith Olbermann | The Normalization of Violence at Trump Rallies (#30) (10/26/16) [5:45]
  30. Keith Olbermann | To The Women Supporting Donald Trump... A Message (#31) (10/27/16) [5:30]
  31. Keith Olbermann | What's Behind Trump's Odd Infatuation with Dictators? (#32) (10/28/16) [5:24]
  32. Keith Olbermann | Trump is Right. This Email Debacle is Worse than Watergate (#33) (10/31/16) [7:41]
  33. Keith Olbermann | Is Donald Trump a Russian Agent? (#34) (11/01/16) [6:15]
  34. Keith Olbermann | Donald Trump and His Uncanny Resemblance to Horror (#35) (11/02/16) [8:13]
  35. Keith Olbermann | What is Donald Trump's Plan for Trump TV? (#36) (11/03/16) [6:45]
  36. Keith Olbermann | Be Angry With Donald Trump, But Not Afraid! (#37) (11/04/16) [8:17]
  37. Keith Olbermann | Is this the Last of Trump or a Preview of His Presidency? (#38) (11/07/16) [7:48]
  38. Keith Olbermann | Democracy is More Fragile Than We Think (#39) (11/08/16) [7:29]
  39. Keith Olbermann | The Terrorists Have Won: Donald Trump is the New President (#40) (11/09/16) [8:47]


  1. Keith Olbermann | The Resistance| Should We Give Donald Trump a Chance? (#01) (11/16/16) [6:10]
  2. Keith Olbermann | No, This is Not Normal Pre-Presidential Behavior (#02) (11/17/16) [7:16]
  3. Keith Olbermann | This is What Happens When You Criticize Donald Trump (#03) (11/22/16) [9:05]
  4. Keith Olbermann | The Surprisingly Easy Way to Get Rid of Donald Trump (#04) (11/23/16) [10:20]
  5. Keith Olbermann | Why Donald Trump is Not Fit to Be President (#05) (11/28/16) [4:22]
  6. Keith Olbermann | Can Donald Trump Possibly Believe What He's Saying? (#06) (11/30/16) [9:57]
  7. Keith Olbermann | "Government-Backed Attackers" May Have Hacked My Account (#07) (12/04/16) [5:32]
  8. Keith Olbermann | Trump is Steering Us Toward International Disaster (#08) (12/05/16) [6:51]
  9. Keith Olbermann | Trump May Have Just Flushed the Economy Down the Toilet (#09) (12/06/16) [5:11]
  10. Keith Olbermann | Let's Take a Look at Trump's Cabinet of Villains (#10) (12/08/16) [9:21]
  11. Keith Olbermann | Is There a Russian Coup Underway in America? (#11) (12/12/16) [6:46]
  12. Keith Olbermann | The Grave Danger of Trump's Intelligence Failure (#12) (12/13/16) [6:50]
  13. Keith Olbermann | Hamilton's Plan to Keep Trump From Becoming President (#13) (12/14/16) [8:17]
  14. Keith Olbermann | The Electoral College has Afirmed Donald Trump. What Now? (#14) (12/19/16) [9:37]
  15. Keith Olbermann | What Did Trump Know? (And When Did He Stop Knowing It?) (#16) (01/05/17) [7:42]
  16. Keith Olbermann | Still Supporting Donald Trump? This Message Is For You (#17) (01/06/17) [8:13]

Trump vs Hillary Presidential Debate 09/26/16
  1. PBS News Live Streaming
  2. NBC News Live Streaming

Trump vs Hillary vs Bernie Sanders vs Jill Stein
Note: I don't control a lot of the YouTube videos so I have to take them as the original owner provides them. Thus some videos have a lot of interruptions... please click the Skip button when you see it. If there are some inappropriate ads please accept my apologies. I have tried to scan most of the videos I post.
Thanks.

Speeches | Platform
Platform
  1. Keith Olbermann | 176 Shocking Things Donald Trump Has Done This Election (#01) (09/13/16) [17:25]
  2. Keith Olbermann | Lists '74 Terrible Things' Donald Trump Did This Month (#09) (09/26/16) [10:33]
Full Speeches to compare candidates
  1. Donald Trump Rally in Wilmington, Ohio at Roberts Centre (full) (09/01/16) [31:02]
  2. Donald Trump Speech at The American Legion convention in Cincinnati, Ohio (full) (09/01/16) [19:41]
  3. Donald Trump Immigration Speech in Phoenix, AZ (full) (08/31/16) [1:15:53]
  4. Donald Trump Rally in Everett, Washington (full) (08/30/16) [1:21:57]
  5. Donald Trump Speech at 'Roast and Ride' Event in Des Moines, Iowa (full) (08/27/16) [55:27]
  6. Donald Trump Rally in Manchester, New Hampshire (full) (08/25/16) [58:56]
  7. Donald Trump Rally in Jackson, Mississippi (full) (08/24/16) [48:53]
  8. Donald Trump Rally in Tampa, Florida (full) (08/24/16) [1:00:40]
  9. Donald Trump Rally in Austin, Texas (full) (08/23/16) [2:05:35]
  10. Donald Trump Rally in Akron, Ohio (full) (08/22/16) [48:58]
Full Speeches to compare candidates
  1. Hillary Clinton Speech at The American Legion convention in Cincinnati, OH (full) (08/31/16) [41:22]
  2. Hillary Clinton Rally in Reno, Nevada (08/25/16) [45:09]
  3. Hillary Clinton Rally in Cleveland, Ohio (08/17/16) [32:00]
  4. Hillary Clinton Rally in Philadelphia, Pennsylvania (08/16/16) [1:06:53]
  5. Hillary Clinton Rally With Vice President Joe Biden in Scranton, Pennsylvania (08/15/16) [1:02:34]
  6. Hillary Clinton Full Economic Plan Speech in Warren, Michigan Rally (08/11/16) [48:54]
  7. Hillary Clinton Speech On Economy in Des Moines, Iowa (08/10/16) [18:43]
  8. Hillary Clinton Speech in Rally in Kissimmee, Florida (08/08/16) [28:39]
  9. Hillary Clinton Rally in St. Petersburg, Florida (08/08/16) [28:01]
  10. Hillary Clinton Rally in Las Vegas, Nevada (08/04/16) [36:18]
  11. Hillary Clinton Rally in Commerce City, Colorado (08/03/16) [26:03]
Full Speeches to compare candidates
  1. Bernie Sanders 'Our Revolution' Speech (full) (08/24/16) [1:05:35]
  2. Bernie Sanders Addresses Delegates at Democratic National Convention (full) (07/25/16) [23:56]
  3. Bernie Sanders Speech At LULAC National Convention in Washington, DC (full) (07/13/16) [26:12]
  4. Bernie Sanders Responds To Supporters Who Feel Betrayed By Hillary Endorsement (full) (07/13/16) [12:15]
  5. Bernie Sanders Endorses Hillary Clinton at New Hampshire Rally (full) (07/12/16) [1:01:56]
  6. Bernie Sanders Rally in New York City, "Where We Go From Here" Speech (full) (07/23/16) [14:59]
  7. Bernie Sanders Video Message To Supporters, The political revolution continues (full) (07/16/16) [14:50]
  8. Bernie Sanders Holds Press Conference in Washington D.C. on Gun Legislation (full) (06/14/16) [15:17]
  9. Bernie Sanders Full Interview With Meet the Press (full) (07/13/16) [13:50]
  10. Bernie Sanders FANTASTIC Rally in Washington, DC. (full) (06/09/16) [1:25:53]
Full Speeches to compare candidates
  1. Jill Stein Full Interview With Greta Van Susteren On The Record (full) (08/23/16) [5:43]
  2. Jill Stein This Week ABC Interview (full) (08/21/16) [18:54]
  3. Jill Stein On-Point Radio Interview (NPR & Facebook) (full) (08/21/16) [49:12]
Still Working ...



More News Menu

National Debt - TRILLIONS
*Demonocracyinfo | US Debt in Physical $100 bills [2:10]

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
image_01
image_02
image_03

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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