Rick Santelli! - Video Found!

No, it leaves out food and energy, and the rest of the stuff in the "basket" changes to make it appear lower. Whatever's "on sale" goes on the list. Whatever's skyrocketing, well you get the picture...

Ok, I get it now. So it's a misrepresentation of what's really happening. Thank you.
 
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Seconded!
 
The good ole stock market is crashing on in incompetent

overspending congress, these guys just beg,borrow and steal to stay in power, unfortunately or fortunately the souring recession is in our favor, the rest look like idiots promising the world for free. Bond investors do not even maintain buying power anymore due to inflation and the FED artificially keeps rates low. ITS the economy stupid, the more they lie about inflation and jobs numbers the more pissed people get.
 
No, it leaves out food and energy, and the rest of the stuff in the "basket" changes to make it appear lower. Whatever's "on sale" goes on the list. Whatever's skyrocketing, well you get the picture...

Yeah, the basket of goods changes to more common consumer purchases. Guess what more consumers purchase, less expensive goods. The thing is skewed because some goods that don't have prices that are rising substantially end up in the CPI.
 
Yeah, the basket of goods changes to more common consumer purchases. Guess what more consumers purchase, less expensive goods. The thing is skewed because some goods that don't have prices that are rising substantially end up in the CPI.

Lol, yeah except it leaves out all the REAL common things like food, gas, housing.
 
Who said, If the people knew about how the banking system work,they would revolt tomorro?
I know it was said,but not sure who said that quote..
 
Who said, If the people knew about how the banking system work,they would revolt tomorro?
I know it was said,but not sure who said that quote..

Henry Ford.

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
 
Who said, If the people knew about how the banking system work,they would revolt tomorro?
I know it was said,but not sure who said that quote..

It's a pretty popular one by Henry Ford that I liked.

It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
Henry Ford

http://www.brainyquote.com/quotes/authors/h/henry_ford.html
 
Any books out there you would recommend someone to read on economics?

The Creature from Jekyll Island : A Second Look at the Federal Reserve
http://www.amazon.com/Creature-Jekyll-Island-Federal-Reserve/dp/0912986212/ref=pd_bbs_sr_2/103-9585277-2774215?ie=UTF8&s=books&qid=1194545815&sr=1-2

Part of a review:
"I will tell you plainly that regardless of what you think you know about the political spectrum, Democrats and Republicans, liberals and conservatives, civil rights and corporate greed, socialism and capitalism -- regardless of how well informed you may think you are by reading mainstream news magazines and newspapers, listening to NPR and talk radio programs and watching political debates on nightly news TV shows -- until you have read and digested G. Edward Griffin's, 'THE CREATURE FROM JEKYLL ISLAND', you will never really understand contemporary American and global politics. But afterwards, the political puzzle will come together before your eyes, and never again will you follow the red herring into the brainwashing house of mirrors which is our current political milieu.

If you're inclined to read only one political book, be sure it's this one, as it will make sense of your world like nothing else. 'THE CREATURE FROM JEKYLL ISLAND' belongs in the personal library of every American who truly cares about his or her country (regardless of political party affiliation); by rousing the people of this nation from the ignorance of deep sleep, it has the potential to be the silver bullet or the stake through the heart of America's worst monster!"
 
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