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Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'

 
Anonymous Coward
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09/21/2019 12:49 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
Hope y’all are living within your means and outta debt.
 Quoting: Anonymous Coward 78021229


That sound prudent on the surface, but if things get so bad that there's no food at the grocery store what difference does it make anyway?

There's the other side that maybe you should just live it up now and borrow all the money you can if the dollar is going to be worthless anyway. You could, theoretically, repay your debts easily if the dollar becomes worthless since your debts are denominated in dollars.
Anonymous Coward
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09/21/2019 12:50 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
Trouble with the big banks?

Time for another mass terror event blamed on whitey!
Anonymous Coward
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09/21/2019 01:02 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
Oh—and five stars. Thought I’d see more about this here on GLP. Used to be some financially savvy people on this board back in the day...
 Quoting: Anonymous Coward 77151235


You mean the people who harped for 16 years that there's been no recovery since the Sept.11 attack?
hillbilly

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09/21/2019 01:32 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
Endless wars are no "recovery" except for
the Globalist usurers who profit from both sides.

Last Edited by hillbilly on 09/21/2019 01:33 PM
Water is the only drink for a wise man.
Call me a pot but heat me not.-Putin
Silence is where God speaks. Anything else is but a poor translation. -Rumi
Wanna hear God laugh? Just talk about your plans.
An old broom knows all the corners.
Slow is steady; steady is smooth; smooth is fast.
Success has a thousand fathers but failure only one son.
The deeper that sorrow carves into your being, the more joy you can contain.-Gibran
Flame Garcia

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09/21/2019 01:37 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
I quit listening to Glenn Beck before the 2016 election when he came out as a Never Trumper and actively campaigned against Trump
"The road of life is paved with flat squirrels who couldn't make a decision"
Don Draper from Nantucket

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09/21/2019 01:45 PM

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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
Thread: OMINOUS Stock market warning from Gold Man Sacks!!! CHAOS IN OCTOBER?!?
PLATA BITCHEZZZZZZ

UPGRADE UNAVAILABLE

The Rolling Stones said it best...

"What's confusing you is the nature of my game"
hillbilly

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09/21/2019 01:46 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
The trick is crashing their little red wagon
without blocking the whole road.

All the talking heads have their plans
to hit the ditches when it does.

Some men would rather see the world burn
than loose their stranglehold on it.

Last Edited by hillbilly on 09/21/2019 01:50 PM
Water is the only drink for a wise man.
Call me a pot but heat me not.-Putin
Silence is where God speaks. Anything else is but a poor translation. -Rumi
Wanna hear God laugh? Just talk about your plans.
An old broom knows all the corners.
Slow is steady; steady is smooth; smooth is fast.
Success has a thousand fathers but failure only one son.
The deeper that sorrow carves into your being, the more joy you can contain.-Gibran
DC elite
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09/21/2019 01:56 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
Panic amongst the DC elites right now - two economy docs and
Serious discuss at dinner party last night ... consensus....
2008 x 15 ...these are involved highly educated conservative and liberal folks its all the buzzz pulling funds to protect
Anonymous Coward
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09/21/2019 02:06 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
Beck said the markets would crash once Trump was sworn in. Then it was after his first year, then his second year.

Now as we approach Trump’s third year, Beck is claiming another recession. He’s bound to be right once but not this time.
Anonymous Coward
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09/21/2019 02:08 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
hopefully everyone made out like a bandit in the stock market.
Anonymous Coward
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09/21/2019 02:21 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
Banks need 75 billion for 4 days straight?


what's going on?
Dalek Uno
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Germany
09/21/2019 02:22 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
Banks need 75 billion for 4 days straight?


what's going on?
 Quoting: Lindsey


or someone is selling US treasuries real bad
Anonymous Coward
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09/21/2019 02:30 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
Beck said the markets would crash once Trump was sworn in. Then it was after his first year, then his second year.

Now as we approach Trump’s third year, Beck is claiming another recession. He’s bound to be right once but not this time.
 Quoting: Anonymous Coward 77635505


This is not a “Beck Prediction”.

This is about the banks not having any cash. So little cash that the Fed stepped in.

For the FIRST time since 2008.

Then they stepped in again for a second night.

Then a third. And a fourth. And a fifth.

Now saying this will continue for several weeks.

It was a red flag that they needed to do this for even ONE night.

This is not “somebody has a feeling that maybe something might maybe happen”.

The. Banks. Have. No. Cash.

Don’t know what will happen, but this is the most tangible indicator of an imminent problem we have had in 11 years.
paciricisland financier
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09/21/2019 02:32 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
i have a whole garage full of cowrie shells to buy the necessities of life with when the hammer falls!
Anonymous Coward
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09/21/2019 06:09 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
Since when did Glenn beck become
a colonel sanders impersonator???
Drama
JAZZz50

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09/21/2019 06:38 PM

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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
who expected anything different?

1> we never fixed the issues that caused the last recession. it was not caused by a housing bubble.

2> the DEM's will tank the economy before the election to make TRUMP look bad. that we have repeated since he took office.
JAZZZ50

2020 The SHTF literally as TP ran out.

we went from being over the target, to actually being the target. too close to the truth.


if i had a dollar for everytime someone says "merge" without using the word, i'd b so green i'd b King of Mars.
Anonymous Coward
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09/21/2019 06:52 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
Banks need 75 billion for 4 days straight?


what's going on?
 Quoting: Lindsey


That's chicken feed. Obama had a front in Belgium buy all the Treasury paper Russia dumped on the market after Ukraine.

The Federal Reserve uses fronts all the time to buy and sell US Treasury debt paper and corporate debt paper.

Obama bragged about how creative Bernanke was at scamming the world optics-wise.
Anonymous Coward
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09/21/2019 06:57 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
Panic amongst the DC elites right now - two economy docs and
Serious discuss at dinner party last night ... consensus....
2008 x 15 ...these are involved highly educated conservative and liberal folks its all the buzzz pulling funds to protect
 Quoting: DC elite 74993981


Just George Galloway mentioning Netanyahu fleeing to Russia (of all places) has them all ready to tie a scarf to a door handle and hang themselves.

All that lying for nothing.
Anonymous Coward
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09/21/2019 07:55 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
Panic amongst the DC elites right now - two economy docs and
Serious discuss at dinner party last night ... consensus....
2008 x 15 ...these are involved highly educated conservative and liberal folks its all the buzzz pulling funds to protect
 Quoting: DC elite 74993981


Just George Galloway mentioning Netanyahu fleeing to Russia (of all places) has them all ready to tie a scarf to a door handle and hang themselves.

All that lying for nothing.
 Quoting: Anonymous Coward 75580863


What?? Really?

Have a link?
Jake

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09/21/2019 08:04 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
75 billion is a lot but I just saw on NBC Money last week how Germany has printed up and given out loans for over 14 Trillion at zero interest.

I don't even know how that is possible

Last Edited by Slowly awakening on 09/21/2019 08:05 PM
Evil controls the ignorant... Climate change is a hoax so is the vax you have been fear-porned into compliance!

Definition Satan from the bible: Satan (Rev 12:7) exercising his subtle (indirect) impact on heathen governments (powers) – i.e. accomplishing his hellish agenda from "behind the scenes."
Anonymous Coward
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09/21/2019 08:08 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
Panic amongst the DC elites right now - two economy docs and
Serious discuss at dinner party last night ... consensus....
2008 x 15 ...these are involved highly educated conservative and liberal folks its all the buzzz pulling funds to protect
 Quoting: DC elite 74993981


Just George Galloway mentioning Netanyahu fleeing to Russia (of all places) has them all ready to tie a scarf to a door handle and hang themselves.

All that lying for nothing.
 Quoting: Anonymous Coward 75580863


What?? Really?

Have a link?
 Quoting: Anonymous Coward 77151235


Thread: RT: Netanyahu may seek asylum in Russia if he can't cut a deal with Ganz and Lieberman
Anonymous Coward
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09/21/2019 08:10 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
75 billion is a lot but I just saw on NBC Money last week how Germany has printed up and given out loans for over 14 Trillion at zero interest.

I don't even know how that is possible
 Quoting: Jake


They don't print it physically. They add zeros to a line in a program for digitized bank accounts.
Maddrummerboy

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09/21/2019 08:11 PM

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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
Beck said the markets would crash once Trump was sworn in. Then it was after his first year, then his second year.

Now as we approach Trump’s third year, Beck is claiming another recession. He’s bound to be right once but not this time.
 Quoting: Anonymous Coward 77635505


This is not a “Beck Prediction”.

This is about the banks not having any cash. So little cash that the Fed stepped in.

For the FIRST time since 2008.

Then they stepped in again for a second night.

Then a third. And a fourth. And a fifth.

Now saying this will continue for several weeks.

It was a red flag that they needed to do this for even ONE night.

This is not “somebody has a feeling that maybe something might maybe happen”.

The. Banks. Have. No. Cash.

Don’t know what will happen, but this is the most tangible indicator of an imminent problem we have had in 11 years.
 Quoting: Anonymous Coward 77151235



hesright
Anonymous Coward
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09/21/2019 08:13 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
Beck said the markets would crash once Trump was sworn in. Then it was after his first year, then his second year.

Now as we approach Trump’s third year, Beck is claiming another recession. He’s bound to be right once but not this time.
 Quoting: Anonymous Coward 77635505


Proof please. I don't remember hearing that.

Otherwise, you are full of shit.
Anonymous Coward
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09/21/2019 08:15 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
Beck is great in defining the situation but where are his solutions?
 Quoting: Anonymous Coward 76166984


Get your money out of banks and put it in credit unions. That is exactly what he said on Friday during the first 15 minutes of his radio show.
Anonymous Coward
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09/21/2019 08:16 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
All that has to happen around the world is for central banks around the world to stop pretending they inflate with a modicum of restraint. Then it's Katy bar the door for economic collapse. Then interest rates go back to Reagan era levels and socialism collapses one more time.
Jake

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09/21/2019 08:17 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
75 billion is a lot but I just saw on NBC Money last week how Germany has printed up and given out loans for over 14 Trillion at zero interest.

I don't even know how that is possible
 Quoting: Jake


They don't print it physically. They add zeros to a line in a program for digitized bank accounts.
 Quoting: Anonymous Coward 75580863


yeah but I still dont understand the purpose, there are not even 14 trillion in world wide investments available.

just makes no sense to me, seams like that would just create inflation
Evil controls the ignorant... Climate change is a hoax so is the vax you have been fear-porned into compliance!

Definition Satan from the bible: Satan (Rev 12:7) exercising his subtle (indirect) impact on heathen governments (powers) – i.e. accomplishing his hellish agenda from "behind the scenes."
Anonymous Coward
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09/21/2019 08:17 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
Beck is great in defining the situation but where are his solutions?
 Quoting: Anonymous Coward 76166984


Get your money out of banks and put it in credit unions. That is exactly what he said on Friday during the first 15 minutes of his radio show.
 Quoting: jt210


Open a tattoo parlor.
Anonymous Coward
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09/21/2019 08:17 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
You have to put this in context as to what is going on now, in 2019 and not make assumptions from 2008.

Where is this money going?
 Quoting: Anonymous Coward 76166984


The money is keeping the Banks Liquid.
Without this emergency funding many Banks would be insolvent.
In other words the next Financial Crisis is coming soon.
Anonymous Coward
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09/21/2019 08:20 PM
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Re: Glenn Beck issues fiscal warning — just like he did before the 2008 financial crisis: 'Something is very wrong'
We may be witnessing the real danger of the Ponzi -like scheme known as fractional reserve banking.
When the wealth created from loaning money that does not exist gets converted into assets like real estate or gold and silver.. it logically would put pressure on the supply of (let’s call it) real money, even though many are skeptical that any money is real except silver and gold.
This is possibly why there is a shortage of Money.





GLP