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How to lose a TRILLION Dollars

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This video is copyright free for educational purposes.Feel free to mirror these videos with or without accreditation.Put simply, there have been those who for the last decade or so have been busy sewing the seeds of this disaster.Republicans have been busy working for less market regulations, and now we get the bill for it. 3000 dollars per American. 12 000 dollars for a family of four.The regulators are there to ensure this sort of thing doesnt happen. They are insurance.You can always save money by not having regulators, but then you really have noone else but yourself to blame when you find that the unregulated market has run amuck.Whoever wins the next election is financially screwed. However it really doesnt make much sense to vote for a man like McCain, after all, it is primarily the policies this man advocated that are responsible for the current financial crisis. This has just cost me about 3000 dollars if Im lucky, my job if Im not.Not unlike Iraq really? Remember McCain, the military man saying before the invasion how it was going to be easy, sunni n shia never fought, we will be greeted as liberators etc? You cannot question the grit of a man like McCain, however being tortured does not count as experience at military leadership. Indeed it appears that on most issues on which McCain has expressed a military opinion, he has been critically wrong.

Channel: News & Politics
Uploaded: December 31, 1969 at 6:59 pm
Author: Thunderf00t

Length: 10:09
Rating: 4.76
Views: 55569

Tags: 2008  America  depression  disaster  dollars  economic  economy  election  john  mccain  one  palin  recession  sarah  tax  trillion  

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DesiredControl107 (December 31, 1969 at 6:59 pm)
Anyone want to go to Canada with me?
XaviersSecretary (December 31, 1969 at 6:59 pm)
Yet John McCain in 2005 co-sponsored a bill that would prevent Fannie and Freddie from giving bad mortgages.This was blocked by the Democrats in the Senate.In 2003 Bush proposed a bill that would create a new agency within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac.Democrats in the Senate blocked it.Barack Obama, while in the senate, recieved tons of money from Fannie, and sued Citibank, forcing it to give out bad loans in 2004.
ReductioAdAbsurdum (December 31, 1969 at 6:59 pm)
"FUCK SOCIALISM"*lol* This retard already got his account closed. Bravo!
newbetterandhappy (December 31, 1969 at 6:59 pm)
The trillion dollars aren't the problem. There are FIVE HUNDRED TRILLION DOLLARS in a debt mechanism called deravitives. The banks sold the subprime mortgages everywhere, without accounting for the lack of quality for the debt.
Verrimgard (December 31, 1969 at 6:59 pm)
Um, the quality of life in this country has increased as regulation on businesses increased. That's history. Without regulations, businesses would still put children to work, fire people for getting injured, pollute without restraint, and so on.Maybe the government doesn't always do the best job, but I'm glad they're in there.
Lawyerdude (December 31, 1969 at 6:59 pm)
Fuck you with your foreign accent. You are so fulla shit. You haven't a fucking clue. The bailout is a bad deal but you have no solution. Fuck you. This is a stupid video.
Pillguin5000 (December 31, 1969 at 6:59 pm)
At the core socialism isn't that bad. Everybody has a better life that way.
Korbamite (December 31, 1969 at 6:59 pm)
jakejakewhat do you make over $250K? What a laugh you are complaining for people you will never even approach. A 3% tax increase is hardly socialism. It seems to people as stupid as you that it is ok for the poor and middle class to pay for the riches lavish lifestyles but help out that part of the people that actually work and are the driving force and back bone of the economy and that is your definition of socialism. What a moron.
Korbamite (December 31, 1969 at 6:59 pm)
You're an idiot. What are you even doing posting on this brilliant mans channel? It's equivalent to a retard calling Einstein stupid.
jakejakewhat (December 31, 1969 at 6:59 pm)
no im not saying that to troll. FUCK SOCIALISM

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