How to lose a TRILLION Dollars

Back


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: October 1, 2008 at 4:18 am
Author: Thunderf00t

Length: 00:10:09
Rating: 4.76
Views: 56343

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

Embed Code: Paste this code in your page


Video Comments:
thelumberjackjohn (December 1, 2008 at 4:43 pm)
ya its about 7.8 trillion so i guess were not doing to good
fartsygloss (December 1, 2008 at 3:00 pm)
tah-dah! now we all get to enjoy the culmination of reaganomics, supported by masses who never could afford these politics in the first place. still love folks squawking about obama campaign profiting from freddie and fanny. ny times had interesting article about individuals associated with these corps- ceos, lobbyists for freddie and fanny, etc.. tally? mcain got 169K from these folks, obama? about 10% of that. better squawk about something else that actually supports anti obama stance.
Utubemember3 (November 29, 2008 at 7:19 pm)
Ever heard of Milton Friedman or Ludwig Von Mises. You know those guys that won noble prizes in economics, those smart guys who know stuff. Notice how theses smart guys in economics were against regulation and said if the government would stop screwing with the economy via regulation capitalism would work. Also notice how many current regulations there are now. Maybe if we listened to the smart people for once and got rid of all regulation this would not happen ever again.
Avg501 (November 29, 2008 at 10:40 am)
I have a tril handy to bail everyone out. Don't worry :)
GelPenRainbow (November 27, 2008 at 6:49 pm)
Stupid democrat. Stupid video.
alright! lets see how bad it gets when obama is sworn in ;D
You people are rediculous.
czorbin (November 19, 2008 at 2:31 am)
theres a huge catch 22 with the bailout we've given to big business, its working to keep people from losing all the money at once but now that the money is being put to work the rich and greedy businessmen are cutting and running. thats why the markets are on a huge roller coaster. they'll continue to rise and fall dramatically and the rich will just get richer. what we need to do to teach our government a lesson is simple, don't pay your taxes. fire them.
DesiredControl107 (November 17, 2008 at 4:16 pm)
Anyone want to go to Canada with me?
czorbin (November 19, 2008 at 2:23 am)
not a good idea, canada's economy is strongly dependent on the US's economy..
ailgavaz (November 23, 2008 at 2:04 am)
I live in canada and things aren't that great ! If you guys fall so will we
Pilanus (November 23, 2008 at 10:55 pm)
Actually, everyone will.