User: TheMouthPeace |
Burning Down The House: What Caused Our Economic Crisis? V2 GO SEE THE NEW VERSION! http://www.youtube.com/watch?v=1RZVw3no2A4 This video is an insightful look into the causes of our current economic crisis, which has its roots in policy developed 13 years ago. THIS VIDEO IS "FAIR USE" COMMENTARY OF A NEWSWORTHY RESEARCH VALUE. IT IS PURELY NON-COMMERCIAL FREE SPEECH. STANDARD COPYRIGHT LAW DOES NOT APPLY. I REQUEST SAFE HARBOR UNDER THE FAIR USE DOCTRINE PERMITTED BY THE FIRST AMENDMENT OF THE CONSTITUTION OF THE UNITED STATES OF AMERICA. Be respectful in your comments, please. Tags: Barack Obama John McCain Financial Crisis |
User: TheMouthPeace |
Burning Down The House: What Caused Our Economic Crisis? This video is an informative look at the factors that are causing our current financial and economic crisis. It discusses policy changes 13 years ago that unleashed the sub-prime mortgage-backed securities market, which accelerated prices erratically, inviting speculation and loose lending practices which were both condoned and encouraged by existing regulation and carried out by risk-blind executives and Fannie Mae and Freddie Mac. Aside from ripping the corporate goons in the media, please be respectful in your comments. Thanks. Tags: Barack Obama John McCain Economic Financial Crisis commentary analysis documentary gotcha! grassroots outreach news poli SNL saturday night live skit subprime mortgage C-span barney Frank Nancy pelosi George Soros unedited |
User: equalizershirts |
Someone predicted this economic collapse A year ago, who? Support,get Ron Paul Shirts, bumper stickers & More here: http://www.cafepress.com/polisatshirts Ron Paul, whether you argee with him as a politican 100% or not, spread this video, atleast it shows that this was known about and nothing was done about it. Someone cared, someone tried. Tags: lehman brothers bankruptcy recession bank america investment Merrill Lynch American International economy collapse crisis effects file chapter 11 bros stock market wall street ron paul predicted depression |
User: bravenewfilms |
John McCain: Economic Disaster http://therealmccain.com/economy John McCain does not have the ability to fix this economic crisis. After declaring the fundamentals of the economy strong, he created a political circus in Washington last week by mucking up bailout negotiations; a deplorable stunt, considering he and his political cronies helped cause the current meltdown. It was McCain and his economic adviser Phil Gramm who pushed for the deregulation that helped lead to the banking crisis, and it was McCain's crony Rick Davis who had deep lobbyist ties to Freddie Mac. Don't let others be fooled by McCain's economic grandstanding because the reality is his policies and principles will only exacerbate our financial hardships. That's why you must spread this video. McCain is being deceitful with his sudden populist message and support for regulation; his economic policies still favor our nation's wealthy elite. Call out McCain's economic dishonesty. Send this video to friends and ask them to sign up for a free Brave New Films video subscription to know the latest on TheRealMcCain.com. Then, post it on your blogs and spread it on networking sites like Digg and Reddit. These are some of the best ways to reach people who are not following this debate closely. Let's make sure everyone knows McCain can't get us out of the mess he got us into in the first place. Tags: john mccain economy disaster recession depression economic wall street phil gramm bailout rick davis freddie mac |
User: biukucanoe |
Burning Down The House: What Caused Our Economic Crisis? Who's behind the meltdown? Not McCain. This video was not made by me. All credit goes to TheMouthPiece. Replaced soundtrack with piano because original pulled down for WB song, it has Dodd saying that the root cause was just bad mortgages. Enjoy and spread the word. The Affirmative Action Economic Meltdown Hus on First Asian Week September 26, 2008 I thought Id never live to see my bank go bust. Wamu? Boo Hoo! Back in 1999, Fannie Mae first introduced rules for sub-prime loans to increase minority homeownership and boost profits. The government subsidized corporation was founded as part of the New Deal in 1938 before it was spun off in the 1960s. Once a monopoly, it still has about half the market of reselling mortgages backed with guarantees of payment. At the time, economists warned that relaxed lending rules might lead to a giant failure that would have to be bailed out by the government if the real estate market cooled like it did in the 1980s. [1] As we all know, that just happened as Uncle Sam took Fannie Mae back. Talk about obscene executive pay, over $100 million was spent on the paychecks of just three Democrats. James Johnson, who was briefly on Obamas VP committee, earned $21 million in just one year of being CEO for 7 years. Obamas housing policy advisor Franklin Raines earned $90 million in his five years as CEO, and Jamie Gorelick earned $26 million as vice chairman, even as Raines and other top executives were caught using accounting tricks to trigger massive bonuses and understate their pay. It was left wing meddling inspired by affirmative action that led to politically correct credit decisions. As Ann Coulter put it, They gave your mortgage to a less qualified minority. The Clinton administration investigated Fannie Mae for discrimination. Ending redlining of minority neighborhoods became the new crusade, even if factors such as credit histories, job stability, loan-to-value ratios and income levels were completely different between communities. It was urged that half of Fannie Mae and Freddie Macs portfolio be made up of low / moderate income borrowers by 2001. Discriminatory criteria such as credit history and down payment ability would become less important, as welfare and unemployment payments would be counted, and stated income allowed borrowers to make up their own income, whether it was backed up by a cash business or nothing but thin air. People were rewarded for signing up loans, not for making sure they would be repaid when they were resold. When G.W. Bush entered office, his economist warned that loans to under-qualified borrowers created a risk for the entire financial system. In 2003, Treasury Secretary John Snow proposed oversight with strict controls over risk and capital reserves. When Senator John McCain joined the fight for reform of corruption, the effort was stopped by Democrats such as Barney Frank who stated there was no financial crisis at Fannie Mae / Freddie Mac, and such pressure would reduce affordable housing. As McCain observed that Obama collected the 2nd highest amount of Fannie and Freddie contributions in his short career, Senator Obama may be taking their advice and he may be taking their money but I want to tell you in a McCain/Palin administration, there will be no seat for these people at the policy making table. Whatever the proper role government has in cleaning up this mess, one thing must be clear. A diverse nation cannot commit to spend whatever it takes to put everybody in a solar house and hybrid car, all-you-can-eat medical coverage, college, preschool, and high test scores for all. Yet this is precisely what Obama promised to do at the debate. Only John McCain committed to fight to control spending which threatens the entire American economy with imploding so badly that no one will be able to will bail out Uncle Sam. Honors for this video (1) #86 - Top Rated (This Week) - News & Politics Sites linking to this video (5) (This functionality has been disabled by the owner of this video.) ClicksURL100http://www.sodahead.com/question/163002/?tko=polls_r... (Hide) 86http://bulletins.myspace.com/index.cfm?fuseaction=bu... (Hide) 33http://thayrone.com/edge/ (Hide) 32http://www.politicalforum.com/elections-campaigns/51... (Hide) 31http://duluthnewstabloid.blogspot.com/2008/09/meltdo... (Hide) Hide linking sites Show linking sites Tags: obama mccain freddie mac bailout salary ceo corruption |
User: BarackObamadotcom |
Barack Obama: Confronting an Economic Crisis Barack gave a speech detailing his plans for repairing America's struggling economy in Golden, CO on September 16th, 2008. Tags: Barack Obama Golden Colorado Economy |
User: TheOnion |
McCains Economic Plan: 'Everyone Marry A Beer Heiress' McCain pointed to his personal success in marrying a wealthy beer heiress to prove how the plan could benefit every American. Tags: politics election 2008 john mccain onion comedy satire fake news |
User: talkingsticktv |
Confessions of an Economic Hit Man - Part I Interview with John Perkins author of "Confessions of an Economic Hit Man" Part II of this interview at http://youtube.com/watch?v=29GhXsx7-Rs Tags: Economy Economics IMF NSA Globalization Covert |
User: GoldSilverAndGold |
Ron Paul on the Economic Collapse! http://goldsilver.com Who is Ron Paul? What does he stand for? If you want to know, then the full-length interview at http://goldsilver.com is the one to watch. Ron Paul is a nine term Congressman and Presidential Candidate whose passion is monetary policy, Dr. Paul has served on The House Banking Committee and The Financial Services Committee. If anyone is in a position to know what our country has in store financially, it is this man. In this amazing interview with Michael Maloney of Goldsilver.com Presidential Candidate Ron Paul warns what lies dead ahead for our country if we continue on our present path. Tags: Ron Paul gold silver economy Federal Reserve inflation president candidate money Michael Maloney Bernanke debate elect |
User: TheMouthPeace |
Covering Your Fannie, Who Really Caused Our Economic Crisis? Barack Obama accuses John McCain of supporting policies that damage our economy. Let's see who really supported the policies that damaged our economy... Tags: Barack Obama John McCain Fannie Mae commentary analysis documentary gotcha! grassroots news political commercial mortgage Freddie Mac economic economy election 2008 Franklin Raines Jim Johnson |