How to lose a TRILLION Dollars
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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.
Tags for this video: 2008 America depression disaster dollars economic economy election john mccain one palin recession sarah tax trillion
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Maybe the government doesn't always do the best job, but I'm glad they're in there.
*lol* This retard already got his account closed. Bravo!
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.
alright! lets see how bad it gets when obama is sworn in ;D
You people are rediculous.
I think the ones running the banks, should be put in jail. They abused the system, the banks must remain for the most part. The CEO's must not remain.
In canada Gas prices have changed from almost 1.30 or around that to where it is now, which is 67 cents a liter.
That's a number withe 12 zeros behind!
1.000.000.000.000!
..... sarcasm