Burning Down The House: What Caused Our Economic Crisis? V2

CONSTITUTION OF THE UNITED STATES OF AMERICA. Be respectful in your comments, please. … Barack Obama John McCain Economic Financial Crisis commentary analysis documentary gotcha! grassroots outreach news SNL saturday night live skit subprime mortgage C-span barney Frank Nancy pelosi George Soros unedited WFTV change vote mccain palin election joe plumber wassup 2008 campaign2008 the economy spread wealth politics Will Ferrell Tina Fey Bush Biden Tough Questions Defining Moment Ad Ladies and …

25 Responses to Burning Down The House: What Caused Our Economic Crisis? V2

  1. great respect to whoever made this video

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  2. perpetual economic growth exists… extreme proffits to one sector brings a crisis

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  3. TonyPonyTube

    Well you dumb asses, you wanted this Kenyan Muslim, Marxist Communist to run the country… Now you got ‘em and he’s running the country…RIGHT DOWN THE DRAIN

    Happy Now?

    H O P E you enjoy it, it’s too late to

    C H A N G E now!

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  4. robinvan1983

    he is in office less than 50 days…. can you save the economy in 50 days? or lets look at what bush could do in 50 days in office….. that wasn’t a lot either

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  5. TonyPonyTube

    When yo’ ass is sittin a FEMA camp you won’t be so damn generous to this commie batard,! But don’t worry, me and thee WOLVERINES will break you out and teach you what REAL AMERICA is about!

    You must have been drugged to so fooled but you weren’t alone, there are so many of you that need to be fixed
    COMMUNISM is not FREEDOM it’s FORCE!!!

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  6. robinvan1983

    wow if you think this is communism in the US then it might be wise not to go to europe…

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  7. TonyPonyTube

    …or go anywhere outside the Good Ole US of A

    The reason America is the last bastion of FREEDOM and citizen rule of any kind is because WE HAVE GUNS!

    The commie punks are desperate to take our guns

    You come on like a commie yersef and believe me, Americans died shooting the commie reds around the world and may have to repeat the performance

    you’re invited if you have the gnads

    Forget europe and California too

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  8. wants to inflates them RETURN TO THE LAND try to eat for free there’s enough ressources for everybody .UNIVERSAL HEALTH CARE SYSTEM IS A NECESSITY so is our right to information and to own a home, .We have work and studies to do. BRING BACK OUR TROOPS NOW.THEY WILL PROTECT U.S. AGAINST THE GOUVERNEMENT THAT RUINED THAT ONCE GREAT INDUSTRIAL POWER. LETS GET THE TRAITORS AND THE THIEFS OUT OF THIS COUNTRY.STICK TO THE CONSTITUTION of our founding fathers and breed

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  9. I saw this coming from the start! In 2002 when I found a great job. 16.90hr to start….I said to my self IM going to save……Couple years later 05′ I was making 21.25 hr…….29 thousand cash saved! Homes were 700,000 ??? Something is wrong here! My parents bought a home in 1970 for 70 grand and 20 years later home was worth 130 that was in 02′ and 2007 was worth 980,000.00 I kept telling all my friends this shi! pricing on homes isn’t right! How can it cost 500% in 5 yrs think about it guys

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  10. Get off of youtube and post your videos on a new site

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  11. Wow, he is both a Muslim and a Marxist Communist? he must be pretty conflicted. Then again, the mere fact that you would use a term like “Marxist Communist” shows that you don’t know the meaning of either term, or you’re using both (as well as Muslim) to try to discredit someone. On a different note, I don’t consider it a bad thing if someone’s Muslim, and I think most Americans who cherish freedom of religion would agree.

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  12. So Europe is no longer a bastion of freedom because they don’t have guns? I can’t remember the last time I saw or heard of anyone needing to take up arms against government in Western Europe who wasn’t deranged. That’s because the democratic process over there, while not perfect, works pretty well. In a democracy, arms are the last, not the first, line of defense.

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  13. xTheFridge72x

    wow, i didnt knowm uch of this, but dont blame it all on democrats, there are democrats who dont screw shit up. like jimmy carter. he kicked ass

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  14. “most banks got HEAVILY into the sub-prime lending practice b/c they (foolishly) thought it would lead to profits ”

    WOW, since when did profits come from LOSSES? If I could make profit from my losses I would be rich. Maybe I should go out and start lending money to people that wont pay it back so that I can make all of those great profits off of it. LMAO, unreal. And 1 + 1 doesn’t equal 2, geeeeez.

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  15. I make 85k a year, and i bought a house for 360k. Lots of my coworkers that make the same as i do, bought a house for 600k and now they are getting a baill out from our Gov. Breaks my heart, because im an Iranian and those coworkers of mine are Black, i can get a baill out also but i wont. Because im a Responsible American.

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  16. Great vid, only thing that can be arguable is much of the info is pulled from wikipedia, which is by no means credible. So…everyone do your own research and you will realize that all this IS true!! Great vid

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  17. earwack.99% of the sub-prime loans that banks such as CITIBANK & AIG made were done willinginly and without duress from ACORN & the CRA.the moronic wall street executives (foolishly) assumed that if/when the high risk mortgages defaulted, the banks would be able to re-sell the foreclosed home.that poor business plan crumbled when neighborhoods with 40% of the homes foreclosed.the real estate market collapsed, nobody is going to buy a home in a neighborhood with nearly HALF of houses BOARDED UP.

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  18. earwack……wall street executives made this mess themselves..& are now asking CONGRESS for a BAILOUT…but not all BANKS want the BAILOUT….as not all banks went into the sub prime lending business…only the foolish banks are the ones now asking for the BAILOUT money.

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  19. jrebstock… I wish I had enough room here to explain but I guess this isn’t the right forum. I will briefly say you are a little bit right. But none of this would have happened if it weren’t for the following: ’77 CRA, ’95 rework of CRA, ’95 + 10 years of lowering interest rates, ACORN, Fanny and Freddie, Dodd, Frank, Obama, blocking of regulation and finally due to all of that greed. I could explain each piece but no room here. You would just have to look it all up I guess. Good luck to ya.

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  20. I think the 2nd amendment is intended for preserving personal freedom–freedom to remain alive when one’s life is in danger. As in, in case someone breaks into your home, or attacks you. or in a cousin’s case, a bear gets into the house. I was a liberal from New Jersey, and after living in New Orleans for 3 years and seeing DYSFUNCTION in action, I started to realize why certain basic rights are important.

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  21. that was a reply to semi0tical…although the gun issue is something on the outer fringes of relevant here. Perhaps they should view the video again and try to discern the true issue (housing crisis), which shouldn’t be terribly difficult. Although when the neighbors move to more affordable housing, he/she won’t even need to worry about his neighbors’ guns because they wont be around anymore!
    …Then again, when someone breaks into his house, they won’t be around to help either, will they?

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  22. coltrane1966

    Did Britain have an equivalent Act, if so what was it called?
    Haven’t had much luck so far, thanks to anyone that can help.

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  23. Jimmy Carter was one of the WORST presedents of all time he blamed EVERYTHING that went wrong in his administration on the people so he sucks ass

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  24. xTheFridge72x

    look at the facts: in jimmy carters administration there was:
    A gas shortage,
    A horrible economic situation,
    not to mention more crap.
    Although not by much, he did increase the number of jobs and the energy production, and he did slightly decrease the national debt.
    Ill give you this, he did screw up on the hostage crisis. When i said he was a good president, i meant that because he tried. As a president, he was so-so, i see that, but as a man, and a liberator, he is astonishing.

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  25. Your video is based on some facts but are the usual streatches of the truth, Obama was an attorney doing his job, Fannie Mae is aways going to give more to Dems, because the GOP has wanted to shut them down since day one. Finally you forgot the real cause was “default swaps” and deregulation, which in effect doubled the risk. The housing bubble, was in rich neighborhoods too, The problem was bad enough, but companies like AIG, and GOP deregulation made it a credit crisis.

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