"It is hilarious to see so many Americans completely lost about basic facts about their economy "
It´s NOT hilarious. it´s scary, it´s shit! -how Americans has completely let their bankers to destroy the countrys possibilities in further success in the global economy.
US was great in 80´s, became
suspicious in 90´s, and now after all bailouts, all stimulus packets out from the air with virtual money and bankers still yelling after bonus...
Reading comments on this video is both hilarious and scary. It is hilarious to see so many Americans completely lost about basic facts about their economy and its realistic possibilities and options. Get this: Free Market is a Myth. It's scary because there remains possibility that lunatics (I mean guys like Ron Paul and his followers) really start running the place with help of their right-wing christian and neo-con political allies. The mess that this would create globally is less hilarious.
Or what your told by the media. Look for Community Reinvestment Act or very low interest rates by the Fed. Search for Ron Paul and Peter Schiff. Do your own research. Don't just watch CNN.
The regulators; the FED, the Office of Thrift Supervision and the Office of the Comptroller of the Currency ALL failed to do their jobs as well as Congress failing to regulate Fannie and Freddie. So in reality there was no regulation.
Also there was little or no regulation of Credit Default Swaps and other derivatives which trade OTC and is really what caused the financial meltdown last Fall.
Read my post more carefully as I never argued that "regulation failed". I said the REGULATORS "failed to do their jobs". There was also no regulation of CDS which when they blew up contributed significantly to the financial crisis.
I just want regulators to do the job they're being paid to do and for CDS to be traded on a regulated exchange so the pricing is open and transparent.
BTW, Free markets need rules & laws, i.e. regulation, otherwise criminals will eventually destroy the market.
Yahar! I haven't been sailin' the YouTube for a while, so forgive the lateness of this reply.
Anyway, ye make a good point. The Regulators failed. That thar be a reoccurring theme throughout Regulation. With the more recent regulator failures on the high seas, with the oil spill in the Gulf, we see once again, regulators failing. They be taken bribes from big oil, and turnin' away relief vessels!
Regulation is made up of Regulators. And regulators be failin!
@TheDcrat Would it be good for our nation to experience a depression? Theoretically, that could fix the imbalances, put the people's prioirities back in order, force the US to solve their problems now, and encourage the free market to fix things without government intervention (Yes, I support the free market). Finally, our nation would not have doubled the money supply if we had let the banks fail. Of course, this is a complicated issue!
I hope the banking industry collapses along with all of our bank accounts. Then the economy will official collapse. Oops I forgot, it already has. You realize that if you do not bail out banking and insurance that there is no backbone for an economy. Failing to do so would be catastrophic. Sure they are assholes but I would rather that, then losing all my money.
You are under the impression that if a company goes bankrupt, it simply disappears! This is not true. An economy is like an environment, if there is a niche to fill, someone will move to fill it! In most cases, they will be replaced with BETTER bussinessmen! These "Bailouts" are just letting the rich pricks who inherited their bussinesses, and know NOTHING about bussiness, keep their money!
Some of the appropriated funds will be used to appropriate more funds from the average citizen. Besides taxes. fines and fees will greatly increase and this is already happening. Paul Turner
Oh, and you can count on the disinformation movement getting stronger, they now have the funds to do so...
Just one thing, you state 'Sub Prime Blues', is that how you think it all started?
LOL, step outside of the box son.
Try looking off WHY just before bushes end of term in office as president he decided to mess around with FED Rates and keep messing about with opec's input and output of oil?????
Strange that he comes from Texas and has lots of oil stocks/companies.
No wonder sub primers failed with such HIGH oil prices.
Banking cartels that engage in fractional reserve banking which are saved by the government when they inevitably fail, is not a characteristic of free market capitalism, it is a characteristic of socialism. Fractional Reserve banking always self destructs and could not exist in a free market. The federal reserve banking cartel and the government created this crisis, not the non-existent free market.
This is amazing! God i love your videos. I've been doing on going research on everything you rhymed about in the video! AMAZING keep them coming, young econ students need something better than NPR for their news updates. haha
well, the market see that the dollar will gain value because we will end the fake wars and stop throwing to wall street. I also see that oil companies are shaking in their 100,000 dollar boots.
And has anyone noticed, the price of gas is dropping all over the U.S. In some areas it's down to $2.99 per gallon.
So, there is a connection between gas prices and the bailout!!!
No bailout and gas prices drop!!!
No wonder GWBush is in a panic for a bailout, it means lost profits for him, Dickless Cheney and the rest of the bums living off of us, if they can't get the bailout!
Blocking the bailout is exposing the greedy schemes of the lying bums in Washington!
gas will go up for many reasons...1) Russia's economy is struggling worse than ours, oil is their biggest export, prices will go up 2) Lack of drilling in the US = supply decrease + demand increase = higher prices 3) With this bailout the value of the $ will decrease because there is nothing backing it, in other words the govt is just printing money, didnt work during the great depression & it won't work now, oil is linked to the value of the $, so when it goes down, oil goes up...hurray govt!!!
This is still amazing.
JDPatriot 1 year ago
Sweeeeeeeeeeeeeeeeet
funfrock25 1 year ago
Sweeeeeeeeeeeeeeeeet
funfrock25 1 year ago
check urself for ur wreck urself.....yeah
machhone 1 year ago
Fun AND educational.
gaijin134 1 year ago
This is an awesome song, I love the lyrics. This is going right into my Economic humor playlist. A million stars.
bulbheadmyass 2 years ago
"It is hilarious to see so many Americans completely lost about basic facts about their economy "
It´s NOT hilarious. it´s scary, it´s shit! -how Americans has completely let their bankers to destroy the countrys possibilities in further success in the global economy.
US was great in 80´s, became
suspicious in 90´s, and now after all bailouts, all stimulus packets out from the air with virtual money and bankers still yelling after bonus...
US is a total bluff! how get we rid off them?
MrMickenval 2 years ago
Reading comments on this video is both hilarious and scary. It is hilarious to see so many Americans completely lost about basic facts about their economy and its realistic possibilities and options. Get this: Free Market is a Myth. It's scary because there remains possibility that lunatics (I mean guys like Ron Paul and his followers) really start running the place with help of their right-wing christian and neo-con political allies. The mess that this would create globally is less hilarious.
Topikatintalo 2 years ago
THIS IS PIS WATER FUCK LOSER btw i loved it
wannabe023 2 years ago
Nice!
holmesc21 2 years ago 3
Good!
lucasleonamlopes 2 years ago
lol its because ppl payed for there stuff with money that didnt even excist :P
yuurepoer 2 years ago 3
This has been flagged as spam show
cool song, heres another cool song and video,
search, "the real American Anthem"
EWOPproductions 2 years ago
sum people suck n are so fucckin wierd!!!!!!!!
zdelgolfo 2 years ago 2
Regulation caused this crisis. TOO MUCH REGULATION!
Scoforever 2 years ago 9
Bull poopoo. It was lack of regulation. Check the facts.
americangreedvictim 2 years ago
Or what your told by the media. Look for Community Reinvestment Act or very low interest rates by the Fed. Search for Ron Paul and Peter Schiff. Do your own research. Don't just watch CNN.
Scoforever 2 years ago
Sorry you're wrong Scoforever.
The regulators; the FED, the Office of Thrift Supervision and the Office of the Comptroller of the Currency ALL failed to do their jobs as well as Congress failing to regulate Fannie and Freddie. So in reality there was no regulation.
Also there was little or no regulation of Credit Default Swaps and other derivatives which trade OTC and is really what caused the financial meltdown last Fall.
perkcolater 2 years ago 2
Yar, ye be wrong. Bailouts be regulation in of themselves. Here be some economic theory for ye:
Corporatism: Regulation to help Big Bussinesses
Socialism: Regulation to help the poor. In practice, due to political greed, it turns fast into Corporatism.
Free Market: No Regulation.
Yar, and yer "Failed Regulation" argument just goes to show that Regulation FAILS! Why ye be wantin' to impliment more of a failing system?
ThePirateEconomist 2 years ago
Read my post more carefully as I never argued that "regulation failed". I said the REGULATORS "failed to do their jobs". There was also no regulation of CDS which when they blew up contributed significantly to the financial crisis.
I just want regulators to do the job they're being paid to do and for CDS to be traded on a regulated exchange so the pricing is open and transparent.
BTW, Free markets need rules & laws, i.e. regulation, otherwise criminals will eventually destroy the market.
perkcolater 1 year ago
@perkcolater
Yahar! I haven't been sailin' the YouTube for a while, so forgive the lateness of this reply.
Anyway, ye make a good point. The Regulators failed. That thar be a reoccurring theme throughout Regulation. With the more recent regulator failures on the high seas, with the oil spill in the Gulf, we see once again, regulators failing. They be taken bribes from big oil, and turnin' away relief vessels!
Regulation is made up of Regulators. And regulators be failin!
ThePirateEconomist 1 year ago
@perkcolater
Continuing: If the Regulators be always failin due to corruption, greed, and incompetence, I'd be sayin that Regulation itself fails.
ThePirateEconomist 1 year ago
Regulation would have stopped this. CDS's caused this. If we had regulated, we wouldn't have had those
TheDcrat 1 year ago
@TheDcrat How about regulating the banks by letting them fail and warning them that failure is possible?
MONOPOLY35 6 months ago
@MONOPOLY35 that would cause a depression.
TheDcrat 6 months ago
@TheDcrat Would it be good for our nation to experience a depression? Theoretically, that could fix the imbalances, put the people's prioirities back in order, force the US to solve their problems now, and encourage the free market to fix things without government intervention (Yes, I support the free market). Finally, our nation would not have doubled the money supply if we had let the banks fail. Of course, this is a complicated issue!
MONOPOLY35 6 months ago
@Scoforever The Byzantine regulations against potentially destructive persons holding powerful positions would have prevented it also
ExposeZionistCrimes 1 year ago
@Scoforever You are clueless! LMAO!
borriskarlof 1 year ago
GET"R"DONE!
rebelstang 2 years ago 6
I hope the banking industry collapses along with all of our bank accounts. Then the economy will official collapse. Oops I forgot, it already has. You realize that if you do not bail out banking and insurance that there is no backbone for an economy. Failing to do so would be catastrophic. Sure they are assholes but I would rather that, then losing all my money.
ampiet3 2 years ago
You are under the impression that if a company goes bankrupt, it simply disappears! This is not true. An economy is like an environment, if there is a niche to fill, someone will move to fill it! In most cases, they will be replaced with BETTER bussinessmen! These "Bailouts" are just letting the rich pricks who inherited their bussinesses, and know NOTHING about bussiness, keep their money!
Screw the Rich!
Screw this Socialism!
Demand a Free Market!
iVIVA EL MERCANDO LIBRE!
DoomHippie 2 years ago 3
The next song can be the Stimulus Rap!
DoomHippie 2 years ago 2
Thank you for allowing me to stop by!
Hey this is really GREAT STUFF HERE!
It inspired me to start a band too!
I would like to share with you what The Bailouts have been doing:
Please click on my posting link!
Enjoy and keep passing all of us at YouTube around!
4tomhenry 2 years ago
Some of the appropriated funds will be used to appropriate more funds from the average citizen. Besides taxes. fines and fees will greatly increase and this is already happening. Paul Turner
Oh, and you can count on the disinformation movement getting stronger, they now have the funds to do so...
wilsonpwt 2 years ago
you think this video is good, you should check out this BAILOUT RAP. by FISTSFULLOFFUNK Its twenty times better than this.
kevinmkeating 2 years ago
I went and saw that video, and it's fuckin awful. Stop spamming that wannabe gangster garbage.
nineninefour 2 years ago
you think this video is good, you should check out this BAILOUT RAP. Its twenty times better than this.
kevinmkeating 2 years ago
Frickin' Awesome.
DoomHippie 2 years ago
Thank you for allowing me to stop by!
Hey this is really GREAT STUFF HERE!
I would like to share with you what The Bailouts have been doing for us:
click on the link here or type in 4tomhenry the search
Enjoy and keep passing all of us at YouTube around!
4tomhenry 2 years ago
Excellent!!!
mittenola 2 years ago
tell it!
spookytom 2 years ago
Comment removed
nicnatali 2 years ago
Excellent.
Just one thing, you state 'Sub Prime Blues', is that how you think it all started?
LOL, step outside of the box son.
Try looking off WHY just before bushes end of term in office as president he decided to mess around with FED Rates and keep messing about with opec's input and output of oil?????
Strange that he comes from Texas and has lots of oil stocks/companies.
No wonder sub primers failed with such HIGH oil prices.
Get it right first son.
ce5v 2 years ago 2
it has started from the very existence of Federal Reserve..
check out "Money as Debt" in this youtube..
plus malicious derivative CDS "heaven"
sukkee3x 2 years ago
Awesome!
bander87 2 years ago
Make More!!!
Re3volution 3 years ago
Really cool!
ssalavei 3 years ago
Love it
Ledoux202 3 years ago
Brilliant!! Wakeup America!
shakemyass9878 3 years ago 2
awesome!
limpiduniverse 3 years ago
Weak chorus, though
stupidjunk978 3 years ago
Genius :-)
minnesotachris 3 years ago 2
I would put it on itunes but I have no idea how. do you know?
kanyeiam 3 years ago
use the tech crunch tool to download it and then you can just download a converter maybe?
mutulus 3 years ago
woot woot
sayntfuu 3 years ago
Excellent!
jfooj 3 years ago 3
cool song
semiliteratedgod 3 years ago
put it up for itunes!
dudess4rent 3 years ago
Possibly the best rap I've heard ever. Informational, and worthwhile. Well done!
uriahsw 3 years ago
The faster they bankrupt us the sooner we can get it over with.
Michaelwiseguy 3 years ago
That is brilliant!!!!!!
greennvidian 3 years ago
Banking cartels that engage in fractional reserve banking which are saved by the government when they inevitably fail, is not a characteristic of free market capitalism, it is a characteristic of socialism. Fractional Reserve banking always self destructs and could not exist in a free market. The federal reserve banking cartel and the government created this crisis, not the non-existent free market.
JesseKantstopolis 3 years ago
"The federal reserve banking cartel and the government created this crisis, not the non-existent Free Market. " Exactly!
End the government mandated cartels! Free the banking system, get rid of the FED. "The States are forbidden to coin any money except gold or silver".
ftorresgamez 3 years ago 2
Great stuff! We need more folk songs about classic liberal positions. Well done, Gregg!
nelsonrn 3 years ago
Big thumbs up... thx for the laugh!
FiveInstincts 3 years ago
Comment removed
jamesmontalbano 3 years ago
This has been flagged as spam show
Every white guy raps the same exact way.
Yo my name is Bailout and I'm here to say.
jamesmontalbano 3 years ago
Comment removed
jamesmontalbano 3 years ago
this is brilliant. every student in america should watch this
sbelect2us 3 years ago
Hot stuff....
DebtJunkie 3 years ago
This has been flagged as spam show
lovin this video!! leave me a comment
i cant watch this video C5
JaschkaZ 3 years ago
This has been flagged as spam show
hi anyone want to chat
hi anyone want to chat nn
856891 3 years ago
sick song
bloomyd72 3 years ago
very well done =D
mystonyvsnrlty 3 years ago
Awesome. Thanks for sharing this.
RodneyHampton 3 years ago
This is amazing! God i love your videos. I've been doing on going research on everything you rhymed about in the video! AMAZING keep them coming, young econ students need something better than NPR for their news updates. haha
hanxor 3 years ago
good point....good eye
suburbanmonk 3 years ago
well, the market see that the dollar will gain value because we will end the fake wars and stop throwing to wall street. I also see that oil companies are shaking in their 100,000 dollar boots.
omen619 3 years ago
Catchy and effective
Buddy1205 3 years ago
And has anyone noticed, the price of gas is dropping all over the U.S. In some areas it's down to $2.99 per gallon.
So, there is a connection between gas prices and the bailout!!!
No bailout and gas prices drop!!!
No wonder GWBush is in a panic for a bailout, it means lost profits for him, Dickless Cheney and the rest of the bums living off of us, if they can't get the bailout!
Blocking the bailout is exposing the greedy schemes of the lying bums in Washington!
OldBenFranklin 3 years ago
good point god eye
suburbanmonk 3 years ago
gas will go up for many reasons...1) Russia's economy is struggling worse than ours, oil is their biggest export, prices will go up 2) Lack of drilling in the US = supply decrease + demand increase = higher prices 3) With this bailout the value of the $ will decrease because there is nothing backing it, in other words the govt is just printing money, didnt work during the great depression & it won't work now, oil is linked to the value of the $, so when it goes down, oil goes up...hurray govt!!!
TKEryan21 3 years ago