Spending like Drunken Sailors

[trick29420]

" the federal government is the only one left with resources to prevent a crisis"... A PRINTING PRESS IS NOT A RESOURCE!!!!!!! dick.

[FouchJustin191]

Debt and China/ dealt with in the next 5 or 10 years, maybe less.

Unemployment drops 5% or more.

Americans more optimistic about spending and saving.

Value of the dollar increases allowing us to pay our debts faster.

Economy solved. This of course is just a theory, but I believe that this could work.

[FouchJustin191]

In my opinion, what we need to do is in order to revieve our economy is to A, keep tax rates up in order to repay our 14 trillion dollar debts but with no more spending by the government. Allow foriegn companies to come here in the US, but put heavy tax tarrifs on their goods, while at the same time use their corperations to create millions of jobs here in the US, as a result the US Dollar becomes more powerful, low morgage rates, unemployment drops to 5% or less, goods are more afforible.

[sumokiller]

@FouchJustin191 One flaw to your logic...why would foreign companies choose to enter the US when the US is determined to set high tax tariffs on their goods? and IF the foreign companies DO choose to still enter, their goods would be significantly marked up and would not be able to remain competitive. This would most likely result in the foreign companies' retreat.

[onstageagain]

@conservative608 Donald Rumsfeld Was on David Letterman last night, the last part of the guest appearance he spoke of Presidents from Ike Eisenhower on down to Obama... a must see about these men and in the end speaking of Obama... please watch this U tube short video.

Our spending is out of control... we cannot make it doing this. spending and printing paper.

Donald Rumsfeld - Known And Unknown *Interview (Feb.21/11) Part 2

[RedDaVincy]

Yep that sure was a meltdown of a recession or whatever. His Holiness Ron Paul II must be some kind of genius or genie.

[lmercado9999]

its all barak HUSSAIN obamas FAULT! i hope Obama gets COLEN CANCER! VIVA BUSH!

[dungeoncrawler55]

Question for "anti-racists"(anti-Whites):

If there was a small island and we flooded it with non-islanders and told the old islanders they had to accept these "new islanders" as their new family would that be:

(b) Causing serious bodily or mental harm to members of the group;

(c) Deliberately inflicting on the group conditions of life calculated to bring about its physical destruction in whole or in part;

(d) Imposing measures intended to prevent births within the group;

???????????

[Shargrailar]

@ yesokayynot and their McBusinesses as well.

[zacafreakingriah]

The Federal government is all we have left to save us? hahahaHAHAHAHAHAHA

[jscottupton]

Government spending is NOT the same as private sector spending.  Government spending is NOT efficient and is not spent on the things people ACTUALLY want.

[mikebgood]

Spending is the problem and the idiots of our nation elected Spendy McSpenderton.

[fedtheend]

if the country continues to spend like this then command and control must be implemented.

[topchoices]

Never have had money to spend! I was a teacher!

[LizzyxDarcy]

The answer to the question - Demorats!

[SlimSh8E]

I like Ron Paul, but he is wrong in his history. We are not doing exactly like we did in the 1930's, and the vast majority of economists applaud that. The reason, as I understand it, for the Great Depression is because government did not step in and shore up businesses, but rather allowed them to collapse which caused a dominoe effect taking the whole economy down. Is that what you want? If Bush did one thing right (after all his screw ups) it was to let Paulson step in with the TARP funds.

[gigiontube]

@SlimSh8E

Probably now you want to revise your thinking.

Ron Paul ALWAYS was right. You don't help by throwing money at stupidity, greed and theft. All those will continue taking the innocent ones with them.

[migo53333]

And what should we call junior??? Ohh heres one.....a former cocaine alchoholic who left the largest deficit in hstory....Obama at least has credentials (Harvard) Bush has a powerful daddy......

[meaningintragedy01]

Ron Paul FTW

[SlimSh8E]

Spending like drunken sailors. Isn't that how McCain described his fellow Republicans? Meanwhile Bush starts two wars, while simultaneously lowering taxes (for the very wealthy). And although Bush is not directly responsible for the economic collapse, part two of the plan is less regulation and oversight of big business. Reaganomics. Remember? How do you like the way it's worked so far? Obama will be lucky to get it all cleaned up before the fat cats are voted back in to Sodomize us once again.

[chrisbowling2003]

you are kidding right, obama has spent just as much, people get over the left right thing. they both are fucking you

[mdsco1]

I heard he is having spinners installed on all the wheels on white house limos!!!

[baseballfinatic333]

why do people think that youtube is a place to put their political views?

[BSlyBSly]

Ron Paul tried to warn the people.......i wonder if they will credit him now for speaking the truth.

[FatLibertarian]

The only way to fix it is to end the federal reserve, and over-time return to a gold and silver standard. That WILL NOT HAPPEN anytime soon. So instead, the U.S. will no longer be the reserve currency of the world. Inflation will sky rocket. The United States will slowly deteriorate into chaos, and our liberty will be stripped in an effort to gain control of us. Resources will be doled out. We are headed for Armageddon.

[cbremer83]

Armageddon is a bit strong. Maybe a revolution or some kind of uprising is more likely.

[stargirlsusan]

love you guys

[athiker7209]

I agree, well said!

[Rocktheboat59]

For the people saying its the u.s's fault for the world wide crisis, how about you man up and not depend on the U.S to control the world for you, and not to depend so economically on us.

[beckyfromkentucky]

He is spending like a drunken Bush!

[niny322]

STOP BLAMING EACHOTHER AND FIX IT!!! Together we stand, divided we fall

[deadpoet4]

Major ditto on this!

[Bardlettt]

Isn't there an old saying, "You have to spend money to make money"? They're trying people. Stuffing money under a giant mattress won't help.

[DarkHentaiDragon]

Thats exactly how I feel, We cant solve problems by doing nothing, we need to be wise.

Putting money into energy > putting money into a goddam war.

[jlettuce07]

Nuclear.

Clean, easy, feasible.

[djcobolt]

Ron Paul , im so pissed he didnt get on the ticket. He could have won it.

[DawnShereeJoe]

at 1:20 Obama is a LIAR! He wants us to believe they are our saviors. Take Power FROM the Fed, don't give it to them. they are going to ---- us good

[Tommerman89]

Of course this video is saved by the end: Get your political Chill on, which is awesome.

[Glendale1835]

yes you are correct, goverment and banks are to blame, not the people

[stprimeflyer]

People are to blame, all the retards who borrowed all that money and were not able to make the payments are to blame.

[Glendale1835]

USA is to blame for the worldwide CRISIS

[annielwhite]

you are out of your god damn mind! how about you say American Government. not USA.

[Bardlettt]

Annie- because it was just as much the citizen's fault as the government. It was nice buying that 400k house, but not so nice when you get that bill, is it?

[annielwhite]

i say its people fault for buying a 400k house when they only make 20 dollars hour. governments fault for getting involved

[KingTroIl]

@annielwhite 20$ an hour isn't bad. 40 hour week = 800 $ a week. 4 weeks 3,200$. I rent my home which is worth 500,000$ for 1,300 and it comes with a garage 2 bedrooms a kitchen a basement dining room and living room.

[krayzewolf]

Just to add to annie, if banks want to give money to people who clearly can't make the mortgage, then the bank deserves to eat the cost. Also if banks give too many bad loans they deserve to go under, not get financed by the tax payers to continue with a failing practice.

[apb0v3]

Banks were forced to by govco

[DarkHentaiDragon]

You cant just blame everything on the big bad government. there are many more to blame

[djcobolt]

The world is just as much to blame depending solely on what everyone knew was a backwards system that MUST bust. It always does , always will , and no, the world wants to blame the US for what? providing an enormous boom for the last 14 years that everyone got off on and then tanked with together. Get real.

[ice9001]

Ron is such a smart guy he should have been republican nominee the would have been best pres ever . But I guess big buisness once again put the right man for them in power once again welcome to Obama world just the same as Bush world but more pizzaz and charrisma he is already showing his true colours that there will only be slight change .

[depthsofhades]

Oil will stay low, Gold will flux a little more than rise in price more and more each day. Oil might spike, but will be forced down again. Russia will go broke along with the USA and Australia. France and the EU will push for a Global standard in currency and will rely on us to support it. Civil defense program is comming to violate the 13th amendmant. Biometrics will be introduced and everything we do will be traced. We have been losing our rights.Wake up america, we must fight for freedom.

[albertason]

didn't bush start this stimulis stuff?

[sugarpuddin88]

The Federal Reserve Bank is privately owned

The FED owes its duty to private shareholders!

America can no longer create money debt & interest free!

It's a criminal organization that caused 3 depressions in the 30's (google their retraction of money and the correlating collapse of biz & unemployment)

Then, the FEDs same shareholders bought up property and companies at pennies on a dollar!

The FED wants the USA to collapse! The FED is NOT part of the US Government!

[sugarpuddin88]

The Bail Out does not help Main Street; it is welfare for Wall Street!

Small businesses cant get loans; kids cant get loans to go to college; home owners cant get loans; but the elite of Wall Street get to keep their billions of dollars in Christmas bonuses last year!

And these banks are using the money to give more bonuses to their executives; buying more banks; and, extending gratuitous benefits & pedicures to the corporate aristocracy

Bankruptcy court would mean returning their bonuses

[ebilly99]

The recesion WILL BECOME A DEPRESSION. who long it last all depends on how long it takes for jobs start up again.-