NEED TO KNOW | The true cost of the bank bailout | PBS

[bzstylehive]

Read The Creature from Jekyll Island and learn that the Federal Reserve is a private bank! Read to see the people involved and how and why it got started! Believe it or not??

[jbrider555]

They did everything right? Bailing out mortgage security fraud? I don't think so.

[greylock1959]

This is full of misdirection of the truth.

[bertly71]

The bankers and the politicians were both in on it. It could not have happened without them working hand in hand. People from Wall Street go in and out of every administration with impunity. The revolving door is part of the problem here.

[NowThePeople]

Next time a they ask you for your payment, tell the lady on the phone that "I own part of your company thanks to George Bush my tax dollars have bailed out out". Then politely ask them for YOUR payment, since they owe YOU billions in tax dollars, when they sit silently on the phone, tell them "Well looks like I will need to send you to collections, you will be receiving a letter, have a nice day":})

[Drrck11]

Wow, Alison's come a long way since MTV. Such a serious news reporter now.

[1717jbs]

Fascism

[NikolaTeslaJohnGalt]

Its away to gauge how closely the public is paying attention, and checking the amount of de-sensitivity to the "man make history" conspiracy theory of history!

At least read "The Creature from Jekyll Island", if not the "None Dare Call it Conspiracy" which is easier cliff notes, so to speak.

[claudius2u]

Folks, it's funny that this video is sponsored by the Federal Reserve's Owners!

Go to "The true cost of the bank bailout " page in the pbs[dot] org website, and scroll to the bottom of that page. There you will see this message . . .

"Need to Know is made possible by Bernard and Irene Schwartz, The Rockefeller Foundation, . . . The Corporation for Public Broadcasting and PBS. Corporate funding is provided by Mutual of America.

[SamTexeira]

"The people out there across the country do care about this - they feel powerless however..."

[lushfauna]

Ron Paul 2012!

[ddnycc]

this guy doesn't know what he's talking about.

[VyseLegend]

Who doesn't know this? PBS is like news for the learning disabled.

[bugsz1]

LOL what a joke. If you think any of the latest presidents are the cause of this, your are naive. Look up central bank 1913 and be enlightened.

Bailing-out the rich, what a crock.

[markdown01]

Thanks Obama? He had no control over that, nor did the others mentioned. These Presidents have no oversight regarding the Federal Reserve. You can blame them for appointing or re-appointing Bernake or Greenspan, etc.. It wouldn't matter. There would be no better option, all serve the banker elite. JP Morgan owned 90% of all US businesses in the late 1800s. That got broken up. He and his son went on to charter the creation of the Fed, and thus re-took control. Blame the bankers, they did it all.

[maybeso08]

@markdown01 your totally right is our government was communist then you can blame the government but since where capitalist system you blame the bank if the banks did collapse wed be ok our governmnet is doing all it can but they cant work together now and why is that well... i dont wanna get into that

[Slimjim6816]

Thanks Obama

[WithoutRemorse12]

@Slimjim6816 Actually its thanks Obama,Bush, Clinton, Bush, Regan, Carter, Nixon

[bnfox]

@WithoutRemorse12 - thanks for adding that. I'm getting real tired of the staggering ignorance out there about the whole history of this problem. There are already those who haven't a clue that it was Bush who originated TARP as well as the buyouts of Fannie, Freddie, AIG, Citigroup, and GM. Or that it takes decades to undermine and game an entire economic system.I'm no Obama supporter but dumb is dumb.

[Will224000]

@WithoutRemorse12 ...don't forget Reagan...

...Eisenhower tried to warn us... JFK signed Exec Order 11110 and re-monetized Silver... the Bankers killed him and had Johnson (their boy) in the WH... their hopes were up with Nixon but he was caught... Reagan brought in the real groundwork for the present Melt Down... all these politicians are owned... Washington is Owned...

[canadianbacon007]

Wow...........