@cclodfe Yeah I think there are a lot of variables that went into it. While there was definitely a lack of market discipline (easy credit) I most certainly think that deficient regulation of the financial system (like CDS) was a huge factor.
Great vid, someone needs to reference this on all of those "Burning down the house" pages. Open some eyes. Also, if you really want a nice explanation of the whole sub prime mess look for youtube user informedtrades. That's where I found this vid.
How come that in the first days of the crisis when I tried to explain people what to do to save their economies and savings from the starving banks and the falling dollar, youtube was censoring my comments and messages? People, change your Dollars to Swiss Franks. That will get you through for a while. That is if you don't get rich because, as far as I see, Swiss Franks and Swiss stocks are going up,up,up!
I wouldn't worry if I were you. Both are strong and will float more than the US market or even the EU markets. If I were from US, I'd change my dollars to CHF, then wait for the dollar to fall. Then I would change the CHF to dollars and wait for the dollar to make it's comeback. People in US should profit from this "Collapse" but, some don't understand or can't see how to make money out of nothing :D
Nice video, but you left a few key details out. Go search Cspan's website for 183818-1. The democrats being in bed with freddie and fannie, were hell bent against the republicans who warned of impending doom years ago and wanted more regulation.
What did they do when the republicans cried "Fix it before it's too late!"? They cried racism, gee go figure. So you need to add to your rap.
"Barney frank didn't want no stinking regulation. Fannie is fine, won't be no stagnation!"
If only the internet had existed during the Great Depression, imagine how much fun it would have been. Or wait, I mean the OTHER Great Depression. Touche.
Oh but the thing is this is just the beginning! Soon things will get crazier and then the Constitution will be attacked and hang on by thread and who will save the US and Constitution? You'll see pretty soon believe me!
Yeah I actually learned something. Great Job! And I think the lyrics/rapping are actually really good. I mean considering what you're rapping about...finance, credit default swap and the bail-out...you really made it work.
It was informative, but the rapping was awful. You know your stuff and did a great job organizing it chronologically, but that rapping straight up blows. But if you asked me, I wouldn't say you were actually completely serious about it, though. So good job.
Funny, but our money didn't solve it...our money made is worse. The US is just one step closer to socialism and Paulson is trying to find other moves to keep the trend going.
MF Doom-Styrax gum?
MrSummerman10 1 month ago
MF DOOM's "That's That"?
MrSummerman10 1 month ago
Hi M Bird,
This is epic. Can i use this track for a video that i am making on the Occupy Wall Street Movement?
Will that be ok with you?
Do let me know.
Cheers
andrewchipped 3 months ago
@andrewchipped
yeah dude, go for it!
MBIRD221 3 months ago
Get ready for Crash #2. Thank you Barry O.
Geostrategic1 6 months ago
CAN YOU POST LYRICS PLEASE!!!!!! this is gunna come in helpful for economics class next year
ramsey00m 6 months ago
so nice rap!
Archangel2069 1 year ago
Uh....A lack of regulation? Or easy credit (increase in the money supply) and low interest rates set by the Federal reserve back.
cclodfe 1 year ago
@cclodfe Yeah I think there are a lot of variables that went into it. While there was definitely a lack of market discipline (easy credit) I most certainly think that deficient regulation of the financial system (like CDS) was a huge factor.
MBIRD221 1 year ago
@cclodfe
"Ask five economists and you'll get five different answers - six if one went to Harvard."
~Edgar R. Fiedler
MBIRD221 1 year ago
Excellent job on the information, good music and good video editing!
inemtsev 1 year ago
unbelievable
bbeachbum2923 2 years ago
AMAZING
remyworldpeace 2 years ago
Good vid
IronMaiden705 2 years ago
wow! This is phenomenal!! I can't believe you understood this so well 8 months ago! A LOT more people should see this!!!
bigkyle23 2 years ago
the fuckin shits man, this sucks pile of shit / 5 stars
chriscrockersucksfuk 2 years ago
just kidding man, I dig your video, you should be proud, this actually really good and well thought out.. keep it up....
kevinmkeating 2 years ago
This has been flagged as spam show
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
NICE MAN!
FIVE STARS!
cronaldo7manchester 2 years ago
yeah times are gonna get shitty but you gotta remember life goes on and it will only hurt us if we let it hurt us
patty676 3 years ago
superbly done bro!!!!!!!!!!!
sukkee3x 3 years ago
Great song and video, Michael!
panto111 3 years ago
Great vid, someone needs to reference this on all of those "Burning down the house" pages. Open some eyes. Also, if you really want a nice explanation of the whole sub prime mess look for youtube user informedtrades. That's where I found this vid.
whythebailout 3 years ago
Well done!! That was great:)Encore!
WendyViolet1 3 years ago 2
How come that in the first days of the crisis when I tried to explain people what to do to save their economies and savings from the starving banks and the falling dollar, youtube was censoring my comments and messages? People, change your Dollars to Swiss Franks. That will get you through for a while. That is if you don't get rich because, as far as I see, Swiss Franks and Swiss stocks are going up,up,up!
shockolanu 3 years ago
The SMI is going up right now, yes.
But if the UBS can't overcome it's problems...
Well it will fall deep.
blacklocust1945 3 years ago
I wouldn't worry if I were you. Both are strong and will float more than the US market or even the EU markets. If I were from US, I'd change my dollars to CHF, then wait for the dollar to fall. Then I would change the CHF to dollars and wait for the dollar to make it's comeback. People in US should profit from this "Collapse" but, some don't understand or can't see how to make money out of nothing :D
shockolanu 3 years ago
bird, hope to see you in the streets rapping--this was quite an impressive piece-you never disappoint--big props to all its creators.
christikki 3 years ago
Very nice video just wish we could rap this problem away lol.
peace to all
GearZa 3 years ago
nice ; )
Blessings..
SWAUVE4U 3 years ago
Slick video dude... with this rap and the one about the LHC I have learned more than I do off the news. Thanks!!!
empaintball 3 years ago
I also learned more here than all the talk shows on the radio and TV. Thanks and cool video.
stinkingdog101 3 years ago
Holla from the New Haven Texas Exes. McCombs and UT-RTF up in this! Good job, guys. It all makes sense now. :)
nsilkey 3 years ago
Nice video, but you left a few key details out. Go search Cspan's website for 183818-1. The democrats being in bed with freddie and fannie, were hell bent against the republicans who warned of impending doom years ago and wanted more regulation.
What did they do when the republicans cried "Fix it before it's too late!"? They cried racism, gee go figure. So you need to add to your rap.
"Barney frank didn't want no stinking regulation. Fannie is fine, won't be no stagnation!"
MueX 3 years ago
If only the internet had existed during the Great Depression, imagine how much fun it would have been. Or wait, I mean the OTHER Great Depression. Touche.
averagejoe0073 3 years ago
very good rap!! u must be a economist as myself or a banker....
chriskill08 3 years ago
Sweet Rap! Also educational and informative! Thanks. :)
But I wonder if the bail-out will really solve the problem...hmmm, the markets are looking better.
Mercutio221 3 years ago
blargsauce approves!
blargsauce 3 years ago
Awesome Rap!
pastorOFdisaster3 3 years ago
Liberal fags can't rap!
rockinar 3 years ago
hater, u cant rap, i want to see u rap about our economy since ur such a big help to our government dumb ass
WolfPack576 3 years ago
Oh but the thing is this is just the beginning! Soon things will get crazier and then the Constitution will be attacked and hang on by thread and who will save the US and Constitution? You'll see pretty soon believe me!
antony1985 3 years ago
american cunts
bisogno69 3 years ago
Yeah I actually learned something. Great Job! And I think the lyrics/rapping are actually really good. I mean considering what you're rapping about...finance, credit default swap and the bail-out...you really made it work.
pastorOFdisaster3 3 years ago
It was informative, but the rapping was awful. You know your stuff and did a great job organizing it chronologically, but that rapping straight up blows. But if you asked me, I wouldn't say you were actually completely serious about it, though. So good job.
darksaiyajin14 3 years ago
SO AWESOME!! You clever kid, you
kayteeseaking 3 years ago
Holy Crap! This rap rocks! And actually educational too.
bootyfofree 3 years ago
Funny, but our money didn't solve it...our money made is worse. The US is just one step closer to socialism and Paulson is trying to find other moves to keep the trend going.
Smber2c 3 years ago
Awesome! Nice job.
beaktor 3 years ago
funny and smart
willpopski 3 years ago
lyrical master
soccerplayer5815 3 years ago
Hahahha! This is fricken' awesome!!
Mercutio221 3 years ago
This is rather incredible! Very funny
GrisA6 3 years ago