The Truth About the Stimulus - Rescuing the Economy

[artyfarty3]

Ha Ha Ha !!! more then a year later and how is that stimulus working out for ya ?! eh? Ha Ha Ha !!! unemployment lines any shorter ? eh?! Ha Ha Ha !!! how many working people lost their homes ? eh?! - can you tell me ? -'cos I sure can tell you how many Big Bank CEO's lost their homes , or jobs - NONE!!! . who's the big fool now ?! Heather Boushey - " he's looking at you kid ! "

[RCTPatriot75]

It wouldn't be as sad if the people that are putting out this propaganda actually believed it. They don't. They know it's BullShit. They think you are too stupid to recognize their goals. Control and World Government.

[greenitup]

chk out who funds this org. Soros?Sandler?These people have no concept, much less interest in main street. You work, they profit thru interest, dividends,Wall St.Parasites!Problem not gov't, problem is corrupt,bankrupt gov't.Wall St owns Congress.Bailout $ going to international banks. Focus on local solutions. Go to city council meetings,study city budget. You are the hero you've been waiting for.

[greenitup]

Focus on solutions.Every city, county, state can have its own credit unions,banks (no shareholders).Leverage for productive investment.Starve the corrupt big beasts,create small ones under tight leash-the people.We now pay interest to banks that create credit/money from digits (nothing). There are 2 economies:productive(goods and services) and extractive(Wall St-banks)that buys politicians, manipulates money/credit.Study Fed Reserve,banks-too big to fight but we can starve them to death.

[sds7508]

Everything the government has gotten their hands on has turned to BO. Funny how we have a new President BO. Letting government control Banks, healthcare etc is like letting a convicted child molester watch your children. Hope you enjoy your $13 dollars per week. I didn't know giving a bail out to planned parenthood, who by the way made a profit, Acorn, GE and the ACLU was supporting the average citizen. Did you know CA has 1971 pet projects like a train from LAS to Disneyland. I'm PO about BO!

[davfritz]

your dollar is about to collapse. The stimulus will not work.

[JBTG33]

Americans spend $1.16 for every $1. they earn......maybe "spending" isn't they problem. Spending money that you don't have ( both people and the government ) is a big problem.

[phoenixatom]

I love how you arbitrarily try to make it sound as though this crisis is all the American people's fault "hoarding groceries" and "hoarding money". The richest 5% of this country hoard over 60% of this countries wealth. Then there is over $2.5 trillion spent every 5 years on an already over bloated military budget (and has been spent that way for over 30 years now)...50%-75% of which is pork. Middle and Working class Americans are then allowed to fight each other over the crumbs left behind.

[phoenixatom]

lol are you kidding? the Government shovels money straight into the private industry. The majority of the military budget is spent on private contractors. Banks are mainly private industry, as is wall street...none of them seem to have done ANYTHING to help this country except steal from the mouths of children. They basically made their profits...took the money and ran. Private industry doesn't give a damn about this country, or the lives of the American people. Profit is all they care about.

[waltermh111]

that cost is paying people. Its called jobs.

So people keep their jobs administrating the services, so they can keep spending money. Sounds like money well absorbed to me.

Then you still have that food stamp that people will use as a suppliment to their meager income to spend at stores meaning more spending, which means the stores can hire more people.

So that big sum your talking about is alot better for the economy then you give credit for.

How does a non-profit help the economy so well?

[sugarpuddin88]

Every 15 months, the USA owes another trillion dollars against Gov expenses!

Prop up the bad guys with money!

Reward the mistakes & incompetence!

Weve increased the Money Supply 70% since October!!!!!

Can you imagine?!

Bernanke refused to show up the other day before congress

Altogether, the worlds markets over the past four weeks saw $11 trillion worth of assets wiped out. This sum corresponds to virtually the entire annual gross national product of the US, or the European Union

[sugarpuddin88]

Fed debt per person: $58K

Un-funded Medicare/Medicaid per person: $332K

Fed's plundered trusts per person: $30K

Un-funded SS: $166K

Every American owes: $586K for FED debt

Gov grows 4 Xs faster than economy

Fed spending grows 16 times faster than economy, (16 fold expansion in control & gov dependence)

The US gov now holds 57% share of entire National Income = Government makes more than all the money made in private sector!

How long does the USA honestly think it will last?

[waltermh111]

would have troubl figuring out where on the site to get such data, but it doesnt make much sense anyway

Do you mean how much you have to pay employees to process the food stamps or the paper the promise is printed on?

If its paying employees then your employeeing people to process the stamps, which is not $2 lost. Its $2 put into peoples pockets to do a job, but then that $1 food stamp also goes to a person who will spend that and a little more buying things, which gives more money to business

[sugarpuddin88]

The FED, acting as bartender, gives out free booze to the bankers

The banks in turn have created many fake instruments like derivatives

One quadrillion dollars is the sum of outstanding fake derivatives (fake money pledged by the wealthy banks to buy real things) 1,000,000,000,000,000 on the market, (e.g. a bank with only one real dollar can legally say it owns several billions of real dollars) The total combined assets of the world is only actually a very small fraction of that sum!

[waltermh111]

i agree with you on the banking issue, no money should have been given to the banks. trickle down simply doesnt work

[waltermh111]

oops, meant to say you should have posted the link that you got the data from instead of pulling out data that doesnt make sense out of context and telling us to hunt for data that we dont have a clue what its officially called.

Theres ways to get around youtubes linking issue.

delete the first part of the root url and at the end of the root link do (.)com for example, and it usually works

[azas1949]

try to explain this to the Repubs - they can't get past tax cuts

[daderone]

good video, could be longer, your viewers have large attention spans =)