@wolfboy183 Of all recent American presidents, Clinton was a refreshing change, not making things much worse and in terms of budget, actually doing a good job. Despite that, I rate Ron Paul much higher. Including his chance of realizing his ideals.
Bring clinton back?? I would say bring Ron Paul in. He's the only person in US politics that understands what's the problem and what needs to be done to solve it.
<American need a president that lick a beaver in WHite House rather than any other who are white or black with only mind of pushing debt into further.
@mcline007 I'm not even american. I live 30 miles from the border in canada and even here i dont feel safe >.< We got a douchebag republican for a prime minister. As soon as he rolled out his prison bill (which texas conservatives opposed), he pretty much said to Canada "PREPARE YOUR ANUS!"
Forgetting all this quarrels behind we must try to get out of debts. I think everyone must go for debt consolidation programs to consolidate their unsecured debts. Help nation by creating a healthy economy
film starts out saying "were in 10 trillion dollars in debt" yea well now we are in "16 trillion dollars in debt" ONLY 3 YEARS LATER.... and it is not abything better of an economy. war does not bankrupt us... war and social welfare programs together do. wake up america
Just look at all the money from 1967 we spent on welfare HUD which created this gang banger problem. This is why these up and coming countries dont want to be top dog.
Two wars, taxcuts, bailout. Enormous debt. Theres no possibility to start another war for controlling citizens with fear, theres no money to do that. What are they going to do now?
they did all of this on purpose and they raped the taxpayers of this country.. we are so screwed. notice aig changed their name to 21st century and are still sticking people in the ass. they know people like barney frank and bernake will not let them fail .. we are so fucked. obama has stuck it to the middle class too. he rewards stupidity with entitlements. it is not worth working hard in this country anymore.
they did all of this on purpose and they raped the taxpayers of this country.. we are so screwed. notice aig changed their name to 21st century and are still sticking people in the ass. they know people like barney frank and bernake will not let them fail .. we are so fucked
'I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.'
1. Started unnecessary wars. Some say Iraq war was to avenge his father. So this clearly was done for personal motive and not in the interest of the nation. This cost USA its international image.
2. Tax cuts and increased spending for popularity and getting reelected. This caused debt to pile up. Anyone will some common sense knows that such a policy will make people happy in short term but is extremely bad in long term.
Greetings from India. I used to believe and I still believe and its true that Indian government is corrupt, ruthlessly sold-out and incompetent. I used to think US government was perfect in all sense. But now I am beginning to think they are mishandling problems. I think they can do things much better than they are currently.
I have my own theory for US debt. USA has lot money. China has lot of money. USA keeps giving military and economic aid to foreign countries who outright hate US. eg. Pakistan. Look at China. They give loan but never aid to other countries. According to me thats why US has accumulated debt. What do you say about that?
The only problem with d explanations given in d documentary is that nothing makes sense according to common-sense or Math (no offense). Why is it dat nobody questions why is it dat our current government keeps on d borrowing spree 2 promote more illegal invasions, bombings, criminal wars, etc? What is going on with this Media redirecting attention from what is relevant? This is d trick of d magicians-illusionists. D answer is d Hidden Agenda of The Elite (that will pull d Rug when time comes).
bush the snake, they cutted the taxes to give the illusion for americans they could spend and buy homes then the central fed rotshcild bank injected lots money into economy almost free then they made trillion selling mortages and loaning money with gov backing them up kniowing the buble would pop after it did the rotschilds banks bought and destroyd the competition for pennys while receiving trillion in loans and bail outs, biggest scam since the napolean war when they bought the uk
japan ows money but its debt is owned by japanese, and they also own american tresurys thast will pay more and more ass interest will rise in the future
Americans have the lowest tax rate in the world, they dont even have GST, maybe a business to business tax, but thats ridiculously low.. and they have the largest social wealth fare system, (particularly the medical system E), the largest military.. >.< living beyond their means ? .. oh well not as bad as Japan..
Japan owes 11 trillion, and counting.. alas, unlike America, 95% of that is domestically owned.. meaning, it wasnt cause a great cataclysm.. but it will strangle us alive.. for a good couple of decades.. wait, this is, the 3rd lost decade..
bush destroyed usa economy obama belongs to same team they hijacked usa gov, this hole started with 911 witch was an inside job right after the started the big spending they just eeded a way to convince tax payers to give them all the power they wanted to rob them ad make war with the planet why, because wars are big bucks for corps and banks, americans dont get that the fed is taking american debt this means rotschilds own america more then china
ppl dont get this in the usa, the rotschilds not only bankrupt usa they bankrupted europe and using the usa as base and fooling the ameicans they are waging war in whole world just put put the zionist jews there, americans dont even ask why they have to pay taxes to private bank like fed, or why riochest country in the planet is the most bankrupt, dont wake now and fight and your finished, might be a 3 ww because of this hole usa got the world in, the usa is making world poorer
americans are such pussys their country could be the greates more advanced in the world they wouldnt even need to be in wars to steal oil, all that money for military could have been used in finding ways to travel to galaxy to use in education etc, but americans are too fat and dumb to fight and end the fed and all the zionist jews who control the usa they will strip americans out of their dignity sover. education even food resources etc, usa is being used to menace rest of planet
Blaming this fiasco on Obama is like saying 'that last McDonalds hamburger caused his heart attack', what utter nonsense. Rather go back and see the spending from the Bush admin and the Tax cuts you love so much but with increased spending. In the USA racism is more of a problem than here in the RSA and I must be honest, we have come further as a nation in 15 years than the USA in 40 years...
I think this recession is great. We've become so ungrounded as humans corporate globalisation is destroying this planet and enslaving it's people in an all work no play way. What's the worst that could happen if the word stock market completely collapsed and everyone became unemployed. Everyone would have to farm and grow their own organic food, take it easy, play with their kids and enjoy old age not suffer from cancers and heart disease. Sounds good to me.
If the Bush had continued to follow the Clinton model of 4 years of budget surpluses for his 8 years then the US and the world would have been enjoying a greater standard of living and the US would have had the means to do so much good in the world via PEACEFUL and JUST means. But Bush destroyed the US economy and the spirit of its people. 9/11 was no justification for invading Iraq and anyone with knowledge of Afghan history would not have tried to change them by force. Bush lost the US empire.
The US is one nation but it's taxpayers are paying for its military to "protect/police" many more nations. That is unsustainable. You pay Israel billions every year, station troops in many nations around the world, and have wars in Afghanistan and Iraq -all paid for by ONE set of taxpayers. CRAZY. There is no need for a nation to spend so much more than it earns in revenues. Cut money to the military, to Israel, tax cuts to the rich and select industries. Make govt SMALLER. Get out of the way.
The US had a budget surplus under Pres Bill Clinton. Then along came G.W. Bush and spent all that and lots more on totally unnecessary wars. The Arab uprisings have proven that the US would have had more success if it had used local groups inside Iraq and the internet. A peaceful, people driven, much less costly, much fewer deaths approach. But NO, the US military industries and oil companies stole taxpayers money. The US is a corporate democracy, not a peoples one. US debt makes us all suffer
America spent 685 BILLION in 2010 on their military, and with interest, that is going to cost them 1.2 trillion. Fucking dumbasses.
Trying to decipher their spending charts, since the 2001 attacks, they've spent ( including interest ) over 8 trillion dollars on their military. And they wonder why it takes 3 days to get water into one of their own states during a disaster, they have no money invested anywhere else. Enjoy working for the Chinese
...interesting how America is in debt..and yet sports players, entertainers, movie stars, singers and bands can still get paid insane amounts of money ...that's what's wrong with America among many things..
Without the truth, there can be no real morality, justice, equality, success, freedom, love, security, peace, spirituality or even survival. Without the truth mankind is lost and heading for certain disaster in the near future. Go to TruthContest(dot)com, open The Present, and read what it says to learn the truth.
If 9/11 had never happened, Bush's tax cut strategy would have had better chances of success. Since 9/11 our nation HAD to spend a lot of money to protect against terrorism. Unfortunately, Bush may have pushed his efforts a little too far in his second term. When Clinton was president, balancing the budget was practical. Unfortunately, balancing the budget is now about impossible. While Bush made mistakes, I believe the unexpected 9/11 ruined his efforts. Obama made Bush's mistakes even bigger.
The US Government, as a currency ISSUER, cannot go bankrupt. The Treasury long bond, in the mid 1990's yielded around 6% (my memory is a bit on the shaky side on this one). The federal debt @ that point was about 40% of GDP.
Today it yields 4-4.5%. If the government could go bankrupt (technically it cannot) it would not be able to borrow at such favorable rates.
@moneybagzz I agree totally , these idiots like peter schiff say we will go bankrupt , which is totally laughable . These idiots like schiff and ron paul are like parrots . What we need to do now is attack iran , i am convinced they are planning to attack israel . And need to commondeer the oil of iraq to get paid back for liberating them , i am sick and tired of socialists .
@sprylama > if the US Govt has the ability to print money, and it chooses to do so to pay its bills (without corresponding offsets) the deflated dollars w/ which it pays its debt will be considered by some to be a form of default, even if it is not an outright non-payment of money owed. Peter Schiff and Ron Paul are sounding the warning bells in order to prevent that from happening.
@sprylama As far as Iran / Iraq goes, letting Iraq sell its oil (I am led to believe their infrastructure needs improvement for this to occur) will relieve global supply pressures; Iran is an entirely different story. I hate to say it but, after having dealt w/ bullies in my life, they exhibit classic bully behavior, and the reluctance of the US (and Europe) to let slip the dogs of war is what encourages their behavior. Although conflict should be avoided, it may be inevitable.
@moneybagzz no Iraq in 2000 switched to Euros for oil transcations, after the invasion the first thing the US did was switch it back to $. other nations are now looking at trading oil against gold as did Libya.sayng you have dealt with bullies all your life is meaningless - the US skirmished with Iran in the 80s shot down an Iranian airliner by mistake, props up Israel the biggest bully in the ME. Europe will not be so stupid as to follow the US into another oil protecting war.
@moneybagzz so go ahead the US will be totally fooked instead it should be using its huge resources to produce alternative fuel energy which has been prototyped for years but no it wont.
@sprylama of course a government can go bankrupt go look them up-attack Iran? your stretched as it is and Iran will be no pushover, with no end in sight for Iraq,Afghanistan,Libya,???they are not going to attack Israel with its 150 uninspected nukes?more like the Israelis want the US to do its dirty work.
you did not liberate Iraq you invaded to protect the petrodollar and the WMD was a lie - plus you supported SH for decades as you also supported OSBL and W invited the Taliban to the US in 07
@sprylama commonderring the nations reserve is not liberating? monopolising its resource is a contradiction of terms-pretty stupid one at that and what has socialism got to do with it.if your sick of them so what and its hardly a socialist foreign policy you are proposing with this level of thought no wonder the US government can feed joe public anything it wants. its iraqs oil not yours you had no business going in their other than to protect the USD.you muppets were happy to prop him up.
Blame it all on Regan, he was so paranoid he had to blow $3 trillion on military spending and his failed "Star War" program. I don't know why republicans like him, I thought they had common scene?
You see the grin on the faces of those fat cats. Such greed, knowing their wallets will get fatter, while America borrows from China to pay social security.
President Hussein "Owe"bama only knows how to redistribute wealth and spend money like a madman. His accomplice is the Federal Reserve as Federal as Federal Express. The Dollar will collapse. The time is ticking. I would start buying gold, silver, food, water, and other supplies (guns and ammo). It's going to get ugly. I fled the country and will probably renounce my citizenship soon. The US is the USSA.
Hey man, i know how you feel here in your post and i agree with you, you need to get prepaired for whats coming but you might consider not renouncing your citizenship as you can live somewhere else if you chose but once you renounce it, its very difficult to get it back and you loose everything. If america does go belly up so will the rest of the world but i bet the americans people will be the first to bonce back and you might need to come back here one day. Dont do something you don't have to
@msungs haha fear-monger..we are out of the crisis. things take time.Obama and his team are not magicians you know.. but jobs are coming back and confidence in the stock market is starting to come back.
@Greyhawkism Search harder, be innovative, try a new trade or somethinng..make things happen dude!!! Life is tough buddy, financial crisis or not. oh yeah open a store and sell chinese furniture for a higher price to americans...come on thats a pretty profitable job?
this is such BS. the money was willingly and knowingly spent and is continually being spent on the military - OVER HALF THE TOTAL BUDGET GOES TO THE MILITARY - and do not forget the (bought) senators and all other people milking the system, just looking for a way to get as much money out of the system for themselves. Senators making in a year what normal people make in a lifetime or more. Sick. And the worst of all is that this is carefully planned. Search on illuminati.
@tehuan1 You need cash for war, the military is now broken and begging 60 billion from congress to help them debit the war which they borrow the money from or if they couldn't borrow the money inflate it. This is not a zero sum game, continuing over bloating the military means the money have to come from somewhere, that means in the future be prepared for a drastic diminishing of standards of living, and brace yourselves for Fascism, Hitler redux part 2.
The US today is like the Roman Empire nearing its end. The next step will be either one of two things, revolution or demise. Whichever way it goes, it'll be better for the world. No more Americans eating from the world and paying for it with promises.
The people who blame EVERYTHING on Bush are nothing but complete fucking IDIOTS. Was Bush the best president we ever had? No. Was he the worst president we ever had? No. You libs can blame Bush all you want but the numbers don't lie. Obama's burning through money faster than Bush ever had. Bush actually looks thrifty compared to the messiah from Chicago. But I suppose it's Bush's fault that Obama's spending money right? Give me a fucking break you uneducated, reckless, belligerent fools.
@FreeAmericanRepublic perhaps the issue is the state of the country that was left to the next administration. You seem to ignore the simple fact that you inherit the problems of the prior government. The slate is not wiped clean the moment you walk into the oval office.
How does Obama and Democratic congress explain the $7.9 Trillion in new debt issued in 2010? That's two years after getting elected president and 4 years since democrats took over house and congress. Read about it at occ treas gov and gao gov and cbo gov. This is Obama and Democratic debt and Bush and Republican debt. Four Dead Beats being wrong don't make one right! DEAD BEATS!
the sick man of asia is growing full speed ahead and america is fighting amongst themselves...mexicans,muslim,blacks, too many problems for america when it comes to the citizens...americans will never get along because the government has to be careful with its policies and the citizens dont like each others beliefs and culture....hahahahahahahahahahahahahahahahahahahahahahahahahahaahahahahahahahahahahahahhahahahahah....take care my children
what goes around comes around....hahahahahaha....complaint and moan all u want guys but the sick man of asia is beating america with jus a pen,paper and a humble smile...its called the smile of death...hahahahahahahahah
get ready cause everybody thinks will be out of this and get to buying again. more cars and more houses and it doseint matter cause will vote for more dumbshits. in reality even if we vote for the right guy will still have 30 years of hell cause of the stupid suburbannites
@EdwardRommel Well then I guess you can't call them American jobs...and really? If that's the way Americans feel, then why keep shopping from Wal-Mart? Do you think they'd rather pay you to manufacture consumer goods or buy them cheaper from China?
It's the same thing with Canada...many Ford and GM cars are made in Canada...for now...until NAFTA sends those plants to Mexico.
Canada has its own problems with unemployment and job outsourcing as does Europe and everyone else. Naturally global companies are going to go to the source of cheapest labor.
But things eventually will start to balance as the poorer countries like India and China begin to buy goods from Europe, Canada and the US.
@y2shan1234 We americans also bailed Europe out of two wars we really had no business fighting maybe if England had a pair, they wouldnt of had to call us for help when Hitler was diggin into that ass. But nobody in Europe said we should be over in Germany..lol..it's so funny how history is so easily forgotten!!
@y2shan1234 well...eating and fucking are two things that every human does...or at least i hope XD and you may have forgotten such things as the space shuttle,computer,TV,Radio,liquid fueled rocket,airplane,escalator,skyscraper,etc.,etc.,etc. those are also things that we can do XD
Now that's just Insane. How the hell would that be enough to feed you lot!. It might be enough to feed them fat fuck New Yorkers... but even that's pushing It.
rehabls.... fuck you asshole you know absolutely nothing ... you judge all Americans to be fat and i highly doubt you have ever been to the US.... where the hell are you from i bet you America is a better country
@RehabIsForQuitterss "if u liposucked all the fat out of those fatass americans"... you stated it right there dipshit.... you are probably an ignorant fatass who sits at home judging other people from what you see on CNN
@PresentAssassin sorry mate been to the states plenty of times but a huge percentage of you whilst not all morbidly obese are overweight and chronic healthcare issues are rising faster now.
@MrTet68 oh wow where fo you hail from? Mr. Jesus Christ have you come down from your Utopia to tell all us evil Americans how fat and stupid we are? Thank you for enlightening me on how stupid I am because I was born somewhere on the world, while at the same time you are the type of person who will tell yourself how unbiased and pure you are
@PresentAssassin Thats incorrect - I also did not say you are all stupid or evil but your population as a % have chronic health issues starting with obesity related illnesses causing huge problems and most of my American friends who are senior or ex officers in the military medical branches or in US medicine have stated. Anyone who has visited the US regulary can see that. Plus I dont consider myself unbiased or pure in any sense but as you dont know me its not an objective comment.
@PresentAssassin As to the second point -I live on the shores of lake Zurich,Switerland and it has the highest standard of living in the world.No Ghettos or Rednecks.Try visiting if you are one of the 5% with a passport to judge for yourself and see how few few fat teenagers and adults we have. You dont get it ,China and Russia are soon to trade outside the USD and more nations are now trading oil in Euros. The US after getting rid of Saddam switched trading Iraqs oil back in USD.
@PresentAssassin Bushes tax cuts for the rich and borrowing for 2 wars which destroyed the Clinton surpluses.Printing $s and selling debt bonds to exist will fail to eventualy reassure China that the $ bonds they are buying and holding are not worthless. Once the world starts looking at trading in Euros for oil the US will be screwed as it cannot print Euros. You have 5% of the worlds pop and consumed 25% of its resources. You cannot pay your interest.
@PresentAssassin Go figure it out for yourself an unhealthy and ignorant population ( i,e not giving them the full picture) is easier to control and con into Iraq. The level of global knowledge most Americans exhibit is shocking and thats more objective to an outsider. As to saying you are evil etc thats you talking bollocks. Most of my American friends share the same sentiments and I have nothing but for praise for American hospitality and openess.
@PresentAssassin Your problems are economically untenable, your population is either uninsured,or now debt bound by the new medicare legislation yet you spend 2X as much on healthcare as other developed nations,have the highest obesity rates in the world - fact as well as the associated chronic illnesses. You are stuck in 2 wars, a collapsed housing market, 10million unemployed, a huge military that is unsustainable and nations moving away from the USD.
@PresentAssassin Therein lies the tragedy:I am not berating you- it breaks my heart to see US Politcians only helping the interest of the rich economically. The US is a fantastic place to visit, but your jobs are being outsourced everyday by CEOs and you dont manufacture any real consumer products like Germany or Japan. The rail infrastructure is poor and logistics totally dependent on vehicles i.e oil-if you cannot pay for the latter in petro dollars the US will collapse like the USSR.
@richie2910 it isn't his fault it is the Amarican ppl smiling and knowing that we have no money for a tax cut but their greedy and want this anyways instead of saying no thank you we will sacrifice the money and give it to the debt that we have on our hands now.
@richie2910 What's the difference between Him and Obama? (aside from the fact that one is wearing a brightly colored Donkey sticker, and the other an Elephant)
@Andreano123 No he isn't. It is not Obama. It was not Bush. It's CONGRESS. Neither side (left or right) really care about the debt because they know the public won't bother to complain about it and know that the taxpayer money will ALWAYS be there.
@robert140602 No dumbass, I hate Bush too, but get your facts right... We had trillions of dollars of increasing debt before Bush came into the picture.
Don't forget also Iran, they want to dump U S dollar. But the fucking Monarchy from Jordan to Saudi are licking the sunset U S dollar. Wait on Nov. 09 more surprise...
@wolfboy183 Of all recent American presidents, Clinton was a refreshing change, not making things much worse and in terms of budget, actually doing a good job. Despite that, I rate Ron Paul much higher. Including his chance of realizing his ideals.
damarauder 1 month ago
Bring clinton back?? I would say bring Ron Paul in. He's the only person in US politics that understands what's the problem and what needs to be done to solve it.
damarauder 1 month ago
@damarauder yeah but Clinton actually cleaned up GHW Bush's messed. Who knows what Ron Paul would be able to do?
Wolfboy183 1 month ago
<American need a president that lick a beaver in WHite House rather than any other who are white or black with only mind of pushing debt into further.
gigalin 1 month ago
If Americans had brains they would bring Clinton back. Of course, they dont....so we can expect a Bush back
mcline007 1 month ago
America is in deep shit. You Americans are screwed.
However, amazingly you still want to bring Republicans back haha...u gotta be an American
mcline007 1 month ago
@mcline007 I'm not even american. I live 30 miles from the border in canada and even here i dont feel safe >.< We got a douchebag republican for a prime minister. As soon as he rolled out his prison bill (which texas conservatives opposed), he pretty much said to Canada "PREPARE YOUR ANUS!"
Wolfboy183 1 month ago
America is very expensive to be rich and to be broke at the same times.
moistfaucet 1 month ago
You can always tell a neighbourhood has passed the point of return when the blacks can afford to move in.....
I just never imagined it would happen so soon in certain areas of Washington DC.
Just keep borrowing from the Chinese.....that will solve ALL the problems.
fatparrot66 1 month ago
@fatparrot66 u are a dumb ass, i hope u get cancer pecker wood
TennesseeKang 1 month ago
Forgetting all this quarrels behind we must try to get out of debts. I think everyone must go for debt consolidation programs to consolidate their unsecured debts. Help nation by creating a healthy economy
debtcc 2 months ago
film starts out saying "were in 10 trillion dollars in debt" yea well now we are in "16 trillion dollars in debt" ONLY 3 YEARS LATER.... and it is not abything better of an economy. war does not bankrupt us... war and social welfare programs together do. wake up america
831363 2 months ago
settle the Debt you are all be fine....don't do finger pointing. decision have been made. will not change anything.
moistfaucet 2 months ago
its not the presidents job to fix economy.
Just look at all the money from 1967 we spent on welfare HUD which created this gang banger problem. This is why these up and coming countries dont want to be top dog.
ucf1999 2 months ago
Two wars, taxcuts, bailout. Enormous debt. Theres no possibility to start another war for controlling citizens with fear, theres no money to do that. What are they going to do now?
kakkatikkari 3 months ago
Whose money?
TheTruwomanShow 3 months ago
they did all of this on purpose and they raped the taxpayers of this country.. we are so screwed. notice aig changed their name to 21st century and are still sticking people in the ass. they know people like barney frank and bernake will not let them fail .. we are so fucked. obama has stuck it to the middle class too. he rewards stupidity with entitlements. it is not worth working hard in this country anymore.
tonytonytee 4 months ago
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they did all of this on purpose and they raped the taxpayers of this country.. we are so screwed. notice aig changed their name to 21st century and are still sticking people in the ass. they know people like barney frank and bernake will not let them fail .. we are so fucked
tonytonytee 4 months ago
This has been flagged as spam show
Quote of the Week
'I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.'
Thomas Jefferson 1802
rainearoha 4 months ago
Bush has done twin prong damage to USA
1. Started unnecessary wars. Some say Iraq war was to avenge his father. So this clearly was done for personal motive and not in the interest of the nation. This cost USA its international image.
2. Tax cuts and increased spending for popularity and getting reelected. This caused debt to pile up. Anyone will some common sense knows that such a policy will make people happy in short term but is extremely bad in long term.
speak2sam 5 months ago
Greetings from India. I used to believe and I still believe and its true that Indian government is corrupt, ruthlessly sold-out and incompetent. I used to think US government was perfect in all sense. But now I am beginning to think they are mishandling problems. I think they can do things much better than they are currently.
speak2sam 5 months ago
I have my own theory for US debt. USA has lot money. China has lot of money. USA keeps giving military and economic aid to foreign countries who outright hate US. eg. Pakistan. Look at China. They give loan but never aid to other countries. According to me thats why US has accumulated debt. What do you say about that?
speak2sam 5 months ago
The only problem with d explanations given in d documentary is that nothing makes sense according to common-sense or Math (no offense). Why is it dat nobody questions why is it dat our current government keeps on d borrowing spree 2 promote more illegal invasions, bombings, criminal wars, etc? What is going on with this Media redirecting attention from what is relevant? This is d trick of d magicians-illusionists. D answer is d Hidden Agenda of The Elite (that will pull d Rug when time comes).
VolodiaTheElder 5 months ago
bush the snake, they cutted the taxes to give the illusion for americans they could spend and buy homes then the central fed rotshcild bank injected lots money into economy almost free then they made trillion selling mortages and loaning money with gov backing them up kniowing the buble would pop after it did the rotschilds banks bought and destroyd the competition for pennys while receiving trillion in loans and bail outs, biggest scam since the napolean war when they bought the uk
ukusapillage 5 months ago
japan ows money but its debt is owned by japanese, and they also own american tresurys thast will pay more and more ass interest will rise in the future
ukusapillage 5 months ago
Americans have the lowest tax rate in the world, they dont even have GST, maybe a business to business tax, but thats ridiculously low.. and they have the largest social wealth fare system, (particularly the medical system E), the largest military.. >.< living beyond their means ? .. oh well not as bad as Japan..
teddythebenny 5 months ago
Japan owes 11 trillion, and counting.. alas, unlike America, 95% of that is domestically owned.. meaning, it wasnt cause a great cataclysm.. but it will strangle us alive.. for a good couple of decades.. wait, this is, the 3rd lost decade..
teddythebenny 5 months ago
Comment removed
wizzzer1337 6 months ago
bush destroyed usa economy obama belongs to same team they hijacked usa gov, this hole started with 911 witch was an inside job right after the started the big spending they just eeded a way to convince tax payers to give them all the power they wanted to rob them ad make war with the planet why, because wars are big bucks for corps and banks, americans dont get that the fed is taking american debt this means rotschilds own america more then china
ukusapillage 6 months ago 2
ppl dont get this in the usa, the rotschilds not only bankrupt usa they bankrupted europe and using the usa as base and fooling the ameicans they are waging war in whole world just put put the zionist jews there, americans dont even ask why they have to pay taxes to private bank like fed, or why riochest country in the planet is the most bankrupt, dont wake now and fight and your finished, might be a 3 ww because of this hole usa got the world in, the usa is making world poorer
ukusapillage 6 months ago
americans are such pussys their country could be the greates more advanced in the world they wouldnt even need to be in wars to steal oil, all that money for military could have been used in finding ways to travel to galaxy to use in education etc, but americans are too fat and dumb to fight and end the fed and all the zionist jews who control the usa they will strip americans out of their dignity sover. education even food resources etc, usa is being used to menace rest of planet
ukusapillage 6 months ago
American, love to spent but don't like to pay.
moistfaucet 6 months ago
Collapse is inevitable.
blkhat117 6 months ago
NO!!! 15,000,000,000,000 and counting.
blkhat117 6 months ago
Blaming this fiasco on Obama is like saying 'that last McDonalds hamburger caused his heart attack', what utter nonsense. Rather go back and see the spending from the Bush admin and the Tax cuts you love so much but with increased spending. In the USA racism is more of a problem than here in the RSA and I must be honest, we have come further as a nation in 15 years than the USA in 40 years...
neps005 6 months ago
My dear fellow Americans: Once you go black ... your credit goes bad. :X
rockotto727 6 months ago
@rockotto727 Kinda like the term guns kill. The gun or the credit card has to be in your hand for it to work for you our agianst you.
JimmyGunXD556 6 months ago
PROBLEM IS IN FREEMASONRY NOT IN THE GOVERNMENT, THEY RULE EVERYTHING SECRETLY!!!
clarifaco 6 months ago
I think this recession is great. We've become so ungrounded as humans corporate globalisation is destroying this planet and enslaving it's people in an all work no play way. What's the worst that could happen if the word stock market completely collapsed and everyone became unemployed. Everyone would have to farm and grow their own organic food, take it easy, play with their kids and enjoy old age not suffer from cancers and heart disease. Sounds good to me.
TheCheese4450 6 months ago
If the Bush had continued to follow the Clinton model of 4 years of budget surpluses for his 8 years then the US and the world would have been enjoying a greater standard of living and the US would have had the means to do so much good in the world via PEACEFUL and JUST means. But Bush destroyed the US economy and the spirit of its people. 9/11 was no justification for invading Iraq and anyone with knowledge of Afghan history would not have tried to change them by force. Bush lost the US empire.
spankalicous 7 months ago
The US is one nation but it's taxpayers are paying for its military to "protect/police" many more nations. That is unsustainable. You pay Israel billions every year, station troops in many nations around the world, and have wars in Afghanistan and Iraq -all paid for by ONE set of taxpayers. CRAZY. There is no need for a nation to spend so much more than it earns in revenues. Cut money to the military, to Israel, tax cuts to the rich and select industries. Make govt SMALLER. Get out of the way.
spankalicous 7 months ago
The US had a budget surplus under Pres Bill Clinton. Then along came G.W. Bush and spent all that and lots more on totally unnecessary wars. The Arab uprisings have proven that the US would have had more success if it had used local groups inside Iraq and the internet. A peaceful, people driven, much less costly, much fewer deaths approach. But NO, the US military industries and oil companies stole taxpayers money. The US is a corporate democracy, not a peoples one. US debt makes us all suffer
spankalicous 7 months ago
America spent 685 BILLION in 2010 on their military, and with interest, that is going to cost them 1.2 trillion. Fucking dumbasses.
Trying to decipher their spending charts, since the 2001 attacks, they've spent ( including interest ) over 8 trillion dollars on their military. And they wonder why it takes 3 days to get water into one of their own states during a disaster, they have no money invested anywhere else. Enjoy working for the Chinese
00StangGT00 7 months ago
...interesting how America is in debt..and yet sports players, entertainers, movie stars, singers and bands can still get paid insane amounts of money ...that's what's wrong with America among many things..
moviebuff383 7 months ago
Without the truth, there can be no real morality, justice, equality, success, freedom, love, security, peace, spirituality or even survival. Without the truth mankind is lost and heading for certain disaster in the near future. Go to TruthContest(dot)com, open The Present, and read what it says to learn the truth.
DemianHermann 8 months ago
If 9/11 had never happened, Bush's tax cut strategy would have had better chances of success. Since 9/11 our nation HAD to spend a lot of money to protect against terrorism. Unfortunately, Bush may have pushed his efforts a little too far in his second term. When Clinton was president, balancing the budget was practical. Unfortunately, balancing the budget is now about impossible. While Bush made mistakes, I believe the unexpected 9/11 ruined his efforts. Obama made Bush's mistakes even bigger.
MONOPOLY35 8 months ago
good old america.. u digged a hole, all the way to china..
teddythebenny 8 months ago
This is "Ten Trillion and Counting" on Frontline.
Junglist562 9 months ago
US$14 Trillion and counting! To pay the debt, you'll need to squeeze US$42,000 out of every American man, woman and child.
RoniCMaster 9 months ago
Rise TAX to 50%
kenton888kkk 9 months ago
The US Government, as a currency ISSUER, cannot go bankrupt. The Treasury long bond, in the mid 1990's yielded around 6% (my memory is a bit on the shaky side on this one). The federal debt @ that point was about 40% of GDP.
Today it yields 4-4.5%. If the government could go bankrupt (technically it cannot) it would not be able to borrow at such favorable rates.
moneybagzz 10 months ago
@moneybagzz I agree totally , these idiots like peter schiff say we will go bankrupt , which is totally laughable . These idiots like schiff and ron paul are like parrots . What we need to do now is attack iran , i am convinced they are planning to attack israel . And need to commondeer the oil of iraq to get paid back for liberating them , i am sick and tired of socialists .
sprylama 10 months ago
@sprylama > if the US Govt has the ability to print money, and it chooses to do so to pay its bills (without corresponding offsets) the deflated dollars w/ which it pays its debt will be considered by some to be a form of default, even if it is not an outright non-payment of money owed. Peter Schiff and Ron Paul are sounding the warning bells in order to prevent that from happening.
moneybagzz 10 months ago
@sprylama As far as Iran / Iraq goes, letting Iraq sell its oil (I am led to believe their infrastructure needs improvement for this to occur) will relieve global supply pressures; Iran is an entirely different story. I hate to say it but, after having dealt w/ bullies in my life, they exhibit classic bully behavior, and the reluctance of the US (and Europe) to let slip the dogs of war is what encourages their behavior. Although conflict should be avoided, it may be inevitable.
moneybagzz 10 months ago
@moneybagzz no Iraq in 2000 switched to Euros for oil transcations, after the invasion the first thing the US did was switch it back to $. other nations are now looking at trading oil against gold as did Libya.sayng you have dealt with bullies all your life is meaningless - the US skirmished with Iran in the 80s shot down an Iranian airliner by mistake, props up Israel the biggest bully in the ME. Europe will not be so stupid as to follow the US into another oil protecting war.
MrTet68 9 months ago
@moneybagzz so go ahead the US will be totally fooked instead it should be using its huge resources to produce alternative fuel energy which has been prototyped for years but no it wont.
MrTet68 9 months ago
@sprylama of course a government can go bankrupt go look them up-attack Iran? your stretched as it is and Iran will be no pushover, with no end in sight for Iraq,Afghanistan,Libya,???they are not going to attack Israel with its 150 uninspected nukes?more like the Israelis want the US to do its dirty work.
you did not liberate Iraq you invaded to protect the petrodollar and the WMD was a lie - plus you supported SH for decades as you also supported OSBL and W invited the Taliban to the US in 07
MrTet68 9 months ago
@sprylama commonderring the nations reserve is not liberating? monopolising its resource is a contradiction of terms-pretty stupid one at that and what has socialism got to do with it.if your sick of them so what and its hardly a socialist foreign policy you are proposing with this level of thought no wonder the US government can feed joe public anything it wants. its iraqs oil not yours you had no business going in their other than to protect the USD.you muppets were happy to prop him up.
MrTet68 9 months ago
14.5 T and counting
vlada881 10 months ago
it's so serious.
XxXAngelOfPainXxX 11 months ago
Blame it all on Regan, he was so paranoid he had to blow $3 trillion on military spending and his failed "Star War" program. I don't know why republicans like him, I thought they had common scene?
GunsOfThePhoenix 11 months ago
Man these East Asians and Middle Eastern should stop financing these American pigs.
ToiYeuDatNuocCuaMinh 1 year ago
this is what happening when the gov. spends on fake war
mabocha 1 year ago 9
NO Federal reserve, NO debt .PERIOD.
This biast video makes the people look like lazy idiots. The real problem is too much regulation. People need businesses, not more taxes.
nh2600 1 year ago
Presidents=Puppets
HoodSick 1 year ago
You see the grin on the faces of those fat cats. Such greed, knowing their wallets will get fatter, while America borrows from China to pay social security.
JohnnyRock2000 1 year ago
President Hussein "Owe"bama only knows how to redistribute wealth and spend money like a madman. His accomplice is the Federal Reserve as Federal as Federal Express. The Dollar will collapse. The time is ticking. I would start buying gold, silver, food, water, and other supplies (guns and ammo). It's going to get ugly. I fled the country and will probably renounce my citizenship soon. The US is the USSA.
msungs 1 year ago
Hey man, i know how you feel here in your post and i agree with you, you need to get prepaired for whats coming but you might consider not renouncing your citizenship as you can live somewhere else if you chose but once you renounce it, its very difficult to get it back and you loose everything. If america does go belly up so will the rest of the world but i bet the americans people will be the first to bonce back and you might need to come back here one day. Dont do something you don't have to
jackwiley1 1 year ago
@msungs haha fear-monger..we are out of the crisis. things take time.Obama and his team are not magicians you know.. but jobs are coming back and confidence in the stock market is starting to come back.
sstruyf89 1 year ago
@sstruyf89 Good. now where the hell is my job? I already know the answer to that. In China! Fat lot of good that does me now!
Greyhawkism 10 months ago
@Greyhawkism Search harder, be innovative, try a new trade or somethinng..make things happen dude!!! Life is tough buddy, financial crisis or not. oh yeah open a store and sell chinese furniture for a higher price to americans...come on thats a pretty profitable job?
sstruyf89 10 months ago
When other countries stop loaning money to the US that will be the day when the Us only lives on in history books
yurik19881 1 year ago
bush is the only US president to turn a surplus into a huge deficit and a fail economy. Bush=big fail
vk45de 1 year ago
Obama's a thoroughly decent person and from the looks of it he hasn't lied yet.
But Obama's has little financial know-how. He can't fix the problem we're in.
MondoBeno 1 year ago
this is such BS. the money was willingly and knowingly spent and is continually being spent on the military - OVER HALF THE TOTAL BUDGET GOES TO THE MILITARY - and do not forget the (bought) senators and all other people milking the system, just looking for a way to get as much money out of the system for themselves. Senators making in a year what normal people make in a lifetime or more. Sick. And the worst of all is that this is carefully planned. Search on illuminati.
instantcarma2000 1 year ago
dollar bill is full of satanic symbols
YAHWEHisperfect 1 year ago
to me EVERY country has a problem no matter how they look at it ... So America isn't the only country to face "real challenges"
stacier333 1 year ago
you know what bothers me, the fact that this video has 5,209 views. How sad.
pureperil 1 year ago
us owns the world by force,,like every empire,,,and it owns oil
..oil is the blood of your very life style,,,americas collaspe will be worldly felt,,,a couple of generations will starve.
babysuggar 1 year ago
America needs another war, iran or venezuela, or both...?
tehuan1 1 year ago
@tehuan1 You need cash for war, the military is now broken and begging 60 billion from congress to help them debit the war which they borrow the money from or if they couldn't borrow the money inflate it. This is not a zero sum game, continuing over bloating the military means the money have to come from somewhere, that means in the future be prepared for a drastic diminishing of standards of living, and brace yourselves for Fascism, Hitler redux part 2.
strongbadassman 1 year ago
The US today is like the Roman Empire nearing its end. The next step will be either one of two things, revolution or demise. Whichever way it goes, it'll be better for the world. No more Americans eating from the world and paying for it with promises.
RoniCMaster 1 year ago
The people who blame EVERYTHING on Bush are nothing but complete fucking IDIOTS. Was Bush the best president we ever had? No. Was he the worst president we ever had? No. You libs can blame Bush all you want but the numbers don't lie. Obama's burning through money faster than Bush ever had. Bush actually looks thrifty compared to the messiah from Chicago. But I suppose it's Bush's fault that Obama's spending money right? Give me a fucking break you uneducated, reckless, belligerent fools.
FreeAmericanRepublic 1 year ago
@FreeAmericanRepublic perhaps the issue is the state of the country that was left to the next administration. You seem to ignore the simple fact that you inherit the problems of the prior government. The slate is not wiped clean the moment you walk into the oval office.
1dschamp 1 year ago
@FreeAmericanRepublic Did you watch this?
Ladiestreat 1 year ago
I think Obama cant count....
kagoshimadavid 1 year ago
How does Obama and Democratic congress explain the $7.9 Trillion in new debt issued in 2010? That's two years after getting elected president and 4 years since democrats took over house and congress. Read about it at occ treas gov and gao gov and cbo gov. This is Obama and Democratic debt and Bush and Republican debt. Four Dead Beats being wrong don't make one right! DEAD BEATS!
myHome109 1 year ago
the sick man of asia is growing full speed ahead and america is fighting amongst themselves...mexicans,muslim,blacks, too many problems for america when it comes to the citizens...americans will never get along because the government has to be careful with its policies and the citizens dont like each others beliefs and culture....hahahahahahahahahahahahahahahahahahahahahahahahahahaahahahahahahahahahahahahhahahahahah....take care my children
Tofi684 1 year ago
obama and bush are relatives and the goverment dont care about nothing except the elite
iisadoraf 1 year ago
what goes around comes around....hahahahahaha....complaint and moan all u want guys but the sick man of asia is beating america with jus a pen,paper and a humble smile...its called the smile of death...hahahahahahahahah
Tofi684 1 year ago
this will not change any thing because u know why .....people will watch this and go out after thisand spend their way into a whole
kadeem121 1 year ago
get ready cause everybody thinks will be out of this and get to buying again. more cars and more houses and it doseint matter cause will vote for more dumbshits. in reality even if we vote for the right guy will still have 30 years of hell cause of the stupid suburbannites
leboharold 1 year ago
bloody americans.....you people only know how to eat and how to fuck
y2shan1234 2 years ago 29
@y2shan1234 When did the Amies learn to fuck?
Norguy77 1 year ago
@y2shan1234 where are you from?
stacier333 1 year ago
Comment removed
hocobo 1 year ago 2
@y2shan1234
Unfortunately a lot of American jobs have been outsourced to India.
EdwardRommel 1 year ago
@EdwardRommel Well then I guess you can't call them American jobs...and really? If that's the way Americans feel, then why keep shopping from Wal-Mart? Do you think they'd rather pay you to manufacture consumer goods or buy them cheaper from China?
cyberdo1 1 year ago
@cyberdo1
It's the same thing with Canada...many Ford and GM cars are made in Canada...for now...until NAFTA sends those plants to Mexico.
Canada has its own problems with unemployment and job outsourcing as does Europe and everyone else. Naturally global companies are going to go to the source of cheapest labor.
But things eventually will start to balance as the poorer countries like India and China begin to buy goods from Europe, Canada and the US.
EdwardRommel 1 year ago
@y2shan1234 If your from England. . . Don't lecture us about debt.
pureperil 1 year ago
@y2shan1234 We americans also bailed Europe out of two wars we really had no business fighting maybe if England had a pair, they wouldnt of had to call us for help when Hitler was diggin into that ass. But nobody in Europe said we should be over in Germany..lol..it's so funny how history is so easily forgotten!!
SonOfGod3000 1 year ago
@y2shan1234 What a stupid thing to say! Have a hamburger and hug an untouchable.
johneamer 11 months ago
@y2shan1234 you know it : )
emptyheadubstep 7 months ago
@y2shan1234 well...eating and fucking are two things that every human does...or at least i hope XD and you may have forgotten such things as the space shuttle,computer,TV,Radio,liquid fueled rocket,airplane,escalator,skyscraper,etc.,etc.,etc. those are also things that we can do XD
hotpocketpoison 6 months ago
I thought it was 57 trillion dollar in debt..!
Deltastrikes 2 years ago
probably is by now
LcoolJfiveoh 1 year ago
People need to watch Fall of the Republic.
SSP305 2 years ago
Someone gave you a thumbs down? Fall of the Republic is a great documentary.
EuropeanAmericanMan 2 years ago
I'm pretty sure if u liposucked all the fat
out of all those fatass americans and sold it
for making soap and shit you could prob pay
off that 12 trillion dollar debt...
RehabIsForQuitterss 2 years ago
I'm pretty sure if you lipo-sucked your mother
you could make enough lard to feed all of the
US.
SSP305 2 years ago
Now that's just Insane. How the hell would that be enough to feed you lot!. It might be enough to feed them fat fuck New Yorkers... but even that's pushing It.
RehabIsForQuitterss 2 years ago
rehabls.... fuck you asshole you know absolutely nothing ... you judge all Americans to be fat and i highly doubt you have ever been to the US.... where the hell are you from i bet you America is a better country
PresentAssassin 2 years ago
"You judge all Americans to be fat"
Where to I state all Americans were fat?. Better country?... hmm, I did not know there was a competition... dumb-ass.
RehabIsForQuitterss 2 years ago
@RehabIsForQuitterss "if u liposucked all the fat out of those fatass americans"... you stated it right there dipshit.... you are probably an ignorant fatass who sits at home judging other people from what you see on CNN
PresentAssassin 1 year ago
@PresentAssassin sorry mate been to the states plenty of times but a huge percentage of you whilst not all morbidly obese are overweight and chronic healthcare issues are rising faster now.
MrTet68 9 months ago
@MrTet68 oh wow where fo you hail from? Mr. Jesus Christ have you come down from your Utopia to tell all us evil Americans how fat and stupid we are? Thank you for enlightening me on how stupid I am because I was born somewhere on the world, while at the same time you are the type of person who will tell yourself how unbiased and pure you are
PresentAssassin 9 months ago
@PresentAssassin Thats incorrect - I also did not say you are all stupid or evil but your population as a % have chronic health issues starting with obesity related illnesses causing huge problems and most of my American friends who are senior or ex officers in the military medical branches or in US medicine have stated. Anyone who has visited the US regulary can see that. Plus I dont consider myself unbiased or pure in any sense but as you dont know me its not an objective comment.
MrTet68 9 months ago
@PresentAssassin As to the second point -I live on the shores of lake Zurich,Switerland and it has the highest standard of living in the world.No Ghettos or Rednecks.Try visiting if you are one of the 5% with a passport to judge for yourself and see how few few fat teenagers and adults we have. You dont get it ,China and Russia are soon to trade outside the USD and more nations are now trading oil in Euros. The US after getting rid of Saddam switched trading Iraqs oil back in USD.
MrTet68 9 months ago
@PresentAssassin Bushes tax cuts for the rich and borrowing for 2 wars which destroyed the Clinton surpluses.Printing $s and selling debt bonds to exist will fail to eventualy reassure China that the $ bonds they are buying and holding are not worthless. Once the world starts looking at trading in Euros for oil the US will be screwed as it cannot print Euros. You have 5% of the worlds pop and consumed 25% of its resources. You cannot pay your interest.
MrTet68 9 months ago
@PresentAssassin Go figure it out for yourself an unhealthy and ignorant population ( i,e not giving them the full picture) is easier to control and con into Iraq. The level of global knowledge most Americans exhibit is shocking and thats more objective to an outsider. As to saying you are evil etc thats you talking bollocks. Most of my American friends share the same sentiments and I have nothing but for praise for American hospitality and openess.
MrTet68 9 months ago
@PresentAssassin Your problems are economically untenable, your population is either uninsured,or now debt bound by the new medicare legislation yet you spend 2X as much on healthcare as other developed nations,have the highest obesity rates in the world - fact as well as the associated chronic illnesses. You are stuck in 2 wars, a collapsed housing market, 10million unemployed, a huge military that is unsustainable and nations moving away from the USD.
MrTet68 9 months ago
@PresentAssassin Therein lies the tragedy:I am not berating you- it breaks my heart to see US Politcians only helping the interest of the rich economically. The US is a fantastic place to visit, but your jobs are being outsourced everyday by CEOs and you dont manufacture any real consumer products like Germany or Japan. The rail infrastructure is poor and logistics totally dependent on vehicles i.e oil-if you cannot pay for the latter in petro dollars the US will collapse like the USSR.
MrTet68 9 months ago
FUCK BUSH !! The worst president this country has ever had.
richie2910 2 years ago 29
@richie2910 it isn't his fault it is the Amarican ppl smiling and knowing that we have no money for a tax cut but their greedy and want this anyways instead of saying no thank you we will sacrifice the money and give it to the debt that we have on our hands now.
stacier333 1 year ago
@richie2910 "the US hasn't had a president since JFK" i forget who said that...
TitanHB 1 year ago
@richie2910 What's the difference between Him and Obama? (aside from the fact that one is wearing a brightly colored Donkey sticker, and the other an Elephant)
JonaBay 1 year ago
@richie2910 Obama is worse.
Andreano123 11 months ago
@Andreano123 No he isn't. It is not Obama. It was not Bush. It's CONGRESS. Neither side (left or right) really care about the debt because they know the public won't bother to complain about it and know that the taxpayer money will ALWAYS be there.
votumseparatum1 11 months ago
@richie2910 you guys elected him for TWO terms, you only have yourselves to blame for that one
00StangGT00 7 months ago
How anyone could take that pillock,Bush seriously,is utterly beyond me.
These constant fucking wars,are the root cause of all this debt.Make no bones about it.
Don't listen to any other bullshit.
robert140602 2 years ago 6
@robert140602 No dumbass, I hate Bush too, but get your facts right... We had trillions of dollars of increasing debt before Bush came into the picture.
Yumminess0 1 year ago
@Yumminess0 No you didn't.
Bush inherited a surplus from Clinton.
Du your homework,you numpty.lol
robert140602 1 year ago
NATIONALISE EVERYTHING! call it compensation for decades of theft
cryoslave88 2 years ago
As of May 7, 2009, the total U.S. federal debt was $11,256,266,640,050.20.
In 2007, the public debt was 36.8 percent of GDP.
In May 2009 the debt was 80.1 percent of GDP based on current GDP.
Did all Americans get a ferrari or something?
excelpp 2 years ago 5
China & Brazil want to dump US dollar.
Don't forget also Iran, they want to dump U S dollar. But the fucking Monarchy from Jordan to Saudi are licking the sunset U S dollar. Wait on Nov. 09 more surprise...
o10ciano 2 years ago 4