IOUSA Solutions: Part 1 of 5

[Backtalk2u]

I used to think money grows on trees, then I learned about the FED.

[roneaone]

Since there is no way US national debt of over $15Trillion can be payed ever at all, there must be a possible scenario (may be more than one) how the whole situation is most likely going to develop. Most probably, those who run the show, the transatlantic financial oligarchs, have not yet decided which way to steer or may be they have already decided and everything is "under control"? One way to find it out is to track them down, put them under arrest, and then waterboard them till they confess.

[justfactsallowed]

Thank you - IOUSA! Your message needs to be heard by every American. Time to jettison all the tax, borrow and spend incumbents and get some leaders with backbone. Ryan, Paul, Rubio, Bachmann and a few others are the only ones who get it, the rest are in denial or pander. It's all about citizen awareness and demanding action. It's not too late, but it gets harder as time passes.

How can YOU help? Vote out YOUR representative/senator if they're not demanding serious spending cuts.

[twenlil]

Don't worry America, Obama can afford to set up another military base in Darwin, Australia to provoke the Indonesians and the Chinese. All these talks about public debt and national debt are just chin wagging, we all know nothing will get done to rein in the debt.

[aprilborn1961]

Hmm under Reagan and under Bush debt goes high, fiscal conservatives my $%#%$!

[justfactsallowed]

@aprilborn1961 Roosevelt's 'new deal' started our entitlement/giveaway debacle; LBJ's 'great society' threw it into high gear then he raided Social Security to pay for his expanded entitlements, now it's broke. Nothing Reagan or Bush did had a fraction of the impact of those actions. We have to resolve out of control spending and the Roosevelt/LBJ time bombs TODAY. Democrats want MORE spending, MORE entitlements and MORE taxes to feed the beast - think that's going in the right direction?

[Hendo4oh2]

@justfactsallowed

Can't tell you how much I agree with you especially about FDR and LBJ. I've always said that too and people seem too dumb to understand it!

[BernieLomaxisalive]

lets pick our poison and deal with the consequences the best we can, instead of inaction

[ianhowe007]

What debt? We can print money.

[DynamicMindLv]

americas problem is credits... If you people didnt take soo much money today you werent soo deep in shit..

[moistfaucet]

Power = Debt. The American idiot choose power. this is what you get. so don't complain.

[wtong89]

1980's was when supply side economics was introdouced to America. So i guess it is clear that supply-side economics is not a good for America in the long run. So to keep America safe --- Keep GOP out of power.

[1scottrobert]

@wtong89 LOL... so when Obama rolled out TARP what was that? Genius?

[elwood180]

It's not a debt if no one has the manpower to make us pay.

[donques]

There wouldn't be a deficit if the rich paid their fair share back of what they have taken. Giving them trillions didn't create jobs; taxing them for the money back couldn't make it any worse, since they are outsourcing, doing private equity consolidations, and buying hard assets abroad anyway.

[Spudst3r]

For those interested, here's a serious rebuttal at this film: cepr.net/documents/publication­s/IOUSA%20Not%20OK.pdf

Strongly recommend people to hear different perspectives rather than drawing conclusions solely from seeing a film.

[quadcatfly]

THERE IS NO DEBT CRISIS !!!! IT IS ALL GOP PROPAGANDA

[varange2]

@quadcatfly LOL

[Spudz46]

@quadcatfly .....Warning....Warning....Idi­ot, Moron

[quadcatfly]

@billwaters863 LOL

[nickfl1980]

The debt today 2011, and I mean the real debt (wars, unfunded liabilities and pork spending) is so high that it becomes simply imposibble to pay off. The debt is getting higher and higher (nothing has changed since this movie was made), I predict that the new and typical spoiled generation will say: You know what, I'm gettin out of here, I don't want to be a slave to something I didn't cause, heck with it, I don't and I will not work my arse off while I can't enjoy of life.

[aimsux3214]

The heritage foundation has fundamentally different solution to the same problem. None of these solutions are presented in this film. Take the best ideas from both sides its obvious only taking one side sucks. Notice how there is absolutely nothing about reducing the federal bureaucracy which has expanded almost 66% since 2008. There is nothing about tort reform or portability of insurance. Also nothing about drilling which would reduce our trade deficit a bit. Bush was not conservative btw,

[aimsux3214]

Your better off just watching the original. The original was informative but non-partisan. This one is hyper partisan. There are other solutions and they only talked about the democrats solution. Democrats had control of congress since 2006 and until 2011 had a super majority that couldn't be stopped. If they were really serious then they should have done something besides let the deficit go higher on their watch even before the crisis.

[jessc1979]

@aimsux3214 I agree that the Democrats are useless, but why would this documentary be partisan for the Democrats when Peter G. Petersen is a Republican who endorsed John McCain in 2008 and David Walker was a Southern Democrat who later changed to Republican before becoming independent.

[jessc1979]

Informative but I don't like the narrator's voice. They should have stuck with the same one from the previous film (who I'm guessing is David Walker).

[GokuFievel32]

Great Movie but why Ask Hoyer he's added to the debt himself. Where's Ron Paul who's been warning about this for decades?

[spencerfoy1]

i think everybody should watch this great informing video. Obama has raised our debt over 50 % since he has been in office. GET HIM OUT!!! like if you agree

[bearpeace23]

@spencerfoy1 they talk about out parents and grandparents handing the debt over to us on a plate... well let's see here.. hmm.. how did that happen.. oh yeah.. bush. that incompetent idiot of a man who put us there is the first place... we had a surplus at the end of the clinton era... and what did bush do.. push our deficit farther and farther out until we could control it.

[belatedconformr]

@bearpeace23 I would look a little farther back than bush. Search for 'The American Dream' here on youtube.

[jebenn23]

I think that the baby boom generation has done little in this country to sacrifice for the next. The generation before them rose up to defeat Hitler, land men on the moon, and the civil rights movement in the 60s. What have they done for us? Nothing. Many friends of mine had to borrow alot of money for college because mommy and daddy wanted to buy sports cars and boats and big houses. It makes me sick talking to my parents generation when they show little concern for how burdened we will be.

[daugystikproductions]

@jebenn23 hypercritical, but I agree

[jcurnes]

Unless it affects most of us in a 'drastic' way, it will not get better. Turn off the X-Box/ipod-ect. and save the U.S. kids ! Maybe after we get thrown out on the street or put in a 'camp'....oooops!, Then it's too late huh?

[JustSomeOldFart]

Solutions? Are they serious? Look at the numbers. It's as though we're all on board a speeding train about to head over a cliff; meanwhile, some of the passengers are suggesting that everyone stick their hands out the windows to slow us down a bit.

Note to passengers: The real point of having you all put your hands out the windows is to distract you while a select few make a break for it. (Select few=rich & powerful)

[candygir7]

start working your behinds people, you vote for a corrupt government, you slave away for them!

[Castaril]

The US economy will eventually collapse. Its inevitable because this is unsustainable. I wouldn't be surprised if China invaded the US in the future as a result of this.

[UnknownRex]

"no one could have predicted"???

What, are you serious? It was an exponential trend, it was obvious to everyone with basic common sense!

What a humbug movie.

[sirurugly]

Just watching this part I see some things right off the bat which makes no sense. First being the emphasis on liability. The higher the liability the better for a country, as it means you have the respective assets needed to have gained those liabilities. So really, higher liability means healthier economy. Assuming assets balance out liabilities.

[Asiidiik]

@sirurugly obviously you don't understand the principals of accounting. You do not need to "have the respective assets" to have gained liabilities. Example: selling magazine subscriptions. The assets are those you have gained from the sales, yet you could, in reality, not have any magazines to back up the sales of said subscriptions. Just saying.

[BRINK00]

"..when our government was running budget surpluses" Please provide proof for this statement. For a film that wants to get real about the debt and budget - this false statement seems to throw the Republicans under the bus and raise up the Democrats - both are to blame - it's the system - it will never change until we rise up and retake control over the money supply - the FED is the reason for the continued inflation of money (dollar devaluation) - Creature from Jekyll Island.

[skeptic2525]

@BRINK00

According to the U.S. governments own numbers, in the final year of Clinton's presidency the government ran a budget surplus.

You can find the data at bea.gov and treasurydirect.gov

[theyerdahl]

Can anyone explain the relationship between national debt and interest? Kent Conrad said that if no one would loan the U.S. more money, the government would either have to raise interest rates, cut spending, or raise taxes.

[ZionismIsRacism]

WE HAVE NO INTENTION OF PAYING IT BACK. THAT'S WHAT WAR IF FOR.

[vnano]

@ZionismIsRacism How old are you?

[ZionismIsRacism]

@vnano - Old enough to know how the U.S. borrows with no intent of repayment just like the schoolyard bully "borrows" money from the other kids on the playground.

[vnano]

@ZionismIsRacism The problem is that USA will be the geek that borrows money, not the bully.

[ZionismIsRacism]

@vnano - Riiiight. Because there's so many other nations who surpass the U.S. with their military might.

[vnano]

@ZionismIsRacism Yeah. There are. And will be. And not pay back? You really -seriously- think that they wont? That says a lot about your intelligence.

[ZionismIsRacism]

@vnano - Look ass junkie, I agree with you completely, but your asinine attitude makes it hard for me to even tell you that. Clearly, the U.S. is on the way out. China recently announced the fastest supercomputer as well as the fastest train. Time to start learning Mandarin.

[vnano]

@ZionismIsRacism It takes a great man to admit that they are agreeing with someone online.

[VirtualGamer42]

GOOGLE REPRESENT

[spleenblender]

This video is full of intentional deception.

[oneleftshoe21]

Look's like the US is in some deep doo doo

[oneleftshoe21]

Hi dig

[seige184]

reddit

[nopointinnames]

We've been over this EliteHunting.

[EliteHunting]

Hi Reddit :)

[Joeey]

Has anyone figured out that the bankers are the ones making the laws that put so much debt on people?

[Joeey]

The USA banking colony where the bankers are fucking you. Student loans, running the government using debt, so that the bankers get the interest payment from every day government operations. Literally, the bankers have you coming (university loans) and going (paying for government with debt). Audit the "Federal Reserve" private banking cartel. AUDIT THE FED !!!!

[Robstailey]

that guy is drinking the worlds last tab soda

[pressmack]

This 'award winning documentary' is very similar to the PBS documentary on the 2008 financial collapse. In both...Democrats get to set themselves up as the concerned party. Barney Frank and Chris Dodd are the stars of the PBS documentary that get to act like spectators instead of the real criminals they were in having a role in the subprime market collapse...which is why we are where we are...oh n don't forget those Democrat titans FDR and LBJ who created these 'mandatory spending' programs'.

[Hendo1974]

The shit is now really starting to hit the Fan!

[PUNKDUDE1991]

6:56 damn it...i punch bush in the face

[prayfortruejustice]

Thank you for posting.