Stop the Bailouts

[FRENKYtheJOKER]

hi anyone want to chat

looking for friends T8

[selovsky]

I'll be able to rant and rave about the marvels of the free market, while I'm getting properly subsidized and defended by everyone else, through the nanny State. And also, this has to be risk-free. So I'm perfectly willing to make profits, but I don't want to take risks. If anything goes wrong, you bail me out. N. Chomsky (1996)

[selovsky]

And the principle of really existing free market theory is: free markets are fine for you, but not for me. That's, again, near a universal. So you -- whoever you may be -- you have to learn responsibility, and be subjected to market discipline, it's good for your character, it's tough love, and so on, and so forth. But me, I need the nanny State, to protect me from market discipline, so that

[shitzulovey]

These bailouts are so wrong and evil, I am angry that our government is forcing us to save companies are so twisted that they should fail and fade away.

I have heard that more and more companies want a bailout, is this socialism???

[Cheaptrick82]

BANKERS, RESPONSIBILITY, AND YOU

When YOU screw up and can't make payments, the bankers get the sheriff and local government after you. When the BANKERS screw up and can't make payments, the bankers get the Federal Reserve Chairman and the President after you!!!!

[Thejuicejrc78]

Bailout is a lie,CHINA whats the money because they made bad investment in the UNITRD STATES OF AMERICA that's the truth Americans are getting robbed by Bush & The federal reverse to pay CHINA,CHINA is pulling a economy TERRORISM

[AmericanValues321]

not only bush...thatsthe mistake people make....pointing fingers at 1 or a small group...when they all are to blaim...our whole gov...mustbe held acountable

[Cheaptrick82]

There's plenty of money out there--just tax the top 1% of the super-rich! Better yet, get RID of them all, then we can ALL share what they've been busy stashing away in foreign accounts!!

[lakeviewviking]

By the standards of the third world, YOU'RE 'super rich'!....watch your neck!

[Starbuc1]

I've seen many, many small businesses close in recent years, where was their bail-out???

F*#@ these big banks, they are finally getting what they have deserved all along.

[Rael5000]

why would people care about small businesses? would u buy a computer that is produced by small businesses? cause im sure no. would u buy a car produced by small business? the answer would be no so stop acting as if you care alot about small businesses. as the saying goes the survival of the fittest.

[themovieman1]

so since we are bailing these banks and car companies out with our tax dollars how much are banks and car companies going to give me? send that to the janus-faced war criminals in D.C. who aren't like us.

[Rael5000]

you sound as if you belong to the top 10% which contributed the majority of the tax. this question should be aksed by the top 10% NOT you.

[428cjet]

Dont forget tomorrow Sept 28th - 8am - Noon

National Sign wave and Protest to stop the bailout

[doubleslottedflaps]

carter passes law stating homeownership for everyone,janet reno sues to get that old law obeyed,2002 bush gives speech(its in the white house archives)saying people dont need downpayment,can have bad credit,dont need to speak english,can be from peru,and should have a right to own a nice house=cant afford,foreclose,drains banks=now we the responsible people must pay for this ??!!! BULLSHIT!!! these aragant morons can pay for it,all these bullshit politicians,all of them !!!fire all of them !!!!

[doubleslottedflaps]

no bailouts !!!!

[RydanDenali]

eventually, they will feed on each other, its like a group of people stranded with no food and they decide to cannibalize each other as they die off one by one

[ChupacabraYetiElmo]

If these banks go under who cares and how does it really effect me? Someone who lives within their means and doesn't carry credit balances. This scare tactic that banks have no money to lend or are scared to lend. If they don't lend they go under and many of them should go under, we have more banks then God would need in a whole universe. They are just leeching off the economy not helping it.

[Rael5000]

Yes people does not survive on credit but firms do, construction firm, law firms, trading firms infact most companies do businesses based on credits. This does not happen only in America but also around the world. Most companies use credits to give paychecks, to buy supplies or things to sell.

[ChupacabraYetiElmo]

It is time to kill this big giant bloodsucking parasite, it's called credit. It must be killed all the way down to the credit card, no more buy now pay later, if that means a bunch of banks go under along with visa mastercard and all the rest of the leeches then so be it. These entities destroy your nation, stop supporting them and the problem will be solved, do not use credit cards, they are means of enslaving you by eventually taking all currency off the market.

[Rael5000]

Yes people does not survive on credit but firms do, construction firm, law firms, trading firms infact most companies do businesses based on credits. This does not happen only in America but also around the world. Most companies use credits to give paychecks, to buy supplies or things to sell.

[Repomex01]

I am a small business owner and I promise you if you manage your money wisely, work real damn hard and live below your means your business will grow .

this new credit crunch will simply seperate the winners from the losers, it will level the playing field.

I started my used car business 3 years ago with 60k in savings and its now worth 500k and not once has anyone lent me a fucking dime!

We are going into a new level of the game.

[Kold2market]

Stop yar bitching! we all need to chip in...

Now let's see here...

$250Billion Bail out

Devided by (US population)

305,254,142

That's....

= $818.99

o.k everyone, please get out your checkbooks out and write a check payable to: __________ CEOs

[GOOFYWOOFYDOOFY]

long live the bailouts.....HOOOOORAY

[AdamsCapitalGroup]

thanks Karl great video

[dberry2003]

No bailouts would be a great policy, except for 2 things.

1) Many of these loans have be bought by foreign interests.

2) No bail-out means depression. And no help from anybody.

[missdivinestalls]

Share this video on your myspace's and other social network sites. PEACE! IMPEACH! Write your congress person and tell them not to support this bail out.

[eacuna05]

How is it that the administration and Congress, which have not tried to find huge amounts of money to, say, improve the nations health insurance system or repair bridges and tunnels, can now be ready to come up with $700 billion to rescue the financial system?

[RydanDenali]

wont there be a bailout to the bailout?

[tmh2939]

The inmates are running the asylum.

[ProAmerican4Life]

An old saying goes "BUY LOW SELL HIGH". Well the stock market is at an all time low, but when the market goes back up in the future our government stands to reap BILLIONS OR TRILLIONS of dollars! You may get a tax refund in the future. If it works the Democrat majority and Obama will take credit. If it fails the Repubs and Bush get the blame.

[Cheaptrick82]

Yeah--is this like when the Republicans sold the idea that the "Iraq War will pay for itself!" scam back in 2003? Wow--another prophetic statement from Fools! And a big "WAY TO GO!" to Bush for leading us into ANOTHER Colossal Mess.... Instead of a Fastrack for passing a Bailout Package, how about a FASTRACK FOR IMPEACHING BUSH--before the dumbass manages to destroy the entire world before his term is up?~!

[eacuna05]

I completely agree with you. There is no way that the Iraq war could pay for itself on the contrary we will keep losing money for as long as it continues. and yes lets IMPEACH BUSH.

[joyful1959]

Google: commodities futures modernization act phil gramm. (Gramm is McCain's butt buddy!) It is an ammendment to the Enron loophole bill that McCain supported. So if you are wondering why YOUR tax dollars just bought a debt strapped insurance company, check this out. The GOP are all against regulation. Let us remind them that the airline industry is regulated. If it wasn't,their flights to Hawaii and back would cost about $15,000. Fucking Assholes!

[ferkco]

I feel the government and these banking firms were in collusion to pay for the wars and gain financially. The government regulators were told look the other way and Wall Street made their money shuffling paper, the government taxed them on the shuffling. Theirs lots of laws on the books that could of stopped this, mainstreet is doing just fine, this ain't capitalism, its called rigging the system so the same people always win, but maybe, just maybe, this time it will be different. Naw.

[Silentbtdeadly]

This video response is much better overall information wise, and looks at it from a real perspective. The video this responds to claims it is the governments fault(or partly), and the response by scopix1 makes it the companies fault.. neither seem to fully realize that it is the fault of both in part.. but mostly just a bad system. It is basic capitalism, which only benefits the people who already have the money.

[sxobekuj]

Of course the Democratic Congress is going to bail out these institutions- they've recieved over $300,000,000 in campaign contributions from them in the past 3 years!! $1,000,000 went to Obama. The real campaign for election this year should be to vote the Democrats out of Congress. They won the Majority on a fair 'Bush screwed up the war' platform- but they are now, and will continue to screw up our economy. McCain needs to get in there and clean house ! Middle class American voters can help!

[Cheaptrick82]

sxobekuj,you're FULLofit! I can pull #'s out of thin air, 2: "The Republicans received $900,000,000,000 from these institutions inthe last 3 years!" See how easy that is? Bush said IN HIS STATE OF THE UNION ADDRESS(see below) that he was going to de-facto DEREGULATE to get more people into houses--never MIND they couldn't possibly AFFORD them! But DON'T WORRY! The lower classes will pony up TRILLION$ more2 bail out these pigs! BTW, If McCain is so independent, why doesn't he RUN as one??!!

[eacuna05]

McSame is no independent. What he does depend on though is stupid Americans who can't see through the crap he's giving us in his campaign. Straight Talk my fuckin ass! on the day the banks were collapsing, he said the fundamentals of our economy are strong. He clearly knows nothing of the fundamentals or our economy period! how can we elect this guy. Obama 08, our only hope. Ron Paul would have been great but he's not on the ballot. So if you're with me, keep mcSame out of office!

[RydanDenali]

dude, it dont matter who you 'vote' for, we're still gonna bendover and be fucked, now with palin and hillary somewhat in the mix, they wouldve fucked us with strap-ons, but palin might actually do it. every election is a scam anyway. 'they' select, we dont 'elect'

[eacuna05]

You've got a point there. The reason they have the electoral college is because they think that the average American is 2 dumb 2pick the right candidate so they pick it 4 us. But of course they're only looking out for who's going to take care of their interests first. Our system is fucked up and that's why I think Ron Paul would've been a welcome change to this country. If you wouldn't consider him an honest politician, think about this.He's voted in Congress against pay raises 4 themselves!

[Cheaptrick82]

In his Jan. 20 (2005) inaugural address, Bush offered a grand vision of newly empowered Americans: To give every American a stake in the promise and future of our country, we will bring the highest standards to our schools, and build an ownership society. We will widen the ownership of homes and businesses, retirement savings and health insurance preparing our people for the challenges of life in a free society.

And "Wink-wink, banking industry!" McCain wants 2 continue the Bush lunacy!!

[joyful1959]

Well said cheaptrick! You can go back in history to see what got us here. What let it happen is NO REGULATION. Nope, our GOP friends don't like that word. So to middle class America, it is your tax dollars at work here bailing out the rich. I hope everyone reading this has FINALLY had enough of this republican administration. Just watch c-span for 2 days and you will realize that bush and cheney should be in prison for the rest of their lives. Yep, general population is what I'm talking about.

[kryp10yt]

Thanks for this video. Maybe people will finally pay attention. We have allowed our government to become so corrupt over the past few decades and now the nation is paying the price. It's too late to save the country but I suggest you find ways of saving yourselves before the chaos is unleashed when we no longer have a government.

[xjlmt]

The jew will scream bloody murder if you make them pay for their failed scam. They own too much of our government for this to ever happen.

[debtlifer]

What is shocking folks?

I mean add it up:

Big Picture: Corporate daily rape of the American Citizen, via oil and farming monopolies catalyzing manipulated inflation.

The Small Picture: unemployment,part-time nickle-jobs, debts, obscene bank-fees, and absurd medical expenses.

So who could really buy a home, eh?

Squeezed.

Solution: Nationalize the OIL INDUSTRY and PAY OFF SM Debts. It's easy to do and only takes a weekend. Give one reason why it won't (not "can't") be done?

[xjlmt]

The biggest reason why it won't be done? The oil industry and the banking industry have "our" government in their back pocket.

[tugando]

Why didn't the government stop home prices from rising so sharply during the boom? They claimed that we live in a free market, but then if it is a free market, why the hell are they bailing out corporations! Greenspan and Bush should both be thrown in prison, for life.

[tugando]

This is sickening. Our government is ran be corporations, and the government itself is to blame. The middle class pays for the losses of the rich. There is going to be a freaking revolution in this country sooner or later. One day, the people of this country are going to overthrow the government, just as they have done so in other countries.

[MissPolitico]

I have to agree with clopolol. This will continue until we use our 2nd amendment right, (that the democrats want to take away, I might add), march on Washington, and throw these bums out at gunpoint.

[clopoplol]

Writing your congressman , senator or anyone else about this fraud is USELESS. We're at a point where only VIOLENCE will get our goverments attention.

[andbruno]

"Is our government encouraging fraud and excessive risk?"

Of course. How could you expect otherwise?

[ronintheusa]

2. gov't allowed loans (by FDIC banks and Freddie/Fannie) on RE w/ no cap based on area market rents.....hard to blame either party for this since price rise was un-precedented.

[ronintheusa]

"stop the bailouts", sure if you want a depression....maybe greater than the last one.....yeah, that would be fun.

This happened because:

1. dems required loans to be made to the un-qualified (poor credit) borrowers, extra demand caused RE prices to raise

-----------but #1 would not have been a problem if #2 was rectified

[ReliableSunPower]

You don't get it. The bailout is going to cause the depression. This is one of the final steps from predictions people like me made years ago.

[Cheaptrick82]

Bush de-regulated the banking industry to bring into being the "ownership society"--he said as much in State of the Union speech a few years back. What he DIDN'T say was that banks were given a wink by the administration to loosen the lending rules to the point where people could just state their income, WITHOUT ANY VERIFICATION WHATSOEVER!! "Just write down a number--preferably, a HIGH one!" And...banks handed out bad loans, the cards collapsed, & CEOs walked away from burning cos w/millions!

[fastsk8s]

When the revolution starts the first people shot should be the CEOs and investment bankers who orchestrated this mess as well as those in the government who enabled them.

[IWILLBEFOREVER]

Straywolf said Well, I think its too late to save the Republic. So...what shall it be folks? Submission or revolution?

I've never heard it said any better. I for one choose option #3: find a good place to hide. I'm too old to fight. I just want to live close enough to civilization so the mailman can get that SSN check to me, if we're not broke by then (ten more years). Otherwise, REVOLUTION!

[jannonymous]

you know you are a big part of the problem. 'defer the issue until im dead'. Sorry gramps you had it real good for your whole life, sorry you have to pay now but thats the way its going to be.

[IWILLBEFOREVER]

You know....you don't know. Wait until you're my age, then you might know something. But anyway, if I am the problem it won't be hard for the geniuses like yourself to solve it.

[ponziunit]

Work from home in the Torches and Pitchforks industry.

Become a top level distributor and rake in the profits. Financial security is within reach in this hot, hot, hot industry!

[rajeshlrao]

Its not a government for the people anymore. Whoz to blame? Not the bankers or the CEO's earning million. Its the people. Its the immigrants that made this country great, and now their grand children are screwing it up for them, by wanting everything easy and free. They will buy a house without putting 20% down and knowing very well they cannot afford it. They will accept stimulus checks from the government that they think if "free money".

[rajeshlrao]

And no leadership that has the brass ba11s to speak the truth. Obama will give us more stimulus checks. It only means when you sink deeper into the doodoo, you would have some nice clothes us. McCain will continue the failed and flawed policies of Bush.

This nation will loose it superpower status in no time. The people with the begging bowl who point fingers at the bankers and at the Fed are to blame.

[Cheaptrick82]

"We need a Republican administration"--Why? So they can fuck you over for ANOTHER 3 Trillion dollars of debt? So the rich can give themselves ANOTHER tax cut in wartime, while sending middle-and-lower class citizens to fight and die and--MOST importantly--to PAY for all the wars and taxcuts and debts? The super-rich LOVE it when the lower classes fight amongst themselves! Republicans will CUT Medicare, Soc Sec,& anything ELSE that helps the lower classes! YA,dat's good t'inkin'der,voter!

[rajeshlrao]

Where do you see me as saying we need a republican administration. Both candidates do not deserve my vote. You can make a bumper sticker now that says "Blame me. I voted". Will be true no matter who wins the election.

[Rangerpjonwebx]

The government is going to bail them out, and there's practically nothing taxpayers can do to stop it. That's the way it goes...

I'm sure that some of those thieves are millionaires. Is greed still good?

[straywolf77]

Well, I think its too late to save the Republic. So...what shall it be folks? Submission or revolution?

[leocorion]

It seems that whenever there is a breach in the Constitutionthere is a mad rush to claim immunity for all sins, past present and future.

Now where have we heard THAT before!

[leocorion]

It seems that whenever there is a breach in the Constitution there is a mad rush to claim immunity for all sins, past present and future.

Now where have we heard THAT before!

[megstar73]

Excellent video.  Excellent points, and definitely the truth.

[suffern7]

CNBC is complaing about OBama's tax policy.

Yet they encourage the BAILOUT !!!

How can you see I dont want to pay higher taxes, but I want a BAILOUT !!!

CNBC and FOX and CNN are promoting the bailout. Complaining about future tax raises.

It doesn't make sense!!!!!

Great video

[raspberrygloves21]

This is important, send it to every body you know.

It doesn't matter if you are not American this will affect you in some way in the future. And the effects won't be good.

[katman78130]

In order to control our government, we must control our own money system. If we cannot control our own money, then how in the hell can any of you think that you can possibly make any kind of reasonable change? You cannot. Money is power and power is money. Those who have it, control those who do not. You are fooling yourself if you think for one minute that your feelings or your thoughts on any of these issues really matters in this year 2008. We have enemies in our own government.

[katman78130]

Parties and politics do not matter. Only fools think otherwise. You can spend your whole life thinking that you somehow make a difference getting involved in politics or helping out as you may call it. Our system is a false paradigm designed to make us think we have a choice. We don't. They are all the same when they get to Washington. The only man that could make a difference is Ron Paul. But the good are few and far between. Most have been bought off or silenced or both. This is the game.

[TwoHo]

Great video. Factual and accurate. Our congressman and senators collect a check from taxpayers but even more from the pigmen that are taking all of our money. Contacted my reps in both houses. I seriously dought this bill will fail however there is always hope.

[Liberty0rDeath]

Too late! The housing bill WILL become law, and the bankers will get YOUR money. Unlimited amounts of money will be used to bail these crooks out.

[bennettce]

fo' shizzle my nizzle!

This video is fantastic and everyone who sees it needs to TAKE ACTION and CALL their congressmen. Its EASY!!! Google the contact info for you congressmen and CALL THEM NOW!!!

The country can not afford to bail out the bankers. This is your country- have some pride in it and take a stand.

[jw530b]

Watched it numerious times. This was a great summary of the current situation. However, the conclusion could have been a little bit stronger - protesting in Washington is good, writing congress is also good, taking some or all your money out of the system would have been a better recommendation, and the consequences of doing nothing should have been made clear to the viewer.

[rlcanella]

Great Video...wow...applaud the effort. Let's forward this to everyone we know...then maybe someone like "katman" will see that the Government is at the mercy of the people..."We the people". We can win this...we just need to get our heads together and make a difference...call your congressmen and women...let it start with YOU!

[VegasRadar]

katman— and I suppose the opposition to the immigration bill was just an illusion as well? /sarcasm

I will blame LAZY people like YOU that would rather sit on the arses and bitch rather then DO SOMETHING if this bill is allowed to go through!

[ajas95]

From my home state of Washington, the Representatives that voted AGAINST the bill: Doc Hastings Cathy McMorris Rodgers David Reichart People who voted FOR the bailout: Brian Baird Rick Larsen Adam Smith Norman Dicks Jay Inslee Jim McDermott Vote your wallet.

[katman78130]

folks the government or what we think is government is not real. its all a illusion designed to fool you and your mind. can't you see that? we as americans have been duped into thinking we are free men, when we are not. if you think you are free, then quit paying your property taxes or your income taxes. we are slaves on a massive plantation. Ever since Lincoln we have not been free. Maybe Bush was right. The constitution is nothing but a gd piece of paper.

[katman78130]

this tard is always running his head all the time....oh, lets go call congress. what i moron. i have been doing that for 20 or so years and guess what? it doesn't work. they don't care what we think. they don't care what we want. until major f***tards like this prick understand that, it will always be the same. so a few people ruin their day and go protest. so what? it means nothing. get a million white men in the street in washington dc and maybe, they might listen.

[HectorSmarties]

What a clusterf*ck... The Americans talked so much smack against Communism and Socialism, and now they're letting themselves fall on it. But instead of giving away tax money to the poor, you give it to the rich people... listen to this guy, and get your country out of the sh*thole.

[schneyer]

Very impressed with this. Factual, well-stated argument and I couldn't agree more.

[TheSpiritOfTruth]

Just forwarded this to Jim Rogers.

[YouRule888]

It is pretty funny that all the talking heads applauding deregulation over the last 5 years are now all complaining that the government didn't act soon enough.

[leeraconteur]

The regulations in place would have worked, if anyone enforced them. No one did. The police were no where to be found. The system worked fine in 1960-1970-1980. It is these new 'financial innovations' & 'financial engineering' that have screwed us.

[q2rabbit]

Your taxes will be going up significantly next year. This is why.

[Westenhizzel]

Do not allow our tax money to bail-out the Wall Street sharks. Your children's children lives will be ruined.

[bbaxter1a]

Most succinct summation of the current and potential macro problems that exist today.

Every American should be aware of these present and potential catastrophes or they risk a future that makes the Great Depression seem like a walk in the park.

[stimey321]

Great video - explains the fraud in this country in very easy to understand terms. Get mad now!

[guydaley]

Contact your congressman now!!

This bailout comes after Wall Street pigmen made millions upon millions on the housing and credit bubble that was endorsed and fostered by our government.

DO NOT LET THE RIP OFF OF THE TAXPAYERS AND CITIZENS OF THIS COUNTRY TO CONTINUE!