A rapumentary addressing the wall street bailout. the sequel to the subprime mortgage blues also found on youtube
words written and performed by 47 year old stockbroker Gregg Somerville
music com...
A rapumentary addressing the wall street bailout. the sequel to the subprime mortgage blues also found on youtube
words written and performed by 47 year old stockbroker Gregg Somerville music composed, performed, and produced by Christopher Conti Video taken by Mowgli Frere
Video produced by Gregg Somerville and Christopher Conti
Like to rate videos and let people know what you think?
Automatically share your ratings, favorites, and more on Facebook, Twitter, and Google Reader with YouTube Autoshare.
Autoshare makes certain YouTube activities public on the services you choose. Select only the services you are comfortable with - like Facebook, Twitter, or Google Reader - to let your friends know what you like on YouTube. You can turn Autoshare off at any time.
Like to share videos with friends?
Automatically share your ratings, favorites, and more on Facebook, Twitter, and Google Reader with YouTube Autoshare.
Autoshare makes certain YouTube activities public on the services you choose. Select only the services you are comfortable with - like Facebook, Twitter, or Google Reader - to let your friends know what you like on YouTube. You can turn Autoshare off at any time.
This video has been removed from your Favorites. (Undo)
Like to Favorite videos and let people know what you think?
Automatically share your ratings, favorites, and more on Facebook, Twitter, and Google Reader with YouTube Autoshare.
Autoshare makes certain YouTube activities public on the services you choose. Select only the services you are comfortable with - like Facebook, Twitter, or Google Reader - to let your friends know what you like on YouTube. You can turn Autoshare off at any time.
"It is hilarious to see so many Americans completely lost about basic facts about their economy "
It´s NOT hilarious. it´s scary, it´s shit! -how Americans has completely let their bankers to destroy the countrys possibilities in further success in the global economy.
US was great in 80´s, became suspicious in 90´s, and now after all bailouts, all stimulus packets out from the air with virtual money and bankers still yelling after bonus...
Reading comments on this video is both hilarious and scary. It is hilarious to see so many Americans completely lost about basic facts about their economy and its realistic possibilities and options. Get this: Free Market is a Myth. It's scary because there remains possibility that lunatics (I mean guys like Ron Paul and his followers) really start running the place with help of their right-wing christian and neo-con political allies. The mess that this would create globally is less hilarious.
The regulators; the FED, the Office of Thrift Supervision and the Office of the Comptroller of the Currency ALL failed to do their jobs as well as Congress failing to regulate Fannie and Freddie. So in reality there was no regulation.
Also there was little or no regulation of Credit Default Swaps and other derivatives which trade OTC and is really what caused the financial meltdown last Fall.
Yar, ye be wrong. Bailouts be regulation in of themselves. Here be some economic theory for ye:
Corporatism: Regulation to help Big Bussinesses Socialism: Regulation to help the poor. In practice, due to political greed, it turns fast into Corporatism. Free Market: No Regulation.
Yar, and yer "Failed Regulation" argument just goes to show that Regulation FAILS! Why ye be wantin' to impliment more of a failing system?
Autoshare makes certain YouTube activities public on the services you choose. Select only the services you are comfortable with - like Facebook, Twitter, or Google Reader - to let your friends know what you like on YouTube. You can turn Autoshare off at any time.
It´s NOT hilarious. it´s scary, it´s shit! -how Americans has completely let their bankers to destroy the countrys possibilities in further success in the global economy.
US was great in 80´s, became
suspicious in 90´s, and now after all bailouts, all stimulus packets out from the air with virtual money and bankers still yelling after bonus...
US is a total bluff! how get we rid off them?
search, "the real American Anthem"
The regulators; the FED, the Office of Thrift Supervision and the Office of the Comptroller of the Currency ALL failed to do their jobs as well as Congress failing to regulate Fannie and Freddie. So in reality there was no regulation.
Also there was little or no regulation of Credit Default Swaps and other derivatives which trade OTC and is really what caused the financial meltdown last Fall.
Corporatism: Regulation to help Big Bussinesses
Socialism: Regulation to help the poor. In practice, due to political greed, it turns fast into Corporatism.
Free Market: No Regulation.
Yar, and yer "Failed Regulation" argument just goes to show that Regulation FAILS! Why ye be wantin' to impliment more of a failing system?