Bailout

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Uploaded by on Sep 29, 2008

protest rally September 25 2008 in the Wall Street area of New York City thousands anger about the government aiding Wall Street financial firms with billions of dollars

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News & Politics

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Uploader Comments (etofupupk)

  • thank you... I am surprised how many others have also said the same thing they hadn't seen any media on the rally that took place in the Wall St. area on Sept. 25, 2008

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  • It is not capitalism that is failing, it is bad regulation.

    The cause of this was FreddieMae and Mac underwriting bad loans in order to help poor people, who could not afford the mortgage payments, to "buy" houses without enough down payment or income. The government created this problem through creating moral hazard.

    A bailout is not the free market.

    The free market would allow these financial companies to go out of business.

    Bailouts and nationalizations are socialism, not market.

    No bailout.

  • america bailing out the black man again.

  • Bailout? HELL NO!

    The Dems/NeoCon's Community Reinvestment Act forced banks to give home loans to those with bad credit. This resulted in speculation which ARTIFICIALLY inflated housing prices causing meltdown.

    Printing MORE fiat US $Dollars to encourage more Wall Street greed will debase the currency and cause a MUCH larger GLOBAL collapse later!

    Real Estate AND the stock market MUST return to their TRUE value NOW before the problem grows any larger!

    ANY 3rd Party in Nov.!

  • Funny how none of this made the news either in the US or Canada. Almost as if their hiding something. The "group" that owns the major News Networks must not of bought You Tube yet. Too much freedom of speech on here.

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