Financial crisis: What are the solutions? IOUSA Part 1 of 5.flv
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Uploaded by WallStreetLtd on Oct 5, 2011
So, we all know Washington love bankers so much they allowed them massive lenience to create profits at the cost of the masses.
We know President George Bush and Bill Clinton pressured banks to provide mortgages to low-income families, - mortgages banks knew they would be unable to pay. But no worries. Banks got their own backs covered with insurance policies protecting their loans.
We know President George Bush was a massive supporter of "free trade" deals that undermined the entire export industry, jobs, and the economy.
We know outsourcing, cheap Chinese goods, and exporting manufacturing abroad has destroyed millions of jobs and ruined the entire export industry.
We know President George Bush spent more in his eight years in the White House than 43 presidents combined, putting the nation in massive debt.
But how exactly do we get out of this mess?
IOUSA gives an insight how we can crawl out of this crisis and get back on track. The question is: will Washington listen and follow?
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