Burning Down The House: What Caused Our Economic Crisis?v3
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Uploaded by TheMouthPeace on Sep 29, 2008
GO SEE THE NEW VERSION!
http://www.youtube.com/watch?v=1RZVw3no2A4
This video is an insightful look into the causes of our current economic crisis, which has its roots in policy developed 13 years ago.
THIS VIDEO IS "FAIR USE" COMMENTARY OF A NEWSWORTHY RESEARCH VALUE. IT IS PURELY NON-COMMERCIAL FREE SPEECH. STANDARD COPYRIGHT LAW DOES NOT APPLY.
I REQUEST SAFE HARBOR UNDER THE FAIR USE DOCTRINE PERMITTED BY THE FIRST AMENDMENT OF THE CONSTITUTION OF THE UNITED STATES OF AMERICA.
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Republicans (and to a lesser degree Democrats) supported the removal of regulations put in place since the great depression that were a direct cause of the financial crisis. How are you going to put it on Democrats when it happened under Republicans?
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This video has many lies & inconsistencies that I posted a response video where I dissected it. I provided the actual articles AND relevant facts. If you want to remain ignorant, don't research & assume what you see on youtube are facts. However, if you want to know the truth about ANYTHING, learn ECONOMICS. The mortgage "crisis" did not cause the US economic "crisis"; it is the lack of worlwide spending on US goods, possibly because of inflation due to accelerated increases in oil prices.
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Re: "ad hominem bullshit your posts are"
As amusing as the Yoda-esche sentence structure is, let me get past that & help you with the concept of "ad hominem"
An "ad hominem" occurs when u direct an argument against the PERSON, rather than addressing the ISSUE at hand
Example - "You can't believe Jack when he says God exists. He doesn't even have a job"
I've said NOTHING about you personally, & have ONLY addressed your argument. So no "ad hominem"
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@mredstriumph repubs 100% for dereg. by votes, dems not, mcFadden repealed by repubs,
Right wing is for rich selfish people, middle & lower class repubs vote against their own interests,
ad hominem bullshit your posts are, but at least you know something bout what you're talkin, your just wrong, and probably a mean person, no offense.
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Gramm-Leach-Bliley act - Lobbied for - passed by - signed by -William Jefferson Clinton 9/1999 w 77.3% Democrat support (198 out of 256 Democrat Yes! votes) = Glass-Steagall repealed by Dems
Demorats were 100% FOR deregulation & FOUGHT straight party line to ** PREVENT ** regulation on Derivitives
youtube:
/watch?v=_MGT_cSi7Rs
/watch?v=cMnSp4qEXNM
Fact: Obama sued 2 FORCE "predatory loans"
Buycks-Roberson v. Citibank
u cant change history.. so piss off left-winger
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@mredstriumph- Poor hedge fund investors, thought they were making risk free profits (arbitrage) at the expense of third world currencies and they got screwed instead, let me get my violin.
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The repeal of Glass-Steagall and the McFadden Act allowed these Shenanigans, so a piss off to the right-wing.
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It's too bad many of you clinton & obamunists are in denial. However, the video shows who was REALLY responsible for our current economic crisis. DON'T BLAME BUSH'S ECONOMIC POLICIES!! It not only shows how ignorant you are, it also shows your insane hatred for a man that truly did one of the best jobs a President could do. That being, keeping us safe from another terrorist attack on our soil and keep the economy running strong! Bush will have a good legacy regardless, clinton & obama won't!
hilariouskid 3 years ago 5
DO NOT LET THIS VID DIE AFTER THE ELECTION. Democrats will be trying to blame Bush for years for this mess and it will essentially lead to one party Big Government rule.
A study out by UCLA this week made the conclusion that the big government principles of FDR EXTENDED the Great Depression by SEVEN years.
Hoover raising taxes/tariffs after the crash and bank runs collapsed the economy. Let's learn from history, so we can make this country great again.
TxsAggie96 3 years ago 4