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A Skyscraper of Debt

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Uploaded by on Jul 5, 2011

Congressman Patrick McHenry (NC-10) breaks down the reality of what's really at stake during the current debt limit debate and what our debt crisis means for families and small businesses.

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  • Mr. Skyscraper himself. He spends $60,000 of taxpayers' money to refurbish his office, hands out staff Christmas bonuses (paid by taxpayers), increases staff payroll by 36%, spends nearly $30,000 for political propaganda (again, tax money), and he claims he is a conservative. What a joke. Mr. Skyscraper is the problem. Not the solution.

  • This is one very "wakeful" video. =p

  • This video went viral on Male

  • RON PAUL 2012 LOOK HIM UP!!! THE ONLY UNCORRUPT POLITICIAN RUNNING!! LOOK HIM UP!!!

  • @halcyon0830 lol "The republicans did this and the republicans did that. ohh and the sky is blue." FUNNY."OHH OHH look at me! I'm Mr. Perfect Democrat!" Seriously. Shut the hell up and let's work this out instead of blaming the other side.

  • @takeda155 When Banks are protected by the government, the banks have decreased taxes, so the government loses funding. We have been decreasing taxes since Bush got into office, and the government has weakened accordingly. Look at the countries with the highest tax rates: their economies are the best! Their people are the happiest and the least violent! Doesn't that speak for itself?

  • @kid5084 TAXES SHOULD NOT BE RAISED AT ALL!!! THATS THE WROST THING THAT COULD HAPPEN TO AMERICA. THE THING WE NEED IN AMERICA IS TO END THE F.E.D AND CUT TAXES!! NO MORE PRIVATE BANKS. IT CAUSES LONG TERM INFALTION AND THE F.E.D IS THE REASON WHY WE ARE IN THIS MESS. WE SHOULD UNTIE TOGETHER AND BRING DOWN ALL THE BANKSTERS WHO ARE DRIVING THIS COUNRTY INTO A SHIT HOLE.

  • Debt Ceiling Debate "Fraud" -- youtube . com/watch?v=TzY_FRSecyI -- Polling shows majority of Americans want to tax the rich and cut the military before making social program cuts. theRealNews . com -- DefundWar . org -- US Cost of War at Least $3.7 Trillion and Counting -- WarCriminalsWatch . org -- Tax the rich. Tax big oil. Stop cutting education and health programs. Expel corporatists. Prevent climate catastrophe. ClimateProgress . org

  • All Republicans Love to Spend TRILLIONS on Continuing the Useless Wars and Occupations, and on Corporate Subsidies (Oil, Farm, etc.), and on Corporate Welfare (Wall-Street), and on Tax Cuts for the Rich, and on Israel (Endless Aid & Weapons for Israel every year), and on Pentagon (Trillions of Pentagon dollars Missing), and on 1500 Military Bases USA's Failing Empire has ALL OVER Earth. DEMS & GOP'S SPEND 24/7.

    Government Prints Money (makes them worthless) and takes TRILLIONS in Chinese Loans.

  • @kid5084: Capital gains tax has always been lower. Every time capital gains tax is raised, revenues from capital gains go down -- each time it's lowered, revenues go up. Why in the world would you want to raise it?

    Besides, I believe capital gains tax should be 0 --- it's double-taxation.

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