ECONOMIC: $1.1 trillion Deficit, 700,000 jobs lost in December, Intel down 23% and Porn bailout

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Uploaded by on Jan 7, 2009

We learn that the deficit was $1.1 trillion before the bailouts, the private sector loss 693,000 jobs, Russia continues to leave the EU in the cold, Porn Industry asks for $5 billion bailout.

Adult Entertainment Industry Wants a Bailout
http://www.foxbusiness.com/story/markets/economy/adult-entertainment-industry...

US deficit 'to hit $1 trillion'
http://news.bbc.co.uk/2/hi/business/7816035.stm

U.S. Stocks Drop on Concern Over Worsening Jobs, Profit Outlook
http://www.bloomberg.com/apps/news?pid=20601087&sid=a6xrZ_QcsY80&refe...

Friday's Jobs Report Could Show Decline of 670,000
http://www.cnbc.com/id/28537408

Intel Lowers Fourth-Quarter Revenue Outlook Again
http://www.cnbc.com/id/28538818

US Could Lose 1 Million Jobs this Month: ING
http://www.cnbc.com/id/28536380

Time Warner to Report Loss After $25 Billion Charge
http://www.bloomberg.com/apps/news?pid=20601087&sid=af3IkzbzKwvg&refe...

Obama Plans Major Speech Tomorrow to Build Case for Stimulus
http://www.bloomberg.com/apps/news?pid=20601087&sid=a.zboGId6myo&refe...

Dispute hits Europe gas supplies
http://news.bbc.co.uk/2/hi/europe/7814743.st

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Uploader Comments (DEMCAD)

  • Your vids are better than the morning paper, Demcad. Please make one every day!

    I think Mr. Flint is trying to make a political statement by asking for his bailout. Sleazy or not, he's a smart man who I'm sure sees the depth of corruption behind the bank bailouts and this is his way of mocking D.C. I'm sure he doesn't expect to get a cent.

  • That's true. But considering that everybody and there mom's are asking for a bailout, I can't help but wonder if they'll get it....lol

  • one million jobs in one month...we lost 630k last month...thats only a 270k jump...not unimaginable...oh that 630 is 30% higher than government estimates..which shows they are clueless regarding the economy....

  • Yeah, but 630k is a lot to start with.

  • Nationalize the PORN industry.. I bet the money would be better spent then nationalizing the health care industry lol

  • It'll be a lot cheaper than universal health care. But right now, we can't even afford to pay for Medicare and medicaid.

Top Comments

  • Things are happening really fast. These numbers may be a turning point when everyone starts to get the big picture. I still talk to folks that really dont have a clue what's going on. They truely think this is just a little down turn and we will recover mid to end of 09. I can't wait to get your perspective on the numbers.

  • I'm ashamed I voted for Obama.

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All Comments (46)

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  • you dumb f.....k, the US is in trouble cause there's too many dumb f...ks like you there, Russia cut off gas supplies to Europe cuz the pipe goes via Ukraine who stole lots of gas you dummy, therefore Russia temporarily shut down the supplies, the US government has been too nice to disadvantaged or silly people, giving aid and food for free, and my god, this crises is good cuz you fat black asses need to get some brain and making money for you will become much much harder from now on......

  • Hey its CHANGE WE CAN BELIEVE IN remember?

  • 1.21 jiggawatts!!!!!????

  • I want a bailout too. Might as well have each of us mail to our federal government a request of a $25,000 bailout for each American. LOL

  • WTO says, 2.3 million American jobs have been lost to China, American trade gap with China, accounts for $263 billion.The Wal-Mart Effect: U.S. Jobs Lost because of increased trade with China

    FiX OUR ECONOMY BY NOT BUYING PRODUCTS FROM CHINA.! it is a dictatorship with no human rights.

  • An influx in bills especially 1.5 trillion dollars worth of bills will only decrease the value of the bills that exists currently. They are trying to make the american dollar worth less. If you want to make the american dollar worth more. Burn a whole lot of it the dollars that are left will be worth much more. This is how they are trying to dismantle america's power and dismantel our dollar it's china trying to fuck us but you're all 2 fucking stupid to understand that.

  • hey i feel sorry for everyone who lost their jobs...but good news,there are companies out their who are looking for workers..but people dont see it..well i have several openings for jobs..listed in the east coast.i have offices in new york..to find out more please feel free to give me a call at (347)-707-3999 again my name is Romano.M..this is a first comes first serve basis..thank you!!

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