Stop Spending Our Future - The Crisis

Our economy is in crisis, and our government says that bold action is required. So we're diving in head first to get things back on track. But... what are we diving into exactly? Take a closer look at the government response to our current economic crisis with narrator Nick Gillespie of ReasonTV. And please visit http://stopspendingourfuture.org for more information and to find out what you can do to help!

Note: Crisis spending numbers are based on the following report: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aZchK__XUF84
Since the report's release, the Fed has spent hundreds of billions more, driving up total spending to the levels shown in this video.

Correction: Bear Stearns was bailed out in March 2008, not September 2008.

Category:

News & Politics

Tags:

• economy
• government spending
• crisis
• debt
• deficit
• budget
• tax
• day
• tea
• party

[DonaldDoggett]

"INFUSION OF MONEY INTO THE SYSTEM KEEPS THE ECONOMY GOING".... flybregy, you are totally buying into the socialist lie of all time! Infusion of money into the system does not keep the economy going- it causes "stagflation". Obama is nothing more than Carter 2. Ignorance is what allows people to think this spear jockey is anything new or 'hopeful'.

[backyardboogiewoogie]

It's good to see less than a 10;1 ratio of likes v. dislikes. It tells me that people are starting to wake up to the economic debacle that we are in. Yes even YOU Keynes fans!

[13lackLight]

Hey man I think you added a few too many numbers into the "4 trillion we spent on this crisis" part near the beginning since you didn't take out things like the new deal. It ends up only being around 3.6. Still a lot, not trying to say its a little, but still.

[gs6285gs]

It all has to be borrowed before it can be spent.That's what nobody emphasizes. We use numbers created by banks for money. There is no end to the amount they can lend us. If men can create numbers and lend them into circulation at interest against a promise to do future production, men can create numbers and spend them into circulation as a debt-free payment for current production.

Get Free and Brave. Understand the debt-money system and you'll understand the simple solution.

[brackman71]

I took a look at usdebtclock (dot) org, which had 2 numbers listed:

US Population, and US Income Taxpayer.

The ratio was 3 to 1... meaning only 1 out of 3 people are making enough income to tax. Does this mean that the REAL unemployment figure is 66%?!?

Assume every family is a 2-income family of 4. That means both parents work, and the 2 kids do not. Then the ratio should be 2 to 1. Every family and every single person is supporting 2 more people than they should.

[londonpopstar]

Check out this hilarious video of a city bus driving through a flood and knocking over a woman! Muhhahahahahahnomnomnom! /watch?v=mKH42HQGSlY

[300BC]

Americans need to get their country back, the country was meant to be a place to avoid all this government ignorance.

'Those who refuse to learn from history are destined to repeat it,' 'Insanity: doing the same thing over and over again and expecting different results.'

[ABCTVINC]

Here's how you fix the Problem. Give every Man, Woman, and Teen a Job. We don't need a war. Why would we even allow that? Take a portion of the pay. Take Retirement, Take Medical, and Take A little to give back to the debt of the government. Everyone together in the U.S. Has had their share. Than, lower the cost of living, the cost to go to school and the cost of food. Why are we raising prices? Well, we are not the ones spending all of the money. It's CHINA. Americans stand up!

[JakeBlakeProject]

Are we there yet? Totally bankrupt that is... AND yes, a major war or something is probably in the works..... Get ready ....