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$700 billion is nothing

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Uploaded by on Oct 1, 2008

Voters are rightly furious at the proposal to spend $700,000,000,000 that the government doesn't have to bail out Wall Street bankers who created the current economic crisis in the first place. But why then aren't we concerned about the trillions of dollars the Federal Reserve is pumping into the system? Or the trillions missing from the Pentagon? Or the quadrillion dollar derivatives bubble.

For more news and economic analysis, visit:

http://www.corbettreport.com

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  • Ive never trusted the gov

    growing up i always knew shady shit was going on! and Obama isnt any better than Bush maybe even worse! Everyone seems to have jumped on the bandwagon for some reason!

  • look how evil the us government is and yet americans love to bash other countries for their problems. funny americans.

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  • U know what some famous ppl said about this nation? They said, "let them assume that they have freedom of speech. let them bark as much as they want. the real power lies in the few who control the whole. So it does not matter how much the ppl bark, they will do whatever they want and the whole country will not be able to make any difference." you want another example of this same thing? Ancient Roman Empire. The thing Thomas Jefferson feared the most is occurring right now.

  • Please check out the Fat Cat Bankers by Tokyo Rose

  • People who made this vid don't understand some of the principles of basic finance. Derivatives represent a notional amount, which is a fictitious number on which the semi-annual payments (swaps) are made. If you use the logic that the quadrillion number is ridiculous, then you should not believe in banking, because the money supply that truly exist is lower than the actual theoretical money supply. Its the same with derivatives.

  • 5:53 100 trillion is 100,000,000,000,000

  • @Isreal4realz the gov isnt evil... theyre just retarded or incompetent. If they had an answer stated plainly to them, they would take it.

  • I want googolplexianth Dollars

  • hmmmm i wonder how much 1oz of gold would be worth if 2,000,000,000,000,000 dollars are in existence?

  • probably because they were not aware of it :S

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