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Published on Apr 8, 2009
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?pi... 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.