Benützer: TULLYCAST2 |
The 56 Trillion Dollar Bailout | Bill Maher Interviews Fmr. Comptroller General David Walker Bill Maher Interviews Fmr. Comptroller General David Walker about the huge deficit in America. (CNN) -- The Emergency Economic Stabilization Act contains plenty to make lawmakers on the left and right shudder. On the right, it's the apparent abandonment of free-market principles. On the left, it's the absence of punishment for high-flying Wall Street CEO's. Looking down the middle, what I found downright unnerving was how hard Washington struggled to pass a bill that, in reality, represents less than 1 percent of our current federal financial hole. Don't get me wrong. Congress and the Bush Administration are to be commended for acting to relieve the credit crunch and trying to minimize any immediate, adverse effect on our economy and by consequence, on American jobs and access to credit. The ultimate cost of the act should ring up at less than $500 billion, less than the advertised $700 billion because of anticipated proceeds from the government's sale of the assets it will acquire with the appropriated funds. The nation's real tab, on the other hand, amounted to $53 trillion as of the end of the last fiscal year. That was the sum of our public debt; accrued civilian and military retirement benefits; unfunded, promised Social Security and Medicare benefits; and other financial obligations -- all according to the government's most recent financial statement of September 30, 2007. Don't Miss * Fed pumps billions more into banks * Dollar plummets against yen * In Depth: Commentaries The rescue package and other bailout efforts for Fannie Mae, Freddie Mac, AIG and the auto industry, escalating operating deficits, compounding interest and other factors are likely to boost the tab to $56 trillion or more by the end of this calendar year. With numbers and trends like this, you might ask, "Who will bail out America?" The answer is, no one but us! Since we're going to have to save ourselves, recent events could hardly be called encouraging. It took an additional $100 billion in incentives -- some would call them "sweeteners;" others might call them bribes -- to get lawmakers to pass the rescue package. Regardless of what you call these incentives, ultimately the taxpayers will have to pick up the tab, with interest. The process that was employed to achieve enactment of this bill was hardly a model of efficiency or effectiveness. The original proposal represented an over-reach and under-communication by the administration. Neither lawmakers nor ordinary citizens had enough information to properly assess the real risks, the need for action and what an appropriate course of action might be. Furthermore, the key players allowed the legislation to be characterized as a $700 billion bailout of Wall Street, which was neither an accurate nor a fair reflection of the legislation. Passage of the credit-crunch relief provisions in the act was understandable, not just because of what risks and needed actions the Treasury and the Federal Reserve were aware of, but more importantly, because of what policymakers didn't know and eventually might have to address. Let's face it -- the regular order in Washington is broken. We must move beyond crisis management approaches and start to address some of the key fiscal and other challenges facing this country if we want our future to be better than our past. A good place to start would be for the presidential candidates to acknowledge our $53 trillion (and growing) federal financial hole and commit to begin to address it. Their endorsement of the need for a bipartisan fiscal future commission along the lines of the one sponsored by Rep. Jim Cooper, D-Tennessee, and Rep. Frank Wolf, R-Virginia, also would make sense. Any such commission should, at a minimum, address the need for statutory budget controls, comprehensive Social Security reform, a first round of tax reform and a first round of comprehensive health care reform. It should hold hearings both inside and beyond the Beltway. And, its recommendations should be guaranteed to receive an up-or-down vote by Congress if a super-majority of the commission's members can agree on a comprehensive proposal. Editor's Note: David M. Walker served as comptroller general of the United States and head of the Government Accountability Office (GAO) from 1998 to 2008. He is now president and CEO of the Peter G. Peterson Foundation. Our fiscal time bomb is ticking, and the time for action is now! DAVID WALKER Tags: Maher Economy Bill Wall Street Daid Walker Comptroller general Bailout Deficit Iraq Taxes Tullycast 56 Trillion Bababooey |
Benützer: VoiceofAmericans2008 |
Ron Paul: Corporatism - not free markets Congress Floor Monday - 9/29/08 Ron Paul **Partial of his comments on floor - sorry*** Emergency Economic Stabilization Act of 2008 - public markup link - http://tinyurl.com/3fnzyd Tags: Wall Street Protest Bailout October Surprise McCain Obama Deriatives Ron Paul HR3997 |
Benützer: antrich1980 |
Dollar - Mirror Mirror Classic Tags: Dollar |
Benützer: wyclef |
Wyclef Jean featuring Akon, Lil Wayne, and Niia - Sweetest Girl (Dollar Bill) Wyclef Jean featuring Akon, Lil Wayne, and Niia Sweetest Girl (Dollar Bill) (c) 2007 SONY BMG MUSIC ENTERTAINMENT Tags: Wyclef Jean featuring Akon Lil Wayne and Niia Sweetest Girl (Dollar Bill) R&B Music Video |
Benützer: GHoeberX |
The inevitable collapse of the dollar Euro/Dollar Rate: http://finance.yahoo.com/currency/convert?from=EUR&to=USD&amt=1&t=1y The current account deficit: http://en.wikipedia.org/wiki/List_of_countries_by_current_account_balance Summary: Americans are living beyond their means and Asia is currently financing that. But eventually the Asians/Europeans will stop financing the USA and then the bubble will burst. Also check out the 1-minute video which I'm responding to for a quick explanation Tags: US Dollar Collapse Crash Crisis Recession Economic Economy Currency Euro Financial Market |
Benützer: therealweeklynews |
GOLD VS DOLLAR http://digg.com/business_finance/GOLD_VS_DOLLAR The value of the dollar is dropping like a rock and this video is to show how this is affecting the prices of everything from gas to milk. This is the first of several videos to show what is really happening to the ecomy of the United States and why this country is in a lot of trouble financially. Tags: gold vs dollar federal reserve devaluation stocks bonds loans interest banks crisis depression recession economy |
Benützer: therealweeklynews |
DOLLAR VALUE DROPPING http://digg.com/business_finance/DOLLAR_VALUE_DROPPING This video is to elaborate on my last video about the dollar and its value. If you have not seen the original video, here is a link: http://www.youtube.com/watch?v=z6NfXk7Bvc8 If you are looking for the historical gold charts you can find them here: http://www.kitco.com/ http://www.kitco.com/charts/ Tags: Dollar value dropping as inflation is rising gold silver oil wheat stock market economy recession depression |
Benützer: fagan411 |
The Dollar is Doomed and the Fed's Days are Numbered In this very recent interview with Bloomberg Jim Rogers says Asia is the future, the dollar is a terribly flawed currency and he doesn't want to own any, oil will certainly pass $200/barrel soon, and the (privately owned) Federal Reserve will disappear within the next decade. digg it http://digg.com/business_finance/The_Dollar_is_Doomed_and_the_Fed_s_Days_are_Numbered?OTC-widget Tags: federal reserve dollar devaluation inflation china oil depletion ron paul |
Benützer: AlJazeeraEnglish |
People & Power - Death of the dollar 2 - 19 Dec 07 - Part 1 Analyst Max Keiser investigates the ill health and possible demise of the dollar. Tags: People and power Power Al Jazeera Samah El-Shahat Max Keiser Death of the Dollar |
Benützer: VPROinternational |
The Day of the Dollar (Roel van Broekhoven, Backlight 2005) Do we live on a bubble? Is it possible for the heavily indebted American economy to collapse and take all of us down in a free fall with it? Have the days of the dollar been counted? Is it really unimaginable that we will see the time of the Great Depression repeating itself? VPRO Backlight and Dutch national newspaper NRC Handelsblad present this 'what if' scenario. What if the dollar collapses? Fiction meets facts in this 24 hour scenario. At 9AM a Singapore trader is ordered to sell a large amount of dollars, which sends off the enormous downfall of the dollar. This film shows the results for the world economy every following hour. It ends in Amsterdam, where the only currency accepted by a taxi driver is sigarettes... History seems to have caught up with this 2005 film, though in slow-motion... Includes interview with analist Stephen Roach, Andy Xie, Maarten Schinkel, Cees Maas, Rob de Wijk and Kees Vendrik. Tags: dollar economy currency banking roach xie vendrik subprime crisis backlight rate scenario documentary vpro market |
Benützer: Floydsmom1 |
20 Dollar M.I.A.'s 20 Dollar Tags: M.I.A. 20 Dollar MIA |
Benützer: scambaiter |
Osuofia - I Go Chop Your Dollar Nigeria-Connection and Nigeria-Pop http://www.naijajams.com/trax/video/osuofia_-_I_go_chop_your_dollar.mov Tags: nigeria-connection |
Benützer: trashii |
Hanoi Rocks - A Day Late, A Dollar Short a day late, a dollar short Tags: hanoi rocks |
Benützer: AzowRagbak |
The inevitable day the Dollar crashes Visit this guy's page, as he is responsible for this great video! from: http://nl.youtube.com/user/GHoeberX original video at: http://nl.youtube.com/watch?v=4n3g5lUgkWk Summary: Dutch documentary about the dollar Americans are living beyond their means and Asia is currently financing that. But eventually the Asians/Europeans will stop financing the USA and then the bubble will burst. Check out Ghoeber X's channel for more video's !! FAIR USE NOTICE: We are making this material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a "fair use" of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. Dear Friends and Subscribers, Hereby I would like to ask all of you, the permission for me to download the video's we all produced. When I would download your video's, then after that I will upload them to my page again. I would like to see all of our thoughts being expressed in any way possible, and we can do this all together, by letting eachother download the video's we all make, and post them again on our different youtube channels. (!see notes at end of this message!) Even though we mostly are not in the government and not have the chance to decide anything for our lives, we still have the internet with which we can reach people all over the world. We should use this power we still have as people, to keep eachother informed on the important issues taking place. The people are being used for the political agenda's of our governments and banking systems. Shut down your TV. Internet is the source for the real media out there. And we as people still control the internet in some extent. Please send me a private message if you agree to this idea, and allow me to download the video's you people created Notes: - I will not edit the video's - I will link back to the very person who first created the video. Like the channel name of the original creator will be shown in the video's description and title. - I am not gaining anything (financially), I just want more of the truth to come out. - I would be happy to let other people download these video's from my youtube channel again. - I see this as a great chance for us all to keep promoting free speech. - I Love you guys :-) The news from a different perspective, including things you normally don't hear. http://cspanjunkie.org http://whatreallyhappened.com http://www.wearechange.org http://www.ae911truth.org http://www.alertnet.org http://www.truthnews.us http://www.infowars.com http://www.sprword.com http://www.wacla.org Tags: bush paulson abolish federal reserve us dollar ron paul central bank money economy recession depression stock market meltdown wall street crash crisis monetary policy fiat currency devaluation interest rates inflation scam fraud debt banking international bankers new world order bernanke greenspan edward griffin jekyll island 1913 peter schiff john williams news politics government lehmann brothers aig bailout |
Benützer: honk1tonk1 |
Kingston Trio - Greenback Dollar Kingston Trio Tags: Kingston Trio Greenback Dollar |
Benützer: Leicester4 |
Alice Cooper - Billion Dollar Babies Hard Rock Tags: Alice Cooper Glam Rock Music |
Benützer: singletreefilms |
The Ultimate American Dollar Collapse McAlvany ICA presents financial, political and geo-political information to aid investors in developing sound alternatives for their portfolios in uncertain times. Topics of discussion: U.S. Real-Estate Market, China, Middle East and a declining U.S. dollar. Call, 800.525.9556 or email: karis@mcalvany.com for a FREE copy of this enire DVD plus an exclusive Market Report. Or if you would like to listen to exclusive, weekly, economic commentary for FREE by economic expert, David McAlvany, be sure to go to: www.mcalvany.com and register where it says, "McAlvany Weekly Commentary." Tags: Inflation Dollar Ron Paul McAlvany ICA Federal Reserve Gold Silver Commodities Money Investment "Precious Metals" Inves |
Benützer: WHATTHEBUCKSHOW |
Million Dollar D0uche Smosh Playgirl! Please rate/comment/fave/subscribe! COMMENT QUESTIONS OF THE DAY 1. ARE YOU WATCHING MILLION DOLLAR LISTING- IF NOT WILL YOU WATCH IT BECAUSE I TOLD YOU TO? HA! 2.OF THE THREE MEN, WHOSE UNIT WOULD YOU LIKE TO SEE THE MOST? 3.BESIDES THE SECRET LIFE OF THE AMERICAN TEENAGER BECAUSE YOU ALWAYS SAY THAT -- WHAT IS A SHOW THAT I NEED TO BE WATCHING AND COVERING? DID YOU SEE THE HILLS- GETTING A LITTLE TIRED HUH? 4.BONUS QUESTION YES OR NO- DID YOU GET THE NAME OF THE MOVIE I WAS QUOTING EARLIER? WHAT 1984 MOVIE FEATURED A MERMAID NAMED MADISON? BONUS VIDEO! OUT TAKES FROM TODAY'S VIDEO! http://buckhollywood.com/out-takes-from-what-the-buck Even if you are not watching this show, I hope you enjoy the video and I tried to give you what you all want at the end! More skin! LOL All access Buck: BONUS VIDEOS EVERY DAY! http://buckhollywood.com My Personal Channel! Please subscribe! http://youtube.com/peron75 Be my friend! http://myspace.com/buckthehustler Follow me! I am ADDICTED! http://twitter.com/buckhollywood LIVE SHOWS on WED & SUN at 10pm eastern! Please subscribe for email updates! Come early! Stay late! It's so much fun! http://www.blogtv.com/People/BuckHollywood Tags: Million Dollar Listing Chad Rogers Madison Wierd Last Name Can't Spell it Josh Flagg What the Buck TV Shows entertainment news web series |
Benützer: sloindahed |
Mos Def - Katrina Klap (Dollar Day) The video for Mos Def's "Katrina Klap" (utilizing the instrumental for Juvenile's "Nolia Clap"), a critical reaction to the lack of response by the Bush administration to the Hurricane Katrina disaster Tags: mos def katrina klap nolia clap bush |
Benützer: AlJazeeraEnglish |
People & Power - Death of the dollar 2 - 19 Dec 07 - Part 2 Analyst Max Keiser investigates the ill health and possible demise of the dollar. Tags: People and Power Al Jazeera Samah El-Shahat Max Keiser Death of the Dollar |
Benützer: summerofevidence |
Million Dollar Baby Trailer Trailer for the academy award winning film, "million dollar baby." This cut truely explains what the movie is about. Tags: million dollar baby hilary swank morgan freeman clint eastwood roger chong |
Benützer: Fretkillr |
Greenback Dollar Here's a song with some real attitude. "Greenback Dollar" was a big hit for the Kingston Trio in the early 60's and while they did a nice job of it, I prefer the solo version recorded by it's late author, Hoyt Axton. Hoyt was the son of Mae Boren Axton, the co-writer of "Heartbreak Hotel". His mother's notoriety helped Hoyt break into the acting business and I remember seeing him in a "Bonanza" episode playing, what else, a singing, guitar-pickin' cowboy. He went on to write many good songs and I thought he had a great baritone voice. This clip is inspired by his version of "Greenback Dollar". Enjoy. - Fret Killer Tags: acoustic guitar sing song greenback dollar |
Benützer: atputhan |
BBC-Horizon-The Six Billion Dollar Experiment Will the Large Hadron Collider finally reveal the elusive God particle? Tags: Science Documentary sub atomic particle |
Benützer: obscuritee |
Let the Dollar Circulate - Billy Paul From 1975 "When Love Is New", here is Philly soul man, Billy Paul with "Let the Dollar Circulate." Sampled by Dilla for Steve Spacek and also by 9th wonder doe songs of the same name. Enjoy! Tags: let the dollar circulate billy paul |
Benützer: AlJazeeraEnglish |
Iraq signs multi-billion dollar deal with Shell - 23 Sep 08 Iraq has signed a multi-billion dollar deal with oil and gas giant Royal Dutch Shell, giving the company access to its natural gas reserves. The deal is the second between the government and a foreign firm since the US-led invasion of Iraq in 2003. Al Jazeera's Nicole Johnston reports that under the terms of the deal, Iraq will have 51 per cent in the venture based in Basra and Shell 49 per cent. UPDATE: Since this video was made Shell have confirmed that the contract does not include a production sharing agreement. Tags: Nicole Johnston al jazeera english iraq shell oil deal gas royal dutch |
Benützer: avlis77 |
Abdullah Ibrahim - Dollar Brand / Soweto - Sathima (part) Dollar Brand - Abdullah Ibrahim / Soweto - Sathima (part) Pictures of Xana (Alexandra Abreu) Tags: Dollar Brand Pevidem Abdullah Ibrahim Xanex ubi Xana guimaraes hi5 covilha |
Benützer: noCoffee |
m.i.a. _ ten dollar excerpt from kcrw morning becomes eclectic, summer 2005 Tags: m.i.a. |
Benützer: Soberphobe |
Tommy McCook & The Skatalites / Silver Dollar audio only Tags: Tommy McCook Skatalites |
Benützer: HospitalRecords |
Billion Dollar Gravy By London Elektricity Wicked Animated video to the track Billion Dollar Gravy by London Elektricity, available on Hospital Records Tags: london elektricity hospital records dnb |
Benützer: eschoolnews |
$100 laptop... Billion-dollar idea In a keynote speech at this year's NECC, Nicholas Negroponte, founder of the One Laptop Per Child initiative, explains what he hopes to achieve through the project--and educators offer their reactions. Tags: eschool news NECC education technology Negroponte |