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31 Comments

  • Jeff Garlick 2 months ago

    Any bill that extends MORE credit to lenders to who did such a HORRIBLE job of loaning money that it led to this mess in the first place is a BAD idea! It’s like giving heroin addicts clean needles so they can get their fix but not as dangerously.

    I would never claim to have the answer, NOBODY seems to, but it seems like reform of the banking community and OVERSIGHT should be KEY to this legislation - if we’re ALL going to pay, we should get SOMETHING for our nearly TRILLION dollars! Safer more stable and saner bankers would be a start!

    BTW - LOVE the “Schoolhouse Rock” clip but now I’m humming the Lolly’s Lolly’s Lolly’s Adverb song! lol!

    • michael7d7 2 months ago

      comment from YouTube:
      i’m not convinced.

      • merickinhawaii 2 months ago

        comment from YouTube:
        You know your stuff I think. You always break it down to where I even understand whats going on! I have been on this channel long enough that I am finally listening to you and lmao at the inset pictures!(It takes training not to just look at you) Great Info.! mahalo! Aloha.

        • baluvideo 2 months ago

          comment from YouTube:
          fun. can you please make a video about what the dangers of this plan are? I mean everybody kinda knows what it is meant to do but what are the chances of it actually doing it?

          • hanotube 2 months ago

            comment from YouTube:
            Sky is the limit - isn’t she lovely :)

            • me3tv 2 months ago

              OK - pigs on wallstreet. Nothing new there. But the gate was opened up by Clinton admin pushing risky loans to risky people through FRE and FNM years ago. Warning flags by Bush and McCain were ignored. Add some mark to market regulations that kicked the legs out from under asset values and bingo - foreclosures mount and credit dries up for everybody. It sure seems to me like the taxpayers voted in administrations and congress predisposed to make the money easy to borrow. Actually 9-11 was a huge factor because then with markets worldwide in disarray - the gates to push money had to be opened wider still. IT was hard for us taxpayers and our government representatives to think about closing the gate down. It was pig heaven. Given GOVERNMENT was a big factor in allowing the pig fest - I think it is OK for Government to throw out a ifeline. We taxpayers will get our life-ring 800 Billion back in a few years - maybe with a profit and it will not have affected the deficit. Meanwhile - a disaster of a depression that takes us all down is avoided for a mild recession (hopefully no worse than that). I am for FREE MARKETS but it aint a FREE MARKET when government shifts policy to throw money one way or the other. It is a hybrid no matter what we wish it was.

              • ratholin 2 months ago

                comment from YouTube:
                About zero percent. Basically we just added a trillion dollars we don’t have to a 3 trillion dollar a year economy. If you’re smart you’ll trade your money for canadian before you have to figure how many dollars to the peso.

                • Spintown7 2 months ago

                  comment from YouTube:
                  Breaking out the School House Rock clip…nice. Now sing me a song…stay with the School House Rock theme if you want. How about a little Conjuction Juction?

                  • zozo 2 months ago

                    me3tv,
                    you are for free markets, but because banks were not (and are still not) being held responsible for their actions, they can continue acting in the same way and get bailed out. do you know who pays for that? you do. we all do. with this bailout every man, woman, and child in the U.S. pays $2000 to reward bad banking.
                    we need a solution, but the solution needs to ensure that the money will go back to the people paying for it.

                    • ubuibiok 2 months ago

                      comment from YouTube:
                      What are you confused about?

                      It’s a 800 Billion package, 700 Billion to be used in 50 Billion Bites, 100 Billion in Pork and a whole bunch of Business tax Credits to rebate Energy improvement expenses.

                      It removes Coal Power Plant Emission testings and record keeping by the Utility Or Steel Coal Exhaust and raises the CO2 Out-put Levels.

                      Foreclosed Property will be bought back from the Mortgage holders and that allows them to reinvest in China or wherever they can get the best returns.

                      • scienterprize 2 months ago

                        comment from YouTube:
                        If only US stops spending on military operations oversea and weapons, and start spending into the domestic growth of its economy, then may be it will be in a better position to have a more modest recession

                        • D. Volatility 2 months ago

                          Hey, the taxpayers are shelling out $$ now to make MAD DOUGH in a few years when all of the inventory is worked off and all of these securities bought for pennies on the dollar can be resold to the private market!!! that’s just me, and warren buffett.. http://www.distressedvolatility.com

                          • KenwoodKlown 2 months ago

                            comment from YouTube:
                            sigh

                            • JOBRAIL1 One month ago

                              comment from YouTube:
                              Aw come on, the Australian dollar is probably a better deal. We are going to be so screwed for so long it will be amazing.

                              • ssh83 One month ago

                                comment from YouTube:
                                military operations oversea has nothing to do with subprime mortgage crisis. Ignorance and greed are the causes of this epic financial failure.

                                • Bob One month ago

                                  What happened to Mondays episode? I want my fix of Julie! Bob

                                  • julie Alexandria One month ago

                                    dont worry - tues will be a new ep - we just didnt want to stop the “Bailout train”.
                                    New ep will be up tmrw, promise :)

                                  • scienterprize One month ago

                                    comment from YouTube:
                                    Military operations itself has not direct relevance to the credit crisis on its own right, and note I never intended to link it to the subprime crisis…. however, it does have an impact on the economy and the strength of US dollars, which again would be linked to markets and power of US economy. Greed in deed is one cause, but for subprime, not only bankers/ lenders should be blamed as borrowers have equal responsibility to understand their financial status prior. Regulators/ politicians also

                                    • 0410warner One month ago

                                      comment from YouTube:
                                      ….

                                      looks like there’s not gonna be very many more wallstrip videos…

                                      sigh..

                                      • davidpetersonharvey One month ago

                                        comment from YouTube:
                                        That bailout and the resulting crash lost us one third of our retirement account. Thanks, George W.

                                        • jflebano One month ago

                                          comment from YouTube:
                                          Just remember that the president is powerless to pass laws and for the the last two years, arguably the worst, we have been living under a democratic controlled congress. Further,the bailout can be traced directly back to the Clinton administration and the pressure it put on FNMA to relax lending policies to make loans to so-called subprime borrowers.

                                          • ILoveCamelToes2 One month ago

                                            comment from YouTube:
                                            I Thank I Love You!

                                            • DCX2 24 days ago

                                              To those who blame Fannie and Freddie, there’s a bit in my one blog post about how even Alan Greenspan admits they had little to do with the economic crisis.

                                              I think it’s interesting that everyone blames Clinton’s administration, without remembering that President Bush pushed the “ownership society”. In June of 2002, Bush had a goal of increasing minority home ownership by 5.5 million before the end of the decade.

                                              Remember, anyone who tries to tell you that only the other guy is responsible for the crisis is wrong. Do not ask weather xyz is *responsible* for the crisis, but whether xyz *contributed* to the crisis, and remember that everyone on all sides helped in some way.

                                              • UncleJeffreySpuds 24 days ago

                                                comment from YouTube:
                                                You forgot to thank Barney “Mumbles” Frank as well. Oh, yeah, and how about Nancy Pelosi??

                                                • davidpetersonharvey 24 days ago

                                                  comment from YouTube:
                                                  You are absolutely right about the democrats setting in motion the wheels that caused this mess! However, the president does have the power to veto laws. Considering some of the things he has stood for, and done, including supporting a cap on wrongful death suits that would allow companies to the penny how many people it could kill and still turn a profit, I don’t think he’s been the leader we needed during this mess.

                                                  • davidpetersonharvey 24 days ago

                                                    comment from YouTube:
                                                    Oh, yeah, thank you Mumbles and Nancy! I’m sending you a fruitcake for Christmas. Don’t worry, that ticking is just the fruit settling into the cake! LOL

                                                    DISCLAIMER: This is a light-hearted joke and any resemblance between this joke and a death threat is an attempt at parody and is for humorous effect only.

                                                    • John Whitaker 17 days ago

                                                      I am a father of 3 and a single parent. I have work all my life to support my 3 kids. There are many times when food was not on the table and many more time that I could not get what my children needed. I am not a educated person, but educated enough to know that every Americans who are not as lucky as corporate Americans are severely suffering from what our Goverment have done. I guess if you want to be bail out just commit a crime. I think many people would agree that America is the land for the Rich and the Powerful and if you not Rich and Powerful then you are forgotten.
                                                      It hurts me to see my friends and familys being gamed in America.
                                                      Maybe our lives are not important anymore to the Government as the lives of the Rich and Powerful. It hurts me to see so many American are being blind sided by the bailout. I guess that is how it is in America. The Financial institutions has abused their market freedom and now want the people who they have con to pay for their crime and bail them out. What really sucks is that the goverment let it happen when it is the bad decission making of many corporate executive. Freedom in America? I don’t think we all even know what the word “Freedom” even means anymore.

                                                      • adj8767 11 days ago

                                                        comment from YouTube:
                                                        she’s such a hottie.

                                                        • longlastting 9 days ago

                                                          comment from YouTube:
                                                          We should stop all bailouts; otherwise, the us economy will fall into deeper deflation.

                                                          • kev8767 5 days ago

                                                            comment from YouTube:
                                                            i have to jerk off.

                                                            • elmirrider 3 days ago

                                                              comment from YouTube:
                                                              Damn she sexy…what is she talking about?

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