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Desc:Skip to 2:19
Category:Horror, News & Politics
Tags:economy, bailout, bernake, fed
Submitted:Whitewater5
Date:02/10/09
Views:2382
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Comment count is 26
jangbones - 2009-02-10
The most horrifying video on poetv.
oswaldtheluckyrabbit - 2009-02-10
Should be required viewing for all Ron Paul-ites.

And everybody.
Pillager - 2009-02-10
Why?

They'll just continue to blame the gummint for all our ills...


zatojones - 2009-02-10
yes remember the banking failure was because there was too much government regulation not too little

zatojones - 2009-02-10
and pretty much so long as the Fed exists Paul and his ilk will always say there is too much government interference

Hooper_X - 2009-02-10
So long as the GOVERNMENT exists, the Paultards will say there's too much government.

Xenocide - 2009-02-10
So "socialism," as defined by the right, literally saved the world.

LAUGHING TIME IS NOW.
Smellvin - 2009-02-10
A. The world isn't exactly saved yet. It might have just temporarily prolonged the world.

B. *dons pragmatic, tin-foil hat* This may never have even happened and might have just been the Treasury/Fed's way of pushing congress to act without thinking (a la Patriot Act and Iraq War resolution)

zatojones - 2009-02-10
brb buying ammunition and canned goods
Nikon - 2009-02-10
H O L Y
S H I T
Udderdude - 2009-02-10
It's all a big shell game. Don't rock the boat!
sosage - 2009-02-10
What/who caused the sudden 5 trillion sapping early in the morning...and why all of a sudden if it wasn't from one source? Conspiracy?!?!
sosage - 2009-02-10
Sorry...550 billion

almo - 2009-02-17
The notion that this would have caused 5 trillion in drawouts in these money market mutual funds is absolutely ridiculous considering that there was only about three and a half trillion in them.

Never trust the words of a politician.

Camonk - 2009-02-10
Jesus if I understood what all that shit meant it would be absolutely horrifying. It was still pretty scary.
kingarthur - 2009-02-10
Let's just say now is an EXTREMELY interesting time to be working on an MBA. I want to switch my concentration from global finance to marketing so, so bad.

Dutch Oven Fresh Pie - 2009-02-10
YouTube comments are great. "Why do we need banks?" "We can just barter!" and "Revolution!"
kingarthur - 2009-02-10
Those people are the reason you buy the canned food and shotguns.

Senator_Unger - 2009-02-10
You know, I was wondering why the FDIC, which had insured deposits up to 0,000 for as long as I could remember, had suddenly started insuring deposits up to 0,000. Now that I know, I wish I didn't.
RockBolt - 2009-02-10
*spit take*
Desidiosus - 2009-02-10
We have been up shit creek for months now and there is still no sign of a paddle.
Jimmy The Headless Frog Boy - 2009-02-10
I heard a commentator talking on Bloomburg Radio about the panic discused at 3:00.

He said we almost lost the inter-bank A.T.M. system because there was so little trust between banks. He also said 1 major retailer almost went "Cash Only" and would have refused all credit card transactions.

It's bad out there, and it's going to get much worse.

Lauritz Melchior - 2009-02-10
Could somebody get in touch with Fuck Team Five for me?
Jefka - 2009-02-10
The last analogy is pretty terrifying.
Rodents of Unusual Size - 2009-02-11
How do you prevent all those extra assets from going sour then? I knew before that essentially that day credit stopped virtually existing at all, but all of this is so daunting and horrifying it goes beyond description.
NoCode - 2009-02-13
AHAHHAHAHAHAHHAHAHAHAHA

hysterical laughing.
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