<object width="400" height="225"><param name="allowfullscreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="movie" value="http://vimeo.com/moogaloop.swf?clip_id=3261363&server=vimeo.com&show_title=1&show_byline=1&show_portrait=0&color=&fullscreen=1" /><embed src="http://vimeo.com/moogaloop.swf?clip_id=3261363&server=vimeo.com&show_title=1&show_byline=1&show_portrait=0&color=&fullscreen=1" type="application/x-shockwave-flash" allowfullscreen="true" allowscriptaccess="always" width="400" height="225"></embed></object><br /><a href="http://vimeo.com/3261363">The Crisis of Credit Visualized</a> from <a href="http://vimeo.com/jonathanjarvis">Jonathan Jarvis</a> on <a href="http://vimeo.com">Vimeo</a>.
And Barney Frank types making it all as easy as possible in the name of social justice.
gee, I thought it was all Bush's fault. Try to get it right when when you want to laugh at people.
2 minutes in and so far so good.
A couple of points:
1) The "investors" don't go to the Federal Reserve for the U.S. Treasuries, they go to the U.S. Treasury which holds auctions.
2) The investors, represented by Pension Funds, etc., ultimately represents the workers who invest in the pensions and demand a higher return for the money they contribute.
Continue....
A couple of points:
1) The "investors" don't go to the Federal Reserve for the U.S. Treasuries, they go to the U.S. Treasury which holds auctions.
2) The investors, represented by Pension Funds, etc., ultimately represents the workers who invest in the pensions and demand a higher return for the money they contribute.
Continue....
I like how the "less responsible" home buyers are smoking and have many kids. Funny...go on...
The visual also shows 9 out of 11 houses being foreclosed on, when actually it is 8 of every 100....but continue....
Overall, it is pretty much right on point and breaks it down near perfectly.
Great post.
The visual also shows 9 out of 11 houses being foreclosed on, when actually it is 8 of every 100....but continue....
Overall, it is pretty much right on point and breaks it down near perfectly.
Great post.
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yea, no kidding. They have all their supposed "financial experts" every night now discussing our country's crisis and they don't get anywhere other than repeating their mumbo jumbo which makes it obvious they don't have a f'in clue themselves. They need to save their worthless hourly discussions, take 5 min and show this clip to their viewers. It's very condensed, yes, but at least they'll have a good starting point for further discussions. But we all know there's no way in hell that'll ever happen.
