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Overdose: The Next Financial Crisis


The US Government has launched bailouts, stimulus packages and guarantees to the tune of Ten Thousand Billion Dollars. 

 

That's more than the total cost to the US Government for World War I, World War II, the Korean War, the Vietnam War, the Invasion of Iraq, the New Deal, the Marshall Plan AND the Moon Landing!!! 

 

Bush almost racked up more US debt than all the Presidents before him combined, from George Washington to Bill Clinton!

 

...And Obama is almost creating greater debt than all the presidents before him, including George W. Bush!


 
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11 Comments on Overdose: The Next Financial Crisis

SEP
03
2010
481,309 Points 36 Featured Posts Outside Blog

I left out my favorite group, The Optimist Group, because this was just too gloomy for it.   

Watch this movie!  It is sobering!
11:18pm • #1
865,493 Points 50 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp

I'm wondering if the next bubble to pop will be the Federal Government...  It is getting too big to be sustainable. 
11:23pm • #2
481,309 Points 36 Featured Posts Outside Blog

Lane:  We're all wondering the same thing...
11:29pm • #3
481,309 Points 36 Featured Posts Outside Blog

E$G, Enterprise Sponsored Government...
11:30pm • #4
441,825 Points 20 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

The only expanding business is government.  Then again if you do not work for the government then most people are taking handouts from them.  There are fewer and fewer of us supporting all of this. 
11:32pm • #5
441,825 Points 20 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

The only expanding business is government.  Then again if you do not work for the government then most people are taking handouts from them.  There are fewer and fewer of us supporting all of this. 
11:32pm • #6
SEP
04
2010
563,639 Points 17 Featured Posts Called Shot Master

Its just another in a continuing line of failed wars prorgrams including the war on drugs, the war on poverty, the war on education, the war on the economy. And yes, I think their truly is a war on education and the economy.
11:27am • #7
110,356 Points

Everyone needs to watch this sobering video.  It is a chronological explanation of the stock market, real estate and now bail-out bubbles.
4:35pm • #8
SEP
06
2010
210,150 Points 1 Featured Post Called Shot Master
I'm sure it's a thought provoking video, but YouTube says it's been removed. I think November will be a time when "We the People" get to do something about the government that is too big to fail (yet it's failing us all).
11:44pm • #9
SEP
07
2010
481,309 Points 36 Featured Posts Outside Blog

Drick:  Wow!  The video has been removed...  Indeed!  Big Brother is not only watching, but obviously taking action...  Sad!  Lesson learnt: from now on, copy any and all truth reaveling videos on to my hard drive!  Unbelievable!  This is not the first time witnessing this, yet it still amazes me.  Very unsettling...  Too much of a reminder of what I left behind when I joyously said goodbye to Communist Romania, the country my parents defected from...
1:37pm • #10
SEP
09
481,309 Points 36 Featured Posts Outside Blog

Yay!  The video is back!
10:56pm • #11

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