Video: Where did our financial problems originate from?

I have to say. This is one of the best videos I’ve seen in a long time.

They really spell out everything about this financial crisis and where it came from. By the way, it started in the Carter Administration. The Community Reinvestment Act of 1977. Google it. I did. This is what I found:

The Community Reinvestment Act (CRA), enacted by Congress in 1977 (12 U.S.C. 2901) and implemented by Regulations 12 CFR parts 25, 228, 345, and 563e, is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate.

“In the communities in which they operate.” Remember that.

Here is the video. It is rather long. Over 10 minutes. But, it is worth every second. If we are to win in this election and save this country from utter disaster, then Barack Obama cannot win. He just can’t.

If you liked this video, email it. Post in on forums. Post it on other sites. Anything to get the word out. People NEED to know.

UPDATE: VIDEO WAS TAKEN DOWN BY YOUTUBE!

What does this tell you about this video? This is very important information and of course the libs are trying to stifle it. They’re all about the 1st Amendment, until someone doesn’t agree with them.

UPDATE: Video is back on youtube without the songs that Time Warner had copyrights on. Time Warner wanted this video off the internet…why? Well, maybe because Time Warner has given Barack Obama over $330,000 this year for his election!

Here is the updated video:

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4 Comments to “Video: Where did our financial problems originate from?”

  1. Ryan M:

    Please for the love of God, forward this to everyone you know. This could be the difference of the future of our beloved country.

    RM

  2. david:

    Video is not working

  3. sylvia:

    Doesn’t this SEEM A LITTLE LATE, people??? WHAT ELSE IS NEW.. LET’S ‘BLAME THE DEMOCRATS’, WHAT HAPPENED WHEN WE HAD A REPUBLICAN CONGRESS?? WOULDN’T THAT BE THE PERFECT TIME TO CORRECT PROBLEMS THAT DEMOCRATS SCREWED UP IF THAT WAS THE CASE…WHEN REPUBLICANS HAD THE RULE…… IF THEY ARE SO SMART, WHY DIDN’T THEY TAKE FULL ADVANTAGE OF FIXING THE PROBLEMS WHEN ?????.. WE HAD 8 YRS OF NOTHING BEING DONE BUT SPEND, SPEND, SPEND. THINK ABOUT IT … THE LOW INCOME HAVE NO MONEY, THEY ARE NOT THE ONES WHO OVER EXTENDED THEMSELVES, THEY DIDN’T BUY HOMES BEYOND THEIR MEANS BECAUSE THEY ARE LOW INCOME.., AND GUESS WHAT, MOST OF THEM ARE HARD WORKING PEOPLE WHO HAVE PAID OR STILL PAYING FOR THEIR HOMES…AND MOST OF THEM STILL LIVE IN THOSE HOMES!!!…. LET US BLAME EVERYONE BUT THE REPUBLICANS…THEY AREN’T EVEN SMART ENOUGH TO DO ANYTHING BUT BLAME, DISTORT THE TRUTH AND TAKE NO RESPONSIBILITY!!!! WE ALL SHOULD KNOW THE FAT CATS TOOK MORE THAN THEIR SHARE, BUT THE POLITICIANS WON’T DO ANY THING BECAUSE ALL OF THEM WILL BE CEO’S AS SOON AS THEIR JOB IN WASHINGTON IS OVER.. REMEMBER, MOST OF THE PROBLEM IS BECAUSE MANY PEOPLE WITH GOOD INCOMES BIT OFF MORE THAN THEY COULD AFFORD TRYING TO LIVE BEYOND THEIR AMERICAN DREAMS OR THE GET RICH QUICK SCHEMES OF BUYING AND FLIPPING BUT GETTING STUCK!!

  4. Dr Grace G:

    We need our jobs BACK in OUR own country. It maybe cheaper labor, but in the end what the government officials do NOT realize, is that when we pay the workers over seas, that is where they SPEND their paychecks. We keep on paying, but the money is NOT CIRCULATING BACK TO US, it stays THERE, we need the money to circulate in our own country not on another continent because this is where we need it. RIGHT HERE! If we earn a paycheck, we spend it in OUR USA stores, it stays in our economy. In the USA entire factories stay empty while they could provide thousands of jobs per factory. We don’t need cheap toxic **** from CHINA when we have plenty of hard working eager Americans who can’t pay their bills, because they lost their jobs. The biggest most successful companies are laying off thousands of workers per day? That is why we are loosing our homes! Our economy can not take any more hits. Stop looking for cheap labor and return our jobs right here in America, let the beautiful green dollar stay HOME with us!!!!!!!!

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