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A look at the financial crisis-1/3


Bailout for Mortgage Giants, IndyMac Bank Collapse, Dollar Hits New Low, Inflation at 26-Year High, Dow Falls Below 11K…A Look at the Financial Crisis It has been a tough seven days for the US economy. On Friday, the FDIC seized control of the failed California-based IndyMac Bank. It was second largest bank failure in US history. Analysts project another 150 banks could collapse. On Sunday, Treasury Secretary Henry Paulson announced extraordinary moves to bail out the mortgage giants Freddie Mac and Fannie Mae. On Tuesday, the Dow Jones Industrial Average dipped below 11000 for the first time since 2006 and the dollar hit a record low against the euro. And Wednesday, it was announced that inflation is now rising at its fastest pace in twenty-six years. We take an in-depth look an the economic crisis. [includes rush transcript]

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22 Responses

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  1. EmpireStrikesOut said

    “The population of the whole I like your country highly confident that IQ has a. The truth is, we have walls and sheep, all too hard, your opinion that people, all Americans You do not like people might be hard to break I think people want to encapsulate. … Good and bad in all countries the confidence to open your eyes, “he is right, please see easy to fool It is. Shit in your 70 years for the next guy wants nothing appears insane credit expansion. Back the fuck up growth.

  2. Jesus0Saves0Lacy said

    Fuck the police! fuck em! The fu! The Fighting Mutherfuckers. . .

  3. beancube2008 said

    I am opposed to the debt-driven business plan completely. They said, “We and the benefit it is to take the debt of your turn. The rules of the game. Please leave.” They say to stop blaming the poor sales to get them are you with the demand of the slope / equation hold all the data supplied. Prices must be defeated, fraud scams can be used to inflate. The people behind the criminal scene in front of this administration must hold the line in protest as it should be sought.

  4. nilesriver2 said

    Your absolutely right. Chinese people are oppressed know shit. Poland is stupid, I knew everyone how good I can not believe not. The Oh, and maybe the entire population of your country as I was convinced that a high IQ you just hate people who are thinking about. The truth is, we are all sheep and the wall is also hard to accept the opinions of all Americans are hard to break people what you think. All trademarks good and evil. . Easy to open your eyes I see the confidence

  5. dastardlydude67 said

    Here is a typical American response. “It’s the liberals. It’s a Republican.” No, in fact, errors in total population, so far, going up please. Please refer to the time. Go fucking greedy and arrogant.

  6. dx8675309 said

    There, the Democratic Congress.

  7. mrzack888 said

    The LDP Amy Badman video looks very happy. Perhaps the United States willing to fall. Love is: “Religion Nattojobu. Please support the right wing red neck idiot Bush.

  8. faszika said

    SYNC hoe Fuck! The SYNC! : /

  9. FartheadOgre said

    Get your guns clean and ready. . . Welcome to humanity!

  10. Glsfutrs said

    They look like ass to President Bush, He101 – this is.

  11. He101A said

    That people with liberal communism. I have to admit is more honest than the mainstream media.

  12. AmericanKnowItAll said

    IndyMac collapse of a large mouth, corruption, political, named Charles Schumer SchumerPrin be hacked before the collapse of IndyMac How stupid, were forced to keep open his mouth whining to ask yourself. . . What if, in the newspapers, the child molestor for all your photos in front of the paper and was taking pictures of someone you once panties. Will you be removed maybe you think your child? You “tear shit calm the bellĀ« can not.

  13. taznruby said

    During a disaster, this information is true, very true, all Americans, take heart! The “time” and who is to test ethnos.Dino as brave and ready! I

  14. ITILII said

    , The difficult decision to make perfectly sure of the makers of 06 – to hard country and the world

  15. SoldOurLiberty said

    sabercool correct, and I’m an American. Your user name, which sold a little freedom for security from this quote, “I come all the places, deserve to lose both.” Americans are sheeple are looking for something just for them because of the government. We have no central bank of our economy or how you know. I have a dollar more than half the people we talk still backed by gold! And the general public, there is no law that will have to pay federal income tax. ;)

  16. sabercool said

    The truth is that I will be President Bush (insert president) needs to scare the British people are not just puppets. Aiona.Amerikanoi even more clearly the early 20th century from the IRS has not recognized a scam! Now that the people running this world, ancient lineage, and is supported by the industrial age. Things we have Morgan, Rockefeller, Rothschild is behind, and Bill Gates do not see a strong international bank poor paraskinia.Aftes.

  17. myspacesecrets said

    Awesome. . . Sorry about the market is now down to hard politesalla hardworkind! I’m sorry to say!

  18. centervilletn said

    Collapse of the country. . . Taxpayers and there we have the criminals escape from the island under martial law, purchase from the chaos of the next 10 years. .

  19. centervilletn said

    Good condition

  20. JUKIO01 said

    Go. . .

  21. JUKIO01 said

    Are the same people who run this country is not a Bush doll.

  22. silverfoxcondor46 said

    Thank you President Bush is, to let the country go to hell thanks to fear a tough decision.