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Old 01-27-2009, 10:49 AM   #1
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Federal Reserve EPIC FAIL



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Old 01-27-2009, 11:34 AM   #2
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Wow I just finished watching this video. That is unreal..... Very scary
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Old 01-27-2009, 12:13 PM   #3
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Holy Sh*t...
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Old 01-27-2009, 04:17 PM   #4
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Does this take inflation into account?
A billion dollars was a hell of a lot of money back in 1929...

Also, fun fact:
Did you know the Federal Reserve is not a Federal institution. It's a privately owned banking foundation that our government borrows from. With interest. THAT is why we are so far in the hole.
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Old 01-27-2009, 04:25 PM   #5
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No, Ender, those numbers don't take inflation into account.

What we're seeing now, in comparison, isn't yet as bad as the Great Depression. sure, we're in debt, but America has been in debt since it became a nation.

I'm not as bothered by this as this video says I should be. When it gets bad, you'll feel it everywhere.

And if Obama makes good on his promises (most of which Congress, not himself, has the power to do), it'll get better in about two years.
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Old 01-27-2009, 04:27 PM   #6
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Its already being felt everywhere. Maybe not felt by everybody...
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Old 01-27-2009, 05:06 PM   #7
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Well, it's not being felt in my house. Or neighborhood.
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Old 01-27-2009, 06:47 PM   #8
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Time for a Fun Fact!!!!

Andrew Jackson was the only President who actually fixed the United State's Debt.
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Old 01-28-2009, 12:46 AM   #9
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Quote:
Originally Posted by op89x View Post
No, Ender, those numbers don't take inflation into account.

What we're seeing now, in comparison, isn't yet as bad as the Great Depression. sure, we're in debt, but America has been in debt since it became a nation.

I'm not as bothered by this as this video says I should be. When it gets bad, you'll feel it everywhere.

And if Obama makes good on his promises (most of which Congress, not himself, has the power to do), it'll get better in about two years.
ah yes, the stimulas package which has so much crap written it it that has nothing to do with helping the economy and that wont have much of an effect for the first two years, which by then the worse will be over.
Yes, that will help us!! [/sarcasm]
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Old 01-28-2009, 01:17 AM   #10
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700 billion ha hahah hahaha hahahaha hold on i need to catch my breath. Try more like 2 trillion. The first stimulus alone was 825 billion.
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