Great job! It is actually worse than this. Check this out: The sponsor of the original loan was the BORROWER . In other words he was conned into thinking he had to pay it back in the first place because it was HIS money to start with.
klard
04 January 2010, 7:24 pm
Ooops forgot the real problem and prime instigator of the so called crisis, derivatives.
firstfireprd
06 January 2010, 4:05 pm
very funny stuff … and hard to believe it’s actually true.
trapjohnson
09 January 2010, 8:19 pm
Well, one thing where the VlogBros and probablly the rest of nerdfighteria and I can fundamentally agree.
mattt1ooo
12 January 2010, 8:09 am
BANK OF AMERICA IS THE MOST CORRUPT BANK IN THE COUNTRY!. Bank of America harassed me, ruined my credit, charged me over $800 in fees over a 10 day period, tried to humiliate me, and never stopped calling my house- all because of $50 overdraft!!
In one day I was charged over $250 in overdraft fees because of a company that took advantage of my bank account- BofA charges more fees than any bank in the World!
pishdad
15 January 2010, 7:02 pm
Ha, ha, ha, ha!
curtatlanta
19 January 2010, 2:58 am
Too funny, great job!
bigz008
22 January 2010, 4:11 am
lol at 3:37-4:40
brainsells3000
24 January 2010, 9:54 pm
Not all banks ran with the government.
FinancialTales
26 January 2010, 12:32 am
very entertaining
ProtoRez
29 January 2010, 7:10 am
ROFL very much true.
jsl5570
29 January 2010, 9:49 am
Now I understand Barney Frank economics!
fidoajit
01 February 2010, 9:23 pm
Good one dude
AccuracyMarked
04 February 2010, 6:37 am
That was really good…appreciate the entertainment.
FlailingDingaling
05 February 2010, 10:25 pm
Amazing Hank. Simply brilliant. I learn so much from you guys, thank you
bookwormdaisy
07 February 2010, 12:06 pm
It’s crazy how much more interesting this is when you guys explain it. Keep up the good work!
mylovelydame21
08 February 2010, 6:37 am
AHHH… I see. THAT’S what happened. I knew it had to do with banks and houses, but I didn’t know it was about loans. And somehow, things haven’t improved. That’s a damn shame.
DK0526
08 February 2010, 6:47 am
I vote for the libertarians or taxpayers party in the primarys and the lesser of 2 turds in the general elections…many dont know it but Hitler’s party the NAZI party in german stands for (national Socialist ) party! How soon we forget! Obama is not even ashamed of his socialist connections despite almost every war waged by the US was against tyrannical socialists..all those lives lost for what and now we vote in the enemy with out a shot fired! Peace can be deadlier then War ask Hitlers jews!
MrSkinnn
09 February 2010, 10:41 pm
“Fiscal restraint is needed while capital growth catches up to the money supply .”
That is exactly what we need , , , INSTEAD the obamanation is doing the opposite! This socialist government is spending and giving money away like a drunkin teenager with his parents limitless credit card. What happens next???
Vote ALL the bums out. Dems/Repubs no difference, they all work for the CEO’s & sold us out over the past 8 years!
“What good fortune for governments that people don’t think.”
- Hitler
TabbyKate
11 February 2010, 5:37 pm
this is pretty much my fave video ever, I never thought I would say that, because although I love u both, I love John a little more… like, the most infintesimle bit more… but this was awesome. my dad explained this to e in the exact same way… yay for the econoically inded people of our world
DK0526
12 February 2010, 7:37 pm
sure socialists at the federal reserv start a fire with too much fuel=low interest money. And Obamas solution add more fuel= stimulous money to the fire when the smoke clears we will all be burnt! without goods and services that respresent the money watch out for run away inflation. Closing it down entirely is like dumping all the fuel/ money out! Then your car has nothing to run on..try pushing your car without fuel! Fiscal restraint is needed while capital growth catches up to the money supply
DK0526
14 February 2010, 12:26 pm
you forgot the socialists govs role in the crisis…ie the fed reserve or central bank as marx would say …lowering the interest rate and flooding the market with money so banks had to loan at higher and faster rates to compete for investments themselves of risk loosing customers to the more aggressive banks! money is reciepts for labor/services…print too much and stuff like realestate will be worth less…socialist solution borrow more..pay bills later (after term) ie stimulous package!
evilwestern
16 February 2010, 9:28 pm
Our financial regulatory system is a disaster. The Obama administration should have called it by its proper name, proposed to close it down entirely, and argued to replace it with a more integrated and completely rationalized approach. That at least would have moved the bargaining position of the regulators they would now be too busy trying to save their jobs to oppose Treasury on substance.
deagla
16 February 2010, 9:52 pm
Eh the Illuminati is a vile hierarchy of bluebloods steered by Rothschilds, StClairs, Windsors, Al Gore & Pike etc who rule secret societies invcluding Freemasonry. Their Agenda: force-vaccinate people with toxic swine flu vaccines, WW3, implement Codex Alimentarius & internet 2 then stage an alien invasion to get a world government with us chipped. Support Oracle Broadcasting, Dr. Deagle and Stewart Swerdlow!
04 January 2010, 4:11 am
Great job! It is actually worse than this. Check this out: The sponsor of the original loan was the BORROWER . In other words he was conned into thinking he had to pay it back in the first place because it was HIS money to start with.
04 January 2010, 7:24 pm
Ooops forgot the real problem and prime instigator of the so called crisis, derivatives.
06 January 2010, 4:05 pm
very funny stuff … and hard to believe it’s actually true.
09 January 2010, 8:19 pm
Well, one thing where the VlogBros and probablly the rest of nerdfighteria and I can fundamentally agree.
12 January 2010, 8:09 am
BANK OF AMERICA IS THE MOST CORRUPT BANK IN THE COUNTRY!. Bank of America harassed me, ruined my credit, charged me over $800 in fees over a 10 day period, tried to humiliate me, and never stopped calling my house- all because of $50 overdraft!!
In one day I was charged over $250 in overdraft fees because of a company that took advantage of my bank account- BofA charges more fees than any bank in the World!
15 January 2010, 7:02 pm
Ha, ha, ha, ha!
19 January 2010, 2:58 am
Too funny, great job!
22 January 2010, 4:11 am
lol at 3:37-4:40
24 January 2010, 9:54 pm
Not all banks ran with the government.
26 January 2010, 12:32 am
very entertaining
29 January 2010, 7:10 am
ROFL very much true.
29 January 2010, 9:49 am
Now I understand Barney Frank economics!
01 February 2010, 9:23 pm
Good one dude
04 February 2010, 6:37 am
That was really good…appreciate the entertainment.
05 February 2010, 10:25 pm
Amazing Hank. Simply brilliant. I learn so much from you guys, thank you
07 February 2010, 12:06 pm
It’s crazy how much more interesting this is when you guys explain it.
Keep up the good work!
08 February 2010, 6:37 am
AHHH… I see. THAT’S what happened. I knew it had to do with banks and houses, but I didn’t know it was about loans. And somehow, things haven’t improved. That’s a damn shame.
08 February 2010, 6:47 am
I vote for the libertarians or taxpayers party in the primarys and the lesser of 2 turds in the general elections…many dont know it but Hitler’s party the NAZI party in german stands for (national Socialist ) party! How soon we forget! Obama is not even ashamed of his socialist connections despite almost every war waged by the US was against tyrannical socialists..all those lives lost for what and now we vote in the enemy with out a shot fired! Peace can be deadlier then War ask Hitlers jews!
09 February 2010, 10:41 pm
“Fiscal restraint is needed while capital growth catches up to the money supply .”
That is exactly what we need , , , INSTEAD the obamanation is doing the opposite! This socialist government is spending and giving money away like a drunkin teenager with his parents limitless credit card. What happens next???
Vote ALL the bums out. Dems/Repubs no difference, they all work for the CEO’s & sold us out over the past 8 years!
“What good fortune for governments that people don’t think.”
- Hitler
11 February 2010, 5:37 pm
this is pretty much my fave video ever, I never thought I would say that, because although I love u both, I love John a little more… like, the most infintesimle bit more… but this was awesome. my dad explained this to e in the exact same way… yay for the econoically inded people of our world
12 February 2010, 7:37 pm
sure socialists at the federal reserv start a fire with too much fuel=low interest money. And Obamas solution add more fuel= stimulous money to the fire when the smoke clears we will all be burnt! without goods and services that respresent the money watch out for run away inflation. Closing it down entirely is like dumping all the fuel/ money out! Then your car has nothing to run on..try pushing your car without fuel! Fiscal restraint is needed while capital growth catches up to the money supply
14 February 2010, 12:26 pm
you forgot the socialists govs role in the crisis…ie the fed reserve or central bank as marx would say …lowering the interest rate and flooding the market with money so banks had to loan at higher and faster rates to compete for investments themselves of risk loosing customers to the more aggressive banks! money is reciepts for labor/services…print too much and stuff like realestate will be worth less…socialist solution borrow more..pay bills later (after term) ie stimulous package!
16 February 2010, 9:28 pm
Our financial regulatory system is a disaster. The Obama administration should have called it by its proper name, proposed to close it down entirely, and argued to replace it with a more integrated and completely rationalized approach. That at least would have moved the bargaining position of the regulators they would now be too busy trying to save their jobs to oppose Treasury on substance.
16 February 2010, 9:52 pm
Eh the Illuminati is a vile hierarchy of bluebloods steered by Rothschilds, StClairs, Windsors, Al Gore & Pike etc who rule secret societies invcluding Freemasonry. Their Agenda: force-vaccinate people with toxic swine flu vaccines, WW3, implement Codex Alimentarius & internet 2 then stage an alien invasion to get a world government with us chipped. Support Oracle Broadcasting, Dr. Deagle and Stewart Swerdlow!