Mastercard: Official Card Of The 2nd Depression

Posted by operationitch on Sep. 23, 2008

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manutd9 - 2 years ago

i love the comments...all arguments or political attacks

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gdnimrod - 2 years ago

Farmerfran bellow me is an idiot, i suggest you stop trying to talk smart and go take some intro to macroeconomics classes.. obviously everything is cyclical but you cant blame one bubble for another one! Otherwise you could say the dot com bubble was tied to war in iraq or the re-election of G.W. The long and short of the subprime mess was basically idiot average joes (poor black people) buying houses they NEVER should have been able to in the place. They dont pay their loans, banks dont get their forecas

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- FarmerFran - 2 years ago
  
  @gdnimrod Several economists have argued that the stock market crash, especially in the dot-com and technology sectors, in 2000 and the subsequent 70% (or so) drop of the NASDAQ composite index resulted in many people taking their money out of the stock market and purchasing real estate, which many believed to be a more reliable investment.[23][45][46] Yale economist Robert Shiller argued further that "irrational exuberance" was displaced from the fallen stock market to housing: "Once stocks fell, real estate became
  
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- FarmerFran - 2 years ago
  
  @gdnimrod Wikipedia - Causes of the United States housing bubble
  
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- FarmerFran - 2 years ago
  
  @gdnimrod I cannot prove whether or not I'm an "idiot”. I can, however, prove that I do my research before I start spitting out facts. Unlike most of you...
  
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- voltagex - 2 years ago
  
  @gdnimrod The FarmerFran is hilarious, ahahah he learned to copy and paste!! AHAHA
  
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FarmerFran - 2 years ago

philbio, you stubborn, arrogant, elitist conformist tool. Don't believe everything you hear. Think for yourself. I know it's trendy to hate George Bush. But there really isn’t a good reason to. He did a great job keeping us safe post 9/ 11; which is his primary job. He has no control over the economy. That responsibility lies with your Democrat lead Congress. It’s very simple. The dot com bubble burst, all that money went into housing, and that bubble burst. It’s the economic cycle more than anything.

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Big_Pappa_D - 2 years ago

yo PhilBio .... SHUT THE F|_|CK UP

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JTtheLAR - 2 years ago

Despite all the politcal dribble that you retards are leaking all over the internet. It doesnt change the fact that this video isnt clever, witty or funny.

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AceOfSpades3K - 2 years ago

i want to kill philbio... one less pansy crying liberal to deal with...

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- NoBama - 2 years ago
  
  @AceOfSpades3K I second that motion.
  
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- Actingrude - 2 years ago
  
  @AceOfSpades3K I third, now it's a law...
  
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MILEHIGHCO27 - 2 years ago

You're a moron! No you're a moron! Bottom line, better pay off your interest and get a descent paying, secure job in a field of national necessity. You putzes living at your moms house working at foot locker or taco bell are screwed. If there is a recession your political views wont really matter if you are jobless with 100 bucks to your name. you will be beating the pavement with everyone else

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- philbio - 2 years ago
  
  @MILEHIGHCO27 Or robbing us. Don't forget all the robbing. Maybe we should get together and bludgeon some CEOs to death like they did in India (look it up). They don't fear regulation because there is none. They don't fear oversight because there is none. Maybe, just maybe they'll fear death...
  
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Silverdumper - 2 years ago

ok. When you say its bush's fault, think about the fact that the libs have control of the house and the senate. All you dipshits do is blame everything on bush.

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- CHEVSUCKS - 2 years ago
  
  @Silverdumper well if he wasn't such a fucked up moron we wouldnt blame him would we
  
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- Korstar - 2 years ago
  
  @Silverdumper Under Clinton, the entire federal government put massive pressure on banks to grant more mortgages to the poor and minorities. Clinton's secretary of Housing and Urban Development, Andrew Cuomo, investigated Fannie Mae for racial discrimination and proposed that 50 percent of Fannie Mae's and Freddie Mac's portfolio be made up of loans to low- to moderate-income borrowers by the year 2001. For those of you who failed highschool math, low and moderate income borrowers are high risk liabilities that shouldn
  
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- philbio - 2 years ago
  
  @Silverdumper Perhaps if you cornfed hillbilly morons worried less about putting boots up people's @sses and more about the fiscal stability of this country, then we wouldn't be in this mess. Rebublicans controlled the judicial, executive and legislative branches for 6 YEARS of Bush's presidency... and they spent OUR money like drunken sailors on pet projects and Medicare Part D. They aren't conservative except when it comes to stupid stuff like gay marriage and abortion.
  
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- Flankston - 2 years ago
  
  @Silverdumper Korstar all intelligent human beings realize for the exact reasons you state that the failed real estate and economic martkets are the fault of Clinton, degenerat Frank, and other liberals who demand that spi cs and ni9s get loans, even though they couldn't pay them.
  
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- Flankston - 2 years ago
  
  @Silverdumper He is just a hat er, just like his ugster wife, both hat ers, like most.
  
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Antiecm - 2 years ago

Just the thought that Obama could be elected has all but crashed wall street. What if he makes it. Wall street will not fund the welfare projects he will give to his black and muslim people.

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- Dflem - 2 years ago
  
  @Antiecm wow, a hint of racism...clearly a mccain supporter...oh and by the way...obama isn't muslim idiot
  
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- DanTehMan - 2 years ago
  
  @Antiecm omfg u racist d1ckhead... why dont people get there facts straight his biological father was kenyan (africa) his biological mother was american his step father (which his mother married after they divorced) is indonesian HE was born in hawaii and is now living in america now where the F@CK are people getting muslim from? his middle name? honeslty u guys are a bunch of ignorant fools who dont want to actually learn anything about your own future president... oh well it doesnt surprise me anyway about the
  
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- philbio - 2 years ago
  
  @Antiecm HOHOHOHO!!! "Welfare"?!?! How about the corporate WELFARE we are doling out to failed banks/investment firms? Rebublican welfare costs us TRILLIONS. In comparison, helping out a family in Appalachia (white, by the way) costs nothing. Like I've said... all rebublicans should be tried for treason and executed.
  
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- NoBama - 2 years ago
  
  @Antiecm It is all based on the fact that Obama was enrolled in a private muslim school until he was about 8 or 9 years old. Also, his middle name is Hussein....currently, he is of radical Christian-white hating-America hating-faith.
  
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hawndawg - 2 years ago

A guinea pig will eat itself until it explodes or dies first if food it put in front of it and has a steady supply. It just does not know how to stop. The United States and its greed for the almighty dollar has been fattening them up for decades and sooner or later.......BOOM!!!!!!!!

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- philbio - 2 years ago
  
  @hawndawg Yeah! If BreatheOfLife can still have hope while making $7.25 an hour and living in his mother's basement, then so can YOU!
  
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hawndawg - 2 years ago

A guinea pig will eat itself until it explodes or dies first if food it put in front of it and has a steady supply. It just does not know how to stop. The United States and its greed for the almighty dollar has been fattening them up for decades and sooner or later.......BOOM!!!!!!!!

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baz877 - 2 years ago

Freddie Mac and Fannie Mae donated more poltical contribution money to Obama over the past 3 years than any other member of congress in the past 30 years (120 grand). Democrats have only made 2 mistakes in US history: foreign and domestic policy.

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- philbio - 2 years ago
  
  @baz877 More rebublican lies. What other Limbaugh-lies can you parrot, fag? How much did McCain's campaign manager make providing "access" to John "Keating 5" McCain over the last 5 years. Get your facts straight, moron.
  
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- NoBama - 2 years ago
  
  @baz877 It's a known fact...Sen. Dodd and Obama were the top 2 recipients of Fannie and Freddie contributions. Get your facts straight. I hope you do your research on your worthless empty suit canidate Barak Hussein Obama...you'll get change alright!
  
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- philbio - 2 years ago
  
  @baz877 Keep on lying, fag. Get your mouth off of Limbaugh's needle dikk for two seconds and do a little research yourself. How much was Rick Davis paid per month by Fannie Mae? And what was he paid to do? You live in a fantasy world. Fukking racist.
  
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- NoBama - 2 years ago
  
  @baz877 Fag? Just shows your Liberal respect. People are entitled to their opinions...don't like it? Vote for a Liberal, they will change the Constitution for you. Racist? Do you listen to Obama's speaches!? The guy is insane, his friends are insane, his policies are insane! Ok...to put this is terms you can understand. Iran will have nuclear weapons within the next 6 months and begin producing plutonium, North Korea is re-assembling its nuclear plant, Russia has just sent warships with 100 nuclear warheads to Lati
  
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- Turden_Dyler - 2 years ago
  
  @baz877 Lol at Nobama spouting the usual GOP PR scare tactic lines. Keep 'em scared, take their rights.
  
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- philbio - 2 years ago
  
  @baz877 Wow!!! Iran may get a nuke?!?! OH NOOOOOOO!!! We'll all die just like when Pakistan, India, Israel, etc. got nukes. WE'RE ALL GOING TO DIE!!! Not. God, guns, and gays... it's all the rebublicans care about.
  
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- philbio - 2 years ago
  
  @baz877 Speaking of "changing the constitution"... how's the Bush Administration doing with that one. Seems the thing they hate the most IS the Constitution. Fukking fag...
  
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- NoBama - 2 years ago
  
  @baz877 Scare tactics?? Its a fact...First off, after the collapse of the Soviet Union relations between the United States and India, especially under the current Bush Administration see India as a strategic partner in the world's largest functioning democracy. As for Isreal, you obviously have no idea who's side Isreal is on, do you? What's going on in Pakistan from our military's aspect is pretty obvious as well if you follow foreign news...if they keep shooting at our birds in Afghanistan's air space there's the
  
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- Flankston - 2 years ago
  
  @baz877 Liberals claim to be so open minded...as long as you agree with all the stupidity they regurgitate from the drive by media. As soon as you express another opinion they become a rabid scared animal resorting to what they know best..nothing.
  
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Mr_X_ - 2 years ago

I still think our elections would be more interesting with more than 2 serious parties, yes theres the independent, the green party, whatever, Id like more than democrat or republican for a change, rep. an dem. is like voting do you want your nuts stomped on or kicked , either way... this election is goin to hurt us

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philbio - 2 years ago

By the way, how do you think Wall Street crooks made so much money the past few years (pre-crisis), even though the DJIA has only gone up 300 points TOTAL in 8 YEARS?!? Two words: "churning" and "fraud." Conservatives (who run the markets, the WSJ, etc.) are crooks and non-patriots. Each one should be tried for treason and hung.

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- NoBama - 2 years ago
  
  @philbio Then what about Freddie & Fannie...cooking their books, lying about their net worth and assets? Hope you know Obama's enconomic advisor was the CEO and raking in 10's of millions of dollars a year. What about Obama and Dodd's contributions? Good thing the FBI launched a probe into this...it will all pan out soon. Don't worry.
  
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philbio - 2 years ago

Rebublicans are morons. During Reagan/Bush I, we saw budget deficits balloon, and a banking scandal (S & L crisis). During Clinton? Budget surpluses, and a DJIA that went from about 3,200 to 10,500. Now that we have another "Fantastic" rebublican president? The DJIA has gone from 10,500 to 10,800 (an increase of .3% per year), and we have yet another banking scandal. Somehow, rebublican apologists still can't accept that their party's policies are failures. Wonderful...

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- M__Bitsko - 2 years ago
  
  @philbio You are one stupid SOB. CONGRESS controls spending, and the Dems were in charge of Congress during the Reagan administration. Wake up. The GOP was in charge of Congress after the first 2 years of Clinton, and their budget-cutting led to the surplus. (The fake Dot Com bubble helped.)
  
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- philbio - 2 years ago
  
  @philbio Keep drinking that rebublican Kool-Aid. You both should be executed. Not just for treason, but also for stupidity. What say you about the 6 years that the Bushie GOP controlled the Judicial, Executive and Legislative branches? Nothing? Then shut the fukk up.
  
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- NoBama - 2 years ago
  
  @philbio I hope you know this whole situation we are in right now is becuase of Clinton and Carter!! It all started under the Carter administration, and was amplified under Clinton. Those two are the ones that wanted to give risky home loans to people who COULD NOT afford them! "We need to make housing more affordable for minoroties" - Bill Clinton. Well, here we are 8 years later, and the economy is taking the biggest hit through...you guessed it... the housing market! Also, 9/11 happened AFTER Clinton left office.
  
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- NoBama - 2 years ago
  
  @philbio Let's not forget now that the Democratic Congress in the past 2 YEARS has had the LOWEST approval rating in history! The only reason Bush went down is becuase the public is uninformed and the Liberal biased media. Also, don't forget your hero Bill Clinton is the reason all the jobs went outsourced and overseas!
  
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- philbio - 2 years ago
  
  @philbio You live in a dream world. Somehow, the party that isn't in power is the source of all the problems?!?! You ignorant hillbillies are fukking frustrating. At least I can understand why blacks, latinos, and rich white people vote the way they do. It makes sense. Yet you pauper hillbillies praise a political party that has done nothing but make you poorer and dumber. Keep voting rebublican, ya moron.
  
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welsh21 - 2 years ago

ammerican government; scabbing off every one. I mean a 'national debt' how the hell does one get so frigin huge!!

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Nethaniel - 2 years ago

I'm glad he said 'priced less' really slowly or I would not have realised it was a pun. Subtle, clever wit like that goes straight over my head.

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alex365 - 2 years ago

does anyone know the name of the song that was playing??

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- NoyZ - 2 years ago
  
  @alex365 The Who - Teenage Wasteland
  
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- DrWankel - 2 years ago
  
  @alex365 Teenage Wasteland by "The Who"
  
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- philbio - 2 years ago
  
  @alex365 It is the Who, but the song is actually called "Baba O'Riley" you fukking tards
  
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Gumby69 - 2 years ago

That's right you greedy chumps. Bow down to your corporate masters. We stole that money fair and square.

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Turden_Dyler - 2 years ago

WASHINGTON (CNN) -- President Clinton announced Wednesday that the federal budget surplus for fiscal year 2000 amounted to at least $230 billion, making it the largest in U.S. history and topping last year's record surplus of $122.7 billion. Comments anyone?

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- Turden_Dyler - 2 years ago
  
  @Turden_Dyler Wow Turden, but remember national debt went from 5 trillion to just over 6 trillion under Clinton. Oh. 8 years later our national debt is nearly 10 TRILLION dollars?? $9,879,020,449,710.58? WTF? That is $32,117.79 each for every US citizen. Dang this is some scary sh1t.
  
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- kgbkgbkgbkgb - 2 years ago
  
  @Turden_Dyler Is Turden_Dyler an idiot. There was a surplus when Bill Clinton left office. He inherited a huge debt from all the previous republic presidents. F-ing loser
  
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- SquallyZ06 - 2 years ago
  
  @Turden_Dyler It's a long history of the government intervening like it is today. It will only hurt us more in the long run. Businesses need to fail, people need to go under because of their bad spending habits.
  
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- Flankston - 2 years ago
  
  @Turden_Dyler One word genius; Inherited
  
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- M__Bitsko - 2 years ago
  
  @Turden_Dyler Yes: We need Newt Gingrich in charge of Congress again.
  
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christocc - 2 years ago

2 questions: 1) what is the music in the background? 2) Who does the US owe money to then (US National debt)? Cheers

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- Turden_Dyler - 2 years ago
  
  @christocc 1) No idea, 2) Banks.
  
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- Turden_Dyler - 2 years ago
  
  @christocc Most of the debt is owned by the government in the form of intragovernmental debt. That is to say that all the money in all the trust funds, Social Security, Highway and any other governmental "piggy" bank has been borrowed from the trust funds to pay for government and in return the government has stuffed those trust funds with IOU's.
  
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- Valerian82 - 2 years ago
  
  @christocc that is The Who "Teenage Wasteland"
  
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chrisr069 - 2 years ago

break paid someone for that piece of shit video? WTF?

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MILEHIGHCO27 - 2 years ago

Hey, I want to be as cool as the canadiatrash and eurotards too!!! Down with America! Down with America! Because I am so Naive, arrogant, and such the economic specialist as to think that IF American markets fall, absolutely nothing will happen to my own countries market. Deeeeerrrrrrrr!

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- Thomasinnorway - 2 years ago
  
  @MILEHIGHCO27 Euro tards? Seeing that our economy is not poor, our children can read when leaving school, our sick get free medical, and our pension plans are solid...what the retarded part again? Oh yah, I forget...US knows it all.
  
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PapaSmurf11 - 2 years ago

You know, if master card came out with this commercial, i would get one, just for their honesty. I mean really, if you have to get a credit card, wouldn't you want one from a company who tells you the truth? I would. I'm John McCain and I approve this message.

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- Fastpain - 2 years ago
  
  @PapaSmurf11 do not... i repeat.. DO NOT reproduce...
  
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Davidb12 - 2 years ago

Great commercial, I wish you could air it.

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