Great video. Fun, but really touches on important issues that matter to us. Today, on Sep 7, 2008, US Government decided to step in to rescue the troubled mortgage giants Fannie Mae and Freddie Mac. Together, the two companies own or guarantee more than $5 trillion in
mortgages.This could ultimately cost taxpayers $20-100 billion, increasing an already bloated federal deficit. Their loose lending standards led to the credit crisis has caused the financial industry to write down the value of its assets by more than $300 billion.We may have a stock market rally for a short time, but the economy has been losing jobs for more than 6 months. The long term impact will likely come at the cost of devaluation of the US dollar.

goddamn – 20% of the US govt. budget is spent on health (for… not much), vs. only 3.6% on education?  Can that be right??  

the number for defense spending are much higher 4 years later in the wars in the middle east.  if you include what we will pay in the future for vets benefits and other consequences of the conflict, military spending is nearly 60% of our current budget.  it has been described as the pentagon having a strangle hold on the economy.