Does Barack Obama have the secret to bail America out of this terrible financial crisis that we are in? No. But, I do believe that he has the right idea as to what we should be focused on. Even though it is a typical speech that a Senator who is running for President would give, he has the right idea, which is to focus on how to get out of this crisis, not on how we got here. Honestly it is a woulda-coulda-shoulda situation. The fact of the matter is that we are in a major crisis in America, and what we need is more people working together on how to get out, not more people arguing about how we got there in the first place. I found a great compacted clip of Obama talking about this exact issue... http://www.youtube.com/watch?v=MXYi2u2D24w . I liked this video due to the simple fact that he makes it simple. He does in a sense point fingers, he uses the terms "speculators" and "Washington" in doing so he saves himself some criticism from the American public and the mainstream media. He points out that there has been severe mismanagement over the years. He says the reason we are in this financial crisis is a "consequence of speculator greed and Washington falling asleep..." Which I completely agree with. He then goes on to say, "we can't worry about how we got here, now we've got to take some serious steps." It seems very simple, but he is completely accurate in his analysis.
There are many people out there posting blog posts, videos, and vlogs trying to explain what has happened to our economy. How would they know, honeslty the people making those videos are without a doubt partially responsible for the situation America is in right now. Everyone is. Since the economy has taken a dive, and many people have lost tremendous amounts of money, it has been nothing but a neverending cycle of trash-talking and finger pointing. Some of them are actually pretty informative, whether or not they are entirely accurate is a question of looking up and researching the facts. I found a video on youtube, which is completely biased against Republicans, but I liked the simplistic nature of it...http://www.youtube.com/watch?v=6rpoYvsc3ho . Even though it was written by a completely biased author, it still has some useful information in it. Mainly the fact that banks were selling their shaky mortgages to other banks, to where a profit would be made. So, this does, in a way tie in with what Obama said in regards to speculator greed. Greed is, whichever way you look at it, partly responsible for the financial crisis that America is in. There are some good, albeit, bias videos on the web and then there are horrible ones that make the person who made them look ridiculous. Check out this guy, way too much time on his hands...http://www.youtube.com/watch?v=IT2Wg7lVYAs . It's actually pretty weird, but the guy has an extremely simplified version as to what has happened in America.
All together there are thousands of videos and blog posts in regards to the financial crisis and the bailout plan. But, the fact of the matter is that people need to do whatever it takes to help out our economy. Stop pushing us back over and over againg by telling us things the media has told us months ago. My best advice to give on my blog is simple, keep up on the news and do yor homework, there are going to be some huge changes in the next few years, and we as Americans need to stay on our toes and be ready for whatever this economy is going to throw at us.
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