Showing posts with label Financial Crisis. Show all posts
Showing posts with label Financial Crisis. Show all posts

Sunday, December 07, 2008

The Subprime Crisis for Dummies



I've gone into the movie business. Well, sort of....this is what I have posted on Youtube about the causes of the subprime crisis. The reason for the current financial crunch. It it is based on a powerpoint presentation from the States.

This is what happens when regulators, governments and owners fail to do their jobs properly. It's also of course about individual and corporate thievery and fraud on a grand scale.

Language is a little too fruity for some. Headphone or speakers on.

UPDATE: apologies - this hasn't worked out very well. There is a problem with timing and making out the words on the cartoons. I'll try and think of another way.

Speilberg is safe - I'll better stick to my day job.

UPDATE 2: hopefully sorted problems, See what people think. No sound for now.

UPDATE 3: Nope this didn't work - will try Youtube again rather than blogger.

UPDATE 4: Youtube - not perfect but I think you can read and timing is better. No music.

Thursday, September 25, 2008

They Broke it, We Buy It?

Interesting to see what our cousins in trade Unions on the other side of the pond make of the current financial crisis.

The controversial Andy Stern, head of the 2 million strong SEIU, seems far more bolshie than heads of Brit unions. But looking at their demands it seems that having no real equivalent of the NHS, they have much, much more to complain about in the first place.

This may be a little unfair, but checking out their sites and blog, SEIU seem to be more anti-McCain than pro Barack Obama?

Shame about the split with AFL-CIO. Hopefully they will sort that out in the near future.

Good luck anyway with both fights!

Hat-tip to Col. Roi.