Thursday, 23 July 2009

Videos on the Stimulus

(Hat tip Not PC and Shane Pleasance for links)

Now that the TARP (Toxic Assets Relief Programme) in the US has cost over $27 trillion (according to the inspector-general for the programme), now seems a good time to post some videos on the subject -they often explain more than many essays.

Here's what 1 trillion (let alone 27 trillion) can buy (sorry for the size):



Here's how the thing started in the first place (although it probably doesn't stress the governmental role as much as it should:

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.



Ben Bernanke's superb foresight:



And last but not least, Ron Paul in the US Senate, who's currently trying to pass a bill to audit the Federal Reserve.

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