National Debt Contest Winner - The Spending Is Nuts

This is the winner of a recent National Debt Video Contest.  Though slick and well produced, the creator fails to mention how the freedom-loving squirrells chose to fight 2 decade-long wars on two different continents that were never paid for, and the total cost of those wars exceeded 4 trillion nuts.  Meanwhile nuts set aside for Social Security were stolen annually by corrupt squirrells in Congress to pay for general spending and make deficits appear smaller.  Our Verdict - MASIVE FAIL.

Comments

[LiberatedCitizen]

How about this debt? We are still bailing out the banks via fannie/freddie the mess the democrats created and wall street's honey obama left off the budget.

Fannie Mae Asks Taxpayers for $2.8 Billion as Loss Widens

Read more:

http://www.moneynews.com/StreetTalk/Earns-FannieMae/2011/08/05/id/406230

Is Fannie bailing out the banks?

http://finance.fortune.cnn.com/2011/01/03/is-fannie-bailing-out-the-banks/

Unlimited credit for GSEs seen as backdoor bailout

http://www.reuters.com/article/2010/01/05/us-usa-housing-bailout-idUSTRE6044YU20100105

Obama's Budget Has One Small, Missing Piece.... For $6.3 Trillion Dollars

http://www.zerohedge.com/article/obamas-budget-has-one-small-missing-piece-63-trillion-dollars

Corporate Crime, Russia, Peter Orszag and Getting Away with Murder
“Peter Orszag was co-author of a study paid for by Fannie Mae back in 2000 or 2001,” Rosner said. “It argued that Fannie and Freddie are incredibly safe and sound, that the stress test that was going to be employed by the regulator insured their safety and soundness. And that there was something like a one in 500,000 chance that they would end up imperiled. And even if that happened, the cost to the taxpayers would be a few million dollars. That’s pretty much what the paper said.”

“Orszag ends up as the head of OMB. And when the government takes Fannie and Freddie into conservatorship, he says – there is about a five percent chance that the government could be on the hook for more than $100 billion. Wrong again. No one calls him out.”

“Orszag is now the vice chairman at Citibank.

http://www.corporatecrimereporter.com/morgenson07282011.htm

[t quigly]

Massive FAIL is right!!! Who made this? The banksters? The goobermint?
The video doesn't mention the trillions wasted on illegal invasions and occupations. It doesn't mention that millionaire congresscritter salaries and perks are sucking Americans dry - and that they do NOT impose their 'austerity' on themselves; that they will NOT sacrifice Anything personally or professionally.
This is a propaganda piece to support congresscritter lie that American citizens who have paid into Social Security for decades and who want to collect what they have been promised and are owed, are just suckers at the 'nanny state' tit. Lie! And the propaganda is embedded in cutsey squirrel language so it can indoctrinate children and adults alike.
This is Disgusting !!

[Jim Gee]

You forgot the part about the rich squirrels and corporations that did not pay any taxes. If all else fails, the Koch brothers can produce videos.......

[ain't bullshitt'n]

We lost Seal Team 6 Today-God Bless You and Your Families.....Gone but Not Forgotten...AB