Füge eine Handlung in deiner Sprache hinzuAn examination of the causes of the global economic crisis which began in 2008, studying how decades of social changes have influenced financial systems and practices.An examination of the causes of the global economic crisis which began in 2008, studying how decades of social changes have influenced financial systems and practices.An examination of the causes of the global economic crisis which began in 2008, studying how decades of social changes have influenced financial systems and practices.
Fotos
Arthur C. Brooks
- Self
- (as Arthur Brooks)
Empfohlene Bewertungen
I usually enjoy documentaries. I want to know what caused the financial crisis of 2008. Books like "When Genius Failed," "The Big Short," and "Liar's Poker," really shed light on Wall St's ugly side and the tricks they used to engineer the collapse of 2008. Unfortunately this garbage of a documentary largely fails at explaining anything but instead injects completely biased opinions ranging from Godlessness, to Saul Alinsky as reasons for our economic despair. REALLY?!! This film covers the usual right wing Kool Aid topics like, Hippies, Godlessness, 50's mothers (women), Community Reinvestment Act, ACORN, too much regulation, you've heard all this garbage before on Youtube commentaries but this movie lumps it them in one long propaganda film. The non stop music starts to grate on your nerves and is a shameless attempt to manipulate your emotions. Unfortunately morons will use this film as an echo chamber to their already warped sense of what is happening in this world.
Disclaimer: I'm a former hedge fund guy.
Did I see the crash coming? Yes, but barely.
My fund, and a fund I represented, had mucho skin in game tied to domestic interest rates and LIBOR. So, I wanted...willed...all to be fine.
Didn't work.
1/6 of all hedge funds crashed, and didn't cost the tax payers a penny. Like a noncompetitive mom&pop restaurant, they were correctly left to fail.
Core of crash was three-pronged:
1: Federal Reserve: They've created boom/busts for 100 years. How? Just as Soviets couldn't centrally plan the price of a pencil, wheat, or gold, no one on earth can correctly centrally plan the price of money.
2: Federal Government: Goes back to the Community Reinvestment Act, forcing banks to lend to people, regardless of credit rating. Hey, I want ALL people to be rich. But, selectively punishing banks for not lending "enough" to certain racial groups is evil, anti-market, and proved to be, destructive. Banks love to lend...love it, and care not of one's race, gender, or sexual orientation. They absolutely do care if one can pay back a loan.
Think I cared the race of my clients investing $5 million, $1 million, or even in my entry level fund, $250K?
3: Wall Street(creation of CDOs etc), rating agencies (rated garbage as "A"), and Fannie and Freddie (bought garbage mortgages,and therefore, encouraged them) played huge role in this mess too. But, without items 1 and 2, 3 would have been impossible.
Did I see the crash coming? Yes, but barely.
My fund, and a fund I represented, had mucho skin in game tied to domestic interest rates and LIBOR. So, I wanted...willed...all to be fine.
Didn't work.
1/6 of all hedge funds crashed, and didn't cost the tax payers a penny. Like a noncompetitive mom&pop restaurant, they were correctly left to fail.
Core of crash was three-pronged:
1: Federal Reserve: They've created boom/busts for 100 years. How? Just as Soviets couldn't centrally plan the price of a pencil, wheat, or gold, no one on earth can correctly centrally plan the price of money.
2: Federal Government: Goes back to the Community Reinvestment Act, forcing banks to lend to people, regardless of credit rating. Hey, I want ALL people to be rich. But, selectively punishing banks for not lending "enough" to certain racial groups is evil, anti-market, and proved to be, destructive. Banks love to lend...love it, and care not of one's race, gender, or sexual orientation. They absolutely do care if one can pay back a loan.
Think I cared the race of my clients investing $5 million, $1 million, or even in my entry level fund, $250K?
3: Wall Street(creation of CDOs etc), rating agencies (rated garbage as "A"), and Fannie and Freddie (bought garbage mortgages,and therefore, encouraged them) played huge role in this mess too. But, without items 1 and 2, 3 would have been impossible.
I give this film three stars because that's about how many true statements it contains. But firstly, this director uses the same psychological machinations that the latest president's political consultants used to get him elected - cognitive dissonance (tension which comes from holding two conflicting or unconnected thoughts in the mind at the same time). The images on the screen hold very little or no reinforcement of what the narrator is saying, and usually distracts from the point. They do, however, reinforce multitudinous snide innuendos.
I could only absorb what was said by not watching the screen, but only listening. Listening was made difficult because the music (also distracting and irrelevant) was way too loud. In order to hear the narratives, you have to turn up the volume and put up with ear-splitting music apparently also designed to enhance the dissonance.
The "meat" of the film is that there are cycles in society which lead to war, peace, prosperity and change. Guess which one we're in. This doomsday presentation traces all the blame to a US generation that is easy to make fun of, with no tenable connection, for the debt and inflation explosion at the inevitable disaster. I've not read all the books by the scholars interviewed, but I'm familiar enough with the liberal organizations they associate themselves with. Economics is the result of more than just opinions, but productivity, creativity and policy. They correctly point out the flaws in the recent (post 2008) desperate machinations of the Fed and US Treasury, but offer no solutions, evasive actions we may take, or even useful warnings.
I found tongue-in-cheek humor in the images that flash continuously past the viewer. Some, like a flash of suckling piglets on a sow's abdomen or the many scenes of exploding buildings, appear so ridiculous in view of the narration that if you turned off the sound, this could be an entertaining film.
Expect to be alarmed, depressed and confused by this film, not enlightened or edified.
I could only absorb what was said by not watching the screen, but only listening. Listening was made difficult because the music (also distracting and irrelevant) was way too loud. In order to hear the narratives, you have to turn up the volume and put up with ear-splitting music apparently also designed to enhance the dissonance.
The "meat" of the film is that there are cycles in society which lead to war, peace, prosperity and change. Guess which one we're in. This doomsday presentation traces all the blame to a US generation that is easy to make fun of, with no tenable connection, for the debt and inflation explosion at the inevitable disaster. I've not read all the books by the scholars interviewed, but I'm familiar enough with the liberal organizations they associate themselves with. Economics is the result of more than just opinions, but productivity, creativity and policy. They correctly point out the flaws in the recent (post 2008) desperate machinations of the Fed and US Treasury, but offer no solutions, evasive actions we may take, or even useful warnings.
I found tongue-in-cheek humor in the images that flash continuously past the viewer. Some, like a flash of suckling piglets on a sow's abdomen or the many scenes of exploding buildings, appear so ridiculous in view of the narration that if you turned off the sound, this could be an entertaining film.
Expect to be alarmed, depressed and confused by this film, not enlightened or edified.
Wow, i've never seen such a ridiculous piece of right-wing propaganda in my life. With a straight face, they actually try to make the case that the 2008 financial crash was the fault of...get this... 1960s hippies. Yes, you heard me correctly, it was The LIBRULS!!11!!!!!1 The crash didn't happen because of deregulation, corruption and financial deepening - no, it was because Americans lost their 'morals' and began consuming conspicuously. that's right. the consumer's fault. we did this. oh, and the democrats, of course.....and the Chinese for some reason.
This is a sad attempt to say that this wasn't capitalism's fault - that it was a perversion of capitalism with too much government intervention.
This is a sad attempt to say that this wasn't capitalism's fault - that it was a perversion of capitalism with too much government intervention.
This movie has politicians in it. Need I say more. Now you can do the critical thinking or you can give them credit and think they are the good guys. But they are now trying to gain your trust and get your votes by claiming to be for the people. They are set up under lies such as "Citizens United" where David Bossie openly admits that a great way to persuade is through movies. He is behind other movies such as Occupy Unmasked where the occupy protesters are claimed to use violence and intimidation. This movie is another "tactic" to gain trust when in reality people knew about the financial crisis in 2008 and who is behind it. Watch David Bossie's productions with cautious reserve. They like to tell some truth mixed with lies and an agenda that will keep lining their pockets and those they serve.
Wusstest du schon
- VerbindungenFeatured in Hannity: Folge vom 23. Februar 2010 (2010)
Top-Auswahl
Melde dich zum Bewerten an und greife auf die Watchlist für personalisierte Empfehlungen zu.
Details
- Erscheinungsdatum
- Herkunftsland
- Offizieller Standort
- Sprache
- Produktionsfirma
- Weitere beteiligte Unternehmen bei IMDbPro anzeigen
- Laufzeit1 Stunde 30 Minuten
- Farbe
Zu dieser Seite beitragen
Bearbeitung vorschlagen oder fehlenden Inhalt hinzufügen