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ABOUT THIS VIDEO:
President Obama's stimulus package is intended not only to shore up the economy, but the U.S. psyche. The American Dream itself. But what if we euthanize the American Dream?
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Dennis Trainor, Jr is a regular video contributor to TheUptake.org. He was a writer & media consultant for Dennis Kucinich's 2008 presidential campaign & a 2007 "Best of YouTube" nominee for his work as writer/ performer on "The Hermit with Davis Fleetwood." He is currently at work on two books: "My Progressive Dilemma" (chronicling President Obama's 1st year in office) and a novel adapted from his play, "I Coulda Been a Kennedy."

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minstral2 Comment by minstral2 on March 26, 2009 at 8:38pm
Well said, well meant, well intended, and, well maybe next year. :o0

The Math to 6 regions might work out something like this,

1 Trillion = 40 billion in interest...15 Trillion = 600 Billion in annual interest...no going back on this first 15 Trillion.

The annual output of the USA was 65 Trillion in 2008 and falling (-6% last Q of 08) The total debt is 66 Trillion and growing. At some point the World will stop buying the US debt...I think that has already happened. Why would the Fed start buying treasury debt to the sum of 1.2 Trillion? Add the upcoming G20 meeting in April 2009, and I believe the creation of the IMF currency will begin its assent and backing of the European Central Banks. The IMF will unveil the new currency by the end of the 3rd quarter 2009, with a counter by the Federal Reserve to begin the Amero. (All tied to the IMF)

Of coarse, now there is little to no interest for US FIAT dollars from the Fed so money is free...free falling towards a basket case of currencies and thus to a buck thats outa gas, completely tanked out by the end of the year. Issic Asimov's book "Foundation" comes to mind...sort of.

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