In which John discusses the financial crisis, recessions, and the fiscal stimulus bill just passed by the US Congress and expected to be signed by President Obama. And John Maynard Keynes. Oh, and he brags about his Academic Decathalon bronze medal. Oh and if you're wondering why I'm not talking about CEO compensation and corporate jets, it's because they aren't EVEN SLIGHTLY relevant to the health of the American economy. For further reading: Mark Zandi (former McCain economics adviser): http://www.philly.com/inquirer/opinion/20090215_Imperfect_stimulus_plan_is_still_the_best_answer.html Philosophical overview from the LA Times: http://opinion.latimes.com/opinionla/2009/02/pelosi-reid-sti.html p.s. Keynes's last words: "I wish I'd drunk more champagne." HERE ARE A LOT OF LINKS TO NERDFIGHTASTIC THINGS: Shirts and Stuff: http://dftba.com/artist/30/Vlogbrothers Hank's Music: http://dftba.com/artist/15/Hank-Green John's Books: http://amzn.to/j3LYqo ====================== Hank's Twitter: http://www.twitter.com/hankgreen Hank's Facebook: http://www.facebook.com/hankimon Hank's tumblr: http://edwardspoonhands.tumblr.com John's Twitter: http://www.twitter.com/realjohngreen John's Facebook: http://www.facebook.com/johngreenfans John's tumblr: http://fishingboatproceeds.tumblr.com ====================== Other Channels Crash Course: http://www.youtube.com/crashcourse SciShow: http://www.youtube.com/scishow Gaming: http://www.youtube.com/hankgames VidCon: http://www.youtube.com/vidcon Hank's Channel: http://www.youtube.com/hankschannel Truth or Fail: http://www.youtube.com/truthorfail ====================== Nerdfighteria http://effyeahnerdfighters.com/ http://effyeahnerdfighters.com/nftumblrs http://reddit.com/r/nerdfighters http://nerdfighteria.info/ A Bunny (\(\ ( - -) ((') (')
Views: 308799 vlogbrothers
OBAMA HOME MORTGAGE STIMULUS PLAN 1 IN ARIZONA FEBRUARY 18 2009 CONCISE HIS EXPLANATION AND THE PLAN-THAT'S IT I REMOVED INTROS GREETINGS ETC.
Views: 5539 ZZZZZZZZZZZZAMBONI
BARACK OBAMA HOME MORTGAGE STIMULUS PLAN 2 IN ARIZONA FEBRUARY 18 2009 CONCISE HIS EXPLANATION AND THE PLAN-THAT'S IT I REMOVED INTROS GREETINGS ETC.
Views: 1087 ZZZZZZZZZZZZAMBONI
President Ramaphosa announced a stimulus plan. Our reporter Arabile Gumede spoke to Finance Minister Nhlanhla Nene about implementing the stimulus package. For more news, visit: sabcnews.com
Views: 227 SABC Digital News
You won't believe what these two guys are going to buy with their Stimulus Package. MORE BARELY: Click here to subscribe! http://www.youtube.com/subscription_center?add_user=barelypolitical Follow us on Twitter http://www.twitter.com/barelypolitical http://www.twitter.com/barelydigital Check out our websites http://www.barelypolitical.com http://www.barelydigital.com Friend us on Facebook & Myspace http://www.facebook.com/barelypolitical http://www.myspace.com/obamagirl Leave us a voicemail 1-(646)-827-2202 Write us a letter! P.O. Box 30921 New York, NY 10011 Watch Amber's channel http://www.youtube.com/2girls2minutes --
Views: 6207300 The Key of Awesome
Economists say reprioritising spending will help government to stabilise public finances and prevent further ratings downgrades. President Cyril Ramaphosa unveiled an economic recovery plan yesterday. He fell short of announcing a stimulus package, saying there was no room for increased spending or borrowing. One of the plan's main features is a more than 400-billion-rand for infrastructure development to be financed by a private-public partnership. Bongani Bingwa spoke to the president on the stimulus package plan. For more news, visit: sabcnews.com
Views: 882 SABC Digital News
President Cyril Ramaphosa has announced an economic stimulus plan to pull the country out of recession and create jobs. It centres on moving R50 billion already in the budget to new areas where the money can boost the economy. A noteworthy component is an infrastructure fund to boost labour intensive investment. Funds will also be directed to agriculture, townships and rural economies. To discuss we're joined by Owen Nkomo from Inkunzi Wealth Group. . For more news, visit: sabcnews.com
Views: 591 SABC Digital News
http://www.davidamoya.com At 9am at night, I got home from the gym with a strong calling to "act now." So, that's exactly what I did. I pulled out my camera and requested that all of us act where ever we can. There's no better time to act than now. Are we going into another recession? Are we going for round two of recession? Whether we are or aren't make no difference to a lot of us because we sometimes feel helpless. However, if we are citizens of this great country and citizens of the world really, we have to act where ever we can. What has been better and even great during our country's economic struggle? Mortgage RATES! Knowing that you already know this, I want to collaborate with you in contributing to your community of choice. If you, a friend or family member refinance (or purchases) with me, I will donate $200 to the charity, non-profit, struggling business of your choice. As a Certified Mortgage Coach, I make a living helping people refinance and purchase their home. That being said, there is a... Great Window of Opportunity You may have heard that home loan rates have improved and are back down to near historic levels. In fact, I've been slammed with emails and phone calls from people just like you who wanted to take advantage of this wonderful situation. But you need to keep the following in mind... While some people say good things come to those who wait, others say to strike while the iron is hot. In this case, the "iron is hot" with rates at exceptionally low levels. And while weak economic reports here in the U.S. and the economic crisis in Europe are two of the main reasons rates have improved recently, signs of inflation are beginning to creep into our economy--and that never bodes well for home loan rates. That's why it's more important than ever to act now. It will only take a minute--give me a quick call so we can look at your situation. It doesn't cost anything to check it out, and the choice of moving forward will be up to you. Don't miss this window of opportunity to save significantly on your monthly budget. I look forward to hearing from you!
Views: 36 David A. Moya
Is the stimulus large enough to offset the demand shock caused by the contraction in credit? Will it lead to inflation? Created by Sal Khan. Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/core-finance/inflation-tutorial/deflation-tutorial/v/deflation?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/inflation-tutorial/cap-util-inflation/v/inflation-deflation-capacity-utilization-2?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Finance and capital markets on Khan Academy: This tutorial starts with a very "micro" view of when firms decide to raise (or lower prices). It then jumps back to the macro view to discuss how capacity utilization can impact prices. About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy’s Finance and Capital Markets channel: https://www.youtube.com/channel/UCQ1Rt02HirUvBK2D2-ZO_2g?sub_confirmation=1 Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 80049 Khan Academy
New track from the new Dead Prez's mixtape "Pulse of the People: Turn off the radio vol. 3", producted by Dj Green Lantern Get FREE or die tryin
Views: 12234 MakkoRajo89
President Cyril Ramaphosa has announced a plan to revitalise the economy and put it on a firmer footing and address socio economic challenges. The president says given the contraction of the economy, it is evident that the country's challenges are huge. The stimulus package include financial and non-financial interventions aimed at boosting investor confidence, economic activity, job creation and addressing service delivery challenges. Business leadership South Africa has welcomed the stimulus package policy announced by President Cyril Ramaphosa aimed at reviving the economy. BLSA says this will help boost business confidence and inject the much needed funds into various sectors of the economy. Meanwhile Economists have given it a nod and a thumbs up saying re- prioritising 50 billion rand to boost economic growth and create jobs while remaining deficit neutral, thus saving the country money. For more news, visit: sabcnews.com
Views: 472 SABC Digital News
Shared for educational purposes under the Fair Use Doctrine
Views: 786504 Dr. Bill Smith
President Cyril Ramaphosa's announcement of a R50-billion rand infrastructure programme, aimed at stimulating economic growth and job creation, has been broadly welcomed. Here's what some political parties think of the plan. For more news, visit: sabcnews.com
Views: 1401 SABC Digital News
Watch more Politics 101 videos: http://www.howcast.com/videos/151881-How-To-Understand-the-Federal-Stimulus-Package Our economy's in the worst crisis since the Depression, and we need to turn things around. The government moved fast to pass the Economic Recovery and Reinvestment Plan – $787 billion of investment and tax cuts that will create 3.5 million jobs. Here are the plan's goals. Step 1: Understand the basics Break the cycle. Right now, consumers are worried about the economy. They aren’t spending, so businesses are struggling. When businesses struggle, people lose jobs. When people lose jobs, they cut their spending. It’s a vicious cycle, one that the recovery package aims to break. Step 2: Job creation Create jobs. The most important part of the package is job creation. The plan includes $150 billion to fund clean energy, technology, and infrastructure projects, which will employ millions of Americans looking for work. Step 3: Move toward a green economy Create green jobs, which put people back to work today, and make us more energy independent in the future. The projects in the package include: Modernizing the country’s electrical grid Developing wind turbines, solar panels, biofuels, and advanced vehicle battery systems Investing in clean water, flood control, and environmental restoration And increasing energy-efficiency in homes and offices. Step 4: Improve infrastructure To compete in a 21st-century economy, we also need to provide jobs that help construct a 21st-century infrastructure using 21st-century technology. The plan includes: Upgrading our crumbling roads and bridges Improving public transit and rail systems Modernizing the health-care system for long-term savings Funding biomedical, science, and engineering research And extending broadband services to underserved communities across the country. Step 5: Improve education Improve education to make America more competitive. To increase higher-education opportunities, college students will be eligible for a $2,500 tuition tax credit, $200 million will expand work-study programs, and the maximum Pell Grant – federal aid primarily for low-income students – will increase by $500. The package also provides more than $2 billion for early childhood development, and $13 billion in grants to ensure disadvantaged kids achieve high academic standards. Step 6: Unemployment benefits Help the unemployed, who are bearing the brunt of the economic crisis. Anyone who lost their job won’t have to pay income taxes on the first $2,400 of federal unemployment benefits, and government subsidies will make their health insurance more affordable. The package increases and extends unemployment benefits through 2009 and boosts food stamp benefits to offset rising food costs. Step 7: Tax relief Cut taxes and boost consumer confidence. The stimulus package includes $288 billion in tax cuts. In 2009 and 2010, President Obama’s signature 'Making Work Pay' tax cut will provide most individuals with $400 and most families with $800. Qualified retirees and disabled veterans will get a one-time $250 payment. These cuts ensure that working people pay less taxes, so they have more money to spend. Tip To help pump money into the economy over time, the 'Making Work Pay' tax credits won’t be distributed as a lump sum. Beginning in June, you’ll see an extra $13 in your weekly paycheck, and an extra $8 starting in January 2010. Step 8: Housing and auto credits Boost the housing and auto markets. To help buoy the housing market and stem foreclosures, the tax credit for first-time homebuyers will increase to $8,000. And if you purchase a new car, you can deduct the sales tax. These tax savings will translate into more people buying cars, which will help shore up the auto industry in addition to encouraging consumer spending. Step 9: Send money to states Help all 50 states. The economy can’t bounce back if states can’t balance their budgets, and if states suffer budget shortfalls, they can’t pay for essentials like public safety and other critical services, quality teachers, and school renovations. The package provides more than $50 billion for state services, plus an $87 billion increase in federal funding for Medicaid to states. Step 10: Work together Encourage optimism. We can’t expect the government to solve the financial crisis alone, or overnight. The private sector must contribute to job creation and economic growth. But the stimulus package is the first, critical step to getting our economy back on track. As President Obama said, 'We will turn this crisis into opportunity and emerge from our painful present into a brighter future.' Did You Know? You can find out more details of the stimulus plan, and even track how government money is being spent once the plan kicks
Views: 4627 Howcast
President Cyril Ramaphosa has unveiled a plan to stimulate the South African economy. This after first and second quarter GDP figures pointed to a recession following two consecutive contractions. Ramaphosa says the stimulus package will be implemented immediately to restore business confidence and prevent further job losses. . Lets discuss this the stimulus plan further now. We are joined in studio by Busisiwe Mavuso the COO of Business Leadership SA and Chairperson of DBSA. For more news, visit: sabcnews.com
Views: 706 SABC Digital News
Our economy is on the brink of a recession. President Ramaphosa hopes to stimulate the economy with a stimulus plan of about R43 billion which will come from existing budgetary resources and new investments. This plan is set to inform Finance Minister Nhlanhla Nene's mid-term budget policy statement in October. Dawie Roodt, Chief Economist at the Efficient Group joined us on the line with his perspective on the potential stimulus plan.x
Views: 188 Business Day TV
12-23-2009 - Jim Cramer and Pete Morici explain why the stimulus plan wont create many jobs and why Obama's Mortgage Plan takes the wrong apporach and wont help the housing market. Essentially Rick Santelli is right that the plan needs to help all Americans not just constituent groups who got subprimes or borrowers who got caught while trying to "flip" houses. Jim Cramer is one of the people who was talking about this crisis pretty far in advance.
Views: 2883 TalkerOne
http://autorefinanceloanrate.org/ 2-3% refinance loan rate
Views: 17 BrownWilliam100
Obama announced his action plan to revive the housing industry. The focus is to assist current home owners with there current mortgage, whether it is a refinance or loan modification. Also additional money will be used to purchase mortgage back securities to maintain mortgage rates in there current position. The plan has a deadline of March 4 but details still have not been announced.
Views: 1030 The Mortgage Reel
As we've been reporting, it is a big week for South Africa. President Cyril Ramaphosa last week announced an economic stimulus package to get the economy growing, and create jobs. Joining us in the studio is lecturer at the Gordon Institute of Business Science at the University of Pretoria, Buyani Zwane. For more news, visit: sabcnews.com
Views: 1132 SABC Digital News
A top Republican called for more mortgage relief and additional tax cuts in President Barack Obama's massive economic stimulus package as Democrats conceded privately they will drop items that have drawn bipartisan criticism. (Feb. 2)
Views: 4354 Associated Press
The Trump administration is working hard to make America great again, by bringing jobs and opportunity back to our shores. Written and Produced by Austin Bragg Subscribe to our YouTube channel: http://youtube.com/reasontv Like us on Facebook: https://www.facebook.com/Reason.Magazine/ Follow us on Twitter: https://twitter.com/reason Subscribe to our podcast at iTunes: https://goo.gl/az3a7a
Views: 14227 ReasonTV
Hello, I'm Kristin Volk and welcome to a UPI White House Weekly. The economic stimulus legislation of nearly $790 billion is now law. President Obama signed the final version in Denver on Tuesday. The package includes working class tax cuts, infastructure spending, help for the poor and unemployed and investments in alternative energy. Obama said he would not pretend that the plan would turn the economy around, but said it marks the beginning of an end to the country's financial troubles. He also said the legislation will save or create 3.5 million jobs over the next two years. But, Republicans say it will fall short of creating the promised level of new jobs and is also full of pork-barrel spending. The White House says it will take about a month for the money to start flowing. Afghanistan may soon be seeing more American troops. President Obama ordered 17 thousand more soldiers and Marines to that country this week that's double the number of Americans there now. He described his decision as an urgent move to stabilize a deteriorating and neglected country. However, neighboring Kyrgzstan dealt a potential blow to the U.S. military efforts in Afghanistan today. That country voted to close the last remaining U.S. air base in Central Asia a base that's used frequently for troops and supplies heading into Afghanistan. Secretary of State Hillary Clinton responded saying that Kyrgstan's decision won't affect military efforts overseas. Obama introduced a government plan this week to rescue homeowners facing foreclosure. Obama said the $75 billion proposal would reportedly help as many as 9 million families to restructure or refinance their mortgages. Republicans are challenging the fairness of the plan, but the President said it would not rescue those who have been irresponsible with their mortgage or home purchase. The White House says more details will be released on March 4. Analysts say that as many as 10 million homeowners across the country could face foreclosure in the coming years. For more on these stories and all of the day's news, go to UPI.com. Thanks for watching.
Views: 468 UPIVideo
President Cyril Ramaphosa has announced an economic stimulus plan to pull the country out of recession and create jobs. It centres on moving R50 billion already in the budget to new areas where the money can boost the economy. A noteworthy component is an infrastructure fund to boost labour intensive investment. Funds will also be directed to agriculture and township and rural economies. To discuss we're joined by Azar Jammine, Director and Chief Economist at Econometrix. For more news, visit: sabcnews.com
Views: 514 SABC Digital News
Several weeks ago, it was announced that the ANC has called on government to inject a stimulus package into the economy. This, on the back of lackluster growth and continued high unemployment levels, particularly among the youth. President Cyril Ramaphosa has indicated that, indeed, work is being done to put together a package, but what can we expect it to entail and, with the country's fragile fiscal situation, where will the money come from to make it happen? To share the ANC's thinking on the matter, we are joined in studio by Phelisa Nkomo, she's from the ANC's communications team. For more news, visit: sabcnews.com
Views: 3568 SABC Digital News
The Congressman also appeared on MSNBC this morning to discuss the same issue. One commentator suggested that Paul's analysis was misguided because "The house is already on fire" and something must be done to put it out. "You are correct, the house is on fire," Paul fired back, "and you think you're putting water on it, but I think you are pouring kerosene on it." he added. "We got into this mess by spending too much, borrowing too much and inflating too much. Government was too big and we had too many regulations. We had rejected the market economy for decades, we have rejected the notion of sound money for decades, and we got into a mess this way. So what is the proposal? Spend more money, borrow more money, print more money, regulate more, it makes no sense whatsoever." Paul asserted. The Congressman suggested that a more sound approach to the crisis would be to abolish income tax and business tax to get Americans spending, whilst simultaneously cutting overseas spending to cover revenue losses. "But the problem is no one wants to cut the American Empire," Paul explained. "Even Obama's administration wants to increase spending overseas and increase military spending. As long as you want to run the world empire at a trillion dollars a year, believe me you cannot solve this problem." he added.
Views: 27133 drp199023
We continue to discuss the stimulus plan. Most economists have welcomed the new measures announced by President Cyril Ramaphosa today to grow the ailing economy. Some of them say it can't be called a stimulus package, as this usually contains temporary tax cuts and increased public spending. For more news, visit: sabcnews.com
Views: 967 SABC Digital News
President Cyril Ramaphosa is set to outline his ambitious plan to help resuscitate the ailing economy. It's at least the fourth stimulus plan aimed at boosting South Africa's economy which has suffered its first recession since 2009. For more news, visit: sabcnews.com
Views: 516 SABC Digital News
Complete video at: http://fora.tv/2008/02/05/Joseph_Stiglitz_Economics_of_Information Nobel Prize-winning economist Joseph Stiglitz argues that increasing unemployment compensation should be a necessary first step for any national economic stimulus plan. ----- Nobel Prize-winning economist Joseph Stiglitz ("Globalization and Its Discontents") talks about his new concept of economics, "The Economics of Information," and his latest book, "Making Globalization Work" - Asia Society Joseph Stiglitz was chief economist at the World Bank until January 2000. Before that he was the chairman of President Clinton's Council of Economic Advisers. He was awarded the Nobel Prize in economics in 2001. He is currently a finance and economics professor at Columbia University. He is the author of Globalization and Its Discontents and The Roaring Nineties.
Views: 8005 FORA.tv
We are joined in studio by our economics editor Thandeka Gqubule-Mbeki For more news, visit: sabcnews.com
Views: 193 SABC Digital News