Sunday, September 28, 2008

Fun and Not-So Fun.

First the fun. Check out this video from San Francisco of the Imperial invasion. It may be time to get your midichlorian count checked:

Now, the not-so fun. I'm guessing that a lot of people don't know where money really comes from (I really didn't either). The common assumption is that for every dollar put in a bank, a dollar can be lent out (for mortgages for example). That is not the case. In fact, for every dollar put in a bank, about $100 can be lent out! The money is created by debt. This video does a really good job of explaining how the financial system works and one can see why the US government wants to give $700 billion to the banks for the bad mortgages rather than the people with the mortgages. If the people get the money, the debt goes away.

The video makes some conspiracy theory accusations toward the end, but the beginning is really informative.

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