Mortgage Crisis Blues
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- Super_Steve
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- groups:
- News and Politics, Art and Style, On Current TV, Explanotions!
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- credits:
- Super_Steve Producer, Peter Kim Editor, Steven K.L. Olson Producer
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Jamie_Mills
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Mortgage crisis is bad in Spain too -
http://www.pebblesonthebeach.com/directory/Spanish_Mortgages/
- 26 days ago
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Jamie_Mills
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BangTheDrummer
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so THAT'S what's happening all over the country...thanks for the animated explanation...someone send this to Obama...stat.
- 3 months ago
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BangTheDrummer
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Kylan
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Federal Reserve Chairman Ben Bernanke says banks need much more than a payday loan to end the mortgage crisis. After $350 billion from the Troubled Asset Relief Program was spent on aiding financial institutions, more than half of modified loans ended up in default anyway. Even access to a payday loan couldn’t help most homeowners, and 53 percent of them ended up in default within six months. Now Bernanke is saying even more rescue money is needed to get the economy back on track. After the shady way the original funding was tracked after the Treasury was given basically a free license to spend it however it saw fit, I am a little skeptical about throwing more money at the same cause. Luckily, Obama says there will be more oversight regarding the remaining $350 billion, which will be available soon. To read more about this topic, visit your payday loan news source.
- 12 months ago
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Kylan
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Amir3793
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Can't wait for the next explanotions
- 1 year ago
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Amir3793
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jimwiz3416
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Great explanation of what's going on now - here's another graphic video detailing the fluctuations in home prices 1890 to (almost) present day.
It clearly demonstrates where we're headed...
- 1 year ago
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jimwiz3416
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Protest_The_Hero
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This is awesome. It really shows how stupid people can be when it comes to buying a house. Do some research before making such a big investment, damn.
- 1 year ago
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Protest_The_Hero
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Brazil617MA
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Awsomely made ... It shows how serious the crisis is ...
- 1 year ago
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Brazil617MA
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bigred5
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just too cool,,,,,do something like this again.
- 1 year ago
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bigred5
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dennisfoss
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Awesome....liked the music and the theme of the blues over the subject of mortgages.
- 1 year ago
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dennisfoss
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BuddyT
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Great combination of writing, music and animation!
- 1 year ago
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BuddyT
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iokua_2003
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Even people in Britain feel the crunch!... Just Watch! :)
- 1 year ago
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iokua_2003
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brewstar
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Good job. Hopefully more are on the way!
- 1 year ago
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brewstar
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Cindispeaks
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I like this...it's informative and fun at the same time. I can show it to my kids, too! How about some more?
- 1 year ago
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Cindispeaks
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Frier_peppino
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Don't like this video and i don't like the art style of Super News/ Explanotions. They did do a good job of getting their point across. I just think the blues parody is sort of cliche these days.
- 1 year ago
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Frier_peppino
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TheNome
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NICE!!!!
- 1 year ago
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TheNome
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SSanders
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School House Rock for adults - Brilliant! I'd love to see an episode explaining the gas crisis. Keep em coming!
- 1 year ago
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SSanders
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jdubyah
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Great Animation!
I like a little news/current events with my entertainment.
I look forward to more episodes... - 1 year ago
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jdubyah
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frankyk
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Wooooow. This is good stuff. I used to work for a sub-prime lender and this is pretty much what we would deal with, large loans for people not making a lot of money. It wasn't a good idea but loan officers and such were making a grip of money and really didn't give a shit, and the borrowers were happy too. Honestly I left the company in a month before even closing a loan because the whole "scheme" made me sick to my stomach. Yep, your FICO will get you far in this country.
- 1 year ago
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frankyk
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kidkirk
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Very Good job Steven. I always knew you would go far. Keep up the good work my man.
- 1 year ago
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kidkirk
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merckrx
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Good use of terminology breakdown, music, visuals; and colorful graphics.
Suggestion for the next chapter: "Global Warming and You"....
- 1 year ago
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merckrx
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kingscastle04
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This is awesome! What a great way to break things down for the "simple" minds!
- 1 year ago
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kingscastle04
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trothmaster
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very interesting
- 1 year ago
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trothmaster
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mslivoskey
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I love how creative this animation is! There is so much to the sub prime crisis and now I get it. Wasn't sure I even wanted to know but now I get it! Thanks Explanotions!
- 1 year ago
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mslivoskey
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waldby
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Thanks for breaking down this complex issue. It's important for people (especially those who otherwise would not be able to access this information) to understand current issues which may have lasting affects on their lives. Shows like this bring large issues down to size. Can't wait to see what they do next...
- 1 year ago
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waldby
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swiftsteve
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The animations definately reminds me of the cartoons i grew up on. Nice work - very entertaining (and different).
- 1 year ago
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swiftsteve
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jimmy13
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The show is bitchin' awesome!! like school-house rock but updated.
whats the next one gonna be about? - 1 year ago
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jimmy13
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Bearclanyo
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brilliant! I finally understand the whole housing situation, and the song was catchy!
more episodes PLEASE! - 1 year ago
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Bearclanyo
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SSanders
- This comment has been removed.
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SSanders
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sofaslug
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Loved it. Reminded me of Saturday morning cartoon breaks (Schoolhouse Rock.) Clever treatment of an important topic.
- 1 year ago
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sofaslug
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Hukilu
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The animation on this show is fantastic! Hate to admit it but I learned something! Are there more episodes? Hook me up Current!
- 1 year ago
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Hukilu
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sofo
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This is brilliant! Super educational! I cant wait to see the next one.
- 1 year ago
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sofo
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DeJarnetteDesigns
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Nice animation in the likes of Schoolhouse Rock.
- 1 year ago
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DeJarnetteDesigns
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Irie_Jamaican
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Finally! A complex topic is broken down in 'little chewable pieces' so my 'island mind' can comprehend this terrible issue. I so love cartoons.
- 1 year ago
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Irie_Jamaican
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Egnatius212
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Very cute!
- 1 year ago
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Egnatius212
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ddolsons
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Very smart and funny. Let's see more episodes!!!!
- 1 year ago
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ddolsons
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arcticspirit
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Nice information.. but the singing was totally lost on me.
- 1 year ago
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arcticspirit
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msheth87
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Wonderful!
- 1 year ago
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msheth87
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huntre
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Folks will be humming this tune while packing up, I'll bet.
- 1 year ago
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huntre
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ThomasGreen
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Awesome job Steven! Please make this a series.
- 1 year ago
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ThomasGreen
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schuur13
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Educational AND entertaining? So rare... I'm passing this along!
- 1 year ago
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schuur13
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RavagesOfTime
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A modern day School House Rock.
Very nicely done.
- 1 year ago
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RavagesOfTime