Change Player Size

Record High Consumer Debt (CBS News)

The average American household bears thousands of dollars in debt. We spend more than we earn, and then find ourselves in trouble. Trish Regan reports. (CBSNews.com)  
 

QuickList(0)

Featured Videos

9 ratings
Sign in to rate
6,278 views
Want to add to Favorites? Sign In or Sign Up now!
Want to add to Playlists? Sign In or Sign Up now!
Want to flag a video? Sign In or Sign Up now!

Statistics & Data

Loading...

Video Responses (0)

This video has no Responses. Be the first to Post a Video Response.
Sign in to post a Comment

Text Comments (28)   Options

Loading...
Comment(s) marked as spam Show
mars3400 (3 months ago) Show Hide
 0
Marked as spam
The Banks = domestic Terrorists
thaliafan07 (4 months ago) Show Hide
 0
Marked as spam
the banks did NOT twist anybodys arms and say use them or else!!!! everyone that is in debt did it all by themselves..PERIOD. All the banks did was raise their charges anytime they wanted to...YEAH and that is wrong too. maybe all cards should be a fixed rate when you activate the card,,BETTER yet, dont GET a stinking credit card.
HurricaneHeidi (5 months ago) Show Hide
 0
Marked as spam
Beyond being legalized loan sharks, Federal Reserve Banks and their Credit Card companies are Federally LEGALIZED COUNTERFEITERS, authorized by the Federal Reserve Act of 1913 - after which we had RELENTLESS INFLATION as the result of their legally sanctioned "lending" of "money" created out of thin air, which drove prices up, and caused eventual recession and depression... TWICE - 1928 AND 2008.
asierra1492 (5 months ago) Show Hide
 -2
Marked as spam
Yea go ahead and blame the banks...why dont you grow up and blame yourself for running your debt. You were not forced to go in debt. The girl said it best I was "young and naive"...Translation STUPID no one forced her to do that stupitidy. :)
brcole (5 months ago) Show Hide
 0
Marked as spam
im so sorryz guyz will find a bloody body in your closet hanging there haunting you and will kill you and ur family and if u want to stop this just sends this to 6 videos in 30 mins or this will happen good luck!
wreckerpecker (6 months ago) Show Hide
 0
Marked as spam
Research what fluoride, monosodium glutamate and aspartame does to people and things begin to make sense. Everyone is brain dead, how do you expect people to know when they cant.

RESEARCH IT DAMMIT! You are dying eating this stuff
crackahcrackah (8 months ago) Show Hide
+1
Marked as spam
Yeh what is the collateral that these assholes have to put up as part of the agreement? The money is created simply by the signature of the debtor. If the debtor fails they can have property etc. taken. What does the bank have to lose? Nothing because they put up no collateral. Fucking swine!
crackahcrackah (8 months ago) Show Hide
 0
Marked as spam
Fuck the MSM and the banking industry they work with. Where's the report regarding the fact that the faggot ass private company "the Federal Reserve" has been subverting the country by devaluing the dollar by 20X what it used to be worth in 1913 when the traitors in Fed Gov sold us out? Where's that fucking report? That and utilization of behavioral science to gradually implement behavioral shifts over the last 100 years are what has led to the current state of affairs. Fuck Bertrand Russell
pandabead (8 months ago) Show Hide
+1
Marked as spam
The American Dream never included credit card debt. It did including Savings and living within your means so one could invest and buy a home. So the credit card is an illusion.

Would you like to comment?

Join YouTube for a free account, or sign in if you are already a member.