GENIUS VIDEO: Bank Bailouts Explained – The Screwing Of The American People

Omid Malekan

In a video exploration of the bank bailouts, two cute creatures decide the bank bailouts amount to “the screwing of the American people.” In the new video, from Omid Malekan, one character asks why the banks were bailed out, and the other responds “Because they said the banks were too big to fail, and if they failed, there would be too many foreclosures, and no new mortgages.” The video goes on to point out that after the bailouts, banks didn’t stop foreclosures, or issue new mortgages. But one executive at Bank of America did pay bill on his $70,000 desk.

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