Taken for a Ride

VN:F [1.9.22_1171]
Have Your Say! Rate This Film!
Rating: 4.5/5 (13 votes cast)

1996 – Before freeways, traffic congestion and air pollution, public transportation was a vital part of the American landscape. Jim Klein and Martha Olson weave investigative journalism, urban history and social commentary to uncover General Motors’ role in dismantling street car transportation in the 1930′s, and in catapulting the automobile to the center of our national culture.

 

VN:F [1.9.22_1171]
Have Your Say! Rate This Film!
Rating: 4.5/5 (13 votes cast)
The Savings and Loan Banking Crisis: George Bush, the CIA, and Organized Crime , 3.8 out of 5 based on 12 ratings
< |||| > 1 2 3 4 5

The Savings and Loan Banking Crisis: George Bush, the CIA, and Organized Crime

VN:F [1.9.22_1171]
Have Your Say! Rate This Film!
Rating: 3.8/5 (12 votes cast)

1992 – The savings and loan crisis of the 1980s and 1990s (commonly dubbed the S&L crisis) was the failure of about 747 out of the 3,234 savings and loan associations in the United States. A savings and loan or “thrift” is a financial institution that accepts savings deposits and makes mortgage, car and other personal loans to individual members—a cooperative venture known in the United Kingdom as a Building Society. “As of December 31, 1995, RTC estimated that the total cost for resolving the 747 failed institutions was $87.9 billion.” The remainder of the bailout was paid for by charges on savings and loan accounts — which contributed to the large budget deficits of the early 1990s.

The concomitant slowdown in the finance industry and the real estate market may have been a contributing cause of the 1990–91 economic recession. Between 1986 and 1991, the number of new homes constructed per year dropped from 1.8 million to 1 million, which was at the time the lowest rate since World War II.

 

VN:F [1.9.22_1171]
Have Your Say! Rate This Film!
Rating: 3.8/5 (12 votes cast)
The Savings and Loan Banking Crisis: George Bush, the CIA, and Organized Crime , 3.8 out of 5 based on 12 ratings
Report Broken Video Link

What Did You Think? Leave a Reply

Republic Broadcasting Live Stream