Page 10 - Beta Max News Today

People emerged from the 70s from tough economic times and went, wow, we can now spend. >> i want you to think about this also. >> thats what is going to set your eyes off. >> the economy started growing, and it was largely a consumer-driven growth. but the consumer economy was funded by debt. >> the national bankruptcy rate is soaring. greg and diana, annual income, $32,000. they had over $12,000 in unsecured debts, bought a washer, dryer, and beta max tv recorder, then went bankrupt. >> i knew ...

>> you know, john, vh-1 stopped doing that in 1999. >> why dont you get your beta tape. >> oh, i love that culture. >> but, you know my dad and i loved him for so many reasons but for this especially. that ten years after vhs had crushed beta max he said this is a machine of the future. former treasury official and economic analyst steve ratner is with us and david ignatius. >> still has a betamax. >> and chairman of the financial integrity network and a security national analyst and juan join...

Every day. they call themselves mall rats. >> i love it. its only $24. >> consumerism definitely took over in the 80s. people emerged from the 70s from tough economic times and went wow, we can now spend. >> i want you to think about this also. >> thats what is going to set your eyes off. >> the economy started growing, and it was largely a consumer-driven growth. but the consumer economy was funded by debt. >> the national bankruptcy rate is soaring. greg and diana, annual income, $32,000. they...

Old, come to the mall almost every day. they call themselves mall rats. >> i love it. its only $24. >> consumerism definitely took over in the 80s. people emerged from the 70s from tough economic times and went wow, we can now spend. >> i want you to think about this also. >> thats what is going to set your eyes off. >> the economy started growing, and it was largely a consumer-driven growth. but the consumer economy was funded by debt. >> the national bankruptcy rate is soaring. greg and diana,...

They call themselves mall rats. >> i love it. its only $24. >> consumerism definitely took over in the 80s. people emerged from the 70s from tough economic times and went wow, we can now spend. >> i want you to think about this also. >> thats what is going to set your eyes off. >> the economy started growing, and it was largely a consumer-driven growth. but the consumer economy was funded by debt. >> the national bankruptcy rate is soaring. greg and diana, annual income, $32,000. they had over $...

Too. ainsley: we have stairs right there if the four of us want to recreate it that was the best time no. one wakes up at the right time. the same time. steve: they had to wait at the top of the stairs. ainsley: mom, come on. hold on, i just need to brush my teeth. dad, come on. hold on, i need to set up the video camera. you would wait forever. steve he was here. ainsley: elise, get out of bed. janice: most exciting time of year. steve: best week on the calendar. we would love to see your pictu...

>> consumerism definitely took over in the 80s. people emerged from the 70s from tough economic times and went wow, we can now spend. >> i want you to think about this also. >> thats what is going to set your eyes off. >> the economy started growing, and it was largely a consumer-driven growth. but the consumer economy was funded by debt. >> the national bankruptcy rate is soaring. greg and diana, annual income, $32,000. they had over $12,000 in unsecured debts, bought a washer, dryer, and beta ...

They call themselves mall rats. >> i love it. its only $24. >> consumerism definitely took over in the 80s. people emerged from the 70s from tough economic times and went wow, we can now spend. >> i want you to think about this also. >> thats what is going to set your eyes off. >> the economy started growing, and it was largely a consumer-driven growth. but the consumer economy was funded by debt. >> the national bankruptcy rate is soaring. greg and diana, annual income, $32,000. they had over $...

Is a business and the business of making money. if they decide well, you know, we have been showing the film that has been has got on beta max and vhs and dvd and blue ray and online download and streaming services, you know, they are not paying to come into our theater. people are complaining the climate of the country is such that now they dont want to be seeing movies glorifying where white people could own black people and impregnate black people. >> then dont show up to the movies. >> then ...

>> i want you to think about this also. >> thats what is going to set your eyes off. >> the economy started growing, and it was largely a consumer dren growth. but the consumer economy was nded by debt. >> the national bankruptcy rate is soaring. greg and diana, annual income, 3 wood -- $32,000. they had $12,000 unsecured debts, bought a washer, drier, and beta max tv recorder, then went bankrupt. >> if youve got plastic money, theres nothing holding you back. >> it was acceptable to have a cred...