This video covers a very wide range of currently hot political topics. Starts with the discussion on drop out of Herman Cain from 2012 Republican political race. Broadens down to U.S. politics and taxation. Brings into focus and compares the federal taxes and taxes in various Republican and Democratic states. Covers different forms of taxes like income tax, consumption tax, property tax, car tax and capital gains taxes.

This is second in a series of articles on historical analysis of causes, consequences and fixes for recessions and depression, a frequent happening in Capitalist economies. This particular article analyses thirty first U.S. president Herbert Hoover. Great depression hit us during his presidency and his reforms to fix it are largely considered as failures.

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