To Monetize, Great Definition & Example from Fun with Dick & Jane

I embed these videos here today to serve as educational tools to learn or teach about our current economic situation in pretty clear and entertaining ways. Every high school student could understand this, it really isn’t rocket science, but I know it isn’t being taught to many at all.:(

What Does Monetize Mean?
1. To convert into money.

From RT America, Capitol Account, Word of the Day with Lauren Lyslet,

http://www.youtube.com/watch?feature=player_embedded&v=275rtisK4LU

From “Fun with Dick & Jane”, 2:14 thru 6:45
Dick gets to go on TV to be grilled about his company’s implosion (that he hasn’t been told about, yet is being assigned to deal with the public about) and he learns on air, then goes to work afterward to see chaos and wants an explanation then gets this;

“Sooooo Dick finally wants to know what’s going on. Me thinks somebody made a boo boo,…….. maybe we didn’t know how to use Quicken, yeah that could be it…………….We took our shifting losses & we put them into companies that we actually owned & then the balance sheet, it showed profit, but actually there was debt……”

http://www.youtube.com/watch?v=CtgRgp31tkk&feature=player_embedded

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