What do you think? Is This an "I Hate Altoona" Video from the 50's or 60's?

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Watch this video from the late 1950s/early 60s. WHY was this video made? What is it's purpose? Don't you feel it is overly derogatory?
WHAT DO YOU THINK? Are you from Altoona?
Please let us know what your thoughts are on THIS VIDEO either here or on our Facebook page:
http://www.facebook.com/waly1039