Cenk Vs. Michael Shure On Economy, Geithner
Posted by admin in Finance Monday, 3 January 2011 22:32 25 Comments
Vote for TYT Once A Day: vote.streamys.org (3/22/10 - 4/11/10)
Posted by admin in Finance Monday, 3 January 2011 22:32 25 Comments
Vote for TYT Once A Day: vote.streamys.org (3/22/10 - 4/11/10)
To get technical though, the bankers weren’t totally at the mercy of the Obama Administration. Sure the government was the only ones who could save them, but if they didn’t help them the economy would get much worse very quickly. So Obama couldn’t just give them a list of his demands, it had to be a push-pull negotiation. And we all know how push-pull negotiations between the government and wall street turn out.
Just of my thought on this issue!!! If Obama Stimulus Work one years later? How Iraq and Afghanistan War?
Did 825 billions US dollars stimulus Package Work?
Is better to give@loan 825 Billions dollars stimulus Package for US CITIZENS@SMALL BUSINESS OWNERS, HELP THEM TO CREATE MORE JOBS FOR AMERICA, MADE IN AMERICA!!! Thanks.
Cheaper and more effective would have been an IRS moratorium for three years while allowing the criminally incompetent bankers to face the ire of their stockholders and customers alone. Moneywise, nothing would have to change since counterfeit money can be directed anywhere. Even more efficient, of course, would be to cut the federal budget to the point where more counterfeit money (created out of thin air) wouldn’t even be required.
Cenk hits the nail on the head here. Oh I’d love to see Cenk interview Tim Geithner. My guess is that 90% of the people who saw that interview would say “Where the hell have they kept this Cenk-guy hidden?! He’s awesome!”. The issues Cenk brings up here are the issues I think most Americans would totally agree with him on if they knew about it. Shitty damn media with their bullshit questions.
I though that guy on the right hung himself trying to get off
Geithner is lier and full of shit!!!!!!
Geithner is lier and full of shit!!!!!!
The commercial real estate collapse has already started and will dwarf our last collapse. Buckle up people.
Who is the new guy? I no like him!
Geithner is lier and full of shit!!!!!!
Geithner is lier and full of shit!!!!!!
Geithner is lier and full of shit!!!!!!
Geithner is lier and full of shit!!!!!!
Stricter regulation would have been aggressive, letting the bad fail would have been aggressive. Saying: “ooh nooo, you’re going to fail, here take all our money.” Is not aggressive, it’s pathetic…
The guy on the right is a douche
Good one Cenk
this was one of the best exchanges between cenk and a guest of the show i have ever seen. both made great points and even though i agree with cenk more. i have too admit shure made some valid points as well. Geithner drives me crazy too. i have tried to give this guy the benefit of the doubt, but he just hasnt convinced me he has the people best interest in mind. he always seems to speak on the behalf of the banks and wall st. maybe im nit picking but thats my take
Cenk is 1000% right on that….Man does these idiots in America who say that was the ONLY choices make me angry!!
Although I agree democracy is a terribly flawed system, you really haven’t. America is still very much a republic.
Republics and dictatorships have more or less the same problems, except that the people voting themselves rich are the inner circle instead of the people, as is currently the case in the U.S. where the interests of the super rich are served at the expense of the average citizen.
And besides that, all political systems are temporary in nature.
If I rape your daughter and cut her throat but stop the bleeding and save her life; am I a hero. This is the story Bernanke, Paulson, Geithner have put forward and they are touted as heros, apparently by Obama who is no better. Weren’t people like this hanged in previous centuries? They would look good with their heads on poles. Which is your favourite lying scum?
@RightWingTV That’s why our founding fathers had the wisdom and insight not to create a Democracy, but a Republic. In a republic, the majority doesn’t rule. The problem here is that lately we’ve transformed our great republic into a European Democracy.
What is Ben Bernanke’s theme song “I’m Forever Blowing Bubbles”
A democracy is always temporary in nature. It simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the majority always vote for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, usually followed by a dictatorship.
The whole system is fraud.Why keep apolagising for continuation of complete fraud?As long as the financial system is in the hands of secrecy i dont like our chances.
@MrOphiuchus1
not really for the simple fact that it would have caused massive inflation
@MrOphiuchus1
not really for the simple fact that it would have caused massive inflation