Tagged as: Alan, Bailing, Banks, Don't, Fail, Give, Grayson, Kids, Rep., Scholarships
Rep. Alan Grayson on the Fed Bailing Out Big Banks: “You Don’t Give Scholarships to Kids Who Fail”
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For a view on the banking meltdown. politicallyhomeless. n*t/?p=283 , Substitute the * for an e . Democrats were also responsible for the present economic conditions. We need to throw out the bad apples , both republicans and democrats. Right now I am very angry that republicans are opposing reforming our health care abomination. Just as angry at the role the democrats played with the banking melt down.
Great work Alan Grayson!
What the fuck???
The Fed is unconstitional. Section 8 of the Constitution says:
To coin Money, regulate the Value thereof, and of foreign
Coin, and fix the Standard of Weights and Measures;
You can argue, perhaps, that Congress can delegate those powers but you cannot argue that Congress can surrender those powers.
Congress overseeing the Fed is long overdue, 96 years overdue.
END THE FED!!!RON PAUL IS THE MAN!!!!
great interview Grayson!
@b07rivera:
The bill going to the Senate is not Universal Health Care..it’s the public option.
But if you want to talk $, universal, single-payer health care is actually more cost-effective than private for-profit insurance. Hence why US spends 16% of its GDP on health care while most industrialized countries spend 8-9%.
He’s got BIG ONE’S LOL! I like that he’s for the people and not his pocket!
I have a lot of respect for Grayson. Not many of his colleages in either party have his integrity.
Socialism should benefit the poor not the incompetent rich.
Behind the curtain stands The WIZZARD OF OZ=Socialist GOVT. giving everyone a special gift.
Green=worthless paper currency
The yellow brick road=Gold
The original slippers=Silver
why not?
i only failed because of calculus…..
don’t i deserve a second chance? =(
deal
@ZKoftherebellion this is the Japanese version
@beornborg you do Bernanke and I’ll do that hunky AG.
Double dates.
The price of gasoline went up during the Bush Regime because firms like Goldman Sachs, and Leyman Brothers were trading paper back and forth, raising the price for the end user.
Wall Street is a leach that needs to be audited.
yes, I am willing to offer this at no charge
It also would not have happen if we had a barter economy. The simple truth wealthy people screwed themselves and place their mistake on the public. But you don’t want to hear that you prefer think that the entire world economy was nearly brought to its knees because a few poor people got a house e they couldn’t afford. The entire subprime mortgage was like 500 billion. Again it was the trillions on GAMBLER that wrecked us.
A progressive Democrat worried about an institution that is MARXIST and centrally plans credit. I’ll be danged….either he isn’t a progressive or he’s pretty stupid.
Typical rhetoric… shining light on the truth is a “takeover”.
What the fuck???
Bernanke equates an audit to a takeover by Congress of monetary policy. What the fuck?????????
The Fed is unconstitutional. From section 8 of the Constitution: “To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures”. It can be argued that Congress can delegate those powers to the Fed, but only if Congress retains control. You cannot control effectively without oversight.
ITS JUST YOU (jk its like a second off)
is it just me or is the voice out of sync for part of it?
I dont play identity politics. I know both parties are frauds. Its why since 1999 all my savings have been in gold and silver. The fed must be audited yet fellow democrat Watt is trying to block it. The democrats are treasonous.
You say it was side bets but you fail to realize those side bets would of never taken place if it werent for fannie and freddie absorbing the bets. Who do you think purchased the mortgages after they were sliced and diced by brokerage houses??? Bush saw this and new it would be bad but barney frank blocked it. Whenever a govt subsidizes an industry, it collapses the industry. Fannie and freddie should of never been created. It creates a moral and risk hazard.
your right – but I just listen