adf1969

adf1969

1p

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14 years ago @ Glenn Beck - The 912 P... - News From You · 1 reply · +3 points

Timothy Geithner was on Charlie Rose on May 6, 2009.

Here are some comments he made:

TIM GEITHNER: A financial crisis reflects an unwillingness by the private sector to
take risks because of uncertainty and things they just can’t do. And
that’s why governments have to step in, in financial crisis and take risks
the market would otherwise not be prepared to make.

Duh! If the private sector won't "lend" or "take risks" that means it is likely a *bad idea* because it is a poor investment with a poor return on investment!
Since when do people believe the gov't can do a better job of predicting future value? (If you are unsure, see: Social Security; Medicare/Medicaid...)

But you had to watch almost the *entire* grueling interview to get to the
cherry on the top of the icing coated cowpie that is their "plan"

CHARLIE ROSE: Will capitalism be different?

TIM GEITHNER: I think capitalism will be different, and the financial
distribution will be dramatically different. It’s already dramatically
different.

Yep. You heard it right:
"I think capitalism will be different"

Question: How can "capitalism be different" and still be capitalism?
Answer: When it is not longer capitalism, it is Statism.

-- Andrew Fields
If you want my full review of the interview, you can get it here:
http://andrewdavidfields.blogspot.com/2009/05/cha...

14 years ago @ Glenn Beck - The 912 P... - News From You · 0 replies · +1 points

Please take a look at this site here:
http://www.OurCaucus.com
They have some *great* videos on their plan and their plan makes sense.

I will post more later as to their "plan" and why I think it is the best plan so far to accomplish the objective of re-taking back our country.