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From: TheYoungTurks
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  • The young turds fail again. Why am I watching this fat fuck? Back to the real world...

  • O was Big Finances top recipient in 08 to the tune of $40 million. Might explain

    why 9 months later there has been virtually nothing done to reign in Wall St's excesses.

  • Once they asked for and took the bailout money ... that is when the big trouble started. make shitty cars, give shitty warranties, no one is going to buy them. File chapter 11 and re-org and give your company an overhaul, but DO NOT take money from the government. Speaking of cars ... great program to help out American auto makers by Obama. GREAT FOR OTHER COUNTRIES!

  • So Cenk, if your radio station comes into financial trouble and gets a bailout from Obama, and he does not like the job YOU personally are doing, it will be okay for the president to fire YOU, a private citizen, of a private company? You sure you are American?

  • It's now obvious why none of the CEOs of the banks were sacked. Again the American people have been duped and the fox is now guarding the hen house.

  • That statement is so sad.

  • This guy is so stupid!

  • Why do auto-companies compete? A solid merge would benefit both sides!

  • Stop wasting money on these companies.

    let them fail.

    capitalism.

  • When politicians or the press secretaries don't give an answer or even an explanation - should the question be let go just like that? I thought reporters are supposed to keep asking / dissecting / questioning until they get an answer - or force a change. oops. I must've been dozing off in dreamland for a second there.

  • Search 'Taken For A Ride' on google videos

  • Change? Obama is Bush III (but on steroids). I never thought I'd see the day when the president would take over the private sector.

    It's been reported that the American Taxpayer will never get reimbursed for the billions put into the auto industry.

  • No president of the US should have power to fire a CEO or force bank execs to bow down to his/her wishes.

    Obama has gone too far. Now the government OWNS 70% of GM. It's been reported that the American taxpayer will never get the money they put in back.

    Obama touted change, but (with minor exceptions) is propagating Bush's policies -- except on steroids. Luckily he has a great marketing staff and focus groups so he can fool everyone with "wonderful" speeches (60% approval).

  • wow. it would be embarrassing as hell to put a video up like this in support of obama, given the surfacing news and truths.

  • We are taking over this GM reluctantly for the benefit of our people. We do not wish to do this, but instead of loaning $ with these conditions we are screwing the investors, redistributing ownership so that we comrads can all own it, under the Government control of course. As obviously this is for the benefit for all Americans

    Anyone else see a direct comparison of Cesar Chavez, Stalin, Fidel Castro? They made the same claims.

    We today, have officially became the Soviet States of America!

  • think about it, 240 years of this country and we never nationalized a single business, 6 months of Obama and we've nationalized bank, financial services and the bulk of the American auto industry. Chrysler is gone! Nationalized and sold off to foreigners by Obama, now he's parting out GM to his union cronies and college friends. Why?

  • Fuck-in-chief with $timul-US ambitions

  • I will never buy an "ObamaMobile"

    Ford: YES.

  • No! I want an ObamaMobile! Why would you want a Ford? I want something more regulated...

  • Haha Obama "We are not taking over GM, It will not be government owned."

    But GM CEO you need to step down, and we will put Ralph Nader to run it for you!

    There goes Obama with more of his government control bullshit, what happened Dems? I thought you were all about less government and more freedom???? Last time I checked Obama has now just created the biggest government ever, and growing!

  • the answer to ur question is this.. the BANKS RULE AMERICA!! Until we stop letting these bankers and outside societies run our country, every single politician and president is going to bow to these creeps.. its time for the people to take control of america, and get rid of these banks

  • While the intent of what you're saying is correct it's not broad enough, not exact enough. It's not BANKS ruling America, not OUTSIDE SOCIETIES we need to direct our anger at ... it's IDIOTS running the company and IDIOTS pandering to them we need to eliminate. Of course, it's illegal to off IDIOTS in this country and it's too much of a logical thing to do - thus it'll never happen on these two points.

  • people keep saying obama fired wagner. Him leaving was a stipulation for GM getting more loan money.

  • check out ilovemountains on you tube

  • If you want the real answer to this question watch "Who Killed The Electric Car." They killed the electric car but Obama killed them. Payback bitches. Electric cars and clean air are coming and neocons are getting bitchslapped and sent to the corner to think about their sins to humanity. lol

  • please keep in mind:

    Obama inherited george bush FAILED POLICIES for 8 years.Give him a break it has only been 2 months in the white house.Republicans keep complaining however when asked about strategies they NO propose solution.

  • Cenk is a plant for the network of Wall Street, MSNBC/CNBC. He knows the legislation regulating the banks moving forward is what's important and that the President cannot get bogged down in every battle. He inherited one of the worst economic disasters in history and two wars, but he has to change everything in two months?? What a bunch of manipulative people we have everywhere. Don't believe people taking money from corporations and that's the news stations for one.

  • no stanjz, Obama is making the WRONG moves. You dont borrow a few trillion we dont have, making our problem worse and throwing us into a deppresion. You let those banks and insurance companies go bankrupt. And you dont throw 17,000 new troops in Afghanastan and keep 50,000 in Iraq...you get them out and bring them home.

    Obama is making all the wrong moves.

  • Cenk and TYT,

    Please listen...Here is the truth:

    DEMOCRATS are tied to the BANKERS, except Dennis Kuchinch.

    REPUBLICANS are tied to the COMPANIES AND COPORATIONS, except Ron Paul.

    One hand feeds another. This is their intended circle and why we have only two real choices in this country. "Polarize the people" is only part of the plan.

  • uaw wages are already cut and lost heath care at Delphi Auto ....Gm is next and then toyo and honda will cut wages to compete even though there selling cars but the japs will then lay off americans who work for them

  • I think Barack is sending a message that needed to be sent several years ago.

    In recent years we've seen the CEOs make obscene amounts, even when their companies were losing money.

    And an Exec at Exxon made more in 1 year than the combined salaries of about 20,000 other employees. This is way too much for 1 man..

    And if they stop paying these obscene amts it'll be good for shareholders as well.

  • How does someone that's been paid $60mil need a pension? The average Joe will not get a pension they way they are building up the debt.

    If a company goes to the government, which I think none of them should be allowed to do, then the govt gets to tell them what to do.

  • These are some good questions Cenk.  I don't think anyone's going to like the answers.

  • WHO THE HELL GAVE OBAMA THE RIGHT TO FIRE ANYONE IN ANY COMPANY. That is blatently unconstitutional. The constitution set down the jobs of the governing body, no where does it give the president the power to fire anyone in any company. Also, Preludedriver, Those documents can be faked in order to tell lies, Obama's birth Records have not been unsealed yet from Hawaii, so shut up,

  • If a company negotiates with a private investor, the investor can impose conditions. Thinks like: cut your workforce, reduce your expenses, higher a controller we trust etc. That's common practice, and the company can take it or leave it. The same applies when the company is asking the government to finance them.

  • "Hourly pay for assembly line workers tops out around $28; benefits add about $14. New hires at the Detroit Three get $14 an hour. There's no pension or health care when they retire, but benefits raise their total hourly compensation to $29 while they're working."

    Simply Hired rounds yearly salary off to 64k. a myriad of professions that require a college educationa re paid less.

  • Obama is in Wall Street's pocket. Is this a big surprise?

    Look at his advisors, they're all creatures of the financial sector. They will take care of their own.

  • he didn't "bitch slap" the CEOs on Wall Street because he (and every other politician) needs the campaign money from them.

    check out "economyincrisis" for more

  • Agreed. The GOP are idiots for supporting these foriegn wars.

  • He was born in Hawaii dumbass.

  • Born in Hawaii, United States.

    Do your research before you speak.

    Plus, this topic has been cleared during the election. Or were you paying attention.

  • No it was never cleared during the election. Where is his birth certificate? Why havnt we seen it yet? They are hiding something.

  • u ain't even seen bush's certificate u cunt, what fuckin' certificate u want?

  • But darkembassymusic , Bush is obviously American so I dont need to see his birth certificate. But Obama is..."exotic" if you will. He is black and his father was from Kenya, Africa...his mom was runnin' around the country here, so who really knows?

    I dont think Obama was born here.

  • He is a sleeper cell agent of Al Qaeda. He is going to bring the American government down.

    Actually,tThe Taleban just said they were going to attack washington. Obama is part of that plan.

  • Put down the crack pipe.

  • Fucking dumb shit.

  • God shut your fucking mouth with where the president was born already. There are copies of his birth certificate all over the internet to pacify racists like you. You're a fucking idiot if you've not found them yourself or ever referenced what it is to be a natrulized citizen versus a natural citizen. Way to jump on the paranoid bandwagon months too late, you fucking prick.

  • rgman268,

    are you a meth addict?? I hope you are talking like that, if you're not then you must be crazy.

  • Its yet another US conspiracy to you ain't it? Since they've been lacking press in the tabloids for all the fuckups by Bush, they decide they need a conspiracy. "Hey guys let's not tell the nation bout his birth certificate, we'll tell them bout it after he fixes the economy."

  • he was born in hawaii. you need to go take a govenment class before you speak. if your PARENT is American then you are american. its true. go read. Im an iraq war vet and i am udderly disqusted that i i fight for the freedom of some pigheaded Americans. if you dont like whats going on here try living like some of the ppl in Iraq or in third world countries and then see how good you"ve got it. or bettter yet come serve yourthen generate an opinion. Bottom line . this is your country. respect it!

  • No proof he was born in Hawaii. Why the libs refuse to give thisproof, must have something to do with he was not born there.

    Thank You for your service. I will not be serving however, in Bush's war. In fact I do not believe we should be in the mid east at all, as that is what cause 911 in the first place. Look up Ron Paul, or just read the 911 report. Our goverment gets us into these messes over and over. Obama is no different.

  • The Goverment is to blame...they made the Federal Reserve which should be abolished. It raises and lowers interest rates at will, creating inflationary bubbles. They over regulate by pushing banks to make bad loans to risky people. They create departments that do nothing and cost a ton. They finance this overseas empire we have that costs a trillion a year. Obama is no different. He puts more troops in Afghan, keeps 50,000 in Iraq, keeps troops in all the foriegn nations. Obama is the same old.

  • Someone needs to book Cenk on Real Time With Bill Maher. NOW.

  • fnLKZ nbzIDE D0Mu LOL VbLIl t00l roKEi

  • American power is falling quickly.

    Неплохо.

  • Most importantly, Obama won't be able to blame Bush any more. After a year, people aren't going to want to hear it, no matter how badly the Obama flunkies in the media demonize poor old and moronic Bush. Americans aren't going to want to hear about how bad Bush was (and God knows, that was bad enough.)

    They're going to be tired of waiting for "the Magic Negro" to save them, for the "Lightworker" to wave his magic wand and make it all go away, for Mack Daddy to kiss it better.

  • Remember, these aren't the tough and resilient Okies of the 1930s, the people our grandfathers and great-grandfathers were. These are spoiled rotten Americans of the present day. They have the intelligence of grapes, the attention spans of house flies, and the patience and self-discipline of four year-olds. And they are going to turn on that goddamned asshole and the central bankers who run him.

  • Vernlaw, you must follow the money son. If you are going to see this whole thing clearly you must follow the money and who controls it. When congress can be made to change laws so risky mortgage securities can be packaged like stocks and get AAA ratings and be sold like AAA rated securities bundled with GOOD securities, that was illegal a few years before, then you can see why the Auto industry gets pimp-slapped like a bitch. Not like they don't deserve it but it's the money son. Wall St. son!

  • Please learn econimics. Obama is killing us. Bush is not responsible for the meltdown...congress was. They pushed banks to make loans to people with no credit...plus the fed lowered interest rates. That mix caused the meltdown. Plus outsorcing our jobs (that is Bushs fault).

    Now Obama is creating money out of thin air thru the federal reserve, which will cause inflation and plunging us into debt like we have never seen. It is exactly the wrong course of action. same thing in the 1930's

  • Bush also got us involved in two wars that he could never give us a solid reason why - which also costs HUGE MONEY - thus paralyzing our economy even more.

    People forget that fact so easily.

  • Calimar, i'm sorry son you can't even spell economics(econimics) how the hell can you speak about it cogently. During big meltdowns and no demand from the private sector, the Govt steps in temporarily to create demand. This is 'economics' 101. Calimar you ultra conservs with high ignorance and little education have much to learn. Just look at that Bullshit Repub budget you monkeys put together! No the right man is in place now.

  • Not my repub monkeys, Im no fan of Bush or the last repub congress. They were not conservatives. They were neocons who "said" they were conservative. Ron Paul is a real conservative.

    Obama is an American, I conceed that. I am saying he was not born in this country. You can be an American and not born in the USA, if your mother is American which Obamas is. However, the constitution says that you must be a citizen AND you must be born in the USA. So Obama may not be the legal president.

  • calimar28,

    The Supreme Court of the United States of America says different than you. They say that he is P.O.T.U.S. Who am i to believe, you or the Supreme Court ? I think i will go with The Supreme Court on this one,.............ok!

    What a nutjob!

  • AND??? What is your point??? Is anyone going to remove Obama from office??? No, so it's a moot point and an example of mental masturbation, my friend....

  • Lobbyists and prior political contributions to both parties. That's the reason most Bank Execs are untouchable. Otherwise, you can kiss your vote goodbye.

  • My mistake, It was 78 per hour.

  • The oft-cited $70-an-hour wage and benefit figure for UAW workers inaccurately adds benefits that millions of retirees get to the pay of current workers, but divides the total only by current employees. That's like assuming you get your parents' retirement and Social Security benefits in addition to your own income.

  • Hourly pay for assembly line workers tops out around $28; benefits add about $14. New hires at the Detroit Three get $14 an hour. There's no pension or health care when they retire, but benefits raise their total hourly compensation to $29 while they're working.

  • The average salary for GM workers, plus benefits, was 74 dollars an hour as of last year. Yeah, poor workers.

    Want to know why Toyota is getting hit the least?

    NO LABOUR UNIONS!

  • Obama is going to tax ASPIRIN 96 percent. Because it's white and it works.

  • "no actually communism stand for a basic principle that everything in the country would be owned by everyone. Not a really practical idea though because of the greed of people."

    Or because it's one of many fatuous ideologies. Ideologies aren't compatible with reality. It destroys the concept of competition and altruism. Communist states end up with starved people and no food on the table. It doesn't promote growth of any kind and is just a stupid fantasy constructed Plato.

  • Agreed! Capitalism can fall into that category too! It is a better system and fits the real world better but the real world isn't one size fits all capitalism. Capitalism, like communism, or anyother ism, is a concept, an intellectual framework. The real world doesnt understand these concepts. It only understands action. sometimes you have to make it up as you go along.

  • It's foolish to trust a corrupt system like government. If you're a libertarian then you're cynical of the government. If you're a socialist then you're cynical of the people. The real entity that has altruistic and the capability to grow are the people themselves. Government is a monopoly and that is why it fails.

  • It's because from an operational standpoint the banks are profitable. If they get past this mess and assets cleaned out they'll be fine. Not so with GM. They have had bad earnings for years. And there might not ever be in good financial footing again

  • No car company is in a crisis . They got brainwashed by the fox news throwing a tantrum threatening they will make it worse.

  • Actually I do think they are in a crisis, but they did it to themselves. They stood firm on the idea that gas guzzlers would be the money makers for a long time to come. Reluctant to adopt to hybrids and alt-energy cars making they lost out big time and paid for it. 96 bucks a share is now 2 bucks a share. And still don't get it. It's a shame really.

  • are you like the same fashist younge turks in 1915 in turky the country ,that that they masecur 1.5 million Armenians. THE ARMENIAN GENECID if yes why dont you talk about your grand fathers mistaks.dont talk about American poletics.

  • Who the hell are you? And who cares what you have to say?

  • Wagoner didn't get the idea when he was asked to come up with a viable plan for GM and its future. Still in belief that there is no global warming threat; he demonstrated in his "plan proposal" that he would continue to manage GM in the same way as he always did. If the gov is going to bail out the company then there is good reason to keep track of where the money is going.

    GM came to the government not the other way around.

  • why do you chice this name for you program.thanks.

  • TheYoungTerrorists hahaha cleaver hahahaha. these little douches try and say whatever they need to get a few views on the internet. pathetic they got that whole stage and shit hahahahahahahahhhahhahahaha...­.

    LONG LIVE RUSH LIMBAUGH!!!

  • Most left-wing dingbats know that they're full of it and are deliberately lying and manipulating people, but the scary thing is this asshole seems to actually believe what he's saying.

  • Just heard a story on the radio. Lady said that during the election Michelle Obama wrote a $15,000 bad check at a high end clothing store owned by a former Tennessee Titan's wife. This thing might have legs.

  • Becuse Obamas administration ARE a bunch of bankers thats why!! Please watch :

    The Obama Deception

    Do your homework Obama is a puppet!

  • listening to alex jones doesnt count as homework

  • what the heck r u talkin about stop lying and s

  • if you had been alive a wile ago you would have been pervict for the fight against macarthy. in the red scare.

  • Why didnt he do it to bankers?

    I guess TYT are still in denial...

    Obama is a puppet of the banksters, The Rothschilds, Oppenheimers, Morgans, Schiffs are the puppetmasters...wake up and smell the garbage!

  • Obama=Puppet

  • GM makes cars. Not helping the banks will reduce GM's capacity to invest in better cars.

    Banks make loans to businesses for them to create wealth. GM doesn't create as much wealth as banks.

    GM is capable of desroying sections of the economy. Banks will destroy all the economy. That's why the banks get more help.

  • . 1 bank could affect like 100+ partner companies.

    Car companies have ties as well but not as many as banks.

    banks know they have more power in regards to bail outs.

    It's kind of hard for Obama to put that into words to the American people, that he's the banks bitch.... it's just how it is.

  • ILLUMINATI PROJECT

  • becuse Obamas administration ARE a bunch of bankers thats why!! Please watch :

    The Obama Deception

    Do your homework Obama is a puppet!

  • "The Obama Deception

    Do your homework"

    You do know that the EXACT same person who made "The Obama Deception" made a video in 2000 talking about how we'd become a police state and martial law would be enacted by the end of the year (the end of the year 2000)?

    For his evidence he showed a bunch of US National Guard troops with scary music in the background as they helped the police in a large operation.

  • Its very near. I think we will become a police state after the next "terrorist" attack, which will be a chemical/nuclear attack, which will be staged by our gov even though they blame terrorists *cough*cough* 9/11. Have you even watched the Obama Deception? And btw, that was a prediction not a statement by AJ.

  • shut up, you have no idea what you're saying.

  • you know your gonna die anyways why not stop living now??? stoopid argument your is

  • Id like to point to ur attention to even if he wasnt born here his mother is a deffinate national born citizen of the USA therefor by law he is a natural born citizen because of his mother. so please stfu whoever is sayin this bullshit

  • Comment removed

  • calimar28 stop wasting your time over that, that hope will never get over your stringy head.

  • I want to be a bankster when I grow up...

  • Wow, is there a dumber person leaving comments than than wbowens82? Really, TYT is pretending to be pro-American and they want to take over the country?

    You make Glenn Beck sound sane! Ok, not really, but close enough.

  • Yeah free public? have life you raciest piece of shit. This is America not your redneck heck town that you're living in. Everyone have the right to speak no matter what their race is. This is an AMERICAN talk show if you love it then listen and express your opinion with respect, especially when you're talking about the president.

  • The bankers own Obama, he is a puppet.

  • That's why he is "The Teleprompter of The United States"

  • Deport Obama!

    He is not American!

  • Reagan fired the air traffic controlers

  • Now Rick Wagoner knows what it feels like to be unemployed.

  • Because the bankers own Obama.

  • Cause GM is a product, Bank is a service. And banking service in US(east) is almost the same.

  • dude, im sorry but i cant say it in a different way but your ignorance akes me say: SHUT THE FuCK UP! you have no idea what the hell your talking about... they share they opinion because its a free country and they are actually intellegent and not corrupted like most media (FOX NEWS!!!!) so they can ask the right questions...

    and turkey is not a 3rd world country you idiot!!!

  • your jealous

  • Dude shut the fuck up. If you live in America get the hell out because you don't belong here to respect our president like that stupid Republic retard.

  • What? Respect our president? Hello moron this is a free republic. The president is not a dictator and does not warrant my respect. His daddy wasnt a slave, his mother wasnt black and I dont owe him shit. Keep the laughs coming.

  • Obama should have never been given the authority to fire the CEO of GM. This is the type of shit that dictators do. That is why government should never be allowed to bailout any free market company period. What does it matter? The CEO of GM got a 25 million dollar parachute anyway. Its not like he kicked him out on his ass. DOnt believe these idiots

  • If GM wants Gov't money, then they have to follow the rules BITCH...For all u ppl who voted Bush & Co. ENJOY YOU'RE RECESSION

  • Comrade Obama is nationalizing the auto industry.

  • The world needs elite vampire hunters.

  • like D?

  • I employ the term vampire metaphorically; the life sucking soulless bastards who scam the other 99% of society.

    So yea, I guess you can say that if you exclude the supernatural.

  • How the fuck can cutting someone's pay even be considered a good idea? It won't happen anyway....still the thought that people believe that is sick!

  • If you cut pay then you can hold onto more jobs.

  • I hope like hell you do not believe in that idea. They have contracts..they are entitled to what they get.

  • Its kind of a different situation. With the financials you want to make them look secure and steady as possible so trust can be created in the financial sector. With the automakers you want to shake up the archaic, old boy network and prod them into drastic action. This may sound apologetic to Obama but I believe it to be true.

  • Why would Obama be so hard on bankers but then hire someone like Jeffrey Immelt that has been ruining GE for almost a decade. It doesn't make any since.

  • Obama hasn't done the same thing to Banks, because he WORKS FOR THEM. Geitner, Paulson, Summers, Volkner; there all part of the Global Financial Oligarchy that is destroying what wealth the rest of the world still has.

  • You hit the nail right on the head.

    100% correct

  • I am answering everyone. My apologies for using the word Hate when it comes to Obama going to Europe. Let me just say he has less popularity there then he did when campaigning.

  • politics are the same everywere,i come from nigeria so i have first class knowledge of corruption.obama is inside a system that cannot be destroyed but rather,he has to cover up for those shadow mafia that caused the crisis.the hanger,the warnings,the outrage and the change of ceo wagner is all planned and staged for the puplic.

  • Hm, I think the western civilization has been a joke.

  • I like you.

  • The young turks are in bed with Obama.

  • Why doesn't Obama hold Unions accountable?

    They have not addressed the abuses or have not required the unions to reduce their outrageous budget. In my union they had a convention which cost all members 30 million, I wonder how much they spend on all of their conventions, officers pensions( in addition to the regular pensions), relatives jobs in cushy boards, I have not seen anybody address this issue!!

  • Obama is hated by the Europeans.

  • Europeans hate everything.

  • Europeans are not blinded.

  • And what magical things do Europeans see that intelligent Americans don't?

  • "And what magical things do Europeans see that intelligent Americans don't? "

    sense!

    lol joking

  • Im glad you're joking, i was scared for a minute :)

  • sorry, i just could let that one get away :)

  • Not true, most of us know that hate begets more hate.

  • Most people can see the court, politics, government is all a big lie. We truly are servants.

  • where do you get that from? :P

    im European and everyone i know is positive towards Obama (and really happy to be rid of bush and Lord Cheney)

    but a lot of people here are still kinda skeptical towards Americans in general these days and the arrogant "control the worldish" attitude :P

    you guys still have soldiers posted all over Europe from ww2, still don't know why, its like the french keeping soldiers in USA after helping you all in the revolution.

  • I think troops in Europe might have something to do with the Cold War. And the Cold War aint over, or at least there is something going down. U.S. troops surround Russian closer and closer since the Iron Curtain fell. Oh, and if the British Empire can control even a 3rd of the world, I think the U.S. stands a good shot... unless something prevents them. I think here Russia isnt gonna just let the U.S. and the West walk all over them.

  • its not like europe cant defend itself now, and the cold war is over here at least and we now both trade and cooperate with the Russians.

    they are getting more support and trust while America has turned more isolationist and messed up its reputation almost non-stop since Vietnam.

    a lot of things could easily stop America, there are simply too many of you to survive a sanction in the form of full trade stop.

  • While i agree with you on some things there, i do completely disagree with the america is becoming isolationist statement. If anything, we have been becoming less and less for the past 20 years. Considering were in a war in a completely foreign country half way across the world to "preserve peace" there, and if you say its to protect oil reserves, it's also applicable because that is to protect foreign trade. Also consider the HUGE amount of resources and even manufactured products we import.

  • = Obama is hated by the Europeans =

    No Bush was hated by the Europeans or well hated is a strong word but he wasent popular atleast. Obamas politics is much closer to Europes then the republicans. They did several polls before the election with questions like "Who would you rather see as president in the us" Obama got like 80-90% on the ones i saw atleast.

  • Why do you guys even Reply to PPL who make Dumb comments?

  • Politics - he had to look tough on something. I guess its easier to be tough on the auto-companies than banks. its a slight of hand really - i like obama but this whole bail out thing...hmmmmm...

  • The bills were introduced in the U.S. Senate by Phil Gramm (R-Texas) and in the U.S. House of Representatives by Jim Leach (R-Iowa). The third lawmaker associated with the bill was Rep. Thomas J. Bliley, Jr. (R-Virginia), Chairman of the House Commerce Committee from 1995 to 2001. On May 6, 1999, the Senate passed the bills by a 54-44 vote along party lines (53 Republicans and one Democrat in favor; 44 Democrats opposed

  • The Gramm-Leach-Bliley Act, also known as the Gramm-Leach-Bliley Financial Services Modernization Act, Pub.L. 106-102, 113 Stat. 1338, enacted November 12, 1999, is an Act of the 106th United States Congress which repealed part of the Glass-Steagall Act of 1933, opening up competition among banks, securities companies and insurance companies. The Glass-Steagall Act prohibited a bank from offering investment, commercial banking, and insurance services

  • Robert Gibbs cures my insomnia

    zzzzzzzzzzzzzz

  • Fuck obama

  • To the question of why fire the GM CEOs and not the banking CEOs. A possible response could be this;

    The issues that GM have are not systematic, they are results of specific issues with the GM company (compounded with the drop in demand - which is systematic).

    The issues affecting the banks, on the other hand, are caused by systematic factors, (factors affecting the entire financial industry) issues resulting from mistakes made in almost the entire industry.

  • i dont have anybody working or had work for GM.

    But if they take away GM workers pension, there should be a revolt because all the CEO and other bankers get their pay and bonus AND pension. and if the middle class gets screwed again. then thats the last straw !!! i dont care if its republicans pushing for this, Obama will lose my support if he takes the workers pension away from them.

  • The pensioners have to go,they're sucking the life out of the company

  • stop listening to fox, the ceo who just made 60 M for running the company to the ground isnt sucking the life out of the co. but the worker who is doing his job and making an extra 5000 ?????

    btw Polly wanna a cracker

  • Is this guy so stupid he doesn't understand the difference between letting the market "handle itself" vs the government bailing out a company and taking control of a business in a free market society?

  • When the f%^* are you people ever going to wake up? Let me learn you something...

    Ron Paul 2012

    Lesson over.

  • Ron Paul is awesome, but politicians have no technical skills, it's the monetary system that advocates scarcity, and that is the true source of the problem.

  • oh man, you Ron Paul people are even more persistent than the "palin for president people"!

    he might get some more votes if he becomes a little less anti sodomite, anti Semitic and way less racist.

    he said blacks down to the age of 13 should be prosecuted as adults because blacks are more "culpable and inclined towards violence", saying "most" blacks are "semi/completely criminal".

    he want the US out of the UN and NATO, he is a conspiracy nut and an isolationist and nationalist

    and more....

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  • Obama is my nigga

  • Also, at the end, Cenk asked why CEOs of other companies were not fired.

    I ahven't done research on the rest of them, but AIG has a new CEO, and most of the people that made the types of deals that sank the ship, are also gone.