Senator Jim Bunning Comments on Federal Bailout

[IReallyDoKnowBest]

This is a prime example of why old people should retire early because once the Alzheimers disease starts setting in they begin to act like this NUTCASE Bunnings

[Allamericom]

Impeach the 3rd world terrorist Obama

End the Fed and the inside 911's will end with them

States are dependent on the Union and need to Separate and become independent and self supporting

soviet UNION

federal UNION

european UNION

What is the common denominator? Separate them and live

Wake up America your under siege and don't even know it

[VanGoghsEar1890]

As a longtime baseball player myself, and a big fan of the game, I don't recall how many line drives this moron took to the forehead. Many I imagine...I would love to go back in time and watch Bob Gibson pitch to this guy. Four pitches, and four times Bunning would be picking himself off the dirt

[jordana8899]

Jim Fucking......!

[unelmitchell]

i really hope that i can make that senator jim bunning just got away. what an heartless asshole.

[STPdemon]

He isn't 'heartless.' He has a big enough heart to not want future generations to be saddled with an enormous debt. The corrupt Democrats in congress can use stimulus $ to pay for unemployment benefits, but they won't. They will just borrow more from China and get us into even more debt. Stop listening to the mainstream left-wing media. They are lying to you.

[unelmitchell]

he's a heartless bitch that have sold his soul just like all those evil republicans & conservative democrates. i hate republicans and conservatives from any party. because they are the ones that are messing it up for everyone. is seem like you should be listening to rightwinger news because they are know for lying. besides the point i am a independent. i hate republicans also more then the democates.but at least the dems speaks true facts. unlike the republicans always lying. bush borrowed more.

[arbutus1]

The republicans began this huge debt with the wars and the unfunded tax cuts. This spent untold amounts of money and still continues to drain us dry financially. Although they did this in the guise of USA security, it is clear those years under Bush made us more vulnerable. After all how secure can a country be once they become insolvent. And they think they are to be reelected to continue where they left off. Get real.

[enyawix]

I live in Kentucky I will campaign hard for who ever runs against Bunning.

[Mike20107]

lol, what makes me laugh is that Bunning will continue to hold back the American Progress. He is holding back to many things, also, he is just a dumbass, how can you like the retard?

[chromazar]

Bunning right on all accounts

[unelmitchell]

chromazar, you must be retarted or very clueless if you think that this asshole Bunning is right ! he is hurting the GOP very badly , Dude !!!

[chromazar]

Who cares if he hurts a political party he's doing the right thing for the country.

[unelmitchell]

bullshit he is also hurting millions of people with his unwise decision, with his personal greed with the lobbist. making them richer then ever. he is just only correct about not bailing out the banks. but everything else he stands from is hurting the working class people & small business owners.

[tapupartforpres]

This guy DID NOTHING to stop deregulation of mortgages.

The government has taken profits of about $1.4 billion on its investment in Goldman Sachs, $1.3 billion on Morgan Stanley and $414 million on American Express. The five other banks that repaid the government — Northern Trust, Bank of New York Mellon, State Street, U.S. Bancorp and BB&T — each brought in $100 million to $334 million in profit.

[ch1aka2]

Republicans are dumbasses. They reap what they sow and are hurt most by their own conservatism and leaders.

[TheFiremancarl]

The only thing this old cock sucker doesn't opposed is lining his fucking pockets.

[sciencemunk]

@TheFiremancarl doesn't sound to accurate since he's a Republican going against the establishment GOP's interests. In light of that Jim Bunning looks like a patriot here

[ERROLCUSTERFLYNN4EVR]

jim bunning is our ROBIN HOOD.

[unelmitchell]

he is very far from being a "ROBIN HOOD". Stealing from the poor and giving to the rich isn't the answer to anything, but making the Rich more richer and the poor even more poor. if you think that this man is a "ROBIN HOOD" you seriously need help and a heart. "party of family values ! " my ass !!! "the party of corperate america."

[clintnorthwoods]

Sen. Bunning was right again!

[clintnorthwoods]

Jim Bunning is right. the people that disagreed show what a bunch of lunatics they are by their writings.

[LibertyRice]

run rand run . com Money Bomb for Rand Paul on August 20th - let's raise a Million!

[Watermark0n]

This is "a financial socialism"!

God Republicans are stupid.

[caseypena420]

Agreed.

It's un-American of Bunning to oppose the status quo.

America LOVES socialism!!! YAY!!

It's kind of ironic America used to give socialists crap, and then, we become socialists.

[libertyeconomics]

Welcome to the USSA

[sogairborne]

For not supporting it?

[y2knoproblem]

Why do Republicans hate America so much? Somebody please tell me.

[riceowlex]

I'll tell you why they like the democrats are either themselves socialists or a just bought off. Try contacting your representative in Congress and getting a straight answer.

[pepsimannampepsi]

Does anybody know how many laws were broken during these bailout plans?

Paulson has no authority

[phrek75]

That little speech hit the nail.

[Uktopperfan]

Go Jim 2 no hitters BABY

[KentuckyLadyLiberty]

We love you, Senator Bunning!

[wiskawind]

"In recent weeks, Senate Republican leaders have walked right up to the edge of declaring open war on Bunning. Minority Leader (and fellow Kentucky senator) Mitch McConnell and others reportedly believe Bunning is likely to lose his reelection race in 2010, and so are trying to nudge him into retirement by sending signals that the party establishment will not back him."

Check it out!

[qzg1265]

Ron Paul and Jim Bunning. A ticket I would support.

[qzg1265]

I do not call myself a Republican but I challenge anyone to find a more honest voice in our entire Government. I wish there were more of you.

[mikeklamecki]

Sounds like Ron Paul.

[yboldt14]

RP, but I agree, sounds good, for what it's worth.

[Liberty4Ever]

Senator Bunning is my senator. I don't agree with him on every issue, he is exactly right on this.

The Fed has INTENTIONALLY created this problem to bilk taxpayers out of a trillion dollars or more. They're playing us for fools.

They're stealing a trillion dollars to prop up Wall Street to protect American's investments? Please. It's a transfer of wealth from us to them, and we'll pay twice, in future taxes and inflation.

I'm marching on The Fed in Louisville 22NOV08.

End The Fed!

[BASSGUY01]

Thank you Senator Bunning for speaking out.

Let's "End the Fed" on Nov. 22, 38 cities participating/protesting in front of Federal Reserve branches. We must rid the U.S of the central bank.

[MsLadyLiberty]

wake up america! The FED is a PRIVATE with their own interests and agenda.... They don't care about you!!!!!!!

[Jimraynor45]

actually, I think the fed isnt private, because private is good. Its a governemnt controlled entity that has been given a monopoly over our currency.

[smharmon1]

Wow, Paulson gives us some real choice: eat the debt or die. Talk about narrow thinking. This whole scenario is typical, like the one faced before the executioner: confess and die quickly, or resist and die slowly. There is no third choice. We must be bound by time and autocracy to agree quickly. Well, I watched almost 8 hours of the hearings today, and I have yet to hear, what exactly will happen if the Grand Plan (or Grand Extortion) is not approved. Well, I'm picking the alternative.

[NSResponder]

Paulson should not be mistake for a public servant of any kind. He is a Wall Street lifer, who made hundreds of millions of dollars running one of the banks that he now wants us to bail out. His stint as the treasury secretary is a very brief diversion in his real career.

The congress should not only deny his request, they should request a criminal investigation of his activities at Goldman Sachs.

-jcr

[cowbrown1]

Did anyone notice how the Media shills slyly flashed the dollar and market indexes as Bunning was talking?

Bunning is my Senator, and though I disagree with many of his positions, I applaud him on his stance here! Bravo! Our other Senator, Mitch McConnell, is a shill for the Wall street Socialists and ought to be parachuted into Afghanistan with a squirt gun for self-defense. If congress wants to give money, let them dig into their own (VERY deep) pockets. Stop picking ours!!!!!

[RonnieJamesreamer]

I'm glad he is asking some questions, my other representatives are too scared to put out a statement! Re-election year.

[jwilson770]

agree with garowen4ever I do...

[garyowen4ever]

except for bunning, sanders and ron paul, our senators and reps are all WALL ST WHORES, their personal fortunes are tied up in wall st. investments, so they will bail out wall st TO BAILOUT THEMSELVES, we must vote them out, if not put them in prison!

[djcinnamond]

I agree with Bunning...let capitalism work and those that acted irresponsibly pay, not those that played by the rules!

[ircjunk2004]

Bravo!

[JiveDadson]

He's wrong on several counts. The taxpayers will not bear the burden. Everyone will. (The dollar will crash.) We do not need to bail out reckless house buyers any more than we need to bail out reckless lenders. House prices need to fall to reasonable levels. They are not there yet. The amount that Paulson can spend is not limited to 700 billion. He can launder any amount through the slush fund

Don't get me wrong. The proposed bill could wreck the US. But this guy still doesn't understand why.

[soullfire]

I think you meant to say the taxpayers will not be the ONLY ones to bear the burden. Evidence of a weakened dollar was easily seen on Monday when oil jumped up $25 intraday on just the "threat" of the US getting so much additional debt.

You're right that Paulson would not be limited to spending just 700B -the legislation text says he can have 700B outstanding at any time..which means he can buy and sell using that amount numerous times and leave the taxpayer holding the tab for all the losses.

[JiveDadson]

I mean direct taxes will not pay for it. The direct taxes are already spent. The next place they get money is selling bonds to foreign central banks and such. That money will shrink. The next place they get it is from the Fed monetizing debt. ALL THE SPENDING INCREASES will be funded by monetizing debt through the Fed - in other words, through inflation.

The jump in oil also had to do with the futures contracts expiring yesterday. Short speculators, who had bet on a price decline, had to cover.

[sugargrandpa]

let it collapse. A throughout economic reconstruction

[wilsontt88]

Great... as if he had a better solution.

[soullfire]

The easiest solution is to just dump Wall Street's problems caused by their own greed and incompetence onto the backs taxpayers. Meanwhile when the times were good, they are not interested in giving us a cent.

I as a taxpayer, actually wish to see other solutions proposed then an 11th hour gun to the taxpayers heads.

[JiveDadson]

It won't affect what you pay in taxes. It will affect what your money will buy. Remember the Wiemar Republic, Yugoslavia (after Bush the Elder bailed it out!), and Zimbabwe. Care for a 10 billion dollar hamburger? Pay up front. It might be 20 billion by dinner time.

[Mrhuh]

Whay your money will buy is a kind of hidden tax when you have to pay more and more due to inflation.

[JiveDadson]

I know. I know. Inflation is a tax. See my video, "Hey, Ron Paul! You Have a Video Message."

[judoyodan]

He is correct.

This "bail out" is nothing more than a scare tactic, not unlike "muslim extremists", to get the public to give more of their money to the rich.

Wake up people.

If the system is so fragile, then it needs to collapse.

[unelmitchell]

you have hit it right on the nose, judoyodan !!! the best common i have read on here so far !!! other then my own . great job !!! and you are more then 100% right !!! its just all 1950's scare tactic. the republicans never base anything on logic just scare tactic, to fule what every there political motives is. with fear tactics,lies & conspiracy theories. if you look at rightwinger medias that all you are going to hear on a daily bases. with a twist a racism to fule up everything.

[judoyodan]

unelmitchell,

While what you say is true, in that it is often Republicans that get to power via the use of scare tactics, in this case it was a Republican that spoke the truth.

I had forgotten about Bunning making this statement. It does lend his recent actions a little more credibility though.