Secretary Geithner's Flip-Flop

[stealthpakfa]

american people dont deserve to know jack.

its got nothing to do with the american people.

a globalized world needs global rules and global systems in which a global currency is a central part.

[pokeinsider]

michelle bachman doesn't get it and michelle bachman looks out for the big oil and the coal industry Republicans got there shot at running the country look how that went and now is not the time to propose and amendment to balance the budget and lowering taxes raises the deficit

[Buckeyes1647]

Go take a close look at history, say the depression of 1920-1921. Oh, you've never heard of it? The government cut taxes and cut spending to reduce the debt of America and the economy recovered after a severe depression in just a year.

Bailouts and "stimulus" packages (both really money losing spending packages) don't increase the deficit?

[divine137]

What surprises me about Bachman and Palin is that they are a very rare type of "beautiful" and "ballsy" type of politician. Not too many "pretty" lawmakers/governors. Usually, the women in government look like boys with short hair and ugly faces...but not this one. Long beautiful hair with beautiful face...and KNOWS HER CONSTITUTION! Wooo Hooo!

[divine137]

I love Michele Bachman. We need to make sure she is in the 2012 Sarah Palin/Bobby Jindal or Alan Keyes Administration. She was a tax lawyer before being elected and re-elected as a Congresswoman. SHe's absolutely awesome!!!!! And fine.....:)

[SgtTravisBickle]

I didn't know she was a tax lawyer, thanks for the info!

[pokeinsider]

you and your market

[Buckeyes1647]

you and your central planning

btw central planning has never worked and yes a minimum wage and forcing fluorescent light bulbs does count as being called central planning since it is forcing something on an economy which would not support it otherwise.

[pokeinsider]

michelle makes me mad she voted against raising the minumum wage not going to 100% floruscent lightbulbs I wonder why ooo maybe because she is looking out for the natural gas and coal companys profits

[PizzaGod]

Minimum Wage should be $0, let the market pay what it will pay. We could have 100% employment if that were to happen. Oh, but I guess you don't want that.

As far as light bulbs, goes right up there with one of the dumbest things congress has done.

[Erazmus72]

PizzaGod is right. One, of many, references that explain this point of view is Economics in One Lesson by Henry Hazlitt.

[divine137]

This is true. minimum wage is a communistic/poor culture ideology. It goes against all free market. If u start a business and dont make money yet, u still have to pay someone a minimum wage? that's communism.

[jcwlhunt2]

pokeinsider. There is little I have seen more silly and evil than your comment. 1) Congress can't make legal laws about lightbulbs, 2) the minimum wage is well known to be bad for poor people and rich alike. You desperately need to start learning and reading and paying attention, instead of following stupid "feel-good" garbage mentalities that you have herein professed. And absolutely DO NOT VOTE. It is clear that you have sacrificed your right to have any say over anything.

[Tupeloflower]

Yes -We do need more in congress like Michelle that do put  tough questions of the socialist ,Jack Asses.

[divine137]

Yes, this also shows and makes a Jack Ass of MSNBC who did nothing but smear her throughout the elections. She won anyway...LOL. Nobody but perverted homosexual Hollywood producers watch MSNBC, thank God. Go truth!

[VarialProductions]

do you have to add the low-class homophobia in with what would had otherwise be an unobjectionable political statement???

[Auggie56]

Keep up the pressure Michelle.

[hiredgoons10]

Wow Lou must be getting to old to hear. What tim is talking about in the first clip is gradually moving the worlds reserve currency to a money other than the dollar. That is not the same as establishing a new global currency, and wouldn't have anywhere close to the same economic impact. Stop the spin.

[gotveggieoil]

Nice try, but he did flip flop on the issue. There was no confusion by Lou Dobbs....Stop trying to cover for the commies and the oligarchs from the NWO whose boots you can't seem to like fast enough...I PITY YOU!

[PizzaGod]

In both cases, Tim was asked and spoke on what both China and Russia have proposed. Replacing the American Dollar with a Global Currency as the reserve currency.

The actions taken by the FED, The US Treasury and the Obama Administration are undermining the American Dollar to the point these other countries are going to do this weather we favor it or not.

IF this does happen, it will be the end of the Dollar and probably America as we know it.