John Boehner was right on in this speech. No matter what tea partiers believe. We had to act to make sure that the major banks didn't fail and that we wouldn't have so many people lose their pensions. Not doing so would have led to the economy complete croaking.
@GHFF77 ? Are you serious? You think bailing out AIG to cover credit default swaps (bets against the housing market) was a good investment for the American people? Do you realize that the top two recipients of the AIG bailout were foreign banks Societe Generale and Deutsche Bank followed by Goldman Sachs and Merrill Lynch. TO COVER CREDIT DEFAULT SWAPS. Do you even know what a credit default swap is?
I am as conservative as any of you. But can any of you honestly tell me the benefits of letting all the major banks in America fail at once? I din't think so. TARP cost about $100 billion and it saved us from another great depression. So don't pull this RINO crap.
@PizzaPizza33 Oh boy, how wrong you are. Benefits of letting major banks fail stops credit expansion, endless borrowing and most importantly corruption. These major banks were sitting on trillions of bad debt, guess what happened to that bad debt? Still on the books, covered up by TARP and Bernankes QE. Our banking system is even more fragile than it is today, but at great cost. TARP was mismanaged with billions lost in theft. AIG still owes billions as do the car companies.
The USA needs more health care reform. Dependance on banks that sell debt and a stock market that saps wealth off the backs of the working class is why what needs to be fixed can never be fixed. The system needs to be scrapped.
He doesn't know the difference between the Declaration of Independence and the Constitution. He is an idiot. Ivan (Eric Cantor) is the brain. I can’t wait for the Speaker to start speaking. He is the only guy on the Hill that can make Pelosi look like a genius! LMAO
is he crying again?
dodgerdynasty1988 1 week ago
same spill given on 7/30/2011 in maxing out another credit card ...
pbatusa 7 months ago
@GHFF77 Thank you for the kind words. As agreed, your check is in the mail. Love, Ben Bernanke
LibertarianBiker 7 months ago
John Boehner was right on in this speech. No matter what tea partiers believe. We had to act to make sure that the major banks didn't fail and that we wouldn't have so many people lose their pensions. Not doing so would have led to the economy complete croaking.
GHFF77 1 year ago
@GHFF77 ? Are you serious? You think bailing out AIG to cover credit default swaps (bets against the housing market) was a good investment for the American people? Do you realize that the top two recipients of the AIG bailout were foreign banks Societe Generale and Deutsche Bank followed by Goldman Sachs and Merrill Lynch. TO COVER CREDIT DEFAULT SWAPS. Do you even know what a credit default swap is?
jiveturkeyusa 7 months ago
RINO
hemna 1 year ago
this guy is a fucking idiot.
catobear1704 1 year ago
he is misinformed
poor old uninformed man
nottinmatterz2day 1 year ago
I am as conservative as any of you. But can any of you honestly tell me the benefits of letting all the major banks in America fail at once? I din't think so. TARP cost about $100 billion and it saved us from another great depression. So don't pull this RINO crap.
PizzaPizza33 1 year ago
@PizzaPizza33 Oh boy, how wrong you are. Benefits of letting major banks fail stops credit expansion, endless borrowing and most importantly corruption. These major banks were sitting on trillions of bad debt, guess what happened to that bad debt? Still on the books, covered up by TARP and Bernankes QE. Our banking system is even more fragile than it is today, but at great cost. TARP was mismanaged with billions lost in theft. AIG still owes billions as do the car companies.
arkadyka 1 year ago 2
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@PizzaPizza33 you don't know anything about economics. you dont know anything about free-market principles.
catobear1704 1 year ago
The USA needs more health care reform. Dependance on banks that sell debt and a stock market that saps wealth off the backs of the working class is why what needs to be fixed can never be fixed. The system needs to be scrapped.
shoobiedoobiedoowah 1 year ago
@shoobiedoobiedoowah What the fuck does that have to do with this video, nimrod?
savemyplaylist 1 year ago
How about dingbat Bachman.She believes in internet rumors.Very bright.
51disco 1 year ago
Yeah anything's better than Pelosi but this is especially insidious because he's supposed to be representing limited government and the constitution.
rgs11 1 year ago
@rgs11
He doesn't know the difference between the Declaration of Independence and the Constitution. He is an idiot. Ivan (Eric Cantor) is the brain. I can’t wait for the Speaker to start speaking. He is the only guy on the Hill that can make Pelosi look like a genius! LMAO
reytrapaet 1 year ago
We need to all call our Congressmen and demand someone else.
miivulosh 1 year ago 2
This guy should not be elected by the Republicans to be the Speaker. Boehner is not a Statesman. He would be a TERRIBLE spokesperson for the party.
mauibrad 1 year ago 5
He's still better than Pelosi!
dane7902 1 year ago
wow, this guy can cry on demand to try and get ppl to go his way....my girlfriend does that too
KartChampion 1 year ago
Of course the "GOP doesn't get it".
That's why they are among the targets of the TEA-Party.
RINO's and Moderates have to go too !!
quaffer22 1 year ago 5