Stephanie Miller On CNN's "Larry King Live" March 20, 2009 Part 2 of 2

[tigerone1970]

That little creep Tucker is more worried about 'socialism' than he is about the next Great Depression.

People could die because of these policies, and he does not give a damn.

[xdir]

Tucker is a douche, notice how he has suddenly embraced libertarianism after defending the bush administration for 8 years.

There should be a rule that anyone sharing a stage with Tucker to slap him.

[tigerone1970]

Republicans should stand in a corner and shut up for 40 years.

These scumbags are responsible for the very deregulation that made AIG 'too big to fail', and now they are harping about 'letting it fail' because it would be prudent.

These scumbags would rather see the American economy and society implode, than admit that their theories are rotten to the core.

[return135]

Deregulation?? How about looking at the Federal Reserve and Fannie/Freddie!

[tigerone1970]

The Federal Reserve is a privately owned company (I'm presuming that you're buying into Peter Schiff's claim that the Fed is 'the government'). And F/F did not cause this crisis. This goes back to Reaganomics - benefitting capital and undermining labor, which led to wage and income collapse as early as 1987. The Fed has kept interest rates artificially low since 1992, and this is the result. But it were deregulation, corporate raiding, union busting and offshoring that collapsed wages.

[return135]

The Fed was created by the government you moron. The government gave the Fed all of its powers. Also, f/f provided the moral hazard, allowing the companies to take on more risk.

[tigerone1970]

You are referring to the Federal Reserve Act of 1913 (you twit), and I am talking about ownership. As in who owns the shares to the Federal Reserve Bank.

And that is not 'the government'.

[return135]

That's rather irrelevant. The fact is the Fed distorts markets and is the cause of the boom bust cycle.