In Orwell's 1984, there was a new type of speech championed by the government of Oceania called "Duckspeak." Duckspeak is speaking without thinking, e.g. the quaking of a duck with the sound disassociated with any rational thought. The Republicans are championing a new kind of speech, "Cuntspeak". In Cuntspeak, the speaker says whatever makes them seem like in incredibly stupid cunt. Joe Walsh is a perfect example of a speaker of Cuntspeak.
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I've lived in America all my life except when over seas with the military and I never remember the US Government "demanding" all Americans should own their own home. This guy is just another crazy right wing nut. As a matter of fact we have less home ownership than many in the OECD. Fact's and Republicans, they just don't go together.
I'm sure the fact that private mortgages were more likely than Fannie/Freddie ones to be suprime is completely irrelevant to him. Can't let facts get in the way.
uh, this is a private bar and grill you pretentious dumbass, this isn't your freakin living room. you are gonna ask ME to leave? well, you go ahead and ask, and i'll tell you what you can shove up your ask.
uh, this is a private bar and grill you pretentious dumbass, this isn't your freakin living room. you are gonna ask ME to leave? well, you go ahead and ask, and i'll tell you what you can shove up your ask.
The douchebag needs to remember that he's talking to his constituents... the people who elected him, and the people who can vote his ass right out of office. He is elected to represent his constituents, not his personal beliefs.
Hopefully in the next election the people ask you to leave you arrogant prick. I wish I was there. I would of told him to go fuck himself. He thinks he is a real tough guy goin around threatining to punch people in the face.
This guy is a fuckn lunatic phony. His first name isn't even Joe. He uses that name because its very reconizable. The real Joe Walsh should kick his ass.
that does not allow anyone to run for public office if they are in child support of 10k. Now, if all of this is true, his integrity sucks and he will lose in the 2012 elections.
I'm watching this joke on MSNBC right now January 24, 2012 @ 1205pm pst. He got put on the spot big time about oweing over 100k in child support. He also sponsored a Bill in Illinois
I've worked in banking for ten years, and this guy is full of crap. The banks made bad loans and speculated and it was NOT due to the government MAKING them make bad loans. He's a typical Tea Bagging blow hard. And who does he think he is yelling at constiuents? He works for them.
I'm sure he handpicked this bar to be able to throw this tantrum.He should have went to michidan or pensylvania.I think he would have swallowed a bottle.
The banking failure is totally under the Republicans watch, They can say what they want to say about Clinton, but Bush himself said the he wanted every American to own their own home. So he and the republicans deregulated the banks and that was that. Everything that could be done to destroy this country, happened under the watch of the Republicans.
this guy Joe Walsh is an ignorant idiot.the banks lobbied congress for repeal the Glass-Steagal act which basically allowed these banks and mortgage brokers to leverage and give sub-prime loans without having enough capital to back up those loans if people defaulted that was what caused the housing bubble where they made a lot of money and needed bailouts when shyt hit the fan. to blame it on government shows how ignorant tea party people are. Gvt did not force any banks to give loans to anybody
@kn9ioutom That's not true. The stock market crash was a symptom of the recession; not the cause. It was government policies that created the mess especially with the Federal Reserve and it's loose monetary policy followed by a quick contraction of the money supply when it should have been gradual.
Yeah... I don't listen to people I'm supposed to represent either. I've found that's it's much easier to talk over them and just tell them what they think, then I can represent them perfectly because we think exactly alike! Or at least that's what I told them.
This, and this alone, should be enough to vote him out ... in fact, if it weren't such a big undertaking, to recall and remove him. This guy is not only a dead beat dad - life looser - he's freakn' psycho. Why didn't one of those there just punch him in his big mouth?
Take a DEEEEEPPPP breath, Walshy-boy....One...Two...Three.....
Poor baby, this is NOT gonna get him votes.
Some do Photo Ops...Some snorgle little babies...but this guy acts like said babies....he probably snorgles himself....Stay classy & professional, Joe. =P
This has nothing to do with Tea Party or Republicans, it has to do with Joe Walsh who I would suggest is, um, unstable. Don't make it political when it's only personal.
What we see here is the reason why conservative right wingers make very bad scientists and academics. Their theories can be utterly defeated with a mountain of evidence stacked against them, but will still pretend as though their shit does not stink and thereby double down an their already defeated nonsense, without even paying attention to their peers or the evidence. No wonder why morons on the right claim academia has a liberal bias, and so often that science is wrong despite all evidence.
Joe is clear thinking and can build a model. He has identified "Source" the people in the bar only repeat what mass media brainwashes them with. Maybe a bar is not the best venue.I could not take their mush minds either. I admire his perseverance. Maybe charts or a timeline would help.They don't get that the Congress forced banks to ease credit. The banks should have refused. Some banks did take it to the nth. The small banks who behaved are now paying higher FDIC insurance for those who played
@idesofmarchUNIAEA Hey, can you show me one single example of a bank being forced by the government to give a loan to someone who can not repay? No? I thought so. You are fantasising and its embarrasing to see you call those who are better informed than yourself for much minds. A big majority (80%) of those making the sub-prime morgages were part of the shaddow banking system, which is not regulated. So you must be a total fool to believe that propaganda about the banks being forced.
@jaxeedcom Google HUD 94-22. It was Clinton's "policy", not law, that put Carter's community development Act on steroids. Banks did however extend credit to speculators who perverted the market.I am well informed and stand by my statement. Do some research.I do not mean state media.You will not find data on % speculators.I wonder what prevents dear leader from publishing it. Mr Walsh needs to bring timelines and documents to these meetings of the hoi poloi or great unwashed.
I agree with the representative. The government put in all these incentives and we should have known people couldn't pay. It's the governments fault. And all these stimulus packages aren't doing is any favors. Yes people get hired in the PUBLIC SECTOR, not private where we need them. Then where do the jobs go when they run outta money? More layoffs, more problems. Conservatism works everytime it's tried. Never socialism
"Yeah, investment firms, banks,mortgage lenders, they should all be allowed to do ANYTHING THEY WANT because the "free market" IS PERFECT. It's this pesky government with all it's rules and laws and it's constitutional authority derived from the consent of the electorate that's messing everything up! Corporations and the elites who own them should be ABOVE THE LAW! That's what the tea party is ALL ABOUT! Because we love America and the constitution...wait...hold on...my brain hurts..."
What a fucking moron. This guy is dumber than a bag of hammers. He's probably so stupid he doesn't even know what Glass-Steagall was and how it facilitated the market that allowed for the creation of the mortgage backed structured products that initiated the meltdown. The idiot probably thinks that the meltdown would have happened without mortgage backed securities. You actually have to try to be this stupid.
All the GOP are like this and have his ideas. They all need to be voted out of every office in the land and are not even suited to run for dog catcher.
What idiots would ever vote for a Republican??? You'd have to be a total moron or a millionaire.
The owners of the restaurant should have thrown him out. Can you imagine what would happen to an average person behaving this way in a restaurant ? I wonder how many parents had to explain to their children that the angry man yelling in the other room was their US Representative who doesn't support his kids.
@MiHiVidz Wow. Are you done? I can wait. That's it? Really? OK, my turn. I don't really know anything about Joe Walsh. I commented on what he was saying to the people in the video and how the people in the video treated him. Beyond those things I mentioned, never really heard of the guy. That being so, how can I be a sockpuppet for him, genius? Thought isn't your strong point, huh? BTW, I don't even live in his state. Facts are stubborn things.
@MiHiVidz All jokes aside...can you do that? Anyways, re-read the previous post and bring something of value to the conversation. Otherwise, I am done, here.
Only uninformed tea party fools blame everything on their government while expecting nothing in the way of responsibility from the financial sector. Everything is simply the fault of big bad socialist government and all those icky deadbeats and minorities who got sub-prime loans. It's simplistic, hateful, and unAmerican, just like Joe Walsh himself.
Why wasn't he thrown out? Why didn't somebody just slam his psycho butt to the floor? How on God's earth can this guy be allowed to keep his job - by the way - Motor Mouth Joe ... pay your child support ... you are pissing me off.
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Joe Walsh presumes we're stupid enough to think that the Community Reinvestment Act (passed back in 1977) "forced" the banks to make bad loans. Why then, professor Walsh, did it take until about yr 2000 for the banks to START making all these bad loans? In 1999 the passage of Financial Services Modernization Act allowed banks to make a TON of money off bad loans, and sell off the risk to other suckers. Removal of regulations, not too much reg, caused the problem you blathering fool...
If you don't want to watch the video here's a synopsis:
Rep Joe Walsh is attempting to get his ignorant constituents to understand the FACT that for the last decade the government (Democrats AND Republicans) have been doing everything they can to get more and more people into homeownership--EVEN IF they COULDN'T AFFORD IT! And THAT caused the housing BUBBLE!
NOBODY remembers Sharpton & Jackson DEMANDING the government put pressure on banks to loan money to RISKY citizens?
Joe Walsh needs to be quiet or we're going to DEMAND that he LEAVE. Come to think of it, I think his opportunity to be quiet has passed. He will be tossed out. The pro-bank, pro-big business, and anti-regulation message has been debunked over and over again. It has been debunked by non political researchers who have clearly documented the cause and effect progression that lead to financial meltdown on a global scale. This guy would serve his true employers if we all just shut up!
can you realyy balme him? Look, liberals are insane...you can not talk sense to them and it s easy to loose your cool when trying to speak rationally to them... Joe makes sense here...but you libtards can not see it because your more focused on the fact thta he lost his cool...typical.
@AmericanMega2 Projecting much? Its literarly the polar opposite of what you here is claiming that is true. It is conservatives it is impossible to talk rationally with, as they are evading any facts you bring up simply to maintain a flawed argument, refusing to think in order to propound an opinion as if it is fact, even when the facts does not support them. And we do focus on topic as everyone here can see.
@AmericanMega2 -everything you say about libs they think about Cons.You can't talk sense to them, they r hypocrites,most economic strtaefies they tried have fail over and over, And yes the banks push mortgage loans to people who shouldn't have got -wonder why ,It wasn't the Gov't pushing that it was Wall Street GREED, they convinced many people they could afford home they shouldn't have been buying with ballon notes , Did the Gov't come up with that Idea .NO! Then they pressured Into these loans
The woman brought up a business practice that the banks are doing that screws over the consumer. This practice was a 600 billion dollar a year practice. All at the cost of the consumer by lying and betting against investors who don't know about this. Its tantamount to inside trading. And Walsh even admits its going on, but no, thats not a problem at all to him. The banks fucked over the little man, and he even admits to it.
Anyone supporting those who privatize earnings and socialize losses...comaplain about the lowest tax rates in 50 years...abused their own trickle down economics scheme by pocketing earnings instead of investing some back into their businesses...support war...well, you fools have no room to speak another word about where this country is going. You're representatives show exactly what your character judging skills are like....You will not be allowed to give away this land to the profiteers...
He's also a bully who has zero debating skills. He's so afraid the woman will intelligently counter his point that he keeps yelling over her so she never gets the chance.
I actually started to feel embarrassed for the constituents seated at the bar. You could tell they were uncomfortable during his little uptight, know-it-all tirade. Look at their facial expressions and body language. They were like: "Is this idiot for real?!"
Joe Walsh is a liar. In 2006 a bill was past to break the post office. There are two bills on the table today. The repubs bill will further take down the post office and the dem's bill will release them from having to fund pension for the next 75 yrs. in a 10 period. The post office has been putting 5billion in acct. since 2006. We see what the right is up to. They want to take down every Federal Agency & they will use dirty tactics to do it. FUCK Joe. He is a lying to the ppl. What a christian.
@nikkinew123 it is BECAUSE this country allows ABORTION that the POST OFFICE needs to GO DOWN. Postal workers distribute PRO-ABORTION mail and they have blood on their hands. Joe Walsh is a TRUE christian!!! Jesus would NEVER allow federal dollars to pay for baby killers!!!!
@bhu987us First of all the Post Office DOESN'T take federal money. Tax payers contribute NOTHING to the post office and even if they did, what does that have to do with abortions? You're reaching for reasons to justify a wrong that has been done to the 2nd biggest employer and biggest employer of Vets & disabled vets than any other company in the U.S. These ppl will lose their jobs and good benefits for no other reason than the desire to break the UNIONS. It has ZERO to do with abortions.
Otherwise why does he think he has any right to ask anyone to leave the premises.....That constituent seems polite & intelligent(more than I can say for Walsh).
Walsh just seems like a brainless arrogant windbag who's in politics because he can't succeed at anything else in life.
If you don't want to watch the video here's a synopsis:
Rep Joe Walsh's constituents make it clear to him that they don't blame the gov for everything and that they support common sense regulation of Wall St, which sends Joe into an abusive tantrum.
Walsh is reeling from a scandal regarding his failure to pay child support and he is starting to come unglued and direct his anger at his own constituents.
@butuh13 here is your synopsis you fraud. He is actually telling the truth, about massive government over-regulating the banks, the people and the country. You make me sick you fucking joke. You want more of Dodd Frank? you want more of that? which CAUSED THE SUB PRIME MORGATGE PROBLEM? it actually CAUSED the financial crash of 2007/2008.... dont you understand that?! it was the democrats FAULT! the henry paulsens and george bushes of the govt. are the blame as well! THERE ALL RATS!
@kykahl Uhmmm... so Dodd Frank caused the financial meltdown that happened before it was in effect? Wow, you just invented time travel and defeated your own argument telling the............truth??? Seriously though, facts matter, and when you cant identify such evident bullshit, be careful claiming you know the truth.
@kykahl Oh, ok. Dodd-Frank caused the financial crash of 2007/8, years before that legislation even existed. I get it... See, the thing about you right-wing kooks isn't that you have your facts wrong, it's that you are totally disconnected from 3 dimensional reality. I mean, you might just as well blame the financial collapse of 2007/8 on Bigfoot.
We deregulated financial firms and allowed them to create investment products out of risky mortgages. DEREGULATION made that possible, get it? Sheesh.
@kykahl Listen, you mouth breathing yokel, Dodd-Frank was enacted in June of 2010. It couldn't have caused anything back in 2007 because it didn't fucking exist. Maybe the legislation you mean is the Community Reinvestment Act, but that didn't even apply to the vast majority of subprime loans. Or maybe you think the big scary liberals have a time machine. Or maybe your just an idiot who can't get his talking points straight before he starts shitting out of his mouth.. Try reading.
I'm amazed at his complete lack of respect for the people who put him there. They should start a petition to recall him. What arrogance! and what a liar! and to boot he is a deadbeat dad too? Illinois: throw the scumbag out!
Here's an idea. Lets allow banks to create money from debt AKA thin air, charge interest on it and loan it to the govt. to spend on what ever the bank approves the loans for. Then get the people to pay the bank back by getting the govt. to tax the people for the the money they spent that they never should have had to begin with. OH YEAH, THATS WHAT THEY HAVE BEEN DOING.
Thanks JOE WALSH!!! Someone needed to tell the uneducated the truth & you did great!!! The truth hurts them & proof of it is you are catching so much flack for being RIGHT ON THE TARGET. The truth has no agenda, wtg!!!
@urbanpanhandler: So in your mind when someone gets flack for saying something idiotic, that proves them right. So when I say the moon is made out of cheese, the more people who tell me I'm crazy the more correct I am, and “POOF!” the moon is made of cheese. Wow! What kind of teabagger circular logic is that? How about deadbeat dad Walsh coming up with empirical proof to counter all the proof otherwise? Or you for that matter, rather than saying he’s right only because so many say he’s wrong.
@joebenevides There is nothing that I am stating that is an "opinion", or "in my mind". like you are insinuating. The facts are there for anyone to see clearly that YES government is what caused the financial crisis through their REGULATION of ordering banks to give loans to people that couldn't afford it. Nothing about Joe Walsh's personal life can change the facts of the financial crisis. They have nothing to do with each other & I can easily separate lies from truth. Can you?
@urbanpanhandler "I can easily separate lies from truth." You have proven that this statement of yours is false already in this thread. You are incapable of recognising the truth or seperating the lies. You even disregard the facts in order to maintain your opinion, which apparently you believe is not an opinion but a fact. That is quite a feat of intellectual dishonesty! Not only are you confused and misinformed. You have succeeded in convincing yourself of the exact opposite.
@jaxeedcom Jaxeedcom it is YOU who are serving SATAN! Urbanpanhandler is just voicing what Jesus would have said a thousand years ago 'Let the FREE MARKETS Reign!" Joe Walsh successfully derailed Obamacare and kicked out ALL the illegals in his district!!! God Bless America and Joe Walsh and Urbanpanhandler!!!!
@bhu987us he he.. your sarcasm is beautiful. Because how did Jesus feel about greed again? What did he do to the merchants? I'm not suggesting applying religious dogma to a political debate, but the irony is kind of stark.
@urbanpanhandler You could easily learn the truth. Just click your way over to the educational section of YouTube and search for 'banking systems', and watch some lectures regarding the shaddow banking system and the regular banking systems. Pay specific attention when they talk about regulation. Then apply this knowledge to who mainly supplied the sub-prime morgages, and you will see the truth as well as seperating the lies. But I'm guessing you probably are scared to do so...
@urbanpanhandler I work for a bank, and no one was "ordered" to give loans to anyone. Luckily my bank did not make predatory loans, but I have workmates who briefly worked for banks that did, and they they can tell you it was all out of greed. Government was at fault for lax oversight and deregulation, and that was it. Your Glennbeckian/Fox propaganda that banks were "ordered" to do anything is beyond insulting to the intelligence of the American people, because the evidence does not exist.
@joebenevides your right no one was FORCED to do anything however, the banks knew the bailouts were coming so they made risky loans, and it is still going on today!!
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This statement says, "my opinion is right, and yours is wrong." and "You will Respect my authori-tay!!" Walsh is done in politics. I don't want any Joe Walshes representing me, rather they get hit by a bus but cancer will likely get them, from the toxins they receive by lobbying to fight legislation on regulating.
Blaming the gov't when you KNOW that gov is people who are getting lobbied on by industry is the definition of DOUBLESPEAK.
@urbanpanhandler Yeah, the govt. allowed banks to "legally" counterfeit US dollars since 1913 so that the govt. could borrow and spend money it otherwise would not have. It's bad enough that our govt. "legallized" the creation of money from debt, but to allow a private company to do it so the govt. could borrow it at interest is down right crimminal and kick to the groin.
He may have been uncouth and uncivil in that response, but overall, he was 100% right! It’s not the market’s fault: it’s the government’s fault for meddling in the market! At this point, politicians blaming the free market for the crisis is like a little kid blaming an imaginary friend for a mess he made.
@BlameTheFirst There is no "free market". We would have to have sound money for a free market to even exist and right now we have a unelected, centrally controlled monetary system where bankers create money from thin air and hand it out to who they see as fit to borrow. To add insult to injury, the total debts to banks can never be paid off because the only money produced by banks is the money for the PRINCIPAL of each loan, yet the banks are "owed" PRINCIPAL + INTEREST.
Joe Walsh belongs in Congress as much as Glenn Beck does... they're both lunatics.
biggsterboy 20 hours ago
THis guy is full of it.
CarylDanyls 23 hours ago
that lad totally didnt listen
Bananahustla 1 week ago
Joe Walsh reminds me of Beavis from Beavis and Butthead. He seems hyperactive just like him, especially after his daily cup of coffee.
DontRepYourCity 1 week ago
This man ought not to be entrusted with anything.
Out of control and off the hook, idiot.
canard651 1 week ago 3
In Orwell's 1984, there was a new type of speech championed by the government of Oceania called "Duckspeak." Duckspeak is speaking without thinking, e.g. the quaking of a duck with the sound disassociated with any rational thought. The Republicans are championing a new kind of speech, "Cuntspeak". In Cuntspeak, the speaker says whatever makes them seem like in incredibly stupid cunt. Joe Walsh is a perfect example of a speaker of Cuntspeak.
MrBushlied 1 week ago
An asshole with a big mouth. I wonder if he ever paid his back child support? Maybe one of this pet banks will loan him the money to catch it up.
Katierose30 2 weeks ago 2
Are they seriously going to re-elect this clown?
seamoremonster 2 weeks ago
What a fool.
TheEloquentAndrew 2 weeks ago 2
sounds like every Ayn Rand fanatic ever
Tanksareforcowards 2 weeks ago 2
@Tanksareforcowards DUDE HE KNOWS WHAT HE'S TALKING ABOUT LOOK AT HIS BLUE COLLARED SHIRT HE'S WITH US GOVERNMENT IS THE PROBLEM
MezaseMaster 2 weeks ago
I don't like this guys tone.
Jsen111 2 weeks ago 2
If you want the solution to our economic and political problems visit my blog at winklepublishing.blogspot.com . A proposed United States Constitution is on display for the world to see. I am the drafter of this document. I own the copyright. If you want economic and political freedom, "it's in there!"
WinklePublishing 3 weeks ago
I've lived in America all my life except when over seas with the military and I never remember the US Government "demanding" all Americans should own their own home. This guy is just another crazy right wing nut. As a matter of fact we have less home ownership than many in the OECD. Fact's and Republicans, they just don't go together.
star50ify 3 weeks ago 2
I'm sure the fact that private mortgages were more likely than Fannie/Freddie ones to be suprime is completely irrelevant to him. Can't let facts get in the way.
longhornsandcowboys 1 month ago
WOW what a jackass
modernblacksmith 1 month ago
I share his frustration with people failing to listen and repeating the same fallacies over and over.
kkanya 1 month ago
@kkanya Well said.
tzimtzum1618 3 weeks ago
"Dont blame the bank"??? WTF! This guy is just like every other politician
. Its ALLL about him, never giving anyone a chance to counter. VOTE THIS GUY OUT!!!
likeabull1 1 month ago 2
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uh, this is a private bar and grill you pretentious dumbass, this isn't your freakin living room. you are gonna ask ME to leave? well, you go ahead and ask, and i'll tell you what you can shove up your ask.
flashoftruth 1 month ago
uh, this is a private bar and grill you pretentious dumbass, this isn't your freakin living room. you are gonna ask ME to leave? well, you go ahead and ask, and i'll tell you what you can shove up your ask.
flashoftruth 1 month ago
where is the free speech?
kolangiet1 1 month ago
The douchebag needs to remember that he's talking to his constituents... the people who elected him, and the people who can vote his ass right out of office. He is elected to represent his constituents, not his personal beliefs.
BlackValleyLLC 1 month ago
Hopefully in the next election the people ask you to leave you arrogant prick. I wish I was there. I would of told him to go fuck himself. He thinks he is a real tough guy goin around threatining to punch people in the face.
backroadjunkie 1 month ago
This guy is a fuckn lunatic phony. His first name isn't even Joe. He uses that name because its very reconizable. The real Joe Walsh should kick his ass.
backroadjunkie 1 month ago
that does not allow anyone to run for public office if they are in child support of 10k. Now, if all of this is true, his integrity sucks and he will lose in the 2012 elections.
WilliamHCarney 1 month ago
I'm watching this joke on MSNBC right now January 24, 2012 @ 1205pm pst. He got put on the spot big time about oweing over 100k in child support. He also sponsored a Bill in Illinois
WilliamHCarney 1 month ago
"I think you've had too much." LOL. How did this guy get elected in the first place?
improg 1 month ago
Joe Walsh, pay your child support you dead beat cunt!
MrBushlied 1 month ago
He is a real ass! I would have told him to fuck himself and pay his child support and walked out.
nikkinew123 1 month ago
DEAD BEAT DAD. PAY YOUR DAMN CHILD SUPPORT.
vwblade234 1 month ago
What a douchbag this idiot is. I can't figure out which he has more contempt for- the truth or his constituents.
butuh13 1 month ago
I've worked in banking for ten years, and this guy is full of crap. The banks made bad loans and speculated and it was NOT due to the government MAKING them make bad loans. He's a typical Tea Bagging blow hard. And who does he think he is yelling at constiuents? He works for them.
bopava 1 month ago
I would have been like Fuck you i'm not gonna leave. You think your shit because your in the race for President lol
Scottytohawty250 1 month ago
Tired of liars like this BS Artist, Imprison BANKERS. and THIS GUY.
TheShockmister 1 month ago
I'm sure he handpicked this bar to be able to throw this tantrum.He should have went to michidan or pensylvania.I think he would have swallowed a bottle.
dragszes 1 month ago
The banking failure is totally under the Republicans watch, They can say what they want to say about Clinton, but Bush himself said the he wanted every American to own their own home. So he and the republicans deregulated the banks and that was that. Everything that could be done to destroy this country, happened under the watch of the Republicans.
buddyboy138 2 months ago
There is only one solution to the economic problems. A Final Solution.
WaywardRemnant 2 months ago
this guy Joe Walsh is an ignorant idiot.the banks lobbied congress for repeal the Glass-Steagal act which basically allowed these banks and mortgage brokers to leverage and give sub-prime loans without having enough capital to back up those loans if people defaulted that was what caused the housing bubble where they made a lot of money and needed bailouts when shyt hit the fan. to blame it on government shows how ignorant tea party people are. Gvt did not force any banks to give loans to anybody
flintskull1 2 months ago 2
GOP DEREGULATION ALSO CAUSED 1929 CRASH !!!
kn9ioutom 2 months ago in playlist Favorite videos
@kn9ioutom That's not true. The stock market crash was a symptom of the recession; not the cause. It was government policies that created the mess especially with the Federal Reserve and it's loose monetary policy followed by a quick contraction of the money supply when it should have been gradual.
bcoop201 2 months ago
Joe, pay your child support.
withears 2 months ago
Yeah... I don't listen to people I'm supposed to represent either. I've found that's it's much easier to talk over them and just tell them what they think, then I can represent them perfectly because we think exactly alike! Or at least that's what I told them.
sdb56011 2 months ago
This, and this alone, should be enough to vote him out ... in fact, if it weren't such a big undertaking, to recall and remove him. This guy is not only a dead beat dad - life looser - he's freakn' psycho. Why didn't one of those there just punch him in his big mouth?
TheWandrinStar 2 months ago
its nice to no this boy won't be back .what a ass.
goodfriends5573 2 months ago
That is my piece of garbage congressperson. Thank god the guy is gone next time around.
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pmdillavou 3 months ago
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Take a DEEEEEPPPP breath, Walshy-boy....One...Two...Three.....
Poor baby, this is NOT gonna get him votes.
Some do Photo Ops...Some snorgle little babies...but this guy acts like said babies....he probably snorgles himself....Stay classy & professional, Joe. =P
SpukiTheLoveKitten75 3 months ago
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SpukiTheLoveKitten75 3 months ago
This has nothing to do with Tea Party or Republicans, it has to do with Joe Walsh who I would suggest is, um, unstable. Don't make it political when it's only personal.
TheNorge28 3 months ago
A mountain of evidence? Hmmm... Find me this mountain. If nothing else the guys passionate, and I like that
izuksammy 3 months ago
What we see here is the reason why conservative right wingers make very bad scientists and academics. Their theories can be utterly defeated with a mountain of evidence stacked against them, but will still pretend as though their shit does not stink and thereby double down an their already defeated nonsense, without even paying attention to their peers or the evidence. No wonder why morons on the right claim academia has a liberal bias, and so often that science is wrong despite all evidence.
jaxeedcom 3 months ago
This guy is an idiot. It was the banks and the government workin together that bought this country to it knees
onamoo06 3 months ago
wut a douche-bag
skhooll 3 months ago
holy fucking hell. nice way to talk to your constituents... you know, the people WHO PAY YOUR SALARY.
if this guy was my Rep I would kick him in his tiny little nuts. Go pay your child support, dickbreath
wvfii 3 months ago
@wvfii not to mention that salary is more than $170,000. He's my rep., but if I have any say next time around, he won't be coming back.
Motive11331 3 months ago
Walsh is a typical Republican.
They defend the rich, banks, and corporations at all costs.
canycme 3 months ago
"I NEED MORE COFFEE!!!" Lol!
cammichaels 3 months ago
Joe is clear thinking and can build a model. He has identified "Source" the people in the bar only repeat what mass media brainwashes them with. Maybe a bar is not the best venue.I could not take their mush minds either. I admire his perseverance. Maybe charts or a timeline would help.They don't get that the Congress forced banks to ease credit. The banks should have refused. Some banks did take it to the nth. The small banks who behaved are now paying higher FDIC insurance for those who played
idesofmarchUNIAEA 3 months ago
@idesofmarchUNIAEA Hey, can you show me one single example of a bank being forced by the government to give a loan to someone who can not repay? No? I thought so. You are fantasising and its embarrasing to see you call those who are better informed than yourself for much minds. A big majority (80%) of those making the sub-prime morgages were part of the shaddow banking system, which is not regulated. So you must be a total fool to believe that propaganda about the banks being forced.
jaxeedcom 3 months ago
@jaxeedcom Google HUD 94-22. It was Clinton's "policy", not law, that put Carter's community development Act on steroids. Banks did however extend credit to speculators who perverted the market.I am well informed and stand by my statement. Do some research.I do not mean state media.You will not find data on % speculators.I wonder what prevents dear leader from publishing it. Mr Walsh needs to bring timelines and documents to these meetings of the hoi poloi or great unwashed.
idesofmarchUNIAEA 2 months ago
BACHMAN CHRIST 2012
SHE WILL SAVE AMERICA AND TAKE YOU TO HEAVEN TBQH
britney1456789 3 months ago
@britney1456789 Cheney/Voldemort 2012
Stentor7 3 months ago
LOL
beanerz3882 3 months ago
I agree with the representative. The government put in all these incentives and we should have known people couldn't pay. It's the governments fault. And all these stimulus packages aren't doing is any favors. Yes people get hired in the PUBLIC SECTOR, not private where we need them. Then where do the jobs go when they run outta money? More layoffs, more problems. Conservatism works everytime it's tried. Never socialism
izuksammy 3 months ago
there goes his next term
headstrong440 3 months ago 2
This guy is in our goverment, shut the fuck up you asshole.
tradestaff 3 months ago
dumb fucking white trash Tea Partiers
nkelly1432 3 months ago
WALSH ON KOCH ROACH BROTHERS PAY ROLL ?
kn9ioutom 3 months ago in playlist kn9ioutom's favorites
teabbager innit, freedom of speech only if he does the speaking and you do the obeying and following, teabagger kind of democracy innit.
come elections stand up and elect an honest person, not that teabagger fascist cunt.
micoforion 3 months ago
This guy needs his clocked cleaned.
There is NOTHING more important than monetary (banking) reform...
He shouldn't even have been elected dog catcher.
OMFG!
bk4632 3 months ago
Hes lucky he didn't get that no respect showin mofo. get in my girls face for any reason we'll communicate physically
KCWhoa 3 months ago
Scum.
jik4446462 3 months ago
what a complete asshole.
Scientologee 3 months ago 2
FREE TRADE AND TRICKLE DOWN ECONOMICS ARE A GOP HOAX !!!
kn9ioutom 3 months ago in playlist kn9ioutom's favorites 13
Tea party product on display
dct4lif 3 months ago 16
Thank You ILL. For Joe Walsh. Exactly what I expected from people of ILL. to elect Company man.
binarykuki 3 months ago 4
"Yeah, investment firms, banks,mortgage lenders, they should all be allowed to do ANYTHING THEY WANT because the "free market" IS PERFECT. It's this pesky government with all it's rules and laws and it's constitutional authority derived from the consent of the electorate that's messing everything up! Corporations and the elites who own them should be ABOVE THE LAW! That's what the tea party is ALL ABOUT! Because we love America and the constitution...wait...hold on...my brain hurts..."
butuh13 3 months ago
very nice a stupid politician who does not listen to people.....3.
Falangeveneta 3 months ago
Typical Tea Party Republican ... a total fucking psycho. I also understand that this clown doesn't pay his child support.
TheTruthNow000 3 months ago
Is that THING a US Congressman????
opilandia 3 months ago
Has this bum paid his child support yet? He is real responsible with his finances....LOL
xpat73 3 months ago
@reddragon311 - Huh? I never said anything about how he got his job. What are you referring to? Or are you just some dumbass? Probably both.
kchauncey 3 months ago
REPUBLICON PLAN IS TO DESTROY THE ECONOMY ! THEN BLAME OBAMA 2012 !!!
kn9ioutom 3 months ago in playlist kn9ioutom's favorites
What a fucking moron. This guy is dumber than a bag of hammers. He's probably so stupid he doesn't even know what Glass-Steagall was and how it facilitated the market that allowed for the creation of the mortgage backed structured products that initiated the meltdown. The idiot probably thinks that the meltdown would have happened without mortgage backed securities. You actually have to try to be this stupid.
DagmarSLNY 3 months ago
All the GOP are like this and have his ideas. They all need to be voted out of every office in the land and are not even suited to run for dog catcher.
What idiots would ever vote for a Republican??? You'd have to be a total moron or a millionaire.
coltor9 3 months ago
Rep. Joe Walsh is part of the problem! so he believes the Federal Reserve is actually own the government HAHAHAHAHAHA
pchawk1 3 months ago 2
The owners of the restaurant should have thrown him out. Can you imagine what would happen to an average person behaving this way in a restaurant ? I wonder how many parents had to explain to their children that the angry man yelling in the other room was their US Representative who doesn't support his kids.
butuh13 3 months ago
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Conservative is CODE WORD for racist
Black Conservative is CODE WORD for uncle tom.
coltor9 3 months ago 2
@MiHiVidz Wow. Are you done? I can wait. That's it? Really? OK, my turn. I don't really know anything about Joe Walsh. I commented on what he was saying to the people in the video and how the people in the video treated him. Beyond those things I mentioned, never really heard of the guy. That being so, how can I be a sockpuppet for him, genius? Thought isn't your strong point, huh? BTW, I don't even live in his state. Facts are stubborn things.
scienceofthings 3 months ago
@scienceofthings It's even funnier when I'm reading that in your Rage Voice, Mister Walsh. LOL!
MiHiVidz 3 months ago
@MiHiVidz All jokes aside...can you do that? Anyways, re-read the previous post and bring something of value to the conversation. Otherwise, I am done, here.
scienceofthings 3 months ago
@scienceofthings You were done even before you started typing.
MiHiVidz 3 months ago
@MiHiVidz Just more clever nothings from you again. Read. Get smarter. Say something of substance.
scienceofthings 3 months ago
@scienceofthings That's all a goosestepping jackoff like you deserves.
MiHiVidz 3 months ago
You only need to shout when you're wrong.
"The private market didn't cause the crisis"
How condescending he must be to claim that the millions of people across the country are idiots when they know the "private market" IS the government
boleroinferno 3 months ago
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Only uninformed tea party fools blame everything on their government while expecting nothing in the way of responsibility from the financial sector. Everything is simply the fault of big bad socialist government and all those icky deadbeats and minorities who got sub-prime loans. It's simplistic, hateful, and unAmerican, just like Joe Walsh himself.
butuh13 3 months ago
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butuh13 3 months ago
This guy is a loser.
willdrake1 3 months ago
Why wasn't he thrown out? Why didn't somebody just slam his psycho butt to the floor? How on God's earth can this guy be allowed to keep his job - by the way - Motor Mouth Joe ... pay your child support ... you are pissing me off.
TheWandrinStar 3 months ago
He needs to grow up. 2 year olds masquerading as old men shouldn't be holding a political office.
akashibito 3 months ago
The bane of my existence, I agree with this guy but few people can express these correct Ideas well without pissing people off.
More sugar and less vinegar with the message.
ronwandell 3 months ago
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Watch MEN OF CONVENTION on youtube BEFORE IT'S BANNED in Syria, Yemen, Jordan, Egypt & France! This is a director's cut of 'Men of Convention' dedicated to the global uprisings against oppression 2011 - 2012 and beyond. It has been launched on Youtube for the first time on the significant date of 11/11/11. /watch?v=CB4anCnxobo Please tell your friends.
unseenocean 3 months ago
Joe Walsh presumes we're stupid enough to think that the Community Reinvestment Act (passed back in 1977) "forced" the banks to make bad loans. Why then, professor Walsh, did it take until about yr 2000 for the banks to START making all these bad loans? In 1999 the passage of Financial Services Modernization Act allowed banks to make a TON of money off bad loans, and sell off the risk to other suckers. Removal of regulations, not too much reg, caused the problem you blathering fool...
HarrrySpider 3 months ago 8
@HarrrySpider I don't agree with Walsh's display but you are incorrect. It was the government that caused the problem---not the lack of regulations.
bcoop201 2 months ago
"QUIIETT FOR A MINUTE! Or I'm gonna ask you to pay my child support."
thefiftyfootwoman 3 months ago
"Hey! I'm a VOTER! Aren't you supposed to lie to me, and kiss my butt?"
odubya23 3 months ago
I NEED MORE COFFEE!
Bmt0314 3 months ago
tragedy of the nation having this rude knuckle crack as a rep.
rymchu 3 months ago
If you don't want to watch the video here's a synopsis:
Rep Joe Walsh is attempting to get his ignorant constituents to understand the FACT that for the last decade the government (Democrats AND Republicans) have been doing everything they can to get more and more people into homeownership--EVEN IF they COULDN'T AFFORD IT! And THAT caused the housing BUBBLE!
NOBODY remembers Sharpton & Jackson DEMANDING the government put pressure on banks to loan money to RISKY citizens?
sgapplebee 3 months ago 2
Is dis nigga serious? Spiderman.jpeg
nagasako7 3 months ago
wow, what is with the right and psycho congressmen
kaleyalfredsen 3 months ago
Joe Walsh needs to be quiet or we're going to DEMAND that he LEAVE. Come to think of it, I think his opportunity to be quiet has passed. He will be tossed out. The pro-bank, pro-big business, and anti-regulation message has been debunked over and over again. It has been debunked by non political researchers who have clearly documented the cause and effect progression that lead to financial meltdown on a global scale. This guy would serve his true employers if we all just shut up!
nfaust1 3 months ago
can you realyy balme him? Look, liberals are insane...you can not talk sense to them and it s easy to loose your cool when trying to speak rationally to them... Joe makes sense here...but you libtards can not see it because your more focused on the fact thta he lost his cool...typical.
AmericanMega2 3 months ago
@AmericanMega2 Projecting much? Its literarly the polar opposite of what you here is claiming that is true. It is conservatives it is impossible to talk rationally with, as they are evading any facts you bring up simply to maintain a flawed argument, refusing to think in order to propound an opinion as if it is fact, even when the facts does not support them. And we do focus on topic as everyone here can see.
jaxeedcom 3 months ago
@AmericanMega2 -everything you say about libs they think about Cons.You can't talk sense to them, they r hypocrites,most economic strtaefies they tried have fail over and over, And yes the banks push mortgage loans to people who shouldn't have got -wonder why ,It wasn't the Gov't pushing that it was Wall Street GREED, they convinced many people they could afford home they shouldn't have been buying with ballon notes , Did the Gov't come up with that Idea .NO! Then they pressured Into these loans
keegan6868 3 months ago
@AmericanMega2 Do you have earplugs in or something?
The woman brought up a business practice that the banks are doing that screws over the consumer. This practice was a 600 billion dollar a year practice. All at the cost of the consumer by lying and betting against investors who don't know about this. Its tantamount to inside trading. And Walsh even admits its going on, but no, thats not a problem at all to him. The banks fucked over the little man, and he even admits to it.
SoldierOfBreath 3 months ago
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Soupflakez 3 months ago
You guys voted for him and now you got him.
aluisious 3 months ago
Anyone supporting those who privatize earnings and socialize losses...comaplain about the lowest tax rates in 50 years...abused their own trickle down economics scheme by pocketing earnings instead of investing some back into their businesses...support war...well, you fools have no room to speak another word about where this country is going. You're representatives show exactly what your character judging skills are like....You will not be allowed to give away this land to the profiteers...
Deciblaster 3 months ago
yeah i dont wont government involved with big biz, but i dont care if there are goldman sach guys in the white house?
krillin876 3 months ago
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This guy is a nut job!
LADudeCPP 3 months ago 2
@urbanpanhandler OH LiL chickenHawk, when are you going to learn, Boy!
xzulas 3 months ago
He's also a bully who has zero debating skills. He's so afraid the woman will intelligently counter his point that he keeps yelling over her so she never gets the chance.
Yrhp8268 3 months ago
What a MORON.
I actually started to feel embarrassed for the constituents seated at the bar. You could tell they were uncomfortable during his little uptight, know-it-all tirade. Look at their facial expressions and body language. They were like: "Is this idiot for real?!"
Yrhp8268 3 months ago 21
Joe Walsh is a liar. In 2006 a bill was past to break the post office. There are two bills on the table today. The repubs bill will further take down the post office and the dem's bill will release them from having to fund pension for the next 75 yrs. in a 10 period. The post office has been putting 5billion in acct. since 2006. We see what the right is up to. They want to take down every Federal Agency & they will use dirty tactics to do it. FUCK Joe. He is a lying to the ppl. What a christian.
nikkinew123 3 months ago 3
@nikkinew123 it is BECAUSE this country allows ABORTION that the POST OFFICE needs to GO DOWN. Postal workers distribute PRO-ABORTION mail and they have blood on their hands. Joe Walsh is a TRUE christian!!! Jesus would NEVER allow federal dollars to pay for baby killers!!!!
bhu987us 3 months ago
@bhu987us is this comment supposed to be joke?!
Deciblaster 3 months ago
@bhu987us First of all the Post Office DOESN'T take federal money. Tax payers contribute NOTHING to the post office and even if they did, what does that have to do with abortions? You're reaching for reasons to justify a wrong that has been done to the 2nd biggest employer and biggest employer of Vets & disabled vets than any other company in the U.S. These ppl will lose their jobs and good benefits for no other reason than the desire to break the UNIONS. It has ZERO to do with abortions.
nikkinew123 1 month ago
Joe Walsh is a TRUE Christian!!!! He speaks the truth! He does God's work! JESUS would never allow for more regulations in the free markets!!!!
bhu987us 3 months ago 2
Can someone help me out here?
Does Joe Walsh actually own "Uno Bar & Grill" ?
Otherwise why does he think he has any right to ask anyone to leave the premises.....That constituent seems polite & intelligent(more than I can say for Walsh).
Walsh just seems like a brainless arrogant windbag who's in politics because he can't succeed at anything else in life.
ggmorvaj 3 months ago 3
"YOU NEED TO LISTEN, OR I'M GONNA ASK YOU TO LEAVE!"
Aren't elected representatives supposed to listen to their constituents?
This video should be a wake up call. We'll all be screwed unless we do something about these ideological douche-bags.
RamziBBMatta 3 months ago 3
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RamziBBMatta 3 months ago
If you don't want to watch the video here's a synopsis:
Rep Joe Walsh's constituents make it clear to him that they don't blame the gov for everything and that they support common sense regulation of Wall St, which sends Joe into an abusive tantrum.
Walsh is reeling from a scandal regarding his failure to pay child support and he is starting to come unglued and direct his anger at his own constituents.
Funny, scary, pathetic...
butuh13 3 months ago 25
@butuh13 here is your synopsis you fraud. He is actually telling the truth, about massive government over-regulating the banks, the people and the country. You make me sick you fucking joke. You want more of Dodd Frank? you want more of that? which CAUSED THE SUB PRIME MORGATGE PROBLEM? it actually CAUSED the financial crash of 2007/2008.... dont you understand that?! it was the democrats FAULT! the henry paulsens and george bushes of the govt. are the blame as well! THERE ALL RATS!
kykahl 3 months ago
@kykahl Uhmmm... so Dodd Frank caused the financial meltdown that happened before it was in effect? Wow, you just invented time travel and defeated your own argument telling the............truth??? Seriously though, facts matter, and when you cant identify such evident bullshit, be careful claiming you know the truth.
jaxeedcom 3 months ago
@kykahl Oh, ok. Dodd-Frank caused the financial crash of 2007/8, years before that legislation even existed. I get it... See, the thing about you right-wing kooks isn't that you have your facts wrong, it's that you are totally disconnected from 3 dimensional reality. I mean, you might just as well blame the financial collapse of 2007/8 on Bigfoot.
We deregulated financial firms and allowed them to create investment products out of risky mortgages. DEREGULATION made that possible, get it? Sheesh.
butuh13 3 months ago 2
@kykahl Listen, you mouth breathing yokel, Dodd-Frank was enacted in June of 2010. It couldn't have caused anything back in 2007 because it didn't fucking exist. Maybe the legislation you mean is the Community Reinvestment Act, but that didn't even apply to the vast majority of subprime loans. Or maybe you think the big scary liberals have a time machine. Or maybe your just an idiot who can't get his talking points straight before he starts shitting out of his mouth.. Try reading.
butuh13 3 months ago
@kykahl Hey, you clueless dumbfuck, what happened to you? Are you trying to figure out when Dodd-Frank became law? Keep reading junior...
butuh13 3 months ago
So people of Illinois elected him? LOL I am glad I don't live in Illinois.
dmishra7 3 months ago
This guy needs to chill
pennjersey83 3 months ago
Get a grip Joe. The folks were asking you legit questions in calm voices.
Trapster99 3 months ago
Don't be a T-bagger
Loltochapel 3 months ago
Please don't hit me.
CPS123456 3 months ago
"quiet for a minute" Really? YOU'VE BEEN YELLING THE ENTIRE TIME YA DOOFUS.
tyu3456 3 months ago
Joe is correct. Could drop the yelling though.
9661GottaRun 3 months ago
F*ck Joe Walsh!
SpikeyJamez 3 months ago
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silverrain64 3 months ago
I'm amazed at his complete lack of respect for the people who put him there. They should start a petition to recall him. What arrogance! and what a liar! and to boot he is a deadbeat dad too? Illinois: throw the scumbag out!
27irishgirl 3 months ago 3
He's absolutely right.
bratlert 3 months ago
Here's an idea. Lets allow banks to create money from debt AKA thin air, charge interest on it and loan it to the govt. to spend on what ever the bank approves the loans for. Then get the people to pay the bank back by getting the govt. to tax the people for the the money they spent that they never should have had to begin with. OH YEAH, THATS WHAT THEY HAVE BEEN DOING.
dlucas90 3 months ago
Thanks JOE WALSH!!! Someone needed to tell the uneducated the truth & you did great!!! The truth hurts them & proof of it is you are catching so much flack for being RIGHT ON THE TARGET. The truth has no agenda, wtg!!!
urbanpanhandler 3 months ago
@urbanpanhandler: So in your mind when someone gets flack for saying something idiotic, that proves them right. So when I say the moon is made out of cheese, the more people who tell me I'm crazy the more correct I am, and “POOF!” the moon is made of cheese. Wow! What kind of teabagger circular logic is that? How about deadbeat dad Walsh coming up with empirical proof to counter all the proof otherwise? Or you for that matter, rather than saying he’s right only because so many say he’s wrong.
joebenevides 3 months ago
@joebenevides There is nothing that I am stating that is an "opinion", or "in my mind". like you are insinuating. The facts are there for anyone to see clearly that YES government is what caused the financial crisis through their REGULATION of ordering banks to give loans to people that couldn't afford it. Nothing about Joe Walsh's personal life can change the facts of the financial crisis. They have nothing to do with each other & I can easily separate lies from truth. Can you?
urbanpanhandler 3 months ago
@urbanpanhandler "I can easily separate lies from truth." You have proven that this statement of yours is false already in this thread. You are incapable of recognising the truth or seperating the lies. You even disregard the facts in order to maintain your opinion, which apparently you believe is not an opinion but a fact. That is quite a feat of intellectual dishonesty! Not only are you confused and misinformed. You have succeeded in convincing yourself of the exact opposite.
jaxeedcom 3 months ago
@jaxeedcom Jaxeedcom it is YOU who are serving SATAN! Urbanpanhandler is just voicing what Jesus would have said a thousand years ago 'Let the FREE MARKETS Reign!" Joe Walsh successfully derailed Obamacare and kicked out ALL the illegals in his district!!! God Bless America and Joe Walsh and Urbanpanhandler!!!!
bhu987us 3 months ago
@bhu987us he he.. your sarcasm is beautiful. Because how did Jesus feel about greed again? What did he do to the merchants? I'm not suggesting applying religious dogma to a political debate, but the irony is kind of stark.
jaxeedcom 3 months ago
@urbanpanhandler You could easily learn the truth. Just click your way over to the educational section of YouTube and search for 'banking systems', and watch some lectures regarding the shaddow banking system and the regular banking systems. Pay specific attention when they talk about regulation. Then apply this knowledge to who mainly supplied the sub-prime morgages, and you will see the truth as well as seperating the lies. But I'm guessing you probably are scared to do so...
jaxeedcom 3 months ago
@urbanpanhandler I work for a bank, and no one was "ordered" to give loans to anyone. Luckily my bank did not make predatory loans, but I have workmates who briefly worked for banks that did, and they they can tell you it was all out of greed. Government was at fault for lax oversight and deregulation, and that was it. Your Glennbeckian/Fox propaganda that banks were "ordered" to do anything is beyond insulting to the intelligence of the American people, because the evidence does not exist.
joebenevides 3 months ago 2
@joebenevides your right no one was FORCED to do anything however, the banks knew the bailouts were coming so they made risky loans, and it is still going on today!!
krillin876 3 months ago
I don't know if the problem is with the banks or the govt. so lets blow them both up just to be sure.
dlucas90 3 months ago
Since when did an employee (or is it a wannabe an employee) give orders to his employer(s)? This is what America has become!?
catsspat 3 months ago
negutron 3 months ago
"QUIET! Listen or I'm going to ask you to leave."
This statement says, "my opinion is right, and yours is wrong." and "You will Respect my authori-tay!!" Walsh is done in politics. I don't want any Joe Walshes representing me, rather they get hit by a bus but cancer will likely get them, from the toxins they receive by lobbying to fight legislation on regulating.
Blaming the gov't when you KNOW that gov is people who are getting lobbied on by industry is the definition of DOUBLESPEAK.
negutron 3 months ago
@negutron The government set the laws that brought this on in the first place. That is not double speak.
urbanpanhandler 3 months ago
@urbanpanhandler Yeah, the govt. allowed banks to "legally" counterfeit US dollars since 1913 so that the govt. could borrow and spend money it otherwise would not have. It's bad enough that our govt. "legallized" the creation of money from debt, but to allow a private company to do it so the govt. could borrow it at interest is down right crimminal and kick to the groin.
dlucas90 3 months ago
He may have been uncouth and uncivil in that response, but overall, he was 100% right! It’s not the market’s fault: it’s the government’s fault for meddling in the market! At this point, politicians blaming the free market for the crisis is like a little kid blaming an imaginary friend for a mess he made.
BlameTheFirst 3 months ago
@BlameTheFirst There is no "free market". We would have to have sound money for a free market to even exist and right now we have a unelected, centrally controlled monetary system where bankers create money from thin air and hand it out to who they see as fit to borrow. To add insult to injury, the total debts to banks can never be paid off because the only money produced by banks is the money for the PRINCIPAL of each loan, yet the banks are "owed" PRINCIPAL + INTEREST.
dlucas90 3 months ago
@dlucas90 You are correct. There is no "free market" thanks to cronyism to the tenth degree from the Politici