Obama doesn't know anything about economics or finance. He probably selected Geithner because Wall Streeters enthusiastically recommended him. Geithner isn't the whole problem. The Bush-Bernanke-Geithner-Obama policies are the problem. We need to stop subsidizing failing businesses. We need to stop printing money. We need to cut borrowing and spending.
How funny that things go in circles.. I used to support Schultz when he was anti-war... then when he supported Obama's foreign policy (which was is the exact same as GWBs) I disliked him.. now he is recognizing that Gheitner is a FED puppet and needs to be WTFPWND....
Geitner should resign or be fired. The problem is Obama and the rest of them are in bed with wall street to. That was awesome when the Chinese laughed at this duchebag when he was trying to tell them that the dollar was as sound as it has ever been. This guys a joke.
Keynesian Ed Schultz is using dumbshit Keynesian Brady to press home the idea that somehow Keynesian Obama is not to blame for the ongoing mess...and that it is Keynesian Geithner's fault. It's like a clown convention. Geithner being fired would be exactly what Obama would love...to "get rid of the bad apple", spend some more stimulus money/artificially boost GDP and get re-elected.
EVERYTHING we have been doing for decades has been all wrong. We're watching the end result of Keynesiansim.
Job creation is real simple. You gotta make us capital attractive. How do you do that? You cut spending so you can cut taxes, and you de-regulate. We've done it before. In a low-tax, low-regulation environment, capital is loaned out, and jobs are created that ARE productive --- Not government, unproductive jobs.
You know that is ironic. I had the same conversation with my father just the other day. We both agreed someone, someday, is going to have terminal cancer and go on a shooting spree of some of these CEO/bonus babies and then say "I did it for America" which will unleash a torrent
@:46 he said 'It is about time some buddy on Capital Hill spoke up about what is happening with your tax money..."
Most Independents and Rep have been screaming at the TV about the Stimulus, bail outs, and company take overs using our taxpayer's money since Feb 2009.
MSNBC and Ed are so political bias that they only take notice when a Dem speaks up.
Ed Schultz doesn't understand that if Geithner goes the Republicans claim victory and then begin to prevent any of the policies the left actually wants to see happen. It's a lose lose.
Ed is a snake. He is slime. Look at the treatment Peter Schiff received on this joke of a show.
...oh, and screw the big banks - they all deserve to fail. Capitalism works. Socialism doesn't. You can't switch sides when you happen to be in a deflationary bust after the boom and think everything will turn out okay.
America is no more. The country is run by a shadow government in the background. Obama is just the front man. A full collapse is coming. There is no way out of it.
OBAMA IS JUST AN ACTER.. THEY HAND HIM HIS LINES AND HE GOS OUT ON STAGE AND DELIVERS THEM...
TheSteve4200 1 year ago
NOt only should he be fired, He should be in jail... for life !
vince8520 2 years ago
Obama doesn't know anything about economics or finance. He probably selected Geithner because Wall Streeters enthusiastically recommended him. Geithner isn't the whole problem. The Bush-Bernanke-Geithner-Obama policies are the problem. We need to stop subsidizing failing businesses. We need to stop printing money. We need to cut borrowing and spending.
saturn5100 2 years ago
@saturn5100
They got Obama in because he is a very good speaker for the public. He only speaks out what the REAL criminals are telling him to say.
0Buzzard 1 year ago
@saturn5100 .... THATS CAUSE LIBERAL ECONOMICS IS DUMB ECONOMICS..
TheSteve4200 1 year ago
How funny that things go in circles.. I used to support Schultz when he was anti-war... then when he supported Obama's foreign policy (which was is the exact same as GWBs) I disliked him.. now he is recognizing that Gheitner is a FED puppet and needs to be WTFPWND....
Desnoxvu 2 years ago
I wish the same on you haha
gone556 2 years ago
Geitner should resign or be fired. The problem is Obama and the rest of them are in bed with wall street to. That was awesome when the Chinese laughed at this duchebag when he was trying to tell them that the dollar was as sound as it has ever been. This guys a joke.
gone556 2 years ago 3
Larry Summers needs to go too. Promote Romer and start over.
Zeldovich 2 years ago
Business interfering in government is the real problem; corporate America loves welfare handouts.
The cause of the debt is Corporate Welfare, and the main spongers of Corporate Welfare are the defence industry, the biggest parasites in the land.
The Pentagon has behaved in an utterly treasonous manner, deliberately wasting money to enrich the MIC.
The revolving door needs to be closed; bankers should be banned from serving in the Treasury; their are plenty of economists who can do the job.
Relugus 2 years ago
Keynesian Ed Schultz is using dumbshit Keynesian Brady to press home the idea that somehow Keynesian Obama is not to blame for the ongoing mess...and that it is Keynesian Geithner's fault. It's like a clown convention. Geithner being fired would be exactly what Obama would love...to "get rid of the bad apple", spend some more stimulus money/artificially boost GDP and get re-elected.
EVERYTHING we have been doing for decades has been all wrong. We're watching the end result of Keynesiansim.
seanannapolis 2 years ago
Job creation is real simple. You gotta make us capital attractive. How do you do that? You cut spending so you can cut taxes, and you de-regulate. We've done it before. In a low-tax, low-regulation environment, capital is loaned out, and jobs are created that ARE productive --- Not government, unproductive jobs.
dchoker000 2 years ago 3
If Americans do not get some satisfaction soon this will turn into a full blown civil war .
What Americans do not know is that there is 200 trillion in bad derivatives that they will come back time and again to get the tax payers to pay off.
Americans are going to suffer a 10 year depression while corrupt thieves make 1 million $ bonuses living high on the hog.
Americans are beginning to wake up .
dave777blaster 2 years ago
You know that is ironic. I had the same conversation with my father just the other day. We both agreed someone, someday, is going to have terminal cancer and go on a shooting spree of some of these CEO/bonus babies and then say "I did it for America" which will unleash a torrent
uk311420 2 years ago
Well, if anyone has to die in all this, let it be the bankers, insurers, and the politicians they're in bed with.
Zeldovich 2 years ago
Ed is a piece of trash. He should be put in prison with Geithner and all th eother players. END THE FED!!!
petiemac12 2 years ago
2:00
No One saved us from the economic collapse, we just prolonged it to a further date.
ScottcNehrer 2 years ago 8
What planet is Ed from?
@:46 he said 'It is about time some buddy on Capital Hill spoke up about what is happening with your tax money..."
Most Independents and Rep have been screaming at the TV about the Stimulus, bail outs, and company take overs using our taxpayer's money since Feb 2009.
MSNBC and Ed are so political bias that they only take notice when a Dem speaks up.
iamavet 2 years ago
Looks like the fight is on. No-one has dared to take on Geithner, he is Obama's msucle man. Now if only they can go after Rahm Emmanuel.
dangoat2009 2 years ago 2
forget about party politics the man is the wrong person for the job
jhunted7667 2 years ago 3
Ed Schultz doesn't understand that if Geithner goes the Republicans claim victory and then begin to prevent any of the policies the left actually wants to see happen. It's a lose lose.
rydmerlin 2 years ago
Ed is a snake. He is slime. Look at the treatment Peter Schiff received on this joke of a show.
...oh, and screw the big banks - they all deserve to fail. Capitalism works. Socialism doesn't. You can't switch sides when you happen to be in a deflationary bust after the boom and think everything will turn out okay.
chuska8383 2 years ago 4
he didn't even get a chance to talk hardly. Not really fair & balanced journalism.
toddw14 2 years ago
Goldman, BAC, ETC love Geithner and Believe he's done an Exceptional Job.
BringBackCapitalism 2 years ago 2
and what do you believe?
sportsfreak488 2 years ago
I believe in Ron Paul!
BringBackCapitalism 2 years ago 5
Good to hear. Me 2!
sportsfreak488 2 years ago
America is no more. The country is run by a shadow government in the background. Obama is just the front man. A full collapse is coming. There is no way out of it.
jove04 2 years ago 9
It seems that way to me as well. My wife on the other hand thinks things will get better and that I'm crazy.
BringBackCapitalism 2 years ago
Obama is porfectly complacent with the way things are going. He will never fire geithner, unless he needs him to be a fall guy.
SNIPERSTEVE420 2 years ago 3