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From: TheYoungTurks
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  • I couldn't care if he spent it on a pair of socks! The bailouts shouldn't have happened......PERIOD! If the government handed over a few billion to me, I'd probably do the same.

  • IGreat show yesterday. I just saw the latest episode online at lastnightstvshows (.) com

  • John Thain is morally bankrupt. If only the government would leave him completely bankrupt as well...and then force him out into the streets to be beaten within an inch of his life.

  • How the fuck do people piss away money like this? I make $150 last 6 months with no income.

  • so they give him the money and get pissed about the way he spends it, would have saved a lot of bitchen to not give them the money at all.

    oh wait that would be capitolism, right?

  • What people don't realize is this was NOT done w/ stimulus money.  In fact it stimulates the economy...you have to go pay a designer -who emploiys others- you have to go pay a decorator -who employs others- and then get workers out there and do it!

    It helps a lot of people.

  • @Anubis4815162342 it does not help a lot of people...it only helps a few which in turn that 1.2 million could have helped far more...

    what, u think that designer that got 800K was already poor? hell no

  • @jjpirate04 It is not the responsibility of any CEO to give there money to any one. Everyone has the right to spend there money however they want, as for the designer, if he can make 800K doing what he does, good for him. He is a nice quote that I think would be sutable here "I swear by my life, and my love of it, that I will never live for another mans sake, nor ask him to live for mine." (John Galt A.S.)

  • @Anubis4815162342

    Ayn Rand is a shitty author and her shitty books have nothing to do with the way these people are robbing the society blind. So stop acting like you're smarter and more well read and show some common sense yourself.

  • People who will not use their intelligence are no better than animals. Such people are beasts of burden and steaks on the table by choice and consent

    Consequently, in the interest of future world order, peace, and tranquility, it was decided to privately wage a quiet war against the American public with an ultimate objective of permanently shifting the natural and social energy (wealth) of the undisciplined & irresponsible many into the hands of the self-disciplined, responsible, and worthy few

  • IMMUNE??? you are insane. the wealthy and "CEO's" are the arteries of this economy. yet keep to punish them and there will be consequences

  • Dude you dont understand my post then... First of all economy is dependent on many things. You fail to understand that business are only successful if they sell their product/service. There is only about 5% of rich class out there, meaning those products/services are purchased by the 95% of upper, middle and poor class combined. If those 3 classes don't get their share of money those products/services will not be sold and more jobs will be lost. Domino effect.. Do yo Understand?

  • @pureaggression Heh, indeed there will be, some of these people should read Atlas Shrugged or maybe use some common sense.

  • You can get a deal with the limo company, pay a retainer and have it cost about the same as with a cab company.

  • This is why its a bad idea to go into ridiculously unimaginably large amounts of debt to give people money for sucking at running a business.

  • Take money from the competent & give to incompetent?

    Daschle, Killefer, & Geithner tax-cheats!; Berney Madoff fraud; Barney Frank was arrested for running a male prostitution ring from his own house when he was supposed to have oversight of Freddie Mack; Sen Dodd for mortgage fraud; US Trade Rep Ron Kirk a tax cheat; etc

    Tax-exempt foundations are used to conceal and protect wealth from taxes, and to reward corrupt politicians who "went along."

    Is it now time American citizens break the law?

  • Well, the reason execs such as the one the video mentions can do stuff like that is because when Congress pass out the money, they made no rules on how that money had to be spent.

  • the inmates are running the asylum - bring back frontal lobotomies and electroshock & line up all the lying, thieving bastards! then pull out their fingernails & toenails & ship them to the poorest country in the world with a 1 way ticket, no identification and $5 bucks. Yeah, the slimeballs piss me off.

  • You know your a douchebag when there are people starving, and you spend 1.2 million dollars for your office.

  • americans are greedy scum.

  • Isn't it fun to overgeneralize?

  • Goldman Sax! Ha! More Dirtbags!

  • i wanna be that guy's limo driver geeezz....

    These type of CEOs should be put in jail... they drive their companies to the ground stick out their socialist hand for a bailout to cover their losses and they use that money to to remodel their offices>!!?? wtf!

    The gov should've fired them take the company and get new CEOs that know what responsibility and decency means

  • Yeah give the company to the government, then we REALLY will have responsibility in management....

  • Nobody is saying give the company's to governments. Even though that might be necessary in some cases. But congress/president should add conditions onto these bailouts. Like replacing the CEO. Or they have to spend it on core business.

  • Public companies run by government is Fascism

  • When will all this insanity end? American people are truly suffering and this dude buys a $35,000 toilet.

  • I HATE THIS BS.

    Someone send this CEO in Siberia so he can get Tuberculosis, give him AIDS, so spend lots of money and help the medical sector... until his death. and help the economy

    5/5

  • If we could convince the Taliban to make John Thain their leader we wouldn't have to worry about the Taliban any more.

  • Haha i dont know...i dont think the taleban would be crazy either about a someone spending millions of dollars remodeling thier cave.

  • Sorry about the poor grammar in my previous post. I meant to say that I am for any bank or institution that takes bailout money to have a limit set on their ceos pay, that it be no more than our president's.

  • I am so for any bank or institution taking taxpayer bailout money should pay no ceo more than our president.

    There was a republican representative who tried to pass a great law a couple of years ago. It said any big raise or bonus paid to a ceo had to be voted on by the shareholders. Of course, the Republicans shot it down.

    These huge salaries don't attract the best talent, they attract the greediest people, not the smartest or most talented.

  • These people just don't get it. Marie Antoinette never really said "Let 'em eat cake", but she lost her head because of a malicious rumor that she said that. Imagine what might happen when people are starving and these jerkoffs are spending millions of taxpayers' dollars on garbage cans and antique commodes. Revolutions and reprisals happen for a reason.

  • why the fuck was fox news not reporting this instead of talking about rappers....this dude here need a tv show

  • that is because fox news is an idiot

  • They're going for CNN, look it up and help them on the way. Critical, funny AND relevant, we can't ask for more.

  • I stopped watching cable TV to get my anger and stress under control, I may have to stop watching youtube videos now as well. lol This is INSANE. These fatcat's spend like our politicians. And hey! It's also TAXPAYER money! I hope one day soon I read about a drive-by shooting that killed a bunch of CEO's instead of some students or children, that would put a smile on my face.

  • Is it time yet to roll out the guillotines?

  • Hmmm. John Thain felt the infrastructure at Meryll was too old so he simply stimulated it with a 21st century upgrade, which was what Obama is proposing in his economy recovery plan. So if people supports Obama's plan, then why should they have a problem with John Thain?

  • I hope that was a joke because it was funny.

  • I was being sarcastic. I just wanted point out the fallacy of "spending yourself out of trouble while being broke", which is what Obama's plan is.

    I have no problems handing out more food stamps, but more than that is wrong. The consumer-driven economy is dead, lots of people in the related field will lose jobs. Cannot prevent it. Economy will shift back to production again. It's a painful transition but Obama needs to lay off and let it be instead of messing it with futile stimulus plans.

  • How about this isn't about party alliance, it's about the friviliousness with which these greedy guys spend our hard working money, with no regard, and Congress doesn't require any accountability for the money either. Get a new congress.....already. These people need to be replaced....all of them they are all corrupt and find their jobs self serving.

  • I could buy a condo, get my student loans paid off, get a car ans still have enough spending money for nearly 3 years if I had 1.2 mil.

  • bailed out companies had donated over 30 million to obama's inaguration, now what do ya have to say?.he spent 6 times more than Bush did and all the dems cried how bad he overspent, get real, stop the lies and just get busy straightening this country out

  • 1. Cenk did a clip on which corporations donated to O's inauguration.

    2. Cenk also did a clip on how much the inauguration actually cost, and how the right wing talking point that it was the most expensive ever is pure and utter bullshit because they're comparing the events with and without security.

    So no, he did NOT spend "6 times more than Bush".

  • well then lets call the new york times, the christian daily monitor and the ap all liars they published the numbers, and the government's part was more than bush's total spent, guess you know more than everyone else?.its like public knowledge all over the news

    lmao paleeeeeeeezee

    like where did he get all that election money?.3 times more than anyone else in history.guess it just came from the working peeps 10-20 buck contributions right?.

  • How we about we do a little research before responding in such a cocky way and with poor grammar and punctuation? ;)

    Google this: Media Matters The AP concocts the cost of Obama's inauguration

    After you're done reading it all, you can either apologize OR write back something insulting and dismissive.

  • ok so your taking your numbers from george sorros'?.no wonder, try this deistrict of columbia moved 47 million, us gov added 15 million to the 20 million for security, and obama's campain reported 35 million , thats just the start, and yes those ARE facts that can be looked up, not some blog numbers by media matters,

  • lmao,check the facts, and in media matters he is counting the cost of every federal, state and government employee having that day off, which was already a day off, not claimed to be just for the sake of the president, and his source?, blogmonkey?.get real

  • Why should anyone trust someone who names random "facts" with no sources, especially when that person is too damn lazy to even capitalize his sentences?

    And why is Soros the bogeyman? Do you know how many MORE right wing crazies are rich and fund right wing propaganda and think tanks? Gee, how about Rupert Murdoch, or that guy who funds the Washington Times.

    Give me a break. And MM points out that the AP provided no tangible evidence to back up the "estimate". Also, there is inflation.

  • ONLY the middle class is being HYPNOTIZED into believing there's a recession. It's how these GLUTTONS can finance their PIGGERY. "Hey you citizens, tough times ahead for you, time for you to buckle down, time for you to go without."

  • No, don't believe that, seriously man, do you really believe a conspiracy like that is possible? There's too much transparency in the financial market for that.

  • Piko6262,

    Your sense of humour is, for lack of a better word, awesome. Would you ever consider stand up comedy?

  • Sarcasm suits you, but if you look at the numbers you can easily see that what this man says is impossible.

  • Piko,

    So Cenk, ABC, MSNBC and other news are making up the same story to bring down Thain of all people? Ah conspiracy at work. May I get you a tin foil hat sir?

  • Thain splurged on interior designs from the Obama's chosen White House decorator Michael Smith ($800,000), two area rugs ($131,000), two guest chairs ($87,000), a 19th Century credenza ($68,000), four pairs of curtains ($28,000), and a mahogany pedestal table ($25,000).

    six dining room chairs ($37,000), a George IV Desk ($18,000), a custom coffee table ($16,000), a sofa ($15,000), a chandelier ($13,000), a mirror ($5,000), six wall sconces ($2,700) a trash can for $1,400.

  • Why do people on these posts keep defending the undefendable, by bringing up our President's inauguration? Like this has ANYTHING to do with some CEO acting like a monarch from the 18th century? Are you insane? Really, because that is the only conculsion I can come up with...This type of piggery is the reason that your kids and grandkids will be paying for a Wall Street bailout for the next 100 years...WAKE UP! Your hatred of our President is old & sad, and your defense of the undefendable-MAD!

  • Obamas inauguration was 100 times that amount and people cheered him. Hypocrites.

  • 42million is the normal amount spent on inaugurations. that amount was given by the government. The rest of the inauguration was raised privately.

    Obama didnt spend tax payer money on excesss

  • "42million is the normal amount spent on inaugurations." And you don't see the problem with that?

    "Obama didnt spend tax payer money on excesss" The money was spent on a party during a deep recession. I know Obama is you Hitler and you must defend him at all cost but if he was change he wouldn't have allowed it.

  • Just say the real reason why you have an issue with Obama. Do not try to mask it behind this cost of the inauguration. I do not see you mentioning the fact that half of the stimulus money just completely vanished and no one can trace what the banks have actually done with it... Of course you would not, that has nothing to do with Obama so you cannot make him look back and thus it does not serve your purpose. At least be honest. You are anonymous after all.

  • "Just say the real reason why you have an issue with Obama" I did say my reason. What are you insinuating?

  • lukewarmstorm,

    Given that the man just came into office and you are saying he is the American Hitler, I am calling you a pea brained bigot/racist. You have no acts to judge him by since he just became the president thus you must be judging by some other factor related to appearance.

    The last time I checked, Hitler was killing an ethnic group en mass while Obama just signed for the closure of a torture prison. Please show me the similarities. I get the feeling you are a Limbaugh fan as well.

  • "I am calling you a pea brained bigot/racist"

    Racist? How am I racist?

    "You have no acts to judge him by since he just became the president"

    Voted for the Patriot Act, Wiretapping, supports killing people in afghan. bailouts I could keep going.

    "I get the feeling you are a Limbaugh fan as well" No I'm not.

  • You did not post regarding Bush and you have not compared him nor McCain to Hitler. You also failed to respond to the issue I raised with your comparison to Hitler. As I said before, just admit it. At least others express their simple hate behind the monitor but you compare the man to Hitler in an attempt to negatively stigmatize him. The media does the same with his wife by only focusing on her clothing and not on her character or accomplishments. People like you make me sick.

  • "You also failed to respond to the issue I raised with your comparison to Hitler." Did you read my previous comment? Patriot Act, wiretapping, illegal wars and invasions, corporatist all Hitler like.

    "You compare the man to Hitler in an attempt to negatively stigmatize him." And?

    "The media does the same with his wife by only focusing on her clothing and not on her character or accomplishments." What has she done except sit on Obamas dick.

  • lukewarmstorm,

    Ah, I hope you have black presidents for the next 32 years. It is fun to see bigots like you get angry. Exceptionally amusing when you deny it as well.

  • "It is fun to see bigots like you get angry."

    How am I a bigot? Because I don't worship Obama? Are you that brainwashed?

  • for those that don;t know what a commode on legs is, it is a chest of drawers.

  • Incredible .. Everyone please rate this as its gotta get seen ..

  • People like this CEO need to be publicly executed for the misappropriation of funds. There are people losing homes and struggling to find food on a daily basis yet this asshole takes the hard-earned dollars of taxpayers to furnish is office. Human greed at its finest. CEOs of financial companies and George Bush really did a number on this world and they get to walk away with impunity. Banks making loans to people they know cannot repay and a $12 billion a month war in Iraq. Enough is enough...

  • @CorbenikTheHarbinger really that is completely unreasonable I mean of course it is a misappropriation of funds and people are struggling to survive, however we can't go around executing people in the streets it is completely wrong and against the constitutionand besides "Darkness cannot be driven out by darkness only light, hate cannot be driven out by hate only love" - Martin Luther King, Jr

  • CEO's of private corporations believe they are gods. And why not, you have board members handing them millions in pay, bonuses, stock options, and retirement golden parachutes.

    Welcome to private industry, and you thought government was corrupt.

  • lmao, $1,000.00 on a gdamn garbage can WTF!

  • Don't forget decorate the executive office to the tune of the life savings of ten poor people.

  • a persian rug for HOW MUCH!?!

    christ...for that much you could hire actual persian People to lay on the ground so you could walk on them! ;^)

  • I'd do it for half that much.

  • LOLOL Very funny post.

  • Hysterical! You rock, Angelique!

  • a commode is a toilet. He spent more on a shitter than I make in a year!!!!

  • I hope someone sets his office on fire. I know arson is bad, but I think using 1.2 million of misappropriated money to remodel an office kind of cancels that out.

  • If you've watched this broadcast, the myth of the expense of the Inauguration has been blown.

    With security added in, the difference with the Bush inauguration may be in Obama's favor.

    Selective thinking rules the conservative.

  • and how would it be in Obama's favor?

  • Simple. The conservative press left the security estimates out of the cost of Bush's Inauguration, and included them in the Obama's. When they are factored in the results may be that Obama's was either slightly more or less than Bush. The final tally isn't in. Watch the video here at TYT

  • my parents just bought a HOUSE outside of chicago, IL for $84,000

  • can i see this office??????

  • tiny dick syndrome

  • OBama's current Economic stimulus could pay for 40,000,000 million jobs at 20000 dollars for a year.

    800 billion dollars should be just in a labor fund, allow the cities where the Auto industry is going to collapse and take those people, create jobs for the community, like road construction, community service work and the likes.

    But, I don't agree with any bailout, even of the people, But, if there has to be one, let it be for the people.

  • 61 people could have been paid 20,000 dollars for a whole year for 1.22 million dollars?

    If I was fired from that job, I would run into the guys office and steal his F'in rug and sale it. Or set it on fire. The fire would be more rewarding for me. THat is, IF he was in the office while it was on fire. ha

  • this is the kind of thing that PISSES ME OFF!!!!!

  • I wonder how many people have been turned to the cause by this story?

  • garbage cans are expensive...a good kitchen one can be 100 bucks!

  • did he have a tank with dolphins in it too

  • The rare endangered magical flying dolphin

  • I thought that designer shopped at target?

  • Hubris like this should be a capital offense. John Thain should be put to death.

    Until we erect the guillotines on Wall Street, our economy will never recover.

  • Agree 100%

  • all he needs is a freakin laptop, desk and a phone in his office.

  • How would you feel if you were one of the people who got fired by this guy because they needed to "cut back"?

  • Well, I could tell you how I would feel - but those idiots who got fired for cutbacks are probably STILL firm believers in capitalism. So, they get little sympathy from me.

    It's too bad that Americans have become such simpering, cowardly, followers. The American colonists, who had the guts to take on the British Empire, THOSE Americans would have cleaned things up a long time ago and reminded the gov't in no uncertain terms just what WE THE PEOPLE means.

  • Holy Shit Amen to that Brother, I agree 100%

  • well said

  • A commode is a drawer you can fold out into a desk. Was generally used to store quills and paper and such back when writing was something you did once a month.

  • It's these people's mindsets.....Detroit...Wallstr­eet...they really think nothing is wrong with it....they have been living like this for so long......not just living at a higher standard due to higher salary, but wasting money just to show off how much they have.....and you thought rapper videos were bad......

  • That Thane guy needs an ass-whoopin. He needs a black eye, broken jaw, lost teeth, cracked ribs, and broken shins.

  • 1.2 mil for a fuckin office? Man people are dying from hunger all over the world

  • I'm pretty sure nobody ever sat on these 87000$ chairs, especially no employees.

  • Maybe they are ejector chairs or drop the employees he fired into alligator pits.

  • Probably so. LOL

  • what a fuckin joke

  • WE NEED THE BATMAN

  • This is a mental sickness.  These people don't even know that they have problems.

    They need therapy, and to be robbed.

  • LOL.  "They need therapy, and to be robbed. " = best quote of the day.

  • very true, but its not robbery when youre taking back what was already yours

  • This does raise an interesting question, though.  If Obama used the same designer for the Oval Office, how much did the taxpayers just spend on Obama's garbage can?

  • 1400$ I guess.LOL

  • asked to leave? this man should be tried

  • i want to set up a meeting with this ceo, then piss on his rug and hed be all like "not on the rug,man"

  • Then you could say "Oh, sorry" and shit on his desk.

  • Who the fuck cares? Americans deserve everything that's happening to them. Half of them don't even give a shit anyway. This is the ONLY reason the elite are behaving like this. If yall can't see the truth then let me open up your eyes for you...THEIR GOING FOR BROKE NOW! THEY'VE GOT THEIR MASIONIC SAVIOUR IN THE WHITE HOUSE TO DISTRACT YOU WITH ALL OF HIS FANCY RHETORIC BUT IN THE END HE WILL BE NO BETTER THAN CLINTON AND THAT JUST AIN'T GONNA CUT IT IN 2009. A economic crash awaits you America.

  • That's just ridiculous. On the other hand, it makes Kempthorne's outrageous office expenditures look like a hobo's liquor bill.

  • That guy should be punished like in the old days: shackled, and subjected to rotten tomatoes and egs thrown by people who walk by. It could actually be a way to return some of the money he spent: set up a tent where you can buy old vegetables that would otherwise go to dump.

  • hey, he's just trying to stimulate the economy

  • hank paulson and john thain need to rot in prison... of course that will never happen... but is should.

  • yea yea yea and i use $100 bills to whipe the shit of my ass too mothafuckas......

    thats their attitudes, they dont give a fuck about us.

  • 87000 dollars for 2 chairs????

    Who is this guy? What kind of person comes into a company with moneyproblems and than waste all that money.

    He mustn't give a damn, what else can you make of it. He doesn't care if people lose their jobs, as long as he can sit his royal ass in a golden chair.

    Yeah and he probably got a bonus when he got fired, sick world we live in...

    They need to make him live like a bum on the street.

  • from 4:11 all the way to the end, Cenk would be a great Hollywood actor. LMAO

  • Amazing.

  • Asked to leave? I'd have KICKED his dumb ass right out the front door! I wonder what kind of golden parachute he managed to negotiate. That's the final blow.

  • That commode on legs looks like something an elderly person would use. How old is this CEO?

    And I wonder how much they paid someone to clean that shit out of that bucket....YET ANOTHER EXPENSE!

  • god this guy needs to go to an ikea or something

  • lolololoollolol comode on chairs lolololollo

  • what? you tryin' to tell me that i got ripped off buying this 50,000$ chair? i thought chairs just cost that much, i mean... i use it everyday : )

  • lmao:

    "you know what you put in a garbage can? .... *pause* *get closer to camera* ... GARBAGE!"

    I <3 Cenk!

  • True, pidjunk. You know what you put in a commode? get closer now...

  • I wanna see that trash can. I bet it's one of those little small ass trash cans that can't even hold two tissue papers without needing to be emptied.

  • These people just really don't care do they..

  • When are we going to start putting these fuckers in jail?!

  • sadly Spiritualist Atheist old son your NOT! remember these sods have all the money AND the power! (remeber the golden rule.. he who has the gold makes the rules)it is very rarely that one of them goes down for anything but once ina while it DOES happen! ask Conrad Black!

  • This is Capitalism at work!

  • Cenk, do you expect a person to spend $87.000.00 on pair of chairs and $5.00 on a garbage can?..

  • Nobody expects those pricks to pay 87K for chairs in the first place.

  • That's more than obvious, but since it's non the less obvious that person doesn't gives a jack what you expect of him and see him speding 87 grand on pair of chairs, nothing suprising about 1.4k garbage can.

  • lol google commode on chairs and look at the images. WOW.

  • I don't have any knowledge on any banking or economics but as an average person it seems like they all went in as CEO's and made the places go broke like it was a plan or something

  • In a theoretical: it would be interesting if the banks collapsed. Because we would have a chance to rebuild them from the ground up, and start the process over again... I.E. screw that, remove the monetary system and we'd be better off.

  • Give that man a pelt and a wineskin!

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