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P3T3RK3Y5 favorited a video
(1 week ago)
Watch the dolphins at SeaWorld Orlandos Dolphin Cove as they artfully cr...
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Watch the dolphins at SeaWorld Orlandos Dolphin Cove as they artfully create and play with underwater bubble rings and hear what SeaWorlds trainers, educators and guests have to say about this fun and fascinating behavior.
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P3T3RK3Y5 favorited a video
(1 week ago)
For Those Who Want To Know (more like get a taste of) The TRUTH..
I hope ...
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For Those Who Want To Know (more like get a taste of) The TRUTH..
I hope I don't get busted for this!!
Give me some time to upload the rest... one per day
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P3T3RK3Y5 favorited a video
(1 week ago)
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P3T3RK3Y5 favorited a video
(1 week ago)
From 60 Minutes:
Pelley: In 1999 you were one of the senators who helped ...
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From 60 Minutes:
Pelley: In 1999 you were one of the senators who helped pass deregulation of Wall Street. Do you regret that now?
McCain: No, I think the deregulation was probably helpful to the growth of our economy.
McCain has been an advocate of deregulation most of his career, but Thursday he endorsed the biggest bailout in history - a plan for the government to take on the bad debts of financial institutions.
"We're gonna take over these bad loans. We're gonna take over these bad - these bonds and we're gonna keep you alive. And we're gonna have the taxpayer help you out. But when the time comes and the economy recovers then anything that's gained back is gonna go to the taxpayers first. I'm not saying this isn't gonna be messy. And I'm not saying it isn't gonna be expensive. But we have to stop the bleeding," the senator said.
Pelley: But why would you let the Wall Street executives
McCain: I'm not.
Pelley: sail away on their yachts and leave this on the American taxpayer?
McCain: Well, it's not the greedy Wall Street people that I worry about, although I am, like most Americans, frankly, enraged. It's basically a Ponzi scheme, as you know, that sooner or later was gonna collapse. And I'd like to get that money back from them. But we've gotta fix the average citizen who's the innocent bystander that is in danger of losing their pensions, their 401(k)'s, their IRAs. Their very life savings are at risk here.
So McCain still thinks the deregulation that caused this mess was a good idea, and many of those on Wall Street have already walked off with those multi-million dollar bonuses.
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