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John Cunningham Blasts Congressman Ed Markey Billionaire Bailout: Final Cut

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Uploaded by on Oct 8, 2008

Republican candidate for US Congress John Cunningham (MA 7th District) challenges Ed Markey to show the law that gives Congress the right to give taxpayer money to bail out private billionaire corporations.

http://johncunningham2008.com
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Uploader Comments (MikeCANN)

  • !everything will start getting expensive!

  • Or worse, everything will get really cheap but nobody will have cash to buy anything. Deflation. One or the other is coming. Deflation, total collapse, there's a limited amount of actual cash dollars on hand compared the debt owed or inflation through the roof. Heads or tails. Maybe one more big bubble if wall street gets it's way then the other.....

  • Time to start squirreling away?

  • Yes.

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  • Too late.... Already 130 billion has disappeared into various bailout schemes, including money that AIG spent to send their salespeople on a $400,000 retreat, the money being thrown at bank stock purchases, the CEO money-grab getting underway, and soon the auto industry bailout. All wasted money when the real effect would be to empower the consumer to buy more, eliminate all corporate weklfare, institute a living wage and control prices through monitoring profiteering.

  • It is true, if the Treasury Department prints, lets say, $300,000,000,000, inflation will go sky high.

    I have a plan where they can get this money into circulation with no one knowing they have printed it. It's simple.

    The FBI finds 300 of the most trustworthy and dedicated Americans willing to make a tremendous sacrifice to do this project. I will be the first to step up to the plate.

    Give each of the 300 people $1,000,000,000 and ask them to spend it. Problem solved.

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