Peter Schiff Nov 12 Lou Dobbs CNN - Bailout Frenzy

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Uploaded by on Nov 14, 2008

When does this madness stop? Schiff says we'll go off the cliff if we continue. Who can blame him?

Cities are even lining up for some of this easy TARP cash. The number of companies begging at the Fed is getting impossible to serve.

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  • Wow, those idiots in Washington wants to spend their way out of debt and print their way out of an inflation.

    Maybe I should "beer" my way into soberness.

    Economics FAIL.

  • When will the government get rid of all this pretense of having to "work" for a living and just send us all monthly ration cards while we sit on our asses smoking weed, watching tv, and fucking like bonobos all day?

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  • They're not lending that money 'cause they know that they're only at the tip of the iceberg when it comes to credit card defaults and mortgage defaults.  Commercial Real Estate Defaults have just begun with the failure of General Growth Properties.. A mere 25 Billion in debt.. That's just the beginning .. I see vacant stored popping up all over, Retailers have begun to shut down, Rite Aid, Starbucks, Virgin Mega Store in Times Fuckin Square!! The Gov't is lying to us!! They're robbing us!!

  • This Fuckin' clip is from No- Fuckin' - vember! This is insanity! This bailout money is BONUS MONEY!!! THATS IT!! THAT'S TO PAY PEOPLE MILLIONS OF DOLLARS WHO WORK AT COMPANIES THAT LOSE MONEY!! LOL ITS INSANITY!!!

    Goldman Sachs got 12 billion from Tarp and gave out 14 Billion in Bonuses. LOL And I keep hearing these banks saying they were forced to take this money from the Gov't. If I don't need it then I tell them I don't fuckin' need it!!!! Come on now!! R u fuckin' kidding me!!

  • When since politicians and news anchors get the right to change the way economics works?

  • I know, they bailout BofA, GM, Chrysler, why cant they just take the 750 billion and disperse it amongst the 300 million people in the US? If they want us to consume more, that would be the perfect way to do it!

  • Yea I completely agree. Its rediculous, you'd think Dobbs' would have something else to talk about other than 'stopping the flow of illegal immigrants coming to this country.'

    However, like I said, SOMETIMES (like every-other blue moon) he reports on important topics.

    I like the name, LibertyEconomics, a Ron Paul supporter? I wrote him in...

  • I still can't watch Dobbs, because while hey may lurch into germs of truth, he invariably comes back to peddling some horrible thing, such as this "e-verify" system, in the name of "stopping illegal immigration." I'm more concerned about what the feds might do with such a system than I am with people coming here from Mexico.

  • this video was good

    looking for friends S0

  • You know, i used to hate Lou Dobbs with a passion...

    Now he's one of the only CNN contributers i can watch without pulling out my own hair.

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