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Indiana State Treasurer Richard Mourdock Details Fallout from Chrysler Bankruptcy

Driving in the Wrong Direction: The Sordid Details and Lasting Consequences of the Bush/Obama Auto Industry Intervention http://www.cato.org/event.p... POLICY FORUM Thursday, October 15, 2009 12:...  
 
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a4finger (2 months ago) Show Hide
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Obama is a dick
mcgrawtim123 (2 months ago) Show Hide
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9:18....government extortion!
HarrisonCountyStudio (1 month ago) Show Hide
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This makes me sick!
torresut (2 months ago) Show Hide
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This video is very enlightening in understanding the whole financial "crisis." When discussing the crisis, most people tend to state that Bernankee and his crew were misguided in bringing the bailing out. In other words, it was a mistake. Evidence however shows that it was not a mistake but a deliberate act of fraud. The sooner we learn this, the closer the solution will be.
XCritonX (2 months ago) Show Hide
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Why did the state of Indiana buy debt with tax payer money? Dont they have enough of their own debt?

The US has a separation of church and state. Now you need a separation of commerce and state. Get the government out of private industry. Let the government concentrate on screwing up their own house.
caltrop69 (2 months ago) Show Hide
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Well...The argument could be made that it wasn't taxpayer money, at this point, but rather the earnings from public employees who put those earnings into a pension.

Of course...This issue gets a bit grey. CalPERS, in California, is asking for more taxpayer dollars to make up for their losses. So...I guess it may actually be a mix between private AND taxpayer dollars that were invested.

I have to mention that I'm not certain of how Indiana's public employees retirement system works, though.
icebreaker7 (2 months ago) Show Hide
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@ 11:30 this made me throw up a little bit in my mouth.
MatteNoob (2 months ago) Show Hide
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Why did they (the government) want the bankruptcy to go through?

Please explain to me, I don't understand why they didn't want people to stop it from going through.
jbranstetter04 (2 months ago) Show Hide
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When King George bailed out the auto industry with the bank money after failing to get it the constitutional way with a vote of the congress, I came unglued, but to no avail; I must have been the only one. I read and listened for news reports on how King George usurped congresses authority, but there were none; he had gotten away with it scot-free.

Then came Obama who doubled down on the treachery that is described in this video. The rule of law is slipping away.
soundmoneyfan (2 months ago) Show Hide
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thanks for posting this. it is great to hear it from the people that were there

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