Rep. Sherman (D-CA) vs. CNBC's Mark Haines
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Actually if you place them into context, both of them were right.
Haines made the point that if there was receivership it would have caused systemic problems which it would have because if the government could have stepped in it would have placed all of that banks financial responsibilities in their lap...thus the tax payers lap.
Sherman pointed out the takeover would have been as a stop gap after the fact.
So, both were right.
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Mark Haines R.I.P
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Heard Haines just died. He will be missed.
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What the hedge fund managers and bank CEO's make is not the problem. The problem is, them knowing that if they fail the government will bail them out of their mistakes. Obama and his democrats, as well as the republicans, take big money from the Wall Street bankers and market managers. They just talk this crap to make the "common folks at home" think they are taking care of business!! Just a bunch of crooks!! All of them!! Let's get them out of there and get some "common folks" in!!
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Haines blamed Bush and Paulsen for all of our problems today...SEP 28, 2010!!!!
This boot-licker needs to go back to the bar and get a cocktail. I am done with CNBC thanks to this sap-sucker. How GE can keep this putz on air is beyond me. Bloomberg and Fox are now gettting my eyes....
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I get the impression that the CNBC guy--when he is not on the air--is licking the boots of AIG execs and their kind. How ANYONE can defend these Wall Street bankers is absolutely beyond me. yet this is the drivel we get from our on air moderators. Yech.
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i don't understand why people like you get riled up when there is a mention of a hypothetical step the gov't could take for the sake of democracy in this case but have no problem with the way the gov't uses our tax dollars which is for real. it's our money. why can't they spend it to improve our lives with our input instead of doling it out to their friends in the corporate world.
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How did this Putz Sherman ever get elected.
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kkanya: "And what would you accomplish"
If wage caps were tied as a ratio to the pay of the lowest-paid workers, then you have incentives for ALL employees to acheive higher production. You would also improve the relations between management and labor, and labor would certainly feel a much more valued asset to the company.
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i like this representative. he seems smart, and it seems like he cares. but i could be wrong...
yemenboy01 2 years ago 3
You think Glenn Beck is brilliant, therefore this conversation can serve no purpose any longer. Goodbye!
zapponsalvia 2 years ago 3