Manzullo: New Bureaucracy Would Give "Blank Check" to Continue Wall Street Bailouts, Economists Say

Congressman Don Manzullo (R-IL) today questioned economics professors from Harvard and the University of Chicago about a provision in the Consumer Financial Protection Agency bill that would give the FDIC a "blank check" to bailout underperforming companies on Wall Street with taxpayer funds. The economists -- Jeffrey Miron, Director of Undergraduate Studies at the Harvard Department of Economics, and John Cochrane, Professor of Finance at the University of Chicago Booth School of business, both expressed grave concerns with the legislation.

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News & Politics

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• Manzullo
• Congress
• Bailouts

[Hiei2k7]

If you lived downstream from a Nuclear Power Plant, you might be crazy and have some heavy metals too.

[rayme4raw]

Ron Paul is 70 and he's very coherent. I like Manzullo on most issues except for war. He's very pro-war. I don't think that either the Reps or Dems have todays answers, so I'll vote pro-gun representatives in with a strong history of voting pro-gun. I do not want to do what the Soviet Union did when they collapse and the citizens had no guns to protect themselves from all the criminals. Manzullo can get his mojo back if he does a heavy metal detox. Age doesn't destroy the mind.

[Hiei2k7]

rayme4raw, he's getting OLD. when you get old, you don't operate as well as you used to!

He represents Northern Illinois outside of Chicago. He represented for me when I lived in Mt Carroll, IL.

[rayme4raw]

Manzullo is a bright guy, but the vaccines and even the processed food supply keep adding heavy metals such as mercury and aluminum to our bodies. Hasn't anyone ever noticed how seniors seem to slow down mentally, it's not old age, it's the cumulative effect of heavy metal exposer. Learn to detox and he will appear as lucid as Ron Paul, who is the only sane bastard in Congress today.

[FuckinGuitarHero]

Heavy Metal Poinsoning! HA! love it.

[rayme4raw]

Thanks Manzullo, also judging from your slurred speech, you have heavy metal poisoning. Switch to organic for all you foods and eat five servings a day of organic fruits and vegetables. This will clear that up. Blank check to Wall Street? This will be a 2010 issue for sure. No more bailouts, failure is a part of success.