TPMtv: Just Start Bailing

Your Daily Politics Video Blog: Bailout duo Henry Paulson and Ben Bernanke took to the Hill again yesterday to talk TARP while the CEOs of the Big Three car companies tried to get in on the action. In today's episode of TPMtv, we bring you the highlights, the lowlights, and Ron Paul's quest for gold.

Category:

News & Politics

Tags:

• politics
• video
• blog
• bailout
• paulson
• bernanke
• big
• auto
• senate
• house
• hearing

[Rjackman84]

God damn, Ron Paul knows his shit! Listen to the man he's smart as hell.

[belgurdo]

There's only one group you can blame this mess on and their name starts with a 'r' and ends with 'epublicans'

[Nick0L]

korriban129 -

You're a fool. Government meddles in the free market all the time - through tax policy, through government contracts (like military spending), through research programs, etc.

Govts always use stimulus programs to get the economy through rough times, so quit acting like stimulus is something new. Read some history.

Congress will fund stimulus by borrowing money and adding to the massive debt that republican presidents have created.

[korriban129]

Stimulus?! Oh yes let's just throw even more money at it! We do not need socialist values we need to remember that we are a capitalist nation. If the business fails then it fails. They should not be supported by the government. The government needs to keep its hands out of the free market and stop wasting taxpayer dollars for a problem that it caused. By the way how will Congress fund such a stimulus?

[trashboniskow]

Its not Ron Pauls mistake because this video is a trailer, actually the scene with Ron Paul is not the hearing of the auto industry you can confirm that on cspan.

[Nick0L]

Freedom2Learn -

That's a very retarded proposal.

Changing to a gold standard now would be a CATASTROPHE.

I'm not a fan of the bailouts done so far, but doing nothing and allowing the financial sector and the Big 3 to collapse would cripple the entire economy and would put millions out of work, driving the country into an even worse deflationary spiral than what we're having now.

Any sensible economist will tell you that we need stimulus to get out of this mess, not the gold standard. LOL!!

[Freedom2Learn]

You mean explain to YOU...Here, you ready? Its not rocket science...If you have REAL money, the crooks who stole the power to coin and regulate the value there of...CAN'T Print more of it...and there will BE NO BAIL OUT for any.

Real money means you must be more conservative with your business. I doubt that the big three would have kept building the gas guzzlers if they actually felt their business life was on the line. Thanks to Good ol uncle Sam loaning Chrysler the money, and Now Wall street

[Nick0L]

Freedom2Learn - OK know-it-all, explain to all us poor uneducated cretins how basing our currency on the gold standard today would have any effect at all on bailing out the Big 3 domestic auto manufacturers.

Enlighten us, oh wise one. LOL.

[pkay92003]

Funny how there's a bank in Dubai (home of Haliburton) that's deals with nothin but gold. See Bernake's smirk? Abolish the Fed. Paul asked for a US Gold Inventory (Ft Knox) & congress balked! Paul asks in light of the dollar failing are u planning to replace our currency? Why? Bush is implementing the North American Union (USA, CAN & MEX) which plans incld new combined currency for all - the AMERO (similar to the EURO). Last yr Greenspan told the Saudis to dump the Dollar for the EURO! Traitors!