Uploaded by jamesmichl on May 26, 2010
Financial Bill worse than Health care Bill!!! Gov now has all your Financial info like credit card info! also makes Executive branch able to take trillions from Fed Res at will no checks and balances to give to anyone like Haliburton or AIG and it all legal.
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@HenryNavarre I hope everyone realizes that the latter comments are meant to be sarcastic... when I reread this I didn't think that the sarcasm was quite clear.
HenryNavarre 1 year ago
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I'm a liberal and I normally hate Glenn Beck, but if any of this is true, it's absolute bullcrap.
Silvance1 1 year ago
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@pzulker What scares me about this is that this "wake up" should have happened in 2002-2007 when Bush was in office and destroying the country. All of a sudden this is Obama's fault. This is truly amazing. I don't sympathize for these stupid bailouts, healthcare programs, etc, but it seems to me Beck is more interested with lining people against our president and on the GOP agenda. This is NOT waking up people, this is going into comma. I have to keep asking myself, is this rocket science? GOD.
dannydarias1 1 year ago
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@keynesian42 Do you think that if these banks fail all these assets just vanish? In reality if we let these banks fail, their assets would subsequently be liquidated at market value. You are making the arguement that the tax payer should prop up the value of these assets thus allowing these poorly managed firms to continue operating with overvalued assets which is essentially just sowing the seeds of the next recession.
JackHardingson 1 year ago
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@pzulker Guns have little to do with the future or any progress you would like to achieve- yet, conservative "pundits" would like to have you think otherwise. I'm amazed how accurately he nails the progressive agenda! "...they know better than you...so they have to control [you]" WOW.
HenryNavarre 1 year ago
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This bill could have been truly effective if the breaking up of some of the largest banks in the financial sector wasn't taken out. If Beck really doesn't believe that the largest banks in the U.S. aren't "too big to fail", then he is absolutely wrong. The 6 largest banks in the country have assets that are, put together, the equivalent of 60% of GDP. Yes, these banks are too big to fail, which is why they need to be broken up.
keynesian42 1 year ago
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evil government
sdangela 1 year ago
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Barack Obama is a total fake. Impeachment is necessary NOW.
1008Shirley 1 year ago
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dannydarias1.....my comments about your comment "Bush destroying the country" NOT even close!! B. Frank & Dodd created the 600 trillion Housing mess that BUSH on video warned Frank in 2004 so Dems started the depression. I do think prez bush should have been Impeached for not protecting the border see he is a PROGRESSIVE like Obama just not a very good one. both Obama and Bush voted yes on the bail outs but obama is 10x worse.
jamesmichl 1 year ago
hey...keynesian42... this Financial bill give the treasury secretary a open checkbook for ANY!!! amount and no one can stop this!!!! lets say a Republican Prez makes Haliburton legal to take all the money they need...so you liberal are making it all legal!!!! is Haliburton too big to fail in IRAQ also??? think you liberals THINK!!! this kind of power is called FASCISM. this is why we have bankruptcy courts... many restructure and come back stronger. don't trash the constitution
jamesmichl 1 year ago