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TPMtv: Sunday Show Roundup: Bailout Blues

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Uploaded by on Nov 17, 2008

Your Daily Politics Video Blog: FDR said that the only thing we have to fear is fear itself, and there certainly was plenty of fear to go around on the Sunday morning talk shows.

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  • Throughout all of human history there have been hundreds of arms races. In EVERY case, there has been only one of two outcomes: war, or the bankruptcy of both nations.

    After WWII, we entered an arms race with the Soviet Union. They have already gone bankrupt, and our arms race mentality and debt are quickly bankrupting us.

    We can learn from history, or we can repeat it.

  • Fiscal Conservatives are a myth or plain liars.

    Fiscal conservatives record vs. "tax and spend liberals": Reagan: >$200 billion deficit; Bush Sr.: >$300 billion deficit; Clinton: $200 billion SURPLUS; Bush Jr.: >$500 billion DEFICIT. Don't vote for people that say they want to shrink government down so that it can be drowned in a bath -- We are experiencing what that so-called fiscal conservative economic philosophy produces. We need smart government.

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  • But why does the pain have to come from the working class? Why aren't the lawmakers taking pay cuts, taking furlough days? Why do they still have state and federal cars, with state and federal gas cards?

    I'd be willing to accept some of the pain and the shit they shovel if it wasn't for the fact they don't have to get down and be in the slop too.

  • Wow, I feel great after that one! :( Time to pour myself a drink...

  • we're fucked, shit.

  • as much as i hate to say it ..schwarzenegger is right..america has to accept reality..corporateism and consume-mania. You cant expect to get out of this caos without any serious pain.puttin tape on a system that is based on fraud and debt wont save it but make it worse.

  • Friedman - the mental giant whose opinions change to match whatever the prevailing views are and then pretends that he was the first person to come up with them. Why anyone gives him a public platform or pays any attention to what he says is beyond me. "Suck on this", Tom.

  • it is truly game over ya'll

    America we had a great run, start to learn how to speak Cantonese.

  • Friedman is such a tool.  I still want to read his book though... What's up with that?

  • If I do that, I could get wrecked.

  • Friedman....ug

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