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Dan Mitchell Attacks Release of TARP Funds

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Uploaded by on Jan 23, 2009

Cato Institute Senior Fellow Dan Mitchell assails the Troubled Asset Relief Program on ABC News Now. January 16, 2009.

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Top Comments

  • Dan J. Mitchell For President! Please Vote!

  • Had to giggle watching this disinformation. The "bailout" is over EIGHT TRILLION dollars (& counting!). Not these peanuts the repeater is jabbering about.

    The trillions went STRAIGHT to overseas world central bankers. Hell, they aren't even U.S. citizens! Furthermore, there is NO accounting for the money. Its in the bankers contracts. The bankers are buying up properties during THEIR world financial collapse fire sale, a "value grab", & did the EXACT same thing in the 30s.

    Foolish Americans!

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  • The worst part of it is the moral trason committed by the congressmen who signed it into being. The bill was around 1000 pages conveniently produced at a time when it had to be signed to avoid the disasters it is causing and the vast majority of congress did not read it. They are trusted by the people who vote them into office to make the right decisions and that does not come from signing what you don't read. Betrayal after trust = moral treason

  • Lol. Mr.Mitchell said a word that government and it's subsidiaries don't comprehand "morals".

    With all this talk of reform why are lobbyist still in Washington? Oh, bc it's change=no change.

  • mb6: What's really happening is the oil-car is crashing with the invention of cheap fuel-free transport. Note $500mill in stimulous? Note: Solar panels popping up on Asian car & house roofs. Millions of mag-drive veh. in Asia. Note Rolls Royce & Mercedes left on parking lots in Dubai as thousands flee?

    I'm in the middle of this- trying to get top Chinese drives SHIPPED FREE, from Canada customs, just warned by G7. Their little book was written by "Standard Oil"! HydroQ moved to France year ago

  • Right Artha - sorry for the historical typo! Is this interviewer the sister of the Al Jazerra one who interviews Max Kieser? If so, I must say I find them the most powerful, attentive, intelligent and GORGEOUS family of talking video inverviewers going! More from both: we really learn something for a change.

  • Marlborough died eighty years before Waterloo. I think you mean Wellington.

  • This happened before during Waterloo in England! Rothschild Brother got news first, but spread that Marlborough had LOST! When stock market went down - he bought it all up! Then the REAL news came through - he sold some on up-tick market, all-in-all realizing 2500 times his initial capital (from German Prince). Plus he became Queen's top advisor to this day!

    If they are about to institute Fuel-Less World Transport: GOOD!

    If WWIII - run for cover if you can!

  • 01:35 if they can't fix the bad paper they are holding, they deserve to take the hit; and stimulus money needs to go into the hands of people who can be responsible for it.

  • yep, that is exactly what they did.

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