Sen. Gregg calls out "screamers" like Glenn Beck who "have no interest in the facts"
Blog ››› ››› JEREMY HOLDEN
Earlier today, Politico's Ben Smith reported that Republican Sen. Judd Gregg chastised Glenn Beck as one of the primary "screamers" who "demonized" the Troubled Asset Relief Program, and who has "no interest in the facts":
Rammed through Congress in the final months of the Bush administration by a political and financial establishment that felt it had looked into the abyss, TARP had the support of not just President Barack Obama but also his likely foes in 2012, such as former Govs. Mitt Romney and Sarah Palin. But it has been only sporadically defended, or even explained, by leaders of both parties who have shown decidedly little courage of their convictions.
"It's become demonized on the left and the right by screamers -- Glenn Beck and Rachel Maddow -- who have no interest in the facts; they're just interested in hyperbolizing and generating attention," lamented New Hampshire Sen. Judd Gregg, a key player in guiding the measure through the upper chamber and one of the few Republicans willing to talk about TARP in positive terms.
BECK: This is -- not comparing these people to the people in Germany -- but this is exactly what happened to the lead up with Hitler. Hitler opened up the door and said, "Hey, companies, I can help you." They all ran through the door and then in the end, they all saw, "Uh oh, I'm in the bed -- I'm in bed with the devil." They started to take their foot out, and Hitler said, "Absolutely not. Sorry gang. This is good for the country. We've got to do these things." And it was too late.
According to Beck, TARP was also part of Obama's transformation of America into a socialist utopia. Never mind that TARP was signed into law by President Bush.