Beck falsely claims he never wanted banks to get bailout money
January 28, 2010 7:46 pm ET
From the January 28 edition of Fox News' Glenn Beck:
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Perhaps he should have referred back to it again, but how much more honesty do you want? Another instance of MMfA not telling the entire story.
MMfA misquoted Beck and turned a perfectly true statement (by the time the bailout was written in it's final form, he was solidly against it) into a lie that Beck never said.
He should have done research before making his point. Video recorded comments can hurt you if you deny you made them.
From my first post:
I'm sticking with "didn't want them to get the money in the first place" is a good enough 10-word summary of his position for the rest of the point he was trying to make (conveniently left out by MMfA)
OLIGARHY!
Apparently they're running short on brain - dead drooling sycophants this week and need all able-bodied m o r o ns back there NOW!!
Hi 5, soze!!!!
Sorry man, it's just I can't help giving obvious t r o ll s a tweak.
Now seriously, please get in touch with Glenn's forums, I wasn't kidding when I said they really need you back there, man
Well you should go back further in the history of why and how the banks got to big to fail and you would have bashed Congress and President Clinton for taking away Glass-Stiegel.
Major failure for this country.
Fact is interest rates were lowered as low as 1% during 2001-2004, thus printing massive amounts of new money forcing banks to lower their rates, or their standards in the case of Fannie and Freddie, thus artificially increasing home prices and creating an unsustainable boom that would eventually wipe out the banks by no fault of their own.
The Federal Reserve is a privately owned and operated cartel of the banks that made the worlds largest profit last year (yes, larger than Exxon) and I'm surprised that anyone allows it to continue to function.
Which conservatives deregulated anything? Progressives had been running the presidency and congress in a similar fashion to now from the beginning of the century through WW2, Hoover and FDR included (their monetary and economic policy was exactly the same right down to increases in spending, wages, price of gold and interest rates).
Thus why I am a strong advocate of it being audited and nationalzed under the U.S. Treasury. By right of the Constitution.
See what I did there. I put it in context. In this clip he's saying he "didn't want them to get the money in the first place." In the previous clip he's saying he doesn't necessarily want them to get the money but sees it as a necessary evil.
On second thought, whatever. Fine you got Beck, finally. Congrats. This one post totally refutes everything conservatives believe in and stand for and we can all finally can stop arguing and go home. Cheers.
Maybe ratchet back the cynicysm a notch of two, man. You're not making much sense
MMfA misquoted Beck and turned a perfectly true statement (by the time the bailout was written in it's final form, he was solidly against it) into a lie that Beck never said.
The great thing about Fox television, your viewers don't care when you say something stupid.
And lying about it is OK. I'm glad that's clear.