Debt & Compromise and the Federal Reserve | THE PLAIN TRUTH by Judge Napolitano 7/7/11

[Dokkie]

Run time: 04:54 https://www.youtube.com/watch?v=9X7eFQHPKx4   Posted on YouTube: July 08, 2011 By YouTube Member: JudgeNapolitanoFTW Views on YouTube: 127   Posted on DU: July 09, 2011 By DU Member: Dokkie Views on DU: 1122

 
Can the debt ceiling crisis be solved through the bitter politics of compromise? Or can political courage save the day? Tonight: debt & compromise and the Federal Reserve.

Originally aired 7/7/11 on "Freedom Watch"

Please try and ignore the video playing in the background and instead focus on the segment involving the federal reserve. Its a very interesting take on solving the debt problem if you asked me.

[JTFrog]

1. Freedom Watch?

Do you have any idea who these folks are that you're trying to give air time at DU?

[FarLeftFist]

2. Fuk this guy.

[CyrusV]

3. Until the GOP realizes that we're going to have to raise taxes..

we're going to keep going down the same path of expanding debt.

It's usually under Republican presidents that we see the biggest spikes in debt, so they're probably the last party we should be putting any hope in.

[Dokkie]

4. But imagine if Obama

become the 1st president to turn the tide and start actually paying off our debt? Clinton became the first president in a long while to leave office with a surplus and we know that is one of the positive legacy of his presidency. Yes, republican preach economic responsibility but liberal are the ones who end up balancing the books and there's no reason why Obama cannot try to continue that history

Obama's ear is with the same economic geniuses who scare mongered with the bailout, so we can speculate from past results that they are scare mongering now with the debt ceiling. Healthcare reform legacy is ok but decreasing the debt would be much better. And he can do all this without touching the big safety net programs. Sadly, I cannot say that about the wars.

[tomm2thumbs]

5. I believe there was a surplus after Clinton, Judgie Boy... where were you then?

dumfuxnews

[JTFrog]

6. Why would any Democrat or Progressive post this kind of shit on this website?

http://en.wikipedia.org/wiki/Freedom%27s_Watch

Board

* Ari Fleischer,<8><11> a former Bush press secretary.
* Matthew Brooks,<8><11> executive director of the Republican Jewish Coalition (RJC).
* Mel Sembler,<8><11> a longtime RJC leader and former ambassador to Italy who helped finance the 2000 Florida recount battle.
* William Weidner,<8><11> a Las Vegas casino operator.

Freedom's Watch's first major advertising campaign emphasized the sacrifice of U.S. troops and their families in Iraq. As The New York Times wrote, "Several of the group's spots suggested that Iraq, rather than Al Qaeda, was behind the Sept. 11 attacks, even though the independent Sept. 11 commission investigation and other inquiries found no evidence of Iraq's involvement."<5> ABC News, among others, concurred: "The ads also link the war with Sept. 11, despite no reliable evidence Iraq played any role in those attacks."<18> In one advertisement, a war widow claims, "I lost two family members to Al Qaeda -- my uncle, a firefighter, on 9/11, and my husband, Travis, in Iraq. Congress did the right thing, voting to defeat terrorism in Iraq and Afghanistan," adding that, "Switching their votes now, for political reasons, it will mean more attacks in America." In another ad, an Iraq war veteran states, "They attacked us, and they will again. They won't stop in Iraq."<19>

In 2008, the Democratic Congressional Campaign Committee charged that, in a Congressional race in Louisiana, Freedom's Watch was running a television advertisement with a script that came from the National Republican Congressional Committee. Such coordination with the NRCC would be illegal for Freedom's Watch because of the latter's status as an independent group. A media consultant working for Freedom's Watch responded that the apparent origin of the script with the NRCC was the result of an innocent mistake.

Now that's the kind of thing we want to see more of here at "Used To Be DemocraticUnderground". :eyes: