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Lou Dobbs is Ripping Paulson's Plan to Bail out "Foreign Banks!"

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KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 06:17 PM
Original message
Lou Dobbs is Ripping Paulson's Plan to Bail out "Foreign Banks!"
Edited on Mon Sep-22-08 06:18 PM by KoKo01
I'm not a fan of Lou or regular watcher but tonight his lede captured attention... He said it was a show for indpendents where he would expose what the politicians are trying to bail out with our tax dollars.

He pointed out that just a week ago Paulson was saying our Economy was Sound...and he showed clip of Paulson saying that. He made big deal over just a few days later Paulson is begging for Bail Out.

So far he's been better than any of the other Cable Shows I've surfed on the "Bail Out." He's ripping Congress, both Candidates and while he mentions UBS (he didn't divulge the connection with Phil Gramm, UBS and reapeal of Glass-Steagal act) but he mentioned Royal Bank of Scotland and one other that will be at the trough to take our tax dollars.

So far it's been great...to see the outrage..even if I can't stand him.
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curious one Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 06:18 PM
Response to Original message
1. Oh Oh he lost some of his money!
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 06:18 PM
Response to Original message
2. He didn't mention the real problem
and you still don't get that he'll turn this around against Democrats.

Turn that idiot off.

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KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 06:23 PM
Response to Reply #2
4. I just did...but his audience might pick up his anger...and decide Repugs aren't the answer..
:D
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Selatius Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 06:20 PM
Response to Original message
3. Watch. If the Democrats reinstituted Glass-Steagall, he'd say Dems are hurting the market.
And he will let Phil Gramm off the fucking hook for repealing that Depression-era protection in 1999.
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KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 06:26 PM
Response to Reply #3
5. He just asked that CNN Poll Reporter why Americans don't know about Glass -Stegall...
but he blamed in on Clinton signing it... (which is true...he could have vetoed it like Bush does to everything Dems vote on) but Dems voted against getting rid of Glass-Steagall (except one Dem Traitor) while all Repugs voted for it. So, he's correct. Clinton got rid of it and Dobbs did say both Repugs and Dems were on a couple of Decades of De-Regulation.

Maybe his loyal audience will look up "Glass-Stegall" and get informed. :shrug:
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 06:38 PM
Response to Reply #5
6. No. He's Wrong.
If he didn't tell the entire truth - he's wrong. The reason we're in this mess is because we keep accepting half-truths from these media asshats.
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KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 06:44 PM
Response to Reply #6
7. Well...he did call Paulson a "Preening Popinjay." That was pretty funny...
really...
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