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‘Left, Right & Center’: Germany’s Bailout Plan and Bernanke Punts on Economic Resolutions

Posted on Sep 30, 2011

Germany approved a bailout response to the spreading European debt crisis this week, while Fed Chairman Ben Bernanke passed the buck on housing, unemployment and other economic issues to the U.S. Congress and Obama asked the Supreme Court to rule on the constitutionality of the Affordable Care Act.

All this and more with guest panelist and UC Berkeley economist Laura Tyson, who joins Tony Blankley, Matt Miller and Robert Scheer on this week’s “Left, Right & Center.” —ARK



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By rob, October 3, 2011 at 3:28 pm Link to this comment
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Spot on Ralph!!

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By Ralph Kramden, October 2, 2011 at 4:37 pm Link to this comment
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Tony Blankley is a Christian, is he? He is an employee of that disreputable tax-evasion artist Sun Moon. To work for a kook and creep like Sun Moon says a lot about Blankley. But the right wing has a cradle-to-grave
industry where the likes of Koch, Coors, GE keep their kept-cats in well-paid jobs: Cato Institute, Fox News, Manhattan Institute. Blankley seems well-fed and comfortable, self-satisfied. He is my poster boy for my theory that greed and privilege lead to selfishness, narcissism and idiocy. How Christian of him, how charitable that his solution to the European crisis
is to reduce social spending. Military spending maybe? Tell the capitalists they made a bad bet? This was not an honest bet the banks made. This was a swindle worthy of the Mafia.  No, not from Blankley. He is such a
capitalist indeed. In capitalism investors take the risks. If they guess right they keep the profits. If they guess wrong? Blankley’s capitalism:bail the bankers out and steal from the poor. Karl Blankley: “Bankers of
the world unite you have nothing to lose (we will bail you out)“Capitalists are bullies,cowards and punks.
Next he goes on about requiring people to have health insurance is an attack on civil liberties, his words were something about a free state.Unconstitutional. So my being required to observe speed limits and have
auto insurance, is that unconstitutional? In any case, extending health care to all is a human right, Right-wing ideologues never understood freedom from want. Then he rambles on about how people who go to emergency rooms consume more than those of us who haveinsurance. What an ass, the reason being, because by the time people go to the emergency room much damage has been done that an ounce of prevention (universal health insurance) would have or could have prevented. By the way, we are really opening ourselves to a disaster if ever we get a plague. Tuberculosis is always out there. This is where the idiocy of greed comes in. He also went on about obesity as not being a health problem. Well, he certainly is an authority on that regard, rotund is he?. He is not stupid, he is just mean and mendacious. Blankley has no trouble with the Bill of Rights when it deals with Guantanamo or Habeas Corpus. No trouble at all when our government violates the sovereignty of other nations, violates international law and assassinates whomever overseas—-no charges,no court case, just vigilantes. As that wise and learned compatriot said: the Nuremberg provisions are quaint. Brave New World. I expect my compatriots to keep a stiff upper lip when the blow-back occurs. Let us not show that unseemly whinning and crying. We don’t weep for them; they won’t weep for us. We could act as civilized human beings regardless of how others act, but no, we have to be barbarians. We killed 30,000 in Chile (on a 9/11) and not a tear. When 3,000 of ours were killed we claimed it was the end of the world. I guess one of us is worth 10 of anyone else’s.
Miller keeps talking about “American exceptionalism.” What? He of course means the USA not Canada, not Argentina, I guess he excepts Hawaii since they are not American. We are only exceptional in being 50 years behind everyone else:Slavery, Social Security, health care. Exceptional in believing we can invade, torture, assassinate with impunity. The Germans,
Russians, Cubans are war criminals, not the USofA. We are fools.

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By John, October 1, 2011 at 12:22 pm Link to this comment
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The EU/USA comparison makes no sense. Iowans, say, don’t speak a different language than, say, Illinoisans and Texans. Iowans don’t have significantly different work habits and values than Illinoisans and Texans.

The EU is a great idea to facilitate trade but the Euro is a bad idea.

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By SteveL, September 30, 2011 at 10:13 pm Link to this comment

Left, right, center all complain about the costs of heath care without any solutions.  Limit the time pharmaceutical companies can have patents on dugs.  Drugs are dirt cheap as evidenced when generics come on the market.  Huge amounts of money go pharmaceutical companies way beyond recouping costs and a reasonable profit.

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