Paulson: Geithner Recuse himself NY Fed - WTH is Dan Jester Goldman Sachs TARP FED Treasury Ties

[SLSmith]

Run time: 05:18 https://www.youtube.com/watch?v=G6xceq_l7ng   Posted on YouTube: January 27, 2010 By YouTube Member: Views on YouTube: 0   Posted on DU: January 27, 2010 By DU Member: SLSmith Views on DU: 1587

 
January 27, 2010
Sterns (R-FL) grilling Hank Paulson

[PA Democrat]

1. Thanks for posting.

[thecrow]

2. This guy has something here

Did AIG NEED to be bailed out?

[Celtic Merlin]

4. After 17 years as a stock broker and insurance-licensed financial advisor . . .

I can honestly tell you that NONE of the corporations we bailed out needed to be bailed out in order to preserve the nation's economic system and/or protect our economy from collapse.

[avaistheone1]

6. Strongly agree.

And the bailout had nothing to do with increasing the flow of credit which was the original excuse for the Wall Street bailout.

[greiner3]

3. I'd have to say that there are a bunch of rich republicans;

In sterns' district who can trace their monetary woes to paulson's tenure.

Just saying.

[JDPriestly]

5. Congress needs to change the procedures it uses in these congressional

inquiries. The examining members of Congress do not have enough time to conduct a reasonable and thorough examination of the witnesses.

The witnesses have learned how to game these hearings so that they are never pinned down. The witnesses can just lie to their hearts' content.

I do not know, but I have the feeling that Paulson and Geithner told some whoppers in these hearings -- some big whoppers. The examiners never get enough time to follow through on the testimony.

If they can't change the procedures, then the examiners should coordinate their questions so that the witnesses can't just evade the questions for the entire questioning period.

Congress, please change your rules so that you can get honest answers out of your witnesses.

[thecrow]

7. To begin with: Were they sworn in?

Can they be held responsible for anything they say?
Reword that... can they be PROSECUTED for anything they say?

[JDPriestly]

9. They can be prosecuted for lying to Congress.

[democracy1st]

8. true JD reminds me of cable news outlets