Kudlow gets called out for being a love monkey for corporate welfare.

[The Backlash Cometh]

Direct link compliments of blooinbloo;
http://www.crooksandliars.com/2007/08/17/kudlow-gets-hit-crying-over-wingnut-welfare-for-wall-street/

This one is a must see.

[Marr]

1. Yeah-- that was great. Notice how they started

babbling loudly when he pointed out how they themselves are the biggest welfare queens of all? Talk about cognitive dissonance. Bunch of lazy assholes who think they're entitled.

[The Backlash Cometh]

2. Lots of rationalizing going on between the Republicans and Libertarians.

No, it's not welfare or a bailout...but, but, don't you want the central bank to do what it was designed to do...?

[eleny]

3. The Fed stepping in is going to help jobs

Let me hold my side! :rofl:

[The Backlash Cometh]

5. Isn't that funny how they came to that realization?

[eleny]

14. It was Kudlow's last grasp at credulity

Well... well... the little saps will get some jobs out of all this.

Please sir, can I have some porridge? Meh.

[The Backlash Cometh]

17. LOL!

You characterized it perfectly.

[nadinbrzezinski]

4. God that WAS funny

oh and a reality note... this mess ain't over

[The Backlash Cometh]

6. It's just starting.

We're going to be laughing it up as we drink our chicken bouillon soup. Ramen noodles, anyone?

[nadinbrzezinski]

22. I still hope for that wonderful slice of humble pie

but somehow I don't think so

[BlooInBloo]

7. It was HOT! You can link directly to it, btw...

http://www.crooksandliars.com/2007/08/17/kudlow-gets-hit-crying-over-wingnut-welfare-for-wall-street/

[The Backlash Cometh]

8. Thanks! I updated the thread.

[BlooInBloo]

9. np - definitely a must-see, imo.

[The Backlash Cometh]

10. Do you mind recommending it?

I'd love to hear everybody's reaction to it, because the time has come to call the Republicans and Libertarians out on their hypocrisy.

[BlooInBloo]

11. Off to the Greatest Page with you!

[The Backlash Cometh]

12. Thanks!

I think DUers are going to get a kick out of it. I'd like to know more about the guy who called him a love monkey. hee-hee.

[BlooInBloo]

13. I posted 2 or 3 links to it in other threads a few hours ago - I haven't heard anything about it...

.... May your thread be the one that works!

[The Backlash Cometh]

21. We made it!

[Selatius]

15. Hate to say it but the Federal Reserve isn't a government entity. It isn't corporate welfare.

It's simply rich people helping out other rich people.

[The Backlash Cometh]

18. I'm guessing that it gets a whole lot of perks, being the Federal Reserve,

that most banks don't get.

[Selatius]

23. The shareholder list is private information.

Ownership in the Federal Reserve is by invitation only, I believe. Unlike other corporations, disclosure laws don't apply to the Fed as a corporate entity, so the owners don't have to identify themselves through IRS filings. I'm not sure here, but I don't even know if the Fed is required to pay income taxes on the income it generates for shareholders.

[girl gone mad]

24. Rich people who are allowed to print their own money.

Money which is backed by the full faith and credit of the U.S. government.

Lowering rates and printing notes contributes to inflation, which mostly harms middle and lower class consumers. When the Fed engages in these activities solely to the benefit of private banks and wealthy investors, it's corporate welfare with a middle man.

[vssmith]

16. There are two people who will always make me change the channel

Larry Kudlow
Steve Forbes

[The Backlash Cometh]

19. If you don't like Kudlow, this video is for you.

[Elwood P Dowd]

20. Don't forget James Glassman and William Kristol. (nm)

.