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ytuque
Joined: 29 Jan 2008
Location: I drink therefore I am!
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caniff
Joined: 03 Feb 2004
Location: All over the map
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 Posted: Sat Oct 04, 2008 10:00 am Post subject: |
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I wish everyone would just ignore him. Unfortunately, he does get some ratings from the mouth-breathers and those who didn't get enough love from momma.
Jerk times ten. |
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Kuros
Joined: 27 Apr 2004
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| Posted: Sat Oct 04, 2008 10:10 am Post subject: |
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The interview is only great from the perspective of entertainment.
From every other perspective, its sad. |
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On the other hand
Joined: 19 Apr 2003
Location: I walk along the avenue
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| Posted: Sat Oct 04, 2008 10:35 am Post subject: |
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| Does anyone happen to know who was right on that issue? Did Frank give bad advice? |
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bangbayed
Joined: 01 Dec 2005
Location: Seoul
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| Posted: Sat Oct 04, 2008 11:54 am Post subject: |
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Hmmm..."great interview" and "Fox News" in the same sentence?
Methinks not.
O'Reilly is a loofah-scrubbin idiot windbag . |
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Hater Depot
Joined: 29 Mar 2005
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| Posted: Sat Oct 04, 2008 12:20 pm Post subject: |
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| I guess Bill lost money on whatever that stock was. |
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ytuque
Joined: 29 Jan 2008
Location: I drink therefore I am!
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| Posted: Sat Oct 04, 2008 4:49 pm Post subject: |
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| On the other hand wrote: |
| Does anyone happen to know who was right on that issue? Did Frank give bad advice? |
Barney Frank is the Chairman of the Financial Services Committee and is neck deep in the US credit crisis. He did talk up financial companies at several points. There are quite a few pols who have their fingerprints all over this disaster.
I wish prominent politicians from both parties would own up to their mistakes. Generally, I am not a fan of O'Reilly, but at least, he let Frank have it. Dodd should be next!
As for the negative views of most posters about Fox News, it goes with the territory. I watch/read both liberal and conservative news sources to get some balance. |
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Tiger Beer
Joined: 07 Feb 2003
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| Posted: Sat Oct 04, 2008 7:07 pm Post subject: |
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There was another clip where O'Reilly was lashing out at RightWing Radio and DODD and FRANK. He also went after BUSH.
O'Reilly is just pissed that so many people have said the economy is fine and healthy, despite that all of these exact same people MUST HAVE KNOWN this was all going to occur at the same time. |
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PBRstreetgang21
Joined: 19 Feb 2007
Location: Orlando, FL--- serving as man's paean to medocrity since 1971!
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| Posted: Sat Oct 04, 2008 7:56 pm Post subject: |
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| he let Frank have it. Dodd should be next! |
The problem with what O'reilly was doing though was that he was using a broad brush to paint congress like some giant monolithic entity and he forgot that actually there are a lot of people in congress and they dont all agree all the time.
Frank has been trying to get reform passed for YEARS. He hasnt been successful because of republican stonewalling and posturing within the democratic party. It is both parties fault, yes. But is not necessarily every person in those respective parties' fault either.
The problem with this interview is that O'reilly failed to let Frank actually explain that he DID try and pass reform, the problem was politicking got in the way of it ever actually going anywhere. That may indict the vast majority in congress, but it doesnt indict Frank, who has for years spoken of the criminality on Wall Street.
O'reilly also was taking Frank's quote out of context. What Frank was saying that right now, Fannie Freddie where not good investments, but he fealt that perhaps later on down the road they will be. So Frank was not encouraging people to buy now, he was encouraging them to buy later. |
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ytuque
Joined: 29 Jan 2008
Location: I drink therefore I am!
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| Posted: Sun Oct 05, 2008 7:22 am Post subject: |
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| PBRstreetgang21 wrote: |
| Quote: |
| he let Frank have it. Dodd should be next! |
The problem with what O'reilly was doing though was that he was using a broad brush to paint congress like some giant monolithic entity and he forgot that actually there are a lot of people in congress and they dont all agree all the time.
Frank has been trying to get reform passed for YEARS. He hasnt been successful because of republican stonewalling and posturing within the democratic party. It is both parties fault, yes. But is not necessarily every person in those respective parties' fault either.
The problem with this interview is that O'reilly failed to let Frank actually explain that he DID try and pass reform, the problem was politicking got in the way of it ever actually going anywhere. That may indict the vast majority in congress, but it doesnt indict Frank, who has for years spoken of the criminality on Wall Street.
O'reilly also was taking Frank's quote out of context. What Frank was saying that right now, Fannie Freddie where not good investments, but he fealt that perhaps later on down the road they will be. So Frank was not encouraging people to buy now, he was encouraging them to buy later. |
Have to disagree with you about Frank.... His fingerprints are all over this mess.
http://online.wsj.com/article/SB122091796187012529.html |
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mises
Joined: 05 Nov 2007
Location: retired
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| Posted: Sun Oct 05, 2008 7:54 am Post subject: |
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I see the nutty right wing is trying to re-write history and blame Dems for this problem. I expect nothing less from a third-world party-first party comprised of a solid and massive base of idiots that actually believe talking points.
This crises is the result of structural problems in the American monetary and banking system. Had Fanny and Freddy not existed there would still have been massive malinvestment that would have brought down the economy. This because there was too much cash in the system and ultra cheap money encourages speculation and the rest.
The WSJ missed this whole crises. It as a paper is little better than toilet paper. |
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ytuque
Joined: 29 Jan 2008
Location: I drink therefore I am!
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| Posted: Sun Oct 05, 2008 2:37 pm Post subject: |
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| mises wrote: |
I see the nutty right wing is trying to re-write history and blame Dems for this problem. I expect nothing less from a third-world party-first party comprised of a solid and massive base of idiots that actually believe talking points.
This crises is the result of structural problems in the American monetary and banking system. Had Fanny and Freddy not existed there would still have been massive malinvestment that would have brought down the economy. This because there was too much cash in the system and ultra cheap money encourages speculation and the rest.
The WSJ missed this whole crises. It as a paper is little better than toilet paper. |
The WSJ is not blaming the dems solely for this mess! Frank due to his chairmanship of this committee is due for some scrutiny. Your analysis of the root causes of the financial crisis is overly simplistic. |
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Kuros
Joined: 27 Apr 2004
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| Posted: Sun Oct 05, 2008 3:58 pm Post subject: |
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| ytuque wrote: |
The WSJ is not blaming the dems solely for this mess! Frank due to his chairmanship of this committee is due for some scrutiny. |
Scrutiny. Good word.
But you see, that's not what O'Reilly was offering for us. He wasn't presenting scrutiny. Merely angry fingerpointing and a harangue of blame.
I'm still waiting for an answer to OTOH's question. |
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Jandar
Joined: 11 Jun 2008
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| Posted: Sun Oct 05, 2008 7:09 pm Post subject: |
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| On the other hand wrote: |
| Does anyone happen to know who was right on that issue? Did Frank give bad advice? |
You decide.
"I do not regard Fannie Mae and Freddie Mac as problems," he (Barney Frank) said in response to another reform push. And then: "I regard them as great assets."
Previously Cited Article |
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mises
Joined: 05 Nov 2007
Location: retired
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| Posted: Sun Oct 05, 2008 9:16 pm Post subject: |
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| On the other hand wrote: |
| Does anyone happen to know who was right on that issue? Did Frank give bad advice? |
He gave a "yes" but "no" statement. But it is irrelevant. Fanny and Freddy are only the latest installment in a long term shit storm of financial chaos. We won't be looking to them as the big dogs in the crises once the hedge funds start imploding (Oct 15th) and then credit cards and then derivatives and CDS. |
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