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X
ICE.
ICE.
NO, NO, IT DOESN'T MATTER, SO IT
NO, NO, IT DOESN'T MATTER, SO IT
SHOULD COME TO YOU AS NO
SHOULD COME TO YOU AS NO
SURPRISE THAT FPI IS
SURPRISE THAT FPI IS
AGGRESSIVELY SEEKING TO EXPAND
AGGRESSIVELY SEEKING TO EXPAND
INTO THE GREEN SECTOR, JUST
INTO THE GREEN SECTOR, JUST
LIKE VAN JONES SUGGESTED!
LIKE VAN JONES SUGGESTED!
IT'S GREAT.
IT'S GREAT.
THEY ARE SEEKING A BIG SHIES OF
THEY ARE SEEKING A BIG SHIES OF
THAT $150 BILLION OBAMA GREEN
THAT $150 BILLION OBAMA GREEN
JOBS PIE.
JOBS PIE.
THAT IS YOUR TAXPAYER MONEY
THAT IS YOUR TAXPAYER MONEY
THROUGH THE STIMULUS CREATING
THROUGH THE STIMULUS CREATING
AND SAVING JOBS FOR PRISON
AND SAVING JOBS FOR PRISON
INMATES.
INMATES.
APPARENTLY IN THIS COUNTRY, NOW
APPARENTLY IN THIS COUNTRY, NOW
YOU HAVE TO BREAK THE LAW AND
YOU HAVE TO BREAK THE LAW AND
GET LOCKED UP IF YOU WANT TO GET
GET LOCKED UP IF YOU WANT TO GET
HIRED IN TODAY'S AMERICA!
HIRED IN TODAY'S AMERICA!
CRIME PAYS!
CRIME PAYS!
AND APPARENTLY EXTRAORDINARILY
AND APPARENTLY EXTRAORDINARILY
WELL.
WELL.
JUST ASK ROBERT CREAMER.
JUST ASK ROBERT CREAMER.
I TOLD YOU A YEAR AGO ON THE
I TOLD YOU A YEAR AGO ON THE
RADIO BEFORE I STARTED THIS
RADIO BEFORE I STARTED THIS
PROGRAM ON FOX, I SAID "MARK MY
PROGRAM ON FOX, I SAID "MARK MY
WORDS, YOU ARE NOT GOING TO
WORDS, YOU ARE NOT GOING TO
RECOGNIZE THIS COUNTRY BY
RECOGNIZE THIS COUNTRY BY
CHRISTMAS 2009."
CHRISTMAS 2009."
WELL, IT'S A COUPLE OF WEEKS
WELL, IT'S A COUPLE OF WEEKS
AWAY FROM CHRISTMAS 2009.
AWAY FROM CHRISTMAS 2009.
DO YOU RECOGNIZE THIS COUNTRY?
DO YOU RECOGNIZE THIS COUNTRY?
WE'RE LETTING 80 GREEN JOBS GO
WE'RE LETTING 80 GREEN JOBS GO
AWAY FROM LAW-ABIDING CITIZENS
AWAY FROM LAW-ABIDING CITIZENS
AND THEN WE'RE TAKING THE
AND THEN WE'RE TAKING THE
LAW-ABIDING CITIZENS' MONEY AND
LAW-ABIDING CITIZENS' MONEY AND
GIVING IT TO 160 PEOPLE WHO
GIVING IT TO 160 PEOPLE WHO
HAVEN'T BEEN PLAYING BY THE
HAVEN'T BEEN PLAYING BY THE
RULES AND SHELLERRED IN PRISON
RULES AND SHELLERRED IN PRISON
WHILE -- AND SHELTERED IN PRISON
WHILE -- AND SHELTERED IN PRISON
WHILE WE GIVE THEM SHELTER, FOOD
WHILE WE GIVE THEM SHELTER, FOOD
AND CABLE AND EVERYTHING ELSE.
AND CABLE AND EVERYTHING ELSE.
WHAT IS HAPPENING?
WHAT IS HAPPENING?
TO QUOTE THE PRESIDENT, THIS
TO QUOTE THE PRESIDENT, THIS
WOULD BE AN IMPORTANT STEP
WOULD BE AN IMPORTANT STEP
TOWARDS RECONCILIATION.
TOWARDS RECONCILIATION.
AND EVEN MORE GOOD NEWS.
AND EVEN MORE GOOD NEWS.
OBAMA IS PROPOSING YET ANOTHER
OBAMA IS PROPOSING YET ANOTHER
STIMULUS.
STIMULUS.
HE SAID YESTERDAY THAT THE
HE SAID YESTERDAY THAT THE
NATION MUST CONTINUE TO SPEND
NATION MUST CONTINUE TO SPEND
OUR WAY OUT OF THIS RECESSION.
OUR WAY OUT OF THIS RECESSION.
DOES THAT MAKE SENSE TO ANYBODY?
DOES THAT MAKE SENSE TO ANYBODY?
YES.
YES.
WE'RE GOING TO SPEND OUR WAY
WE'RE GOING TO SPEND OUR WAY
UNTIL MORE AMERICANS BACK AT
UNTIL MORE AMERICANS BACK AT
WORK IN THE PRISON SYSTEM.
WORK IN THE PRISON SYSTEM.
DEMOCRATS ARE TARGETING ABOUT
DEMOCRATS ARE TARGETING ABOUT
$70 BILLION FOR ANOTHER STIMULUS
$70 BILLION FOR ANOTHER STIMULUS
PACKAGE.
PACKAGE.
THAT WOULD BE GREAT IF WE HAD
THAT WOULD BE GREAT IF WE HAD
ANY MONEY, BUT WE DON'T.
ANY MONEY, BUT WE DON'T.
WHERE DO WE GET IT?
WHERE DO WE GET IT?
WELL, COME ON OVER TO THE
WELL, COME ON OVER TO THE
CHALKBOARD.
CHALKBOARD.
HOW ABOUT THE STIMULUS?
HOW ABOUT THE STIMULUS?
HERE IS THE STIMULUS AND HERE IS
HERE IS THE STIMULUS AND HERE IS
TARP.
TARP.
THIS IS FANTASTIC, REALLY.
THIS IS FANTASTIC, REALLY.
THEY HAVE ONLY SPENT ABOUT 30%
THEY HAVE ONLY SPENT ABOUT 30%
OF THE STIMULUS PACKAGE, OK?
OF THE STIMULUS PACKAGE, OK?
ONLY 30%.
ONLY 30%.
THIS IS WHAT WAS AUTHORIZED,
THIS IS WHAT WAS AUTHORIZED,
REMEMBER?
REMEMBER?
YOU NEED $7787 BILLION YES, BY
YOU NEED $7787 BILLION YES, BY
FRIDAY OR THE WHOLE THING WILL
FRIDAY OR THE WHOLE THING WILL
FALL APART!
FALL APART!
YEAH, YEAH.
YEAH, YEAH.
BUT THEY HAVE ONLY SPENT $237
BUT THEY HAVE ONLY SPENT $237
BILLION.
BILLION.
AGAIN, I DIDN'T WATCH A LOT OF
AGAIN, I DIDN'T WATCH A LOT OF
SESAME STREET, BUT I THINK THIS
SESAME STREET, BUT I THINK THIS
NUMBER IS SMALLER THAN THIS
NUMBER IS SMALLER THAN THIS
NUMBER.
NUMBER.
WHERE IS THE REST?
WHERE IS THE REST?
$550 BILLION REMAINING.
$550 BILLION REMAINING.
WHY DON'T WE JUST SPEND THIS
WHY DON'T WE JUST SPEND THIS
MONEY?
MONEY?
NO, NO, NO, THAT'S ALLOCATED.
NO, NO, NO, THAT'S ALLOCATED.
THAT'S ALLOCATED FOR LATER, NEXT
THAT'S ALLOCATED FOR LATER, NEXT
SUMMER, RIGHT BEFORE THE
SUMMER, RIGHT BEFORE THE
ELECTION, COINCIDENTALLY.
ELECTION, COINCIDENTALLY.
THE $700 BILLION FOR TARP THAT
THE $700 BILLION FOR TARP THAT
WE HAD TO PASS RIGHT NOW IT'S AN
WE HAD TO PASS RIGHT NOW IT'S AN
EMERGENCY OR THE WHOLE THING IS
EMERGENCY OR THE WHOLE THING IS
GOING TO COLLAPSE, THERE IS
GOING TO COLLAPSE, THERE IS
STILL $212 BILLION THAT WE HAVE
STILL $212 BILLION THAT WE HAVE
NEVER TOUCHED, JUST SITTING
NEVER TOUCHED, JUST SITTING
THERE, JUST SITTING THERE.
THERE, JUST SITTING THERE.
WHY DID WE NEED $700 BILLION?
WHY DID WE NEED $700 BILLION?
THAT'S WHERE THEY WANT THIS
THAT'S WHERE THEY WANT THIS
MONEY GOING.
MONEY GOING.
THEY WANT IT IN THERE IN A GIANT
THEY WANT IT IN THERE IN A GIANT
SLUSH FUND.
SLUSH FUND.
FIRST IT WAS TIM GEITHNER AND
FIRST IT WAS TIM GEITHNER AND
NOW IT WAS THE PRESIDENT OF THE
NOW IT WAS THE PRESIDENT OF THE
UNITED STATES, DON'T WORRY
UNITED STATES, DON'T WORRY
ABOUT, THIS LOOK, WE REPAID, I
ABOUT, THIS LOOK, WE REPAID, I
GOT RON PAUL ON IN A SECOND.
GOT RON PAUL ON IN A SECOND.
I WANT TO ASK HIM ABOUT THE
I WANT TO ASK HIM ABOUT THE
REPAID MONEY IN TARP.
REPAID MONEY IN TARP.
THE ONLY ONE, IF YOU READ THAT
THE ONLY ONE, IF YOU READ THAT
PESKY CONSTITUTION, THAT IS
PESKY CONSTITUTION, THAT IS
ALLOWED TO SPEND YOUR AND MY
ALLOWED TO SPEND YOUR AND MY
MONEY IS CONGRESS, BUT THERE'S A
MONEY IS CONGRESS, BUT THERE'S A
PATTERN HERE.
PATTERN HERE.
CONGRESS SEEMS TO HAVE CUT
CONGRESS SEEMS TO HAVE CUT
THEMSELVES OUT OF THE SYSTEM.
THEMSELVES OUT OF THE SYSTEM.
TIMOTHY GEITHNER, HE CAN JUST
TIMOTHY GEITHNER, HE CAN JUST
SPEND IT ANY WAY HE WANTS.
SPEND IT ANY WAY HE WANTS.
THE PRESIDENT, SPEND IT ANY WAY
THE PRESIDENT, SPEND IT ANY WAY
HE WANTS.
HE WANTS.
WELL, IF THEY EVER RUN OUT,
WELL, IF THEY EVER RUN OUT,
DON'T WORRY.
DON'T WORRY.
THEY GOT THE FED.
THEY GOT THE FED.
THAT'S A PRIVATE CORPORATION,
THAT'S A PRIVATE CORPORATION,
NOT A GOVERNMENT ENTITY, A
NOT A GOVERNMENT ENTITY, A
PRIVATE CORPORATION.
PRIVATE CORPORATION.
YOU SHOULD SEE, LIKE GOLDMAN
YOU SHOULD SEE, LIKE GOLDMAN
SACHS AND EVERYTHING.
SACHS AND EVERYTHING.
THEY CAN JUST PRINT MORE MONEY.
THEY CAN JUST PRINT MORE MONEY.
ISN'T THAT CONVENIENT?
ISN'T THAT CONVENIENT?
THAT'S GREAT.
THAT'S GREAT.
YOU KNOW, A GUY WHO THOUGHT
YOU KNOW, A GUY WHO THOUGHT
PEOPLE -- HE WAS OUT OF HIS MIND
PEOPLE -- HE WAS OUT OF HIS MIND
IN 1983 WHEN HE SAID WE HAVE GOT
IN 1983 WHEN HE SAID WE HAVE GOT
TO AUDIT THE FED.
TO AUDIT THE FED.
IT HAS TAKEN A LONG TIME FOR THE
IT HAS TAKEN A LONG TIME FOR THE
REST OF US TO CATCH UP TO HIM,
REST OF US TO CATCH UP TO HIM,
BUT RON PAUL IS NEXT.
GLENN: WE HAVE RON PAUL,
GLENN: WE HAVE RON PAUL,
CONGRESSMAN FROM TEXAS.
CONGRESSMAN FROM TEXAS.
HELLO, CONGRESSMAN.
HELLO, CONGRESSMAN.
HOW ARE YOU, SIR?
HOW ARE YOU, SIR?
>> I'M FINE.
>> I'M FINE.
THANK YOU.
THANK YOU.
GLENN: TELL ME THE LATEST.
GLENN: TELL ME THE LATEST.
YOU HAVE THIS BILL AND HAVE BEEN
YOU HAVE THIS BILL AND HAVE BEEN
TRYING TO AUDIT THE FED SINCE
TRYING TO AUDIT THE FED SINCE
1983.
1983.
TELL ME THE LATEST.
TELL ME THE LATEST.
THIS IS BREAKING NEWS.
THIS IS BREAKING NEWS.
>> YES, LAST WEEK WE GOT THAT
>> YES, LAST WEEK WE GOT THAT
PUT INTO THE REFORM PACKAGE,
PUT INTO THE REFORM PACKAGE,
WHICH IS A VERY, VERY QUOM
WHICH IS A VERY, VERY QUOM
COMPLEX GROUP OF REGULATIONS
COMPLEX GROUP OF REGULATIONS
THAT AREN'T GOING TO BE GOOD
THAT AREN'T GOING TO BE GOOD
FOLT ECONOMY AT ALL, BUT THE
FOLT ECONOMY AT ALL, BUT THE
GOOD PART OF THE AUDIT BILL GOT
GOOD PART OF THE AUDIT BILL GOT
PUT IN THIS, BUT TODAY, WE WERE
PUT IN THIS, BUT TODAY, WE WERE
SUPPOSED TO BE RIGHT NOW IN THE
SUPPOSED TO BE RIGHT NOW IN THE
MIDDLE OF A THREE-HOUR DEBATE
MIDDLE OF A THREE-HOUR DEBATE
FOR THAT BILL, AND THEN GO INTO
FOR THAT BILL, AND THEN GO INTO
THE AMENDMENT PROCESS TOMORROW
THE AMENDMENT PROCESS TOMORROW
AND FINISH IT UP TOMORROW, BUT
AND FINISH IT UP TOMORROW, BUT
ALL OF A SUDDEN WE WENT INTO
ALL OF A SUDDEN WE WENT INTO
RECESS, AND THEY ARE ARGUING NOW
RECESS, AND THEY ARE ARGUING NOW
IN THE RULES COMMITTEE, BECAUSE
IN THE RULES COMMITTEE, BECAUSE
SOME MODERATE DEMOCRATS SAYING
SOME MODERATE DEMOCRATS SAYING
THEY'RE NOT SATISFIED WITH IT.
THEY'RE NOT SATISFIED WITH IT.
THERE ARE SOME DEMOCRATS THAT
THERE ARE SOME DEMOCRATS THAT
THINK THEY HAVE GONE TOO FAR AND
THINK THEY HAVE GONE TOO FAR AND
THEY ARE GETTING A MESSAGE FROM
THEY ARE GETTING A MESSAGE FROM
SOME OF THEIR PEOPLE AT HOME.
SOME OF THEIR PEOPLE AT HOME.
GLENN: GOOD!
GLENN: GOOD!
>> AND THEY CAN WIN SOME OF
>> AND THEY CAN WIN SOME OF
THESE VOTES IF THEY'RE BROUGHT
THESE VOTES IF THEY'RE BROUGHT
TO THE NOOR.
TO THE NOOR.
OF COURSE, THEY WANTED TO BRING
OF COURSE, THEY WANTED TO BRING
THIS TO THE FLOOR WITHOUT ANY
THIS TO THE FLOOR WITHOUT ANY
AMENDMENTS OR VERY FEW, BUT NOW
AMENDMENTS OR VERY FEW, BUT NOW
THERE IS A LITTLE
THERE IS A LITTLE
REBELLION GOING ON AND IT'S VERY
REBELLION GOING ON AND IT'S VERY
HEALTHY, I BELIEVE.
HEALTHY, I BELIEVE.
GLENN: CONGRESSMAN, I WANT TO
GLENN: CONGRESSMAN, I WANT TO
ASK ONE QUESTION, AND I HAVEN'T
ASK ONE QUESTION, AND I HAVEN'T
HEARD ANYONE EXPLAIN THIS.
HEARD ANYONE EXPLAIN THIS.
A.I.G., THE INSURANCE GIANT, THE
A.I.G., THE INSURANCE GIANT, THE
TREASURY, GAVE MONEY, RIGHT, TO
TREASURY, GAVE MONEY, RIGHT, TO
A.I.G.?
A.I.G.?
>> RIGHT.
>> RIGHT.
GLENN: WE BAILED THEM OUT.
GLENN: WE BAILED THEM OUT.
>> RIGHT.
>> RIGHT.
GLENN: WE THINK THAT SOMEHOW OR
GLENN: WE THINK THAT SOMEHOW OR
ANOTHER THE FED IS FUNDING, SO
ANOTHER THE FED IS FUNDING, SO
THEY GAVE IT TO A.I.G., AND THEN
THEY GAVE IT TO A.I.G., AND THEN
WHAT HAPPENED WAS A.I.G. WAS
WHAT HAPPENED WAS A.I.G. WAS
GETTING PRESSURE, YOU GOT TO PAY
GETTING PRESSURE, YOU GOT TO PAY
SOME OF THIS MONEY BACK, SO WHAT
SOME OF THIS MONEY BACK, SO WHAT
THEY DID WAS THEY TOOK TWO
THEY DID WAS THEY TOOK TWO
COMPANIES AND SOLD THEM TO PAY
COMPANIES AND SOLD THEM TO PAY
THIS MONEY BACK THAT THEY GOT
THIS MONEY BACK THAT THEY GOT
BACK FROM THE TREASURY, BUT --
BACK FROM THE TREASURY, BUT --
SO THEY TOOK THAT MONEY FROM THE
SO THEY TOOK THAT MONEY FROM THE
SALE AND GAVE IT BACK TO THE
SALE AND GAVE IT BACK TO THE
TREASURY, BUT WHAT THEY SOLD
TREASURY, BUT WHAT THEY SOLD
THESE TWO COMPANIES TO IS THE
THESE TWO COMPANIES TO IS THE
FED.
FED.
THIS CIRCLE OF MONEY BEING
THIS CIRCLE OF MONEY BEING
FLUSHED IN A GIANT CIRCLE SEEMS
FLUSHED IN A GIANT CIRCLE SEEMS
LIKE A, OH, I DON'T KNOW,
LIKE A, OH, I DON'T KNOW,
SOMETHING YOU WOULD GO TO PRISON
SOMETHING YOU WOULD GO TO PRISON
FOR IF YOU TRIED THIS IN THE
FOR IF YOU TRIED THIS IN THE
PRIVATE SECTOR.
PRIVATE SECTOR.
WHAT IS GOING ON HERE,
WHAT IS GOING ON HERE,
CONGRESSMAN?
CONGRESSMAN?
>> WELL, SHENANIGANS WHICH MAKES
>> WELL, SHENANIGANS WHICH MAKES
THE POINT OF WHY WE NEED TO
THE POINT OF WHY WE NEED TO
AUDIT AND FIND OUT WHAT THE FED
AUDIT AND FIND OUT WHAT THE FED
DOES.
DOES.
ALSO, SOME OF THE BANKS ARE
ALSO, SOME OF THE BANKS ARE
PAYING THEM BACK AND DON'T WANT
PAYING THEM BACK AND DON'T WANT
RESTRICTIONS ON SALARIES AND ALL
RESTRICTIONS ON SALARIES AND ALL
OF A SUDDEN THEY'RE REALLY RICH
OF A SUDDEN THEY'RE REALLY RICH
AND PUTTING MONEY BACK, BUT WHAT
AND PUTTING MONEY BACK, BUT WHAT
THEY'RE PROBABLY DOING IS
THEY'RE PROBABLY DOING IS
BORROWING MONEY THROUGH THE
BORROWING MONEY THROUGH THE
DISCOUNT WINDOW OF LESS THAN 1%
DISCOUNT WINDOW OF LESS THAN 1%
AND THEY PUT THEIR MONEY IN A
AND THEY PUT THEIR MONEY IN A
TREASURY BILL OR SOMETHING ELSE
TREASURY BILL OR SOMETHING ELSE
MAKING A PERCENT OR TWO MORE AND
MAKING A PERCENT OR TWO MORE AND
ALL OF A SUDDEN THE BANKS HAVE
ALL OF A SUDDEN THE BANKS HAVE
REGAINED ALL THOSE LOSSES BUT
REGAINED ALL THOSE LOSSES BUT
LIKE YOU SAY, THEY HAVE CHURNED
LIKE YOU SAY, THEY HAVE CHURNED
IT AND IT IS MONEY COMING FROM
IT AND IT IS MONEY COMING FROM
THE FED, WHICH IS INDIRECTLY
THE FED, WHICH IS INDIRECTLY
COME COMING FROM THE TAXPAYER.
COME COMING FROM THE TAXPAYER.
GLENN: WHEN WE COME BACK, I WILL
GLENN: WHEN WE COME BACK, I WILL
EXPLAIN THIS
GLENN: BACK WITH CONGRESSMAN RON
GLENN: BACK WITH CONGRESSMAN RON
PAUL OF TEXAS WHO IS TRYING TO
PAUL OF TEXAS WHO IS TRYING TO
AWTDZ IT THE FEDERAL RESERVE
AWTDZ IT THE FEDERAL RESERVE
WHICH SHOULD BE DONE THEY WILL
WHICH SHOULD BE DONE THEY WILL
COME UP WITH ALL KINDS OF
COME UP WITH ALL KINDS OF
EXCUSES NOT TO DO IT.
EXCUSES NOT TO DO IT.
I WANT TO SHOW YOU THIS CHART.
I WANT TO SHOW YOU THIS CHART.
I'M SORRY YOU ARE AT A
I'M SORRY YOU ARE AT A
DISADVANTAGE, BUT IT IS DEBT
DISADVANTAGE, BUT IT IS DEBT
TRAJECTORY, DEBT TO G.D.P. AND
TRAJECTORY, DEBT TO G.D.P. AND
HERE IS LUXEMBOURG AND NEW
HERE IS LUXEMBOURG AND NEW
ZEALAND AND SWITZERLAND, AND
ZEALAND AND SWITZERLAND, AND
AUSTRIA AND GERMANY, FRANCE IS
AUSTRIA AND GERMANY, FRANCE IS
HERE.
HERE.
BUT HERE IS THE USA.
BUT HERE IS THE USA.
LOOK AT THE TRAJECTORY ON DEBT
LOOK AT THE TRAJECTORY ON DEBT
TO G.D.P.
TO G.D.P.
WE'RE NOW BEING TALKED TO ABOUT
WE'RE NOW BEING TALKED TO ABOUT
POSSIBLY LOSING OUR TRIPLE A
POSSIBLY LOSING OUR TRIPLE A
STATUS.
STATUS.
WHEN I TALKED TO YOU TWO YEARS
WHEN I TALKED TO YOU TWO YEARS
AGO, THREE YEARS AGO, EVERYBODY
AGO, THREE YEARS AGO, EVERYBODY
SAID THAT'S CRAZY.
SAID THAT'S CRAZY.
WE'LL NEVER LOSE T THEY SAID
WE'LL NEVER LOSE T THEY SAID
THAT A YEAR AGO, THAT THAT'S
THAT A YEAR AGO, THAT THAT'S
CRAZY.
CRAZY.
NOW IT IS STARTING TO LOOK MORE
NOW IT IS STARTING TO LOOK MORE
AND MORE LIKE A POSSIBILITY.
AND MORE LIKE A POSSIBILITY.
WHAT DO THAT MEAN TO THE AVERAGE
WHAT DO THAT MEAN TO THE AVERAGE
PERSON?
PERSON?
>> IT IS VERY SERIOUS AND IT
>> IT IS VERY SERIOUS AND IT
MEANS A WHOLE LOT THAT THEY
MEANS A WHOLE LOT THAT THEY
WILLING TO ADMIT WHAT HAS BEEN E
WILLING TO ADMIT WHAT HAS BEEN E
THE TRIPLE A RATING REALLY
THE TRIPLE A RATING REALLY
DOESN'T MEAN ANYTHING.
DOESN'T MEAN ANYTHING.
NOBODY REALLY INVESTS IN BONDS.
NOBODY REALLY INVESTS IN BONDS.
WHAT INDIVIDUAL WOULD BUY A
WHAT INDIVIDUAL WOULD BUY A
20-YEAR BOND SINCE THEY HAVE
20-YEAR BOND SINCE THEY HAVE
MONEY FOR THEIR KIDS AND IN 20
MONEY FOR THEIR KIDS AND IN 20
YEARS TO SEND THEM TO COLLEGE?
YEARS TO SEND THEM TO COLLEGE?
NOBODY DOES THAT, SO ALL THIS
NOBODY DOES THAT, SO ALL THIS
RATING IS A GIMMICK, AND IF THE
RATING IS A GIMMICK, AND IF THE
GIMMICKS CAN BE OVERCOME, AND
GIMMICKS CAN BE OVERCOME, AND
EVEN THE MOODY'S RATING SYSTEM
EVEN THE MOODY'S RATING SYSTEM
DROPS IT, THAT MEANS REALLY,
DROPS IT, THAT MEANS REALLY,
REALLY BAD NEWS.
REALLY BAD NEWS.
THAT MEANS THE DOLLAR IS IN BIG
THAT MEANS THE DOLLAR IS IN BIG
TROUBLE, BUT, YOU KNOW, THE WHOM
TROUBLE, BUT, YOU KNOW, THE WHOM
IDEA THAT THESE -- THE WHOLE
IDEA THAT THESE -- THE WHOLE
IDEA THAT THESE BONDS ARE REALLY
IDEA THAT THESE BONDS ARE REALLY
WORTH SOMETHING RIGHT NOW, IT IS
WORTH SOMETHING RIGHT NOW, IT IS
ONLY BECAUSE THE FED CAN MAKE
ONLY BECAUSE THE FED CAN MAKE
CREDIT AND MAKE DEALS WITH
CREDIT AND MAKE DEALS WITH
FOREIGN CENTRAL BANKS AND PUSH
FOREIGN CENTRAL BANKS AND PUSH
MONEY INTO BANKS AND SAY BUY UP
MONEY INTO BANKS AND SAY BUY UP
THIS DEBT AND KEEP THE INTEREST
THIS DEBT AND KEEP THE INTEREST
RATE LOW, AND IT IS ALL A
RATE LOW, AND IT IS ALL A
GIMMICK AND THEY'RE RAKING OFF
GIMMICK AND THEY'RE RAKING OFF
THE PROFITS.
THE PROFITS.
I'M SURPRISED THAT THE RATING
I'M SURPRISED THAT THE RATING
HADN'T GONE DOWN A LONG TIME
HADN'T GONE DOWN A LONG TIME
AGO.
AGO.
GLENN: LET ME JUST SAY THAT IF
GLENN: LET ME JUST SAY THAT IF
YOU ARE SUPPORTIVE TO AUDIT THE
YOU ARE SUPPORTIVE TO AUDIT THE
FED, CALL YOUR CONGRESSMEN,
FED, CALL YOUR CONGRESSMEN,
BECAUSE THEY ARE TALKING ABOUT
BECAUSE THEY ARE TALKING ABOUT
IT TONIGHT.
IT TONIGHT.
I WANT TO TALK ABOUT THE
I WANT TO TALK ABOUT THE
E.P.A.
E.P.A.
YESTERDAY THE E.P.A. CAME OUT
YESTERDAY THE E.P.A. CAME OUT
AND SAID IF YOU GUYS IN CONGRESS
AND SAID IF YOU GUYS IN CONGRESS
DON'T DO SOMETHING IN CONGRESS
DON'T DO SOMETHING IN CONGRESS
ABOUT CAP AND TRADE, WE WILL.
ABOUT CAP AND TRADE, WE WILL.
ISN'T IT TRUE THAT THE
ISN'T IT TRUE THAT THE
CONSTITUTION, YOU'RE IN CHARGE,
CONSTITUTION, YOU'RE IN CHARGE,
CAN'T CONGRESS JUST SAY, WELL,
CAN'T CONGRESS JUST SAY, WELL,
THEN, WE'LL JUST DISBAND YOU OR
THEN, WE'LL JUST DISBAND YOU OR
WE'LL CREATE A LAW THAT SAYS YOU
WE'LL CREATE A LAW THAT SAYS YOU
CAN'T DO THAT?
CAN'T DO THAT?
IS CONGRESS IRRELEVANT?
IS CONGRESS IRRELEVANT?
>> YEAH, THEY ARE, ARE BECAUSE
>> YEAH, THEY ARE, ARE BECAUSE
ALL HAWS ARE SUPPOSED TO BE
ALL HAWS ARE SUPPOSED TO BE
WRITTEN BY THE CONGRESS, BUT
WRITTEN BY THE CONGRESS, BUT
EVERY REGULATION WRITTEN BY THE
EVERY REGULATION WRITTEN BY THE
ADMINISTRATION FOR 100 YEARS,
ADMINISTRATION FOR 100 YEARS,
YOU KNOW, IS ILLEGAL AND
YOU KNOW, IS ILLEGAL AND
UNCONSTITUTIONAL.
UNCONSTITUTIONAL.
IT IS SO BLATANT.
IT IS SO BLATANT.
CONGRESS DIDN'T ACT FAST
CONGRESS DIDN'T ACT FAST
ENOUGH SO WE'LL WRITE THE LAW.
ENOUGH SO WE'LL WRITE THE LAW.
JUST THINK OF EXECUTIVE ORDERS.
JUST THINK OF EXECUTIVE ORDERS.
THOSE ARE LAWS, TOO.
THOSE ARE LAWS, TOO.
THEY ARE COMPLETELY
THEY ARE COMPLETELY
UNCONSTITUTIONAL.
UNCONSTITUTIONAL.
GLENN: CONGRESSMAN
GLENN: I DON'T KNOW IF YOU SAW
GLENN: I DON'T KNOW IF YOU SAW
SEAN HANNITY LAST NIGHT BUT I
SEAN HANNITY LAST NIGHT BUT I
WAS WATCHING THIS MORNING ON "
WAS WATCHING THIS MORNING ON "
FOX & FRIENDS" AND SAW THE
FOX & FRIENDS" AND SAW THE
CLIPS OF *** CHENEY.
CLIPS OF *** CHENEY.
WATCH IT TONIGHT AT 9:00 WITH
WATCH IT TONIGHT AT 9:00 WITH
SEAN HANNITY, AND THEN AT 10:00,
SEAN HANNITY, AND THEN AT 10:00,
ABC, BARBARA WALTERS, THE TEN
ABC, BARBARA WALTERS, THE TEN
MOST FASCINATING PEOPLE SPECIAL.
MOST FASCINATING PEOPLE SPECIAL.
THERE IS LADY GAGA.
THERE IS LADY GAGA.
THERE IS KATE GOSSELIN, SARAH
THERE IS KATE GOSSELIN, SARAH
PALIN AND ME.
PALIN AND ME.
I'M NOT REALLY SURE WHAT THE
I'M NOT REALLY SURE WHAT THE
CRITERIA WAS FOR THE LIST, OTHER
CRITERIA WAS FOR THE LIST, OTHER
THAN FOR THE FACT THAT WE ALL
THAN FOR THE FACT THAT WE ALL
WORE POPULAR HALLOWEEN COSTUMES
WORE POPULAR HALLOWEEN COSTUMES
THIS WEEK.
THIS WEEK.
FIND OUT DID GLENN BECK CRY OR
FIND OUT DID GLENN BECK CRY OR
NOT, BECAUSE REALLY THAT'S ALL
NOT, BECAUSE REALLY THAT'S ALL