7 Responses to ““Bailouts and Bullshit,” Part One”

1. #1 |  bobzbob |  March 15th, 2009 at 1:09 pm

   About the time in this video that Stossel stands in front of the white house with a mega phone, even the most pot-addled libertarian should realize that this isn’t journalism, its a biased hit piece.

   The only coherent statement made by the panel of anonymous “economists” is that taking money out of the economy will reduce growth, true- but it misses the point that this is borrowed, not taxed money. HUGE difference that stossel knows his audience is too stupid to pick up on.

   His main economic point seems to be that Nancy Pelosi misspoke a couple of times.

   Pure hackery.

      --13
2. #2 |  Radley Balko |  March 15th, 2009 at 1:40 pm

   This was merely the introduction.

   And I don’t think Stossel has never disguised the fact that he has a point of view. He’s just more up front about it than most other TV journalists.

      +4
3. #3 |  DJB |  March 15th, 2009 at 6:32 pm

   “Pure hackery”

   Give me an example of TV “journalism” that isn’t.

      +0
4. #4 |  Les |  March 15th, 2009 at 11:59 pm

   His main economic point seems to be that Nancy Pelosi misspoke a couple of times.

   This statement is as inaccurate as you’re making Stossel out to be. It was a terrible, condescending and patronizing production in many places, but the piece on the stimulus was about much more than Pelosi’s gaffes.

      +0
5. #5 |  KBCraig |  March 16th, 2009 at 2:36 am

   My main disappointment in the full episode was Stossel’s mis-statement of the issue about private toll roads that were killed in Texas. Nobody objected to a private company buying land, building roads, and collecting tolls. Instead, we objected to the fascist economic model of public risk for private gain, the use of the power of the state to seize massive amounts of land by eminent domain, and the use of public tax money to build these roads with the intent of turning them over to a private group for guaranteed profit.

   I’m 100% for private roads, but “private” was not what we killed in Texas.

      +4
6. #6 |  Rick H. |  March 16th, 2009 at 4:45 am

   but it misses the point that this is borrowed, not taxed money.

   I’m no economist, but borrowing against future generations strikes me as obscene compared to the minor, casual immorality of taxation.

   Go ahead and tax people, and then we can see what programs they really support with their own bread. Don’t allow everyone to pretend there’s no day of reckoning for this endlessly bloated bubble economy. Someone, someday, will pay for the spending spree.

      +1
7. #7 |  Andrew Williams |  March 16th, 2009 at 5:46 pm

   BAM!

      +0

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