Friday, September 26, 2008

Shumer Laughs At Idea of Selling the Bad Debt

Watch starting at minute 1:54 :

1) Shumer has no idea of how to get rid of the assets the government will buy (because the Democrats will never sell them)

2) He starts smirking and looking off to his right .. obviously the idea of a market mechanism to sell the $700B in mortgage loans is some sort of joke.

Dylan Ratigan should be commended for his earnestness but he needs to realize he is talking to a communist. It would have been a more interesting interview if Ratigan 1) asked what the hell Shumer was laughing about and 2) Asked about the $200 million slated for the radical communist organization ACORN which was embedded in the "deal."

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