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Hank Paulson - Live 11:30 AM ET

Submitted by Michael Nystrom on Mon, 10/20/2008 - 08:48
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Broadcast live on CNBC, or catch it on CSPAN. Paulson will give more details on how the bailout will work.

NY Times: The Guys from Government Sachs

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Video link?

Submitted by bcochrum on Mon, 10/20/2008 - 16:06.

Does anyone know if the video of this has been posted online yet? I was at work and not around a TV this morning.

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“Educate and inform the whole mass of the people... They are the only sure reliance for the preservation of our liberty.” ~ Thomas Jefferson

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“Educate and inform the whole mass of the people... They are the only sure reliance for the preservation of our liberty.” ~ Thomas Jefferson

Abolish the Fed or it will

Submitted by oxen on Mon, 10/20/2008 - 12:59.

Abolish the Fed or it will abolish you.

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oxen

wouldn't it be nice.

Submitted by jgar on Mon, 10/20/2008 - 10:58.

if they gave the details before congress and the senate voted on it. hmm, great idea eh?

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Ron Paul 2012
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Oh, another scandulous check giveaway

Submitted by northstar on Mon, 10/20/2008 - 10:54.

I think it would be cool if a bunch of people got their checks and then we go stand in front of the Fed and have the TV stations broadcast as we tear up our checks to send a message this crap just aint going to work. I could use the money, but I know this is just another short term fix.

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Correction

Submitted by webpence on Mon, 10/20/2008 - 10:50.

Broadcast live on CNBC, or catch it on CSPAN. Paulson will give more details on how the bailout won't work.

Dr. Marc Faber now on Bloomberg

Submitted by speculor on Mon, 10/20/2008 - 10:44.

Of course he is saying the same as Dr. Paul, and is really a monetary specialist. I will look on the bloomberg youtube channel later for the full interview, or one can get it soon on their website, bloomberg.com.
He says the Fed is of course responsible for the bubble in ALL sectors with irresponsible and artificial low interest rates and now the whole market became deflated. He says even under a gold standard in the part there has been bubbles (e.g. capitalism can work and one can make money with a gold stanrdard), but this bubble only in one or two sectors of the economy, so when it deflates, it does not affect the overall economy negatively.

Bernanke BS

Submitted by herbrp on Mon, 10/20/2008 - 09:56.

When is Ron going to show the resolve and strength he did during the debates when responding to the attack on him questioning if he thought we should be taking our direction from Al Queda with regard to foreign policy in the Middle East when he blasted back NOOOOO!!! He needs to speak with some power with respect to the bailout and FED. Someone needs to create enough noise or a significant scene on the floor of this hearing that will capture all the MSN news since so few people are actually watching the live broadcast of Bernanke spewing his crap to protect the merchant bankers and their ilk.

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beephree

cool

Submitted by JoeDanger on Mon, 10/20/2008 - 09:45.

give me another stimulus check, so that i can buy more gold and silver!
"You are a den of Vipers.I intend to rout you out and by the Eternal God I will rout you out."

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For an informed citizenry, individuals must discard the television set in favor of the acquisition of information via either books and/or the internet. An uneducated populous will remain in ignorance and thus continue to suffer the sharp ax of tyranny.

More inflation!

Submitted by jcr@mac.com on Mon, 10/20/2008 - 09:44.

Bernanke just called for another "stimulus package". That guy is a one-trick pony. Actually, more like the back half of a pony.

-jcr

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"The problem with trying to child-proof the world, is that it makes people neglect the far more important task of world-proofing the child." -- Hugh Daniel

That's actually quite an insult

Submitted by RobT on Mon, 10/20/2008 - 13:28.

to the pony's back half!

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Ron Paul he's my hero!

Recession ?

Submitted by victory on Mon, 10/20/2008 - 09:37.

Another stimulus package to jump start the economy? You have got to be kidding me. How can anyone sit in that room with a straight face. LOL. It may not be such a good day for the market after all.