Thread: Kashkari Accused Of Bailout “Bait and Switch” During Angry Hearing

Neel Kashkari, the fox appointed to guard the henhouse and front the multi-trillion dollar bailout, faced angry questions from Dennis Kucinich and Rep. Darrell Issa during a hearing today, as Issa accused him of playing a “bait and switch” game with taxpayers’ money.
All the major networks carried footage of the U.S. House subcommittee hearing this morning and aired Kashkari’s opening statement in full. But as soon as Kucinich and Issa were about to weigh in, the networks almost simultaneously cut the feed and moved on to a different story. Another example of how the corporate media is owned by the same elite that runs the Federal Reserve.
Kucinich accused Paulson and Bush of circumventing Congress by completely changing the destination of where the bailout money would go and refusing to disclose what had happened to $2 trillion dollars of taxpayer money, adding, “I think it’s fairly obvious that Congress would have never passed the [rescue plan] had it known how Treasury would marshal the resources it was given.”

Kucinich’s battle with Kashkari went as follows, according to a Washington Post blog report.

“I assure you the secretary is passionate about this,” Kashkari said.

“Passionate about what?” Kucinich said.
“About helping homeowners,” Kashkari replied.
“Where?” Kucinich asked, sarcastically. “What country?”
“We are using all the tools available to ease the credit crises,” Kashkari said. “Let me give you an example…”
Kucinich interrupted Kashkari and continued his harangue.
“Maybe this is a game to some people in the administration. They’re on their way out of office and they can do whatever they want,” said Kucinich who tried to launch impeachment proceedings against Bush. “Meanwhile, people are hoping against hope” for help with their mortgages.
Kashkari tried to explain why the $700 billion was not used to buy troubled mortgages, but Kucinich would hear none of it.

CONTINUED

Comment: got to love that Kucinich line "What country?" but don't worry, the bankers say trust us...we care.:dramaqueen:

Originally Posted by Robodoon

CONTINUED

Comment: got to love that Kucinich line "What country?" but don't worry, the bankers say trust us...we care.:dramaqueen:

I was watching this earlier, this guy...scratch that....this government is nothing short of an organized crime family. First the congress is threatened with martial law if they do not pass this bill, then to make it worse they are given a very short period of time to do it. There is no way this thing got read. Then the bankers in charge of the bailout tell the congress that the congress has not right to see or ask where the money is going. Kashkari this morning told them "you signed the bill" then tells them that within the bill there is a provision that tells them they have no business even asking. To top it off he said (paraphrasing) "hey if you didn't like the bill then you shouldn't have voted for it". Good God man, can it get any worse than this, err well, huh, it just keeps getting worse. Now they say, openly mind you, that the central banks run everything, so sit down shut up and take it!

Originally Posted by michaelr

I was watching this earlier, this guy...scratch that....this government is nothing short of an organized crime family. First the congress is threatened with martial law if they do not pass this bill, then to make it worse they are given a very short period of time to do it. There is no way this thing got read. Then the bankers in charge of the bailout tell the congress that the congress has not right to see or ask where the money is going. Kashkari this morning told them "you signed the bill" then tells them that within the bill there is a provision that tells them they have no business even asking. To top it off he said (paraphrasing) "hey if you didn't like the bill then you shouldn't have voted for it". Good God man, can it get any worse than this, err well, huh, it just keeps getting worse. Now they say, openly mind you, that the central banks run everything, so sit down shut up and take it!

Am surprised they didn't just call it the "Bend over" instead of the "bail out"

After hearing this guy, I can not for the life of me understand why the people are not in the streets demanding an end to the madness. It just kills me to see how these criminal bastards are robing America. It is so damn surreal. Its over folks when your government plainly states that they are going to do whatever they wish regardless.

Originally Posted by anonnymous

After hearing this guy, I can not for the life of me understand why the people are not in the streets demanding an end to the madness. It just kills me to see how these criminal bastards are robing America. It is so damn surreal. Its over folks when your government plainly states that they are going to do whatever they wish regardless.

Surreal is exactly what it is. The media treats these pigs like gods for Christ sake, and the masses just eat it up. You know something, right here on this very board, there are some that believe the federal reserve is run by the government, man the most basic fraud is reveled, they claim it is a conspiracy theory. .....and they wonder why I am not a nice guy, give be a break....

Originally Posted by Robodoon

Am surprised they didn't just call it the "Bend over" instead of the "bail out"

You would think they would be nice about it and supply some lube....

Originally Posted by michaelr

You would think they would be nice about it and supply some lube....

Or a reach around!

Originally Posted by anonnymous

Or a reach around!

I see a willful robbery going on here, and I don't know what they have planned but but I will go on record saying that this will not end quietly, it can't.

Originally Posted by michaelr

. . . First the congress is threatened with martial law if they do not pass this bill, then to make it worse they are given a very short period of time to do it. There is no way this thing got read. . .

And yet Congress is supposed to be a co-equal branch of government that can't be forced by the Administration to very much against their will.

I think that the best possible interpretation of events is that this was an action involving unprecedented amounts of money enacted by people with almost no understanding of how the economy, works, or that people suddenly handed vast sums may not feel obligated to do with them as the giver wishes.

Darker interpretations are of course possible. At the moment, the Administration and the Congress are reminding me of an inept crime gang that has been caught, and now each member is blaming every other member for leading them astray.

Originally Posted by anonnymous

After hearing this guy, I can not for the life of me understand why the people are not in the streets demanding an end to the madness. It just kills me to see how these criminal bastards are robing America. It is so damn surreal. Its over folks when your government plainly states that they are going to do whatever they wish regardless.

You're in front of the computer, aren't you?
Don't mean to insult you but your first sentence is your answer. You're all too busy bitching and moaning and feeling confused.
Seriously, I mean no disrespect.