Page 528 - Arguing News Today

Video about why federal regulations are good. the agencys press release about the contest notes, almost every aspect avids life is touched by federal regulations." wait that is supposed to be good? tennessee congresswoman marsha blackburnç is outraged and vowing to make an unorthodox entry into the contest highlighting how regulations can be harmful. she wrote a letter to the anointed one arguing against the use of taxpayer dollars as prize money in an era of ever mounting debt a $2500 prize...

Asian americans on the court. >> i dont think the ethnicity should be a primary thing. really, it requires good judgment. i believe a good judge has to have real experience in the legal world. they dont have to be a judge, but i dont think we want a politician. we dont want somebody who has been maybe a part time lawyer and a politician, that kind of thing. i think we want somebody who has been experienced arguing before judges, practicing law or actually serving on a burj and they have a record...

Afterwards. >> that is $380 billion that pay be needed in a bail-out. >> bret: charles? >> what is so ironic about this, it doesnt really matter in the end what is in the bill. you can structure it anyway you want even if you have a fund of $50 billion. that wont make a difference. we saw in october 2008 that you needed hundreds of billions, trillions from the fed to bail out the system. so that is only a thimble. the point is everybody understands if the financial system is at risk, major insti...

Afterwards. >> that is $380 billion that pay be needed in a bail-out. >> bret: charles? >> what is so ironic about this, it doesnt really matter in the end what is in the bill. you can structure it anyway you want even if you have a fund of $50 billion. that wont make a difference. we saw in october 2008 that you needed hundreds of billions, trillions from the fed to bail out the system. so that is only a thimble. the point is everybody understands if the financial system is at risk, major insti...

Eliot spitzer argued today that it was not a coincidence. and its going to make a big difference in the senate debate. let me go back to what michael was arguing. the big question is goldman sachs says okay, we may worked with paulson, but we bet against paulson and we lost $19 million doing that. michael says i dont think that happened. but it does seem to me thats the most material fact to learn. because it just would be hard to believe that goldman sachs would intentionally defraud itself. >>...

Now lets bring in senior political analyst david gergen and alexis glick who once worked as an analyst at goldman sachs i should point out. david, how political is this? i mean, is this just a coincidence? this is happening on the eve of, you know, debate over financial regulation? >> i do think its suspicious. i think the timing is probably not a coincidence. eliot spitzer argued today that it was not a coincidence. and its going to make a big difference in the senate debate. let me go back t...

Lewis, author of "the big short." david gergen and alexis glick who once worked as an analyst at goldman sachs i should point out. david, how political is this? i mean, is this just a coincidence? this is happening on the eve of, you know, debate over financial regulation? >> i do think its suspicious. i think the timing is probably not a coincidence. eliot spitzer argued today that it was not a coincidence. and its going to make a big difference in the senate debate. let me go back to what mich...

For 32 hours at an airport coming back from egypt. my insurance covered me, because it was a weather delay. >> covered you for putting yourself up? >> travelers insurance. whether or not travelers insurance covers you for this, an act of god, ill tell you tomorrow morning if im still here ill come back with an authoritative answer on what that means. >> it is such a small fee thats tacked on to your airline bill, you can click it but most people say, my flight will be fine. im not going to worry...

Come close again to the avalanche way point and now we are arguing, people say this is nuts. this area here, this is all libertarian zone. and, everybody says, libertarianism, you cant do that, that is crazy. yes, you can. you just need to be responsible. and you need to know we cant shut down the military and everything. you cant do that. it has taken us 100 years to create a government that is just about here. you cant just in one day create a vacuum on the entire planet and say, oh, were movi...

Come close again to the avalanche way point and now we are arguing, people say this is nuts. this area here, this is all libertarian zone. and, everybody says, libertarianism, you cant do that, that is crazy. yes, you can. you just need to be responsible. and you need to know we cant shut down the military and everything. you cant do that. it has taken us 100 years to create a government that is just about here. you cant just in one day create a vacuum on the entire planet and say, oh, were movi...