Page 243 - Methodology News Today

Taxpayers being in the hole to them is still a lot, a lot more than the administration is saying. they say, and we got a statement from them, that the charge that treasurys a.i.g. evaluation was done for political gain is pure nonsense, our calculations at a.i.g. are straightforward and we published this for all americans to see. why dont you see that? >>guest: that is a complete strowman argument. i am not accusing them of doing a calculation for political purposes. for them to say i am engagin...

Mines here, and he said, again, a two-hour delay and that is where we are right now, chris. >> is this state-of-the-art equipment and methodology is this something that we would be using in the united states if we have a mining disaster, something like this in the future? >> absolutely. it is designed with input of engineers around the world, including engineers from nasa who came down here. and as we see that red, white and blue, which are the colors of the chilean flag with the star there as w...

What is it going to take for people to stand up for liberty? look what is happening today. we have a government who is constantly lying to us now without any fear. look at us and go "these are not the droids youre looking for." the jedi mind set is not working on me. why is it working op everyone else? its the fault of both democrats and republicans when it comes to inflation. if i asked how is that inflation thing going? if you listen to the republicans or the democrats, or you listen to anybod...

Tarp and a.i.g. based on a complicated formula they went over with the auditors and was approved and six months ago that what projecting a $45 billion loss for a.i.g. second, october 5th, they changed the methodology, did a different way of calculating potential loss, and while they disclosed how they came to that number, they did not disclose the fact they changed the methodology. third, it is a fact they compared the old numbers and new without disclosing apples to oranges come -- compare sob ...

Making taxpayers feel better about a bailout that has been controversial. we have given almost $200 billion to a.i.g. and now we are essentially even steven on the deal. it is meant to sort of calm folks down and you say that is just not the case, right? >>guest: the problem is, if you put out a much more optimistic number which they did, they said we will lose $5 billion on a.i.g. and before we pro-hected -- projected $45 billion if you change the way you calculate that number it changed from s...

A different methodology on how it measured inflation. in the carter years, we didnt measure it the same way. they just kept changing the formula so they could look at you and say no, its only 1%. if we go back and use the same measurement we had in place in 1980, inflation today at zero, its 10%. that is a bit more alarming than near zero, isnt it? thats touted by the government official. near zero. why is it extra disturbing? november 3, the fed hits the weimar moment. they call it quanttative ...

>>neil: you are the inspector general if you want do look at their boxes, you have the power to do that, dont you? >>guest: that is what we did. >>neil: you looked at them. what didnt they provide you? immediately something was odd? >>guest: when you see a shift of $40 billion in six months you ask questions and the answer here is that at least in part the change was based on, an undisclosed change in methodology. >>neil: but you saw that methodology or did they hide it from you? >>guest: it was...

Special case, it is not just a bank but a large financial concern that has claws in a lot of different businesses so it is not like the other large rescues. would it be warranted in a different rescue case and a different way of computing that rescue. >>guest: if they want to say that i am not quibble. but if you are going to change it, disclose it. >>neil: you say they never did. >>guest: they say how they calculated the new number but did not say they changed the methodology and they did not s...

Were telling people that, you know, please be aware of your surroundings. if you see anything that may be remotely associated with this investigation and with these three individuals on the run to call their local law enforcement. were extremely concerned about the continued threat to public safety that these three pose. >> part of the methodology, the mechanism i would implement if i was in law enforcement leading this, id call on the resources of the national guard. if i really thought that th...

Have a plan for when they do. >> exactly. why would you not try to make sure you detonate -- you take it apart. but no, we have to wait until there is another incident and then the regulators will tool in there to fix it. no, you need to make sure these banks have either not enough, not as much leverage as they were allowed to have. i.e., have higher capital ratios, whatever the methodology is. you must cut them down to size. they cannot be allowed to get this big. and the ones that are this big...