Page 5 - Self Regulating News Today

Is the idea that financial markets are inherently self-regulating and should be left alone. >> youre absolutely right. >> maybe its alan greenspan. you know, not actually one of the big players in the movie, but if the villain is that idea hes the guy. >> somebody who pushed deregulation. its been a few years since this has happened. could it happen again? whats really changed to prevent what happened in 2008 from happening today? >> oh it absolutely could happen again. i think, in fact, one of ...

This period of very good growth, we would have been very happy. >> gregg: prices at the pump seem to have peaked 3.99 a gallon, they have been going down a little bit. so is there good news here, some of these high costs beginning to wane? >> fed chairman said most recent speech he did think the gasoline prices were about to peak. that is a real good indication, commodities are self-regulating. as the price goes up, it increases production and destroys demand. commodities go through cycles and t...

>> we have over 50 tlts in unfunded liabilities, medicare, medicaid, all unsustainable. i think we need to do something in connection with the decision to raise the debt ceiling. it deals with the debt. both medium and short-term, medium term and long-term. that what it would take to get my vote. >> a cnn contributor, secretary geithner said not raising the debt ceiling would be catastrophic for the economy. now, he concedes no one knows for certain what could happen in the event that ...

Very surprising. i have to say, one of the villains of the piece, really, is the idea that financial markets are inherently self-regulating and should be just left alone. >> youre absolutely right. >> maybe its alan greenspan. not actually one of the big players in the movie, but if the villain of that idea, hes the guy -- >> theres so much deregulation. its been a few years since this has happened. could it happen again? whats really changed to prevent what happened in 2008 from happening today...

some serious concessions from democrats. >> we have over $50 trillion in unfunded liabilities. all of them are unsustainable. we need to raise the debt ceiling -- both short term, medium term and long term. thats what it would take to get my vote. >> will cain is a cnn contributor. secretary geithner said not raising the debt ceiling would be catastrophic for the economy. he concedes no one knows for certain in the event that its not raised. are republicans willing to risk sending this...

Spends too much money, get control of the debt, the debt was a very serious problem but he controls the tools for that and of course it is policy that the fed is supposed to buy up debt and keep interest rates low and thats going to stimulate the economy. but if we didnt have that policy, thats the most significant policy change that we could have, is take away the power of the fed to buy the debt that congress create f they couldnt do that, the fed couldnt do that interest rates would go up and...

>> thank you, jacqui. if you blink, you may have missed this scandal. less than five hours after this picture went public, christopher lee resigned as republican congressman from new york. lee is married. this picture was not sent to his wife, but to a woman seeking a date on craigslist. you know what youre thinking. what was he thinking? human behavior experts dr. wendy walsh gave me her insight. >> sometimes people can be deluded with power and think theyre invincible. they could have an att...

Reason he wanted to get caught. he was looking for boundaries. people who arent good at self-regulating are often attracted to organizations, police, military, ministry, conservative politics, organizations with very strict rules and boundaries because they look outside of themselves to stop themselves. here he used his real name. its like he was asking to be caught. >> you dont think it was -- we call them horns, you think it was just him being a guy? >> a dog. >> a guy. >> hes like, hey, i loo...

Completely invincible and uncatchable, have an attachment injury and have the need for constant attention from many women or low self-esteem. >> it could just be lo bibido a testosterone. >> it might be but if he just wanted to get laid, he wouldnt have used his real name. maybe he had some unconscious reason to get caught looking for boundaries. people who arent good at self-regulating are often attracted to organizations, police, ministry, conservative politics, organizations with very strict ...

Sometimes people are deluded with power and think theyre invincible and uncatchable. they could have the need for constant attention from many women. they could just have low self-esteem. >> it could just be -- it could just be libido and testosterone. >> it might be. but the fact that if he just wanted to get laid, he wouldnt have used his real name. that tells me that maybe he had some unconscious reason he wanted to get caught. he was looking for boundaries. people who arent good at self-regu...