Page 2 - Wreckless Behavior News Today

The bailout was a bad idea. its a silly thought, this notion of moral hazard. i agree with paul volcker that you have to separate investment banking so that banks arent threatened by wreckless behavior among traders and investment bankers, but people truly -- its funny. you had sam nunn on and it makes me long for the days where we had people that actually understood what they govern. these folks dont understand that the t.a.r.p. was a necessary by-product of something that took 25 years to buil...

Discovered that personnel were using weapons unsafely, improperly, inadequate supervisi supervision. >> reporter: flash forward to may have last year. in kabul black with your contractors with unauthorized weapons opened fire on afghan civilians they saw as a threat. the incident cost the u.s. military goodwill among some afghans and sparked a diplomatic incident. >> reckless behavior by cara van contractors helped set the stage. government oversight failed. and thirdly, blackwater broke the rul...

To pay down our national debt? >> weve got to stop this thing of telling states use it or lose it and it goes to somebody else. that encourages wreckless behavior. florida turned down money for a crazy train project which would not only cost money now, but cost tens of billions down the road and overruns in subsidies. lets reward good behavior instead of punishing it. if you dont use the money, you know it wont go to somebody else. has to go through congressional appropriations to be reaappropri...