Rahm Emanuel (!?) Makes the Case for Ending Corporate Bailouts
Morgen on March 27, 2009 at 11:11 am
Found deep within the CSPAN archives, take a look at this video clip from 2006 as Rahm Emanuel makes a very compelling moral AND economic argument for ending the corporate bailouts:
Yes, he is talking primarily about corporate tax subsidies, but what are the bailouts if not corporate welfare on steroids?
Exit questions:
1. How far Left is our President when Rahm Emanuel from 2006 actually sounds like a conservative?
2. Didn’t the President’s Porkulus bill pretty much dismantle Clinton’s welfare reform that Emanuel speaks so proudly of in this clip?
John Adds: What happened to his concern for distorting the market and “picking favorites.” Haven’t we be doing a lot of both recently?
Category: Economy |
BUT EVERYTHING CHANGED BECAUSE THE WHOLE THING WAS GONNA COLLAPSE! AND THEN NO MORE MOCHA LATTES OR WATCHING AMERICAN IDOL; I’D BE OUT IN THE GARDEN OR THE CHICKEN COOP OR HANGING WIT MY P’S AGAIN! F DAT!
March 27, 2009 @ 4:00 pm[...] Who’s this sharp moderate, praising welfare reform as one of Bill Clinton’s greatest achievements and a “wildly successful” program? Who is the man arguing that government distorts markets, picking artificial winners and losers, when it sends massive taxpayer subsidies to assist private corporations? Shouldn’t we have a man like that in the Obama administration now to push back against the bailout mentality and the dismantling of welfare reform? Oh, wait … [...]
March 28, 2009 @ 7:15 am[...] welfare and for taking pride in welfare reform that took place during the Clinton years. Now the same man thinks that corporate bailouts (same diff as corporate welfare, aren’t they?) [...]
March 29, 2009 @ 6:50 pm[...] Obama’s enforcer, in a 2006 interview (thanks to verum serum), panned corporate welfare and bailouts because they “pick favorites” and hinder the [...]
April 1, 2009 @ 8:21 am