Thom Hartmann: Should CIT be relieved of their bailout loans from taxpayers in bankruptcy?

[CherylK]

Run time: 07:38 https://www.youtube.com/watch?v=dNXKdRc7MtE   Posted on YouTube: November 03, 2009 By YouTube Member: Views on YouTube: 0   Posted on DU: November 04, 2009 By DU Member: CherylK Views on DU: 683

 

[Stumbler]

1. Yes

[zentrum]

2. Biggest upward movement of wealth since

....the country began. Thom Hartmann...brilliant as always.

[GreenTea]

3. Always great to see segments of Thom Hartmann's show on DU - Always

interesting and informative as well as knowledgeable especially if one loves historical politics & facts as I do.

[Why Syzygy]

4. I probably agree with

his sentiments in this instance. But since he is calling for witch burnings for differing opinions, I will unrec his threads. I'm a hard ass.

[Overseas]

5. Beautiful Thom Hartmann !! K&R.

I've gotta hit replay.

[Overseas]

6. The pre-Reagan days when universities in California were practically free

versus current times of reforming bankruptcy laws to prohibit scholars escaping from the hundred-thousand dollar student loans they carry out of school.

I love the way he asks us to think about these things. His optimism is a more pragmatic one-- look at these examples from our past-- we need not continue our current predatory practices-- there was another way.

And there is Chancellor Angela Merkel, reputed conservative, applying their bailout funding to preserving jobs, keeping people employed, knowing their spending will keep things from sinking too far, and job saving subsidies will also save your fellow citizens in times of economic upheaval.

So she's a conservative in the old=fashioned sense-- a pragmatist. Saving jobs works. Let's do it. Labels are irrelevant. Empirical evidence exists.

So ditto for the USA. Sorry folks there's no way around it-- FDR did many great things we really need to do again, with slight tweaking. I really really think so. Do we need a Civilian Conservation Corps or not already? Copenhagen's coming; let's get retrofitting and be a bit ahead of the game. (Sadly, The Game is actually getting one of the Most Wasteful Top Ten on Earth to change its ways. So hey, let's start it as a jobs program-- something in all 50 states-- retrofitting and neighborhood energy resource development. Power dispersal. I remember the wonderful "End of Suburbia" warning us about power centralization and the joy in decentralization. And the Who Killed the Electric Car DVD too-- the threat was in independent power resources.

So yes please, President Obama, let's go with a 350ppm way before 50 years have passed. Let's go FDR on the country-- and just say, Lookie Here, like Ross Perot-- Lookie here-- put people to work and they buy stuff and the markets survive. Put them to work on the mountains of deferred maintenance in our nation's infrastructure and even in our homes-- retrofitting required. We need that glorious CCC Civilian Conservation Corps now more than ever!

I love my Thom Hartmann because he reminds me that we could be having so much more fun. The Green Transition we need so desperately could be a lot of fun. Urban gardening and such.

And speaking of Fun-ding
Arts funding is such a good deal for the government. Toss them a pittance and you get great entertainment and thousands off the dole. Performers and artists will work for a pittance and share their love with others who can learn how to love life through creating, performing and celebrating rather than consuming.

Thanks, Thom, for some provocative questions, as always. Miss you lots as I've started back to work.

I adore Thom's pragmatic optimism-- it's not like we're advocating pie in the sky-- there have been times in which we tried these things that made our hearts melt and open up. What was that again? Liberté, egalté, fraternité, was it?