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Bailout. Good Or Bad? (2 parts)

A discussion between Steven Lee and Peter Schiff, arguing about the pros and cons of the bailout on CNN.
10317says...

peter schiff called it years ago.if you paid attention to what he was saying in past tv appearances,he warned of our current situation almost verbatim.
notice how chicken little and the host both drowned him out?
now why would they talk over the man that up to FOUR years ago warned of this coming crisis?
you would think they would have the presence to SHUT UP and let the man talk.
why would people who got things so WRONG think they have any credibility in the present?
seems thats how things are done,not only in washington (im talking to YOU..neo-conservative retards) but also in the financial sector.
i recommend everyone to watch peter schiff's tv appearances over the past few years,so when we all hear how the financial sector had NO IDEA this was coming,we will know that is a blatant LIE.
they knew...they chose not to do anything because this bail out is by design,not function.
scary times folks..scary times.

davidrainesays...

I cannot stand this clip. There are few things more irritating to me than getting a couple of prominent figures in a room together only to have them try and shout over each other. Steven and Peter probably both have good points to make here, but thanks to the host doing nothing useful, all we get to hear is yelling. What a waste of time -- This is the same reason why Politically Incorrect annoyed me.

13093says...

I've heard enough apologists for the bailout. I wish that this moderator on CNN would've allowed Peter Schiff more time to explain his position. The bill passed by Congress won't be the last regarding the current financial crisis. We need more conversation on this crisis to allow informed consent on further legislation to mitigate the upcoming recession.

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