Glenn Beck rips Barney Frank, AIG, and Fannie/Freddie with Judge Napolitano

March 18th, 2009 12:21 am  |  by  |  Published in Andrew Napolitano, Bailouts, Banking, Big Government, Constitution, Debt, Economics, Free Market, government spending, History, Individual Responsibility, Liberty, Market Regulation, Maven Commentary, Taxes  |  2 Responses

Yesterday Glenn Beck put together one of his better monologues complete with a rotund Barney Frank white board drawing. He had Judge Andrew Napolitano sitting by for backup.

Beck explains why Obama and Democrats (like Frank) are using the art of political misdirection to push us away from the real problems we are facing. He does it in an entertaining and informative way.

Beck shows the history of AIG, Fannie Mae, Freddie Mac and the connections they have to the housing bubble assisted by the very members of Congress that today are crying foul.

I found myself earlier today yelling at my car radio that Obama and the Feds have no right to tell AIG to return their bonuses or tax them especially high. First of all, it’s unconsitutional (as the Judge points out). Secondly, where does the interference end? Apparently, once the bailout/nationalization door is pushed open it stays open. The government is the gift that keeps on giving. Unfortunately, the gifts that are being given are owned by us, not the government. There is another word for that: theft.

Watch Beck at his best below. It is in two parts (the embedded playlist should play both for you).

Responses

  1. Konrad says:

    March 19th, 2009 at 11:03 pm (#)

    I saw this show. It was great!! Also a very good explanation of what is going on. A very good eye opener for many, especially those who like to say 'It's all Bush's fault!'

  2. Jean says:

    May 17th, 2010 at 10:24 pm (#)

    Watched Glenn tonite re Franklin Raines and his venture into Cap and Trade…..
    Found myself screaming at the TV set, hands trembling, eyes bulging!!! How
    can this be happening in MY country!

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