Because there is no disaster which immediate, decisive, wrong action cannot make worse.
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February 3rd, 2009 
Because there is no disaster which immediate, decisive, wrong action cannot make worse.
39 Comments
flyingnsx
I came an listened to this commentary after it's 6 weeks old and my-o-my what has changed in 6 weeks. Such good wisdom for such a young guy is unusual in today's society. Do you have a crystal ball or what? No, I bet it's that time ... moreZHawkeye
Ron Paul is against the bailout, and he subscribes to a kind of economics which you didn't include in your two economic theories: Austrian economics (or Mises economics). Keynes was the guy that said "The government should pay people to dig holes in the ground and then fill them up." If you break a barber's window, you could consider all the jobs created (the guy that has to clean it up, the windowmaker...). Those jobs are the seen created jobs, but what you don't see are the jobs that would have been created had the barber been able to keep the money ... lots moreSam53
earlyer i ment to say sign anything that says we have to give $ to englandJennifer McKenzie
What? You're not going to mention how California is sending us IOUs instead of our tax return? --Government. The only way to make a crisis worse.--Soul Sister [22]
"I'm stimualted!" Hahahahahaha. Anyway, my big question is WHY this is still happening, why we've gone so far with all these bailouts and yet the average person doesn't seem to think they will actually help. I don't know many people who are excited about the bailout, but they are still ... moreFanOfAr
I've been watching these regularly ever since the one on California's Prop 8, and I've loved all of them, but this one finally made me register and post a message. This is so true, and well-said! I'm glad there are more people out there who really understand this ... moreOldGuy41
umm... Google Money Tree?pkw
Mark F I wrote my reps- Senators & House, and got similar responses. I basically told them you can't put out a fire with a blow torch, and that's all this "stimulus" is. I also expressed dismay at the appointments they've voted to confirm (I checked their voting record ... moreMark F [22]
Love, love, love this episode! Best one ever, by far. I'm glad you're challenging people to think about this 800 Billion dollar monstrosity. I mean, how can you even comprehend how much money that is? And, how much of it is really going to "stimulate" the economy? I agree we all need to think through this rather than pass it in a panic. The sad thing is, I wrote my senator in opposition to the bailout. The response I got was basically about how I am wrong, and "this is the worst economic crisis since the great depression and we have ... lots moreALEXANDER
Panic !!!!!!!!! :DJoesHawaii
Aloha Brett!!! Long time no see. Your show is amazing! But, its 1:30am and time to sign off... 10 episodes down, 13983 more to go.smmint2
Great show! One thing that really makes my blood boil is the public school system is and will be suffering more in this new bailout plan of the gover. What happened to the NO CHILD Left Behind Act! The children who are going through the public school system will not ... moremybell
Great show. Every one needs to see this, especially our government. Grace Bass, you can go to youtube and they have an option of posting any video on facebook. I sent it to all my friends. Thanks again for great showjthmsquee
That was an awesome video you guys. Keep up the good work.William Wallace
Good video as usual. But, you can take part of the blame, and distribute it to others, but my hands are clean.Kel [22]
graceofbass, you can always post the link... that's what I did. Making everyone watch it is much harder, because it requires some sort of mind control superpower :(Genesis
I love your videos =] thanks for the uploadspkw
I have to note, Glenn Beck today suggested he's for a limit to executive compensation is they accept bailout money on the condition that none of the employees including executives be paid more than the average annual income in America, $40-50k. I totally agree. I think that's an ... moregraceofbass [22]
/endrantgraceofbass [22]
Nice catch phrase. I wish there was a way for me to easily post this to Facebook and make everyone watch it. Also, check out Obama's economic stimulus plan. Even economists are begging him not to go through with it. Sure, it may look like spending money and creating jobs ... moreSam53
so why the heck did we sing anything saying that we have to give $ to england so its "fair" life isn't fairsteph {207}
Yes! You took my show suggestion =]. And well said! Loved the show! Truly did! One of the best I've seen. I totally agree with you guys and you took my thoughts and just said them out loud. Just in a better form. If only more people watched this show! ... moreMeandering {207}
This episode rocked! Everyone needs to hear this because the media isn't covering the "crisis" objectively. You guys are AWESOME!ItzMeRon
.....I now rave about this site! After seeing some of your shows, people will not wonder why.Nospinplease
O M G!!! I love you guys!! Not like i didn't before, but I love you guys more now! You guys should be on tv! Everyone needs to know of your ideas, and they can't call you one sided because yes both sides are to blame. Just like Global Warming.. ... moresocalcutie82 [22]
All I can say is AMEN!!! I don't get it, those of us who work hard, DON'T sponge off the welfare system and pay to raise our own children are going to be punished and get nothing...but if I was a deadbeat with lots of kids and no job, I'd ... moreScott
My favorite phrase to come out of this whole bailout monstrosity is "Spending our way out of Bankruptcy". . They are going to try and cap executive compensation at $500,000 if the company takes bailout money. 1) They shouldn't be giving bailout money anyway. 2) The government has no business telling companies how much they can or cannot pay people. It is an issue that is easy to demagogue, but wage and price controls are NEVER the way to go (see price ceilings and floors, Econ 101). . And any company that makes the argument "We ... lots moreKel [22]
Great show guys!Richard Davies
Haha! Loved the ending--perfect analogy.pkw
Bless you. I used to not care about anything politics. But then I realized when I'm not paying attention, our "leaders" are slowly enslaving us with debt, laws they put in place to "protect me from myself"....or else... and then not thinking through the rippling results of the ... morethorondor {207}
new t-shirt idea: because there is no disaster which immediate, decisive, wrong action cannot make worse.Drecon [22]
Wow high quality stuff today. Nice. Thanks guys.ItzMeRon
That was an awesome video! Great job. I agree.Curtis [22]
And by the way. Thanks for the reference back to the Carter Administration. That appears to be the point in history for a number of our current financial and foreign policy problems.Curtis [22]
WOW. Long show. Hit the nail on the head with that one. The bailout will be great, as long as they stop when they get to tanning salons and cigarette stores. Oh, who am I kidding? They won't stop until the printing press breaks, and even then they'll pay someone $10,000 per hour to fix it. Government never knows when to say when. The D's and R's will never truly admit they both are part of the problem, but they both claim to have THE solution. Laughable! And we the people get hurt. ... lots moreWEGGLES
The thing that pisses me off with the auto industry is that the people getting shafted aren't the ones in charge of making crappy cars that no one wants. I don't want to bail them out, but at the same time it sucks to leave so many screwed over. Maybe they should give the money to the popular brands (kia, toyota, honda etc.) to build new plants to employ the old big 3 workers. Looking at new American cars, it's not surprising that they aren't doing well. My dads cars stereo is a big piece of crap. Shuts off all the time, pre-sets ... lots morejakesomething
Hey, Titan Arts is now 2007- 2009 one year older, and wiser too!wx5aaa
Send a fax to all of your reps with a note saying this is our leader. please watch! www.whatyououghttoknow.com They dont read email anymore.linzj32
Amen! How can we make sure the U.S. Congress sees this episode of WYOTK?