Bailout News: Craig Ferguson CBS Late Show about the bank bailouts

Video:  Craig Ferguson on the Wall Street Bailout

Comments

[MaryS]

I like Craig. I think it's his accent.

Firsty!

[Ain't Bullshittn']

Maybe if you look into the work of Harvard Professor-Kathleen Warren...you may get a little insight to WHY the middle class has been getting the SHAFT for 30 YEARS! Look it up! She was appointed on November 14, 2008 by United States Senate Majority Leader Harry Reid to chair the five-member Congressional Oversight Panel created to oversee the implementation of the Emergency Economic Stabilization Act.[5] The reports of the Panel are available at http://cop.senate.gov. Let's just break it down a little: SInce 1970-Housing costs up 76%, Healthcare Costs up 76%, Childcare Costs up 100%, Taxes up 25%. This is what has killed the middle class and has led us to the only means to an end for this cycle...SOCIALISIM. Economics do NOT work for these cost figures because average incomes have been STAGNANT. The only way for the Average Joe & Jane to eek out a meager living is to become HEAVILY dependent on the GOV'T. Oh, and by the way these numbers are based on a TWO income household. Americans had MORE quality of life, better educated children, and MORE discretionary income per capita than they do RIGHT NOW with BOTH working versus the ONE income 1970's family unit. That aint no bullshittin'!!!!!!!!