About This Video
Title:
Published: Wed, 29 Apr 2009
Description: When did our problems become 'emergencies'?
Automatically Generated Transcript (may not be 100% accurate)
" But here's the one thing the first hundred days that you're not going to hear the president talk about almost all of his accomplishments have been done like this. With red light go on its. An emergency. -- ever think. -- we need the emergency red lights please -- Do -- get the emergency red -- thank you. -- Yeah yeah. Now he can inherit tar. From the Bush Administration. We -- but the man took that ball and ran -- that I mean quick. Everybody into -- Tim Geithner had to be confirmed the great lady. People it's. Plus we have these 700 in what was it 787. Billion dollar bill and 1073. Pages nobody read the ball tolerated yeah. My. --"
" Had to be passed immediately. Well time to read it at all because. An emergency then we had the housing emergency Obama called for another 75 million dollars in government TARP money to save the housing sector. Crisis than the car emergency. Using the safe same exact excuse in the Bush Administration used. The Big Three. Too big to fail. So we handed over billions in financial aid we have the banking emergency that was continuing in the last hundred days we're waiting for the results now of the stress test. The Obama budget season need for another 250. Billion dollars for the banks this year. Then the swine flu emergency. We suddenly forgot about all the important questions we had asked judge Kathleen what's your face -- confirmed yesterday of the new health and Human Services Secretary why."
" I'm pretty sure a -- yeah this according to Chris Dodd he said quote. We find ourselves."
" In the midst. Other global crisis we have to confirm workweek don't think -- reaction -- the low. The problem ends when you're in an emergency you move without any kind of thought. You move. In this kind of light but it's eventually you out of turn up the lights again you've got to go back to the regular lights and then you see what kind of -- left where. You see that action without thought results and unintended consequences the AIG executives find angry mobs outside their homes TARP money just disappears into thin air the CEO of GM is fired by our president and -- he appears to be head hunting. For the chief of Citigroup. Did anybody anybody within the sound of my voice email me please I want to meet you. Anyone wake up the day after we bail out the car companies and -- okay now we only 89%. Of them the taxpayers the federal government. And they unions now on the majority of these companies did anybody go off well she's. -- the government of the unions are in charge dump all GM's fixed. Could be turning out -- cars any day now. No. The decisions were made in the light of an emergency. Turn the light off stop thinking clearly we need to remove. The emergency take a deep breath -- emergencies. Are really only problems. Some of them aren't huge problems. Every president every generation's had to face them. They always will. But when every problem is looked at as a crisis -- We will soon find that we are trading one set of problems for error. And those problems could have been avoided had we thought things to rule. Let me. Let me go crazy on you for a second. -- that part -- saying. You remember this scene from Indiana Jones and Raiders of the Lost -- watch this. -- That's that's where Indiana Jones. You know there's space and he's our hockey game -- back here tomorrow. The other side. Maybe I'm just well okay he's -- Thank goodness all somebody -- yards. Are you doing man. We're running from the big -- crisis and emergency in fear we -- company -- were too big to fail so now five years down the road GM is pandering to the government churning out cars and nobody wants but they're very very green and the company still can't turn a profit. That is that somebody right there in the jungle and he Indiana. You're dead. Relax. Thing. Move with some reason and he'll be involved in the decision."
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