Forbes on FOX..

itshappening

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wow, this is great... calling Bernanke Helicopter Ben, he's failed, he can't print more money... etc
 
he had a great few minutes but then finished up saying "something must be passed" :( but he did speak about the Federal reserve and printing money for 13 months and not working!
 
yet on Cavuto today he was saying he was for this bill. Cavuto was pretty much saying your crazing, but I like you. The next guy Cavuto interviewed said the same thing along with saying Forbes dad would be turning in his grave if he knew what he was saying about the gov't. bailing out these companies.
 
Steve Forbes and Newt Gingerich were both good actually. Forbes talked about the devalued dollar and briefly touched on something Newt mentioned. Newt talked about changes to an accounting method called, Mark-to-Market as something that could be done with a stroke of a pen by Christopher Cox (SEC Chairman). A change in this accounting method would help value (securities??) and bring liquidity to companies that need it. It seemed like an easy way to help the markets without a bailout, which could take place immediately.

Newt also mentioned an appearance of impropriety with Henry Paulson (former CEO of Goldman Sachs) bailing out AIG with $85 Billion, while Goldman Sachs held a 20% share in AIG. Current CEO of Goldman was in attendance at the private meetings where this took place, along with Paulson. About the same time, Lehman was allowed to fail.


FF
 
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Forbes was saying that he wanted a bill.
Whats great about that?

Correct the first post says he is calling Bernanke names yet is turning around and saying we need this bill. Looks like he would be good friends with Ben. Or maybe not. Just thought Forbes would be against something like this.
 
That was a great interview, look at the one after it too. Neil is starting to come around. Hell he even called Paul an "economic genius" this week. The more I hear Cavuto the more I like! Lets encourage him to have Peter Schiff or Dr. Paul on sometime soon.
 
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