[VIDEO] Michelle Bachmann pushes Geithner and Bernanke too!

Bachmann: "Mr. Geithner, what provision in the constitution could you point to get authority for the actions that have been taken by the treasury since the March of '08"

Geithner:
GeithnerIdunnoLOL0109.jpg
 
They didn't have proper authority to takeover AIG but tookover 80% of it anyways?
 
Couldn't Bernanke theoretically have said "The Constitution doesn't apply to us because we're a private corporation, not the government"?
 
It's good to see other representatives asking these questions regardless of whether or not I agree with their political ideology 100%.

Thanks for posting this.

On a side note, Barney Frank makes me want to vomit every time I hear him talk.

Yes, he is one of the main voices of our downfall so to speak. Can't stand it. Pelosi and Hillary, same boat! Their voices make me cringe =)
 
I'm, not a big fan of Bachmann, but I appreciate the hard candy questions to these bloodsuckers.

She put them on the spot, she asked multiple questions, and you could tell they were uncomfortable answering them.

I would have liked an answer to her last question. Faggit Frank to the rescue of Turbo Tim at the end. :(
 
Did you all hear what the Treasury Secretary of the United States said? Listen closely at 3:08

Because of the absence of authority, your government was faced with no good options.

How do you take this comment? The question was, why wasn't AIG placed into receivership rather than conservatorship.

There is precedent for states to put Insurance companies in receivership. Basically the question boils down to, why did the FED in conjuction with the Executive branch overstep the constitution, the state of conn (where aig is incorportated), and its own authority to bail out AIG.

The question was a trap question, because if you listen to the answer, the Sec of Tres says that they didn't have the authority so they did the next best thing, which was to leverage the illegal Fed Reserve. There is a huge scandal brewing that goes to the top here.

And WTF does Turbo Timmy mean "YOUR GOVERNMENT"? Freudian Slip?
 
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