Saturday, February 14, 2009

Worrisome video about our government

In this video of C-Span, Rep Paul Kanjorski (D-Penn, 11th District), the Capital Markets Subcommittee Chairman, explains the circumstances around the initial $700 billion bailout payment.

It is worrisome that he explains that he doesn't understand finance and he doesn't know what to do.

I don't think he would have admitted this except he was verbally attacked by an angry caller. It reminds me of what a wise man once told me: people always reveal more when they are desperate. In this case, Rep Kanjorski was desperate to defend himself. 

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