Whether you like him or you hate him -- from what I've seen, emotions seem to run high on both sides -- Fox News commentator Glenn Beck makes a pretty straightforward case about the folly of trying to "stabilize" home prices at current levels in the following YouTube video segment from his show, "Glenn Beck":
(Hat tip to The Cranky Banker.)






wtf? this guy rips charts off financial blogs and tailors it to fit the new republican agenda to fuck the poor sap who overspent. read between the lines. this guys a tool. the data is right, but its coated in the same old foxspeak. tool tool tool. why doesnt he say 'the banks should take the losses'. oh because hes a bitch to fox and he dare cannot say that.
Posted by: useless | February 28, 2009 at 10:23 PM
Yeah! If only those evil banks were taking huge losses. They deserve to write off hundreds of billions! This market has tanked and banks haven't felt the effects AT ALL!!! Democrats ROOL fox DROOLZ!!!!!!
Posted by: useless is smart | March 01, 2009 at 01:51 PM