Posted on 04/29/2010 2:19:03 PM PDT by Rufus2007
A $787-billion stimulus. Liabilities of $356 billion for the TARP bailout on the federal government's balance sheet. And that's in addition to other unfunded liabilities from federal entitlements like ObamaCare, Medicare, and Social Security.
But that doesn't mean the U.S. is heading down the path toward socialism because they were one-time expenditures, according to CNBC senior economics reporter Steve Liesman.
On CNBC's "Squawk Box" April 29, as jobless claims for the week was being released on the floor of the CME Group in Chicago, co-host Joe Kernen asked for Liesman's opinion.
...more (w/video)...
(Excerpt) Read more at newsbusters.org ...
Liesman is an idiot!
Liesman spent too much time at the Kremlin.
This is always the way with libs -
they take each incident as if it were isolated unto itself,
and refuse to acknowledge the overall pattern.
They did it with Hitler as he gobbled up country after country - “why should we die for Denmark?”, etc.
Liesman is a big government shill and apologist that makes excuses for any and every government program, be it TARP, be it the auto/union bailouts, be it quantitative easing (i.e. monetizing the debt), be it 0% interest rates.....Liesman is all for it.
LIES-MAN is a socialist, and the jury is still out if he is a full marxist or fascist. His comments are so looney that the few times I will even have CNBC on, which has been rare for the past 2 years, I have to mute it when he comes on. Otherwise, I’ll probably have to haul the TV out to the curb on trash day :-)
Liesman and Mark Haynes are a perfect storm of stupid.
I used to think the bimbettes at CNBC were dumb, but lately they have shown a lot more brains and understanding than Liesman and Haynes. The main exception would be the older priggish blonde who should retire.
With a name like LIESman he’s qualified for a position in the Kenyan’s mis-administration.
Ole Steve has a very large probiscus that is turning very brown and it is not because of suntanning.
Liesman, a commie who also is fluent in Russian, is an idiot! (there fixed it)
Of course. Once it reaches 100%, it can’t go any higher.
Fox Business
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