Charlie Rose has been chanting more GOP horseshit again (yeah, so what else is new?)

[Bill USA]

... since the ACA website has had such problems getting started, Rose has been reciting with untempered glee, "I guess this shows the Government can't do big complex tasks," -- implying the private sector can.

Well, gee charlie you mean big complex tasks like, ohhhhh sending a man to the moon (and doing it in LESS than 10 yrs from concept to accomplished fact?, or something like ohhhh, the manhatten project???

Of course, private industry is tops at handling complex tasks like, oh say the Financial Collapse of 2008 (OH I FORGOT THE GOVERNMENT PREVENTED A TOTAL COLLAPSE FROM HAPPENING BY BAILING OUT THE BANKS ASSES!). Yeah, those banksters were SOOOOO MASTERFUL IN HANDLING CREDIT DEFAULT SWAPS. So masterful they needed the Government to come in and catch them before they caused a worldwide economic disaster.

Of course you might say I am picking on banks and mentioning a rare event as evidence.... ah, but bank crises are not that rare and that is why Franklin Roosevelt set up the Federal Reserve, because it was clear to any rational person (that leaves out Mr. Magoo - Alan Greenspan and M. Friedman) that businessmen (incl. bankers) can not be trusted to control themselves when handling other people's money.

Bank Crises - Wkipedia
http://en.wikipedia.org/wiki/List_of_banking_crises

Panic of 1819, a U.S. recession with bank failures; culmination of U.S.'s first boom-to-bust economic cycle
Panic of 1825, a pervasive British recession in which many banks failed, nearly including the Bank of England
Panic of 1837, a U.S. recession with bank failures, followed by a 5-year depression
Panic of 1847, United Kingdom
Panic of 1857, a U.S. recession with bank failures
Panic of 1866, Europe
Panic of 1873, a U.S. recession with bank failures, followed by a 4-year depression
Panic of 1884, United States and Europe
Panic of 1890, mainly affecting the United Kingdom and Argentina
Panic of 1893, a U.S. recession with bank failures
Australian banking crisis of 1893

20th century[edit]
Panic of 1907 a U.S. economic recession with bank failures
Great Depression, the worst systemic banking crisis of the 20th century
Savings and loan crisis of the 1980s and 1990s in the U.S.
1998 collapse of Long-Term Capital Management

Oh and Charlie, please knock the dust off your knees and clean yourself up, when you come out of script meetings with your GOP handlers, would you.

http://www.charlierose.com/watch/60293244

[rickford66]

1. "that is why Franklin Roosevelt set up the Federal Reserve" ?

Major factual error. But your post is correct in that Charlie Rose is a pompous windbag similar to George Will.

[IrishAyes]

2. This is sad; I'm old enough to remember when Charlie started out as liberal enough to get in trouble

for it. No more, apparently. Maybe he's getting senile?