This really concerns me. Why did Alan Grayson joint his committee if he has so little understanding of finance? Pandit is trying to explain, and does, how insurance works and Grayson doesn't seem to have a clue.
Who assigned Grayson to this committee? Poor show. At least get someone who can ask meaningful questions.
It's just like any kind of insurance you or I would buy, really. Like that kind of car insurance where, should I drunkenly drive my car into a wall, the insurance company buys my car for above market price, renovates the car, and then resells it on an overseas market, passing any profits on to me. I think it's what that anime chick is selling on TV.
It's more insurance along the lines of, "Oh crap, I'm five million dollars in debt with zero net worth and no job. Well, let's borrow two million from the government and then spend it all on PowerBall tickets. They'll totally be cool with that."
"Are you saying the number 29 is 30?"
I'm normally pragmatic and socially liberal, but thisbrings out the crazy conservative "I'm joining a militia" in me.
Those smug fucks.
Alan Grayson........................................................... ....Jeff Garlin
Hohohoho, fantastic. I thought Grayson was getting his ass handed to him and then he pulled it out. I'm not even certain what happened and I'm casting around for sharp objects and long poles.
Extra ghost stars for that wonderful necktie.
Does it make me a gay if I watch this video and feel angry that our congress has such poor taste in suits?
Wow, I can't believe Grayson let that little weasel talk down to him for so long before shoving it into his face. I wanted to beat the everliving crap out of him myself.
I'm a CEO. I want some of this rape the government, rape the economy and rape the people action. Where do I sign up?
Well shit, I'm not the CEO of a bank.
Don't forget to threaten to take down the entire economy if you fail; that's the key to "success" here.
Time for us to get some rope and find a good hangin' tree.
Well, it's been awhile since I RAAAAAGGGGGGEEEE'd that hard.
billion in Preferred Stock? What are we gonna do with all that crappy cologne?
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