Charlie Rose

tramky  11/10/2008 04:58 AM Report

I'm pretty tired of this left-wing nonsense regarding impeachment of Cheney & Bush. What a load of crap! It is more than crap, of course--it is shameful!

There is absolutely no justification for consideration of impeachment. Period.

As for Alan F's questions regarding mortgages, securitized mortgage and some special program for soon-to-be-retirees, my views are:

- the mortgage crisis stemmed originally from defaults by homeowners on loans, which started a vicious cycle of defaults and declining home values due to the increase of defaulted/foreclosed homes on the market.

As for the securitized mortgages, there was nothing wrong with the concept per se, except that the underlying actual values were either unknown or were pumped up by overaggressive brokers and other marketers.

I have no doubt that there was intentional fraud mixed in with all this, but the fact remains that it was the push to make home mortgages available in huge numbers to borrowers who had no financial business getting into any kind of debt service situation was the primary, underlying cause of the mortgage crisis and the massive decline of home values.

Mortgages with little or no down payment really aren't mortgages at all, in the commonlyu understood sense. They are more like leases, except there is really no penalty for defaulting. Since no money was invested by the borrower, their mortgage payment was more like rent--they had no equity to protect and therefore had no motivation to keep up with payments when their financial situation worsened, when interest rates jumped as the result of their ARM loans, or if they lost their job.

This was a failure of politically motivated government policies and overaggressive mortgage marketing practices. Combined with the lack of job security and declining real wages in the United States caused by globalization, outsourcing and offshoring, the value of pretty much everything in the United States has been gutted at a time when the baby-boomers are retiring.

This is another example of this kind of stuff--that something is worth only what someone is willing to pay for it. When the market for something fails, valuations decline and we end up in the current situation.

Whether this was all an intentional mass manipulation of markets remains to be seen, but I don't know who or what will conduct such an investigation. But I find the quickness with which this so-called crisis was defined for us to be suspect.

Karen   10/22/2008 06:33 PM Report

We continually see so many intelligent people on this show. Our nation is full of outstanding, successful leaders. How does the bitter, partisan, selfish and unintelligent Nancy Pelosi go so far and gain influential places in our government? It is clear that politics is a dirty business.

ONE MORE TIME FOR THE SLOWBALLS... READ MY LIPS IF YOU HAVE HALF A BRAIN  10/22/2008 03:00 AM Report

N.P. could not answer a question HONESTLY or FACTUALLY if her freeking little life depended on it. She is leading her lovers down the road like a pie eyed piper. What a bunch of aimless rats... ANYONE WHO SAYS THEY LIKE PEEEELOUSY WHEN SHE F'S AROUND TELLING THE U.S. VOTERS THAT THE PROBLEMS WITH THE ECONOMY ARE THE FAULT OF THE PRESIDENT IS A TOTAL 110% _ _ _ _ _ _ _ (you fill in the blanks). I HAVE NEWS FOR ALL OF YOU WHO LOVE THIS TWIT - CONGRESS... I REPEAT... CONGRESS... MAKES ALL THE LAWS AND REGULATIONS AND FORMS ALL THE REGULATORY OFFICES AND ORGANIZATIONS (SUCH AS FANNY & FREDDY & THE FED & SEC, ETC.)... NOT THE PRESIDENT. AND CONGRESS PASSES ALL BUDGET BILLS AND SPENDING BILLS INCLUDING THE B.S. BAIL OUT REBATE PLAN THAT FAILED TO DO ANYTHING (except help re-elect morons like PEEEELOUSY) AT GREAT EXPENSE AND NOW THE $700 BILLION SHE ACTS LIKE IS THE FAULT OF THE PRESIDENT. SHE IS THE BIGGEST, DUMMEST _ _ _ _ _ _ _ (you fill in the blanks) ON THE PLANET EXCEPT ALL THE CALIFORNIA VOTERS WHO ELECTED HER TO BEGIN WITH. YOU ALL GET WHAT YOU DESERVE. KEEP VOTING DEMOCRAT AND KISS THIS COUNTRY GOOD BYE.

Response to few of the comments  10/20/2008 12:37 AM Report

TABS: I always read what you have to write, and I enjoy reading your thought. However, your last writing is like hit-and-run Taliban style, most of the "Liberals" you mock are well versed and well read, you may out slang'em but you cannot out think'em. Your last post was a bit harsh, because President Obama :wink-wink: will not 'withdraw troops without precondition' like you claim. He has shown precise judgment in the past on the Iraq war; he will employ the same judgment to gauge the situation as he orders withdrawal. There's less frequent confrontation at the moment and fewer troops are getting harmed, which is an indication that sustainable stability may be right around the corner. Fortunately, for both candidates more so for Senator Obama; the economy is so bad at the moment people won't care about Iraq or Afganistan as much as they used to. I do not blame them, when one is confronted with losing the only home s/he has; no one gives a crap about who is doing what to whom in Iraq or Afganistan. In the mind of many pundits this election is about what Obama says or what McCain says, but to the average American this election is about his/her home or their family's home or friend's mortgage. This election will be contested on the economy, and from the looks of it the Republicans have dug themselves deep in the hole they will be lucky to get the chance to run America even after two Democratic tenure. I have tremendous respect for Madam Pelosi; she is a clever politician who understands the difficulties of the next president.

_____________________________________________________________________________________________________ ________________________________________________________________ Joan Clementi: I swear, I feel exactly the opposite. I consider Mr. Rose more of a conservative in his views and gives a lot more free ride to conservatives. Just because he is from New York or Boston does not make him a "liberal" although nowadays anyone from New York or Boston is considered a "liberal," irrespective of his/her political stand. Sometimes I wish I had some sort of remote control zapper to zap Mr. Rose thru the TV screen every time he gives a free ride to conservative guests. But then again he would not survive to do his conversations due to many zapping he would get from me for all the free rides. All in all, I finish his program satisfied with the conversations despite all the free rides to conservatives.

_____________________________________________________________________________________________________ ________________________________________________________________ Neil MacCallister: Senator Obama gave you an indication who he is looking at for treasury position, Mr. Buffett, and there are just as qualified names available in the Democratic gene pool. All you have to do is go out and vote for Senator Obama. With respect to education, money is another factor to keep teachers motivated and keep the good ones from changing jobs because they feel they are worth more. Parents or legal guardians are key to student success. Sometimes we have to be brutal with facts, for instance America spends a lot more per capita on health care and we are not better off for the money spent. Other nations like Europeans, Canada, and Japan spend less than we do and their citizens are covered.

_____________________________________________________________________________________________________ ________________________________________________________________ Lau Pan: I enjoyed reading thru the story about Ghandi and Mao Zedong, both are very inspiring and have meaning in the present US election. Most of the time we hear very little about other countries leaders and their achievements, its very important for American audience to be exposed to other nation leaders. The unfortunate thing is majority of Americans do not even know about Canada or Mexico mush less to think or learn about other parts of the world.

_____________________________________________________________________________________________________ ________________________________________________________________ Flatiron: an excellent point, only people with mining knowledge understand those things, the average American driver does not even know where gas for his/her comes from. They just want fill up the tank and rive off, I once met a young lady who has no idea about the over heating engine she would have died if she had driven it a little longer, the engine was bone dry and smoking she was driving around wondering why there is white smoke. Telling that girl about methane gas is talking about planet krypton.

_____________________________________________________________________________________________________ ________________________________________________________________ Rene: you sure have a clear understanding of American politics, GOP is nice only in name and definition the main actors are all zealots, it seems the farthest lefty is President Jimmy Carter in recent history of the Democratic party. GOP is under siege from all corners, although I would consider Senator McCain to be an independent minded, but choosing a far right for a running mate would disqualify him of my list.

Neil MacCallister  10/19/2008 11:46 PM Report

Sorry, but was that "Lau Pan Goes to Washington"? Where he filibusters for 30 hrs by reading (.."slowly!") the U.S. Constitution?

Can't we try and get something done before Nov. 4th? Get some questions answered? Or do we just let the fog sit in? ..and hope for "a new day" that we might find, if only we just have the courage to roll the dice, and get something that is a "Change"?

Lau Pan  10/19/2008 08:13 PM Report

A good leader is excellent at practicing what he preaches. "Actions speak so loud that I can't hear what you are saying. This is the same with leadership and how much a leader abides by what he says. As a good leader, how can you expect people do what you say, when you don't even do what you say? How many of our leaders over the years have shown this characteristic? Too many.

A good leader looks after his people. He does this by always doing what he can to protect them from harm, criticism, or blame from other people. People want security, that's why they buy SUVs, put money in their 401k, and stay at the same dead end job for years. It's integrated into our nervous system that we want to feel secure. When you have a team of people that you are leading, it can be very powerful when they know that you are on their side, and that you will do whatever you can to make sure that you protect them from harm of other outside forces. A big part of being a good leader is how they take the blame when things go wrong, and how to give away credit when things go well. A good leader knows that when things go bad or wrong, it's his responsibility to take the blame, even if it was not his fault. And when things go well, a good leader knows that it's his responsibility to make sure that he gives the credit to the deserving person who did the great work.

A good leader develops other good leaders. This can only be attained once a person has first become a good leader. How can you expect to develop other good leaders, if you are not one first? Most of this just boils down to taking the time to spend time with the leaders that you want to develop and cultivate. By being a good mentor, you can teach and coach them through their trials and tribulations as a young and developing leader. Sometimes just being there to help them get back up after they have fallen is all you have to do.

Mao Zedong, was an excellent leader/organizer in the early days of the Chinese Revolution. Those who call him a "cruel dictator" probably know little about Chinese History or the cruel dictator Chiang Kai-shek that Mao Zedong and the others in the CCP fought for over 20 years

Wu Zetian, the only female in Chinese history to rule as emperor was considered a great leader.

To some she was an autocrat, ruthless in her desire to gain and keep power. To others she, as a woman doing a "man's job," merely did what she had to do, and acted no differently than most male emperors of her day. Also note that she managed to effectively rule China during one of its more peaceful and culturally diverse periods.

Mohandas Gandhi was born the youngest son of his father, Karamchand Gandhi's, fourth wife, Putlibai, in a small village in western India called Porbandar. He grew up in a strict Hindu household, for his father was the chief minister, or dewan, of the town. Although Karamchand was not well educated, he was a good leader and politician. His mother, Putlibai was a very religious housewife, and spent most of her time at home or in the temple. She spent much of her time caring for the large family, so she was not interested much in jewelry or other possessions.

He was brought up as a good Hindu, in the particular branch called Vaisnavism, which centered on the worship of the god Vishnu. His family also followed the strict moral values outlined by Jainism, which included the practice of ahimsa (non-injury to all living things), vegetarianism, lots of spiritual fasting, and great tolerance for other cultures. As for his education, the schools in Porbandar were very poor, but his father became dewan of another, richer, province called Rajkot, where he got a proper schooling.

His adolescent years were of great turmoil. He wasn't excellent at school or at sports, and to make matters worse, he missed a year of school at age thirteen, when he got married. He had been taught to follow elders' instructions without questioning them, so he did not dispute his mother's requests for him to help her take care of his sick father.

These are examples of leaders who led many millions in population, many more millions than the USA.

We believe that the leaders should take responsibility for the outcomes of the decisions that they make because they chose to take that role for being a leader whether they are right or wrong and so they should be held accountable. Yes, we did elect that person to be our leader, but we also elected them to make the best choices to help and protect our country.

I think Mr. Obama should be given the chance of leadership as he and the people who are backing him really want the position. We the people really have nothing to lose as if he is successful and is able to turn around the mess we the people have allowed to happen. Great.

Yes, we the people have allowed this to happen through ignorance, indifference and lack of holding the powers and people accountable for their actions and greed.

If he is not and the situation in America really turns decidedly for the worse, our way of life is forever changed, the easy life of millions is a thing remembered only in history. The discontent, lazy, incapable and people who mostly relied on the generosity of the society will no longer have the benefits they have enjoyed. The middle class will shrink, the few who are capable, work hard, hoard their financial success and invest prudently will maintain a position of success. The rest will long for the days of when America’s middle class was a example of what was great about our country.

Either way successful people/achievers will always be successful achievers.

TABS  10/19/2008 06:42 PM Report

Hey Boyz and Gurls....General George "The Little Napoleon" McClellan was a DEMOCRAT...who ran against "Honest" Abe Lincoln a Republican in 1864. Ole George ran on a platform of signing a peace agreement allowing the Confederacy to succeed from the Union. Sound like just pulling out of Iraq without preconditions?

Neil MacCallister  10/19/2008 04:39 PM Report

Steve, I (for one) never said Ms. Pelosi was "unintelligent or uninformed", I said she was "wrong" (..btw, you just labeled her "naive".) The dole (..medicare, Unem. Ins., foodstamps) is just NOT the best "stimulus package", for they are not a "renewable resource". Industry, research, education and training, are the renewable resources! Very smart people DO make mistakes: Sen. Obama said, "I want to GIVE more money to education". But 'teacher/administration salaries' are NOT the algebraic equivalent of 'student education'. The California budget proves that mistake! You "dared" John McCain, ..and then walked away. Why don't YOU make such a comparison? ..right here? While Sen. Obama stood without proposal (at townhall) John McCain named a future Treasury Secretary (Meg Whitman), and stated an available Wall St. remedy (mortgage support to homeowners). Pelosi and Obama can "discuss" all they want, and the pains will go on forever, John McCain wants to end the conflicts and misfeasance, and get us back upon stable ground. Good choices, on time! No "backstage Congressional cloakrooms" from which governing decisions are "passed down to the masses". Okay?

Paul Plamondon  10/19/2008 11:49 AM Report

Dear Mr. Rose:

Great show and interview,Sir.

Keep up the great work! We need entertaining talk shows like yours.

Sincerely,

Paul

An avid watcher, fan and admirer

Flatiron  10/19/2008 03:12 AM Report

Another big problem with drilling is it will also release methane gas, which is 40 times more powerful a greenhouse agent than CO2. So drilling for more oil is becomes more and more suicidal moving forward.

Rene  10/19/2008 12:50 AM Report

The difference between the Democratic Party and the Republican party is that the Democratic Lunatic Fringe, while somewhat influential, is not in charge, while the Republican Lunatic Fringe is and has been in charge of the GOP for quite some time now. The Democrats can not take the country "off of a cliff", since the GOP already hurled it over the edge. Thank you Ronald Regan, thank you Phil Graham, thank you Newt and thank you W. As for Sarah Palin, OMG, OMG, OMG! The GOP needs to spend a few years in the wilderness and see if it can find itself.

Steve  10/18/2008 11:40 PM Report

The negative comments posted here, regarding Rep. Nancy Pelosi, are completely unjustified. Perhaps you do not agree with her view that government can & should serve the public interest, but I do not see how an *informed viewer* can honestly believe that Representative Pelosi is unintelligent or uninformed. Indeed, I was struck by her intelligence (though she was naive if she really thought the Clinton Administration would promote good labor practices in Mexico). I dare anyone who is truly informed on the issues to compare this interview with Pelosi against any interview with, say, Sen. John McCain. I think it is very clear which of these leaders is more informed and more intelligent.

ONE MORE TIME FOR THE SLOWBALLS... READ MY LIPS IF YOU HAVE HALF A BRAIN   10/18/2008 10:17 PM Report

N.P. could not answer a question HONESTLY or FACTUALLY if her freeking little life depended on it. She is leading her lovers down the road like a pie eyed piper. What a bunch of aimless rats... ANYONE WHO SAYS THEY LIKE PEEEELOUSY WHEN SHE F'S AROUND TELLING THE U.S. VOTERS THAT THE PROBLEMS WITH THE ECONOMY ARE THE FAULT OF THE PRESIDENT IS A TOTAL 110% _ _ _ _ _ _ _ (you fill in the blanks). I HAVE NEWS FOR ALL OF YOU WHO LOVE THIS TWIT - CONGRESS... I REPEAT... CONGRESS... MAKES ALL THE LAWS AND REGULATIONS AND FORMS ALL THE REGULATORY OFFICES AND ORGANIZATIONS (SUCH AS FANNY & FREDDY & THE FED & SEC, ETC.)... NOT THE PRESIDENT. AND CONGRESS PASSES ALL BUDGET BILLS AND SPENDING BILLS INCLUDING THE B.S. BAIL OUT REBATE PLAN THAT FAILED TO DO ANYTHING (except help re-elect morons like PEEEELOUSY) AT GREAT EXPENSE AND NOW THE $700 BILLION SHE ACTS LIKE IS THE FAULT OF THE PRESIDENT. SHE IS THE BIGGEST, DUMMEST _ _ _ _ _ _ _ (you fill in the blanks) ON THE PLANET EXCEPT ALL THE CALIFORNIA VOTERS WHO ELECTED HER TO BEGIN WITH. YOU ALL GET WHAT YOU DESERVE. KEEP VOTING DEMOCRAT AND KISS THIS COUNTRY GOOD BYE.

Roy Fassel  10/18/2008 10:16 PM Report

If some of you think that Nancy Pelosi is not very informed and over her head, wait until Charlie interviews Harry Reid. And then see what happens when the Empty Suit sits in the White House with these two leading Congress. America will have voted this country off of a cliff. America will be going socialist so fast that returning to capitalism will be impossible. America, as we know it, has entered a new era. We will have "living constitutions" by a progressive court, and socialist desires by people who have no sense of history. Socialism has never worked and will never work. American voters are following human nature and will try again. The triune powers of the Empty Suit, Pelosi and Harry Reid will make people wonder......."what happened?" It is sad to say that self governing has reached this level in this country. And people suggest Sarah Palin is not qualified? Who are they kidding? Is the Empty Suit, Nancy Pelosi and Harry Reid qualified to lead this country? People are voting for change and will be shocked at what changes are in store.

Fred  10/18/2008 04:42 PM Report

The views of people interviewed on the state of the economy have been somewhat monochromatic. Why not a breath of fresh air? Someone like Michael Hudson, PhD?

http://www.michael-hudson.com/

JohnnyB  10/18/2008 08:54 AM Report

So Ms Pelosi would let Charles Keating and others of similar stripe from an earlier time walk away if they had perpetrated their crimes today. Even if the damage was magnified 10000-fold. Based on what rationale - "too busy"? Since when are supposed representatives of the People too busy to prosecute those who have committed massive fraud - on a scale dwarfed by any other - against their constituents? Which constituents is Ms Pelosi really representing here? It is not the majority of the People, so who?

Karl Rove is now the Architect of the GOP's destruction. But Ms Pelosi should not assume the Democrats have earned what he has given them.

Neil MacCallister  10/18/2008 05:40 AM Report

I actually liked her (..a surprise!) Obama is pleasant, too, ..but they're just wrong! (e.g., Nancy's "economic stimulus" package will fund: "Medicare, Unem. Ins., and Food Stamps." ..and “The wind is the future!”) I did appreciate her "firsthand telling” of being called "unaware" into G. Bush's office, and there being informed of the "need for a 700 billion bailout". Of course, the opposite seems much more likely: On Jim Lehrer tonight, Mark Shields once again beatifies Obama, noting his having Volcker, Buffett, Bernacke .."All these Wall St. types at his side" ..yet we are supposed to believe that it was the President, at the White House, who made the assay, and decided the repair needs for those men's banks and mortgage houses? (..HAH!) While the New Yorker leads its comments attacking “the mean Sarah Palin”, ..Congress and Wall St. just walked off with $700 billion, ..and now hopes that was enough "fear" to get Barack Obama back headed for the White House after that nasty "upswing" John McCain got from the GOP convention (where he introduced Mrs. Palin) Just to bolster that "Obama-Academia" surge, on Monday night, Charlie will welcome in a number of Mr. Obama's mentors and associates from Harvard (..They will surely propound Mr. Obama's suitability for the Presidency.) Meanwhile, where is that $700 billion going? Speaker Pelosi insisted it will NOT be used in the relief of foreclosed-upon homeowners, but will instead be given BACK to Volcker, Buffett, and Bernacke to "re-capitalize Wall St. banks". That's the payoff, and Sen. Obama does look good now for the White House, ..but just in case, ..let's get a few more Canadians to register to vote in Ohio! (.."Oh, Say does tha-at star span-gled .....?")

Sheila Bair vs. Nancy P  10/18/2008 03:33 AM Report

Sheila Bair had 20/20 foresight and Nancy Pelosi could not begin to hold a candle to her. Pelosi acts like she woke up yesterday and says "What are you talking about $700 billion with a B? Are you kidding me? How can that be? I guess maybe at my age I should quit doing crack at same sex weddings..." I suggest if you want to listen to a smart woman you go watch Charlie's interview with Sheila from Friday and just forget about Pelosi. Pelosi could not find two socks the same color in her sock drawer.

Bob K  10/18/2008 01:07 AM Report

I can not believe you did not question Oliver about his blatant politicism of "W". If he was truly looking at George's life he would have released the film AFTER Nov 4th.

Releasing before the election is clearly an attempt at influencing voters - it is not about artistic honesty.

And Brolin backed him up with namby-pamby tripe that you let go unquestioned.

Next time ask him why he did not wait till Nov 5th.

bbbbmer  10/18/2008 12:26 AM Report

Mr. Rose, you interrupted Speaker Pelosi numerous times during the course of your interview with her, to the point of being irritatingly rude. You've done this before repeatedly with other Democrats, but you are far more deferential to Republicans to the point of docility, and avoiding the hard questions of their culpability in today's crises and corruptions. You contribute to this environment by barking at a profoundly more graced guest like Pelosi, while holding harmless other officials like John McCain, Mitch McConnell, or Karl Rove. This discredits your forum and yourself, and you should be ashamed of such unprofessional behaviour toward such an honorable person as Speaker Pelosi...

TABS  10/17/2008 11:43 PM Report

There is one reason why Liberals have to listen to and acknowlege TABS's rhetoric. That is because if they DON"T, they will have been shown to be as stupid as conservative Republicans. That is why TABS is able to march through Liberal intellectualism like Sherman marched to the sea.

sall  10/17/2008 11:12 PM Report

Mrs. Pelosi obviously views Obama through a racial prism, and just as she views everyone else; what they can do for her. When asked about Sen. Obama, she talked about how he can improve America's image through symbolism. Mr. Rose is so poor at follow ups. What does she mean. She sat next to Dick Cheney during the last State of the Union and address, and tried to act as if she's opposed to Bush and Cheney. She would stand up whenever a good little elite white liberal cause was mentioned, but on the flipside, while gather with a T. Boone Pickens, conservative Republican, for her own financial gain and push his energy plan. She is brazenly and nakedly, epitomizes what is wrong with self-serving politicians. She condescends to Sheehan as if she has no chance. San Francisco, vote this lady out, would you? I thought you all were elite sophisticated liberals.

aTypicalProgressive  10/17/2008 08:49 PM Report

Those who see Nancy Pelosi as credible, what do they think of her when she pledged to the country before the 2006 election she would end the Iraq War and handle Republican corruption then turned around and supported Dubya after the election? Obama deserves a better Speaker of the House, a better Democrat than lying Pelosi.

LOOK AT HERE FACE  10/17/2008 08:33 PM Report

Take a long look at her face up there. She is about to lie right at Charlie and to everyone watching her. What is she thinking behind that sneery smile and contorted face? Take a look to the upper right also. Smile, smile, smile. She KNOWS that most of her brain dead followers will believe ANYTHING she says as long as she forces herself to smile while she is saying it. This is her way of coercing 90% of her audience into falling asleep at the switch. Yet, if you study her face while she speaks... actually watch her body language... you KNOW she is either evading the question or out right lying when she answers. She is a witch. Plain and simple. But, her followers want to believe she is the good witch of the west. Give me a break.

Carol J  10/17/2008 07:10 PM Report

First off, I worked for a Nationwide Company and I know for a fact that most of our financial problems is the result of CORPORATE GREED. When I first starting working for the company our benefit package was fantastic, by the time I retired 2 years ago it was down to minus zero. The chairman of the board still got his 2 to 3 million paycheck every year.

_____________________________________________

Second I am from the Midwest and we always said Allie Allie Oxen Free.

denis blackett  10/17/2008 06:57 PM Report

Apparently none of your listeners reacted to Ms. Pelosi's "Alle alle in free" (everyone for himself beyond the 100 mile oil drilling limit) the way I did. Hadn't heard that term since I left the streets of the S. Bronx playing hide and seek and kick the can.

You seemed mystified. We yelled it when the kid who was "it" had discovered someone and gotten back to base first. Then "alle alle in free" meant everyone else who was hiding could now come out. Google says it was probably derived from the german "Alle alle sind frei".

By the way I enjoyed the interview.

sock puppet  10/17/2008 06:09 PM Report

Over stated outstanding CDSs at $150 trillion. Actually they say it's $60 trillion. From AP 10/8/08: "The roughly $60 trillion market for credit default swaps lacks transparency, is unregulated and creates an environment for market manipulation, Securities and Exchange Commission Chairman Christopher Cox said. The market's size exceeds the gross domestic product of every country in the world combined, he noted." ---------------------------------------------------> LEB - Naders tax of CDSs is good ONLY if they're excluded from the rescue cum bailout. Otherwise such a tax would be passed on to us taxpayers. GITMOize em!

Jack  10/17/2008 06:00 PM Report

This was one of the best interviews I've seen in quite a while, and it gave me a new found respect for Pelosi. I've been republican since Regan, but I'm now shifting over to vote for the democratic party. The radical conversatives has hijacked republican party and forced out the true intellectuals.

Joe   10/17/2008 05:54 PM Report

After watching the interview with Pelosi, I can under why she and her congress have a whopping 9% approval rating. What a lost soul she is. Is she really that uninformed or is she so afraid of telling the real truth that it may shock the public?? That lady must have a lot of secrets on alot of democrats, because how in the world could she get elected as speaker of the house?? She could'nt carry a full sentence or give a believable answer to any one question. Like what about Frank and Dobb and Reid being grilled under oath?? Wow, she scares me. Now I worry more about this government.

TABS  10/17/2008 05:48 PM Report

DEAR DAVE: It is not the compensation that is worrying. It is that these guyz were paid to assess RISK and even though the risk was high they took it to achieve performance. They should have been more prudent ergo more responsible for other peoples money that was entrusted to them. Out of their greed for more return on the buck they destroyed the system. Now the world has to pay for their irresponsibility. If you disagree with this, just go ask Hank Greenberg what he thinks?

Dave Lev  10/17/2008 05:34 PM Report

The underlying reason for this economic debacle has nothing whatsoever to do with the (albeit) enormous compensation paid to a handfull of corporate executives. As a percentage of the trillions of dollars that was borrowed by people who should both never applied for same, nor received these loans, it is insigificant. There is a lot of blame to go around, both with Republican bankers and Democratic borrowers. Wall Street became a casino, betting on craps. When everyone was winning, only a few people noticed that something was terribly wrong. Then the bubble broke..homes foreclosed, people walking back to grandma's home, real estate values going down to where they should have been in the first place..etc. Politicians, in both political parties pushed the banks..which had collateralized their (seemingly bad) loans with those MBS., subsequently sold to rich Arabs and others. Pelosi is your typical leftist Democrat..tax the middle class and successful..and give to those who actually, in fact, hardly pay any taxes (sure they pay social security, but many received child tax credits). Social security is for them ultimately. The rich don't really depend on it, ever. Pelosi, the darling of liberal San Francisco, in a state that approves children walking into their parents (same sex) bedrooms to snuggle..and observing some really horrendous behavior (am I incorrect?), is the worst leader the Democrats have ever had. Let's be honest, giving 250,000 and 500,000 tax exemptions to those who sold high..and reaped 500% profit..is simply the wrong approach. Maybe a McCain Presidency can truly change things..but it's too deep now, in my opinion.

LEB  10/17/2008 05:34 PM Report

Ralph Nader suggests we put a sales tax on derivative transactions to help pay for the economic rescue. I think that's a great idea. Many people pay sales tax of 6% or more on necessities. Why not put a 6% sales tax on derivative transactions?

Joan Clementi  10/17/2008 05:30 PM Report

Charlie, You may be of the liberal bent, although you never really reveal yourself. I would say that 90% of the people who appear on your show are of the liberal persuasion and appear very comfortable being interviewed by you. Questioning Pelosi on 10/16 only proved it! You may have raised your voice at times. sounding as though you were grilling her but, you avoided pressing her on the question of "going after those who are mainly responsible for our National debacle" eg., Frank, Dodd, etc. Her answer in blaming Wall St. ONLY was a copout; which you knew, but did not pursue! Pray tell WHY, Charlie? Nancy Pelosi and Harry Reid hate Bush and will do everything in their power to undermine him. A week or so ago she made one of the dumbest speeches I have ever heard and in the middle of it, she condemned Bush again, which by the way had no connection to her speech. She never misses a moment to defame him with her hateful remarks. Also, where has Congress been for the last 8 years? Spending too much time blaming Bush and thinking of ways to impeach him. You did not remind her that Congress has a lower approval rating than Bush. When Pelosi mentioned that Tip O'Neill respected Reagan you had another chance to tell her that she, Harry Reid, and their gang have shown outright disrespect and hatred for him and therefore, the office of the President. They have proved it time and again! She stated that she embraces Obama's vision...raising taxes, universal health care, and no money to pay for it. Democratic BS, once again! She came off seeming like a little "innocent" who never gets advised on what's going on although her position as Speaker would prove otherwise. Little Red Riding Hood being eaten up by the Big, Bad Wolf...Sorry Charlie, but the liberals must love you!

TABS  10/17/2008 05:29 PM Report

OHHH YEAH....MS Pelosi still considers the guyz who brought you this debacle "Geniuses?" What ring of hell would be considered to be sufficient for these guyz, considering the anguish that they have caused people around the world. Maybe what would be sufficeint is for them to wear a placard for the rest of their days stating, "I caused the financial collapse of the world." Then it might be possible for them to realize just how much love and admiration people have for them.

ONE MORE TIME FOR THE SLOWBALLS... READ MY LIPS IF YOU HAVE HALF A BRAIN  10/17/2008 05:21 PM Report

N.P. could not answer a question HONESTLY or FACTUALLY if her freeking little life depended on it. She is leading her lovers down the road like a pie eyed piper. What a bunch of aimless rats...

ANYONE WHO SAYS THEY LIKE PEEEELOUSY WHEN SHE F'S AROUND TELLING THE U.S. VOTERS THAT THE PROBLEMS WITH THE ECONOMY ARE THE FAULT OF THE PRESIDENT IS A TOTAL 110% _ _ _ _ _ _ _ (you fill in the blanks). I HAVE NEWS FOR ALL OF YOU WHO LOVE THIS TWIT - CONGRESS... I REPEAT... CONGRESS... MAKES ALL THE LAWS AND REGULATIONS AND FORMS ALL THE REGULATORY OFFICES AND ORGANIZATIONS (SUCH AS FANNY & FREDDY & THE FED & SEC, ETC.)... NOT THE PRESIDENT. AND CONGRESS PASSES ALL BUDGET BILLS AND SPENDING BILLS INCLUDING THE B.S. BAIL OUT REBATE PLAN THAT FAILED TO DO ANYTHING (except help re-elect morons like PEEEELOUSY) AT GREAT EXPENSE AND NOW THE $700 BILLION SHE ACTS LIKE IS THE FAULT OF THE PRESIDENT. SHE IS THE BIGGEST, DUMMEST _ _ _ _ _ _ _ (you fill in the blanks) ON THE PLANET EXCEPT ALL THE CALIFORNIA VOTERS WHO ELECTED HER TO BEGIN WITH. YOU ALL GET WHAT YOU DESERVE. KEEP VOTING DEMOCRAT AND KISS THIS COUNTRY GOOD BYE.

Shaft  10/17/2008 05:20 PM Report

Madam Speaker Nancy Pelosi breaks down all the disagreements going on in the Senate and the house between Democrats and Republicans so easy to understand and presents it very well in a plain language. I agree with almost everything Madam Pelosi had to say, the next presidency should focus on more non-partisan and more cooperation between the two parties. I think, there ought to be a monthly interview or conversation of the Fed Treasury Secretary and Chair of Fed Reserve every month to inform the American taxpayer of what's going on in the land and how to avoid future and unanticipated economic surprises. Everyone knows that America is the light of the world, and the only country anyone can migrate to and succeed in, it's the only country a broke man and a rich man live in side by side it's a country of hope and a country of freedom, did I say home of the brave? America has been the model of the world, every country aspires to be like the USA and none managed to duplicate it. ________________________________________________ Thanks to many people who have failed to see the world is changing, we are confronted with competition, surprisingly that competition is not real at the moment, but the speed and the rate we seem to be declining is giving the chance to other emerging nations to catch up with us, even though they do not yet wanna come out and reveal themselves, because they are not ready yet. We have a chance to make America as competitive and perhaps more competitive than she has ever been before these convergence of all troubles coming at the same time. Some say it was waiting to happen and the sooner the better, others argue that due to the challenges the world is faced at the moment this may not be a good idea for us to floor for too long, we have difficult task ahead. Well, both arguments are just as valid but they do not offer way out, my argument is a little different than the two projected ideas for the definition of failure, my argument offers a chance to rise up again and maintain that top rank in the 21st century.

______________________________________________________ The world has never seen a nation like America and its unlikely there will be one any time soon, none of the nations amongst those emerging economies are ready and confident to lead the world yet, but they are demanding their place in the ranks. Given the wake up call America is experiencing at the present moment the chance to facilitate the desire of these emerging nations while maintaining the top position is paramount, only and only if we are guided by policies that are cleverly designed, our foreign policy needs to be tuned and our economic policy should not be only for the rich and powerful but also for those struggling to make it. Policy that stands only for the rich cannot be sustainable, we all have seen how some of the rich abandoned America when she is hurting. Such policies would eventually force for the man at the bottom to revolt, and in order to keep the man at the bottom happy America needs to provide affordable healthcare and the minimum to live by. Anything less would mean inviting trouble and endangering America's position in the 21st century. For that reason and more we need to know the financial leader of world economy is sound, only when America is safe we can ensure and translate that safety to the world. Who can lead America to a better position other than our very own President Obama? That's why we need to bring the best-qualified man to the White House and keep America on top and ensure the well being of the world. Mr. Rose, thank you for the wonderful conversation with our leading female personality the one and only Madam Speaker Nancy Pelosi.

Mark  10/17/2008 05:16 PM Report

Ms Pelosi is letting those who committed economic murder on the country and it's citizens walk free, with their only burden being the loads of cash they carry with them. The People have spoken, and what The People want is for those who perpetrated this fraud to disgorge the money they have stolen. But Pelosi chooses - and this is important - CHOOSES - to look the other way because if "priorities". Let the record show that for the Speaker of the House, JUSTICE is not a priority.

LEB  10/17/2008 04:54 PM Report

At 28' 39", Mr. Rose asks Rep. Pelosi, "Are all these people who made all those hundreds of millions of dollars, gonna pay any price, and is this rescue saving them from their mistakes because they're not gonna be held accountable?"

Thank you, Mr. Rose for asking this question. You address an issue that strongly influences how I shall vote Nov. 4.

Rep. Pelosi replied, "What are our priorities here? In other words, people are very angry about how the system was exploited and we can review that. But what we have to spend our energy on is making this economy well. And I don't think Wall Street walks away from this - and I don't want to paint everyone with the same brush - but the exploiters in this situation have to know that the party is over, that they cannot just use these sophisticated financial instruments that are thought up by geniuses and then when everything comes tumbling down the geniuses don't know how.... You always need to learn from mistakes so you wanna know how we got here so you don't get here again but you don't want to spend all of your time on the past. I think that the public is making it's own indictment on the system and how it has worked. And that's one of the reasons why the compensation, the golden parachute legislation was so important; and that was resisted by - at first - by this administration but the Brits put it in theirs."

Thank you for tackling this question, Rep. Pelosi. I respect your analysis and opinion. I seek clarification of your reply. Perhaps you or a member of your staff might post a clarification here or provide a link to such clarification elsewhere?

ann  10/17/2008 04:52 PM Report

Many of the comments are almost as rewarding as the interview itself. Ms. Pelosi can certainly hold her own in most any venue, and showed that today by addressing the questions she was open to, and bypassing the ones she wasn't. Well, that's what politions do, right? And she does it better than many. I always wonder why women politions get critized for doing this, much more than men politions do. Interesting.

TABS  10/17/2008 04:41 PM Report

After watching the MS Pelosi interview this author had his 115TH dream.

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In that dream MS Pelosi was greeting the peons as they entered the The United States of Walmart. Exclaiming to one and all what a wonderful governing experience they were all going to have in the US of Walmart. Stating that Health Care could be found on aisle 6 and that Walmart was running a "Red Light" special on "military style green fatigues" on aisle 12.

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It was about that time that El Presidente" Barrack "CHE" Obama made his appearance sporting the latest in Wallmart military green fatigues while chomping on a "Presidente" sized cigar (you see he has given up cigarettes as befitting his image as leader of the people. Cigarettes are just not good for you and as such are not covered by the government health care plan). El Presidente made busy handing out bananas to the peons as a symbol of the republic. Exclaiming, "Bananas and Charlie Rose for everyone, VIVA LA Revolution!" El Presidente "CHE" Obama in his first interview as leader of the junta stated that the first thing he did upon moving into the White House was unfold his childhood poster of "Che" and paste it over the portrait of George Washington. The second thing "El Presidente" did was change the name of the White House as it could be construed as being racist. Today it is known as "El Supremo's Headquarters." Which is very fitting for a leader of the "taxpayers" government.

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It was about that time that this author woke up and faced the cold reality of the morning and thought we need a little comedy tonight.

Omar  10/17/2008 04:24 PM Report

the american people are bailin gout the wall street rich people..

I want to know on the last 7 years when wall street was doing great, DID THEY PAY ANY MONEY TO THE GOVERNMENT OR TO THE POOR IN AMERICA??? NOOO, SO WHY DO WE HAVE TO BAIL THEM OUT NOW

CJ ONE MORE TIME FOR THE SLOWBALLS... READ MY LIPS IF YOU HAVE HALF A BRAIN  10/17/2008 04:13 PM Report

ANYONE WHO SAYS THEY LIKE PEEEELOUSY WHEN SHE F'S AROUND TELLING THE U.S. VOTERS THAT THE PROBLEMS WITH THE ECONOMY ARE THE FAULT OF THE PRESIDENT IS A TOTAL 110% _ _ _ _ _ _ _ (you fill in the blanks). I HAVE NEWS FOR ALL OF YOU WHO LOVE THIS TWIT - CONGRESS... I REPEAT... CONGRESS... MAKES ALL THE LAWS AND REGULATIONS AND FORMS ALL THE REGULATORY OFFICES AND ORGANIZATIONS (SUCH AS FANNY & FREDDY & THE FED & SEC, ETC.)... NOT THE PRESIDENT. AND CONGRESS PASSES ALL BUDGET BILLS AND SPENDING BILLS INCLUDING THE B.S. BAIL OUT REBATE PLAN THAT FAILED TO DO ANYTHING (except help re-elect morons like PEEEELOUSY) AT GREAT EXPENSE AND NOW THE $700 BILLION SHE ACTS LIKE IS THE FAULT OF THE PRESIDENT. SHE IS THE BIGGEST, DUMMEST _ _ _ _ _ _ _ (you fill in the blanks) ON THE PLANET EXCEPT ALL THE CALIFORNIA VOTERS WHO ELECTED HER TO BEGIN WITH. YOU ALL GET WHAT YOU DESERVE. KEEP VOTING DEMOCRAT AND KISS THIS COUNTRY GOOD BYE.

Larry Arsenaulr  10/17/2008 04:11 PM Report

Having been a long time critic of Speaker Pelosi for her unwillingness to at least bring up impeachment against Bush and/or Cheney I must say, "Great interview for you and for her." Not only did I get to hear some of her views directly, but I learned a little more how Congress works (or does not work)in reality, today.

As a result I think I understand Pelosci better and appreciate her a bit more. I also felt Charlie did a good job of keeping the conversation relivant, earnest and lively. Didn't even interupt too much!

Good job and thank you Charlie Rose and Nancy Pelosi

TABS  10/17/2008 03:41 PM Report

The only real moment came when MS Pelosi stated that Secratary Paulson said, "The situation could not wait till tommorow." The rest was political boiler plate and wonk speak.

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MS Pelosi does seem to have a lot of glee that the Democrats are going to take over the government, perhaps for decades. Their agenda is going to be implemented at last, "At last we get to have our way unfetetered from those Republican naysayers. We will show em how to run a country. Just watch how the government will make everybody happy." Maybe MS Pelosi wants that "Bipartisan" approach so that the blame can be shared when it all falls flat on its face in BK. Or maybe she realizes that if 50% of the American people don't feel like they are being represented, the government will fail.

Fafner  10/17/2008 03:31 PM Report

Comment by sock puppet on Friday, Oct 17 at 01:44 AM

The poster remarks that the fund managers gambled and lost so let them all drown. But we all need to remember that they were not gambling with their own money, they were gambling with ours, and some of us need it back.

I very much enjoyed the Pelosi interview, and learned a great deal about how she thinks. You cannot get that kind of insight from sound bites. Charlie Rose has done us a great service.

There are of course posts from those who hate Pelosi, and blame her and every other democrat for it all, while forgetting it was a republican congress from 1994 through 2006. But we can rest easy. GWB, DeLay et.al. have ensured that such a disaster will not happen again for at least a generation.

LM  10/17/2008 02:41 PM Report

I watch and listened very carefully to your interview with Nancy Pelosie, which according to some of the negative responses, they did not. She answered all the questions that was ask of her in an honest and as complete manner as possible. If the far Right and the rest of the R's could not listen with an open mind, it only confirms that this is the reason we are in the mess we are in. R's take responsibility for you mistakes look in the mirror.

Cook  10/17/2008 02:41 PM Report

This woman is so out of touch with reality it is scary. D-Mahoney has adulterous affairs and she does not want to talk about it. Remember he is the one who ran on family values while having an affair and then later paying her off. D-Murtha says his constituents are racists. No problem blaming everybody else for the problems she and her cohorts had a hand in. Look for video on (You-tube) of D-Barney Frank saying there are no problems with FANNIE MAE during congressional hearings in 2004.

The thought of a democrat president, senate and house is scary beyond comprehension.

annie  10/17/2008 12:48 PM Report

Ms. Medina, Nancy Pelosi became Speaker of the House in January of 2007.

Ferdinand Gajewski, PhD  10/17/2008 12:35 PM Report

The party really isn't over, Speaker Pelosi, until those who stuffed themselves at the trough make fulsome restitution to help restore economic stability. (Thanks for evading Charlie's question in this regard.)

Wayne  10/17/2008 11:40 AM Report

What I heard Pelosi say was: Start thinking up the next Huge scam - because if you do it, you can keep the money. Congress will be too busy fixing the mess you cause to go after you. Besides, even if "The American People" are outraged by it, they will be their to pay for the cleanup anyway, so tough for them. And keep those contribution checks coming...