Congress close to financial reform; GOP recoils

For months, Congress has debated how — and in some case whether — to tighten regulation of Wall Street in the wake of the 2008 economic meltdown. Throughout the process, Republicans have been doing the banksters’ bidding, fighting hard to defend the overdogs and the uptrodden.

Early this morning, however, House and Senate negotiators finally settled their differences, producing financial reform legislation that both chambers are expected to adopt next week and send to the president for his signature.

The response from the GOP was immediate.

U.S. Rep. Joe Barton issued a heartfelt apology to Goldman Sachs, AIG and Bernie Madoff, proclaiming it a “tragedy of the first proportion.” Newt Gingrich, on Fox News, explained how this confirms the existence of a secular-socialist conspiracy. “Frankly,” he said, “‘Chavez’ and ‘Hitler’ have the exact same number of letters as ‘Barack’.”

Glenn Beck kept crying, Bill Kristol kept pressing his case that the best way to fix the economy was to invade Iran, Sharron Angle observed that this was nothing that Second Amendment remedies couldn’t fix, and John McCain insisted that his debate with JD Hayworth be canceled so he could fly to Washington to stare off into space while other people talked about things he didn’t understand.

Is this a great country, or what?

215 comments Add your comment

Nothing is Free

June 25th, 2010
9:45 am

Another reform.

We need a White House reform.

Matti

June 25th, 2010
9:45 am

“Throughout the process, Republicans have been doing the banksters’ bidding, fighting hard to defend the overdogs and the uptrodden.”

Delightful prose, Mr. Bookman.

Nothing is Free

June 25th, 2010
9:46 am

As far as if he is smart?

If he is smart, he is intentionally destroying our economy and the gulf coast.

I’d like to give him the benefit of the doubt and think that he is just another half witted do-gooder.

Nothing is Free

June 25th, 2010
9:47 am

Hey JAy.

Does your pay check come from poor people of rich people?

Peadawg

June 25th, 2010
9:48 am

Do they know what’s in the bill this time? Or did they “vote in order to find out” like they did w/ HC?

Southern Comfort (متعة الجنوبي)

June 25th, 2010
9:51 am

Let’s not do reform at all. So what if we end up bankrupt as a country… Somebody’s gotta make money, don’t they? Maybe the bankers and hedge fund managers that made billions will feel bad for us and give the country a high-interest loan kinda like a loanshark or something. Maybe they’d even take over as a dictator or something since they’d be the only ones with money.

Forgive me if I don’t make much sense, but after reading all that nonesense downstairs, I figure I could post crazy stuff like everybody else.

hahahahhaha!!!!!!

June 25th, 2010
10:02 am

You’d think the Democrats would have learned from Hilter that a Nazi take over of everything doesn’t quite work.

Finn McCool

June 25th, 2010
10:04 am

Ha! Business as usual…

Lord Help Us

June 25th, 2010
10:04 am

We are DOOMED!! Doomed, I say!

This country CANNOT survive a reform of the financial system that almost caused another great depression!

Wait…what???

Port O'John

June 25th, 2010
10:05 am

Now Barack is responsible for the BP oil spill? Let’s see, Obama is already:

Hitler, Stalin, terrorist-muslim-jihadist, Kenyan, socialist, marxist, anti-christ…

I’ve yet to see anyone call him an anarchist, but maybe that’s cause that word is so 1910. But now we know he’s also the cause of the BP oil spill.

Glad that’s cleared up.

Take your meds.

Nothing is Free

June 25th, 2010
10:06 am

Southern Comfort (متعة الجنوبي)

The country has been a world leader for 150 years. It has been under the same laws for 300 years. So now we need to change everything and low and behold, our economy and our future continues to go deeper into the toilet.

Reform will not protect us like the dims would like you to think.

it will make a very corrupt government much stronger and our private sector weaker.

Is that really what you want?

jt

June 25th, 2010
10:06 am

In Jay’s world,

one group of crooks is somehow better than the other.

USinUK

June 25th, 2010
10:06 am

Scooter – sorry for the d’lay … responded to your question below …

Granny Godzilla

June 25th, 2010
10:06 am

Snakes recoil prior to their next strike…..

Finn McCool

June 25th, 2010
10:07 am

Colbert asked Father Guido Sarducci if he thought Glen Beck was a prophet. Sarducci responded (and i paraphrase) “Well he talks a lot… and he hears voices…and he is mentally unstable so, yeah.”

Doggone/GA

June 25th, 2010
10:07 am

“Or did they “vote in order to find out” like they did w/ HC?”

Why do you find it necessary to continue to repeat debunked lies?

NRB2

June 25th, 2010
10:07 am

Just another power grab by the child molestors in the Oblamer administration.

And besides, it was the government who crashed the economy in the first place, with all their tinkering and trying to make things “fair”.

These bozos have never even run a lemonade stand, now all of a sudden they’re finanial know-it-alls.

Impressive.

I think that the retards in congress and senate should stick to doing what they do best: nothing.

USinUK

June 25th, 2010
10:08 am

“Does your pay check come from poor people of rich people?”

Jay is paid by a corporation. Cox Media, to be precise.

Nothing is Free

June 25th, 2010
10:08 am

Port O’John

he
’s responsible for not making the right decisions and now is trying to destroy the rest of the coastal economy with his drilling ban.

If you have the intelligence. please address that. If you don’t, keep ranting.

Nothing is Free

June 25th, 2010
10:09 am

USinUK

Which is owned by rich people or poor people?

Finn McCool

June 25th, 2010
10:10 am

A world leader for 150 years? Did you sleep during history class, too?

The US didn’t emerge on the international stage until after WW1 and it didn’t become a world leader until after WW2.

Here you go NIF:
http://www.amazon.com/Peoples-History-United-States-Present/dp/0060838655/ref=sr_1_1?ie=UTF8&s=books&qid=1277474987&sr=8-1

Nothing is Free

June 25th, 2010
10:10 am

USinUK

BTW. How’s London liking the Golden Boy now that he is going after their number one corporation?

RW-(the original)

June 25th, 2010
10:11 am

Shouldn’t a newsman at least make mention that the things he’s reporting never actually happened?

/drive by….

Lord Help Us

June 25th, 2010
10:11 am

People, WAKE UP!

The SECuLaR PrOGreSsiVeS are EVIL!!!

We CANNOT survive the evil things that will overcome our great country if SECuLaR PrOGreSsiVeS continue their takeover…

We know this because countries like Iran, Saudi Arabia, Pakistan, etc. have already learned the evils of SECuLaR PrOGreSsiVeS!!

Wait…What?

Paul

June 25th, 2010
10:11 am

At least it’s passing. At least there was some compromise. Incremental progress is still progress.

On an associated note, was channel surfing and saw a Glen Beck preview for tonight’s show. He was staring into the camera and exclaiming “Why haven’t the stories of our Black Founding Fathers been told? Join us Friday as we bring you their stories.”

Glen Beck. On Fox. Publicizing the contributions of Black Founding Fathers.

Another chink in another stereotype.

Finn McCool

June 25th, 2010
10:12 am

Does your pay check come from poor people of rich people?

Yeah, Jay, you aren’t properly kissing the arse of everyone with a bigger bank account than you.

Let NIF show you how it’s done PROPER!

Nothing is Free

June 25th, 2010
10:12 am

Finn McCool

Really?

So our involvement in WWI wasn’t even playing much of a part, huh?

And it was a third world country where Henry Ford perfected the assembly line? And what year was that?

Pick up a book, half wit.

Peadawg

June 25th, 2010
10:12 am

“Why do you find it necessary to continue to repeat debunked lies?”

Dio you forget Pelosi: “But we have to pass the bill so that you can find out what is in it”?

It’s a quote. Not a “debunked lie”. Nice try though.

Nothing is Free

June 25th, 2010
10:13 am

Finn McCool

We are talking about people earning a living, not cool. You guys collecting welfare don’t count.

Finn McCool

June 25th, 2010
10:14 am

NIF, I didn’t say it was a 3rd world country, now did I?

Nuance eludes you? Typical wingnut.

mike

June 25th, 2010
10:14 am

Jay –

I wholeheartedly agree with your disgust with the partisan hypocrites out there and their predictable responses to any stimuli.

What you seem to be unable to understand is that you are just a liberal version of the people that you find so hypocritical and predictable. It is one thing for you to be apply such double standards to politicians who aren’t part of your partisan tribe. It is another thing for you to whine about your partisan hack pundit peers on the right, as you engage in the same intellectually dishonest tactics

What is the difference between you and Bill Kristol other than ideology? Do you really think that you or Cyndi Tucker are held in any higher regard? If so, you are living in a fantasy world. Trust me, conservatives feel the same way about you that liberals feel about Beck and independents find you equally absurd and divisive.

Gus

June 25th, 2010
10:14 am

I like watching Gold Beck cry and conservatives squirm. They would like the U.S. A to fail.

Nothing is Free

June 25th, 2010
10:15 am

Paul

Blacks playing an important part in our history and the progressive’s war against them is a constant theme of his show. Perhaps watching an actual show would be beneficial to your opinion of the actual show.

USinUK

June 25th, 2010
10:16 am

“Which is owned by rich people or poor people?”

:lol: yep. Jay is just an indentured servent to the Cox fambly. oy.

“How’s London liking the Golden Boy now that he is going after their number one corporation?”

once they realized he was going after the company and not the country, they had no problem with it – people are as appalled here by the callous disregard for safety as they are in the US (you seem to forget, we have a lot of drilling in the North Sea)

http://resources.schoolscience.co.uk/SPE/knowl/4/2index.htm?field.html

Nothing is Free

June 25th, 2010
10:16 am

Finn McCool

Backing down, now. So are you saying that the UD was not a world leader at the turn of the century?

Let’s be very clear about what you are blabbering about.

stands for decibels

June 25th, 2010
10:17 am

From the linked story

[Obama] said he will discuss the regulations with other leaders at the Toronto meeting because the recent economic crisis proves that the world’s economies are linked.

The bill would set up a warning system for financial risks, created a powerful consumer financial protection bureau to police lending, forced large failing firms to liquidate and set new rules for financial instruments that have been largely unregulated.

Sounds like the sort of sensible thing we should have had in place to begin with. Better late than never.

the consumer protection agency would not regulate auto dealers, even though they assemble loans for millions of car buyers. Payday lenders and check cashers would be regulated, but enforcement would be left to states or the Federal Trade Commission.

Well, that certainly sucks. But I guess you gotta do what you gotta do to get a bill passed. Baby steps.

And at this point I will pose the question: On balance, on average, here and now, in 2010, which American political party is truly radical, and which is truly conservative?

Peadawg

June 25th, 2010
10:17 am

Expecting the gov’t to help others balance their checkbooks when they can’t even balance their own is kinda like asking Christopher Reeves judge a dance contest. It doesn’t really make sense…

Todd Daniel

June 25th, 2010
10:18 am

Nothing is Free

June 25th, 2010
10:18 am

USinUK

Really? LOL!

So all the people with money tied up in Obama’s newest whipping boy just love what he is doing to their stock holdings. LOL!!

Sure, I believe that. English people have always put the ecology of the United States over their own pocketbooks.

USinUK

June 25th, 2010
10:19 am

peadawg – nice bit of selective editing you got there … it’d be a shame if anything happened to it …

“But we have to pass the bill so that you can find out what is in it, away from the fog of the controversy”

AWAY FROM THE FOG OF CONTROVERSY.

pretty key phrase, that. funny that you left it out.

andygrd

June 25th, 2010
10:19 am

When 401k’s doing well, and retirement programs were going up and up and up,,, where was the call for regulation? Where was the criticism? Money flowing and Wall Street was great…
Bottom falls out, then everyone connected is evil,,, now needs more regulation… I guess we want it both ways….
I think we need more regulation from a practical standpoint…. You will always have people that have questionable motives…. So we do need to protect the average persons from individuals like that. And when they get caught, we punish them… no plea deals, no soft jail time… white collar crime is still a crime……

TM

June 25th, 2010
10:19 am

Jay can you explain in 4 sentences or less what exactly this bill does and why we investors with 401Ks or IRAs should have no concerns? Or is this one of the bills that we don’t know what it will do until after it is passed?

USinUK

June 25th, 2010
10:20 am

NIF – “So all the people with money tied up in Obama’s newest whipping boy just love what he is doing to their stock holdings”

:lol: yeah. Obama singlehandedly destroyed their stock price.

it had nooooooooooothing at all to do with their culpability in one of the world’s worst environmental disasters – it was all Obama.

paaaaaaaaaaaaathetic.

Nothing is Free

June 25th, 2010
10:20 am

USinUKJ

BYTW/ the fact that a person works for rich people do not make them servants.

Working to expand the role of government makes us all servants. And we can’t walk away from our government’s intrusion. You can always quit your job.

Peadawg

June 25th, 2010
10:21 am

LMAO!!!!!!!!!!!!!!!!!! I just found answer to my own question.

““It’s a great moment. I’m proud to have been here,” said a teary-eyed Sen. Christopher J. Dodd (D-Conn.), who as chairman of the Senate Banking Committee led the effort in the Senate. “No one will know until this is actually in place how it works. But we believe we’ve done something that has been needed for a long time. It took a crisis to bring us to the point where we could actually get this job done.””

It is just like HC reform. Why do they keep voting for something w/out knowing how it’ll work? Good grief.

Southern Comfort (متعة الجنوبي)

June 25th, 2010
10:21 am

NIF

Actions of the day and time sometimes calls for a tweak in laws. If that were not the case, there would have been no change in child labor laws or laws that limited the robber barons in the late 1800’s and early 1900’s.

What we really need is for people to practice the “ethics” that they so willy-nilly preach to others. That includes politicians, business owners, managers, and regular citizens. While I subscribe to many of the free-market principles in theory, I’m also pragmatic enough to know that human emotion will always dictate a need for some regulation.

If CEO’s, managers, and others showed true remorse for their greedy ways of the past 20-30 years in action and not just words, I don’t think there would be a need for extra regulation or reform. However, being a realist, I know that no human is perfect and we all need guidance from time to time.

Our government will be corrupted only if we allow it. We end up with the government we vote for. As we get more and more partisaned, the candidates will only get worse.

stands for decibels

June 25th, 2010
10:22 am

At the risk of sounding like the right wing numbskulls who were insisting that we were just like Greece, coupla weeks back…

might we want to learn something from Canada’s experience with this (not-so-great, for them) recession?

http://www.npr.org/templates/story/story.php?storyId=128090892
(emphasis mine)

Canada has come out of the financial crisis in better shape than most other rich economies. Its economy grew at a 6.1 percent pace in the first quarter — double the rate of the U.S. economy.

[..]

A number of factors helped Canada rebound.
“We saw once the global economy started to stabilize in the middle of 2009, commodity prices bounced back — and Canada is a big commodity exporter,” Alexander notes. And
the Canadian banking system, which was restructured after the deep recession of the early 1990s, “weathered the financial storm remarkably well,” he says.

Paul

June 25th, 2010
10:22 am

Nothing is Free

I said nothing about my opinion of Glen Beck’s show. Nothing. I pointed out, after a couple of general anti-Beck comments by liberals, that he was devoting shows to our Black Founding Fathers. I’ve previously noted he’s done shows with audiences of black conservatives and their stories of the reception they receive within the black and Democratic communities. I’ve also asked people what he’s said that ticks them off – but I usually get no response. I’ve also noted he’s not a Republican, nor a conservative, yet the same labels are applied.

One needn’t read into a post that which isn’t there -

USinUK

June 25th, 2010
10:23 am

NIF – “Working to expand the role of government makes us all servants. And we can’t walk away from our government’s intrusion. You can always quit your job.”

why don’t you just go galt?

live off the grid?

life the lifestyle you espouse, NIF – be bold! you can do it!

Paul

June 25th, 2010
10:25 am

Nothing is Free

I just reread your post and now see it more as a suggestion than an accusation. Sorry about that.

I’ve watched parts of his show, have found the topics interesting, but, frankly, his presentation gives me a headache. One thing I have noticed, though, is people who dump him in with a bunch of other names as part of the vast, right-wing conspiracy are usually tongue-tied when asked specifics.

Nothing is Free

June 25th, 2010
10:25 am

USinUK

It’s pathetic that you would support the man, no matter what he did.

So exactly what would be the line? He is getting our military killed like they have never been killed in Afghanistan with their new rules of engagement,

so killing Americans is obviously OK with you.

Destroying our economy is OK with you.

Exposing his children to a racist madman is OK with you.

Overt and continuous lies is OK with you.

Refusing help that would have helped control the oil in the gulf is OK with you.

Destroying the rest of the Gulf Coast economy is OK with you.

So what would it take before we would hear the sound of your head being withdrawn from his rectum?

stands for decibels

June 25th, 2010
10:26 am

AWAY FROM THE FOG OF CONTROVERSY.

pretty key phrase, that. funny that you left it out.

They get bitter, and they cling to guns, and religion, and five second video clips.

Finn McCool

June 25th, 2010
10:27 am

NIF, the turn of the century? Now you can’t even count? That’s 110 years, not 150 years.

150 years puts the Northeast US as primarily an emerging industrial region and the Southeast as an emerging agriculture center (cotton production didn’t actually take off until after the cotton gin was invented). The West was literally wild and barely settled.

The turn of the century was still dominated by Europe – England, Germany, France. The US shunned international involvement so much it took us a long time to enter WW1. BUT, once WW1 was over, the US played a major part in the surrender terms – that’s what thrust us onto the word stage.

USinUK

June 25th, 2010
10:28 am

could someone please hand NIF some smelling salts … he’s worked himself into a swoon …

JohnnyReb

June 25th, 2010
10:28 am

If the bill makes it through congress to receive Barry’s signature, it will be struck down by the supremes due to several aspects being unconstitutional. For one, government seizure of private property without due process. How progressives find this amuzing is troubling. Oh, I forgot, the ones who find it amuzing are the same ones who voted Barry into office. And again I am reminded, the challenge larger than Barry being POTUS is the people who voted him there.

NowReally

June 25th, 2010
10:29 am

Now if we could just “reform” the conservative republican mindset. However, it would take scientific research and conservatives “usually” are against anything based upon science. I guess I will continue to pray for reform, they are a lot more open to prayer. :)

Nothing is Free

June 25th, 2010
10:29 am

Paul

I think Beck, like most show hosts needs to build an hour every day. So some of his shows are better than others. I do believe that he has great guests, but most people I talk to, liberal or conservative do not trust Obama.

stands for decibels

June 25th, 2010
10:29 am

why don’t you just go galt?

snort.

These Glibber turdlets want to fly off to Baffin Island (or maybe Afghanistan? pretty “free market” over there…) and establish Ayn Randian paradise, I’ll drive ‘em to the airport.

Nothing is Free

June 25th, 2010
10:31 am

Finn McCool

150 year ago was the civil war. That was when we emerged.

So getting back to the original point. Why do we need reform in every aspect of the most successful government the world has ever seen?

USinUK

June 25th, 2010
10:31 am

dB – 10:29 – and I’ll help ‘em pack …

Southern Comfort (متعة الجنوبي)

June 25th, 2010
10:31 am

Paul

Most people don’t know that one of the first Presidents under the Articles of Confederation was a Black man. Washington was the first President under the Constitution.

AmVet

June 25th, 2010
10:32 am

Jay, now you are just tweaking the beaks of the parrots and the already highly enraged. (Snicker)

Back to back exposés on just how demented the far right wing apologists in America have become.

Hilarious…

Nothing is Free

June 25th, 2010
10:32 am

USinUK

Is that best you have?

Aren’t you going to start talking about the fainting couch?

And please speak up. it’s hard to head you with your head so far up his arse.

josef nix

June 25th, 2010
10:33 am

“He said he will discuss the regulations with other leaders at the Toronto meeting because the recent economic crisis proves that the world’s economies are linked.”

This struck me as particularly funny. He’s just now figuring that out? My fifth graders could be his panel of experts on that conclusion!

Finn
@ 1019

I would content that it was WWI with Wilson at Versailles that the United States took its seat as a leader among the imperial powers.

Nothing is Free

June 25th, 2010
10:34 am

AmVet

Who’s apologizing for who?

Wake up.

USinUK

June 25th, 2010
10:35 am

NIF – you might want to try a paper bag when you have these attacks …

otherwise, you come out with that crap and you honestly expect anyone to take you seriously??? much less RESPOND seriously???

here’s £.25 … go buy yourself a grip.

Paul

June 25th, 2010
10:35 am

Nothing is Free

“most people I talk to, liberal or conservative do not trust Obama.”

And I’ve noticed in some of these ‘talk to the audience’ interviews that some dismiss any criticism of him. I think your point is a larger, more general one. I’ve heard the same and when I’ve pressed for specifics I get opinions based on inaccuracies (he said he’d get us out of Iraq and Afghanistan) or on just a ‘general feeling.’ It’s more the latter. I wonder if sometimes presidents who have a whole bunch of negative stuff happen on their watch – some out of their control – or who are seen not to react just as someone with hindsight wants them to – become the magnet for peoples’ frustrations. And THAT becomes a tough image to shake.

Finn McCool

June 25th, 2010
10:35 am

Well said, Southern Comfort

xoxo

June 25th, 2010
10:35 am

How is he not responsible for the spill? His administration allowed them to drill without the proper permits. He refused much needed assistance from other countries just so he could cater to the nation destroying unions, so yes, this is his oil spill.

Finn McCool

June 25th, 2010
10:38 am

Joseph, yeah, the Versailles Treaty is where we stepped up to the plate on the grand stage – in front of all the European powers.

Nothing is Free

June 25th, 2010
10:38 am

Hey libs

If you think only conservatives are angry at the imbecile in the White House, you aren’t paying attention:

http://www.nbcnewyork.com/entertainment/television/Jon-Stewarts-Obama-Shift-83496082.html

Outhouse GoKart

June 25th, 2010
10:39 am

Yes…part of the funding for this bill comes from increasing fees to banks etc. So I hope the democrats, who are basking in their glory, enjoy the account increase charges that will soon appear.

Kinda like the credit card companys with their annual fees…remember those. AHH HAHHAHAAAA!!! The Dems screw their constituency once again but the kicker is their constituency, for the most part, is to dumb to realize such.

HURRAH!!!!

Finn McCool

June 25th, 2010
10:40 am

the most successful government the world has ever seen?

Umm, again. WTF?? How long did Rome rule? 500 years? How long have we been slugging away at our game here in the US?

We’ve come along way and we are now a world leader but – the greatest? Not yet. BUT, these reforms will help :)

Nothing is Free

June 25th, 2010
10:41 am

Paul

It isn’t perceptions. It’s looking at what he is doing. He is FIGHTING to make people lose more jobs in the Gulf. He promised to table the health care plan and focus on jobs but then pushed the health bill through while the jobs numbers continued to decline.

Obama has a strong agenda and none of it works for the working middle class.

Nothing is Free

June 25th, 2010
10:42 am

Finn McCool

The reforms will help?

How?

Paul

June 25th, 2010
10:42 am

SoCom 10:31

Looks like I’m gonna have to record his show today. Sounds like there’s a lot to learn.

Lord Help Us

June 25th, 2010
10:43 am

NIF, ‘Obama has a strong agenda and none of it works for the working middle class.’

Bring back the Bush/Cheney agenda! Now those were the good ol’ days…

Wait…What?

AmVet

June 25th, 2010
10:43 am

Great, apologists pretending to see no apologists.

And the white collar criminals who hide behind that giant flag on Wall Street laugh at this tepid “reform” from Washington.

Hope you pro-crime numbnuts and Reaganistas who fought relentlessly for an American oligarchy are happy with your results.

But your kids are gonna hate you…

Southern Comfort (متعة الجنوبي)

June 25th, 2010
10:45 am

Paul

You know in that day and time, all you needed was one drop of “Negro” blood to be considered Black. I think the guy most people refer to is John Hanson, but there’s probably been many who would fail the “one drop” test that we don’t know about. Remember, Black people can be blue-eyed and blonde too!!

Finn McCool

June 25th, 2010
10:45 am

NIF:

Some consumer wins in the new finance reform legislation:

1)Mortgage brokers and bank employees will no longer be able to earn bonuses based on the type of loan they put you in. That will presumably eliminate any incentive to push high-interest loans on borrowers (who might otherwise qualify for a better deal) to inflate bank profits.

Nothing is Free

June 25th, 2010
10:46 am

USinUK

I’ll ask again: What would it take for you to turn on Obama?

Put down your old lady shaking your wrinkled finger at anyone who would dare disagree with you and try to answer.

We get the fainting couch. We get that you are quite the insult slinger. You must be very proud. And with this president, it’s really the only responses you have, but just as a challenge, just this one time: try to answer a question without slinging yet another adolescent insult.

What would Obama need to do in order for you to stop supporting him?

Is there anything other than becoming a Republican?

Southern Comfort (متعة الجنوبي)

June 25th, 2010
10:47 am

Finn

I’m a realist. I would love to live in the ideal world, but I’d probably have to give up my dependency on oxygen to get there. I’m not quite ready for that yet. In the meantime, I just try to see and evaluate all things at face value as presented.

md

June 25th, 2010
10:47 am

Oh boy, the misfits are close to another bill – the last one they tinkered with caused me to close some credit card accounts after the rates went sky high – wonder what kind of unintended consequences we will get with this one.

Nothing is Free

June 25th, 2010
10:49 am

Finn McCool

So consumers will be taken card of by the government? How about if they read their mortgages.

So the government gets to dictate how bank employees are paid? And that’s a good thing?

Our problem is that you think the public are stupid and need the help of the government. I think the government helps no one but government employees and the public should actually read contracts.

Finn McCool

June 25th, 2010
10:49 am

So I hope the democrats, who are basking in their glory, enjoy the account increase charges that will soon appear

But but but, your statement doesn’t jibe with you wingnut’s normal assertions that we Democrats are broke, lazy, and all on welfare! We have no money to put in the bank

So, looks like Republicans – who are all rich, smart, and gainfully employed – will be stuck paying these bank fees!

Hehehehe

USinUK

June 25th, 2010
10:51 am

NIF – have you gotten over your 10:25 “episode”???

what do you REALLY want to know?

what it would take for me to vote Republican?

or what it would take for me to disagree with something Obama has done?

if it’s the latter, I already have on more than one issue.

if it’s the former – :lol: – yeah, you just hold your breath ‘cuz that’s gonna happen REAL soon.

stands for decibels

June 25th, 2010
10:51 am

He is FIGHTING to make people lose more jobs in the Gulf.

For. F–k’s. Sake.

If you really buy into this absurd right-wing mirror image of Naomi Klein’s Shock Doctrine, that Obama is some Dangerous Radical actively seeking to Destroy America so it can become some 50s style Soviet Socialist Republic, you’re not here to discuss, you’re just delusional.

Seriously. A grip. That is not too much for us to ask of you.

Finn McCool

June 25th, 2010
10:52 am

I’ll ask again: What would it take for you to turn on Obama?

(Raises hand) Ohohoh, me me me, can I answer this one? Pahleassse?

Nothing is Free

June 25th, 2010
10:53 am

Lord HElp US

**Bring back the Bush/Cheney agenda! Now those were the good ol’ days…

Wait…What?**

Would you like to compare economic numbers between now that the Congress has been held by democrats for 2.5 years and the numbers while The Republicans were in charge?

Wait . . What. . . . .indeed.

Peadawg

June 25th, 2010
10:53 am

“So I hope the democrats, who are basking in their glory, enjoy the account increase charges that will soon appear”

Some banks are already taking away free checking. This is just the beginning.

Scooter

June 25th, 2010
10:53 am

Went back and saw your responce downstairs USinUK. Thanks for clearing that up! I feel better now. :smile:

stands for decibels

June 25th, 2010
10:54 am

Sorry. Should’ve written

this absurd right-wing FUNHOUSE mirror image of Naomi Klein’s Shock Doctrine

my bad.

Lord Help Us

June 25th, 2010
10:54 am

NIF,

I supported and still support Bush/Cheney, because they never lied or got Americans killed. They did great things for our economy, and improved our image around the World. They managed wars with skillful, CEO like efficiency and never tortured anyone that did’nt need it. The middle class thrived under their policies and the good people of Louisiana still appreciate them for their help during Katrina…

Wait…What?

Nothing is Free

June 25th, 2010
10:55 am

stands for decibels

HE trying to impose a no drill moratorium. He was turned away by the Federal legal system. NOW HIS IS FIGHTING TO IMPOSE HIS WILL WHICH WILL CAUSE JOBS TO BE LOST.

If you have anything that counters what I just wrote, please, let’s hear it.

josef nix

June 25th, 2010
10:55 am

“150 years puts the Northeast US as primarily an emerging industrial region and the Southeast as an emerging agriculture center (cotton production didn’t actually take off until after the cotton gin was invented). The West was literally wild and barely settled.”

Some points here…the Northeast was 150years ago “emerging” as an industrial region. The Southeast, though, was not “emerging.” The cotton gin had already made its impact and the drive to expand the land suitable for plantation agriculture was what led to the Removals and the, once that land was gobbled up, the Southeast met with an international frontier at the Sabine River. The Mexicans had invited the Americans in to bring Mexico into the world market in cotton which the South dominated. This led to the Texas Revolution and the Mexican War when it became clear to the world at large that the United States was in the imperial expansion game. Once the arable land to the Southwest was taken, the South began to eye the Caribbean for imperial expansion, leading to the Filibusters and culminated in the Ostend Manifesto when Europe realized it was, indeed, dealing with a major player. The Civil War made it clear that the commercial and industrial interests of the North would keep the empire intact and, having learned their lesson in naval matters at the hands of the separatists, the Washington government embarked on a beefing up of its Navy. With the Hawaiian overthrow and the Spanish American War that navy was central. The empire which had been largely American oriented now was in the big leagues and playing on the world stage.

So really, by turn of the century, the United States had already passed “emerge” and was a leader. It took WWI and Versailles to drive the point home to Europe…

USinUK

June 25th, 2010
10:55 am

Scooter – I appreciate the fact that you asked :-)

Matti

June 25th, 2010
10:55 am

Nothing is Free,

Pardon my intrusion into this personal assault, but can you tell us why you seem to wish USinUK would “turn on” our President? (If you don’t wish it, why are you asking?)

Perhaps she’d understand the question better if you explained to all of us under what circumstances — AND TO WHAT GOOD RESULT — it is, in your mind, appropriate and warranted to “turn on” our own head of state?

Don’t get me wrong, I support the right of Americans to hold positions and opinions that differ from those of our executive branch. Many have died (and Scout lost his sanity) for that right. I have many times questioned the motivations and decisions of a sitting President. But “turn on” one? Hmm.. Before I’d do such a thing, I’d want to have a good doggone reason and a clear understanding of the results and benefits. Can you expound?

md

June 25th, 2010
10:55 am

“Mortgage brokers and bank employees will no longer be able to earn bonuses based on the type of loan they put you in.”

Do you really believe this would stop anything? So businesses change the compensation formula to fit the new regulations – nothing will change other than definitions.

Finn McCool

June 25th, 2010
10:56 am

I’ll ask again: What would it take for you to turn on Obama?

1. If he made school prayer mandatory
2. If he put a far-right batsh*t conservative on the Supreme Court
3. if he allowed VP Joe Biden to meet with energy industry execs in the back room (absolutely no press allowed) to set US energy policy
4. If he started a war with a country with no reason to be there, no plan to end the war, and no clue how to win it. AND (extra credit) he kept changing the reason WHY we were there

Nothing is Free

June 25th, 2010
10:56 am

Lord Help Us

that’s what I thought. Another liberal who can’t stage an argument so they throw a tantrum.