CNBC: Obama's Cowardly New World.
Labels: politics
posted by Helen at 1:25 PM
Friday, April 23, 2010
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7 Comments:
When nothing is my fault I can never grow and improve.
Trey
The left complained vociferously about corporate/Wall Street greed during Bush's administration. Now they're taking greed to new levels.
For years the Dems claimed to be the party of the common man. Hah!!!
I will ignore the easily made snippy remarks but simply note that
1. those banks that were regulated as in Canada did not suffer one, not one, meltdown. Banks in the US, if conservative in their loans did not suffer--I know of those in my area.
2. Banks and brokers sold the loans to people and convinced them to buy...don't just blame the consumer.
3. Deregulation has been going on sence Ronnie R---and both (BOTH) parties went along with it in recent times.
Wall St may not have unions but they sure as heck have an army of lobbyists--in fact, they are now spending One Million dollars a day to keep regulations from coming back.
4. The SEC is supposed to monitor and evaluate--they did not.gg Moody's etc failed the public.
5. facile name calling solves nothing but letting off steam that is meaningless. Either you want regulations restored--the ones proposed are very very weak in any case--or you want the strong possibility of another repeat of what we just went through.
\6. In passing, note that it was under the GOP that the bailout of the big guys took place, and they did not even offer the public oversight as to where, how the money went and got spent!
again, trying to score political points against That Other Party or group solves nothing whatsoever.
fred, you are the party guy, not me. I am not an R. I will likely never be an R again, I have no use for them.
Bush pushed for regs and it was progressives who said they were not needed. It is all on video, you have seen the videos.
You need to overcome your dichotomous political thinking.
Trey
For years the Dems claimed to be the party of the common man.
When were the Democrats ever the party of the common man? Have you compared the relative wealth of the Democrat leadership to the Republicans? Have you looked at how wealthy Democrat rock stars like Buffet, Gates, Soros, and Ellison are?
The SEC is supposed to monitor and evaluate--they did not.
Nope. Too busy looking at porn.
When were the Democrats ever the party of the common man?
Never. I'm just stating what they claim to be. You're correct. Dems dominate the listing of the richest Senators and Congresspersons.
From Democrats.org: Thomas Jefferson founded the Democratic Party in 1792 as a congressional caucus to fight for the Bill of Rights and against the elitist Federalist Party. In 1798, the "party of the common man"... The site is "Paid for by the Democratic National Committee".
note that it was under the GOP that the bailout of the big guys took place, and they did not even offer the public oversight as to where, how the money went and got spent!
Fred, in a word, you lie. Who was the Speaker of the House, and the Senate Majority Leader at that juncture? why yes, none other than Nancy Pelosi and Harry Reid. Last I looked, they where both Democrats, and both voted for that legislation.
As did a certain junior senator from the state of Illinois...
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