Republicans holding hands withs big banks.

unionman

Well-Known Member
With American families struggling in the wake of a crippling financial crisis, they want to know that Washington is doing something to protect consumers from exploitation at the hands of the big banks that got us into this mess.

The Senate bill that Republicans are blocking will provide the strongest consumer financial protections in history, while ensuring that American taxpayers are never again forced to bail out a Wall Street firm "too big to fail."

Sadly, instead of working to debate and revise the bill, Republicans in the Senate are teaming up with the big banks. In fact, press reports confirm that Republican leaders have been meeting privately all month with Wall Street executives, plotting to weaken the bill. With their votes, it appears they're intent on carrying out that plan.

But President Obama has made it clear that any reform bill that doesn't go far enough to rein in the big banks is not acceptable. He's counting on us to speak up.
 

wkmac

Well-Known Member

tieguy

Banned
With American families struggling in the wake of a crippling financial crisis, they want to know that Washington is doing something to protect consumers from exploitation at the hands of the big banks that got us into this mess.

The Senate bill that Republicans are blocking will provide the strongest consumer financial protections in history, while ensuring that American taxpayers are never again forced to bail out a Wall Street firm "too big to fail."

Sadly, instead of working to debate and revise the bill, Republicans in the Senate are teaming up with the big banks. In fact, press reports confirm that Republican leaders have been meeting privately all month with Wall Street executives, plotting to weaken the bill. With their votes, it appears they're intent on carrying out that plan.

But President Obama has made it clear that any reform bill that doesn't go far enough to rein in the big banks is not acceptable. He's counting on us to speak up.

the democratics provided us with a "health care reform" bill that now tax's the poor who do not buy health insurance and tax's small businesses that do not buy health care for their employees. In the process they expanded the role and power of the IRS who will be responsible for collecting this tax on the poor and the small business man.

And now you want us to trust the same idiots to reform finance?
:st_patrick:
 

klein

Für Meno :)
the democratics provided us with a "health care reform" bill that now tax's the poor who do not buy health insurance and tax's small businesses that do not buy health care for their employees. In the process they expanded the role and power of the IRS who will be responsible for collecting this tax on the poor and the small business man.

And now you want us to trust the same idiots to reform finance?
:st_patrick:

If that's the case, then you have nothing to worry about. The poor will vote republican next time.
And, here I was thinking the poor will get free or subsidized healthcare.
 

unionman

Well-Known Member
Whether democrat or repubican, can these people truly reform the very mess they all helped to create?

And thus is the reverse doorway equally true?

How deep does this rabbithole go?

It's also way past time that we realize that republicans/conservatives aren't the only game in town when it comes to promoting and enjoying all things so-called big business.

Why don't you google "State Capitalism", "Crony Capitalism" and just see where that leads.

The Washington-Wall Street Kabuki Dance

True that Democrats can do the Kabuki dance too, but to watch those Goldman guys with "deer in the headlight looks" get MF'ed by the panel was priceless.
 

island1fox

Well-Known Member
With American families struggling in the wake of a crippling financial crisis, they want to know that Washington is doing something to protect consumers from exploitation at the hands of the big banks that got us into this mess.

The Senate bill that Republicans are blocking will provide the strongest consumer financial protections in history, while ensuring that American taxpayers are never again forced to bail out a Wall Street firm "too big to fail."

Sadly, instead of working to debate and revise the bill, Republicans in the Senate are teaming up with the big banks. In fact, press reports confirm that Republican leaders have been meeting privately all month with Wall Street executives, plotting to weaken the bill. With their votes, it appears they're intent on carrying out that plan.

But President Obama has made it clear that any reform bill that doesn't go far enough to rein in the big banks is not acceptable. He's counting on us to speak up.

Unionman,
How about all of the story. The real truth is that this crisis began with Fannie and Freddie. Until there is strong legislation to reign in those two government agencies that the Democrats love --the real "root problem" will not be corrected.
As others have pointed out --the government getting involved with housing and banking --created the whole mess ---will government fix the mess ?--I doubt it.
Also the Goldman Sachs hearings are a farce --Obama sleeps with the CEO of Sachs and GE every night --those two companies have laid the groundwork to make billions off of poor working people with cap and trade. :sad-little:
 

unionman

Well-Known Member
the democratics provided us with a "health care reform" bill that now tax's the poor who do not buy health insurance and tax's small businesses that do not buy health care for their employees. In the process they expanded the role and power of the IRS who will be responsible for collecting this tax on the poor and the small business man.

And now you want us to trust the same idiots to reform finance?
:st_patrick:

You are like a broken record of lies. Health care reform will end up saving the tax payer billions.
 

brett636

Well-Known Member
I wonder if unionman realizes that Goldman Sachs supports the financial reform bill? They say it will be a boost to Wall Street.
 

moreluck

golden ticket member
The people without ins. go to the E.R. and that's the highest costing treatment for a cold.

But, that's not the point. The new healthcare bill will cost taxpayers a couple trillion. Obama lied and the bill will not reduce the deficit like he said it would.

If you are making less than $250,000 (sound familiar?)....here's the different part....your taxes will be going up in some form....maybe income tax, maybe sales tax, maybe a VAT...whatever. It's still a lie from a Liar and a racist !!:dissapointed:
 

Lue C Fur

Evil member
With American families struggling in the wake of a crippling financial crisis, they want to know that Washington is doing something to protect consumers from exploitation at the hands of the big banks that got us into this mess.

The Senate bill that Republicans are blocking will provide the strongest consumer financial protections in history, while ensuring that American taxpayers are never again forced to bail out a Wall Street firm "too big to fail."

Sadly, instead of working to debate and revise the bill, Republicans in the Senate are teaming up with the big banks. In fact, press reports confirm that Republican leaders have been meeting privately all month with Wall Street executives, plotting to weaken the bill. With their votes, it appears they're intent on carrying out that plan.

But President Obama has made it clear that any reform bill that doesn't go far enough to rein in the big banks is not acceptable. He's counting on us to speak up.

Can you post a link to this article that you posted per TOS.
 

brett636

Well-Known Member
If you truly believe that, your more gullible then I thought.

http://thehill.com/blogs/on-the-mon...ankfein-supports-financial-reform-legislation

I am not sure if your reading skills are up to the level of this article, but do your best and let us know what you think...

In fact, here is a quote from it

A financial regulatory reform bill has at least one supporter outside of Congressional Democrats, Lloyd Blankfein, the head of investment bank Goldman Sachs.
 

av8torntn

Well-Known Member
http://thehill.com/blogs/on-the-mon...ankfein-supports-financial-reform-legislation

I am not sure if your reading skills are up to the level of this article, but do your best and let us know what you think...

In fact, here is a quote from it


You beat me to it. I was gonna add if this were such a great bill why the bipartisan opposition? As it stands now this will give a near monopoly to a chosen few in the ability to insure against mortgage defaults. We do not even need to go into the expansion of powers given to the fed to know this bill should be DOA. In the most basic form this bill is an attempt to take risk away from investment banks and push it solely on the backs of the taxpayers. Why would any working class person support this?
 

unionman

Well-Known Member
http://thehill.com/blogs/on-the-mon...ankfein-supports-financial-reform-legislation

I am not sure if your reading skills are up to the level of this article, but do your best and let us know what you think...

In fact, here is a quote from it

No kidding there gonna be for Financial reform. Gee, I wonder why, mmmmm, maybe its because they got caught red handed screwing people over and being one of the major contributers to the worlds financial demise. Try reading between the lines. you just believe what you want to believe in your little mind don't you?
 
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