Comments on: Just Another Dog and Pony Reform Show http://www.noquarterusa.net/blog/44458/just-another-dog-and-pony-reform-show/ Sun, 27 May 2012 09:27:00 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: b http://www.noquarterusa.net/blog/44458/just-another-dog-and-pony-reform-show/#comment-1336763 b Fri, 23 Apr 2010 12:16:44 +0000 http://www.noquarterusa.net/blog/?p=44458#comment-1336763   Are you complaining that the adminstration is not doing enough? Sure they can always do more, but what they are doing is ground breaking and should go a long way to helping to prevent this kind of financial meltdowns again and to stop further tax payer bail-outs. You need to understand the legislation better.    Obama is making some pretty important changes. This is significant after several decades of unfettered deregulation. These are big changes and a change in mentality.    Why do you think the financial industry is lobbying so hard against these changes and the Republicans are against any real substantial change and will vote against this?  
Are you complaining that the adminstration is not doing enough? Sure they can always do more, but what they are doing is ground breaking and should go a long way to helping to prevent this kind of financial meltdowns again and to stop further tax payer bail-outs. You need to understand the legislation better. 
 
Obama is making some pretty important changes. This is significant after several decades of unfettered deregulation. These are big changes and a change in mentality. 
 
Why do you think the financial industry is lobbying so hard against these changes and the Republicans are against any real substantial change and will vote against this?

]]> By: b http://www.noquarterusa.net/blog/44458/just-another-dog-and-pony-reform-show/#comment-1336762 b Fri, 23 Apr 2010 12:15:15 +0000 http://www.noquarterusa.net/blog/?p=44458#comment-1336762 Linda, Are you complaining that the adminstration is not doing enough? Sure they can always to more, but what they are doing is ground breaking and should go a long way to helping to prevent this kinds of financial meltdowns again and to stop further tax payer bail-outs. You need to understand the legislation better. Obama is making some pretty important changes. This is significant after several decades of unfettered deregulation. These are big changes and a change in mentality. Why do you think the financial industry is lobbying so hard against these changes and the Republicans are against any real substantial change and will vote against this? Linda,

Are you complaining that the adminstration is not doing enough? Sure they can always to more, but what they are doing is ground breaking and should go a long way to helping to prevent this kinds of financial meltdowns again and to stop further tax payer bail-outs. You need to understand the legislation better.

Obama is making some pretty important changes. This is significant after several decades of unfettered deregulation. These are big changes and a change in mentality.

Why do you think the financial industry is lobbying so hard against these changes and the Republicans are against any real substantial change and will vote against this?

]]> By: Doc99 http://www.noquarterusa.net/blog/44458/just-another-dog-and-pony-reform-show/#comment-1336537 Doc99 Thu, 22 Apr 2010 20:45:24 +0000 http://www.noquarterusa.net/blog/?p=44458#comment-1336537 Goldman Boss Met With White House at least Four Times. http://www.mcclatchydc.com/2010/04/21/92637/goldmans-connections-to-white.html Goldman Boss Met With White House at least Four Times.
http://www.mcclatchydc.com/2010/04/21/92637/goldmans-connections-to-white.html

]]> By: beyond_words http://www.noquarterusa.net/blog/44458/just-another-dog-and-pony-reform-show/#comment-1336498 beyond_words Thu, 22 Apr 2010 18:47:07 +0000 http://www.noquarterusa.net/blog/?p=44458#comment-1336498 Heading in newsline: "Join us Instead of Fighting Us" Ozero quote: ...and he pressed his case for what he called “a common-sense, reasonable, <b>non-ideological</b>” system of tighter regulation to prevent any recurrence. He took issue with the claim that his proposal would <b>institutionalize the idea</b> of future bailouts of huge banks. “That may make for a good sound bite, but it’s not factually accurate,” Mr. Obama said. “It is not true. In fact, the system as it stands is what led to a series of massive, costly taxpayer bailouts. And it’s only with reform that we can we avoid a similar outcome in the future. In other words, a vote for reform is a vote to put a stop to taxpayer-funded bailouts. That’s the truth. End of story.” <a href="http://www.nytimes.com/2010/04/23/business/economy/23obama.html?src=mv" rel="nofollow">http://www.nytimes.com/2010/04/23/business/economy/23obama.html?src=mv</a> He totally contradicted himself in the same paragraph. Not everyone listens to the "tone of voice" when a speech is delievered but actually the words spoken... They're trying to set a precedent where future bank bailouts are considered the "norm" in operational business but in the same breath telling the public bullshit "no more taxpayer money for bank bailouts because your supposedly not being honest with the $ loans" to make themselves look good to joe american. reasoning of course behind the scenes is to increase more gov't control of the financial industry. Say what sounds good to the public then do the opposite in the same breath? Am i right in that conclusion? Heading in newsline:

“Join us Instead of Fighting Us”

Ozero quote:

…and he pressed his case for what he called “a common-sense, reasonable, non-ideological” system of tighter regulation to prevent any recurrence. He took issue with the claim that his proposal would institutionalize the idea of future bailouts of huge banks.

“That may make for a good sound bite, but it’s not factually accurate,” Mr. Obama said. “It is not true. In fact, the system as it stands is what led to a series of massive, costly taxpayer bailouts. And it’s only with reform that we can we avoid a similar outcome in the future. In other words, a vote for reform is a vote to put a stop to taxpayer-funded bailouts. That’s the truth. End of story.”

http://www.nytimes.com/2010/04/23/business/economy/23obama.html?src=mv

He totally contradicted himself in the same paragraph. Not everyone listens to the “tone of voice” when a speech is delievered but actually the words spoken…
They’re trying to set a precedent where future bank bailouts are considered the “norm” in operational business but in the same breath telling the public bullshit “no more taxpayer money for bank bailouts because your supposedly not being honest with the $ loans” to make themselves look good to joe american. reasoning of course behind the scenes is to increase more gov’t control of the financial industry.

Say what sounds good to the public then do the opposite in the same breath? Am i right in that conclusion?

]]> By: Peggy Sue http://www.noquarterusa.net/blog/44458/just-another-dog-and-pony-reform-show/#comment-1336402 Peggy Sue Thu, 22 Apr 2010 15:06:23 +0000 http://www.noquarterusa.net/blog/?p=44458#comment-1336402 I've read the same thing, Senneth, but all from Republican sources.  Haven't found any independent take on this, but according to Charles Krauthammer [obviously a conservative but a very smart conservative], the Congress would be emasculating itself and turning over additional powers to the Executive to deem which companies are dangeously unstable and ordering them to do x,y, and z, while giving Treasury the ability to bail out on Executive order and the Fed to print the money. Oh, happy days! I’ve read the same thing, Senneth, but all from Republican sources.  Haven’t found any independent take on this, but according to Charles Krauthammer [obviously a conservative but a very smart conservative], the Congress would be emasculating itself and turning over additional powers to the Executive to deem which companies are dangeously unstable and ordering them to do x,y, and z, while giving Treasury the ability to bail out on Executive order and the Fed to print the money.

Oh, happy days!

]]> By: Linda Anselmi http://www.noquarterusa.net/blog/44458/just-another-dog-and-pony-reform-show/#comment-1336396 Linda Anselmi Thu, 22 Apr 2010 14:35:45 +0000 http://www.noquarterusa.net/blog/?p=44458#comment-1336396 Thank you Creeper.  They really are must see video.  Black is a hero. Thank you Creeper.  They really are must see video.  Black is a hero.

]]> By: creeper http://www.noquarterusa.net/blog/44458/just-another-dog-and-pony-reform-show/#comment-1336393 creeper Thu, 22 Apr 2010 14:19:05 +0000 http://www.noquarterusa.net/blog/?p=44458#comment-1336393 Linda Anselmi, I owe you an apology and a thank you.  Because I can read faster than people can talk, I tend to pass over strings of videos.  In this case, doing so was a huge mistake.     R3A posted a link this morning to Black's testimony before the House Finance Committee.  Almost as an afterthought I clicked on it.  Thank dog I did.  It got me back here to look at the treasures you found.    Sorry for not crediting what you posted with being worth watching at first.  Thanks for posting these so I could see them when I finally woke up. *edited for attribution Linda Anselmi, I owe you an apology and a thank you.  Because I can read faster than people can talk, I tend to pass over strings of videos.  In this case, doing so was a huge mistake.  
 
R3A posted a link this morning to Black’s testimony before the House Finance Committee.  Almost as an afterthought I clicked on it.  Thank dog I did.  It got me back here to look at the treasures you found. 
 
Sorry for not crediting what you posted with being worth watching at first.  Thanks for posting these so I could see them when I finally woke up.

*edited for attribution

]]> By: creeper http://www.noquarterusa.net/blog/44458/just-another-dog-and-pony-reform-show/#comment-1336392 creeper Thu, 22 Apr 2010 14:17:38 +0000 http://www.noquarterusa.net/blog/?p=44458#comment-1336392 Linda Anselmi, I owe you an apology and a thank you.  Because I can read faster than people can talk, I tend to pass over strings of videos.  In this case, doing so was a huge mistake.  R3A posted a link this morning to his testimony before the House Finance Committee.  Almost as an afterthought I clicked on it.  Thank dog I did.  It got me back here to look at the treasures you found. Sorry for not crediting what you posted with being worth watching at first.  Thanks for posting these so I could see them when I finally woke up. Linda Anselmi, I owe you an apology and a thank you.  Because I can read faster than people can talk, I tend to pass over strings of videos.  In this case, doing so was a huge mistake. 

R3A posted a link this morning to his testimony before the House Finance Committee.  Almost as an afterthought I clicked on it.  Thank dog I did.  It got me back here to look at the treasures you found.

Sorry for not crediting what you posted with being worth watching at first.  Thanks for posting these so I could see them when I finally woke up.

]]> By: creeper http://www.noquarterusa.net/blog/44458/just-another-dog-and-pony-reform-show/#comment-1336387 creeper Thu, 22 Apr 2010 13:53:15 +0000 http://www.noquarterusa.net/blog/?p=44458#comment-1336387 It just never ends, does it?  After he rams the meaningless bank "reform" and the miserable VAT down our throats we'll get cap-and-trade shoved up the other end.  Meanwhile, we will continue our race to the bottom. It just never ends, does it?  After he rams the meaningless bank “reform” and the miserable VAT down our throats we’ll get cap-and-trade shoved up the other end.  Meanwhile, we will continue our race to the bottom.

]]> By: Sassy http://www.noquarterusa.net/blog/44458/just-another-dog-and-pony-reform-show/#comment-1336374 Sassy Thu, 22 Apr 2010 13:18:24 +0000 http://www.noquarterusa.net/blog/?p=44458#comment-1336374 Good job Linda! Your prose is as creative as Wall Street's bookkeeping! The Inspector General for TARP says that it has had limited effectiveness, and Fannie and Freddie still play "skip-to-my-lou-my darlin"! Good job Linda!
Your prose is as creative as Wall Street’s bookkeeping!
The Inspector General for TARP says that it has had limited effectiveness, and Fannie and Freddie still play “skip-to-my-lou-my darlin”!

]]> By: No Longer Banned in Beantown http://www.noquarterusa.net/blog/44458/just-another-dog-and-pony-reform-show/#comment-1336344 No Longer Banned in Beantown Thu, 22 Apr 2010 03:35:37 +0000 http://www.noquarterusa.net/blog/?p=44458#comment-1336344 Instead of "luh - uv" they will be singing " Kool - Aid" Your Kool Aid keeps lifting me higher.... Instead of “luh – uv” they will be singing ” Kool – Aid”

Your Kool Aid keeps lifting me higher….

]]> By: Senneth http://www.noquarterusa.net/blog/44458/just-another-dog-and-pony-reform-show/#comment-1336333 Senneth Thu, 22 Apr 2010 03:04:28 +0000 http://www.noquarterusa.net/blog/?p=44458#comment-1336333 I also believe this financial reform bill will give power to the executive for bailouts without having to go through congress.  I have been reading this point all over but have not checked it out myself.  Does anyone know if this is true? I also believe this financial reform bill will give power to the executive for bailouts without having to go through congress.  I have been reading this point all over but have not checked it out myself.  Does anyone know if this is true?

]]> By: ~~JustMe~~ http://www.noquarterusa.net/blog/44458/just-another-dog-and-pony-reform-show/#comment-1336325 ~~JustMe~~ Thu, 22 Apr 2010 02:32:14 +0000 http://www.noquarterusa.net/blog/?p=44458#comment-1336325 Come on now AC he needs some music for his groupies so he can get all wee weed up! Come on now AC he needs some music for his groupies so he can get all wee weed up!

]]> By: Obamastolemyparty,myboyfriend,mycountryandmyhealthcare http://www.noquarterusa.net/blog/44458/just-another-dog-and-pony-reform-show/#comment-1336312 Obamastolemyparty,myboyfriend,mycountryandmyhealthcare Thu, 22 Apr 2010 01:51:48 +0000 http://www.noquarterusa.net/blog/?p=44458#comment-1336312 He never does, does he? That's not the SEC I knew! That's not the Goldman Sachs I knew! That's not the Anthem Blue Cross I knew! He never does, does he?

That’s not the SEC I knew!

That’s not the Goldman Sachs I knew!

That’s not the Anthem Blue Cross I knew!

]]> By: Why The Sudden Bi-Partisan Financial Regulation Interest? : The Other McCain http://www.noquarterusa.net/blog/44458/just-another-dog-and-pony-reform-show/#comment-1333758 Why The Sudden Bi-Partisan Financial Regulation Interest? : The Other McCain Thu, 22 Apr 2010 01:41:36 +0000 http://www.noquarterusa.net/blog/?p=44458#comment-1333758 [...] is a new element of seriousness attached to” negotiations to iron out differences in the bill.No Quarter falls short of enthusiastic:”Just Another Dog and Pony Reform Show”. . .you might want [...] [...] is a new element of seriousness attached to” negotiations to iron out differences in the bill.No Quarter falls short of enthusiastic:”Just Another Dog and Pony Reform Show”. . .you might want [...]

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