Republican Senator Wants Failed Company Executives To Give Back Their Dough…

Is water-boarding off the table? It could not really hurt a shark…just rough him up a little!
Corker is a pleasant surprise! He’s short but tenacious.
This legislation will pass but the current form has resistance from both sides, and the “president’s principles” won’t be included for they are non-existant!

Bob’s a corker.

Carry on, Senator.

So Goolsbee is on board with Obama attacking Wall Street only if it doesn’t hurt the poor little darlings. We knew it was b.s. and they knew we knew but they didn’t expect someone like Corker to make them expose themselves so quickly. (Try not to think about that last sentence, it’s make you nauseous.)

The trouble with people that always assume that they are the smartest folks in the room is that sometimes they’re just plain wrong. You also don’t have to be as smart as the opposition when the media plays on your team.

So Goolsbee is on board with Obama attacking Wall Street only if it doesn’t hurt the poor little darlings. I love to watch when some asshat like Goolsbee is backed into a corner and has to try to work his way out. Not very good at it, probably from lack of practice due to a media bias.

We knew it was b.s. and they knew we knew but they didn’t expect someone like Corker to make them expose themselves so quickly. (Try not to think about that last sentence, it’s make you nauseous.) 
 
The trouble with people that always assume that they are the smartest folks in the room is that sometimes, much to their amazement they’re not.

Or even worse, they get blindsided by someone that isn’t as smart, but is just smart enough. What a blow to the old ego that must be.

This administration is not used to being challenged. Their lies and deceptions are not very sophisticated. That may be the transparency Obama spoke of cause we can see right through them. This is all smoke and mirrors. Why not ask how long they’ve had those emails of Goldman Sachs they’ve been releasing. Bet they had them long ago when they were handing out the bailout dollars but only released them now so they can appear outraged for the 2010 midterm elections. Its called populist rhetoric. Its the same thing alot of Tea Partiers have been screaming about for months now.

how can someone live their life with the fear tht the money they earned in the last 3 years could be taken back from them?  thats outrageous and “unamerican”.

the only reason you guys are even discussing it is because of the bailouts.  if we didn’t bail these people out, they wouldn’t bet on failure knowing they have a sucker in the taxpayers to hold the bag.  let them fail and you will see a record bonus of ZERO dollars.

Ani,

Many Wall Street firms have already put clawback provision in their compensation formulas. This is old news and is in the banks’ interest to do this already. Corker is saying nothing new that has not already been done.

Corker is just throwing up bullshit as he tries to continue to delay. He is really just bring up non-issues or side-issues to deflect from the much larger issues.

If is funny to have a “free-market” Republican talking about how businesses should compensate their employees. I bet the rest of the Republican party would not go along with this. Just a waste of time for Corker to talk about this.

See as an example:

“UBS Claws Back $282 Million of Bonuses After Posting 2009 Loss”

http://www.bloomberg.com/apps/news?pid=20601087&sid=aXPA95YPD4.0&pos=5

Or

“Credit Suisse Overhauls Compensation”

“Claw-back provisions are becoming increasingly common on postcrisis Wall Street. Critics say the industry’s decades-old bonus culture, which focused on short-term profits, encouraged the excessive risk-taking that led to the crisis. Morgan Stanley introduced provisions for a portion of its employees’ bonuses last year, and another Swiss banking giant, UBS, imposed similar rules on deferred pay.”

http://www.nytimes.com/2009/10/21/business/global/21pay.html

But I don’t think they should have been bailed out — that is part of the problem even Sherrod Brown was complaining about.  NPR complained of this too — the “Too big to fail” crap remains in tact.  As long as these reckless idiots know that the government will bail them out when they blow it, they will continue to take ridiculous gambles with what amounts to our money and thumb their noses at those who wish to vilify them while they enjoy life on their yacht.

When all this muck was first discovered with toxic assets mixed in with the good, mortgage backed securities being distributed everywhere and all these derivative products, we were hiring the very people who made this mess to fix it and unravel the gordian knot.  The FBI should have dragged them from their homes and made them a deal — “since you made this filthy mess and ruined peopled life savings, you fix this for no salary and maybe we won’t put your sorry ass in jail.”

Only when you make an example of these criminals and show them there will be hellacious penalties do you even have a shot that this behavior will not continue.

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AMERICAN CAPITALISM GONE WITH A WHIMPER
Pravda.Ru
April 26, 2010
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It must be said, that like the breaking of a great dam, the American decent into Marxism is happening with breath taking speed, against the back drop of a passive, hapless sheeple, excuse me dear reader, I meant people.
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True, the situation has been well prepared on and off for the past century, especially the past twenty years. The initial testing grounds was conducted upon our Holy Russia and a bloody test it was. But we Russians would not just roll over and give up our freedoms and our souls, no matter how much money Wall Street poured into the fists of the Marxists.
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Those lessons were taken and used to properly prepare the American populace for the surrender of their freedoms and souls, to the whims of their elites and betters.
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First, the population was dumbed down through a politicized and substandard education system based on pop culture, rather then the classics. Americans know more about their favorite TV dramas then the drama in DC that directly affects their lives. They care more for their “right” to choke down a McDonalds burger or a BurgerKing burger than for their constitutional rights. Then they turn around and lecture us about our rights and about our “democracy”. Pride blind the foolish.
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Then their faith in God was destroyed, until their churches, all tens of thousands of different “branches and denominations” were for the most part little more then Sunday circuses and their televangelists and top protestant mega preachers were more then happy to sell out their souls and flocks to be on the “winning” side of one pseudo Marxist politician or another. Their flocks may complain, but when explained that they would be on the “winning” side, their flocks were ever so quick to reject Christ in hopes for earthly power. Even our Holy Orthodox churches are scandalously liberalized in America.
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The final collapse has come with the election of Barack Obama. His speed in the past three months has been truly impressive. His spending and money printing has been a record setting, not just in America’s short history but in the world. If this keeps up for more then another year, and there is no sign that it will not, America at best will resemble the Wiemar Republic and at worst Zimbabwe.
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These past two weeks have been the most breath taking of all. First came the announcement of a planned redesign of the American Byzantine tax system, by the very thieves who used it to bankroll their thefts, loses and swindles of hundreds of billions of dollars. These make our Russian oligarchs look little more then ordinary street thugs, in comparison. Yes, the Americans have beat our own thieves in the shear volumes. Should we congratulate them?

Many Wall Street firms have already put clawback provision in their compensation formulas.
===============
Oh, as though that will make amends for all the malfeasance and outright theft that went on beforehand. You’re a cute one, banker. I don’t like any of the solutions proposed by either party so far. My solution would be to have those miscreants who were party to the meltdown bob for french fries in a vat of our choosing. Of course, I would give them the alternative of drawing and quartering.

Your choice, Mr. Bank. The pitchforks we carry aren’t just for the Democrats.

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27.04.2009

<img src=”http://cdn.js-kit.com/img/ar_gr.gif”/>Source: Pravda.Ru

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These men, of course, are not an elected panel but made up of appointees picked from the very financial oligarchs and their henchmen who are now gorging themselves on trillions of American dollars, in one bailout after another. They are also usurping the rights, duties and powers of the American congress (parliament). Again, congress has put up little more then a whimper to their masters.
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Then came Barack Obama’s command that GM’s (General Motor) president step down from leadership of his company. That is correct, dear reader, in the land of “pure” free markets, the American president now has the power, the self given power, to fire CEOs and we can assume other employees of private companies, at will. Come hither, go dither, the centurion commands his minions.
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So it should be no surprise, that the American president has followed this up with a “bold” move of declaring that he and another group of unelected, chosen stooges will now redesign the entire automotive industry and will even be the guarantee of automobile policies. I am sure that if given the chance, they would happily try and redesign it for the whole of the world, too. Prime Minister Putin, less then two months ago, warned Obama and UK’s Blair, not to follow the path to Marxism, it only leads to disaster. Apparently, even though we suffered 70 years of this Western sponsored horror show, we know nothing, as foolish, drunken Russians, so let our “wise” Anglo-Saxon fools find out the folly of their own pride.
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Again, the American public has taken this with barely a whimper…but a “freeman” whimper.
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So, should it be any surprise to discover that the Democratically controlled Congress of America is working on passing a new regulation that would give the American Treasury department the power to set “fair” maximum salaries, evaluate performance and control how private companies give out pay raises and bonuses? Senator Barney Franks, a social pervert basking in his homosexuality (of course, amongst the modern, enlightened American societal norm, as well as that of the general West, homosexuality is not only not a looked down upon life choice, but is often praised as a virtue) and his Marxist enlightenment, has led this effort. He stresses that this only affects companies that receive government monies, but it is retroactive and taken to a logical extreme, this would include any company or industry that has ever received a tax break or incentive.
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The Russian owners of American companies and industries should look thoughtfully at this and the option of closing their facilities down and fleeing the land of the Red as fast as possible. In other words, divest while there is still value left.
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The proud American will go down into his slavery with out a fight, beating his chest and proclaiming to the world, how free he really is. The world will only snicker.
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Stanislav Mishin
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The article has been reprinted with the kind permission from the author and originally appears on his blog, Mat Rodina
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LINK:

http://english.pravda.ru/opinion/columnists/27-04-2009/107459-american_capitalism-0

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Pravda is now more accurate than NYTs or WaPo.

Obamaland is now far left of Russia and China.

Chavez is an Obama brother.

Castro and Che are heroes.

Max Baucus: A bank tax is coming

“I don’t think there’s much doubt that there will be a bank tax,” Senate Finance Committee Chairman Max Baucus told POLITICO. And more than ever, the Montana Democrat signaled that Congress will also crack down on wealthy hedge fund and private equity partners who shelter their income as capital gains — taxed at half the top 35 percent rate.
“I’ve asked my staff to look at alternatives … Carried interest will probably be part of the offsets,” said Baucus. “We were thinking of putting it on later as part of tax reform. But we’re here; we’re here now.”
http://www.politico.com/news/stories/0410/36326.html

I don’t like bailouts or clawbacks. See, this is the problem the Gov has set up. Normally in America you have to right to really foul up your job, to bankrupt your company. And they have the right to fire you and go out of business. If you did something illegal, you would be prosecuted. If not you simply wander off in disgrace and everybody is pissed off at you.

Now that we’ve got taxpayers dollars being funneled into companies, there’s no natural system of accountability so every politician from coast to coast has a new issue to bloviate about. We’re going to take their bonuses, we’re going to make the evil corporation pay. But of course they aren’t going to do anything at all, except coast along on all this public outrage they have corralled for themselves.

There’s an appropriate comment here…something about horses and locking the barn door.

Bank, Senator Corker is not the ranking member of the Finance Committee, but stepped in when a stalemate developed.
He has made an effort to craft a bipartisan bill that is effective.
If the democratic majority had done their job since 2006, we might not be racing toward the cliffs!

Yes, I believe the British are bringing in something similar.

Seems to me that due to a fear of not being on the inside looking out as opposed to being on the outside looking in, no Administration is challenged very much any more.

Media is so in bed with the party in power that the incest is repulsive. Of course the “slobbering love affair” with Obama went further than the norm.

If you did something illegal, you would be prosecuted.

Apparently, despite all the evidence of fraud, there seem to be no prosecutions except for the Goldman Sachs civil suit.

If corporations are people, why don’t all the laws that apply to us apply to them? I’d like to put a corporation in jail.

Seems to me that due to a fear of not being on the inside looking out as opposed to being on the outside looking in, no Administration is challenged by media very much any more. 
 
Media is so in bed with the party in power that the incest is repulsive. Of course the “slobbering love affair” with Obama went past repulsive into disgusting-beyond-belief.

We now have a good litmus test for the character of candidates, if the media slobbers it’s a good bet we shouldn’t support the object of their asskissing.

Ferd,

You are more likely going to get the justice you desire regarding Wall Street than from the Republicans. Although both take money from the financial industry, it the the Dems who are trying to push through change and the Repubs who stand for really no change.

Funny how the politicial theater we call Congress rushes to fix problems for which they are responsible for causing. Well, not funny. More like a good reason to vote every last asshat sitting on their brains in Congress.

What about experience? Haven’t we been screwed enough by all those “experienced” crooks? Newbies couldn’t do worse and they might be scared enough of an alert and angry citizenry to actually do what’s best for the country not just score political points for their party.

Media will do what it always does. Blah blah blah blah…

Sassy,

Democrats only took congress in Jan 2007 after Nov. 2006 election. They were in no position to change anything, as the Repubs held all the power. Everything they proposed was veto by Bush. Record number of vetos. The problems related to financial regulation evolver long before the Dems took Congress in Jan. 2007. It was Bush guys who actually did most of the deregulation and sat on their hands.

“Your choice, Mr. Bank. The pitchforks we carry aren’t just for the Democrats.”

Take two, Ferd. They’re small…

Ani, if you believe Corker, I have a bridge for sale.  Corker knows what he’s proposing would is not worth anything.  There’s no court that would force executives to give back the money.  If Corker was interested in getting back that money, he’d tax it.  Maybe the IRS has the power to change the law retroactively, but even that’s questionable. 

It’s as much a delaying tactic as it is to want the authority to break up banks if they are too big and in trouble.  Right.

It is interesting that republicans can’t make even useful inputs into these bills, else they are labeled as obstructionist and delaying tactics. For example, the provision to not give viagra type drugs to sex offenders in the health bill. Surely, that made sense and it is something people can relate to as well. This was labelled delaying and obstructionist by the new democrats. Now this seemingly reasonable avenue about clawbacks should be at least looked at and we are seeing the same type response. What if a democrat wanted to add something? Better yet… why is it that they never do? Why is the only action acceptable to fall in line with the way the lobbyists write these bills? Why do we even need congress, if they are just going to let lobbyists pass the bills? New democrats now are a bunch of sheep it seems to me… that or hogs with their snouts in the trough.

Thanks for nothing, troll. You comment and a dollar bill woudn’t get anyone a cup of coffee. Try peddling your worn-out wares over at HuffyPoo, where any stream of unconsciousness is welcome as they need the material.

In the meantime, “Pitchfork”, find a hotel room where you can fellate yourself and Oblahblah all at the same time. It will save the taxpayers from paying twice for yours and his pecadillos.

Thanks, Anthony, I’ll do just that.

“For example, the provision to not give viagra type drugs to sex offenders in the health bill. Surely, that made sense and it is something people can relate to as well. This was labelled delaying and obstructionist by the new democrats“

C’mon now, Doceider – don’t be so harsh.

After losing all Independents, moderates on both sides of the aisle, women, the “youth vote”, and most people still in their right mind, the DEMs had little choice but to insist that this provision remain intact.

Breeding seems to be their only viable option to replace those of us who left the party in droves and haven’t returned.

“if the media slobbers it’s a good bet we shouldn’t support the object of their asskissing.”

Maybe we should send them flowers for making it so easy?

While everyone’s attention is conveniently focused on Goldman and Sachs, and Corker proposes going after CEO’s of failed entities, no one seems to notice that the two biggest culprits in this economic tragedy, Fannie and Freddie, are quietly tip-toeing off the stage. Where’s the scorching critique of these two miserable actors? Why doesn’t Corker attempt to claw back the hundreds of millions that characters like Jim Johnson, Franklin Raines, Jamie Gorelick, and their pals made off with?

“Investigation by the OFHEO detailed in their official report on the accounting scandal in 2006 on page 66 that from 1998 to 2002 Gorelick received a total of $26,466,834.00 in income.”

This is just Gorelick, the others got much more in a shorter time span. And in the case of Fannie and Freddie, it was determined beyond doubt that the books were cooked a la Enron, and yet where were the punishments for the scoundrels responsible? I don’t recall perp walks and highly publicized prosecutions that were similar to Kenneth Lay’s treatment. Could it possibly be that they were shielded by their Democrat buddies in high places, like Franks, Dodd, and yes, Obama? People wanted to lynch Lay, why do far worse criminals like Raines and Johnson, and those who provided cover for them, get a pass?

Don’t wonder why the corrupt Chicago political machine is now running things in D.C., the Democrat Crime Syndicate was already well established there, they were just going to let the Chicago Mob run things for a while.

Looks like there’s a pesky obot bogey at your 10 o’clock, Ferd.  I suspect “Jobs”, “Pitchfork”, and “Bank” are all the same little single obot flying around NQ.

Notice how there is only one?  Obama just called out for his homeys and all we get is one?

Tragic – kind of like when Germany lost the war – twice.

As of now, it looks like the Republicans will filibuster the first vote on financial reform. It also looks like they’re pursuing the most asinine political strategy I’ve ever heard of, according to Politico:
Republicans acknowledge privately that the headlines won’t look good if the entire conference votes unanimously against consideration of the bill. But with both sides expected to return to talks soon after the vote, they are betting on the storyline shifting quickly. The short-term hit will be worth the longer-term gain of producing a more conservative measure, Republicans aides said. Republicans also argue Democrats are overestimating the political staying power of this single vote, as long as a bipartisan deal is eventually released.

What’s more, Republicans are no longer even pretending to be able to hold the line after today’s vote. This is amazing:

McConnell secured a commitment from his conference to hold together in opposition on the first vote, but all bets are off after that, aides acknowledge. McConnell’s challenge after Monday is preventing moderates such as Snowe and Sen. Susan Collins (R-Maine) from breaking away and weakening Republican leverage.

Now that the Democrats know the Republicans are planning to defect after the first vote, why on Earth would they compromise? Moreover, what is the point of taking the hit by filibustering reform in the first place? It could work, in theory, if you could bluff the Democrats into thinking the GOP might hold the line indefinitely. But I’m pretty sure the Democratic party has access to articles published in Politico, which means the jig is up. So now the Republicans are trying to bluff in poker when they and their opponent know they have the weaker hand, and their opponent has heard them admit that their strategy is to bet for a couple rounds and fold before the end. Why not just cut their losses now? This makes zero sense.

Thanks for the warning, Buzz. Yeah, things are getting tight at ObotHq. That One and his need for constant attention is robbing the bots of their livelihood and then what we end up getting are the real dullards in the botcamp. And yeah, this really isn’t the most stellar strategy on their part. They know we know who they are but in lieu of going elsewhere, they compound the problem by pissing off a whole new group of NQ regulars.

Just say flag to trolls.

No, you just made zero sense.  Picture this:  Both sides have more accurate and more connected sources than Politico…

Rimshot.

Bush, blah, blah, blah
Racists, blah, blah, blah
Obama is God, blah, blah, blah
Where’s my mortgage payment, blah, blah, blah

Thanks, Buzzlatte.  It’s been looking like a revolving door with obots here lately.  I never stopped to think that it might be the same one going round and round and round and rou…

That would explain the dizzy comments.

Bush is at fault blah, blah, blah
Clinton is at fault, blah, blah, blah
I had 14 too many kids, which is also someone else’s fault, blah, blah, blah
I can’t keep it in my pants, blah, blah, blah
Where’s my mortgage payment for voting for Oblahblah, blah, blah, blah
Where’s my reperation payment for having some distant relative live during the 19th century, blah, blah, blah

Bush is at fault blah, blah, blah 
Clinton is at fault, blah, blah, blah 
I had 14 too many kids, which is also someone else’s fault, blah, blah, blah 
I can’t keep it in my pants, blah, blah, blah 
Where’s my mortgage payment for voting for Oblahblah, blah, blah, blah 
Where’s my reparation payment for having some distant relative live during the 19th century, blah, blah, blah

Was going to do that, but needed to check first:  Is being an assclown the same as posting an inappropriate message?

Well, Oa, the thing is they’re crooks, but they’re Obama’s crooks.

Absolutely. anytime Freed-dumb posts, something inappropriate is served up for our displeasure. He serves no useful purpose but to be a gainsaying tart.

Anthony, just wait a doggone minute. Who was giving Viagra to sex offenders  in the first place?  This is too bizzare for words.

Onofre’s arm, this would, of course, and I thought you would already know this, probably be a racist move on Corker’s part.  It would be racist because it might imply that you voted for the white guy–what’s his name?  McCain wasn’t it—who tried to get some regulations on those two entities, but the Dems insisted they didn’t need them.  All those people you mentioned, were of course NOT racist and therefore pure and good because they supported the Democrats.

Maybe he was afraid to out himself as a racist.

Of course I could be wrong on this.  I do have to agree with you that everyone seems to forget the major part the whole housing bubble had to do with our financial crisis and Washington and Wall Street are too interested in the people with the same vaulted status as they have.  Why worry about how these non-racist Dems screwed a lot of regular people where it hurts most, in their homes?

Pravda is not only more accurate than NYT or WaPo nowadays, it’s a lot more entertaining!

Was referring to Doceider’s post above my response

Thee One is the Only One who Must remain Blameless and Unstainable.  Holy Holy Oh Holy Oh Holy Forever and Ever Hallelujah Amen.

ROFL. At first I read your post incorrectly and thought it said, “Thee One is the Only One who Must remain Blameless and Unstable“. Then I saw the “unattainable”, which is funny. However, I do think unstable works better, oowawa.

“While everyone’s attention is conveniently focused on . . . ”

Yep Onofre’s arm, we will be able to preface many comments with this phrase in the coming months.  We have entered the era of masterful political prestidigitation, of sleight of hand, of razzle dazzle ‘em, of pure con-artistry by a bunch of phonies who have studied how to create a distraction while picking your pocket.  Line up, rubes!  And look!  Over there! Mighty Mouse!

Ferd,

Well you certainly cannot blame the Obama failures of the banking system. He is only trying to clear up the mess.

The health bill as passed will give viagra to sex offenders, if prescribed. The doctor would have no way to know if somebody was or not. The republicans wanted to make sure that could never happen. That would have amended the lobbyists health bill and so it was labelled as being obstructionist and a delay tactic by the new democrats. They wanted to vote historically and on a schedule without thinking about consequences and so they did. So now if a sex offender is prescribed viagra there is no provision to not cover it. But the bill was historic. That is the important thing. New democrats won… thatis the most imprtant thing of all. Health care be damned, above all else the new democrats must win.

If you wanted to create a story board detailing the causes of the mortgage crisis, and the intricately incestuous web of political payoffs, campaign contributions, cushy appointments, and outright theft on an unbelievable scale, you should read these profiles:

http://en.wikipedia.org/wiki/James_A._Johnson_(businessman)

http://en.wikipedia.org/wiki/Daniel_Mudd

http://en.wikipedia.org/wiki/Franklin_Raines

http://en.wikipedia.org/wiki/Jamie_Gorelick

Many loose ends can be tied up, and a very accurate picture of this criminal empire starts to become recognizable once a lot of these pieces are added to the jigsaw puzzle that is a who’s who portrait of the Democrat Crime Family.

You’ll find all sorts of running themes, like Harvard educations, Goldman Sachs, and enriching Political/Private symbiotic relationships. You’ll also start to realize why GS will get off with less than a slap on the wrist, and why only relative outsiders and solo flyers like Madoff will end up hanging on meat hooks. 

Well you certainly cannot blame the Obama failures of the banking system. He is only trying to clear up the mess.
==================================
Wow, you’re not only part of the problem, you’re clueless about being part of the problem.

Well you certainly cannot blame the Obama failures of the banking system. He is only trying to clear up the mess. 
================================== 
Wow, you’re not only part of the problem, you’re clueless about being part of the problem.

And I never said Obama, you silly twit, I said “democrats”. You’ve also exposed our own guilt over voting for That One, huh?

Well you certainly cannot blame the Obama failures of the banking system. He is only trying to clear up the mess.  
==================================  
Wow, you’re not only part of the problem, you’re clueless about being part of the problem. 
 
And I never said Obama, you silly twit, I said “democrats”. You’ve also exposed your own guilt over voting for That One, huh?

Please.  How do you explins these idiots giving themselves record bonuses in 2009.  Clawback?  Don’t make me laugh.

Please.  How do you explain these idiots giving themselves record bonuses in 2009.  Clawback?  Don’t make me laugh.

And it seems that we really need the following book: “Guide for Wolves: How to Get the Sheep to Vote For You.”  It will be largely a synthesis of Machiavelli and Rules for Radicals.  Let’s get it all out in the open and written in simple words.  It would even work well in the “Complete Idiot’s Guide” series.

Obama and a long list of his connected pals are the architects of the banking disaster, the mortgage bubble, Wall Street mayhem, and the general crises with our economy. What he is doing now is simply Kabuki Theater that is meant to capture our attention while he and Geithner provide cover for the real vermin (their pals and contributors) to go to ground.  

Did you read my post?  I said Corker could just be doing “populist posturing.”  I am not advocating him as the greatest thing since sliced bread.  Only that he is bringing the truth into sharp relief — I believe he said what he said to expose those like Goolsbee and Obama, who like to pretend they are railing at the banking industry while in reality doing very little to rein in their irresponsible practices.

“those like Goolsbee and Obama, who like to pretennd they are railing at the banking industry while in reality doing very little to rein in their irrtesponsible practices.”

Yep.  Obama has got the MSM reporting a staged modern version of The Gunfight at the OK Corral, in which Thee One is playing Wyatt Earp, and Goldman Sachs and other corrupt Wall Street Tycoons are the Dalton Gang.  Guns will blaze, and Thee One will proudly walk away from the bloody fray, tipping his hat to the cheering bystanders.  Later, after the crowd disperses, all the outlaws will get up and grin, dust themselves off, and go down to have a few beers with Marshall Obama at the Hungry Wolf saloon . . .

“Guide for Wolves: How to Get the Sheep to Vote For You.” 

LMAO, oowawa, I think you’re really on to something here. It also has Shakespearian overtones, as when Titus Andronicus fed Tamora her own sons baked in a pie.

Yep, and he is already started hiking now. It won’t be long and he will be dressing like Bush II and be out there splitting wood. This is so predictable and ridiculously funny.

Yep, make the sheep think the other sheep are their real enemies and that wolves are needed to protect the sheep from each other. Maybe make one group of sheep red and the other blue. Make one group for poor sheep and one for rich sheep. one for brown sheep and one for white sheep, one for old sheep and one for old sheep…. then contort this all up so it is so confusing that the sheep can’t really tell anymore. Then the wolves will rule and feast while the sheep hate each other. No it would never work, too simple.

Ani,

Strange logic you have. Are you even following you own discussion? You talk about Corker above mention that banks need to inact clawbacks. I point out that many banks have already inacted clawbacks, so therefore what Corker is talking about is not all that relevant, as has really already been done. Corker therefore does not add much with his clawback comment and he should be talking about bigger issues. He is just wasting time.

Second, these clawback enacted by the banks were largely put in place in 2009. You cannot legally go back and take money away from people from what happened in 2007 and 2008. The new compensation plans apply going forward, which frankly is what Corker is talking about.

Banks paid big bonus in 2009 because the banks made big profits in 2009. You can disagree with that, which is fine, but that is besides the point of “clawbacks”.

You really need to do some more homework to better understand the issues you blog about.

Bank, you would do better to quit while you’re ahead as your abyssmal ignorance is not only on display on that dumb terminal where you post this dreck but also anywhere that this webpage can be accessed.

“Well you certainly cannot blame the Obama failures of the banking system. He is only trying to clear up the mess.”

I like the analogy – who are the wolves?

[...] This post was mentioned on Twitter by mbfromhb, Im a Linda Too. Im a Linda Too said: Republican Sen Corker wants 2add "clawback" provision 2 Finance reform,if CEOs drove 2 ruin,giv back thr$$ #news http://tinyurl.com/28yqpbn [...]

I see our troll has been exercising his freedom of deletion again.  This, more than anything, is cause for banning. 

Or does “Flag” really work?

thieves all of them

creeper: The flag *really* does work.

No shi…er, kidding?  Way cool!  Henceforth I shall, as you advised, flag early and often.

It beats banging your head against an impenetrable wall of ignorance represented by the bots.

“Who are the wolves?”

The ones dressed in sheep’s clothing . . .

Don’t you dare insult me about doing homework.  I don’t appreciate your pretending not to understand the point I am making either — we are not able to get restitution from these criminals from the worst ponzi scheme in a long time.  Someone else made the same point above.  Whatever they enact now is not retroactive — and it should be — these were criminal enterprises where people knowingly engaged in treacherous and reckless actions, gambling with the dearly held funds of others for their own selfish gain. 

Again, you are distracting from the point at hand — not that Corker is some genius — but that he is pointing out how phony Goolsbee et al are — the Obama administration will not enact legislation that has any teeth.  Corker was being provocative if nothing else. 

I don’t think either party has the stones to do that, frankly.

That asshat is another alias of Free-dumb Fighter, PO, or some other half-witted, half-pint, Ani. Please pay them no mind as the rest of us respect your insight.

Fzerd

That asshat is another alias of Free-dumb Fighter, PO, or some other half-witted, half-pint, Ani. Please pay them no mind as the rest of us respect your insight. 
 
Ferd

“I point out that many banks have already inacted clawbacks”

Name one.

“I point out that many banks have already inacted clawbacks” 
 
Name some.

You think Corker and the Republicans want legislation with teeth. Ha! Ha! You are more likely going to get a much stronger bill out of the democrats than out of the Republicans.

Funny Ani you are now sounding like a liberal or democrat. Funny from someone who has viciously critizing the Democrats and Obama for the better part of two plus years.

By the way I would love to hear your description of the ponzi scheme and who exactly should be criminally charged. I don’t think your hero McCain or the Republicans are saying that.

I think the Dems would push through much stronger reform is they could get the votes and some support from the Republicans. However, what is being proposed will go a long way to preventing future tax payer bail-outs.

Another troll. How quaint.

“I am deeply disappointed that Senate Republicans voted in a block against allowing a public debate on Wall Street reform to begin. Some of these Senators may believe that this obstruction is a good political strategy, and others may see delay as an opportunity to take this debate behind closed doors, where financial industry lobbyists can water down reform or kill it altogether. But the American people can’t afford that. A lack of consumer protections and a lack of accountability on Wall Street nearly brought our economy to its knees, and helped cause the pain that has left millions of Americans without jobs and without homes. The reform that both parties have been working on for a year would prevent a crisis like this from happening again, and I urge the Senate to get back to work and put the interests of the country ahead of party.” said Obama after the Repub block financial reform.

Obama is 100% right. The Repugs got us into this mess and now they want to prevent us from getting out of this mess or stop it from happening it again. Shame on the Repugs. A new low.