Wall Street Reform?

[blacken700]

i know billy, she's an ugly dike

[Soul Crusher]

not only, no, the GOP needs to be the party of HHHHEEEELLLLLL  NNNOOOOOOO. 

[24KT]

i know billy, she's an ugly dike

http://entertainment.msn.com/video/?g=3ef4fe4c-b4f3-48c5-9d5b-2d279c7f5f4e

Apr 22: Democrats wise to GOP ways

Rachel Maddows reports on President Obama's address to Wall Street Yuesday and notes that the Republican obstruction strategy that was so effective against health reform is not working against finance reforms. The Nation's Chris Hayes joins for analysis.

[GigantorX]

She needs to shut the fuck up.

Anyways, any bill that doesn't reinstate Glass-Steagal and break up the To Big To Fail institutions is a fucking waste of time and total fuck over of the American people. I'm sure her cute little "segment" has that to say? This bill by the Democrats is a sick and cynical joke as it doesn't address any major issues that caused this mess in the first place.

I'm sure this video covers all of that. Or it just blames Republicans.

[what:]

She needs to shut the fuck up.

Anyways, any bill that doesn't reinstate Glass-Steagal and break up the To Big To Fail institutions is a fucking waste of time and total fuck over of the American people. I'm sure her cute little "segment" has that to say? This bill by the Democrats is a sick and cynical joke as it doesn't address any major issues that caused this mess in the first place.

I'm sure this video covers all of that. Or it just blames Republicans.

How will Glass-Steagal prevent another meltdown?  I'm no saying you're wrong, I'm just curious. 

[GigantorX]

How will Glass-Steagal prevent another meltdown?  I'm no saying you're wrong, I'm just curious. 

One of Glass-Steagal's major provisions was that it prevented banks, investment firms, insurance firms etc from merging to form one company. It kept all of those separate and independent.

If it was still in place you wouldn't see major banks exposing themselves to risky trading platforms and all of the other garbage that intertwined our financial system with hell. It would have made banks becoming "To Big To Fail" pretty much impossible.

That's why I found and still find Carl Levins, or any other dumbass  Congressmen that voted for the 1999 Financial Modernization Act to be a liar and hypocrite.

[Soul Crusher]

Remember another thing Gigantor - the repeal of Glass Steagall allowed these banks to use the deposits, savings, and checking of oridinary depositors and customers on the banking side as part of their capital reseves in terms of leverage and capital requirements on these crazy investment vehciels they were gambling on, in the investment side.

I'm telling you, get this book.  You will learn more in 700 pages than you ever thought possible on how banking works. 

 
 

 

[BM OUT]

We dont  need wall street reform we need government reform.The VERY LAST people on earth who should be regulating ANYTHING is the utter absolute failures in congress who were THE REASON for the housing market collapse.

[Bindare_Dundat]

[Fury]

Remove the ability for banks to have their own in-house trading divisions. Problem solved.

[BM OUT]

i know billy, she's an ugly dike

And a lying piece of crap who to this day hasnt appologised for claiming census worker was killed because of talk radio.