RE: Obama takes on Wall Street--Wall Street needs to be reformed!

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RE: Obama takes on Wall Street--Wall Street needs to be... - 12/19/2008 4:21:10 AM

DarkSteven

Posts: 28072
Joined: 5/2/2008
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quote:

ORIGINAL: gman992

The problem isn't Wall Street. It's Congress...they started this mess with the Fannie Mae/Freddie Mac garbage. Half of the people on the Housing Committee including Barney Frank and Chris Dodd were taking money from them. Also, of course, Barry's chief economic advisor, who was under investigation. Of course, this all started with Clinton's HUD when they decided to give loans out to people who couldn't afford them. Is it ironic that loans designed to help people end homelessness made more people homeless when all of the banks shut down?

I respectfully disagree. Wall Street has gone way too far with risk in the name of profit. Congress has not instigated any of the fraud; they've simply been enablers for it.

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(in reply to gman992)

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RE: Obama takes on Wall Street--Wall Street needs to be... - 12/19/2008 6:21:07 AM

pahunkboy

Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline

quote:

ORIGINAL: MzMia

Well, Obama has named 3 more of picks for his economic team.
Obama has stated that there needs to be a shift of ethics on Wall Street,
and that Wall Street has lacked adult supervision.

I find the comment about "adult supervision" funny.
Is Obama suggesting that the folks in charge these days, are running around
wild in need of supervision?
Obama states that we are BADLY in need of reform!
I can't wait to see the "Changes" that are coming our way.

Obama chooses 3 more to take on financial reforms - BusinessWeek

Mia, you know I post what is on my mind, in particular over Obama.
It does appear that he will institute Larouches ideas, which line up with Ron Paul, Peter Schift, etc.

I for one am done being a colony for the new world order.   The constitution is a brilliant document which in part was designed to fight financial tyranny.

I am upbeat over his willingness to place Larouches ideas, which return us to the constitution. The money changers will fight to the death.   Maybe.

smile!   :-)

(in reply to MzMia)

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Post #: 22

RE: Obama takes on Wall Street--Wall Street needs to be... - 12/19/2008 11:17:00 PM

MzMia

Posts: 5333
Joined: 7/30/2004
Status: offline

quote:

ORIGINAL: pahunkboy

quote:

ORIGINAL: MzMia

Well, Obama has named 3 more of picks for his economic team.
Obama has stated that there needs to be a shift of ethics on Wall Street,
and that Wall Street has lacked adult supervision.

I find the comment about "adult supervision" funny.
Is Obama suggesting that the folks in charge these days, are running around
wild in need of supervision?
Obama states that we are BADLY in need of reform!
I can't wait to see the "Changes" that are coming our way.

Obama chooses 3 more to take on financial reforms - BusinessWeek

Mia, you know I post what is on my mind, in particular over Obama.
It does appear that he will institute Larouches ideas, which line up with Ron Paul, Peter Schift, etc.

I for one am done being a colony for the new world order.   The constitution is a brilliant document which in part was designed to fight financial tyranny.

I am upbeat over his willingness to place Larouches ideas, which return us to the constitution. The money changers will fight to the death.   Maybe.

smile!   :-)

You sound happy and upbeat pahunky!

Happy Holiday's to you!
You can fight the power, with a smile on your face!

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(in reply to pahunkboy)

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Post #: 23