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On Sun, 25 Apr 2010 14:46:44 -0500, Jim wrote:
Saw Corker and Goolsbee talking on TV about the financial reg bill the Dems are trying to ram through. $50 billion fund, an invitation for fraud. except the fund would be funded by a wall street tax. No break up of the "too big to fail" financial institutions. except derivatives would be traded in the open market, not like they are now. First time one of those starts to fail where the economy is badly affected, guess what? Taxpayer bailout. They'll use a lot of bpharic's taxes. just like they used alot of mine now due to CONSERVATIVE economic practices guess you kinda forgot that, didn't you? we have the economy NOW that has been advocated by alan greenspan, milton friedman and the 'chicago school' of ultra right wing free market fundies how'd that work out? 15 years ago the financial sector was 17% of GDP. Now 63%. yeah. aint conservative capitalism great? Biggest product? Crooked billionaires and economic woe for the U.S.A. yeah. aint conservative capitalism great? What? The Dems are ramming it through as fast as they can so the folks don't get wise to how they're kissing Wall Street ass. except, of course, the GOP is already meeting behind closed doors to stop even THIS weak bill because of free market capitalism how's that working out? Looks like the Republicans should be doing this bill, or better yet, the Tea Party. Jim - You wonder why there's a Tea Party? You wonder? the teabaggers ARE republicans...they just want FEWER regulations on wall street. |
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