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Obama: Wall Street will play less dominant role
yahoo ^ | 5/3/09 | ap

Posted on 05/03/2009 2:24:02 PM PDT by Nachum

WASHINGTON – Wall Street is not going to play as dominant a role in the economy as regulations reduce "some of the massive leveraging and the massive risk-taking that had become so common," President Barack Obama says.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: agenda; bhoeconomy; obama; play; street; wall; wallstreet
These guys are shameless. They rape the banks and Investment houses, then ride in wearing their white hats.
1 posted on 05/03/2009 2:24:04 PM PDT by Nachum
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To: SumProVita; HardStarboard; BradyLS; Ernest_at_the_Beach; dervish; Twotone; Free ThinkerNY; ...

The list, ping


2 posted on 05/03/2009 2:24:32 PM PDT by Nachum (the complete list at www.nachumlist.com)
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To: Nachum

Obama: The Evil Capitalist Wall Street will play less dominant role in our Socialist Utopia Comrade!


3 posted on 05/03/2009 2:26:50 PM PDT by WaterBoard (Somewhere a Village is Missing it's Socialist.)
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To: Nachum
What he means is, no business will be conducted unless he and his crony oligarchs get a piece of the action.
4 posted on 05/03/2009 2:27:05 PM PDT by Mad_Tom_Rackham (What did Obama's Teleprompter know, and when did it know it...)
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To: Nachum

MOST of the risk was MANDATED by ACORN and the Liberal Democrats!

Without the bad loans, there would have been no bad loans to leverage!


5 posted on 05/03/2009 2:27:50 PM PDT by Kansas58
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To: Nachum

What does he know about Wall Street and the world.

This guy is a fool. Capitalism has always been by definition about measured cuts and “legal revolutions” as Jefferson would put it.

His Messianic pronouncement of ever happiness and ever relevance of himself and jobs for ever without any risk are a bunch of hooplah.


6 posted on 05/03/2009 2:27:50 PM PDT by JudgemAll (control freaks, their world & their problem with my gun and my protecting my private party)
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To: Nachum

This clown is a one termer.


7 posted on 05/03/2009 2:29:04 PM PDT by texmexis best (uency)
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To: Nachum

The “idiot in chief” had better damn well hope Wall St. plays a role in the economy.

Another liberal moron who thinks money falls out of the air and the government creates jobs in the private sector.


8 posted on 05/03/2009 2:31:18 PM PDT by headstamp 2 (Spay or Neuter your liberal today!)
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To: Nachum

In the future, “Wall Street” will be the name of a street.


9 posted on 05/03/2009 2:31:23 PM PDT by Brilliant
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To: Nachum
"...then ride in wearing their white hats."

Just like the pimps they are.

10 posted on 05/03/2009 2:32:11 PM PDT by cweese (Hook 'em Horns!!!)
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To: Nachum
Hey Obama, your delusions of grandiosity are amusing, although it is somewhat troubling how low we've gone to fill public offices these days. Probably 80% of the African American population would do a better job than you, and actually love their country (same percentages for other racial groups, this isn't about race). What a shame. You should maybe go get a real job someday. This will help you to grow and maybe become knowledgeable enough to actually contribute something thoughtful to the national issues.
11 posted on 05/03/2009 2:32:42 PM PDT by pieceofthepuzzle
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To: texmexis best

From your lips to God’s ear, as the old saying goes.


12 posted on 05/03/2009 2:32:56 PM PDT by utahagen
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To: Nachum

We need to stop fighting amongst ourselves as conservatives and moderates and fight the real enemy standing before us.


13 posted on 05/03/2009 2:34:17 PM PDT by rabidralph (http://www.republicanbasics.com/ Excellent history book)
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To: Mad_Tom_Rackham
"What he means is, no business will be conducted unless he and his crony oligarchs get a piece of the action."

Exactly. And, what it also means is all those folks/retirees/workerbees counting on their 401K's, IRA's, stocks, etc recouping their losses....well....tough cookies....

14 posted on 05/03/2009 2:54:26 PM PDT by goodnesswins (WE have a REPUBLIC.....IF we can KEEP IT!!!)
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To: Nachum

Wall Street’s job is to allocate capital, and Obama wants to government to decide which businesses survive and which die, which businesses get loans and which don’t, which industries deserve government subsidies, etc. There’s not much room for Wall Street in his world.


15 posted on 05/03/2009 3:09:20 PM PDT by Arguendo
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To: goodnesswins

Sadly what it means is the rich will get richer. Most folks will have to accept meager returns decreed by the underwriter in chief.


16 posted on 05/03/2009 3:10:26 PM PDT by jimfree (Freep and ye shall find!)
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To: jimfree

YEP. They are the “players.”


17 posted on 05/03/2009 3:13:58 PM PDT by goodnesswins (WE have a REPUBLIC.....IF we can KEEP IT!!!)
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To: Nachum

What Der Fuehrer wants, Der Fuehrer gets.


18 posted on 05/03/2009 3:16:24 PM PDT by Argus (We've gone downtown to Clown Town, and that's where we'll be living from now on..)
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To: Nachum

Analysis of Obama to date reveals a huge diff between what he says and does.


19 posted on 05/03/2009 3:20:09 PM PDT by OldArmy52 (Mainstream Media cheered: Ascension of Castro, Chavez and now Obama.)
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To: Nachum
"That means that more talent, more resources will be going to other sectors of the economy," he said. "I actually think that's healthy. We don't want every single college grad with mathematical aptitude to become a derivatives trader. We want some of them to go into engineering, and we want some of them to be going into computer design."

Who the hell does he think he is! This man is is talking out of his ass! Who is he to decide where one focuses their efforts!

20 posted on 05/03/2009 3:21:30 PM PDT by klimeckg ("The penalty good men pay for indifference to public affairs is to be ruled by evil men.")
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To: texmexis best

This clown is a one termer

I hope so, but I’m scared of ACORN and massivie cheating by the Obama thugs.


21 posted on 05/03/2009 3:34:52 PM PDT by dandiegirl
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To: dandiegirl

+ amnesty?


22 posted on 05/03/2009 3:38:22 PM PDT by USFRIENDINVICTORIA
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To: texmexis best

This clown is a one termer.


I’d like to believe you but being from California I see the same clowns voted in over and over again, each set of clowns doing more damage than the one before it. And now look at California.


23 posted on 05/03/2009 3:52:14 PM PDT by Joan Kerrey
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To: Nachum

And Mayday will be celebrated at the White House next year.


24 posted on 05/03/2009 3:53:44 PM PDT by AU72
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To: Nachum

http://www.pennypresslv.com/Obama%27s_Use_of_Hidden_Hypnosis_techniques_in_His_Speeches.pdf

Explains how Zero mesmerizes his audience.

I HATE the whistling ‘s’ and could just . . . get myself in trouble over what I’d like to do.


25 posted on 05/03/2009 7:52:18 PM PDT by HighlyOpinionated (The Constitution & Bill of Rights stand as a whole. Remove any part & nullify the whole.)
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To: JudgemAll

Actually he’s a socialist of genius portions, thats what makes him so dangerous. When as a college professor he taught a class to the redistribution of wealth on grand scale alarms should have went off. But no, too many reality show and daytime talk show obessed American’s were too concerned about what an eloquent speaker he was...


26 posted on 05/04/2009 7:23:38 AM PDT by texrepub76
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