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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
To: SumProVita; HardStarboard; BradyLS; Ernest_at_the_Beach; dervish; Twotone; Free ThinkerNY; ...
2
posted on
05/03/2009 2:24:32 PM PDT
by
Nachum
(the complete list at www.nachumlist.com)
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.)
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...)
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
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)
To: Nachum
This clown is a one termer.
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!)
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
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!!!)
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.
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
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)
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!!!)
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
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!)
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!!!)
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..)
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.)
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.")
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.
To: dandiegirl
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.
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
To: Nachum
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.)
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...
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