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Obama: Fresh crisis without new financial rules (never let on go to waste)
AP Via Yahoo ^ | 17 April 2010 | DARLENE SUPERVILLE

Posted on 04/17/2010 5:57:33 AM PDT by Repeat Offender

Link only.

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


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events
KEYWORDS:
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Let's see, the government strong armed lenders and opened the door to create the housing market crisis....

And now they want more power to regulate in order to prevent a similar crisis?

1 posted on 04/17/2010 5:57:33 AM PDT by Repeat Offender
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To: Repeat Offender

Obama, Dictator in Training.


2 posted on 04/17/2010 6:05:50 AM PDT by nolongerademocrat ("Before you ask G-d for something, first thank G-d for what you already have." B'rachot 30b)
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To: Repeat Offender

“A proposal that Senate Democrats are readying for debate creates a mechanism for liquidating large financial companies to avoid a meltdown.”

aka, government takeovers of financial companies


3 posted on 04/17/2010 6:06:33 AM PDT by silverleaf (Karl Marx was NOT one of America's Founding Fathers)
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To: Repeat Offender

the lenders have not shoveled the TARP money out to enough deadbeats and special interests fast enough-

just hand over the keys to team obama, you running lackey dogs


4 posted on 04/17/2010 6:08:14 AM PDT by silverleaf (Karl Marx was NOT one of America's Founding Fathers)
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To: Repeat Offender

http://www.youtube.com/watch?v=dL5bPJFHRnA

Please pass to your address list and ask your address list to pass it to theirs.


5 posted on 04/17/2010 6:08:21 AM PDT by ExTexasRedhead (Clean the RAT/RINO Sewer in 2010 and 2012)
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To: Repeat Offender
I don't think this is anything but a ruse. the short-sellers and derivative market players (like Paulson and Soros) will find ways to skirt the rules just as before. This gives the free-market system a blackeye.
6 posted on 04/17/2010 6:09:07 AM PDT by wolfcreek (http://www.youtube.com/watch?v=Lsd7DGqVSIc)
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To: Candor7; rabscuttle
Ping.

Thought this might interest you.

PS ExTexasRedhead has a video at post 5 that is pretty good.

7 posted on 04/17/2010 6:16:45 AM PDT by Repeat Offender (While the wicked stand confounded, call me with Thy Saints surrounded)
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To: Repeat Offender
"Every day we don't act, the same system that led to bailouts remains in place, ..." Obama said

The government that enacted the bailouts "remains in place". But what really would have happened if the bailouts had not occurred? That is, what if the institutions that were deemed to big to fail had been forced into bankruptcy and handled by the courts instead of CONgress bailing out their bankster buddies?

Giving Obama more power is the current crisis in the making.

8 posted on 04/17/2010 6:17:27 AM PDT by Need4Truth
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To: Need4Truth
I think if we didn't bailout everybody we still would have had a recession.

We should have let let them fail; had a come to reality moment and acknowledged why they failed.... and then prevented it from happening again; ie return to more stringent rules for lending credit.

Stop acting like owning a home or borrowing money is some type of civil right. If you can't or won't pay back the loan money then you don't get lent to. Period.

They then used their "crisis" to pass Porkulous which was no more than a 40 year democrat wish list.

It is just an excuse to waste money and establish control.

Just wait until they decide 0Care is too expensive for all of these businesses that are releasing financial reports....

This manufactured burden will start to push some of them out of business. If you are a democrat friendly business... it will be determined you have too many employees to fail. Such a crisis because unemployment is so high.

It's like watching Atlas Shrugged play out on the news every day.

9 posted on 04/17/2010 6:28:05 AM PDT by Repeat Offender (While the wicked stand confounded, call me with Thy Saints surrounded)
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To: silverleaf
“A proposal that Senate Democrats are readying for debate creates a mechanism for liquidating large financial companies to avoid a meltdown that displease Obama , the King of the Czars.”

Fixed it.

10 posted on 04/17/2010 6:29:52 AM PDT by Nateman (If liberals aren't screaming you're doing it wrong.)
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To: Repeat Offender; All

There is a book called “13 Bankers” which hypothesizes that the current status is that there are currently 6 US banks that can be regarded as “too big to fail” and a system which permits individuals within such banks to operate against the management of the banks themselves via hedge funds in an unregulated environment where the taxpayer will ultimately be presented with the tabs. The proposal is to break up the 6 big banks into smaller banks that can be permitted to fail.


11 posted on 04/17/2010 6:30:13 AM PDT by SteveH (First they ignore you. Then they laugh at you. Then they fight you. Then you win.)
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To: silverleaf

How many jobs does this create?


12 posted on 04/17/2010 6:37:52 AM PDT by Big Horn (Rebuild the GOP to a conservative party)
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To: Big Horn

probably a couple thousand jobs for govt lawyers and govt regulators


13 posted on 04/17/2010 6:41:32 AM PDT by silverleaf (Karl Marx was NOT one of America's Founding Fathers)
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To: nolongerademocrat

“Obama, Dictator in Training.”
************

Not an ojt—it’s a “natural”!!!!!

It was bred and conditioned purposely!

Ya can take that to da bank!


14 posted on 04/17/2010 7:15:59 AM PDT by gunnyg (THINK: NOVEMBER TOO LATE???/!!! Our Novembers Are Behind Us...)
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To: Repeat Offender

Stiring the “Cloward-Piven” pot.


15 posted on 04/17/2010 7:21:54 AM PDT by Don Corleone ("Oil the gun..eat the cannolis. Take it to the Mattress.")
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To: gunnyg

addendum...

Politics
“In politics, nothing happens by accident.
If it happened, you can bet it was planned that way.”
Franklin D. Roosevelt
http://quotes.liberty-tree.ca/quote_blog/Franklin.Roosevelt.Quote.7EFE


16 posted on 04/17/2010 7:24:25 AM PDT by gunnyg (THINK: NOVEMBER TOO LATE???/!!! Our Novembers Are Behind Us...)
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To: gunnyg

LOL!


17 posted on 04/17/2010 7:26:10 AM PDT by nolongerademocrat ("Before you ask G-d for something, first thank G-d for what you already have." B'rachot 30b)
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To: nolongerademocrat

http://www.youtube.com/watch?v=dL5bPJFHRnA


18 posted on 04/17/2010 7:30:34 AM PDT by ExTexasRedhead (Clean the RAT/RINO Sewer in 2010 and 2012)
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To: ExTexasRedhead

EXCELLENT! LOVE IT!!! We need more of these.

Boehner gave a great speech. Can’t believe how much I can’t stand the ballerina, San Fran Nan and the Precious. I wonder if anyone here could design a video game that would allow us to release some of this tension. It makes me think too of the video by Pastor Manning - “White people gonna riot!!!” Tea Partiers gonna ______ what? not riot, not jihad, something powerful that isn’t used very often so that it will just be ours, with music like is what is in this video.


19 posted on 04/17/2010 7:57:12 AM PDT by nolongerademocrat ("Before you ask G-d for something, first thank G-d for what you already have." B'rachot 30b)
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To: nolongerademocrat; callisto; holdonnow; Lloyd Marcus; freekitty; PhiKapMom; MamaDearest; ...

We need dozens of awesome videos like this one to use NOW through the campaigns in November. The DC Elitists provided hours and hours of disgusting video footage to use against them in ads. For example, the townhall meetings and DeathCare debates where reprehensible political arrogance was on display big time. All the talented video makers, like this one, should be solicited to create ads to be used all over the country against these traitors; all 219 of them in the House and the Senators that voted YES to DeathCare.

Anyone have high level contacts?


20 posted on 04/17/2010 8:04:53 AM PDT by ExTexasRedhead (Clean the RAT/RINO Sewer in 2010 and 2012)
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