[Repeat Offender]

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?

[nolongerademocrat]

Obama, Dictator in Training.

[silverleaf]

“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

[silverleaf]

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

[ExTexasRedhead]

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

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

[wolfcreek]

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.

[Repeat Offender]

Ping.

Thought this might interest you.

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

[Need4Truth]

"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.

[SteveH]

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.

[Don Corleone]

Stiring the “Cloward-Piven” pot.

[Nachum]

The list, ping