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Helen Thomas: "Time To Stand Up To Wall Street" [WARNING: GRAPHIC IMAGES, COMMUNIST PROPAGANDA]
TheBostonChannel.com ^ | Helen "Pinch Myself" Thomas

Posted on 04/22/2010 12:58:32 PM PDT by seanmerc

WASHINGTON -- Senate Republican leader Mitch McConnell met with two dozen top Wall Street executives recently and got his marching orders:

Just say “no” to any new regulations designed to prevent another Great Recession, the worst economic calamity since the Great Depression in the 1930s.

But something happened soon afterward. Faced with the politically tough strategy of defending Wall Street amid widespread public anger, McConnell stepped back and has begun talking about how a bipartisan bill to regulate Wall Street is likely to emerge from the Senate.

I bet he got some strong advice from fellow Republicans, especially those facing re-election in November, along this line: This is not a great time for Republicans to be in bed with Wall Street, their natural constituency.

And I can imagine that the mail and phone calls from constituents made it clear to McConnell that he was on the wrong side of the Wall Street issue, especially in the aftermath of the SEC charges against Goldman Sachs for its double dealing.

The SEC may not win its legal case against Goldman, but Goldman has certainly lost its luster in the court of public opinion as the result of the charges and the apparent facts that underlie them.

It was certainly timely for the SEC to go after Goldman Sachs just as Congress was taking up financial reform legislation. Perhaps the Goldman Sachs fiasco will reignite voter rage over the greed and the Wild West mentality that anything goes on Wall Street, as long as you don’t get caught.

I grew up in the Depression and saw big men selling apples on the corner, men and women huddled against the terrible cold, scrounging to buy coal to heat their homes. There was hunger and hopelessness and much sacrifice.

President Franklin D. Roosevelt did not hesitate to act. He drew political support for his sweeping legislative program by capitalizing on Wall Street’s bad name. In his 1933 Inaugural address (best known for the “Fear itself” sequence), Roosevelt zeroed in on Wall Street excesses.

“The practices of the unscrupulous moneychangers stand indicted in the court of public opinion, rejected by the hearts and minds of men,” FDR proclaimed. . ..”They know only the rules of a generation of self-seekers. They have no vision, and when there is no vision, the people perish. The moneychangers have fled from their high seats in the temple of our civilization. We may now restore that temple to the ancient truths. ‘’

President Barack Obama should read those penetrating insights of one of his greatest predecessors when he travels to Wall Street on Thursday to deliver a much anticipated speech about financial reform at Cooper Union, the college where Abraham Lincoln made a historic speech against slavery in 1860.

I have to pinch myself every now and then to remember that it really is true: Nothing has been done to prevent the kind of financial meltdown that began three years ago. Nothing. I blame the cowards in Congress for failing to act during this time. And I assign partial fault to Obama for not putting financial reform higher on his agenda.

The time to act is now. And Congress and Obama need to act with courage and toughness. It’s time to stand up to Wall Street.


TOPICS: Constitution/Conservatism; Editorial; Government; News/Current Events; Politics/Elections
KEYWORDS: barackobama; bho2010; bho44; bhofascism; classwarfare; dims; dumbocrats; economy; helenthomas; helenthomaspics; liberalfascism; liberalmeatheads; obama; obamalamadingdong; obamarama; rats; senileoldbat; socialism; wallstreet; waronwallstreet
I'm baaaaack!
1 posted on 04/22/2010 12:58:33 PM PDT by seanmerc
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To: beckysueb; Beowulf9; DirtyHarryY2K; freedomlover; greatdefender; holly go-rightly; ...
Yoo-hoo, Helen Thomas ping list members! Another dose of liberal lunacy from our intrepid newsbabe...
2 posted on 04/22/2010 1:00:10 PM PDT by seanmerc
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To: seanmerc
Helen Thomas: "Time To Stand Up To Wall Street"

By giving back all that campaign money, Helen??

Yeah, didn't think so. Now, go be fat & ugly somewhere else.

3 posted on 04/22/2010 1:00:13 PM PDT by Puppage (You may disagree with what I have to say, but I shall defend to your death my right to say it)
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To: seanmerc

Hey Helen, I hear that old fart at CNN, Larry King is on the market and available for you sweetie!


4 posted on 04/22/2010 1:01:53 PM PDT by TexasCajun
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To: seanmerc

Why does “standing up to Wall Street” mean never ending bailouts?


5 posted on 04/22/2010 1:02:07 PM PDT by GeronL (http://libertyfic.proboards.com << Get your science fiction and fiction test marketed)
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To: seanmerc
How old is this old communist?It seems the meaner they are the longer they live..
6 posted on 04/22/2010 1:03:23 PM PDT by PLD
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To: TexasCajun

7 posted on 04/22/2010 1:04:06 PM PDT by seanmerc
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To: seanmerc
Nothing has been done

Only a couple trillion dollars worth of nothing, but I guess that's chump change compared to what Zero has in mind for the future.

8 posted on 04/22/2010 1:05:25 PM PDT by eclecticEel (Life, Liberty, and the Pursuit of Happiness: 7/4/1776 - 3/21/1980)
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To: seanmerc
Helen won't be happy until Hitler is in power.

Like Camille Paglia says, how has my party (Democrat) developed the desire to rush to a central all powerful government?

It's amazing, how totalitarianism is the fashion among Democrats.

9 posted on 04/22/2010 1:05:59 PM PDT by I still care (I believe in the universality of freedom -George Bush, asked if he regrets going to war.)
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To: seanmerc
President Franklin D. Roosevelt did not hesitate to act.

Which is why the great recession became the Great Depression.

10 posted on 04/22/2010 1:07:13 PM PDT by mlocher (USA is a sovereign nation)
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To: seanmerc

11 posted on 04/22/2010 1:08:53 PM PDT by colorado tanker
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To: colorado tanker

12 posted on 04/22/2010 1:11:08 PM PDT by mrmeyer ("When brute force is on the march, compromise is the red carpet." Ayn Rand)
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To: seanmerc

Separated at Birth?
13 posted on 04/22/2010 1:12:25 PM PDT by dblshot (Insanity - electing the same people over and over and expecting different results.)
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To: seanmerc

I like Wall St. I like money. I like capitalism. I like freedom, even the freedom to fail. America and Wall St. has created more wealth and made more people happy and well off than any other system in the world.


14 posted on 04/22/2010 1:13:32 PM PDT by garyhope (It's World War IV, right here, right now, courtesy of Islam.)
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To: seanmerc
It was certainly timely for the SEC to go after Goldman Sachs

That it was. How's things at Pravda Helen?

15 posted on 04/22/2010 1:15:53 PM PDT by throwback ( The object of opening the mind, as of opening the mouth, is to shut it again on something solid)
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To: seanmerc
Whoooooo the hell is that?....
16 posted on 04/22/2010 1:16:51 PM PDT by AngelesCrestHighway
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To: seanmerc

did they take Helen to a taxidermist when she died?


17 posted on 04/22/2010 1:18:08 PM PDT by dalebert
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To: seanmerc

18 posted on 04/22/2010 1:19:03 PM PDT by lormand (Paulhroids - the hemmorhoids of American Politics)
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To: seanmerc

19 posted on 04/22/2010 1:19:06 PM PDT by VeniVidiVici (We will secure the borders ..and . never again bring forward another amnesty bill - Ted Kennedy '86)
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To: GeronL

It doesnt ...congress wants to take it over so they can fix it like they do everything else...


20 posted on 04/22/2010 1:20:05 PM PDT by dalebert
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To: seanmerc
Photobucket
21 posted on 04/22/2010 1:20:45 PM PDT by Huskrrrr
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To: TexasCajun; monkapotamus

LOL This what I love about Free Republic we can set up dates with aging old ugly newswomen with some many time CNN reporters LOL! ping number 4


22 posted on 04/22/2010 1:38:11 PM PDT by SevenofNine ("We are Freepers, all your media belong to us ,resistance is futile")
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To: seanmerc

So the Dems aren’t going to be taking any more campaign cash from their allies on Wall Street?


23 posted on 04/22/2010 1:39:40 PM PDT by <1/1,000,000th%
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To: seanmerc

holy crap dude!


24 posted on 04/22/2010 2:08:35 PM PDT by ezoeni (http://www.dailymotion.com/video/x32cxf_yuri-bezmenov)
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To: seanmerc

Even though the warning was posted for all to see..WARNING: GRAPHIC IMAGES..I just couldn’t help myself..I had to look. And now, I believe I have lost sight in both of my eyes..


25 posted on 04/22/2010 2:22:07 PM PDT by SandyLynn
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To: seanmerc; All

Hey, is that Van Jones in the photo??

26 posted on 04/22/2010 2:57:54 PM PDT by MaggieCarta (We're all Detroiters, now.)
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To: seanmerc

Oh good gosh, that was just cruel! Even the all-caps warning left me insufficiently prepared for the nauseatingly large HT pic. I am regretting the hot dog I had for supper.


27 posted on 04/22/2010 5:45:18 PM PDT by TXBlair (Sorry, libs, I'm fresh out of white guilt. Check back with me next millennium.)
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To: seanmerc
helenofoYhorrors

helenblobfish

28 posted on 04/22/2010 5:50:29 PM PDT by Nateman (If liberals aren't screaming you're doing it wrong.)
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To: seanmerc

No, it’s time to stand up to GOVERNMENT. Finally conservatives are doing it - albeit so dismissively called “tea-baggers” by you communists.

BTW, Government is probably what got most of these corrupt businesses where they are, anyway. Never mind they learn from watching the Master (*snort - little pun there*).


29 posted on 04/22/2010 7:07:21 PM PDT by the OlLine Rebel (Common sense is an uncommon virtue./Technological progress cannot be legislated.)
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To: lormand

ROFLMAO


30 posted on 04/22/2010 7:09:24 PM PDT by the OlLine Rebel (Common sense is an uncommon virtue./Technological progress cannot be legislated.)
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To: seanmerc

Communist propaganda, indeed!


31 posted on 04/23/2010 10:49:30 PM PDT by Melian (The two most common elements in the world are hydrogen and stupidity.)
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