Posted on 04/22/2010 8:36:22 PM PDT by Brugmansian
In a speech to Wall Street today, President Obama talked of a "failure of responsibility" in Washington and on Wall Street. But the financial sector is the most regulated part of the economy, so surely responsibility lies mostly with Washington. It was the federal government that created deposit insurance, which removed risk (and therefore caution) from bank deposits. It was also the feds that created "too big to fail," our new system of private profits and socialized losses. Most importantly, it was federal taxes and regulations that undermined our productive capacity, rendering us weak in the face of financial shocks.
In this speech castigating private greed, no mention was made of Fannie, Freddie, or the FHA's role in encouraging sub-prime loans, nor of the Fed's ultra-low interest rates which made the mortgage "teaser rate" possible. The maligned "unregulated derivatives" market was largely based on exposure to these government-backed loans.
Obama claims he wants "common sense rules" to be put in place. Yet, his reform proposal defies common sense . . .
(Excerpt) Read more at investmentnews.com ...
There will never be another bust. That is because with all the shackles Obama is putting on the economy, there will never again be a preceeding boom.
Is anybody surprised by this?
I like Schiff. He is smart, passionate and an entertaining speaker. He would be great as a CT Senator.
Oh yeah no doubt! I’m tired of this B.S. We need to identify Obama and psychos as communist. This is America damit. We are not Russia, North Korea, Cuba, Vietnam or China! Let’s call them what THEY are, and quit the B.S.
Damit I want my country back. I do not want this Socialist/Marxist/Communist crap! Did the men and D-Day die for this B.S.? The sooner we realize this the sooner we will turn things around.
Oh yeah no doubt! I’m tired of this B.S. We need to identify Obama and the psychos as communist. This is America damit! We are not Russia, North Korea, Cuba, Vietnam or China! Let’s call them what THEY are, and quit the B.S.
Damit I want my country back. I do not want this Socialist/Marxist/Communist crap! Did the men at D-Day die for this B.S.? The sooner we realize this the sooner we will turn things around.
May God save our Republic and Constitution!
The President seems to insinuate the he saw the crisis coming. Well, I was on national television as far back as 2005 explaining the problem and warning of an impending crash. This was back when Senator Obama was voting for the bills that made it all possible.
“The President seems to insinuate the he saw the crisis coming. .... This was back when Senator Obama was voting for the bills that made it all possible.”
Is there supposed to be a contradiction here?
http://www.youtube.com/watch?v=JxpNpbnX2j8
Heard a depressing rumor from my RTC yesterday. Simmons is going to drop out, the party establishment will endorse Linda McMahon for U.S. Senate and Simmons will try to regain the U.S. House seat from Connecticut's second district he lost to Joe Courtney in 2006.
Last week's New York Times story painted a scathing picture of Richard Blumenthal's senate campaign. The attorney general's rambling answer to the most basic of questions -- why do you want to be a Senator? -- brought to mind the famous 1979 Roger Mudd interview with Ted Kennedy, when Kennedy was completely unable to articulate why he wanted to be president. The Times says that some Democrats are nervous; they've taken to calling Blumenthal "Martha Coakley in pants.'' But Blumenthal's "halting style,'' as described by the Times, hardly seems to have Connecticut Democrats in a panic . . .
Blumenthal is “Martha Croakley in pants.” LOL! I have not heard McMahon’s wife speak. I would love to see Schiff debate that thug with a badge debate Schiff. Blumenthal is another Spitzer-like facist.
Don’t count on even that: look at Greece.
Does Schiff have opponents in the primary? If so, how is he polling?
And how does he poll against the likely Demonkat candidate in the General election?
April 12th Rasmussen Poll. U.S Senate CT
Linda McMahon has a chance probably. She is spending a lot on TV ads. None of the other candidates are. I've seen one Schiff ad. McMahon is on every night.
Thanks!
Schiff is pro-gay marriage, pro-drug legalization and against the war in Afghanistan
http://blogs.courant.com/rick_green/2009/10/peter-schiff-arrives-give-me-m.html
Why do the Ron Paul guys support gay marriage?
http://www.queerty.com/ron-paul-on-gay-marriage-20071210/
http://www.schiffforsenate.com/index.php?q=news/constitutional-candidates-congress
Schiff’s own website endorses Adam Kokesh
http://www.youtube.com/watch?v=nDttx64zk4I
SCHIFF himself admits he believes the Iraq War is a QUAGMIRE in 2009!!
http://www.freespeechmonster.com/?p=103
Schiff has said this many times
http://peterschiffsays.com/defense.htm
Aug 7, 2009, Iraq is a quagmire
http://www.youtube.com/watch?v=P9t741ewbGA
Schiff blamed Iraq on bankers? Not on Saddam?
http://www.youtube.com/watch?v=zo81QDSuixk
What the Tea Parties are not telling you about Peter Schiff:
Libertarians need to infiltrate the GOP
http://belowthebeltway.com/2009/06/02/peter-schiff-libertarians-need-to-infliltrate-the-gop/
http://www.facebook.com/note.php?note_id=110955225375
http://www.campaignforliberty.com/blog.php?view=19285
http://www.godlikeproductions.com/forum1/message808505/pg1
http://answers.yahoo.com/question/index?qid=20090707200009AAzSQfB
Peter Schiff admits on camera that he has ZERO money investigated in American corporations or industry. If Peter Schiff refuses to invest in American companies, how can Peter Schiff say he is helping Americans keep their jobs?
Peter Schiff repeating talking points of the lunatic left, listen yourself. He says in 2009 that Iraq is a QUAGMIRE when we already won!! He blames the war on bankers and whoever, and not a word about blaming it on terrorists! listen yourself, Schiff repeats left wing talking points to his radio audience about the Iraq war!
http://www.youtube.com/watch?v=zo81QDSuixk
Peter Schiff has made open statements that are quite like the statements of the anti-war leftists, to include the OTHER Ron Paul endorsed candidates Rand Paul and Adam Kokesh
http://www.google.com/search?hl=en&source=hp&q=schiff+%2B+isolationist&aq=f&aqi=g10&aql=&oq=&gs_rfai=
Peter Schiff is pro-choice on abortion
SCHIFF’S OWN WEBSITE CONTAINS AN ENDORSEMENT FOR KOKESH WHERE KOKESH IS NAMED AS AN ANTI-WAR PROTESTER
http://schiffforsenate.com/index.php?q=news/constitutional-candidates-congress
Adam Kokesh
Adam Kokesh is best known as an Iraq War veteran who returned opposed to the war and was a keynote speaker at Ron Paul’s “Rally for the Republic” that competed with the Republican National Convention in the summer of 2008.
Peter Schiff is pro-choice on abortion
pro-immigration and said that there are too many jobs in the US we NEED to let in immigrants???
Peter Schiff admits on camera that he has ZERO money investigated in American corporations or industry. If Peter Schiff refuses to invest in American companies, how can Peter Schiff say he is helping Americans keep their jobs?
This is SCHIFF in his own words!
video of Peter Schiff saying that LIBERTARIANS must infiltrate the Republican Party
http://www.ustream.tv/recorded/1583738
You cant download it directly, I tried, but hey, you can record it! :)
Peter Schiff appears at a Rand Paul/Adam Kokesh/Peter Schiff fundraiser
http://www.youtube.com/watch?v=AYwb_P-ssK0
Rand Paul, Adam Kokesh, Peter Schiff, and others holding a fundraiser at Webster Hall in New York.
http://www.randpaul2010.com
http://www.schiffforsenate.com
http://www.kokeshforcongress.com
Read it for yourself, folks, all three of these candidates are the type of people that this organization supports and even wants to send money to!
http://www.google.com/search?q=schiff+kokesh+site:http://www.stormfront.org&hl=en&lr=&filter=0
The RAND Paul Money Bomb! Help Elect Rand Paul to U.S.
http://www.stormfront.org/forum/showthread.php?t=624677
Stormfront!!!!
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