Posted on 12/18/2008 9:03:48 AM PST by NormsRevenge
CHICAGO – President-elect Barack Obama says the government has been "asleep at the switch" when it comes to overseeing the nation's financial system.
He says Americans are "feeling frustrated that there's not a lot of adult supervision."
...
Obama called for a "shift in ethics" on Wall Street.
(Excerpt) Read more at news.yahoo.com ...
Folk like Dodd, FRank, Raines, Paulson,..
Just now you realize someone pooched the pooch?
ASLEEP at the switch? I’d argue they’ve broken the switch off because they’ve played with it too much.
Oh, great. That’s comforting to know since he’ll be the one pulling it.
Yea, all the while he was voting “present”.
He is not going to point to the culprits. The American people have been trained to believe that they are being oppressed by greedy Republican CEOs, and he is going to capitalize on that ignorance.
Every time obama-lama-ding-dong opens his mouth he proves what a bleepin’ buffoon he is........oh yeah, this is going to be an interesting four years......we are sooooooooo screwed!
Most of the problems were caused by government, so typically Obama is promising more and more government to fix the problem it caused.
Even when the “fix” becomes outright “supervision”, sheeple won’t catch on.
Dear PEBO, a/k/a Captain Obvious, thank you for another sound of reason. Talk is cheap. I want to see a little action, then we’ll talk again.
It is as if the world and all that once held true and served us just fine has been turned upside down or tossed in the refuse bin by people who should know better.
Too many who go to DC lose sight of who sent them there in good faith. Sad.
A nation like ours doesn’t come along every day yet they seem perfectly content to squander and loot to their hearts desire and forsake that which so many have fought and died for, all to serve their own ends.
The One and Turkey-man.
First off, Wall Street doesn't issue money. The government does. It's been a government monopoly for more than a century.
I suspect Obama believes there's some sort of fixed supply of federal reserve notes.
The language of the nanny state.
Umm, well, that might if all americans were orphaned children.
The “financial system” does NOT need overseeing, particularly by a bunch of Ivy League Law School graduates of the professional political class.
History has repeatedly shown that the best economy is largely unfettered capitalism, in which ALL boats rise.....well at least those that can get their a$$es out of bed in the morning, and go to work
who does this imbecil think he's speaking for?
In Obama's world, it'll be dreamy.
I suppose the one good thing about him being president is that he’ll never be able to just be present or unaccounted for ever again like he has been throughout his entire political career.
Or in other words he cannot be asleep at the switch.
And Mary Shapiro, his new SEC Chairman, was supposed to monitor MADOFF!! LOSER!
Don’t forget Dems like Madoff.
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