Posted on 06/18/2009 9:22:21 PM PDT by Flavius
WASHINGTON -- Who will be the most regulated of them all?
Under the Obama administration's proposed regulatory revamp, certain companies would be set aside for special scrutiny if they are seen as large and interconnected enough that their failure would send a shudder through the economy.
The plan would require these companies, even if they aren't banks, to face much stricter oversight from the Federal Reserve. The central bank could examine everything from the company's domestic parent to its smallest foreign subsidiary.
(Excerpt) Read more at online.wsj.com ...
heh..heh..heh..heh..
Corporations next job will be to move all of their corporate offices to Asia and/or Europe.
It’s a ‘fill in the blank or complete the sentence’ thingy isn’t it?
(Washington) Figuring out: Just Who Is Too Big
For sure, Mark is to big to fail! Where is my money?
This is illegal. A gross overstepping of the feds.
Shut these private bankers down.
I’m 21 and a half stones, I believe that makes me too big to fail, too!
Where’s my billion?
The “half stones” confused me until I checked your home page.
I wear a 7 and 7/8 Stetson - my skull is way above average. I’m too big to fail! ;-)
Does Obama realize that the Federal Reserve technically isn’t part of the federal government (notwithstanding the fact that the Federal Reserve controls the federal government)?
Just for kicks, I think I’ll ask where in the US Constitution this is authorized?
No, that's your ego and it's clearly gone to your head! :)
Sorry, couldn't resist... You can join the Mark-and-PSS "Too Big To Fail" club, too! Welcome, fellow massive man!
Hah! I thought using the unit of stones was more well known than my other choice: 14,583 gross grains...
Yes, I like the obscure units, it makes math so much fun! And hey, when I say I am over 2 MILLION grains, then surely I must be too big to fail!
bookmark
14th Amendment incorporation rulings which specify that corporate individuals exist through, at the pleasure of, the government, and are enabled solely by "privileges" which may be expanded, contracted, or eliminated at any time, for any reason, in the name of the benefit of the government's interest in any area whatsoever.
‘too big to fail’ would cover just about every company on the stock exchange
Start with shutting down the Federal Government
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