All 41 GOP Senators Promise To Delay Financial Reform

Who is it that hired the SEC people who viewed porn instead of policing the market?
We're not talking about the SEC here, deflectasaurus rex.

HAHAHAHAHAHAZHAHAHAHAHAHAHAH


you are fucking insane.

Do you understand what the function of the SEC is?

i'm pretty sure it's not to pass legislation, financial reform or otherwise.

you were saying, fuckchop?

bonus: george w bush was arrested for drunk driving in maine- feel free to use this little nugget in your next *response*.

:thup:
 
Does this mean they are going to vote.......NO?

I'm shocked
 
How stupid are these people? Do they really want to go home to their constituents and explain why they stood against reforming wall street? I guess if it means saying "NO!" to the dems, they are all for it. Can't wait to see how this plays out in NOV.

I'd say that depends on the reasons they have for stalling this bill.

If they can come out and make their case that this is once again just another attempt by the Democrats to secure control over another industry then they might be in good shape. If they come out looking like obstructionists without good reason they will have once again shot themselves in the foot.

I have not read anything about the bill so I don't know what it says, but I have to tell you that I am somewhat concerned about giving government more control.

Immie
 
The money for all those loans simply would not have been there had the market been setting interest rates rather than the Fed.

umm who do you think pressured the Fed to keep rates low?
"The Market" as a controlling force does not really exist much any more.

It will require a really big collapse with no bailouts for "the market" to once again become the driving factor.

It doesn't matter who pressured them. The fact is they did it, and if the market was setting interest rates this wouldn't have happened.

It does matter who pressured em, it matters a lot.
What matters even more is the fact that the fed could be pressured to keep rates artificially low.
Just proves that "the Market" is pretty much myth now.
 
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I hope that the GOP senators DO successfully block financial reform. I am quite content to have them be known as the party that cares more about Wall Street than it does about Main Street. Go for it. Protect Goldman Sachs at all costs. See how THAT plays in November.:razz:
 
umm who do you think pressured the Fed to keep rates low?
"The Market" as a controlling force does not really exist much any more.

It will require a really big collapse with no bailouts for "the market" to once again become the driving factor.

It doesn't matter who pressured them. The fact is they did it, and if the market was setting interest rates this wouldn't have happened.

It does matter who pressured em, it matters a lot.
What matters even more is the fact that the fed could be pressured to keep rates artificially low.
Just proves that "the Market" is pretty much myth now.

If the market were a myth then our economy would be even worse off. It's those small instances where the market can operate that drive this economy, not the government or Fed.
 
It doesn't matter who pressured them. The fact is they did it, and if the market was setting interest rates this wouldn't have happened.

It does matter who pressured em, it matters a lot.
What matters even more is the fact that the fed could be pressured to keep rates artificially low.
Just proves that "the Market" is pretty much myth now.

If the market were a myth then our economy would be even worse off. It's those small instances where the market can operate that drive this economy, not the government or Fed.

Agreed the market still has some influence, just not very much.
 
Given that 40%+ of voters self-identify as Conservatives, with another 40% as moderate, the GOP opposition to the growth of Big Government is going to serve them much better than Obamanomics will the Dems.
 
Given that 40%+ of voters self-identify as Conservatives, with another 40% as moderate, the GOP opposition to the growth of Big Government is going to serve them much better than Obamanomics will the Dems.

i'd agree with you if the GOP's record wasn't in such stark opposition to its rhetoric.



It's a matter of scale and the time horizon. The GOP spending binge over the past few years is appalling - but it pales in comparison to the Dems' more recent conflagration.

The GOP taking a stand against ObamaCare, the Stimulus, Cap & Trade, etc. provides a better case for voters than to continue with the Obama Big Government programs.

And not all GOP candidates will be incumbents. Those running against sitting Dems will have a "fresh start" appeal as well.

I'm not saying this is going to be easy for the GOP, but they do have an opportunity to regain seats in both Houses do to the way the Dems have way overplayed their hand.
 
Yeah and 51% said they were conservatives when they re-elected Bush.


A little historical perspective wouldn't hurt:

The Financial Crisis came to a head shortly before the 2008 election, which would have hurt which ever party held the Presidency. And the GOP ran a very weak candidate who is hardly a real conservative.
 

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