Truthmatters
Diamond Member
- May 10, 2007
- 80,182
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- Banned
- #441
you guys can lie to yourselves all you want.
its makes your whole arguement flawed
its makes your whole arguement flawed
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that was the signing date.
what was the implimentation date?
Full title An Act to enhance competition in the financial services industry by providing a prudential framework for the affiliation of banks, securities firms, and other financial service providers, and for other purposes.
Colloquial name(s) Financial Services Modernization Act of 1999
Enacted by the
106th United States Congress
Effective Nov 12, 1999
why did the Bush SEC hold back the broker rules in GLBact for 8 years?
Because it was the law of the land.
Thanks to whom?
Come on now TM, are you an honest player here or a partisan?
You can do it.
Please idenitify what POTUS AND WHAT PARTY made it impossible to control the mess that DERIVATIVES caused in 2007-2008.
I KNOW you can do it.
You CAN be an honest player.
The LAW of the land was already decided by the congress.
It included broker rules which the Bush SEC then heldback for 8 long years.
why did they do that?
"According to the latest edition of the AFL-CIOs Executive Pay Watch report, the gap between CEO pay and worker pay expanded last year. In 2011, CEOs in the Fortune 500 made an average of $12 million, about 380 times what the average worker makes:Do they mean 50x the average worker across all of the US or 50x the pay in their compay?
If the latter I'm sure the CEOs of Intel, Oracle, Google, etc. are laughing at the CEOs of McDonalds and WalMart.
"The ratio of CEO-to-worker pay between CEOs of the S&P 500 Index companies and U.S. workers widened to 380 times in 2011 from 343 times in 2010. Back in 1980, the average large company CEO only received 42 times the average workers pay."
Average Fortune 500 CEO Now Paid 380 Times As Much As The Average Worker | ThinkProgress
Republicans have long been the rich man's best friends in America; however, it doesn't change the electoral calculus that Democrats seeking higher office must confront today. In order to be elected it is necessary for Democrats and Republicans to convince the wealthy few to fund their campaigns:"According to the latest edition of the AFL-CIOs Executive Pay Watch report, the gap between CEO pay and worker pay expanded last year. In 2011, CEOs in the Fortune 500 made an average of $12 million, about 380 times what the average worker makes:Do they mean 50x the average worker across all of the US or 50x the pay in their compay?
If the latter I'm sure the CEOs of Intel, Oracle, Google, etc. are laughing at the CEOs of McDonalds and WalMart.
"The ratio of CEO-to-worker pay between CEOs of the S&P 500 Index companies and U.S. workers widened to 380 times in 2011 from 343 times in 2010. Back in 1980, the average large company CEO only received 42 times the average workers pay."
Average Fortune 500 CEO Now Paid 380 Times As Much As The Average Worker | ThinkProgress
As those CEO salaries have grown, their taxes have declined. Jobs have been moved overseas. USMB Republicans feel those CEO's are doing a "wonderful job" and should be allowed to keep even more of what they have worked so hard for.
I like the part where Bush described the "root cause" and left out his policies.
As those CEO salaries have grown, their taxes have declined.
Republicans have long been the rich man's best friends in America; however, it doesn't change the electoral calculus that Democrats seeking higher office must confront today. In order to be elected it is necessary for Democrats and Republicans to convince the wealthy few to fund their campaigns:"According to the latest edition of the AFL-CIOs Executive Pay Watch report, the gap between CEO pay and worker pay expanded last year. In 2011, CEOs in the Fortune 500 made an average of $12 million, about 380 times what the average worker makes:
"The ratio of CEO-to-worker pay between CEOs of the S&P 500 Index companies and U.S. workers widened to 380 times in 2011 from 343 times in 2010. Back in 1980, the average large company CEO only received 42 times the average workers pay."
Average Fortune 500 CEO Now Paid 380 Times As Much As The Average Worker | ThinkProgress
As those CEO salaries have grown, their taxes have declined. Jobs have been moved overseas. USMB Republicans feel those CEO's are doing a "wonderful job" and should be allowed to keep even more of what they have worked so hard for.
"Contrary to this pluralistic view, I will try to demonstrate how rule by the wealthy few is possible despite free speech, regular elections, and organized opposition:
"'The rich' coalesce into a social upper class that has developed institutions by which the children of its members are socialized into an upper-class worldview, and newly wealthy people are assimilated.
"Members of this upper class control corporations, which have been the primary mechanisms for generating and holding wealth in the United States for upwards of 150 years now.
"There exists a network of nonprofit organizations through which members of the upper class and hired corporate leaders not yet in the upper class shape policy debates in the United States.
"Members of the upper class, with the help of their high-level employees in profit and nonprofit institutions, are able to dominate the federal government in Washington."
Democrats like Clinton and Obama are just as indebted to that upper class as Republicans like Bush and Romney.
Who Rules America: The Class-Domination Theory of Power
Who will you blame if (when!) the US economy CRASHES loudly enough to focus your attention the same way 911 did?It's funny... Neither my grocery bills, or what it costs to fill my gas tank indicate to me that the economy is improving.
Who will you blame if (when!) the US economy CRASHES loudly enough to focus your attention the same way 911 did?It's funny... Neither my grocery bills, or what it costs to fill my gas tank indicate to me that the economy is improving.