Financial-Reform Bill SIGNED!!!!!

[Mr. Shaman]

THERE'S NO STOPPIN' HIM!!!!!!!!!!!!!!!!

*

 

[Soggy in NOLA]

Yep.. right in line with the manifesto.

 

[Mr. Shaman]

Yep.. right in line with the manifesto.

Yeah......downright ominous!!!!

​

 

[boedicca]

Yes. I'm sure that Chavez and Castro have sent their congratulations to the Obamunist.

 

[topspin]

this removes a huge chunk of uncertainty.

 

[Tech_Esq]

More crap that will have to be fixed. The wreckage of this Obamanation continues.....

 

[Mr. Shaman]

Yes. I'm sure that Chavez and Castro have sent their congratulations to the Obamunist.

Ya' know them, that well, huh??


​

 

[boedicca]

this removes a huge chunk of uncertainty.

Yes. It does. We can now be certain that there will be more bail outs. The bureaucracy to write the 500 new and currently unspecified regulations will be enormous. Smaller financial institutions will not be able to afford to comply - and will be acquired by the Mega Wall Street firms (remember, Goldman Sachs CEO Lloyd Blankfein said this bill would enhance GS profitability). Economic growth will remain moribund.

And most important of all: Fannie Mae and Freddie Mac may continue to careen towards insolvency with the taxpayers assuming all of the risk while politically connected cronies are paid massive and undeserved bonuses.

 

[Soggy in NOLA]

Yes. I'm sure that Chavez and Castro have sent their congratulations to the Obamunist.

Ya' know them, that well, huh??


​

Yes, we understand communists quite well. Thanks!

 

[Mr. Shaman]

this removes a huge chunk of uncertainty.

Absolutely!!!!​

Reforms Will Make The Financial Industry And The Markets They Operate In Stronger, Safer, And More Competitive​

* Clearer accountability in supervision and regulation so that financial firms can operate under a coherent set of rules and expectations without the current regulatory arbitrage opportunities that allow some firms to “game the system.”

* Stronger capital buffers to increase the ability of financial companies to weather the ups and downs of financial markets.

* Lesser concentration of risk among the largest financial firms so that any one firm can fail without creating a domino effect throughout the entire financial system that jeopardizes jobs, family savings and the entire economy .

* Greater transparency in the derivatives market that will make the system safer by providing regulators with the data they need to manage systemic risk and help ensure the integrity of financial markets so we can prevent future AIG-like disasters.

 

[Tech_Esq]

this removes a huge chunk of uncertainty.

Absolutely!!!!​

Reforms Will Make The Financial Industry And The Markets They Operate In Stronger, Safer, And More Competitive​

* Clearer accountability in supervision and regulation so that financial firms can operate under a coherent set of rules and expectations without the current regulatory arbitrage opportunities that allow some firms to “game the system.”

* Stronger capital buffers to increase the ability of financial companies to weather the ups and downs of financial markets.

* Lesser concentration of risk among the largest financial firms so that any one firm can fail without creating a domino effect throughout the entire financial system that jeopardizes jobs, family savings and the entire economy .

* Greater transparency in the derivatives market that will make the system safer by providing regulators with the data they need to manage systemic risk and help ensure the integrity of financial markets so we can prevent future AIG-like disasters.

Unfortunately, it institutionalizes "too big to fail" and supports it and regulates it. It's like lighting the fuse to a powder keg. They have institutionalized moral hazard. Actually made the situation worse rather than better.

To follow that up, they did nothing to regulate GSEs like Fannie and Freddie to ensure their funding ratios or any other corrective action to fix the thing that has cost the US taxpayer more than any other aspect of the this crisis.

The list goes on but that's a good start.

 

[Sinatra]

Yes indeed - a financial reform bill that excludes Fannie and Freddie Mac???

Complete and utter nonsense. These Obama Democrats are utterly inept, or actively in pursuit of crippling the American economy.

We are now more than DOUBLE the rate of sustained unemployment at any time in the last 50 years...

 

[Mr. Shaman]

this removes a huge chunk of uncertainty.

Yes. It does. We can now be certain that there will be more bail outs.

*​

Ending Bailouts.​

No firm should be “Too Big To Fail”. Reform will constrain the growth of the largest financial firms; restrict the riskiest financial activities; and create a mechanism for the government to shut down failing financial companies without precipitating a financial panic that leaves taxpayers and small businesses on the hook.

 

[Sinatra]

 

[Mr. Shaman]

this removes a huge chunk of uncertainty.

Absolutely!!!!​

Reforms Will Make The Financial Industry And The Markets They Operate In Stronger, Safer, And More Competitive​

* Clearer accountability in supervision and regulation so that financial firms can operate under a coherent set of rules and expectations without the current regulatory arbitrage opportunities that allow some firms to “game the system.”

* Stronger capital buffers to increase the ability of financial companies to weather the ups and downs of financial markets.

* Lesser concentration of risk among the largest financial firms so that any one firm can fail without creating a domino effect throughout the entire financial system that jeopardizes jobs, family savings and the entire economy .

* Greater transparency in the derivatives market that will make the system safer by providing regulators with the data they need to manage systemic risk and help ensure the integrity of financial markets so we can prevent future AIG-like disasters.

Unfortunately, it institutionalizes "too big to fail" and supports it and regulates it. It's like lighting the fuse to a powder keg. They have institutionalized moral hazard. Actually made the situation worse rather than better.

wow......

A premise.....two strings o' rhetoric....and, an incomplete-sentence.

How artful.....how 'Bagger of you.....

​

 

[Mr. Shaman]

These Obama Democrats are utterly inept, or actively in pursuit of crippling the American economy.

DESPERATION!!!!!!!!!!!!!!!!



I LOVE IT!!!!!!!!!!!!!!!!

 

[Tech_Esq]

Absolutely!!!!​

Unfortunately, it institutionalizes "too big to fail" and supports it and regulates it. It's like lighting the fuse to a powder keg. They have institutionalized moral hazard. Actually made the situation worse rather than better.

wow......

A premise.....two strings o' rhetoric....and, an incomplete-sentence.

How artful.....how 'Bagger of you.....

​

Quit begging, it's unseemly. I'll get a gay guy to come stick his balls in your mouth for you, since you are apparently fond of teabagging.

I response to to big to fail. The new law requires a fund to be set up and funded by banks to pay for financial bailouts. That institutionalizes too big to fail and creates moral hazard, dummy.

To actually resolve the problem, no money should have been provided and providing money to save financial institutions should have been outlawed. Instead, appropriate resolution authority should have been granted to the Treasury Department in case it was need and a system of resolving bankrupt mega-banks developed and regulations instituted to do same.

Not that you're smart enough to understand any of that, but someone might read the thread that is.

 

[boedicca]

The Bill institutionalized Too Big, and guarantees Bail Outs for failure.

 

[Mr. Shaman]

Unfortunately, it institutionalizes "too big to fail" and supports it and regulates it. It's like lighting the fuse to a powder keg. They have institutionalized moral hazard. Actually made the situation worse rather than better.

wow......

A premise.....two strings o' rhetoric....and, an incomplete-sentence.

How artful.....how 'Bagger of you.....

​

I response to to big to fail. The new law requires a fund to be set up and funded by banks to pay for financial bailouts. That institutionalizes too big to fail and creates moral hazard, dummy.

Geeeeeeeeeeeeee......you mean.....the banks, that finance that fund, might decide to let a failing-bank go belly-UP, rather-than bailing them out??????

Wow.....whatta fuckin' tragedy that would be!!!



(What else you need figured-out? )​

 

[Mr. Shaman]

The Bill institutionalized Too Big, and guarantees Bail Outs for failure.

That's what Porky Limbaugh says, huh???


​