Neubarth
At the Ballpark July 30th
I asked the incoming democratic president to do two things as soon as he came into office and that was:
1. To rein in the nation's banks. Specifically to prohibit banks from holding or investing in private equity and hedge funds unless the Bank's individual customers ask for that investment. Banks like JPMorgan, Goldman Sachs and Morgan Stanley would have to shed so-called "proprietary trading" units that place derivative bets on the market. I know you have seen my posts about this unethical behavior in the past.
2. Take immediate steps to help American Industry to create jobs. If we have to become protectionist to do so, then so be it, but create the damn jobs. I know you guys have seen my posts about this topic, too.
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There were two major things that Obama needed to do to fix America. To date, Obama has done neither, though he came out with a speech a few days ago that hinted that he might take corrective action with the Big Banks that are so corrupt.
Then in the state of the union address he said that he was in favor of creating jobs.
WTF? That should have been his top priority a year ago!!!
Instead of talk and more talk, we needed to see action a year ago, instead he decided to get into bed with the Big Banks and then increasingly lie about the economy. We do not need a president who is that corrupt.
1. To rein in the nation's banks. Specifically to prohibit banks from holding or investing in private equity and hedge funds unless the Bank's individual customers ask for that investment. Banks like JPMorgan, Goldman Sachs and Morgan Stanley would have to shed so-called "proprietary trading" units that place derivative bets on the market. I know you have seen my posts about this unethical behavior in the past.
2. Take immediate steps to help American Industry to create jobs. If we have to become protectionist to do so, then so be it, but create the damn jobs. I know you guys have seen my posts about this topic, too.
^^^^^^^^^^^^^^^^^^^^^^
There were two major things that Obama needed to do to fix America. To date, Obama has done neither, though he came out with a speech a few days ago that hinted that he might take corrective action with the Big Banks that are so corrupt.
Then in the state of the union address he said that he was in favor of creating jobs.
WTF? That should have been his top priority a year ago!!!
Instead of talk and more talk, we needed to see action a year ago, instead he decided to get into bed with the Big Banks and then increasingly lie about the economy. We do not need a president who is that corrupt.