Obama tries to screw up banking next

Discussion in 'Politics' started by CMike, Jan 21, 2010.

  1. CMike
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    CMike Zionist, proud to be

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    The best thing he can do for this country is take a permanent vacation.

    It's almost impossible to get credit now, guess Obama is going to keep it that way.

    What a schmuck.

    Stocks slide as Obama calls for tougher bank rules - Road Runner

    Stocks slide as Obama calls for tougher bank rules
    Published - Jan 21 2010 04:54PM EST

    By STEPHEN BERNARD and TIM PARADIS - AP Business Writers



    NEW YORK— The stock market stumbled Thursday as President Barack Obama proposed an overhaul of the nation's banking system that could limit financial companies' ability to make huge profits on trading.
     
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  2. Mr Clean
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    Mr Clean Gold Member

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    Stocks have been sliding ever since Massachusettes elected a republican senator.


    The stock market doesn't respond well to crazy shit like that.
     
  3. xsited1
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    xsited1 Agent P

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    Everytime Obama opens his mouth, the stock market tanks. I wish he'd just shut up and go on vacation.
     
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  4. MaggieMae
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    MaggieMae Reality bits

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    If you people can't understand what Elizabeth Warren explains in less than 10 minutes in lay terms on this subject, then you have my sincere sympathies. You'll never get it.

    msnbc.com Video Player
     
  5. Ame®icano
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    Ame®icano Gold Member

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    Yeah, he's going after "fat-cats". Of course, he won't even mention tort reform...
     
  6. MaggieMae
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    MaggieMae Reality bits

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    What does tort reform have to do with mega banks bringing down the entire economy? But since you brought it up, think the CEOs of those banks aren't frantically meeting with their corporate attorneys?
     
  7. NYcarbineer
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    NYcarbineer Diamond Member

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    The stock market started tanking yesterday, right after Scott Brown got elected.
     
  8. Mr Clean
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    Mr Clean Gold Member

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    The stock market has done pretty damn good for the last year or so all things considered.
     
  9. NYcarbineer
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    NYcarbineer Diamond Member

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    Oh well, who should be surprised, the same wingnuts who tried to blame the financial sector/real estate crisis on Democrats opposing banking regulations are attacking Obama for proposing banking regulations.

    Indeed.
     
  10. Annie
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    Annie Diamond Member

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    Ask John Edwards aka Baby's papa.
     

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