So I talked to Scott Brown on the Phone today....

[PLYMCO_PILGRIM]

....on radio station 96.9 wxtk and I asked him why he supports the wall street reform bill and he answered with this (paraphrased from memory)

This bill is not funded through higher taxes, which, as you know, is a non-starter with me anytime. During committee negotiations a $19 billion tax increase was slipped into the 2,300 page legislation and this was simply unacceptable to me. I could not support the bill until this tax was removed and it was.


he also gave a bullet type response of good stuff he liked in the bill

1) An audit of the Federal Reserve to examine the emergency lending that took place during the heart of the financial crisis
2) New requirements that take steps toward ending the "too big to fail" mentality among banks
3) Helps end bailouts so American taxpayers never again have to be on the hook
4) Measures that prevent banks from acting like casinos by eliminating loopholes that allowed risky and abusive practices to go on unnoticed and unregulated

As I said when I first came to Washington, I remain committed to reviewing each and every piece of legislation that comes before me and make sure it's good for my state, doesn't raise taxes and helps our economy. As I have done during my short time in office, I will continue to approach each bill in an open-minded manner.

I may have got some of that wrong and I know i left some of his talking points on it out but that is basically what he had to say.

In my opinion he has good motives but I still find his judgment in supporting this bill to be bad.

 

[xotoxi]

So I talked to Scott Brown on the Phone today....

Did you ask him if his hot daughter was still available?

I'd hit that.

 

[PLYMCO_PILGRIM]

So I talked to Scott Brown on the Phone today....

Did you ask him if his hot daughter was still available?

I'd hit that.

I wish, lol. I got to say Hi Senator Brown my question is......... and then the phone operator guy shut me off and let him go.....i felt like mr softball after, lol.

 

[mal]

peace...

 

[xotoxi]

peace...

I would fault him for popping wood.

As long as tosses off and doesn't try any nastiness

 

[CrusaderFrank]

Fannie Freddie and FHA control 100% of the residential mortgage market, what was that about "too big to fail"?

How's this:

Repeal CRA

FDIC insurance. If a bank chooses to be FDIC insured, then the government can regulate the fuck out of them. If they're not regulated, they can;t be bailed out and the government has to mind it's own business.

We prospered as a country long before the Fed and FDIC came along.

 

[Sinatra]

Great job in speaking with Senator Brown directly!!

Scott Brown is doing a great job so far. Yes, this Democrat originated bill has some faults, but Brown utilized his spoiler status to make it a "better bad bill" as it were - and frankly, I trust his judgement in doing so far more than say, Olympia Snow or the like.

After November, Brown will not be in the position to do so, as Republicans will have the advantage of much improved legislative numbers.

I am certain Brown will be more than happy to be a part of those numbers...

....on radio station 96.9 wxtk and I asked him why he supports the wall street reform bill and he answered with this (paraphrased from memory)

This bill is not funded through higher taxes, which, as you know, is a non-starter with me anytime. During committee negotiations a $19 billion tax increase was slipped into the 2,300 page legislation and this was simply unacceptable to me. I could not support the bill until this tax was removed and it was.


he also gave a bullet type response of good stuff he liked in the bill

1) An audit of the Federal Reserve to examine the emergency lending that took place during the heart of the financial crisis
2) New requirements that take steps toward ending the "too big to fail" mentality among banks
3) Helps end bailouts so American taxpayers never again have to be on the hook
4) Measures that prevent banks from acting like casinos by eliminating loopholes that allowed risky and abusive practices to go on unnoticed and unregulated

As I said when I first came to Washington, I remain committed to reviewing each and every piece of legislation that comes before me and make sure it's good for my state, doesn't raise taxes and helps our economy. As I have done during my short time in office, I will continue to approach each bill in an open-minded manner.

I may have got some of that wrong and I know i left some of his talking points on it out but that is basically what he had to say.

In my opinion he has good motives but I still find his judgment in supporting this bill to be bad.

 

[rdean]

Why do you people want Republicans to win in November. Not only did they cause all this disaster, but they haven't promoted a singe new idea on how to fix their mess. I think you guys are crazy.

 

[Samson]

Why do you people want Republicans to win in November. Not only did they cause all this disaster, but they haven't promoted a singe new idea on how to fix their mess. I think you guys are crazy.

I thought Obama already fixed it with a $4 trillion spending deficit, continued wars in Iraq and Afgahnistan, and by destroying the offshore oil exploration business?

Anyway:

 

[Flopper]

Fannie Freddie and FHA control 100% of the residential mortgage market, what was that about "too big to fail"?

How's this:

Repeal CRA

FDIC insurance. If a bank chooses to be FDIC insured, then the government can regulate the fuck out of them. If they're not regulated, they can;t be bailed out and the government has to mind it's own business.

We prospered as a country long before the Fed and FDIC came along.

"We prospered as a country long before the Fed and FDIC came along."

Some depositors would gamble on the honesty and integrity of the owners of the bank. Not surprisingly, many would just hide their money in coffee cans in the back yard. Not a big plus for the banking system

 

[CrusaderFrank]

Fannie Freddie and FHA control 100% of the residential mortgage market, what was that about "too big to fail"?

How's this:

Repeal CRA

FDIC insurance. If a bank chooses to be FDIC insured, then the government can regulate the fuck out of them. If they're not regulated, they can;t be bailed out and the government has to mind it's own business.

We prospered as a country long before the Fed and FDIC came along.

"We prospered as a country long before the Fed and FDIC came along."

Some depositors would gamble on the honesty and integrity of the owners of the bank. Not surprisingly, many would just hide their money in coffee cans in the back yard. Not a big plus for the banking system

Yeah, there's this new thing called the "Internet"

Google it

See what type of financial information comes up

Also, even with the SEC and tens of thousands of pages of regulations, a guy like Madoff still gets through.

Go figure.

 

[Old Rocks]

Hmmm...... Madoff was a bank?

 

[Avatar4321]

Why do you people want Republicans to win in November. Not only did they cause all this disaster, but they haven't promoted a singe new idea on how to fix their mess. I think you guys are crazy.

Did you ever think we don't want Washington to fix the mess? Did you ever think that we just want them to get the heck out of the way so we can do our own work?

 

[PLYMCO_PILGRIM]

Give the props to brown himself for making himself available for a 15 min Q&A on the radio. This man actually has personally returned one of my phone calls to his office when he was our state senator which I found amazing.

Great job in speaking with Senator Brown directly!!

Scott Brown is doing a great job so far. Yes, this Democrat originated bill has some faults, but Brown utilized his spoiler status to make it a "better bad bill" as it were - and frankly, I trust his judgement in doing so far more than say, Olympia Snow or the like.

After November, Brown will not be in the position to do so, as Republicans will have the advantage of much improved legislative numbers.

I am certain Brown will be more than happy to be a part of those numbers...

....on radio station 96.9 wxtk and I asked him why he supports the wall street reform bill and he answered with this (paraphrased from memory)

This bill is not funded through higher taxes, which, as you know, is a non-starter with me anytime. During committee negotiations a $19 billion tax increase was slipped into the 2,300 page legislation and this was simply unacceptable to me. I could not support the bill until this tax was removed and it was.


he also gave a bullet type response of good stuff he liked in the bill

1) An audit of the Federal Reserve to examine the emergency lending that took place during the heart of the financial crisis
2) New requirements that take steps toward ending the "too big to fail" mentality among banks
3) Helps end bailouts so American taxpayers never again have to be on the hook
4) Measures that prevent banks from acting like casinos by eliminating loopholes that allowed risky and abusive practices to go on unnoticed and unregulated

As I said when I first came to Washington, I remain committed to reviewing each and every piece of legislation that comes before me and make sure it's good for my state, doesn't raise taxes and helps our economy. As I have done during my short time in office, I will continue to approach each bill in an open-minded manner.

I may have got some of that wrong and I know i left some of his talking points on it out but that is basically what he had to say.

In my opinion he has good motives but I still find his judgment in supporting this bill to be bad.

 

[PLYMCO_PILGRIM]

Why do you people want Republicans to win in November. Not only did they cause all this disaster, but they haven't promoted a singe new idea on how to fix their mess. I think you guys are crazy.

Did you ever think we don't want Washington to fix the mess? Did you ever think that we just want them to get the heck out of the way so we can do our own work?

That is in line with how I feel avatar.

 

[Mr. Shaman]

....on radio station 96.9 wxtk and I asked him why he supports the wall street reform bill and he answered with this (paraphrased from memory)

This bill is not funded through higher taxes, which, as you know, is a non-starter with me anytime. During committee negotiations a $19 billion tax increase was slipped into the 2,300 page legislation and this was simply unacceptable to me. I could not support the bill until this tax was removed and it was.


he also gave a bullet type response of good stuff he liked in the bill

1) An audit of the Federal Reserve to examine the emergency lending that took place during the heart of the financial crisis
2) New requirements that take steps toward ending the "too big to fail" mentality among banks
3) Helps end bailouts so American taxpayers never again have to be on the hook
4) Measures that prevent banks from acting like casinos by eliminating loopholes that allowed risky and abusive practices to go on unnoticed and unregulated

As I said when I first came to Washington, I remain committed to reviewing each and every piece of legislation that comes before me and make sure it's good for my state, doesn't raise taxes and helps our economy. As I have done during my short time in office, I will continue to approach each bill in an open-minded manner.

I may have got some of that wrong and I know i left some of his talking points on it out but that is basically what he had to say.

In my opinion he has good motives but I still find his judgment in supporting this bill to be bad.

Yeah.....paraphrased from memory......

​

 

[Coyote]

....on radio station 96.9 wxtk and I asked him why he supports the wall street reform bill and he answered with this (paraphrased from memory)

This bill is not funded through higher taxes, which, as you know, is a non-starter with me anytime. During committee negotiations a $19 billion tax increase was slipped into the 2,300 page legislation and this was simply unacceptable to me. I could not support the bill until this tax was removed and it was.


he also gave a bullet type response of good stuff he liked in the bill

1) An audit of the Federal Reserve to examine the emergency lending that took place during the heart of the financial crisis
2) New requirements that take steps toward ending the "too big to fail" mentality among banks
3) Helps end bailouts so American taxpayers never again have to be on the hook
4) Measures that prevent banks from acting like casinos by eliminating loopholes that allowed risky and abusive practices to go on unnoticed and unregulated

As I said when I first came to Washington, I remain committed to reviewing each and every piece of legislation that comes before me and make sure it's good for my state, doesn't raise taxes and helps our economy. As I have done during my short time in office, I will continue to approach each bill in an open-minded manner.

I may have got some of that wrong and I know i left some of his talking points on it out but that is basically what he had to say.

In my opinion he has good motives but I still find his judgment in supporting this bill to be bad.

I strongly agree with his points - esp 2-4....nothing should be too big to fail ever again. Why do feel he had bad judgement?

 

[Mr. Shaman]

Fannie Freddie and FHA control 100% of the residential mortgage market, what was that about "too big to fail"?

How's this:

Repeal CRA

FDIC insurance. If a bank chooses to be FDIC insured, then the government can regulate the fuck out of them. If they're not regulated, they can;t be bailed out and the government has to mind it's own business.

We prospered as a country long before the Fed and FDIC came along.

Yeah....The Depression is a GREAT-example of that......​

"Established by the Banking Act of 1933 at the depth of the most severe banking crisis in the nation's history, its immediate contribution was the restoration of public confidence in banks."

(Quite the History Major, aren't you???)​

 

[Mr. Shaman]

Why do you people want Republicans to win in November. Not only did they cause all this disaster, but they haven't promoted a singe new idea on how to fix their mess. I think you guys are crazy.

I thought Obama already fixed it with a $4 trillion spending deficit, continued wars in Iraq and Afgahnistan, and by destroying the offshore oil exploration business?

Yeah.....whatta great-opportunity to allow Republicans to drive us back-into-the-Ditch, again.

​

 

[Jarhead]

....on radio station 96.9 wxtk and I asked him why he supports the wall street reform bill and he answered with this (paraphrased from memory)

This bill is not funded through higher taxes, which, as you know, is a non-starter with me anytime. During committee negotiations a $19 billion tax increase was slipped into the 2,300 page legislation and this was simply unacceptable to me. I could not support the bill until this tax was removed and it was.


he also gave a bullet type response of good stuff he liked in the bill

1) An audit of the Federal Reserve to examine the emergency lending that took place during the heart of the financial crisis
2) New requirements that take steps toward ending the "too big to fail" mentality among banks
3) Helps end bailouts so American taxpayers never again have to be on the hook
4) Measures that prevent banks from acting like casinos by eliminating loopholes that allowed risky and abusive practices to go on unnoticed and unregulated

As I said when I first came to Washington, I remain committed to reviewing each and every piece of legislation that comes before me and make sure it's good for my state, doesn't raise taxes and helps our economy. As I have done during my short time in office, I will continue to approach each bill in an open-minded manner.

I may have got some of that wrong and I know i left some of his talking points on it out but that is basically what he had to say.

In my opinion he has good motives but I still find his judgment in supporting this bill to be bad.

I strongly agree with his points - esp 2-4....nothing should be too big to fail ever again. Why do feel he had bad judgement?

I have not seen the bill yet, but the primary points seem valid.
However, with the way THIS congress has been doing things, I am very concerned about the NON PUBLICIZED things that may be stashed away in the bill.

We, as a people, should be very leary about the way congress has been playing games with the legislative process lately.