R
rdean
Guest
The House is in session for only 97 days until after the election.
Is that too many?
Boehner: Judge Congress by how many laws it repeals, not passes - NBC Politics
2008 financial crisis was an avoidable disaster caused by widespread failures in government regulation, corporate mismanagement and heedless risk-taking by Wall Street
Fannie Mae and Freddie Mac, the mortgage finance giants; and the aggressive homeownership goals set by the government as part of a philosophy of opportunity were not major culprits.
On the other hand, the report is harsh on regulators. It finds that the Securities and Exchange Commission failed to require big banks to hold more capital to cushion potential losses and halt risky practices, and that the Fed neglected its mission.
It says the Office of the Comptroller of the Currency, which regulates some banks, and the Office of Thrift Supervision, which oversees savings and loans, blocked states from curbing abuses because they were caught up in turf wars.
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We've already seen what deregulation and no new regulations have done to the economy.
If the Republican controlled congress isn't going to do their job because they want to ruin President Obama in spite of what it does to the country, is meeting 97 days too many? Since they didn't repeal any legislation last year, their damage was somewhat limited. It least as not as bad as it could have been. Do they really need to meet 97 days this year? What's the purpose? Besides more damage?
Is that too many?
Boehner: Judge Congress by how many laws it repeals, not passes - NBC Politics
2008 financial crisis was an avoidable disaster caused by widespread failures in government regulation, corporate mismanagement and heedless risk-taking by Wall Street
Fannie Mae and Freddie Mac, the mortgage finance giants; and the aggressive homeownership goals set by the government as part of a philosophy of opportunity were not major culprits.
On the other hand, the report is harsh on regulators. It finds that the Securities and Exchange Commission failed to require big banks to hold more capital to cushion potential losses and halt risky practices, and that the Fed neglected its mission.
It says the Office of the Comptroller of the Currency, which regulates some banks, and the Office of Thrift Supervision, which oversees savings and loans, blocked states from curbing abuses because they were caught up in turf wars.
-----------------------------------------------
We've already seen what deregulation and no new regulations have done to the economy.
If the Republican controlled congress isn't going to do their job because they want to ruin President Obama in spite of what it does to the country, is meeting 97 days too many? Since they didn't repeal any legislation last year, their damage was somewhat limited. It least as not as bad as it could have been. Do they really need to meet 97 days this year? What's the purpose? Besides more damage?
