Whores For Wall Street

[Discombobulated]

GOP leaders have some funny ideas in their budget proposal; seems they want to dismantle the Dodd-Frank regulations. Now we know who Boehner and McConnell really work for.

http://www.wsj.com/articles/boehner...ing-bill-avoid-government-shutdown-1418234804

 

[Manonthestreet]

Another law that does nothing but ad cost. Has anyone been prosecuted under it.......Can any benefit at all be proven

 

[Manonthestreet]

And please explain why not one Banker was prosecuted for crimes that were admitted to

 

[Discombobulated]

Another law that does nothing but ad cost. Has anyone been prosecuted under it.......Can any benefit at all be proven

Good to know our representatives are looking out for the interests of their most important constituency.

http://dealbook.nytimes.com/2014/12...-tuck-dodd-frank-changes-in-budget-bill/?_r=0

 

[Siete]

at least the republicans in congress could use a little Vaseline on their pals that vote for them, lie for them, make every excuse known to man for them, yammer talking points over and over even when those talking points are proven false for them, etc etc etc, FOR THEM.

one of these days all of you RW dopes will wake up and understand its all about THEM, and you're their f'n puppets ..

get it now?

 

[dblack]

at least the republicans in congress could use a little Vaseline on their pals that vote for them, lie for them, make every excuse known to man for them, yammer talking points over and over even when those talking points are proven false for them, etc etc etc, FOR THEM.

one of these days all of you RW dopes will wake up and understand its all about THEM, and you're their f'n puppets ..

get it now?

ACA

 

[initforme]

This just proves who the repubs are most worried about... it isn't the average working person that is for sure. They have no interest in seeing middle class people do ok. Zero... none. When they pull crap like this and then complain about those that call them out on it class warfare mongers.

 

[Dad2three]

And please explain why not one Banker was prosecuted for crimes that were admitted to

Why Prosecutors Don't Go After Wall Street

BUSH GAVE A GET OUT OF JAIL FREE CARD SUMMER 2008

Why Prosecutors Don t Go After Wall Street NPR

“When regulators don’t believe in regulation and don’t get what is going on at the companies they oversee, there can be no major white-collar crime prosecutions,”...“If they don’t understand what we call collective embezzlement, where people are literally looting their own firms, then it’s impossible to bring cases.”

http://www.nytimes.com/2011/04/14/business/14prosecute.html?pagewanted=all

The FBI correctly identified the epidemic of mortgage control fraud at such an early point that the financial crisis could have been averted had the Bush administration acted with even minimal competence.
'
The Two Documents Everyone Should Read to Better Understand the Crisis William K. Black

Dubya was warned by the FBI of an "epidemic" of mortgage fraud in 2004. He gave them less resources.

FBI saw threat of loan crisis - Los Angeles Times

Shockingly, the FBI clearly makes the case for the need to combat mortgage fraud in 2005, the height of the housing crisis:

Financial Crimes Report to the Public 2005

FBI mdash Financial Crimes Report 2005

The Bush Rubber Stamp Congress ignored the obvious and extremely detailed and well reported crime spree by the FBI.

THE BUSH ADMINISTRATION and CONGRESS stripped the White Collar Crime divisions of money and manpower.

http://www.nytimes.com/2008/10/19/washington/19fbi.html?pagewanted=all

 

[Dad2three]

Another law that does nothing but ad cost. Has anyone been prosecuted under it.......Can any benefit at all be proven

Good you agree, it's stopped people from breaking the law and since a Dem is in as the Executive Branch (oversight), things like D/F are being enforced

On the one hand, many of the core provisions of Dodd-Frank are working well. Higher capital standards and the addition of liquidity requirements have made financial institutions more stable while protecting taxpayers against future bailouts.

Setting up the Consumer Financial Protection Bureau (CFPB), the only regulator to meet all of its Dodd-Frank rule-making requirements on time, has gone smoothly on the whole. New rules make it less likely that an institution such as AIG will slip between regulatory cracks to threaten financial stability. Moving most derivatives to centralized clearing has increased transparency and promoted financial stability. The Federal Deposit Insurance Corporation (FDIC) has exercised its new authority to develop a failure resolution regime, which, if effective, would mark a major step forward in addressing the too-big-to-fail problem.

But Dodd-Frank is not perfect; it should be improved.
Breaking the impasse on Dodd-Frank TheHill

 

[Dad2three]

at least the republicans in congress could use a little Vaseline on their pals that vote for them, lie for them, make every excuse known to man for them, yammer talking points over and over even when those talking points are proven false for them, etc etc etc, FOR THEM.

one of these days all of you RW dopes will wake up and understand its all about THEM, and you're their f'n puppets ..

get it now?

ACA

Thank you Prez Obama and Democrats

 

[Dad2three]

Another law that does nothing but ad cost. Has anyone been prosecuted under it.......Can any benefit at all be proven

The Consumer Financial Protection Bureau (CFPB), the new agency created by the law, runs robustly. The agency has returned $3.8 billion to consumers who fell victim to violations of the law. Americans are growing acquainted with this new friend, as 375,000 have filed complaints on debt collection, credit cards, mortgages and other consumer issues.

Perhaps the best sign of its potency is that the congressional allies of the industry sector that thrives on unfair, deceptive or abusive practices continue to harangue the CFPB. Efforts to defund it or dilute its authority figure in the routine diet of the Republican-controlled U.S. House of Representatives.

On the other end of progress, the Securities and Exchange Commission lags behind its fellow regulators in finalizing rules.


Dodd-Frank at Four Bartlett Naylor

 

[Roadrunner]

GOP leaders have some funny ideas in their budget proposal; seems they want to dismantle the Dodd-Frank regulations. Now we know who Boehner and McConnell really work for.

http://www.wsj.com/articles/boehner...ing-bill-avoid-government-shutdown-1418234804

The whores for Wall Street sleep in the White House.

 

[Dad2three]

GOP leaders have some funny ideas in their budget proposal; seems they want to dismantle the Dodd-Frank regulations. Now we know who Boehner and McConnell really work for.

http://www.wsj.com/articles/boehner...ing-bill-avoid-government-shutdown-1418234804

The whores for Wall Street sleep in the White House.

Contributions by Sector 2012

Finance, Insurance & Real Estate Total $88,604,540

Dems (Obama) $20,437,371


GOP (Mittens) $68,056,133

Presidential Candidates Contributions by Sector 2012 Cycle OpenSecrets

 

[Manonthestreet]

So that would be no prosecutions.......banks still scamming public .........wonderful law

 

[Mr. H.]

Obama is the ultimate Wall Street Whore. Printing $85 billion per month and driving interest rates to zero.
Where the fuck else are folks to put their money?

 

[Roadrunner]

Obama is the ultimate Wall Street Whore. Printing $85 billion per month and driving interest rates to zero.
Where the fuck else are folks to put their money?

I am house searching first thing in January, just to get some of my profits OUT before it all falls down.

 

[Dad2three]

So that would be no prosecutions.......banks still scamming public .........wonderful law

So you aren't paying attention, shocking

 

[Dad2three]

Obama is the ultimate Wall Street Whore. Printing $85 billion per month and driving interest rates to zero.
Where the fuck else are folks to put their money?

lol


Yes, that's Obama, NOT the fed reserve in response to Dubya/GOP great recession

 

[BlackSand]

Obama is the ultimate Wall Street Whore. Printing $85 billion per month and driving interest rates to zero.
Where the fuck else are folks to put their money?

Pfft ... People don't understand Wall Street and who is putting out for who.

I laugh at a friend of mine who rails against big oil constantly ... And doesn't mind telling me how well his 401k is either. I don't have the heart to tell him that he is heavily invested in big oil ... It is more fun watching him rant.

I ought to call him a big oil whore!

.

 

[Manonthestreet]

and blame Bush...dont forget that....... Leadership on a grand scale.