Comments on: Tougher Bank Rules Coming But No Time Soon
Congress Eyes Stiffer Regulation Though Changes Unlikely Until Next Term
- Phil Gramm - remember the name. He''s the architect behind bank deregulation and he could well be McCain''s Treasury Secretary, if America is dumb enough to vote GOPig again. What do you think will happen to "Tougher bank rules" under him?
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- Could it be that the Democrats would look bad at the poles?
Posted by consciousnes
What do Polish people have to do with it? - Reply to this comment
- Glass Steagall needs a comeback asap.
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- ''not right now, we are on Vacation - signed, YOUR Democrat lead Congress'' [Posted by TheVicar1]
Until Democrats have a two-thirds majority they can''t override Bush''s veto''s.... - Reply to this comment
- It''s PAST TIME for TERM LIMITS. Maybe then we would actually have elected officials working for all Americans instead of just working to extend their careers. Most politicians probably start out with noble intentions - but become jaded, out-of-touch, and self-serving the longer they stay.
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- Clinton added his touch to this mess when he pushed for a bill to give the commercial banks the right to acquire investment banks, or vice-versa. No, the rules won''t be changed to protect the consumer quickly because the politicians have to wait and see what the banking lobby wants them to do.
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- TheVicar1 is right, The speaker shut down congress when a group of congressmen tried to get a vote on the energy bill.
Could it be that the Democrats would look bad at the poles? - Reply to this comment
- Ok, so where is the $50 billion coming from? The United States is already in debt for many TRILLIONS of dollars. Where is the money coming from, our Social Security fund that isn''t there any more?
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- Too little, too late. This is what Regan, Bush 1 and Bush 2 give you. No regulations, no oversite and they expect the tax payer to pick up the tab. We have privatized Profit and Socialized Losses. What ever happened to let the Market sort it out?
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- Tough new banking rules? Don''t make me laugh, it ain''t gunna happen.
Why?
Because tough rules would expose the fact that almost every bank in America is insolvent.
We have to continue with business as usual to maintain the facade that everything is okay. - Reply to this comment
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