Comments on: Poll: Mixed Reviews For Obama On AIG
CBS News Survey Finds Only 41 Percent Approve Of President’s Handling Of Bonus Scandal, Though Overall Approval Remains High
- And Barney Frank and Chris Dodd led the way.
Posted by hawksprings at 4:13 PM : Mar 23, 2009
Uh, sorry, but that would be Bush and Cheney and the Repub-controlled Congress 2000 - 2006. That's when most of the deregulation occurred. They cut the dogs loose and now we are all up a tree! - Reply to this comment
- President Obama is correct. We should not govern out of anger. We should do whatever will finally serve the country and the health of the economy best. That applies to the AIG bonuses and all the other actions to be taken too.
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- Does anyone here realize that everything Obama is doing is having to be bought by China. WE HAVE KNOW MONEY!! All we have is added debt. A billion here a billion there and we owe our souls to a non-god fearing country. Where has America gone?
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- Once again facts get in the way of the "truth" as the news media wants us to know.
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- I am not happy with the new President, I feel he says what he thinks you want to hear, but then does what he wants anyway. I am much less happy with the congress. I agree with the commenter that said making a big deal about AIG, what about the raise congress gave themselves? Did you get a raise, not me. They talk about government controlled health care, doesn't the congress and all of Washington already have government controlled healthcare? Don't we the people pay for their healthcare with our tax dollars? Sounds like we do without, but pay our taxes so they can have raises and the best health care in the nation. I think it is time the people take back the government. Get rid of all those lifetime congress people. We need some different views in Washington.
As for the interview, I didn't see any difference in this interview than some of the ones during the campaign except that this time they were asking the right questions of Obama and not giving him a free ride. I think we are lucky to have old time journalists, they ask the right questions and try to give the news truthfully. - Reply to this comment
- "Congress and the Executive Branch," says Robert Weissman of Essential Information and the lead author of the report, "responded to the legal bribes from the financial sector, rolling back common-sense standards, barring honest regulators from issuing rules to address emerging problems and trashing enforcement efforts. The progressive erosion of regulatory restraining walls led to a flood of bad loans, and a tsunami of bad bets based on those bad loans. Now, there is wreckage across the financial landscape."
Posted by caliguy55
And Barney Frank and Chris Dodd led the way. - Reply to this comment
- "If the entire media would just quit reporting the news and instead just cheer lead for the GOP the way Faux News does, everything would be good."
Posted by mcthreeteeth
We've already got a situation where the Media cheer leads for the Democrats.
And we've got one little network that you Libs get so bent out of shape because you don't think they walk in goose-step with the rest of the meda.
BTW, did you know AIG bonused OBama and Chris Dodd over $100,000? - Reply to this comment
- The Republicans wiped TRILLIONS off the economic map WORLDWIDE while accepting handouts from Wall Street left right and centre, and hawksprings is worried about $100,000. Other Republicans are worried about a bad joke and sleeveless dresses. It must be getting harder and harder to be a Republican in today's world.
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- The financial sector invested more than $5 billion in political influence purchasing in Washington over the past decade, with as many as 3,000 lobbyists winning deregulation and other policy decisions that led directly to the current financial collapse, according to a 231-page report issued today by Essential Information and the Consumer Education Foundation.
The report, "Sold Out: How Wall Street and Washington Betrayed America," shows that, from 1998-2008, Wall Street investment firms, commercial banks, hedge funds, real estate companies and insurance conglomerates made $1.725 billion in political contributions and spent another $3.4 billion on lobbyists, a financial juggernaut aimed at undercutting federal regulation. Nearly 3,000 officially registered federal lobbyists worked for the industry in 2007 alone. The report documents a dozen distinct deregulatory moves that, together, led to the financial meltdown. These include prohibitions on regulating financial derivatives; the repeal of regulatory barriers between commercial banks and investment banks; a voluntary regulation scheme for big investment banks; and federal refusal to act to stop predatory subprime lending.
"The report details, step-by-step, how Washington systematically sold out to Wall Street," says Harvey Rosenfield, president of the Consumer Education Foundation, a California-based non-profit organization. "Depression-era programs that would have prevented the financial meltdown that began last year were dismantled, and the warnings of those who foresaw disaster were drowned in an ocean of political money. Americans were betrayed, and we are paying a high price -- trillions of dollars -- for that betrayal."
"Congress and the Executive Branch," says Robert Weissman of Essential Information and the lead author of the report, "responded to the legal bribes from the financial sector, rolling back common-sense standards, barring honest regulators from issuing rules to address emerging problems and trashing enforcement efforts. The progressive erosion of regulatory restraining walls led to a flood of bad loans, and a tsunami of bad bets based on those bad loans. Now, there is wreckage across the financial landscape." - Reply to this comment
- Ummm... why can't we have a story on the fact that AIG 'bonused' Obama over $101,000?
Why is that not considered news?
It would be if it were a Republican president.
Why the bias here, CBS? - Reply to this comment






