I'm a conservative but I at least believe in accuracy of reporting. Anyone notice the confusing mis-quote in paragraph 3?? the three capitalised words FIGHT EFFORTS TO were left out from the quote of Obamas speech. Where's the quality control in these reports? How long has this been up and remained uncorrected? How can we make informed opinions when our major news providers are misquoting the President? Without accurate reporting how can we make informed opinions? See the capitalised text below for the omitted text.
"And yet, you are still seeing some of the same folks who acted irresponsibly trying to FIGHT EFFORTS TO crack down on abusive practices that got us in the situation in the first place," Mr. Obama told reporters. "I think people are frustrated."
I actually believe banks should have the right to practice however they see fit and if people are dumb enough to not read the fine print then they deserve to be ripped off, call me old fashioned but I'm a conservative and I believe in old fashioned capitalist values, however the fine print should at least be accurate and I believe in accurate reporting. This article should be corrected but I can't even find an email address to let anyone know.
Richard Cordray s a bribe-taking crook from the corrupt state of Ohio. In Ohio we don't even have representational government. You pay your local taxes to where you work,not where you live and vote. Therefore the bribe-taking politicians don't even remotely care about the citizens but cater to the corrupt interests that ripoff their own residents. As Treasurer for the State of Ohio Richard Cordray's fund manager paid the largest fine ever for making illegal campaign contributions. Cordray received $10,000 from his own fund manager who was later found guilty of making illegal campaign contributions. As Attorney General Cordray sued AIG and awarded a NYC Law Firm a 43 million dollar contract. The Libertarian Candidate for Attorney general exposed the fact that the law firm's partners all donated huge amounts to Ohio's Democratic Party. Richard Cordray's unsuccessful run for Attorney General was totally financed by one contributor, Ohio's Democratic Party who laundered Cordray's bribes. I had Ohio's 5th 3rd Bank foreclose upon my house when I was gainfully employed and paying more than owed. They stole a payment from me which they listed as an unassigned credit. They said that the "unassigned credit" was their sending me a check. When I demanded that they give me the number of the check that they said they sent me, they refused. They stole 17 years of payments after the federal government gave them millions.
IT MAY BE TIME TO GO RETRO - HIRE PEOPLE INSTEAD OF MACHINES!
Many of the bells and whistles of mechanized convenience in the Economy are not really necessary and could be safely SCRAPPED,
adding thousands of jobs. A few these that I would include are:
Self-Serve Scanners in Supermarkets,
Automated Parking Lots
Automated Telephone Customer Service Lines
Airport Ticket Kiosks
ATM's and all Online Banking Services offered since 2000.
!!!!ATTENTION ALL SMALL SAVERS!!!!! I SERIES SAVINGS BOND CURRENT RATE IS 4.6 PERCENT!!!!
This is as good as it gets unless Regulation Q of the repealed
Glass-Steagall Act can be re-instated. But guess what, Greedy
Banks won't let it happen.
We need a new FDR to again save Capitalism from itself!
I can't even say how happy I am to welcome the American Autumn. After so many years of advocating for education, environment and peace and against corporation rape and pillage it is very welcome.
Whoever is out there deserves our praise and support and we should all get involved with this. The right wing corporations did not know when to stop as their end game IS corporation fascism. Time to take it back. Make Wall St and the rich pay. Create good American jobs, health care for all and strengthen Social Security.
...yes!, and which, not only has he failed to do anything positive about, but has, actually aggravated the problem by extending the national debt by needlessly giving money away to the Fed and Wall Street! Claims of 'protecting the consumer' are meaningless when generations of citizens are saddling with this mountainous debt! No conscientious politician could behave so cynically!
Yes it is a symptom of frustration with the current situation. However it is Obama's SPEND, TAX, PRINT, and REGULATE policies which are making the current situation worse. Obama's class warfare rhetoric is only fueling the fires of frustration.
It is time for Obama to stop his class warfare rhetoric. The people he is talking about taxing did not get some windfall for no reason. Most of these people worked hard, got educated, had great and innovative ideas, took risks, and invested capital. At The same time they created jobs and economic growth. They believed in The American Dream and made it happen. Obama's "tax The rich" rhetoric is a slap in The face to anyone who is a real American and believes in The American Dream.
Obama's plan IS class warfare. This plan raises taxes on the very people who create jobs and provide investment capital. Not only that, these are people who achieved The American Dream. Clearly Obama is an enemy of The American Dream. This is not a plan to create jobs and grow The economy, this is a campaign stunt to try to get reelected after a failed first term.
This plan is ANTI-GROWTH and ANTI-JOBS. Raising taxes on ANYONE with a WEAK ECONOMY is RECKLESS. This plan will send more investment and jobs out of The country. The only thing this plan will accomplish is extending The government's intrusion into The economy and it is The AVERAGE AMERICAN who will SUFFER.
More CLASS WARFARE from Obama. Obama will continue his SOCIALIST AGENDA until The AVERAGE AMERICAN votes him out of office.
Obama must realize most of his policies are temporary in nature. They will not fix The economy. What is need is a permanent FOUNDATION FOR GROWTH. If Obama wants to keep The wages of his union buddies ARTIFICIALLY HIGH, he must come up with other ways to lower The cost of production in The United States. If it costs more to produce a product in The US, companies will expand and add jobs outside The country. It is that simple. If Obama does not want to deal with The labor cost issue, The only other tools he can use to lower The cost of production are LOWER TAXES and LESS INTRUSIVE REGULATION.
Obama needs to stop pushing for alternative energy because it costs more to produce than it costs to produce conventional energy. That means The taxpayer pays an added cost twice: once for The money The government gives to The alternative energy companies and again because The energy produced by them costs more.
Instead of The government doing more and spending more, The government must stop The spending that only has a temporary effect, cut taxes, reduce The unsustainable public debt, and eliminate The oppressive regulation.
Obama also needs to do something about The culture we are breeding in The US which encourages people to depend on The system to survive. 46 million on food stamps and The millions who do not pay income taxes is more than we can afford.
When will Obama deal with The 46 million on food stamps or The millions who PAY ZERO INCOME TAX?
Dealing with those on food stamps & paying "no income taxes" could be dealt with easily - give them a JOB! - and they won't be on food stamps! They WILL be paying taxes!
Hey ANGRY guy, impressive rant but your grasp of economics is straight from the GOP Playbook of Plausible Parables that Glorify
Gargantuan Greed. All of the money in America is migrating swiftly
to the top, and the well-being of society depends on it being
recycled to the bottom through either Investmant and Jobs or Taxes.
Since there is an severe excess of capacity in the means of production for almost every product, there is nothing to invest in
profitably, so there will be very few jobs created no matter what the regulaions or tax burdens are. The only alternative is to tax
the rich heavily and create public infrastructure jobs as FDR once did in a similar economic situation.
Pres. Obama is quoted as saying.. "The financial sector is very creative, and they are always looking for ways to make money," he said. __________________________________________________________ Well, duh... that's what all business does. That's capitalism. That's what you want to have happen. The problem is the president sees the answer to the inevitable "maneuvering" to be more and more and more laws and regulations. It's far easier to simply create a climate where it is more attractive to invest your money and expand your business than to hoard your resources. Once you do that with the tax code and other policy everything else will take care of itself. But no, the president just wants an expanded nanny state as the answer.
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See the capitalised text below for the omitted text.
"And yet, you are still seeing some of the same folks who acted irresponsibly trying to FIGHT EFFORTS TO crack down on abusive practices that got us in the situation in the first place," Mr. Obama told reporters. "I think people are frustrated."
I actually believe banks should have the right to practice however they see fit and if people are dumb enough to not read the fine print then they deserve to be ripped off, call me old fashioned but I'm a conservative and I believe in old fashioned capitalist values, however the fine print should at least be accurate and I believe in accurate reporting. This article should be corrected but I can't even find an email address to let anyone know.
Many of the bells and whistles of mechanized convenience in the Economy are not really necessary and could be safely SCRAPPED,
adding thousands of jobs. A few these that I would include are:
Self-Serve Scanners in Supermarkets,
Automated Parking Lots
Automated Telephone Customer Service Lines
Airport Ticket Kiosks
ATM's and all Online Banking Services offered since 2000.
This is as good as it gets unless Regulation Q of the repealed
Glass-Steagall Act can be re-instated. But guess what, Greedy
Banks won't let it happen.
We need a new FDR to again save Capitalism from itself!
Whoever is out there deserves our praise and support and we should all get involved with this. The right wing corporations did not know when to stop as their end game IS corporation fascism. Time to take it back. Make Wall St and the rich pay. Create good American jobs, health care for all and strengthen Social Security.
Directory, Scanner frequencies, Too Big To Fail, see:
AMERICAN JOBS ACT 2012
http://americanjobsact2012.com
Claims of 'protecting the consumer' are meaningless when generations
of citizens are saddling with this mountainous debt!
No conscientious politician could behave so cynically!
It is time for Obama to stop his class warfare rhetoric. The people he is talking about taxing did not get some windfall for no reason. Most of these people worked hard, got educated, had great and innovative ideas, took risks, and invested capital. At The same time they created jobs and economic growth. They believed in The American Dream and made it happen. Obama's "tax The rich" rhetoric is a slap in The face to anyone who is a real American and believes in The American Dream.
Obama's plan IS class warfare. This plan raises taxes on the very people who create jobs and provide investment capital. Not only that, these are people who achieved The American Dream. Clearly Obama is an enemy of The American Dream. This is not a plan to create jobs and grow The economy, this is a campaign stunt to try to get reelected after a failed first term.
This plan is ANTI-GROWTH and ANTI-JOBS. Raising taxes on ANYONE with a WEAK ECONOMY is RECKLESS. This plan will send more investment and jobs out of The country. The only thing this plan will accomplish is extending The government's intrusion into The economy and it is The AVERAGE AMERICAN who will SUFFER.
More CLASS WARFARE from Obama. Obama will continue his SOCIALIST AGENDA until The AVERAGE AMERICAN votes him out of office.
Obama must realize most of his policies are temporary in nature. They will not fix The economy. What is need is a permanent FOUNDATION FOR GROWTH. If Obama wants to keep The wages of his union buddies ARTIFICIALLY HIGH, he must come up with other ways to lower The cost of production in The United States. If it costs more to produce a product in The US, companies will expand and add jobs outside The country. It is that simple. If Obama does not want to deal with The labor cost issue, The only other tools he can use to lower The cost of production are LOWER TAXES and LESS INTRUSIVE REGULATION.
Obama needs to stop pushing for alternative energy because it costs more to produce than it costs to produce conventional energy. That means The taxpayer pays an added cost twice: once for The money The government gives to The alternative energy companies and again because The energy produced by them costs more.
Instead of The government doing more and spending more, The government must stop The spending that only has a temporary effect, cut taxes, reduce The unsustainable public debt, and eliminate The oppressive regulation.
Obama also needs to do something about The culture we are breeding in The US which encourages people to depend on The system to survive. 46 million on food stamps and The millions who do not pay income taxes is more than we can afford.
When will Obama deal with The 46 million on food stamps or The millions who PAY ZERO INCOME TAX?
We must continue to VOTE THEM OUT!!!
Gargantuan Greed. All of the money in America is migrating swiftly
to the top, and the well-being of society depends on it being
recycled to the bottom through either Investmant and Jobs or Taxes.
Since there is an severe excess of capacity in the means of production for almost every product, there is nothing to invest in
profitably, so there will be very few jobs created no matter what the regulaions or tax burdens are. The only alternative is to tax
the rich heavily and create public infrastructure jobs as FDR once did in a similar economic situation.
"The financial sector is very creative, and they are always looking for ways to make money," he said.
__________________________________________________________
Well, duh... that's what all business does. That's capitalism. That's what you want to have happen.
The problem is the president sees the answer to the inevitable "maneuvering" to be more and more and more laws and regulations. It's far easier to simply create a climate where it is more attractive to invest your money and expand your business than to hoard your resources. Once you do that with the tax code and other policy everything else will take care of itself. But no, the president just wants an expanded nanny state as the answer.
Capitalism is not cheating and stealing from everybody else. You are misguided.