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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (417440)	9/16/2008 1:21:07 PM
From: michael97123	Read Replies (2) \| Respond to of 1578303

I wrote to my son earlier that republicans were responsible for too much dereg and dems were guilty of mis-regulation. Regulations never is the 100% solution but with those idiots on Wall street at Lehman and Bear who leveraged by 40-1 with no actual cash/deposits to fund anything, they needed regs. Dems are responsible for the corruption of fannie and freddie. Greenspan is the father of this mess we are in and will go down as the biggest asshole of the last 25 years. I think Paulson is great and i think Ben is OK.

To: TimF who wrote (417440)	9/16/2008 1:47:07 PM
From: tejek	Read Replies (1) \| Respond to of 1578303

Here we go.....one of your wahoos thinks we should let AIG slide and doesn't want anyone fukking with the excessive pay packages of CEOs. You and yours are not the friend of the American people. From NBC's Andrea Mitchell The ranking republican on the Senate Banking Committee, Sen. Richard Shelby of Alabama, just said on MSNBC that he talked to Treasury Secretary Henry Paulson within the hour and told him he opposes any federal bailout for AIG. He said they should draw the line now on federal bailouts. He also disagreed, in part, with McCain's call today for a 9/11 Commission to investigate corporate pay packages and other issues related to the economy. Shelby said he thinks it should be up to corporate directors to determine CEO pay. firstread.msnbc.msn.com

To: TimF who wrote (417440)	9/16/2008 7:38:42 PM
From: TimF	Read Replies (1) \| Respond to of 1578303

And then after Bush proposed greater oversight of Freddie Mac and Fannie Mae in 2003, congressional Democrats shot it down -- ...Among the groups denouncing the proposal today were the National Association of Home Builders and Congressional Democrats who fear that tighter regulation of the companies could sharply reduce their commitment to financing low-income and affordable housing. ”These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis,” said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ”The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.” Representative Melvin L. Watt, Democrat of North Carolina, agreed. ”I don’t see much other than a shell game going on here, moving something from one agency to another and in the process weakening the bargaining power of poorer families and their ability to get affordable housing,” Mr. Watt said... qando.net hotair.com