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To: Giordano Bruno who wrote (224340)10/10/2009 3:33:16 PM
From: Smiling BobRead Replies (1) | Respond to of 306849
 
Dimon was the central target. Makes a mom proud

This was the key point that should infuriate Americans to no end. All this talk of reform will never amount to anything but talk. It makes for good headlines.

Johnson explains that "the opportunity for real reform has already passed. And, not only is there not going to be change, but I'll go further — I'll say it's going to be worse, what comes out of this, in terms of the financial system, its power, and what it can get away with."

O blew it. He went with the path of least resistance with zero fight. Much of that may be a result of the tsunami of chit he was handed. He trusted and was pressured by his pool of available "seasoned advisors", who are really nothing more than saboteurs, double agents, and extortionists. Not one has the best interests of the country in mind. Will we ever hear from Volcker again? I bet they're wishing cancer on him.

The banks have taken all they can take. Anything in the Constitution stating how many future generations from which we're allowed to borrow? Without O taking a firm stance and cleaning house, things will only get worse. Despite all his cries of partisanship, he's shown no indication or intent of stepping away from his own party, which is what needs to be done.