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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?


To: Mary Cluney who wrote (10695)10/25/2009 11:19:52 AM
From: longnshort  Respond to of 42652
 
"Didn't we just go through this with deregulating the financial markets?"

that would be the Community Reinvestment Act, thank you Clinton, Frank and Dodd.



To: Mary Cluney who wrote (10695)10/25/2009 11:24:17 AM
From: longnshort  Respond to of 42652
 
GENEROUS PAY for new Freddie Mac CFO. "The government-controlled mortgage finance company is giving…

By Glenn Reynolds on Uncategorized

GENEROUS PAY for new Freddie Mac CFO. "The government-controlled mortgage finance company is giving CFO Ross Kari compensation worth as much as $5.5 million. That includes an almost $2 million cash signing bonus and a generous salary that could top $2.3 million." It's okay to pay him a lot. He works for the government. "Freddie Mac is not just another company. It's alive today, and nearly 80 percent owned by the government, only because almost $51 billion in taxpayer funds were pumped into it over the last year. More bailout money also may be needed in the quarters ahead as losses from its troubled mortgages mount."

"
Didn't we just go through this with deregulating the financial markets?"

doesn't seem like Obama is too concerned about it



To: Mary Cluney who wrote (10695)10/25/2009 1:30:41 PM
From: Brumar89  Respond to of 42652
 
Yes, and the mortgage crisis was made in Washington too.



To: Mary Cluney who wrote (10695)10/25/2009 4:18:07 PM
From: longnshort  Read Replies (1) | Respond to of 42652
 
blasphemy laws
Perhaps in an effort to rehabilitate the United States’ image? in the Muslim world, the Obama administration has joined? a U.N. effort to restrict religious speech. This country should never sacrifice freedom of expression on the altar of religion.
By Jonathan Turley

Around the world, free speech is being sacrificed on the altar of religion. Whether defined as hate speech, discrimination or simple blasphemy, governments are declaring unlimited free speech as the enemy of freedom of religion. This growing movement has reached the United Nations, where religiously conservative countries received a boost in their campaign to pass an international blasphemy law. It came from the most unlikely of places: the United States.

While attracting surprisingly little attention, the Obama administration supported the effort of largely Muslim nations in the U.N. Human Rights Council to recognize exceptions to free speech for any "negative racial and religious stereotyping."...

blogs.usatoday.com

...I continue to be confused why the Left in this country is so absolutely hostile to Baptists in Alabama but are so deferential to Muslims in Saudi Arabia. Is it simply because one group makes credible threats of violence while the other does not?

coyoteblog.com



To: Mary Cluney who wrote (10695)10/25/2009 4:25:42 PM
From: longnshort  Respond to of 42652
 
"Didn't we just go through this with deregulating the financial markets?"

this should help financial institutions. Since they are so honest and up standing

Maxine Waters Amendment: ACORN Regulatory Authority Over Financial Institutions

theadmonition.com
Calendar October 24, 2009 | Posted by Shannon Bell

Democrats on the House Financial Services Committee have voted to pass an amendment offered by Rep. Maxine Waters that would allow ACORN to play a role in setting regulations for financial institutions. Isn’t that a lot like Al Capone writing the tax code and what constitutes a violation?
Congressional Black Caucus Holds Press Conference On Stimulus Bill

During the debate of H.R. 3126, which is the bill creating a Consumer Financial Protection Agency, an Obama brainchild, the brilliant Maxine Waters offered an amendment that would add 5 members to an oversight board that would primarily serve underserved communities, or communities that have been impacted by “higher priced mortgages”. From the Financial Services Committee/Republicans:

In light of recent evidence linking ACORN to possible criminal activity, Democrats took an unprecedented step today to give ACORN a potential role alongside bank regulators in overseeing financial institutions. This is contrary to recent actions taken by the Senate and House to block federal funds to ACORN.

Michael Savage said it best, “Liberalism is a mental disorder”. Maxine Waters is mentally deranged, either that or she is so beholden to ACORN that the potential blowback from this in no way compares to the support she receives from ACORN and groups like ACORN.

In recent weeks ACORN has come under fire because of undercover investigative reporting by a couple of college students with a camcorder. The public outcry has been so great that the House and Senate have voted to cut off federal funds to ACORN.

Perhaps this amendment is Maxine Waters way of “giving back” to ACORN; an organization that has no doubt given so much to her. In case you wondered, the amendment passed 35-33. When Barack Obama proposed the creation of a Consumer Financial Protection Agency, the thought of fraud and corruption never entered your mind, did it?



To: Mary Cluney who wrote (10695)10/26/2009 1:55:20 PM
From: TimF  Read Replies (1) | Respond to of 42652
 
Didn't we just go through this with deregulating the financial markets?

No.

Pssst. Buddy, I've got this drug that can save your life from Wild West Pharmaceuticals. How much you want to pay? How much is your life worth?

Even in the absence of any regulation at all, its unlikely that medicinal drugs would be sold that way to any great extent. Most of the market would care about reputation and checks for safety.

In any case few would call for no regulation, or almost no regulation. The regulation that should be eliminated here is price controls, which limit investment in researching new vaccines, building production infrastructure for new vaccines, and development of faster and more flexible ways to produce vaccines.



To: Mary Cluney who wrote (10695)10/26/2009 2:20:16 PM
From: John Koligman  Read Replies (2) | Respond to of 42652
 
There are plenty of clips of 'Mr. Ayn Rand' himself, the maestro, saying 'he made a mistake' in regard to deregulation of the financial markets... The Frontline documentary last week about how he, Rubin, and Summers 'throttled' Brooksley Born when she wanted to more closely regulate derivatives before they blew up is right in line with his 'thinking'...

John

youtube.com