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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (134829)	7/22/2013 4:28:04 PM
From: Road Walker	1 Recommendation Recommended By ChinuSFO Read Replies (3) \| Respond to of 149317

My cousin sent that over to me. Makes your blood boil, eh? These banks should be broken up and the criminals put in prison. This type of thing just goes on and on, because none of them are held accountable. Senator Warren is trying her best, but she's a lone voice in the wilderness. Well yeah, on one side it does piss me off. On the other hand you've got to have a little grudging respect for their ability to scam a few pennies here and there from multi-Billion industries, and unload the risk to other people. These are very, very clever folks! But... I now agree with you it's time to put the banks in their place. Their balance sheets will survive the regulation. I'm thinking the economy isn't so fragile. "Greed is good" until it isn't, and we're probably to the point where we don't have to put up with their blood sucking ways. The Fed? I think Bernanke is handling this all fabulously. Slowly pull back on bond purchases, maybe summer next year start raising rates, slowly. Federal budget moving toward balance. Tick tick tick... this is working like clockwork. A Keynesian dream, a blueprint for future financial crisis (and there will be more). A hard unwind from the Greenspan years. These guys were REALLY good.

To: RetiredNow who wrote (134829)	7/23/2013 5:24:20 AM
From: ChinuSFO	Read Replies (1) \| Respond to of 149317

This is very interesting in that there are more families now who cannot afford to send their kids to college. usatoday.com And then for those who do get through college there are no good jobs available to them. We are losing an entire generation to joblessness. This needs to be something on the top of the agenda instead of worrying about whether To sue banks or not. Didn't expect that the Pope of all people would focus on the issue when he commented on this the other day.