AMERICAblog: Wall Street fights regulation of derivatives
georgenationdotcom
· 4 months ago
Brilliant plan by Obama give the Fed the single most corrupt, vile, and foremost destroyer of liberty more power. Just brilliant. 2012 cant come soon enough....if we still have elections then.
When Hamilton proposed a National Bank here is what Jefferson said : "If the American people ever allow the banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all property, until their children will wake up homeless on the continent their fathers occupied."
Grats to giving more power to the one thing which should be summarily dismantled
vkobaya
· 4 months ago
The Wall Streeters should be grateful that they aren't all hanging by their necks from lamp posts up and down Wall Street. Disgusting!
caphillprof
· 4 months ago
This country tolerates violence against liberals (Kennedy, King, Kennedy, Wellstone, Matthew Shepard, etc, etc, etc.) but not against the banksters.
cufford
· 4 months ago
The foxes now "own" the hen house.
Indigo
· 4 months ago
We don't need no "innovation" No dark cabals in the cloakroom, Hey! Brokers! Leave reforms alone! Hey! Brokers! Leave reforms alone!
leo
· 4 months ago
Bring back the Pecora Commission! We're not going to get anywhere if we don't get to the bottom of what really happened.
We're still working on the edges rather than getting down to fundamentals. I'm not sure there is a public policy basis for permitting so called "derivatives" anywhere but in the casinos of Las Vegas and Atlantic City and various "Indian" reservations. A people who were seriously concerned about their children's future would first separate their economy from the recreation of gambling. I'm betting that the derivatives "industry" would prefer Congress to the Nevada Gaming Commission.
All Comments
When Hamilton proposed a National Bank here is what Jefferson said : "If the American people ever allow the banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all property, until their children will wake up homeless on the continent their fathers occupied."
Grats to giving more power to the one thing which should be summarily dismantled
No dark cabals in the cloakroom,
Hey! Brokers! Leave reforms alone!
Hey! Brokers! Leave reforms alone!
I've found the following blog helpful, http://www.newdeal20.org/