Comments on: 7 keys to financial reform

By: csodak

csodak — Wed, 31 Mar 2010 17:15:13 +0000

All this debate and no one really gets it. Stealing from one another has become an acceptable norm. How can I say this? The evidence is in how our society defines what it means to ‘steal’. Our lack of action to address the systemic thievery starting with the S&L crisis and moving through 3 decades is testimonial to our failure to punish white collar theft therefore we believe that white collar thievery is acceptable. Unless the perpetrator is armed with a deadly weapon our society cannot wrap its collective heads around what it means to steal from one another.

What is hilarious is by refusing to address these systemic white collar crimes we are in affect providing lunatic fringe radical groups to move away from theorizing about taking power into the realm of application demonstrated by arming themselves with deadly weapons.

Until we confront our inability to punish systemic white collar crime financial reform is meaningless.

It’s pathetic.

By: Tom Degan

Tom Degan — Wed, 31 Mar 2010 13:41:35 +0000

Financial re-regulation should be the next item on the agenda – no ifs, ands or buts about it, boys and girls. We had thirty years of deregulated “Reaganomics” and look where that got us. It is my wish that one day the American people overcome their dysfunctional love affair with Ronald Reagan and wake up to the reality that the Gipper was a complete and utter fool.

I was starting to get a little depressed about President Obama. I feared he was on the fast track to becoming another Bill Clinton. It now seems that he might want to be another Franklin Roosevelt. He may be FDR Lite, but I’ll take what I can get, thank you very much.

This administration will really get some steam behind it once the midterm elections are behind it. Count on a major upset for “the party of Lincoln” (TOO FUNNY!) in November The months between now and then will only see their continual implosion.

http://www.tomdegan.blogspot.com

Tom Degan

By: Gandhiolfini

Gandhiolfini — Wed, 31 Mar 2010 11:32:36 +0000

Insightful, beware the Global Carry Trade (GCT).

By: LibertyAtStake

LibertyAtStake — Wed, 31 Mar 2010 00:45:47 +0000

Eliminate Fannie and Freddie. Give Barney Frank the golden parachute he needs to retire to the gay S&M club of his choice. No expense too large here. Let bankers decide who’s credit worthy with the money they lend.

http://libertyatstake.blogspot.com/
[For a light hearted take on our present peril]

By: Storyburn

Storyburn — Tue, 30 Mar 2010 23:26:55 +0000

They have got to get rid of proprietary trading and tax record wall street bonuses at rates north of 50% if the American public is going to buy into all of this ‘reform’