Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
No. LBO's, like financial derivative contracts, pose a danger to the market, witness the current economic crisis. There needs to be more transparency to commercial transactions. There must at least be a level playing field; and getting rid of the "safe harbor" provisions that immunize these transactions will not be done if Mitt Romney is elected President.
Damn right they won't be done! And weaken the Street's proclivity to take risks? Are you crazy? What do you think America would be without people willing to take risks?
The Wall Street meltdowns were Oblama's fault. Once he got elected, confidence in the markets dropped. Once Romney gets elected, confidence will be restored and we will start seeing job creation at the pace of about 700,000 to 750,000 jobs per month.
Ah, I see.
Strange, the election was November 4, 2008. Yet, the meltdown was prior to that.
The bottom line is that Romney will do WAY more to protect Wall Street than Oblama will do or has ever done. And what's good for Wall Street is good for Main Street.
When will this doofus learn that Wall Street needs LESS regulation, not more. I'm so glad Romney is running for office.
And this is supposed to gain Romney MORE support? Because he supports the individuals who are responsible for trillions of dollars of our debt? And then gave themselves huge bonuses because of it?
Note that this person wrote his article in September 2008.
Notice the sudden surge in Obama's numbers as the 2008 election approached? The Street was filled with trepidation at the prospect of an incompetent moron heading up our economy. And THAT'S why the economy collapsed.
The Wall Street meltdowns were Oblama's fault. Once he got elected, confidence in the markets dropped. Once Romney gets elected, confidence will be restored and we will start seeing job creation at the pace of about 700,000 to 750,000 jobs per month.
So the Wall Street meltdown of 2007/2008 are to be blamed on Obama who took office in 2009?
You just lost what little credibility that you thought you had. Goodbye.
And this is supposed to gain Romney MORE support? Because he supports the individuals who are responsible for trillions of dollars of our debt? And then gave themselves huge bonuses because of it?
Those bonuses get spent at the Range Rover dealership, they get spent on American Airlines tickets, and in stores where regular Americans work. They are recycled back into the American economy out of patriotism. Not a unconstitutional tax like Oblama has with Oblamacare.
Those bonuses get spent at the Range Rover dealership, they get spent on American Airlines tickets, and in stores where regular Americans work. They are recycled back into the American economy out of patriotism. Not a unconstitutional tax like Oblama has with Oblamacare.
Which Range Rover dealership is that? I would like to drop by.
I also purchase American Airline tickets. I consider it my patriotic duty.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
