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Again I continue to not understand the tea party. JP morgan has been accused by the DOJ of everything from lying to investors to manipulation of energy markets. I'm on the website Americanthinker, and all I'm seeing is defense of JP morgan, saying obama is trying to extort them. Blackrock is a financial institution that is suing JP for half of what the government is charging, because they accuse JP morgan of lying to them. Here is the funny thing, JP is not contesting any of these in court. They just finished a settlement of 13 billion dollars from the DOJ, and are in current negotiations with blackrock and other investors for 6 billion. Tea party claims to be for personal responsibility, but here I'm see right-wingers defending a company without actually defending any of the charges being brought against them.
Who can be held "personally responsible" at a corporation? The CEO? Is that the same as holding the President of the United States "personally responsible" for the atrocities that happen under his watch? Are liberals now transitioning over to this theory? Be careful what you ask for.
I don't know anything about the aforementioned legal disputes, but...
If they are settling, how are they not taking responsibility?
I think this is a thread fail.
i'm not saying JP morgan is failing to take responsibility, I meant the tea party is rushing to the defense of JP morgan, and i'm trying to figure out why? The writer of the article is upset and accusing obama and DOJ of extortion. JP morgan is accused of a laundry list of ****, and for some reason, they can't stand that the fact, the government is holding them accountable.
i'm not saying JP morgan is failing to take responsibility, I meant the tea party is rushing to the defense of JP morgan, and i'm trying to figure out why? The writer of the article is upset and accusing obama and DOJ of extortion. JP morgan is accused of a laundry list of ****, and for some reason, they can't stand that the fact, the government is holding them accountable.
Please point to the official defense from the Tea Party.
Let's take a look at two common goals, which are the top priorities, of the Tea Party.
1. Balanced budget.
2. Reduction of the national debt.
Does the OP disagree with these goals?
I have yet to see the tea party congress propose changes to Social Security, medicare and Medicaid, which are the largest drivers of our debt. When it comes to farm subsidies, the same ones who want to cut food stamps, have been taking government payments for their farms for years. what I also find funny is they you look at polls, and even tea party wants the government to their keep their hands of of thier Medicare. Spare me on the reduction of national debt nonsense. In your world, this is what I always here when it comes to cutting:
1. Reduce fraud, waste, and abuse
2. cut congress salaries
3. Eliminate all welfare,
4. End foreign aide.
Please, you guys are a bunch of frauds when it comes to caring about the debt. When I see the tea party ready to cut stuff they like, I will take you more seriously on fiscal matters.
Who can be held "personally responsible" at a corporation? The CEO?
The corporation itself. No, the CEO does not have to pay the 13 billion of his own pocket.
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, the tea party wants to keep Medicare...which is driving our debt.
