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.
After all, it's hard to distill everything he's heard about Dodd-Frank from Rush Limbaugh into something normal people can understand...
I got my education on this from talking to small town bankers, reading the financial press, and professional experience. I have a good understanding of credit and banking. One of my good friends is a lifelong Democrat, a banker, who agrees with every aspect of my characterization of the effect of Dodd Frank on smaller banks. I don't have time for Rush Limbaugh, nor for watching Fox news. Sure, some small banks got caught up in the real estate thing via commercial lending. But why hammer every single one of them--the well-capitalized, well-managed institutions that are so vital to their customers? And not a speck of my posts have been about the big banks. Clinton-era deregulation, the repeal of Glass Steagall, was a huge mistake--but that topic is a whole 'nother thread.
The economy is being burned to the ground, and you all are doing a great job of throwing rocks at the firefighters. My hometown bank was absolutely instrumental to me in my life--and would not have been as another storefront for a big chain. I started with nothing, struggled and juggled for a long time. But that must be terribly boring to you. Go ahead, keep on ignoring every clue thrown to you about the mechanisms by which the Obama agenda is wrecking any chance at a normal recovery, dooming us to stagnation. Just bury your head in the sand, and glory in the fluffy platitudes that pass for an Obama agenda. And don't think about the little guys on Main Street in your town, just revel in the fact that Obama sure showed those dirty rotten SOB's just who is boss.
If Obama goes down on election day, you can mark it down to your vast cluelessness--a disease that seems to affect Democrats more than Republicans in 2012.
Looks like Obama got a bump from the last debate and his handling of Hurricane Sandy. Obama has the momentum and based on current trends, he should win next Tuesday. Poll aren't going to change much in 4 days.
It shows Romney is a horrible politician in the end; in truth he should've run for Sec. of the Treasury:P (he probably wouldve been good at that, too bad he can't run for it) Oh, he left with an approval rating of 34% in MA.
And to give you a hint how much people on both sides do NOT like Romney, you can look at the toss up between Brown and Warren. Basically there is 25% of the population in MA that WOULD vote for Scott Brown but WOULD NOT vote for Romney.
On side note, I couldn't help but notice that - along with Obama's recent boost - there's been a corresponding boost in the Senate polls for the Democrats. At one time it looked like the GOP was going to gain 5 seats in the Senate (and thus get control of BOTH houses of Congress). That dream looks like it's turned to dust along with Romney's Presidential hopes. First the "5-seat-gain" for the GOP turned into a "1-seat-gain" (which would still leave control of the Senate in Democrat hands). Now, over the last few days, that "1-seat-gain" projected for the GOP turned first into a "wash" then into a "1-seat-loss" for the GOP. Right now it looks like the Democrats are going to not only hold onto their lead in the Senate, but BOLSTER it up a little - giving them an 8-seat advantage over the GOP there (ie 54 to 46). This along with - what will probably be - gains for the Democrats in the House of Representatives as well (though it will no doubt remain in GOP control).
I got my education on this from talking to small town bankers, reading the financial press, and professional experience. I have a good understanding of credit and banking. One of my good friends is a lifelong Democrat, a banker, who agrees with every aspect of my characterization of the effect of Dodd Frank on smaller banks. I don't have time for Rush Limbaugh, nor for watching Fox news. Sure, some small banks got caught up in the real estate thing via commercial lending. But why hammer every single one of them--the well-capitalized, well-managed institutions that are so vital to their customers? And not a speck of my posts have been about the big banks. Clinton-era deregulation, the repeal of Glass Steagall, was a huge mistake--but that topic is a whole 'nother thread.
The economy is being burned to the ground, and you all are doing a great job of throwing rocks at the firefighters. My hometown bank was absolutely instrumental to me in my life--and would not have been as another storefront for a big chain. I started with nothing, struggled and juggled for a long time. But that must be terribly boring to you. Go ahead, keep on ignoring every clue thrown to you about the mechanisms by which the Obama agenda is wrecking any chance at a normal recovery, dooming us to stagnation. Just bury your head in the sand, and glory in the fluffy platitudes that pass for an Obama agenda. And don't think about the little guys on Main Street in your town, just revel in the fact that Obama sure showed those dirty rotten SOB's just who is boss.
If Obama goes down on election day, you can mark it down to your vast cluelessness--a disease that seems to affect Democrats more than Republicans in 2012.
It's really adorable how Republicans veil their opposition to Dodd-Frank under a false guise of "concern for the little guys." Ha! Republicans are about as concerned about small banks as they are about the black unemployment rate. Which is, to say, not at all.
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.
