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Old 02-25-2013, 07:28 AM
 
Location: Columbus, OH
3,038 posts, read 2,358,672 times
Reputation: 827

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Quote:
Originally Posted by InformedConsent View Post
So what does that make the people who voted for them? TWICE!
They certainly don't understand economics. Or human nature.
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Old 02-25-2013, 08:13 AM
 
2,840 posts, read 3,298,491 times
Reputation: 1405
It goes to show that crime pays; and big crime pays dividends.
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Old 02-25-2013, 12:24 PM
 
Location: west mich
5,739 posts, read 6,376,368 times
Reputation: 2123
Quote:
Originally Posted by OhioRules View Post
And listen to anyone in the the Obama Administration and they are going after the banks for us. Gotta look out for the little guy. lols.
What a bunch of clowns these liberals are.
Quote:
Originally Posted by InformedConsent View Post
So what does that make the people who voted for them? TWICE!
So you voted Republican, thinking they would go after the banks?? Really? What does that say about you?
You are disappointed that Obama is acting like a republican? Are you aware of who the republican base is?

BTW, "liberals" are angry about the weakness of the DOJ on this, so it demonstrates that your thoughtless views are coming off of the Fox script. It is Republicans who don't want their base punished.
http://www.nytimes.com/2012/03/02/op...tice.html?_r=0
Since republicans continually act to cut funding for the DOJ, seems that this is exactly what they want - zero penalties:
"Four years after the disintegration of the financial system, Americans have, rightfully, a gnawing feeling that justice has not been served. Claims of financial fraud against companies like Citigroup and Bank of America have been settled for pennies on the dollar, with no admission of wrongdoing."

Yeah, pennies-on-the-dollar settlements built into the business model as the cost of doing business. Where have conservatives been on this over 30 years? In the fold!
And republicans always stand for downsizing the DOJ.
"First, the working group must have a strong and independent staff with the budget, expertise and training to do the job. This is vital given the bureaucratic inertia so far. Mr. Holder’s commitment of 55 lawyers, investigators and other staff members is a start, but far short of what is needed."

Campaign financing is a big part of the problem:
Why Can't Obama Bring Wall Street to Justice? - Newsweek and The Daily Beast
"Obama far outraised his Republican rival, John McCain, on Wall Street--around $16 million to $9 million. As it turned out, Obama apparently actually meant what he said at that White House meeting--his administration effectively would stand between Big Finance and anything like a severe accounting. To the dismay of many of Obama's supporters, nearly four years after the disaster, there has not been a single criminal charge filed by the federal government against any top executive of the elite financial institutions."
"Strikingly, federal prosecutions overall have risen sharply under Obama, increasing dramatically in such areas as civil rights and health-care fraud. But according to the Transactional Records Access Clearinghouse, a data-gathering organization at Syracuse University, financial-fraud prosecutions by the Department of Justice are at 20-year lows."

So it is not "liberals" who are against either Wall Street accountability or campaign finance reform, it is conservatives.
So if the banks are "too big to jail" do you remember who allowed them to get that way? Yeah, it was "free-market" reaganomics and "hands-off-Wall-Street" deregulation. So as a conservative, you have gotten your way - yet you complain about Obama. Amazing.
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Old 02-25-2013, 12:35 PM
 
79,632 posts, read 39,361,046 times
Reputation: 16377
Quote:
Originally Posted by detwahDJ View Post
So it is not "liberals" who are against either Wall Street accountability or campaign finance reform, it is conservatives.
So if the banks are "too big to jail" do you remember who allowed them to get that way? Yeah, it was "free-market" reaganomics and "hands-off-Wall-Street" deregulation. So as a conservative, you have gotten your way - yet you complain about Obama. Amazing.
The liberals are the enablers though. Yes, many want more accountability but won't hold Obama accountable when he does the exact opposite.

One of the reasons I refused to vote for Romney was that I knew he wasn't about to address this issue. As I said, I truly hoped Obama would have.

Now to address this question, over and over Obama has allowed them to get away with it. Blankfein, Mozilo, this example. Over and over he has allowed them to get away with it and has nominated another one of them to be the Treasury Secretary.

If the Dems/liberals/left are really concerned over this why are they not saying a word about him nominating another wolf to gaurd the henhouse.
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Old 02-25-2013, 12:50 PM
 
Location: Philadelphia Area
1,720 posts, read 1,208,242 times
Reputation: 1353
Quote:
Originally Posted by OhioRules View Post
lols. What a bunch of nonsense.

You can't find one example of companies getting together to form monopolies. not one. You can't even have a monompoly without help from the government.

Only industry that tried to get together to screw the consumer was the railroad industry in the late 1800s. And it just about bankrupted them. No one else tries it because it's not in their interest and it cannot work. Laws of free market capitalism assure it won't work.
WOW!!!!

Yeah, what we have is "free" market "capitalism" that prevents banks and other corporations from getting together to "screw the consumer".

Whatever you're having, I want some. Then again, perhaps that is not a good idea.

Remember Dorothy, click your slippers three times and repeat, "There's no place like home."
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Old 02-25-2013, 02:40 PM
 
77,258 posts, read 36,763,123 times
Reputation: 11160
Quote:
Originally Posted by detwahDJ View Post
So you voted Republican, thinking they would go after the banks?? Really? What does that say about you?
You are disappointed that Obama is acting like a republican? Are you aware of who the republican base is?
I didn't vote Republican. I'm not Republican.

Quote:
Campaign financing is a big part of the problem:
Why Can't Obama Bring Wall Street to Justice? - Newsweek and The Daily Beast
"Obama far outraised his Republican rival, John McCain, on Wall Street--around $16 million to $9 million. As it turned out, Obama apparently actually meant what he said at that White House meeting--his administration effectively would stand between Big Finance and anything like a severe accounting. To the dismay of many of Obama's supporters, nearly four years after the disaster, there has not been a single criminal charge filed by the federal government against any top executive of the elite financial institutions."
"Strikingly, federal prosecutions overall have risen sharply under Obama, increasing dramatically in such areas as civil rights and health-care fraud. But according to the Transactional Records Access Clearinghouse, a data-gathering organization at Syracuse University, financial-fraud prosecutions by the Department of Justice are at 20-year lows."
Indeed.
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Old 02-25-2013, 02:42 PM
 
77,258 posts, read 36,763,123 times
Reputation: 11160
Quote:
Originally Posted by pknopp View Post
The liberals are the enablers though. Yes, many want more accountability but won't hold Obama accountable when he does the exact opposite.

One of the reasons I refused to vote for Romney was that I knew he wasn't about to address this issue. As I said, I truly hoped Obama would have.

Now to address this question, over and over Obama has allowed them to get away with it. Blankfein, Mozilo, this example. Over and over he has allowed them to get away with it and has nominated another one of them to be the Treasury Secretary.

If the Dems/liberals/left are really concerned over this why are they not saying a word about him nominating another wolf to gaurd the henhouse.
Good question.

Someone care to answer?
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Old 02-25-2013, 03:36 PM
 
Location: west mich
5,739 posts, read 6,376,368 times
Reputation: 2123
Quote:
Originally Posted by pknopp View Post
The liberals are the enablers though. Yes, many want more accountability but won't hold Obama accountable when he does the exact opposite.

One of the reasons I refused to vote for Romney was that I knew he wasn't about to address this issue. As I said, I truly hoped Obama would have.

Now to address this question, over and over Obama has allowed them to get away with it. Blankfein, Mozilo, this example. Over and over he has allowed them to get away with it and has nominated another one of them to be the Treasury Secretary.

If the Dems/liberals/left are really concerned over this why are they not saying a word about him nominating another wolf to gaurd the henhouse.
First, explain your first sentence - how should "many" "hold Obama accountable" other than elect republicans?
How do you know people in the inner circle aren't "saying a word" to him? You think this would be public knowledge anyway?
Progressive democrats are firmly for more oversight and accountability, and they are public about it - but you wouldn't know about this by getting your "news" from conservative media.
There are so many examples out there (which you prefer to ignore) and which you evidently require others to find for you. Okay, here are two examples of the "liberal" media "not saying a word".


Eliot Spitzer: Self Regulation of Wall Street a Joke (as is Mitt Romney) - YouTube

Obama Surrenders To Wall Street In New Op-Ed - YouTube

And since when are conservatives in favor of reining in Wall Street?
Without oversight, it is promoted as being "self-regulating" - by the people you mention. Yeah, according to conservatives the banks will "regulate themselves" if left alone. What a disconnect!


Wall Street Cry Babies Vs. Obama - A Rant - YouTube

Last edited by detwahDJ; 02-25-2013 at 03:50 PM..
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Old 02-25-2013, 04:54 PM
 
Location: Barrington
60,302 posts, read 41,187,479 times
Reputation: 19436
Quote:
Originally Posted by pknopp View Post

This is where I am by far the most dissapointed in an Obama administration..
There's no appitite in either party to send corporate CEOs to prison.
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Old 02-25-2013, 05:36 PM
 
79,632 posts, read 39,361,046 times
Reputation: 16377
Quote:
Originally Posted by detwahDJ View Post
First, explain your first sentence - how should "many" "hold Obama accountable" other than elect republicans?
Demand that he drop the Jack Lew nomination.

Quote:
How do you know people in the inner circle aren't "saying a word" to him? You think this would be public knowledge anyway?
I wasn't really speaking about his "inner circle" but we will agree that if they are he isn't listening to them so others have to speak up.

Quote:
Progressive democrats are firmly for more oversight and accountability, and they are public about it - but you wouldn't know about this by getting your "news" from conservative media.
I have no idea why you think this is a valid rebuttle to anything.

Quote:
There are so many examples out there (which you prefer to ignore) and which you evidently require others to find for you. Okay, here are two examples of the "liberal" media "not saying a word".
I can't get sound on video's at the moment but nobody takes anything Eliot Spitzers says seriously any longer.

Quote:
And since when are conservatives in favor of reining in Wall Street?
Without oversight, it is promoted as being "self-regulating" - by the people you mention. Yeah, according to conservatives the banks will "regulate themselves" if left alone. What a disconnect!
I have argued this topic over and over and not once have I defended any side in this debate but all the same, your rant is the very one you are arguing against. You will find "conservatives" with wide ranging opinions also.
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