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Old 04-18-2009, 03:38 AM
 
Location: Lafayette, Louisiana
14,100 posts, read 28,541,384 times
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Outrageous: Watchdog Windfall | Michael Crowley | Reader's Digest

If the above article is correct then instead of handing out bailout money, Congress should have enacted a law putting some sort of limitation on SEC members becoming members of boards for banks and other lending institutions. From the looks of this, this has been going on long before Obama, GW Bush, or even Clinton.
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Old 04-18-2009, 05:09 AM
 
Location: Irvine, CA to Keller, TX
4,829 posts, read 6,933,064 times
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Quote:
Originally Posted by sailordave View Post
Outrageous: Watchdog Windfall | Michael Crowley | Reader's Digest

If the above article is correct then instead of handing out bailout money, Congress should have enacted a law putting some sort of limitation on SEC members becoming members of boards for banks and other lending institutions. From the looks of this, this has been going on long before Obama, GW Bush, or even Clinton.
Of course it has. That is what is so disappointing for me about Obama. Although I could not in good conscientious vote for him or McCain I did have some hope that there would be some change. Unfortunately I was wrong and he is just a stronger, more liberal version of Bush. He has way over stepped the Presidential/Government bounds our founding fathers set up in the Constitution, even more so than Bush which says a lot. I have little hope that people will wake up some day and realize that we are just being manipulated by a 2 party system that only cares about that system and its continued stranglehold on the American people.
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