The Final Peace asked:


Do you think Obama showed poor judgment in his choice of hiring Jim Johnson with ties to Country Wide Financial to head up his committee to choose a VP?

Jim Johnson just resigned as he was tied to Country Wide Financial.

The news just reported this; do think Obama should choose his associates a little more carefully?

MARIA

Caribou “QUIT” Barbie™ asked:


What say you?

HILDA

_______ asked:


I get the distinct impression that had this “reform” been voted for by EVERY Democrat it would be all over the homepage. (Democrats pass bipartisan financial reform bill with 4 Republican votes)

BUT, it seems the only two honest Democrats in the Senate (Cantwell and Feingold) weren’t going to pretend this bill was worth a sh*t. (They did that with healthcare and it didn’t benefit anybody)

What do you think??

http://tpmdc.talkingpointsmemo.com/2010/05/senate-passes-wall-street-reform-bill.php?ref=fpb

By a vote of 59-39 tonight, the Senate passed sweeping legislation to tighten the rules governing the U.S. financial system.

Four Republicans — Sens. Scott Brown (R-MA), Chuck Grassley (R-IA), Susan Collins (R-ME) and Olympia Snowe (R-ME) — joined with all but two Democrats, Sens. Maria Cantwell (D-WA) and Russ Feingold (D-WI), who opposed the bill for not being more aggressive in reforming Wall Street. Sens. Robert Byrd (D-WV) and Arlen Specter (D-PA) didn’t vote.

In the weeks ahead, House and Senate negotiators will meet in a formal conference committee to iron out the differences between this package, and the broadly similar bill the House adopted late last year. The Senate is expected to name their negotiators on Monday.
two lions…………..”Feingold and Cantwell voted against it for completely different reasons than did the Republicans”

True. But the fact they wouldn’t vote for it says A LOT.

LUELLA

Keith O asked:


See http://blogs.news.com.au/heraldsun/andrewbolt/index.php/heraldsun/comments/a_lot_of_cash_for_not_much_better

CHARMAINE

web_trace asked:


Everytime you turn on the news these days, there’s nothing but talks of “crisis” of every kind from health care, to child care, to national security, to natural disasters, and of course financial.

Is it the purpose of a one world government to create or just allow crisis in order to justify more government control over people?

What, if anything, can be done to stop intrusive and corrupt people from eroding liberty for the sake of “security”?

Those who would give up essential Liberty, to purchase a little temporary safety, deserve neither Liberty nor Safety. -Benjamin Franklin

Is life so dear, or peace so sweet, as to be purchased at the price of chains and slavery? Forbid it, Almighty God! I know not what course others may take; but as for me, give me liberty, or give me death! - Patrick Henry

For why should my liberty be subject to the judgment of someone else’s conscience? - Apostle Paul

LYNDA

cannonball asked:


I watch financial news channels all day long. All you hear about is a recovery. But it seems as if the only folks recovering are the rich. It seems as if those who have money to invest and those who were bailed out by the government are the ones making money. They’re taking that bailout money and investing it or hoarding it. They are not lending it out. And then you have these analysts on there who are interviewed. They get the most bullish folks possible. But for the life of me, I cannot find any positive economic signs. Sure, corporate profits are up. But that is the result of layoffs measures to squeeze even more production out of their existing employees. And the inventory levels for manufacturing companies aren’t a positive sign either. And the biggest economic indicators of all are simply dismal- the job market, the housing market, and consumer spending. Even the Fed (usually the biggest bulls of all) is hesitant to say anything about a recovery. They actually say things will be flat or worse in the coming months. So are these financial news channels lying about the economy to boost (false) confidence in the market? And if so, what motive would they have to do such a thing?

MAXWELL

Not A Toy asked:


Now it’s the case for BP, which we’re told is dragging down its sector - oil business… but I can’t understand why the troubles of a company that had a very specific accident have a repercussion on its sector. And yet we hear about it in financial news all the time. Why is that?

ANGELINA

Innocent asked:


Plans to turn the financial crimes investigation over to the Treasure are now being considered.

The two missions of the Secret Service it to.

Conduct its protection mission and investigate financial crimes.

Will the financial Crimes investigation be turned over to the ones committing the biggest crimes to the people.

http://news.yahoo.com/s/ynews/ynews_ts950

GEORGINA

pdooma asked:


This is a bit of conflict of interest, don’t you think?

http://www.opensecrets.org/news/2009/07/newly-appointed-wall-street-in.html

ELISHA

Connor asked:


http://money.cnn.com/2008/10/09/news/companies/colvin_ge.fortune/index.htm

TAYLOR