The President Proposes Financial Crisis Responsibility Fee

[88888FORCE]

The President Proposes Financial Crisis Responsibility Fee

OCT-05-2010...GREAT INFORMATION..........

GOVERNMENT MORTGAGE RELIEF

1-800-270-2928

[fullypimpgangsterap]

obama is gay i hope he dies a terrible death and oes straight too hell

[Rizky06]

This will be like charging someone for the rock that was thrown at them!

[buzzadler]

Holly shit, i just read all 126 comments after posing my 6 comments. We are totally screwed. The Complete Ignorance of the American People on Financial Issues is Astounding. The Financial System is LIGHTYEARS more complex (and in some ways corrupt) than any of these people, including Obama realizes. Mark my words, a BIGGER CRASH IS COMING, Precisely BECAUSE of what is happening under this administration, and previous administrations. Obama is president precisely because he doesn't understand.

[buzzadler]

Please read my 5 Posts Below, in order. If you don't understand it, I will be publishing a few books about this, i have 100,000 pages of documents, and over 1,000 books on finance. I'm going back to school to get a Law Degree from UC Berkeley and I plan on filing tons of lawsuits against these New World Order Scum to get the Money Back for the American People and Shut Down the Fed Once and For All. American's study hard. This is the biggest battle in the history of our republic. no question.

[buzzadler]

And a Fifth Post - I can't resist: This is where the Doomsday Mechanism comes in: the Fed, artificially shifts interest rates up and down, creating these inflationary / deflationary business cycles, and is the primary source of booms, bust's and depressions, as has been known for 100+ years and proven in a 1974 Nobel Prize in Economics to F.A. Hayek. As the cycles repeat, the rich get richer and the poor get poorer, as the Fed prints money "without limit" (Alan Greenspanm, FRB, 1997, Belgium)

[buzzadler]

Now, for my fourth post, this is where it gets really shady. The reserve ratio's thanks to the Basel 2 Accords signed at the BIS in Switzerland, and a law the SEC eliminated in 2005, allow for derivatives such as CDS to be used as bank reserves, thus effectively allowing leverage ratio's of 30 or 40 to 1, thus the money multiplier allows even greater credit expansion, which funnels into the $1.5 Quadrillion derivatives market. Once they get the Carbon Market started, Its GAME OVER for Humanity.

[buzzadler]

This is just the tip of the Iceberg. It gets even worse. Because of the Fractional Reserve Banking System - 90% of new money is created by the Banks - not the Fed. The traditional fractional reserve ratio of 10 to 1 means that for ever trillion injected, 10 trillion can be created. Then the investment banks, aided by deregulation, can take much of this money and directly hedge it in commodity, currency, and money markets, thus buying up resources, driving up prices and consolidating wealth.

[buzzadler]

Americans: Pay Attention Closely and Document Everything. You are witnessing the Greatest Dollar for Dollar Heist in Human History. Bush = Obama = Wall-Street = New World Order. There is no debate, you either have the facts and brains, or you have your head buried in the sand. As i mentioned in my post Below - For every $1 dollar back for Taxpayers, $307 dollars for Wall Street. I have all of this documented. It's all public, but the public still can't figure it out.

[buzzadler]

Amazing how dumb American Presidents and Citizens Are when it comes to finances and Economics. Just Google Search "New Study: Americans Financially Illiterate" as i have done and you will find endless evidence of this. Let me help you all out. I have Bloomberg articles detailing over $27.7 TRILLION in new credit, bailout, promises, and guarantees to Wall Street. Obama wants $90 Billion back. That's $1 back for Taxpayers for every $307.78 in Federal Reserve money for Wall Street: Obama=Fraud

[spectre1929]

reckless risks, like printing money to print yourself out of trouble which will lead to hyperinflation greater mass unemployment ,crime ,foreclosures ,commercial and domestic ,the great depression is about to wash in ,king canute ,mr obama,the fed,mickey mouse ,donald duck,cannot stop the economic tidal wave washing in ??

[arbiforumnow]

He can call it what ever he wants for all I care - some banks after all call their fees "courtesies." Oh wait, I forgot to thank them for robbing me!

[rodriguezge]

Financial Crisis Responsibility Fee is codeword for "TAX". This will incessantly only result in it being passed to us through higher interest rates/ATM fees, etc. Most of the banks have reformed their compensation policies to incentivize long-term shareholder value creation and re-weighted the stock/cash mix to increase more of the former. Additionally, Most of the banks repaid TARP with a nice return to taxpayers with the warrants exercised on MS, GS, JPM, WFC, etc. Populist talk at its best.

[ConspiracyHist]

oh aint that cute little timmy G next to Obama. hmmm thats funny hes in alot of trouble is that why obama is trying to cover his own ass about stolen money?

[ConspiracyHist]

Here comes the Greatest Depression in human history! thanks for all the worthless ass fake currency private federal reserve bank! the people are gonna be pissed when they find out you made the biggest Ponzi Scheme!

[fansntt]

Anyone explain why this fees are unfair?.. I don't get it... Those banks are lucky that we are in The United States of America. Do the same BS in socialist countries and they would have been taken over by the government 100%.

[joshuag5732]

i love it.

[cthreetv]

Can the American people get a bail out?

[TomThumbsFables]

More and more, Obama makes me feel so happy that I helped to elect this great Man!!!! Greatest President in my lifetime!!!!

[groundhog2008]

President Obama, the greed of the investors were responsible too! Why not raise the capital gains tax, and why not put a tax on 401k accounts that are due ongoing. Not at age 72, which is the current law. Also, why is a Roth IRA tax free, when poor people need this money, not the rich!!!!

[RichardE8ST]

@groundhog2008

I agree with you 100% President Obama will go down in history as one of the greatest Presidents. He came at a time when America desperately needed a man like him. If the republicans had been successful in electing another incompetent corrupt liar it would have been the end of America.

[rationalnow]

Watch it Richard, "the tingling feeling going up you leg" is showing! LOL

And you have the nerve to question me about Leader Boehner. OMG, you're unbelievable!

[RichardE8ST]

@rationalnow Bohner is a sold out ignorant alcoholic liar.

President Obama is fighting the same greedy corporate lobbyist that bush and the sub-human party of corruption loved so much that they sold America to them for pennies on the dollar.

[rationalnow]

@RichardE8ST, cool it with the lies and slander against Rep. Boehner. I'm not here to trash Obama, but God knows there's plenty there if I wanted to. All I'll say is one day you'll realize how wrong you were about this hypocritical phony, Obama that you admire so much!

[groundhog2008]

I wish the repubicans would admit that the financial crash was because of their deregulation. If Obama were in office, and people like Pelosi and Reid. This crash would have never have occured, because Obama would have seen it coming and stepped up to the plate and stopped it!!

[hodaribrown4presiden]

I hope you know deruglation of Wall Street started under the Clinton administration and Obama, Pelosi and Reid were in office when the market crash started because in started happening in 2005 but only got worse in 2007 and hit rock bottom in 2008.

[groundhog2008]

@hodaribrown4presiden Ok, the Democrats tried to warn george bush and other republicans, but they ignored the warnings. The repubs have paid the price! Now we have one of the greatest Presidents in my lifetime. It will take Obama 2 terms as President in order to fix the mess the repubicans made the past 8 years. Even as a minority in Congress, the repubs are still trying to hold back progress!!!!

[groundhog2008]

I do wonder if our wonderful President knows how much Americans love Him?!?! He is the greatest President in my lifetime!!!! I do hope that He wont forget that it is our duty to rebuild Haiti!!!! Haiti is our responsibility because so many of us came from Haiti, or we have relatives living there.

[rspawn]

Sounds good, but i'll believe it only when i see it.

[hodaribrown4presiden]

I agree, it does sound good but I will believe it when I see it because unlike candidate Obama and now President Obama, I was never for TARP. It was a bad idea and the $90 billion that we will be getting back over 10 years doesn't equate to what we dealt out in the $700 billion TARP program. So when you do the math, we still aren't getting our money back completely.

[SantaBarbaraDianne]

BTW, Mr. Obama, I read your book "The Audacity of Hope" and wish everyone would because it shows how very radical and racist (page 201) you really are!!

[oida10000]

You could upload the page into here, to proove, what you say.

[guddyMuddy]

great Leader!one of its kind! there fat ass bankers really should be punished........

[SantaBarbaraDianne]

@guddyMuddy

OMG don't drink the Kool-Aid!! We are going the way of Hugo Chavez's Venezuela!!

Freedom and democracy are at risk!!!

[zezba9000]

P.S. Everybody two Wrongs don't make a Right.

This is twisted preschool logic, and its pathetic we are so easily manipulated with it.

[AnthonyNews]

wow..we have such a great president in obama..iam sooo happy he's our president****** thank you

[Hyvaerinen]

Simple logic: Bonuses back to the people. What kind of capitalism is it when bonus payments are not based on economic profit--but on taxpayers' "subsidies" to Wall Street?

How big "welfare queens" financial institutions and their CEOs are? You tell me ...

[RichardE8ST]

It's such a joke to see these clueless Foxons second guessing President Obama. Do these bush loving rednecks really believe their own bullshit?

[zezba9000]

He talks about a flawed philosophy that the banks have about our money. haha look who's talking.

They should have failed. You dont keep paying stupid people to keep doing stupid things, because guess what, thats fucking stupid.

[zezba9000]

What hes saying here is they have complete control of who they get to take money from, and who they give that money to, and thus who ow's who money ect... as he said.

That is not a long term sustainable system!! Does anybody else see that??

[tyu3456]

but he is not taking money from me or you he is taking money from the insanely rich companies and people who deserve to be in jail

[zezba9000]

hahaha what do you think the bail out plan was??

Taking money from "you and me". Then giving it to wall street. He even said it. Now they are just dictating who the banks should give money to, same as they did with us.

Bottom line the government has to much power, and in the end its not helping you or I.

[Henroidt]

Yes, he did say it.

And he also said it was a distasteful thing to do. Y'know what sucks about life? We have to do things we don't like in order to prevent stuff from happening. If the big banks that are being idiots failed, it wouldn't have just been the removal of bad business men from their jobs. The entire nation would've felt the effect. And as much as it sucked to have to do so, they had to be bailed out.

There was a hope they would be like the Grinch and grow a freaking heart. Oops.

[MrSTANDFORAMERICA]

@Henroidt it was these same people that forced banks into giving loans to anyone on welfare and foodstamps (under Clinton). The same ones that as of today were trying to force them again into giving loans to anyone on welfare and foodstamps. With O credit rating.

Now they are trying to force them into giving small business to black only and they refuse to do it.

Being they won't (which I wouldn't either) he is now going to tax all the backs.

[MrSTANDFORAMERICA]

Then all banks refuse to do any business with or give loans to those thives at ACORN, the place that Obama got his start in the Communist Party.

The same people that said, "to control a nation you first have to shut down the banking system, put as many on welfare and foodstamps and employee in the federal government.

Look hard you'll all that happening.

Obama is destorying the nation.

[RichardE8ST]

Mr STANDFORBULLSHIT

Why don't you take your Fox diploma and stuff it where it stinks. This is a fact based channel. The type of people that watch it don't want to see some ignorant brainwashed moron spreading right wing propaganda. Go to a Fox channel where you belong.

[zezba9000]

@RichardE8ST

Whether he is a Fox nut or not he is right on many of his points here.

That should be the issue, not where he comes from, as all viewpoints are worth something to consider.

He is wrong about blaming to much of this on Obama though, as Bush has started many of the problems to begin with. Obama is just using the tools Bush set into place.

Ever watch "V-for vendetta". Things are not always as they are meant to appear.

[MrSTANDFORAMERICA]

@RichardE8ST right wing propaganda?

Obama stands there as say something and you call it "right wing propaganda".

You can go to the government website and everything is backedup, and you still call it "right wing propaganda".

You may bow down to this man, but I refuse to.

Some of us don't have to depend on welfare checks from Obama.

[zezba9000]

Can you not see how insain this is. Just because someone says it is a distasteful thing to do, does not give them the right to do it. If you cant see how illogical that is then know wonder this country is going to shit.

BTW who do you think regulated the stupid desisions the banks made?? The government, so who is the root of the problem? The government.

When a company has the power to be the downfall of the country something is not wrong with the company something is wrong with the system.

[zezba9000]

Just taking people out of office is not going to fix the root of the problem.

Changing the system will.

Government needs to be peer-reviewed as it is a science, not a few people at top who pretend they know the answers.

[zezba9000]

aka, the System, as in the "root system" a company(sub system) works upon.

[RichardE8ST]

@zezba9000 You have been programmed by Rupert Murdock to be anti American. You have been led to believe that the American government should work for corporate lobbyist instead of Americans.

Do you really believe that you can watch the liars on Fox and be more able to resolve the banking crises that the republicans set in motion. You don't have a clue what you're writing about. You're simply another Fox brain washed fool.

[zezba9000]

@RichardE8ST

Anti American? Y because I disagree with your idea's? What is American in the first place? Dont throw out stupid concepts when you dont even understand them.

I believe in a peer-reviewed global government set up by the people for the people, does this make me anti American? No it makes me an idealist.

Dont even try to put me in a category under the name of FOX, and think you've won anything.

Debate starts on the issues at hand, not playing the blame game by simple minded labeling.

[RichardE8ST]

@zezba9000 If you are anti American government then you are anti American. You vote for liars and criminals that are anti American government. You brainwashed republicans are voting to tear down the American way of life and sell America to corporate lobbyist through the sub-human corrupt republican party.

[zezba9000]

"If you are anti American government then you are anti American"

-Im not anti American, Im not Republican, Im not buying your, Hypocritical shit. Are you trying to be retarded, or is that just your special gift.

I dont beleive in a "Party system", I believe in a peer-reviewed system. So how can I be republican?

I am not here promoting Republican view's, so listen to what I am saying, because really, who is the one brainwashed by two sided unsophisticated logic here.

[zezba9000]

P.S.

"anti American government"

- Government is an idea, and thus should be treated as one. It is a theory of how things should work, and thus should be subject to criticism.

And it should be upgraded at a rapid rate to newer versions, as bugs are found to exist.

If core Systems are found to have err, then what rests on there solders most likely contains err.

If Anti-American is just another way to say you disagree with core elements of a system, then Anti-American means very little.

[zezba9000]

If you have something you think im mistaken on then try to correct me on the issue.

Otherwise grow up.

[SantaBarbaraDianne]

@RichardE8ST

The government is Americans? I think that's ancient history.

Gov is made up of a variety of yahoos that many of have no idea what corporate America is all about. They want to villify it so they can push their corrupt agenda through while telling you it's all kumbya and good for America.

Don't drink the Kool-Aid! btw,I know this is an overused phrase but I don't care !!!!!

[TheAgentChaos]

Way to go, Mr. Prez!

Everyone should google "move your money" to find  a Huffington Post article that talks about a way for us little guys to stick it to these "Too big to fail" bank fat cats. We don't *have* to put up with corporate business as usual!

[grapessss]

go obama

[lildwayne21]

Get ready everybody. A storm of Republican bitchfests will hit this video in mere minutes. Man, we need some more Democrats on here defending Obama. How much longer are we going to continue to let Republicans dominate these video and play down Obama's credibility? Come on Democrats, support your President.

[MrSTANDFORAMERICA]

@lildwayne21 I ama Democrat you wighead.

That is not the change we asked for. We just wanted lower gas prices. Not turn the United States Of America to another Communist nation.

[tyu3456]

THe only people being Communist here are the bankers and CEOs at the top.

[harkonnen554]

@lildwayne21 Republicans just spout whatever catch phrase jumps to mind.Alot just go on about some insane conspiracy theory, or flat-out misinformation their favorite right wing reporter told them and they take for holy truth.I don't bother trying to argue with em anymore.

[Henroidt]

Let's not make this a party thing. I've met Republicans (sadly, none of them holding any office or aspiring to) that approve of the current administration to some degree. Likewise, I've met Democrats who don't approve of the current administration on some degree.

[MrSTANDFORAMERICA]

We see you are still shifting the blame where it doesn't belong.

The only Financial Crisis Responsibility Fee should be put against ever Democrat, backing uo to Clinton.

[Henroidt]

Holy crap, Mr. President actually sounds angry with the banks (and rightfully so).

I'm behind this tax against the big banks. We need safeguards in place to protect consumers from seeing increased fees or whatever practices would foot the bill to them, rather than cut into these freaking bonuses which is the intended goal.

'Course, we could just take our money to smaller banks.

[TheAgentChaos]

Right on! Everyone google Huffington Post "Move Your Money" and find out how to do this!

Wouldn't it be nifty if we all just took our money out of the big corporate banks, put it in credit unions and local community banks and just watched the fat cats tumble?

It would serve them right for thinking they can jack up their ridiculous fees, sell people bad loans, do goofy wheeler dealer trading with our money, and get off scott free.

[MrSTANDFORAMERICA]

@TheAgentChaos What a dink.

The tax will be on all banks, not just 1 or 2, but all. That will include credit unions, savings and loans.

Obama said 3 years ago that all banks need to be shut down and the government have total control over you worthless little life.

[TheAgentChaos]

Um, proof? Where did he say that?

And I'm not talking about the tax, I'm talking about taking our business away from the fat cats who took advantage of their proximity to our money. Businesses that do what they did and are doing don't deserve to do anything *but* fail.

[MrSTANDFORAMERICA]

@TheAgentChaos

You mean they did what the did because the government regulated them to give loans to people on welfare and foodspamps. That's right forced banks into giving people that shouldn't allowed a loan for even a used car, much less a new home. and at prices that only Ross Perot could afford.

Forced into giving small business loans for minorities that has never even had a bank account before.

And with the first interest rate hike to coudn't afford the loan.

[RichardE8ST]

@MrSTANDFORBULLSHIT

Do you really believe that it was loans to poor people that wiped out the economy.

Are you really that stupid or do you just hate poor people?

It was bush/republican deregulation of corporate greed that wiped out the economy.

Republicans are inhuman greedy corrupt liars and anyone that votes for them is an ignorant greedy moron.

[no1saphead]

Ok by me !

[Drumvain]

What A total Farce! These criminals in the video need to be arrested for the decisions they made. This video is nothiong but lip service. Geithner has been caught red handed. Yet Obama has the nerve to go on t.v. and say the banks will be held responsible. How about arresting the criminals to your left and your right. What A fucking JOKE!

[memama2]

Obama goes *boink* ~as the wobbly wheels~~ ramble off his SoulTrain~

[memama2]

..this is a jury rigged deal (whatever he says always is) and then he has more next week and maybe one egoic elitist idea will POP into his head TONIGHT and that will be another destructive economy ruining DIM DUNCE socialist/hybrid/facist/New Age loony leftist "making it all up"idea involving =Lie after Lie! This guy is taking one of the LAST Solvent Industrys OUR HEALTHCARE .....and draining every last dime from our retirements and FREEDOMS = away from us AND OUR DOCTORS and Medical Clinics

[asdfghjkl418]

Obama is the best!

All of you guys who don't agree with what he is saying here, you are ignorant.

[Drumvain]

@asdfghjkl418

Ignorant?!? Somners and Gethiner are just as responsible for what has in effect been A mugging of the American Public for all their worth. If Obama was serious about corruption he would start by locking up those two. If you think we will see A red cent from these banks you are living in A dream. If you want to educate your self and not be so ingorant yourself take time and Watch Fall of the Republic.

/watch?v=VebOTc-7shU

Check out the claims and see the fraud for yourself.

[dbzlotrfan]

They aren't human, lest not the kind that want to move forward.

[TruthorDare21]

Damn right Mr. President It is not a socialist view it is only fair.Enough with the American Greed

[shoxite]

I've been waiting for this speech for a while. Thank you Obama.

[AlienTruth]

I hope Obama is the President who tells the world about extraterrestrial life. He seems to be interested in space at times. Once the truth comes out, everything will change and society will have a new direction. I hate the thought of someone like Bush having the opportunity to tell the world about life on other planets. He wouldn't deserve such an honor. I'd hate for another country to be the first to bring about evidence of alien life too. I'd like to hear it from a US biologist or President.

[imlulu216]

Way to go President Obama! These people should be held accountable and I especially like the part about if they have the money to give these hefty bonuses then they should have the money to pay us back.

[maskedphrogg]

@imlulu216

And a few of them have, already paid back according to the terms of the loans received.

This will turn into yet another scam, have no doubt.

The banking system as a whole, and individual banks over time, create money out of ledger entries. They create money out of nothing, literally.

How does one collect from an entity that has that kind of monetary authority and power?

This is all fuss and bluster.

[underbird]

Outrageous!

the Federal government caused this crisis and now they blame us? Further we have to pay a fee because of their screw-up? That fee comes out of our pockets dammit! It will then be recklessly spent by an out of control government. To hell with that. Not any more. Its time to cut the federal government. That is the only way to stabilize this. November 2nd is coming!

[earvase]

He is getting mad we need that.

[Jhontuch]

The stability of American economy is a stability in the world economy.

The stability of the United States is an indispensable matter for the global peace.

[groundhog2008]

Obama cannot get all the money back from financials unless He raises the capital gains tax!! The dow is way up! Why, huge profits on wall street, made on the backs of the taxpayers! If Obama would add a fee, or capital gains tax on investments, then he can then pass give this money back to pay for unemployment benefits, and stimulate the economy from the bottom up!!!! Another approach would be to go ahead and tax all 401K accounts now. Dont wait until years down the road, at age 72!!

[AJAX556]

Do you send more money to the IRS than is required?

If not I suggest you start sending them YOUR money and stop advocating stealing from ME!!

[ginodelia]

I do no understand why the banks have not been brought up on charges of fruad against the American people. They should be charged restitution for the full amount of the losses they cost us. Please, Mr. President, hold true to your resolution on recouping all, yes all, the money that they cost us and the financial ruiun they are responsible for.

[GeminiAzules]

How about charging a fee to the companies who were profitable, but used the economic crisis as an excuse to reduce benefits and refuse to provide pay increases?

[Thejbirdy]

@GeminiAzules

Absolutely!

Well put.

[asianwannabeamerican]

How do the taxpayers get compensated anyway? It's not like these companies start mailing out checks to each individual home. I don't know anything about economics or financing, so could somebody explain that?

[verstwo2]

It goes back into the tax pool, to be used for other government programs, pay down the debt, etc.  Taxpayers get compensated by having the money returned to the public purse....not the private purse.

[asianwannabeamerican]

@verstwo2 Thanks. That makes sense.

[f1nK3L90]

i believe the reason that those banks are allowed to pay their employees exorbitant bonuses is because they are no longer beholden to kenneth feinberg's limits on bonuses, as his job title, pay czar, suggests. the reason for that is that they paid their loans back a couple months before the end of the year. is that true?

[GeminiAzules]

Not that I'm against getting our money back, but this seems a bit illegal to charge a fee like this.

Whats next?

Charging individual citizens a fee to offset the expense of the carbon footprint each person breathes out every year?

[verstwo2]

That's ridiculous. There is nothing illegal about this. It's like saying "I'm not against firefighters but what's next ?- firefighters come an spray my house with water if my cat gets stuck in a tree?". It makes NO sense.

[GeminiAzules]

if its not illegal, then why does he have to sign it into law?

[f1nK3L90]

there should be a law.

[GeminiAzules]

Make sure it says they cant pass that fee on to the customers.

[rl0u8888]

Get Larry Summers out off of the TV next time. He deserves to be fired.

[sumayahrose]

no more welfare for rich losers who abuse and exploit the ordinary man!

[scratchingcat]

Great idea!!!!

[peaceluvnwar]

obama it is your parties' fault that those banks were gonna fail because of TARP. lazy people do not deserve housing loans just because they are a minority of some sort. look at what you have done to our country with your entitlement programs! only one in six Americans is WORKING! if you raise any more taxes youre gonna doom us to hell n I hope you pay for it in HELL!

[isaactrio]

lol only one in six americans are working were the hell do you get that average?

[hpcompaqpresariov500]

Obama :D

[TomThumbsFables]

Too many are still profiting from the collapse. Why not just raise the Capital Gains tax!!!! It has got to the point where the only people in America that is trustworthy is President Obama and Congress. We all love you President Obama!

[DojoNDude]

Good Idea! Why not both. This way the banks are being held responsible for their reckless and even fraudulent practices. Good for Obama. Thank you Mr. Obama, I owe you some phone calls:D

[groundhog2008]

Our government needs to take control of the entire financial industry. Then dole out the money to their citizens as they see fit. Our government needs to oversee everything these banking people do. Please, Obama, do the right thing and take care of all your people, not just the rich!!!!

[AJAX556]

@groundhog2008 Absolutely!!!! We should all send 100% of the money we make directly to them and let the government decide how much we are allowed to spend!!

( That's a joke btw........and I hope you were joking too......if not you're a F'n idiot!)

[305pride]

is he talking about communism?

[MacPr0xnxx0]

Corporations and banks run the country

[SteveXnycperformance]

guess who is the biggest banker?. the cooperation only submit to the banker cause it offer them huge mark-ups and profit. YOU CAN BANK ON COOPERATION...LOL.

[TheRealCates]

"We want our money back, and we're going to get it". Awesome, way to go Obama!

[AJAX556]

@TheRealCates

And the money given to GM/Chrysler?

Is Obama going to steal....errr I mean tax them too?

[TheRealCates]

That depends...if they've been responsible with it and they're still "in the red" then probably not. These businesses should have known they weren't going to get something for nothing...I just didn't expect them to have to pay it back.

[AJAX556]

I don't think you understand how colossally bad this is.

-------

Ask yourself this; Why isn't Obama demanding Fannie and Freddie pay back all the money that has been given to them?

And why was the $400B cap on F&F lifted at the end of last year?

[groundhog2008]

I wish President Obama would answer me this, why are you afraid to raise the capital gains tax?? It would help fund healthcare reform!! Take care of the poor, and above all, help in our efforts to rebuild Haiti!!

[Intervene]

Obama why are you so quick to react to the Haiti crisis, yet do nothing about the suffering of the Palestinians and instead build a steel wall 18 metres deep, Egyptian side to stop any food and medicine being transported through?

[groundhog2008]

Intervene : The jews in this country wont allow Obama to help the Palestinians, and would withdraw the money.

[Intervene]

LOL, that's what corporate media leads you to believe. And Iran has nuclear weapons too right? LOL

[asianwannabeamerican]

@Intervene because Haiti isn't supported by terrorist groups and there's little risk of suicide bombers and people in Palestine might see our aid as some sort of trick even though it's not. however you have a very valid argument.

[tubble6]

1st