Obama takes on Wall Street? Pt.2

[quierover123]

what they mean when say "our future?" it is theREALnews future or they are including us?

[icarusdescending88]

Hey, folks, Obama is half white. That means he's just as much a white man as he is a black man. That means that white people get credit for half of all of the great things he's going to do. . . but wait! Ooops! There aren't going to be any. We need a senate sub committee to study how we can get BO out of our house.

[icarusdescending88]

What I want to know is why Harry Belafonte, after investing so much of himself in getting Obama elected, tell Tavis Smiley on PBS that democrats and republicans would be better off in the clown was dead? Seems hostile. Has Harry lost faith? Or has he finally realized he got swindled? Guess he slipped on his own banana peel.

[mosesonice]

these guys play way too many video games....

[Paetaor]

Paul Krugman as Treasury Secretary?

Are you insane?

If it had been up to him the debt would have beem driven up another 3/4 trillion over night.

In the end it's a debt problem and it won't be solved with more debt which just leads to less investment, production and confidence.

[anolmec]

The institution that needs to be cut down in size is the federal government. It is absulute bullshit and a total distraction to focus on banks....if you could totaly eleminate "the bank" you are still stuck with A BUNCH OF MONGREL POLITICIANS. EACH AND EVERY SITTING POLITICIANS NEEDS TO BE ASSED LAUNCHED OUT OF OFFICE.

[Antiks72]

That's horse shit and you know it.

[chiefcheese08]

"Put on limitations of the size of their assets, or the size of their leverage, their borrowing to some reasonable size to say the whole gross national product." I hate to throw facts at your suggestion Mr. Epstein, but the derivatives market as of 2008 was estimated at $600 trillion. The combined GDP of the entire world for that year is $60 trillion. Money is power and the government is in the hole. They're gambling with 10x the world GDP. That statement made me literally laugh out loud.

[whturschoice]

Hope & change has turned into compromise, more compromise, even more compromise,

[sirellyn]

This guy is trying to still hold onto badly flawed fundamentals. He acknowledges bailing them out was bad but he doesn't want to let them fail.

He hates that they made bonuses out of the money that was given to them, but he still wants to give them the money if it happened again and tax it.

Is his solution to overdosing drug users to regulate the size of their needles? How about getting them to quit and actually get healthy?

[JixMa]

5*****

[rollsthepaul]

You must accept great personal pain, if you are effective in shutting down your government. No wimps allowed.

[sanyi38]

Tax revolt, anyone?

Can anyone think of a better way to bring a corrupt system to its knees?

[sircesare]

the bad thing about a tax revolt is that they have such a huge IRS system that will make everyone of the people who decide not to pay their taxes have a miserable life unless this is done by the whole population, or at least the majority, which is unlikely/

[sircesare]

8:30 that is exactly how most of the US population feels and well the main thing is that we need to reform our own Governmental system they have become a bunch of thiefs and some are loyal but for how long can fresh apples live around rotten ones? i say we need to reform our government and that is a 911 that we must face with in the next 10-15 years if we want our country to continue running the show like we have for so long.

[Antiks72]

@sircesare Problem is with "reform" the same parasites and dangerous ideas can come back.

[sircesare]

well mayb what our forefathers said is nessesary they clearly stated that when there is no other way of making our government listen to the people the only solution is an armed revolt and I am quoting this from one of the greatest man that The US has ever seen.

[Antiks72]

Fuck the founding fathers. They were elitist.

[Bravesfan4500]

And most of them were racist ,slave owners, and sexist.

[Antiks72]

Yup.

"All [white] men created equal"

[inkydinkydooky]

The founding fathers Antiks72, gave you the right to shoot off your foul mouth. I wouldn't complain.

[Antiks72]

No they didn't.

[inkydinkydooky]

If it's true what You say Antiks72, why do you live in this country? Just think of all the other countries that people live, don't have the right of freedom of speech? It's because of the Founding Fathers, this country is what it is.

[sircesare]

inky im sure Antiks lives in this country cause either he was born here or he was brought here by his family no matter the reason he lives here and if he doesn't like something about this country he is free to say what ever he might want good or bad about the country that is how we bring social awareness and that is how things are changed.

[inkydinkydooky]

Yes, he is free to say what he wants sircesare. My point is that he mocks our founding fathers and called them "Elitiist". It's the founding fathers that give him the right to curse. There are quite a few countries in this world that don't give you that right.

[Antiks72]

Most of Europe has liberal speech laws too. I live in this country because I don't have a choice. If I could I would so move the fuck out.

[sircesare]

@Antiks elitist? if so why did they care to write down a constitution that gave you me and every other man at that time the right to be happy? y did they decide to make a government machine that counted the decisions of a populous instead of making a Kingdom? i agree they had lots and lots of errors one of which was having slaves, but in the times slavery was the same as todays globalization everyone thinks that is the best way to go... so now if you do not like what they did why not change it?

[Antiks72]

The Constitution did not give anyone any "rights". Rights are given by gawd. We hold these truths to be self evident: that all men are created equal; that they are endowed by their Creator with certain inalienable rights; that among these are life, liberty, and the pursuit of happiness

The Indians weren't included in that, neither were blacks, or women. How is that not elitist? The US has always been so, and still is.

[inkydinkydooky]

Like You've read the Constitution Antiks72. Read it and you will find you are wrong.

[Antiks72]

Like it really matters what the Constitution says. GW was right: The Constitution is just a goddamned piece of paper. If nobody is willing to enforce it, then it matters for naught. Time for a real socially democratic constitution.

[inkydinkydooky]

The Constituion is what our country is founded on. It is our law. Once you stop following the law, you have bedlam. I don't understand why you have a problem with that. I would like to know where you heard what Bush said about the "Piece of paper".

[Antiks72]

Yes, yes yes. I know it's the law, but it's easily reinterpreted whenever it fits these peoples' agenda. Actually, there's no record of him saying that after further researching it online. But it is true after all that's just what it is.

[inkydinkydooky]

You're an idiot Antiks72. Just another shameless liberal that can't admit mistakes. The Constitution is not easily "reinterpreted". It's as fresh now as 250 years ago. NOW TAKE A WALK OFF OF A SHORT PIER UNTIL YOUR HAT FLOATS!

[Antiks72]

Kindly go fuck yourself, you conservative prick. Please die in a car accident.

[inkydinkydooky]

Typical rude response from a mindless liberal Antiks72. It's scary to think that Jack-asses like You actually vote.

[Antiks72]

@inkydinkydooky STFU you fascist.

[inkydinkydooky]

Try medication You hateful jerk. Fascist? You don't know the meaning of the word, just like you don't know about anything else.

[Antiks72]

Pot, Kettle.

[inkydinkydooky]

Now I know you're nuts Antiks72.

[sircesare]

@Inky you have to admit it bush and chiney passed the constitutions through their balls and stepped on it as if did not matter and what did the people do and are still doing? NOTHING so i say we have a great constitution but Antiks has a point saying that if the little piece of paper is not followed there is no reason why to have it... now i think we need to go back and defend our constitution and start by going after the crooks who have destroyed our rights in the past few years...

[inkydinkydooky]

So you are saying Obama is not dancing on The Constitution sircesare? The only thing you can discredit the Bush/Cheney administration for is The Patriot act. The wiretapping is a big question but, I ask You this: Name one person that has been harrassed by the government that has had their phone tapped. The last administration kept this country safe. Good luck with Odumbo. The "Crooks" you are talking about are Pelosi and Reid, Not Bush.

[sircesare]

i agree Obama is making some mistakes but the constitution has not been followed since the Reagan Era and yet we have not done anything to correct the damn policies the corrupt politicians have done to destroy our country there are lots of policies and laws that we need to correct and yet we are so lost at where to begin. All im saying is that we need to make a better world from here on and start by making the best decision we can NOW before its to late, but i think we might be too late...

[inkydinkydooky]

Amen sircesare. It is too late. New World Order is in place. It can't be stopped.

[kroikye]

If you don't get the printing of money out of the hands of "Federal" Reserve, all of these "sollutions" are futile. Kennedy tried this, Lincoln almost succeeded. Watch MONEY MASTERS, and your eyes will be opened.

[jsmythib]

Dont make crime illegal..tax it to fund the rest of the crooks...great..wtf

[Kioti077]

Shit obama's actions add insult to injury, what after he lavishes TRILLIONS of dollars to those bankers," he's going to be hard o them", he really thinks all the people are stupid , not only the ones that voted and support him, fucking insulting if you ask me.

[minteko]

They are betting against their own customers.

[anolmec]

"What really happened in this situation" is a bunch of self serving self righteous corrupt spawn of some faggot queen has been elected into all branches of government and allowed to exist by self serving self righteous corrupt fat ass stupid lazy citizens whose main concern is ginch, beer, and a good games of sports.

[OBAMASTINKSLIKEANAPE]

Bush got 'C's' in college, OlympDick probably failed 'lunch'

[brotherjupiter]

The Chinese must be trading their ever depreciating US $ for resource assets faster than you can say America

is corrupt absolutly beyond hope.

[ittlebite]

Instead of 'too big to fail'.....should say 'to big to be arrested'. God where are the statesmen?

[ittlebite]

as long as NO ONE is ever arrested nothing will change. Financial terrorist should be arrested. Period. Madeoff is not enough. What a joke.

[marpoq]

they need to be stopped from giving these ridiculous bonuses

[jordler]

The government did a great job in canada with the banks . In America your banks droped like flys . but here our banks are backed so none failed .

[moestietabarnak]

..and regulated

[Representative45]

Paul Krugman for Treasure Secretary 2010

[JOHNIM826]

white people propaganda we do buisness aka trade with communists that kill baby girl children and theres gonna be a change in any meaningfull policy wake up =[

[8167433]

Obama is illuminati brothers with wall street

[pongman]

Elizabeth Warren for Secretary of Treasury or Chairwoman of the Federal Reserve Bank

[realkingkado]

If you belive that anything will come of Obamas banking revolt speech you must also belive in Santa and the tooth fairy. He's just saying what the public feel but he wont DO what the public feel

[VolcanicPenguin]

@realkingkado

Agreed.

I'd like to be proved wrong tho.

[NicosNicosNicosNicos]

so who will do it?

[realkingkado]

@NicosNicosNicosNicos When people collectivly come together with a common interest which is happening everywhere thanks to the internet, thats when things will really "CHANGE". but there are alot of ignorant sheep not willing to listen because pop idol is still on, but you can make that choice of what you want in life dont let it be ditated to by adverts,tv or labels. I stoped druggies hanging around my area by presuring my local council for extra ploice patrols and even a neighbourhood scheme

[tepstolog]

mr. Lindon Larouche can do it , in the way that it should be done!!! check his Larouche PAC site for some serous info.... :))

[danielshacalis]

Your right. It has become a moment of pure theatre, leader speeches and so on.

[navtel]

it is time someone with some common sense and not their eye on a big bonus make up the rules.. wtf is wrong with this system? quit spending, quit paying taxes..

[StepUPNJ]

So that boils down to...more regulations and more big government to create them. This is so wrong. Its really very simple...if a "too big to fail"....uh, fails, then the government does NOT bail them out. They FAIL..and then everyone wins. This will not bring the whole system down. Rather, you will have a Buffet or some other entity which buys them up at fire sale prices, and everyone is way better off.

[moestietabarnak]

and 401ks destroyed..and pension fund and..ect .. you need regulation so the fund manager doesn't screw the fund owner

[HighHeadJim]

wtf?

[PsyogiBottoms]

anti-monopoly laws...yeah..uhmmmm

[KrasnayaArmada]

@PsyogiBottoms lol so true

[BNPCrusade]

More Marxist nonsense from the communist real news.

Obama works for Wall Street. Check out the film The Obama Deception

[TheJackRayner]

Interesting segment