Obama takes on Wall Street?

Epstein: Regulations announced by President Obama don't prevent "too big to fail" banks

Category:

News & Politics

Tags:

• Epstein
• Regulations
• Obama
• too big to fail
• banks
• Wall
• Street
• AIG
• Paul
• Volcker

[TTBurner]

When is the Real News Network going to interview someone from the Austrian School of Economics?

[TheRealNews]

@TTBurner Who would you like to see?

[marniespeaks]

Only fools still believe Obama

bought and sold by Goldman Sachs

he's just a better liar than Clinton and Bush

his own SOT Geithner is against his reforms

[czubspenx]

Seriously, Obama sounds like a wind up doll. Yak, yak, yak. He gave all your money to all the big financial institutuions and now he's making another campaign speech. Does anyone really believe he's looking out for the little guy?

[icarusdescending88]

What did we expect from a community organizer? A community organizer!!! That's only one step up from collecting trash, or working at McDonald's. But guess what, he didn't even do that. What's scary about BO is not him so much. Losers come and go. What's scary is the number of uninformed, ignorant, idiots that voted for the guy.

[nelson3300]

@pythag123

thats a really interesting point, I never applied the rules of socialism etc. to a global perspective. Globalism hard at work!

[sliq77]

Heard about that I think that would help us on our way to a better situation for sure.

[pythag123]

"Socialism for the rich" is basically the only type you will actually find. It's really "first world socialism" which means that in Europe and N.A. we are all bourgeoisie so the job and poverty, and therefore according to Marx the ability for popular uprising against capitalism, of the proletariat have all been transferred to the 3rd world. Example; Norway, distributes wealth stolen from the third world equally amongst its own people then turns around and passes racist immigration bills.

[bigge525]

The Repuklicans are the socialist rich. Notice how nobody talks about what the trillion dollar tax for fucks that didn't need it at all by GWB and how it contributed to the unreal federal deficit that they cry about every single day now.

Repuklicans=Hypocrites & Liars

The only thing worse then a Democrat is a Repuklican.

[Marco81MX]

@JixMa true...true..

[Representative45]

This was the most enlightening view of the economic situation I had ever seen to date. Although I do have some questions. 1st. If the Government were to use AIG as a colateral tool to create leverage against wall street, wouldn't the opposition and special interest cry 'socialism'? 2nd How can this proposal be sold to the American people without a brewing Mcarthian sentiment thats brewing in Washington and the Media? 3rd Wouldn't Goldman loose financial hegemony if we had hedgefund reform ?

[JixMa]

@Marco81MX What makes Obie dif from any other politician? Um, perhaps promises he made he was going 2 do things differently than his predecessor GWBush & change status quo. Said he was going 2 give MidClass & poor a better deal b/c they've been systematicaly been taken advantage of by rich, powerful & connected that hav rigged system 2 benefit them. Obie portrayed himself as a man that cared & would be the champion of the average guy. Has he? No. He's a traitor 2 those that believd his bullshit.

[fistylo]

the rich are chameleon