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Financial Reform Bill is Filled with Loopholes

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Uploaded by on Dec 11, 2009

  • likes, 16 dislikes

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  • What we need to go back to is a little further than what you suggested .. 1930s. The bankers are evil .. and the Fed is a collection of that evil and greedy filth. They have the strings of market sentiment and every once so often use it to crash the market and buy the economy for cents on the dollar. Who do you think benefits every time there is a crash in the market? Who is purchasing failed banks with their assets? They are like a black hole that sucks in everything.

  • Ban hedge funds, ban Collateral Debt Obligations, ban Credit Default Swaps, impose a 1% Tobin tax or wall street sales tax on high frequency tradings, and maybe restore the Glass-Steagall firewall that separates commercial banks from investment banks.

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  • @Zickefoose What?!?When was this country amazing?Before civil liberties?Before workers rights?Before womens sufferage?Before abolishinists ended slavery?When?Never, its a mythical time you speak of that never really existed.And pray all you want your imaginary friend doesn't impact reality.We need a new social structure that removes the corruption and dominance all together.Right now we are an immature UNSUSTAINABLE petty childish society and always have been.

  • @Zickefoose Yes, back when we had Dick Cheney and George Bush to look up to.

    Such great CHristian men of god.

  • what are all those things in your ears?

  • AHAHAHA! The SAME people that you Liberals love are the SAME exact ones you hate! They have been successful at destroying America from within. You know, this country used to be amazing... yeah... back when almost everyone believe in god. Everyone stops believing and they take god out of everything and now look where we are going. People, we MUST pray for this country... We still have a chance, just believe in god.. thats all we have to do and things will be marvelous again!

  • Why not simply tell the banks that they are on their own, you mess up, your on your own buddy. Wouldn't that be much more simple?

  • the 1 world govt wsj-foxnews-rushie ECONOMIC FREEFALL neocons is the obstruction politico of NO ... the murdoch family (bod & largest shareholder) are mostly foreigners & rupert's wife's born in chicom Xuzhou ... meocons CAN'T HANDLE THE TRUTH so they lie ... take financial reform ... it is needed very badly ... but the meocons are fighting it all the way ... you need major govt regulations on our financial industry ... laissez faire failed again like in 1929 .. join the fox news sponsor boycott

  • If you are willing to set aside one time, your allegiance to Obama and question his motives with a little suspicion you may just find that he is just a politician. Political motivation may even be overshadowed by nefarious intent. I'm disgusted by the GOP as well, however right now they may actually have the country's best interest at heart in blocking this bill in its current form! Question everything from either side.

  • @AgnesBojaxhiu2000 You'er right! The GOP did accept campain contributions from wall st. The Dems collected 10 times that amount from the 70% registered Dem Wall St. CEOs. As far as the GOP/Wall St. fat cat connection a little actual research is required on your account. Look at Obama's finacial advisory team. At least 1/2 are former Goldman Sachs CEOs and lobbyists and I haven't even finished investigating! Fact..check it out!

  • the 1 world govt wsj-foxnews-rushie ECONOMIC FREEFALL neocons is the obstruction politico of NO ... the murdoch family (bod & largest shareholder) are mostly foreigners & rupert's wife's born in chicom Xuzhou ... meocons CAN'T HANDLE THE TRUTH so they lie ... take financial reform ... the tea party & gop will block it because they received cash support from wall street ... but we need regulation on derivatives ... the gop uses derivatives to crash the economy .. join the fox news sponsor boycott

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