Weekly Address: Learning from History to Reform Wall Street

The President explains that while he continues to focus on jobs, it is also profoundly important to address the problems that created this economic mess in the first place. He commends the House of Representatives for passing reforms to our financial system, including a new Consumer Financial Protection Agency, and blasts Republican Leaders and financial industry lobbyists for their joint pep rally to defeat it. December 12, 2009. (Public Domain)

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News & Politics

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• Weekly Address
• President
• Barack
• Obama
• Financial
• Regulatory
• Reform
• Regulation
• Wall Street
• Banks

[Commonsenseification]

Hey ReliableInsider:-

This is one of the best comments I have read on utube , I wish all voters pay attention then decide who to vote for, rather than some radio or tv personals telling them how to vote.

[aethir86]

Hi,

I have been told that in a natural economy, such collapses would never happen. The system as we have now would instead become more and more complex, to a level where things don't just "collapse" overnight.

The crisis is all due to international bankster cartels, who are able to create them, which only they can profit from, out of sheer greed and lust for power.

Conspiracy? I'd say Yes.

Simply stated, "looking up through the ranks, human greed and stupidity look a lot like a conspiracy."

[MegaJoemen]

SUCK DICK O'FART

[David12King]

@shpilk The problem with regulations is that it makes an even less even playing field. The big corporations can manage to pay off politicians and regulators so that the regulations don't effect them -- small, starting businesses can't.

It's irresponsible to say that the economy tanked because of deregulation. Yes, it was one of many causes, but regulating more isn't the magic fix.

[melskilove]

U.S. Foreign Aid to Israel CONGRESSIONAL REASERCH SERVICE read all of the Documents this would put to rest alot of the Crap that you here on the news information is KEY READ...if not your a moron

[melskilove]

U.S. Bilateral Military Aid to Israel August 2007, the Bush Administration increase U.S. military ass, to Israel by $6B over the next decade. The agreement calls for incremental$150M annual increases in FMF to Israel, starting at $2.55B in FY2009 reaching $3.15B by 2013- 2018..the terms of the agreement, Israel willstill be able to spend 26% of U.S.ass on Israeli manufactured equipment. Accordingto former USS of State for PAF Nicholas Burns, who signed the Memorandum of Understanding on U.S.M

[melskilove]

TWCosts if FY2010 Request is Approved If the Admin request for $139 billion in war costs is enacted, cumulative appropriationsfor the Afghan and Iraq wars would reach $1.08T. As the number of troops inAfghan rises and those in Iraq falls, reflecting President O's decisions in March 2009,the share of overall costs begins to shift to Afghgan. The $1.08 trillion total includes:• $706B for Iraq 69%;• $300B for Afghan 28%;• $29B for enhanced security 3%;and $5B unallocated DOD costs1%

[melskilove]

Based on DOD estimates and budget submissions, the cumulative total for funds appropriated from the 9/11 attacks through FY2009, total funding enacted to date for DOD, State/USAID and VA for medical costs for the wars in Iraq, Afghanistan and enhanced security is $944 billion including:• $683B for Iraq $227B for Afghanistan;• $29B for enhanced security; and• $5B unallocated.

Of this total, 72% is for Iraq, 24% for Afghanistan, 3% for enhanced security and 1% unallocated. Stop crying Republicans

[melskilove]

@freakawill2000Um and what would that be..?

[vertualsurfing]

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search facebook for - 'Vote ALL the Right-Wing Republicans 'OUT OF OFFICE!'...

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[FredMcWoozy]

Quit calilng obama policies Social Liberalism, it's called Fascism, Nazism, Marxism, Communism. Obama is trying to set up a dictatorship. He believes he will be the last US Pres and the first Pharaoh of the US. Don't be a coward call it what it is. Call these people out.

These are marxists communists who hate white people. The good thing is their is only two ways out for the corrupt gov officials.

1. Arrested for treason, corruption, terrorism

or

2. Hang from the Liberty tree.

History repeats