A Fed Governor Wants Tougher Rules

Jul 26, 2012 | Posted by: roboblogger | Full story: The New York Times

Simon Johnson is the Ronald A. Kurtz Professor of Entrepreneurship at the M.I.T. Sloan School of Management and co-author of " White House Burning: The Founding Fathers, Our National Debt, and Why It Matters to You ." A powerful new voice for financial reform emerged this week - Sarah Bloom Raskin, a governor of the Federal Reserve System.

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Curtis Lowe

Cibolo, TX

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#1
Jul 26, 2012
 

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"You didn't build that." - Barack Obama

Where's Vera Baker?
Sheik Yerbouti

Pennington, NJ

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#2
Jul 26, 2012
 

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There will be no reform of the financial system until people elect representatives that are not beholden to the interests of banks and corporations. Sadly both presidential candidates are controlled by these same interests and could care less about any reforms.

Since: Nov 08

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#3
Jul 26, 2012
 

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Liberals are falling in droves. Once 61% voter engaged has dropped to 38%. Basically showing why Obama is producing these ads of lies and distortions......a shipwreck in the making.

Both Gallup and Rasmussen have Romney now ahead while NBC still is trying to manufacture polls by over sampling liberals by 11% to try and keep what little is left..........leaning left.

Obama still in Deflection mode over his lame comment that businesses aren't built by their owners....
Gravediggers

United States

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#5
Jul 26, 2012
 

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Close race with popular vote BUT it's the ELECTORAL STATE VOTES that will matter.

Romney needs FL!

NO to Owebama!
NO in NOvember

Since: Feb 07

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#6
Jul 26, 2012
 

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The Fed may see handwriting on the wall. The market has a challenge, it can grow up or get the 'beat down.'

“Old 16th Graveyard hole”

Since: Nov 11

Philadelphia, PA

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#7
Jul 26, 2012
 

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Le Jimbo wrote:
Liberals are falling in droves. Once 61% voter engaged has dropped to 38%. Basically showing why Obama is producing these ads of lies and distortions......a shipwreck in the making.
Both Gallup and Rasmussen have Romney now ahead while NBC still is trying to manufacture polls by over sampling liberals by 11% to try and keep what little is left..........leaning left.
Obama still in Deflection mode over his lame comment that businesses aren't built by their owners....
Exactly! The polls we are seeing are unrealistic. In all areas Romney is seen as better yet Obama is still ahead? Really? I just saw that of INTERESTED voters Romney has a double digit lead, 53% to 40 some percent for Obama. Now that makes sense. GDP around 0% and unemployment still at 8.2%(Obama count that is) and in reality closer to 15% there is just no way that the majority of the people want 4 more years of no growth and the constant whine/plea by Obama to RAISE SOME TAXES, ANY TAXES. It's amazing, the poor soul seems desperate to just RAISE TAXES like that will solve anything. Raise them on the so called "Rich" who make more than $200,000 a year and it will run the government for about a week at the pace of spending Obama has on track. Whoopie! One whole week. Obama has had about 4 years of on the job learning and he still can't get the job done. I always said that President of the US was NOT an entry level job.
rain man

Hemel Hempstead, UK

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#8
Jul 26, 2012
 
the fed has'nt got any rules they make the up on the day!
rain man

Hemel Hempstead, UK

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#9
Jul 26, 2012
 
in the words of Billy Bunter' alias mervyn' What an absolute shower! Oh Crikey' fellers iam i in for another 'roasting' old boys!'Dennis the Mennis' could do better than these lot' lets vote for the BEANO BOYS' & Rasher the Pig'

Since: Feb 07

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#10
Jul 26, 2012
 

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rain man wrote:
the fed has'nt got any rules they make the up on the day!
And like the WH claim Executive Privilege.
Cat74

Westmont, IL

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#15
Jul 27, 2012
 

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Romney wins Florida with the Jewish vote. Signing that little paper this moring is not enough to save the Jewish vote when Romney is on his way to Israel, and Obama never went there one time.

Since: Nov 08

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#16
Jul 27, 2012
 
ECONOMIC STALL FEARED
GROWTH SLOWS. Economy grows at only 1.5%........tanking again. Itís the Obama way.
Le trou de balle

AOL

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#17
Jul 27, 2012
 
We don't elect the Fed so we need to corral that MF who is perturbing the economy and the Dollar to favor the multinational, the big/large, and the rich!
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Stop the jew domination of our financial system and economy!!!!
Le trou de balle

AOL

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#18
Jul 27, 2012
 
Le Jimbo wrote:
ECONOMIC STALL FEARED
GROWTH SLOWS. Economy grows at only 1.5%........tanking again. Itís the Obama way.
So the financial collapse of Europe and the slow down in China and India given that the barrel of oil (WTI) is less than $100/barrel, and you tell me that Obama is causing the private sector to sit on two trillion dollars and no hire anyone?
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Why don't you blame the Congress for the fiscal and taxes cliff? We have already given the rich a tax break and that did not translate into jobs (instead they sent those jobs abroad and they are bringing foreign labor with more HB1 visas from Asia).
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Go climb a pole and sleeve it through your descending colon!

Since: Nov 08

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#20
Jul 27, 2012
 
Anybody from the FED ought to STFU.
a christian

Plymouth, UK

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#21
Jul 27, 2012
 
Greed is the Seed of the Weed of Destruction' Factus' Notus' Incredulace' Ammadiao'
Le trou de balle

AOL

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#22
Jul 27, 2012
 
a christian wrote:
Greed is the Seed of the Weed of Destruction' Factus' Notus' Incredulace' Ammadiao'
I second the above comment!

Since: Nov 08

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#23
Jul 27, 2012
 
Le trou de balle wrote:
<quoted text>
So the financial collapse of Europe and the slow down in China and India given that the barrel of oil (WTI) is less than $100/barrel, and you tell me that Obama is causing the private sector to sit on two trillion dollars and no hire anyone?
.
Why don't you blame the Congress for the fiscal and taxes cliff? We have already given the rich a tax break and that did not translate into jobs (instead they sent those jobs abroad and they are bringing foreign labor with more HB1 visas from Asia).
.
Go climb a pole and sleeve it through your descending colon!
Son there are multiple reasons that cause our economy not to grow. Obama's unwillingness to promote drilling on government land, and the gulf. Obama's 17500 regulations that stifle and stop business growth, The feds giving banks 0% rates on money so they don't have to invest. Creating boondoggle bills like Obama Care woth 21 new taxes during a double dip recession and then the inflation due to the stupid ethenol farce that cost $1.25 for a dollar of gas.
John

Toronto, Canada

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#26
Apr 2, 2013
 

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