"too big to fail"
First Prev
of 2
Next Last

“"*" Always Thinking "*"”

Level 8

Since: Nov 12

Greensburg, IN

#1 Nov 16, 2013
Before we get to the serious stuff if you haven't seen these two videos
it's high time you did:
SNL on Obamacare

Obama singing "The day Obamacare died"
http://www.youtube.com/watch...

Obamacare Isn't President Obama's Only Broken Promise
By Rep. Steve Scalise

We are five years out from one of the worst financial crashes since the Great Depression. During the crash several banks were identified as "too big to fail" and Congress approved $700 billion to bail them out. Shortly after passage of the bank bailout, the Obama Administration stepped up the populist rhetoric in anticipation of an extreme power grab over the private sector.

In 2010, Washington's political class hastily put together and passed one of the most overly burdensome regulatory regimes our nation has ever seen. This bill, commonly known as Dodd-Frank, was signed into law by((( President Obama who promised, "there will be new rules to make clear that no firm is somehow protected because it is "too big to fail.")))





Predictably, that promise was broken, as the high costs of regulatory compliance have caused banks to further consolidate. Rather than reverse the trend, Dodd-Frank has enshrined the concept of "too big to fail." The President promised, "the American people will never again be asked to foot the bill for Wall Street's mistakes." Now, instead of calling banks "too big to fail" the regulators describe them as "Systemically Important Financial Institutions." Different names but the concept is the same. Taxpayers are still on the hook for billions of dollars in the event of another meltdown.

Many of the harmful effects of Dodd-Frank have been passed on to consumers and are felt way beyond Wall Street. America's rural communities depend upon community banks and credit unions. Under Dodd-Frank, these financial institutions, who had nothing to do with the financial collapse, must comply with hundreds of new rules that endanger their ability to remain in business. Furthermore, these institutions and consumers have yet to feel the full crushing weight of Dodd-Frank because less than half of the radical regulations have been implemented.

In addition, Dodd-Frank created an incredibly powerful and unaccountable agency known as the Consumer Financial Protection Bureau ("CFPB"). Politicians who rammed through Dodd-Frank created an agency that is virtually exempt from the oversight and checks and balances that normally apply to government agencies. This new agency has been collecting troubling amounts of consumer data and is currently being investigated by the Government Accountability Office for this practice.

The bill, which is over 2,500 pages, is designed to be too complex for anyone other than the Administration "experts" who wrote it to understand. The lawmakers who wrote Dodd-Frank gave heavy-handed powers to unaccountable, unelected regulators.

Americans deserve a better system. Until radical laws like Dodd-Frank are repealed and replaced with common-sense reforms that prevent future bailouts, our economic recovery will continue to be held back by Washington's regulatory overreach

Spirit67_
Level 5

Since: May 13

Location hidden

#2 Nov 16, 2013
They're not too big to fail! Shamy shamy....

“"*" Always Thinking "*"”

Level 8

Since: Nov 12

Greensburg, IN

#3 Nov 17, 2013
poop-stick perverts

“Right click Left click Yay!”

Level 7

Since: Dec 10

Nehwon

#4 Nov 17, 2013
Hoosier Hillbilly wrote:
Before we get to the serious stuff if you haven't seen these two videos
it's high time you did:
SNL on Obamacare
http://www.youtube.com/watch?v =UyKZk4YxfPwXX
Obama singing "The day Obamacare died"
http://www.youtube.com/watch...
Obamacare Isn't President Obama's Only Broken Promise
By Rep. Steve Scalise
We are five years out from one of the worst financial crashes since the Great Depression. During the crash several banks were identified as "too big to fail" and Congress approved $700 billion to bail them out. Shortly after passage of the bank bailout, the Obama Administration stepped up the populist rhetoric in anticipation of an extreme power grab over the private sector.
In 2010, Washington's political class hastily put together and passed one of the most overly burdensome regulatory regimes our nation has ever seen. This bill, commonly known as Dodd-Frank, was signed into law by((( President Obama who promised, "there will be new rules to make clear that no firm is somehow protected because it is "too big to fail.")))
Predictably, that promise was broken, as the high costs of regulatory compliance have caused banks to further consolidate. Rather than reverse the trend, Dodd-Frank has enshrined the concept of "too big to fail." The President promised, "the American people will never again be asked to foot the bill for Wall Street's mistakes." Now, instead of calling banks "too big to fail" the regulators describe them as "Systemically Important Financial Institutions." Different names but the concept is the same. Taxpayers are still on the hook for billions of dollars in the event of another meltdown.
Many of the harmful effects of Dodd-Frank have been passed on to consumers and are felt way beyond Wall Street. America's rural communities depend upon community banks and credit unions. Under Dodd-Frank, these financial institutions, who had nothing to do with the financial collapse, must comply with hundreds of new rules that endanger their ability to remain in business. Furthermore, these institutions and consumers have yet to feel the full crushing weight of Dodd-Frank because less than half of the radical regulations have been implemented.
In addition, Dodd-Frank created an incredibly powerful and unaccountable agency known as the Consumer Financial Protection Bureau ("CFPB"). Politicians who rammed through Dodd-Frank created an agency that is virtually exempt from the oversight and checks and balances that normally apply to government agencies. This new agency has been collecting troubling amounts of consumer data and is currently being investigated by the Government Accountability Office for this practice.
The bill, which is over 2,500 pages, is designed to be too complex for anyone other than the Administration "experts" who wrote it to understand. The lawmakers who wrote Dodd-Frank gave heavy-handed powers to unaccountable, unelected regulators.
Americans deserve a better system. Until radical laws like Dodd-Frank are repealed and replaced with common-sense reforms that prevent future bailouts, our economic recovery will continue to be held back by Washington's regulatory overreach
Take your politcs crap here -

http://www.topix.com/forum/us/politics

Now try to post something off the beaten path that's unusual and admusing.

“"*" Always Thinking "*"”

Level 8

Since: Nov 12

Greensburg, IN

#5 Nov 18, 2013
greymouser 'i' just can't help myself.
I spend most of my time doing what 'i' want too.
Keeping up with government and Topix are 2 of those things, so naturally they are going to mix.
You are not required to read any of them and until you become an Emperor like Obama 'i' shall continue to do what "I WANT TOO!"

PS: Level 7 does not have authority over a level 8.

Since: Jan 07

Location Shown

#6 Nov 18, 2013
A big city lawyer went duck hunting in rural Tennessee. He shot and dropped a bird, but it fell into a farmer's field on the other side of a fence. As the lawyer climbed over the fence to collect the bird, an elderly farmer drove up on his tractor and asked him what he was doing.

The lawyer replied, "I shot a duck and it fell in this field. Now I'm going in to retrieve it."

The old farmer looked the lawyer in the eyes and stated firmly, "This is my property, and you are not coming over here."

The lawyer huffed angrily, "I am one of the best trial attorneys in the country. If you don't let me get my duck, I'll sue you."

The old farmer smiled. "Apparently, you don't know how we do things in Tennessee. We settle small disagreements like this with the Tennessee Three Kick Rule."

The lawyer asked, "What's the Tennessee Three Kick Rule?"

The Farmer answered, "Well, first I kick you three times and then you kick me three times, and so on, back and forth, until someone gives up."

The attorney thought about the proposed contest and decided that he could easily take the old codger. He agreed to abide by the local custom.

The old farmer slowly climbed down from the tractor and walked up to the lawyer. His first kick to the shin had the lawyer hopping around on one foot when suddenly the farmer planted the toe of his heavy work boot into the lawyer's groin and dropped him to his knees. The attorney was flat on his belly when the farmer's third kick to a kidney nearly caused him to pass out.

The lawyer summoned every bit of his will and managed to get to his feet and said, "Okay, you old coot, now it's my turn."

The old farmer smiled and said, "Naw, I give up. You can have the duck.

“"*" Always Thinking "*"”

Level 8

Since: Nov 12

Greensburg, IN

#7 Nov 18, 2013
Gud'n Big Time, that was sent to me 2 years ago by a friend in an email.
The motto is:
Never underestimate a hillbilly's sturdiness.
HH

Since: Jan 07

Location Shown

#8 Nov 18, 2013
Everybody E-mails me Stuff all the Time,...

“We're all Bozos on this bus”

Since: Jan 07

Chicago, IL

#9 Nov 18, 2013
Hey HH, if you like your topic, you can keep your topic. Period.

“"*" Always Thinking "*"”

Level 8

Since: Nov 12

Greensburg, IN

#10 Nov 18, 2013
I get a few myself but there's this one lady I've blogged with for years that's unbelievable.
Were she finds all the 'stuff' is amazing and most of it is either funny or educational.
She has many alias: Patty, Lu Lu, Sugar,'?' lou... damn 'i' can't remember'm!
LuLu

United States

#11 Nov 18, 2013
Wow! Didn't know you liked me this much!

“Right click Left click Yay!”

Level 7

Since: Dec 10

Nehwon

#12 Nov 19, 2013
Hoosier Hillbilly wrote:
greymouser 'i' just can't help myself.
I spend most of my time doing what 'i' want too.
Keeping up with government and Topix are 2 of those things, so naturally they are going to mix.
You are not required to read any of them and until you become an Emperor like Obama 'i' shall continue to do what "I WANT TOO!"
PS: Level 7 does not have authority over a level 8.
And politics has completely taken you over.

You don't seem to be able to set politics aside for a moment to enjoy the offbeat things in life.

If you follow politics too closely, everything becomes an "outrage!" And that's exactly what the politicians want...

Look over there! Isn't that the worst thing ever? See how it's not perfect! Here's something else you need to fear!

P.S. What's with the Topix level thing? It's a participation trophy...
Anonymous

United States

#13 Nov 19, 2013
Wow! greymouser if you don't listen and get involved with politics Obama can take this country over. Do you want to live like that? Being lied at all the time. Of course HH is outraged. I hope you are also. You better get involved before its to late. The government is taking away our rights.

What I fear most in life is the government taking over this country.. Seems maybe you are looking away and helping them do it. Now that's what the government wants you to do..

“Right click Left click Yay!”

Level 7

Since: Dec 10

Nehwon

#14 Nov 20, 2013
JuneAnn wrote:
Wow! greymouser if you don't listen and get involved with politics Obama can take this country over. Do you want to live like that? Being lied at all the time. Of course HH is outraged. I hope you are also. You better get involved before its to late. The government is taking away our rights.
What I fear most in life is the government taking over this country.. Seems maybe you are looking away and helping them do it. Now that's what the government wants you to do..
And your outrage is misplaced.

The House is supposed to be -your- Representative. The Senate is supposed to look out for your state.

It's easy to point your finger at the President and say "There goes a bad man!"

But what's really happening is Congress doesn't care beyond the next election.

Your State governments have even more control over you (and blame the Feds.)

Your city/county governments have control (and blame the State).

When's the last time you heard your local news cover something from the state government?

In PA, we might hear the governor wants to sell off the lottery or liquor stores or a new casino license. Plenty of how the Philly school districts are bankrupt (even though the state has controlled it for 10+ years).

But yeah, let's just blame everything on the President.

“"*" Always Thinking "*"”

Level 8

Since: Nov 12

Greensburg, IN

#15 Nov 20, 2013
greymouser I have just 1 Question for you.
Why should anyone care what you say about anything?Just because your mouse has a wheel it doesn''t make you 1.

JuneAnn thanks for the backup.

“Right click Left click Yay!”

Level 7

Since: Dec 10

Nehwon

#16 Nov 21, 2013
Hoosier Hillbilly wrote:
greymouser I have just 1 Question for you.
Why should anyone care what you say about anything?Just because your mouse has a wheel it doesn''t make you 1.
JuneAnn thanks for the backup.
You post on a public forum. You better expect to be able to counter criticism and not take it personally.

Some of the best debates I've had IRL is with friends where we disagree and argue with each other.

Each side presents their side and -more importantly- backs up their arguments with how things are and how things should be (which only furthers the argument).

And in the end, the argument isn't resolved but each side knows where the other is coming from. And along the line we share some laughs, perhaps a beer and the next day do what we personally need to do.

Now compare that to anything political now.

Any disagreement is inflamed to worse than anything Hitler ever did.(And yeah, I Godwin-ed this thread.)

The 24 hour "news" channels have to do this to get anyone to watch for that long. Without eyes, the advertisers don't want to pay. So everything becomes the outrage of the day.

But that's just my opinion. YMMV.

Since: Jan 07

Location Shown

#17 Nov 22, 2013
Why should anyone care what you say about anything? "Just cause" your House has Wheels on it doesn''t make you #1.






Hoosier Hillbilly wrote:
greymouser I have just 1 Question for you.
Why should anyone care what you say about anything?Just because your mouse has a wheel it doesn''t make you 1.
JuneAnn thanks for the backup.

“"*" Always Thinking "*"”

Level 8

Since: Nov 12

Greensburg, IN

#18 Nov 22, 2013
'i' was just thinking... if financial markets are too big to fail and the government is the most corrupt organization ever where's that leave "US"?

Since: Jan 07

Location Shown

#19 Nov 22, 2013
“My opinions may have changed, but not the fact that I'm right.”,...











“We're all Bozos on this bus”

Since: Jan 07

Chicago, IL

#20 Nov 22, 2013
Time for a new phrase for this administration. I suggest:

"Too corrupt to tell the truth"

Tell me when this thread is updated:

Subscribe Now Add to my Tracker
First Prev
of 2
Next Last

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Weird Discussions

Title Updated Last By Comments
Words "with more than one meaning" (Sep '12) 1 min Focus on This 1,328
Denny Crain's Place (May '10) 17 min Sublime1 28,861
Why Won't Men Admit They Wear Pantyhose? (Feb '10) 20 min Angie 2.0 387
I Believe __________________ ....... (Feb '11) 31 min Suezanne 772
What song are you listening to right now? (Apr '08) 35 min Suezanne 224,389
Poll What are you thinking right now? (May '08) 37 min Sublime1 6,424
News REVEALED: The number of people who would romp w... 40 min Suezanne 11
Why Do White People Start Stuff They Can’t Fini... 3 hr Ander 56
News FAA looking after pilot drops turkeys on Arkans... 5 hr Pope Closet Emeritus 23
More from around the web