Obama signs sweeping Wall Street over...

Obama signs sweeping Wall Street overhaul into law

There are 10 comments on the Daily Breeze story from Jul 21, 2010, titled Obama signs sweeping Wall Street overhaul into law. In it, Daily Breeze reports that:

Reveling in victory, President Barack Obama today signed into law the most sweeping overhaul of financial regulations since the Great Depression, a package that aims to protect consumers and ensure economic stability from Main Street to Wall Street.

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regdem

Freedom, PA

#1 Jul 21, 2010
A big nail in the coffin! I wonder when the BO is going to take another page from FDR and male it illegal to hold precious metals (like gold) again?
Augustin Pierre Garnier

Pittsburgh, PA

#2 Jul 21, 2010
Dodd and Franks reforming Finance is like the having the fox build the hen house.
regdem

Freedom, PA

#3 Jul 21, 2010
Augustin Pierre Garnier wrote:
Dodd and Franks reforming Finance is like the having the fox build the hen house.
How right you are!

“Hillary, thirty years of lying”

Since: Nov 08

Paris

#4 Jul 21, 2010
regdem wrote:
A big nail in the coffin! I wonder when the BO is going to take another page from FDR and male it illegal to hold precious metals (like gold) again?
They just found a hidden gold coin tax in the health bill.

“Hillary, thirty years of lying”

Since: Nov 08

Paris

#5 Jul 21, 2010
POLL: ANY REPUBLICAN WOULD BEAT OBAMA IN '12...

Whites, Independents Deserting Obama... many blacks are too.
__________
LAURA INGRAHAM 'OBAMA DIARIES' TO DEBUT #1 NYT, BOOKSCAN, LISTS... DEVELOPING...

RACE CASE: OBAMA RECONSIDERS FIRING OF USDA OFFICIAL OVER TAPE...Will Obama reconsider letting the Black Panthers go as well, and have HOLDER charge them as it was clear they should have been.

Since: Nov 08

Location hidden

#6 Jul 21, 2010
Obama fires a perfectly good black woman.
Augustin Pierre Garnier

United States

#7 Jul 21, 2010
She may be promoted to Agriculture Secretary by 5pm. Pull over sister, you are getting a raise!!!
westside steve

Newport Beach, CA

#8 Jul 21, 2010
Its incredible that this bill was weakened by the special interests and republicans, yet they have the nerve to criticize it?

All of these financial institutions don't lend out and gamble with "thier" money, they are all backed by the US Treasury, and that means we are always going to end up picking up the tab for mistakes. It has nothing to do with free enterprise or capitalism- its legalized robbery.

Clinton made the biggest mistake of his career letting republican in congress permit casino-like betting houses like Goldman Sachs pretend to be banks and have access to our treasury. And this has yet to be undone.
Augustin Pierre Garnier

Aguanga, CA

#9 Jul 21, 2010
westside steve wrote:
Its incredible that this bill was weakened by the special interests and republicans, yet they have the nerve to criticize it?
All of these financial institutions don't lend out and gamble with "thier" money, they are all backed by the US Treasury, and that means we are always going to end up picking up the tab for mistakes. It has nothing to do with free enterprise or capitalism- its legalized robbery.
Clinton made the biggest mistake of his career letting republican in congress permit casino-like betting houses like Goldman Sachs pretend to be banks and have access to our treasury. And this has yet to be undone.
Why do you think Fannie and Freddie were not in this legislation?
westside steve

Newport Beach, CA

#10 Jul 22, 2010
Augustin Pierre Garnier wrote:
<quoted text>
Why do you think Fannie and Freddie were not in this legislation?
Absolutely! We need a two-tiered system: very strict and monitored regulations for transactions eventually covered by the US Treasury, and a second, far less regulated "free for all" unbridled capitalism system in which the treasury funds are not placed at risk. You really can have it both ways.

Also: Goldman-Sachs ran a confidence scheme on those investors, letting a guy who openly stated he needed them to set up a derivative so he could try to loot it. This was not disclosed to the suckers they sold them to. Fine, schmine, THESE PEOPLE BELONG IN FEDERAL PRISON!!! Fines mean nothing to people that wealthy, even time at a "club Fed" site scares the dookie out of them.

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