The republicans voted against funding the troops – while we are still at war. but let’s keep it quiet here
Posted by: watching | June 18, 2009, 9:05 am 9:05 am
Most Amercians voted for a change in leadership, not a change in our form of government. Obama is going to see a lot of frogs jumping out of the pot as he quickly turns up the heat on his Big Government dreams.
Posted by: Really | June 18, 2009, 9:31 am 9:31 am
Americans.
Posted by: Really | June 18, 2009, 9:32 am 9:32 am
Indisputable?
Robert Higgs disagrees:
The idea that a government agency, or a hundred government agencies all rolled into one gigantic can of red-tape worms, can be “all seeing” in its purview of the country’s financial transactions is ludicrous. We have miles and miles of financial laws and regulations on the books now. Most of them have been in force for decades. We have thousands of lawyers, accountants, economists, and other charlatans working for dozens of government agencies at every level who are, and long have been, charged with ensuring that nobody engages in financial hanky-panky. Did anyone in this kingdom of jobbery foresee the financial debacle that reached crisis proportions late last summer? Did not all of these supposed watchdogs, instead, devote themselves to proclaiming ceaselessly for years on end that everything was hunky-dory and that they had matters well in hand. Are we supposed to believe that these people will now, inexplicably, develop an acute case of competence.
Posted by: Ordinary Sadie | June 18, 2009, 10:51 am 10:51 am
This is truly a government out of control. Start the Federal Reserve audit now.
Posted by: Huh | June 18, 2009, 10:59 am 10:59 am
P.S. Robert Higgs, Senior Fellow at the Independent Institute, is a political economist
Posted by: Ordinary Sadie | June 18, 2009, 11:05 am 11:05 am
It just came out in the Senate hearing that Geithner briefed Democrats, but no Republicans, on the proposed regulations.
Posted by: MayBee | June 18, 2009, 11:08 am 11:08 am
The CATO Institute disagrees too:
Cato scholar Mark A. Calabria finds the plan “misguided” and “ill-informed,” and argues, “The Administration’s inability to admit the failures of government regulation will only guarantee that the next failures will be even bigger than the current ones.”
Articles:
“A Fake Financial Fix,” by Mark A. Calabria
“Administration Reform Plan Misses the Mark,” by Mark A. Calabria
“The Way Forward: Incentives, Not Regulations,” by William Poole
Posted by: Ordinary Sadie | June 18, 2009, 11:44 am 11:44 am
The Federal Reserve, run by tax cheat Timmy Geithner, who has not done a single thing right yet and who helped steal the retirement and savings from GM and Chrysler bondholders, and who helped funnel hundreds of millions to euro banks via AIG, and who instead of redepositing paid back TARP money into the treasury has kept it as a kickback/payoff slush fund for himself, and who has authorized the overprinting of money to the point that massive devaluation of the dollar has frightened even foreign investors such as China and Russia, is now going to have more power.
The federal reserve HAS NO OVERSIGHT. It is an independent agency with no obligations to reveal to us what it is doing. There is nothing ….absolutely nothing…. they will not be able to do TO US, waste our taxpayer dollars on their campaign supporters, send more and more than the billions already sent overseas. Force interest rates to punish those that pay on time, pay off mortgages for those special interest groups that will vote for the guy who appoints the treasury secretary, because his job depends on it.
This portends even more massive secrecy and corruption beyond our wildest dreams. This must be stopped. There must be some separation of powers to protect us as intended in the constitution.
Giving such powers to the Fed is akin to giving it to Obama because he appoints the guy who runs it.
We have already seen him fire 2 inspectors general who found fraud in his corrupt stimulus bill.
What do you think he would do to the fed management if they didn’t play ball.
Posted by: MNM | June 18, 2009, 12:47 pm 12:47 pm
The republicans voted against funding the troops – while we are still at war. but let’s keep it quiet here
Posted by: watching | Jun 18, 2009 9:05:21 AM
————–
You bet they did, but it wasn’t about the war funding. And the reason it won’t get reported is that dems are trying to sneak in a new taxpayer screw job where they send another billion to the International Monetary Fund to bail out overseas banks, not american.
The dems also tried yet again to exposed documents and photos that would place our troops at risk.
So yeah, it will not get reported because the media does not report any of the taxpayer screw jobs the dems are so happy to pass.
Dems support overseas interests at American taxpayer expense, but please tell us when they will actually support americans instead of screwing us into debt that will last at least 3 generations and that is if there is no health care reform.
Posted by: MNM | June 18, 2009, 12:51 pm 12:51 pm
“It just came out in the Senate hearing that Geithner briefed Democrats, but no Republicans, on the proposed regulations.”
Barack Obama said that he will bring an end to partisanship and politics as usual in his administration.
Much of what he has said should be followed by the line from Willy Wonka, “Strike that! Reverse it!”
“The CATO Institute disagrees too”
The CATO institute prefers zero regulation so that the big business that funds them can rip people off without having to worry about the government.
Posted by: Ryan C | June 18, 2009, 2:43 pm 2:43 pm
Email
Obama: 'Now Is the Time For Common Sense Action' 
Romney Takes Aim at Conservatives
The republicans voted against funding the troops – while we are still at war. but let’s keep it quiet here
Posted by: watching | June 18, 2009, 9:05 am 9:05 am
Most Amercians voted for a change in leadership, not a change in our form of government. Obama is going to see a lot of frogs jumping out of the pot as he quickly turns up the heat on his Big Government dreams.
Posted by: Really | June 18, 2009, 9:31 am 9:31 am
Americans.
Posted by: Really | June 18, 2009, 9:32 am 9:32 am
Indisputable?
Robert Higgs disagrees:
The idea that a government agency, or a hundred government agencies all rolled into one gigantic can of red-tape worms, can be “all seeing” in its purview of the country’s financial transactions is ludicrous. We have miles and miles of financial laws and regulations on the books now. Most of them have been in force for decades. We have thousands of lawyers, accountants, economists, and other charlatans working for dozens of government agencies at every level who are, and long have been, charged with ensuring that nobody engages in financial hanky-panky. Did anyone in this kingdom of jobbery foresee the financial debacle that reached crisis proportions late last summer? Did not all of these supposed watchdogs, instead, devote themselves to proclaiming ceaselessly for years on end that everything was hunky-dory and that they had matters well in hand. Are we supposed to believe that these people will now, inexplicably, develop an acute case of competence.
Posted by: Ordinary Sadie | June 18, 2009, 10:51 am 10:51 am
This is truly a government out of control. Start the Federal Reserve audit now.
Posted by: Huh | June 18, 2009, 10:59 am 10:59 am
P.S. Robert Higgs, Senior Fellow at the Independent Institute, is a political economist
Posted by: Ordinary Sadie | June 18, 2009, 11:05 am 11:05 am
It just came out in the Senate hearing that Geithner briefed Democrats, but no Republicans, on the proposed regulations.
Posted by: MayBee | June 18, 2009, 11:08 am 11:08 am
The CATO Institute disagrees too:
Cato scholar Mark A. Calabria finds the plan “misguided” and “ill-informed,” and argues, “The Administration’s inability to admit the failures of government regulation will only guarantee that the next failures will be even bigger than the current ones.”
Articles:
“A Fake Financial Fix,” by Mark A. Calabria
“Administration Reform Plan Misses the Mark,” by Mark A. Calabria
“The Way Forward: Incentives, Not Regulations,” by William Poole
Posted by: Ordinary Sadie | June 18, 2009, 11:44 am 11:44 am
The Federal Reserve, run by tax cheat Timmy Geithner, who has not done a single thing right yet and who helped steal the retirement and savings from GM and Chrysler bondholders, and who helped funnel hundreds of millions to euro banks via AIG, and who instead of redepositing paid back TARP money into the treasury has kept it as a kickback/payoff slush fund for himself, and who has authorized the overprinting of money to the point that massive devaluation of the dollar has frightened even foreign investors such as China and Russia, is now going to have more power.
The federal reserve HAS NO OVERSIGHT. It is an independent agency with no obligations to reveal to us what it is doing. There is nothing ….absolutely nothing…. they will not be able to do TO US, waste our taxpayer dollars on their campaign supporters, send more and more than the billions already sent overseas. Force interest rates to punish those that pay on time, pay off mortgages for those special interest groups that will vote for the guy who appoints the treasury secretary, because his job depends on it.
This portends even more massive secrecy and corruption beyond our wildest dreams. This must be stopped. There must be some separation of powers to protect us as intended in the constitution.
Giving such powers to the Fed is akin to giving it to Obama because he appoints the guy who runs it.
We have already seen him fire 2 inspectors general who found fraud in his corrupt stimulus bill.
What do you think he would do to the fed management if they didn’t play ball.
Posted by: MNM | June 18, 2009, 12:47 pm 12:47 pm
The republicans voted against funding the troops – while we are still at war. but let’s keep it quiet here
Posted by: watching | Jun 18, 2009 9:05:21 AM
————–
You bet they did, but it wasn’t about the war funding. And the reason it won’t get reported is that dems are trying to sneak in a new taxpayer screw job where they send another billion to the International Monetary Fund to bail out overseas banks, not american.
The dems also tried yet again to exposed documents and photos that would place our troops at risk.
So yeah, it will not get reported because the media does not report any of the taxpayer screw jobs the dems are so happy to pass.
Dems support overseas interests at American taxpayer expense, but please tell us when they will actually support americans instead of screwing us into debt that will last at least 3 generations and that is if there is no health care reform.
Posted by: MNM | June 18, 2009, 12:51 pm 12:51 pm
“It just came out in the Senate hearing that Geithner briefed Democrats, but no Republicans, on the proposed regulations.”
Barack Obama said that he will bring an end to partisanship and politics as usual in his administration.
Much of what he has said should be followed by the line from Willy Wonka, “Strike that! Reverse it!”
Posted by: WhereWasThePress? | June 18, 2009, 2:25 pm 2:25 pm
“The CATO Institute disagrees too”
The CATO institute prefers zero regulation so that the big business that funds them can rip people off without having to worry about the government.
Posted by: Ryan C | June 18, 2009, 2:43 pm 2:43 pm
Oh. You have got to be kidding me.
Posted by: MayBee | June 18, 2009, 5:04 pm 5:04 pm