Treasury Secretary Geithner Makes The Case For Financial Reform: “This Is A Just War”

Financial reform is a war? If there was any doubt of the attitude these people take toward our country and what makes it go, it is gone now.

“We are still living with the same financial system that brought us to the edge of collapse, and the success of the crisis response, without financial reform, will make future crises more likely,” Geithner told the American Enterprise Institute, a conservative think-tank in Washington.
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Exactly. This is a very important point, and we need to move on this.
Dr. Elizabeth Warren: “Dr. Warren:
Since bringing our economy to the brink of collapse, Wall Street has spent more than a year and hundreds of millions of dollars in an all-out effort to block financial reform. Despite the banks’ ferocious lobbying for business as usual, Chairman Dodd took an important step today by advancing new laws to prevent the next crisis. We’re now heading toward a series of votes in which the choice will be clear: families or banks.”

I’m reminded of Claude Raines.
Tim ‘Captain Renault’ Geithner is “shocked, shocked to find out that gambling is going on here!”

progressive mama wrote: “We’re now heading toward a series of votes in which the choice will be clear: families or banks.”
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Not the real choice…. the choice is between COMMUNISTS or CAPITALISTS. And we know which side this administration of radicals has decided on.

tierra wrote: “It’s extremists like you “with hysterical accusations and pseudo-information, overheated talk” former Bush speech writer David Frum points out are destroying the Republican party.”
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Yawn.. hysterical? Its you who fling the monkey-poo whenever someone speaks the truth about your vaunted party leaders. Dodd should be in jail instead of proposing ANY type legislation.

tierra wrote:”hysterical accusation of Communism in the White House, etc . ..”
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No communism in the White House? You really stand by that HYSTERICAL statement? oBama said to judge him by the company he keeps. Know any true American patriots in the White House?
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“Destroying the Republican party and their chance for any influence on American politics.”
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Sorry that you are losing sleep worrying about the Republican party’s chances in the future. Lets talk again in November.

I think the take-away from this recent parliamentarian debacle is that Obama is, somewhat, distanced from his natural, radical inclinations and mentoring. He seems, by this latest nationalization scheme, to be more of the Fabian School- which, I admit, is somewhat contrary to his mentors, upbringing, and previous statements. This might, indeed likely, to have been a result of Hillary or Soros’s influence since the previous radicalism is gone and a more incremental dismantling is at hand (Fabian school ideology instead of his various likely schooling/readings of the day: Mao, Frank Marshall Davis, Alinsky, Nasser, Trotsky, etc).
Yes, this Obamacare was a big step but considering it isn’t TOTAL single-payer- and that Obama essentially had insurance companies write the bill- lends itself to this admittedly amateur and brief analysis.
Ideally, those who recognize the nefarious machinations of incremental socialsim of the Fabian bent, in both Democratic and Republican Parties, can see that Obama, whilst raised, mentored, and worshipped in more radical circles seems to have moved into a more nuanced bent. More dangerous because, like a snake in the grass, it creeps up on you!

tierra wrote: “Now Congress has actually done something and passed a new plan. This could counter these existing perceptions.”
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Yeah, now add a new word “tyrannical” to the disfunctional and inept.
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“Congressional job approval could grow.”
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Once people find out more details about the bribing and out-right lies going on about exactly what is in this bill, the swirling sound will increase until we flush their worthless butts in November. The news media is going to be busy for the next several months providing some distractions so people don’t hear about what is in this bill.
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“Democrats could gain some positioning.”
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Only in the minds of radicals. Haven’t found any signs of communists in the White House yet?

So .. if we regulate the health insurance industry.. when should we overhaul that regulatory system.. before of after they bankrupt the world economic system?

“The Pew Research Center recently asked Americans what word came to mind first when respondents heard the word ‘Congress.’ The most frequent response was ‘dysfunctional.’ Another frequently mentioned word was ‘inept.’
Now Congress has actually done something and passed a new plan. This could counter these existing perceptions.” – tierra
Unbelievable tierra!
Please, put the script and talking points down and give yourself some time to think.
What Congress has passed is inept and dysfunctional!
Hello!!!
They were given a problem to solve, Health Care, and came up with something that makes the problem worse.
Their action doesn’t counter the perceptions, it solidifies them.
I can easily think up better market based solutions that would actually work.
Solutions that wouldn’t cost the American People an arm and a leg.
It isn’t difficult once you get past politics and party ideology.
This Congress failed miserably.
They should have voted down the bill and started from scratch.

tierra wrote: ” the White House is full of COMMUNISTS, muslims, America haters, foreigners, terrorists, Kenyans, racists, woman haters, child abusers, thugs . .. and so on”
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You’re pretty good…. you picked up some that even I had missed. Anybody there that has owned an actual business and had to make a payroll and deal with these oppressive government regulations? Anybody there that at least has some private business experience (beside sitting on the board of Freddie Mac while they scam the American taxpayer for BILLIONS)? Anybody
that might be considered a true American PATRIOT to stand up to the utter CORRUPTION coming from this administration? Anybody that at least knows how to spell GRAVITAS? ANYBODY?