If HE is sincere he are some starting points:
1) both civil and criminal penalties for “white collar” crime and no corporate separation from directors(including usury, etc.) Scam, steal, or whatever and go to hardtime.
2) Charters for banks to be issued by States and with end-dates (upon which, maybe, due to good behavior can be extended).
3) No mixing between investment, insurance, and normal banking (forget Clinton-era changes)
4) no more bail outs
and if this is not radical enough how about:
-ending private ownership of our monetary policy
-allowing States to NOT allow certain banks to do business in their State
-allowing State banks (in contrary to the privately owned, so-called federal, reserve.)
-have US Treasury take over central Federal banking policy
-promote Credit Unions, Building Socieities, Savings and Loans, etc (with, admittedly, the remembrence of failures before….but still NOTHING like these bailouts!)
Posted by: Ed | April 14, 2010, 11:38 pm 11:38 pm
Jake- no clue what your email addy is and I’m not succumbing to twitter. Very good show with Colbert tonight and you’ve really upped your cred. Thank you.
P
Earmark spending (pork) is down 40 percent from 2006, when the Republican-controlled Congress spent a record-high $29.5 billion on earmarks.
Posted by: tierra | April 15, 2010, 2:27 am 2:27 am
While the republicans are criicizing the president for bailing out the banks and the fact of their large bonus’ .. they are fighting the sanctions to keep this from happening again. Obama wants to create a fund which they pay into with some of their profits to keep us from ever having to bail them out again and if they have nothing in this fund, they will fail. The republicans can’t have it both ways…they do not want sanctions on the banks but what is to keep them from doing the same mistakes without some form of sanctions? Also, they are the ones who removed these sanctions and look what happened…they have been bailed out but are still recording hugh bonuses so you cannot have it both ways. If we do not lay down some rules…they will never change…this is definitely not a bailout and anyone with common sense knows this….I think they may lose this battle.
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Santorum: Money Will Not Defeat Obama, Ideas Will 
Rick Santorum's Full Speech at CPAC 2012
If HE is sincere he are some starting points:
1) both civil and criminal penalties for “white collar” crime and no corporate separation from directors(including usury, etc.) Scam, steal, or whatever and go to hardtime.
2) Charters for banks to be issued by States and with end-dates (upon which, maybe, due to good behavior can be extended).
3) No mixing between investment, insurance, and normal banking (forget Clinton-era changes)
4) no more bail outs
and if this is not radical enough how about:
-ending private ownership of our monetary policy
-allowing States to NOT allow certain banks to do business in their State
-allowing State banks (in contrary to the privately owned, so-called federal, reserve.)
-have US Treasury take over central Federal banking policy
-promote Credit Unions, Building Socieities, Savings and Loans, etc (with, admittedly, the remembrence of failures before….but still NOTHING like these bailouts!)
Posted by: Ed | April 14, 2010, 11:38 pm 11:38 pm
Jake- no clue what your email addy is and I’m not succumbing to twitter. Very good show with Colbert tonight and you’ve really upped your cred. Thank you.
P
Posted by: Paddy | April 14, 2010, 11:43 pm 11:43 pm
Earmark spending (pork) is down 40 percent from 2006, when the Republican-controlled Congress spent a record-high $29.5 billion on earmarks.
Posted by: tierra | April 15, 2010, 2:27 am 2:27 am
While the republicans are criicizing the president for bailing out the banks and the fact of their large bonus’ .. they are fighting the sanctions to keep this from happening again. Obama wants to create a fund which they pay into with some of their profits to keep us from ever having to bail them out again and if they have nothing in this fund, they will fail. The republicans can’t have it both ways…they do not want sanctions on the banks but what is to keep them from doing the same mistakes without some form of sanctions? Also, they are the ones who removed these sanctions and look what happened…they have been bailed out but are still recording hugh bonuses so you cannot have it both ways. If we do not lay down some rules…they will never change…this is definitely not a bailout and anyone with common sense knows this….I think they may lose this battle.
Posted by: talmag | April 15, 2010, 3:48 pm 3:48 pm