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    Senator Elizabeth Warren (D) MA to re-attempt Glass Stegall

    1) Which is what I was said. I don't see how GS being in place would have prevented the crash, unless you are telling me that these mortgage backed derivatives wouldn't have been created and the RE market wouldn't have gone on it's run.. i don't see how GS would have prevented either. 2)...
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    Senator Elizabeth Warren (D) MA to re-attempt Glass Stegall

    Ok, i don't have a huge problem with it, and don't really know shit about how it actually works. There are agencies on the other hand that are complete wastes of money. The SEC is one of them, they are fucking useless and don't prevent anything, it is nothing more than a waste of 1B...
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    Senator Elizabeth Warren (D) MA to re-attempt Glass Stegall

    Honestly, I don't think so. They can't inspect everything and every now and then we get recalls on certain food products. Would that number go up if there were no inspections, probably, but like tsing just pointed out, the company will suffer. It is not in the best interest of a food company...
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    Senator Elizabeth Warren (D) MA to re-attempt Glass Stegall

    yeah it's a meme, just go ahead and point out how the crash wouldn't have happened had GS still been in place. And when you say it's an attempt by the financial industry to get back to business as usual, that might be true, but in my eyes they shouldn't exist right now. I have a huge problem...
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    Senator Elizabeth Warren (D) MA to re-attempt Glass Stegall

    It doesn't break down for me. Individuals are free to make their own decisions and are responsible for the decisions they make. That some aren't, or seem like they aren't, doesn't mean the rest of us have to sacrifice our liberties for them. If you make a mistake, YOU deal with the...
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    "Battlefield: Main Street"

    A good example, but organized crime wasn't organized against the govt, it is simply criminal enterprise that is already in violation of existing law. Yes the federal government as well as the States have the authority to enforce their laws. But that doesn't mean the govt gets to break the law...
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    Senator Elizabeth Warren (D) MA to re-attempt Glass Stegall

    Don't insure deposits and force depositors to spread their assets around.
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    "Battlefield: Main Street"

    ha, it is, but it's better than nothing. Think about this, the rule of law which is supposed to prevent these types of unwanted actions by our govt, also is supposed to prevent the government from doing what it is that you want them to do. Which is why I said yesterday, that what you want...
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    "Battlefield: Main Street"

    Agreed. We were just talking about this the other day, and I'm glad you posted some criticism of obama ricter, it sets you apart from the other lefties on the board, and more importantly, (to me anyway) i agree with it.
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    Senator Elizabeth Warren (D) MA to re-attempt Glass Stegall

    I kind of agree with him. While the repeal of GS certainly played a part, the collapse would have happened anyway. LEH, BSC, MER, GS, AIG, FNM, FRE, the automakers, the other insurers etc, none of these organizations were primarily, or even involved with commercial banking to my knowledge, yes...
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    Obama administration is an abject failure?

    except that isn't what it means, that is what you imagine it to mean cause you're all fucked up. It says 'encouraging traditional family values' surely even your can understand that family is important. A traditional family is a mother father and their own children, I think it is very fucking...
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    Trayvon Martin Star Witness Caught in her own LIE!

    It isn't. We don't decide the issues, we elect representatives to, therefore we are not a 'pure' democracy, but a republic. And the offices we elect them to serve in are limited in authority, by law. My point was you aren't going to get what you want simply because your guy got elected, which...
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    Black Teenagers Pour Gas on White Boy,Set him on Fire

    Who the fuck cares what mexicans hate? And if you mean mexicans in America, then they are Americans, or illegal immigrants.. in which case who the fuck cares what they hate?
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    Obama administration is an abject failure?

    I know what you're saying but imo, if it comes to war this country won't survive.. although I do agree that we are headed in that direction. The best thing we can do, again in my opinion, is take a more active role in govt, and stop supporting the establishment. Both sides are proven failures...
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    Black Teenagers Pour Gas on White Boy,Set him on Fire

    not that this is funny but yeah the last name. :D
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    Obama administration is an abject failure?

    1) Seriously? 2) Who cares what you think about this imaginary code bullshit. Stop listening to the voices in your head.
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    Obama administration is an abject failure?

    And you can note that I didn't simply say it has to be smaller. I said it should be limited by the foundational laws of the nation, which can be altered. ATM it is not limited and illegitimate. Just because our competition does something, doesn't mean they are doing it right, and does not in...
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    Obama administration is an abject failure?

    I think this is our most fundamental disagreement. I say the federal govt, specifically, must be limited to it's Constitutional boundaries. You say that it must 'rightsized' which I assume means it must expand/contract subjectively according to circumstance. Correct?
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    Obama administration is an abject failure?

    I agree that some are vague, but at face value what is it that you disagree with? Also, none of them are alien or newly introduced principles/concepts in the US, so how is it they are radical? Here is an example of radical, a federal program that allows bureaucrats to spy on US citizens. A...
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    Trayvon Martin Star Witness Caught in her own LIE!

    Assuming you are referring to the Presidential election, that is part of the structure of our Republic. It doesn't make us a democracy, as we aren't crowning a king who can do whatever he wants, his authority is limited by the Constitution.
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