Obama seeks remake of Fed's powers

[Scataphagos]

Obama seeks remake of "a lot of things"... he's more like the dictator Chavez than most of Amerikans realize. He's revealing it little by little, but collectively we don't see it.

It is NOT now nor has it ever been the function of the presidency to "remake the country to his own personal, egotistical desires"... He's so far being allowed this damage because (a) Democrats in the legislature are drunk with power, and (b) half of the populace is salivating like an excited dog at the prospect of the "free ice cream" he promised...

Fools all.

 

[Thunderdog]

Quote from Scataphagos:

Obama seeks remake of "a lot of things"... he's more like the dictator Chavez than most of Amerikans realize. He's revealing it little by little, but as a group we don't see it.

It is NOT now nor has it ever been the function of the presidency to "remake the country to his own personal, egotistical desires"... He's so far being allowed this damage because (a) Democrats in the legislature are drunk with power, and (b) half of the populace is salivating like an excited dog at the prospect of the "free ice cream" he promised...

Fools all.

Shouldn't you be busy conducting enhanced interrogations of Hawaii's birth record officials?

 

[zdreg]

Quote from Scataphagos:

Obama seeks remake of "a lot of things"... he's more like the dictator Chavez than most of Amerikans realize. He's revealing it little by little, but collectively we don't see it.

It is NOT now nor has it ever been the function of the presidency to "remake the country to his own personal, egotistical desires"... He's so far being allowed this damage because (a) Democrats in the legislature are drunk with power, and (b) half of the populace is salivating like an excited dog at the prospect of the "free ice cream" he promised...

Fools all.

"collectively" subconscious pun. i like that.

the goal of all communist/ fascists is to make all the people part of a collective. where your neighbor watches your activities and brings any subservience thoughts to the higher authorities.

 

[Scataphagos]

Quote from zdreg:

"collectively" subconscious pun. i like that.

the goal of all communist/ fascists is to make all the people part of a collective. where your neighbor watches your activity and brings any subservience thoughts to the higher authorities.

"Collective"... yeah, that was subconsious.

Amazing... I can be clever even when I don't realize it! (Or as my dad used to say, "don't be a smart-ass".)

In Amerika, is it true that "Resistance is futile"..??

 

[listedguru]

Here's an AP story on this:

http://news.yahoo.com/s/nm/20090615/ts_nm/us_financial_regulation_statement

It mentions proposing raising capital and liquidity requirements for all financial instituitions - I wonder what this means for small daytrading shops, etc? Are they going to fall under this umbrella and have to meet tough guidelines? They better not start jacking up the PDT requirement, etc. I don't have a problem with them regulating exotic OTC products though...

-Guru

 

[piezoe]

Quote from zdreg:

obama shaking hands with chavez is the entire picture.

You can catch more flies with honey than with vinegar.

 

[piezoe]

Quote from dewton:

sounds like the financial elites are warring against each other in an effort to root out competitors. this isn't likely to benefit anyone other than the most powerful of financial elites. consolidation of power into fewer and fewer hands.

Exactly!
Obama is an enigma to me. On the one hand he pushes an optional government medical insurance plan that would introduce stiff competition into the insurance market, which is the stance of a pure capitalist -- open competition and survival of the fittest. On the other hand he appears to be backing proposed tobacco legislation written largely by Philip Morris. Philip Morris obviously sees FDA control of Tobacco as the way to keep competition out, just as the Medical Cartel has been so successful in quashing competition by using the FDA to do their bidding. This latter proposal is part and parcel of government for and by big business, which is the established norm in the U.S., whereas the Obama position on introducing competition into the medical insurance industry is a more capitalist stance. It's a puzzle to me. (One has to recognize that many who claim to be capitalists only support free competition when it will not affect their own bottom line. As we know, a monopoly or Cartel is the most efficient way to make a lot of money.)

 

[pspr]

Quote from piezoe:

You can catch more flies with honey than with vinegar.

I agree. Obama is falling right into Chavez's honey trap.

 

[Scataphagos]

Quote from piezoe:

".. This is not capitalism, communism, nor socialism. It's government for and by big business.

It's more akin to Facism... though your use of the word "for" (if meaning "benefit to") is questionable.

 

[piezoe]

Quote from pspr:

I agree. Obama is falling right into Chavez's honey trap.

Touche' There are two way to look at this handshake, aren't there? You made me smile.