Obama Moves Up Another Notch in My Book

#2
#2
same guy who is going to mandate that every federal vehicle is green. give $5 to you, take $20 back.
 
#3
#3
I'll believe it when I see it. Obama's policies will be a major net increase in business regulation.
 
#4
#4
A very bad move with a lot of historical precedents. I'll have a look at the plan, but it should be fairly obvious we need a lot more regulation, especially of the financial sector.

Sounds like he's trying to take away Republican talking points. I don't think there is much in it. If he is serious, on the surface, it is a very, very bad move.
 
#11
#11
utgibbs said:
A very bad move with a lot of historical precedents. I'll have a look at the plan, but it should be fairly obvious we need a lot more regulation, especially of the financial sector.

Sounds like he's trying to take away Republican talking points. I don't think there is much in it. If he is serious, on the surface, it is a very, very bad move.
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you are truly ignorant, when it comes to politics or economics. you need stick with video games.
 
#20
#20
lawgator1 said:
No notch for Bin Laden?
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President Obama deserves as much credit for killing OBL as the weatherman when it rains to end a drought.

You might've been there when it happened, you might have told others about it beforehand, but that doesn't mean that you deserve credit for it.
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#22
#22
Tenacious D said:
President Obama deserves as much credit for killing OBL as the weatherman when it rains to end a drought.

You might've been there when it happened, you might have told others about it beforehand, but that doesn't mean that you deserve credit for it.
Posted via VolNation Mobile
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notsureifserious.jpeg
 
#24
#24
VolsNSkinsFan said:
Why would I waste my time posting BS. I work in the Financial sector and I want to hear from an outsider what/where we need more regulation
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Even Adam Smith realized the financial sector wasn't a true market. He realized, without using the academic terms, it was prone to irrational-rationality.

Anyway, to your point:

1. Restore Glass-Steagal in full

2. Control unproductive speculation with super-taxes

3. Limit managerial pay and incentives to be commensurate with some multiplier against the lowest paid employee. In fact, we might need to get rid of the option packages all together for remuneration (not limited to your sector)

Three to get the ball rolling. However, as we continue to see with QE2, the entire system is straining against the limits of its superstructure. The list above are "bourgeois bandaids" to a system that is reaching the limits of its ability to "revolutionize" the means of its own production.

The entire industry actually needs a good looking top to bottom, but I am talking revolutionary politics there, probably beyond the scope of your question. I mean, really at the heart of Saint Simon's valorization of the banking clan altogether.
 
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