When sanity rears its head in the party of (R)

[Krisken]

Well lookey that, a Republican getting my respect.

The directors of the Federal Reserve regional banks are selected by the very banks that the Fed is supposed to regulate. It's a bizarre entanglement of interests that helps explain the poor state of regulatory affairs on Wall Street.
And it's something that Richard Shelby -- the highest-ranking Republican on the Senate Banking Committee -- wants to change.
\"It's an obvious conflict of interest. It reaches back to the 1913 act\" that created the Fed, Shelby told HuffPost. \"It's basically a case where the banks are choosing or having a big voice in choosing their regulator. It's unheard of. That is not widely known to the American people. It will be.\"

Fucking A. 90 years overdue if you ask me.

Read more at: http://www.huffingtonpost.com/2009/10/22/gop-sen-shelby-reorganize_n_330063.html


Edit: Weird, added the link a second time on me. Ah well.
​

 

[GasBandit]

Sounds like a good plan to me. The government's role should be to ensure competition. The competitors themselves should not be the ones put in charge of the henhouse, to half-mix a metaphor.

 

[Dave]

Geithner's panties are getting into a twist over this. Boo hoo.

 

[GasBandit]

Geithner's panties are getting into a twist over this. Boo hoo.

Geithner should be in jail, not in Washington. Plus, a great number of his staff seem to be freshly picked from Goldman Sachs... :shrug:

 

[DarkAudit]

Geithner's panties are getting into a twist over this. Boo hoo.

Geithner should be in jail, not in Washington. Plus, a great number of his staff seem to be freshly picked from Goldman Sachs... :shrug:[/QUOTE]

Nothing new there. Goldman Sachs has managed to place it's people in positions of power in government for nigh these 80 years or so.

Republican, Democrat, no matter. As long as the folks writing the financial laws were Sachs alums, that's what mattered.

 

[SpecialKO]

My God, is this something we can all actually agree is a good idea?

 

[Armadillo]

Pert' much.

 

[crono1224]

I am sure someone will find no problem with this, and even in congress where the anti rape law thing saw 30 nay votes this may have a problem passing too.

 

[Bowielee]

Geithner's panties are getting into a twist over this. Boo hoo.

Geithner should be in jail, not in Washington. Plus, a great number of his staff seem to be freshly picked from Goldman Sachs... :shrug:[/QUOTE]


Mark the freakin calendar. You just agreed with Michael Moore.

This whole issue was one of the main thrusts of Capitalism: A Love Story.

 

[strawman]

My God, is this something we can all actually agree is a good idea?

You all should be jailed for even thinking such a thing!

Who has more expertise in this field than the people actually working in it?

Why would we want some two bit regulator in there to hamper capitalism when these people - who actually know what's going on - will consult practically for free!

You guys seriously have no clue. What a bunch of liberal pinko commie authoritarian marxist fascist iconophobic insulating preformed yahoos.

-Adam

 

[Armadillo]

My God, is this something we can all actually agree is a good idea?

You all should be jailed for even thinking such a thing!

Who has more expertise in this field than the people actually working in it?

Why would we want some two bit regulator in there to hamper capitalism when these people - who actually know what's going on - will consult practically for free!

You guys seriously have no clue. What a bunch of liberal pinko commie authoritarian marxist fascist iconophobic insulating preformed yahoos.

-Adam[/QUOTE]

Even me? Freakin' sweet!

 

[Krisken]

My God, is this something we can all actually agree is a good idea?

You all should be jailed for even thinking such a thing!

Who has more expertise in this field than the people actually working in it?

Why would we want some two bit regulator in there to hamper capitalism when these people - who actually know what's going on - will consult practically for free!

You guys seriously have no clue. What a bunch of liberal pinko commie authoritarian marxist fascist iconophobic insulating preformed yahoos.

-Adam[/quote]

Edit: Before someone gets the wrong idea, yes, I know you're joking.

 

[SpecialKO]

My God, is this something we can all actually agree is a good idea?

You all should be jailed for even thinking such a thing!

Who has more expertise in this field than the people actually working in it?

Why would we want some two bit regulator in there to hamper capitalism when these people - who actually know what's going on - will consult practically for free!

You guys seriously have no clue. What a bunch of liberal pinko commie authoritarian marxist fascist iconophobic insulating preformed yahoos.

-Adam[/QUOTE]

Even me? Freakin' sweet![/QUOTE]

Welcome to the club, dude!

:tea:

 

[Kitty Sinatra]

Club dues are 75% of your income taxed, with a 25% healthcare surcharge on top of that.

yay socialism.

 

[bhamv3]

I agree with Steiny that we should all be thrown in jail, but for different reasons.

 

[GasBandit]

Geithner's panties are getting into a twist over this. Boo hoo.

Geithner should be in jail, not in Washington. Plus, a great number of his staff seem to be freshly picked from Goldman Sachs... :shrug:[/quote]

Nothing new there. Goldman Sachs has managed to place it's people in positions of power in government for nigh these 80 years or so.

Republican, Democrat, no matter. As long as the folks writing the financial laws were Sachs alums, that's what mattered.[/QUOTE]

You are correct, I agree with you. Was that creaking I just heard the sound of reality buckling in on itself?

Geithner's panties are getting into a twist over this. Boo hoo.

Geithner should be in jail, not in Washington. Plus, a great number of his staff seem to be freshly picked from Goldman Sachs... :shrug:[/quote]


Mark the freakin calendar. You just agreed with Michael Moore.

This whole issue was one of the main thrusts of Capitalism: A Love Story.[/QUOTE]
Even a broken clock is right twice a day.

 

[DarkAudit]

Geithner's panties are getting into a twist over this. Boo hoo.

Geithner should be in jail, not in Washington. Plus, a great number of his staff seem to be freshly picked from Goldman Sachs... :shrug:[/quote]

Nothing new there. Goldman Sachs has managed to place it's people in positions of power in government for nigh these 80 years or so.

Republican, Democrat, no matter. As long as the folks writing the financial laws were Sachs alums, that's what mattered.[/QUOTE]

You are correct, I agree with you. Was that creaking I just heard the sound of reality buckling in on itself?
[/QUOTE]

It was quite a day. I even posted in praise of John Stossel and Pat Buchanan. Although Buchanan harshly refuted one of your talking points.

 

[GasBandit]

It was quite a day. I even posted in praise of John Stossel and Pat Buchanan. Although Buchanan harshly refuted one of your talking points.

Hard as it may be for you to reconcile, I don't take direction from Pat Buchanan.. he's the very epitome of the Turbochristian.

 

[Dave]

It was quite a day. I even posted in praise of John Stossel and Pat Buchanan. Although Buchanan harshly refuted one of your talking points.

Hard as it may be for you to reconcile, I don't take direction from Pat Buchanan.. he's the very epitome of the Turbochristian.[/QUOTE]

Wasn't that a song by Judas Priest?

 

[Bubble181]

It was quite a day. I even posted in praise of John Stossel and Pat Buchanan. Although Buchanan harshly refuted one of your talking points.

Hard as it may be for you to reconcile, I don't take direction from Pat Buchanan.. he's the very epitome of the Turbochristian.[/QUOTE]

Wasn't that a song by Judas Priest?[/QUOTE]

I dunno, but I'm know imagining "The very epitome of a modern Turbochristian" in the melody of Gilbert and SUllivan's "the very model of a modern major-general", so I'm happy.

 

[Krisken]

It was quite a day. I even posted in praise of John Stossel and Pat Buchanan. Although Buchanan harshly refuted one of your talking points.

Hard as it may be for you to reconcile, I don't take direction from Pat Buchanan.. he's the very epitome of the Turbochristian.[/quote]

Wasn't that a song by Judas Priest?[/QUOTE]
This is all I could find on You Tube. Wow, that is some sloppy metal!
[ame]http://www.youtube.com/watch?v=KFDN02Rw-Rk[/ame]

 

[SpecialKO]

I thought it was a reference to a very special non-numerative sequel to Street Fighter 2?