tag:blogger.com,1999:blog-4776805599159893803.post2049106765900594603..comments2023-07-30T01:08:43.318-07:00Comments on Politics Plus: Action Alert: Repo the Dough!TomCathttp://www.blogger.com/profile/11397335545286040472noreply@blogger.comBlogger28125tag:blogger.com,1999:blog-4776805599159893803.post-43349903140132557852010-01-04T13:24:15.086-08:002010-01-04T13:24:15.086-08:00Thomas, you make some excellent points. Sadly, th...Thomas, you make some excellent points. Sadly, the banksters have bought their way into both parties. Obama's appointment of Geithner and Summers and his support for Bernanke's reconfirmation are my biggest criticism of him. However, the GOP is even more bought and paid for than the Dems.TomCathttps://www.blogger.com/profile/11397335545286040472noreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-32625326155374976022010-01-03T11:43:41.022-08:002010-01-03T11:43:41.022-08:00“Thanks Thomas. Your first two and fiurth points m...“Thanks Thomas. Your first two and fiurth points make sense to me. On number three, people trading at that volume outside the confines of a self managed IRA would, in my opinion, fall into more speculative investment.”<br /><br />I dislike the speculative vs. non-speculative dichotomy. I prefer to look at investment decisions as either possessing an edge or no edge. But in keeping with the commonAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-82787041346773873602010-01-02T09:47:42.875-08:002010-01-02T09:47:42.875-08:00Thanks Thomas. Your first two and fiurth points m...Thanks Thomas. Your first two and fiurth points make sense to me. On number three, people trading at that volume outside the confines of a self managed IRA would, in my opinion, fall into more speculative investment.<br /><br />Perhaps a better solution would be to return the incom taxes of the top 5% to pre Reagan levels.TomCathttps://www.blogger.com/profile/11397335545286040472noreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-14022864535040373352010-01-02T09:01:49.478-08:002010-01-02T09:01:49.478-08:00“Welcome Thomas. Those are good ideas and I have s...“Welcome Thomas. Those are good ideas and I have suggested most of them here.”<br /><br />Thanks TomKat and Happy New Year! Thanks also for your comment on my blog. It’s good that you thought of these ideas too. These are the kinds of things that would actually make a difference because they address root causes. This is where the discussion should begin rather than on populist measures that won’tAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-46920974825109739692009-12-31T08:43:21.683-08:002009-12-31T08:43:21.683-08:00Welcome, SJ. Which of your many blogs do you call...Welcome, SJ. Which of your many blogs do you call home? Indeed! Shelby is a snake!<br /><br />Hill, bipartisanship with Repuglicans is always an even trade. They get 100% of the benefits; we get 100% of the liabilities.<br /><br />Jim, you may love cousin Fat, but he's not too popular here. That guy can fill a litter box in a mighty whoosh!<br /><br />Oso, I hope you are mistaken about TomCathttps://www.blogger.com/profile/11397335545286040472noreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-43450241778839853732009-12-31T02:04:21.314-08:002009-12-31T02:04:21.314-08:00This sounds like an excellent Idea to me, though w...<a href="http://www.huffingtonpost.com/arianna-huffington/move-your-money-a-new-yea_b_406022.html" rel="nofollow"> This sounds like an excellent Idea to me, though when I entered my zip code the closest bank that came up was 15 miles away. </a>the walking manhttps://www.blogger.com/profile/10058913927297370740noreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-14900242800922535822009-12-30T23:37:28.474-08:002009-12-30T23:37:28.474-08:00rjs wrote:
"If you’re a banker, the bill is ...rjs wrote:<br /><br />"If you’re a banker, the bill is tastier. While banks opposed the legislation, they should cheer for its passage by the full Congress in the New Year: There are huge giveaways insuring the government will again rescue banks and Wall Street if the need arises."<br /><br />I am beginning to think that the banks are opposing legislation to make the regular folks thinkKevinhttps://www.blogger.com/profile/13492761988793782893noreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-13060248128396440252009-12-30T18:28:39.252-08:002009-12-30T18:28:39.252-08:00@ TomCat: You are right about how tightly intermes...@ TomCat: You are right about how tightly intermeshed Wall Street and Main Street are. I would also agree with Wall Street needing regulation (and elections being publicly financed). However, you need *good* regulations. Taxing financial transactions on products ordinary investors use is just a pure populist move that will end up hurting Main Street. That’s an example of bad legislation that justAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-16738482805804292922009-12-30T17:24:37.626-08:002009-12-30T17:24:37.626-08:00rjs,
wow lotta reading man! I'd read somewhere...rjs,<br />wow lotta reading man! I'd read somewhere the resolution gave the Executive Branch the power to overrule any attempt at "taxing" the bigger banks to bail out a TBTF and dump it back onto the public.<br /><br />IMO since Obama got record amounts of F.I.RE $ he saw it as a down payment and is handing the banks the financial plan they want the same way IMO he handed the Osohttps://www.blogger.com/profile/09513535195785731541noreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-86022746058395027682009-12-30T14:53:18.402-08:002009-12-30T14:53:18.402-08:00You know the Republicans trying to make Obama fail...You know the Republicans trying to make Obama fail! I am also sick of those idiots gumming up the works until they get what they want. I am sick of their games.<br /><br /> Love the fat cat! Can't wait to show Trice. Want to wish you a happy New Year Bud. I think this was a good one for you and may 2010 be much better!jmsjoinhttps://www.blogger.com/profile/17631105639275375922noreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-72060753763299260192009-12-30T14:34:27.022-08:002009-12-30T14:34:27.022-08:00Hola, TomCat!
I swear, I do believe the word &quo...<b>Hola, TomCat!</b><br /><br />I swear, I do believe the word <b>"bipartisanship"</b> is becoming a most despised word in my world...<br /><br />Wonder how many times we'll hear it during <b>SOTU</b> this year?<br /><br />Shudder to think of it. <br /><br />Bipartisanship means this.<br /><br />Dems cower.<br /><br />RUSHpukes laugh.<br /><br /><b>Happy upcoming New Year's, Mehttps://www.blogger.com/profile/14960542364479215780noreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-6699584637198196462009-12-30T12:12:43.949-08:002009-12-30T12:12:43.949-08:00Ouch, Suzan! I'm sorry!! I understand that t...Ouch, Suzan! I'm sorry!! I understand that the banks are now holding all deposits that come in each day until after they apply all the day's debits to the account in order to generate more overdraft fees. So not only is there no float; there is a negative float. The House legislation outlaws this practice, but that's before it goes to the Senate to be trashed.<br /><br /><br />TomCathttps://www.blogger.com/profile/11397335545286040472noreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-30913982790215474852009-12-30T11:34:20.045-08:002009-12-30T11:34:20.045-08:00sorry tomcat, & everyone, for spinning outta c...sorry tomcat, & everyone, for spinning outta control here, but my tinfoil hat was sparking something fierce...rjshttps://www.blogger.com/profile/15681812432224138582noreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-16604899304724865032009-12-30T11:15:45.115-08:002009-12-30T11:15:45.115-08:00ok, i got it from a german search site: herewith i...ok, i got it from a german search site: herewith is copied the rest of the article: <br /><br />Here are some of the nuggets I gleaned from days spent reading Frank’s handiwork: <br /><br />-- For all its heft, the bill doesn’t once mention the words “too-big-to-fail,” the main issue confronting the financial system. Admitting you have a problem, as any 12- stepper knows, is the crucial first rjshttps://www.blogger.com/profile/15681812432224138582noreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-30219719956894411962009-12-30T11:03:37.527-08:002009-12-30T11:03:37.527-08:00Hi guys,
Just wanted to chime in with something I...Hi guys,<br /><br />Just wanted to chime in with something I was just a victim of.<br /><br />BB&T here in NC, and everywhere else I think, has eliminated the float. Period.<br /><br />I deposited a small check which would have covered a small grocery bill I incurred afterward last week and the charge bounced. Yes, the deposit showed up on time, but a $35 charge was made the day (get this - Cirzehttps://www.blogger.com/profile/07070125217972397204noreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-48561997129018259452009-12-30T10:57:40.333-08:002009-12-30T10:57:40.333-08:00If you Google the title, you might find it cached ...If you Google the title, you might find it cached there.TomCathttps://www.blogger.com/profile/11397335545286040472noreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-69073048350513179132009-12-30T10:57:22.035-08:002009-12-30T10:57:22.035-08:00ok, i did a search on the title, and it shows up a...ok, i did a search on the title, and it shows up at both bloomberg and businessweek, but both search links return to the home page of each...and there are 2800 other links, ie from time, huffpost feeds, chinese, german papers, etc...rjshttps://www.blogger.com/profile/15681812432224138582noreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-83384802565748586722009-12-30T10:45:56.574-08:002009-12-30T10:45:56.574-08:00nope; it was bloomberg posted on businessweek; loo...nope; it was bloomberg posted on businessweek; looks like they pulled the article...double hmmm...rjshttps://www.blogger.com/profile/15681812432224138582noreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-66014157095089061352009-12-30T10:44:23.846-08:002009-12-30T10:44:23.846-08:00RJ, I knew you dodn't make it up. :-)RJ, I knew you dodn't make it up. :-)TomCathttps://www.blogger.com/profile/11397335545286040472noreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-67599329539287046002009-12-30T10:41:53.398-08:002009-12-30T10:41:53.398-08:00tomcat, i didnt make it up...here's the url ri...tomcat, i didnt make it up...here's the url right out of my browsing history:<br />http://www.businessweek.com/news/2009-12-29/bankers-get-4-trillion-gift-from-barney-frank-david-reilly.html<br />which yeilds a 404...hmmm...maybe i still can get at it offline...rjshttps://www.blogger.com/profile/15681812432224138582noreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-50669766680710661512009-12-30T10:29:47.265-08:002009-12-30T10:29:47.265-08:00Thanks, RJ, but the link is bad.
Jack, in my hear...Thanks, RJ, but the link is bad.<br /><br />Jack, in my heart I agree with you, but in reality, our economy and Wall Street are so tightly intermeshed that every time Wall Street farts, Mani Street holds it's nose for a couple years. Instead, Wall Street needs to be reigned in with serious regulation and elections need to be 100% publicly financed.<br /><br /><br />RZ, I hear you, but TomCathttps://www.blogger.com/profile/11397335545286040472noreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-71912621964754911512009-12-30T09:46:15.701-08:002009-12-30T09:46:15.701-08:00Oso,
Quincy is a boy, but he's not fixed, so u...Oso,<br />Quincy is a boy, but he's not fixed, so unless Dulce is fixed...well, you know how bunnies are. You turn around one day, and there are 10 bunny/cat mixes, and the next day, there will be 50, and so on. Since he doesn't talk, I don't think he'll have any objections to interspecies dating, but I'll ask him just to be sure.<br /><br />But we'll have to wait a Lisa G.https://www.blogger.com/profile/02909155560510148815noreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-67956256800394044492009-12-30T09:37:50.319-08:002009-12-30T09:37:50.319-08:00RealityZone, you are correct, but Obama is turning...RealityZone, you are correct, but Obama is turning into Bush lite, so I don't have much hope.Lisa G.https://www.blogger.com/profile/02909155560510148815noreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-43084220227503600312009-12-30T09:24:12.447-08:002009-12-30T09:24:12.447-08:00Actually the Banksters had it much better under th...Actually the Banksters had it much better under the Shrubster, Greenspan, and Paulson. <br />Lets remember it was under their watch that these criminal activities started. This did not start on 01/20/09Tao Dao Manhttps://www.blogger.com/profile/16229628652152584292noreply@blogger.comtag:blogger.com,1999:blog-4776805599159893803.post-63510230705571637882009-12-30T09:16:43.990-08:002009-12-30T09:16:43.990-08:00I agree with all of the above; in addition to the ...I agree with all of the above; in addition to the massive giveaway of taxpayer money, we have the foxes (Geithner, Bernake, Summers, et. al.) protecting the banks/financial systems in an unprecedented fashion while simultaneously screwing Main Street. Never before have the banksters had it so good.Lisa G.https://www.blogger.com/profile/02909155560510148815noreply@blogger.com