I don't care, left or right, hopefully we get someone in to help us improve the economy. Pretty soon, we are going to be so polarized that the only solution may be hitting the reset button and starting over.
Hey, Mike-426080, You sound like a cowardly, abusive jerk. How about threatening someone who can kick your thoughtless behind. Oh yea, guys who talk like you never have the guts to actually do anything but pick on those you think are weaker than you and mouth off on the internet. In fact this woman is plenty strong enough to kick your behind all by herself, and the behinds of the frauds and thieves on Wall Street too. If these kinds of childish threats are the best you can do, you shouldn't bother getting out of bed.
And for crying out loud, people, stop asking the government to "help". Help yourself. Haven't we learned - YET - over the past four decades what happens when the government "helps"?
Most recent example? Increased credit card interest rates and fees, AFTER the "credit card regulation" passed last year.
So, in summary, the roughly 10% of the people in this country who couldn't handle credit in a mature way whined loud and long enough to prompt Congress to interfere, once again, in the marketplace, creating a worse situation for both that 10% who couldn't handle it in the first place - AND the 90% who could.
As a member of the 90% who CAN handle my own finances without the government's questionable "help", thanks one hell of a lot to the 10% for screwing everything up for the rest of us. Does it make you happy to know that everyone else a little more miserable, while you are no happier because you screwed yourselves as well?
How about bringing in actual consumer advocates like Ralph Nader, Clark Howard, etc. instead of another over-rated Harvard based elitist schmuck who has never lived in the real world?
I, being of the left of middle bent, thinkthat Nader has lost it. He's past the point of being a consumer advocate and now has no prespective of reality. She seems to be exactly what the consumers want and need.
Nice of you "Stumpy" to decide what all the consumers "want" and "need", I assume you ran a massive survey to determine this "factoid" of yours. What we need is less government and to clean out all the progressives in congress who have over the years managed to divert cash into their own pockets while doing "good".
colonialgirl - Get your facts straight before you spew all over, progressives have not now or ever run this government - this government has been run by the lobbyists, corporations, nepotism of ill appointrd overseeers EX: Mitch McConnell's wife Elaine Choo who ran or I should say did not run Labor. Bush's Crony who did not oversee oil digging., and the myriad of his so called "Rangers" who donated a $100,000 or more to his campaigns. They were appointed ambassadors and given cushy jobs. Before you blame so called progressives think back was Bush a progressive? Think further back with Reagan and his "Trickle Down Economics" Progressive I think not! Just Tax cuts for the wealthy Haliburton and sending jobs overseas, killing unions - real progressive I think not Wheeesh Brain Dead
colonialgirl-1384027, You are a brainwashed slave to your corporate masters. I hope some of the illumination of freedom may seep into your being before it's too late. They have you voting against your own self intrest in election after election. You make sure your chains are on real good now, your corporate masters might be needen' you to do more of their dirty work for them real soon.
The position is to enforce fairness for consumers NOT banks or institutions. Wall Street should have absolutely NOTHING to say in this matter. Nor should Mitch McConnell (keeper of the no-sayers). All persons and institutions standing in the way of providing for a fair and level playing field for all parties involved in transactions must be bulldozed down and taken to the trash.
Those that "drove us into the ditch" want nothing more than to be protected from the middle class investors who provide huge amounts for their high-living executives. Main Street must prevail! We must take back our financial institutions and our Country from the elitists who would have us go back to a governmental system used in medieval times of fiefdoms with serfs bowing to lords and ladies of a higher order.
This would bring us into a system of slavery of the highest magnitude. Oh yes, they want the dumb and dumber crew to seek "their second amendment remedies" and as soon as they elect their made-up creation of fake god worship, your weapons will be history. Those fake grassroots groups like Freedom Works and all those others of Dick Armey and the Koch brothers will use you and then abuse you; when they are done with you they will dispose of you--No health care for you! No retirement for you! No individual freedom for you! Good luck!
Nearly a million from Goldman Sachs, $700k each from JP Morgan and Citi just to name the largest of them. Overall, nearly $24 MILLION from the securities, investment, commercial banks and misc. finance industries.
Stop kidding yourself that your precious Democrats and Obama are somehow "better" for the "little guy" than the stupid Republicans. They're not, they're worse because they have you fooled into thinking they are better.
Being a lawyer should be a disqualifier for any public office candidate. Aside from that, Warren is the only current political figure I could endorse for any public office. Her apparent integrity and willingness to confront evil put her in a class by herself. I hope she runs for president since all the candidates now in sight are bad jokes.
Who cares what Wall Street thinks. They believe all kinds of false assumptions about what's good for the working people of America. They WHINE, they CRY, well good. Be big people and admit you live in a slanted version of the real world where insider information is commonplace, about time someone looking over your shoulders and giving "CORRECTION" of a meaningful sort. TOO long you people have been left unfettered. The wild dogs may lead, to our destructrion without the proper guidance(LEASH).
After reading all the posts, not just on this issue, but several different financial issues, I finally figured out what a liberal is. A liberal is someone who feels like they're smarter than everybody else and, hence, they simply must take care of the poor downtrodden masses and help them rise up from their miserable existence. I know this lady was supposed to have been raised poor, but, I promise you, she couldn't have been raised poorer than me, not if she had running water and a toilet. The difference in our outlook? My daddy taught me that nobody owed me anything and that I was the one who owed. So the liberals can keep advocating welfare, which is truly counterproductive to helping the poor. And, the rest of us will keep advocating a work ethic and self-reliance. And the liberals can keep advocating government control so nobody can gyp the poor masses. And the rest of us will live within our means and read the fine print without government help.
Hey there Cincinnati Patty, I got you beat, I grew up on a farm with outside well water and an outhouse, so there. I have never thought of this as being poor. I think being a person incapable of empathy and overly full of self-rightchessness is poor. I do not think of a lack of material posessions and luxuries as poverty. I think having a soul so small their is no room for anything but your own selfish interests is truely poor. My impression, from your comments, is that you are just selfish; thoughtless and mean spirited. For all out sakes, I truely hope that you wake up soon.
False hyperbole and name calling from a liberal. Again. Nice job, Phillbert.
If you resist having your money forcibly taken by the government for redistribution, according to liberals, you're selfish. If you advocate for self-determination versus a government tit, according to liberals you're thoughtless and mean-sprited.
The hate, bigotry and mean-spiritedness comes directly from the left wing of the Democratic party and is THE reason I am no longer a Democrat. You people have twisted the definition of liberal into something that is no longer recognizable to people that believe in freedom and equality and turned it into a bludgeon with which you seek to further your social engineering.
You will fail, because the rest of us are on to your mind games and tricks.
Here's a question: Why aren't YOU selfish for demanding that other people's money be taken from them and given to you? It's very easy to be liberal when you benefit from this type of redistribution, or when you're so rich it doesn't matter, like Obama, Gore, Pelosi, Reid, Kerry, Clinton, etc etc etc. Which is, Phill? Living off my money, or already a member of the wealthy liberal elite?
Warren would be a excellent choice for Obama and the consumers. Maybe she would dig deep to expose how George W and his gang were involved in Wall Street and the worst recession since the Great Depression! Hope she makes the fine print in big, big letters, because that's where the truth is. We need someone to protect the consumers from the Bush followers out there.
I am amazed at how naive some of the posters are with regards to the financial industry. As a lawyer who enforces their contracts, I have never doubted for a moment that they do stay up late at night (or at least have teams of attorneys) to figure out and make sure that they always have the advantage. Government regulation is the counter balance. The consumer as an individual doesn't have the kind of leverage to bring about change. Without regulation, the next time your car is repossessed, the bank president is not going to advertise it for sale, he's simply going to sell it to his nephew. And without regulation, when your house is repossessed, instead of their being a public sale, the bank will sell the best houses to insider groups of lawyers and investors.
Polarizing? Really? What the Hell do you think the rightist rascals are who have run every other financial regulatory agency during my lifetime? They have been "polarizing" too! I'm damn tired of being on the end of their pole! So, if some Wall Streeter doesn't like Elizabeth Warren, I commend his most recent Republican donation check to his use as a rectal suppository.
F Wall Street. They brought us the housing meltdown and kept themselves busy ignoring it when it was coming, when it was happening, when they got their bailouts, and the continued aftermath. They know better, but they have no shame since all they did was bend the rules, to dire consequence. They have no shame. They knew better, but they did nothing.
Tea Partiers--take note--this is America and it belongs to Main Street, not Wall Street.
Wall Street has America on the ropes. We can succeed if given a chance. Wall Street keeps selling us out to the lowest bidders overseas.
Bring in Elizabeth Warren. It's long overdue. Good that she's an outsider. Unlikely then to be corrupted and all the more reason to stay true to her fellow Americans.
She sounds like she would really stand up for the average American. And it's important to remember, what's good for Americans is bad for the Republican Party. Expect the Beck Brigade to claim that she eats conservative babies and beats up kittens.
Every time this administration passes legislation to "protect" the consumer, the consumer gets screwed. So far my credit lines have been cut by 75% and my interest rate has almost doubled, all at the cost of protecting people who overdraw their checking accounts and make late payments. I'm sure this new agency will serve the irresponsible deadbeats who buy what they can't afford, who got us into this mess to begin with, at the cost of those who behave responsibly.
sorry, but after reading this story to the bottom what struck me most was how pathetic it is that whoever wrote the article felt they had to explain that Orville Wright was one of the inventors of the airplane. Is America THAT uneducated? If so that explains why washington and Wallstreet run the country. We LET them because we arent smart enough to object.
repubs have only name calling and lies to use,look at the medeocre healtcare bill the repubs gave us,look at the negative obama bashing,they have brought the country to the brink of total civil disobedience just to get elected with out any regard for the people or the economy,just think what the polls would say if they would have sat down and compromised to get a good bill and emprove the economy,the polles would jump to 80% for congress and the economy would have soared to a point where the spending would have been insignificant and all would be happy. signed by a conservative not happy with his parties attitude toward the country.
my credit lines were cut the same and the interest raised but that was caused by deregulation of the banks and the cuts were done in 2009.that was what what the regulations were put in to stop.
You're lying. But whatever. I've already linked proof, not that you'll be bothered to read it.
I don't doubt your lines were cut and rates increased, since you can't type a sentence free of typos and including proper punctuation. You have your causation wrong, making you a liar. Or just ignorant of the facts. You decide.
Read the articles I linked in the first thread, and reread my post. I didn't call you names, I pointed out that your typing skills are lacking. And I no longer really care about tiptoeing around people who make false statements (lie).
Credit card companies began cutting credit lines and increasing rates prior to and the instant the credit card reform bill was passed, because many of the provisions were based on rates in effect when the provisions kicked in. Congress nicely gave the credit card companies over a year to compensate for all the new "consumer protections" they passed via letting them know exactly what they were doing before it passed and extending the effective dates of the provision to Feb. '10. The bill passed in May '09.
It's not my fault you weren't and still apparently aren't paying attention. It's also not my fault if you can't handle the truth - your credit card situation was screwed up by Obama and the Democrats.
I don't care, left or right, hopefully we get someone in to help us improve the economy. Pretty soon, we are going to be so polarized that the only solution may be hitting the reset button and starting over.
Can someone smack those "elitist" little glasses off this brainless bimbo?
Hey, Mike-426080, You sound like a cowardly, abusive jerk. How about threatening someone who can kick your thoughtless behind. Oh yea, guys who talk like you never have the guts to actually do anything but pick on those you think are weaker than you and mouth off on the internet. In fact this woman is plenty strong enough to kick your behind all by herself, and the behinds of the frauds and thieves on Wall Street too. If these kinds of childish threats are the best you can do, you shouldn't bother getting out of bed.
Obama's already rolled over for Wall Street once, he'll do it again.
http://www.newsweek.com/2010/08/29/how-obama-got-rolled-by-wall-street.html
And for crying out loud, people, stop asking the government to "help". Help yourself. Haven't we learned - YET - over the past four decades what happens when the government "helps"?
Most recent example? Increased credit card interest rates and fees, AFTER the "credit card regulation" passed last year.
http://www.msnbc.msn.com/id/29471906/
http://online.wsj.com/article/NA_WSJ_PUB:SB10001424052748704094704575443402132987676.html
So, in summary, the roughly 10% of the people in this country who couldn't handle credit in a mature way whined loud and long enough to prompt Congress to interfere, once again, in the marketplace, creating a worse situation for both that 10% who couldn't handle it in the first place - AND the 90% who could.
As a member of the 90% who CAN handle my own finances without the government's questionable "help", thanks one hell of a lot to the 10% for screwing everything up for the rest of us. Does it make you happy to know that everyone else a little more miserable, while you are no happier because you screwed yourselves as well?
How about bringing in actual consumer advocates like Ralph Nader, Clark Howard, etc. instead of another over-rated Harvard based elitist schmuck who has never lived in the real world?
I, being of the left of middle bent, thinkthat Nader has lost it. He's past the point of being a consumer advocate and now has no prespective of reality. She seems to be exactly what the consumers want and need.
Nice of you "Stumpy" to decide what all the consumers "want" and "need", I assume you ran a massive survey to determine this "factoid" of yours. What we need is less government and to clean out all the progressives in congress who have over the years managed to divert cash into their own pockets while doing "good".
colonialgirl - Get your facts straight before you spew all over, progressives have not now or ever run this government - this government has been run by the lobbyists, corporations, nepotism of ill appointrd overseeers EX: Mitch McConnell's wife Elaine Choo who ran or I should say did not run Labor. Bush's Crony who did not oversee oil digging., and the myriad of his so called "Rangers" who donated a $100,000 or more to his campaigns. They were appointed ambassadors and given cushy jobs. Before you blame so called progressives think back was Bush a progressive? Think further back with Reagan and his "Trickle Down Economics" Progressive I think not! Just Tax cuts for the wealthy Haliburton and sending jobs overseas, killing unions - real progressive I think not Wheeesh Brain Dead
colonialgirl-1384027, You are a brainwashed slave to your corporate masters. I hope some of the illumination of freedom may seep into your being before it's too late. They have you voting against your own self intrest in election after election. You make sure your chains are on real good now, your corporate masters might be needen' you to do more of their dirty work for them real soon.
If Wall Street hates her, I would expect she will do an outstanding job!
Could you please itemize exactly what you think the person appointed to this job, whether it's Warren or someone else, will do?
Don't know how long she'll last but I know she's really needed by everyone except Wall Street and the Chamber of Horrors (sorry, I mean 'Commerce').
The position is to enforce fairness for consumers NOT banks or institutions. Wall Street should have absolutely NOTHING to say in this matter. Nor should Mitch McConnell (keeper of the no-sayers). All persons and institutions standing in the way of providing for a fair and level playing field for all parties involved in transactions must be bulldozed down and taken to the trash.
Those that "drove us into the ditch" want nothing more than to be protected from the middle class investors who provide huge amounts for their high-living executives. Main Street must prevail! We must take back our financial institutions and our Country from the elitists who would have us go back to a governmental system used in medieval times of fiefdoms with serfs bowing to lords and ladies of a higher order.
This would bring us into a system of slavery of the highest magnitude. Oh yes, they want the dumb and dumber crew to seek "their second amendment remedies" and as soon as they elect their made-up creation of fake god worship, your weapons will be history. Those fake grassroots groups like Freedom Works and all those others of Dick Armey and the Koch brothers will use you and then abuse you; when they are done with you they will dispose of you--No health care for you! No retirement for you! No individual freedom for you! Good luck!
Cutting and pasting from moveon.org again?
Wake the hell up. Obama pandered to Wall Street as bad as any Republican every did.
http://www.newsweek.com/2010/08/29/how-obama-got-rolled-by-wall-street.html
And do you wonder why? Here's why.
http://www.opensecrets.org/pres08/contrib.php?cycle=2008&cid=N00009638
Nearly a million from Goldman Sachs, $700k each from JP Morgan and Citi just to name the largest of them. Overall, nearly $24 MILLION from the securities, investment, commercial banks and misc. finance industries.
http://www.opensecrets.org/pres08/indus.php?cycle=2008&cid=N00009638
Compare that to contributions to McCain? $15.1 million, a healthy take as well but only just over half Obama's.
http://www.opensecrets.org/pres08/indus.php?cycle=2008&cid=N00006424
Stop kidding yourself that your precious Democrats and Obama are somehow "better" for the "little guy" than the stupid Republicans. They're not, they're worse because they have you fooled into thinking they are better.
Being a lawyer should be a disqualifier for any public office candidate. Aside from that, Warren is the only current political figure I could endorse for any public office. Her apparent integrity and willingness to confront evil put her in a class by herself. I hope she runs for president since all the candidates now in sight are bad jokes.
Who cares what Wall Street thinks. They believe all kinds of false assumptions about what's good for the working people of America. They WHINE, they CRY, well good. Be big people and admit you live in a slanted version of the real world where insider information is commonplace, about time someone looking over your shoulders and giving "CORRECTION" of a meaningful sort. TOO long you people have been left unfettered. The wild dogs may lead, to our destructrion without the proper guidance(LEASH).
After reading all the posts, not just on this issue, but several different financial issues, I finally figured out what a liberal is. A liberal is someone who feels like they're smarter than everybody else and, hence, they simply must take care of the poor downtrodden masses and help them rise up from their miserable existence. I know this lady was supposed to have been raised poor, but, I promise you, she couldn't have been raised poorer than me, not if she had running water and a toilet. The difference in our outlook? My daddy taught me that nobody owed me anything and that I was the one who owed. So the liberals can keep advocating welfare, which is truly counterproductive to helping the poor. And, the rest of us will keep advocating a work ethic and self-reliance. And the liberals can keep advocating government control so nobody can gyp the poor masses. And the rest of us will live within our means and read the fine print without government help.
What the hell is this "Cincinnati Patty" talking about? did she actually READ the article? where does it say welfare? Is she at least litterate?
Hey there Cincinnati Patty, I got you beat, I grew up on a farm with outside well water and an outhouse, so there. I have never thought of this as being poor. I think being a person incapable of empathy and overly full of self-rightchessness is poor. I do not think of a lack of material posessions and luxuries as poverty. I think having a soul so small their is no room for anything but your own selfish interests is truely poor. My impression, from your comments, is that you are just selfish; thoughtless and mean spirited. For all out sakes, I truely hope that you wake up soon.
False hyperbole and name calling from a liberal. Again. Nice job, Phillbert.
If you resist having your money forcibly taken by the government for redistribution, according to liberals, you're selfish. If you advocate for self-determination versus a government tit, according to liberals you're thoughtless and mean-sprited.
The hate, bigotry and mean-spiritedness comes directly from the left wing of the Democratic party and is THE reason I am no longer a Democrat. You people have twisted the definition of liberal into something that is no longer recognizable to people that believe in freedom and equality and turned it into a bludgeon with which you seek to further your social engineering.
You will fail, because the rest of us are on to your mind games and tricks.
Here's a question: Why aren't YOU selfish for demanding that other people's money be taken from them and given to you? It's very easy to be liberal when you benefit from this type of redistribution, or when you're so rich it doesn't matter, like Obama, Gore, Pelosi, Reid, Kerry, Clinton, etc etc etc. Which is, Phill? Living off my money, or already a member of the wealthy liberal elite?
Warren would be a excellent choice for Obama and the consumers. Maybe she would dig deep to expose how George W and his gang were involved in Wall Street and the worst recession since the Great Depression! Hope she makes the fine print in big, big letters, because that's where the truth is. We need someone to protect the consumers from the Bush followers out there.
What,, wall street and the Republicans do not like her. Well then she must be the correct choice.
I am amazed at how naive some of the posters are with regards to the financial industry. As a lawyer who enforces their contracts, I have never doubted for a moment that they do stay up late at night (or at least have teams of attorneys) to figure out and make sure that they always have the advantage. Government regulation is the counter balance. The consumer as an individual doesn't have the kind of leverage to bring about change. Without regulation, the next time your car is repossessed, the bank president is not going to advertise it for sale, he's simply going to sell it to his nephew. And without regulation, when your house is repossessed, instead of their being a public sale, the bank will sell the best houses to insider groups of lawyers and investors.
Polarizing? Really? What the Hell do you think the rightist rascals are who have run every other financial regulatory agency during my lifetime? They have been "polarizing" too! I'm damn tired of being on the end of their pole! So, if some Wall Streeter doesn't like Elizabeth Warren, I commend his most recent Republican donation check to his use as a rectal suppository.
True "liberals" want to provide opportunities for the poor, not hand them a welfare check.
Welfare is only meant as a safety net when you have absolutely nothing else.
F Wall Street. They brought us the housing meltdown and kept themselves busy ignoring it when it was coming, when it was happening, when they got their bailouts, and the continued aftermath. They know better, but they have no shame since all they did was bend the rules, to dire consequence. They have no shame. They knew better, but they did nothing.
Tea Partiers--take note--this is America and it belongs to Main Street, not Wall Street.
Wall Street has America on the ropes. We can succeed if given a chance. Wall Street keeps selling us out to the lowest bidders overseas.
Bring in Elizabeth Warren. It's long overdue. Good that she's an outsider. Unlikely then to be corrupted and all the more reason to stay true to her fellow Americans.
She sounds like she would really stand up for the average American. And it's important to remember, what's good for Americans is bad for the Republican Party. Expect the Beck Brigade to claim that she eats conservative babies and beats up kittens.
Every time this administration passes legislation to "protect" the consumer, the consumer gets screwed. So far my credit lines have been cut by 75% and my interest rate has almost doubled, all at the cost of protecting people who overdraw their checking accounts and make late payments. I'm sure this new agency will serve the irresponsible deadbeats who buy what they can't afford, who got us into this mess to begin with, at the cost of those who behave responsibly.
sorry, but after reading this story to the bottom what struck me most was how pathetic it is that whoever wrote the article felt they had to explain that Orville Wright was one of the inventors of the airplane. Is America THAT uneducated? If so that explains why washington and Wallstreet run the country. We LET them because we arent smart enough to object.
repubs have only name calling and lies to use,look at the medeocre healtcare bill the repubs gave us,look at the negative obama bashing,they have brought the country to the brink of total civil disobedience just to get elected with out any regard for the people or the economy,just think what the polls would say if they would have sat down and compromised to get a good bill and emprove the economy,the polles would jump to 80% for congress and the economy would have soared to a point where the spending would have been insignificant and all would be happy. signed by a conservative not happy with his parties attitude toward the country.
I'm no friend of Wall Street but Warren is bad news. She should not get the job.
my credit lines were cut the same and the interest raised but that was caused by deregulation of the banks and the cuts were done in 2009.that was what what the regulations were put in to stop.
You're lying. But whatever. I've already linked proof, not that you'll be bothered to read it.
I don't doubt your lines were cut and rates increased, since you can't type a sentence free of typos and including proper punctuation. You have your causation wrong, making you a liar. Or just ignorant of the facts. You decide.
spoken like a true insecure person that needs to try to put others down and cant hold a decent conversation.its to bad.......
the bill was passed last yr. but did not go in until this yr. after they did the cuts i would not think of calling you names for your mistake.
Read the articles I linked in the first thread, and reread my post. I didn't call you names, I pointed out that your typing skills are lacking. And I no longer really care about tiptoeing around people who make false statements (lie).
Credit card companies began cutting credit lines and increasing rates prior to and the instant the credit card reform bill was passed, because many of the provisions were based on rates in effect when the provisions kicked in. Congress nicely gave the credit card companies over a year to compensate for all the new "consumer protections" they passed via letting them know exactly what they were doing before it passed and extending the effective dates of the provision to Feb. '10. The bill passed in May '09.
It's not my fault you weren't and still apparently aren't paying attention. It's also not my fault if you can't handle the truth - your credit card situation was screwed up by Obama and the Democrats.
i guess they increased the interest and decreased the limits under the past administrations laws.