Obama attacks banks, stocks down 4% in 2 days

You're pretty off today, tops.

Stocks are down because of the jobs report and BOFA.

And Obama HAS to address "too big to fail." Anyone with any intelligence understands that...
 
Onceler said:
You're pretty off today, tops.

Stocks are down because of the jobs report and BOFA.

And Obama HAS to address "too big to fail." Anyone with any intelligence understands that...
Click to expand...

I listed a fact.

Now some improved regulation is good. Like bring back glass stiegal.
I read a top bank analyst that said it would be great to split the investment banks from the banks. ie for the investment shareholders.
 
Obama is just following the socialist playbook created by FDR. Attack the banks and prolong the recession or create the depression. In order to push your agenda, you must create the crisis that will have the people demanding the gov do something to fix it.
 
Clinton bashed Wall St as a candidate then turned to embrace it while President. Obama has continued with this bashing bankers talk for the most part throughout his term. At a certain point where does he believe jobs are going to be created? The government stimulus might have saved some jobs but it sure didn't create a whole hell of a lot. He's going to need to embrace the private sector more than he is now imo for real job growth to return.
 
cawacko said:
Clinton bashed Wall St as a candidate then turned to embrace it while President. Obama has continued with this bashing bankers talk for the most part throughout his term. At a certain point where does he believe jobs are going to be created? The government stimulus might have saved some jobs but it sure didn't create a whole hell of a lot. He's going to need to embrace the private sector more than he is now imo for real job growth to return.
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Bankers deserve to be bashed. The only beneficial function they serve - the efficient allocation of capital - they failed at miserably and had to be bailed out by the government. And now they're all patting themselves on the back, taking more of the same risks with an implicit government backstop and paying ginormous bonuses. Fuck 'em.
 
cawacko said:
Clinton bashed Wall St as a candidate then turned to embrace it while President. Obama has continued with this bashing bankers talk for the most part throughout his term. At a certain point where does he believe jobs are going to be created? The government stimulus might have saved some jobs but it sure didn't create a whole hell of a lot. He's going to need to embrace the private sector more than he is now imo for real job growth to return.
Click to expand...

Yeah, he bashed the banks. Whatever.

I'm not sure if you've noticed this, but the current mood about the banks right now isn't as positive as in the 90's.
 
Do you ever read the stock reports?

By Peter McKay, MarketWatch
SAN FRANCISCO (MarketWatch) -- U.S. stocks suffered their worst one-day decline in nearly three months Thursday as bank shares fell under the threat of new regulations, while the basic-materials sector suffered from worries about global tightening.


Onceler said:
You're pretty off today, tops.

Stocks are down because of the jobs report and BOFA.

And Obama HAS to address "too big to fail." Anyone with any intelligence understands that...
Click to expand...
 
TuTu Monroe said:
Do you ever read the stock reports?

By Peter McKay, MarketWatch
SAN FRANCISCO (MarketWatch) -- U.S. stocks suffered their worst one-day decline in nearly three months Thursday as bank shares fell under the threat of new regulations, while the basic-materials sector suffered from worries about global tightening.
Click to expand...


How does Peter McKay know that? Do you ever question anything that doesn't conform to your preconceived ideals?
 
It's so random. First they so desperately want to give them money they won't even listen to legislation that would simply end the TARP legislation so that new bailout legislation that isn't fear-fed could be passed, then they want to call them evil...

Can't throw enough money at them, but hate them too....

It's a love-hate thing...
 
Damocles said:
It's so random. First they so desperately want to give them money they won't even listen to legislation that would simply end the TARP legislation so that new bailout legislation that isn't fear-fed could be passed, then they want to call them evil...

Can't throw enough money at them, but hate them too....

It's a love-hate thing...
Click to expand...


I think it's more like we love you and helped you and thought you would change your ways. But you haven't so for the good of our relationship we're changing your ways for you.
 
Damocles said:
It's so random. First they so desperately want to give them money they won't even listen to legislation that would simply end the TARP legislation so that new bailout legislation that isn't fear-fed could be passed, then they want to call them evil...

Can't throw enough money at them, but hate them too....

It's a love-hate thing...
Click to expand...

Figured you'd be pleased. Aren't they addressing the "too big to fail" thing?
 
it does not matter what Obama does , hes a one termer and what ever he does will just be reversed.

The SCOTUS made sure of that.
 
evince said:
it does not matter what Obama does , hes a one termer and what ever he does will just be reversed.

The SCOTUS made sure of that.
Click to expand...

do you realize that you're effectively saying obama "bought" his presidency....you're saying he with the most money will win the election...then obama didn't win fairly, he won because he had the most money after he lied about taking public finance option
 
No I didnt you idiot.

When the money you use is FROM the voters then that IS democracy.

When the money is from corporations then it is NOT a democracy.
 
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