Simplepleasures 13,485 Views
Joined: Nov 17, '06;
Posts: 3,125 (42% Liked)
; Likes: 2,995
I'm glad they're scared , it's about damn time.
And I'll be the rational progressive.....
I couldn't get the actual bill to load, I think it was just too busy.I am sure it will take a lot of reading to get through the bill., but it will be exciting to see where the money is being spent and results.
Toxic assets due to Toxic greed, mix well with Toxic oversight. Recipe for disaster.
The conclusion was GREED. Greenspan also came to that conclusion and said that it was the failure of the market to regulate and control their own greed. This documentary is WELL worth watching.
Might make him a conservative @ss#^&* if I name him Rush.
Funny thing you reminded me of with this: We named my deceased dog Buster without thinking of the consequences. Seemed like a harmless name until I threw a ball in the backyard and yelled "Go get the ball Buster"
Donate dried beans and rice to the food bank.
Timothy can represent the right wing of the Obnoxious Party and I can represent the left wing of the Obnoxious Party!:smiley_ab
I know that we all are going to continue to be what we feel naturally drawn to politically. But the divide between the ideologies seems to have grown bigger.I am active on a couple of other forums, in which politics are discussed and I have been running across some disturbing trends. Ive been seeing links to really super right wing sites that are almost on the verge of calling for revolution by their followers. I will post links to two of the sites that really disturbed me, seems like a movement to overthrow the present government, maybe I am paranoid.:uhoh21:
I agree wholeheartedly that partisanship is a good thing. I just hope that this sentiment continues when the conservatives gain a majority, which will happen someday.
I agree and have always agreed!
Partisanship Is Good
The persistence of partisanship is inevitable—yet it should not disappoint us. While bipartisanship has its virtues—it remains the best means of pushing through politically painful reforms—partisanship is not a vice. At its best, the partisan fray expresses the maturity of our political life; and even at its worst (which is to say, most of the time) it is a better way to govern ourselves than the pursuit at all costs of an elusive technocratic consensus.
Our deepest disagreements coalesce into two broad views of human nature that define the public life of every free society. In a crude and general way our political parties give expression to these views, and allow the roughly like-minded to pool their voices and their votes in order to turn beliefs into action.
They are the substance of the political life of a healthy and thriving democracy, and Barack Obama, whether he likes it or not, has just thrown himself into the middle of them all. We can all join him in the pursuit of the public good. But in a democracy that pursuit includes arguing over just what the public good might be.
Wow, he certainly does not look like 13. I wonder if this whole story is a hoax.
I am sure some will discredit him immediately because he is not American.
Nationalized Banks Are "Only Answer," Economist Stiglitz Says
Joseph Stiglitz was awarded the Nobel Prize in economics in 2001. Under US President Bill Clinton he served as chairman of the Council of Economic Advisers from 1995- 1997. He was chief economist of the World Bank from 1997-2000 and was a lead author of the 1995 Report of the Intergovernmental Panel on Climate Change, which shared the 2007 Nobel Peace Prize. He is currently a professor at Columbia University in New York.
In an interview with Deutsche Welle, Nobel-winning economist Joseph Stiglitz talks about nationalizing banks, the outlook for developing countries, and the need for an international financial regulator.
DW-WORLD: Many experts fear that while things are bad now, we haven't seen the worst of the crisis yet. Do you share the belief that we are facing a long decline that could rival the great depression?
The fact of the matter is, the banks are in very bad shape. The U.S. government has poured in hundreds of billions of dollars to very little effect. It is very clear that the banks have failed. American citizens have become majority owners in a very large number of the major banks. But they have no control. Any system where there is a separation of ownership and control is a recipe for disaster.
Nationalization is the only answer. These banks are effectively bankrupt.
Besides the banks and health care, is there anything else you would like to hand over to the government? Bye bye freedoms!
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