[Kevin Gibson]

Based on this article: 'Too Big To Fail' Lives As Regulators Slam Banks' Living Wills
(which is Huffington post, so that needs to factor into the credibility), the FDIC appears to actually be REGULATING banks; what a wild concept.

The major banks have been given 3 chances at preparing a "living will" of how they would wind down in the case of insolvency so the government will not have to bail them out again. They have failed all 3 chances, so they've been given one more chance in 2015 to get realistic. If they fail that, the FDIC will begin a multi-year program of downsizing the big banks.

Now if they ACTUALLY do that, I will stand up and applaud Obama for actually doing something to reign in Wall Street. But personally I remain dubious that government regulators will be allowed to really do their job with all that Wall Street lobbyist money flooding into congress. We shall see...there's slim chance that Obama can exit his presidency with ONE good deed.

 

[Diamondback]

The rub is, even if something gets pushed out of the House the next stop is straight into Scumbag Harry's fireplace.

We don't have a "Do Nothing Congress," we have a "Do Nothing Senate" that won't let even HALFHEARTED efforts from the House see the light of day. Harry Reid is, quite frankly, behaving in a manner very reminiscent of a child who refuses to eat their vegetables... even after Mom and Dad have exhausted all the recipes they know trying to make them more palatable.

Doesn't help that Boehner doesn't have the balls to tie something critical into something he considers a Must Have and say "If you want X you MUST accept Y and oh by the way we've already passed a binding vote to reject X if what you send back doesn't have Y attached..."

 

[Kevin Gibson]

The rub is, even if something gets pushed out of the House the next stop is straight into Scumbag Harry's fireplace.

We don't have a "Do Nothing Congress," we have a "Do Nothing Senate" that won't let even HALFHEARTED efforts from the House see the light of day. Harry Reid is, quite frankly, behaving in a manner very reminiscent of a child who refuses to eat their vegetables... even after Mom and Dad have exhausted all the recipes they know trying to make them more palatable.

Doesn't help that Boehner doesn't have the balls to tie something critical into something he considers a Must Have and say "If you want X you MUST accept Y and oh by the way we've already passed a binding vote to reject X if what you send back doesn't have Y attached..."

Well here's the interesting part; this is all per law that's already passed. The Dodd-Frank Wall Street Reform and Consumer Protection Act.

So it's not up to congress, it's up to regulators that are already in place. They have the power to act, and they have the mandate. The ONLY thing that can stop them is a presidential executive order, or an act of congress passing a new law to nullify the old one.

So we have created a "system" of protection. But as we've seen time and time again, government regulators have a very bad habit of being WAY too cozy with the industries they regulate.

I pray to God Obama has the stones to let this just play out the right way. I don't think anyone in power with an R or a D next to their name will ever actually do the right thing though.

 

[Snake45]

I pray to God Obama has the stones to let this just play out the right way. I don't think anyone in power with an R or a D next to their name will ever actually do the right thing though.

There's no evidence that King Hussein will ever do anything that will benefit America or the American people. If he does, it will be the first time. You might as well expect monkeys to come flying out of his butt.

 

[Kevin Gibson]

There's no evidence that King Hussein will ever do anything that will benefit America or the American people. If he does, it will be the first time. You might as well expect monkeys to come flying out of his butt.

Yeah, about what I expect. But this is the law HE passed, and now it's about to be carried out. I'm just waiting to see what kind of BS they come up with to not enforce this law.

 

[IrishCop]

Yeah, about what I expect. But this is the law HE passed, and now it's about to be carried out. I'm just waiting to see what kind of BS they come up with to not enforce this law.

Aww, he'll just change the law by Executive Order and effectively neutralize any good that it might have done. It's what works for him, y'know?

 

[stand watie]

IrishCop; All,

I don't know about you but I will NOT support/contribute to/vote for ANY candidate who is unwilling to commit in writing to reversing every act of BHO & his "coven of kooks, wierdos, perverts, radicals & common criminals".

yours, sw

 

[Snake45]

Yeah, about what I expect. But this is the law HE passed, and now it's about to be carried out. I'm just waiting to see what kind of BS they come up with to not enforce this law.

The LAW? What a concept!:shock:

The fact is that Hussein will do whatever he wants to do, and the law can kiss his ass. And what he wants to do has been universally anti-American so far.

 

[Kevin Gibson]

IrishCop; All,

I don't know about you but I will NOT support/contribute to/vote for ANY candidate who is unwilling to commit in writing to reversing every act of BHO & his "coven of kooks, wierdos, perverts, radicals & common criminals".

yours, sw

Well you won't be voting, because there ain't much difference between the Dems and the Repub's anymore. They're all big government!

 

[Kevin Gibson]

The LAW? What a concept!:shock:

The fact is that Hussein will do whatever he wants to do, and the law can kiss his ass. And what he wants to do has been universally anti-American so far.

Yeah I know. But all he has to do is absolutely nothing, and they can accomplish some good.

But here's the thing. The strangle hold that Wall Street has on Washington, I just don't think the regulators will be allowed to regulate, and I don't think it's just Obama. I think Wall Street has that same strangle hold on any Republican whom would/or would have been in the White House. And I think they own enough of congress that they could quietly push a new provision into place by 2015 and everyone would just quietly let it happen.

 

[stand watie]

Kevin Gibson,

Well, you are 100% CORRECT about RINOs & DIMocRATS.

Otoh, there are MANY conservatives out there in the USA who favor SMALL & CONSTITUTIONAL government. - It's simply a matter of finding, promoting them to candidates & then electing them.

Fwiw, the solemn OATH that ALL veterans took as a soldier is still BINDING on all of us GIs, for as long as we may draw breath.
(My dear friend Chief Naa'teh, of the Apache Nation, said 2 Tuesday nights ago, "There was NO 'expiration date' on the oath that you & I took long ago to 'protect and defend The Constitution of The United States, against all enemies, foreign & domestic'." = Naa'teh was 100% correct.)

yours, sw

 

[TommyGunn]

Well you won't be voting, because there ain't much difference between the Dems and the Repub's anymore. They're all big government!

While I don't largely disagree I'd still like to see what the repukes ... er, uh, republicans do when they're in charge and aren't leading "from the rear," so to say.
If they really do something to cut govt. back to size ( :rotflmao: I know, I know ... ) then great, otherwise, I flee the reservation and turn libertarian, or maybe independent.

 

[Kevin Gibson]

While I don't largely disagree I'd still like to see what the repukes ... er, uh, republicans do when they're in charge and aren't leading "from the rear," so to say.
If they really do something to cut govt. back to size ( :rotflmao: I know, I know ... ) then great, otherwise, I flee the reservation and turn libertarian, or maybe independent.

We saw this when Bush took office. Republicans had it all for two years, house, senate, president. And they spent like crazy and passed the prescription meds benefits for MediCare. Big government, social programs. That was my wake up call. I left the party and I WON'T be returning.

I'm tired of talk, I want action. Each candidate talks a big game, but when they get into office, they all do the same thing. The only difference is which palms get greased.

 

[TommyGunn]

We saw this when Bush took office. Republicans had it all for two years, house, senate, president. And they spent like crazy and passed the prescription meds benefits for MediCare. Big government, social programs. That was my wake up call. I left the party and I WON'T be returning.

I'm tired of talk, I want action. Each candidate talks a big game, but when they get into office, they all do the same thing. The only difference is which palms get greased.

Bush was not a conservative.

My bad. I should have been more specific in my earlier post.
Keep in mind I am hanging on by my fingernails.
I just want to hang on for a LITTLE longer........
(I'm a little scared of where I'll land -- it isn't "pretty" out there...)

 

[Kevin Gibson]

Bush was not a conservative.

My bad. I should have been more specific in my earlier post.
Keep in mind I am hanging on by my fingernails.
I just want to hang on for a LITTLE longer........
(I'm a little scared of where I'll land -- it isn't "pretty" out there...)

The Republican party are not conservatives...there may be a few sprinkled around, enough to fool people into thinking the Republican party is a conservative organization, but they're not.

 

[TommyGunn]

The Republican party are not conservatives...there may be a few sprinkled around, enough to fool people into thinking the Republican party is a conservative organization, but they're not.

As this week concludes I note how poorly the TEA PARTY candidates have done in these preliminary elections, and also this causes me to reflect how poorly "establishment" repukeagains have treated the Tea Party members. I had higher hopes for the Tea Party. I have to wonder how strong the movement is and that it is, perhaps, dying off.........
Unfortunatly this is a reflection on the voters, really. Someone once said that we "get the type of government we deserve," and I fear we will be getting it in spades.
There have always been a large section of the repukes that have been "country club republicans" (there are other names) that when you scrape off the exterior, are little different inside than many dimocrats. This section of the party appears to be gaining ascendancy, beyond the point they were in 2000 when Shrub entered the oval office.

Do you know where I can get a parachute -- cheap???? :banghead::sad::sad:

 

[stand watie]

Kevin Gibson,

ONE BIG difference in the DIMocRATS & the Republicans is that the DIMS hate people like the members of this forum & want to DISARM us & also to SILENCE us.
(They not only dislike the 2nd Amendment, they despise the BoR, except for leftists like they are.)

yours, sw

 

[Javlin]

As this week concludes I note how poorly the TEA PARTY candidates have done in these preliminary elections, and also this causes me to reflect how poorly "establishment" repukeagains have treated the Tea Party members. I had higher hopes for the Tea Party. I have to wonder how strong the movement is and that it is, perhaps, dying off.........

TG atleast here in MS it is still strong I believe it's the establishment's money/connections that were stronger.I agree that the tea party does have to field better candidates to put forward to win.I do not know if McDaniels challenges later will bear any fruit but if many that voted for Chris have to choose between Cochran/Childers Childers will win by default.I refuse to vote for Cochran this go round and for-see a loss of a repub seat in 2014 for my vote will be a write-in!

 

[DavidE]

The problem President Obama has is that for all the criticisms, his unwillingness to act decisively on something often causes as much or more problems than when he does.

His one real bold move was Health Care. Killing bin Laden was something any Pres. would have OK'd (though I am still glad he did.) At home and especially in foreign policy, saying stuff and not acting have caused far worse problems.

 

[stand watie]

DavidE,

BHO's main problem is that he is INCOMPETENT, ARROGANT, IGNORANT, a pathological LIAR, gut-LESS & "a creature WITHOUT either morals or HONOR".

ImVho, he is UNFIT to be president of a local school board & just SEEING/HEARING him makes me GAG.

Note: Just ONE example of his unfitness (as both POTUS & CIC) was that when ISIS was "road-marching toward Bagdad", the entire 3+KM-long enemy convoy could have been DESTROYED by ONE determined sortie by aircraft, using well-aimed gunfire & smart bombs (AND with little or NO loss of American/allied lives.), according to a school-chum who's a retired USMC pilot.

yours, sw