Geithner, banks respond to Senate passage of financial overhaul

And make JPMorgan Chase priority one.

Preppers Depression is not going to get teeth.

Geithner giving money to India to build a new super hiway was superceeding his power of authority over the Fed and he should be removed and indicted for it.

Giethner = no confidence

The people will not budge.
Homes will move to a new high in turn ins.

and make JPMorgan Chase priority one.

Way to go, Democrats! You've almost completed your task of destroying this nation! I hope you're happy. But don't be happy for too long! We're retaking this country in November!

"As an industry, we pledge to make it work."

By passing the cost on to our customers! When will you people wake up, corporations pass the cost on to their customers or they go out of business. Not their fault either, but anyone want to explain why it takes 2400 pages of legislation much of it social engineering to solve a problem which could be solved simply with Glass-Steagall and Oxley-Sarbanes fix of mark to market? Answer because this was not a fix nor could it be, it is a power grab for the benefit of Freddie, Fannie, the Fed and a union kick-back.

To Georges2:
You're an idiot, but not entirely incorrect. While I don't believe Democrats intend to destroy the country, I don't think they are doing everything necessary to clean it up or going far enough to do so. This financial overhaul bill, or whatever they want to call it, isn't going to do much to help us. It won't. It's two years too late, and it doesn't deal with everything - and unfortunately, because Republicans are fickle creatures, the only way to get everything done is in one huge bill.

Republicans are destroying the country by voting "no" on everything important, and Democrats are destroying it by not doing what they were sent to Washington to do - Clean Up The Mess. Grow some balls. Stop watering down every single bill for nonexistent Republican support.

I've never seen such a neutered majority. We need more liberal Democrats or just liberals, period, in Congress - not these conservative lightweights who are just in-the-closet Republicans.

Another notch in the wood for Obama. Unfortunately it'll take several more before we even begin to reverse the damages Reagan and the Republicans imposed on this country.

More fake "reform," considering that corrupt Geithner doesn't want Elizabeth Warren to head the new Consumer Protection agency.

What's he afraid of?

Federal Reserve Bank of New York is not a government entity. So in theory it could be indicted for its role in all this.

Preppers Depression is not going to get teeth.

Geithner giving money to India to build a new super hiway was superceeding his power of authority over the Fed and he should be removed and indicted for it.

Giethner = no confidence

The people will not budge.
Homes will move to a new high in turn ins.

Posted by: dottydo
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You are SUCH an idiot. I'm sure you'll tell us where you got that little gem, right?

Federal Reserve Bank of New York is not a government entity. So in theory it could be indicted for its role in all this.

Posted by: OldAtlantic

___________________________________________
The Federal Reserve Bank of New York is one of 12 regional Reserve Banks which, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. The Fed, as the system is commonly called, is an independent governmental entity created by Congress in 1913 to serve as the central bank of the United States

Are all tea partying Republicans so ignorant -- or do they just follow the lead of Faux news and make up all their "facts"?

The Regulation's will make Bank's Less Competitive? I highly doubt that very much.

If anything it will make them more competitive and some what honest.

The more honest, the more customers, the more customers the more money, the more money the higher earnings, the higher the earnings the more you will want to compete.

And if you can't follow these sound basic business practices, then you were never meant to play in the game in the first place.

Are the democrats or the republicans destroying the country??? Both are.

It doesn't matter which is in power. Both act to preserve the wealth/power of the privileged 1%.

The democrats by destroying/taking from the middle class to throw a few crumbs at each of the very many "under-represented/repressed" blocs that make up its base -

the republicans by insulating the privileged 1% with special tax cuts and exemptions that mainly benefit the wealthy, paying for these benefits from funds taken mostly from the middle class in the form of social security surplus (and probably in the future from a VAT) and from federal tax rates that do not give special tax treatment on income from wages, pensions, retirement plans, or savings.

"Way to go, Democrats! You've almost completed your task of destroying this nation! I hope you're happy. But don't be happy for too long! We're retaking this country in November! "

Where were you for the previous two presidential terms? The system is most definitely messed up (on both sides) but one of this country's biggest problems is over-simplistic black and white thinkers.

i am not a republican or democrat and a HUGE cynic. i have no idea how this will effect me and whether not it will be good or bad. all i do know is that we as americans have to go with the flow. whoever believes that you can change this country from the ground up is horribly naive. corporations own the american people. we pay their salaries, and we also bail them out, thinking on the grand scale. everyone needs to shut up and do their jobs, and create incentive for business to be fair and consumers to be smart. the only incentive we have in this country though is to keep spending more money to live the lives we think we should be living. i have no idea what i am talking about, but just reading comments on this blog just make me laugh and realize how great it is to have the ability to see things for what they are and not try to take any credit for it. oops, maybe i just did.

Do any of these Republicans criticizing this plan have the ability to see past their own nose?! The repeal of Glass Steagal in 1999 marked the beginning of this recent disaster and yesterday's vote marks the beginning of restoring responsibility.

The years 2000-2006, which blessed us with a Republican House, Senate and White House - and in 2004 the Supreme Court - nearly killed this country.

God bless Barack Obama for having the stones to do the responsible thing instead of just pandering to the banks, as the Republicans seem intent on doing. My God, FOR ONCE, can you people please do a little homework before you weigh in with your unconsidered blabbering?

MY GOD!

The fact that Geithner has not stepped down in the wake of the HUGE conflicts of interest that exist is mind-blowing!!

He is a Wall Street, Goldman Sachs supporting loyalist--Taxpayers are just cannon fodder for him and his bankster ilk.

I think Elizabeth Warren's heart is in the right place, but she is NOWHERE near tough enough on Geithner. We need someone of Elliott Spitzer's energy to identify these criminals for what they are-- and for the unmitigated DAMAGE they have caused America!

And the Obama administration WONDERS why their ratings are down????

Why are so many Americans interested in turning the US into a copy of an African dictatorship? Why do you Americans elect politicians who clap their hands in joy when millions of Mexican socialists flow into the US every year illegally? I moved here from Europe because I thought the US was the country of sanity and good. WTF are you doing with your country?! Wake up! Vote tea party. It's the only political group who respects good values and the Constitution. Bag all other politicians and drop them over Mexico. The US is dieing because of how you Americans vote.

will be interesting to see whether increased legitimacy will increase investment. Exciting!