General Discussion

KoKo

(84,711 posts)

49. Yes! Those who've been reading the savvy Financial Blogs since the Implosion

Mon Jan 23, 2012, 07:36 PM

Jan 2012

have seen too much evidence that Nationalizing the Banks like we did when the "Savings & Loan's" imploded would have been the better way!

Instead it's been: "Extend and Pretend" because there are forces on Wall Street who want to gut out SS/Midicare and make our Wages and Salaries dependent or on parity with "Emerging Nations Labor Force."

We are not allowed to post website who speak about this here on DU3...but the Financial Forum Here and on DU2 did incredible work on these Financial Issues.

Maby some folks here should check out the current Economics Forum. (I don't know if it's the same when Ozy was doing it...but DU'er Demeter has done an incredible job on the "old site" posting articles and I suspect that Ozy's legacy are doing a credible job over here.

I am an "Occupy DU2" poster and I only came over here because if Obama does put this "Settlement" in his SOU Speech, I felt I had to come over to here to protest.

I'm out of here now. I don't exist....except to Occupy DU2.

Over and Out.......

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Highlight:

Obama Is on the Brink of a Settlement With the Big Banks�and Progressives Are Furious [View all] XemaSab Jan 2012 OP

Color me FURIOUS northoftheborder Jan 2012 #1

They knew all along that it would be a slap on the wrist... trumad Jan 2012 #2

this gives me chest pain grasswire Jan 2012 #3

Same here. truedelphi Jan 2012 #88

so the 'deal' hasn't been announced yet and 'progressives are furious' how's that happen? spanone Jan 2012 #4

so the "deal" is increasingly confirmed and apologists are spinning furiously villager Jan 2012 #12

apologists....is that what i am for asking a question....showing yer ass spanone Jan 2012 #15

Post removed Post removed Jan 2012 #26

A Bidet is considered useful by some Dragonfli Jan 2012 #71

So your next comment gets hidden just for simply quoting the poster above? LiberalLovinLug Jan 2012 #126

It's all about ramping up the rumors. jaxx Jan 2012 #13

It's a preemptive hissy not unlike FDL announcing that at the 2011 SOTU address AtomicKitten Jan 2012 #18

So are you saying that the centrists are ok with this deal? rhett o rick Jan 2012 #23

i'm saying i don't know what the hell the deal is. neither do YOU or anyone else. spanone Jan 2012 #24

Senator Sherrod Brown. PA Democrat Jan 2012 #27

Let's assume Sherrod Brown as well as the journalists reporting this story.. girl gone mad Jan 2012 #28

He will not respond whether or not he supports the deal until after the president makes a decision. rhett o rick Jan 2012 #32

Was that supposed to be funny? tblue Jan 2012 #36

It wasnt intended to be funny. I suspect your laughter is hysteria setting in. rhett o rick Jan 2012 #56

i'm not in the assuming business. are you? spanone Jan 2012 #46

Do you support giving the banksters immunity or not? nt rhett o rick Jan 2012 #76

I know what I want, and I am curious what you want. This has come up many times before. rhett o rick Jan 2012 #31

hate progressives? are you drunk? spanone Jan 2012 #47

The poster could not be drunk i_sometimes Jan 2012 #50

Wait one minute. I might be drunk. I do some of my best....ah, best.... Anyway rhett o rick Jan 2012 #53

Lol, its early...or late, depending.... i_sometimes Jan 2012 #62

If I am wrong, I certainly appologize. Maybe I misunderstood your post. rhett o rick Jan 2012 #52

Crickets..... LiberalLovinLug Jan 2012 #127

It is not my intention to fight with these "people". rhett o rick Jan 2012 #132

Exactly LiberalLovinLug Jan 2012 #133

Exactly rhett o rick Jan 2012 #137

+1 progressoid Jan 2012 #84

How many times. sendero Jan 2012 #100

Watch them structure this so that the banks get to claim loss deductions for tax purposes. AnotherMcIntosh Jan 2012 #5

Which would allow them to deduct a de facto criminal conduct fine against their taxes... LooseWilly Jan 2012 #95

I am sure the papers are already written up. truedelphi Jan 2012 #131

If you do it the right way, you'll even have enough money left over for campaign contributions. AnotherMcIntosh Jan 2012 #135

Hey, I am a Chicago born and raised truedelphi Jan 2012 #139

Paul Soglin is an amazing person. It's good to see that he is on the job and still appreciated. AnotherMcIntosh Jan 2012 #140

from MoveOn handmade34 Jan 2012 #6

That's ProSense Jan 2012 #19

I find links here a bit distracting jsmirman Jan 2012 #39

Post removed Post removed Jan 2012 #64

Yeah, he will surely see that petition... i_sometimes Jan 2012 #63

I signed and wrote the following jsmirman Jan 2012 #38

banks get bailed out, we get sold out.... mike_c Jan 2012 #7

No.Fucking.Shit. truebrit71 Jan 2012 #10

"Absence of Investigations" - and punishment - for such widespread fraud jsmirman Jan 2012 #8

"Civil immunity would be granted to the banks"....yeah, fuck that.... truebrit71 Jan 2012 #9

This is so in our faces! OWS is gonna love this. SammyWinstonJack Jan 2012 #40

And he has the nerve to tout this deal in his SOTU speech. girl gone mad Jan 2012 #11

K & R Missy Vixen Jan 2012 #14

The sellouts to, and protection of the banksters, have attained a certain *shrug* factor. Tierra_y_Libertad Jan 2012 #16

What? Incentives for the big finance boyz not to do it again? gratuitous Jan 2012 #17

I guess after-office employment is taken care of DrDan Jan 2012 #20

heheheh SammyWinstonJack Jan 2012 #41

Well, he has to free up marsis Jan 2012 #21

"Make No Mistake: America's bankers have suffered enough" MannyGoldstein Jan 2012 #22

Once again, you got me laughing and truedelphi Jan 2012 #89

x2. Thanks for saying it. AnotherMcIntosh Jan 2012 #106

Thanks for posting. PA Democrat Jan 2012 #25

Oh and don't forget, in a related matter, the fifty billion dollars of truedelphi Jan 2012 #91

Now dont be so hard on Obama. He got the banks to give in some. rhett o rick Jan 2012 #29

What else could he do? Tell the banks it's our country not theirs just1voice Jan 2012 #80

*Sigh*.....amen to that. nt AverageJoe90 Jan 2012 #110

DURec bvar22 Jan 2012 #30

Like I said - where the hell is our TRANSPARENCY??? jsmirman Jan 2012 #35

It was all bullshit! SammyWinstonJack Jan 2012 #42

bvar22....Thank you much for this "Fact Check!" n/t KoKo Jan 2012 #51

Fool me once... progressoid Jan 2012 #85

K&R EFerrari Jan 2012 #33

It's not Obama. It;s the AGs who are running this show. nanabugg Jan 2012 #34

What's a "pretend-progressives"? tblue Jan 2012 #37

I've always found PPI to be an oxymoron considering their business first Republicanesque policies Dragonfli Jan 2012 #73

Yeah, okay. SammyWinstonJack Jan 2012 #43

Obama has been pressuring for bank settlements for months. woo me with science Jan 2012 #44

This message was self-deleted by its author KoKo Jan 2012 #45

What GOP line? The GOP wants the banks punished? I do, do you? If you dont, maybe you rhett o rick Jan 2012 #55

The AGs were being pressured NOT to prosecute the Banks. That failed when their sabrina 1 Jan 2012 #66

We should have nationalized the banks B Calm Jan 2012 #48

Yes! Those who've been reading the savvy Financial Blogs since the Implosion KoKo Jan 2012 #49

Right you are. Too bad no one in truedelphi Jan 2012 #93

k&r Cameron27 Jan 2012 #54

I suspect it's more than progressives who will be enraged. woo me with science Jan 2012 #57

Just when it was starting to look.. sendero Jan 2012 #101

He's got it made. Who else will the majority vote for? Gingrich? Rmoney? AnotherMcIntosh Jan 2012 #108

Bankers are the overlords sarcasmo Jan 2012 #58

K&R.... KoKo Jan 2012 #59

Color Me Furious... K & R !!! WillyT Jan 2012 #60

Most of the Progressives are gone..but another "K&R" in case more are lurking." n/t KoKo Jan 2012 #61

'most of the progressives are gone' sabrina 1 Jan 2012 #67

This message was self-deleted by its author KoKo Jan 2012 #70

Glad you did! sabrina 1 Jan 2012 #74

Goldman Sachs owns Obama. Odin2005 Jan 2012 #65

Hard on Obama? This place is the joke. Xtraneous Jan 2012 #68

NOOOOOOOOOO!!!!!! alp227 Jan 2012 #69

K&R n/t PhoenixAbove Jan 2012 #72

Again? Swede Jan 2012 #75

Kick Scurrilous Jan 2012 #77

The Banks Own The Place: blkmusclmachine Jan 2012 #78

Bill Moyers just produced a great show on the topic just1voice Jan 2012 #79

thanks for posting. dont understand how anyone can watch this and still support anyone in office xiamiam Jan 2012 #116

Obama is (fill in the blank), and progressives are furious. boppers Jan 2012 #81

Boppers, you stated �Oh, and underwater does not equal fraud.� ms.smiler Jan 2012 #87

What on earth would make a person think a credit rating agency, appraisal agency... boppers Jan 2012 #90

It is easy to be objective and make the comments you are making now that the truedelphi Jan 2012 #94

My "ears" stopped at: boppers Jan 2012 #99

It was h-a-p-p-e-n-i-n-g truedelphi Jan 2012 #129

I'm not arguing that it wasn't happening. boppers Jan 2012 #141

The real estate market can be risky, ronnie624 Jan 2012 #142

Engaging in gambling is not a crime. boppers Jan 2012 #143

Boppers, what party or organization should a homeowner trust for an appraisal or determination of ms.smiler Jan 2012 #97

What an odd set of questions. boppers Jan 2012 #102

Yes, homes can lose value. Many factors actually play a role in the value of a home. ms.smiler Jan 2012 #103

you make several points which i've also questioned xiamiam Jan 2012 #119

Heart felt appreciation for your turning the tables on that poster. truedelphi Jan 2012 #130

The headline's use of "progressives" minimizes what would be an outrage to everyone. JackRiddler Jan 2012 #82

So Rex Jan 2012 #83

Kick,, nom ...Obama needs to read Jefferson again Ichingcarpenter Jan 2012 #86

Which is why the Fed replaced *pure* private banking.... boppers Jan 2012 #92

And what do the attornies general say? lonestarnot Jan 2012 #96

Something we might all be able to agree on... quakerboy Jan 2012 #98

I am so sick and tired of criminals (individual and corporate) avebury Jan 2012 #104

More crime little fines and bigger bonuses kemah Jan 2012 #105

Political Push Moves a Deal on Mortgages Inches Closer ProSense Jan 2012 #107

Post removed Post removed Jan 2012 #109

There are at least 4-5 duplicates of this exact same OP already posted. AtomicKitten Jan 2012 #113

Looks like you found one (not me) slay Jan 2012 #118

here you go AtomicKitten Jan 2012 #120

Alternatively, top-down change is not feasible and instead WE ARE THE ONES WE'VE BEEN WAITING FOR. proverbialwisdom Jan 2012 #122

Just noticed your posting after I posted this and a few other articles on the subject. Better Believe It Jan 2012 #111

I Just noticed your posting after I posted this and a few other articles on the subject. Better Believe It Jan 2012 #112

Which is more important.. X_Digger Jan 2012 #114

When are we gonna let these corrupt criminal banks die already? Initech Jan 2012 #115

But.. but.. there are many - even here on DU - who claim Obama is perfect and can do no wrong slay Jan 2012 #117

No deal reached. AtomicKitten Jan 2012 #121

If there were no settlements, the legal system would crash treestar Jan 2012 #123

Treestar, which approach seems prudent to you? ms.smiler Jan 2012 #124

Every case is going to be different treestar Jan 2012 #138

Totally agree with you. Especilly given that there are several truedelphi Jan 2012 #145

But there have been successful civil cases. In fact if it were not for those cases sabrina 1 Jan 2012 #128

K&R (nt) T S Justly Jan 2012 #125

I'm trying to decide how I feel about this in the reverse, i.e., what do I want the outcome to be. stevenleser Jan 2012 #134

Post removed Post removed Jan 2012 #136

This message was self-deleted by its author redqueen Jan 2012 #144