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Renew Deal

(84,805 posts)

48. What is risky and wrong about attacking financial reform?

Fri Jan 30, 2015, 11:48 AM

Jan 2015

I think the answers are well known now. But this is a tweet, not some congressional speech.

With Dodd-Frank Rollback, The Big Bad Banks Are Back

<snip>
The provision enables the big banks once again to use insured deposits and other taxpayer subsidies and guarantees to gamble in the derivatives markets—the very type of business that drove the 2008 financial crisis and the economic devastation that followed.
<snip>

http://www.forbes.com/sites/stevedenning/2014/12/12/with-dodd-frank-rollback-the-big-bad-banks-are-back

I'd charachterize that as "risky" and "wrong"

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Clinton looks to build support on left while keeping Wall St. friends [View all] RiverLover Jan 2015 OP

I've seen that trick before ... AtomicKitten Jan 2015 #1

It's a good thing that she has a sturdy net under that tightrope she's gonna try to walk. Autumn Jan 2015 #2

Lots of luck with that . . . hatrack Jan 2015 #3

Acting lessons might help. RiverLover Jan 2015 #6

That was cringe inducing MannyGoldstein Jan 2015 #83

Rerun of a bad movie...... marmar Jan 2015 #4

In 2008 it was pretty clear a Democrat was going to win Renew Deal Jan 2015 #10

This is always the balancing act for a credible Democratic candidate Renew Deal Jan 2015 #5

Yes, but usually vi5 Jan 2015 #8

Hillary's "talk" about income inequality and wage growth isn't exactly believable Autumn Jan 2015 #23

That's the same thing Romney said yesterday. Renew Deal Jan 2015 #24

Well damn, that sucks. Broken clock and all that shit. Autumn Jan 2015 #25

How is that quote a problem? Renew Deal Jan 2015 #28

Depends on how you read it and what class you belong to and how much faith in congress you have. eom Autumn Jan 2015 #53

“Attacking financial reform is risky and wrong,” Clinton wrote Ichingcarpenter Jan 2015 #7

That one cracked me up. RiverLover Jan 2015 #11

Just another quote we need to save...... Ichingcarpenter Jan 2015 #14

No, you need to say more. Renew Deal Jan 2015 #29

What a joke .......the two are tied together like a knot Ichingcarpenter Jan 2015 #31

Your post doesn't make sense. Renew Deal Jan 2015 #34

No profile in courage and the truth is Ichingcarpenter Jan 2015 #36

What is risky and wrong about attacking financial reform? Renew Deal Jan 2015 #48

Hell, Gramm Leach Bliley was "Financial Reform" - you do remember that, don't you? hatrack Jan 2015 #49

Who signed it? Renew Deal Jan 2015 #50

That would be her husband; and the squishy fruit doesn't fall far from the neolib tree hatrack Jan 2015 #72

Bill said we get him and her with her presidency Ichingcarpenter Jan 2015 #74

Oh please. HappyMe Jan 2015 #9

I would respect her more if she didn't bother, djean111 Jan 2015 #12

Well good luck with that. SamKnause Jan 2015 #13

Yep! Voters will be under the bus while her Wall Street buddies & their money will be in the bus. nt benz380 Jan 2015 #17

Looks like the over and over again attack on working people of the US, sounds like you would rather Thinkingabout Jan 2015 #15

You are so obvious. nt RiverLover Jan 2015 #16

What is wrong with doing both? HappyMe Jan 2015 #18

+1. We're not going to significantly raise wages without going after the 1%. winter is coming Jan 2015 #20

Nothing wrong with doing both but right now the working people needs priority. Thinkingabout Jan 2015 #33

Not necessarily. HappyMe Jan 2015 #37

I need to be able earn enough money to support myself, this is important to myself plus others Thinkingabout Jan 2015 #42

The Wall Street people and big corporations HappyMe Jan 2015 #45

Tell a kid who has to go to bed at night hungry prosecuting Wall Street is more important. Thinkingabout Jan 2015 #51

I saw what you did there. truebluegreen Jan 2015 #63

Since many are wondering why there are not some involved with Wall Street in prison, how does one Thinkingabout Jan 2015 #66

Good question, and totally off the point of the posts you were addressing. truebluegreen Jan 2015 #86

One needs to be prosecuted before going to prison or normally this is part of Thinkingabout Jan 2015 #88

Gosh I never knew that, about due process and stuff. truebluegreen Jan 2015 #90

where you gonna get the money? Ichingcarpenter Jan 2015 #38

But...but...it won't trickle down? HappyMe Jan 2015 #39

No it will not trickle down, this was Reagan's folly, started in the 80's, it has not happened, in Thinkingabout Jan 2015 #44

Fine. But you still can't yank HappyMe Jan 2015 #46

You missed the complete statement Hillary made, she said better to focus on jobs and wages. Thinkingabout Jan 2015 #54

There's a GOP Congress because Democrats didn't show up. HappyMe Jan 2015 #56

Do you know there are more Democrats than Republicans? Go figure, somebody did not show up to vote Thinkingabout Jan 2015 #61

Um, they don't like the current crop of Democrats? truebluegreen Jan 2015 #64

Exactly what I said before, they don't have a perfect candidate so they don't vote. This is a Thinkingabout Jan 2015 #67

Since when is wanting a candidate that represents you a demand for "perfect"? winter is coming Jan 2015 #78

Then if you choose not to vote because the candidate does not stand with you Thinkingabout Jan 2015 #79

Who said anything about "every issue"? Only you. winter is coming Jan 2015 #81

As I said be happy with the Republican, apparently you think not turning out to vote Thinkingabout Jan 2015 #82

I haven't said that not turning out vote "fixes the problem". winter is coming Jan 2015 #84

What? Thinkingabout Jan 2015 #89

What did Bill Clinton do to end Reaganomics & trickle down? nt RiverLover Jan 2015 #47

+1. There will be a lot of candidates talking about income inequality next year. winter is coming Jan 2015 #77

you post sounds like Ichingcarpenter Jan 2015 #19

I am neither oblvious nor naive, I wonder about those so interested in placing Wall Street above Thinkingabout Jan 2015 #35

She places Wall Street and the Financial system above the people Ichingcarpenter Jan 2015 #52

You have it backwards, you want Wall Street above the people, change your priorities, put the people Thinkingabout Jan 2015 #55

Good Grief......you are dense Ichingcarpenter Jan 2015 #57

Let's see, could having jobs at livable wages helpful to people interested in providing for their Thinkingabout Jan 2015 #60

Of course we do but Ichingcarpenter Jan 2015 #68

And you illusion of how to help working people helps who? Get the jobs going, reform the taxes Thinkingabout Jan 2015 #69

get the money from wall street, taxes and the banks Ichingcarpenter Jan 2015 #70

Oh, yea, she was for the WORKING PEOPLE. She knew Americans having jobs and a livable wage was very Thinkingabout Jan 2015 #71

I am no friend of Hillary bigwillq Jan 2015 #21

You need to take out the square brackets in the last paragraph. jeff47 Jan 2015 #22

Done. RiverLover Jan 2015 #40

Didn't she have a role in starting this TPP thing? She is going to have to learn to twist herself jwirr Jan 2015 #26

Exactly. RiverLover Jan 2015 #41

It started under W. jeff47 Jan 2015 #43

At the end of the day fredamae Jan 2015 #27

BS words for the left, all action for the right. No thanks on point Jan 2015 #30

Oh, Really libodem Jan 2015 #32

Why would a Democrat have to 'try to balance' anything when it comes to Wall St V The People? sabrina 1 Jan 2015 #58

"Isn't she aware of the evidence that Wall St is the ENEMY of the Working class?" FiveGoodMen Jan 2015 #59

A few years ago, voters might have been that stupid. But a lot has happened sabrina 1 Jan 2015 #65

No Democrat is capable of winning the presidency in 2016 without raising $1 billion. MohRokTah Jan 2015 #62

Bingo. Like it or not...it's unemotional, non-partisan fact. And the other would-be libdem4life Jan 2015 #87

We will embrace this rebellion. You will support it from our lands in the north aint_no_life_nowhere Jan 2015 #73

England is too rich and powerful and we will lose this rebellion because Washington is weak. Ichingcarpenter Jan 2015 #76

Ha! YOu can't be just a little bit corrupt, Hil. hifiguy Jan 2015 #75

The Problem is DonCoquixote Jan 2015 #80

Well, this guy "on the left" isn't fooled by this bullshit. 99Forever Jan 2015 #85