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bhikkhu

(10,789 posts)

13. The "smartest guy on the hill" sounds like an asshat

Reply to Better Believe It (Original post)

Wed Dec 28, 2011, 11:10 PM

Dec 2011

Last edited Wed Dec 28, 2011, 11:55 PM - Edit history (1)

...spinning out a long anti-Obama narrative from two quotes taken out of context.

The Dodd-Frank bill is a good place to start, if one is interested in the banking reform that has been accomplished: http://en.wikipedia.org/wiki/Dodd%E2%80%93Frank_Wall_Street_Reform_and_Consumer_Protection_Act

While the lack of Wall Street prosecutions has been much in the news - geitner, 60 minutes and so forth - this is one of the more informative articles I've read lately: http://www.tnr.com/article/97963/SEC-banks-settlement

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Wall Street Crimes: President Obama is "effectively encouraging future financial fraud" [View all] Better Believe It Dec 2011 OP

I ProSense Dec 2011 #1

The "massive re-regulation" is ignored because it's mainly in your fantasy. JackRiddler Dec 2011 #3

Sure ProSense Dec 2011 #5

There's a difference between regulations and criminal law MFrohike Dec 2011 #49

pffffttttt.... SidDithers Dec 2011 #2

here we go again. la-dee-da. Whisp Dec 2011 #4

Maybe if the bankers would become whistleblowers, the Justice Dept would go after them. Karmadillo Dec 2011 #6

Or ProSense Dec 2011 #7

Or Karmadillo Dec 2011 #10

Or ProSense Dec 2011 #12

Or Karmadillo Dec 2011 #15

What ProSense Dec 2011 #19

What Karmadillo Dec 2011 #21

. ProSense Dec 2011 #28

. Karmadillo Dec 2011 #29

. ProSense Dec 2011 #30

Stop! Rex Dec 2011 #42

Or if they smoke a doobie. SfromCanada Dec 2011 #58

Obama. Baaaad!!11 tridim Dec 2011 #8

HA!!!! Rex Dec 2011 #43

Oustanding!!!! JoePhilly Dec 2011 #59

Why han't the Republican majority in the House dealt with this? Old and In the Way Dec 2011 #9

I acknowledge your persistent and unending personal attacks on DU'ers with a nice big ignore! Better Believe It Dec 2011 #11

Good one...see yeah! Old and In the Way Dec 2011 #14

"your tireless efforts to undermine Obama's re-election on this board. " girl gone mad Dec 2011 #16

No problem. Old and In the Way Dec 2011 #20

Oh the drama!!11! girl gone mad Dec 2011 #23

The "smartest guy on the hill" sounds like an asshat bhikkhu Dec 2011 #13

A good place to start would have been reinstating Glass-Steagall dflprincess Dec 2011 #17

The Dodd-Frank Bill is stronger in many ways than Glass-Steagall bhikkhu Dec 2011 #22

Dodd-Frank does not separate investment from commercial banking as Glass-Steagall did dflprincess Dec 2011 #26

oh bullshit - Dodd Frank is much stronger - it handles banned from Kos Dec 2011 #27

The article I linked to & quoted was not written by Matt Taibbi dflprincess Dec 2011 #31

What do you think of the Volker Rule in that context? bhikkhu Dec 2011 #36

Interesting dflprincess Dec 2011 #37

LMFAO.. yeah D/F would be much stronger SomethingFishy Dec 2011 #32

Thanks for the article - I hadn't seen that bhikkhu Dec 2011 #34

Your wikipedia link isn't working. And please read "Blowing a Hole in Dodd-Frank" Better Believe It Dec 2011 #18

...and a newer article about how that ended up working out: bhikkhu Dec 2011 #24

Matt Taibbi - Jackass, Tampon, and Mental Midget - but Rolling Stone pays him banned from Kos Dec 2011 #25

And you have no facts to refute him so SomethingFishy Dec 2011 #33

That's obviously his best and only shot! Better Believe It Dec 2011 #35

He had no facts to refute treestar Dec 2011 #46

LOL - not all of us here are above the age of 21, lol. closeupready Dec 2011 #48

That is pathetic. hifiguy Dec 2011 #60

"no prosecutions"... boppers Dec 2011 #38

The Wall Street bankstars are whining everyday about all their pals who are going to prison. Better Believe It Dec 2011 #39

Goalposts: boppers Dec 2011 #52

Prosecutions of Wall Street financial crimes are at hifiguy Dec 2011 #61

And goal posts again: "a much lower level" boppers Dec 2011 #63

+1...nt SidDithers Dec 2011 #44

du rec. nt xchrom Dec 2011 #40

Kick Better Believe It Dec 2011 #41

If something is not illegal, it can't be prosecuted treestar Dec 2011 #45

Sorry, but fraud is still illegal. girl gone mad Dec 2011 #50

Fraud is illegal, but requires proof treestar Dec 2011 #55

Just keep shifting the goal posts. girl gone mad Dec 2011 #62

Yes, because if there is no deterrent to stealing big money, closeupready Dec 2011 #47

Obviously true. Quantess Dec 2011 #51

I don't remember Obama using the phrase "not illegal", which is cited as a direct quote in the OP. Nye Bevan Dec 2011 #53

Here you go . . . gratuitous Dec 2011 #54

Do you normally remember every word or phrase President Obama utters? Better Believe It Dec 2011 #57

Recommended Autumn Dec 2011 #56