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Atman (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 09:47 AM Original message |
What is so complicated about financial reform? Can't they just reinstate Glass Steagall? |
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daleanime (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 09:49 AM Response to Original message |
1. That part of the problem... |
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MadHound (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 09:52 AM Response to Original message |
2. What, and piss off their corporate masters? There's an election coming up after all, |
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alfredo (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 09:54 AM Response to Original message |
3. I just sent "reinstate Glass Steagall" to Ben Chandler. That's all |
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msongs (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 09:59 AM Response to Original message |
4. lobbyists who are writing the bill don't want to do that - nt |
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Kalun D (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 10:09 AM Response to Original message |
5. It's Not Complicated At All |
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FrenchieCat (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 10:16 AM Response to Original message |
6. Because I'm not sure a company like Goldman Sachs would be considered a Commercial Bank...... |
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Stephanie (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 10:19 AM Response to Reply #6 |
7. I think GS *became* a commercial bank after the meltdown |
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FrenchieCat (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 10:31 AM Response to Reply #7 |
8. Yes, it appears so...... |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 10:52 AM Response to Reply #8 |
9. Why did they want to change their status? |
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FarCenter (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 11:05 AM Response to Reply #9 |
12. So theoretically, the government should not have let GS and MS become banks and let them fail |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 11:09 AM Response to Reply #12 |
14. The commercial banks should be separated from the investment banks... |
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FarCenter (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 11:44 AM Response to Reply #14 |
20. But you still have the problem of how to rescue the investment banks |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 09:37 PM Response to Reply #20 |
29. Why should "we" rescue the "investment" banks. |
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laughingliberal (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 11:05 AM Response to Reply #9 |
13. +1 nt |
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Demeter (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 10:55 AM Response to Original message |
10. the Problem Has Gotten Much Bigger Since the Repeal |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 11:02 AM Response to Reply #10 |
11. investment banks should not be protected by the FDIC... |
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FrenchieCat (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 11:21 AM Response to Reply #11 |
17. List the current investment banks that exist..... |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 10:05 PM Response to Reply #17 |
30. In name, there are none... |
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Atman (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 11:10 AM Response to Reply #10 |
15. Well, I did bring that up in my OP. FrenchieCat take note: |
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FrenchieCat (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 11:20 AM Response to Reply #15 |
16. I was simply addressing the point of your OP asking about "re-instating" Glass Steagall? |
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Atman (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 11:33 AM Response to Reply #16 |
18. Those were questions, Frenchie. |
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FrenchieCat (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 11:36 AM Response to Reply #18 |
19. I understand what you were asking...... |
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grahamhgreen (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 12:44 PM Response to Original message |
21. Repeal GS - and the financial sevices modernization act! |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 12:53 PM Response to Original message |
22. Because our government has been corrupted by big business and |
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Sebastian Doyle (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 12:54 PM Response to Original message |
23. Roll back every law passed since 1981 |
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Enthusiast (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 01:18 PM Response to Reply #23 |
24. +1 nt |
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merkins (309 posts) Send PM | Profile | Ignore | Sun Apr-25-10 07:49 PM Response to Original message |
25. Just like the single payer health-care |
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Festivito (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 08:53 PM Response to Original message |
26. Because we have lying lobbyists lying though a sole lying media. /nt |
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BlooInBloo (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 08:55 PM Response to Original message |
27. "What is so complicated about.." - Americans' favorite opening. |
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Atman (1000+ posts) Send PM | Profile | Ignore | Sun Apr-25-10 09:25 PM Response to Reply #27 |
28. It's not my favorite opening. |
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