Why isn't this guy the chair of the senate banking committee?

Why isn't this guy the chair of the senate banking committee?

#1 | Posted by Hagbard_Celine at 2010-03-16 03:46 PM

This is the kind of anger I wanted to see!

Why isn't this guy the chair of the senate banking committee?

#1 | Posted by Hagbard_Celine

Because fraud is still at the heart of the Senate too.

DUH!

It's probably an act. Washington gave Wall Street a license to steal, now they're feigning disgust. Without Wall Street, Washington would have run out of money long ago.

Actually, the guy is a little bit ingenuous which is a trait of politicians---the fraud started in congress, the Fed, and other groups and wallstreet joined the party.

Doggone, Ray, great minds think synchronously.

I've noticed that, Mat. We walk among mental midgets.

#7---correction--
disingenuous.

more meaningless posturing.

look up his campaign donors.

Funny how they can rant without ONE WORD about the government fraud and malfeasance known as Fannie Mae and Freddie Mac. Their default on Sept 7th, 2008 was a major trigger for the meltdown.

No wonder everybodies chips were called in September.

Anytime you read a story like this, pointing blame at one aspect of the crisis, keep in mind it's total bullshit.

Is this guy up for re-election in Nov.?

I believe Kaufman's retiring.

I believe Kaufman's retiring.

#15 | Posted by AMERICANUNITY

Thanks, every once in awhile I get lazy.

I guess you could consider FreddieMac a part of Wall Street, even though Dem buddies were in change of the organization.

Of related interest.

- Deutsche Bank AG, JPMorgan Chase & Co., UBS AG and Hypo Real Estate Holding AG's Depfa Bank Plc unit were charged with fraud linked to the sale of derivatives to the City of Milan.

I guess you could consider FreddieMac a part of Wall Street, even though Dem buddies were in change of the organization.

#17 | Posted by MSgt

And Franklin Raines a democrat pork made millions presiding over the extensive financial fraud of Fannie.

its all control fraud, cooking the books: BofA, BCCI, Blackwater, Enron, Goldman-Sachs, Haliburton, JP Morgan-Chase, Lehman Bros, Merrill-Lynch, S&L disaster, Smith-Barney, Tycco, Wells-Fargo, Worldcom...organized crime

even Bernie Madoff was organized crime for a decade until the bigger crooks needed to throw him under the bus.

organized crime is when you have a politician in your pocket and these crooks certainly have a busload of 'em.

It's called bribery and racketeering nutcase.

Bribery and Racketeering.

And it will continue.

Because these guys OWN the legislators. They will suck america dry then move on.

If anyone poses a threat to them, they will be bought off or killed.

They've got the media, the money, the military, and the government.

I wish there were something we can do, but i dont see what that could be.

Actually Ray, I would think most of the derivatives that where going to blow up, did so in 2008-2009

...and on top of the food chain seats Goldman-Sachs who's aluminates hold the leavers of financial power in and out of this government. They make billions just for shuffling monies (printed or borrowed) for the Feds. Dems and to a lesser extend repubs are all beneficiaries as well as willing pones in this game.

See the problem is that you are forgetting how the system works.

When the Banking Collapse happened, and previous to that, Sen Richard Shelby (R) of the great state of Alabama (my home-state) was the chairman of the Senate Banking Committee.

In a totally unrelated story, The state of Alabama has 4 small cities that have been judged by Moodys and Economist magazine to be in the top 20 (including the #1 & #2 spots for Huntsville and Auburn, respectively) nationwide, in terms of future jobs growth.

I'm not saying, I'm just saying.....

I guess you could consider FreddieMac a part of Wall Street, even though Dem buddies were in change of the organization.

#17 | Posted by MSgt

I don't know if you realize it but wall street is 90% dem. They give the most to thoes who control congress.

I don't know if you realize it but wall street is 90% dem.

#26 | Posted by Sniper

wtf? is this true? link please.

wall st. is fascist. they don't give a fuck what party they have to buy.