Goldman Sachs/GE now give more to Republicans

deprave

deprave

New Member
The powers that be Goldman Sachs/GE now giving more money to Republicans with ~70% while that number used to be for obama, Bama's numbers have dropped. Both super powers continue to fund both democrats and republicans because we all know they work for the exact same people, but the new trend has me thinking. One theory is that is to keep the two parties in power they want to keep it heated battle between Romney and Bama so they have increased Romneys funds to keep it a tight race. I think perhaps because Republicans are a bigger lie and can be more fascist/corporatist that perhaps they want republicans to take over cause they can get away with more, at least a bit more nationalism and corporatism while giving up on some fake socialism so to keep the rise of the police state balanced they need to switch it up. Thoughts?


[video=youtube;o_-QGNUYL5g]http://www.youtube.com/watch?v=o_-QGNUYL5g[/video]
​
 
lifegoesonbrah

lifegoesonbrah

Well-Known Member
Nothing is going to change as these corporations are what is wrong with America. General Electric is a war profiteer that owns several media outlets. Goldman Sachs is a predatory corporate bank that steals from the American people through faulty monetary policy and central banking. You all must be honored to have such awesome support for your candidates.
 
P

pottscreek

Well-Known Member
We now have to vote for the corp. or industry that will be fucking us over the least, Politicians should be required to wear sponsor patches so I know whom I'm voting for.
 
Rob Roy

Rob Roy

Well-Known Member
pottscreek said:
We now have to vote for the corp. or industry that will be fucking us over the least, Politicians should be required to wear sponsor patches so I know whom I'm voting for.
Click to expand...

While I share your concern about being fucked over....

...you don't have to vote for either douche bag. When you vote for a less evil person you are still voting for evil.
 
Mr Neutron

Mr Neutron

Well-Known Member
You could see this coming after the Wall St elite pulled a no-show on Barry after the bailout. They scared him into paying them, then they ignored him. What a tool.
 
C

ChesusRice

Well-Known Member
Mr Neutron said:
You could see this coming after the Wall St elite pulled a no-show on Barry after the bailout. They scared him into paying them, then they ignored him. What a tool.
Click to expand...
Might have something to do with
The TARP money given to them when Bush was president (something Ryan voted for) didn't have strings attached to it
Like the Loans we gave them under the stimulus Obama approved
Or maybe the Consumer protection Laws obama got thru congress
Or the Wall Street Reform measures that were put in place
Yep If old barry obama is in the pocket of Wall street
He sure aint showing it
 
Mr Neutron

Mr Neutron

Well-Known Member
ChesusRice said:
Might have something to do with
The TARP money given to them when Bush was president (something Ryan voted for) didn't have strings attached to it
Like the Loans we gave them under the stimulus Obama approved
Or maybe the Consumer protection Laws obama got thru congress
Or the Wall Street Reform measures that were put in place
Yep If old barry obama is in the pocket of Wall street
He sure aint showing it
Click to expand...
Better to be silent and let others think you a fool, than to break silence and remove all doubt.
 
deprave

deprave

New Member
ChesusRice said:
Might have something to do with
The TARP money given to them when Bush was president (something Ryan voted for) didn't have strings attached to it
Like the Loans we gave them under the stimulus Obama approved
Or maybe the Consumer protection Laws obama got thru congress
Or the Wall Street Reform measures that were put in place
Yep If old barry obama is in the pocket of Wall street
He sure aint showing it
Click to expand...
Then why did he appoint them to be his cabinet? And to regulate themselves? Mind you he still gets a good chunk of cash
 
C

ChesusRice

Well-Known Member
deprave said:
Then why did he appoint them to be his cabinet? And to regulate themselves? Mind you he still gets a good chunk of cash
Click to expand...
name one president in the last 70 years that did not have ex members of wall street firms in their administration
just one
 
C

ChesusRice

Well-Known Member
Oh Yeah Obama is in Wall Street's Pocket

It has now been two years since the collapse of Bear Stearns and more than a
year since the financial crisis peaked. Trillions of dollars in household wealth
were erased and over 8 million jobs were lost, in large part, because of
failures in our financial system. That failed regulatory system will now come to
an end.

The Obama Administration has made Wall Street reform a top priority since day
one, and it will now become a reality. Wall Street Reform will hold Wall Street
accountable, protect and empower American consumers with the strongest consumer
protections ever, increase transparency in financial dealings -- including in
the derivatives market -- and end taxpayer bailouts once and for all.

1. Holding Wall Street Accountable


The financial crisis was the result of a fundamental failure from Wall
Street to Washington. Wall Street took irresponsible risks that they didn’t
fully understand and Washington did not have the authority to properly monitor
or constrain risk-taking at the largest firms. When the crisis hit, they did not
have the tools to break apart or wind down a failing financial firm without
putting the American taxpayer and the entire financial system at risk.

Taxpayers Will Not Have To Bear The Costs Of Wall Street’s
Irresponsibility. If a firm fails in the future it will be Wall Street
– not the taxpayers – that pay the price.

“Proprietary Trading” Will Be Separated From The Business of Banking.
The “Volcker Rule” will ensure that banks are no longer allowed to own,
invest, or sponsor hedge funds, private equity funds, or proprietary trading
operations for their own profit, unrelated to serving their customers.
Responsible trading is a good thing for the markets and the economy, but firms
should not be allowed to run hedge funds and private equity funds while running
a bank.

Ending Bailouts. No firm should be “Too Big To Fail”. Reform
will constrain the growth of the largest financial firms; restrict the riskiest
financial activities; and create a mechanism for the government to shut down
failing financial companies without precipitating a financial panic that leaves
taxpayers and small businesses on the hook.

2. Protecting American Families From Unfair, Abusive Financial
Practices


Too many responsible American families have paid the price for an
outdated regulatory system that left our financial system vulnerable to collapse
and left families without adequate protections. We must protect and empower
families with the strongest consumer protections ever.

An Independent Bureau of Consumer Financial Protection Will Set And
Enforce Clear, Consistent Rules For The Financial Marketplace. A single
consumer bureau will set clear rules of the road and ensure that financial firms
are held to high standards. For example:



  • For families who want to buy a home: The piles of forms
    needed for a regular mortgage can be overwhelming, and many brokers have taken
    advantage of that confusion to give borrowers loans they didn’t need or couldn’t
    afford. The new consumer financial protection bureau will take steps to
    consolidate and simplify with plain language two overlapping and sometimes
    inconsistent federal mortgage forms. The bureau will, for the first time,
    provide ongoing federal oversight of both nonbank companies and banks in the
    mortgage market and protect borrowers from unfair, deceptive or other illegal
    mortgage lending practices.
  • For families with credit cards: The new consumer financial
    protection bureau will enforce the new credit card law signed by President Obama
    that bans rate hikes on existing balances and other unfair practices. For
    families who have used credit cards to get by when times are tight, the law will
    give them clarity on the interest rates they are charged.
  • For families caught by unexpected overdraft fees: Many
    households have been automatically enrolled in expensive overdraft programs.
    These programs can hit consumers with costly overdraft fees for even the
    smallest purchases. For example, the FDIC found that the average overdraft
    charge for a single purchased item—like a $2 cup of coffee—is $30 at banks with
    assets more than $1 billion. The new consumer financial protection bureau will
    enforce new rules that give consumers a real choice as to whether to join
    expensive overdraft programs so that they are not unknowingly charged
    unnecessary fees. [FDIC, “FDIC Study of Bank Overdraft Programs” (November 2008)
    at Table IV‐3]

Until Now, There Have Been Seven Different Regulators With Authority
Over The Consumer Financial Services Marketplace. Accountability has
been lacking because responsibility is diffuse and fragmented. In addition, many
mortgage lenders and mortgage brokers were almost completely unregulated. All
that will change..

3. Closing The Gaps In Our Financial System


We depserately needed to modernize our financial system and take the
necessary steps to close the gaps in our system and eliminate regulatory
arbitrage.

Reform Will Address the Gaps that led to Regulatory Failure – At Its
Peak, The “Shadow Banking System” Financed About $8 Trillion In Assets.
In the lead-up to the financial crisis, our regulatory system as a whole failed.
One of the greatest weaknesses of our financial system was the risk that built
up in the “shadow banking” system where there was explosive growth in a range of
financial firms that acted much like banks – but operated without oversight.

Market Discipline Was Not Enough. Relying on market
discipline to compensate for weak regulation and then leaving it to the
government to clean up the mess was not a good strategy for economic growth nor
financial security.

Our Financial System Will Have Clear Accountability. There
is no substitute for vigorous, consistent enforcement of the laws governing the
financial system. But each regulator should have a clear mission and the
authority to execute that mission.



  • Gaps and loopholes that allowed large firms like AIG to avoid strong,
    comprehensive federal oversight will be eliminated.
  • To achieve accountability, one entity will have the responsibility and the
    authority to supervise the most complicated firms.

4. Reform is Critical to Market Certainty and Stable Growth


Reform is central to providing a foundation for stable growth. Our
financial system is most competitive when our system is stable, resilient and
transparent.

Reforms Will Make The Financial Industry And
The Markets They Operate In Stronger, Safer, And More Competitive.



  • Clearer accountability in supervision and regulation so that financial firms
    can operate under a coherent set of rules and expectations without the current
    regulatory arbitrage opportunities that allow some firms to “game the
    system.”
  • Stronger capital buffers to increase the ability of financial companies to
    weather the ups and downs of financial markets.
  • Lesser concentration of risk among the largest financial firms so that any
    one firm can fail without creating a domino effect throughout the entire
    financial system that jeopardizes jobs, family savings and the entire economy
    .
  • Greater transparency in the derivatives market that will make the system
    safer by providing regulators with the data they need to manage systemic risk
    and help ensure the integrity of financial markets so we can prevent future
    AIG-like disasters.

Comprehensive Reform Will Help Generate Innovation And Economic
Growth. A key test of a strong financial system is whether or not it
effectively channels savings to finance future innovation. The old system
produced waves of credit bubbles and real estate booms followed by severe
financial shocks and damage. Under reform, the financial system serve not only
short-term profits, but long-term growth, entrepreneurship, and savings.

Leading the Way on International Financial Reform. We have
worked in parallel with our international partners to make sure that as we move
to reform and strengthen our financial system at home, the G20 is moving to
implement reforms to achieve a level playing field.
 
deprave

deprave

New Member
ChesusRice said:
Oh Yeah Obama is in Wall Street's Pocket

It has now been two years since the collapse of Bear Stearns and more than a
year since the financial crisis peaked. Trillions of dollars in household wealth
were erased and over 8 million jobs were lost, in large part, because of
failures in our financial system. That failed regulatory system will now come to
an end.

The Obama Administration has made Wall Street reform a top priority since day
one, and it will now become a reality. Wall Street Reform will hold Wall Street
accountable, protect and empower American consumers with the strongest consumer
protections ever, increase transparency in financial dealings -- including in
the derivatives market -- and end taxpayer bailouts once and for all.

1. Holding Wall Street Accountable


The financial crisis was the result of a fundamental failure from Wall
Street to Washington. Wall Street took irresponsible risks that they didn’t
fully understand and Washington did not have the authority to properly monitor
or constrain risk-taking at the largest firms. When the crisis hit, they did not
have the tools to break apart or wind down a failing financial firm without
putting the American taxpayer and the entire financial system at risk.

Taxpayers Will Not Have To Bear The Costs Of Wall Street’s
Irresponsibility. If a firm fails in the future it will be Wall Street
– not the taxpayers – that pay the price.

“Proprietary Trading” Will Be Separated From The Business of Banking.
The “Volcker Rule” will ensure that banks are no longer allowed to own,
invest, or sponsor hedge funds, private equity funds, or proprietary trading
operations for their own profit, unrelated to serving their customers.
Responsible trading is a good thing for the markets and the economy, but firms
should not be allowed to run hedge funds and private equity funds while running
a bank.

Ending Bailouts. No firm should be “Too Big To Fail”. Reform
will constrain the growth of the largest financial firms; restrict the riskiest
financial activities; and create a mechanism for the government to shut down
failing financial companies without precipitating a financial panic that leaves
taxpayers and small businesses on the hook.

2. Protecting American Families From Unfair, Abusive Financial
Practices


Too many responsible American families have paid the price for an
outdated regulatory system that left our financial system vulnerable to collapse
and left families without adequate protections. We must protect and empower
families with the strongest consumer protections ever.

An Independent Bureau of Consumer Financial Protection Will Set And
Enforce Clear, Consistent Rules For The Financial Marketplace. A single
consumer bureau will set clear rules of the road and ensure that financial firms
are held to high standards. For example:



  • For families who want to buy a home: The piles of forms
    needed for a regular mortgage can be overwhelming, and many brokers have taken
    advantage of that confusion to give borrowers loans they didn’t need or couldn’t
    afford. The new consumer financial protection bureau will take steps to
    consolidate and simplify with plain language two overlapping and sometimes
    inconsistent federal mortgage forms. The bureau will, for the first time,
    provide ongoing federal oversight of both nonbank companies and banks in the
    mortgage market and protect borrowers from unfair, deceptive or other illegal
    mortgage lending practices.
  • For families with credit cards: The new consumer financial
    protection bureau will enforce the new credit card law signed by President Obama
    that bans rate hikes on existing balances and other unfair practices. For
    families who have used credit cards to get by when times are tight, the law will
    give them clarity on the interest rates they are charged.
  • For families caught by unexpected overdraft fees: Many
    households have been automatically enrolled in expensive overdraft programs.
    These programs can hit consumers with costly overdraft fees for even the
    smallest purchases. For example, the FDIC found that the average overdraft
    charge for a single purchased item—like a $2 cup of coffee—is $30 at banks with
    assets more than $1 billion. The new consumer financial protection bureau will
    enforce new rules that give consumers a real choice as to whether to join
    expensive overdraft programs so that they are not unknowingly charged
    unnecessary fees. [FDIC, “FDIC Study of Bank Overdraft Programs” (November 2008)
    at Table IV‐3]

Until Now, There Have Been Seven Different Regulators With Authority
Over The Consumer Financial Services Marketplace. Accountability has
been lacking because responsibility is diffuse and fragmented. In addition, many
mortgage lenders and mortgage brokers were almost completely unregulated. All
that will change..

3. Closing The Gaps In Our Financial System


We depserately needed to modernize our financial system and take the
necessary steps to close the gaps in our system and eliminate regulatory
arbitrage.

Reform Will Address the Gaps that led to Regulatory Failure – At Its
Peak, The “Shadow Banking System” Financed About $8 Trillion In Assets.
In the lead-up to the financial crisis, our regulatory system as a whole failed.
One of the greatest weaknesses of our financial system was the risk that built
up in the “shadow banking” system where there was explosive growth in a range of
financial firms that acted much like banks – but operated without oversight.

Market Discipline Was Not Enough. Relying on market
discipline to compensate for weak regulation and then leaving it to the
government to clean up the mess was not a good strategy for economic growth nor
financial security.

Our Financial System Will Have Clear Accountability. There
is no substitute for vigorous, consistent enforcement of the laws governing the
financial system. But each regulator should have a clear mission and the
authority to execute that mission.



  • Gaps and loopholes that allowed large firms like AIG to avoid strong,
    comprehensive federal oversight will be eliminated.
  • To achieve accountability, one entity will have the responsibility and the
    authority to supervise the most complicated firms.

4. Reform is Critical to Market Certainty and Stable Growth


Reform is central to providing a foundation for stable growth. Our
financial system is most competitive when our system is stable, resilient and
transparent.

Reforms Will Make The Financial Industry And
The Markets They Operate In Stronger, Safer, And More Competitive.



  • Clearer accountability in supervision and regulation so that financial firms
    can operate under a coherent set of rules and expectations without the current
    regulatory arbitrage opportunities that allow some firms to “game the
    system.”
  • Stronger capital buffers to increase the ability of financial companies to
    weather the ups and downs of financial markets.
  • Lesser concentration of risk among the largest financial firms so that any
    one firm can fail without creating a domino effect throughout the entire
    financial system that jeopardizes jobs, family savings and the entire economy
    .
  • Greater transparency in the derivatives market that will make the system
    safer by providing regulators with the data they need to manage systemic risk
    and help ensure the integrity of financial markets so we can prevent future
    AIG-like disasters.

Comprehensive Reform Will Help Generate Innovation And Economic
Growth. A key test of a strong financial system is whether or not it
effectively channels savings to finance future innovation. The old system
produced waves of credit bubbles and real estate booms followed by severe
financial shocks and damage. Under reform, the financial system serve not only
short-term profits, but long-term growth, entrepreneurship, and savings.

Leading the Way on International Financial Reform. We have
worked in parallel with our international partners to make sure that as we move
to reform and strengthen our financial system at home, the G20 is moving to
implement reforms to achieve a level playing field.
Click to expand...

What a crock of shit, did you read that? Wall Street Reform will hold Wall Street
accountable

Typical propaganda from the left wing, this word 'reform' is tossed around but never defined clearly and specifically, only some vague proposals


Wall Street will hold Wall Street Accountable when turds fly
 
C

ChesusRice

Well-Known Member
deprave said:
What a crock of shit, did you read that? Wall Street Reform will hold Wall Street
accountable


Wall Street will hold Wall Street Accountable when turds fly
Click to expand...
You really need to move on from the "turtle fucker"
he didnt make muster. the majority of citizens think his ideas suck and he is a whack job along with his supporters
 
deprave

deprave

New Member
ChesusRice said:
You really need to move on from the "turtle fucker"
he didnt make muster. the majority of citizens think his ideas suck and he is a whack job along with his supporters
Click to expand...
Move on? I am not in a relationship......Funny you see it that way..you probably would suck king obama's dick


No I fucking see the Democrats AND Republicans for what they are...Criminal Enterprises...
 
C

ChesusRice

Well-Known Member
deprave said:
Move on? I am not in a relationship......Funny you see it that way..you probably would suck king obama's dick


No I fucking see the Democrats AND Republicans for what they are...Criminal Enterprises...
Click to expand...
Well then
move on to the next third party candidate
and this time dont put so much stock into a old racist john bircher like ron paul
 
deprave

deprave

New Member
ChesusRice said:
Well then
move on to the next third party candidate
and this time dont put so much stock into a old racist john bircher like ron paul
Click to expand...
????????????????????????????????????

What are you even fucking talking about

????????????????????????????????????

Why you bring up Ron Paul out of the blue always


??????????????????????????????????????

Your fucking obsessed
 
C

ChesusRice

Well-Known Member
My best Deprave impersonation
"oh the left sucks"
"oh the right sucks"
" they are both the same they all suck"

I dont hear any solutions only whining
And dont tell me you are not butt hurt Ron paul didnt make the list.....again
 
deprave

deprave

New Member
ChesusRice said:
My best Deprave impersonation
"oh the left sucks"
"oh the right sucks"
" they are both the same they all suck"

I dont hear any solutions only whining
And dont tell me you are not butt hurt Ron paul didnt make the list.....again
Click to expand...
I put forth more suggestions than you Mr Copy/Pasta ...Typical statist drivel, your a damn zombie and I know better then to attempt to have a constructive discussion with a statist zombie or I just get responses of denial like this.

"Nu UH MASA SERVE ME GOOD TAKE CARE OF ME YOUR WRONG YOUR CRAZY?!??!" <--Cheesus Impersonation
 
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