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Bank-Connected Mel Watt Strips H.R. 1207 of Almost Everything

I really feel a HUGE change coming in 2012, the black man wont be president again, and the repubs and dems will be thrown out...

Remember, you must take advantage of a catastrophe
 
There is an inherent fallacy here, given that many people are now recognizing the need for regulation and its being addressed from a variety of different angles.

Yet somehow we are buying, hook line sinker this assumption that only Ron Paul is the guru here. And its simply not how politics works, because assuming that some obscure congressman with little support in his own party or the majority party is going to be allowed to lead or has some totally comprehensive reform package is absurd from the get go. I too can also hope we will get that comprehensive reform, but I can bet it will not be written by Ron Paul
 
MotF Bane said:
Fixed for you.
Click to expand...

Maybe I can better explain it to you in the following way, MotF Bane is a Paul Bot still unable to accept that his hero flopped at the polls in 2008. As a result a powerful politician was able to castrate a pygmy like Ron Paul with deft political maneuvering and little effort.

Just don't assume that I am happy that Mel Watt stopped some reform. And at the end of the day, when real reform comes from the Obama cabinet, from the democratic party, and from the Republican party, its Mel Watt who is going to be the pygmy fighting a rising tide that cannot be stopped.

As it is the GWB administration saw the wholesale dismantling of regulations that took a century to put in place, I will not argue that the existing regulations were perfect or that only the GOP is to blame, but I will say that no one bill will fix it all.
 
totalnoob said:
Good to see you are the same elite-worshipping ass you've always been LK. No transparency or accountability..Just accept the anal rape of your savings, blindly trust your betters, and enjoy the ride to hell.
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Yeah, I'm going for a ride to hell. LOL, how blithely ignorant you are.

I've never been against transparency of the Fed. I'm against how this bill proposed to get it.
 
Lemon law said:
I'm a partisan hack.
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Fixed again, since you didn't get it the first time. Rising tide? 307 cosponsors on HR 1207 as of 10/26, that's over 70% of the House. What more do you need to constitute a rising tide? No, the truth of it is that you don't actually mean what you say about a rising tide. You mean you only want it to come from Obama and the Democrats, because you are a sad little partisan hack.
 
But.. but... Bush! ... Oh, wait, that doesn't apply here.

But ... but... only R's are evil and in bed with the corporate overlords at the expense of the little guy! Surely Watts has an R next to his name, right?
 
Big surprise there...

Some of corperations contributing to Watt's campaign finances

Bank of America $69,100
Wachovia Corp $69,050
American Bankers Assn $67,000
JPMorgan Chase & Co $29,422


Of course he does what they tell him to.
 
Lemon law said:
Maybe I can better explain it to you in the following way, MotF Bane is a Paul Bot still unable to accept that his hero flopped at the polls in 2008. As a result a powerful politician was able to castrate a pygmy like Ron Paul with deft political maneuvering and little effort.

Just don't assume that I am happy that Mel Watt stopped some reform. And at the end of the day, when real reform comes from the Obama cabinet, from the democratic party, and from the Republican party, its Mel Watt who is going to be the pygmy fighting a rising tide that cannot be stopped.

As it is the GWB administration saw the wholesale dismantling of regulations that took a century to put in place, I will not argue that the existing regulations were perfect or that only the GOP is to blame, but I will say that no one bill will fix it all.
Click to expand...

Either I am confused here, or you are, but it seems like you don't know what this bill is about. It isn't about deregulating anything. This bill removes legal restrictions on auditing the Federal Reserve.
 
bamacre said:
Funny, I seem to remember you liking this bill, that is, when you were actually told what it was exactly.
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Please find the post. I've always hated this bill because it's misguided. And, as far as "being told what it was exactly", I wasn't told anything, I know what it is.
 
LegendKiller said:
Please find the post. I've always hated this bill because it's misguided. And, as far as "being told what it was exactly", I wasn't told anything, I know what it is.
Click to expand...

No you didn't. You went on a tantrum yelling "the Fed is already audited by the GAO." I, or someone, had to actually explain the entire 1-page bill to you.

But, you being a high-level executive at a financial institution, no one should really care what you have to say about these matters, at least IMO.
 
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