Money Beat

Where has he been? Sleeping like the others in this democratic do nothing congress?

Yeah, it was the Democrats fault for the past 18 months when they were in control of Congress. Let's not even look at the previous twelve years of Republican control of Congress or the last eight years in the whitehouse.

OBAMA IN WALL STREET MESS UP TO HIS NECK

Read all about it!

http://noquarterusa.net/blog/2008/09/16/obamas-finance-chair-failed-bank-owner-penny-pritzker-and-todays-wall-street-problem/

This is all show for the public and wont end up resolving anything or leading to any criminal charges. These congressional hearings never do.

OBAMA IN WALL STREET MESS UP TO HIS NECK

Read all about it!

http://noquarterusa.net/blog/2008/09/16/obamas-finance-chair-failed-bank-owner-penny-pritzker-and-todays-wall-street-problem/

In retrospective of what is going on in Wall Street, you know what the difference between a sound investment bank and a failing one is,lipstick.

All these CEO's should be in jail; not in front of Congress. 10 years ago I used to say there was no need for unions anylonger, they had run their course. Now seeing these corporate pigs raking in millions while the workers suffer makes me rethink that concept. These CEOs wouldn't make a red cent if it weren't for the average joe working his butt off every day where the tire hits the road. These CEOs probably have huge boats and vacation homes while their average worker doesn't have time to rent a kyak on the weekends. Send em all to jail (or Hell)........ ;-)

You are right, "Ken." These hearings are just for show, to appease the public.

Congress is always a day late and a dollar short. They always show up to investigate after the fact when things are in ruin. If you are, and have been, financially sound for the last 8 years, then by all means vote for McCain and Palin.

Congress doesn't have any authority to give judgment or level punishments, do they? That's for the courts to do. Why does Congress hold these hearings anyway?

Waxman is the consummate partisan. He should start in order. Have a hearing on the Freddie and Fannie collapse. There is a scandal of enourmous proportions there. But it would implicate his fellow Democrats and Democrat appointees at every level. So let's just skip that and his friends in the press will give a free pass. Read this and weep. http://article.nationalreview.com/?q=NDA4YTY1N2ZhMDhmNjIwNTk4OTI2MDYxZWU4NDg1Y2Q

It's about time this do-nothing congress does something. The problems with Freddie and Fannie have reared their ugly little heads on the democrat's watch over the past two years. Where has congress been? Interesting that Senator Dodd is number one for receiving money from them. Senator Obama is number two on the money list. Why hasn't that been made public by the media? I wonder. We're all paying because democrats believe it is everyone's right to own a home, whether they can afford it or not. I disagree. By the way, Senator McCain has been one of the lone voices over the past several years raising the alarm He gets it. Senator Obama still does not.

All of CON Gress is to blame.

Blame equals La Guillotine - - -

As usual, a few at the top walk away with 8-figure separation packages while the workers are pushed out to the street. Taxpayers will pay untold millions to rectify this mess. 1) Our founding fathers (and my frugal grandfather) are rolling in their graves and 2) our kids (and this frugal, home OWNING taxpayer) are in a world of hurt.

Closing the barn after the horse left. The government increasingly run on reactive basis rather than proactive

Let me repeat to those Republicans in here who don't understand their government and how it works. The recession occurred over seven and half years "during" the Bush administration with the first four years being controlled by a Republican legislature followed by three and half more years of Republican delays, filibustering, and threats of Bush vetoes. The Democrats have never had enough of a majority to override the Republican filibusters nor the threatened Bush vetoes. During Bush's first four years (2003-2004) with a Republican controlled congress he signed 1091 bills and vetoed NONE. From 2006 to the present Bush has vetoes more the eight times if Congress was able to even get the bill to him despite Republican filibustering and delays. And, in addition, these vetoed bills would not have reached his desk with out some Republican support. You tell me why are Democratic congress has not been able to prevent the issues we are seeing today. "Obama 08!" and a Democrat controlled legislature.

Let me repeat to those Republicans in here who don't understand their government and how it works. The recession occurred over seven and half years "during" the Bush administration with the first four years being controlled by a Republican legislature followed by three and half more years of Republican delays, filibustering, and threats of Bush vetoes. The Democrats have never had enough of a majority to override the Republican filibusters nor the threatened Bush vetoes. During Bush's first four years (2003-2004) with a Republican controlled congress he signed 1091 bills and vetoed NONE. From 2006 to the present Bush has vetoed more the eight times even when Congress was able to get the bill to him despite Republican filibustering and delays. And, in addition, these vetoed bills would not have reached his desk without some Republican support. You tell me why our Democratic congress has not been able to prevent the issues we are seeing today. "Obama 08!" and a Democrat controlled legislature.

Henry Waxman could use some lipstick per Obama's cliche

Bush proposed regulation 30 months ago. The democratic congress wouldn't even think of it. This congress should be run out of town on a rail! Worthless! Absolutely worthless!

Reply to dl at 6:52pm...
30 months ago, Republicans controlled the White House, the Senate & the House and had for years!! We are all fed up with lies and misrepresentations. You should be run out of the comments on a bridge to nowhere.

O-Bots claim Barack is different but cannot name a single reason why that is so. Hype and promises without substance is the diet of fools.

dl...Obama wants to repeal the Bush tax cuts, which merely benefit the rich who do not apply the trickle down theory. They just keep the $. He is against outsourcing, which is another way corporations have let down our country and given away our jobs. He will help us restore relations with the UN and other allies. He is a highly educated and intelligent man who graduated at the top of his class and was President of the Harvardd law review. He could've taken a cushy job then, but choose instead to help people. This Country needs more than McCain who was 5th from the bottom of his class at the Naval Academy and doesn't know basic computer skills. I wouldn't hire him to run my company, let alone my Country. I hope you are enlightened.

We have BEEN through this before, right after the ENRON debacle...

This is a broken record...really.

Sarah Mooseburger will come riding in to New York from Wasilla to round up those rascals on Wall Street on her snowmobile. After she takes care of Putin, that is.