Federal Reserve now is control of ENTIRE financial system.

[DeadsetAce]

Originally Posted by Mangudai954

Originally Posted by ProduccionFrescos

Originally Posted by Mangudai954

Originally Posted by ProduccionFrescos

Originally Posted by Mangudai954

We can stand up and let them know we wont stand for it. In this respect we could learn something from the French.

[color= rgb(255, 0, 0)]In the age where people are more concerned about Twitter and Facebook?[/color]

[color= rgb(255, 0, 0)]Doubt it.[/color]

Do you agree with me when I say that there will come a time that we'll reach the breaking point? In the coming years?

[color= rgb(255, 0, 0)]Reach the breaking point and do what though?[/color]

[color= rgb(255, 0, 0)]After we overthrow the Gov't, some random soul is going to claim Divine right? Doesn't sound likely.[/color]

That's not what I was getting at. The public can be complacent only for so long with things going the way they are.

it is how civilizations and empires fall....

 

[produccionfrescos]

Originally Posted by Mangudai954

Originally Posted by ProduccionFrescos

Originally Posted by Mangudai954

Originally Posted by ProduccionFrescos

Originally Posted by Mangudai954

We can stand up and let them know we wont stand for it. In this respect we could learn something from the French.

[color= rgb(255, 0, 0)]In the age where people are more concerned about Twitter and Facebook?[/color]

[color= rgb(255, 0, 0)]Doubt it.[/color]

Do you agree with me when I say that there will come a time that we'll reach the breaking point? In the coming years?

[color= rgb(255, 0, 0)]Reach the breaking point and do what though?[/color]

[color= rgb(255, 0, 0)]After we overthrow the Gov't, some random soul is going to claim Divine right? Doesn't sound likely.[/color]

That's not what I was getting at. The public can be complacent only for so long with things going the way they are.

[color= rgb(255, 0, 0)]But most of the public isn't informed and doesn't care tobe[/color]

 

[josebronx]

 

[jibbycanoe]

from my understanding this has yet to be approved, so why the title which makes it sound like this is already set in stone?

 

[mangudai954]

Originally Posted by jibbycanoe

from my understanding this has yet to be approved, so why the title which makes it sound like this is already set in stone?

Because that's what he does lol.

 

[DownByLaw]

Originally Posted by NikeFlightposite

Obama screws the economy every time he makes a speech

You're a Republican right?

 

[dmxfury]

I love how we debate which candidate would be "less bad" instead of who would've been great. Just shows how uninspired we are by our govt, evenwhen someone like Obama comes along. Same stuff just packaged differently. As for this, not a real fan, not the worst thing ever proposed but not my style

 

[sundoobie]

I don't see what the issue is?

create a new consumer protection agency to guard against credit and other abuses that played a big role in the current crisis.
Greatly needed. Thank you.

The plan would do away with the Office of Thrift Supervision, replacing it with a system aimed at closing gaps in coverage and keeping institutions from shopping for the most lenient bank regulator. The consumer agency would place new restrictions on lenders and mortgage brokers, requiring them to offer simple loans to consumers.
Excellent idea.

The financial sector and lawmakers from both parties concede the need for significant changes in the rules that govern the intricate and interconnected world of banking and investment.
Pretty damn obvious there.

So what is the issue... oh yah the same bitter salty NTers with the same tired posts

"the sky is falling the sky is falling"

 

[dmxfury]

I like the first two things posted, and I agree with the third but don't know if this is how I want it done. I need to read more info before figuring outthe way I would prefer

 

[emmanuel goldstein]

does anyone even know what the federal reserve is and has done to this country?

 

[illniche22]

Let the N.W.O begin!!!

 

[dmxfury]

And sun if that was towards me, my bad I just have had a hell of a day at work and went into negative mode on NT, haha

 

[sundoobie]

These are just broad ideas coming from the Obama administration. Every little detail was provided. Overall it's a plan to overhaul the financial systembecause our nation cannot afford another economy meltdown to happen again.

I just find it hilarious at OP's title...

@ NOW.

Federal Reserve now is control of ENTIRE financial system.
OP has some reading comprehension issues considering the summary of the article itself states....

The plan would give new powers to the Federal Reserve to oversee the entire financial system and would also create a new consumer protection agency to guard against the types of abuses that played a big role in the current crisis.
















Fox News propaganda strikes yet again.

 

[emmanuel goldstein]

man you bolded the wrong part lol ... should have bolded the part where it says "new powers to the Federal Reserve to oversee the entire financial systemand would also create a new consumer protection agency to guard against the types of abuses that played a big role in the current crisis" ...

so basically a private company is going to be in control of americas money and its gonna be regulated by anoteh rprivate agency that its in bed with ... ...... ...

LMAO

 

[sundoobie]

Originally Posted by dmxfury

And sun if that was towards me, my bad I just have had a hell of a day at work and went into negative mode on NT, haha

Nah my man. You're pretty level headed in all your posts. Your posts like Dirtys and few others take the mid ground. Not too left, not tooright. Those kinda posts I can actually go hmmmm I see where they coming from.

 

[ryda421]

this makes me want to move out of this country

 

[smedroc]

Originally Posted by ProduccionFrescos

Originally Posted by Mangudai954

Originally Posted by ProduccionFrescos

Originally Posted by Mangudai954

Originally Posted by ProduccionFrescos

Originally Posted by Mangudai954

We can stand up and let them know we wont stand for it. In this respect we could learn something from the French.

[color= rgb(255, 0, 0)]In the age where people are more concerned about Twitter and Facebook?[/color]

[color= rgb(255, 0, 0)]Doubt it.[/color]

Do you agree with me when I say that there will come a time that we'll reach the breaking point? In the coming years?

[color= rgb(255, 0, 0)]Reach the breaking point and do what though?[/color]

[color= rgb(255, 0, 0)]After we overthrow the Gov't, some random soul is going to claim Divine right? Doesn't sound likely.[/color]

That's not what I was getting at. The public can be complacent only for so long with things going the way they are.

[color= rgb(255, 0, 0)]But most of the public isn't informed and doesn't care to be[/color]

Thats also why they're so quick to co-sign something. If something sounds like a good look they'l run with it.

Your right though !%+$ is highly unlikely....the fallout is far too ugly a prospect for most people to consider.

 

[chronos1296]

Originally Posted by Emmanuel Goldstein

hey look on the bright side, he got gays more rights! ... smh ... its so blatantly obvious what the democrats are doing and im not even mad at them ... get an articulate black man to win the black vote and the presidency back ... get the gay vote by giving them some more rights ... get the latino vote by nominating sotomayor ... elect everyone from the financial system to your cabinet ... grow government and control the us population ...

i give up ... if people dont jump ship on this dude now theres no reason to argue cuz they are just ignorant ...

You better be real careful coming in here talking about people are just ignorant when you don't have the faintest idea about what you aretalking about... Obama DID NOT give gays more rights:

http://lafiga.firedoglake...fits-to-federal-workers/
http://www.americablog.co...rtment-defends-doma.html

NOR did he get rid of DADT as he said he would, even though 4/5ths of the country agree that it should be banned:

http://www.time.com/time/...e/0,8599,1903545,00.html

The only thing "blatantly obvious" is that you are misinformed about what is really going on...

 

[casperjr]

fede always trying to mislead people with his titles

atleast he doesnt type in bold and back up his arguments with foxs tv ratings

 

[fede dpt]

Originally Posted by Emmanuel Goldstein

man you bolded the wrong part lol ... should have bolded the part where it says "new powers to the Federal Reserve to oversee the entire financial system and would also create a new consumer protection agency to guard against the types of abuses that played a big role in the current crisis" ...

so basically a private company is going to be in control of americas money and its gonna be regulated by anoteh rprivate agency that its in bed with ... ... ... ...

LMAO

None of then are private, they are just another bureaucracy. The Federal Reserve? It caused The Great Depression, it created this mess, and now its a"regulator". Great.

 

[early90s]

Originally Posted by ProduccionFrescos

[color= rgb(255, 0, 0)]"No matter who they vote for, we always win"[/color]

 

[sundoobie]

Originally Posted by Emmanuel Goldstein

man you bolded the wrong part lol ... should have bolded the part where it says "new powers to the Federal Reserve to oversee the entire financial system and would also create a new consumer protection agency to guard against the types of abuses that played a big role in the current crisis" ...

so basically a private company is going to be in control of americas money and its gonna be regulated by anoteh rprivate agency that its in bed with ... ... ... ...

LMAO

@ your analogy.

So according to you.. Screw regulations. Screw accountability. Screw protecting the consumers. Let's just continue the way things are going because OHHHNOOOO "a private company is going to be in control and is going to be regulated by another private agency" And they have all these powerful POWERS!OH NOOOOO!

This is the beginning of Nazism right? No Socialism. No Communism. NO Obamanism.

 

[sorkoram]

Not really feeling it, but we already spiraling towards rock bottom anyway(it was due).

 

[fede dpt]

Originally Posted by CasperJr

fede always trying to mislead people with his titles

atleast he doesnt type in bold and back up his arguments with foxs tv ratings

The plan would give new powers to the Federal Reserve to oversee the entire financial system and would also create a new consumer protection agency to guard against the types of abuses that played a big role in the current crisis.

How is it "misleading" it says it RIGHT THERE.

 

[j burner]

Originally Posted by dj sven

If everyone stopped borrowing money, the economy would be great

This may actually be the most moronic statement in NT history. If everyone stopped borrowing money, there would be no economy, genius. How is the averageperson going to ever own a home without a mortgage? How many people do you know with $200,000 + sitting in there bank account to pay cash for a house? So,under your brilliant analysis, over 90% of Americans would never own a home.

How many people do you know that can afford a car without financing? You have 10,20,30,40 thousand plus sitting around in your bank account to go drop on acar? Neither do I, neither do the rest of us average people.

How many people do you know that went to college with out some form of a student loan?

Our economy DEPENDS on people being able to borrow and lend money. If we stop using credit, the economy would be at a complete standstill, genius.