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Thread: Financial Reform Talks Near Collapse, Some GOPers Threaten To Defect

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    Re: Financial Reform Talks Near Collapse, Some GOPers Threaten To Defect

    Quote Originally Posted by digsbe View Post
    They should reduce taxes to increase investment and allow struggling businesses to keep some extra money to get through.
    Two Bush era tax cuts and the country still belly flopped in 2008. Doing the same thing and expecting a different result is the very definition of insanity.

    Quote Originally Posted by danarhea View Post
    Well, in some cases, regulation is needed. I would like to see Glass-Steagal put back in play. It was the dismantling of this act that led to the economic meltdown were are now experiencing.
    I agree, I think we should just go back to Glass-Steagall. Put it back in place and refine it a bit. Perfect. Repealing it was a huge mistake.
    I don't attack my constituents. Bob is my constituent now.
    This is the important stuff. We canít get lost in discrimination. We canít get lost in B.S. We canít get lost tearing each other down. I want to make a point here that no matter what you look like, where you come from, how you worship, who you love, how you identify, and yeah, how you run, that if you have good public policy ideas, if you are well qualified for office, bring those ideas to the table, because this is your America, too. This is our commonwealth of Virginia, too.
    Danica Roem - The nation's first openly transgender person elected to serve in a U.S. state legislature.

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    Re: Financial Reform Talks Near Collapse, Some GOPers Threaten To Defect

    Quote Originally Posted by Z3n View Post
    So, you're enlightened economic proposals on remedying $11 Trillion Deficit are...?
    its certainly not what Obama and his administration is doing



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    Re: Financial Reform Talks Near Collapse, Some GOPers Threaten To Defect

    Quote Originally Posted by Gina View Post
    Two Bush era tax cuts and the country still belly flopped in 2008. Doing the same thing and expecting a different result is the very definition of insanity.



    I agree, I think we should just go back to Glass-Steagall. Put it back in place and refine it a bit. Perfect. Repealing it was a huge mistake.
    yeah tax our way to prosperity. Jack up taxes on investments and corporations and then pss and moan when companies and jobs leave the USA.



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    Re: Financial Reform Talks Near Collapse, Some GOPers Threaten To Defect

    Quote Originally Posted by Z3n View Post
    So you would rather the government do nothing to help the economy....
    the best way it could help is to shrink quickly



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    Re: Financial Reform Talks Near Collapse, Some GOPers Threaten To Defect

    Quote Originally Posted by TurtleDude View Post
    yeah tax our way to prosperity. Jack up taxes on investments and corporations and then pss and moan when companies and jobs leave the USA.
    Excuse me but jobs left they U.S. in droves over the course of 8 years of the Bush administration.

    The question remains, how does lowering taxes any further help when it certainly didn't keep jobs in the U.S.?
    I don't attack my constituents. Bob is my constituent now.
    This is the important stuff. We canít get lost in discrimination. We canít get lost in B.S. We canít get lost tearing each other down. I want to make a point here that no matter what you look like, where you come from, how you worship, who you love, how you identify, and yeah, how you run, that if you have good public policy ideas, if you are well qualified for office, bring those ideas to the table, because this is your America, too. This is our commonwealth of Virginia, too.
    Danica Roem - The nation's first openly transgender person elected to serve in a U.S. state legislature.

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    Re: Financial Reform Talks Near Collapse, Some GOPers Threaten To Defect

    Quote Originally Posted by Gina View Post
    Excuse me but jobs left they U.S. in droves over the course of 8 years of the Bush administration.

    The question remains, how does lowering taxes any further help when it certainly didn't keep jobs in the U.S.?
    Seems like it was a fundamental restructuring of the labor market, than it was an issue with low taxation. When analyst jobs are leaving the states because the labor pool for them in India is so robust and they only charge 10 cents on the dollar, what are you going to do with an industry of companies looking to cut costs? Of course, the real price turns out to be 80 cents on the dollar, what with coordination costs. Still, this all had very little to do with who was in office or what the taxation policy was.

    It is known that lower taxation helps companies thrive and provide jobs.

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    Re: Financial Reform Talks Near Collapse, Some GOPers Threaten To Defect

    Quote Originally Posted by digsbe View Post
    Less government spending. They should reduce taxes to increase investment and allow struggling businesses to keep some extra money to get through. If anything government spending ultimately hurts the nation.
    So $282 billion in tax cuts was a bad idea?
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: Financial Reform Talks Near Collapse, Some GOPers Threaten To Defect

    Quote Originally Posted by digsbe View Post
    Congress should financially handle themselves before they even think about trying to regulate Wall Street. Thank you Republicans for preventing the Dems from trying to ram through more garbage.
    So you think Wall Street shouldn't get any form of regulation?

    Tell me, do you think it is okay for firms to buy an audit? Considering your posts, you are treading in territory you've never encountered.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: Financial Reform Talks Near Collapse, Some GOPers Threaten To Defect

    Quote Originally Posted by digsbe View Post
    I would rather have the government remove itself so that the economy can breath The government can help by shrinking. It needs to become smaller and lower taxes. The market can fix itself, the government doesn't need to become a parasite that grows bigger and bigger.
    So you'd be okay with catastrophic failure in the banking system that results in the wholesale annihilation of credit all the way down to your local savings and loan?

    There was no regulation on the ratings the rating agencies gave.
    There was no regulation on the CDS that AIG oversold.

    And removing the government totally would have prevented Enron eh?

    Do you have any understanding just how this economy works?
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: Financial Reform Talks Near Collapse, Some GOPers Threaten To Defect

    Quote Originally Posted by TurtleDude View Post
    yeah tax our way to prosperity. Jack up taxes on investments and corporations and then pss and moan when companies and jobs leave the USA.
    That's about the extent of Democrat financial and economic knowledge. I am fully convinced these elected Democrat officials are under equipped for higher level thinking, or basic thinking for that matter.
    Neither side in an argument can find the truth when both make an absolute claim on it.

    LMR

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