House Showdown on Financial Reform.

I just thought I would start a contraversial topic before I take off for the day. I'll be back later to see the ruckus. LOL. ...

Thoughts on the bill passed in the House today? Too little, too much? I think it's a good step but there are no guarantees Big Business won't find loopholes. In fact, I'm quite sure they will try. In the meantime, however, it sends a good message that we will be watching. I'm also sure the senate will take months with this. Will that lead to a watered-down version? I guess it depends on how hard the constituents press their elected officials. NJ ...

I have been reading articles on what is, and what is not, included in this new law. Not a single article agrees this is real reform. It still gives Wall Street (SEC) and big banks the freedom to do what they want. This is not good. It's what I've been saying all along. The idea of financial reform was supposed to stop the abuse, but it may give the above more free rein in what they do. I'm posting one article from MSNBC. Please be sure to read the ful ...

Hopefully, when the Senate and House blend the bills, it will truly be good for the country. Only time will tell. I noted that 3/4 of the amendments were not introduced or voted on in the Senate. WASHINGTON - Prodded by national anger at Wall Street, the Senate on Thursday passed the most far-reaching restraints on big banks since the Great Depression. In its broad sweep, the massive bill would touch Wall Street CEOs and first-time homebuyers, high-flying traders and small town lenders. T ...

They've gutted the House financial reform bill and Bernie Sanders if furious. It doesn't help the consumer. It doesn't do much more than what was already in place before the bailouts; i.e., why did they even bother? All they did was waste time. Please see articles below. Financial Reform Bill: Bonfire of the Loopholes: http://www.newsweek.com/2010/05/21/bonfire-of-the-loopholes.html?from=rss”>%20Newsweek Reform Without Punishment: http://www.newsweek.com/blogs/t ...

I must go look at it now that it passed. There were stipulations that didn't rein in Wall Street but one article I read stated it does that. "The Senate passed the financial overhaul package in a final vote Thursday, ending more than a year of wrangling over the shape of the landmark legislation. The focus now shifts to the monumental task of implementing the new regulations over coming weeks and months. The 60 to 39 decision came just before 3 p.m, only a few hours after Democr ...

Nine months after he penned a memo laying out the arguments for health care legislation's destruction, Republican message guru Frank Luntz has put together a playbook to help derail financial regulatory reform.In a 17-page memo titled, "The Language of Financial Reform," Luntz urged opponents of reform to frame the final product as filled with bank bailouts, lobbyist loopholes, and additional layers of complicated government bureaucracy."If there is one thing we can all agree on, it's ...

Yes, a national park sounds nice, but... "President Obama on Wednesday will declare a national monument in southern New Mexico, delivering a win for environmentalists but angering ranchers and local law enforcement, who say the land restrictions will end up creating a safe haven for drug cartels to operate within the U.S." Link: http://www.washingtontimes.com/news/2014/may/19/obama-designate-national-monument-new-mexico/ ...

Democrats edged closer to finding 216 lawmakers to back a landmark health-care bill Saturday, as party leaders and White House officials were working on an executive order that they hope will win over a substantial number of antiabortion Democrats. The House Rules Committee continued its session on the third floor of the Capitol, where the panel is tasked with setting the terms of Sunday's floor debate. House leaders have decided to take a separate vote on the Senate version of the healt ...

Like so many right now, due to pay cuts in the last year, I am in need of any additional prayer anyone can give. My pay has been cut nearly in half. I don't qualify for bankruptcy because my name is on 1/4 of my mom's house. She has early dementia and is fighting us on all fronts right now because she's in denial. She just had another TIA and is refusing to go for an MRI or see the neurologist. She refuses to sell the house, which she needs to do anyw ...

If a company offers a 401K through (for example) Charles Schwab and said company goes out of business, is the 401K safe or frozen or ?? Thank you. ...

I need a miracle from God to save me from financial disaster. Please lift me up in prayer as I will pray for others who are in the same predictament as I am. In Jesus name, I pray for all who are hurting because of the economy and financial problems. ...

institutions. A new rule approved by the FDIC went into effect that creditors and shareholders will now have to absorb some of the losses when the federal government steps in to dismantle large failing financial firms. Congress gave the FDIC the authority to wind down troubled firms and sell their assets; i.e., shareholders and unsecured creditors should understand that the taxpayers are not at risk any longer to bail them out. That's okay but if you have a balanced fund, most ...

Hi, first I wanna say I think it's awesome that there is a prayer request area on here. :) Anyway, I'm going through a lot of trials right now, and I really need God to show me what to do. My house is in foreclosure ("under review" for a workout plan so I'm in limbo and at their mercy), my health is not good right now (IDDM, hypothyroidism, et. al.), I am very unhappy at my job (full time orthopedic transcription but lots of stress and mean people; wanting to go ...

Sometime this year, we taxpayers will again receive another " Economic Stimulus" payment. This is indeed a very exciting program, and I'll explain it by using a Q & A format: Q. What is an 'Economic Stimulus' payment ?A. It is money that the federal government will send to taxpayers.Q. Where will the government get this money ?A. From taxpayers. Q. So the government is g ...

Please pray that I get relief from financial siituation in which I am losing everything. My house is being foreclosed on, I have bad credit, a car that is barely drivable, relatives who need help and I am getting terrible stomach problems over this worry. Please agree with me in prayer that God will lead me out of this mess. Thank you! ...

If your son or daughter came to you and said they were not buying gifts this year because money was tight and needed for bills, would you give them money to buy gifts for their children who are 17 and 19? ...

I would like to ask for prayer for financial difficulty. I transcribe at home (mostly general transcription), and I work hard and it never seems like enough and we are knee deep in debt and need much more coming in. I keep granddaugther full-time also and my daughter (her mom) cannot afford to pay me for it - but I reallly need her to. I also homeschool my daughter- she had really bad panic attacks when she went to public school, my husband works full time, thank God, but we re ...

It seems that he had to return $16,000 in stolen funds for repairs to his minivans, movie tickets, vacation. The closest fall guy has gone to prison for this. Rubio is not going to be able to wash this off fast enough. ...

I am desparately in need of prayers for my financial situation. I cannot pay my rent this month and doubt that I will be ableto pay it in January despite not paying other bills. Thanks for much! ...

is worse than ever!! No way to pay bills at all this month!! ...

I'm afraid that my answer to Kentuckian wouldn't be seen since I didn't realize that the posts were so far down on the page. i think i posted the wrong link in that post, too, but it was also good info. :) How the Democrats Created the Financial Crisis: Kevin Hassett Commentary by Kevin Hassett - September 22, 2008 00:04 EDT Fannie and Freddie did this by becoming a key enabler of the mortgage crisis. They fueled Wall Street's efforts to securitize subprime loans by ...

But international students pay full price and must certify they have sufficient funds to cover tuition A program to be rolled out at Emory University this fall pledges to pay “100% of demonstrated financial need for undergraduate Undocumented Students (with or without DACA) who are admitted as first-year, first-degree-seeking students,” campus officials state online. More than 200 faculty members recently signed a petition to university President Claire Sterk demanding Emory be declar ...

I am 39 years old wanting to go back to college to become an RN. I will start out for the first 2 years at the community college to finish those basic courses I didn't do 20 years ago. When I went to school back right after high school my parents dealt with the financial aid. Now that I am looking at it there are so many resources apparently out there to help find grant money and scholarships, but I'm getting nowhere, and more confused. FIRST QUESTION: I ...

By Daniel TencerThursday, January 21st, 2010 -- 6:31 pm 'If these folks want a fight, it’s a fight I’m ready to have': Obama On the same day that President Barack Obama announced an ambitious plan to reform the US financial system, bankers at the largest Wall Street institutions indicated that they are already finding ways around the proposed changes. Sources at three Wall Street banks told BusinessInsider's John Carney that "they are already finding ways to own, in ...

Anyone want something important to read, the NEEDS to be read, directly applicable to all of us regardless of politics? I think this article in The Atlantic about how our government has quietly been taken over by a business-lead oligarchy (while we quarrel with each other) should qualify. The Quiet Coup The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance ind ...

ou may be funneling money into the kind of hate-based operations associated with people who advocate killing cops in America. A Breitbart.com investigation found that “W.K. Kellogg Foundation has partnered with and given major donations to George Soros’s Open Society Institute and the Tides Center as part of its massive push to promote a far-left agenda.” George Soros, often described as an “international terrorism money man,” is a key funding source for numerous radical, left-wing, ...

Score 1 for Dodd-Frank and one goose egg for Congress. ...

LIE: "There is no federal funding for abortions in the bill." Obama and Pelosi have insisted that there is no federal funding of abortions in the bill: http://www.healthcarebs.com/2010/03/08/video-pelosi-obama-lie-about-abortion-funding-in-senate-reform-bill/ But Rep. Stupak says otherwise: "Stupak notes that his negotiations with House Democratic leaders in recent days have been revealing. “I really believe that the Democratic leadership is simply unwillin ...

House Showdown on Financial Reform.

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