But lookie here; lookie here -

"Just please elect me President and I'll do the same things Obama's doing, just in a more conservative way."

__________________

Yet another dumbass-based attack on Romney. Desperate people jump to desperate tactics. Making this kind of false association is pathetic...

__________________
Our nation has not always lived up to its ideals, yet those ideals have never ceased to guide us. They expose our flaws, and lead us to mend them. We are the beneficiaries of the work of the generations before us and it is each generation's responsibility to continue that work. - Laura Bush

Leftists and very small children don't seem to be able to understand that the Government isn't there to "fix" the economy, anymore than a tick is there to fix your dog.~Oftencold

Ahhh...Eighty degrees to Mitt Romney...

Going to the Rothenburg Political Report?...Really?...THIS GUY??????...

After Carville saying Dems will have control for the next 40 years, this is the second worse prediction in the history of politics...

April Madness: Can GOP Win Back the House in 2010?

__________________
"You get the respect that you give" - cnredd

Everyone who can multiply is making this association. The association is little or no regulation and some calling for less when these WS boobs are still flucking the golden goose.
What you said has nothing to do with the OP.

__________________

Why should teh gov't be involved in this kind of thing at all?? If they are making dumb choices, then they will lose clientel and fail as a busniess and companies that are making smart choices will be picking up thier clients.


You want the entire nation to fall under some kind massive gov't regulatory oversight (with the exception of unions, who get to do whatever they want) that controls every single financial transaction, manufacturing process, etc. that happens. That's what's called a totalitarian state. You should do a little study on what happens in such countries. Little things like poverty, disease, violence, loss of rights, etc. But that's pretty much the comfort zone for most leftists, isn't it?? Keep people poor, make sure that the only medical care tehy get comes from the gov't and if you don't like how things are going, tear up what belongs to the people you don't like. That's the left's way of doing things. Force people to comply and if they don't happily and willingly do so, demonize them at every turn.

__________________
Our nation has not always lived up to its ideals, yet those ideals have never ceased to guide us. They expose our flaws, and lead us to mend them. We are the beneficiaries of the work of the generations before us and it is each generation's responsibility to continue that work. - Laura Bush

Leftists and very small children don't seem to be able to understand that the Government isn't there to "fix" the economy, anymore than a tick is there to fix your dog.~Oftencold

No they won't they didn't as evidenced by Wells Fargo, JP Morgan and every mortgage lender that screwed us.
HOW can you who look like a sane person still be convinced "the market regulates itself"??? It doesn't

I want anything that remotely touches my money -be that tax dollars, checking account, credit, loans, interest to be regulated by the big old federal government yes I most certainly do.
I do not want banks doling out financial advice or selling insurance either.

I have. America prosperity extraordinaire! Until the damned deregulators got to the ear of our VP Bush Sr and mucked up the works again like their forefathers during the 1920s.
Those are the things going on in Greece right now. The home of austerity. hello

__________________

While some people want to regulate the hell out of everything and cry how the sky is falling, let me remind you of FACTS...

This $2 billion loss doesn't even come CLOSE to putting JPMorgan in any danger...

Do you what their NET income was last year?...

19 BILLION...

And their revenue for the first quarter of this year?...5.4 billion...

In other words...A company that earned over $24 billion in the last five quarters just lost $2 billion on a bad risk...

Sucks?...Sure...If I were running that company I'd make sure heads roll, too...

But to make this an example of the downfall of banking and how the government needs to swoon in and inject their grubby little hands into it (even more than it already has) is paranoia at its finest and a plea to cure dandruff by decapitation...

May I ALSO remind you that this was a hedge bet...The fact that JPMorgan lost $2 billion means that entities that bet against JPMorgan WON $2 billion...The amount in the pot for this risk didn't decrease AT ALL...It just changed hands...

Hedge betting works like a poker game...If five people show up with $20 in chips, that $100 will not increase or decrease...No matter what happens, at the end of the night, that same $100 will leave...Some with more; some with less...But the amount will remain the same...

So, unlike the housing crises, the INDUSTRY didn't lose a dime...What JPMorgan lost just went somewhere else...

__________________
"You get the respect that you give" - cnredd

Quit making sense. Someone's head might explode.

__________________
When they discover the center of the universe, a lot of people are going to be disappointed they are not it.

"As democracy is perfected, the office of President represents, more and more closely, the inner soul of the people. On some great and glorious day the plain folks of the land will reach their heart's desire at last and the White House will be occupied by a downright fool and complete narcissistic moron."
--- H.L. Mencken, The Baltimore Evening Sun, July 26, 1920

Speculation should be allowed but not backed by tax payers. Morgan can afford the 2 bil; we can't.

__________________