House votes to clamp limits on bonuses - Page 2

G G · 08-01-2009, 02:17 PM

The socialization of America is moving along.

G G · 08-01-2009, 02:26 PM

I aint gonna let this get me into an argument, so I am gonna say one more thing and then not come back to it. But the banking situation would not be in the shape it's in if the regulations for loans wouldn't have been lowered by the Clinton administration, and not to try to make this into Clinton's fault, but they did lower the regs, but there was ample time after that to corrrect it by others and it wasn't corrected. So I don't think the blame can be laid on the finance industry. My two cents. I'm done.

Sauer Grapes · 08-01-2009, 11:07 PM

Quote:

Originally Posted by ggainey

I aint gonna let this get me into an argument, so I am gonna say one more thing and then not come back to it. But the banking situation would not be in the shape it's in if the regulations for loans wouldn't have been lowered by the Clinton administration, and not to try to make this into Clinton's fault, but they did lower the regs, but there was ample time after that to corrrect it by others and it wasn't corrected. So I don't think the blame can be laid on the finance industry. My two cents. I'm done.

Actually, most of those I know in the banking industry not only blame Clinton, but Bush as well. Clinton got everything started, Bush lowered the regs even further.

Just goes to further your point that more government regs is not the answer.

rizzle · 08-02-2009, 08:53 AM

Change we can believe in. Yee freaking haw.

I don't think we're in Kansas anymore Dorothy.

WyoBob · 08-02-2009, 12:04 PM

I think the House should clamp limits on "bozo's". You know, as in, themselves.

WyoBob

Da Klugs · 08-03-2009, 02:33 PM

One thing you never have to fear is that "Change" regarding our policy of no political threads is never gonna happen here.

Regards,
The oppressed 5%

The Poet · 08-01-2009, 02:29 PM

Yeah, me too Greg. That's the one good thing about having nothing - I've got nothing to lose, so I really have no dog in this fight anyway.

Love to all, brothers.

Starscream · 08-01-2009, 02:35 PM

Quote:

Originally Posted by ggainey

I aint gonna let this get me into an argument, so I am gonna say one more thing and then not come back to it. But the banking situation would not be in the shape it's in if the regulations for loans wouldn't have been lowered by the Clinton administration, and not to try to make this into Clinton's fault, but they did lower the regs, but there was ample time after that to corrrect it by others and it wasn't corrected. So I don't think the blame can be laid on the finance industry. My two cents. I'm done.

That's what I was talking about in my previous post.

Quote:

Originally Posted by The Poet

Yeah, me too Greg. That's the one good thing about having nothing - I've got nothing to lose, so I really have no dog in this fight anyway.

Love to all, brothers.

No love lost here. I've had fun debating the issue.

G G · 08-01-2009, 02:31 PM

The Poet · 08-01-2009, 02:37 PM

08-01-2009, 02:49 PM

Whats wrong with just letting the private sector fail???

Since the beginning of this country is been the back bone of its success. Those that work hard, succeed and those that don't, don't. While I have no hard facts to back up the following statement, I would be willing to bet anyone would be hard pressed to show me one government ran program that runs more efficiently than the private sector. There are examples of industry that boomed at one point and no longer exists. Why must government get involved to "Fix" it? Let them fail, something else will take its place. Keeping the new age bail outs separate from this, this is a step in the direction where government will have the ability to tell privately held business how it can compensate its employees

. No matter if its a pizza hut employee or a fortune 500 company executive to me, its government poking its fingers in the private sector. At some point this country just needs to decide if it wants socialism or not and go one way or the other.

Chas

08-01-2009, 02:17 PM	#1
G G BR549 Join Date: Oct 2008 First Name: Greg Location: Taylor, FL. Posts: 12,751 Trading: (10)	Re: House votes to clamp limits on bonuses The socialization of America is moving along.

08-01-2009, 02:26 PM	#2
G G BR549 Join Date: Oct 2008 First Name: Greg Location: Taylor, FL. Posts: 12,751 Trading: (10)	Re: House votes to clamp limits on bonuses I aint gonna let this get me into an argument, so I am gonna say one more thing and then not come back to it. But the banking situation would not be in the shape it's in if the regulations for loans wouldn't have been lowered by the Clinton administration, and not to try to make this into Clinton's fault, but they did lower the regs, but there was ample time after that to corrrect it by others and it wasn't corrected. So I don't think the blame can be laid on the finance industry. My two cents. I'm done.

08-02-2009, 08:53 AM	#4
rizzle Order Restored Join Date: Oct 2008 Location: st pete, fl Posts: 2,679 Trading: (23)	Re: House votes to clamp limits on bonuses Change we can believe in. Yee freaking haw. I don't think we're in Kansas anymore Dorothy.

08-02-2009, 12:04 PM	#5
WyoBob Still Watching My Back Join Date: Oct 2008 First Name: Bob Location: Buffalo, WY Posts: 155 Trading: (1)	Re: House votes to clamp limits on bonuses I think the House should clamp limits on "bozo's". You know, as in, themselves. WyoBob

08-03-2009, 02:33 PM	#6
Da Klugs Juan of 11 Join Date: Oct 2008 First Name: Dave Location: Right here Posts: 4,222 Trading: (8)	Re: House votes to clamp limits on bonuses One thing you never have to fear is that "Change" regarding our policy of no political threads is never gonna happen here. Regards, The oppressed 5% __________________ Communities Not Commodities. Punctuation challenged, but trying. Proud winner of phase 1 of the Weight loss contest

08-01-2009, 02:29 PM	#7
The Poet Il megglior fabbro Join Date: Jun 2009 First Name: Thomas Location: Hickory, NC Posts: 8,420 Trading: (2)	Re: House votes to clamp limits on bonuses Yeah, me too Greg. That's the one good thing about having nothing - I've got nothing to lose, so I really have no dog in this fight anyway. Love to all, brothers.

08-01-2009, 02:31 PM	#9
G G BR549 Join Date: Oct 2008 First Name: Greg Location: Taylor, FL. Posts: 12,751 Trading: (10)	Re: House votes to clamp limits on bonuses

08-01-2009, 02:37 PM	#10
The Poet Il megglior fabbro Join Date: Jun 2009 First Name: Thomas Location: Hickory, NC Posts: 8,420 Trading: (2)	Re: House votes to clamp limits on bonuses

08-01-2009, 02:49 PM	#11
ChasDen Guest Posts: n/a	Re: House votes to clamp limits on bonuses Whats wrong with just letting the private sector fail??? Since the beginning of this country is been the back bone of its success. Those that work hard, succeed and those that don't, don't. While I have no hard facts to back up the following statement, I would be willing to bet anyone would be hard pressed to show me one government ran program that runs more efficiently than the private sector. There are examples of industry that boomed at one point and no longer exists. Why must government get involved to "Fix" it? Let them fail, something else will take its place. Keeping the new age bail outs separate from this, this is a step in the direction where government will have the ability to tell privately held business how it can compensate its employees . No matter if its a pizza hut employee or a fortune 500 company executive to me, its government poking its fingers in the private sector. At some point this country just needs to decide if it wants socialism or not and go one way or the other. Chas