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Forum Post: Senate GOP Responds To Democratic Jobs Bill By Proposing To Cripple The Government’s Ability To Regulate

Posted 12 years ago on Nov. 7, 2011, 12:57 p.m. EST by chuck1al (1074) from Flomaton, AL
This content is user submitted and not an official statement

The Senate GOP, instead, is offering its own “jobs bill.” The GOP’s legislation, in addition to providing some highway funding, would cut $40 billion in discretionary spending and implement a cockamamie House Republican proposal known as the REINS Act. As ThinkProgress Justice editor Ian Millhiser wrote, the REINS Act would cripple the government’s ability to regulate just about anything:

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167 Comments


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[-] 7 points by enlightened (177) 12 years ago

Ask not what your politicians can do for you, but what they can do for the Global banks and Multi-national Corporations

A vote for the GOP is a vote for less regulation and oversight. It is also a vote for fewer taxes for the 1%

Help America grow jobs. Vote for the GOP (not)

[-] -2 points by journey4word (214) 12 years ago

fewer taxes for a buisness that might be able to afford to hire you without those taxes?

fewer regulations for industrys who could bring jobs back to this country?

YES both things spell JOBS and THAT is something you've never held nor plan on holding.

I can understand why you'd be opposed to a republican in office, it would mean you would actually have to work for a living. Welfare whore

[-] 2 points by nucleus (3291) 12 years ago

BoA pays no taxes and just fired 30,000 people to boost corporate profits.

Fewer regulations (like Glass Steagall) resulted in an unparalleled and accelerating global collapse.

Just the facts, dude.

[-] -1 points by journey4word (214) 12 years ago

umnn thanks "dude" but it wasn't the repeal of Glass Steagall, that's what the democrats have faded your intell with.
it was Clinton who signed the Bill to bundel mortgages and the republicans who fought to stop it.

do a little unbiased research before you spout off. it might actually help

[-] 1 points by nucleus (3291) 12 years ago

Got a source for that, or did you just make it up?

[-] 1 points by enlightened (177) 12 years ago

You know the answer to that (-:

[-] 0 points by journey4word (214) 12 years ago

umnn well, I'm not big on links but I can give you a few bro.

just do a similar research of Clinton Mortgage Crises or Clinton market crash, Epic Clinton crash or depression.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=103x350930

http://archives.realvail.com/BoydsBlog/516/Mortgage-crisis-likely-began-with-Clinton-Administration-effort-to-provide-housing-to-minorities.html

is 2 enough? because there are hundreds of threds out there.

if you require one you can respect name it, im sure even the most liberal sites will reveal some truth in how we managed to get where we are today.

Thanks for responding. I don't know everything, but I do know where this started

[-] 1 points by nucleus (3291) 12 years ago

Thank you.

Link 1: A blog that points directly to an article about Glass Steagal, which I cited above. Thank you for reaffirming my point, even if it is at the expense of your argument.

Link 2: "The article also indicates that banks, thrift institutions and mortgage companies had been pressing Fannie Mae to help them, “make more loans to so-called sub-prime borrowers.” "

It should be pointed out that The Federal National Mortgage Association (Fannie Mae) has been a publicly held corporation since 1968, and that it's activity and debt are not part of the federal budget. So despite it's creation in 1938 by the federal government, it is NOT a government organization.

The NYT article shows pressure on Fannie Mae from the banks deregulated by Glass Steagal to assist them in making what we now know to be the largest scam ever perpetrated on the American people.

If you really want to know where this started you have to look back to the housing bubble, in which deregulated banks over-speculated on housing development, crashing the market. In order to bail themselves out, they gave mortgages to anyone who could sign their name (no income verification loans - why would nay sane banker do that?), often including the necessary down-payment on top of 100% financing, creating a property that was underwater from the moment the mortgage was closed.

Most of these loans were low interest balloon mortgages with absurdly low "interest only" payments for a period of a few years. When the initial period passed, higher interest rates and principle payments were required, causing these loans to essentially self-destruct.

Investment banks knowingly packaged and resold these toxic loans before the exploded, rated AAA by bribed rating agencies, to their own customers as well as globally to other banks and investors.

This was made possible by a number of different legislative actions including the Garn–St. Germain Depository Institutions Act of 1982, which allowed the creation of adjustable rate mortgages.

If you'd like to go back a little farther, you should look at the Savings and Loan Scandal of the late 1980's. There is a long and sordid history of scandal among banks and investors in the real estate market.

[-] 1 points by enlightened (177) 12 years ago

That lie is sooo played out.

Only the hardcore parrots are trying to use that non-logic

In the race to the bottom that is a great strategy. Yeah looks like we are becoming competitive

Polly want a corporate cracker?

[-] 0 points by journey4word (214) 12 years ago

you are kidding right? ok, only people who have lived through it,or had a unbiased education know the cause.

I'm sorry you fail to meet either of those

I'll leave you to your nonsense

[-] 1 points by enlightened (177) 12 years ago

You sir are a fucking idiot. You know nothing about me. Your imaginary scenarios tell me everything I need to know about you and your thought processes. (Or the lack of)

Did your inability to describe me come from years of being a stupid parrot or that imaginary unbiased education?

Polly wants some sunflower seeds?

I’ll leave you alone with your imagination now. Don’t start calling names, it’s always a win for me when that happens

[-] 0 points by journey4word (214) 12 years ago

yawn

[-] 6 points by chuck1al (1074) from Flomaton, AL 12 years ago

Our Republican opponents, from Mitt Romney and Herman Cain to Rick Perry and Michele Bachmann, have endorsed the same set of Tea Party policies that drive the Republicans in Washington: letting Wall Street write its own rules again and giving special treatment to millionaires and billionaires while asking seniors and middle-class families to pay for it.

All of them would return to the failed economic policies that led us into recession.

[-] 2 points by nucleus (3291) 12 years ago

Don't be fooled, Democrats are just as bad, and just as owned by the corporate financial complex.

They have driven the bus off the cliff and we are facing imminent global economic collapse. There very well may not be a 2012 election.

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

I'm not fooled, I'm an educated voter who votes for his own economic self interest............... If you say the Democratic Party has driven business off a cliff then you are misinformed............. Try watching something besides Faux News, and read differing opinions. Get your information from more than one source and fact check it. In that way you will eventually be able to post an intelligent reply.......... You must remember that what you write is forever on the internet, so always try to research your opinions rather than just blurting them out.

[-] 1 points by nucleus (3291) 12 years ago

A defining statement: voting for your own "own economic self interest" instead of voting for the common good. It is a mindset of selfishness representative of nothing more than the values that have created the mess we are in.

FYI "They" refers to all politicans. And "they" haven't driven business off a cliff, they have aided and abetted corporations in driving the world economy off the cliff.

"Liberal" Democrat Chuck Schumer proposed that corporations be able to repatriate overseas profits at an 8% tax rate instead of the 35% written into law.

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

You reply with nothing but opinion.....How do you vote by your prejudices over your economic self interests. There is no way to vote for the common good you moron. When you vote your economic self interests it means your class as a group........ You are pathetic.

[-] 1 points by nucleus (3291) 12 years ago

What I say is opinion, but what you say is fact? LOL

So you vote for every candidate who promises to lower your taxes?

There is no way to vote for the common good in a corrupt system because the system is rigged to benefit a tiny minority at the expense of the majority.

The least you could do is present a coherent argument, but since you can't fall back on name calling and denigration. Works every time (to show that there is no thoughtful at work).

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

Is this good enough for you.....

Several economists have demonstrated that income inequality has grown more rapidly under Republican administrations than under Democratic administrations. Income-tax policy has been cited as one of several factors that contributed to inequality. Republican President Ronald Reagan reduced the top marginal tax rate from over 70 to 28 percent during his tenure in office, which greatly contrasted with the very high top marginal tax rates in place during the period of great income equality, the “Great Compression”...........................................http://en.wikipedia.org/wiki/Tax_Policy_and_Economic_Inequality_in_the_United_States

[-] 2 points by nucleus (3291) 12 years ago

You are preaching to the choir here.

Raygun cut taxes on the rich and raised them on the working class (11 times). He also tripled the national debt with massive deficit spending. The result of deficit spending and tax increase was - wait, now here it comes ----- more tax revenue.

"Fiscal conservatives" have cited Raygun's tax reduction as the cause of increased tax revenue while conveniently failing to mention either the tax increase or deficit spending.

The actual difference between Democrats and Republicans has shrunk to the point of invisibility. Republicans tell you their conservative agenda, Democrats tell you their moderate agenda then vote conservative.

The two party system is not Democrats vs. Republicans, it is politicians and corporations vs. citizens.

To repeat: Do you vote for every candidate who promises to lower your taxes?

[-] 0 points by chuck1al (1074) from Flomaton, AL 12 years ago

Of course not I vote Democrat, isn't that plain enough for you?

[-] 1 points by nucleus (3291) 12 years ago

Then why did you say you are a "voter who votes for his own economic self interest.?

PS A little more civility would go a long way towards productive discussion. I'm not the enemy, I've supported OWS from the concept and participate in my local occupation.

[-] 0 points by chuck1al (1074) from Flomaton, AL 12 years ago

PS a little more intelligence would be helpful for you...................The Democrats support the working man or haven't you noticed?

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

You don't even understand the phrase "voting your own self interests" means whats good for your class of people,..................... you keep repeating that phrase like it means something selfish or deceitful,.......... get over it and get and education.....

[-] 1 points by nucleus (3291) 12 years ago

Ignore the question and respond with an insult.

That was productive.

[-] 4 points by HitGirl (2263) 12 years ago

Don't bother arguing with the trolls and those addicted to the FOX cool-aid. The majority of Americans want a big infrastructure jobs bill. Republican Party is self-destructing.

[-] 2 points by chuck1al (1074) from Flomaton, AL 12 years ago

HitGirl, I totally agree with you.

[-] -2 points by Farleymowat (415) 12 years ago

Obama needs to keep paying back his union buddies in the government side. It is not a jobs bill, it is a union payback fund.

[-] 3 points by TheCloser (200) 12 years ago

OWS are the new regulators. The others are less effective.

[-] 3 points by brightonsage (4494) 12 years ago

How do you spell sabotage? GOP.

[-] 2 points by aahpat (1407) 12 years ago

Pledge of allegiance by the GOP Tea Party Incumbents in Congress:

I pledge allegiance to Grover Norquist

Not the United States of America.

And to the Tea Party

The GOP's Klan

One nation

Under them.

Insolvent

From tax breaks and loopholes

for the rich.

[-] 1 points by Wtf (6) 12 years ago

White house refuses to stop Fanny and Freedy CEOs from receiving millions in bonus's: http://www.huffingtonpost.com/mobileweb/2011/11/10/edward-demarco-fannie-freddie-bonuses_n_1086693.html

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

What the Fuck does this have to do with the subject!

[-] 1 points by uslynx81 (203) 12 years ago

About time they tried something that would work. Democrats think they are helping people but they are hurting everyone and don't care.

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

Your a complete idiot and they are rare, you should be proud............ Get and education then come back and post a reply that has some substance to it, you know like facts!

[-] 1 points by Disgruntled1 (107) from Kula, HI 12 years ago

It is really pitiful that these politicians are getting away with this crap, i honestly believe that the only way to change this is to overthrow the government and elect new representatives and enact rules that limit their autonomy that they have and make it so they have to take stuff before the people before enacting anything

[-] 3 points by chuck1al (1074) from Flomaton, AL 12 years ago

We have a Democratically elected Government, a better way is to influence the apparent idiots that voted-ed in the Tea Party Republicans (Religious Right).

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[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

Your Ignorance on the causes of the financial collapse of 2007-2008 are approaching the gigantic proportions of and Ideological Tea Party Republican that watches Faux News to get factual information,NOT,............. Please do your self a favor and get an education before trying to post comments on the Adult Forum.

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[-] 0 points by KnowledgeableFellow (471) 12 years ago

how true

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[-] 0 points by RexDiamond (585) from Idabel, OK 12 years ago

ThinkProgress? Really?

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

RexDimond.................. WTF does that mean?

[-] 0 points by RexDiamond (585) from Idabel, OK 12 years ago

It means power.

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

It is off subject, the sign of a Troll or someone who didn't have a comback to my points......Which is it REX?

[-] 0 points by RexDiamond (585) from Idabel, OK 12 years ago

Think Progress is a militant left publication and organization.

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

Like I said off subject...

[-] 0 points by RexDiamond (585) from Idabel, OK 12 years ago

I am only taking aim at your source, not your information.

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

RexDimond................Which source are you talking about and what is your objection..................................Again you respond with inadequate information............

[-] 0 points by journey4word (214) 12 years ago

Ian Millhiser has sucked more cock than Linda Lovelace, is a dyed in the wool Liberal Democrat who will do nothing short of discrediting the republican party and further promoting the fraudulent democrat party by all his means.

go ahead and listen to him if you are one of his kind

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

Don't feed the trolls.

[-] 0 points by journey4word (214) 12 years ago

some trolls are kinda cute and fuzzy :P

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

All trolls are is assholes.

[-] 0 points by stevo (314) 12 years ago

Best news ever.

Meanwhile, whiny bitch liberals pouting..."we want more gov't regulation"....

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

Don't feed the trolls.

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

Look up the Glass-Steagall Act of 1933......Smart ass.

[-] 0 points by journey4word (214) 12 years ago

yes yes, the government will save us. please please Obama tell us what to do next :) when to shit when to just fart. please protect us from ourselves

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[-] 0 points by seaglass (671) from Brigantine, NJ 12 years ago

Failed? Not for them its not failed. Like Herman said, If your not RICH it's all your fault. They see their policies as a huge success and they are for the 1% ( them.)

[-] 0 points by dantes443322 (148) 12 years ago

Oh no. No regulation! Whatever will we do?!?

[-] 2 points by chuck1al (1074) from Flomaton, AL 12 years ago

OSHA, EPA, FDA, Wall Street regulators, MSA, Banking regulation, Consumer protection, Minimum requirements to practice medicine, Product safety, Drivers License, Commercial Truckers License, Consumer watch dog agencies, Regulate a armed force, regulate a police force, regulate the practice of law. all these are called civilization.

[-] 0 points by dantes443322 (148) 12 years ago

Have you ever looked the Federal regulations that we have now?

http://ecfr.gpoaccess.gov/cgi/t/text/text-idx?c=ecfr&tpl=%2Findex.tpl

Go ahead and read it. Get back to me in about 5 years when you may have gone through them.

There is not a second of your day that is not regulated by the government.

[-] 2 points by chuck1al (1074) from Flomaton, AL 12 years ago

Lack of Regulations of wall street/Big Banks was a major cause of the 2007-2008 Financial crash. This the conclusion reached by the congressional committee investigating the cause of the crash, a two year study released in 2011. So I suggest you stop mouthing the Republican talking points and learn the facts.................... Look up the repeal of the Glass-Steagall Act of 1933 by the Republicans in 1999.

[-] 0 points by rickMoss (435) 12 years ago

We need a better plan of attack.

The Revolution has started - Read “Common Sense 3.1” at ( www.revolution2.osixs.org )

FIGHT THE CAUSE - NOT THE SYMPTOM

[-] 0 points by MattLHolck (16833) from San Diego, CA 12 years ago

public works to public healthcare

[-] 2 points by chuck1al (1074) from Flomaton, AL 12 years ago

You apparently disagree, my I suggest a history lesson for you. 1929 -1941 The Great Depression.

[-] 1 points by MattLHolck (16833) from San Diego, CA 12 years ago

define the Reins act

I support the jobs bill and would move that it be applied to other social issues like energy and health care

[-] 2 points by chuck1al (1074) from Flomaton, AL 12 years ago

The REINS Act Would Waste Taxpayer Dollars, Jeopardize Public Protections, and Threaten the American Way of Life................................The Coalition for Sensible Safeguards strongly opposes the Regulations from the Executive in Need of Scrutiny (REINS) Act of 2011 (H.R. 10/S. 299). The REINS Act would threaten critical public protections by requiring congressional review of all major rules, placing an impossibly high burden on Congress in the process. Through a fast-track legislative process, the REINS Act would attempt to force Congress to vote on all new major rules: those having an annual economic impact of $100 million or more. Agencies could implement only those rules approved by both houses of Congress and signed by the President within an implausibly tight deadline of 70 legislative days. Rules that are not affirmatively approved are automatically rejected.................................Further delaying the rulemaking process would prove costly. Congress recognized the need for action when, through law, it directed agencies to set standards that keep our air and water clean; our food, drugs, cars, and other products safe; our workplaces fair and free from danger; our healthcare system and other services accessible to those in need; our economy prosperous; and our nation secure. To subject these standards to second-guessing would not only be wasteful; it could be damaging or even deadly...................The intent of the REINS Act is, and the effect of its adoption would be, to cripple the ability of federal agencies to protect the environment, public health, and safety.

[-] 0 points by MattLHolck (16833) from San Diego, CA 12 years ago

wow

The REINS Act Would Waste Taxpayer Dollars, Jeopardize Public Protections, and Threaten the American Way of Life................................The Coalition for Sensible Safeguards strongly opposes the Regulations from the Executive in Need of Scrutiny (RE

so much denunciation in the first few lines

I'm not going to take the passage seriously and read the resr

[-] 2 points by chuck1al (1074) from Flomaton, AL 12 years ago

You Wanted to Know the REINS ACT as proposed by Tea Party Republicans......Then refuse to read the Explanation! I find this extremely Ideological of you and your narrow mind.

[-] 1 points by MattLHolck (16833) from San Diego, CA 12 years ago

because the opening was overtly prejudiced

[-] 2 points by chuck1al (1074) from Flomaton, AL 12 years ago

The rest was the REINS ACT are you afraid to read your Tea Party Republicans Proposal?

[-] 1 points by MattLHolck (16833) from San Diego, CA 12 years ago

no I'm suggesting they find another salesman to present it

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

Your predictable and a troll.

[-] 1 points by dantes443322 (148) 12 years ago

chuck1al (Flomaton, AL) 1 points 2 days ago Your predictable and a troll.

This coming from someone who cuts and pastes and stated "As ThinkProgress Justice editor Ian Millhiser wrote"

Do you have any original thoughts? Or just those issued to you?

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

Does that make it not true. All you have is opinion that is base on your personal prejudices.

[-] 1 points by MattLHolck (16833) from San Diego, CA 12 years ago

don't know haven't researched

[-] 1 points by MattLHolck (16833) from San Diego, CA 12 years ago

which legislation ?

[-] 2 points by chuck1al (1074) from Flomaton, AL 12 years ago

Why don't you just research the Reins Act wouldn't that be the smart thing to do.

[-] 1 points by MattLHolck (16833) from San Diego, CA 12 years ago

so the reins act restricts other legislation from passing?

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

YES it does.

[-] 1 points by MattLHolck (16833) from San Diego, CA 12 years ago

you're

[-] -1 points by betuadollar (-313) 12 years ago

Well, we gotz to do something... ask anyone in corporate America at any level - we can't create growth because there are too many regulations. And this is coming directly from the people who own employment agencies - this is what they are being told in their quest for jobs.

[-] -1 points by KahnII (170) 12 years ago

Regulations kill jobs everywhere. Billions are spend meeting useless redundant federal regulations that could be used to create more jobs. The only "stimulus" that comes from regulations is stimulating the bank accounts of corporate attorneys.

[-] 3 points by chuck1al (1074) from Flomaton, AL 12 years ago

That is the Tea Party Republicans talking point, if you repeat a lie over and over people will believe it is true. Its the Lack of regulation of wall street/ Big Banks that was the major cause of the financial collapse. look up the repeal of Glass-Steagall Act of 1933 by the Republicans in 1999. the Congressional committee to find the cause concluded this. ITS ALL DOCUMENTED FOR YOUR EDUCATION!

[-] 0 points by KnowledgeableFellow (471) 12 years ago

Clinton could have vetoed that bill, but he was for it. It was bipartisan. Don't try to change history.

[-] 2 points by chuck1al (1074) from Flomaton, AL 12 years ago

You don't blame the victims of a con-artist you blame the con-artist.(Republicans) Its still what they are saying Government regulations are hurting the economy. America wouldn't be in this financial shape if it wasn't for listening to Republicans.

[-] 0 points by KnowledgeableFellow (471) 12 years ago

That's bullshit. Both parties did their share. But it was Dodd and Frank who bought votes by making mortgages available for everyone, then denying there was a problem right up to the last minute, then protected their buddies at Fannie and Freddie.

Learn history, please.

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

I have learned history, you need to comprehend what you read............. The Republican talking points at the time(and now) where get regulation off the free market and the free market will solve all of our problems................... Well obviously it is a total failure and the republicans are still preaching get government regulation off the free market and the free market will solve our problems........Don't you find that a bit ironic considering deregulation caused the greatest financial collapse since the Great depression,.............. and the great depression was caused by republicans deregulating the free market...........Isn't it time we stopped listening to the Republicans?.......Some leading economists say this will be the start of the 2nd Great Depression. .................Reagan's law #3 is an example of what we are up against, how we combat it is the real issue.............The Republicans and the 1% got richer during the Depression and the Recession........They have no regard for the people and shouldn't even be a factor,......... yet they are because of Religion and Ignorant voters going against their own economic self interests to vote their prejudices.........That's why OWS is so important, to change the national conversation back to wall street/Big Banks and the people who make it possible for them............., and away from the deficit, it doesn't matter, you must run a deficit in times of financial and economic troubles, like FDR did....................... We are in a severe crisis and our very existence is in the balance..........We can't treat the traitorous Republicans with any respect.

[-] 0 points by KnowledgeableFellow (471) 12 years ago

first of all, you said "deregulating the free market". Ummm, if markets are free, they don't need deregulating. Secondly, you are spouting the liberal media and Democrat talking points that imply conservatives want no regulation. That simply is not true, even though you say it all the time. Appropriate and reasonable regulation is what we should strive for. Not the overreach that Democrats like to concoct.

Thirdly, deregulation did not start the great depression. There were many causes, but Smoot-Hawley is what propelled the world downward into recession/depression. How ironic, a major part of OWS seems to be to place tariffs or other artificial barriers on international trade. That's just Smoot-Hawley all over again. No. Thank-you.

The Republicans got richer.....oh, and no Democrats got richer? Just take a look at all those idiot celebrities that clamor to your sites for photo-ops. You continue to spout that Democrat canard of a talking point that it is only Republicans in the so-called 1%. No matter how many times you say that, it is still a lie.

Ignorant voters? So, you are the wise one who should dictate to others. Ohhh Myyyyy Goooood. And there you go.....yeah, religion certainly is the problem, now isn't. That doesn't even make sense.

Our country is almost at the tipping point financially because of promises past congresses have made. And you say running deficits as we are is just fine. Wow. We have no money to spend. We borrow it from the Chinese. Okay? Geez.

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

Reagan's law #3........The great depression was caused by the financial banks and investment banks joined, just like 2007......That was the purpose of Glass-Steagall Act of 1933. You know absolutely nothing about history or the Republicans agenda or your a liar. As far as ignorant voters are concerned just look at the education level of the red states and compare that to the blue states. the red states are under-educated..........poor and rural..........You know nothing absolutely nothing.....everything in your response to me was your opinion or slanted view of history. You need deprogramming and are an example of what is wrong with this country........ Science Daily published a study that showed Liberals have higher IQ's than conservatives.....look it up.........do some research if you want to discuss this matter further.

[-] 0 points by KnowledgeableFellow (471) 12 years ago

An you are the problem now that you have set yourself up as the elitist. All you did was talk about fucking IQ's and things truly, at the end of the day, don't fucking matter. You imbecile.

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

Absolutely no facts to support your Opinion, the trade mark of a troll.

[-] 0 points by KnowledgeableFellow (471) 12 years ago

I'm quite sure I knew the issue of Glass Steagal long before you did. So, don't try to school me, ok? You still think conservatives want no regulation? If so, that just shows how fucking dumb you are. Get a fucking life, ok?

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

What more Information do you need, the Republican platform is deregulation.......The (Tea Party Republicans) want to end all regulation under the REINS act which is a republican bill in the House that would end government ability to regulate ANYTHING......................... So a little schooling for you again, genus,............................................................. So instead of showing your total Ignorance in front of everybody,..... you called Me a DUMB ASS!........................................................................ I guess this makes you lower than whale shit in the IQ department................................................. So do us all a favor and GET A LIFE.

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[-] 0 points by KnowledgeableFellow (471) 12 years ago

Chuck....first of all, you say the Tea Party insists on no regulation. Either you are mis-informed, or you are lying. The debate is about the degree of regulation and what types of regulations, not if there should be any, or not. Geesh.

And tell me what a financial bank is, apart from investment banks and what you call deposit banks.

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

The Tea Party Republicans want to dismantle almost all of the Regulatory agencies. What Planet have you been living on?............... I'm not going to provide you with a link, that would be too easy......Just dig a deeper hole, so I can shovel in in on you, please.................................... It's impossible to defeat the truth only confuse the people who are reading this thread.............. Look up the Glass-Steagall Act of 1933 if you want to see why separation of financial banks from deposit banks is important .....Also you didn't address any of my points backed by facts, WHY.

[-] 0 points by KnowledgeableFellow (471) 12 years ago

facts? where were your facts that the financial banks (do you mean commercial banks?) and investment banks caused the depression. It was just a statement you made. As if it was true.

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

No I meant the Financial Banks as opposed to Deposit Banks...... My proof is the 2011 congressional Inquiry commissions report on the causes of the financial collapse............................................History.....the Repeal of Glass-Steagal act of 1933 in 1999 by the republicans................................ FDR's report on the causes of the great depression.......The Tea Party Republicans insistants on no regulation of the market place, that's now after it caused the rescission of 2007-2008. Do you need anymore? if you do I have plenty do you?

[-] 1 points by rayl (1007) 12 years ago

the problem is caused by both parties. they are the same thing masquerading as two separate entities. divide and conquer is their game and always has been. if you play the left-right, republican-democrat game you're falling right into their trap! wake up and unite! moneyed interests are making a mockery of our nation, wake up!!!

[-] 0 points by KnowledgeableFellow (471) 12 years ago

That's right......the Democrats and Republicans have this big conspiracy going. I understand they meet at a back table at Applebee's on Tuesday evenings to plot all of this out.

I have never seen so many conspiracies put forth as I have on this site.

[-] 1 points by rayl (1007) 12 years ago

where does the funding for both parties come from? don't be so naive as to think they're not working together. how have we gotten into this mess without their explicit cooperation? either party could have blocked legislation that has brought this mess about. wake up!

[-] 0 points by KnowledgeableFellow (471) 12 years ago

"explicit cooperation". That is quite an accusation. I suggest you take it from the level of a mere wild, off the mark remark. Show how the Republicans and Democrats deal together in "explicit cooperation". I'm waiting......

[-] 1 points by rayl (1007) 12 years ago

explicit cooperation in producing the legislation that has been passed in the last 25 years or so.

[-] 0 points by KnowledgeableFellow (471) 12 years ago

"the legislation" says nothing. Why don't you try coming up with facts?

[-] -1 points by JohnnyO (119) 12 years ago

Regulations kill jobs.

[-] 2 points by JonoLith (467) 12 years ago

FOX news junky huh?

[-] -1 points by JohnnyO (119) 12 years ago

MSNBC talking point note taker, huh?

[-] 2 points by JonoLith (467) 12 years ago

I do like that Rachel Maddow. But I'm a sucker for a lady in glasses who tells the truth.

[-] -1 points by JohnnyO (119) 12 years ago

She looks like Keith Olbermann although much more masculine than he.

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

Like the lack of Regulations caused the Great recession, or haven't you been paying attention.

[-] -1 points by JohnnyO (119) 12 years ago

You are a waste of time. Ask a contractor what's its like to deal with municipal zoning boards, building permits and inspectors. The local bureauocracy alone is enough to drive people out of business. The Feds take it to a whole new level.

[-] 1 points by looselyhuman (3117) 12 years ago

I see that you read the article. Not.

[-] -1 points by JohnnyO (119) 12 years ago

Lol. Theres a very big reason factories won't ever come back to the US. Tell us what would have to happen if say a company wanted to build a big huge manufacturing facility anywhere in the US?

How quickly could they do it? Hmm? I'll give you a hint; in China or Malaysia they could build it in no time flat.

[-] 2 points by looselyhuman (3117) 12 years ago

"Theres a very big reason factories won't ever come back to the US"

Yes it's called neoliberal free trade deals and slave labor in developing countries, which has overridden home bias. Read Adam Smith. We need to revert to the trade policies that saw us through the growth of the middle class. Oh, yeah, unions and regulations also helped create the middle class.

[-] -2 points by JohnnyO (119) 12 years ago

Wrong. Government is the problem. Massive intrusion across every front.

You can't plunge one shovel into the ground without an environmental impact study and a whole myriad of permits, zoning ordinances and other rules, regulations, taxes, fees, etc, etc. etc.

If a company does get through the maze and expense government layers in top of them the products they make reflect the cost of that needless overhead.

[-] -2 points by JohnnyO (119) 12 years ago

We don't want anymore government employees.

[-] 2 points by chuck1al (1074) from Flomaton, AL 12 years ago

What does that mean? please explain.

[-] -3 points by JohnnyO (119) 12 years ago

We need to shrink the number of government jobs:,federal, state, local.

[-] 2 points by chuck1al (1074) from Flomaton, AL 12 years ago

Just where would you start?

[-] -1 points by JohnnyO (119) 12 years ago

The Department of Education has 5000 employees. That's a good start. Most of them overlap with state education departments.

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

Eliminating public education is a goal of the religious right(tea party-republicans).

[-] 0 points by JohnnyO (119) 12 years ago

Nice meme. Republicans would actually like to see the mi ey go towards education, not one of your bureaucrat pals in DC.

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

The tea Party republicans want a voucher system, so the tax payer supports religious schools.

[-] 1 points by thestruin (83) 12 years ago

Or, and I'm just tossin this out there, the Tea party republicans want vouchers to get kids into functional private schools, as opposed to the woefully inadequate public school system. plus the jobs creation bill does a lot of stuff besides just create a bunch of employees, it creates a new bureau that can print money to pay for expenditures approved by congress t its own discretion, as well as funding all of the jobs with fresh currency.

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

Your an Ideology fool of the Tea Party. Just who do you think under funded the public school system. Please educate yourself before making a fool of yourself. It last forever on the internet.

[-] 1 points by thestruin (83) 12 years ago

The Tea Party underfunded the school system. I am not an 'Ideology fool of the Tea Party', but I really want you to think for a minute about your premise, a political entity that has existed for maximum of what, three years? managed to systematically underfund the education system in this country for the past 40 years. If you are trying to assert it was the republican party, i'm going to have to ask for more than anecdotal circular logic. It was FDR's social welfare programs that started to borrow education money, which continued almost unabated until the eighties. then it was Reagan's Fiscal reconstruction plan that moved education spending into the military's domain and therefore relative safety, I say relative, mind you, the Post cold war clinton cuts barely missed the education program and it was moved out of military purview. Clinton kept the funding equivalent to what it had risen to, then the bush administration's infamous no child left behind act along with a budget deficit inflated by war took the education system to the edge. The obama Stimulus packages and economic recovery act provided little more than air for the school funding.

[-] 2 points by chuck1al (1074) from Flomaton, AL 12 years ago

Home Schooling was illegal until 1983, and the provision to have certified teachers for home schooling was removed from the bill by the Religious Right......................The Christian right sees homeschooling and private schooling as a viable alternative to secular education............................The Christian Right and the Tea Party are one and the same, The Republican Party is a tool of the Religious Right..............The Tea Party re-branding of the Religious right is documented is this book......AMERICAN GRACE WINS BEST POLITICAL SCIENCE BOOK OF 2010-2011.

Robert D. Putnam (Harvard) and David E. Campbell (Univ. of Notre Dame) have been awarded the Woodrow Wilson Foundation Award for American Grace: How Religion Divides and Unites Us (Simon and Schuster). The Wilson Award of the American Political Science Assocation (APSA) recognizes the "best book published in the U.S. during the previous calendar year on government, politics, or international affairs".

The Home School Legal Defense Association was cofounded in 1983 by Michael Farris, who would later establish Patrick Henry College, and Michael Smith. This organization attempts to challenge laws that serve as obstacles to allowing parents to homeschool their children and to organize the disparate group of homeschooling families into a cohesive bloc. The number of homeschooling families has increased in the last twenty years, and around 80 percent of these families identify themselves as evangelicals.............The Christian Right has worked to modify the public school curriculum in a number of ways. It has made inroads by having its followers win school board elections. Research suggests that these candidates run solely to propagate their religious or moral beliefs as school policy. The smaller the jurisdiction, the greater the tendency for the Christian Right pragmatically to support favorable candidates who can win, regardless of political-party affiliation...........................

The Christian Right has strong opinions on how American children should be educated, speaking out in support for activities like state-sanctioned prayer in public schools..........................The Christian Right strongly advocates for a system of educational choice, using a system of school vouchers. Vouchers would be government funded and could be redeemed for "a specified maximum sum per child per years if spent on approved educational services". This method would allow parents to determine which school their child attends while relieving the economic burden associated with private schools. The concept is popular among constituents of church-related schools, including those affiliated with Roman Catholicism.............The Christian Right has promoted the teaching of creationism and intelligent design as opposed to the teaching of evolution. The Christian Right has not supported the teaching of evolution in the past, but it does not have the ability to stop it being taught in public schools..........................On the issue of sexual education in public schools, a spectrum of views exist within the Christian Right. Some advocate removing sexual education from public schools, others support teaching abstinence until marriage, and still others advocate encouraging complete modesty and chastity.........................The Christian Right believes that separation of church and state is not explicit in the American Constitution, believing instead that such separation is a creation of what it claims are activist judges in the judicial system though both Thomas Jefferson and James Madison make very similar writings taking a positive position on church/state separation. In the United States, the Christian Right often supports their claims by asserting that the country was "founded by Christians as a Christian Nation" though this claim ignores the fact that many statements present in the Constitution are not based on Christianity, but rather on the Enlightenment and Enlightenment philosophers............................http://en.wikipedia.org/wiki/Christian_right#Education.....................

[-] 1 points by thestruin (83) 12 years ago

I completely agree with every bit of information you have provided, I'm not taking the stance that the tea party is anything more than a religious party with extreme views on moral reform, the stance i'm taking is that our education system has been equally underfunded by both sides of the aisle. I also take the stance that our media has encouraged a cultural disdain for learning in general, resulting in large segments of our population being unable to think for themselves or adequately form cohesive thoughts. It's a problem that we need to fix, not just buy a solution to. Does that make any sense?

[-] -3 points by raines (699) 12 years ago

Get rid of the EPA. This country is over regulated. It's not business friendly, it's not people friendly.

[-] 3 points by looselyhuman (3117) 12 years ago

I think banning lead based paints, stopping raw sewage from flowing into rivers, banning DDT, ensuring safe drinking water, cleaning up air pollution, stopping the hole in the ozone layer, getting dioxins out of foods, stopping dumping of sewage into the oceans, and many other EPA accomplishments are...

Very people friendly.

http://www.epa.gov/history/topics/epa/25b.html

[-] 2 points by chuck1al (1074) from Flomaton, AL 12 years ago

Yeah like the lack of regulation caused the Great recession. or haven't you been paying attention.

[-] -3 points by tsizzle (73) from De Pere, WI 12 years ago

The Dem jobs bill is a joke..billions of dollars to fund more teachers and police officers for a year...oh yeah, "construction jobs" all those shovel ready projects that didn't exist last time around

[-] 4 points by chuck1al (1074) from Flomaton, AL 12 years ago

tsizzle.....I can see by your post you do not know what your talking about. Please do some research and come back and post an intelligent response on the subject, with facts not your opinion. Also if you think Jobs are a joke your an ignorant fool.

[-] -1 points by tsizzle (73) from De Pere, WI 12 years ago

short term jobs at the expense of the taxpayer is useless...a jobs bill to put teachers in the classroom? honestly? that's the solution? first off, its november...it is the middle of the FUCKING SCHOOL YEAR!

[-] 3 points by chuck1al (1074) from Flomaton, AL 12 years ago

Tsizzle,.....Take a lesson from History.......1929-1941......The Great Depression.....

[-] 0 points by tsizzle (73) from De Pere, WI 12 years ago

what on Earth does that have to do with paying teachers at shitty schools for another year

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

I guess you didn't look at the link, that makes you ignorant.

[-] 0 points by tsizzle (73) from De Pere, WI 12 years ago

that alone makes me ignorant...what a fucking tool you are

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

Yes your refusal to Aguirre knowledge makes you ignorant.

[-] 0 points by tsizzle (73) from De Pere, WI 12 years ago

Aguirre? honestly? it is ACQUIRE...you really are a fucking tool.

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

well what ever, it makes you a troll. This conversation is finished.

[-] -2 points by JohnnyO (119) 12 years ago

obama only talks about jobs for those who support him; public unions.

[-] 1 points by JoeSteel (58) 12 years ago

Actually no, he also supports small business employment tax cuts which for some asinine reason Republicans oppose.

[-] 0 points by tsizzle (73) from De Pere, WI 12 years ago

companies do not hire people so they can get a tax cut. The tax cut never outweighs the cost of having the employee on staff. If the new employee will make the company more profitable, then they hire the employee..I cannot tell you of one instance where a company looked at the bottom line and made the decision to hire someone because they could get a tax break. Would they utilize the tax incentive to save the company money if they were to hire someone? Of course, but that more than likely would not be the reason the person was hired in the first place...Furthermore, it is a little disturbing to give companies tax breaks to hire people. Would you honestly want to be hired mostly because the company can write you off on their taxes?

[-] -1 points by JohnnyO (119) 12 years ago

No businessperson hires because of a possible tax cut. They hire because they actually need someone. obama never met a payroll. In fact he has exactly Zero experience in business.

[-] 3 points by invient (360) 12 years ago

Actually businesses hire when demand is high enough to afford another employee. No demand, no jobs. Take all the public sector employees out of the market, watch demand and jobs fall like a rock.

[-] -2 points by JohnnyO (119) 12 years ago

Get rid of useless and punitive regulations watch private sector hiring boom and public sector jobs go empty.

[-] 2 points by invient (360) 12 years ago

getting rid of regulations will NOT have any EFFECT on DEMAND! Many american consumers are debt saturated, meaning they have no intention of going further in to debt, and are unable to pay off the current debt. If you want to increase jobs, increase peoples wages to pay off their debts, so they can purchase more things and raise demand.

I would refer you to this interesting article, which predicts the point when adding debt has no net effect on gdp.

http://seekingalpha.com/article/289000-is-zero-hour-debt-saturation-upon-us

[-] 1 points by thestruin (83) 12 years ago

Doesn't increasing wages just increase cost of living?

[-] 1 points by invient (360) 12 years ago

I dont know enough about market dynamics to answer that. I assume most people would use the extra wages to pay down debt, in which case no effect on the economy until those people feel safe enough with their debt level. In which case, cost of living may go up.

[-] 1 points by thestruin (83) 12 years ago

It makes sense to me for the most part, except I don't think its the people spending the money that would effect it, wouldn't be the people paying people, they have to pay more, they increase costs accordingly in a sort of ripple effect, resulting in people just being able to pay off debt slightly faster than before? Which makes me wonder if you took the 1.3 trillion or whatever the total of those stimulus packages, and just split it up and gave it to everyone, would it have actually caused a bounce back?

[-] 1 points by invient (360) 12 years ago

I can see that happening. If they increase price, demand will fall for that item depending on if it is elastic or not. Then there is the issue of, not being able to predict behavior. It could be the case no on cares about paying down debts and uses the wages immediately to consume. In which case, demand goes up, and eventually supply should go up as well (i.e. business starts providing jobs to supply the extra demand)... then its up to what ever the markets decide on how price is effected.

The law of unintended consequences is great with this one. :(

[-] 2 points by thestruin (83) 12 years ago

Right? It's all chaos theory and precedent barely applies.

[-] 0 points by JohnnyO (119) 12 years ago

Steve Jobs very much wanted to have his Apple factories built in the US. He couldn't because of massive regulations and red tape. He told obama this, a man GE supported. Government is a job killing machine.

[-] 2 points by invient (360) 12 years ago

You are dodging my main arguments. Please argue the point that increase in demand does not lead to higher employment. Until then you are just rambling.

[-] 0 points by JohnnyO (119) 12 years ago

Ford is experiencing heavy demand for its products and is hiring 12000 people next year. Your theory is bogus.

http://m.theatlanticwire.com/business/2011/10/ford-hiring-12000-people-its-us-plants-next-year/43303/

[-] 2 points by invient (360) 12 years ago

This is what I said, "businesses hire when demand is high enough to afford another employee"

This is what I asked you to prove, "increase in demand does not lead to higher employment"

You gave supporting evidence for my stance.

[-] 1 points by invient (360) 12 years ago

Do you realize you just said exactly what I argued.

Ford is having an increase in demand, and his hiring more workers... that is what people call a correlation.

[-] 0 points by Farleymowat (415) 12 years ago

I'll buy ford. Not GM or Chrysler. I don't want to support a company that Obama fired the CEO of. Obama is the Big Boss Man!

[-] 0 points by JohnnyO (119) 12 years ago

You said: increase in demand does not lead to higher employment. Ford is experiencing higher demand, thus leading them to hire more workers.

[-] 1 points by chuck1al (1074) from Flomaton, AL 12 years ago

Dwight Eisenhower said. "A well paid worker is business best consumer".

[-] -1 points by raines (699) 12 years ago

So true!!!