AngryOhioan's Comments (94)

“"Whether we like it or not, the Fed really does seem to be the best agency to regulate financial firms. (It now has authority over only some firms.) As the lender of last resort, it already has a vested interest in the health of those firms."

They would be a good regulator because they have a vested interest in the health of the firms? By that logic we should let the firms regulate themselves. That is in fact exactly why the Fed can not be trusted to be a competent regulator. You want a regulator without conflicts of interest.”

“"Whereas euro zone and Canada are doing much better then us comparatively."

Canada is doing slightly better. Europe is not unless you cherry pick one or two countries and call them Europe. A few countries in europe are doing slightly better. Most are not. Look at the data.”

“So we go from change we can believe in to change is too hard.”

“Do you ever read a newspaper or watch the news. Story after story is about bailouts for wall street and how the so called reforms Obama's team is pushing are a joke. That is the image the Democrats are building under Obama. Corrupt and ineffectual.”

“10 yrs of a single data set is not scientific but selectively grafting together various data sets over longer periods is scientific? How did you determine that 150 yrs is the correct time period to look at? What data are you using to support your claim that the supposed 150 yr trend of one degree is significant and not just normal fluctuation as you claim for the 10 yrs of data? If you only look for data that confirms you biases you will find it.”

“This only old news in the sense that people have been pointing out flaw studies that used manipulated data for a long time. The emails make repeated references to cherry picking data and grafting together various data sets to show a predetermined outcome. Lame excuses that they were talking about technical tricks are just that.”

“Science isn't about what we believe 'instinctively'. It is about testing theories with actual data. When you take many sets of noisy data and cherry pick the ones that show what you want you can show any trend you want. That is what we are talking about.”

“If he was not a party to the lawsuit what does his firing have to do with it? Does anybody have any evidence he was fired because he was black. Are we just going to reflexively scream racism any time a minority loses his job?”

“He was President of the Federal Reserve Bank of New York before he was Treasury Secretary and has been part of the corrupt bailouts from the beginning. It was the Federal Reserve that allowed CIT to change its charter to get the bailout. Why don't you Geithner apologists stop lying and claiming he isn't responsible for anything before he became Treasury secretary.”

“Is anybody surprised by this. Every time Obama has had to choose between wall street and honest businesses and working people he has chosen wall street.”

“The corrupt big banks are being subsidized with taxpayer backing. The smaller banks are being left to fail. It is a policy not an accident.”

“So the Fed completely failed as a regulator and caused a massive crisis. There were a set of financial institutions which played no significant role in the crisis which were not regulated by the Fed. And our solution is no significant changes at the Fed and to put the Fed in charge of the institutions that didn't cause the crisis? Typical Washington. Reward failure punish success.”

“You would have to be completely ignorant of the history of the region not to see that Poland is threatened by a resurgent Russia. The 'Europeans' ie the Germans who are becoming Russian allies and the French who could not defend their own country let alone Poland will not defend Poland from Russia.”

“If you define 'Europe' to be France and Germany. Both of which have betrayed the Eastern Europeans in the past.”

“Is this article supposed to be a joke? It completely misses the point of what has happened and uncritically accepts absurd administration justifications of major policy changes. The real story is that we have given Russia what it wanted and betrayed our Eastern European allies. There are only a few lines buried towards the end related to the real story.”

“Saying the per capita cost is half the US is somewhat misleading. Health care is labor intensive and salaries are far lower in France. Labor cost are likely to be higher here regardless of changes to the system. French physicians make a third as much as US physicians. The discrepancy for nurses is similar and nurse practitioners in the US make more than the average French physician. That is due in part to the fact that in France medical school is paid for by the state increasing the supply of doctors. In the US the number of slots in medical schools is very limited and medical school is extremely expensive. And a US physician pays malpractice premiums as high as a French doctor's entire salary. Nobody seems to be talking about reforming our system of medical schools to increase the supply of doctors. How could we match the cost of the French system if health care workers get paid three times as much here.”

“Did you listen to the conference call. They told artists competing for government grants to produce work relating to the presidents agenda. That is propaganda. It had nothing to do with 'service'.”

“"to avert economic disaster of monumental proportions, certain "bold," but unpopular, actions needed to be taken."

What BankerTee is really saying is that we couldn't expect investors to actually take the losses. They fame their arguments in terms of 'the economy' but what they are really protecting are investors who made bad investments. What normally happens at times like this is smarter and more prudent investors and businesses buy out the imprudent. That is not happening on the scale needed to correct our problems because the reckless and irresponsible are being bailed out and the prudent are being punished. The recovery will be slow because the reckless and incompetent are being left in charge.”

“"but it ought to be a warning that the agency must gain some independence from the White House"

So you want our intelligence services to act without civilian oversight or control? If not the president then who is going to tell the CIA what to do congress? Are we going to have a vote on each secret operation? If you believe what Bush did was wrong prosecute Bush not the operatives who were following orders trying to do their jobs.”

“Even if you take Tuma's version of events at face value it is clear he went out of his way to provoke a response. If you go looking for trouble you shouldn't be surprised when you find it.”

“Do you people really have nothing better to do than argue about whether we should use the older definition or newer definition of Hispanic? You also seem to be missing the point that the distinction is there mainly because the Portuguese don't want to be associated with the Hispanics that they look down upon.”

“"Whether born from experience or inherent physiological or cultural differences, a possibility I abhor less or discount less than my colleague Judge Cedarbaum, our gender and national origins may and will make a difference in our judging. Justice O'Connor has often been cited as saying that a wise old man and wise old woman will reach the same conclusion in deciding cases. I am not so sure Justice O'Connor is the author of that line since Professor Resnik attributes that line to Supreme Court Justice Coyle. I am also not so sure that I agree with the statement. First, as Professor Martha Minnow has noted, there can never be a universal definition of wise. Second, I would hope that a wise Latina woman with the richness of her experiences would more often than not reach a better conclusion than a white male who hasn't lived that life."

A white male who said something like this would be called a racist and probably fired from their job. She says that she believes we can judge people based on their race and expect them to behave in certain ways because of their gender or national origin. How is that not racist? And what about saying there is no universal definition of wise. Is she some sort of moral relativist with no moral compass? Shouldn't she at least be asked to explain these comments?”

“"majority minority"

White males are already a minority. Constantly attacked for being born white and a male. I think during those 40 years people will wake up and see who the real racists are. People like you who race bait and try to divide people.”

“The article implies that it is wrong to have two white males on a ticket. If they won in a fair competition why is it wrong to have an all white ticket? If it were a ticket with two women would we say it was wrong to have an all female ticket? If you are going to judge people on their race and sex not qualifications you are the bigot.”

“"they are doing more to curb their pollution than we do to curb ours."
"Of course they are suffering much worse from it than we do since they haven't done the cleanup of pollutants other than CO2."

First do you have any evidence of that? I am not aware of any. Then you contradict yourself. Chinese pollution controls are much less restrictive that the US.”