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2009: The Year Wall Street Bounced Back and Main Street Got Shafted
Commented Dec 28, 2009 at 16:20:09 in Politics
“WE ARE SCREWED. THE REAL ECONOMY IS GOING DOWN WHILE PEOPLE WORRY ABOUT TERRORISM. TERRORISM IS A DIVERSION FROM REALITY. GET REAL.
MARTIN S FRIEDLANDER, ESQ.”
MARTIN S FRIEDLANDER, ESQ.”
Nation's Largest Union: Change Health Care Bill Or Else
Commented Dec 17, 2009 at 23:39:34 in Politics
“Kill the bill.”
jackhole replied on Dec 18, 2009 at 00:56:40
“ya that was a good movie.”
Summers: Obama Will Persuade Bankers Because 'We Were There For Them'
Commented Dec 13, 2009 at 15:36:28 in Politics
“All you have to do is read Sorkin's book "Too Big to Fail" and you will come to the conclusion that these ego centric Wall St. types think about nothing but themselves. If these bankers cannot triple revenue while slashing jobs, no deserving borrower will receive a nickle. If they are doing "Gods's" work, then we should put them on the unemployment line. There is nothing like a terrible swift sword to remedy this economy. Congress cannot do it. The President cannot do it. The courts must do it. I want all you Oliver Wendell Holmes judges to step up to the plate, and devise some new principles of equity to deal with the problem by judicial fiat. We need a Brown v Board of Education case to level the playing field.
Martin S. Friedlander, Esq.”
Martin S. Friedlander, Esq.”
Insurers Mount Attack Against Health Reform
Commented Oct 12, 2009 at 15:43:07 in Politics
“Screw the insurance companies. If they dont like it we can go to government medicare for all and let the insurance indusry go BK where most of us are winding up.
Martin S. Friedlander, Esq.”
Martin S. Friedlander, Esq.”
Eykis replied on Oct 12, 2009 at 15:56:20
“Exactly. The insurance companies are TRYING TO STEAL WHAT LITTLE IS LEFT OF THIS ECONOMY FOR THEIR PERSONAL GAIN.”
Supreme Court's New Term: Major Decisions Looming On Gun Rights, Business Cases
Commented Oct 04, 2009 at 15:26:23 in Politics
“Do you really believe that this Supreme Court will decide cases for the people of their constituencies?
Martin S Friedlander, Esq.”
Martin S Friedlander, Esq.”
Tom Payned replied on Oct 04, 2009 at 21:55:08
“MSF31538
Every once in a while, this right leaning current court surprises me. Latest one is Melendez-Diaz.
But as a civil rights advocate, & indigent defense provider's investigator in Oregon, I usually cringe at the thought of this court ruling on any matter connected with liberty.
I believe the prosecutor immunity should become qualified immunity as with police, but doubt have a hard time believing this court will be willing to open up that can of worms.”
Every once in a while, this right leaning current court surprises me. Latest one is Melendez-Diaz.
But as a civil rights advocate, & indigent defense provider's investigator in Oregon, I usually cringe at the thought of this court ruling on any matter connected with liberty.
I believe the prosecutor immunity should become qualified immunity as with police, but doubt have a hard time believing this court will be willing to open up that can of worms.”
Obama Finally Facing Reality in Afghanistan
Commented Sep 24, 2009 at 14:32:41 in Politics
“There is nothing in Afghanistan that is worth one more American life. This is not a country. It is an amalgam of tribes selling heroin for spending money. If a terrorist wishes to train there are many other desolate places that will allow them to train.
Reagen pulled out of Lebanon after 250 marines were killed. There is nothing worth saving. If they wish to build a nation they can do it themselves with their ballot boxes stuffed with false ballots.
This is change I can believe in.
Martin S Friedlander, Esq.”
Reagen pulled out of Lebanon after 250 marines were killed. There is nothing worth saving. If they wish to build a nation they can do it themselves with their ballot boxes stuffed with false ballots.
This is change I can believe in.
Martin S Friedlander, Esq.”
One Of The Three GOP Senators Considering Bipartisan Health Bill Blasts Dem. Plan
Commented Aug 30, 2009 at 21:22:44 in Home
“Who needs any Republican. Obama must get passionate and be a Spartan Warrior to get this bill passed.
Martin S. Friedlander, Esq.”
Martin S. Friedlander, Esq.”
TV SoundOff: Sunday Talking Heads
Commented Aug 30, 2009 at 20:49:21 in Media
“When David Brooks likes Obama, Obama is in trouble. I think he is in trouble. JFK was in trouble until he stopped listening to the centrists, the CIA, the FBI, and came out in favor of Civil Rights, which LBJ ran with losing the Southern bigots. Obama must show he is a man of principles even if he goes down in defeat on healthcare. If he takes the moral high ground and provides affordable healthcare to everyone and loses, he will campaign against a "do nothing Congress" as Truman did in 1948, and won. Then in 2010 he can pick and choose which Democrats to support and which ones go into a primary. He has to go to every Blue Dog and tell them "all or nothing at all." When he did not select Howard Dean as Secretary of Health. The Republicans are being the populists instead of the democrats. That is one friggin stupid mistake. There are no Wall St. Republicans, only Wall St. democrats. He turned over populism to the rural bigots. The Dems should be the tea baggers. The Dems should be the revolutionaries. He must put the torturers on trial and pillory Bush and his cronies.
Martin S. Friedlander, Esq.”
Martin S. Friedlander, Esq.”
petecook5 replied on Aug 30, 2009 at 23:47:29
“waiting for godot”
Hatch, Dodd: Vicki Kennedy Would Be "Great" Replacement For Husband (VIDEO)
Commented Aug 30, 2009 at 13:48:10 in Politics
“Vicki has shown her passion, compassion, and dignity for years. She assisted Ted in his redemption. She should assist America in its redemption. Healthcare is a moral issue, not a political one. She has the morality to carry the torch with Obama.
Martin S. Friedlander, Esq.”
Martin S. Friedlander, Esq.”
takeyourballandgohome replied on Aug 30, 2009 at 14:08:15
“Then she can return home and craft cards and bake cookies. Just let that place she took up in law school to earn a living be chalked up to one more woman out of the workforce.
Common Sense 2009
Commented Aug 22, 2009 at 02:12:37 in Politics
“Larry Flynt made a point. Obama is not the change I believed in. He is center right, not center left. It will take a rebellion by the progressives who elected him to force the change he campaigned on. Why are we still using Blackwater mercenaries in Iraq and Afghanistan at 6 figures a man. They are nothing but paid killers responsible to no one. Unconstitu
Martin S. Friedlander, Esq.”
Martin S. Friedlander, Esq.”
madisonhack replied on Aug 22, 2009 at 08:09:36
“You are absolutely right. Although most of us were unaware of how corporatist the new Administration would be, some of us had inklings.I noticed and did the math behind contributions that sent Obama to the White House, and I didn't like what I saw - but the alternative in the end was far worse than what we have now. Can anybody imagine having McCain/Palin at the helm today? However, Obama's support from progressives began to wane when he flipped on FISA, torture, rendition, and a host of other Bush policies (rendition began under Clinton, but no matter). His finger-in-the-wind approach to health care reform is what is sending me and other progressive Dems who supported Obama over the edge...but make no mistake, it started months ago.
Kudos to you Larry Flint for standing up and using your platform and in speaking truth to power once again.”
Kudos to you Larry Flint for standing up and using your platform and in speaking truth to power once again.”
Holder Torture Investigation Likely
Commented Jul 12, 2009 at 13:29:57 in Politics
“Rahm, whose family was a member of the Irgun understands torture. Hopefully, now that Began signed a Peace accord with Sadat, all that torture is in the past. That is why Holder must convince Rahm and then Obama that torture will no longer be tolerated and all of the torturers be brought to justice in the true American Way: due process witha fair trial with a jury of their peers. If Cheney needs to be prosecuted to further our reputation throughout the world then Cheney must stand in the dock alongside of Goering and Von Runstead.
Martin S. Friedlander, Esq.”
Martin S. Friedlander, Esq.”
hrholmes replied on Jul 12, 2009 at 13:42:46
“Exactly. Either we are a nation of laws and freedom or we are not. War crimes against humanity was the issue this administration was to be elected for long before the economy tanked. Tell Obama not to forget that.”
GreatTruthsSeeker replied on Jul 12, 2009 at 13:38:11
“Rahm is on the same page with Holder. Holder must follow the law, it does't matter what Obama thinks about looking forward, not back. The short term benefit of this situation is, by getting more of the truth out in regards to their deeds, society will effectively prevent them from traveling in many countries.”
Blue Dogs Backsliding On Anti-Health Care Reform Backsliding
Commented Jun 10, 2009 at 05:41:52 in Politics
“The Blue Dogs are really black dogs. What is the problem with Public Healthcare? Jane Harmon are you so rich that you dont give a damn about the uninsured? Government isn't the problem with Health care reform; the Blue Dogs are.
Martin S. Friedlander, Esq.”
Martin S. Friedlander, Esq.”
dwright replied on Jun 10, 2009 at 08:03:46
“did you read the article? obviously not - go back and read it please”
![Obama Calls for An Extreme Makeover of Our Culture: Are the Credit Card Companies Listening? [Updated]](http://images.huffingtonpost.com/gen/35984/thumbs/s-HUFFINGTON-small.jpg)
Obama Calls for An Extreme Makeover of Our Culture: Are the Credit Card Companies Listening? [Updated]
Commented May 19, 2009 at 00:21:48 in Politics
“Arianna:
The Supreme Court of the US overturned the Supreme Court of California where my friend Ron George presides as Chief Justice. California ruled that the California usury statute trumped South Dakota and federal regulations. In Smiley v Citibank, the Supreme Court of Bush, held that California usury laws must bend. Now all the banks are incorporating in South Dakota prairie dog country. To think that Bob Rubin sat on the Board of Citigroup is repulsive.
If it wasn't for the Smiley decision we would not be having this conversation.
Martin S Friedlander, Esq”
The Supreme Court of the US overturned the Supreme Court of California where my friend Ron George presides as Chief Justice. California ruled that the California usury statute trumped South Dakota and federal regulations. In Smiley v Citibank, the Supreme Court of Bush, held that California usury laws must bend. Now all the banks are incorporating in South Dakota prairie dog country. To think that Bob Rubin sat on the Board of Citigroup is repulsive.
If it wasn't for the Smiley decision we would not be having this conversation.
Martin S Friedlander, Esq”
whatdoyouwant replied on May 19, 2009 at 01:54:28
“We aren't havinga conversation cause no one knows what you are talking about.
Gee, you are friends with the famous Ron George....
Gee, you are friends with the famous Ron George....
Erin Burnett Defends Using Tax Havens: "Isn't It Your Obligation In This Country...To Pay As Little As You Can?" (VIDEO)
Commented May 04, 2009 at 13:53:27 in Media
“The uber wealthy can go to the safety net countries where they will pay more taxes. Au revoir.
Martin S. Friedlander, Esq”
Martin S. Friedlander, Esq”
Erin Burnett Defends Using Tax Havens: "Isn't It Your Obligation In This Country...To Pay As Little As You Can?" (VIDEO)
Commented May 04, 2009 at 13:51:41 in Media
“Erin and Joe do not have a clue about taxes except they don't wish to pay them. The tax code has been amended over and over again based on political and economic agendas. Obama seeks an amendment of the tax code for the same reason. Paying as little taxes as allowed (allowed) being the operative word, is encouraged. That is what Erin and Joe are talking about. They are both ditto heads on that issue with me as a ditto.Obam
If you don't like that agenda, that is your perogative, but don't make change a "nasty" word. Obama was elected by a strong majority to impose economic and political change in this country.
Is there anything you did not understand?
Martin S. Friedlander, Esq.”
If you don't like that agenda, that is your perogative, but don't make change a "nasty" word. Obama was elected by a strong majority to impose economic and political change in this country.
Is there anything you did not understand?
Martin S. Friedlander, Esq.”
In Their Own Words: Why Dem Senators Screwed Homeowners
Commented May 01, 2009 at 16:04:15 in Politics
“The banks and finance companies do own the senate, democrats and republican
There are more than party differences. There are life style differences. Lets blow Big Ag out of their subsidies. There has to be a lot of trading off among the democrats to have a coherent recovery.
Martin S. Friedlander, Esq.”
There are more than party differences. There are life style differences. Lets blow Big Ag out of their subsidies. There has to be a lot of trading off among the democrats to have a coherent recovery.
Martin S. Friedlander, Esq.”
Two Key Dems Throw Cold Water On Bankruptcy Bill
Commented Apr 28, 2009 at 16:12:44 in Politics
“To all viewers:
Each and every Democrat and the Administration should get behind the new bankruptcy bill, The 2005 Act should be repealed. Individual homeowners whose principal residence is under water are entitled to the Chapter 11 "cram down". What is good for GM is good for us working stiffs who got screwed by greed and fraud in the banking system. Private student loans should be dischargeable. Interest rates should be limited to 10%. Executory contracts should be rejected. If the unions can get busted by GM in BK, the banks should get busted by the working stiff who got shafted.
Martin S Friedlander, Esq.
Bankruptcy Lawyer”
Each and every Democrat and the Administration should get behind the new bankruptcy bill, The 2005 Act should be repealed. Individual homeowners whose principal residence is under water are entitled to the Chapter 11 "cram down". What is good for GM is good for us working stiffs who got screwed by greed and fraud in the banking system. Private student loans should be dischargeable. Interest rates should be limited to 10%. Executory contracts should be rejected. If the unions can get busted by GM in BK, the banks should get busted by the working stiff who got shafted.
Martin S Friedlander, Esq.
Bankruptcy Lawyer”
Palemoon replied on Apr 28, 2009 at 19:57:40
“What help did GM get? Nothing compared to the bankers and wall street.
How come you don't criticize that? Oh yeah, you are a neocon infiltrator stirring up trouble on here to push things beneficial to you. The fact you are a bankruptcy lawyers means you are voting in the best intrests of you, not the country.
A homeowner would have 1000 times the credibility on the subject than you.”
How come you don't criticize that? Oh yeah, you are a neocon infiltrator stirring up trouble on here to push things beneficial to you. The fact you are a bankruptcy lawyers means you are voting in the best intrests of you, not the country.
A homeowner would have 1000 times the credibility on the subject than you.”
shivadas replied on Apr 28, 2009 at 16:43:16
“Absolutely correct!”
doubtingdavid replied on Apr 28, 2009 at 16:32:38
“At long last, an intelligent liberal comment I agree with.”
OMG1109 replied on Apr 28, 2009 at 16:26:18
“well stated and I'm with you...”
UnknownSoldier replied on Apr 28, 2009 at 16:25:57
“Agreed”
Torture and the Problem of Constitutional Evil: The Way Forward
Commented Apr 23, 2009 at 14:13:06 in Politics
“Dear Professor:
The authors of the torture memorandums should be prosecuted, impeached, and disbarred. The US does not conduct inquisitions. The thought of Bybe sitting in judgment of fellow human beings is beyond the pale. If Obama sweeps this under the rug then Obama will be swept under the rug of American history. He will sell his soul to fulfill his ambitions. That is why he appointed Summers and Geithner, two of the men who supported this unregulated Ponzi scheme we call "Wall Street"
I would never attend a law school class given by John Yoo. He is an abomination. Northwestern Law School 1962 and member of the Law Review. Admitted in NY and Cal.
Martin S Friedlander, Esq.
Constitutional Lawyer”
The authors of the torture memorandums should be prosecuted, impeached, and disbarred. The US does not conduct inquisitions. The thought of Bybe sitting in judgment of fellow human beings is beyond the pale. If Obama sweeps this under the rug then Obama will be swept under the rug of American history. He will sell his soul to fulfill his ambitions. That is why he appointed Summers and Geithner, two of the men who supported this unregulated Ponzi scheme we call "Wall Street"
I would never attend a law school class given by John Yoo. He is an abomination. Northwestern Law School 1962 and member of the Law Review. Admitted in NY and Cal.
Martin S Friedlander, Esq.
Constitutional Lawyer”
Boehner: Memos Outline "Torture Techniques"
Commented Apr 23, 2009 at 13:58:19 in Politics
“TO MY FELLOW AMERICANS:
If we let these crimes of torture go unprosecuted, there will no longer be a restraint on how far a President may proceed in what he perceives to be rightous even though it is clearly wrong under US criminal law and the Treaties we have signed. The Constitution clearly states that a Treaty that has been signed by the President and confirmed by 2/3rds of the Senate has the force of law and is the "Supreme Law of the Land"
Nixon thought he was above the law and the Supreme Court thought otherwise. If Obama pushes these violations under the rug he will and should be prosecuted for compounding a felony. Where is the steel in his backbone?
Martin S Friedlander, Esq.
Constitutional Lawyer”
If we let these crimes of torture go unprosecuted, there will no longer be a restraint on how far a President may proceed in what he perceives to be rightous even though it is clearly wrong under US criminal law and the Treaties we have signed. The Constitution clearly states that a Treaty that has been signed by the President and confirmed by 2/3rds of the Senate has the force of law and is the "Supreme Law of the Land"
Nixon thought he was above the law and the Supreme Court thought otherwise. If Obama pushes these violations under the rug he will and should be prosecuted for compounding a felony. Where is the steel in his backbone?
Martin S Friedlander, Esq.
Constitutional Lawyer”
Emerald1943 replied on Apr 23, 2009 at 14:03:18
“I believe he has said that the decision is for the Justice Department and AG Holder who has said he "would follow the law". You know, as well as anyone, that this is a matter for an INDEPENDENT Justice Department and that the AG is bound by law to investigate and prosecute if wrongdoing is found.
I have faith that we will see prosecutions.
Thank you for your comment. I hope you will be a "regular" here! It's always nice to have a constitutional lawyer in the house! :-)”
I have faith that we will see prosecutions.
Thank you for your comment. I hope you will be a "regular" here! It's always nice to have a constitutional lawyer in the house! :-)”
sharonh replied on Apr 23, 2009 at 14:00:59
“Dear Mr.Friedla
firewmn replied on Apr 23, 2009 at 13:59:49
“Don't be on a witch-hunt
Clarence Thomas: Americans Don't Sacrifice As Much
Commented Mar 17, 2009 at 02:35:29 in Politics
“Clarence Thomas is an embarassment. If it was not for affirmative aqction he would not have been admitted to Yale Law School. He still bears his anger on his sleeve. Cut that sleeve off and get a life.
Martin S Friedlander, Esq.”
Martin S Friedlander, Esq.”
White House Confidential
Commented Mar 09, 2009 at 02:33:08 in Politics
“Mr. President:
Summers and Geithner can't sell diddley squat. They and Rubin are the guys who got us into this derivative crap and crap its is. AIG unit in London should be put into Chapter 11 so that all of these insurance contracts can be rejected. If some of the big boys fail then let them fail. Citi should fail. GM should go into Chapter 11 as well. We need one big Chapter 11 for everyone. Flatten everyone. We will recover so long as the people know and believe that there are no favorites. The people want blood and a catharsis.
Let the Senate and the House carry the ball on the investigative process. If the big boys don't honor subpoenas then let Eric jail them until they testify. If jail is good for Judith Miller for contempt then jail everyone who refuses the subpeonas.
Martin S. Friedlander, Esq.”
Summers and Geithner can't sell diddley squat. They and Rubin are the guys who got us into this derivative crap and crap its is. AIG unit in London should be put into Chapter 11 so that all of these insurance contracts can be rejected. If some of the big boys fail then let them fail. Citi should fail. GM should go into Chapter 11 as well. We need one big Chapter 11 for everyone. Flatten everyone. We will recover so long as the people know and believe that there are no favorites. The people want blood and a catharsis.
Let the Senate and the House carry the ball on the investigative process. If the big boys don't honor subpoenas then let Eric jail them until they testify. If jail is good for Judith Miller for contempt then jail everyone who refuses the subpeonas.
Martin S. Friedlander, Esq.”
newmexicogold replied on Mar 09, 2009 at 03:24:36
“In defense of Robert Rubin - he did not agree with the use of the Gaussian copula function used by banks to caluclate the default correlation of bonds. He told the industry that they were not handling the use and investment in derivites with the proper caution.
Explantion of the Gaussian copula function -
http://www
Further, the last two paragraphs of the Commodity Futures Modernization Act (Public Law 106-554) will make prosecutions a challenge.
TITLE IV--REGULATORY RESPONSIBILITY FOR BANK PRODUCTS
SEC. 407. EXCLUSION OF COVERED SWAP AGREEMENTS.
SEC. 408. CONTRACT ENFORCEMENT.
(a) HYBRID INSTRUMENTS
(b) COVERED SWAP AGREEMENTS
(c) PREEMPTION- This title shall supersede and preempt the application of any State or local law that prohibits or regulates gaming or the operation of bucket shops (other than antifraud provisions of general applicability) in the case of--
(1) a hybrid instrument that is predominantly a banking product; or
(2) a covered swap agreement.”
Explantion of the Gaussian copula function -
http://www
Further, the last two paragraphs of the Commodity Futures Modernization Act (Public Law 106-554) will make prosecutions a challenge.
TITLE IV--REGULATORY RESPONSIBILITY FOR BANK PRODUCTS
SEC. 407. EXCLUSION OF COVERED SWAP AGREEMENTS.
SEC. 408. CONTRACT ENFORCEMENT.
(a) HYBRID INSTRUMENTS
(b) COVERED SWAP AGREEMENTS
(c) PREEMPTION- This title shall supersede and preempt the application of any State or local law that prohibits or regulates gaming or the operation of bucket shops (other than antifraud provisions of general applicability) in the case of--
(1) a hybrid instrument that is predominantly a banking product; or
(2) a covered swap agreement.”
AP CEO: Bush Turned Military Into Propaganda Machine
Commented Feb 07, 2009 at 05:48:04 in Politics
“Why did the AP cover that military s..t? If the AP did not publish it then it would not have gotten world wide distribution. Why did you wait until after Bush was termed out to tell us this information. Did Bush get your tongue?
Martin S. Friedlander, Esq”
Martin S. Friedlander, Esq”
The GOP's Phony Honor
Commented Feb 07, 2009 at 05:42:11 in Politics
“An empty suit and tie do not make an administration. Bush went AWOL from the Airforce Reserve because he hated to wear that damn uniform. What Card needs is a "dressing" down. A suit does not make the man. An empty suit does not make a President. Goodbye to that phony Administration.
Martin S. Friedlander, Esq.”
Martin S. Friedlander, Esq.”
"Too Big To Fail": A Bailout Hoax
Commented Feb 03, 2009 at 04:59:19 in Politics
“You are absolutely correct. Obama hired Clinton staffers and Wall St. bankers as his advisors. Obama must "pull the trigger" and convince Congress to follow your advice. I just wrote another letter to Senator Boxer (before I read your article) giving her the same suggestions. Bite the bullet and take over the "zombies".
As Tom Friedman wrote, we will go through a generation changing transformation. Transformation is good, greed is bad. Obama must walk the walk and stop talking the talk. The editor of the Financial Times on the Charlie Rose show tonight just stated the same. Remember that Neall Ferguson was at Davos and talked the talk as you and I have talked the talk. But only Obama and Congress can walk the walk.
Martin S. Friedlander, Esq.
www.freedo
As Tom Friedman wrote, we will go through a generation changing transformation. Transformation is good, greed is bad. Obama must walk the walk and stop talking the talk. The editor of the Financial Times on the Charlie Rose show tonight just stated the same. Remember that Neall Ferguson was at Davos and talked the talk as you and I have talked the talk. But only Obama and Congress can walk the walk.
Martin S. Friedlander, Esq.
www.freedo
ignorantwillyharper replied on Feb 03, 2009 at 10:57:45
“It aint gonna happen.”
Davos Notes: The Great Repression, Homer as the Original UGC, and Is America the New Argentina?
Commented Jan 31, 2009 at 21:14:09 in Business
“I viewed an interview of Niall Ferguson on CNBC the other evening at 3:30 AM PST. After listening to his comments I could not go to sleep until 5:00 AM that morning to wake up at 9:00 AM to watch CNBC and MSNBC on the economy. He then reiterated the use of money in society all the way up to present day, discussing CDOs and CRDS, both "naked and clothed" and how our toxic assets were spread around the world since these securities were improperly rated as triple AAA by S&P, Moodys, since they were insured by AMBAC et al. All the banks in the world bought this "stuff" filled with "sub primes" including the most reputable banks in the world Last night I watched the Charlie Rose show who interviewed a panel consisting of Martin Feldstein (the Reagan era economist), Senator Shumer, Welsh the former CEO of GE, and a NY Times reporter. What was so amazing to this poster is that no one had a solution to this crisis. Feldstein, the conservative economist stated we needed government intervention as "a last resort". His tax cut comments were very cogent, namely using tax methodolgy to create demand now, such as investment tax credits for business, rebates to buyers of American cars made in the USA, etc. Welsh held his nose about "bonuses". Imagine that!!!
Martin S. Friedlander, Esq.
www.freedo
Martin S. Friedlander, Esq.
www.freedo
daddysboy replied on Feb 02, 2009 at 09:14:08
“No tax-cut comments are 'cogent' since the idea that giving money to people that already have it as a means to "stimulate" the economy has been proved a fallacy SO MANY times over it's ridiculous. What tax-cuts are about is people in the know grabbing the last bit of cash for themselves before there's none left.”
Guitarsandmore replied on Feb 01, 2009 at 23:32:45
“Banks should assume the same posture that we expect our politicians to take; public servants. We are not here for them, they are here for us.
We need to roll back all of the liberties we have given to banks, savings and loans, and all other lending institutions over the years. Banks can no longer be part of the free market.
1. Bank employees should make about what government workers make. No bonus, no commission.
2. The amount banks earn on interest should be restricted to about 4% and they should pay out no more than 3%.
3. The purpose of a bank should be similar to the role of government. Government does not exist to make money but it exists to help John Q public and the business climate do well.
4. Credit Card companies should fall under the same restrictions as banks. There should be no interest rates above about 3% for credit card companies. no repackaging debt. no changing terms and conditions - ever.
5. Lending institutions and wall street should not be telling the attorney general what they are going to do, just the opposite. The attorney general tells the banks what they are going to do, how money will be lent.
6. Adjustable rate mortgages are illegal.
7. The Federal Reserve really should be part of the government that way money that is earned by the banks stays in this country and in our system which can be and must be loaned out again.”
We need to roll back all of the liberties we have given to banks, savings and loans, and all other lending institutions over the years. Banks can no longer be part of the free market.
1. Bank employees should make about what government workers make. No bonus, no commission.
2. The amount banks earn on interest should be restricted to about 4% and they should pay out no more than 3%.
3. The purpose of a bank should be similar to the role of government. Government does not exist to make money but it exists to help John Q public and the business climate do well.
4. Credit Card companies should fall under the same restrictions as banks. There should be no interest rates above about 3% for credit card companies. no repackaging debt. no changing terms and conditions - ever.
5. Lending institutions and wall street should not be telling the attorney general what they are going to do, just the opposite. The attorney general tells the banks what they are going to do, how money will be lent.
6. Adjustable rate mortgages are illegal.
7. The Federal Reserve really should be part of the government that way money that is earned by the banks stays in this country and in our system which can be and must be loaned out again.”
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