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Obama's Plan -- A Regulatory Mess (advanced text of Obama's financial address)
Fox News ^ | April 22, 2010 | John R. Lott, Jr.

Posted on 04/22/2010 8:37:00 AM PDT by richardb72

If President Obama's financial regulations are adopted, there will be fewer loans, credit will be more costly, and individuals will face more risk. Obama argues today that his reforms are necessary to prevent "a second Great Depression" from occurring, but he does nothing to fix what the government did. Nothing is done to reform Fannie Mae and Freddie Mac, despite their problems with fraud and costing taxpayers $400 billion in bailouts. Nothing is done to change government regulations that force banks to make risky mortgages.

The powers that would be given to the president and the Federal Reserve are unprecedented. The bill gives the government the power to regulate the capital, liquidity and permissible activities for a long list of firms, including securities firms, insurance companies, bank holding companies, hedge funds, finance companies as well as others. The government will be also able to limit the size of these companies.

The president claims today that he "believe(s) in the power of the free market." Yet, he is constantly demonizing companies. Even liberal New York City Mayor Michael Bloomberg warned: The bashing of Wall Street is something that should worry everybody. According to Obama, there is "an ethic of greed, corner cutting, insider dealing, things that have always threatened the long-term stability of our economic system." In contrast, for government, Obama identifies its only failure as not doing enough regulation, not doing enough to control companies.

The regulations demonstrate that the president ignores or doesn't care to know how markets operate. . . .

(Excerpt) Read more at foxnews.com ...


TOPICS: Breaking News; Business/Economy; Government; Politics/Elections
KEYWORDS: financialmarkets; foxnews; johnlott; obama; regulation
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To: spectre

Portrait of a Narcissist:






81 posted on 04/22/2010 11:34:37 AM PDT by left that other site (Your Mi'KMaq Paddy Whacky Bass Playing Biker Buddy)
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To: left that other site; Kitty Mittens; Hiskid; Freedom'sWorthIt; Quix; Irish Rose; tajgirvan; ...

Check out the pix of you-know-who on this thread. Oh...and bring an extra LARGE BARF BUCKET’


82 posted on 04/22/2010 11:45:01 AM PDT by left that other site (Your Mi'KMaq Paddy Whacky Bass Playing Biker Buddy)
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To: onyx

You are right about that!

And America has SO MANY REALLY HANDSOME Rugged Black MEN who are Veterans, were BORN HERE, LOVE THIS Country, etc.

So WHERE in BLAZES did this WEIRD LOOKING, Pansy acting, NOT EVEN BLACK-LOOKING alleged so-and-so even COME FROM ANYWAY?

barf barf barf barf barf barf barf barf


83 posted on 04/22/2010 11:51:03 AM PDT by left that other site (Your Mi'KMaq Paddy Whacky Bass Playing Biker Buddy)
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To: SuperSonic

Where is this? The Marketwatch link does not have this picture.

The number of Obama halo pictures is disturbing. Propaganda at its worst.


84 posted on 04/22/2010 11:53:34 AM PDT by Ender Wiggin
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To: left that other site; patriot08
Worse yet, why didn't those same black men spot him for the guy on the down low he truly is?

See Patriot08's photo collection of Dear Queer Leader.

85 posted on 04/22/2010 11:57:46 AM PDT by onyx (Sarah/Michele 2012)
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To: left that other site; onyx; LucyT; rodguy911; Las Vegas Ron; MHGinTN; pissant; Gemsbok; ...
PhotobucketPhotobucketPhotobucketPhotobucketPhotobucketPhotobucketPhotobucketPhotobucketPhotobucket
86 posted on 04/22/2010 12:07:48 PM PDT by mojitojoe (“Our leaders seek to pit us against one another, and torment us relentlessly."Mark Levin)
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To: mojitojoe

What IS he doing? Centering on himself? Bizarre stance to say the least.


87 posted on 04/22/2010 12:09:46 PM PDT by 444Flyer ("Defeat of the R.O.U.S.'s!" Coming November 2010...)
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To: mojitojoe

I cannot say what I want to say. This is the first time I have seen some of the photos. OMG.


88 posted on 04/22/2010 12:13:02 PM PDT by onyx (Sarah/Michele 2012)
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To: Typical_Whitey

He’s posing as GWB, who did warn that something needed to be done.


89 posted on 04/22/2010 12:15:30 PM PDT by skr (May God confound the enemy)
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To: mojitojoe

BARFAGAGUMOUS!


This thread has degenerated into a fornm of Socio-Religios-Polilical PORN!
barf barf barf barf
Should come with a WARNING!

90 posted on 04/22/2010 12:15:43 PM PDT by left that other site (Your Mi'KMaq Paddy Whacky Bass Playing Biker Buddy)
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To: 444Flyer

I have tried to post my thoughts to you three times. I’ve had to delete them each time. Those photos tell a lot about the man and his opinion of himself. I’ll leave it at that.


91 posted on 04/22/2010 12:16:08 PM PDT by onyx (Sarah/Michele 2012)
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To: 444Flyer
Pathological Narcissism is a dangerous mental illness and the Kenyan is definitely suffering from it. He also has the worst type: Grandiose or Malignant: an exaggerated sense of self-importance, feels privileged, exploits others, and lusts after power. Pathological narcissism is a life-long pattern of traits and behaviors. It is an infatuation and obsession with one's self and the egotistic and ruthless pursuit of one's gratification, dominance and ambition.

Narcissistic Personality Disorder (NPD) is a pattern of self-centered or egotistical behavior that shows up in thinking and behavior in a lot of different situations and activities. People with NPD won't (or can't) change their behavior even when it causes problems at work or when other people complain about the way they act, or when their behavior causes a lot of emotional distress to others (or themselves? Narcissists never admit to being distressed by their own behavior -- they always blame other people for any problems).

This pattern of self-centered or egotistical behavior is not caused by current drug or alcohol use, head injury, acute psychotic episodes, or any other illness, but has been going on steadily at least since adolescence or early adulthood.

They want praise, compliments, deference, and expressions of envy all the time, and they want to be told that everything they do is better than what others can do.

Sincerity is not an issue here; all that matter are frequency and volume. Narcissists use other people to get what they want without caring about the cost to the other people.

They are unwilling to recognize or sympathize with other people's feelings and needs. They "tune out" when other people want to talk about their own problems.

They show arrogant, haughty, patronizing, or contemptuous behaviors or attitudes.

http://open-site.org/Health/Conditions_and_Diseases/Psychiatric_Disorders/Personality/Narcissistic/

92 posted on 04/22/2010 12:16:50 PM PDT by mojitojoe (“Our leaders seek to pit us against one another, and torment us relentlessly."Mark Levin)
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To: onyx

Oh.

My.

God.


93 posted on 04/22/2010 12:18:45 PM PDT by left that other site (Your Mi'KMaq Paddy Whacky Bass Playing Biker Buddy)
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To: left that other site

Any doubts?


94 posted on 04/22/2010 12:21:04 PM PDT by onyx (Sarah/Michele 2012)
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To: onyx

Yes! They do tell the whole story don’t they? It has gotten to the point that I can’t look at them too long. Such narcissism is without equal in our nation’s history. (He surpasses Clintoon in ego. Didn’t think it was possible.) It makes me weep for our country.


95 posted on 04/22/2010 12:21:49 PM PDT by 444Flyer ("Defeat of the R.O.U.S.'s!" Coming November 2010...)
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To: mojitojoe

Truly frightening. Definitely reminds me of “Ana,” the leader of the V group, who is always closing her eyes and rolling her head up. Of course, she’s a reptile, so that’s not atypical...say, you don’t think....


96 posted on 04/22/2010 12:21:58 PM PDT by livius
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To: mojitojoe

That and the Sociopath diagnosis you’ve posted before are right on.


97 posted on 04/22/2010 12:23:25 PM PDT by 444Flyer ("Defeat of the R.O.U.S.'s!" Coming November 2010...)
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To: 444Flyer

This sociopathic Marxist is truly frightening. He’s almost robotic. No emotion.


98 posted on 04/22/2010 12:28:29 PM PDT by onyx (Sarah/Michele 2012)
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To: onyx

None Whatsoever!

To Quote WS Gilbert:

Of that there is no matter of doubt,
No possible, probable shadow of doubt,
No possible doubt whatever.


99 posted on 04/22/2010 12:48:13 PM PDT by left that other site (Your Mi'KMaq Paddy Whacky Bass Playing Biker Buddy)
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To: left that other site

Well done! I agree.


100 posted on 04/22/2010 12:49:03 PM PDT by onyx (Sarah/Michele 2012)
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