Is Your Senator A Member Of The Bankster Party? (Mccain's a bankster)

http://dailybail.com/home/is-your-senator-a-member-of-the-bankster-party-list.html ^

[4rcane]

The one main benefit to the financial reform effort so far is that it helps further do away with the false paradigms of "left" or "right" and "Democrat" or "Republican" - fewer and fewer people are falling for those lies anymore. Try to get an ideological conservative to explain why Republicans love spending and so eagerly give welfare to banks. Try to get your local liberal to explain why it was a good idea to make backroom deals with abhorrent corporations and drill, baby, drill. Heck, even try to get a Tea Partier to explain choosing bailout-lover Sarah Palin to keynote their convention, especially when that movement once had at least some pre-astroturf roots in protesting government giveaways.

What we have now is a group of politicians with shifting alliances on a case-by-case basis to the special interests who fund them. And currently, the most damaging one to our nation is the rise of the Bankster Party. Thankfully, we can now better identify its members.

Anyone who voted for the Kaufman-Brown SAFE amendment deserves to be considered a member of the "People's Party", at least for today. And while I may not agree, I am also OK with someone voting no on Kaufman-Brown if they voted no on the bailout in the first place. That at least shows a consistent ideology and we wouldn't need to break up the banks into smaller parts if our leaders had the will to let them fail.

But there is a special place for those who have the audacity to do something as incredibly un-American as voting to provide unencumbered welfare for rich bankers and then subsequently do absolutely nothing to fix the problem. And that special place (for now) is in what we should call from this point forward the "Bankster Party". Allow me to present to you its current members:

[9YearLurker]

Palin was bailout-supporting only when she was the veep candidate to McCain—and supporting the top of the ticket is what you do. Jeesh!

[MNJohnnie]

Find it odd that someone here is pimping a bill that would massively expand Govt control over the banks. Guess they just got all hot and bothered by the title and did not bother to actually READ the bill they are pimping.

[A.A. Cunningham]

The Daily Bail

[TheConservativeBanker]

Just a question for freepers who oppose all “bank bailouts”: If your bank fails, do you expect to have your deposits protected by the FDIC or do you prefer to let the free markets work in that case. I have been a banker for over 25 years and have seen few genuine bank or banker bailouts. I have seen thousands of depositor bailouts.

BTW, I am in favor of phasing out deposit insurance and creating a bankruptcy system for banks, but it can't be done overnight.

[9YearLurker]

Deposit insurance is fine as long as it isn’t contorted to bail out the higher-leverage and higher-risk investment-banking style activities of the largest banks post-GS. That’s the problem and a $100B cap is too crude a solution.

[TheConservativeBanker]

Agreed. Deposit insurance, for all of its benefits to savers, puts the taxpayer at risk for all manner of imprudent banking practices. I do favor a gradual phaseout of deposit insurance so that depositors start paying more attention to the prudence and solvency of their banks.

[9YearLurker]

You’re right, and I’d expand that to, really, almost all types of government “insurance”—whether flood or other disaster, healthcare, etc.

[DH]

So Mr. Banker, “depositor bailouts” you say. I guess you mean people who put their savings into a bank for two reasons. One is to hold until they can spend it and the other is to have a return on investment (interest). Right?

Now, explain to me the difference in me taking my money and placing it into a company’s stock to hold and hopefully receive a return on my money in the way of increased stock valuation? The same principle applies to life insurance companies.

Now, with that in mind, why is it good to bail out banks while it’s bad to bail out other enterprises? Worse yet, why is it good to take my hard earned (and wisely managed money) to give (excuse the term...I mean confiscate my money through taxes) to give to banks that are poorly managed?

I await your reply with great excitement and anticipation, knowing that the reply will certainly “get my mind right.”

[TheConservativeBanker]

First, you seem to deliberately disregard the fact that I stated that I am in favor of phasing out deposit insurance. It ultimately facilitates imprudent banking and causes depositors to not be prudent in their choice of banks.

My point was that “bank bailouts” do not generally put money in the pockets of bankers or their shareholders. They generally prevent deposit holders from losing their money when a bank fails.

If you really read my posts, you would have seen that I neither defend nor promote bailouts. I merely suggest that we correctly identify who is being bailed out.

BTW, did you take a “nasty pill” with your coffee this morning.

Cheers.

[pointsal]

First, you seem to deliberately disregard the fact that I stated that I am in favor of phasing out deposit insurance. It ultimately facilitates imprudent banking and causes depositors to not be prudent in their choice of banks. My point was that “bank bailouts” do not generally put money in the pockets of bankers or their shareholders. They generally prevent deposit holders from losing their money when a bank fails.

.

I agree with the line of thought, but the side-effect may be a strong dose of deflation. A lot of government spending is linked to percentage "taking" of value each year (i.e., property taxes).

[DH]

“BTW, did you take a “nasty pill” with your coffee this morning.”

I take my nasty pill every time the government pays taxpayer money confiscated from the citizens to interfere with ANY private enterprise........PERIOD!

[Star Traveler]

You were saying ...

Palin was bailout-supporting only when she was the veep candidate to McCain—and supporting the top of the ticket is what you do. Jeesh!

Trying to explain that to the "nattering nabobs of negativity" and the Palin-haters that you see on Free Republic, is like explaining things to a "pet rock" ... LOL ... [there's nothing between the ears to make a difference ... :-) ...]

[Star Traveler]

Sarah Palin has something to say to the "nattering nabobs of negativity" ... LOL ...

[Star Traveler]

FREEPER POSTS ... ON ALL THINGS PALIN ...

Sarah Palin Endorses Carly Fiorina in California

• Palin Stands By Fiorina Endorsement Amid Backlash From Supporters [2 Strikes Against Palin?]
• PALIN RESPONDS ABOUT CARLY ENDORSEMENT ....
• When will Romney endorse someone in California’s Senate race?
• Rick Santorum supports Sarah Palin’s endorsement of Carly Fiorina
• Palin angers faithful with choice in California race
• Chuck DeVore: Carly Fiorina Can't be Trusted on Abortion Because She's Not a Politician (Update)
• Some Palin Facebook fans unhappy with endorsement [Carly Fiorina for U.S. Senate]
• Message for Chuck DeVore (Do what is right for your country)
• Chuck DeVore on Palin Endorsement of Carly Fiorina (Get the FACTS, you Sybliistas)
• Top 5 Reasons why Palin endorsed Fiorina
• Did you hear Chuck DeVore on Chris Matthews?
• Sarah Palin Is A Republican Who Speaks At Tea Party Events Occasionally
• No Need to Compromise-a message from Chuck Devore.
• Sarah Palin Is A Republican Who Speaks At Tea Party Events Occasionally
• SARAH PALIN SHAKES UP CALIFORNIA (AND THE NATION) ENDORSES CARLY FIORINA
• MY VIEW OF PALIN’S FIORINA ENDORSEMENT FROM CALIFORNIA
• Facebook turns on Sarah Palin
• Facebook turns on Palin
• Why Palin Endorsed Fiorina
• Palin bucks the tea parties, endorses Carly Fiorina (DeVore spokesman responds)
• DeVore Spokesman Attacks Palin as "Sheepdog"
• News From Carlyfornia: Palin Endorses Fiorina
• Palin Endorses Pro Life, Traditional Marriage, Military, Anti-Amnesty & 100% NRA Rated Carly Fiorina
• Governor Palin is Right that Carly Fiorina is the Best Choice for California Conservatives
• Oh my: Palin endorses … Carly Fiorina
• TRENDING: Palin irks her supporters with California endorsement (RINO Carly Fiorina)
• Palin Backs Fiorina In California Senate Race
• Palin endorses Fiorina for Senate; stiffs fellow Tea Partier DeVore, disses Campbell
• Sarah Palin: Let’s shake it up in California! (Sarah endorses Carly Fiorina - Huh?)

---

Posts about Sarah Palin from May 1, 2010 to present ...

• Is Your Senator A Member Of The Bankster Party? (Mccain's a bankster)
• Gov candidate Brady to make Palin event
• (Cover Story) Poll: Who would YOU rather have as your mom, Sarah Palin or Michelle Obama?
• (Photo) Sarah Palin Shows Her Support For Israel At Time 100 Gala
• Minnesota: Candidate With Palin Stamp Of Approval In The Lead
• Unhappy with Obama’s Israel policy, some Jews turn to Palin
• Palin: America Is A Christian Nation
• Obama and the Media is Why Palin is so Successful
• Bristol Palin goes clubbing after celebrating the National Day to Prevent Teen Pregnancy
• USA Today: Sarah Palin Welcomes You Into Her Home For A Family First
• Palin: America Is A Christian Nation (Video)
• Palin rightly interpreted the Declaration of Independence "inalienable rights" and Constitution
• Sarah Palin On The factor: Who The Hell Is Not Aware Of Our Judeo-Christian Roots
• Did anyone just see Sarah Palin on the Factor just now? (vanity)
• Elton John snubs Sarah Palin at TIME 100 gala
• Comedian Marlon Wayans: ‘Tough’ to Make Jokes About Obama, ‘Sarah Palin Jokes Are Hilarious’
• (Video) Sarah Palin: Americans Will benefit From Watching Alaska Documentary
• EPA: The Economic Punishment Agency
• Sarah Palin On The O’Reilly Facter Tonight May 6th 8pm
• The Economic Punishment Agency
• As ‘The Hollywood Reporter’ Chuckles Along, Seth MacFarlane Crudely Trashes Sarah Palin
• Sarah Palin Confronted Reporters at Time 100
• (Audio) Rush Limbaugh: Smartest Thing Obama Could Have Done After Oil Spill? Call Sarah Palin
• (Video) Sarah & Todd Palin Talk To Reporters On The Red Carpet At Time 100 Gala
• Pundits (Carville & Jeb Bush) Pick Sarah Palin For 2012 Presidential Bid
• Liberals are from Mars Conservatives are from Earth
• Senior Republicans distance themselves from 'drill, baby, drill'
• Gov Palin at Time 100 Gala
• Defenders of Wildlife can't be that stupid, can they?
• Palin Headed to NRA Convention
• Robin Hood: Sarah Palin with a longbow
• Sarah Palin Is on a Roll
• Sarah Palin and Dr. Dan Benishek
• Dan Benishek: “Enough is Enough” Michigan’s 1st District
• Profiles in Courage: Hiding From Governor Palin in Illinois
• (Video) Sarah Palin Speech And Q & A In Wichita, Kansas
• Palin and the Leftist Elites
• Todd Palin endorses challenger to Lisa Murkowski (RINO-AK)
• Sarah Palin, Temptress and Business Woman, Evokes Envy, Provokes Insecurity, in New York City
• Sarah Palin makes sense -- on offshore drilling (Washington Post Lib)
• Palin Did Not Say "Trust the Oil Industry" (Leftist Media lying again!)
• George Will Slaps Down Bill Maher on 'This Week'
• AUDIO:YWC at Defending the American Dream Summit
• Sarah Palin leads on domestic drilling when it’s hard; and the rest of the GOP?
• Sarah Palin Surpasses Mitt Romney As GOP Frontrunner At Intrade
• (Photo & Video) Big Crowds For Sarah Palin In Missouri, Michigan & Kansas
• Another Tea Party Victory [Palin/Reid/TPXIII]
• College student found guilty of hacking into Sarah Palin's personal e-mail account
• Sarah Palin bringing the macho, and true leadership, to the GOP
• Sarah Palin Is on a Roll.
• Bill Maher's Greatest Fear
• Palin Tells Michigan Crowd: "Don't Retreat - Reload!"
• Show Your Support for Sarah Palin's Alaska Series!
• Palin introduced by Tiahrt
• Sarah Palin courageously leads on domestic drilling
• Apple CEO Steve Jobs named to TIME Magazine’s 100 Most Influential list (cover photo includes Palin)
• Palin is on a Roll
• Sarah Palin Is on a Roll
• Democrats Waste No Opportunity: Call Oil Soaked Gulf of Mexico 'Lake Palin'
• Magazine: Why Palin will make a good president
• For Obama, a changed tone in presidential humor
• Sarah Palin: You Don't Need an Office, Or a Title, Or a TelePrompter To Make a Difference!
• EDIT OUT Sarah Palin For President Theme At WH Correspondents Dinner ==> Minute 49:50+
• Palin on Glenn Beck: Time Magazine 100
• Palin urges 'common sense' folks to get involved politically
• Video: Sarah Palin speaking in Clarkston, MI: "thank you for clinging to your guns and religion"
• Sarah Palin: You Don’t Need an Office, Or a Title, Or a TelePrompter To Make a Difference (Video)
• The Palin press shield is cracking (Huh?)
• The Tea Party's Immigration Hypocrisy (Huge Colossal Barf Alert!!!)
• Beauty queen who beat Sarah Palin in 1984 aims for political crown
• Sarah Palin chosen as one of Time Magazine's Most Influential Leaders
• Kansas City: Sarah Palin to speak in the metro this weekend
• The Hacker Case Verdict
• Governor Palin on The Glenn Beck Show April 30th