Posted on 07/22/2010 10:44:59 AM PDT by taildragger
"Whenever you get new laws and "reform," unintended consequences are sure to follow. Usually they take awhile. Not so with Dodd-Frank. WSJ reports that Ford has already yanked a bond deal, because the ratings agencies, fearing legal liability, won't let the automaker puts their ratings in the prospectus, making a sale impossible. So did Dodd-Frank just kill the bond market? Well, probably not.. Regulators will likely find some way around this impasse, but it's still amusing to see the bill INSTANTLY slow down the gears of capitalism (or at least capital raising) as its fiercest critics might have suggested."
(Excerpt) Read more at businessinsider.com ...
I couldn’t agree more.
With your tagline, that is.
I think they just hate Constitutional government. They have little power under our Constitution since most of the power was left to State and local governments. Not good enough for our wannabe masters who have been tenaciously working towards building and staffing the biggest plantation ever.
As bad as it is, and I think it’s terrible, at least the folks who are doing it, are doing it on the up and up. They’re proud of it.
Our guys do it kinda sneaky, as if we’ll notice and object. I’m to the point I say screw them all. They’re all moving us to the same destination.
People are waking up. Excellent for that.
As bad as it is, and I think it’s terrible, at least the folks who are doing it, are doing it on the up and up. They’re proud of it.
Our guys do it kinda sneaky, as if we’ll notice and object. I’m to the point I say screw them all. They’re all moving us to the same destination.
People are waking up. Excellent for that.
I prefer the three-step approach to dealing with traitors: have them hung, drawn, and quartered. They deserved no less after all they have done, are doing and plan to do to this country.
Agreed. The Dims, co-opted by the dark side, have abandonded even the pretense of pursuing Constitutional governance. Many Pubbies, desiring to be part of the DC "in crowd" were caught up in the multileveled DC rat's maze built by the Dims. I gather they succumbed to the frustration of being on the outside and gave up the fight while mouthing the occasional conservative platitudes. The list is long but we still have a few fighters standing in the breach on behalf of America and Americans.
People are waking up.
November should be instructive, eh?
It wouls have to be “Rich Democrats”...they have most of the money in America!
On the other hand, Dodd may have shut down government borrowing as well! Since the government has to issue bonds for its borrowing, its bonds get rated as well. If the government can’t get ratings for its bonds, didn’t congress just screw itself?
Someone tell me if I’m wrong.
Glenn Beck channeled Boucheau yesterday. (Except for that part where he apologizes for being angry.)
A must see:
http://www.watchglennbeck.com/video/2010/july/glenn-beck-show-july-22-2010-big-brother-is-here/
Not to speak for him, but he seemed to elude that this problem will work itself out. I should be so optimistic...
Hannity, Morris Agree with Conspiracy People About New World Order
http://www.youtube.com/watch?v=5wH5YqsuZiw&videos=e7NS-0Z_9h4
Private insurers are already rolling up the rugs and working on other products.
1of2 Globalist Bankers Tactic to Stifle Freedom and Patriot Movements in America
http://www.youtube.com/watch?v=iTd-CnCMK-8&videos=xtNlz64rbBg
And a year from now an Inspector General will quietly reveal that the race and gender of issuers has been factored into the ratings, but the MSM won't report it.
Oh, this can’t be true. Bunch of freepers, like rudeboy, came out and laughed and poked fun at this stuff yesterday. Everything is fine and November is going to fix this mess when, um, yeah, some conservatives get elected.
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