Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Saije

If the GOP wants to succeed wildly, they would declare open war upon the bankers and their fraud schemes. Drag them into the light, conduct hearings and re-instate FASB 157 for starters.

The GOP should then take down the banks that fail as a result, clear out the senior management (and much of the middle management too), sell off the parts that are stable and not insane to those who can afford to buy them, form a RTC-like entity to take care of the rest of the crap, resolve the bank issues and allow the economy to function again.

The GOP should also call the Fed onto the carpet and start quizzing them as to why they allowed the situation to get so far out of hand, with the aid and encouragement of the Fed all along.


13 posted on 10/31/2010 10:01:52 PM PDT by NVDave
[ Post Reply | Private Reply | To 1 | View Replies ]


To: NVDave
I agree. We need to make it very clear that conservative means free markets, not "pro business." Many who have not read Adam Smith's Wealth of Nations would be surprised to learn that it's mostly a criticism of government exercising its power on behalf of narrow business interests.

Stop sabotaging the success of our industry by communist BS and enfeebling crooked deals that make us uncompetitive in the global marketplace..

14 posted on 10/31/2010 10:17:45 PM PDT by Mad_as_heck (The MSM - America's (domestic) public enemy #1.)
[ Post Reply | Private Reply | To 13 | View Replies ]

To: NVDave

“If the GOP wants to succeed wildly, they would declare open war upon the bankers and their fraud schemes.”

I think that’s a winner. Call them out. We’ve got 2 years to educate the public. Must change the opinion that all money goes to pubs.

Nov 2 is only the 1st shot... there’s a long way to go.


15 posted on 10/31/2010 10:18:45 PM PDT by Bhoy
[ Post Reply | Private Reply | To 13 | View Replies ]

To: NVDave

Excellent - But who is going to lead the charge?


17 posted on 10/31/2010 11:52:25 PM PDT by jd777
[ Post Reply | Private Reply | To 13 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson