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To: SeekAndFind

The irony of Dems threatening a govt shutdown is hilarious - and will be seen as noble, of course.

That being said, on Morning Joe (yes, I watch, to see what the loons are up to) the issue was portrayed as a change in financial law that would allow banks to conflate FDIC-insured bank accounts with derivative trading (again?). This sounds like a terrible idea, and if true (doubtful), then Elizabeth Warren is correct on this issue (she and Sarah Palin see eye-to-eye on Wall Street and crony capitalism in many ways).

Can someone explain this a bit more?


10 posted on 12/11/2014 8:18:41 AM PST by warpsmith (Wake Me in 2016)
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To: warpsmith; All

The irony of Dems threatening a govt shutdown is hilarious -
____________________________________________________________

If the Dems do follow Lie-A-Watha’s lead and shut down the Government, does anyone believe that the Dems will, actually, get the blame? I’m thinking they will find a way to successfully blame the GOP for the Government shut-down. Someone give me some input here. Am I right or wrong?


21 posted on 12/11/2014 8:26:27 AM PST by Din Maker (Is anyone considering Gov. Susana Martinez of NM as the possible GOP nominee in 2016?)
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To: warpsmith
the issue was portrayed as a change in financial law that would allow banks to conflate FDIC-insured bank accounts with derivative trading (again?). This sounds like a terrible idea, and if true (doubtful), then Elizabeth Warren is correct on this issue (she and Sarah Palin see eye-to-eye on Wall Street and crony capitalism in many ways)

That is how I understand it and I agree with Warren on this issue.

28 posted on 12/11/2014 8:41:18 AM PST by Vince Ferrer
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To: warpsmith

http://investmentwatchblog.com/nov-16-2014-g20-to-implement-a-new-policy-that-makes-bank-deposits-on-par-with-paper-investments/


30 posted on 12/11/2014 8:45:15 AM PST by Kackikat
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