Obama takes over wall street and Geithner takes over Hedge Funds, Derivatives!

Obama takes over wall street and Geithner takes over Hedge Funds, Derivatives!

www.foxnews.com

Obama administration on Thursday will propose tough new restrictions on big financial firms, hedge funds and derivatives markets, officials said on Wednesday.

(visit the link for the full news article)


Related News Links:
www.foxnews.com

Taking over Wall Street an Hedge fund derivitables is against our capitalist system.

I guess they also want to Nationalize Wall street.

I dont believe this is only aboput removing toxic assets.

History has proven that MORE government gets involves it sets off a Tsunami of a rapid triclke down affect to main street, small and large business owners,, that destroys our economy further.

Interfering with Wall street may also set off a panic an cause millions of people to lose their nest eggs.

The older generation cant wait for things to pick up. they need their money now.

This is a means to regulate the global financial system. I assume other Nations must follow. They are directly connected. Regulation is now almost an every day word.

My opinion is we are turning 100%Socialist

Obama administration on Thursday will propose tough new restrictions on big financial firms, hedge funds and derivatives markets, officials said on Wednesday

The collapse in our financial institutions . The frequencey of these events is cause for alarm.

www.foxnews.com
(visit the link for the full news article)

[edit on 26-3-2009 by wonderworld]

[edit on 26-3-2009 by wonderworld]

“To act quickly on its reform agenda” This is a wolf in sheep’s clothing, Acting quickly, without foresight is exactly what is bringing our system down. They are out to .seize control everything, while working closely with the G20, in their sinister plan to unite globally.

I think this is a warning sign that they are panicking.









The frequency of all the increased abrupt, financial decisions being discussed in all Nations throughout the world is alarming. It's the Beginning of “birth pangs”

An era that I do not welcome.

am i the only one who laughs when barack obama says something like

"i propose we use aunt jemimiah syrup for our pancakes and bacon"

and others respond by saying

"Oh My God!!! Barack Obama wants to kill Mrs. Buttersworth!

Administration unveils financial system overhaul.

Are we headed for communism?




During the current turmoil in the credit markets, the SEC (. Securities and Exchange Commission) has worked closely with other regulators in the U.S. and around the world to protect investors and the markets. What a JOKE.

We ALL agree they have Failed.

reply to post by Fremd


That is funny about Mrs. Buttersworth.

My concern is a New Plan to overhaul our financial sector is already backfiring.

Things will not be the same as we have known them.

This is also leading to the fall of our nation, as a Super Power. They should now call us Under Dog

Since this has never happened before. I think it's considered an experiment. What happens if this fails. All hell will break loose.

It's all of a broader plan to Unite our currencies and blame America for causing this down fall.

Geitner says by the current financial crisis, the worst to hit the country in seven decades. The goal is to repair a system that has proven “too unstable and fragile,”




Things will no longer be like they were after World War 2. Trust me on that one.

[edit on 26-3-2009 by wonderworld]

reply to post by Fremd

am i the only one who laughs when barack obama says something like "i propose we use aunt jemimiah syrup for our pancakes and bacon" and others respond by saying "Oh My God!!! Barack Obama wants to kill Mrs. Buttersworth!

Not too many people are laughing right now. Obama and Congress are rushing headlong into a complete bankruptcy of the United States, and with it, world-wide famine, slavery and ultimately war.

Those who fail to learn from the mistakes of history in the past are doomed to repeat those mistakes. The difference is that now the world is so dependent upon the "global" nature of economics, that instead of isolating the problems to a few countries, everyone will be destroyed.

I'm amused that you find this all so funny. Display your laughter to the millions that are losing their jobs, and unable to feed their families. Walk up to a trucker that just lost his job, and laugh in his face. See how long your laughter lasts then.

reply to post by ProfEmeritus

I'm amused that you find this all so funny. Display your laughter to the millions that are losing their jobs, and unable to feed their families. Walk up to a trucker that just lost his job, and laugh in his face. See how long your laughter lasts then.

ohhh you doom and gloomers, i'll tell ya, lol.

im not laughing at people loosing their jobs.
i'm laughing at obama detractors who are blaming our current situation (which started even before the man was elected) on Obama himself.

Obama says one thing, and the wack-o right takes it, blows it 100 miles out of proportion, surrounds everything with lies, and others eat it up.

Perfect example:

Fox News was bashing Barack Obama during the presidential campaign period (i forget the precise date) because Obama was in some small town in Illinois (his home town) helping sandbag to keep back flood waters.

They were actually spinning it off as a bad thing.

Sad. Really is Sad. So...i laugh.

Your tactic is no different. You twist what im talking about into something im not talking about to give the illusion that i'm mocking people who lost their jobs.

Sad........really is

Originally posted by ProfEmeritus
reply to post by Fremd

 

You say;

Those who fail to learn from the mistakes of history in the past are doomed to repeat those mistakes. The difference is that now the world is so dependent upon the "global" nature of economics, that instead of isolating the problems to a few countries, everyone will be destroyed.


oops I quoted wrong.

Yes we are rushing headlong into a complete bankruptcy. I also believe we are bringing down all other Nations, however no one twisted their arm to buy our debt.

I hope they don’t come to collect. I wonder what kind of flag will be waving in each of our countries.

You are also right about History. The smartest men running our Country simply brush it off knowing the huge negative affects this will bring.




[edit on 26-3-2009 by wonderworld]

reply to post by Fremd


Your introductory post:

I came to ATS in search of somewhere i could have a voice. Having been so fed up with the way things have been for so long (as far as the united states goes) i've been yearning for somewhere i can find people as fed up as i am ...seems i've found it! Do not worry - i am not an extremist politician - i'm not a wackaloon or a troll. My politics are about the people vs govt. and of course i'm on the people's side.

doesn't seem to mesh with your posts here. You say that you are on the people's side. I find that rather disingenuous. Anyone that can make excuses for a "president" that is trying to destroy the American way of life, is not on the people's side.

Obama says one thing, and the wack-o right takes it, blows it 100 miles out of proportion, surrounds everything with lies, and others eat it up.

Now, who is doing the name-calling here?

Furthermore, most of the people that are opposed to what is happening now are not what you call "wacko-right". They are Americans that are tired of having the US Constitution destroyed by the Executive, Legislative and Judicial parties of the US political system.

The Patriot Act was a bipartisan destruction of the Bill of Rights. It occurred under a Republican Administration, and Obama and the Democratic Congress have shown no desire to reverse it.

Your tactic is no different. You twist what im talking about into something im not talking about to give the illusion that i'm mocking people who lost their jobs.

I didn't say you were laughing at those who lost their jobs. I suggested that you try to laugh at them and see what happens. Actually, there is no illusion here. What Obama and Congress are doing ARE causing these massive job layoffs.

U6 is now over 16%:

U6 is the broadest measure of unemployment in the civilian labor force in the U.S. economy and includes those who need work but have given up the search, and those who have taken part-time jobs while still seeking full time employment. In February, that figure rose by 0.6% to 16.0%. The seasonally-adjusted U3 figure is the one typically reported in the media and does not include those who have given up and those who have been forced into part-time work. This morning, it was announced that payrolls shrank by 651,000 jobs and that unemployment (the U3 figure) had risen to 8.1%. But this data is a curious mish-mash of data from two separate surveys. The job loss figure is generated by the “Current Employment Statistics” (CES) program, a survey of 150,000 businesses and government agencies. But the 8.1% unemployment figure comes from the “Current Population Survey,” a monthly survey of households, conducted by the Census Bureau. The latter survey shows that the ranks of the unemployed grew by 851,000 in February, with the number of jobs shrinking by 351,000 while the work force grew by 498,000. (I can’t explain why there’s a discrepancy of 2,000. Perhaps a matter of rounding.) Normal labor force growth is about 150,000 per month, so nearly 350,000 people who were on the sidelines jumped back into the job market in February. (See www.bls.gov... for more info.) And yesterday it was reported that, once again, the number of weekly first-time unemployment claims in the previous week was about 650,000, a rate that’s held steady for weeks now. That’s an annual rate of approximately 24%, or one out of every four workers, losing their job.

petemurphy.wordpress.com...
I would suggest that if you are really serious about this quote of yours:

I came to ATS in search of somewhere i could have a voice. Having been so fed up with the way things have been for so long (as far as the united states goes) i've been yearning for somewhere i can find people as fed up as i am ...seems i've found it!

that you discard the partisan political talk and name calling, change your avatar, and then argue the issues. Otherwise, very few people will take you seriously.

Or you can continue to troll...... and you will soon make many members' "ignore list". Then you can talk to only other trolls. No one wants to waste
time talking to trolls.


[edit on 26-3-2009 by ProfEmeritus]

Which Global Flag do you prefer?

reply to post by ProfEmeritus


When you say "The Patriot Act was a bipartisan destruction of the Bill of Rights. It occurred under a Republican Administration, and Obama and the Democratic Congress have shown no desire to reverse it. "

I totally agree! I think they will ammend it or extend it beyond Dec. 2009.

There seems to be some relative conflicts with the "Civillian National Securit Force" Homeland Security bills, etc.

Originally posted by wonderworld
Taking over Wall Street an Hedge fund derivitables is against our capitalist system.

I guess they also want to Nationalize Wall street.

I dont believe this is only aboput removing toxic assets.



This is a means to regulate the global financial system. I assume other Nations must follow. They are directly connected. Regulation is now almost an every day word.

indeed its not just keeping & regulating all the derivatives and toxic assets which have sprung out of thin-air in the last 10-18 years...

its about some super-central-planning-group creating a Market-within-a-Market well orchestrated money processing machine...
allowing so many sells and so many buys of certain assets at certain times..
thus directing a web of global industries & economies... AKA: the ultimate central-planners (call it NWO, call the group Illuminati)


Sovereign governments will bend to the will & direction
of the planned economic & global commerce this elite entity allows to happen.


This is it ~2 April 2009~ the conspiracy theorists have it correct, a NWO !

OR the reps at the G-20, then the G7/G8, then NATO... hopefully ALL
will diss the Geithner proposal for the creation of a Global Supervisory Group (or whatever name they concoct)


[edit on 26-3-2009 by St Udio]

reply to post by St Udio


You are correct it isn’t just REGULATING derivatives and toxic assets.

It seems that no part of our foundation is exempt from any of these regulations.

The puzzle is almost complete. G20 will have all the power to create such a government. They caught us at the most vulnerable time in history.

Worse than the Great Depression. They will indeed change our way of life, in many aspects. Say bye bye to the constitution. I was rather fond of it.

obama and geithner have no business doing this

america is dead now as we know it.

the "equal chance" we were all given is now gone

the "equal result" is almost completely here.


i loved my country the way it use to be and i hate what it has become.

obama has done so much damage and its only been a few months. i had hope 2010 we could have a change in congress to slow this idiocy down but its becomeing more and more apparent to me when i thought this country had common sense when it has none.

i can see democrats stayin in power in 2010 and 2012. because the american sheep will blindly follow obama of the cliff.

you would hope that people will wake up and make the "real change" we need but that is a pipe dream.

[edit on 26-3-2009 by neo67]

reply to post by St Udio


Hey I like your phrase "super-central-planning-group"

I dont think Geitner's propsal's will be over looked at the G20 summit in April. His hands will be tied and will most likely be persuaded to join forces.

Bush already signed the G20’s proposal in November 2008. Obama is also bed buddies with them.

I will be following this meeting closely. Your conclusion is extremely rational. I agree 100%.

reply to post by neo67


I also liked the way we used to be. I'm rather fond of our Constitution, Bill of rights and our State flags.

Becoming Nationalized is Communism!

This economic Union is, that will eventually come from this group of 20 will not Benefit the US or any Nations, as they claim.

reply to post by neo67


Here is the definition of communism at Wikipedia.

Pure communism" in the Marxian sense refers to a classless, stateless and oppression-free society where decisions on what to produce and what policies to pursue are made democratically, allowing every member of society to participate in the decision-making process in both the political and economic spheres of life.

As a political ideology, communism is usually considered to be a branch of socialism; a broad group of economic and political philosophies that draw on the various political and intellectual movements with origins in the work of theorists of the Industrial Revolution and the French Revolution.[4]

Communism attempts to offer an alternative to the problems with the capitalist market economy and the legacy of imperialism and nationalism.

Does this sound FAMILIAR??





[edit on 26-3-2009 by wonderworld]

[edit on 26-3-2009 by wonderworld]

reply to post by wonderworld


This is a massive power grab by Geithner to further advance the subversive movement to overthrow The U.S. of America's sovereignty!

Just a few things they propose are good, for instance...making hedge funds register with the SEC. I think even a grade shcool student could figure that one out...however, what they are proposing to do here is basically like the Patriot Act for the Fianancial Industry!

Heck, they even want powers to seize non financial...

"The overall orientation...is to focus on the why and the what and the rationale as opposed to the who," a senior administration official told FOX News. "One of those principles will be independence so that will certainly eliminate the Treasury Department. But we will not be making a commitment to a specific systemic regulator. The focus will be on the why and the what."

Are they planning to eliminate the Treasury Department???? Or is that a typo????

reply to post by burntheships


No, I don't think so. If you look at the entire paragraph:

"The overall orientation...is to focus on the why and the what and the rationale as opposed to the who," a senior administration official told FOX News. "One of those principles will be independence so that will certainly eliminate the Treasury Department. But we will not be making a commitment to a specific systemic regulator. The focus will be on the why and the what."

I believe what they are saying is that the Treasury Dept. will not be a part of the regulatory system.