Comments on: Treasury to Seek Power to Seize Non Banks (Trojan Horse Alert) http://www.nakedcapitalism.com/2009/03/treasury-to-seek-power-to-seize-non.html Mon, 23 Nov 2009 10:17:20 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Anonymous http://www.nakedcapitalism.com/2009/03/treasury-to-seek-power-to-seize-non.html#comment-42455 Anonymous Thu, 26 Mar 2009 01:21:00 +0000 http://www.nakedcapitalism.com/2009/03/treasury-to-seek-power-to-seize-non-banks-trojan-horse-alert/#comment-42455 BoingBoing just linked a Rolling Stone article on AIG, and I immediately recalled this post. Specifically, the mention of the OTS jogged my memory.<br/><br/>http://www.rollingstone.com/politics/story/26793903/the_big_takeover/print BoingBoing just linked a Rolling Stone article on AIG, and I immediately recalled this post. Specifically, the mention of the OTS jogged my memory.

http://www.rollingstone.com/politics/story/26793903/the_big_takeover/print

]]> By: Anonymous http://www.nakedcapitalism.com/2009/03/treasury-to-seek-power-to-seize-non.html#comment-42432 Anonymous Wed, 25 Mar 2009 21:43:00 +0000 http://www.nakedcapitalism.com/2009/03/treasury-to-seek-power-to-seize-non-banks-trojan-horse-alert/#comment-42432 "Congress specifically exempted Credit Default Swaps and other derivatives from regulation and oversight. Mostly driven by Republican introduced legislation."<br/><br/>This is the same thing as introducing legislation to allow free trade. No legislation is required for free trade. Hence the name free, which in its honest sense is usually a good thing. The legislation is more often than not an attempt to limit free trade to those who pay into the congress, either side.<br/><br/>These companies are already regulated. The governemnt just needs to find the will to regulate. More legislation will just result in more BS and handouts for the lobby, both sides.<br/><br/>For the record, I am most of the time a dem. Just stop looking to more legislation for help, that just puts more hands into the pile. “Congress specifically exempted Credit Default Swaps and other derivatives from regulation and oversight. Mostly driven by Republican introduced legislation.”

This is the same thing as introducing legislation to allow free trade. No legislation is required for free trade. Hence the name free, which in its honest sense is usually a good thing. The legislation is more often than not an attempt to limit free trade to those who pay into the congress, either side.

These companies are already regulated. The governemnt just needs to find the will to regulate. More legislation will just result in more BS and handouts for the lobby, both sides.

For the record, I am most of the time a dem. Just stop looking to more legislation for help, that just puts more hands into the pile.

]]> By: Stefan Albrecht http://www.nakedcapitalism.com/2009/03/treasury-to-seek-power-to-seize-non.html#comment-42358 Stefan Albrecht Wed, 25 Mar 2009 09:24:00 +0000 http://www.nakedcapitalism.com/2009/03/treasury-to-seek-power-to-seize-non-banks-trojan-horse-alert/#comment-42358 This piece of writing is outright dishonest. Congress specifically exempted Credit Default Swaps and other derivatives from regulation and oversight. Mostly driven by Republican introduced legislation. You can not have it both ways, crying about the fall out greed and opposing regulation. The Treasury needs the tools to work effectively and the proposal is exactly what the doctor ordered. Republican torpedoing of any rescue efforts is most damaging to the nation and shows an alarming lag of Patriotism. This piece of writing is outright dishonest. Congress specifically exempted Credit Default Swaps and other derivatives from regulation and oversight. Mostly driven by Republican introduced legislation. You can not have it both ways, crying about the fall out greed and opposing regulation. The Treasury needs the tools to work effectively and the proposal is exactly what the doctor ordered. Republican torpedoing of any rescue efforts is most damaging to the nation and shows an alarming lag of Patriotism.

]]> By: MyLessThanPrimeBeef http://www.nakedcapitalism.com/2009/03/treasury-to-seek-power-to-seize-non.html#comment-42341 MyLessThanPrimeBeef Wed, 25 Mar 2009 05:01:00 +0000 http://www.nakedcapitalism.com/2009/03/treasury-to-seek-power-to-seize-non-banks-trojan-horse-alert/#comment-42341 I hope this is related to the post topic, but I am not sure.<br/><br/>Regarding the black hole known as AIG, it is almost literally true. It's in fact a worm hole and when you walk through the door of AIG's toxic asset storage room, you are immediately transported to Goldman's boardroom at warp speed. I hope this is related to the post topic, but I am not sure.

Regarding the black hole known as AIG, it is almost literally true. It’s in fact a worm hole and when you walk through the door of AIG’s toxic asset storage room, you are immediately transported to Goldman’s boardroom at warp speed.

]]> By: PeeDee http://www.nakedcapitalism.com/2009/03/treasury-to-seek-power-to-seize-non.html#comment-42330 PeeDee Wed, 25 Mar 2009 03:59:00 +0000 http://www.nakedcapitalism.com/2009/03/treasury-to-seek-power-to-seize-non-banks-trojan-horse-alert/#comment-42330 This is frightening. Instead of making the institutions small so that they don't need bailing out they want to concentrate yet more authority in yet fewer hands.<br/><br/>The unitary executive all over again. This is frightening. Instead of making the institutions small so that they don’t need bailing out they want to concentrate yet more authority in yet fewer hands.

The unitary executive all over again.

]]> By: Anonymous http://www.nakedcapitalism.com/2009/03/treasury-to-seek-power-to-seize-non.html#comment-42323 Anonymous Wed, 25 Mar 2009 03:10:00 +0000 http://www.nakedcapitalism.com/2009/03/treasury-to-seek-power-to-seize-non-banks-trojan-horse-alert/#comment-42323 No, I'm 10:05 and 6:43 is the person arguing with me. I have no agenda here. I appreciate and respect your concern. I'm finished posting here. Thank you for the venue. No, I’m 10:05 and 6:43 is the person arguing with me. I have no agenda here. I appreciate and respect your concern. I’m finished posting here. Thank you for the venue.

]]> By: Yves Smith http://www.nakedcapitalism.com/2009/03/treasury-to-seek-power-to-seize-non.html#comment-42318 Yves Smith Wed, 25 Mar 2009 02:17:00 +0000 http://www.nakedcapitalism.com/2009/03/treasury-to-seek-power-to-seize-non-banks-trojan-horse-alert/#comment-42318 6;43 and 10:05 (I assume you are the same person).<br/><br/>Tangents to posts are OK. Vague, undocumented, and repeated mutterings related to post topics are not OK. Please look at recent posts for the standards on this blog. I'm not averse to your line of thought, but if you continue to express your view this badly, and persist when asked for specifics, your posts will be deleted. 6;43 and 10:05 (I assume you are the same person).

Tangents to posts are OK. Vague, undocumented, and repeated mutterings related to post topics are not OK. Please look at recent posts for the standards on this blog. I’m not averse to your line of thought, but if you continue to express your view this badly, and persist when asked for specifics, your posts will be deleted.

]]> By: Anonymous http://www.nakedcapitalism.com/2009/03/treasury-to-seek-power-to-seize-non.html#comment-42317 Anonymous Wed, 25 Mar 2009 02:07:00 +0000 http://www.nakedcapitalism.com/2009/03/treasury-to-seek-power-to-seize-non-banks-trojan-horse-alert/#comment-42317 Because it wasn't eugenics I was talking about in the first post, that's why. Jesus, you're just being difficult and I have no more time to waste like this. There are lots more people who are receptive where I can spend my time productively. Because it wasn’t eugenics I was talking about in the first post, that’s why. Jesus, you’re just being difficult and I have no more time to waste like this. There are lots more people who are receptive where I can spend my time productively.

]]> By: Anonymous http://www.nakedcapitalism.com/2009/03/treasury-to-seek-power-to-seize-non.html#comment-42316 Anonymous Wed, 25 Mar 2009 02:05:00 +0000 http://www.nakedcapitalism.com/2009/03/treasury-to-seek-power-to-seize-non-banks-trojan-horse-alert/#comment-42316 One more for you.<br/><br/>http://www.abovetopsecret.com/forum/thread448254/pg1<br/><br/>I just can't give up on you quite that quick. I'd rather help you than dislike you. One more for you.

http://www.abovetopsecret.com/forum/thread448254/pg1

I just can’t give up on you quite that quick. I’d rather help you than dislike you.

]]> By: Anonymous http://www.nakedcapitalism.com/2009/03/treasury-to-seek-power-to-seize-non.html#comment-42315 Anonymous Wed, 25 Mar 2009 02:03:00 +0000 http://www.nakedcapitalism.com/2009/03/treasury-to-seek-power-to-seize-non-banks-trojan-horse-alert/#comment-42315 eugenics? Why didn't you just say that to begin with? <br/><br/>This WAS a conversation about Bailouts.<br/><br/>Anything else you want to "educate" me about? eugenics? Why didn’t you just say that to begin with?

This WAS a conversation about Bailouts.

Anything else you want to “educate” me about?

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