Home
Blog
Radio
Missing Persons
Crime
April 18, 2024, 03:34:56 PM
Welcome,
Guest
. Please
login
or
register
.
1 Hour
1 Day
1 Week
1 Month
Forever
Login with username, password and session length
News
:
NEW CHILD BOARD CREATED IN THE POLITICAL SECTION FOR THE 2016 ELECTION
Home
Help
Login
Register
Scared Monkeys Discussion Forum
>
Current Events and Musings
>
Political Forum
> Topic:
Financial Crisis Inquiry Commission De$tined to Fail?
Pages:
1
Go Down
« previous
next »
Print
Author
Topic: Financial Crisis Inquiry Commission De$tined to Fail? (Read 1767 times)
0 Members and 1 Guest are viewing this topic.
WhiskeyGirl
Monkey All Star Jr.
Offline
Posts: 7754
Financial Crisis Inquiry Commission De$tined to Fail?
«
on:
April 06, 2010, 12:29:08 PM »
Is the Financial Crisis Inquiry Commission destined to fail? Short funded to ensure failure? Designed to let criminals off the hook?
WASHINGTON, April 6 (UPI) --
Members of a congressional panel investigating the recent U.S. financial crisis said limited time and a small budget had affected their wide-ranging inquiry.
Phil Angelides, chairman of the Financial Crisis Inquiry Commission, said the panel has a Dec. 15 deadline to produce a report and an $8 million budget that is far less than the $38 million spent on an investigation of the fall of Lehman Brothers, The New York Times reported Tuesday.
"We are limited by time," said the commission's vice president, Bill Thomas,
Another member of the commission, Keith Hennessey, a former economic adviser to President George W. Bush, said, "We lost a fair amount of time on the front end."
Quote
Commission members said Thomas and Angelides bickered over whether to release preliminary reports before the Dec. 15 deadline. Others said Angelides was focused more on public hearings than in-depth investigations.
Hmmm...release preliminary reports before elections?
Focus on hearings and NOT REAL INVESTIGATIONS?
Hearings for show purposes? Do hearings result in wrong doers/criminals being held accountable? Or, are hearings for show?
Why not real investigations? Find the out the wrongdoers? Those who tricked America? Created the mass private profits, and the MASSIVE PUBLIC DEBT?
http://www.upi.com/Business_News/2010/04/06/Financial-crisis-panel-off-to-a-slow-start/UPI-84351270570084/
Destined to fail?
Logged
All my posts are just my humble opinions. Please take with a grain of salt.
It doesn't do any good to hate anyone,
they'll end up in your family anyway...
WhiskeyGirl
Monkey All Star Jr.
Offline
Posts: 7754
Re: Financial Crisis Inquiry Commission De$tined to Fail?
«
Reply #1 on:
April 06, 2010, 12:32:39 PM »
"Anonymously, Members Of The Financial Crisis Commission Are Stabbing Its Leader In The Back"
Quote
The most glaring part, though, was this:
...a few commissioners said they were concerned that Mr. Angelides was more interested in holding prominent hearings than in selecting a few targets for deep examination. For example, the chief executives of four Wall Street banks testified in January, and Alan Greenspan, the former Federal Reserve chairman, will testify on Wednesday. The commission has issued no subpoenas even though it has the power to do so.
So basically, they think Angelides is all doing this for show, which is actually one of the worst things you can say, and yet totally plausible given that Angelides does not currently hold any elected office, having failed to win the California governorship in 2006.
Read more:
http://www.businessinsider.com/phil-angelides-2010-4#ixzz0kL2YvbVO
Logged
All my posts are just my humble opinions. Please take with a grain of salt.
It doesn't do any good to hate anyone,
they'll end up in your family anyway...
WhiskeyGirl
Monkey All Star Jr.
Offline
Posts: 7754
Re: Financial Crisis Inquiry Commission De$tined to Fail?
«
Reply #2 on:
April 06, 2010, 12:37:12 PM »
Quote
Reform School
by Gary Weiss Apr 06 2010
The Financial Crisis Inquiry Commission isn't living up to its potential. Here's how to make the commission tougher and more effective and reduce the odds of another crisis.
Quote
Cox and Greenspan were both placed in their crucial jobs even though it was no secret that they worshiped the goddess of laissez-faire economics, Ayn Rand. In fact, Greenspan was one of her closest associates from the early 1950s through her death in 1982. He wrote essays for the Objectivist Newsletter on regulation that today read like Simon Legree expounding on civil-rights legislation.
Neither Pitt nor Cox is on the witness list Wednesday, nor any of the other top SEC honchos who ran the agency into the ground over the past two decades, nor any of the congressmen responsible for allowing them to do so.
As long as we’re putting Congress on the hot seat, let’s not forget Phil Gramm, Jim Leach, and Thomas J. Bliley. It was these three gents, former Republican congressmen from Texas, Iowa, and Virginia, respectively, who introduced the 1999 legislation that repealed Glass-Steagall, the New Deal legislation that separated investment from commercial banks. The result, as economist and Nobel laureate Joseph Stiglitz has pointed out, was that “the culture of investment banks was conveyed to commercial banks, and everyone got involved in the high-risk gambling mentality.” Mr. Gramm, Mr. Leach, and Mr. Bliley, take the stand.
Quote
And let’s not forget Larry Summers. He’s now director of the National Economic Council. Back in 1999, when he was Treasury Secretary, he, Greenspan, and Arthur Levitt, Clinton’s grotesquely overrated SEC chairman, served on the president’s Working Group on Financial Markets. They joined forces to torpedo an effort by the Commodity Futures Trading Commission to impose regulation on complex derivatives.
Are they puttling Glass-Steagall back? Making the problem bigger?
All show pony? Bark? No bite?
more here -
http://www.portfolio.com/industry-news/banking-finance/2010/04/06/this-is-how-to-fix-the-obama-financial-crisis-inquiry-commission/index1.html
Logged
All my posts are just my humble opinions. Please take with a grain of salt.
It doesn't do any good to hate anyone,
they'll end up in your family anyway...
Edward
Monkey Junky
Offline
Posts: 3816
Re: Financial Crisis Inquiry Commission De$tined to Fail?
«
Reply #3 on:
April 06, 2010, 01:41:21 PM »
Nothing will come of any of this in my humble opinion.
All the people on this commission are getting paid and they should just be happy with that and fill out the forms and write a nice report so they can get new jobs with even higher pay.
This nation was Sold Out years ago and We are all slaves with no hope.
jmho
Logged
Pages:
1
Go Up
Print
Scared Monkeys Discussion Forum
>
Current Events and Musings
>
Political Forum
> Topic:
Financial Crisis Inquiry Commission De$tined to Fail?
« previous
next »
Jump to:
Please select a destination:
-----------------------------
FORUM RULES
-----------------------------
=> Forum Rules and Tips
-----------------------------
Polls, Polls and more Polls
-----------------------------
=> Missing Persons Polls
=> Current Events/News Polls
=> Crime and Trial Polls
=> Just For Fun Polls
-----------------------------
Missing Persons - High Profile
-----------------------------
=> Missing Persons High Profile
===> Dylan Redwine, 13yrs old, last seen 11/19/12, Vallecito, CO
===> Kyron Horman - Portland Oregon
===> Caylee Marie Anthony - Florida (BODY FOUND)
=====> Caylee's Law - by State
=======> Caylee's Law - text
=======> ALABAMA
=======> ALASKA
=======> ARIZONA
=======> ARKANSAS
=======> CALIFORNIA
=======> COLORADO
=======> CONNECTICUT
=======> DELAWARE
=======> DISTRICT OF COLUMBIA
=======> FLORIDA
=======> GEORGIA
=======> HAWAII
=======> IDAHO
=======> ILLINOIS
=======> INDIANA
=======> IOWA
=======> KANSAS
=======> KENTUCKY
=======> LOUISIANA
=======> MAINE
=======> MARYLAND
=======> MASSACHUSETTS
=======> MICHIGAN
=======> MINNESOTA
=======> MISSISSIPPI
=======> MISSOURI
=======> MONTANA
=======> NEBRASKA
=======> NEVADA
=======> NEW HAMPSHIRE
=======> NEW JERSEY
=======> NEW MEXICO
=======> NEW YORK
=======> NORTH CAROLINA
=======> NORTH DAKOTA
=======> OHIO
=======> OKLAHOMA
=======> OREGON
=======> PENNSYLVANIA
=======> PUERTO RICO
=======> RHODE ISLAND
=======> SOUTH CAROLINA
=======> SOUTH DAKOTA
=======> TENNESSEE
=======> TEXAS
=======> UTAH
=======> VERMONT
=======> VIRGINIA
=======> WASHINGTON
=======> WEST VIRGINIA
=======> WISCONSIN
=======> WYOMING
=====> Caylee Marie Anthony Murder Trial Archives
===> Sierra Lamar, 15yrs old, Morgan Hill, CA Missing Since March 16, 2012
===> JO ANN (JODIE) BAIN AND 3 DAUGHTERS MISSING 4/27/2012(2 murdered 2 safe)
===> Isabel Mercedes Celis, 6 yrs old missing 4/21/12 Tucson, AZ (Body Found)
===> Jennifer Kesse - Orlando/Ocoee, Florida
===> Susan Powell 28yrs old, missing 12/6/09 West Valley City, Utah
===> Michelle Loree Parker, Last Seen 11/17/11, Orlando, FL
===> Celina Cass, 11yrs old missing 7/25/11 New Hampshire
===> Aliayah Lunsford, 3yrs old, Weston, West VA, missing since 9/24/2011
===> Lisa Irwin, 10mo old missing since 10/4/2011 KC, MO
===> Robyn Gardner missing in Aruba August 2, 2011
=> Missing Persons - High Profile - Archives
-----------------------------
Virginia Area Missing and Murdered - possible connections
-----------------------------
=> Morgan Dana Harrington, 20yrs missing VA Tech 10/17/09(BODY FOUND)
=> Hannah Elizabeth Graham missing since 9/13/14 Charlottesville, VA
=> Alexis Murphy, missing since 8/3/13 Charlottesville, VA
=> Samantha Ann Clarke 19yrs. old Orange Va. Last seen 09/13/10
=> Dashad Sage Smith missing since 11/20/12 Charlottesville, VA
=> Cassandra Morton 23, Lynchburg, missing 10/10/09 body found 11/29/09
-----------------------------
High Profile Crimes and Trials (not missing persons)
-----------------------------
=> Jodi Arias trial - for the murder of Travis Alexander
=> Trial of George Zimmerman - 2nd Degree Murder of 17yr old Trayvon Martin
=> Scott Peterson Appeal of Murder Conviction
-----------------------------
Missing, Exploited and True Crime
-----------------------------
=> Missing Exploited and True Crime
===> Missing Persons Forum
=====> Missing Found or Presumed Deceased
=====> Missing Found Safe
=====> Missing Endangered Runaways
=====> Resourses, Search Groups and Fundraisers
===> Crimes Against Children, Elderly and the Disabled
===> Crimes of Passion/Anger
===> Serial Killers and Their Possible Victims
===> Unsolved Crimes
=====> Finally Solved
===> Haleigh Marie Cummings - Florida
===> Adji Desir - Florida
===> Somer Renee Thompson 7 yo, Orange Park FL 10/19/09(BODY FOUND)
===> Tracy Ocasio - Orlando/Ocoee, Florida
===> Shaniya Nicole Davis, 5 Fayetteville, NC Missing 11/10/09(BODY FOUND)
===> Holly Bobo, 20yrs old missing Parsons, TN 4/13/11
===> Hailey Dunn - 13yrs old - Colorado City, TX missing 12/27/10 (Body Found)
===> Elizabeth Olten - 9yrs, Jefferson City, MO missing 10/21/09 (BODY FOUND)
===> Lindsey Baum - McCleary, WA 6/26/09
===> Amber Leeanne Dubois 14yrs old - Escondido, CA(BODY FOUND)
===> Chelsea King, 17, Missing 2-25-2010 Rancho Bernadino CA (BODY FOUND)
===> Sandra Cantu, 8 years old - Tracy, CA(BODY FOUND)
===> Madeleine McCann - Portugal
===> Christine Marie Sheddy - missing since 11/13/2007 - Maryland(BODY FOUND)
===> Nevaeh Amyah Buchanan 5yr Monroe Michigan(BODY FOUND)
===> Gabriel Johnson 8 mo., last seen 12/26/09 Tempe AZ-San Antonio TX
===> Stacy Ann Peterson missing & Kathleen Savio murdered - Illinois
===> Zahra Clare Baker - 10yrs old Hickory, NC (Body Found)
-----------------------------
Natalee Holloway
-----------------------------
=> Natalee Holloway
=> Important Case Documents
===> Joran Statements/PV's
===> Paulus Statements/PV's
===> Deepak Statements/PV's
===> Satish Statements/PV's
===> Misc Statements/PV's
=> LCD Archive
=> Shango/Simian and other Codetalkers
-----------------------------
Current Events and Musings
-----------------------------
=> Monkey Musings / Open Discussion
=> Pop Culture Main
===> Hugely Popular TV Shows
===> Movies and Television
===> Social Media
===> Music
===> Books
===> Scared Monkeys Radio with Dana Pretzer
=> Health and Medical Issues
=> Food and Product Recalls
=> News of the Day
=> Business News
=> Sports
=> Political Forum
=> Religion (discussion and debate)
-----------------------------
The Monkey Lounge
-----------------------------
=> The Monkey Lounge
===> Fashion & Decorating
===> What's Cooking? Recipes
===> Games
=> Inspirational
===> Memorial - Gone but Never Forgotten
===> Gratefulness - Light a Candle in Prayer
===> Inspirational scriptures, songs, stories and prayers
-----------------------------
Natalee Discussions (2005 ARCHIVE)
-----------------------------
=> Natalee Holloway
=> Theory and Speculation
=> Links and References Only
=> Natalee Breaking News Archive
-----------------------------
General Discussions (2005 ARCHIVE)
-----------------------------
=> News Issues
=> Chit Chat
Loading...