Politics | Obama: Do You Agree We've Had Enough of Him?


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To: Hope Praytochange who wrote (133257)5/21/2012 1:45:49 PM
From: tonto3 Recommendations   of 156358
 
As you know, Kenneth is VERY concerned about anyone making money prior to a bankruptcy...so we can expect to read many Huffington posts by him disgusted in one of Obama's partners...

Former New Jersey governor and U.S. Sen. Jon Corzine, whom President Obama once hailed as an “honorable man” and one of his “best partners” in the White House, has been subpoenaed to testify before Congress about his role in the collapse of the investment firm MF Global.

Corzine was chairman and CEO of the company between March 2010 and Oct. 31, 2011, when it filed for bankruptcy. An estimated $1.2 billion has not been accounted for, leaving many investor accounts drained. The FBI and Justice Department are also investigating the case.




MF Global's Corzine Got $8.4 Million in Year Before Collapse

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To: tonto who wrote (133261)5/21/2012 1:46:05 PM
From: Kenneth E. Phillipps2 Recommendations   of 156358
 
Social Security is a cushion for the long term unemployed. It helps to cushion the effects of the slow recovery.

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To: CF Rebel who wrote (133242)5/21/2012 1:46:57 PM
From: bentway   of 156358
 
IT'S DROPPED A GRADE SINCE 2005: ANALYSIS

By Evann Gastaldo, Newser Staff
newser.com 
Posted May 21, 2012 11:13 AM CDT

(NEWSER) – Didn't do so great on that last vocabulary test? That's OK, there's a place in Congress for you. The current class of congressmembers speaks at a 10.6 grade level—down almost a full grade from 2005's 11.5 grade level on the Flesch-Kincaid scale. According to a political scientist at the Sunlight Foundation, the open government group that ran the numbers, one reason for the decline is the influx of new members who were elected in 2010, many of them with Tea Party support. "Particularly among the newest members of Congress, as you move out from the center and toward either end of the political spectrum, the grade level goes down, and that pattern is particularly pronounced on the right," he says. In easier-to-understand terms: All of the 10 members who speak at the lowest grade levels are Republicans, and nearly all are freshmen.

Of course, the political scientist wouldn't tell NPR whether it's more effective to speak at a lower level or a higher one, so we'll let you decide for yourself. Higher grade levels are simply associated with longer sentences and bigger words:
A sentence from Rep. Dan Lungren, who has the highest grade ranking: "This Justice Department, in my judgment, based on the experience I've had here in this Congress, 18 years, my years as the chief legal officer of the state of California and 35 or 40 years as a practicing attorney tells me that this administration has fundamentally failed in its obligation to attempt to faithfully carry out the laws of the United States."
A series of sentences from Rep. Rob Woodall, who has the second-lowest grade ranking: "What do they say about socialism, Mr. Speaker? It's a great plan until you run out of other people's money. Guess what? We've run out of other people's money. I just want to show you a chart."

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To: Kenneth E. Phillipps who wrote (133264)5/21/2012 1:47:09 PM
From: tonto3 Recommendations   of 156358
 
Everything is wonderful under Obama...sip the kool aide...

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From: chartseer5/21/2012 1:49:33 PM
2 Recommendations   of 156358
 
What good are any regulations if none are enforced? Why do unenforced regulations require even more regulations? It would seem to me if there were less regulations then maybe, just maybe some could be enforced.

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To: Kenneth E. Phillipps who wrote (133262)5/21/2012 2:03:37 PM
From: sm1th3 Recommendations   of 156358
 
JP Morgan Chase loss is not $2 Billion but closer to $7 Billion. Demonstrates need for Volker rule.


It doesn't matter how much they lose as long as the govt doesn't bail them out. Even 7B is only about 4 months profits, bad for the shareholders, but hardly life threatening.

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To: TideGlider who wrote (133204)5/21/2012 2:03:51 PM
From: Ann Corrigan2 Recommendations   of 156358
 
Ken will tell you that's a hate crime ;)

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To: TideGlider who wrote (133142)5/21/2012 2:06:07 PM
From: Ann Corrigan4 Recommendations   of 156358
 
Stop confusing Ken with the facts...don't you have any mercy for the politically challenged?

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To: Kenneth E. Phillipps who wrote (133262)5/21/2012 2:08:12 PM
From: TideGlider2 Recommendations   of 156358
 
Kenneth , don't ya think Obama should have a CZAR of Trades in every large banking institution.

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To: Kenneth E. Phillipps who wrote (133264)5/21/2012 2:09:44 PM
From: TopCat8 Recommendations   of 156358
 
"Social Security is a cushion for the long term unemployed."

I guess if you're 25 and unemployed you'd really have to wait a long time for Social Security to kick in and be a cushion......are you nuts? Don't bother to answer that.

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