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Market 'reforms' a gift to Wall St. »

Posted by: engineer 4 months, 3 weeks ago

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The Treasury chief's plan wouldn't fix the problems underlying today's financial crisis. Plus, is it wise to give the Fed -- clearly asleep at the switch -- more authority? It's a scam, a fraud, a charade, a lie.

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engineer4 months, 3 weeks ago

But what else did you expect from a package of "reforms" fronted by a Treasury secretary who was formerly the CEO of investment bank Goldman Sachs (GS, news, msgs), a package written by Treasury Department officials with input from Wall Street's biggest players? It's no coincidence that many of the plan's ideas echo those peddled by Wall Street lobbyists for years in the halls of Congress.
The plan throws the public and the politicians a few bones, but in reality the reforms have almost nothing to do with fixing the problems in the financial markets that have produced the current crisis. Instead, they're an astutely timed effort to use the current crisis to give Wall Street what it has wanted for years: less regulation.
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  engineer4 months, 3 weeks ago
  
  Remember --- Always help the wealthy -- the rest to them aren't worth sh.t!
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    not2needy4 months, 3 weeks ago
    
    GOOD GRIEF, ain't that the truth?
    I will have to say, in 2000 during one of Gores and Bushies debates, Gore tied Bush down and made him admit that the plan he had would benefit ONLY the rich. Bush's response was something to this effect: "Yes, my reform will help the wealthy, why should poor people get all the breaks?"
    I just KNEW after that debate Dubya didn't stand a prayer, he was a goner, and in reality he was, until he got Bubba Jeb to rig Fla, and then the Supreme Court to appoint him president. After that the old people were so brainwashed into thinking that he was the one to keep them safe from the boogy man, and i guess he won in 2004, Good Lord!
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unifinbroker4 months, 3 weeks ago

You sure have heard the saying that "better use of 1% of the efforts of 100 people than 100% own efforts?
Regardless of whether you are new to the market or already successful forex trader, you can earn money, not only trading on the currency market, but also helping others. How?
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