What are the troubled banks in America?

Why don't Conservatives believe that the private banks and Wall Street aren't looting America?

  • Are they in denial of the 7 trillion dollars pumped into the banks, Wall Street, and Corporations that virtually was a failure?? America's deficits skyrocketed, banks are sitting on billions of tax payer dollars and won't lend because the FED isn't charging them interests rates, broken millionaires and Wall Street thugs got their millions back instead of going to jail for fraud or going bankrupt. Why is it that Conservatives typically come in defense of Wall Street and the banks so often? Are they honestly stupid enough to believe that the banks and Wall Street support a "free market" and defend them for the sake of that - or they just won't bite the hand that feeds them perhaps?? I hear Conservatives talk about free market principles all the time, yet they support the most anti-free market groups ever. And majority of their Representatives are even in cahoots with these monopolist. Lay off the idiot box, lay off the governments propaganda ministry - and yes that would include Fox News.

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    see...this is why kids should learn things like grammar, history and math before attempting to sound all grown-up....

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Wake up. It's not banks and Wall Street that is looting America. It's the federal government doing those things. None of the things you complain about are Free Market. They are all due to government intervention in the free market!

I recall that Conservatives opposed the Bailouts, and the Democrats were just as involved in that government action. Twice as many Dems voted for it than Rep... http://www.opencongress.org/wiki/2008_bank_bailout_bill#Second_House_vote Conservatives are not necessarily Republicans. Second House vote On October 3, the House once again considered the financial recovery package. By a 263-171 margin, the chamber approved the Senate's version of the bill, which was then signed into law that same day by President Bush.[1] House Record Vote (681)October 03, 2008On Motion to Concur in Senate Amendments: H R 1424 Emergency Economic Stabilization Act of 2008 On Motion to Concur in Senate Amendments Percentage of 'Aye' votes: 60% - Passed Required percentage of 'Aye' votes: 1/2 (50%) 263 Ayes171 Nays Dem Rep Other Ayes 171 91 0 Nays 63 108 0 Abst. 0 0 0 I am amazed that you can call them FOX lies and yet see the final vote right here. I do not watch FOX. I am an Independent who despises both parties for the thieves they are.

I thought the federal government with its seemingly endless supply of bureaucrats and regulations housed under the iron fist of the cabinet level ministries that were sucking this country dry.

It is the Government like President and Congress who creates the laws that have allowed Wall Street and Bankers to get rich off the taxpayers. They are the freakin regulators. Wall Street can not do anything without Government approval. Look at the Democrat policies under Pelosi and see how many Millionaires she has created by insider trading.

its the federal reserve centrally managed anything by the government fails exactly why centrally managed money fails money has to come out of the market

Like most liberal rants yours makes the error of "broad-brushing" an issue. I am certain there has been abuse by some in the financial sector (which isn't all on Wall Street, by the way) and by some banks. Some banks have been investigated and some have been forced to close down. To a certain extent there are those in government who have partnered with many of these. The larger picture, however, is that banks and investors stand only to lose when the economy fails, as it will do if the abuse is not controlled. There are many participants in a free enterprise system, and I believe the majority are honest. There are many abusers who are not part of this system. Your premise suffers from being overly generalized. Usually successful people and successful companies--be they banks, retailers or fast food chains--are targets for accusations of abuse. Sometimes the accusations are true--often they are not. Oh, I didn't get this from watching television or listening to propaganda.

we ddo. the reason is because congress made it mandatory. every dollar gets taxed. the more they churn the more they spend. its not us against them. its about our respect for justice.

The economic policies of the nineties caused it, and it won't change til they're reversed.

Because they think that if we save the banks and ignore what the Federal Reserve is doing to prop up derivative scams that their investments will be safe. That's what Faux News keeps telling them

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