Comments on: Jeff Barnett on the Issues: Re-Regulate the Megabanks http://novatownhall.com/2010/09/22/jeff-barnett-on-the-issues-re-regulate-the-megabanks/ Where you are held accountable for your convictions and record Sun, 19 May 2013 19:00:55 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: dans http://novatownhall.com/2010/09/22/jeff-barnett-on-the-issues-re-regulate-the-megabanks/comment-page-1/#comment-39660 dans Wed, 22 Sep 2010 20:36:57 +0000 http://novatownhall.com/?p=4442#comment-39660 HARRISBURG, PA. — Republican Pat Toomey is slightly ahead of Democrat Joe Sestak in a new poll in Pennsylvania's closely watched race for U.S. Senate. The Quinnipiac University poll released Wednesday shows Toomey with 50 percent to Sestak's 43 percent among likely voters. Meanwhile, independent voters are breaking heavily for Toomey, 54 percent to 36 percent. Read more at the Washington Examiner: http://www.washingtonexaminer.com/politics/ap/poll-shows-toomey-holding-apparent-lead-over-sestak-in-pennsylvanias-race-for-us-senate-103536834.html#ixzz10IDFpeU1 HARRISBURG, PA. — Republican Pat Toomey is slightly ahead of Democrat Joe Sestak in a new poll in Pennsylvania’s closely watched race for U.S. Senate.

The Quinnipiac University poll released Wednesday shows Toomey with 50 percent to Sestak’s 43 percent among likely voters. Meanwhile, independent voters are breaking heavily for Toomey, 54 percent to 36 percent.

Read more at the Washington Examiner: http://www.washingtonexaminer.com/politics/ap/poll-shows-toomey-holding-apparent-lead-over-sestak-in-pennsylvanias-race-for-us-senate-103536834.html#ixzz10IDFpeU1

]]> By: Cathymac http://novatownhall.com/2010/09/22/jeff-barnett-on-the-issues-re-regulate-the-megabanks/comment-page-1/#comment-39659 Cathymac Wed, 22 Sep 2010 19:53:18 +0000 http://novatownhall.com/?p=4442#comment-39659 Barney Frank below 50% - first NY, now yabba-dabba Massachusetts (again)?: http://hotair.com/archives/2010/09/22/poll-surprise-of-the-day-barney-frank-in-trouble/ Barney Frank below 50% – first NY, now yabba-dabba Massachusetts (again)?:

http://hotair.com/archives/2010/09/22/poll-surprise-of-the-day-barney-frank-in-trouble/

]]> By: dans http://novatownhall.com/2010/09/22/jeff-barnett-on-the-issues-re-regulate-the-megabanks/comment-page-1/#comment-39657 dans Wed, 22 Sep 2010 18:37:14 +0000 http://novatownhall.com/?p=4442#comment-39657 it's up to you, New York, NEW YORK !!! "Bloomberg, a Democrat-turned-Republican-turned independent" Guess some still don't know what they want to be when they grow up. Bet he turns Democrat again : http://www.huffingtonpost.com/alan-schram/bloomberg-for-treasury-se_b_178010.html it’s up to you, New York, NEW YORK !!!

“Bloomberg, a Democrat-turned-Republican-turned independent”

Guess some still don’t know what they want to be when they grow up. Bet he turns Democrat again :

http://www.huffingtonpost.com/alan-schram/bloomberg-for-treasury-se_b_178010.html

]]> By: Cathymac http://novatownhall.com/2010/09/22/jeff-barnett-on-the-issues-re-regulate-the-megabanks/comment-page-1/#comment-39656 Cathymac Wed, 22 Sep 2010 18:27:40 +0000 http://novatownhall.com/?p=4442#comment-39656 New Cuomo v Palladino poll - if R's can - make it there, they'll make it ANYWHERE.........: http://hosted.ap.org/dynamic/stories/U/US_NY_GOVERNORS_RACE?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2010-09-22-13-57-22 New Cuomo v Palladino poll – if R’s can – make it there, they’ll make it ANYWHERE………:

http://hosted.ap.org/dynamic/stories/U/US_NY_GOVERNORS_RACE?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2010-09-22-13-57-22

]]> By: dans http://novatownhall.com/2010/09/22/jeff-barnett-on-the-issues-re-regulate-the-megabanks/comment-page-1/#comment-39654 dans Wed, 22 Sep 2010 17:47:17 +0000 http://novatownhall.com/?p=4442#comment-39654 Squiddy, Don't forget Andrew Cuomo who played a major role. Any pol that does not understand how the mess started is doomed to repeat those mistakes. Unless of course, we the people retire them first.. Squiddy, Don’t forget Andrew Cuomo who played a major role. Any pol that does not understand how the mess started is doomed to repeat those mistakes. Unless of course, we the people retire them first..

]]> By: squiddy http://novatownhall.com/2010/09/22/jeff-barnett-on-the-issues-re-regulate-the-megabanks/comment-page-1/#comment-39648 squiddy Wed, 22 Sep 2010 16:56:49 +0000 http://novatownhall.com/?p=4442#comment-39648 Here's where I'm confused about the Democrat party and their collective "take" on the Sub-Prime Mortgage mess and the resultant financial chaos - when they say things like what Barnett said, blaming the Republicans and the Mega-Banks, is that just political spin? Or do they really not understand what happened, and why? I actually hope it's the former, but their behavior since tells me they may actually believe that - because they seem insistent on making the same kinds of mistakes that led to the Sub-Prime collapse in the first place. Because if there's *single* lesson to be learned from all of that calamity , it wasn't a lack of small banks, it wasn't the Republicans, it wasn't Democrats, it wasn't greed, it wasn't laws that encouraged mortgage companies to place mortgages and then quickly securitize them, it wasn't the easy-money interest-rate setting policies of the Fed, it wasn't people tempted into real-estate speculation by the notion of easy money (there were even television shows about flipping real estate), or the CRA or the miscalculation of risk assessments on CDO's, and it wasn't the ability of someone to buy CDS's on CDO's they didn't even own, or on HUD setting policies for Fannie/Freddie for placing low-income mortgages, or Glass-Steagal, or George Bush or Bill Clinton or Henry Cisneros or Alan Greenspan and on and on and on - all played a part, to be sure. But I think the *single* most important thing a would-be legislator would've learned from all that is the unintended consequences of what they do can be catastrophic, far worse than the problem they were "fixing" in the first place. In my view, if there was single principal that caused it all, it was the *government*, wanting to do a "good thing", that is, encouraging home-ownership for low-income people, and so bent the rules of good sense in a thousand different ways. It wasn't a *lack* of regulation, it was the *wrong* regulations. Here’s where I’m confused about the Democrat party and their collective “take” on the Sub-Prime Mortgage mess and the resultant financial chaos – when they say things like what Barnett said, blaming the Republicans and the Mega-Banks, is that just political spin? Or do they really not understand what happened, and why? I actually hope it’s the former, but their behavior since tells me they may actually believe that – because they seem insistent on making the same kinds of mistakes that led to the Sub-Prime collapse in the first place.

Because if there’s *single* lesson to be learned from all of that calamity , it wasn’t a lack of small banks, it wasn’t the Republicans, it wasn’t Democrats, it wasn’t greed, it wasn’t laws that encouraged mortgage companies to place mortgages and then quickly securitize them, it wasn’t the easy-money interest-rate setting policies of the Fed, it wasn’t people tempted into real-estate speculation by the notion of easy money (there were even television shows about flipping real estate), or the CRA or the miscalculation of risk assessments on CDO’s, and it wasn’t the ability of someone to buy CDS’s on CDO’s they didn’t even own, or on HUD setting policies for Fannie/Freddie for placing low-income mortgages, or Glass-Steagal, or George Bush or Bill Clinton or Henry Cisneros or Alan Greenspan and on and on and on – all played a part, to be sure.

But I think the *single* most important thing a would-be legislator would’ve learned from all that is the unintended consequences of what they do can be catastrophic, far worse than the problem they were “fixing” in the first place.

In my view, if there was single principal that caused it all, it was the *government*, wanting to do a “good thing”, that is, encouraging home-ownership for low-income people, and so bent the rules of good sense in a thousand different ways. It wasn’t a *lack* of regulation, it was the *wrong* regulations.

]]>