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(Guardian)   GOP strips funding for Wall Street regulation from budget because they love bailing out banks that are too big to fail   (theguardian.com) divider line 159
    More: Fail, GOP, funds, idea, Barbara Mikulski, slush funds  
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2189 clicks; posted to Business » on 14 Jan 2014 at 10:04 AM (25 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2014-01-14 10:05:13 AM
They're just hoping the events of 2008 repeat themselves in 2016.  Country before Party.
 
2014-01-14 10:06:27 AM
Duh. If Wall Street can't make as much money, there's less money for bribes free speech.
 
MFK
2014-01-14 10:07:19 AM
So it's a "we'll leave food stamps intact as long as you let our donors do whatever the fark they want with everyone else's money"

I hope Obama vetoes the crap outta this, but i know he won't.
 
2014-01-14 10:09:24 AM
Lack of Wall Street oversight?  Would did possibly go wrong?
 
2014-01-14 10:10:53 AM
Let's go after the REAL Welfare Queens:

img.fark.net
 
2014-01-14 10:11:11 AM
I'm glad the Democrats were there to agree with the GOP.
 
2014-01-14 10:11:16 AM
Stupid libs. It's overregualtions that caused the last blowout. The bailout proved Wall street needs to let the free market decide, such as, furthermore.
 
2014-01-14 10:11:26 AM

MFK: So it's a "we'll leave food stamps intact as long as you let our donors do whatever the fark they want with everyone else's money"

I hope Obama vetoes the crap outta this, but i know he won't.


This reminds me of the Potato-American I know who got on Obama's case for extended the Bush tax cuts in exchange for renewing the START treaty and extending unemployment benefits.  He wasn't upset with the latter two, he just wanted to jump on Obama's case because he approved something he said he wouldn't.

"HURR... Obama sucks.... because he compromised on something my party wanted!"
 
2014-01-14 10:12:16 AM
So, in order to protect our left foot, democrats agree to allow republicans to shoot us in the right foot.
 
2014-01-14 10:12:50 AM
That's the kind of small-government attitude we need!  Can we defund Obamacare now too?
 
2014-01-14 10:13:48 AM
i651.photobucket.com
 
2014-01-14 10:14:10 AM

afrinsamvictor: So, in order to protect our left foot, democrats agree to allow republicans to shoot us in the right foot.


In a modern 2-party democracy, walking out of a negotation with both feet intact is impossible without black mail or bribery.
 
2014-01-14 10:14:37 AM

afrinsamvictor: So, in order to protect our left foot, democrats agree to allow republicans to shoot us in the right foot.


Ah, the spirit of compromise!
 
2014-01-14 10:15:34 AM

coeyagi: afrinsamvictor: So, in order to protect our left foot, democrats agree to allow republicans to shoot us in the right foot.

In a modern 2-party democracy, walking out of a negotation with both feet intact is impossible without black mail or bribery.


Politics:  A conflict of interests masquerading as a contest of principles.
 
2014-01-14 10:15:46 AM

afrinsamvictor: So, in order to protect our left foot, democrats agree to allow republicans to shoot us in the right foot.


There are probably enough Democrats bought and paid for that it wasn't too difficult a decision.
 
2014-01-14 10:16:13 AM
What could possibly go wrong?
 
2014-01-14 10:17:19 AM
They're not even pretending to care anymore.
According to republicans oversight and regulations are so heinous that they must be removed at all costs regardless of much damage can be caused by the reckless behavior of those industries.
How can they not remember how we even got regulations in the first place? It's like they've forgotten the lessons of The Jungle. Their line of thought is something like "Well the food we eat is safe, why do we need an FDA to ensure that food is safe when it already is? Regulations only hamstring business, anyway" Never putting it together that regulations are often what keep us safe.

/can't wait to find a toe in my can of deviled ham
//there's probably one in it already
 
2014-01-14 10:17:40 AM
I hope the Regulators take offense to this and triple down on regulations and fines.
 
2014-01-14 10:19:55 AM

coeyagi: In a modern 2-party democracy, walking out of a negotation with both feet intact is impossible without black mail or bribery.


So vote Republican
 
MFK
2014-01-14 10:22:34 AM

coeyagi: MFK: So it's a "we'll leave food stamps intact as long as you let our donors do whatever the fark they want with everyone else's money"

I hope Obama vetoes the crap outta this, but i know he won't.

This reminds me of the Potato-American I know who got on Obama's case for extended the Bush tax cuts in exchange for renewing the START treaty and extending unemployment benefits.  He wasn't upset with the latter two, he just wanted to jump on Obama's case because he approved something he said he wouldn't.

"HURR... Obama sucks.... because he compromised on something my party wanted!"


I just think it's unbelievably shiatty for the GOP to play this card. It's also shiatty if Obama doesn't push back on it because he wants a "bipartisan compromise". This is a crappy deal anyway - a sort of "If you agree to stop screwing my wife, i'll let you burn down my house" compromise.

In my pipe dream, Obama takes this bill, goes on TV and says to the country "Remember that time the entire global economy melted down and it was because Wall Street was running amok? Well the Republicans are saying that unless we remove any regulations from these bankers and let them do whatever the hell they want, they're going to kill the food stamps program so the poor can start starving in the streets".

/I understand that you can't shame a sociopath
//all these people farking suck.
 
2014-01-14 10:22:50 AM

nyseattitude: I hope the Regulators take offense to this and triple down on regulations and fines.


But if they do that, how will they get those cushy jobs on Wall St. when they finish government service. It's the same reason the US Attorney's offense won't actually go after the bankers criminally. Those lawyers want to be partners at fancy white shoe firm jobs so they can make some real money after toiling away in government for a few years.
 
2014-01-14 10:23:26 AM

Nemo's Brother: I'm glad the Democrats were there to agree with the GOP.


Democrats: Snatching defeat from the jaws of victory for 30 years and proud of it.
 
2014-01-14 10:24:03 AM

Ivandrago: They're not even pretending to care anymore.
According to republicans oversight and regulations are so heinous that they must be removed at all costs regardless of much damage can be caused by the reckless behavior of those industries.
How can they not remember how we even got regulations in the first place? It's like they've forgotten the lessons of The Jungle. Their line of thought is something like "Well the food we eat is safe, why do we need an FDA to ensure that food is safe when it already is? Regulations only hamstring business, anyway" Never putting it together that regulations are often what keep us safe.

/can't wait to find a toe in my can of deviled ham
//there's probably one in it already


They don't even need to go back as far as the 1920.  Water in West Virginia is undrinkable because of the lack of regulation.
 
2014-01-14 10:24:20 AM

A Cave Geek: coeyagi: afrinsamvictor: So, in order to protect our left foot, democrats agree to allow republicans to shoot us in the right foot.

In a modern 2-party democracy, walking out of a negotation with both feet intact is impossible without black mail or bribery.

Politics:  A conflict of interests masquerading as a contest of principles.


Did you read that on a bumper sticker at the Army/Navy store?
 
2014-01-14 10:25:23 AM
There is no value in Wall Street. There is nothing they are doing that is necessary for capitalism to succeed. Shut the whole thing down.
 
2014-01-14 10:25:31 AM

Muta: coeyagi: In a modern 2-party democracy, walking out of a negotation with both feet intact is impossible without black mail or bribery.

So vote Republican


Um no. Actually, anything but that. Write in "Mr Potatohead" before voting for Ted Cruz.
 
2014-01-14 10:25:36 AM

Ivandrago: It's like they've forgotten the lessons of The Jungle.


That fictional characters are dumb and always do the worst thing possible to advance a populist narative?
 
2014-01-14 10:26:31 AM
Ivandrago:
/can't wait to find a toe in my can of deviled ham
//there's probably one in it already


Mmmm... toe ham....
 
2014-01-14 10:27:14 AM

AngryDragon: Nemo's Brother: I'm glad the Democrats were there to agree with the GOP.

Democrats: Snatching defeat from the jaws of victory for 30 years and proud of it.


Being able to blame republicans while passing legislation favorable to some of your biggest bribers is a win/win.
 
2014-01-14 10:29:49 AM

Headso: AngryDragon: Nemo's Brother: I'm glad the Democrats were there to agree with the GOP.

Democrats: Snatching defeat from the jaws of victory for 30 years and proud of it.

Being able to blame republicans while passing legislation favorable to some of your biggest bribers is a win/win.


Works the other way around too...
 
2014-01-14 10:29:55 AM

Saiga410: Ivandrago: It's like they've forgotten the lessons of The Jungle.

That fictional characters are dumb and always do the worst thing possible to advance a populist narative?


the real ones get Huey Longed...
 
2014-01-14 10:30:33 AM
A little context in TFA would have been nice. Like, what is the total number from which the cuts were made. How does the after-cuts number compare to previous years' like just before the 2008 crash and after.
 
2014-01-14 10:31:21 AM

Headso: AngryDragon: Nemo's Brother: I'm glad the Democrats were there to agree with the GOP.

Democrats: Snatching defeat from the jaws of victory for 30 years and proud of it.

Being able to blame republicans while passing legislation favorable to some of your biggest bribers is a win/win.


You mean the Democrats are interested in filling their pockets as much as the Republicans are?  That can't be right.  They CARE about people.  In fact, they are just like the people!*

*7-8 figure investment portfolios notwithstanding.
 
2014-01-14 10:32:16 AM
Every day, Republicans find new ways for me to despise them.
 
2014-01-14 10:33:03 AM

Saiga410: Ivandrago: It's like they've forgotten the lessons of The Jungle.

That fictional characters are dumb and always do the worst thing possible to advance a populist narative?


Okay, you've convinced me. I'm on board with a completely market regulated society. So what if when my wife was working as an engineer for a pharmaceutical company and they found a microscopic piece of metal in the batch of drugs they were making and they FDA got all pissy and regulated that the batch be destroyed. Just let those drugs ship and if someone takes the drug and dies, the rest of us will know now not to buy drugs from them anymore.
 
2014-01-14 10:33:39 AM

MayoSlather: There is no value in Wall Street. There is nothing they are doing that is necessary for capitalism to succeed. Shut the whole thing down.


Fark shutting it down: burn it down.
 
2014-01-14 10:33:44 AM

AngryDragon: Headso: AngryDragon: Nemo's Brother: I'm glad the Democrats were there to agree with the GOP.

Democrats: Snatching defeat from the jaws of victory for 30 years and proud of it.

Being able to blame republicans while passing legislation favorable to some of your biggest bribers is a win/win.

You mean the Democrats are interested in filling their pockets as much as the Republicans are?  That can't be right.  They CARE about people.  In fact, they are just like the people!*

*7-8 figure investment portfolios notwithstanding.


i2.kym-cdn.com
 
2014-01-14 10:34:54 AM

Ivandrago: Saiga410: Ivandrago: It's like they've forgotten the lessons of The Jungle.

That fictional characters are dumb and always do the worst thing possible to advance a populist narative?

Okay, you've convinced me. I'm on board with a completely market regulated society. So what if when my wife was working as an engineer for a pharmaceutical company and they found a microscopic piece of metal in the batch of drugs they were making and they FDA got all pissy and regulated that the batch be destroyed. Just let those drugs ship and if someone takes the drug and dies, the rest of us will know now not to buy drugs from them anymore.


Only an idiot would artue that if we're not at one extreme, it must mean we're at the other.

Acknowledge the spectrum, you cock.
 
2014-01-14 10:37:01 AM

Ivandrago: Saiga410: Ivandrago: It's like they've forgotten the lessons of The Jungle.

That fictional characters are dumb and always do the worst thing possible to advance a populist narative?

Okay, you've convinced me. I'm on board with a completely market regulated society. So what if when my wife was working as an engineer for a pharmaceutical company and they found a microscopic piece of metal in the batch of drugs they were making and they FDA got all pissy and regulated that the batch be destroyed. Just let those drugs ship and if someone takes the drug and dies, the rest of us will know now not to buy drugs from them anymore.


You laugh, but I know an otherwise very sharp individual who believes we should do away with building codes, and uses that exact situation as his example.

"Well, people will get far more interested in the structures they buy, inhabit, and/or operate if there is no single 'code', only competing visions. It also opens up the 'marketplace' for several competing codes and provides for amalgamations of best practices drawn from among them."

WTF.

// and he worked for a government program, too
 
2014-01-14 10:37:48 AM

Testiclaw: Ivandrago: Saiga410: Ivandrago: It's like they've forgotten the lessons of The Jungle.

That fictional characters are dumb and always do the worst thing possible to advance a populist narative?

Okay, you've convinced me. I'm on board with a completely market regulated society. So what if when my wife was working as an engineer for a pharmaceutical company and they found a microscopic piece of metal in the batch of drugs they were making and they FDA got all pissy and regulated that the batch be destroyed. Just let those drugs ship and if someone takes the drug and dies, the rest of us will know now not to buy drugs from them anymore.

Only an idiot would artue that if we're not at one extreme, it must mean we're at the other.

Acknowledge the spectrum, you cock.


Yes, because the GOP / Paulites haven't argued getting rid of the EPA and FDA.  Acknowledge the extremes are actually being argued, you cock.
 
2014-01-14 10:38:03 AM

theknuckler_33: A little context in TFA would have been nice. Like, what is the total number from which the cuts were made. How does the after-cuts number compare to previous years' like just before the 2008 crash and after.


Yeah unfortunately our journalists tend to be bad at math.  Since they don't understand why the numbers are important, they do not pass the information on.
Kind of a failure of our academic culture.  "Oh, you don't like math?! Focus on writing instead!"
 
2014-01-14 10:38:48 AM

Dr Dreidel: Ivandrago: Saiga410: Ivandrago: It's like they've forgotten the lessons of The Jungle.

That fictional characters are dumb and always do the worst thing possible to advance a populist narative?

Okay, you've convinced me. I'm on board with a completely market regulated society. So what if when my wife was working as an engineer for a pharmaceutical company and they found a microscopic piece of metal in the batch of drugs they were making and they FDA got all pissy and regulated that the batch be destroyed. Just let those drugs ship and if someone takes the drug and dies, the rest of us will know now not to buy drugs from them anymore.

You laugh, but I know an otherwise very sharp individual who believes we should do away with building codes, and uses that exact situation as his example.

"Well, people will get far more interested in the structures they buy, inhabit, and/or operate if there is no single 'code', only competing visions. It also opens up the 'marketplace' for several competing codes and provides for amalgamations of best practices drawn from among them."

WTF.

// and he worked for a government program, too


Yeah...we call those people "wedges"...

...since they're the simplest of the seven basic tools.
 
2014-01-14 10:39:50 AM
This is my utter and total lack of surprise...

Any over and under for how much the IRS investigations unit is going to be undercut this time around? I mean, for large cases, not for the moocher waitresses who keep under-reporting income, like the lousy criminals they are...
 
2014-01-14 10:40:08 AM

Testiclaw: MayoSlather: There is no value in Wall Street. There is nothing they are doing that is necessary for capitalism to succeed. Shut the whole thing down.

Fark shutting it down: burn it down.


s3.amazonaws.com
"Shut it down. Shut it down, now!"
 
2014-01-14 10:40:28 AM

coeyagi: Testiclaw: Ivandrago: Saiga410: Ivandrago: It's like they've forgotten the lessons of The Jungle.

That fictional characters are dumb and always do the worst thing possible to advance a populist narative?

Okay, you've convinced me. I'm on board with a completely market regulated society. So what if when my wife was working as an engineer for a pharmaceutical company and they found a microscopic piece of metal in the batch of drugs they were making and they FDA got all pissy and regulated that the batch be destroyed. Just let those drugs ship and if someone takes the drug and dies, the rest of us will know now not to buy drugs from them anymore.

Only an idiot would artue that if we're not at one extreme, it must mean we're at the other.

Acknowledge the spectrum, you cock.

Yes, because the GOP / Paulites haven't argued getting rid of the EPA and FDA.  Acknowledge the extremes are actually being argued, you cock.


I thought the Ivan guy was arguing in favor of zero regulations?

I'm a libby-lib socialist: I'm against Paul and Co.
 
2014-01-14 10:40:44 AM

ScaryBottles: A Cave Geek: coeyagi: afrinsamvictor: So, in order to protect our left foot, democrats agree to allow republicans to shoot us in the right foot.

In a modern 2-party democracy, walking out of a negotation with both feet intact is impossible without black mail or bribery.

Politics:  A conflict of interests masquerading as a contest of principles.

Did you read that on a bumper sticker at the Army/Navy store?


Ambrose Bierce quote.
 
2014-01-14 10:42:55 AM

Testiclaw: Ivandrago: Saiga410: Ivandrago: It's like they've forgotten the lessons of The Jungle.

That fictional characters are dumb and always do the worst thing possible to advance a populist narative?

Okay, you've convinced me. I'm on board with a completely market regulated society. So what if when my wife was working as an engineer for a pharmaceutical company and they found a microscopic piece of metal in the batch of drugs they were making and they FDA got all pissy and regulated that the batch be destroyed. Just let those drugs ship and if someone takes the drug and dies, the rest of us will know now not to buy drugs from them anymore.

Only an idiot would artue that if we're not at one extreme, it must mean we're at the other.

Acknowledge the spectrum, you cock.


Except that he willfully ignored the point of my post so I thought I'd do something similar to him.
Let me spell it out for you.
Some industries, such as those that produce goods that people put in their bodies, may need heavy regulation to ensure that people don't get hurt by their products. Wall St. has shown by past actions, like meat packing industry portrayed in The Jungle, that it needs government oversight to ensure that they don't ruin people financially.
 
2014-01-14 10:43:00 AM
This is probably about the best that can be achieved considering the membership of the current House. The strategy for both parties is compromise now, win big in 2014, then nail your opponents to the wall.
 
2014-01-14 10:43:53 AM

Ivandrago: Testiclaw: Ivandrago: Saiga410: Ivandrago: It's like they've forgotten the lessons of The Jungle.

That fictional characters are dumb and always do the worst thing possible to advance a populist narative?

Okay, you've convinced me. I'm on board with a completely market regulated society. So what if when my wife was working as an engineer for a pharmaceutical company and they found a microscopic piece of metal in the batch of drugs they were making and they FDA got all pissy and regulated that the batch be destroyed. Just let those drugs ship and if someone takes the drug and dies, the rest of us will know now not to buy drugs from them anymore.

Only an idiot would artue that if we're not at one extreme, it must mean we're at the other.

Acknowledge the spectrum, you cock.

Except that he willfully ignored the point of my post so I thought I'd do something similar to him.
Let me spell it out for you.
Some industries, such as those that produce goods that people put in their bodies, may need heavy regulation to ensure that people don't get hurt by their products. Wall St. has shown by past actions, like meat packing industry portrayed in The Jungle, that it needs government oversight to ensure that they don't ruin people financially.


Okay, I read that wrong: my apologies.

You are not a cock.

/I am the cock
 
2014-01-14 10:45:15 AM

clambam: This is probably about the best that can be achieved considering the membership of the current House. The strategy for both parties is compromise now, win big in 2014, then nail your opponents to the wall.


Why consider the big picture when we can wharrgarble!!!
 
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