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House Leader Frank Vows to Regulate Credit Default Swap Market

National News • October 14, 2008
The head of a U.S. congressional finance panel said Monday he would seek to regulate the fast-growing $55 trillion credit default swaps market, which has been blamed for exacerbating the financial ...

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Subject: Fire Congress.....Democrats/Republicans

Posted On: October 14, 2008, 1:48 pm CDT
Posted By: Mark
Comment:
Everyone on both sides of the aisle need to go. We need leaders who understand the issues and not worried about getting re-elected!

It has become so lucrative for one to get elected into Congress that for any price they will sell their First Born to yield power in Washington. We need to FORCE Congress to change their lucrative packages of lifetime salaries, benefits, etc just like their counterparts on Wall Street who brought down the investment markets. For once then you would have these low-lifes understand what working in the real world means! We should invoke term limits on Congress just like the President, so we continually get a new perspective on the issues impacting America!

They can stand there and blame one another, but at the end of the day someone needs to be held accountable.

Unfortunately, we have equally poor choices for the most powerful position in the world and that is President of the United States. Neither comes across too knowledgable and compound that with a Democratic controlled Congress and you are destined for continued failure. Send Pelosi and Reid on a one-way ticket to Siberia! I am sure they can get a lobbyist to pay for the excursion to the land of nowhere!
Subject Posted By Posted On
Ignorant or Fraudulent... Vlad
Oct 15, 2008, 9:37 am
A Smelly Acorn The Nutcracker
Oct 14, 2008, 5:27 pm
RE: RE: RE: RE: RE: Finally! LH
Oct 14, 2008, 4:02 pm
RE: Fire Congress.....Democrats/Republicans LPO
Oct 14, 2008, 2:19 pm
RE: RE: RE: RE: Finally! RS
Oct 14, 2008, 2:10 pm
RE: RE: RE: Finally!
Oct 14, 2008, 2:01 pm
Fire Congress.....Democrats/Republicans Mark
Oct 14, 2008, 1:48 pm
Is He Kidding? Monarch
Oct 14, 2008, 1:46 pm
RE: RE: Finally! Bob
Oct 14, 2008, 1:26 pm
RE: RE: RE: RE: Finally! David
Oct 14, 2008, 1:18 pm
RE: RE: RE: RE: Finally! Super Genius
Oct 14, 2008, 1:04 pm
Gramm-Leach-Bliley Joe H
Oct 14, 2008, 1:02 pm
RE: RE: RE: Finally! RS
Oct 14, 2008, 12:56 pm
RE: RE: Finally! matt
Oct 14, 2008, 12:08 pm
RE: RE: RE: Finally! Donna
Oct 14, 2008, 10:58 am
RE: RE: Finally! wudchuck
Oct 14, 2008, 10:39 am
RE: Finally! Donna
Oct 14, 2008, 10:08 am
RE: Finally! RS
Oct 14, 2008, 10:02 am
Finally! matt
Oct 14, 2008, 9:41 am
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