Dodd to Push for Single U.S. Bank Regulator

September 21, 2009

  • September 21, 2009 at 7:56 am
    Curt says:
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    ALL of us should start banging the drum to GET RID of these leeches that infest our system on the state and federal level.
    YES term limits are the only answer. One 6 year term and OUT. Public service should be just that and no more.

  • September 21, 2009 at 11:45 am
    matt says:
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    Instead of making our “too big to fail” banks smaller we took actions that made them even bigger. I guess logic on the hill is that these newly minted “superbanks” need a “superregulator”?

    Maybe then the single regulatory entity could fall asleep at the wheel (again) and then we can have an excuse to (again) loot the treasury to make our new “superbanks” into “uberbanks” which will become “too big to quantify” let alone “too big to fail”. Then maybe we could get an international “uberregulator” to manage the entire worlds money supply. Like the Fed, but with a new global currency and super huge multinational banks.

    But seriously, everybody should google “what a trillion dollars looks like”. It is mind blowing how much money a trillion dollars is.

  • September 21, 2009 at 12:42 pm
    IMHO says:
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    It doesn’t matter how many regulators there are if they are managed by dummies who hire lazy dummies and everyone is rewarded to look the other way.

  • September 21, 2009 at 12:42 pm
    Doctor J says:
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    He’s the one who prevented the Bush administration from making changes to the CRA that would have prevented the mortgage crisis. Get him out!

  • September 21, 2009 at 12:43 pm
    Scott says:
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    Dodd’s a crook, been in congress too long and is seeking only to increase his own power. If Chris Dodd had any interest in avoiding catastrophic failure then he should resign immediately. Never forget Fannie and Freddie both collapsed under his watch after he was repeatedly warned about them. And he had no problem obtaining his sweetheart deals with Countrywide, before they too collapsed. This man is a menace.

  • September 21, 2009 at 12:53 pm
    Bill says:
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    Mr Dodd and Bwarney Fwank, should be run out of washington. They are to blame for the financial collapse. Research the hearings on Freddie Mac and Fannie Mae. They were in the tank for them and their hiddious self regulation of loans that they bought a sold. I said self regulation because thats what it was. There was no regulation from the liberal minority filled panel, It might as well been the congressional black caucus. Barney Franks gay lover works for Fannie Mae and he was just making stupid evaluations of what was going on. Dodd was getting the largest campaign contributions of all congressmen from Freddie Mac and Fannie Mae. This is an attempt to close the gate after all the horses are out. Shame on you Dodd and Frank!

  • September 21, 2009 at 1:20 am
    eduthelibs says:
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    Good to hear that others know more than what today’s fringe media tells them…

  • September 21, 2009 at 1:24 am
    Big Bad Dodd says:
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    Like I’d believe anything this cheating man would ever say or advise. God away Dodd… Twenty Ten can’t get here quick enough!!

  • September 21, 2009 at 1:33 am
    Suspicious says:
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    It’s amazing that, between Chris Dodd & Barney Frank’s incestuous ties to Fannie/Freddie & Countrywide and their blind support of Carter/Clinton’s Community Reinvestment Act with no questions asked, even when repeatedly warned, these two have not been forced to resign their respective congressional finance comittes chairmanships.

    These are the professional polititicans that were supposed to be looking out for us, let us down, accept NO responsibility for ANY of the current crisis THEY enabled and now want us to trust THEIR judgement with even LESS oversight?

  • September 21, 2009 at 1:39 am
    Hindenburg Vacations says:
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    IMHO,

    I love it! Your quote “if they are managed by dummies who hire lazy dummies and everyone is rewarded to look the other way” sums up the entire nature of politics. In fact, if one were trying to explain what politics is to a 9-year old child that would be all he need tell him.

  • September 21, 2009 at 2:24 am
    Pete says:
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    Term Limits are our only hope for this country.

  • September 21, 2009 at 4:43 am
    stuey22 says:
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    I didn’t know I had lost confidence in the banking system….and I am soooo thrilled there can be ANOTHER Czar. Pretty soon there will be a Czar to oversee the proper technique for brushing our teeth.
    Scary, this guy thinks he helps….

  • September 22, 2009 at 7:11 am
    Darwin says:
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    One regulator, four regulators, one hundred regulators – it doesn’t matter – they can’t compete with one Connecticut Senator who has his hands out……….DUMP DODD
    (and by the way, take ol’ Barney with him…..)

  • September 22, 2009 at 7:13 am
    Scott says:
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    It’s called voting. We’ve got to take the money away.

  • September 22, 2009 at 8:39 am
    Swede says:
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    that the only idea you guys have is to throw Dodd and Frank out. I don’t like Dodd’s idea either, but the current system failed us all, so something needs to be done. Whether his idea is good or not isn’t as important as the fact that he’s actually giving one, unlike yourselves, who choose to bring nothing to the table except smart-aleck remarks.

  • October 5, 2009 at 2:52 am
    Buckeye says:
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    Swede – I understand where you are coming from, but the endless amount of forgiveness and blind faith in our politicians is the reason the electorate continues to keep crooks like Dodd and Frank in office.

    At what point do people simply admit the hideous failings of elected officials like Dodd and STOP giving the benefit of the doubt?

    The system did not fail at the regulatory level so much as at the congressional level relative to elected officials such as Dodd, Frank and others. Members of Congress vilified regulators in hearings for warning Congress about Freddie and Fannie to the point they, amongst other criticism, predictably pulled the race card once again.

    I am befuddled by the fact crooks such as Dodd and Frank continue to get re-elected. However, that is a matter for the states of CT and MA to wrestle with.

    Unfortunately, Dodd and Frank are only two of many examples of “head scratchers” in Washington and state government. As an example, we Ohioans have had our fair share of not so proud election moments — Voinovich, Boccieri, Kaptor, Kucinich, Brown, Metzenbaum, Gov Strickland, etc.



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