President Obama to "Go Big" on financial reform...

According to an article in today's HuffingtonPost. Just what does that mean?

The President did send Treasury Secretary Tim Geithner to talk with Senator Susan Collins today, in an attempt to win her over to the side of financial reform. Is this a waste of time? What kind of timid reform will they end up with if they compromise with the Republicans?

The President is holding all the cards. If this were a poker game, he would be holding a straight flush and everyone else would be drawing two cards or more. He can bet whatever he wishes. They can call or they can fold. That is the reality.

It is up to the President to define how much reform he wants from these folks on Wall Street. They are running scared. It is not just Goldman Sachs, it is several of the big banks involved in this scam. It was fraud on a grand scale. It's a scandal of massive proportion.

It is time for the President to "Go Big" on this issue. He needs the Attorney General to crack down on these criminals that came within a hair of bringing down our entire economy. They destroyed life savings and caused the stock market to crash. The taxpayers had to put forth hundreds of billions of dollars to save them and our economy. Someone has to answer for it.

This will be Barack Obama's legacy. Either he fights the battle that needs to be fought or he will go down in history as a failure. Just my opinion.


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heh.

Maybe he will pair it by going big on free trade too. Maybe neither. We will see

from Repukes crying over poor goldman sachs. And if any puke does that, he/she is toast in their next re-election campaign.

Go get 'em, President Obama!

that one politician got over $900,000 from Goldman Sachs in the last election cycle.

Who was it? Barack Obama. Does that mean he cannot do what needs to be done?

is right twice a day.

Other world leaders are doing the same.

I realize I'm a Debbie Downer, but with many people on his staff formerly employed by large financial companies, pardon me if I am more than a bit skeptical.

-MV
again, voted Democratic since 1979

Financial reform does not have to go thru the CBO.