GG

Are the lobbyists the ones who go on the air every single day conflating the issues?

RIP George. Changed a lot of things about the industry.

Of course the industry is capable of self policing. The real question is what do you want the financial sector to do in an economy? Do you want it to be a utility taking deposits and making loans, or do you want it to be the engine behind real economic growth? Read Dimon's diatribe from last week to get a better clue.

You honestly believe that the rating agencies would have assigned different ratings if they were regulated? Hint, a big reason for the real estate run up were regulations and NGOs.

Not quite what happened, but lets say it did. How would have your proposals eliminated the crisis?

CDOs are not considered derivatives by anyone but the uninformed who get their financial knowledge from Elizabeth Warren. How did CDOs affect the financial players working capital?

CDO is not the same thing as CDS, and not quite a derivative. But I understand how acronyms can confuse the uninformed.

Exactly which derivatives are you referring to?

How is 1% of Tier 1 capital going to insure safety of the financial system? What kind of additional training would regulators benefit from? How did the end of Glass Steagall contribute to the financial debacle?

Such as what? This should be fun.

Which encapsulates every single progressive platform

It's because he doesn't understand the fancy menu items and prefers the Mexican Taco bowl

I think the players should consult with NFLPA before they spout off to the press. It's not like the NFL economics are a hidden secret from the union heads.

That's why he's the NYT token

The economists who were screaming about the worst recession since the 30's had a vested interest in pushing the economic stimulus plan. In historical review though, the recession wasn't caused by business overinvestment and the resulting pullback, but by a massive liquidity crunch across the world's financial players. Once the finance sector stabilized, the economic growth (GDP, jobs & wages) should have rebounded much faster. But it didn't, because domestic profits were made from cost reductions, lower interest rates, tax depreciation gimmickry and stashing profits overseas.

I'd quibble with that. POTUS can have a greater effect on a recovery than on a collapse. Like putting in growth stifling regulations at the outset of a recovery and increasing the cost of doing business.

I know. Those breadlines were a B word in 2009.

You're out of your element when discussing the economy. Please explain exactly how the 2009 financial collapse was like the Depression

I guess it never dawned on Brooks that his friend's aversion to the hoity toity sandwich shop wasn't the fancy Italian names, but the exorbitant prices for mealy sandwiches

They're spoiled relative to 99.9% of society. They're not spoiled when compared to the 0.1%

Truth. Trump is the same moron as a president as he was impersonating a real estate tycoon.

Which was the specific intent of the Founding Fathers. Changing it now would be a disaster

All the while ignoring Russian meddling prior to 2016 (especially the role the KGB played in the '60s strife).

Would he?

As I understand, he needs to report any foreign government overtures to FBI