Treasury’s Plan Would Give Fed Wide New Power

Pred · 03-28-2008, 09:32 PM

KGunner · 03-28-2008, 09:59 PM

Thats a good idea...give the government MORE power to attempt to fix problems they created. I think it is time state government are allowed more power and we go back to the way it was in 1787.

Rave · 03-28-2008, 10:30 PM

Just what we need,MORE gummint power!

troy2000 · 03-29-2008, 01:14 AM

Ah, yes...today's Republican Party. Conservative bastion of limited government, states' rights, fiscal restraint and responsibility, and all that other good stuff.

And you guys wonder why I'd rather be called a liberal?

KGunner · 03-29-2008, 04:26 AM

I'm a conservative, just not a Republican. Much like you may be a liberal, but not necessarily a Democrat (I don't know what you are, but for arguments sake).

troy2000 · 03-29-2008, 11:50 AM

Quote:

Originally Posted by KGunner

I'm a conservative, just not a Republican. Much like you may be a liberal, but not necessarily a Democrat (I don't know what you are, but for arguments sake).

Well, I'm a registered Democrat, KGunner. But that doesn't mean I'm a True Believer. I'm just trying to singlehandedly restore a little balance to the two-party system...

I was reading a little about this proposal this morning. Interestingly enough, while increasing the power of the Federal Reserve to intervene in many financial areas, it looks like it would actually reduce the power of the government to regulate the stock market for fraud and abuse, by eliminating the Securities and Exchange Commission and the Commodity Futures Trading Commission and creating a new Commission with weaker powers.

03-28-2008, 09:32 PM	#1
Pred Banned Join Date: Aug 2005 Location: Kentucky Posts: 3,873 Trader Rating: (0)	Treasury’s Plan Would Give Fed Wide New Power The New York Times > Log In

03-28-2008, 10:30 PM	#3
Rave Senior Member Join Date: Mar 2002 Location: Tampa Posts: 6,735 Trader Rating: (0)	Just what we need,MORE gummint power! __________________ USAF '62-'66 .

03-29-2008, 01:14 AM	#4
troy2000 Resident Armed Liberal Join Date: Dec 2004 Location: Southern California Posts: 8,909 Trader Rating: (0)	Ah, yes...today's Republican Party. Conservative bastion of limited government, states' rights, fiscal restraint and responsibility, and all that other good stuff. And you guys wonder why I'd rather be called a liberal? __________________ If a million people say a foolish thing, it is still a foolish thing. -Anatole France Last edited by troy2000; 03-29-2008 at 01:18 AM.

03-28-2008, 09:59 PM	#2
KGunner Senior Member Join Date: Dec 2007 Location: Fort Collins, CO Posts: 422 Trader Rating: (0)	Thats a good idea...give the government MORE power to attempt to fix problems they created. I think it is time state government are allowed more power and we go back to the way it was in 1787.

03-29-2008, 04:26 AM	#5
KGunner Senior Member Join Date: Dec 2007 Location: Fort Collins, CO Posts: 422 Trader Rating: (0)	I'm a conservative, just not a Republican. Much like you may be a liberal, but not necessarily a Democrat (I don't know what you are, but for arguments sake).