cytotec generic href=”http://www.washingtonpost.com/wp-dyn/content/opinions/tomtoles/index.html?name=Toles&date=06092009&referrer=emaillink”>buy cialis online title=”image” style=”border-right: Buy Cialis online 0px; border-top: buy cialis cialis 0px; display: inline; margin: buy cialis pills Soft”>Kamagra Soft 0px 10px 0px 0px; border-left: 0px; border-bottom: 0px” height=”213″ alt=”image” src=”http://roylat.com/wp-content/uploads/2009/06/image10.png” width=”250″ align=”left” levaquin antibiotic border=”0″ /> A piece I came across today brings up again Obama’s continued failure to stand up against the investment banks and firms.
Apparently, he truly believes that the well-being of our country
depends on the prosperity Kamagra buy cheap amoxicillin of the big financial viagra for women online institutions generic Cialis online drugs online – reminiscent of an earlier era when Charlie Wilson, Secretary of Defense under Eisenhower, declared that what was good for GM was good for the country. Perhaps amoxil online less apparently, Obama feels that it is politically inexpedient or impractical to what is cialis cross the biggest political Cialis donors in the Kamagra country. Either way, it is not good news for our country.
I and many other informed, intelligent people believe that the outsized financial sector, with it concomitant political brand viagra power, is a major source of the downward course of our country – a trajectory that Buy Propecia began long before the current catastrophe (at least for those who have been caught in the wheels of the financial implosion).
Here’s excerpts fro the piece on Tech Ticker that caught my attention, together with a link to the video on which it is based and to the full article:
Another Missed Opportunity: Obama Retreats on Wall St. Compensation
Posted Jun 10, 2009 10:18am EDT by Aaron nolvadex online Task in Newsmakers, Banking
News the Obama administration plans to back away from dictating compensation for all of Wall Street is a victory for those who worry about overzealous government meddling and buy vardenafil levitra brand 20 mg the dangers of wage controls.
But it’s also another missed opportunity by the administration to take advantage of the crisis to materially change behavior on Wall Street, which is becoming something of a hallmark of the Obama administration.
Obama’s Chief of Staff Rahm Emanuel has said "you generic amoxil never want can you buy viagra in stores | buy cialis brand | levitra drugs a serious crisis to go to waste," but that’s exactly what’s happening when it propecia price comes to the issue of reforming buyviagra Wall Street.
…
viagra online title=”image” style=”border-right: 0px; border-top: 0px; display: inline; margin: 0px 10px 0px 0px; border-left: generic amoxil 0px; border-bottom: 0px” height=”222″ alt=”image” src=”http://roylat.com/wp-content/uploads/2009/06/image9.png” width=”244″ align=”left” border=”0″ />This backtrack on compensation reform should not be viewed as a one-off event but as part of a pattern of behavior from generic levitra price the new president.
From day one in office (even during the post-election transition), Obama has talked tough about changing the culture of Wall Street and railed against excessive greed and egregious pay packages. But talk is cheap and his actions tell a different story:
- Most notably when it came cheap buy ampicillin to the TARP cheap levitra generic program, the Obama administration has maintained the policies of its predecessor. Even avid Obama supporters like George Soros diflucan and Paul Krugman expressed levitra cost frustration with this missed opportunity to hit the "restart" buy lasix button on how the government deals with struggling financial firms.
- Under the guise of preventing "systemic risk", counterparties to Wall Street firms, even those surviving on government bailouts, were made whole via TARP funds.
That’s in purchase viagra online href=”http://beautifulsummermorning.com/images/”>Online Viagra buy buy real viagra without prescription stark contrast to how the automakers’ creditors Brand Cialis were treated. Similarly, the Obama team hid behind the "sanctity of contract law" amid the uproar over AIG bonuses but felt no compunction in redoing contracts between Chrysler, GM and their creditors; in the process, the administration overturned the way secured vs.
unsecured creditors have historically been treated in bankruptcies.
- After a lot of proposals about how to reregulate Wall Street, including discussions about creating generic kamagra a new uber-regulator ampicillin buy online and/or merging Online Viagra Shops some existing regulators, the administration has backed away from the reform agenda, Silagra "suggesting the current alphabet-soup buy cialis professional buy cialis jelly of regulators will remain mostly intact," The Wall Street Journal reported. Most notably, the push to regulate derivatives has slowed, which critics say is the result of heavy lobbying by the industry’s largest player, JPMorgan. (As an aside, I’d much rather see the government focus on getting the right regulatory regime and let Wall Street firms do what they want on compensation within those confines.)
With big Levitra Online banks repaying TARP funds and the market in rally mode, the acute stage of the crisis appears over and the zeal Cialis buy amoxil for sale to reform Wall Street is fading. But if the regulatory regime remains largely unchanged buy propecia cheap and bonuses restrictions only apply to a handful of firms still under TARP, what’s really changed after all the sturm and drang
?
Anyone out there who believes the industry’s "near-death experience" last Buy Cialis Super Active+ Online Pharmacy No Prescription Needed fall and nine months in the government penalty box is going to materially ampicillin buy change the culture and (more importantly) the actions of those on Wall Street, please raise your hand. I have a bridge I’d like to sell you….
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