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  1. #1
    LegalSmash is offline
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    Geithner wants POWA

    http://news.yahoo.com/s/ap/20090324/...nanke_geithner
    Geithner is hoping, wishing, and prayin' for more power over the regulation of financial giants.

    While I have no problem with the fed setting standards, guidelines, and goals for companies that are on the public dollar like these retards, I wonder how far these powers would go, either purposefully or accidentally... thoughts?

  2. #2
    PotshotPolka is offline
    Still a Lazy Gamer
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    Beyond the blow-hard fight the government crock, it only makes sense that if government pumps out more programs, it needs more laws to enable them.
    Still begs the question of why the bailout was thought to be necessary if you look back to your macro-eco class and look at the undeniable fact that SRAS will always fluctuate, and will always work its way back to the LRAS.
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