ignoring the crooks on Wall Street Issues Beyond Palo Alto, posted by Ted Rudow III,MA, a member of the Palo Alto High School community, on Jan 31, 2011 at 11:17 am
Daniel Issa is about to head up a 'Witch hunt' against Obama. Issa as the incoming Republican Chairman of the House Oversight Committee vows to get President Obama. He even calls Obama one of the most corrupt presidents. Already cocked and loaded with subpoena power and some 208 'hearings' scheduled to investigate Stimulus Corruption, BP, Obama's Czars,Issa, vows to get President Obama. He even calls Obama one of the most corrupt presidents, So, Issa will spend his time ignoring the crooks on Wall Street and the-on going wars which have spent trillions. Richard Nixon, as a member of the House Un-American Activities Committee, received national attention for his hostile questioning of Alger Hiss. In 1950 he was elected to the Senate following a bitter campaign in which he unfairly portrayed his opponent as a communist sympathizer; the epithet "Tricky Dick" dates from this period. They wouldn't listen to us about Nixon and his perfidy, but now he is exposed and deposed!
Posted by anonymous, a resident of Menlo Park, on Jan 31, 2011 at 12:50 pm
There is no fraud on Wall Street. The business of America is business. Jobs and economy be damned.
Ignore the man behind the curtain. Darrell Issa (not daniel) spent a couple million to recall Davis, and all he got was a lousy Arnold tee shirt.
from Wiki: Following the 2010 elections, Issa sent a letter to "more than 150 trade associations, companies and think tanks," including "the oil industry, drug manufacturers and other trade groups and companies" asking them "to tell him which Obama administration regulations to target" in the upcoming Congress.... Elijah Cummings, the ranking member of the House Committee on Oversight and Government Reform, said Issa's letters were tantamount to “inviting businesses to tell us what they want us to do as opposed to protecting the American people.”
The 'Murican people don't need protection from big bidness!
Posted by Walter_E_Wallis, a resident of the Midtown neighborhood, on Jan 31, 2011 at 10:04 pm Walter_E_Wallis is a member (registered user) of Palo Alto Online
Wall Street, as well as almost every other business, needs representation in Washington. Since Obama has invited himself into the board rooms, business has joined the political wars. I wouldn't have it any other way.
Posted by Anon., a resident of the Crescent Park neighborhood, on Feb 1, 2011 at 3:46 am
Thought I was and am very sorry to see the American people embracing the Republicans and the TEA party, at this point ... Obama seems to have cut the American people free, so I'm cutting him free. He gets nothing from me anymore. I'm not going to worry about anything that happens to him or anyone who is going to give him a hard time in government. President Obama's not doing his job, he's not doing what he said he would do, he is making bad decisions, and it bugs me that just the other day he mentioned "clean coal" again. This guy is selling the country down the river, so the more difficulty he has the better, the less likely he is to get re-elected, and maybe we will get a real Democrat to vote for next time.
WEW ... business started the political wars in case you missed that.
Posted by Perspective, a resident of the Meadow Park neighborhood, on Feb 1, 2011 at 7:38 am
ignoring the crooks on Wall Street? You mean, the ones who followed the laws? You mean, the ones who did their jobs, which were to increase their shareholders' value of stock? Those crooks?
Maybe you misspoke, maybe you meant the crooks in government who profited off of bad laws ( as always, laws with "good intentions", God save us from "good intentions"). Might want to check out who in our government was on which Boards when they were passing those laws.
What did Reagan say? Something like "The scariest sentence in our language is "Hi, I am here from the government and I am here to help you."
Get the government out of choosing winners ( always government employees) and losers ( us).
I am delighted with Issa...The Repubs keep this up, they will will become a one-party rule again..but hopefully THEY learn from history and don't regress away from the goal of smaller, constitutional government. This is what lost the Repubs power in 2006 and the last vestige of power for RINOs ( thankfully..) in 2008.
Now, maybe we can fix the course of the Titanic before it hits that iceberg.
Posted by anonymous, a resident of Menlo Park, on Feb 1, 2011 at 10:10 am
"What did Reagan say? Something like "The scariest sentence in our language is "Hi, I am here from the government and I am here to help you." "
"The Repubs keep this up, they will will become a one-party rule again..but hopefully THEY learn from history and don't regress away from the goal of smaller, constitutional government."
Key word: "hopefully". Quite the optimist.
When have Republicans reduced the size of the federal government? Who was the last one? Ford?!?
You defer to Reagan. Ronnie came in saying he would eliminate the Dept of Education, but ended by doubling it's budget. No worries there, because The Sainted One actually tripled the national debt during his two terms.
Of course, Ronnie chose Bill "book of virtues" Bennett to dismantle the ED, but Virtuous Billy B was too busy losing millions at video poker machines in Vegas.
So the Obama haters above don't remember history very well: Ronnie tripled the national debt, and the doubler, er, Dubya, somewhat true to the moniker, DOUBLED it again.
Last president to significantly cut the size of government and turn deficit to SURPLUS? ol' Slick Willy himself, William Jefferson Clinton.
Yeah, I miss ol' Ronnie, but not the Ronnie that had all the tax INCREASES, including the largest middle class tax hike in history, doubling the payroll tax, in 1983. Or the business tax hike in 82. Or the energy tax hike in 84. And on and on. (from Forbes) Web Link
And I miss the commercials from Ronnie: Web Link Socialized medicine? Any republican politician want to say the same today? In their last speech before losing their office?
Beware the tea bagger sign: "git yer guvmmint hands off my medicare and my social security"
Posted by Anon., a resident of the Crescent Park neighborhood, on Feb 1, 2011 at 10:26 am
Reagan was a patsy. An old man who was told what to say and deceived. When he realized what was happening at least he had the good sense to reverse some of it. The good thing about Reagan was that underneath he was a solid American with moral underpinning, he just did not have the brains or mental power to see he was being manipulated.
This country will not be better off with corporations in charge, and the nature of reality itself is warped when the corporations have to spend so much money to constantly lie and mislead people. The idea that the American people can know what to do based on marginally funny down-home slogans like Reagan used to deliver like the lines in his movies.
Posted by anonymous, a resident of Menlo Park, on Feb 1, 2011 at 11:24 am
"This country will not be better off with corporations in charge..."
Too late. Want proof?
"Big Oil giant Exxon Mobil, which last year reported a record $45.2 billion profit, paid the most taxes of any corporation, but none of it went to the IRS:
Exxon tries to limit the tax pain with the help of 20 wholly owned subsidiaries domiciled in the Bahamas, Bermuda and the Cayman Islands that (legally) shelter the cash flow from operations in the likes of Angola, Azerbaijan and Abu Dhabi. No wonder that of $15 billion in income taxes last year, Exxon paid none of it to Uncle Sam, and has tens of billions in earnings permanently reinvested overseas."
and how about "liberal" GE, owner of "liberal" NBC and MSNBC?
"The most egregious example is General Electric. Last year the conglomerate generated $10.3 billion in pretax income, but ended up owing nothing to Uncle Sam. In fact, it recorded a tax benefit of $1.1 billion. "