Obamarama - daily discussion on our 44th president
03-25-2009, 11:58 AM
#948
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U.S. Seeks Expanded Power to Seize Firms
Barry Chavez?
Barry Chavez?
The Obama administration is considering asking Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers, investment firms and hedge funds, whose collapse would damage the broader economy, according to an administration document.
The government at present has the authority to seize only banks
The government at present has the authority to seize only banks
03-31-2009, 11:37 AM
#949
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Obama, the nation's CEO.
“He’s realizing, ‘Hey, the economy’s mine now, and I better do it my way,’” said the official. “So the administration is collaring people and letting them know who’s in charge. The days of saying, ‘It’s not our economy’ have come to an end.”
An Obama administration official said the president’s hard-nosed approach will continue. “We’re not going to reward failure,” the official said. “We’re in an economic crisis, which takes shared responsibility and shared sacrifice. The only way that we will recover is if everybody puts a little skin in the game.”
An Obama administration official said the president’s hard-nosed approach will continue. “We’re not going to reward failure,” the official said. “We’re in an economic crisis, which takes shared responsibility and shared sacrifice. The only way that we will recover is if everybody puts a little skin in the game.”
04-01-2009, 11:53 AM
#950
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Big Government to set your salary
The new legislation, the "Pay for Performance Act of 2009," would impose government controls on the pay of all employees -- not just top executives -- of companies that have received a capital investment from the U.S. government. It would, like the tax measure, be retroactive, changing the terms of compensation agreements already in place. And it would give Treasury Secretary Timothy Geithner extraordinary power to determine the pay of thousands of employees of American companies.
04-01-2009, 12:29 PM
#951
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it also sounds like a bit of a witch hunt.
"This bill will show which Republicans are so much on the take from the financial services industry that they're willing to actually bless compensation that has no bearing on performance and is excessive and unreasonable," Grayson said. "We'll find out who are the people who understand that the public's money needs to be protected, and who are the people who simply want to suck up to their patrons on Wall Street."
04-01-2009, 03:32 PM
#952
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It wouldn't surprise me though if the only salaries look at were bloated executive salaries.
05-14-2009, 12:55 PM
#953
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Barry Barry...he's our man...if can't do it...oh wai....
Obama Considers Detaining Terror Suspects Indefinitely
Obama Considers Detaining Terror Suspects Indefinitely
WASHINGTON -- The Obama administration is weighing plans to detain some terror suspects on U.S. soil -- indefinitely and without trial -- as part of a plan to retool military commission trials that were conducted for prisoners held in Guantanamo Bay, Cuba.
The proposal being floated with members of Congress is another indication of President Barack Obama's struggles to establish his counter-terrorism policies, balancing security concerns against attempts to alter Bush-administration practices he has harshly criticized.
The proposal being floated with members of Congress is another indication of President Barack Obama's struggles to establish his counter-terrorism policies, balancing security concerns against attempts to alter Bush-administration practices he has harshly criticized.
05-15-2009, 02:48 PM
#955
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Barry Barry...he's our man...if can't do it...oh wai....
Obama Considers Detaining Terror Suspects Indefinitely
Obama Considers Detaining Terror Suspects Indefinitely
05-15-2009, 02:57 PM
#956
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Hello, my fellow americans, well, um, here we have it, um, the point of my presidency where I, um, my fellow americans, take over everything.
you should have voted for the other guy, mwuahahahahahaa
this message has been approved by the Obama administration.
you should have voted for the other guy, mwuahahahahahaa
this message has been approved by the Obama administration.
05-15-2009, 03:03 PM
#957
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The bad thing is that it opens the door for the government to further there grasp on the economy.
05-20-2009, 11:16 AM
#958
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What about the companies that are willing to repay the bailout & Barry's Boys are telling them no?
05-20-2009, 11:18 AM
#959
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Senate Democrats won't fund Gitmo closing for now
WASHINGTON – President Barack Obama's allies in the Senate will not provide funds to close the Guantanamo Bay prison until the administration comes up with a satisfactory plan for transferring the detainees held there, top Democrats said Tuesday. And in a further break with Obama, the Senate's top Democrat said he opposes transferring any Guantanamo prisoners to the United States for their trials or to serve their sentences. Secretary of Defense Robert Gates has said 50 to 100 Guantanamo detainees may be transferred to U.S. facilities.
"I can't make it any more clear," Reid said. "We will never allow terrorists to be released in the United States."
"I can't make it any more clear," Reid said. "We will never allow terrorists to be released in the United States."