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	<title>Comments on: Tactical Error: Health Care vs Finance Regulatory Reform</title>
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	<link>http://www.ritholtz.com/blog/2009/09/finance-reform-vs-health-care-reform/</link>
	<description>Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media</description>
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		<title>By: Is the WH Finally Taking Regulatory Reform Seriously? &#124; The Big Picture</title>
		<link>http://www.ritholtz.com/blog/2009/09/finance-reform-vs-health-care-reform/comment-page-3/#comment-227151</link>
		<dc:creator>Is the WH Finally Taking Regulatory Reform Seriously? &#124; The Big Picture</dc:creator>
		<pubDate>Mon, 19 Oct 2009 11:12:28 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=37768#comment-227151</guid>
		<description>[...] Tactical Error: Health Care vs Finance Regulatory Reform (September 9th, 2009) [...]</description>
		<content:encoded><![CDATA[<p>[...] Tactical Error: Health Care vs Finance Regulatory Reform (September 9th, 2009) [...]</p>
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		<title>By: Deus Ex Macchiato &#187; One of the many reasons I am depressed</title>
		<link>http://www.ritholtz.com/blog/2009/09/finance-reform-vs-health-care-reform/comment-page-3/#comment-219724</link>
		<dc:creator>Deus Ex Macchiato &#187; One of the many reasons I am depressed</dc:creator>
		<pubDate>Sun, 27 Sep 2009 09:25:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=37768#comment-219724</guid>
		<description>[...] Barry Ritholtz writes: I believe the brain trust behind the Obama White House has made a huge tactical error. [...]</description>
		<content:encoded><![CDATA[<p>[...] Barry Ritholtz writes: I believe the brain trust behind the Obama White House has made a huge tactical error. [...]</p>
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		<title>By: engineerd1</title>
		<link>http://www.ritholtz.com/blog/2009/09/finance-reform-vs-health-care-reform/comment-page-3/#comment-214958</link>
		<dc:creator>engineerd1</dc:creator>
		<pubDate>Sat, 12 Sep 2009 21:57:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=37768#comment-214958</guid>
		<description>If we didn&#039;t have phoney mortages aided, abetted, and promoted by regulators, would we be in the same financial crisis?    If not, then the to use the crisis as an excuse to usher in a bunch of pet reforms is bogus.   If these reforms, which I admitedly do not understand, will make markets more open and efficient, then I am for them.   If they are simply going to empower a new army of morons to man the maginot line to fight the last war, then been there, etc....  

Differences between parties?   Well, maybe not a lot if you want you really want is revolution of the proletariat, as some here seem to seek, but some difference.... if there is a difference between Scalia and Ginsberg that is.   Those who say there is no difference between the parties live in a parellel universe and should be handled with kid gloves.   

Although my income is surely low in the audience represented here, I simply have no capacity, or gene, or whatever it takes to resent or envy or criticize the money that other people legally make.    Until they make it by taking it from me under the threat of force.... can we think of any examples of this?  Oh yeah, I don&#039;t have to worry because I don&#039;t make 250 grand.  Forgot.</description>
		<content:encoded><![CDATA[<p>If we didn&#8217;t have phoney mortages aided, abetted, and promoted by regulators, would we be in the same financial crisis?    If not, then the to use the crisis as an excuse to usher in a bunch of pet reforms is bogus.   If these reforms, which I admitedly do not understand, will make markets more open and efficient, then I am for them.   If they are simply going to empower a new army of morons to man the maginot line to fight the last war, then been there, etc&#8230;.  </p>
<p>Differences between parties?   Well, maybe not a lot if you want you really want is revolution of the proletariat, as some here seem to seek, but some difference&#8230;. if there is a difference between Scalia and Ginsberg that is.   Those who say there is no difference between the parties live in a parellel universe and should be handled with kid gloves.   </p>
<p>Although my income is surely low in the audience represented here, I simply have no capacity, or gene, or whatever it takes to resent or envy or criticize the money that other people legally make.    Until they make it by taking it from me under the threat of force&#8230;. can we think of any examples of this?  Oh yeah, I don&#8217;t have to worry because I don&#8217;t make 250 grand.  Forgot.</p>
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		<title>By: I agree with him&#8230; &#124; The League of Ordinary Gentlemen</title>
		<link>http://www.ritholtz.com/blog/2009/09/finance-reform-vs-health-care-reform/comment-page-3/#comment-214592</link>
		<dc:creator>I agree with him&#8230; &#124; The League of Ordinary Gentlemen</dc:creator>
		<pubDate>Fri, 11 Sep 2009 18:35:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=37768#comment-214592</guid>
		<description>[...] Barry Ritholtz has an interesting post suggesting that the Democrats made a significant tactical error in pursuing health care reform before pursuing financial regulatory reform:There was widespread popular support for a full reform of finance. What the White House should have pursued was: 1) Reinstatement of Glass Steagall; 2) Repeal the Commodity Futures Modernization Act; 3) Overturning SEC Bear Stearn exemption allowing 5 biggest firms to leverage up far beyond 12 to one; 4) Regulating the non bank sub-prime lenders; 5) Continuing high risk trades to be compensated regardless of profitibility; 6)  Mandating (and enforcing) lending standards, etc. All of this could have been accomplished in the first 6 months of the Obama administration. The consumer protection stuff could have been tossed in as well, though it was not the cause of the collapse. [...]</description>
		<content:encoded><![CDATA[<p>[...] Barry Ritholtz has an interesting post suggesting that the Democrats made a significant tactical error in pursuing health care reform before pursuing financial regulatory reform:There was widespread popular support for a full reform of finance. What the White House should have pursued was: 1) Reinstatement of Glass Steagall; 2) Repeal the Commodity Futures Modernization Act; 3) Overturning SEC Bear Stearn exemption allowing 5 biggest firms to leverage up far beyond 12 to one; 4) Regulating the non bank sub-prime lenders; 5) Continuing high risk trades to be compensated regardless of profitibility; 6)  Mandating (and enforcing) lending standards, etc. All of this could have been accomplished in the first 6 months of the Obama administration. The consumer protection stuff could have been tossed in as well, though it was not the cause of the collapse. [...]</p>
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		<title>By: Baby Bush: The Worst President in History? &#124; The Big Picture</title>
		<link>http://www.ritholtz.com/blog/2009/09/finance-reform-vs-health-care-reform/comment-page-3/#comment-214375</link>
		<dc:creator>Baby Bush: The Worst President in History? &#124; The Big Picture</dc:creator>
		<pubDate>Fri, 11 Sep 2009 13:04:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=37768#comment-214375</guid>
		<description>[...] our recent discussion of the Obama White House tactical errors, and the anniversary of 9/11, I thought this was as good a time as any to share Doug&#8217;s [...]</description>
		<content:encoded><![CDATA[<p>[...] our recent discussion of the Obama White House tactical errors, and the anniversary of 9/11, I thought this was as good a time as any to share Doug&#8217;s [...]</p>
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		<title>By: Tactical Error: Health Care vs Finance Regulatory Reform &#8211; Coldstreams Business and Economy</title>
		<link>http://www.ritholtz.com/blog/2009/09/finance-reform-vs-health-care-reform/comment-page-3/#comment-214174</link>
		<dc:creator>Tactical Error: Health Care vs Finance Regulatory Reform &#8211; Coldstreams Business and Economy</dc:creator>
		<pubDate>Thu, 10 Sep 2009 21:44:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=37768#comment-214174</guid>
		<description>[...] via Tactical Error: Health Care vs Finance Regulatory Reform &#124; The Big Picture. [...]</description>
		<content:encoded><![CDATA[<p>[...] via Tactical Error: Health Care vs Finance Regulatory Reform | The Big Picture. [...]</p>
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		<title>By: Walt</title>
		<link>http://www.ritholtz.com/blog/2009/09/finance-reform-vs-health-care-reform/comment-page-3/#comment-213967</link>
		<dc:creator>Walt</dc:creator>
		<pubDate>Thu, 10 Sep 2009 14:39:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=37768#comment-213967</guid>
		<description>I&#039;m afraid I&#039;m inclined to agree with Mark E Hoffer.

It&#039;s one of the older stories out there, follow the money if you want to know who&#039;s really making the decisions.

The uninterrupted continuity of how the financial industry has been treated by first the Bush Admin and then the Obama one to me makes it perfectly clear that the whole two party system is a sham when it comes to dealing with Wall Street.  

Republican vs Democrat is puppet theater to distract the masses.  Choose what&#039;s in my right hand and I&#039;ll give Wall Street whatever they want...  or choose what&#039;s in my left hand and I&#039;ll give Wall Street whatever they want...  hurry, and choose,  it&#039;s the most important choice we&#039;ll ever let you make.  

As long as the can keep the left and the right arguing among themselves the Kleptocracy can continue to funnel money from the masses into their own pockets (be they politician or bankster).  Simple divide and conquer, and it&#039;s still working like a charm.

I don&#039;t think Obama has missed the opportunity to reign in Wall Street, I don&#039;t think he (or McCain, or any other politician out there) has any intention of doing anything of the kind.    Washington and Wall Street are the co-dependent parasites feeding off the populace, expecting one to discipline the other is as wishful thinking as the laughable &quot;Wall Street will regulate itself nonsense we&#039;ve been fed&quot;.</description>
		<content:encoded><![CDATA[<p>I&#8217;m afraid I&#8217;m inclined to agree with Mark E Hoffer.</p>
<p>It&#8217;s one of the older stories out there, follow the money if you want to know who&#8217;s really making the decisions.</p>
<p>The uninterrupted continuity of how the financial industry has been treated by first the Bush Admin and then the Obama one to me makes it perfectly clear that the whole two party system is a sham when it comes to dealing with Wall Street.  </p>
<p>Republican vs Democrat is puppet theater to distract the masses.  Choose what&#8217;s in my right hand and I&#8217;ll give Wall Street whatever they want&#8230;  or choose what&#8217;s in my left hand and I&#8217;ll give Wall Street whatever they want&#8230;  hurry, and choose,  it&#8217;s the most important choice we&#8217;ll ever let you make.  </p>
<p>As long as the can keep the left and the right arguing among themselves the Kleptocracy can continue to funnel money from the masses into their own pockets (be they politician or bankster).  Simple divide and conquer, and it&#8217;s still working like a charm.</p>
<p>I don&#8217;t think Obama has missed the opportunity to reign in Wall Street, I don&#8217;t think he (or McCain, or any other politician out there) has any intention of doing anything of the kind.    Washington and Wall Street are the co-dependent parasites feeding off the populace, expecting one to discipline the other is as wishful thinking as the laughable &#8220;Wall Street will regulate itself nonsense we&#8217;ve been fed&#8221;.</p>
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		<title>By: DeDude</title>
		<link>http://www.ritholtz.com/blog/2009/09/finance-reform-vs-health-care-reform/comment-page-3/#comment-213955</link>
		<dc:creator>DeDude</dc:creator>
		<pubDate>Thu, 10 Sep 2009 14:03:09 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=37768#comment-213955</guid>
		<description>madman130; 

Newsflash 1; this country has been broke since Reagan’s second term and has somewhat managed to continue anyway.  

Newsflash 2; there is a heck of a lot of difference between wasting over a trillion on a unnecessary war and spending less than 100 billion per year on giving this country a modern health care system.  We are talking about less than 20% of our absurdly overblown military budget.

Newflash 3; the stimulus has stopped the free fall and stabilized housing and car industry.  It also has prevented the current great ressesion from following the disasterous path into depression that it was headed for.  I know you don’t believe your own lying eyes, and it would somehow magically have occurred anyway without intervention.  Classic neocon; never let facts get in the way of ideology and preconcieved conclusions.  

Newsflash 4; the thing that makes Obama and his team smarter is that they build their actions on facts and historical experience, rather than just pulling them out of some ideologically distorted dumb a$$.  So they have a much better chance of getting it right, than the previous neocon administration.</description>
		<content:encoded><![CDATA[<p>madman130; </p>
<p>Newsflash 1; this country has been broke since Reagan’s second term and has somewhat managed to continue anyway.  </p>
<p>Newsflash 2; there is a heck of a lot of difference between wasting over a trillion on a unnecessary war and spending less than 100 billion per year on giving this country a modern health care system.  We are talking about less than 20% of our absurdly overblown military budget.</p>
<p>Newflash 3; the stimulus has stopped the free fall and stabilized housing and car industry.  It also has prevented the current great ressesion from following the disasterous path into depression that it was headed for.  I know you don’t believe your own lying eyes, and it would somehow magically have occurred anyway without intervention.  Classic neocon; never let facts get in the way of ideology and preconcieved conclusions.  </p>
<p>Newsflash 4; the thing that makes Obama and his team smarter is that they build their actions on facts and historical experience, rather than just pulling them out of some ideologically distorted dumb a$$.  So they have a much better chance of getting it right, than the previous neocon administration.</p>
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		<title>By: DeDude</title>
		<link>http://www.ritholtz.com/blog/2009/09/finance-reform-vs-health-care-reform/comment-page-3/#comment-213954</link>
		<dc:creator>DeDude</dc:creator>
		<pubDate>Thu, 10 Sep 2009 14:02:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=37768#comment-213954</guid>
		<description>Christopher; the shills are those who refuse to acknowledge that there are differences between GOPsters and Democrats.  That is one of the myths that Wall Street is trying to disperse.  Because with no difference, then you may as well vote for the party that won’t raise your taxes (wink, wink).  And with the GOPsters in charge you get bancrypcy reform that allows the banksters to enslave middle class people who get in over their heads (the rich still have their usual outs).  You may remember that without the democrats holding out, even people with below median income would have been trapped as bankster slaves if they had a medical or jobloss emergency that forced them into bancrupcy.  

I have no problem with people pointing out problems with the Obama and the democrats, as long as they recognize that in our current democracy you need every single blue dog democrat independent and one GOPster in the senate to pass a new law.  Any spoiled little brad stamping his feet and demanding that they do this or that, has to explain how they get to 60 senators, before he/she can be taken serious.  All that BS about competence and action needs a specific outline of how you get around a GOP senator group who is united in their one and only goal of sinking the country so Obama wont get a second term.  

Anybody who looks at bancrupcy reform and consumer protecition against credit card traps (and other abuse by banksters) can see that there is a difference between the two parties.  If people are still saying that there is no difference, then they are simply shilling for those banksters on Wall Street.</description>
		<content:encoded><![CDATA[<p>Christopher; the shills are those who refuse to acknowledge that there are differences between GOPsters and Democrats.  That is one of the myths that Wall Street is trying to disperse.  Because with no difference, then you may as well vote for the party that won’t raise your taxes (wink, wink).  And with the GOPsters in charge you get bancrypcy reform that allows the banksters to enslave middle class people who get in over their heads (the rich still have their usual outs).  You may remember that without the democrats holding out, even people with below median income would have been trapped as bankster slaves if they had a medical or jobloss emergency that forced them into bancrupcy.  </p>
<p>I have no problem with people pointing out problems with the Obama and the democrats, as long as they recognize that in our current democracy you need every single blue dog democrat independent and one GOPster in the senate to pass a new law.  Any spoiled little brad stamping his feet and demanding that they do this or that, has to explain how they get to 60 senators, before he/she can be taken serious.  All that BS about competence and action needs a specific outline of how you get around a GOP senator group who is united in their one and only goal of sinking the country so Obama wont get a second term.  </p>
<p>Anybody who looks at bancrupcy reform and consumer protecition against credit card traps (and other abuse by banksters) can see that there is a difference between the two parties.  If people are still saying that there is no difference, then they are simply shilling for those banksters on Wall Street.</p>
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		<title>By: Greg0658</title>
		<link>http://www.ritholtz.com/blog/2009/09/finance-reform-vs-health-care-reform/comment-page-3/#comment-213951</link>
		<dc:creator>Greg0658</dc:creator>
		<pubDate>Thu, 10 Sep 2009 13:58:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=37768#comment-213951</guid>
		<description>my business, building, van, cycle are insured .. I&#039;m trying ... I know / the system needs more .. I understand .. this post is so youall know / understand .... I see the GOP pov . pay to play (pay to live) .. if you can&#039;t play / your on your own .. cause its a jungle out there</description>
		<content:encoded><![CDATA[<p>my business, building, van, cycle are insured .. I&#8217;m trying &#8230; I know / the system needs more .. I understand .. this post is so youall know / understand &#8230;. I see the GOP pov . pay to play (pay to live) .. if you can&#8217;t play / your on your own .. cause its a jungle out there</p>
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