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Only trouble is, I doubt you have six years now.  Besides, Obama could have put the banks into receivership without waiting for Congress.
by tjbuff (timhess@adelphia.net) on Mon May 18th, 2009 at 09:19:43 AM EST
[ Parent ]
tjbuff:
Obama could have put the banks into receivership without waiting for Congress
The FDIC is on a steady diet of up to 4 failed banks per week...

The brainless should not be in banking. — Willem Buitler
by Migeru (migeru at eurotrib dot com) on Mon May 18th, 2009 at 09:22:25 AM EST
[ Parent ]
Let's not forget OTS. Newspapers haven't. Like butter: Squeezed between the trustee's sales (e.g. what's left of print classified sales, 15pp solid, WaPo, 13 May) you may spot public notice of seizure addressed to creditors.

Diversity is the key to economic and political evolution.
by Cat on Tue May 19th, 2009 at 12:41:35 AM EST
[ Parent ]
That is a problem, but you do what you can do.

What Obama could have done without waiting for the House is neither here nor there ... he is, after all, another Hedge Fund Democrat, and he won't go beyond the conventional wisdom without being pushed.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Mon May 18th, 2009 at 10:10:46 AM EST
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