Sorry I ranted Chet, but anything like that is set up. I went to one of the so call town hall meeting of another administration (B.C.) and all questions are summitted ahead of time. They don't want a smart kid or adult hitting them with a hardball question or even a sofball they are not prepaired to answer because it could become larger then life in the news.. I have no doubt he knew what he was going to do and how it would look to many. It's all politics. They probably even like the girls name being Kennedy.

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The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government.

Thomas Jefferson

Me too.

Well I for one am rooting for Obama. I had told my son the day of the president coming from modest means is long gone and that you have to be worth a fortune to become president today. Well I was wrong plus if he fails big you will never see a president of color for a couple of 100 years. So I think the guy has the weight of the world on his shoulders and am rooting for him to do a great job. I mean he is only in there a few months no one could have fixed this disaster overnight.

Soviet leaders argued that one party rule was necessary because it ensured that 'capitalist exploitation' would not return to the Soviet Union and that the principles of Democratic Centralism would represent the people's will. Debate over the future of the economy provided the background for Soviet leaders to contend for power in the years after Lenin's death in 1924. By gradually consolidating his influence and isolating and out maneuvering his rivals within the party, Georgian Joseph Stalin became the leader of the Soviet Union by the end of the 1920s.

In 1928, Stalin introduced the First Five-Year Plan for building a socialist economy. While encompassing the internationalism expressed by Lenin throughout the course of the Revolution, it also aimed for building socialism in one country. In industry, the state assumed control over all existing enterprises and undertook an intensive program of industrialization; in agriculture collective farms were established all over the country.

And here we are taking over the Auto industry, many Banks in the Banking Industry, and now the Health Care industry are we as a people become neive to the past? Does History mean nothing and should just be forgoten.

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The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government.

Thomas Jefferson

I, too, am immune to His charm. At first it was a relief having a prez that
could speak english. And i thought He would behave himself long enough
to get re=elected. But, His World Wide Apology Tour '09 and His selection
for a replacement for Souter, is very troubling.

Beneath the charm, there is contempt for traditional values and, obviously
a need to fix blame, not for current events, but for past ones.

Don't get me wrong, the last guy was a disaster, I know.

I have no representation, that i can see.

just watch dis..

and everything will be better

http://www.youtube.com/watch?v=8na9Kyv6lW4

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2008 American Standard Fender Jazz Bass
Fender Bassman 250 Head
Fender Bassman 410
Fender Bassman 115
Fender Rumble 60

visit me at:
http://www.youtube.com/soohungry

Hi cvilleira: I'm not getting into the politics of the thing, but it so happens I visited the Soviet Union in the grim grey days of 1982, and other Soviet Bloc countries in the years before the Berlin Wall came down too.

I've also been visiting America regularly since my first time in 1974: I don't claim to know your country thoroughly (it's too big for that!), but I've had a good look-see.

Honestly, you need worry less! There's just no comparison: the USA is not about to turn into Soviet Russia, by a very, very long way!

I have much more faith in you all than that...

Cheers guys - C

The current Adminatrations policies are very socialist in matter slowly taking advantage of the hard times of the people.
Goverment control owned morgatges and banks, auto manufactures, healthcare system are all bottomeless pits for money. We here in the U.S.. pay Fed. income tax most states charge State income tax plus most places like where I live charge a piggyback tax. Ours is 55% what we pay state, + property tax. We also pay 6% sale tax on item here. Well just to let people no the adminstartion is now talking about adding another tax to people but its not common knowledge but has been being floated about. That tax is something many of our overseas members have and are aware of that is the VAT ( Value Added Tax ) because they have to pay for things some how. More programs we don't need. Just a way to let the Goverment control people and keep them down because they hand out needs.

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The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government.

Thomas Jefferson

Oh, man... not this again.

Big Jay, you are the only one who knows what he's talking about. And you're right... As for the people who think Obama's a socialist, obviously don't know the meaning of the term.

I myself worked in the financial field for 16 years and I saw all this coming. Especially in the last four years...

As for Obama "running the country into the ground...", it was already there, my friends. Sort of like becoming the new grounds keeper at a badly run down golf course and the guy before him leaves him a sickle and a garden trowel for repairs.

Will he fail?... I don't know, but if he does... then shall we all...

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"...The final truth is, there is no truth..." - (from "Nice n' Neat" by the Boomtown Rats)

i want to add something here , but , i really don't know what , it has all been very engaging , keep it going then ?

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you can save the world with your guitar one love song at a time it's just better, more fun, easier with a fender solid body electric guitar or electric bass guitar.

WW II is what brought us back from the depression the most capitalist making money off the war. Even before that I beleive the economy was growing at a rate of 10% in 35 There are no programs that the goverment runs that are not bottomless pits for money. The Goverment spending money don't help as much as people spending though. And Bigjay since you are into this stuff you know the reasons banks have fall is largly tied to this one bill that past at the end of the Clinton administration. We have been a regulated Republic Country not whats termerd a pure democracy or capitalist state. Quote

On November 4, 1999, Congress passed sweeping legislation that will dramatically reshape the financial services industry by removing barriers between banks, insurance companies, and investment firms which have existed since the Great Depression. President Clinton is expected to sign this historic legislation.

The purpose of this Update is to provide our clients and friends in the financial services industry with a broad overview of the Financial Services Modernization Act of 1999 (the "Act"). This Update will be followed by a series of more comprehensive analysis of the Act as it impacts on each segment of the financial services industry.

The Act's stated purpose is to enhance competition in the financial services industry by "providing a prudential framework for the affiliation of banks, securities firms, insurance companies, and other financial service providers, and for other purposes."

Overall highlights of the Act include the following:

Financial Affiliations


Eliminates many Federal and State legal barriers to affiliations among banks and securities firms, insurance companies, and other financial service providers, including provisions of the Bank Holding Company Act of 1956 and Section 20 of the Banking Act of 1933 (commonly referred to as the "Glass-Steagall Act"). Full affiliation can now occur between the entities.

Provides financial services organizations with flexibility in structuring new financial affiliations through a holding company structure, or a financial subsidiary (with certain limitations on activities and appropriate safeguards).

Establishes functional regulation for affiliated entities. Accordingly, banking activities will be regulated by banking regulators, securities activities will be regulated by securities regulators, and insurance activities will be regulated by insurance regulators. The Federal Reserve Board will serve as the umbrella supervisor for the holding companies themselves, and in certain cases may examine the functionally regulated subsidiaries.

Permits bank holding companies that qualify as Financial Holding Companies ("FHC") to engage in an expanded array of activities, and to acquire companies engaged in such activities, that are financial in nature, incidental to, or complementary to financial activities, subject to certain Federal Reserve Board restrictions. For example, the Act designates the following as permissible FHC activities: underwriting; dealing and market making without any revenue limitation (such as sponsoring and distributing all types of mutual funds); operating investment companies; insurance underwriting and agency activities; merchant banking; and insurance company portfolio investments.

Creates a new investment holding company structure under the Securities and Exchange Act.

Establishes a mechanism for coordination between the Federal Reserve Board and the Secretary of the Treasury ("the Secretary") regarding the approval of new financial activities for both holding companies and national bank financial subsidiaries.
Operation of State Law


Reaffirms the McCarran-Ferguson Act recognizing the primacy and legal authority of states to regulate insurance activities of all persons, including acting as the functional regulator for the insurance activities of federally chartered banks. The Act provides for thirteen general "safe harbor areas" for state insurance regulation. Regulation outside of these safe-harbor provisions is subject to the legal standard set forth in the United States Supreme Court decision in Barnett Bank v. Nelson, 517 U.S. 25 (1996).
Subsidiaries of National Banks


Financial subsidiaries of National Banks may engage only in "financial activities" (as described above), with four exceptions, in which case the activity must be done in FHC affiliates, these exceptions are for: (1) insurance or annuity underwriting; (2) insurance company portfolio investments; (3) real estate investment and development; and (4) merchant banking.
Brokers & Dealers


The Act repeals the general bank exemptions from the definition of broker and dealer under the Federal securities laws. Certain limited exemptions have been retained to facilitate activities in which banks have traditionally engaged.

The Act also requires the SEC to act by rulemaking prior to seeking to regulate any bank sales of newly developed hybrid products. Hybrid products are any product not identified in the Act as an "identified banking product."
Redomestication of Mutual Insurers


Allows for mutual insurance companies to redomesticate to another state and reorganize into a mutual holding company or stock company. This provision only applies to insurers in states which have not established reasonable terms and conditions for allowing mutual insurance companies to reorganize into a mutual holding company.
National Association of Registered Agents and Brokers


Provides for the creation of a uniform insurance agent and broker licensing system if a majority of the states do not establish uniform or reciprocal licensing laws of their own within three years.
The National Association of Insurance Commissioners and its member state insurance regulators have already undertaken steps to create such a uniform licensing system in order to avoid the creation of such a national association. Federal Home Loan Bank System


Eliminates the mandatory FHLBank membership for Federal savings associations. Small bank members are given expanded access to FHLBank advances.
ATM Fee Reform


Requires operators of ATMs who impose a fee for use of an ATM by a non-customer to post a notice on the machine and on the screen that a fee will be charged and the amount of the fee.
Community Reinvestment Act


Requires that Federal bank regulators prohibit banks from participating in the new financial affiliations if, at the time of certification, any bank affiliate had received a less than "satisfactory" Community Reinvestment Act rating.

Requires parties to a CRA protest agreement to fully disclose the terms of the agreement and make them available to the public; each participant in a CRA agreement must file an annual report disclosing the use of resources provided in the agreement.
Unitary Thrift Holding Company Provisions


Amends the Home Owners' Loan Act to prohibit (except for corporate reorganizations) new unitary savings and loan holding companies from engaging in nonfinancial activities or affiliating with nonfinancial entities.
Privacy


Includes provisions providing consumers with certain protections with respect to the transfer and use of their "nonpublic" personal information by financial institutions, including giving consumers the option to "opt out" of having their personal financial information shared with nonaffiliated third parties, subject to certain exceptions.
S Corporations

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The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government.

Thomas Jefferson