Comments on: The Big Bank Bailout Bill H.R. 4173 and the Committee for Truth in Politics http://www.coloradofreedom.net/wordpress/colorado-newsinfo/the-big-bank-bailout-bill-h-r-4173-and-the-committee-for-truth-in-politics SCREAMING LIBERTY IN DIGITAL Sat, 24 Jul 2010 18:46:13 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Jo Lagasca http://www.coloradofreedom.net/wordpress/colorado-newsinfo/the-big-bank-bailout-bill-h-r-4173-and-the-committee-for-truth-in-politics/comment-page-1#comment-461 Jo Lagasca Tue, 25 May 2010 08:49:51 +0000 http://www.coloradofreedom.net/wordpress/?p=1960#comment-461 I like your post. I like your post.

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]]> By: Michel Langbehn http://www.coloradofreedom.net/wordpress/colorado-newsinfo/the-big-bank-bailout-bill-h-r-4173-and-the-committee-for-truth-in-politics/comment-page-1#comment-72 Michel Langbehn Fri, 09 Apr 2010 00:48:02 +0000 http://www.coloradofreedom.net/wordpress/?p=1960#comment-72 I'm delighted! After reading your post I can tell you are passionate about your writing. Keep up the great work and I'll return for more! Thank you. I’m delighted! After reading your post I can tell you are passionate about your writing. Keep up the great work and I’ll return for more! Thank you.

]]> By: Raymond Hill http://www.coloradofreedom.net/wordpress/colorado-newsinfo/the-big-bank-bailout-bill-h-r-4173-and-the-committee-for-truth-in-politics/comment-page-1#comment-9 Raymond Hill Fri, 12 Feb 2010 02:51:28 +0000 http://www.coloradofreedom.net/wordpress/?p=1960#comment-9 Upon reading the summary of HR4173 my own impression is that the bill is an effort to regulate some of the banking practices like rating derivatives based on debt, regulating the rules for granting mortgages, regulating the practices of banks and hedge funds to sell insurance (credit swaps) without creating a risk pool to provide for losses should the derivatives fail. These are just a few of the matters that have to be ended. Hedging should be an illegal practice if it involves shorting investments that one's company sold to unwary but trusting pension funds, foreign banks or sovereign funds. Goldman Sachs and other banks who buy and sell forward on orders placed by their customers should be stopped. The practice is inherently a temptation to frauds. Thank you. We need HR 4173 and more laws like it. HR4173 does not go far enough. Raymond Hill Upon reading the summary of HR4173 my own impression is that the bill is an effort to regulate some of the banking practices like rating derivatives based on debt, regulating the rules for granting mortgages, regulating the practices of banks and hedge funds to sell insurance (credit swaps) without creating a risk pool to provide for losses should the derivatives fail. These are just a few of the matters that have to be ended. Hedging should be an illegal practice if it involves shorting investments that one’s company sold to unwary but trusting pension funds, foreign banks or sovereign funds.
Goldman Sachs and other banks who buy and sell forward on orders placed by their customers should be stopped. The practice is inherently a temptation to frauds.
Thank you. We need HR 4173 and more laws like it. HR4173 does not go far enough.

Raymond Hill

]]> By: Derek Mayfield http://www.coloradofreedom.net/wordpress/colorado-newsinfo/the-big-bank-bailout-bill-h-r-4173-and-the-committee-for-truth-in-politics/comment-page-1#comment-8 Derek Mayfield Wed, 10 Feb 2010 05:57:47 +0000 http://www.coloradofreedom.net/wordpress/?p=1960#comment-8 BTW.. Great analogy - "This is akin a mother giving the kid the credit card prior to her trip to the mall asking the young shopper to spend a little bit but don’t max it out. What will happen? The child (Federal Reserve) will come back home filled with shopping bags proclaiming that she (Federal Reserve) didn’t want to spend that much money but the sales (banks) were too good (to big) to pass up (fail)." BTW.. Great analogy – “This is akin a mother giving the kid the credit card prior to her trip to the mall asking the young shopper to spend a little bit but don’t max it out. What will happen? The child (Federal Reserve) will come back home filled with shopping bags proclaiming that she (Federal Reserve) didn’t want to spend that much money but the sales (banks) were too good (to big) to pass up (fail).”

]]> By: Derek Mayfield http://www.coloradofreedom.net/wordpress/colorado-newsinfo/the-big-bank-bailout-bill-h-r-4173-and-the-committee-for-truth-in-politics/comment-page-1#comment-7 Derek Mayfield Wed, 10 Feb 2010 05:55:46 +0000 http://www.coloradofreedom.net/wordpress/?p=1960#comment-7 "Others would say this gives the Federal Reserve a green light to go ahead and spend 4 trillion dollars..." - I tend to agree with these people!! “Others would say this gives the Federal Reserve a green light to go ahead and spend 4 trillion dollars…” – I tend to agree with these people!!

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