Re: The FCIC falls apart
Lance McLain <lance-X3DuywwxauBWk0Htik3J/[email protected]>
| Newsgroups | gmane.music.dadl.ot |
|---|---|
| Message-ID | <[email protected]> |
On Dec 17, 2010, at 6:20 PM, Peter T. Chattaway wrote: > On Fri, 17 Dec 2010, Lance McLain wrote: > >>>> Last Wednesday, just hours after securing the position of >>>> chairman of the House Financial Services Committee, Spencer >>>> Bachus, R-Ala., told the Birmingham News that "in Washington, the >>>> view is that the banks are to be regulated, and my view is that >>>> Washington and the regulators are there to serve the banks." http://www.salon.com/technology/how_the_world_works/2010/12/15/the_fabulous_bankers_boys_from_alabama >>> And that's kinda like saying they're there to serve the people, >>> yes? Yes? :/ >> >> uh....no. In what possible way could that ever be the case? > > Just following the right-leaning rhetoric regarding who serves who. > Does X serve the government or does the government serve X? If you > think it doesn't make a difference who "X" represents, well, then ... > >> Who owns the banks? > > Private citizens, rather than public institutions. In theory. The government should not be serving a small cabal of private citizens at the expense of the public at large. And while I am at it... http://www.opensecrets.org/politicians/industries.php?cycle=2010&type=C&cid=n00008091&newMem=N&recs=20 Top Industries Representative Spencer Bachus 2009 - 2010 Sector Totals (see table) Industry Favorite Spencer Bachus is a top recipient from the following industries for the 2009 - 2010 election cycle: Finance/Credit (#3) regards, -Lance -- dadl-ot mailing list http://mail.thehood.us/mailman/listinfo/dadl-ot_thehood.us http://news.gmane.org/gmane.music.dadl.ot