Here’s just one example (of thousands+) of the Democratic programs that have caused the problems, and this one involved Obama: Grim proving ground for Obama's housing policy.

Simply put, when Gov’t gets involved in our daily lives, and into private businesses – beyond its job – etc. failure and collapse are soon to follow. 'The Chickens HAVE Come Home to Roost'…

-If you're going to blame someone, blame that former President MBA named George W. Bush (you know, the guy that wqas being boooed as he got into the helicopter yesterday; you did watch the Inauguration yesterday, didn't you?).

i only have a broader view,,,,,but it seems much of the de-regulation of the past decades were enacted in an effort to encourage competition against overseas markets and encourage global business. But of course, because of greed/cheating rooted in American banks, which transferred to many overseas markets, basically global economy is in shambles. I read an article this morning about the staggering job loss in the United Kingdom as well.

Do you think we need new regulations, or at least repeal Gramm-leach-Bliley Act and the other recent hallmark de-regulation legislation. It is hard for me to believe that this disaster will not happen again, if we leave the same framework in place.

IMO, it has more to do with Obama's and the Democratic Party's Marxist agenda than the color of the president. Communism might look good on paper, but it is a failure in the real world.

Building a successful business isn’t as easy as Liberals think, and many qualified business persons are simply closing down (or not even starting) because of what Obama and the Democrats have said and promised. Auto industry is going belly up (UAW), home construction is shot, baby-boomers have showed up (Social Security and Medicare), many states and cities are basically bankrupt (mostly Dem's), the deficit is skyrocketing with the bailouts, etc.

It is going to get a lot worse, i.e. 'The Chickens Come Home to Roost' for real this time…

Basically, the giant (prevailing corporate financial order since around 1980 or so) has clay feet. The financial system is going through an implosion and it is probably more likely that the implosion made Obama and then Obama the implosion. Though he will undoubtedly have a great impact on the next chapter for the economy and financial system, we are still seeing forces play out that pre-date not just Obama's inauguration, but also his election.

“I am all business and so forth…but like every thing else in life there needs to be boundaries and guidelines and good practices. No more “anything-goes.'

I want to suggest a topic for discussion. That would be the the issue of institutional overhead paid by the US government to educational institutions when educators are awarded research grants.
Personally, I think it has become a scam and that the American public need to demand that things change.

Here is how it works. Lets say Dr. Gonzalez
applies for and is awarded a $500,00 research grant from the US government through the National Institutes of Health. The university where Dr. Gonzalez requests in addition, 65% overhead on every dollar awarded. This means that the school will get $325,000 on top of the
500 , Dr. Gonzalez gets. Now , a tax payer may ask why the school should get that overhead.
The official answer is that they use the money to
pay for the electricity, water, gas , heating and
building and administrative expenses associated
with Dr. Gonzalez ‘ laboratory. Fine, but what is often not noticed is that they take the overhead on EVERY grant awarded. If Dr. Gonzalez is very successful at getting grants, at some point the university is PROFITTING off
of that overhead.

The universities, in particular the medical schools have taken this issue of overhead and have gone to town with it. They have become so dependent on the money, that now advancement to tenure is based in part on how
many grants ( ie overhead ) a professor can get.
In addition, medical schools now expect their faculty to get at least 50% of their salaries and
benefits from grants. I think this is quite unfair to the taxpayer. Why should the US taxpayer
pay the salaries of university/medical school
scientists? Currently, institutional overhead
at most medical schools ranges from a low of
50% to 90% ! Naturally, overhead REDUCES
the total amount of money available to buy research supplies!

The new administration could save tens of millions of dollars by simply reducing the amount of institutional overhead they pay to
universities. I think 35% should be sufficient and also that there should be a fixed absolute value of overhead paid per individual. The latter practice would prevent the universities
from profitting off of the American taxpayer.
To protect the scientists, the US government should state that it is ILLEGAL for universities
to demand that their faculty bring in money
as a part of the promotion process.

Would you be willing to write an article about this?

Reforming institutional overhead on NIH grants would save the taxpayer
LOTS of money.

Because for the first time the criminal element which has led the country to near financial collapse will be held accountable.

CBS did an interesting thing on last Summer's oil price jump – pointing out the very same banks crying about going broke hired ex-Enron commodities pirates to do for oil prices what they had done to California energy prices – resulting in a surge of oil prices despite the fact that there was no shortage.

The Rethuglys have been protecting these criminal scum.

Guess the stock drop had something to do…

With handwriting on the wall.

-Noel

Amen. These credit card companies are so slimy, andf that bill removes a lot of the slime. I have been victim to a lot of it because I didn't always read the fine print. There are a lot of important parts there. I like the one where after 2010 the HIGHEST rate gets deducted first. That just makes plain sense. Other wise I had been trapped where I had a promotional balance, but couldn't pay the higher balance down… very shady stuff…

REGULATION.REGULATION.REGULATION.

The so-called free-market has been given the opportunity to work as it wants and pleases for the entire Bush administration, with healthy tax cuts for the wealthy….and we are now in a shitstorm from greed and de-regulation. We need to put some rules back in place. I am all business and so forth…but like every thing else in life there needs to be boundaries and guidelines and good practices. No more “anything-goes.'

Competition is great, but many at Wall Street want to play a game without a referee…. greed is a mutha….and that is why we are in the mess we are in now.

I still would like to hear more plans, if any, about adding some new regulations to curb what has been a disastrous result of de-regulation.