Comments on: Obama says US economy doomed without finance reform http://www.financial-watch.com/obama-says-us-economy-doomed-without-finance-reform.html Coverage of World Markets and Financial Trends Thu, 22 Apr 2010 14:27:59 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: Norris Hall http://www.financial-watch.com/obama-says-us-economy-doomed-without-finance-reform.html/comment-page-1#comment-49 Norris Hall Thu, 22 Apr 2010 14:27:59 +0000 http://www.financial-watch.com/?p=293#comment-49 Wall Street doesn’t like financial reform. They think that they can just make up the rules as they go along…sort of like playing a backyard basketball game without rules and without a referee. You can certainly play a fun game in your backyard without a lot of regulation but you can’t play NBA basketball without everyone following the rules and without referees calling the fouls. Wall Street’s collapse in the economic crisis and its eventual bailout by US taxpayers says loud and clear….They can’t manage their own affairs. The financial meltdown is exhibit number one that Wall Street needs a shock collar around their necks Wall Street doesn’t like financial reform. They think that they can just make up the rules as they go along…sort of like playing a backyard basketball game without rules and without a referee.
You can certainly play a fun game in your backyard without a lot of regulation

but you can’t play NBA basketball without everyone following the rules and without referees calling the fouls.

Wall Street’s collapse in the economic crisis and its eventual bailout by US taxpayers says loud and clear….They can’t manage their own affairs.

The financial meltdown is exhibit number one that Wall Street needs a shock collar around their necks

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