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Frontrunner for Clinton VP supports more consistent liquidity reporting frequency!
- Thread starter Team Alucard
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You don't even understand what he's talking about though
hydragonwarrior
Member
Could you update the OP with this? I fear most of GAF is already tripping over the optics of this news.
cheezcake
Member
I'm sort of confused about the latter part of your statement. Do you mean that daily calcs provide a lesser view into the bank (info overload), or that they just don't offer much more of a view to really be worthwhile.
Team Alucard
Banned
I agree. If Kaine is the pick (or Booker for that matter) then Bernie needs to pull a Ted Cruz.
It's already been said, but if she picks him, that would be a fairly bad look. Yikes.
Exactly - and I guarantee it will be spun that way.
Didn't realize this was an Alucard thread. Wasted my time even posting in here.
Exactly - and I guarantee it will be spun that way.
Didn't realize this was an Alucard thread. Wasted my time even posting in here.
SlickShoesRUCrazy
Member
Please don't pick this man.
WeAreStarStuff
Member
All the Wallstreet lobbyist that donate to Hilary would love this.......not that she is swayed by them....right....lol.
This must be the worst election; I have no viable options.
This must be the worst election; I have no viable options.
metalslimer
Member
You're a Trump supporter.
GoldenEye 007
Member
Oh shit didn't see it was an Alucard thread.
Looking into the statement, the only thing I am really concerned with is him saying big banks don't necessarily mean more risk. I'd think they are more risky by default.
I'm not sure if changing from daily liquidity reporting to monthly is a huge thing?
Looking into the statement, the only thing I am really concerned with is him saying big banks don't necessarily mean more risk. I'd think they are more risky by default.
I'm not sure if changing from daily liquidity reporting to monthly is a huge thing?
radios shipping overview
Member
This election, I swear...
gamechanger87
Member
The only people who believe that Hillary will be tough on the big banks are the people she's conned into believing that by saying what Bernie said to get votes.
I work on "Wall Street" and I will tell you that no one here believes for a second she will do a thing. She's been too close to the industry. People are supporting her because they know she won't do a thing. She will go Moderate with her VP pick because she wants the Anti-Trump crowd. I don't think she cares at all about the Bernie crowd.
Team Alucard
Banned
Its a two-party system. Trump is preferable to Hillary.
Saint Bernard will always be #1 in my heart though!
The Nexus of G
Banned
As a minority, those rights never really applied to us in the first place.
I'm still voting blue but regardless, as a minority male, I gain nothing and stand to lose everything this election cycle.
Do Wall Street lobbyists normally represent community banks and credit unions?
If I don't understand it then why does it make me so angry?
EatinOlives
Member
You'd love that, wouldn't you?
Sorry, the DNC's not gonna be the circus that you're hoping it will be. Only one of the two major political parties is crashing and burning as we speak.
jack_package_200
Banned
Cuz Bernie didn't win, fuck women, minorities, and the LBGT amirite?
ShironRedshift
Member
Alright. That's fine. But I want to understand. Why are banks and financial regulation so important to you that a potential VP candidate simply saying something about it that he wouldn't be able to do anything about anyway due to being a VP invokes this powerful of a response from you (and others who feel the same way)? By making this stance, you're saying that financial regulations are more important than the Supreme Court. They're more important than protection women's reproductive rights. They're more important than not only same-sex marriage, but also stopping laws that allow LGBT discrimination. They're more important than climate change. They're more important than the well-being of Muslims and blacks and immigrants in our country.
That's fine. That's your choice to make. But I would like to understand why exactly this is such a wedge issue that it trumps all of that for you, because that's what's on the line here. That's your decision, but I don't understand how one single issue (and one that in this particular instance that there seems to be a lot of confusion about here as to what exactly he actually means and whether it actually is a big deal at all) could potentially outweigh all of those others and everything that are at risk, but I'd like to, so please, can you try to do so?
So nice to see how many NeoGAF posters are like, "well, I guess racism and fascism is bad, but ultimately I care just as much about an esoteric banking regulation I don't understand."
As a person of color and second generation immigrant I really appreciate your support. Glad to see you guys are real progressives.
Also nice to see that people are still taking Team Alucard seriously even though he's a white nationalist who has been concern trolling the liberals all year.
As a person of color and second generation immigrant I really appreciate your support. Glad to see you guys are real progressives.
Also nice to see that people are still taking Team Alucard seriously even though he's a white nationalist who has been concern trolling the liberals all year.
radios shipping overview
Member
Anti-immigrant nationalism on one side and big finance on the other. Is this our Brexit vote?
Being a bernie supporter and voting for trump? What kind of twisted logic is that?
LOL. you need a troll tag like mine so people don't take you seriously.
read both letters in full and don't see the issue. First letter has two points -- daily reporting is excessive and a more appropriate time period should be chosen and second, that the current method for calculating capital requirements should be revisited. Specifically, the letter argues against letting banks use their own internal models. The other letter just says the CFPB should include in any regulations tailored provisions for community banks (in accordance with the law).
TheOfficeMut
Unconfirmed Member
There is no validity to anything you say regarding this situation because you're a Trump supporter. Fact.
Getting exactly the reaction wanted.
SirClinksAlot
Member
It doesn't seem like it.
lolno
I can think of a tag change that would be appropriate.
You said it better than I ever could. I'm so glad the Obama coalition is the future of the party.
Yes it does. Kaine is suggesting that the larger banks do monthly rather than daily calculations, do you want to be the one to explain how this makes him loose and easy on finance?
BotoxAgent
Member
actually Bernie would smh towards people like you
Certainly explains Trump's rise to prominence. It's so much easier to elicit baseless emotional response than it is to explain a nuanced position.
I don't understand at all how you can equate Trump's political views to fascism.
But, banking regulation is incredibly important. Not only to America, but to every single nation on earth. If we let another 2008 happen, we will all be fucked. This is why as a Canadian, I hate the idea of a Clinton presidency.
metalslimer
Member
It makes me so disappointed. If there is actual evidence that moving to monthly proposing would be bad, then I will join the fight against him. We are supposed to be the party of evidence, but instead people are willing to throw others rights away over something they don't even understand
Cymbal Head
Banned
Payday lenders can take a flying fuck at the moon. They deserve no respect and I don't care if any state elected official thinks that no maybe things are different in their state.
We tried to restrict them in Ohio, so they started offering what are ostensibly "auto title loans" in order to keep their interest rates sky high.
They are opportunistic scum that prey on the disadvantaged, and we need to pressure every elected official to make them a thing of the past.
We tried to restrict them in Ohio, so they started offering what are ostensibly "auto title loans" in order to keep their interest rates sky high.
They are opportunistic scum that prey on the disadvantaged, and we need to pressure every elected official to make them a thing of the past.
Then you haven't been paying attention.
It's about deregulating small and regional banks. And not really deregulating so much as relaxing one reporting requirement.
He's right that it wasn't small credit unions who crashed the economy. Small banks can't afford to gamble with people's life savings like the megabanks can. They can't count on a bailout if they fuck up.
He's right that it wasn't small credit unions who crashed the economy. Small banks can't afford to gamble with people's life savings like the megabanks can. They can't count on a bailout if they fuck up.
"Hilldwag gonna take mah guns ='(" is what he is saying
Only one of the two candidates has promised to repeal every major banking regulation. It isn't Hilary.
SirClinksAlot
Member
I was agreeing with you that people don't seem to understand what Kaine is suggesting. I should have bolded that part.
Nobody would ever buy that you actually are a Bernie supporter, so why pretend?
As per Kaine, reinforces my idea that she should go for Warren, but even if Kaine is VP, Hillary/ Kaine is still 1000% times better than Trumpence anyway.
Still waiting to hear from people how this would lead to another 2008.
I was agreeing with you that people don't seem to understand what Kaine is suggesting.
My bad
Well I know that you are a Trump supporter, So being delusional is right up your alley.
RustyNails
Member
You guys really need to stop being one issue voters. Like read up on him before going WELP, TIME TO VOTE TRUMP. Tim Kaine was a pretty good governor of Virginia. He is immensely liked by African Americans and Hispanic communities. He worked as a missionary in Honduras. The dude helped with integrating public schools in VA. He is really well respected by Obama too. And he speaks fluent spanish.
npr
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