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Napolitano: Financial reform will "destroy jobs and destroy our economy even further"

September 06, 2010 6:40 pm ET

From the September 3 edition of Fox News' Glenn Beck:

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Previously:

Beck likens the financial reform law to "Big Brother," an "unprecedented assault on our economy"

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    • Author by Bongo Fury (September 06, 2010 7:03 pm ET)
      9  
      Ben Stein..wow.Is this an older clip?If not,it sounds and looks familiar.
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      • Author by wolf kotenberg (September 06, 2010 9:26 pm ET)
        6  
        and to the richest 2% of the nation.. GOODBYE ! Complain about this country, leave. Ben Stein looks well fed. Napolitano looks even better fed. If i have a complaint I will, I don't need these bozos to complain for me.
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    • Author by mk3872 (September 06, 2010 7:05 pm ET)
      13  
      Yup, because we should just all act like the recession of 2008 never happened. Banks went without regulations and had NOTHING to do with destroying employment globally. Nothing at all.

      This is more than pure advocacy by Napolitano. It's pure blind belief in an ideology without the ability to ever see fault in one's way. This is dangerous.
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      • Author by blk-in-alabam (September 06, 2010 7:17 pm ET)
        12  
        Napolitano is not blind.He clearly sees the words he has been paid to,and instructed to read
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        • Author by indigo1968 (September 06, 2010 7:43 pm ET)
          8  
          How many jobs does Napolitano think our close brush with Great Depression II consumed? Y'know, the one enabled by massive deregulation brought on by the GOP?

          Ten jobs? Maybe eleven?

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    • Author by jjamele2880 (September 06, 2010 7:17 pm ET)
      10  
      See all those American Petroleum Institute Commercials, where "every day Americans" who don't mind reading off of cue cards for a few extra bucks bleat talking points about how HORRIBLE it would be if energy companies had to pay something close to a reasonable tax rate? That's what Napolitano's BS reminds me of.

      No matter what, we must NOT 1) let the Bush tax cuts expire, 2) regulate industry, or do anything that seems on the surface to be a common sense step toward fixing the economy.
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      • Author by dogbreath (September 06, 2010 8:23 pm ET)
        8  
        I really, really hate those commercials. Not that I love the idea of increasing taxes on energy but those commercials are particularly stupid.
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        • Author by jjamele2880 (September 06, 2010 9:14 pm ET)
          5  
          I think the reason they are particularly stupid is because it couldn't be more obvious that the people featured in them have NO IDEA what they are talking about, and might as well be holding signs saying "Will Say Anything For Money."
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        • Author by jjamele2880 (September 06, 2010 9:15 pm ET)
          2  
          http://thiscommercialsucks.blogspot.com/2010/08/useful-idiots.html
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          • Author by Bongo Fury (September 06, 2010 9:42 pm ET)
            2  
            Nice jjamele.Also,don't forget how utterly urgent and interesting it is to buy car insurance.I don't watch a lot of the tube,but when I do,they seem to dominate commercials.
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      • Author by hurricaneyankee52983 (September 06, 2010 11:56 pm ET)
        3  
        jamele, I've been seeing those commercials and they really anger me because all they are are lies and misinformation meant to dupe all of us.Really sickening that people believe their crap. We need to start pushing back against these jerks.
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    • Author by Treulos (September 06, 2010 7:21 pm ET)
      8  
      Sadly, even Obama's "reform" bill is devoid of any trust busting measures (let's face it, Too Big to Fail is a synonym for monopoly), efforts to stop derivatives trading and credit-default swaps, and regulations prohibiting the mergers of investment banks with depository banks. The banks are still floating hundreds of billions of dollars worth of debt and toxic assets that the bailouts have only managed to veil. The bailouts were merely a band-aid for our systemic cancer.

      The only good thing to come out of that pathetic financial bill is a consumer protection agency. But in all honesty, even if Elizabeth Warren is made chair, she doesn't have the power to prevent another economic collapse.

      We're back to where we were right after the Glass-Steagall Act was repealed, except this time we're trillions in the hole. The economy will crash again, but not because of anything Napolitano believes. God, I WISH financial reform was as extreme as these fools keep claiming it is.
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      • Author by jjamele2880 (September 06, 2010 8:05 pm ET)
        9  
        I wish PRESIDENT OBAMA was as extreme as these fools keep claiming HE is.
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    • Author by DAWUSS (September 06, 2010 7:50 pm ET)
      5 2
      Trust him, he's a judge. ;)
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    • Author by GrandpaMark (September 06, 2010 8:05 pm ET)
      10  
      Today, Fox Lies own poll shows 74% of their respondents say McCain would have made the economy worse, or no better. What would their plan entail, other than kowtowing to the rich and their minions? If Bush's bs tax cuts were so great, why has the economy tanked with them in place? They should bring Varney's lying behind on. He can explain how stimulus funds have gone to blacks to buy large screen tv's and beer in upstate NY. Do a search and see what I'm talking about. The truth has no bearing on these people's thought process, it matters not how many times they are exposed as liars. Republicans first and americans only to cash in and ripoff the rest of us.
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    • Author by wolf kotenberg (September 06, 2010 9:19 pm ET)
      2  
      Prove it ! with numbers and logic.
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    • Author by 4teepee (September 06, 2010 9:21 pm ET)
      5  
      These morons fail to understand that to enforce laws against fraud, you needs the regulators to catch the criminals. Duh.
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    • Author by Saturnalian (September 07, 2010 1:31 am ET)
      2  
      Until these jokers ADMIT that Bush/Cheney screwed the economy (among many other things) and that they are complicit, I will not listen to a whimper of what they have to say.
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    • Author by little poncho (September 07, 2010 6:50 am ET)
      1  
      bush = tax breaks for the RICH = TODAYS ECONOMY!!! ( THATS ALL FOLKS) WAKE UP AMERICA, THE RICH DONE VERY WELL,WHILE THE REST ARE STRUGGLING, THANKS TO THE, bush!!!!!!!!!!!
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    • Author by MickD (September 07, 2010 10:35 am ET)
      1  
      This guy had been Fox's pitbull lately. I guess they pay on a scale of who will tell the biggest slimeball lies.
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