Comments on: Group demands banks give up bonuses to fill state budget gap

By: KatherineRBrownton

KatherineRBrownton — Sun, 11 Jul 2010 20:02:37 +0000

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By: Bank Lexington KY

Bank Lexington KY — Mon, 17 May 2010 17:50:02 +0000

The towns people have a right to be angry about there situation. Does anyone know the outcome of this conflict?

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By: Crusade10

Crusade10 — Thu, 28 Jan 2010 22:22:04 +0000

wasn't Iowa the first state to vote in Obama as President? there was no change He continued the Bailout policy of Paulson and pushed by Nancy Pelosi. He did not change anything. The bailout of the banks was for their debts based on Collateralized Debt Obligations – derivatives – speculative gambling with depositors money. Let's not honor the debt. Read from a lesson in history – FDR's bankers holiday. It's called reorganization. Bankruptcy Reorganization. That's what should have happened in 2008. Not the bailout policy. Then change the FED into a National Bank. A return to a US constitutional based CREDIT System – not this Monetary System of Central Banking. A Return to a Glass-Steagall Act Standard. And by the way end the HMOs – and return to a Hill Burton Standard for our general welfare / General Hospitals!

By: anandastone

anandastone — Thu, 28 Jan 2010 16:27:08 +0000

Yes, good job protesters, this is completely criminal! I was really hoping our economy crisis would teach people not to be so greedy and corrupt.

By: itserich

itserich — Wed, 27 Jan 2010 16:35:47 +0000

Thank you Iowa CCI!

As to the comments below, dsmisnotboring states elsewhere he works for one of the banks, Wells Fargo I think. That is part of the problem. A few executives get hundreds of millions, the worker bees get the crumbs and they align with the exec's instead of caring about the plight of the nation.

News flash. Letting a few big banks failed would have cause very little long term problems. New banks and local banks would have picked up the business. The country's debt would be much smaller, and moral hazard would be much reduced. Even now, the best bankers are leaving the hulking giants to do their own thing. The losers stick with the crony capitalists because they can't get anything better.