Matt Yglesias

5 Responses to “Senator Dick Durbin Talks to Pat Garofalo About Housing Policy”

1. ron Says:
   August 3rd, 2009 at 5:02 pm

   When Obama appointed Geithner, Summers, Emanuel, Gensler, etc. the writing was on the wall.

   Wall street has invested a lot of money in those guys and they clearly expect a good return.

2. JMG Says:
   August 3rd, 2009 at 5:13 pm

   Matt, the banks will have no more clout than they do now, because they have all they need. Under a Democratic Congress and administration, they prevent legislation from being enacted. That’s all they need.
   Under Republicans, they write it.

3. Steve LaBonne Says:
   August 3rd, 2009 at 5:47 pm

   It’s the banksters’ country. They just (grudgingly) allow us to live in it.

4. Jimm Says:
   August 4th, 2009 at 3:39 am

   It’s time for Congress to show they are not bought and sold, bribed and profiteered, by actually doing something productive and positive towards the future, and telling the banks to go to hell, because hell or high water, record profits is cool, but doing it on the backs of poor people, to the tune of $35 for every overdraft, these organizations should be condemned and dissolved for predatory usury.

   We need healthy banks, but we don’t need predatory usury.

5. Anne from Chicago Says:
   August 4th, 2009 at 7:59 am

   Couldn’t hear the interview – but noted that there was my senator, who just a couple of months ago, said openly, without shame that the “banks own Congress.”

   And there you have it. Consumers in foreclosure can’t afford to own anything, much less their senator. Thus nothing will change.

   Even transforming oneself into a “bank holding company” will not bring an investment bank into the fold, apparently. Goldman openly brags about how they’ve not changed their business model at all since doing so….