CNBS having "Conniption Fit" over Obama's Banking Regs

[FreakinDJ]

Blathering on and on... trying say the Obama admin is affraid to just call the New Regulations the "Glassman Steagall Act". Forcing Banks to make loans to small business and consumers

Boo Hoo - Cry me a river Cramer

[Jennicut]

1. They are afraid of even moderate reforms.

What will the bankers do with smaller bonuses?!

[flamingdem]

2. happy to see them meltdown nt

[FreakinDJ]

7. Notice - when they arrest Wall St Crooks, Market goes UP

The initial reaction is the market going down 200 pts. Overall I think the new regs will propel the market up wards as confidence and "Honest Investment" returns

:rant:

[paulsby]

14. then put your money in... LONG

fwiw, i'm short. been adding to a short over the last 4 days.

market prognostications w.o monetary backing mean nothing.

the market is severely overbought.

[FreakinDJ]

15. I put my money in at DJIA 6700 - I'm still doing pretty good

I could take my money out today and ONLY have the +30% roi

[paulsby]

16. that's excellent

i can respect that.

fwiw, i was one of the few people here espousing the market (and dollar cost averaging ) when the dow was low 7,000's and high 6,000's.

steadfast discipline in the face of panic, is almost always good investment practice

cheers.

[Deep13]

3. Cramer? He should have been fired after that Stewart expose.

'Course, cable news isn't about finding the truth.

[City Lights]

4. Good.

:nopity:

[tallahasseedem]

5. Then Obama...

must be on to something if CNBC hates it.

[Catshrink]

6. I wonder what's happening over at Faux

Can't watch it at work -- and wouldn't anyway.

[FreakinDJ]

10. Please don't even suggest me watching that spew machine

[Pirate Smile]

8. I knew they would be hysterical. Go Team Volcker!

;)

[spanone]

9. good, if they're whining it must be good

[still_one]

11. correction, CNBS. That is why I watch Bloomberg, not perfect but so much better /nt

[FreakinDJ]

13. Corrected - thanks

[laughingliberal]

12. Heh! nt

[11cents]

17. Not to worry.

The Democrats in Congress will be a-scared to enact them, at which point Obama will decide they're not that important anyway.