If regulating the financial industry is the answer to our problems. Why Hasn't Obama done it?

Because he knows that over-regulation of the financial industry was a major reason for the current recession..

Obama doesn't have the power to regulate the financial industry - that would have to come from Congress.

That's assuming that regulating the financial industry is the answer to our problems, and I don't think it is (just one piece of the puzzle.)

Before you claim that Obama is a fraud because he hasn't regulated the financial industry, perhaps a few civics courses and economics courses might be in order. Unless your simply trying to be provocative; you clearly have little knowledge of how these things work.

Financial regulation is a moving target. Proposals have already been floated, notably by Christopher Dodd, that are designed to enact changes to the financial regulatory system. Others, that were enacted during the last administration, such as the 2008 RESPA regulations that attempt to protect consumers from predatory lending and which goes live in January, are still in the pipeline. More will be coming. If you want to try to heap the Bush debacle on Obama, try a different angle.

-Deregulation of the financial marketplace is what have been given us into this issue interior the 1st place. Oh extremely? the two financial establishments that stared this entire mess are Fannie Mae and Freddie Mac. Fannie have been given began in 1938 and became government controlled till 1968 while Congress made it right into a privately owned 'government subsidized' corporation. In 1970 the government created Freddie Mac and Ginnie Mae. The point became set then for disaster interior the destiny. The movements of the Clinton administration that loosened standards and required loans in afflicted components made issues worse. You ask why Republicans are against fixing the project? i prefer to be attentive to why Democrats do not think of with regard to the conceivable issues their movements would reason till now they take them. What Bush did in 2004 basically extra advantageous the sub-top proportion with the help of four%. Democrats have been people who pushed sub-top to 50% till now Bush extra that final 4%. added extra, while difficulty is observed on the horizon why do they ignore approximately it? you extremely would desire to do a seek on YouTube for Fannie Mae and watch some video clips. the two considerable events are at fault. And the two would desire to take a number of the blame. yet to blame Republicans extra and asserting they are battling the restoration now's purely incorrect. the authentic Republicans have no issue with letting industries or businesses take unfavorable aspects. some you win others you lose. they only don't sense it extremely is governments interest to pay for his or her loses while it would not artwork out. government would not disguise a Vegas gamblers loses while they lose. Why would desire to it disguise GM or AIG while they lose?

The regulations are presently being formulated, the banking industry is fighting regulation every step of the way. Same as health INSURANCE reform.. Lobbyists spending million of the taxpayers dollars, remember the bailout, to have the right to cheat Americans.

Could it be that you don't bother to investigate the facts before posting asinine questions?

The financial industry IS regulated. If you mean additional regulation, Obama does not have that authority. Congress does.

He's only a "liberal" in the "minds" of reactionary fascists like Pus Limpd!ck, Yawn Fantasy, Pill O'Lielly, and Glenn Dreck.

The financial corporate lobbyists haven't finished writings the bills for our corporate congress to submit as yet.

Because Congress has to rewrite all the Regs the Republicans stripped out in 1993.

he will do as Goldmine-Sachs asks him too ... don't kid yourself .. Obama is deep in the pockets of Wall Street