Is the relationship between banks "too big to fail" (ie JP Morgan) and the federal govt. WAY TOO COZY?


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http://opensecrets.org/news/2012/06/dimon-jpmorgan-chase-have-history-w.html Dimon is at the center of the renewed debate over financial regulation; it's an unusual position for the New York native, who was dubbed "Obama's favorite banker" by the New York Times and guided JPMorgan Chase...


Answer (9):

Barmyarse

I don't think Dimon is too cozy with Barney or Maxine. However, I think the federal government is too cozy with money period, where ever it comes from. Yours, mine, and Dimon's.

who WAS #1?

Cozy? Since the banksters persuaded Congress in 1913 to give them the money power, America has been doomed. It has taken 100 years to play out but
REPENT! FOR THE END IS NEAR.
Get out of debt. Own real things and not paper promises, because the 2nd half of the double dip depression will be worse than the first.
All caused by the banksters.

meg

Yes. But The relationship with Goldman Sachs is even more cozy. Both Clinton and Bush appointed an ex CEO of Goldman as the Secretary of the Treasury.

LibertyLover101

Our elected officials work for the Elite Ruling Class....Not the American people. All they do is shuffle the same criminals around every 4 yrs or so. Where did Tim Geithner come from before he ran Our Treasury?
They are all criminals to the American people.

Alan Turing

Not "cozy" enough. We need a representative for the federal government on the board of directors for all large nation wide banks.

Smoking Joe

I would have not done TARP or the bailouts, and let Bush's idiotic tax cuts expire, and had the budget immediately balanced.
And let the banks fail and the boardroom be sued for their personal assets.

But I'm just a dumb liberal.

Earth Needs Oil

Yes.

Joe Finkle

Yes. Let's work to change that.

Jimmy

remember, the Banks can't FORCE government to get in bed with them!...it's the otherway around!