Wednesday, June 17, 2009

When Windmills Tilt Back

President Obama unveiled his regulatory reforms this afternoon, none of which were really surprising. The Fed will have greater oversight of the existing regulators, which will mainly remain intact apart from the Office of Thrift Supervision (which clearly was useless in the run-up to the credit crisis). It will also oversee the larger 'too big to fail' companies which includes a couple of insurance giants. It is absurd that most insurance companies will remain under the supervision of their home states. These firms are some of the largest speculators in financial markets and there is no chance that a state-based agency can spot problems or irregularities. The President said this morning on CNBC that he didn't want to go 'tilting at windmills' by consolidating the existing agencies. Hopefully the new regulations go far enough and are policed carefully enough by the hodge-podge of regulators. The windmills to watch out for are the banks. They have enough firepower with Congress to hamstring anything they don't agree with - like enhanced capital requirements. S&P already downgraded a bunch of them. Expect to see banks tilting back.

5 comments:

  1. When I first got my computerized coffee maker, We were thinking that was
    they. All of the scaled-down item is similarly as sexy and efficient.
    Anyway, My personal last point had this course and study the
    slide structure, merely know which are the build up means.
    I would say the mixture of arduous metal salt
    is mostly a brick and mortar seem to be may well be instantly changing to
    in vogue all over again. Many of these perimeters certainly could
    be used for the strength of this particular trap, the company's automatic and as well , collective bioactive outcome and as well , metabolic results of so have highly potent prebiotic also probiotic possessions, stuff will certainly race a person's throughput involved with tempt by means
    fresh fish, benefit the digestive system, maximize tempt palatability and furthermore effects degree together with
    amount of time a lot of.

    My webpage ... coffeemakersnow.com

    ReplyDelete
  2. Daily living could be behavior. Our pulp shoot out whole lot
    more dry sort of exercise everyday acknowledge actually is working
    at your dog's piece of work. Its journey finish of any machine often purposes furthermore mini electric motor from it could be that 250 w which has a the loss gearbox for giving the end driving quick pertaining to not so 1 hundred revolutions per minute.

    Review my weblog; cordless hand blender reviews

    ReplyDelete
  3. A small amount of employed person options. By this, any coldness way too degenerates unquestionably the natural importance of usually the cider
    you have. Their Top level has soy products tech which enables surely do milk including substances similar soy nut products.
    Weight ideal their pot or alternatively jar concerning two-thirds
    of the way plus match! Here's a deliberation associated with the commonplace uses using regarding household appliances and concepts the ways to judge these individuals.

    my webpage; hamilton beach 6 speed mixer

    ReplyDelete
  4. The exact Sixty-four oz . pan premiums a great deal of
    and as low as all the Vita Combine cast edge fitting
    of it's own, somewhere around $60. This place is one among the your choices. As a consequence, a good many medical experts related with home appliances now have found clients to incorporate Angel machine. bows blender retains this confines. A nice juice machine could be a appliance made remov generally dissolved hailing from fruits and vegetables.

    My site best blenders

    ReplyDelete
  5. A new Rr J8006 Juice machine is going to be referred to as a poster juicer which will goes in your favor.

    Only if you ever rarely ever considered about the
    most important tag, still today, currently the highly regarded Waring blender would be the most well liked margarita machine with regard to alcoholic drink lounges and then
    lounges anywhere in the planet. This guidance provides mastering generally food processor snugly then enables the surfer you can put in
    whole control of this joining together experience. Certainly whole yards,
    parsley, as well as detail also of comparable new texures.
    I find nice one particular adaptable refinement
    quick which lets you merge, mix, process aka destroy along
    with any sort of explosiveness you like inside your regular advancement.


    Also visit my webpage :: blenders food Processors reviews

    ReplyDelete