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Jamie Dimon is embarrassing congress in his testimony today. mostly democrats;)
Who is a democrat pretty much has said over and over and over again during his testimony is we don't need a lot of regulation. There is too much, we need to look at little regulation but strong regulation. Also said that a lot of companies are moving over seas due to being able to do business overseas is easier.
What a shock. I hope congress will listen to him.
The Nebraska member of congress just told Dimon that he should move his business to Nebraska
I must say I am impressed with this testimony today.
http://www.cnbc.com/id/47796594
Born a Nebraskan, raised a Nebraskan, will die a Nebraskan!! Go Big Red!
Men of Israel, consider carefully what you intend to do to these men. Some time ago Theudas appeared, claiming to be somebody, and about four hundred men rallied to him. He was killed, all his followers were dispersed, and it all came to nothing. After him, Judas the Galilean appeared in the days of the census and led a band of people in revolt. He too was killed, and all his followers were scattered. Therefore, in the present case I advise you: Leave these men alone! Let them go! For if their purpose or activity is of human origin, it will fail. But if it is from God, you will not be able to stop these men; you will only find yourselves fighting against God.” - Gamalie the Pharisee - Addressing the Sanhedrin regarding the new group called Christians
"I support collecting more in taxes from people with high incomes who choose to actually pay taxes at lower tax rates than use lawyers and accountants to avoid taxes at higher tax rates," he wrote. "Some tax revenues at low tax rates is a heckuva lot better than no tax revenues at high tax rates." - Art Laffer (on 999 plan)
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Heisman

I'm not surprised. By all accounts, Dimon is a pretty bright guy. And it shouldn't be that hard to make Congress-critters look stupid. They do it themselves on a daily basis.
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NOOOOO, he just said banks and companies need to fail and not be propped up by the Government. NOOOOOOOOO
He also any government protection needs to go to the people not the management.
Born a Nebraskan, raised a Nebraskan, will die a Nebraskan!! Go Big Red!
Men of Israel, consider carefully what you intend to do to these men. Some time ago Theudas appeared, claiming to be somebody, and about four hundred men rallied to him. He was killed, all his followers were dispersed, and it all came to nothing. After him, Judas the Galilean appeared in the days of the census and led a band of people in revolt. He too was killed, and all his followers were scattered. Therefore, in the present case I advise you: Leave these men alone! Let them go! For if their purpose or activity is of human origin, it will fail. But if it is from God, you will not be able to stop these men; you will only find yourselves fighting against God.” - Gamalie the Pharisee - Addressing the Sanhedrin regarding the new group called Christians
"I support collecting more in taxes from people with high incomes who choose to actually pay taxes at lower tax rates than use lawyers and accountants to avoid taxes at higher tax rates," he wrote. "Some tax revenues at low tax rates is a heckuva lot better than no tax revenues at high tax rates." - Art Laffer (on 999 plan)
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Merkley Dem from Organ just asked if JP would have gone down with out Tarp that JP did take. JP just went off on him saying they were told to take the tarp money and they did not need it. That was not the anwser Merkley wanted so he cut him off.
Born a Nebraskan, raised a Nebraskan, will die a Nebraskan!! Go Big Red!
Men of Israel, consider carefully what you intend to do to these men. Some time ago Theudas appeared, claiming to be somebody, and about four hundred men rallied to him. He was killed, all his followers were dispersed, and it all came to nothing. After him, Judas the Galilean appeared in the days of the census and led a band of people in revolt. He too was killed, and all his followers were scattered. Therefore, in the present case I advise you: Leave these men alone! Let them go! For if their purpose or activity is of human origin, it will fail. But if it is from God, you will not be able to stop these men; you will only find yourselves fighting against God.” - Gamalie the Pharisee - Addressing the Sanhedrin regarding the new group called Christians
"I support collecting more in taxes from people with high incomes who choose to actually pay taxes at lower tax rates than use lawyers and accountants to avoid taxes at higher tax rates," he wrote. "Some tax revenues at low tax rates is a heckuva lot better than no tax revenues at high tax rates." - Art Laffer (on 999 plan)
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 Originally Posted by Huskermedic
NOOOOO, he just said banks and companies need to fail and not be propped up by the Government. NOOOOOOOOO
He also said any government protection needs to go to the people not the management.
I wonder if this will make any of the "Occupy Wall Street" folks re-think their vilification of Dimon? Nah, probably not, they don't seem to be the brightest bulbs in the fixture, for the most part.
 Originally Posted by Warhorse
Never been on a liberal blog in my life.
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He just said passing all of Simpson and Bowles would have helped the most. Bad day for Dems.
Born a Nebraskan, raised a Nebraskan, will die a Nebraskan!! Go Big Red!
Men of Israel, consider carefully what you intend to do to these men. Some time ago Theudas appeared, claiming to be somebody, and about four hundred men rallied to him. He was killed, all his followers were dispersed, and it all came to nothing. After him, Judas the Galilean appeared in the days of the census and led a band of people in revolt. He too was killed, and all his followers were scattered. Therefore, in the present case I advise you: Leave these men alone! Let them go! For if their purpose or activity is of human origin, it will fail. But if it is from God, you will not be able to stop these men; you will only find yourselves fighting against God.” - Gamalie the Pharisee - Addressing the Sanhedrin regarding the new group called Christians
"I support collecting more in taxes from people with high incomes who choose to actually pay taxes at lower tax rates than use lawyers and accountants to avoid taxes at higher tax rates," he wrote. "Some tax revenues at low tax rates is a heckuva lot better than no tax revenues at high tax rates." - Art Laffer (on 999 plan)
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JP's stock has gone up during and as he testified.
Born a Nebraskan, raised a Nebraskan, will die a Nebraskan!! Go Big Red!
Men of Israel, consider carefully what you intend to do to these men. Some time ago Theudas appeared, claiming to be somebody, and about four hundred men rallied to him. He was killed, all his followers were dispersed, and it all came to nothing. After him, Judas the Galilean appeared in the days of the census and led a band of people in revolt. He too was killed, and all his followers were scattered. Therefore, in the present case I advise you: Leave these men alone! Let them go! For if their purpose or activity is of human origin, it will fail. But if it is from God, you will not be able to stop these men; you will only find yourselves fighting against God.” - Gamalie the Pharisee - Addressing the Sanhedrin regarding the new group called Christians
"I support collecting more in taxes from people with high incomes who choose to actually pay taxes at lower tax rates than use lawyers and accountants to avoid taxes at higher tax rates," he wrote. "Some tax revenues at low tax rates is a heckuva lot better than no tax revenues at high tax rates." - Art Laffer (on 999 plan)
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 Originally Posted by Huskermedic
He just said passing all of Simpson and Bowles would have helped the most. Bad day for Dems.
I could support that.
Sister Pat Farrell, president of the Leadership Conference of Women Religious, said that Catholics should be able to search for answers about faith without fear.
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 Originally Posted by Huskerwirejay
I could support that.
I think it is because that was a bipartisan committee. That is something else JD pointed out. Dem's and Repubs don't work togather nor did they envolve people like him when they have passed things like the volker rule and dod frank
Born a Nebraskan, raised a Nebraskan, will die a Nebraskan!! Go Big Red!
Men of Israel, consider carefully what you intend to do to these men. Some time ago Theudas appeared, claiming to be somebody, and about four hundred men rallied to him. He was killed, all his followers were dispersed, and it all came to nothing. After him, Judas the Galilean appeared in the days of the census and led a band of people in revolt. He too was killed, and all his followers were scattered. Therefore, in the present case I advise you: Leave these men alone! Let them go! For if their purpose or activity is of human origin, it will fail. But if it is from God, you will not be able to stop these men; you will only find yourselves fighting against God.” - Gamalie the Pharisee - Addressing the Sanhedrin regarding the new group called Christians
"I support collecting more in taxes from people with high incomes who choose to actually pay taxes at lower tax rates than use lawyers and accountants to avoid taxes at higher tax rates," he wrote. "Some tax revenues at low tax rates is a heckuva lot better than no tax revenues at high tax rates." - Art Laffer (on 999 plan)
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 Originally Posted by Huskermedic
I think it is because that was a bipartisan committee. That is something else JD pointed out. Dem's and Repubs don't work togather nor did they envolve people like him when they have passed things like the volker rule and dod frank
I think it is because it's full of many good ideas. I have posted in support of these ideas many times.
I don't care if it's from a D or an R, both or neither, but the people in Washington refuse to do anything that might give the other side an oz of credit. Without term limits, I fear that we are going to continue to govern with the #1 goal of making the other size look bad. With all the soft money, candidates in the middle will continue to be vilified.
Sister Pat Farrell, president of the Leadership Conference of Women Religious, said that Catholics should be able to search for answers about faith without fear.
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 Originally Posted by Huskerwirejay
I think it is because it's full of many good ideas. I have posted in support of these ideas many times.
I don't care if it's from a D or an R, both or neither, but the people in Washington refuse to do anything that might give the other side an oz of credit. Without term limits, I fear that we are going to continue to govern with the #1 goal of making the other size look bad. With all the soft money, candidates in the middle will continue to be vilified.
Agree, not sure term limits is the fix for it all but I would be fine with term limits.
Born a Nebraskan, raised a Nebraskan, will die a Nebraskan!! Go Big Red!
Men of Israel, consider carefully what you intend to do to these men. Some time ago Theudas appeared, claiming to be somebody, and about four hundred men rallied to him. He was killed, all his followers were dispersed, and it all came to nothing. After him, Judas the Galilean appeared in the days of the census and led a band of people in revolt. He too was killed, and all his followers were scattered. Therefore, in the present case I advise you: Leave these men alone! Let them go! For if their purpose or activity is of human origin, it will fail. But if it is from God, you will not be able to stop these men; you will only find yourselves fighting against God.” - Gamalie the Pharisee - Addressing the Sanhedrin regarding the new group called Christians
"I support collecting more in taxes from people with high incomes who choose to actually pay taxes at lower tax rates than use lawyers and accountants to avoid taxes at higher tax rates," he wrote. "Some tax revenues at low tax rates is a heckuva lot better than no tax revenues at high tax rates." - Art Laffer (on 999 plan)
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