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This page contains a single entry from the blog posted on May 16, 2012 11:35 PM. The previous post in this blog was It's Lukens, not Buckstein, for O editorial page editor. The next post in this blog is Reader poll: Who will be next Portland mayor?. Many more can be found on the main index page or by looking through the archives.

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Wednesday, May 16, 2012

From Matt Wuerker


Copyright 2012 by Matt Wuerker. Used by permission.

Comments (13)

Kinda hard to police the bad guys, when you have over $1M of your own money invested with JP Morgan Chase; and you call their CEO "one of the best".

Is it just me, or are even some liberals starting to see this Emperor doesn't have much clothes left in his closet?

I find it humorous that the dogs have tags of two guys who named a law that, in part, caused some of the melt down.

a law that, in part, caused some of the melt down.

Could you please explain? (a) What meltdown are you referring to? and (b) how did Dodd-Frank contribute to the cause of it?

I'm reminded of a similar cartoon by the Austin political cartoonist Ben Sargent on the death squads in El Salvador in the Eighties. This one featured Uncle Sam on a park bench, telling a baby with a Tommy gun "Honestly, sweetie, if you don't stop machine-gunning people, I may have to raise my voice." With a tiny bit of tweaking, that cartoon works here, too.

who is running this country? It certainly isn't Obama. Kinda like the inmates running the asylum.

I really urge everyone to plow through Matt Taibbi's piece, "How Wall Street Killed Financial Reform." it's right there.

To hear President Obama come out and say JP Morgan shows why we need Wall Street reform, is mind-boggling. Not only did he fight against Wall Street reform, certain things he could have done that would have only required picking up a phone and telling members of his administration to do their jobs, he didn't do.

Until I read that article, I didn't have a full understanding. Wall Street Reform is further away now than before the meltdown.

Bill, I believe Obama's position on Wall Street reform is evolving.

The Matt Taibbi piece from Rolling Stone which Bill McDonald references is available at:

http://www.rollingstone.com/politics/news/how-wall-street-killed-financial-reform-20120510

Allan L.: The meltdown refers to the sinking stock market; which is now down 11 of the past 12 trading days. This hasn't happened in several years..

The cartoonist left out the bankers pouring money in his back pocket.....

President Obama's defenders say that he could have changed his mind about economic policies once in office. The problem with that is that he dumped the economic team that he ran with, as soon as he became president-elect. Then he brought in the same old Wall Street cronies.

Most. Lily-livered. President. Ever.

Money, as power, must be terribly addictive. Once the addict gets a taste they crave the high and fight anything which limits their access. They become a kind of ” Dodd/Frankenstein” - a monster with an appetite for unfair advantage driven by greed and self delusion. The monster is not even yet on life support. But lives on to challenge the viability of meaningful reform. - Thanks Matt Taibe - We the public need protection! Meaningful regulation with “teeth” (criminal and civil penalties upon conviction)


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