• 20 Oct 2009 at 2:26 PM

Congress Should Use A Lifeline

By Greg Michaels

who wants to be a millionaire.jpgIn democracies like the US, the will of the people is supposed to at least help determine the country’s direction. It’s part of the culture and manifests itself in a variety of places. Take, for example, Who Wants to Be a Millionaire. When you run into a tough question you have the option of finding out what the majority thinks by asking the audience. Congress may want to consider applying the same methodology to the tough question of how much financial regulation to introduce.


Back in the more panic-stricken days of last December, 67% of those surveyed in a poll conducted for Public Strategies and Politico subscribed to the more is better philosophy of regulation. But after a 60% gain in the equity indices since March, that number has been reduced to 32%, with 68% of respondents opting for enforcement of existing regulations. While it’s reassuring to learn 2 out of 3 people believe the financial system already has enough regulation in place, the real issue is whether or not Congress can restrain itself when it counts. If the answer is ‘no’, the million dollar question may turn into the trillion dollar problem.
Americans say there’s enough financial regulations: poll [Reuters]

Comments (14)

  1. 1
    Posted by guest | October 20, 2009 at 2:34 PM

    I suggest polling the deal breaker audience, Greg. And puhleeze do not forget to pick up my poppers and KY.
    Love,
    Greg’s Grampa

  2. 2
    Posted by Apollo | October 20, 2009 at 2:38 PM

    the chaiwalah has done it again!

  3. 3
    Posted by guest | October 20, 2009 at 2:51 PM

    Ask the cartoon puppy Burnett.

  4. 4
    Posted by guest | October 20, 2009 at 3:04 PM

    At least a street shout out a la Ben Bailey.

  5. 5
    Posted by guest | October 20, 2009 at 3:10 PM

    Greg,
    Don’t tell me your a millionaire after you win a game of monopoly.
    Grandma Michaels

  6. 6
    Posted by NakedShort | October 20, 2009 at 3:12 PM

    Greg,
    Don’t put it on CSI: Miami and tell us its as good as Murder She Wrote.
    -Pappy and Nana Michaels

  7. 7
    Posted by guest | October 20, 2009 at 3:15 PM

    Greg-
    Your room smells like tuna and dried cum. I hope you don’t mind if I clean it.
    Love,
    Grandma Michaels

  8. 8
    Posted by guest | October 20, 2009 at 3:26 PM

    I think raj-raj was the chaiwalah that got covered in curried shit at the beginning of the movie.

  9. 9
    Posted by guest | October 20, 2009 at 3:36 PM

    Dennis Kneale is Greg….Discuss

  10. 10
    Posted by guest | October 20, 2009 at 4:24 PM

    Greg -
    I have been trying hard not to read your drivel, so I don’t have to come in here and insult you. But this one was beyond bad. Please stop. You douche.
    Love,
    Mom

  11. 11
    Posted by guest | October 20, 2009 at 5:23 PM

    @7, FTW! I literally spit up the OJ I was drinking.

  12. 12
    Posted by guest | October 20, 2009 at 5:38 PM

    #11=Greg and you didn’t spit up OJ you spit up cum.

  13. 13
    Posted by guest | October 20, 2009 at 6:09 PM

    @12 – Greg swallows.

  14. 14
    Posted by Tom | October 21, 2009 at 4:42 PM

    Just for the record, it’s a republic, not a democracy. Or at least it’s supposed to be.

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