Making good Mondays is like making coffee -

The week is before us - like the coffee pot - waiting to brew. Making it good is a matter of choice, luck, creativity, patience and acceptance of the outcome.

Currently at Making Good Mondays

Active elements on this page: Occasionally I will publish a new blog post, but I write mostly at other sites.

Saturday, December 12, 2009

Obama argues for strong financial watchdog agency | Reuters

The Democratic-controlled House of Representatives on Friday approved the biggest changes in financial regulation since the Great Depression -- a much-needed victory for Obama, whose job approval rating has fallen below 50 percent.

. . . The bill would create an inter-agency council to police systemic risk in the economy, crack down on hedge funds and credit rating agencies, set up a financial consumer watchdog agency, and expose Federal Reserve monetary policy to unprecedented congressional scrutiny, among other reforms.

. . . Obama said the new Consumer Financial Protection Agency that would be established would have the power "to put an end to misleading and dishonest practices of banks and institutions" regarding credit and debit cards or mortgage, auto and payday loans.

. . . "Americans don't choose to be victimized by mysterious fees, changing terms, and pages and pages of fine print. And while innovation should be encouraged, risky schemes that threaten our entire economy should not," he said.

Obama, who is under strong political pressure to create jobs and reduce the country's 10 percent jobless rate, said it appeared the economy was turning the corner.

"These are good signs for the future but little comfort to all of our neighbors who remain out of a job," he said.

The U.S. House of Representatives passed a huge financial reform bill Friday that would be the most sweeping banking regulation legislation since the Great Depression. It now goes to the Senate which is not expected to take it up until next year. The bill faces a much tougher future in the Senate.
Though Democratic leaders hoped to get as many as 10 GOP votes, not a single Republican voted for it. Pundits concluded that this was a political calculation, based on the GOP hope that the jobs situation would still be bad enough in 2010 that voters would oust Democrats out in large numbers.
Still, today is a good day for Main Street. It may not feel so good to Wall Street.

Posted via web from Southwest Postings


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References on Spirituality -- Favorites from my old collection

  • "A Return To Love: Reflections On the Principles Of a Course In Miracles" by Marianne Williamson. Harper Collins, 1992
  • "A World Waiting To Be Born: Civility Rediscovered" by M. Scott Peck. Simon and Schuster, 1993
  • "Chicken Soup For the Unsinkable Soul" by Canfield, Hansen and McNamara. Health Communications, 1999
  • "Compassion in Action: Setting Out On the Path of Service" by Ram Dass and Mirabai Bush. Bell Tower Pub., 1992
  • "Creative Visualization" by Shakti Gawain. MIF Books, 1978
  • "Finding Values That Work: The Search For Fulfillment" by Brian O'Connell. Walker & Co., 1978
  • "Fire in the Soul" by Joan Borysenko. Warner Books, 1993
  • "Further Along the Road Less Traveled" by M. Scott Peck. Simon and Schuster, 1993
  • "Guilt Is the Teacher, Love Is the Lesson" by Joan Borysenko. Warner Books, 1990
  • "Inner Simplicity: 100 Ways To Regain Peace and Nourish the Soul" by Elaine St. James. Hyperion, 1995
  • "Insearch:Psychology and Religion" by James Hillman. Spring Pub. 1994
  • "Man's Search For Himself" by Rollo May. Signet Books, 1953
  • "Mythologies" by William Butler Yeats. Macmillan, 1959
  • "Myths, Dreams and Religion" by Joseph Campbell. Spring Pub. 1988
  • "Passion for Life: Psychology and the Human Spirit" by John and Muriel James. Penguin Books, 1991
  • "Peace Is Every Step" by Thich Nhat Hahn. Bantam Books , 1991
  • "The Heroine's Journey" by Mureen Murdock. Random House, 1990
  • "The Hope For Healing Human Evil" by M. Scott Peck. Simon and Schuster, 1983
  • "The House of Belonging" poems by David Whyte. Many Rivers Press, 2004
  • "The Road Less Traveled: A New Psychology of Love, Traditional Values and Spiritual Growth" by M.Scott Peck. Simon and Schuster, 1978
  • "The Soul's Code: In Search Of Character and Calling" by James Hillman. Random House, 1996
  • "The World Treasury of Modern Religious Thought" by Jaroslav Pelikan. Little, Brown & Co., 1990
  • "Unconditional Life" by Deepak Chopra. Bantam Books, 1992
  • "Wherever You Go There You Are: Mindfulness Meditation" by Jon Kabat-Zinn. Hyperion, 1994
  • "Zen Keys: A Guide to Zen Practice" by Thich Nhat Hahn. Doubleday Dell Pub. Group, 1974

About Me

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A retired counselor, I am equal parts Techie and Artist. I am a Democrat who came to the Southwest to attend college. I married, had kids and have lived here all my adult life.