Bernie Sanders Plan: Turn Post Offices into Banks

That's awesome. Can't wait for Sanders to push the post office bank to make subprime loans in bad neighborhoods. Because it's the right thing to do. LOL!
That's what PRIVATE banks did. All around the world.

Goldman Sachs, Lehman Brothers, Bear Stearns, Merrill Lynch, Morgan Stanley, and JP Morgan were not forced by the government to make those bad loans. They did it out of greed and stupidity.

Nice try.
 
That's awesome. Can't wait for Sanders to push the post office bank to make subprime loans in bad neighborhoods. Because it's the right thing to do. LOL!
That's what PRIVATE banks did. All around the world.

Goldman Sachs, Lehman Brothers, Bear Stearns, Merrill Lynch, Morgan Stanley, and JP Morgan were not forced by the government to make those bad loans. They did it out of greed and stupidity.

Nice try.

Yeah, we could have the government push private banks to make bad loans, or we could have government run banks cut out the middle man and make the bad loans themselves.

That reminds me, how's the government takeover of student loans working out?
 
You're going to have to come up with some other assumptions now, Toddster. Your other ones were bunk.
 
That's awesome. Can't wait for Sanders to push the post office bank to make subprime loans in bad neighborhoods. Because it's the right thing to do. LOL!
That's what PRIVATE banks did. All around the world.

Goldman Sachs, Lehman Brothers, Bear Stearns, Merrill Lynch, Morgan Stanley, and JP Morgan were not forced by the government to make those bad loans. They did it out of greed and stupidity.

Nice try.

Yeah, we could have the government push private banks to make bad loans, or we could have government run banks cut out the middle man and make the bad loans themselves.

That reminds me, how's the government takeover of student loans working out?

What does this have to do with giving more people more opportunities to do small monetary transactions at the post office instead of being gouged by check cashing stores?
 
That's awesome. Can't wait for Sanders to push the post office bank to make subprime loans in bad neighborhoods. Because it's the right thing to do. LOL!
That's what PRIVATE banks did. All around the world.

Goldman Sachs, Lehman Brothers, Bear Stearns, Merrill Lynch, Morgan Stanley, and JP Morgan were not forced by the government to make those bad loans. They did it out of greed and stupidity.

Nice try.

Because that's what Fannie and Freddie required of them.
 
That's awesome. Can't wait for Sanders to push the post office bank to make subprime loans in bad neighborhoods. Because it's the right thing to do. LOL!
That's what PRIVATE banks did. All around the world.

Goldman Sachs, Lehman Brothers, Bear Stearns, Merrill Lynch, Morgan Stanley, and JP Morgan were not forced by the government to make those bad loans. They did it out of greed and stupidity.

Nice try.

Because that's what Fannie and Freddie required of them.
Nope. Wrong-o!

They established their own chain of brokers, and packaged their own MBS, and constructed their own CDOs.

Hell, man, you don't even get a "nice try" for that lame ass bullshit.
 
That's awesome. Can't wait for Sanders to push the post office bank to make subprime loans in bad neighborhoods. Because it's the right thing to do. LOL!
That's what PRIVATE banks did. All around the world.

Goldman Sachs, Lehman Brothers, Bear Stearns, Merrill Lynch, Morgan Stanley, and JP Morgan were not forced by the government to make those bad loans. They did it out of greed and stupidity.

Nice try.

Because that's what Fannie and Freddie required of them.
Nope. Wrong-o!

They established their own chain of brokers, and packaged their own MBS, and constructed their own CDOs.

Hell, man, you don't even get a "nice try" for that lame ass bullshit.

LOL!

Fannie and Freddie were the financial binary black holes sucking subprime paper into their maw and stamping them AAA
 
That's awesome. Can't wait for Sanders to push the post office bank to make subprime loans in bad neighborhoods. Because it's the right thing to do. LOL!
That's what PRIVATE banks did. All around the world.

Goldman Sachs, Lehman Brothers, Bear Stearns, Merrill Lynch, Morgan Stanley, and JP Morgan were not forced by the government to make those bad loans. They did it out of greed and stupidity.

Nice try.

Because that's what Fannie and Freddie required of them.
Nope. Wrong-o!

They established their own chain of brokers, and packaged their own MBS, and constructed their own CDOs.

Hell, man, you don't even get a "nice try" for that lame ass bullshit.

LOL!

Fannie and Freddie were the financial binary black holes sucking subprime paper into their maw and stamping them AAA
How many times do you have to have it ass-plained to you that the GSEs were a minor part of the secondary market during the bubble?

How many times do you have to have it ass-plained to you that the bubble was GLOBAL!?! Do you think the negroes of Iceland were responsible for the meltdown of Landsbanki?
 
That's awesome. Can't wait for Sanders to push the post office bank to make subprime loans in bad neighborhoods. Because it's the right thing to do. LOL!
That's what PRIVATE banks did. All around the world.

Goldman Sachs, Lehman Brothers, Bear Stearns, Merrill Lynch, Morgan Stanley, and JP Morgan were not forced by the government to make those bad loans. They did it out of greed and stupidity.

Nice try.

Because that's what Fannie and Freddie required of them.
Nope. Wrong-o!

They established their own chain of brokers, and packaged their own MBS, and constructed their own CDOs.

Hell, man, you don't even get a "nice try" for that lame ass bullshit.

LOL!

Fannie and Freddie were the financial binary black holes sucking subprime paper into their maw and stamping them AAA

Nope.
 
That's awesome. Can't wait for Sanders to push the post office bank to make subprime loans in bad neighborhoods. Because it's the right thing to do. LOL!
That's what PRIVATE banks did. All around the world.

Goldman Sachs, Lehman Brothers, Bear Stearns, Merrill Lynch, Morgan Stanley, and JP Morgan were not forced by the government to make those bad loans. They did it out of greed and stupidity.

Nice try.

Because that's what Fannie and Freddie required of them.
Nope. Wrong-o!

They established their own chain of brokers, and packaged their own MBS, and constructed their own CDOs.

Hell, man, you don't even get a "nice try" for that lame ass bullshit.

LOL!

Fannie and Freddie were the financial binary black holes sucking subprime paper into their maw and stamping them AAA
How many times do you have to have it ass-plained to you that the GSEs were a minor part of the secondary market during the bubble?

How many times do you have to have it ass-plained to you that the bubble was GLOBAL!?! Do you think the negroes of Iceland were responsible for the meltdown of Landsbanki?

They were the epicenter of it, without them, it wouldn't have gone nearly as bad.
 
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why not just make all Dominos Pizza places into call girl offices while we're at it.
You are actually on the right track here.

Instead of all these red herrings and erroneous assumptions about profits, we need to discuss why it is not in our interest to nationalize banking. I've been waiting for the rubes to figure it out, but they are stuck in that whole debunked CRA idiot loop now.
 
That's what PRIVATE banks did. All around the world.

Goldman Sachs, Lehman Brothers, Bear Stearns, Merrill Lynch, Morgan Stanley, and JP Morgan were not forced by the government to make those bad loans. They did it out of greed and stupidity.

Nice try.

Because that's what Fannie and Freddie required of them.
Nope. Wrong-o!

They established their own chain of brokers, and packaged their own MBS, and constructed their own CDOs.

Hell, man, you don't even get a "nice try" for that lame ass bullshit.

LOL!

Fannie and Freddie were the financial binary black holes sucking subprime paper into their maw and stamping them AAA
How many times do you have to have it ass-plained to you that the GSEs were a minor part of the secondary market during the bubble?

How many times do you have to have it ass-plained to you that the bubble was GLOBAL!?! Do you think the negroes of Iceland were responsible for the meltdown of Landsbanki?

The were the epicenter of it, without them, it wouldn't have gone nearly as bad.
Bullshit again!

The crisis was amplified by Wall Street derivatives and credit default swaps, and the derivatives and CDS sold all over the planet. Not the GSEs. If it was just the GSEs, this wouldn't have been anywhere near as big.
 
That's awesome. Can't wait for Sanders to push the post office bank to make subprime loans in bad neighborhoods. Because it's the right thing to do. LOL!
That's what PRIVATE banks did. All around the world.

Goldman Sachs, Lehman Brothers, Bear Stearns, Merrill Lynch, Morgan Stanley, and JP Morgan were not forced by the government to make those bad loans. They did it out of greed and stupidity.

Nice try.

Yeah, we could have the government push private banks to make bad loans, or we could have government run banks cut out the middle man and make the bad loans themselves.

That reminds me, how's the government takeover of student loans working out?

What does this have to do with giving more people more opportunities to do small monetary transactions at the post office instead of being gouged by check cashing stores?

Yes, thousands of branches with tiny, if any, balances.
Very profitable. Durr.
 

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