D Senators protect big banks

[LordBrownTrout]

Again, both parties are complicit in their wars. W rolled in and O extended the wars. W could only dream of what O extended.

Man, the fucking hypocrisy.

The same Republicans who bitch that Obama pulled out of Iraq, are the same ones who complain he escalated in Afghanistan.

He didnt. He just re positioned the chairs .

 

[gipper]

The govt fixing something?! You have to be joking. Stimulus, bank bailouts, bubbles, endless wars? You call that fixing things?

Okay, guy, really too early in the morning to deal with Libertarian Children.

Unfortunately, that's not libertarian speak. Its just how bad our govt is. It would really be nice of they ever did offer up a real solution. I'm not against it.

Joe thinks government is wondrous. Just so you know the kind of mind you are debating.

 

[kaz]

And Clinton's policy was to threaten banks by hauling their CEOs in front of congress and pursuing them to force them to make more subprime loans. Then Clinton funded it with unlimited free Fed money.

Again, I htink you are a little confused. It wasn't the banks lending to poor people that was the problem, it was lending to middle class people buying more house than they needed that caused the bubble.

If you were ever a Republican, you'd know what's not true. As a newly minted socialist, sure, you could blame corporations for our ills. But you would know that the attacks on Republicans as being racists, sexists etc. are false as well as thinking Republicans hate the poor or love guns. And you would know only a portion of Republicans are religious.

Okay, dummy, going to explain it to you.

If people voted their ECONOMIC interests, the Republicans would never,ever win an election. Nobody in his right mind would vote to work harder for less money.

So what the Republicans did was play on people's religious, racial, and sexual fears. And they got pretty good with it, starting with Nixon, fine tuning it with Reagan and finishing up with the Bush Crime family until Trump started mainlining the racism rather than use the code words.

I think my problem was, I liked to believe the people I supported were good people. When Reagan used terms like "Welfare Queen", he was criticizing the system, not the people. Of course the "Welfare Queen" was just one mentally ill woman who learned how to game the system, but Reagan made it sound like she was the rule, not the exception.

How can you breathe while you gurgle up all that Marxist rhetoric? Socialism isn't in the interest of the people, it's in the interest of the politicians you mindlessly worship

 

[iamwhatiseem]

HAhahahaha....
Yes, and this perfectly explains that even as late as 2015, when Investment firms were lining up years of record profits... the O administration was still handing out our money to them. Even after repeatedly using our money to invest in overseas ventures...Obama continued to hand out the money. One year after the collapse, you might remember the story that broke that several Wall Street firms gave out record bonuses to execs....yet Obama had only began to provide free money.

Wow...the blind are truly blind.

Yes, the under-regulated banks were able to take some of the money and hand it out like candy. In essence, the fire was so large that we had to spray money on it like water, and some of it was comically mis-used. That doesn't change the fact that we had no other choices.

Now, tell me what you would have done under current laws at the time, so that I can enlighten my fellow CFPs and financial advisors on this issue. It's nice to know that I finally have a source for the real truth on this!
.

Nope, you don't get to do that.
You cannot excuse disastrous poor decision making by simply stating "well what would you have done... oh, don't know??"...and use that to continue to defend one of the greatest corruption moves in world history.
Which by the way, is still happening.

I'm merely dealing in reality, which is what had to be done at the time.

Second-guessing after the fact is easy. No one had any answers at the time, NO ONE, and this was all they had.
.

Not it isn't.
Bad decisions are what they are, bad decisions.
Effectively, no REALITY....is that the government created a false mortgage economy, and an overall false economy based on debt as income. Craftily and ingeniously created by Alan Greenspan. That in all levels of our society, the economy could be bolstered by simply providing unprecedented credit to all comers.
And then, who would have guessed, it all came crashing down, And that same government collected taxes from us - and used it to bailout that corruption...and then continued handing it out to build a new false economy.
And it is still happpening today.
THAT is reality.
And there is no excuse for it.

In late 2008, the American financial system was in collapse. It wasn't in danger of collapsing, it wasn't about to collapse, it wasn't thinking about collapsing. It was in collapse.

When all was said and done, when all options were explored, there were effectively two choices: Takeover (socialization) of both the banking and credit markets, at least "temporarily", or throwing money at it, hoping enough stuck. That's it. And of course, socialization wasn't going to happen, especially with a Republican in the White House.

Populist/partisan pie-throwing after the fact is worthless, and it purposely ignores how quickly and completely things were falling apart. They did whatever they had to do to save the patient, and I'm glad they did.
.

You will not find partisan pie throwing from me. An dthat is not what I am doing.
Republicans/Democrats - there is but a nickles difference overall. They both are wholly corrupt. They both colluded to create the 80's/90's false economy. And we are paying for it now.

 

[iamwhatiseem]

Hahaha.... It was Obama that blindly propped up the banks for 8 years, that despite record profits - continued to get more and more and more free money - but it is conservatives that bend over for them.

The stupidity knows no limits.

I realize that the mean old black man scared you.... but you really need to get over it.

Obama saved the economy. Not to worry, Cheeto Jesus will fuck it up again soon enough.

Your mom is fixing your bologna sandwhich, you should go upstairs to get it rather than waiting on her to bring it to you.

 

[JoeB131]

Unfortunately, that's not libertarian speak. Its just how bad our govt is. It would really be nice of they ever did offer up a real solution. I'm not against it.

Okay, whatever, guy. Frankly most of my interactions with government have been pretty positive. But you keep muttering or whatever it is you do.

 

[JoeB131]

How can you breathe while you gurgle up all that Marxist rhetoric? Socialism isn't in the interest of the people, it's in the interest of the politicians you mindlessly worship

Okay, guy, when you blurt out the word socialism to defend the people you like, i just have to laugh at you.

We had a pretty good system before Reagan started fucking with it. Working class folks belonged to unions, brought home good paychecks, and lived a pretty good life.

The GOP has been the masters of undoing that while convincing uneducated white people that the darkies are the reason why they are miserable now.

 

[JoeB131]

Your mom is fixing your bologna sandwhich, you should go upstairs to get it rather than waiting on her to bring it to you.

Wow, that shows a bit of desperation when losing an argument...

my mom passed away back in the 1980's (Part of the reason why I;m an atheist today.)

But I totally get why you guys are upset. Mr. White Christian Bush fucked you all, and you needed to blame the black guy.

 

[Disir]

The D Party is a bad joke (exactly like the Rs), but the rank and file don’t know it. They are too busy screaming incoherently
...TRUMP
...RUSSIA
...PUTIN
...GUNS
...NRA

All the while ignoring the party’s continued lies, corruption, and screwing of Bernie.

Sad...very sad. This should open eyes, but won’t.

Sure they do. They just don't care. They don't have to care.

 

[gipper]

Your mom is fixing your bologna sandwhich, you should go upstairs to get it rather than waiting on her to bring it to you.

Wow, that shows a bit of desperation when losing an argument...

my mom passed away back in the 1980's (Part of the reason why I;m an atheist today.)

But I totally get why you guys are upset. Mr. White Christian Bush fucked you all, and you needed to blame the black guy.

No. Logical and intelligent people (you obviously aren't included) blame both guys. You being a race baiter, can't comprehend logic and lack intelligence.

Being an atheist because your Mom died (sorry to hear that Joe) in the 80s, is illogical. Is it your way of getting back at God? If so, I don't think He gives a rip.

 

[kaz]

How can you breathe while you gurgle up all that Marxist rhetoric? Socialism isn't in the interest of the people, it's in the interest of the politicians you mindlessly worship

Okay, guy, when you blurt out the word socialism to defend the people you like, i just have to laugh at you.

We had a pretty good system before Reagan started fucking with it. Working class folks belonged to unions, brought home good paychecks, and lived a pretty good life.

The GOP has been the masters of undoing that while convincing uneducated white people that the darkies are the reason why they are miserable now.

Sure, guy. When you voted for Trump you were doing it for darkies. Obviously you're a racist since you worship the clown. You only like white people and orange people

 

[kaz]

The only think scary about the brown buffoon was his worthless foreign and domestic policies.

Yeah, Peace and Prosperity... that was tots fucked up, man.

You see, when I was a kid back in the 1970's, my parents said, "Republicans give us Recessions, and Democrats give us wars". Clearly, from their viewpoint, both were bad.

Today Republicans give us wars and recessions...

And Democrats expand the wars and expand the recessions. Obama just spent eight years proving that

 

[iamwhatiseem]

Your mom is fixing your bologna sandwhich, you should go upstairs to get it rather than waiting on her to bring it to you.

Wow, that shows a bit of desperation when losing an argument...

my mom passed away back in the 1980's (Part of the reason why I;m an atheist today.)

But I totally get why you guys are upset. Mr. White Christian Bush fucked you all, and you needed to blame the black guy.

Wrong again and again. And again. But you know that.
Obviously I am not talking about your Mother, but alluding to you living in your parents basement kind of thing.
Point being...why are you even here? Why spend so much time of your life simply throwing rocks over the fence?
Sure their are plenty of others throwing rocks right back at you, but you guys haven't realized by now it's the same fucking rocks??
Pointless. A massive waste of time that also provides the very foundation that Washington is so screwed up. As long as they have us all divided among imaginary teams fuming and yelling at each other - they continue to get to do all that they do - which is screwing us.
Your refusal to accept ANY blame or fault on "your side" is juvenile and counter productive.
You call yourself a leftist and believe Obama was a good President??????? That is laughable. And you bet, anyone calling themselves a conservative believe GW was a good President is equally an idiot.
In Obama's chief advisers and cabinet members sat Larry Summers. That alone should be enough for you to know Obama is a corporatist. That alone should tell you everything you need to know about whether he represented YOU or special interest.
But you don't care. You will continue to throw your little rocks.

 

[JoeB131]

Point being...why are you even here? Why spend so much time of your life simply throwing rocks over the fence?
Sure their are plenty of others throwing rocks right back at you, but you guys haven't realized by now it's the same fucking rocks??
Pointless. A massive waste of time that also provides the very foundation that Washington is so screwed up. As long as they have us all divided among imaginary teams fuming and yelling at each other - they continue to get to do all that they do - which is screwing us.

Well, first, I spend maybe a hour a day here when I'm not working one of my two jobs. (Sleep is overrated)

Second, if we have "teams", it's because there are sincere differences on important issues.

 

[iamwhatiseem]

Point being...why are you even here? Why spend so much time of your life simply throwing rocks over the fence?
Sure their are plenty of others throwing rocks right back at you, but you guys haven't realized by now it's the same fucking rocks??
Pointless. A massive waste of time that also provides the very foundation that Washington is so screwed up. As long as they have us all divided among imaginary teams fuming and yelling at each other - they continue to get to do all that they do - which is screwing us.

Well, first, I spend maybe a hour a day here when I'm not working one of my two jobs. (Sleep is overrated)

Second, if we have "teams", it's because there are sincere differences on important issues.

Why not make admittance that "your side" is equally corrupt.
Do you know who Larry Summers is?
You should.

 

[JoeB131]

Why not make admittance that "your side" is equally corrupt.
Do you know who Larry Summers is?
You should.

Yeah, he was the guy who ran the economy for Clinton.

When we had 3.9% unemployment, you could send out a resume written in fucking crayon and get a better job. That's what I remember about Larry Summers.