Free marketeer admits regulation is key

[Truthmatters]

if you would bother to notice everything in wiki is sourced.

It is not just wiki its history.

You just refuse anything that makes it hard for you to keep following like a sheep your one little site.

If you would bother to notice reality then you would notice that your interpretation of history leaves out a lot of history.

No it doesnt you are just saying that because you dont know what else to say.

http://www.usmessageboard.com/economy/100035-list-of-all-the-recessions-in-the-us.html

 

[Kevin_Kennedy]

if you would bother to notice everything in wiki is sourced.

It is not just wiki its history.

You just refuse anything that makes it hard for you to keep following like a sheep your one little site.

If you would bother to notice reality then you would notice that your interpretation of history leaves out a lot of history.

No it doesnt you are just saying that because you dont know what else to say.

http://www.usmessageboard.com/economy/100035-list-of-all-the-recessions-in-the-us.html

No, I am just saying that because I know that trying to prove any facts to you is waste of my time.

 

[The Rabbi]

http://www.usmessageboard.com/economy/100035-list-of-all-the-recessions-in-the-us.html

If you would look at the evidence that history contains without yout misers gogles you would see just how shitty unfettered capitalism is to the human beings living under it.

That's like saying if you look at all the top doctors in the country prior to World War I you see how shitty they were because their patients all died.

 

[Anguille]

ATLANTA - Regulatory failure, not low interest rates, was responsible for the housing bubble and subsequent financial crisis of the last decade, Ben S. Bernanke, the Federal Reserve chairman, said in a speech on Sunday.
Mr. Bernanke's remarks, perhaps his strongest language yet assessing the roots of the financial

oops...

Too bad Bernanke can't regulate credit card, pawn shop and payday lender interest rates.

Without greed we'd have no need for regulation.

 

[The Rabbi]

ATLANTA - Regulatory failure, not low interest rates, was responsible for the housing bubble and subsequent financial crisis of the last decade, Ben S. Bernanke, the Federal Reserve chairman, said in a speech on Sunday.
Mr. Bernanke's remarks, perhaps his strongest language yet assessing the roots of the financial

oops...

Too bad Bernanke can't regulate credit card, pawn shop and payday lender interest rates.

Without greed we'd have no need for regulation.

Without greed we would have no need for anything except someone to hand us our food. Of course no one would be around to do that because there would be no money.

I am amazed at the protestations against "greed" that come up again and again. Greed, the desire for money, is the motivating factor in any economy. And that includes the communist ones. Look at the things around you as you read this. Every one of them got to where it was because someone, somewhere, wanted to make money and get rich. And you benefitted from all that greed.
So those decrying greed are merely ungrateful bastards.

 

[Anguille]

oops...

Too bad Bernanke can't regulate credit card, pawn shop and payday lender interest rates.

Without greed we'd have no need for regulation.

Without greed we would have no need for anything except someone to hand us our food. Of course no one would be around to do that because there would be no money.

I am amazed at the protestations against "greed" that come up again and again. Greed, the desire for money, is the motivating factor in any economy. And that includes the communist ones. Look at the things around you as you read this. Every one of them got to where it was because someone, somewhere, wanted to make money and get rich. And you benefitted from all that greed.
So those decrying greed are merely ungrateful bastards.

Sorry to offend you. Are you a pawn broker?

 

[Shogun]

sounds like SOMEONE watched Wall Street one too many fucking times.

 

[elvis]

sounds like SOMEONE watched Wall Street one too many fucking times.

This is the kid..... calls me 59 days in a row.. wants to be a player. there oughtta be a picture of ya in the dictionary under persistence, kid.

 

[Anguille]

sounds like SOMEONE watched Wall Street one too many fucking times.

 

[The Rabbi]

Too bad Bernanke can't regulate credit card, pawn shop and payday lender interest rates.

Without greed we'd have no need for regulation.

Without greed we would have no need for anything except someone to hand us our food. Of course no one would be around to do that because there would be no money.

I am amazed at the protestations against "greed" that come up again and again. Greed, the desire for money, is the motivating factor in any economy. And that includes the communist ones. Look at the things around you as you read this. Every one of them got to where it was because someone, somewhere, wanted to make money and get rich. And you benefitted from all that greed.
So those decrying greed are merely ungrateful bastards.

Sorry to offend you. Are you a pawn broker?

Sometimes. I have been a subprime mortgage broker though.
But nice deflection from the point.
Are you a deadbeat?

 

[Care4all]

Well Bernanke is not a free marketer. And since he is almost singlehandedly responsible for the current mess, and also up for re-appointment, what would you expect him to say?

But your headline reads better for people intent on finding ways to make socialism look good. Coming up next, Conservative agrees health care bill is great idea, featuring Ben Nelson.

FYI....he is NOT up for reappointment, he was reappointed in February 2009....he's there till 2012.

Ben Bernanke
From Wikipedia, the free encyclopedia

Ben Bernanke

14th Chairman of the Federal Reserve
Incumbent
Assumed office
February 1, 2006
Deputy Donald Kohn
Nominated by George W. Bush
Barack Obama
Preceded by Alan Greenspan
23rd Chair of the Council of Economic Advisors
In office
2005 – 2006
President George W. Bush
Preceded by Harvey S. Rosen
Succeeded by Edward Lazear
Board of Governors of the Federal Reserve System
In office
2002 – 2005
Nominated by George W. Bush
Born December 13, 1953 (1953-12-13) (age 56)
Augusta, Georgia
Nationality American
Spouse(s) Anna Friedmann
Alma mater Harvard University (B.A.)
MIT (Ph.D.)

Ben Shalom Bernanke[1] (pronounced /bərˈnænki/ bər-NAN-kee;[2] born December 13, 1953) is an American economist, and the current Chairman of the United States Federal Reserve. Bernanke, a Republican who was appointed by President George W. Bush in October 2005 and who had briefly served as chairman of President Bush’s Council of Economic Advisers,[3] succeeded Alan Greenspan on February 1, 2006. He was nominated for a second term by President Barack Obama in 2009 as the Chairman of the Federal Reserve.

Ben Bernanke - Wikipedia, the free encyclopedia

 

[Care4all]

Main Entry: greed
Pronunciation: \ˈgrēd\
Function: noun
Etymology: back-formation from greedy
Date: 1609

: a selfish and excessive desire for more of something (as money) than is needed

 

[Procrustes Stretched]

Yes, CRA was to blame

OMG! Not the CRA?

eeeeeeeeeeeeeek!

 

[Procrustes Stretched]

ATLANTA - Regulatory failure, not low interest rates, was responsible for the housing bubble and subsequent financial crisis of the last decade, Ben S. Bernanke, the Federal Reserve chairman, said in a speech on Sunday.
Mr. Bernanke's remarks, perhaps his strongest language yet assessing the roots of the financial

oops...

Too bad Bernanke can't regulate credit card, pawn shop and payday lender interest rates.

Without greed we'd have no need for regulation.

Bernanke and the FED do not regulate financial industries like credit cards and check cashing....

WTF r u yapping about?

 

[Procrustes Stretched]

yea... the same type of people also thew Greenspan under a bus after his infamous testimony too..


it's like a fucking cult or something.

not ''like'' a cult. they are a cult.

 

[Procrustes Stretched]

derrr derrrrr... Greenspan hates the free market too! derrrr derrrrrr..




I'm with Pat on this one. I'm tired of being led along some mythical chase for a jackelope free market system that is quickly touted as "just not free enough to show the benefits" every time we continue to eat the shit of the econ opinion of what is quickly becoming nothing more than a cult who seems to think non-wall street journal readers confuse the taste of poop with chocolate.
A Decade of Self-Delusion - HUMAN EVENTS

nuf said

 

[antagon]

oops...

Too bad Bernanke can't regulate credit card, pawn shop and payday lender interest rates.

Without greed we'd have no need for regulation.

Without greed we would have no need for anything except someone to hand us our food. Of course no one would be around to do that because there would be no money.

I am amazed at the protestations against "greed" that come up again and again. Greed, the desire for money, is the motivating factor in any economy. And that includes the communist ones. Look at the things around you as you read this. Every one of them got to where it was because someone, somewhere, wanted to make money and get rich. And you benefitted from all that greed.
So those decrying greed are merely ungrateful bastards.

could you mean ambition? greed connotes impending failure.

 

[Procrustes Stretched]

Without greed we would have no need for anything except someone to hand us our food. Of course no one would be around to do that because there would be no money.

I am amazed at the protestations against "greed" that come up again and again. Greed, the desire for money, is the motivating factor in any economy. And that includes the communist ones. Look at the things around you as you read this. Every one of them got to where it was because someone, somewhere, wanted to make money and get rich. And you benefitted from all that greed.
So those decrying greed are merely ungrateful bastards.

What a crock of shit. Greed is not what you.ve defined it as.

People have become wealthy by performing or inventing, etc...not because they were chasing an accumulation of money, but other things.
Working for money to buy things is not greed.

you need to check back into recovery

 

[manu1959]

ATLANTA - Regulatory failure, not low interest rates, was responsible for the housing bubble and subsequent financial crisis of the last decade, Ben S. Bernanke, the Federal Reserve chairman, said in a speech on Sunday.
Mr. Bernanke's remarks, perhaps his strongest language yet assessing the roots of the financial

oops...

yep they passed regulations requiring banks to make high risk loans an lower the requirements it happened in the 70's and 80's and 90's......guess what they just put the regulations back where they were .... pre 70's.....no more no money down loans with no checking financial statments.....

 

[The Rabbi]

Well Bernanke is not a free marketer. And since he is almost singlehandedly responsible for the current mess, and also up for re-appointment, what would you expect him to say?

But your headline reads better for people intent on finding ways to make socialism look good. Coming up next, Conservative agrees health care bill is great idea, featuring Ben Nelson.

FYI....he is NOT up for reappointment, he was reappointed in February 2009....he's there till 2012.

[

Oh, OK. So I guess ABC News doesn't know what it's talking about.
Ben Bernanke Reappointment to Federal Reserve Bank: Senate Banking Committee - ABC News