Trump must enact rules on banks so that a financial crisis never happens again. NEVER AGAIN, FOLKS!

[basquebromance]

here's the bottom line, my friends: big bankers made a fortune by cheating people & stealing money

bank regulators knew about the swindle and could have shut it down, but did nothing.

30 million people became jobless. 10 million people became homeless.

thousands of suicides were linked to the financial crisis.

the 2008 crash cost the economy 22 trillion and more human pain than anyone could ever count.

 

[g5000]

here's the bottom line, my friends: big bankers made a fortune by cheating people & stealing money

bank regulators knew about the swindle and could have shut it down, but did nothing.

30 million people became jobless. 10 million people became homeless.

thousands of suicides were linked to the financial crisis.

the 2008 crash cost the economy 22 trillion and more human pain than anyone could ever count.

What rules would you like to see Trump enact?

 

[basquebromance]

here's the bottom line, my friends: big bankers made a fortune by cheating people & stealing money

bank regulators knew about the swindle and could have shut it down, but did nothing.

30 million people became jobless. 10 million people became homeless.

thousands of suicides were linked to the financial crisis.

the 2008 crash cost the economy 22 trillion and more human pain than anyone could ever count.

What rules would you like to see Trump enact?

if you're too big to fail, brother, you're too big to exist!

 

[Billy_Kinetta]

Don't grant loans to people who cannot pay them back.

 

[g5000]

Don't grant loans to people who cannot pay them back.

Investors have loaned $22 trillion to the US government, and the taxpayers cannot pay it back.

So should investors stop lending to the federal government?

 

[g5000]

here's the bottom line, my friends: big bankers made a fortune by cheating people & stealing money

bank regulators knew about the swindle and could have shut it down, but did nothing.

30 million people became jobless. 10 million people became homeless.

thousands of suicides were linked to the financial crisis.

the 2008 crash cost the economy 22 trillion and more human pain than anyone could ever count.

What rules would you like to see Trump enact?

if you're too big to fail, brother, you're too big to exist!

Describe too big to fail and how you would regulate that.

 

[basquebromance]

after the crash blew our economy into the Stone Age, Republicans continued to sing the song of deregulation. Congressman Bob Sacamano of California said: "my view is that Washington and the regulators are there to serve the banks!"

yeah, the bank regulators served the banks all right, and they wrecked the american economy in the process!

 

[g5000]

I would like to see an insurable interest requirement for all credit default swaps. It is amazing to me such a regulation does not exist to this day. The lack of this requirement played a big part in the last crash.

 

[g5000]

So...specifics, please.

 

[basquebromance]

So...specifics, please.

financial regulations matter. FINANCIAL REGULATIONS MATTER.

 

[basquebromance]

my friends, just like we paid dearly for the deadly mistakes of reaganomics, we will pay dearly for the deadly mistakes of trumponomics

 

[Billy_Kinetta]

Don't grant loans to people who cannot pay them back.

Investors have loaned $22 trillion to the US government, and the taxpayers cannot pay it back.

So should investors stop lending to the federal government?

Being strong-armed into making home mortgage loans to those who cannot afford them has no relation to your statement.

Next time Sharpton comes calling, bounce his ass out the door.

Housing Finance and the 2008 Financial Crisis

Next, student loans, or how to spend $100,000 on a degree in 20th Century Feminist Poetry.

 

[basquebromance]

my friends, once one of the big banks cheat, everyone else is left in a bind. follow the cheater or get left behind?

 

[g5000]

Don't grant loans to people who cannot pay them back.

Investors have loaned $22 trillion to the US government, and the taxpayers cannot pay it back.

So should investors stop lending to the federal government?

Being strong-armed into making home mortgage loans to those who cannot afford them has no relation to your statement.

Next time Sharpton comes calling, bounce his ass out the door.

Housing Finance and the 2008 Financial Crisis

Next, student loans, or how to spend $100,000 on a degree in 20th Century Feminist Poetry.

They weren't strong-armed. That CRA bullshit is a hoax, and parroted only by dumb rubes who haven't a clue about what really happened.

I am frankly amazed there are still retards who parrot that bullshit. It was debunked ages ago.

 

[basquebromance]

So...specifics, please.

for starters, my friends, we need a modern version of Glass-Steagall to separate plain-vanilla banking like checking accounts and savings accounts from crazy risk-taking on wall street.

in 2016, my friends, Trump campaigned on this idea, and it was added to the republican platform on his insistence.

 

[g5000]

Tell me something, tards. When all your neighbors in your white middle class town foreclosed, did you say to yourselves, "I had no idea Biff was a Negro!"?

 

[basquebromance]

here's another idea, my friends: the SEC should hire a leader who doesnt work on Wall Street.

the guy who heads up the SEC now, my friends, has built an entire career protecting wall street from government regulators.

anyone who thinks he's suddenly gonna get tough on the same people who fed him so well for so many years doesnt know the chummy Wall Street fraternity, my friends.

 

[Billy_Kinetta]

Don't grant loans to people who cannot pay them back.

Investors have loaned $22 trillion to the US government, and the taxpayers cannot pay it back.

So should investors stop lending to the federal government?

Being strong-armed into making home mortgage loans to those who cannot afford them has no relation to your statement.

Next time Sharpton comes calling, bounce his ass out the door.

Housing Finance and the 2008 Financial Crisis

Next, student loans, or how to spend $100,000 on a degree in 20th Century Feminist Poetry.

They weren't strong-armed. That CRA bullshit is a hoax, and parroted only by dumb rubes who haven't a clue about what really happened.

I am frankly amazed there are still retards who parrot that bullshit. It was debunked ages ago.

Right. Who debunked it?

 

[Billy_Kinetta]

Tell me something, tards. When all your neighbors in your white middle class town foreclosed, did you say to yourselves, "I had no idea Biff was a Negro!"?

No one in my neighborhood foreclosed. Yours?

 

[H B Lowrie]

here's the bottom line, my friends: big bankers made a fortune by cheating people & stealing money

bank regulators knew about the swindle and could have shut it down, but did nothing.

30 million people became jobless. 10 million people became homeless.

thousands of suicides were linked to the financial crisis.

the 2008 crash cost the economy 22 trillion and more human pain than anyone could ever count.

Bwa ha ha ha, too late and utterly bipartisanly so, get ready to float the Wall Street/donor/"job creator" class with more socialism for the aristocracy.