Does Trump really have a mandate? Far less than other guys.

[dblack]

We socialized risk and capitalized gain. And if it all went pear-shaped, the government would bail them out.

You finally got it right, there at the end. The real reason it happened.

 

[JoeB131]

You're right. We'd better have the government step in and tell people what they may and (more importantly) may not say.

Sound good to you, Comrade?

Not at all. Just remove the protections that they have against libel and slander.

Oh, you mean the people who got stuck in orbit because the Boeing/NASA partnership spacecraft sucked?

yup, that's the problem when you don't invest in a replacement vehicle because private contractors are looting the cashbox.

 

[JoeB131]

You finally got it right, there at the end. The real reason it happened.

Like a libertarian Child, you miss the point.

The government SHOULD have been watching what these banks were doing, but they didn't.

In the past we did, which is why we didn't have any more bank crashes between 1932 and 1989. Then the Republicans and Libertarians thought that was oppression.

 

[daveman]

Not at all. Just remove the protections that they have against libel and slander.

I'm all for that. Your belief that it won't impact leftists, however, is a pipe dream.

yup, that's the problem when you don't invest in a replacement vehicle because private contractors are looting the cashbox.

It was a private contractor that rescued the astronauts the faulty government vehicle stranded.

You just can't comprehend that the free market simply works better than the government. You brought up this example yourself, and you still refuse to see it.

 

[dblack]

Not at all. Just remove the protections that they have against libel and slander.

You're talking removing Section 230 of CDA, right?

When did you all change sides on this?

 

[dblack]

Like a libertarian Child, you miss the point.

It seems you did. Sometimes logic will lead you to new truth.

The government SHOULD have been watching what these banks were doing, but they didn't.

Nonsense. We just have to stop bailing them out.

In the past we did, which is why we didn't have any more bank crashes between 1932 and 1989. Then the Republicans and Libertarians thought that was oppression.

Yep. And it looks like the Republicans and Libertarians were right.

You drove us here. Why not get out and have a look around?

 

[daveman]

You're talking removing Section 230 of CDA, right?

When did you all change sides on this?

When Musk bought X and removed the conservative-silencing policy.

 

[JoeB131]

You're talking removing Section 230 of CDA, right?

When did you all change sides on this?

I didn't change sides, I just pointed out the problem.

Nonsense. We just have to stop bailing them out.

Nope, that would create much worse problems. Our economy wouldn't work if people just stuff money in their mattresses.

Yep. And it looks like the Republicans and Libertarians were right. You drove us here. Why not get out and have a look around?

Except they weren't right. They were the ones who called for deregulation. Deregulation meant that instead of banking being a boring business, everyone was rushing out like they were going out to the casino, with someone else's money.

 

[dblack]

When Musk bought X and removed the conservative-silencing policy.

Interesting. It's almost like neither side gave a single fuck about principle or integrity and just changed course with the political wind.

Doesn't this kind of thing give you whiplash?

 

[JoeB131]

When Musk bought X and removed the conservative-silencing policy.

When Musk turned X into a cesspool of misinformation and hate speech.

 

[JoeB131]

Interesting. It's almost like neither side gave a single fuck about principle or integrity and just changed course with the political wind.

Doesn't this kind of thing give you whiplash?

A foolish consistency is the hobgoblin of tiny minds.

The thing is, even the Social Media Platforms that TRY to moderate content often do it wrong. Often because they don't want to dedicate the people to review everything.

 

[dblack]

Nope, that would create much worse problems. Our economy wouldn't work if people just stuff money in their mattresses.

That's certainly what the bankers tell us.

Except they weren't right. They were the ones who called for deregulation. Deregulation meant that instead of banking being a boring business, everyone was rushing out like they were going out to the casino, with someone else's money.

They were going to the casino, but they knew the government would bail them out if they lost. There was limited risk, so there was limited caution. This is what "regulates" finance: the possibility of loss. You want to give them free insurance against that potential loss, at the taxpayer expense, and then lord it over them with regulations to make sure they don't take on too much risk.

 

[daveman]

Interesting. It's almost like neither side gave a single fuck about principle or integrity and just changed course with the political wind.

Doesn't this kind of thing give you whiplash?

Not personally. I've always opposed the "publisher not creator" protections for social media, especially when they actively silence one side or the other, and I don't care which side. I'm okay with rules. Just apply them fairly and equally.

 

[daveman]

When Musk turned X into a cesspool of misinformation and hate speech.

Poor widdle wefty, all exposed to scary conservative ideas!

Leftists are all sissy bedwetters.

 

[AzogtheDefiler]

It seems you did. Sometimes logic will lead you to new truth.

Nonsense. We just have to stop bailing them out.

Yep. And it looks like the Republicans and Libertarians were right.

You drove us here. Why not get out and have a look around?

Pelosi approves the bailouts aka TARP, which was fully repaid. McCain would not do it. For the record

 

[SweetTea]

Most Rural Counties would be even poorer if it weren't for government subsidies.

Nope, poor counties are blue in my state. The poorest people on the country vote Democrat. You weren't aware?

 

[Nostra]

Quite the contrary, I recognize that while government is frequently inept, corporations are just fucking evil.



Except my two businesses didn't collapse the economy in 2008. Yours did.

Pretty sure a lemonade stand going broke isn’t gonna crash anything, Cletus.

 

[Nostra]

Not a fiction, an established fact. The banks and real estate industry knew they were making bad loans to people who couldn't afford them, kept doing it, Set aside for a second that Bush's SEC, FDIC, and FSLIC weren't doing their jobs, even with the still fairly recent example of the S&L Crisis in 1990. (The one where Bush's Daddy had to raise taxes to save the S&L's)



Harris pushed for RESPONSIBLE home ownership. Again, it wasn't really poor people buying homes that was the problem here. It was middle class people buying McMansions they didn't need, and couldn't afford, on the hope to flip them in a few years.


Bush had Republican congresses from 2001 to 2007. The idea that he couldn't get a law passed if he wanted to is silly. He had no problem getting tax cuts for the rich and a war with Iraq through congress based on lies.



I think I've got a pretty good bead on it. Republicans fucked up the economy, because that's what they do.

That's why 10 of the last 11 recessions happened when Republicans were in charge. (The only exception being the 1980 recession that happened on Carter's watch.)

S & L crisis in 1990?

And you claim to be an expert on these things.


In the 1980s, the financial sector suffered through a period of distress that was focused on the nation’s savings and loan (S&L) industry. Inflation rates and interest rates both rose dramatically in the late 1970s and early 1980s. This produced two problems for S&Ls. First, the interest rates that they could pay on deposits were set by the federal government and were substantially below what could be earned elsewhere, leading savers to withdraw their funds. Second, S&Ls primarily made long-term fixed-rate mortgages. When interest rates rose, these mortgages lost a considerable amount of value, which essentially wiped out the S&L industry’s net worth

Savings and Loan Crisis

In the 1980s, the financial sector suffered through a period of distress that was focused on the nation's savings and loan industry.

www.federalreservehistory.org

 

[Nostra]

He had no coattails in the House. GOPs actually lost 2 seats. 4 Democrats won Senate races in states Trump won. He got less than 50% of the popular vote. The only mandate he has is what he can get through a 53-47 Senate and a House Majority that will start the session at 217-215. He's already burning political capital nominating wholly unqualified Cabinet and other administrative nominees.

312-226.

Landslide.

Mandate.

And a literal bitchslapping.

 

[JoeB131]

That's certainly what the bankers tell us.

That and common sense. Sensible banking is good for the economy. It creates investment opportunities. No one could own their own home without a mortgage. Starting businesses would be impossible.

They were going to the casino, but they knew the government would bail them out if they lost. There was limited risk, so there was limited caution. This is what "regulates" finance: the possibility of loss. You want to give them free insurance against that potential loss, at the taxpayer expense, and then lord it over them with regulations to make sure they don't take on too much risk.

Ah, a libertarian child speaks again. The problem wasn't that the government would bail them out, it was that the government wasn't minding the store. That none of these bankers went to jail or even lost their bonuses was the problem here.

Not personally. I've always opposed the "publisher not creator" protections for social media, especially when they actively silence one side or the other, and I don't care which side. I'm okay with rules. Just apply them fairly and equally.

And guess what, most of them do. Facebook has dinged me several times for reposting inaccurate memes that favor a left point of view.

Nope, poor counties are blue in my state. The poorest people on the country vote Democrat. You weren't aware?

Nope. Here's a list of the poorest counties in the US.

List of lowest-income counties in the United States - Wikipedia

en.wikipedia.org

Now, let's look for who the ones in the South voted for.

Union County Florida - Won by Trump. 5223 to 971
Wheeler County, GA - Won by Trump 1648 to 622
Telfair county GA - Won by Trump 2930 - 1274
Lake County, TN - Won by Trump - 1491 to 429
Bullock County, AL - Won by Harris (just being fair.


And this is an old story in Jesusland. The poorest, dumbest white person will vote for the interests of the rich, so long as they aren't equal to black people.