Which has led to how many Stock Markets crashes?
actually crashes:
1) a far far better idea than letting a soviet bureaucracy own and run the banks
Worked so well they had to be saved right.....................Nice back door the Federal Reserve has there.............It's a members only club though..................
Both sides were in on the bailout......but the bailout was bogus anyway with the Federal Reserve Back door open.........If you are saying those that failed should have been put under......their assets seized............for losing in the Casino of Wall Street then I agree............Um....."too big to fail" is the result of left-wing government intervention, genius. True free-market would result in those banks, companies, etc. failing.
Only a liberal could cite the failure of free-market capitalism but providing "evidence" of
Yes....both sides were in on the bailout because both sides are now FULL left-wing policy supporters. Republican's are made up of Kennedy-era liberals and Democrats are made up of marxists/socialists/communists.Both sides were in on the bailout......but the bailout was bogus anyway with the Federal Reserve Back door open.........If you are saying those that failed should have been put under......their assets seized............for losing in the Casino of Wall Street then I agree............Um....."too big to fail" is the result of left-wing government intervention, genius. True free-market would result in those banks, companies, etc. failing.
I would have seized their assets and put them out for the shit they pulled............They gambled and failed and should suffer a failures fate on the markets.........................Only a liberal could cite the failure of free-market capitalism but providing "evidence" of
Yes....both sides were in on the bailout because both sides are now FULL left-wing policy supporters. Republican's are made up of Kennedy-era liberals and Democrats are made up of marxists/socialists/communists.Both sides were in on the bailout......but the bailout was bogus anyway with the Federal Reserve Back door open.........If you are saying those that failed should have been put under......their assets seized............for losing in the Casino of Wall Street then I agree............Um....."too big to fail" is the result of left-wing government intervention, genius. True free-market would result in those banks, companies, etc. failing.
And YES....I'm absolutely saying that every bank, every auto manufacturer, etc. should have been left to fail and collapse. There is nothing dumber than propping up failure and that's exactly what the bailouts did.
But here is the problem - in all of your outrage and anger, you fail to reason why all of this happened. Every part of it was the result of left-wing government intervention policy.I would have seized their assets and put them out for the shit they pulled............They gambled and failed and should suffer a failures fate on the markets.........................Only a liberal could cite the failure of free-market capitalism but providing "evidence" of
Yes....both sides were in on the bailout because both sides are now FULL left-wing policy supporters. Republican's are made up of Kennedy-era liberals and Democrats are made up of marxists/socialists/communists.Both sides were in on the bailout......but the bailout was bogus anyway with the Federal Reserve Back door open.........If you are saying those that failed should have been put under......their assets seized............for losing in the Casino of Wall Street then I agree............Um....."too big to fail" is the result of left-wing government intervention, genius. True free-market would result in those banks, companies, etc. failing.
And YES....I'm absolutely saying that every bank, every auto manufacturer, etc. should have been left to fail and collapse. There is nothing dumber than propping up failure and that's exactly what the bailouts did.
To the liberal comments..........I don't give a fuck what you want to call me................They put perfume on shit and nearly took our country down.............Hang them for all I care.
Clinton signed it, and it was pushed for by the Republican party.............. both sides did the deal........and that signing allowed self regulation which proved to be a disaster.................But here is the problem - in all of your outrage and anger, you fail to reason why all of this happened. Every part of it was the result of left-wing government intervention policy.I would have seized their assets and put them out for the shit they pulled............They gambled and failed and should suffer a failures fate on the markets.........................Only a liberal could cite the failure of free-market capitalism but providing "evidence" of
Yes....both sides were in on the bailout because both sides are now FULL left-wing policy supporters. Republican's are made up of Kennedy-era liberals and Democrats are made up of marxists/socialists/communists.Both sides were in on the bailout......but the bailout was bogus anyway with the Federal Reserve Back door open.........If you are saying those that failed should have been put under......their assets seized............for losing in the Casino of Wall Street then I agree............Um....."too big to fail" is the result of left-wing government intervention, genius. True free-market would result in those banks, companies, etc. failing.
And YES....I'm absolutely saying that every bank, every auto manufacturer, etc. should have been left to fail and collapse. There is nothing dumber than propping up failure and that's exactly what the bailouts did.
To the liberal comments..........I don't give a fuck what you want to call me................They put perfume on shit and nearly took our country down.............Hang them for all I care.
It was Bill Clinton's illegal and asinine 1997 Community Re-Investment Act (which was originally done by Jimmy Carter) which incentivized banks to "gamble". When it's the bank's ass on the line for the loan, they refuse to take risk. But the Dumbocrats, in their infinite socialist stupidity believed that everyone should own a home, even if they couldn't afford it. So the Act incentivized banks to make risky loans and promised them that they weren't on the hook for the loans - the tax payer would be via Fannie Mae and Freddie Mac. The banks, having no skin in the game, now started throwing money around wildly and irresponsibly.
It not only killed our economy, it also created the "housing bubble" as houses were bought and/or built for all of these people that couldn't afford it. Eventually many defaulted and the market became saturated with homes that banks were trying to get out from under with a fire sale. That caused all housing prices to plummet.
History has proven that liberal policy / government intervention has a failure rate of 100%.
