I expect Obama to STFU!

But--But--Obama BELIEVES that business should not make a profit. They must help the common man live happily and without sufffering in a Utopic society!!


Apparently, someone need to put Obama through economics 101. Business exist to make a profit. Without profit, a business cannot survive. When a business fails--people are put out of work. When too many business fails, unemployment rises. Banks work on a similiar principle. When banks loan too much money, they can also fail.


Homework problem for President Obama.
How can a bank extend more credit if extending too much credit can cause a bank to fail??
 
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But--But--Obama BELIEVES that business should not make a profit. They must help the common man live happily and without sufffering in a Utopic society!!


Apparently, someone need to put Obama through economics 101. Business exist to make a profit. Without profit, a business cannot survive. When a business fails--people are put out of work. When too many business fails, unemployment rises. Banks work on a similiar principle. When banks loan too much money, they can also fail.


Homework problem for President Obama.
How can a bank extend more credit if extending too much credit can cause a bank to fail??

People exist for their own purpose and not for the purpose of others such as creating jobs. To tell a business that you must invest and create jobs for the sake of the "common good" is just as silly as telling workers that they must work harder for the "common good" of making our businesses competitive in the world so they must work harder for that purpose. An employee and an employer both work for their own benefit and to expect anything else will create the same human misery that existed in slavery.

Seriously, when I hear Obama speak...I can barely contain my birdy finger from being flipped at his direction.
 
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The bankers knew what was required of them today. The same thing happened in March. The same result will happen now. Bankers don't tell the President to shut up. Banker's lawyers tell the President to shut up. Obama's plan was to shame a banker. He said so. What a tool.
 
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Has Obama talked with his TresSec?

Ya know, maybe, just maybe, complying with those stupid fucking stress test is what keeping banks from lending?
 
Amazing how all the posters who whined when the taxpayers bailed the banks out are now encouraging the banks to retain the same practices.
God forbid the Government tries to force the banks to repay the taxpayers
 
Has Obama talked with his TresSec?

Ya know, maybe, just maybe, complying with those stupid fucking stress test is what keeping banks from lending?

Yeah who needs solvent banks anyway?
If they run out of money before you get yours out? Tough.
You shuld have grabbed your bootstraps and pulled yourself to the window earlier.
You Snooze you lose.

Do You expect a socialist government to guarantee your deposits or something?
Sure we can bail the banks out again. It is only credit, not like it is real money, is it?
 
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Seriously, when I hear Obama speak...I can barely contain my birdy finger from being flipped at his direction.

:lol: My birdie finger has been in a sling for quite some time. I'm so sick and tired of seeing his face, looking up his nostrils, and hearing his voice I don't know what to do ... shooting my television is out of the question - but that applies to a lot of people on TV who piss me off.
 
Im going to have to agree. Obama really should shut up here before he looks dumber. I mean what does he think banks dont help the community by default when they making loans and finance businesses? I mean hello?! it's their job. You dont have to tell them to do their job.
 
Im going to have to agree. Obama really should shut up here before he looks dumber. I mean what does he think banks dont help the community by default when they making loans and finance businesses? I mean hello?! it's their job. You dont have to tell them to do their job.

That's the problem. These banks are not loaning and we expect them to.
 

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