the main reason why OWS is hilariously stupid

I think the government deserves some of the blame for not doing their job. But the thing was, at the end of the day, the banks were the ones who lobbied for laxer enforcement and regulation, they were the ones who decided to take all that bad paper, bundle it and sell it to other people.

If the banks had acted in an ethical, practical way, then there wouldn't have been a need for the government to act.

Same thing about jobs. I think the government has done a terrible job signing every free trade treaty with every country in the world while those countries have done nothing to really take our products. But at the end of the day, companies decided that, hey, hollowing out the middle class so we can pay ourselves bigger bonuses is a nifty idea.

The ironic thing is we capitalized rewards and socialized risk. The banks were able to take unnecessary risks because they knew there was no downside. They'd get bailed out and no one would get prosecuted.



If they were within the law in conducting business the way they were conducting business, then the lawmakers were the ones at fault.

WC Fileds said that you can't cheat an honest man. It is only when we try to get something for nothing that we expose ourselves to the kind of problems that we are currently in. Lawmakers who have no clue and no integrity combined with the citzenry that has the same shortcomings are what caused our current mess.

The bankers are as at fault as is a hand gun in a suicide.

Are you forking nuts?

NOBODY forced the banksters to loan money.

In fact it was the banksters lobbying for lax regulations which made it possible for them to create dubious debt instruments which they foisted onto the unsuspecting bond buyers.

Seriously go read a fucking book.

Why dont you go read a book asshole....................

If you bothered to take your head out of your ass for a breath of air you would have seen who is or was pushing bamks.

Your stupidity on the subject is just amazing.

So dumbass now that I have your blood boiling , try going to utube and use two tags.

Can you handle that moron....

The tags are Cuomo , banks.

Do we have to hold your patheic hand moron?
 
Here's my main complaint with Obama and Wall Street.

Where are the prosecutions?

When Enron failed as part of the 2001-2 collapse, George W. Bush's justice department went after Enron with a vengence. Everyone said that Enron had the Bush people in their back pocket, but Bush still sent the key players to prison. (Ken Lay had a heart attack before he saw the inside of a cell).

Why hasn't Obama prosecuted the people responsible for the 2008 collapse? Maybe because a lot of them were his top donors.
There have been literally dozens of prosecutions, and a handful of convictions.
 
they bitch about bailouts.
they bitch about the housing bubble.
they bitch about jobs.

yet they protest wall st instead of the government. the same government that caused each one of those problems. if OWS had any sense they would join forces with the tea party (in an economic context...socially not so much obviously) to get sound money and the free market back on track without the government getting in the way. But nope, these OWS idiots would rather protest middle men and scapegoats and give the real problem a free pass. well done.

I think the government deserves some of the blame for not doing their job. But the thing was, at the end of the day, the banks were the ones who lobbied for laxer enforcement and regulation, they were the ones who decided to take all that bad paper, bundle it and sell it to other people.

If the banks had acted in an ethical, practical way, then there wouldn't have been a need for the government to act.

Same thing about jobs. I think the government has done a terrible job signing every free trade treaty with every country in the world while those countries have done nothing to really take our products. But at the end of the day, companies decided that, hey, hollowing out the middle class so we can pay ourselves bigger bonuses is a nifty idea.

The ironic thing is we capitalized rewards and socialized risk. The banks were able to take unnecessary risks because they knew there was no downside. They'd get bailed out and no one would get prosecuted.

That's not quite true. The Community Reinvestment Act was passed by Jimmy Carter, but given teeth by Bill Clinton. Banks and lenders were severely punished for not giving out the liar loans, no doc loans, and loans to people KNOWN not to pay their bills.

This is so wrong it could only come from rightwing radio.

CRA-regulated institutions weren't permitted to give liar loans, which is why 80% of subprime loans originated in firms that were not under CRA regulation.
 
Here's my main complaint with Obama and Wall Street.

Where are the prosecutions?

When Enron failed as part of the 2001-2 collapse, George W. Bush's justice department went after Enron with a vengence. Everyone said that Enron had the Bush people in their back pocket, but Bush still sent the key players to prison. (Ken Lay had a heart attack before he saw the inside of a cell).

Why hasn't Obama prosecuted the people responsible for the 2008 collapse? Maybe because a lot of them were his top donors.
There have been literally dozens of prosecutions, and a handful of convictions.

Yes there has, but that doesnt explain away the hiring of these execs for the admin. Or the contributions Obama received.
 
Here's my main complaint with Obama and Wall Street.

Where are the prosecutions?

When Enron failed as part of the 2001-2 collapse, George W. Bush's justice department went after Enron with a vengence. Everyone said that Enron had the Bush people in their back pocket, but Bush still sent the key players to prison. (Ken Lay had a heart attack before he saw the inside of a cell).

Why hasn't Obama prosecuted the people responsible for the 2008 collapse? Maybe because a lot of them were his top donors.
There have been literally dozens of prosecutions, and a handful of convictions.

Yes there has, but that doesnt explain away the hiring of these execs for the admin. Or the contributions Obama received.

Which Financial Institution CEO's during the crisis have been hired by the administration?
 
Maybe you could explain the insistence of democrats insuring all those corrupt execs got bonuses while your at it.
 
I think the government deserves some of the blame for not doing their job. But the thing was, at the end of the day, the banks were the ones who lobbied for laxer enforcement and regulation, they were the ones who decided to take all that bad paper, bundle it and sell it to other people.

If the banks had acted in an ethical, practical way, then there wouldn't have been a need for the government to act.

Same thing about jobs. I think the government has done a terrible job signing every free trade treaty with every country in the world while those countries have done nothing to really take our products. But at the end of the day, companies decided that, hey, hollowing out the middle class so we can pay ourselves bigger bonuses is a nifty idea.

The ironic thing is we capitalized rewards and socialized risk. The banks were able to take unnecessary risks because they knew there was no downside. They'd get bailed out and no one would get prosecuted.

That's not quite true. The Community Reinvestment Act was passed by Jimmy Carter, but given teeth by Bill Clinton. Banks and lenders were severely punished for not giving out the liar loans, no doc loans, and loans to people KNOWN not to pay their bills.

This is so wrong it could only come from rightwing radio.

CRA-regulated institutions weren't permitted to give liar loans, which is why 80% of subprime loans originated in firms that were not under CRA regulation.

Fannie started No-Income No Asset. How is it a lie when the government is telling you they will take your loan no questions asked?
 
That's not quite true. The Community Reinvestment Act was passed by Jimmy Carter, but given teeth by Bill Clinton. Banks and lenders were severely punished for not giving out the liar loans, no doc loans, and loans to people KNOWN not to pay their bills.

This is so wrong it could only come from rightwing radio.

CRA-regulated institutions weren't permitted to give liar loans, which is why 80% of subprime loans originated in firms that were not under CRA regulation.

Fannie started No-Income No Asset. How is it a lie when the government is telling you they will take your loan no questions asked?

Well Frank, perhaps you should look more closely at what I wrote and compare it to what you said. You'll notice a difference.
 
they bitch about bailouts.
they bitch about the housing bubble.
they bitch about jobs.

yet they protest wall st instead of the government. the same government that caused each one of those problems. if OWS had any sense they would join forces with the tea party (in an economic context...socially not so much obviously) to get sound money and the free market back on track without the government getting in the way. But nope, these OWS idiots would rather protest middle men and scapegoats and give the real problem a free pass. well done.

How much do you know about Cain? This thread and most of the responses are emotion fueled and based on ignorance. You people on the right, proud conservatives, ought to do some homework.

First it's Trump, then Bachmann followed by Perry. Now Cain. How many more flavors will you favor before you realize the entire GOP campaign is funded by a Special Interest who put themselves first and don't give one bit about any of you or our Republic?

Ignorance can be overcome, willfully ignorance can be fatal.
 
Yes there has, but that doesnt explain away the hiring of these execs for the admin. Or the contributions Obama received.

Which Financial Institution CEO's during the crisis have been hired by the administration?

Try google I have heard the left doesnt like Bing.


Here it is

Obama admin hires goldman sachs - Bing

You didn't even read your own results from the Bing search, did ya? Obviously not.
 
they bitch about bailouts.
they bitch about the housing bubble.
they bitch about jobs.

yet they protest wall st instead of the government. the same government that caused each one of those problems. if OWS had any sense they would join forces with the tea party (in an economic context...socially not so much obviously) to get sound money and the free market back on track without the government getting in the way. But nope, these OWS idiots would rather protest middle men and scapegoats and give the real problem a free pass. well done.

How much do you know about Cain? This thread and most of the responses are emotion fueled and based on ignorance. You people on the right, proud conservatives, ought to do some homework.

First it's Trump, then Bachmann followed by Perry. Now Cain. How many more flavors will you favor before you realize the entire GOP campaign is funded by a Special Interest who put themselves first and don't give one bit about any of you or our Republic?

Ignorance can be overcome, willfully ignorance can be fatal.

First of all, read my signature.
Second of all, this is another pot/kettle fallacy you libs love so much.
 
Which Financial Institution CEO's during the crisis have been hired by the administration?

Try google I have heard the left doesnt like Bing.


Here it is

- Bing

You didn't even read your own results from the Bing search, did ya? Obviously not.

LOL Actually I did. As usual the tweaks of algorithms spoil the search. This time was a mixed bag. But this topic is years old.

Now explain the hiring and bonuses.
 
It will be fun to watch the protests grow and the corporations leave the country in response. Creating even more joblessness in the wake of the exodus.
 
It will be fun to watch the protests grow and the corporations leave the country in response. Creating even more joblessness in the wake of the exodus.

493.gif
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The only problem with the OP is that the OWS does blame Govt too. Since that is what he right wants to happen, they ignore it when it's said by the OWS movement.
 
they bitch about bailouts.
they bitch about the housing bubble.
they bitch about jobs.

yet they protest wall st instead of the government. the same government that caused each one of those problems. if OWS had any sense they would join forces with the tea party (in an economic context...socially not so much obviously) to get sound money and the free market back on track without the government getting in the way. But nope, these OWS idiots would rather protest middle men and scapegoats and give the real problem a free pass. well done.

How much do you know about Cain? This thread and most of the responses are emotion fueled and based on ignorance. You people on the right, proud conservatives, ought to do some homework.

First it's Trump, then Bachmann followed by Perry. Now Cain. How many more flavors will you favor before you realize the entire GOP campaign is funded by a Special Interest who put themselves first and don't give one bit about any of you or our Republic?

Ignorance can be overcome, willfully ignorance can be fatal.

Yes the republicans of course

Hopefully, your ignorance is not "willful"
:lol:

P1-AP164A_AIGCU_NS_20090318214819.gif


funding.png
 
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they bitch about bailouts.
they bitch about the housing bubble.
they bitch about jobs.

yet they protest wall st instead of the government. the same government that caused each one of those problems. if OWS had any sense they would join forces with the tea party (in an economic context...socially not so much obviously) to get sound money and the free market back on track without the government getting in the way. But nope, these OWS idiots would rather protest middle men and scapegoats and give the real problem a free pass. well done.

How much do you know about Cain? This thread and most of the responses are emotion fueled and based on ignorance. You people on the right, proud conservatives, ought to do some homework.

First it's Trump, then Bachmann followed by Perry. Now Cain. How many more flavors will you favor before you realize the entire GOP campaign is funded by a Special Interest who put themselves first and don't give one bit about any of you or our Republic?

Ignorance can be overcome, willfully ignorance can be fatal.

Yes the republicans of course

Hopefully, your ignorance is not "willful"
:lol:

P1-AP164A_AIGCU_NS_20090318214819.gif


funding.png

You're right, it's money in politics in general...a key message of OWS.
 
How much do you know about Cain? This thread and most of the responses are emotion fueled and based on ignorance. You people on the right, proud conservatives, ought to do some homework.

First it's Trump, then Bachmann followed by Perry. Now Cain. How many more flavors will you favor before you realize the entire GOP campaign is funded by a Special Interest who put themselves first and don't give one bit about any of you or our Republic?

Ignorance can be overcome, willfully ignorance can be fatal.

Yes the republicans of course

Hopefully, your ignorance is not "willful"
:lol:

P1-AP164A_AIGCU_NS_20090318214819.gif


funding.png

You're right, it's money in politics in general...a key message of OWS.

Perhaps
but most of them tend to turn a blind eye to Papa Obama and the Democrats
Strangely enough, some even have signs supporting him- Funny how that works


which only highlights the disingenuous nature of the "movement" and
its' " invented nature" of political groups like SEIU and such that support Papa Obama
over anything truly "grassroots"


Really, how hard is it hard to find malcontents from the Democratic Party....
 
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