second great depression here we come....
#81
Re: second great depression here we come....
We have governments and in particular economic controls in those governments for just these reasons... regulation with freedom. Everything is based on rules. Athletic competition, traffic laws, etc. The universe follows laws of physics. It's just how stuff works.
#82
Re: second great depression here we come....
im not saying it is or isnt a good thing, well i am, but its a long explination,
BUt i am saying that the gov isnt suposed to do it.
The economy will work its self out. Dose that mean that we might not be able to live as good as we have been for a few years, yup.. Will the economy drop a bit... Yup... but that life,
And just to put this out there
If the governmetn would devide the amount of money required to bail out the "failed banks" evenly amongst all citizens over 18, that we all would get 450k aproximatly. 1/2 of which the gov would get back in taxes.. so now everyone can catch up on their loans, and stimulate the economy.
My major point is giving a company that just mismanaged billions of dollars, more money wont fix the problem.... The above is just food for thought..
BUt i am saying that the gov isnt suposed to do it.
The economy will work its self out. Dose that mean that we might not be able to live as good as we have been for a few years, yup.. Will the economy drop a bit... Yup... but that life,
And just to put this out there
If the governmetn would devide the amount of money required to bail out the "failed banks" evenly amongst all citizens over 18, that we all would get 450k aproximatly. 1/2 of which the gov would get back in taxes.. so now everyone can catch up on their loans, and stimulate the economy.
My major point is giving a company that just mismanaged billions of dollars, more money wont fix the problem.... The above is just food for thought..
#83
Re: second great depression here we come....
Originally Posted by rawr
Your wealth is the manifestation of your values of rational behavior with a low time discount rate, your work effort and what you've produced for society.
#84
Re: second great depression here we come....
Originally Posted by the 13th round
buddy, im not a republican.
and making your posts extremely long with large empty spaces, dosent necessarily make it right.
and making your posts extremely long with large empty spaces, dosent necessarily make it right.
first im not your buddy. the only people that even say buddy are gayfers
second what do you and a republican have in common. they're both just another way of saying god damned ------- moron that doesn't know how to run an economy any better than they know how to cure their herpes
#85
Re: second great depression here we come....
Originally Posted by Whitey
If big brother should completely stay out of private buisness, than these companies shouldn't come crawling to big brother to bail their *** out after the CEO's make tons of money and leave the mess to the public. Its just how the rich get richer.
People go to the gov, for ---- all the time... good thing the gov, dosent always help out...
#86
Re: second great depression here we come....
Originally Posted by the 13th round
buddy, im not a republican.
and making your posts extremely long with large empty spaces, dosent necessarily make it right.
and making your posts extremely long with large empty spaces, dosent necessarily make it right.
#87
Re: second great depression here we come....
It's not very hard to get the rules changed if you've got the cash flow.
In reading Leon Levy's Psychology of Wall street, he mentions several times where his firm, which wasn't exactly a large player, lobbied successfully to change laws that favored his investment firm. Allowed to break regulation, sell short, create hedge funds, create mutual funds, create the ability for hedge funds to sell stocks short and so forth.
In reading Leon Levy's Psychology of Wall street, he mentions several times where his firm, which wasn't exactly a large player, lobbied successfully to change laws that favored his investment firm. Allowed to break regulation, sell short, create hedge funds, create mutual funds, create the ability for hedge funds to sell stocks short and so forth.
#89
Re: second great depression here we come....
:P
The sort of "capitalistic" practice everyone in here criticises is not capitalism, it is looting. You can loot in socialist governments, too, most of the extreme left wing ones fell into chaos and were really ------- fucked up within a decade or so of inception, if they were ever worth a ---- in the first place.
The sort of "capitalistic" practice everyone in here criticises is not capitalism, it is looting. You can loot in socialist governments, too, most of the extreme left wing ones fell into chaos and were really ------- fucked up within a decade or so of inception, if they were ever worth a ---- in the first place.
#90
Re: second great depression here we come....
Originally Posted by igotnothin
If the governmetn would devide the amount of money required to bail out the "failed banks" evenly amongst all citizens over 18, that we all would get 450k aproximatly. 1/2 of which the gov would get back in taxes.. so now everyone can catch up on their loans, and stimulate the economy.
My major point is giving a company that just mismanaged billions of dollars, more money wont fix the problem.... The above is just food for thought..
My major point is giving a company that just mismanaged billions of dollars, more money wont fix the problem.... The above is just food for thought..