Break up the banks and let them figure it out 
Bernie Ya'll :snoop:
- Thread starter DEAD7
- Start date
what does that even mean
I'm sure your Juilliard degree looks great on paper and you think your degree makes you more adept than people who actually work for a living.
yeah and then the sun will stop rising too
the cac mamba
Veteran
plushcarpet
Superstar
i gotta be honest, i cant name one thing that government does efficiently
Spend money like their majority voter base ?
Domingo Halliburton
Handmade in USA
interest rates are going to be set by the market. there is no getting around that regardless of how much you want the government to be involved.
more risk = higher interest rates.
this is what most people will never understand... these government guarantees, subsidies, mortgage bonds, wall street securitization, etc....it all creates a huge market for your house and cars. You wouldn't be able to live like this without huge liquid secondary markets like this.
MrSinnister
Delete account when possible.
Banks shouldn't be in as much shot as they're in, seeing how important we've made them to the economy in general, their control of interest rates, and how we subsidize them. I wish business loans were able to come directly from the fed reserve or gov't somehow, so their only function would be to pay or charge interest on straight up deposits, and get their own money shopping for people to take out loans of various types, and not get free shyt anyway.
I pray this man doesnt end up in the white house
So no, their function is not to get the highest profits possible, as they're not even a real fukking business that can live without welfare anymore, but to try to find the cheapest loans possible and still make profit. You're talking about other types of businesses. This cac media has a lot of your heads messed up.
How are you going to make 20 Million+ CEO pay, with extreme bonuses based on Quantitative Easing, and still need subsidies from the people, bailouts, and insider trading like a motherfukker??? They would NEVER let Black people eat that good no strings attached. Jamie Dimon, in 2014, got Obama to repeal the Glas-Stegal lite portion of Dodd Frank that kept them from being able to gamble depositor money on derivatives ffs.
MrSinnister
Delete account when possible.
Wall Street Banker Brazenly Admits To Loving Bernie Sanders
We need stability and less government picking Wall Street winners randomly with POMO.
We need stability and less government picking Wall Street winners randomly with POMO.
Domingo Halliburton
Handmade in USA
I'm not sure if you're american but the Federal reserve and the government have big roles in interest rates and business loans...your third paragraph is extremely misinformed.
MrSinnister
Delete account when possible.
But it's still true. You know I'm American. You asked, and I got someone to prove it to you that knows me outside of this olace, and you never said anything. The banks aren't even a real fukking business, so stop caping for them.
MrSinnister
Delete account when possible.
Misinformed huh??
JPMorgan CEO helped whip votes
Like I said, it's easy to say shyt here without doing any research and playing ad hominem games (I am American). It's just not productive.
Jamie Dimon himself called to urge support for the derivatives rule in the spending bill
Hint: It passed with the poison pill in it. Banks run this country.
JPMorgan CEO helped whip votes
Like I said, it's easy to say shyt here without doing any research and playing ad hominem games (I am American). It's just not productive.
Jamie Dimon himself called to urge support for the derivatives rule in the spending bill
Hint: It passed with the poison pill in it. Banks run this country.
MrSinnister
Delete account when possible.
The one thing that pisses me off more than anything is to have my labels attacked. There's a good reason I have them. I'm a Black American progressive capitalist. Nothing of what I've said has ever attacked my labels but people want to, then get pissed, when they used to be allies, when I defend them.
You can be a progressive capitalist. Progressives aren't socialist, although they have socialist tendencies, due to the current system we're in needing a drastic rebalance. We've done Republican full socialism for a good 30 years now, where they give corporate welfare and subsidies to businesses that defeat the purpose of what a business is. That's not capitalism, it's supposedly trickle down socialism.
Liberals want a lighter version of trickle down, so they can profit from campaign contributions, while trying to keep jobs in America to justify giving tax dollars to businesses to help them grow. Combined with NSA socialism that the GOP does, we've pumped trillions into corporations with little trickle down, due to trade deals that favor sending jobs overseas subsidized.
Progressives believe that while businesses are getting such a chance at success, the working classes need those chances too. We want to get rid of corporate welfare, and pump money back into the lower rungs, to give THE DRIVEN a chance to get a leg up, go to college, and not worry about health expenses being catastrophic when you can't either afford insurance or they chose not to pay. The money you get to earn and save by getting degrees and business acumen, we hope you repay us by not cheating on your taxes, starting businesses yourself and keeping them here. Again, its not to sit on your asses and say people running businesses you can't are exploiting others, that dont have the capital or ideas to create their own businesses yet. We want you to be able to spend and save for rainy days, not just sit on your asses and blame the driven for having businesses.
Most of you need your labels checked, not me. America is founded on capitalism...full stop. If you don't get that you won't get the programs that everyone needs passed, because you'd never get the votes needed. A lot of you need to amend your expectations and be able to work for what you want and need, and not just wait for everyone to do it for you.
You can be a progressive capitalist. Progressives aren't socialist, although they have socialist tendencies, due to the current system we're in needing a drastic rebalance. We've done Republican full socialism for a good 30 years now, where they give corporate welfare and subsidies to businesses that defeat the purpose of what a business is. That's not capitalism, it's supposedly trickle down socialism.
Liberals want a lighter version of trickle down, so they can profit from campaign contributions, while trying to keep jobs in America to justify giving tax dollars to businesses to help them grow. Combined with NSA socialism that the GOP does, we've pumped trillions into corporations with little trickle down, due to trade deals that favor sending jobs overseas subsidized.
Progressives believe that while businesses are getting such a chance at success, the working classes need those chances too. We want to get rid of corporate welfare, and pump money back into the lower rungs, to give THE DRIVEN a chance to get a leg up, go to college, and not worry about health expenses being catastrophic when you can't either afford insurance or they chose not to pay. The money you get to earn and save by getting degrees and business acumen, we hope you repay us by not cheating on your taxes, starting businesses yourself and keeping them here. Again, its not to sit on your asses and say people running businesses you can't are exploiting others, that dont have the capital or ideas to create their own businesses yet. We want you to be able to spend and save for rainy days, not just sit on your asses and blame the driven for having businesses.
Most of you need your labels checked, not me. America is founded on capitalism...full stop. If you don't get that you won't get the programs that everyone needs passed, because you'd never get the votes needed. A lot of you need to amend your expectations and be able to work for what you want and need, and not just wait for everyone to do it for you.