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As long as the government backs up deposits in the banks, those banks ought to be regulated to prevent them taking the kinds of risks they took.
Banks that want to play the high risk games ought not to be so backed up by FDIC.
I don't think the deposit insurance system has much to do with it.
You would lose that bet.Betcha a dollar to a dog turd that old socialist crank Bernie [Sanders] isn't in favor of breaking up the biggest banks of them all: The Federal Reserve, IMF, World Bank and Bank for International Settlements.Break'em up...the banks that is. This has gone on long enough these mega-for-profit corps raping the taxpayer when ever their ponzi schemes fail
New Sanders Bill Would Break Up Big Banks | Common Dreams
You realize almost all of those people are on the left, right?
So your point is that the most prominent economists are on the left? I would agree there; but it is somewhat disconcerting to hear you classify Volker, Greenspan, and a big chunk of the Federal Reserve as leftists.
Sanders is about as close at it gets to rational "for the people" in the US senate.
Sanders is about as close at it gets to rational "for the people" in the US senate.
actually Sanders is an open socialist. Socialism slowly starved 60 million to death in China; then they switched to capitalism and now as many are buying cars.
What does that tell you about his rationality??
Sanders is about as close at it gets to rational "for the people" in the US senate.
actually Sanders is an open socialist. Socialism slowly starved 60 million to death in China; then they switched to capitalism and now as many are buying cars.
What does that tell you about his rationality??
That unlike you and your legions of nutball lemmings, Sanders is aware of his surroundings?
Sanders is about as close at it gets to rational "for the people" in the US senate.
actually Sanders is an open socialist. Socialism slowly starved 60 million to death in China; then they switched to capitalism and now as many are buying cars.
What does that tell you about his rationality??
That unlike you and your legions of nutball lemmings, Sanders is aware of his surroundings?
actually Sanders is an open socialist. Socialism slowly starved 60 million to death in China; then they switched to capitalism and now as many are buying cars.
What does that tell you about his rationality??
That unlike you and your legions of nutball lemmings, Sanders is aware of his surroundings?
So you're saying Sanders wants to establish gulags and send us there and starve about 10M Americans? He's crazy. But not as crazy as you are.
That unlike you and your legions of nutball lemmings, Sanders is aware of his surroundings?
So you're saying Sanders wants to establish gulags and send us there and starve about 10M Americans? He's crazy. But not as crazy as you are.
Too Stupid!! Stalin and Mao did not say they wanted to starve 120 million very slowly!!! As their liberal programs failed more and more the measures they took became more and more violent and deadly. Socialism would perhaps not get that far in this country because Republicans would in theory always be their holding them back.
Catching on now??
Norman Thomas quotes:
The American people will never knowingly adopt Socialism. But under the name of 'liberalism' they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened.
So you're saying Sanders wants to establish gulags and send us there and starve about 10M Americans? He's crazy. But not as crazy as you are.
Too Stupid!! Stalin and Mao did not say they wanted to starve 120 million very slowly!!! As their liberal programs failed more and more the measures they took became more and more violent and deadly. Socialism would perhaps not get that far in this country because Republicans would in theory always be their holding them back.
Catching on now??
Norman Thomas quotes:
The American people will never knowingly adopt Socialism. But under the name of 'liberalism' they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened.
link Eddie? you do know how to provide those right?
You and rabbi provide interesting alt theories, Edmund, but my belief is Sanders understands that the extremes of Cambodia, Russia and China can probably be avoided here.
(((pssst: did anyone ever mention to you in the, er, "rest" place, that mentioning Hitler first in a discussion vaporizes credibility faster than praising Junebug?)))
You realize almost all of those people are on the left, right?
So your point is that the most prominent economists are on the left? I would agree there; but it is somewhat disconcerting to hear you classify Volker, Greenspan, and a big chunk of the Federal Reserve as leftists.
they are mostly leftists it seems. Bernanke seems to have no concern at all for letting the free market take over. He's still pumping 80 billion a month into the currency supply to manipulate rates. This is very socialist at best.
So your point is that the most prominent economists are on the left? I would agree there; but it is somewhat disconcerting to hear you classify Volker, Greenspan, and a big chunk of the Federal Reserve as leftists.
they are mostly leftists it seems. Bernanke seems to have no concern at all for letting the free market take over. He's still pumping 80 billion a month into the currency supply to manipulate rates. This is very socialist at best.
What you don't realize is the the bankers are all for socialism! .
Bernie is a tool of the Fed and the rest of the international banksters, you ignorant putz.You would lose that bet.Betcha a dollar to a dog turd that old socialist crank Bernie isn't in favor of breaking up the biggest banks of them all: The Federal Reserve, IMF, World Bank and Bank for International Settlements....the banks that is. This has gone on long enough these mega-for-profit corps raping the taxpayer when ever their ponzi schemes fail
New Sanders Bill Would Break Up Big Banks | Common Dreams
Brown acid...Don't take any more.The best thing that could happen to America is a Bernie Sanders presidency! It would be analogous to a cure for cancer.
Too Stupid!! Stalin and Mao did not say they wanted to starve 120 million very slowly!!! As their liberal programs failed more and more the measures they took became more and more violent and deadly. Socialism would perhaps not get that far in this country because Republicans would in theory always be their holding them back.
Catching on now??
Norman Thomas quotes:
The American people will never knowingly adopt Socialism. But under the name of 'liberalism' they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened.
link Eddie? you do know how to provide those right?
why not look up whatever you find yourself so curious about????????????
You make an assertion and the onus is on you to provide a link. Whats your IQ again?
they are mostly leftists it seems. Bernanke seems to have no concern at all for letting the free market take over. He's still pumping 80 billion a month into the currency supply to manipulate rates. This is very socialist at best.
What you don't realize is the the bankers are all for socialism! .
Except folks like John Allison, president of BB&T( 6 th largest) who just wrote a pro capitalist book on banking explaining step by step how all the liberal regulations caused the current recession. And most of the others who hate their regulators. And most of the others who would rather take their chances in the free market than in crony socialist Washington.
THere is no reason to hate bankers more than bread makers.
Betcha a dollar to a dog turd that old socialist crank Bernie isn't in favor of breaking up the biggest banks of them all: The Federal Reserve, IMF, World Bank and Bank for International Settlements....the banks that is. This has gone on long enough these mega-for-profit corps raping the taxpayer when ever their ponzi schemes fail
New Sanders Bill Would Break Up Big Banks | Common Dreams
New Sanders Bill Would Break Up Big Banks
'If an institution is too big to fail, it is too big to exist'
Senator Bernie Sanders at his official website reports:
The first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the Great Depression. An amendment by Sen. Bernie Sanders to the Wall Street reform law passed one year ago this week directed the Government Accountability Office to conduct the study. "As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world," said Sanders. "This is a clear case of socialism for the rich and rugged, you're-on-your-own individualism for everyone else."
