Moody's Cuts U.S. Banking System To Negative

[ThunderKiss1965]

Maybe we should go ahead and slice our gutz open and drop interest rates to zero again for the benefit of the wealthy bastards that rob the poor?

How are they robing the poor ?

 

[ThunderKiss1965]

If Wikipedia is correct, Lenin's original title for this work was "Imperialism, the Newest Stage of Capitalism." First published in 1917 about the same time US "doughboys" arrived in Europe to play their role in the "War to End all Wars":

Imperialism, the Highest Stage of Capitalism - Wikipedia

"It describes the formation of oligopoly, by the interlacing of bank and industrial capital, in order to create a financial oligarchy, and explains the function of financial capital in generating profits from the exploitation colonialism inherent to imperialism, as the final stage of capitalism.

"The essay synthesises Lenin's developments of Karl Marx's theories of political economy in Das Kapital (1867).[2]"

Great stuff from Lenin, you know that guy that was responsible for the murder of millions of people. You should also throw in some quotes from Mao and Stalin if you want anyone to take you seriously. Socialism is great you just have to kill enough people to make it work

 

[Moonglow]

How are they robing the poor ?

Cash back on credit cards- duh, hyperinflation prices to exist, double duh.

 

[Moonglow]

Great stuff from Lenin, you know that guy that was responsible for the murder of millions of people. You should also throw in some quotes from Mao and Stalin if you want anyone to take you seriously. Socialism is great you just have to kill enough people to make it work

Lenin didn't kill anymore than the Tsars did.

 

[ThunderKiss1965]

Lenin didn't kill anymore than the Tsars did.

Centuries of Tzars compared to the 7 years Lenin was in power, sure that's a great comparison.

 

[ThunderKiss1965]

Cash back on credit cards- duh, hyperinflation prices to exist, double duh.

Don't make shitty financial decisions, don't live beyond your means and stop falling for that class warfare shit.

 

[Ringo]

Great stuff from Lenin, you know that guy that was responsible for the murder of millions of people.

Aren't you ashamed to be so stupid? And what's more, to say so openly?

 

[ThunderKiss1965]

Aren't you ashamed to be so stupid? And what's more, to say so openly?

Yeah I know facts and history are stupid ? Lenin was responsible for the deaths of millions so using him as a means to attack anything isn't to smart. So

 

[Dekster]

Please post if you're having any problems with your bank.

I'm reading a few 2nd hand reports of ATM's limit has changed from $600 to $200.

Another person claims his bank is "down for maintenance" until noon tomorrow and he can't buy groceries.

I saw on FBN this afternoon that the credit-default-swaps spiked higher on wells fargo...that was a bit disconcerting.

Wells Fargo is always the outlier in the big banking world. If they paid 20% interest I still wouldn't deposit a dime in their bank. They are very sketchy.

 

[badger2]

Bank crash.

 

[Captain Caveman]

Republican deregulation comes home again!!! These billionaires should be hung in trees.

Yes, just like when they repealed the Glass-Steagall Act......oh......hang on.....wasn't that by Bill Clinton, Democrat?

 

[Thunk]

Yes, just like when they repealed the Glass-Steagall Act......oh......hang on.....wasn't that by Bill Clinton, Democrat?

Why yes...yes it was.

It was also wild bill clinton who signed into law the Commodity Futures Modernization Act about 3 minutes before he left office. That set the stage for the 2008 financial collapse.

 

[JimH52]

Moody's cuts outlook on U.S. banking system to negative, citing 'rapidly deteriorating operating environment'

Moody's Investors Service cut its view on the entire banking system to negative from stable.

The big three rating firm cited a "'rapidly deteriorating operating environment" despite regulators' efforts to shore up the industry.


Moody's cuts outlook on U.S. banking system to negative, citing 'rapidly deteriorating operating environment'

View attachment 765809

trump deregulated and repubs blame Biden. Gotcha

 

[Thunk]

trump deregulated and repubs blame Biden. Gotcha

What did Trump deregulate?

 

[JimH52]

What did Trump deregulate?

What did Trump deregulate?

trump rolled back Dodd-Frank banking safe guards...cause he is a Moron.

Trump era roll back of bank regulations resurfaces amid SVB collapse

The former president in 2018 rolled back requirements for banks of certain sizes to be stress tested by the Federal Reserve.

www.newsweek.com

 

[Thunk]

trump rolled back Dodd-Frank banking safe guards...cause he is a Moron.

Even barney frank of the dodd-frank bill said this bank collapse (SVB) had nothing to do with the 2018 roll backs. And frank is a devout leftist.

 

[Thunk]

trump rolled back Dodd-Frank banking safe guards...cause he is a Moron.

He quotes NEWSWEEK

They sold that rag of one dollah after they ran the cover story WE ARE ALL SOCIALISTS NOW

 

[Delldude]

Same here, it's a win-win for me and the community.

Independently owned credit union here.

 

[Delldude]

This has to be rolling into all the foreign banking systems.....has to, they're so interconnected.

 

[Thunk]

This has to be rolling into all the foreign banking systems.....has to, they're so interconnected.

Agreed. And the price of gold is confirming it.