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Ummmm...guaranteed MBS and US Treasuries aren't toxic.
Exchanging them for cash isn't theft.
"The Financial Services Modernization Act of 1999 (Gramm-Leach-Bliley Act) allowed banks to use deposits to invest in derivatives.5 Bank lobbyists said they needed this change to compete with foreign firms.
2008 Financial Crisis Causes, Costs, and Could It Happen Again?
"They promised to only invest in low-risk securities to protect their customers.6 As banks chased the profitable derivative market, they didn't keep this promise."
A lot less than most life long pols and his policies are far better than most. Unfortunately he’s weak and tied to the D Party.Do you mean the truth about our disappearing middle class?No. I'm looking for an answer. For the truth. From you. For once.
Bernie Sanders on Economic Inequality
"The main goal of Bernie Sanders’ decades-long career in politics has been to address the root causes of economic inequality because, as he has stated, 'The middle class of this country, over the last forty years, has been disappearing.'"
The main goal of Bernie Sanders’ decades-long career in politics
What is good old selfless Bernie's networth now?
Bernie has invested much of his political capital with Democrats.A lot less than most life long pols and his policies are far better than most. Unfortunately he’s weak and tied to the D Party.
| Joe Biden Bernie Sanders | Pete Buttigieg Michael Bloomberg |
O is responsible for Joe’s winning the D nomination. He has and will control Joe going forward. Expect lots of neocon heinous bull shit under Joe.Bernie has invested much of his political capital with Democrats.A lot less than most life long pols and his policies are far better than most. Unfortunately he’s weak and tied to the D Party.
"First place by initial pledged delegate allocation First place by popular vote First place by convention roll call Show all
Delaware Joe was on the ropes in 2020 when South Carolina voters decided to follow orders:
Joe Biden
Bernie SandersPete Buttigieg
Michael Bloomberg
https://en.wikipedia.org/wiki/2020_Democratic_Party_presidential_primaries
"Biden, whose campaign fortunes had suffered as a result of poor performances in Iowa and New Hampshire, made a comeback by overwhelmingly winning the South Carolina primary, motivated by strong support from African-American voters, an endorsement from South Carolina Congressman Jim Clyburn, and Democratic establishment concerns about nominating Sanders."
Biden and Harris failed to inspire 70% of eligible voters to cast a ballot, and I can't help wondering if Bernie would have inspired more participation?
Ummmm...guaranteed MBS and US Treasuries aren't toxic.
Exchanging them for cash isn't theft.
"The Financial Services Modernization Act of 1999 (Gramm-Leach-Bliley Act) allowed banks to use deposits to invest in derivatives.5 Bank lobbyists said they needed this change to compete with foreign firms.
2008 Financial Crisis Causes, Costs, and Could It Happen Again?
"They promised to only invest in low-risk securities to protect their customers.6 As banks chased the profitable derivative market, they didn't keep this promise."
"They promised to only invest in low-risk securities to protect their customers.6 As banks chased the profitable derivative market, they didn't keep this promise."
Sounds horrible!!
Which banks failed because of derivatives?
Which banks failed because of mortgages?
And how does your post refute my claim "guaranteed MBS and US Treasuries aren't toxic"?
Ummmm...guaranteed MBS and US Treasuries aren't toxic.
Exchanging them for cash isn't theft.
"The Financial Services Modernization Act of 1999 (Gramm-Leach-Bliley Act) allowed banks to use deposits to invest in derivatives.5 Bank lobbyists said they needed this change to compete with foreign firms.
2008 Financial Crisis Causes, Costs, and Could It Happen Again?
"They promised to only invest in low-risk securities to protect their customers.6 As banks chased the profitable derivative market, they didn't keep this promise."
"They promised to only invest in low-risk securities to protect their customers.6 As banks chased the profitable derivative market, they didn't keep this promise."
Sounds horrible!!
Which banks failed because of derivatives?
Which banks failed because of mortgages?
And how does your post refute my claim "guaranteed MBS and US Treasuries aren't toxic"?
Free market capitalism. LMFAO.
Many people who aren't paid enough under capitalism to pay income tax pay a greater percentage of their income in taxes than those whose earnings require them to pay income taxes. Your notion that only those who pay income taxes deserve a vote completely ignores the fact that government's tax and trade policies largely determines who earns enough to pay income taxes.No, what it would do is make people more aware when government spends money. Right now we have a terrible voting system where people with little or no money can vote money from the pockets of other people. Government spending doesn't bother them the least because they won't have to pay for it.
When politicians spend trillion$ bailing out corrupt speculators on Wall Street, do you think they are taking the money out of your taxes?If EVERYBODY had to start paying for these things, they wouldn't be so keen on supporting the politicians that want to spend this money for more votes and more power. This is why we are in so much debt today.
When politicians spend trillion$ bailing out corrupt speculators on Wall Street, do you think they are taking the money out of your taxes?If EVERYBODY had to start paying for these things, they wouldn't be so keen on supporting the politicians that want to spend this money for more votes and more power. This is why we are in so much debt today.
"The State Theory of Money
"After observing banknotes’ relation to reserves, Georg Friedrich Knapp proposed that money’s value did not result from any intrinsic value in metals but from the state’s ability to impose taxes."
https://bsahely.com/2018/09/25/mode...uthority-john-laurits/#How_Modern_Money_Works
If rich capitalists bribe politicians to send your job to China, what choice did you have especially if the capitalists' profits aren't taxed in order to pay for your retraining?If people are not making enough money, it's their own fault, not that of the system. If you want to smoke pot precluding you from getting a higher paying job, that's a choice you made.
If rich capitalists bribe politicians to send your job to China, what choice did you have especially if the capitalists' profits aren't taxed in order to pay for your retraining?If people are not making enough money, it's their own fault, not that of the system. If you want to smoke pot precluding you from getting a higher paying job, that's a choice you made.
Many people who aren't paid enough under capitalism to pay income tax pay a greater percentage of their income in taxes than those whose earnings require them to pay income taxes. Your notion that only those who pay income taxes deserve a vote completely ignores the fact that government's tax and trade policies largely determines who earns enough to pay income taxes.
Ummmm...guaranteed MBS and US Treasuries aren't toxic.
Exchanging them for cash isn't theft.
"The Financial Services Modernization Act of 1999 (Gramm-Leach-Bliley Act) allowed banks to use deposits to invest in derivatives.5 Bank lobbyists said they needed this change to compete with foreign firms.
2008 Financial Crisis Causes, Costs, and Could It Happen Again?
"They promised to only invest in low-risk securities to protect their customers.6 As banks chased the profitable derivative market, they didn't keep this promise."
"They promised to only invest in low-risk securities to protect their customers.6 As banks chased the profitable derivative market, they didn't keep this promise."
Sounds horrible!!
Which banks failed because of derivatives?
Which banks failed because of mortgages?
And how does your post refute my claim "guaranteed MBS and US Treasuries aren't toxic"?
Free market capitalism. LMFAO.
Help your buddy out.
Help him show that guaranteed MBS and US Treasuries are toxic. LOL!
Ummmm...guaranteed MBS and US Treasuries aren't toxic.
Exchanging them for cash isn't theft.
"The Financial Services Modernization Act of 1999 (Gramm-Leach-Bliley Act) allowed banks to use deposits to invest in derivatives.5 Bank lobbyists said they needed this change to compete with foreign firms.
2008 Financial Crisis Causes, Costs, and Could It Happen Again?
"They promised to only invest in low-risk securities to protect their customers.6 As banks chased the profitable derivative market, they didn't keep this promise."
"They promised to only invest in low-risk securities to protect their customers.6 As banks chased the profitable derivative market, they didn't keep this promise."
Sounds horrible!!
Which banks failed because of derivatives?
Which banks failed because of mortgages?
And how does your post refute my claim "guaranteed MBS and US Treasuries aren't toxic"?
Free market capitalism. LMFAO.
Help your buddy out.
Help him show that guaranteed MBS and US Treasuries are toxic. LOL!
Here are good examples of your free market capitalism. LOL.
Penguins, valued at $650M, received $4.82M COVID loan
Texas Fracking Billionaires Drew Covid-19 Aid While Investing in Rivals
Ummmm...guaranteed MBS and US Treasuries aren't toxic.
Exchanging them for cash isn't theft.
"The Financial Services Modernization Act of 1999 (Gramm-Leach-Bliley Act) allowed banks to use deposits to invest in derivatives.5 Bank lobbyists said they needed this change to compete with foreign firms.
2008 Financial Crisis Causes, Costs, and Could It Happen Again?
"They promised to only invest in low-risk securities to protect their customers.6 As banks chased the profitable derivative market, they didn't keep this promise."
"They promised to only invest in low-risk securities to protect their customers.6 As banks chased the profitable derivative market, they didn't keep this promise."
Sounds horrible!!
Which banks failed because of derivatives?
Which banks failed because of mortgages?
And how does your post refute my claim "guaranteed MBS and US Treasuries aren't toxic"?
Free market capitalism. LMFAO.
Help your buddy out.
Help him show that guaranteed MBS and US Treasuries are toxic. LOL!
Here are good examples of your free market capitalism. LOL.
Penguins, valued at $650M, received $4.82M COVID loan
Texas Fracking Billionaires Drew Covid-19 Aid While Investing in Rivals
That's awful!
So what?
You think bailouts of big corporations by government, is free market capitalism.
You think bailouts of big corporations by government, is free market capitalism.
I do?
Link?
If only you knew the difference between free market capitalism and Fascism.You think bailouts of big corporations by government, is free market capitalism.
I do?
Link?
You were lying. Again.
