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Posted: 8/10/2011 9:51:01 AM EDT
Link Posted: 8/10/2011 9:52:52 AM EDT
[#1]
OK.. how do you embed??
Link Posted: 8/10/2011 9:54:34 AM EDT
[#2]
Quoted:
OK.. how do you embed??


You need to be a paying member, I think.

Chris

Link Posted: 8/10/2011 9:55:08 AM EDT
[#3]
Link Posted: 8/10/2011 10:01:17 AM EDT
[#4]
i wonder how he plans to "reptriate" all that money that went overseas
Link Posted: 8/10/2011 10:03:10 AM EDT
[#5]




Quoted:

i wonder how he plans to "reptriate" all that money that went overseas




Yeah, was sounding ok till he got to the, "If I was president I would create a governmnet bank, because banks are evil..."
Link Posted: 8/10/2011 10:04:32 AM EDT
[#6]
Reinstate Glass-Steagall.  Demand the money back that were given as low (virtually no) interest rates loan.  Seize their assets if they don't fork up.  F*ck the overseas central banks and lesser foreign banks.  F*ck our too big to fail too.  By passing TARP, both parties shifted the private burden of loss (of the Too Big To Fail) onto the taxpayers' shoulders.  That's a major reason why we're in trouble.
Link Posted: 8/10/2011 10:07:25 AM EDT
[#7]
Quoted:
Reinstate Glass-Steagall.  Demand the money back that were given as low (virtually no) interest rates loan.  Seize their assets if they don't fork up.  F*ck the overseas central banks and lesser foreign banks.  F*ck our too big to fail too.  By passing TARP, both parties shifted the private burden of loss (of the Too Big To Fail) onto the taxpayers' shoulders.  That's a major reason why we're in trouble.


What would reinstating Glass-Steagall do?  A
Link Posted: 8/10/2011 10:10:53 AM EDT
[#8]
Whether you agree with him or not, you have to appreciate that he didn't sugarcoat anything.  





Link Posted: 8/10/2011 10:18:19 AM EDT
[#9]
actually a pretty good rant
Link Posted: 8/10/2011 10:25:19 AM EDT
[#10]
Quoted:
Quoted:
Reinstate Glass-Steagall.  Demand the money back that were given as low (virtually no) interest rates loan.  Seize their assets if they don't fork up.  F*ck the overseas central banks and lesser foreign banks.  F*ck our too big to fail too.  By passing TARP, both parties shifted the private burden of loss (of the Too Big To Fail) onto the taxpayers' shoulders.  That's a major reason why we're in trouble.


What would reinstating Glass-Steagall do?  A


For starters it would separate banks from investment banking, speculation, market exposure, derivatives, leverage, market making, securities hypothecation, and make them just BANKS again.  I think it would be a great move.
Link Posted: 8/10/2011 10:28:52 AM EDT
[#11]
Quoted:
i wonder how he plans to "reptriate" all that money that went overseas


I was with him 'till he went full retard, then I wasn't.
Link Posted: 8/10/2011 10:42:32 AM EDT
[#12]
Quoted:
Quoted:
Quoted:
Reinstate Glass-Steagall.  Demand the money back that were given as low (virtually no) interest rates loan.  Seize their assets if they don't fork up.  F*ck the overseas central banks and lesser foreign banks.  F*ck our too big to fail too.  By passing TARP, both parties shifted the private burden of loss (of the Too Big To Fail) onto the taxpayers' shoulders.  That's a major reason why we're in trouble.


What would reinstating Glass-Steagall do?  A


For starters it would separate banks from investment banking, speculation, market exposure, derivatives, leverage, market making, securities hypothecation, and make them just BANKS again.  I think it would be a great move.


Why do you think that would be a great move?
Link Posted: 8/10/2011 10:49:07 AM EDT
[#13]



Quoted:





Quoted:

i wonder how he plans to "reptriate" all that money that went overseas




Yeah, was sounding ok till he got to the, "If I was president I would create a governmnet bank, because banks are evil..."


I haven't seen the clip but from your post he is a moron. The government have a bank and it is called the Federal Reserve. All Central Banks are always bad for the economy. What is needed right now is to close the Federal Reserve and let all zombie banks dies.



 
Link Posted: 8/10/2011 10:52:52 AM EDT
[#14]
I watch him from time to time. He's very articulate, but also tends to drown out his guests with his apparent love of his own ability to articulate his views.
Link Posted: 8/10/2011 10:54:53 AM EDT
[#15]



Quoted:



Quoted:


Quoted:


Quoted:

Reinstate Glass-Steagall.  Demand the money back that were given as low (virtually no) interest rates loan.  Seize their assets if they don't fork up.  F*ck the overseas central banks and lesser foreign banks.  F*ck our too big to fail too.  By passing TARP, both parties shifted the private burden of loss (of the Too Big To Fail) onto the taxpayers' shoulders.  That's a major reason why we're in trouble.




What would reinstating Glass-Steagall do?  A




For starters it would separate banks from investment banking, speculation, market exposure, derivatives, leverage, market making, securities hypothecation, and make them just BANKS again.  I think it would be a great move.




Why do you think that would be a great move?


I'm for less regulation. The problem isn't allowing banks to invest in the equity. The problem is not letting big business fail.



Business that have a history of losing money or/and large debt that can't be repaid will fail sooner or later. What the US government and Federal Reserve is doing is throwing tax money on these business that have no right to stay open. GM is a good example. It going to fail no matter how much money is given to them.



 
Link Posted: 8/10/2011 11:00:32 AM EDT
[#16]
You mean the part where he said "and Democrats, with all due respect."



?
Link Posted: 8/10/2011 11:01:06 AM EDT
[#17]
The best cure for the 'bought Congress' he went on about is.......term limits.
Link Posted: 8/10/2011 11:17:12 AM EDT
[#18]
Quoted:

Quoted:

Quoted:
i wonder how he plans to "reptriate" all that money that went overseas


Yeah, was sounding ok till he got to the, "If I was president I would create a governmnet bank, because banks are evil..."

I haven't seen the clip but from your post he is a moron. The government have a bank and it is called the Federal Reserve. All Central Banks are always bad for the economy. What is needed right now is to close the Federal Reserve and let all zombie banks dies.
 


You can't call him a moron in one sentence then say the government owns a bank in another. The Federal Reserve is a private bank, not government owned or operated. Central bank, yes. Government bank, no.
Link Posted: 8/10/2011 11:32:22 AM EDT
[#19]
He's right, but only half right.

Yes, the majority of congress is corrupt and bought and paid for.  Why on earth he doesn't think this is also true of the POTUS is beyond me.  They are all corrupt.  The country has been sold down the river, and the media folks that Ratigan works for and with, have made it all possible.
Link Posted: 8/10/2011 11:36:37 AM EDT
[#20]
Quoted:
Quoted:

Quoted:

Quoted:
i wonder how he plans to "reptriate" all that money that went overseas


Yeah, was sounding ok till he got to the, "If I was president I would create a governmnet bank, because banks are evil..."

I haven't seen the clip but from your post he is a moron. The government have a bank and it is called the Federal Reserve. All Central Banks are always bad for the economy. What is needed right now is to close the Federal Reserve and let all zombie banks dies.
 


You can't call him a moron in one sentence then say the government owns a bank in another. The Federal Reserve is a private bank, not government owned or operated. Central bank, yes. Government bank, no.


It's a private bank with a government-granted monopoly to increase the money supply through fractional reserve whose chairman is appointed by the President of the United States and who regularly answers to the Congress of the United States.

About as private as Krupp Steel in 1941.
Link Posted: 8/10/2011 1:01:35 PM EDT
[#21]
Quoted:
Quoted:
Quoted:
Reinstate Glass-Steagall.  Demand the money back that were given as low (virtually no) interest rates loan.  Seize their assets if they don't fork up.  F*ck the overseas central banks and lesser foreign banks.  F*ck our too big to fail too.  By passing TARP, both parties shifted the private burden of loss (of the Too Big To Fail) onto the taxpayers' shoulders.  That's a major reason why we're in trouble.


What would reinstating Glass-Steagall do?  A


For starters it would separate banks from investment banking, speculation, market exposure, derivatives, leverage, market making, securities hypothecation, and make them just BANKS again.  I think it would be a great move.


I agree
Link Posted: 8/10/2011 1:23:32 PM EDT
[#22]
Quoted:
Quoted:
Quoted:
Quoted:
Reinstate Glass-Steagall.  Demand the money back that were given as low (virtually no) interest rates loan.  Seize their assets if they don't fork up.  F*ck the overseas central banks and lesser foreign banks.  F*ck our too big to fail too.  By passing TARP, both parties shifted the private burden of loss (of the Too Big To Fail) onto the taxpayers' shoulders.  That's a major reason why we're in trouble.


What would reinstating Glass-Steagall do?  A


For starters it would separate banks from investment banking, speculation, market exposure, derivatives, leverage, market making, securities hypothecation, and make them just BANKS again.  I think it would be a great move.


Why do you think that would be a great move?


If  I want to bank my money I want it in a BANK.  If I want to invest it, I will go to a BROKER (or use an online brokerage firm).  That's the simplest answer I will give you, and let logic do the rest (I hope).  Each can do their respective jobs better that way.  It used to work pretty well, too before Clinton and Greenspan started screwing around...If you need more information then I suggest you do some research.  If you are just baiting me, I  will pass on having a debate with you on economic theory and monetary policy.  Find someone else for that.  

Done.
Link Posted: 8/10/2011 2:09:15 PM EDT
[#23]
Quoted:
Quoted:
Reinstate Glass-Steagall.  Demand the money back that were given as low (virtually no) interest rates loan.  Seize their assets if they don't fork up.  F*ck the overseas central banks and lesser foreign banks.  F*ck our too big to fail too.  By passing TARP, both parties shifted the private burden of loss (of the Too Big To Fail) onto the taxpayers' shoulders.  That's a major reason why we're in trouble.


What would reinstating Glass-Steagall do?  A


Glass-Steagall should never have been repealed.
Link Posted: 8/10/2011 2:29:59 PM EDT
[#24]
So his plan to clean up politics is for obama to stand up and demand Congress get with the program about taking the money out of it? Maybe obama can fit that in his schedule around the daily fundraisers while he is on track to collecting a billion dollars for 2012.






He was loud and wouldn't let the three other democrat fluffers speak at least.  

 
Link Posted: 8/10/2011 2:36:24 PM EDT
[#25]
Quoted:
Quoted:
Quoted:
Quoted:
Quoted:
Reinstate Glass-Steagall.  Demand the money back that were given as low (virtually no) interest rates loan.  Seize their assets if they don't fork up.  F*ck the overseas central banks and lesser foreign banks.  F*ck our too big to fail too.  By passing TARP, both parties shifted the private burden of loss (of the Too Big To Fail) onto the taxpayers' shoulders.  That's a major reason why we're in trouble.


What would reinstating Glass-Steagall do?  A


For starters it would separate banks from investment banking, speculation, market exposure, derivatives, leverage, market making, securities hypothecation, and make them just BANKS again.  I think it would be a great move.


Why do you think that would be a great move?


If  I want to bank my money I want it in a BANK.  If I want to invest it, I will go to a BROKER (or use an online brokerage firm).  That's the simplest answer I will give you, and let logic do the rest (I hope).  Each can do their respective jobs better that way.  It used to work pretty well, too before Clinton and Greenspan started screwing around...If you need more information then I suggest you do some research.  If you are just baiting me, I  will pass on having a debate with you on economic theory and monetary policy.  Find someone else for that.  

Done.


Do you have reasons and you just can't express them or do you not even know why you think banks shouldn't be allowed to engage in business other than banking?

Quoted:
Quoted:
Quoted:
Reinstate Glass-Steagall.  Demand the money back that were given as low (virtually no) interest rates loan.  Seize their assets if they don't fork up.  F*ck the overseas central banks and lesser foreign banks.  F*ck our too big to fail too.  By passing TARP, both parties shifted the private burden of loss (of the Too Big To Fail) onto the taxpayers' shoulders.  That's a major reason why we're in trouble.


What would reinstating Glass-Steagall do?  A


Glass-Steagall should never have been repealed.


Why should Glass-Steagall never have been repealed?
Link Posted: 8/11/2011 7:05:58 AM EDT
[#26]


Solid rant.

So let me see if I understand the current political climate in America at the moment...

The Left is mad at the Right, the Tea Party, and apparently even the President.
The Right is mad at the President, the Left and the Tea Party for their "hobbit-like" political meddling.
And the Tea Party is content to take shots at everyone and derail any opportunities for compromise.

Hmm.  Anyone else starting to smell smoke?

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