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#313200 - 08/05/19 01:06 PM Re: Is it too soon to be talking 2020? [Re: NW Ponderer]
chunkstyle Offline
enthusiast

Registered: 10/02/07
Posts: 2347
Originally Posted By: NW Ponderer
The problem was, and remains, that what they did was not "criminal" - though it should have been.


So whats this guy, William Black, on about?

How to rob a bank from the inside.

I especially like how he breaks down the regulatory oversight in charge of making referrals to the FBI and compares the crimes that were prosecuted in the wake of the S&L scandals of the 80's to the banking crimes culminating in 2008.
Was is Geithner that was quoted as saying they 'foamed the runway' for these banks? Wonder what he's doing today?

Oh..right...


Edited by chunkstyle (08/05/19 01:10 PM)

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#313203 - 08/05/19 05:15 PM Re: Is it too soon to be talking 2020? [Re: chunkstyle]
Greger Offline


Carpal Tunnel

Registered: 11/24/06
Posts: 16457
Loc: Florida
A lot of mistakes were made in the wake of the Great Recession.
I expect them to be repeated in the upcoming downturn unless Warren or Sanders are elected.
If we're lucky, Trump will force the crash before the elections and it will be on his shoulders entirely in November.

China has just turned the trade war into a currency war as well.
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#313242 - 08/07/19 12:17 PM Re: Is it too soon to be talking 2020? [Re: Greger]
chunkstyle Offline
enthusiast

Registered: 10/02/07
Posts: 2347
Originally Posted By: Greger
A lot of mistakes were made in the wake of the Great Recession.
I expect them to be repeated in the upcoming downturn unless Warren or Sanders are elected.
If we're lucky, Trump will force the crash before the elections and it will be on his shoulders entirely in November.

China has just turned the trade war into a currency war as well.





For some, it was not a mistake but a necessary action in order to preserve life in Amerika as we know it. Our very survival as Marketland depended on pushing mountains of money to the white collared criminals. That's how I remember the administration selling it to the public. Putting it down as a 'mistake' is far more generous than I can give it.

I would call it complicity in crime.

If that isn't enough to conclude that Liberalism is a dead end and a proven fraud I don't know what would be.

Biblical wealth inequality during the reign of the 'new democrats'. Just sayin.


Edited by chunkstyle (08/07/19 12:17 PM)

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#313243 - 08/07/19 12:21 PM Re: Is it too soon to be talking 2020? [Re: chunkstyle]
chunkstyle Offline
enthusiast

Registered: 10/02/07
Posts: 2347
I take that back. We have surpassed biblical wealth inequality during the reign of the 'new democrats' party stewardship.

At least they had institutionalized debt forgiveness in biblical times.

What we have is disciplining the working class with punishment, heaven on earth for the rich now.

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#313263 - 08/08/19 03:44 AM Re: Is it too soon to be talking 2020? [Re: chunkstyle]
Greger Offline


Carpal Tunnel

Registered: 11/24/06
Posts: 16457
Loc: Florida
Quote:
I would call it complicity in crime.

Of course it was. Whenever in the history of whatever has it ever worked otherwise?

The plight of the workingman is not a new plight. Business is always in cahoots with the government.
_________________________
Good coffee, good weed, and time on my hands...

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#313265 - 08/08/19 09:21 AM Re: Is it too soon to be talking 2020? [Re: chunkstyle]
pondering_it_all Offline
veteran

Registered: 02/27/06
Posts: 9479
Loc: North San Diego County
And yet government is the only force strong enough to keep capitalism in check. Forgive me if I don't believe in the power of labor unions to do it, given recent history. FDR's government programs did a lot more than the unions ever did since we got rid of child labor and started working 5 days a week. If not for government regulation, we would all be slaves with big debt accounts at the company store and indenture until retirement (AKA euthanasia) as soon as our cost/benefit ratio reached 1.

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#313266 - 08/08/19 12:34 PM Re: Is it too soon to be talking 2020? [Re: pondering_it_all]
chunkstyle Offline
enthusiast

Registered: 10/02/07
Posts: 2347
I guess it's true PIA. That must be why it's such a middle class paradise in the U.S. today. Government has been so awesome at keeping capitalism in check!

As a matter of fact, why read history? Didn't the lanyard people declare it dead a few years ago as we reached a state of grace and perfection and all that would have to be done is simply manage it into the flat earth future?

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#313268 - 08/08/19 03:45 PM Re: Is it too soon to be talking 2020? [Re: chunkstyle]
Greger Offline


Carpal Tunnel

Registered: 11/24/06
Posts: 16457
Loc: Florida
I don't think he said government was doing a good job of it, just that only government can control it.

labor unions are bullsh*t. Why should workers have to collectively beg for a living wage? For Insurance? For training and education? Shouldn't those things be mandated by a government of, by, and for "the people"?
_________________________
Good coffee, good weed, and time on my hands...

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#313269 - 08/08/19 05:28 PM Re: Is it too soon to be talking 2020? [Re: Greger]
chunkstyle Offline
enthusiast

Registered: 10/02/07
Posts: 2347
Originally Posted By: Greger
I don't think he said government was doing a good job of it, just that only government can control it.

labor unions are bullsh*t. Why should workers have to collectively beg for a living wage? For Insurance? For training and education? Shouldn't those things be mandated by a government of, by, and for "the people"?



Are you doing irony Gregor?


Edited by chunkstyle (08/08/19 05:29 PM)

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#313270 - 08/08/19 05:59 PM Re: Is it too soon to be talking 2020? [Re: chunkstyle]
chunkstyle Offline
enthusiast

Registered: 10/02/07
Posts: 2347
In case anyone missed it this week:


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