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#41
Old 10-09-2012, 07:55 PM
The Tase
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Originally Posted by 1_Industrialist View Post

yea that's why the banks had to be bailed out and caused a economic meltdown because capitalism works so well...

If nefarious greediness was a virtue you'd be the most honorable man on bscene.
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#42
Old 10-09-2012, 08:03 PM
One_Tycoon
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Originally Posted by DTMB View Post
yea that's why the banks had to be bailed out and caused a economic meltdown because capitalism works so well...

If nefarious greediness was a virtue you'd be the most honorable man on bscene.
^^This of course is false premises leading to false conclusions.

Lets just say that Too Big To fail Banks is not Free Market Capitalism. Not even close.

Dodd-Frank insures that this continues, and that they will need yet another bail out at some point in the future, while sticking it to the smaller Community Banks...who give out all the loans to the small businesses and start-ups.
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#43
Old 10-09-2012, 08:15 PM
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This is just hilarious and shows the lack of knowledge of Liberal America.

Too big to fail banks who get cheap money from the Fed, therefore don't have to worry about who they lend out to......has nothing to do with Free Market Capitalism. What we need is Capitalism in the banking Industry, not Socialism....which is what we have right now.


You are assuming that it's Capitalism because you don't know what a free market is. You***65279; are confusing the current system with a free market. The current system is a corporatist-socialist hybrid economy. It was largely set up during the New Deal/Progressive eras. Particularly on the Monetary/Banking end. It has been added onto ever since. Both parties play around the edges of it.

Last edited by One_Tycoon; 10-09-2012 at 08:18 PM..
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#44
Old 10-09-2012, 08:26 PM
Jim Jeffries
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When I think of causes of this last Recession, elements that come to mind are George W Bush, Barney Frank, Chris Dodd, Nancy Pelosi, Harry Reid, Crony Capitalism, Clinton's repeal of the Glass-Steagall Act and the Community Reinvestment Act. An unadulterated, fundamental condemnation of Capitalism? On what planet?
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#45
Old 10-09-2012, 08:33 PM
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Capitalism needs rules and regulation in order to keep in check despite the proclamations of "constriction" from the right.


its funny how republicans all of a sudden care about the deficit and budgets now.....
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#46
Old 10-09-2012, 08:40 PM
One_Tycoon
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Originally Posted by DTMB View Post
Capitalism needs rules and regulation in order to keep in check despite the proclamations of "constriction" from the right.


its funny how republicans all of a sudden care about the deficit and budgets now.....

This is rich. I educate you and correct you about your Banking claim having anything to do with Capitalism, and this is all you got? A vague claptrap answer about "we need regulations and rules", yippidy yap. Throw in a partisan line about Republicans...for good measure.

Brilliant, just brilliant.
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#47
Old 10-09-2012, 09:00 PM
The Tase
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i remember this mofo "rif raf" from this old show called from G's to gents :lol1: he's afocking waste of space...thanks for the green! - jose830 A glass of the finest French wine (thx for k) - QuebecSTAR2 on me - sugarsmosley I hear you lad - Rocky... wears his heart on his sleeve - jas 
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Quote:
Originally Posted by 1_Industrialist View Post

This is rich. I educate you and correct you about your Banking claim having anything to do with Capitalism, and this is all you got? A vague claptrap answer about "we need regulations and rules", yippidy yap. Throw in a partisan line about Republicans...for good measure.

Brilliant, just brilliant.
our whole correspondence has been about capitalism.

go stroke your pretentious capitalist ego somewhere else weirdo.

what kind of person (of course an alt) goes online in a boxing site and spews nothing but greedy,racial, economic policies?

Look at your whole act dude, its fvcking sad.

At least p@ct@rds and fl 0m 0s belong here, wtf are you doing here?
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#48
Old 10-09-2012, 09:00 PM
Jim Jeffries
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Quote:
Originally Posted by DTMB View Post
Capitalism needs rules and regulation in order to keep in check
Absolutely, like the Glass-Steagall Act (which regulated speculation by banks, among other things.)

Quote:
despite the proclamations of "constriction" from the right.
Some rules and regulations = absolutely necessary. Too many = begins to become counterproductive and restrictive to growth.

Quote:
its funny how republicans all of a sudden care about the deficit and budgets now.....
Yeah it's real funny that anyone would care about the largest increase in the National Debt in history, when someone isn't even through with their first term yet.
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#49
Old 10-09-2012, 09:04 PM
One_Tycoon
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More, ad-hominem, strawman fallacies.

If you don't wanna talk Economics or Politics.....then don't create threads that revolve around them. So far...I see two threads that are still active on politics, and both created by you.

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#50
Old 10-09-2012, 09:15 PM
The Tase
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i remember this mofo "rif raf" from this old show called from G's to gents :lol1: he's afocking waste of space...thanks for the green! - jose830 A glass of the finest French wine (thx for k) - QuebecSTAR2 on me - sugarsmosley I hear you lad - Rocky... wears his heart on his sleeve - jas 
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Quote:
Originally Posted by Jim Jeffries View Post
Absolutely, like the Glass-Steagall Act (which regulated speculation by banks, among other things.)

Some rules and regulations = absolutely necessary. Too many = begins to become counterproductive and restrictive to growth.

Yeah it's real funny that anyone would care about the largest increase in the National Debt in history, when someone isn't even through with their first term yet.


Some of increases in debt was made by obama but that's because he had to make those choices due to the policies of W. you've got to spend money to make money.

But i know what is happening here, republicans want to attack obama on debt because that's the meat of their political strategy because everything else failed. Obama cant fix in 4 years what took 30 years to make.


The Debt.

The Deficit.

The Budget.

"the debt ohhh for the love of god the debt we owe china so much!!!! they gonna come and close timmy chan!!!!"

"the budget ohhhh its out of control we are spending a couple of trillion instead of only 800 billion NOOOOO mr. black president must be stopped because the lone super power in the world must have the budget of a cheap poor korean single mother "

As if the repo men are knocking at our door and ready to take our guns, bible, and internet because we are in debt.



Dont make me laugh. Since muslim terrorist fear mongering aint delivering right now, lets switch it up to economic fear mongering.

Brilliant. Just brilliant (politically speaking for republicans).
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