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Financial-Monopoly BACKLASH!!

Discussion in 'U.S. Politics' started by Mr. Shaman, May 3, 2009.

  1. Mr. Shaman

    Mr. Shaman Well-Known Member

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    [​IMG]

    "Hell, Barak....they'll probably put the TWO-of-us on the $100-bill!!"
     
  2. BigRob

    BigRob Well-Known Member

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    They'll need to put them on the billion dollar bill to cover all the inflation he is creating.

    Anyway, glad to see that we are regulating the risk we can take. Taking risk the backbone of a capitalist system, glad to see Obama admitting that capitalism is bad...
     
  3. Mare Tranquillity

    Mare Tranquillity Well-Known Member

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    Well, there is risk and there is risk. If your pension fund invests in the stock market, that's one kind of risk, but if they take the money to Las Vegas and gamble with it, then that's a whole different kind of risk.

    For the last couple of decades the regulatory oversight of the banking and insurance industries has been gradually eroded so that they were able to gamble with the money instead of invest it--this is the downside to a completely unfettered capitalistic system: insane greed run rampant. This is not capitalism, it's financial anarchy.
     
  4. Andy

    Andy Well-Known Member

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    The problem with this theory is, you can't show me in which way we have stopped regulating the banking system. In fact, the only example given is Gramm-Leach-Bliley Act, which if you look at which banks are covered under that act, they are the ones surviving. It's the ones that were not covered that are going broke.

    In short, there is zero evidence provided thus far that supports your claim. It's all hearsay. If you'd like to provide some evidence, feel free.
     
  5. Mr. Shaman

    Mr. Shaman Well-Known Member

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    .....The Ultimate-argument against privatizing retirement-accounts.​
     
  6. Mr. Shaman

    Mr. Shaman Well-Known Member

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    Another example-free B.S.-generalization.

    How crafty of you.

    :rolleyes:
     
  7. Mr. Shaman

    Mr. Shaman Well-Known Member

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    .....Followed by KARMA-Time; 2009!!!!!

    :cool:
     
  8. Mr. Shaman

    Mr. Shaman Well-Known Member

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    Here's a lil' insight on AIG.​
     
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