capitalism
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- Witt0
LOL. ukit... it's not about parties. It's about reason. Money should be on the streets. It's the only way people will pick it up, learn, and invest and take a chance. If it's all wind up in bank theories, people will be afraid of it because Banks are motherfuckers and you know that. You put money on people's hands economy blooms, you put money on banks, economy dwarfs. No secret there.
- ukit0
True...but it's ironic that the government has grown far more under conservatives. Conservatives are supposed to be about saving money and not wasting it, but no conservative in recent history has ever done that.
- KwesiJ0
"Hedge is dead!"... and the slaves rejoiced.
- Witt0
I know little about the US (except their films: shoot, snow and spy), but truly I can't bring my mind to understand that any American would rather have it's tax money in Washington under some funny rule, than have it in it's own hands. Same thing happens in Europe: we're fed up with the State (keep the rules though) - but just give us our money back - and fuck off.
- btw i like those films.Witt
- especially snow. great flick.TheBlueOne
- No movie is great without snow+cottage and a bit of mystery. Shut it, spoiler.Witt
- ukit0
In the US we like to have it both ways. Tax cuts, and at the same time the government spends, but from borrowed money. That's pretty much what Bush has done.
- Bryce0
"Banks are motherfuckers and you know that."
yeah, let's git rid of those useless institutions! hey, while we're at it, let's abolish all forms of credit! and you know what? i never really liked fiat currency. let's do away with that too.
- if we (theoretically speaking) got rid of those, what would be the loss? Can you give it in numbers?Witt
- Bryce, you know. Banks lie. It's never like they say it is. People go to a bank expecting to be robbed.Witt
- the repercussions of no credit system and no fiat currency? do you really need me to tell you?Bryce
- What would it affect, except money expectations? you see, crashes don't affect people. They affect stuff-value.Witt
- mrdobolina0
bryce is a fucking troll, ukit. don't justify that shit.
- Bryce0
do you keep your savings in cash under your mattress witt? i almost don't want you to tell me...
- I keep it in euros in your mother's bra.mrdobolina
- I have no savings to keep. If I did I would buy houses, not bank bonds.Witt
- Witt0
I'm not a communist, but banks should be nationalised by every EU country (to steady affairs, and keep low tax for youngsters who are starting a family). The rest of economy should run free. It would work in Europe I think. What put us off from our crazy ideas? Bank fear and tax.
- ukit0
Bryce for president of...
- prosperityBryce
- the southmrdobolina
- ...Bullshit. Its a country now.KwesiJ
- Bryce0
" Banks destroy lives.."
either a) you are clearly misinformed or b) some personal animosity against some financial institution is clouding your judgement.
but tell me, how do banks destroy lives?
- Are you aware of the sub-prime case?MrOneHundred
- people destroying their own lives, not banks. but of course, there must be SOME scape goat.Bryce
- heaven forbid borrowers take responsibility for their own actions.Bryce
- heaven forbid there be some regulation to stop predatory lenders too, right? 2 way street bitch.mrdobolina
- "people destroy their own lives". If so, why do you try to sell them your shit thru publicity anyway?Witt
- You're just a pusher?Witt
- mrdobolina0
If a lender borrows a person money to buy something they cant afford, there is no responsibility on the part of the lender? that is econ 101, what dont you get?
- Bryce0
how does preventative regulation equate to abolishing the banking institution again?
- you're confusing me with your straw man.mrdobolina
- you seem to accept that "Banks destroy lives.."Bryce
- go back into your notes and see who said that.mrdobolina
- your protest was in response to my response to that statementBryce
- people made bad decisions, lenders tried to take advantage, you blame only the borrowers, like a true shithead republican.mrdobolina
- you started the anti-america thread the other day right? why do you hate americans so much?mrdobolina
- i'm anti-anti-Americanis...Bryce
- you're a huge cunt that is certain.mrdobolina
- MrOneHundred0
If sub-prime lending is such a great thing, how do you explain what is happening to the banks who indulged so heavily in it?
- when did i say it was a great thing?Bryce
- Why defend it if you don’t think it’s great?MrOneHundred
- you blamed the people and not the orgs that borrowed it to them, they made shite biz decisions as well.mrdobolina
- i'm not defending predatory sub-prime lending...Bryce
- the banks lended it to people who couldnt afford the loans.mrdobolina
- Bryce0
borrowers lied on their applications. straight up lied about their incomes. now you're telling me it's the BANK's fault for the resulting crisis?
- Banks and Mortgage brokers often filled out loan applications leaving borrowers to “just sign here”.MrOneHundred
- umm irs records are a very simple thing, those banks knew what was going on.mrdobolina
- they were borrowing to people who didnt even have green cards ffs. no negligence there?mrdobolina
- either you are dumb as a rock or a shill, which is it?mrdobolina
- Witt0
believe it or not, it's people like bryce that makes the world go round, and round, and round, and round. Sell shit to the people, it's their fault you're selling shit to them.
- Oh, I believe it, I just don’t like it.MrOneHundred
- I meant - you keep pushing stuff, people will bend somewhere along the line..Witt
- Witt0
Honestly, I just need... someone to love. But banks should be fucking nationalised and all the rest of the money should run free! Free! You hear, bryce? Free! Banks sell you houses 3x times what they're worth even in your lifetime. Get real man.