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Which says that it's what its fans value the most.
It's what you'd pick up from just watching the YouTube clips, I'd imagine.
Originally Posted by Razor Ramon
Which says that it's what its fans value the most.
i drink it up!
I agree with 1/2 of this. While the government shouldn't be using your money to bail out anybody in the market, they also shouldn't have allowed those loans to take place without serious background checks. If the government had regulated the way banks monitored lendee's finances half the people walking in to variable mortgages would have been told to buy a cheaper house at the least and denied entirely at worst (which is a good thing).
The deregulation of the banking and insurance sector the Republicans clamoured for did NOT help your country in any small or big way. The problem with capitalism is that you can have two companies rivaling each other, which acts as a power vacuum for any smaller third or fourth parties. The example here I'd use for you is Coke and Pepsi. Coke and Pepsi are deadlocked at 50% - 51% of their respective markets. There's no incentive for Pepsi or Coke to take 100% and strive harder now. Why would they? They're both rich out the wazoo.
So some market regulation isn't bad. But determining what kind of regulation is good for America (to avoid this whole situation in the future) is where the real ground work needs to be done.
on Fast track Status
Hahaha. Anyone whose sincere solution to problems is, "Let it all collapse" or "Nuke the Middle East," claiming complete understanding of the real world and the consequences of it all, is a fucking hoot.
Hell anyone with the stance "no one but me understands the real world" and sincerely believing such a thing, is always good for a few laughs.
Good times.
But seriously you have no ideas about the economy that would ever be realistically implemented, or that hasn't already been said a million times by every Jerry Doyle, Bill Cunningham, and Rush Limbaugh, so please stop claiming to be the fountain of economic knowledge that you do.
"Privatize everything" is just fucking silly. Such as statement is just as bad as "Socialize Everything
Last edited by youandwhosearmy; 22 Mar 2009 at 06:06 PM.
See, you're missing the part about the Clinton administration strong arming the banks to loan completely unqualified people money. Deregulation was not the root of the problem. In fact, regulation to do the wrong thing was.
And Coke and Pepsi haven't kept 7Up from making a ton of money.
Last edited by Yoshi; 22 Mar 2009 at 06:03 PM.
Who said anything about "let it all collapse"? There are plenty of banks who aren't in the line for handouts and would love to swallow up good investments from the morons who need the handouts. Nothing would collapse but companies who made bad decisions with Clinton's gun to their heads.
There are lots of people who understand the real world. You're just not one of them.
i drink it up!
I don't think that's true regulation in general, though (and bullshit). Strong arming a bank in to making loans is not free market, or light regulation. Regulation, at least my understanding of it, would be a standardized process a bank needs to undertake before a loan can be secured. A specific set of guidelines and checks to make sure they aren't giving some schmuck making 32k a year a 3,000,000 mortgage or general loan. When I asked for a line of credit I had a routine check and a lot of financial questions to answer as my bank asked them. That's the kind of eye you need on it.
The Clinton administration did a lot of stupid shit the media didn't call them on (he fired a shit ton more lawyers than Bush ever did). It seems all of the political leaders since Reagan were total dickwads.
Also keep in mind that I admittedly don't believe there's a true 2 party system these days, either. The only things that seems to change when the Dems and Reps get in to power are the smaller issues like funding for abortion clinics. Though in Obama's defense he did allow stem-cell research, but that was inevitable in order for America to keep up with the world in medial research anyway.
on Fast track Status
Those that never watched the Daily Show during the Clinton Administration have no fucking ground to stand on when it comes to its content. Kilborn brutalized Clinton. As did Stewart. in the early days. It was a much less politically minded show, but it was there
Bush was a comic goldmine that everyone took advantage of, and they had every right to as well. The fact that Bush did a lot of silly fucking things while in office made it easier for good ratings. I agree it has a left slant under Stewart that has become more and more prominent as time has gone on, but if you never saw the Clinton presidency era then you really have no idea what your talking about.
Keep em coming oh great guru of knowledge.
Last edited by youandwhosearmy; 22 Mar 2009 at 06:11 PM.
i drink it up!
YAWA, don't for a second think I believe you're seriously making the analogy that what Yoshi is saying (reap what they sow) is in anyway correlating to the ignorant nuke the middle east racists yell whenever they feel they need to beat their chests.
No they haven't. Pepsi owns 7up That's kind of my point. Ocean Spray was the last drink cocktail that really penetrated the market with a fresh product. But guess what? Pepsi owns them, now, too. Like I said: power vacuum.
Last edited by Drewbacca; 22 Mar 2009 at 06:15 PM.
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