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Credit Default Swaps should be illegal, honestly.
Wild Arms Junky.
I've never been "100% bailout w/ no restrictions". Cuz that's stupid. Anti-trusting the banks is the best middle ground we could have hoped for. Or SEVERE penalties for the companies/individuals that caused the mess. We didn't really get what any one wanted these past couple of years, from any one in office. I could care less if businesses go out of business as long as it doesn't ruin the country too.Originally Posted by Yoshi
What's making me lean towards your side of the court on this is that the banks continue to be pieces of shit in a variety of ways. It's not like the car companies who got bailed out and have gone on to make some of the best vehicles in their history. With the banks we've basically gotten more of the same. They're being asses about everything they possibly can so basically just like you I've said fuck the banks and have
Most credit unions are non-profit or owned by the depositors/employees right? That's the way it is at mine. So there's little point for them to gamble.
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Credit Default Swaps should be illegal, honestly.
You sir, are a hideous hermaphroditical character which has neither the force and firmness of a man, nor the gentleness and sensibility of a woman.
Wild Arms Junky.
He'll prolly try to say the Republican presidents and/or admins set up the Democrats for the prosperity. I heard this quite a bit when Clinton was in office.
http://www.fvza.org/index.html
There's nothing to refute. Since economic impacts are never instant, you often see the next guy benefit from stuff the prior guy did. Add that to the fact that the president doesn't pass the budget, and it's an interesting but meaningless "stat." Also keep in mind that the quality of jobs isn't measured there at all, so the underemployed are treated like everyone else with a job. It's like how unemployment just went down because so many people gave up, shrinking the denominator, as opposed to more people actually being employed, increasing the numerator.
And then, of course, there are small things like WWII that likely skew the whole thing.
Last edited by Yoshi; 19 May 2012 at 05:55 PM.
I have to give Obama credit for never blaimg Bush for anything, since only Republicans talk about the prior administration.
Wild Arms Junky.
Although I'd wager that other things beyond the government's control are far more vital to the job market. Tech boom of the 80's/90's and some other thing come to mind. It's easy to scape goat politicians or praise them but sometimes we need to be honest. Bush wasn't responsible for the job market crash and the end of his admin for example.
http://www.fvza.org/index.html
Agreed. There are tons of variables. And Congress likely has more to do with it than the president if we limit the discussion to government.
Wild Arms Junky.
It's soooooo hard to get people to understand that the President is largely a puppet for congressional/senatorial shittiness. As is convincing people that sometimes if a bill has enough votes in the legislative branch that a veto would be a waste of the President's time. Or the difference between something state or Federal. America does a pretty lousy job teaching people basic civics.
http://www.fvza.org/index.html
And personal finances and math and... We need a huge overhaul to our educational priorities. I'm not even sure it would cost more. Part of high school has to be to teach the kids who are not college material how to be functioning adults. And it even makes more sense to teach the college bound kids in high school too, because you're paying less than you would at the college level for relatively basic information.
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