STUPID POLITICAL LOGIC: Don't break up the big banks

[Skwmom]

because jobs will be lost (ignoring the fact that jobs could actually be created b/c it is not like this dept stays with this portion and that dept goes with the other portion ) and ignoring the fact that when those banks fail again (AND THEY WILL) millions of Americans will lose their jobs, homes, and savings.

They will come up with any stupid argument to protect the big money interests.

Corruption breeds incompetence: Which is why we have so many idiots working in government and the big banks.

[JonathanRackham]

1. Trust and monopolies?

Historically didn't the US already go through a phase when it broke up the big trust and business monopolies?

http://www.investopedia.com/articles/economics/08/hammer-antitrust.asp

[Skwmom]

2. It's like we are back to where we started from (in many ways).

[SamKnause]

3. Exactly !!!

We have already fought many of these battles.

We use to have near tuition free public universities and colleges.

There were minimal costs, but the working poor and the

middle class were not shut out.

We already had the abortion fight.

The countries 'government' is stuck in the proven failed supply side

economics era and they refuse to budge.

The countries 'government' has blurred the lines between

'Separation of Church and State'.

The religious fringe aligns with the proven failed supply side economics crowd.

I am sick of the Bush family.

I am sick of the Clinton family.

My candidate is such a breath of fresh air.

If he gets elected, he will fight like hell for us.

[JonathanRackham]

8. Once a candidate is elected we have to continue to support them......

.....but also remind them of who elected them.


Kennedy, Bush, Clinton, Rockefeller, Cuomo; Europe had it's royal families, we have ours. They can be political or they can be mismanaged family heirloom businesses.

What happened to the concept: "Of the people, by the people, for the people."?

I did hear that Bernie interned under FDR.

[JonathanRackham]

5. Big banks and savings accounts

As a kid I could put $100 in a local bank savings account and get 4% to 6% interest being a little person. (circa 1965). Today I can have $3000 in savings and be lucky to get .025%. No encouragement to save there.

Then I find out banks donate to both sides of the political aisle to obviously get laws passed to benefit them. These are the banks that pay millions in bonuses to their executives and yet pay tellers <$15 per hour and fire them for mistakes.

Then the banks charge 20% credit card interest rates to college kids just starting out on top of their over priced loans.

Then I get a call to find out my credit card account has been compromised and I have to jump through hoops to get the bogus charges removed. I personally prefer to decide how I waste my time.

I'm supposed to trust my 401K retirement savings to Wall Street brokers? Good thing I have an appointment this afternoon to sell a kidney on EBay using PAYPAL.

It's financial slavery.

[seekthetruth]

4. Yep, and foolish and short-sighted Democrats think the free market....

....will take care of itself. But, sadly politicians keep getting those contributions.......

[JonathanRackham]

6. BINGO!

Honest politicians generally have short careers.

[1StrongBlackMan]

7. Who has said "Don't break up the big banks because jobs will be lost"?

[CrispyQ]

9. Why doesn't the 'losing jobs' argument ever apply to outsourcing?

[BlueStateLib]

12. Maybe because NAFTA saved 800,000 jobs in the American auto sector

“Without the ability to move lower-wage jobs to Mexico we would have lost the whole industry,” said Gordon Hanson of the University of California, San Diego, who has been studying the impact of Nafta on industries and workers since its inception more than two decades ago.
http://www.nytimes.com/2016/03/30/business/economy/nafta-may-have-saved-many-autoworkers-jobs.html?_r=0

[BlueStateLib]

14. PacBell is owned by who now, AT&T

[uponit7771]

13. uninformed dogmatic logic: don't have a practical plan to do anything

[malokvale77]

15. "Corruption breeds incompetence"

What better example than our very own Democratic party front runner.

[MisterP]

16. "just think how much Sanders' Plan E will cost!" (never mind that we pay enough for single payer for

the US *and* Russia)