BR_Parkway
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Sat Feb-21-09 09:56 AM
Original message |
Why do I have to bail out the stockbrokers & banks - I never bought |
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stocks and they just took on more than they could handle.
Funny, we don't see the talking heads ever make that comment - just keep blaming those who overextended in housing.
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zanne
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Sat Feb-21-09 09:58 AM
Response to Original message |
1. True. They gambled and bought bad stocks.... |
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And now we have to bail them out.
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Rosa Luxemburg
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Sat Feb-21-09 10:02 AM
Response to Original message |
2. it's always the 'little person' who has to take the blame for the rich |
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goes back a long way through history. I don't think we'll ever get equality.
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TBF
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Sat Feb-21-09 10:03 AM
Response to Reply #2 |
5. We're not giving up, Rosa. n/t |
begin_within
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Sat Feb-21-09 10:02 AM
Response to Original message |
3. Why do you hate America? |
TBF
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Sat Feb-21-09 10:02 AM
Response to Original message |
4. I've been saying that since the first bail-out. This is ludicrous. We don't |
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bail out casinos.
And the really crazy thing is that even if people freak out and bail them out once, you think they'd see the bankers lavishing themselves with bonuses and get a clue. But no, now they want to do it again.
Solution: Fed takes over and becomes the "bank of america". Put them out of their misery.
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BR_Parkway
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Sat Feb-21-09 10:09 AM
Response to Reply #4 |
6. The wouldn't even have to change the stationary if they keep that |
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name.
I'm just so sick of the freeper/limbaugh/M$M disconnect - Gawd forbid we help out people, but pull out all the stops to help out shareholders.
The longer this all goes on, the more I wonder if we wouldn't be better off to just let it all crash and rebuild rather than keep trying to prop it up. More painful in the short-term(maybe) but it's got to be better in the long run than what we've got to deal with now. At best, they manage to save a system that's only benefiting the few on the backs of the masses.
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TBF
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Sat Feb-21-09 10:17 AM
Response to Reply #6 |
10. That's the way I look at it as well. n/t |
Rashel
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Sat Feb-21-09 11:00 AM
Response to Reply #6 |
12. Freepers and carnival barkers like Hannity and Rush tell us we need them to create jobs |
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How many jobs did Madoff create?
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TBF
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Sun Feb-22-09 01:03 PM
Response to Reply #12 |
17. There are other ways to create jobs. n/t |
Avalux
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Sat Feb-21-09 10:09 AM
Response to Original message |
7. The standard cause of the crisis is housing - |
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Pukes and Wall Street blame the entire mess we're in on Fannie/Freddie and people buying more house than they could handle.
Makes we want to puke. :puke:
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Double T
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Sat Feb-21-09 10:13 AM
Response to Original message |
8. The stockholders, traders (also traitors), banks, investment banks own or pay for the.... |
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Edited on Sat Feb-21-09 10:14 AM by Double T
operation of MOST of the media outlets. The GD 'message' is controlled by these irresponsible crooked bastards; no wonder no one goes to jail and criminal corrupt corporate business continues as usual. Which came first, the sub-prime mortgage with smoke and mirrors language and no income verification check or the house buyer looking for a mortgage? Case rests!
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L0oniX
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Sat Feb-21-09 10:14 AM
Response to Original message |
9. Indeed. My home is paid for. Why do I have to bail out greedy asscarrots? |
KansDem
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Sat Feb-21-09 10:19 AM
Response to Original message |
11. I agree. We hear about how "investors" take "risks" when investing their money... |
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When times are good, these "investors" reap the rewards. But when times are bad, then they should endure the losses. But, nooooo, now we have to make their bad investments good. I didn't think it worked that way...
Apparently, when times are good, "investors" get rich, but when times are bad, "investors" get rich...:crazy:
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no_hypocrisy
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Sat Feb-21-09 11:37 AM
Response to Original message |
13. Very simply from what I understand |
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Edited on Sat Feb-21-09 11:38 AM by no_hypocrisy
The money for and from the investment banks are blended with the money for and from the banks you need in your life. You deposited money that left the bank that day. That money was given to your new neighbor who just got a mortgage to buy the house next to you. The mortgage paper had a value like an IOU and that paper was added to pile of other mortgage papers, sliced up, and sold to investors. And the investment banks sold the slices and got hefty commissions and bonuses. Your local bank depends on the investment banks selling its mortgages.
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BR_Parkway
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Sat Feb-21-09 11:47 AM
Response to Reply #13 |
14. But again, why do we keep focusing on rebuilding a system that |
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routinely crashes (normally after full onslaught of Republican policies)
And I was being sarcastic about having to bail out the banks (sort of) - but I keep waiting for someone to counter that idiot on the other day who the repubs keep trying to prop up as some new populist leader
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City Lights
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Sat Feb-21-09 11:53 AM
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15. Pitting average Americans against each other is much easier. |
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And it removes blame from America's master thieves. It's so much better for the corporate stooges if Americans are pointing fingers at their neighbors rather than America's corporate mastahs.
IMHO, your point should be put in writing to CNBC. I'd love to hear Little Ricky 'meth teeth' Santelli address it on camera.
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BR_Parkway
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Sat Feb-21-09 01:34 PM
Response to Reply #15 |
16. In a lot of ways, the Dems & Repubs do a pretty good job of similar |
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distraction as they both do plenty of bidding for their corporate campaign donating bribers masters that's not really in the best interest of We, the People.
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Fri Apr 26th 2024, 08:52 PM
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