tag:blogger.com,1999:blog-7294296041883029217.post5220892522071382499..comments2023-10-01T03:44:27.443-06:00Comments on Prepare to be Wrong: The New AmericaSolfesthttp://www.blogger.com/profile/12600177979199165880noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-7294296041883029217.post-75981852409047109722010-01-24T10:20:43.209-07:002010-01-24T10:20:43.209-07:00It gets worse...
If the home of laissez-faire cap...It gets worse...<br /><br />If the home of laissez-faire capitalism does something crazy then we in Europe have to do something even crazier (OK, I declare some self-interest but that doesn't stop it being mad)... <br /><br />http://www.guardian.co.uk/business/2010/jan/22/gordon-brown-tobin-tax-bankingAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7294296041883029217.post-72967133154425670182010-01-22T00:07:02.924-07:002010-01-22T00:07:02.924-07:00Lucidly put, words to live by and remember.
Thank...Lucidly put, words to live by and remember.<br /><br />Thank you solfest. <br /><br />While it seemed that real capitalism (Adam Smith / Ayn Rand, possibly Friedman type) did seem like a possibility in the industrial surge after WWII, the bankers and political oligarchy bastardized it long ago into the mutant zombie capitalism that we have today.<br /><br />Fair trade and common sense that required nurturing never stood a chance.<br /><br />And we are all paying now.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7294296041883029217.post-60335082539718177302010-01-21T18:41:31.014-07:002010-01-21T18:41:31.014-07:00What is he doing for his people?
A politician wil...What is he doing for his people?<br /><br />A politician will say and do anything that gets them votes. <br /><br />That is why all democracies are eventually doomed.<br /><br />The only way to get elected is to promise to spend more and tax less.<br /><br />Because if you ask people that is what they want.<br /><br />It's an idiotic thing to do of course, but I can't think of a democracy that is currently doing otherwise.<br /><br />So my answer to my question, what is he doing for his people, he is burying them in debt. <br /><br />Oh and one more thing.<br /><br />Read Atlas Shrugged. :)<br /><br />Please before it's too late.Solfesthttps://www.blogger.com/profile/12600177979199165880noreply@blogger.comtag:blogger.com,1999:blog-7294296041883029217.post-27178684640063604892010-01-21T18:27:22.574-07:002010-01-21T18:27:22.574-07:00Solfest,
my question is: do most of the people i...Solfest, <br /><br />my question is: do most of the people in America like what they have been? <br /><br />I actually like what Obama's doing. D's going to be affected (and no more 4-monitor setup for me..), but it doesn't change how I feel about the steps that Obama's taking to finally do something for his people. <br /><br />I agree with you that people who can't afford a 500k home should not take out a 500k mortgage to purchase it. But we know that most people lack the ability to make wise decisions. They trust their government to give them good guidance. If I remember correctly, they were ENCOURAGED by the previous administration to SPEND. And so they did. <br /><br />I would still blame the bank. I would blame them the same way I blame Nigerian scammers for robbing unwary retirees of their life savings. <br /><br />I like Obama. For a while I didn't. But now I like him. <br /><br />If only he would spare D's bank...Juleshttps://www.blogger.com/profile/13279368221859540562noreply@blogger.comtag:blogger.com,1999:blog-7294296041883029217.post-45224764636219765552010-01-21T18:11:49.373-07:002010-01-21T18:11:49.373-07:00Economy is like trading. Without confidence and ca...Economy is like trading. Without confidence and capital, money can't be made.TSThttps://www.blogger.com/profile/03252248146918473416noreply@blogger.comtag:blogger.com,1999:blog-7294296041883029217.post-34157114637024374762010-01-21T15:39:31.616-07:002010-01-21T15:39:31.616-07:00According to the FDIC website, 170 banks have gone...According to the FDIC website, 170 banks have gone bankrupt since 2008.<br /><br />http://www.fdic.gov/bank/individual/failed/banklist.htmlTimChttps://www.blogger.com/profile/14813458476750232327noreply@blogger.comtag:blogger.com,1999:blog-7294296041883029217.post-59207794290279485992010-01-21T15:18:20.839-07:002010-01-21T15:18:20.839-07:00Does it matter?
I guess the anger from the borrow...Does it matter?<br /><br />I guess the anger from the borrowers stems from the fact that they are not too big to fail.<br /><br />So fail they did.<br /><br />The bankrupt banks should have got the same treatment.Solfesthttps://www.blogger.com/profile/12600177979199165880noreply@blogger.comtag:blogger.com,1999:blog-7294296041883029217.post-86451682284094907472010-01-21T14:50:34.272-07:002010-01-21T14:50:34.272-07:00Hmmm, I wonder...
Which came first? The idiot tha...Hmmm, I wonder...<br /><br />Which came first? The idiot that borrowed too much money? Or the idiot that was willing to loan it to him?TimChttps://www.blogger.com/profile/14813458476750232327noreply@blogger.comtag:blogger.com,1999:blog-7294296041883029217.post-75047959634345063392010-01-21T14:06:08.228-07:002010-01-21T14:06:08.228-07:00I knew you would come around LW.
Everyone please ...I knew you would come around LW.<br /><br />Everyone please read the article LW posted.<br /><br />What can you say, unbelievable, yet it's happening.Solfesthttps://www.blogger.com/profile/12600177979199165880noreply@blogger.comtag:blogger.com,1999:blog-7294296041883029217.post-3315108513218493292010-01-21T13:14:35.552-07:002010-01-21T13:14:35.552-07:00The only thing I don't like about this post is...The only thing I don't like about this post is that I agree with you 100% :-)<br /><br />It isn't just prop trading that banks should stop doing, they must also stop lending money to companies to allow them to buy other comapanies...<br /><br />http://news.bbc.co.uk/1/hi/uk_politics/8470776.stmAnonymousnoreply@blogger.com