Deadly Assault on AZ Congresswoman...
01-08-2011, 11:40 PM
#32
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In theory, the best people to name would be financial people.
Ben Bernanke
Henry Paulson
Timothy Geithner
Remove anyone in the administration who has ANY ties to Wall Street, the banking or oil industries. Also, kill all the lobbyists in Washington DC.
That would pretty much start the change that we really NEED in order to get back on the right track.
Ben Bernanke
Henry Paulson
Timothy Geithner
Remove anyone in the administration who has ANY ties to Wall Street, the banking or oil industries. Also, kill all the lobbyists in Washington DC.
That would pretty much start the change that we really NEED in order to get back on the right track.
1)Actors, agents, figures or whatever you'd like to call them only act as a cog in the machine. You kill 'em, some other Patrick Bateman looking yupbot is going to take the vacancy. Machine still ticks.
2) Ben Bernanke and to some degree Geitner should be thanked for not allowing politicians to have their way. If we did not stimulate the economy, then the US economy would've been highly susceptible to deflation. That's bad. Look at Japan, where have they gone since the 90's?
re: this looney, there's still a second suspect on the loose and until we get a hold of his ***, I'll reserve judgement.
As for Paul's comment regarding John Wheeler, I hate to be that conspiracy guy, but a dude with no history of mental deficiency is last seen wacked out his mind a few days after xmas, gets his body dumped 13 miles away, and he's known to be a biochemical weapons expert. I just read a headline about Wheeler which read, "We may never know what happened to Wheeler"
01-09-2011, 01:14 AM
#34
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Lulz, you must not understand economics. Sure, you can be pissed that they are part of a profession which is greased by back door dealings. We all are. Ben Bernanke and to some degree Geitner should be thanked for not allowing politicians to have their way. If we did not stimulate the economy, then the US economy would've been highly susceptible to deflation. That's bad. Look at Japan, where have they gone since the 90's.
No, perhaps it is you who doesn't understand economics. If we believe your version of events, then Timothy Geithner & Ben Bernanke didn't threaten that the tanks would roll out, the economy would collapse, the market would completely implode unless Congress BRIBED (not the word he used) the major banks with a 700+Billion "bailout"?
Why isn't the "stimulus" working? Probably because it benefits the richest people, and does NOTHING to the average American. Why are we in our second Quantatative Easing? Why didn't the first one work? Instead of deflation, we're getting INFLATION.
When Obama promised "change", what he meant was that it would describe all the money we'd have left in our pockets after the bankers, mortgage companies, investment banks and other "money managers" got done raping and pillaging the Treasury.
Why isn't the government doing to the banks what the banks are doing to us? I'm sure you haven't seen the news reports where Bank of America is making up new "service tiers" where you'll get charged every month for anything having to do with your account. Credit Card companies are jacking up interest rates to 30%+, charging $35 over limit and late fees each month - charging yearly "membership" fees - anything to make a profit.
Why doesn't the government, in OUR interest simply charge each bank 35-40% interest, and charge 90% taxes on any bonuses given out by the banking industry? That would be because the former heads of all these money monger companies are now working in the administration - working from the inside to rape and pillage the average American...
...all while telling the average American that the patriotic thing to do is go out and spend, spend, spend in order to stimulate the economy. Some are gobbling it right up, because they can't resist the temptation of the latest shiny trinket, for which they are willing to give up the future of this country...
01-09-2011, 09:05 AM
#35
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I pussed out? I don't see it that way, but allow me to expand:
1. Any politician that supported The Bail Out.
2. Any politician that supported ObamaCare.
3. Any politician supports ALL forms of welfare, in its current form.
And to round out my list,
4. Any politician that supports status quo.
The government we have allowed to form is a direct reflection of the people; most people want something for nothing, are not willing to sacrifice(but demand that others do), etc.
I believe the average American does not have the stomach to do what is necessary to be us back on track.
1. Any politician that supported The Bail Out.
2. Any politician that supported ObamaCare.
3. Any politician supports ALL forms of welfare, in its current form.
And to round out my list,
4. Any politician that supports status quo.
The government we have allowed to form is a direct reflection of the people; most people want something for nothing, are not willing to sacrifice(but demand that others do), etc.
I believe the average American does not have the stomach to do what is necessary to be us back on track.
01-09-2011, 10:28 AM
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2) Ben Bernanke and to some degree Geitner should be thanked for not allowing politicians to have their way. If we did not stimulate the economy, then the US economy would've been highly susceptible to deflation. That's bad. Look at Japan, where have they gone since the 90's?
if i came to your house and **** on your carpet, but then came back and cleaned it up, i'm still that ******* that **** on your rug.
Last edited by Irrational X; 01-09-2011 at 10:33 AM.
01-09-2011, 11:10 AM
#40
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Why don't we instead of looking at Japan (a sign of failure according to you), let's look at Germany, who made the difficult decisions based on what was good for the country, not the bankers, not the stock traders and speculators, not the oligarchy. Why is it that my in-laws are telling my wife that companies are desperately hiring workers, because the economy is recovering so rapidly?
No, perhaps it is you who doesn't understand economics. If we believe your version of events, then Timothy Geithner & Ben Bernanke didn't threaten that the tanks would roll out, the economy would collapse, the market would completely implode unless Congress BRIBED (not the word he used) the major banks with a 700+Billion "bailout"?
Why isn't the "stimulus" working? Probably because it benefits the richest people, and does NOTHING to the average American. Why are we in our second Quantatative Easing? Why didn't the first one work? Instead of deflation, we're getting INFLATION.
When Obama promised "change", what he meant was that it would describe all the money we'd have left in our pockets after the bankers, mortgage companies, investment banks and other "money managers" got done raping and pillaging the Treasury.
Why isn't the government doing to the banks what the banks are doing to us? I'm sure you haven't seen the news reports where Bank of America is making up new "service tiers" where you'll get charged every month for anything having to do with your account. Credit Card companies are jacking up interest rates to 30%+, charging $35 over limit and late fees each month - charging yearly "membership" fees - anything to make a profit.
Why doesn't the government, in OUR interest simply charge each bank 35-40% interest, and charge 90% taxes on any bonuses given out by the banking industry? That would be because the former heads of all these money monger companies are now working in the administration - working from the inside to rape and pillage the average American...
...all while telling the average American that the patriotic thing to do is go out and spend, spend, spend in order to stimulate the economy. Some are gobbling it right up, because they can't resist the temptation of the latest shiny trinket, for which they are willing to give up the future of this country...
No, perhaps it is you who doesn't understand economics. If we believe your version of events, then Timothy Geithner & Ben Bernanke didn't threaten that the tanks would roll out, the economy would collapse, the market would completely implode unless Congress BRIBED (not the word he used) the major banks with a 700+Billion "bailout"?
Why isn't the "stimulus" working? Probably because it benefits the richest people, and does NOTHING to the average American. Why are we in our second Quantatative Easing? Why didn't the first one work? Instead of deflation, we're getting INFLATION.
When Obama promised "change", what he meant was that it would describe all the money we'd have left in our pockets after the bankers, mortgage companies, investment banks and other "money managers" got done raping and pillaging the Treasury.
Why isn't the government doing to the banks what the banks are doing to us? I'm sure you haven't seen the news reports where Bank of America is making up new "service tiers" where you'll get charged every month for anything having to do with your account. Credit Card companies are jacking up interest rates to 30%+, charging $35 over limit and late fees each month - charging yearly "membership" fees - anything to make a profit.
Why doesn't the government, in OUR interest simply charge each bank 35-40% interest, and charge 90% taxes on any bonuses given out by the banking industry? That would be because the former heads of all these money monger companies are now working in the administration - working from the inside to rape and pillage the average American...
...all while telling the average American that the patriotic thing to do is go out and spend, spend, spend in order to stimulate the economy. Some are gobbling it right up, because they can't resist the temptation of the latest shiny trinket, for which they are willing to give up the future of this country...
I knew you were going to bring up Germany. First of all, You're comparing 2 very different economies. We are a leading importer, while Germany is the third or second leading exporter. You can see that manufacturing jobs can increase more quickly, than say tech entry level jobs. Even the manufacturing jobs here compared to those in Germany.
Another point I have to drive home is that although important, employment and the unemployment rate, is NOT the only indicator of an economy. Another is the inflation rate. Now, you said we have inflation. Can you cite your sources? It's actually zero. For the last 2 years, it's been zero. Now, the Fed Bank cannot do all that which you say is required. It can only set monetary and fiscal policy. I was telling you that Bernanke/the Federal Bank's actions has not given us inflation (if it within target rate, it is actually a good thing) but has not given us deflation. And as the leading economy, deflation would have serious serious implications globally. In short: if you have deflation, there are no loans, which means no growth (or sustainment), which leads to bank runs then depression. If you shake the general public's faith in the banking system, it leads to bank runs, then depression. We are in a precarious position with regards to financial institutions where they literally have the public and the gov't by the *****.
Anyways, cliff notes: Ben Bernanke are just fed bank bureaucrats; you can only do some much by setting policy. Systemic financial changes, re-industrialization, and a slew of social reform is required for America to the greatest again.
01-09-2011, 11:12 AM
#41
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Greenspan /= Bernanke. They have very different economic theories. Again, I was just arguing that Bernanke is not the baddie scapegoat the media makes him out to be. It's easier to blame it on an agent, as opposed to a system of systems.
