Originally Posted by elphenor (Post 1956131)

I don't know that banks are more corporatized now considering they were max, cause the financial crisis, entirely motivated by short term profit corporatized already 4 years ago when this rule was implemented

Originally Posted by elphenor (Post 1956131)

I don't know that banks are much more corporatized now considering they were max, financial crisis, entirely motivated by short term profit corporatized already years ago when this rule was implemented

Or I guess I just don't know what you're referring to

point of the rule is to curb bets with depositors money that contribute to financial collapses being catastrophic

Originally Posted by elphenor (Post 1956136)

they want to take chief executives of banks word for it, brilliant

Originally Posted by Chula Vista (Post 1956099)

(I know you peeps hate when I play the age card, but I'm playing it)

DWV, the older you get the more closed the window into your ideology becomes. The concrete hardens more and more with each passing year. At this point (turned 58 today - YAY!!!) there's a number of fundamental things, subjects, positions, etc. that I'm steadfast in, i.e., not open anymore for debate.

I've said this a number of times, I didn't sign up for a debate club. If you disagree with one of my positions, fine. Just stop trying to subtlety make me out as a dullard for holding them.

Originally Posted by Frownland (Post 1956120)

The Fed just proposed a plan to make life easier for banks by loosening the 'Volcker Rule'

Would be a good move imo, this rule has contributed quite a bit to the corporatization of the banking industry (well, more corporate than past decades, that is).

Originally Posted by wolverinewolfweiselpigeon (Post 1955958)

Originally Posted by DwnWthVwls (Post 1956059)

Huh? When did i tell him what to post? And yes, he can be. Im not really sure what youre getting at. I was just encouraging him to post more and seperately explaining why his posts have been ignored or mocked in the past.

Originally Posted by DwnWthVwls (Post 1956143)

All I got from this is that its correct to be racist if youre old and believe your racial superiority is true. I dont care what you think is true. I care about believing something for a logical reason and whats actually true based on the reality we experience.

If you believe something without sound reasoning you are a dullard.

Originally Posted by OccultHawk (Post 1956144)

Can you explain to me why that’s your opinion?

Trying to wrap my head around economics makes me dizzy but it seems to me that “having stakes in a hedge fund or private equity fund“ is the type of thing that encourages corruption.

Honestly, I’m not even quite sure what you mean by “more corporate”

Originally Posted by DwnWthVwls (Post 1956143)

All I got from this is that its correct to be racist if you're old and believe your racial superiority is true.