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Old 06-10-2017, 03:19 PM   #6261 (permalink)
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We could have let the banks fail, arrest the CEOs, and felt good about it. But millions and millions of people would have lost everything. Another case of the lesser of two evils.
The gov should have bailed them out but then said the American people now own the banks and as such they are public non-profit services
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Old 06-10-2017, 03:23 PM   #6262 (permalink)
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Same with GM the American people should own GM's factories
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Old 06-10-2017, 04:04 PM   #6263 (permalink)
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In a buttshell.
That was very considerate not using the potentially offensive NUT shell.
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Old 06-10-2017, 04:22 PM   #6264 (permalink)
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Same with GM the American people should own GM's factories
They didn't even force them to repay or even start paying the pensions they reneged on. People worked in their factories for decades and the CEO's colluded with lawyers and legislators to get out of paying many workers their pensions and even after a bailout that rewarded their elite with hundreds of millions of dollars in bonuses they still never ****ing paid those ****ing pensions. I want to be clear on my position about this: They should be ****ing killed.

And absolutely yes to what you're saying. If We supposedly can't afford to lose GM then ownership should be transferred to the people. You can chime in on the how Elph but I suggest holding top salaries at $100,000, minimum at $50,000 decisions made through REAL co-op style consensus and all profits spread out at whatever it is as a universal basic income for everybody no matter how big or small. I don't care if it's $5 a person or $15,000 a person.
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Old 06-10-2017, 04:36 PM   #6265 (permalink)
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It's huge mistake. Hopefully some republican senators vote their conscious and it fails to get through.
You mean they might wake up?
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Well, I can think of something. Arrest and imprison the Wall Street Scum. Give the funds they already have back to have savings in hard cash (using the billions that were used to supplement the crooks who stole it in the first place, when needed) and to further help the people and punish the greedy corporate scum forgive all the outstanding (almost always predatory) loans they had a given. In the mean time, honest people could open community banks used how they were meant to be used in the first place.

Or do what was done: funnel billions, maybe trillions over time, to billionaires and then ask stupid ****ing questions like how could Hillary lose. Why don't Americans give a **** about honesty anymore...

Dude, I don't exactly know your story but this mindset that the rich must be protected at all costs is what was used to **** you in the ass.
You're just an idealist dreamer at heart, aren't you?
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Re-read my post. Bush and Obama basically had no choice at the time. Did I like it? Of course not. Did I want to see my 401K and home values crash and burn even worse than they already had? No. It's not MY mindset. It was the mindset of financial specialists on how to best handle that absolute disaster in the best interests of the US as a whole.

Were the banks wrong for what they did? Of course. Should they all be in jail? Of course. Is it that easy? Unfornuately not based on how the politicians and rich have set up the rules.

We could have let the banks fail, arrest the CEOs, and felt good about it. But millions and millions of people would have lost everything. Another case of the lesser of two evils.
Like voting for Trump. Those two fingers everyone held up must be getting real tired by now..
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I read your post. You're buying into the bull**** narrative that you'll have suffer along with the rich. They should have used that bailout money to buy out your 401K and payoff your house and reimburse you for the damage they did to the housing market. People like you should get the bailout not the ****ing billionaires. Everyone's credit card debt should have been erased, home loans, car payments, student debt, and if the bailout didn't cover it start stripping the military.
You're just an idealist dreamer at heart, aren't you?
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Old 06-10-2017, 04:36 PM   #6266 (permalink)
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This is why the personal responsibility bs makes me furious

bailouts for the elites

"Its a mindset" for the poor
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Old 06-10-2017, 04:40 PM   #6267 (permalink)
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It also displays the obvious that hierarchical systems and meritocracy are as useless as Monarchy

The supposed best among us crash the economy as soon as we take the training wheels off

Democratize everything
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Old 06-10-2017, 04:41 PM   #6268 (permalink)
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You're just an idealist dreamer at heart, aren't you?
Hell yeah. If this reality is possible what isn't? This is the most surreal ridiculous political situation possible and it's the real one. Everybody is waiting to wake up because this **** can't be happening.
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Old 06-10-2017, 07:14 PM   #6269 (permalink)
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Hell yeah. If this reality is possible what isn't? This is the most surreal ridiculous political situation possible and it's the real one. Everybody is waiting to wake up because this **** can't be happening.
Uh-huh...
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Old 06-10-2017, 07:51 PM   #6270 (permalink)
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At least Neo was smart enough to take the red pill and go full Libertarian.
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