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Re: The Best and Worst Run States in America

By: Zimbler0 in FFFT | Recommend this post (0)
Tue, 26 Nov 13 4:17 AM | 36 view(s)
Boardmark this board | Food For Further Thought 		Msg. 58287 of 65535
(This msg. is a reply to 58254 by killthecat)
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KTC> A temporary national bank to resurrect our nation's finances while driving a wooden stake through the hearts of Wall Street Scumbags was just the ticket to rescue our country.


KTC,
How many 'temporary' federal doohickeys turned into
'permanent' governmental stupidities?

I agree that we should NOT have bailed out the
'wall street scumbags' . . . But as an example of
what a 'federal bank' might have done . . look at how
much money fannie and Freddie cost We the TaxPayers.

The correct answer is a mix of capitalism - to create
jobs . . . and socialism - to protect the workers and
the envirenments.

For my money the first thing that should have been
done would have been to re-enact Glass Steagall and
re-segregate the banking industry from wall street
from the insurance industries. If there was a banking
(or financial institution) deemed 'too big to fail',
it should have been broken into small pieces any or
all of which could have been allowed to fail.

Zim.




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Mad Poet Strikes Again.


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The above is a reply to the following message:
Re: The Best and Worst Run States in America
By: killthecat in FFFT
Mon, 25 Nov 13 6:24 AM 		Msg. 58254 of 65535

Zim:

You can't just holler socialism and reject the notion with no thought at all. A temporary national bank to resurrect our nation's finances while driving a wooden stake through the hearts of Wall Street Scumbags was just the ticket to rescue our country. Would have been far superior to refinancing and rewarding the very folks who caused the crisis. Now we're left with thousands on monied vultures who have the ethics of cockroaches who will infest and corrupt our nation for generations or until we exterminate them.

I know you "socialism hollerers" blame the government for the 2008 financial crisis (and virtually everything else), but that's only because you consume a steady diet of right wing anti-government horseshit.

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