We might have to nationalize the banks. Mother of jesus.
Last edited by ATG (2009-02-15 16:45:37)
Last edited by ATG (2009-02-15 16:45:37)
Stingray24 wrote:
"have to" ... I think not
Yes they "have to", before it is too late and the economy improves without a "stimulous"Stingray24 wrote:
"have to" ... I think not
The man has a point.lowing wrote:
Silly me, and I thought 911 was the result of 8 years of failure.
8 years of failure and an embarrassing memo.Kmarion wrote:
The man has a point.lowing wrote:
Silly me, and I thought 911 was the result of 8 years of failure.
This centralizes even more power to the politicians. Something that is quite detrimental to a true republic.Macbeth wrote:
Can someone explain to me in great detail how this is a bad thing? Hasn't the banks proven to be incapable of doing their jobs right on several levels?
So beside the politicians becoming a bit more powerful is there any other real reason against it?Stingray24 wrote:
This centralizes even more power to the politicians. Something that is quite detrimental to a true republic.Macbeth wrote:
Can someone explain to me in great detail how this is a bad thing? Hasn't the banks proven to be incapable of doing their jobs right on several levels?
Banks give out loans. To start and run a business you need loans. If the banks are state controlled the state also controls who gets loans.Macbeth wrote:
So beside the politicians becoming a bit more powerful is there any other real reason against it?Stingray24 wrote:
This centralizes even more power to the politicians. Something that is quite detrimental to a true republic.Macbeth wrote:
Can someone explain to me in great detail how this is a bad thing? Hasn't the banks proven to be incapable of doing their jobs right on several levels?
Um so isn't that a good thing? So we don't get into the mess we're into now with screwed up loans? Wouldn't the politicians want whats produces the most money for the country so that they could stay in office and raise their pay?max wrote:
Banks give out loans. To start and run a business you need loans. If the banks are state controlled the state also controls who gets loans.Macbeth wrote:
So beside the politicians becoming a bit more powerful is there any other real reason against it?Stingray24 wrote:
This centralizes even more power to the politicians. Something that is quite detrimental to a true republic.
Therefore nationalizing banks pretty much nationalizes the whole economy.
Do you not know what started this whole downturn?Macbeth wrote:
Um so isn't that a good thing? So we don't get into the mess we're into now with screwed up loans? Wouldn't the politicians want whats produces the most money for the country so that they could stay in office and raise their pay?
Last edited by LividBovine (2009-02-15 19:38:37)
I guess I'm just not that paranoid anymore.max wrote:
If you're a communist you'll like a nationalized economy. If you believe in capitalism, freedom, apple pie and that stuff not so much
1984Macbeth wrote:
Um so isn't that a good thing? So we don't get into the mess we're into now with screwed up loans? Wouldn't the politicians want whats produces the most money for the country so that they could stay in office and raise their pay?max wrote:
Banks give out loans. To start and run a business you need loans. If the banks are state controlled the state also controls who gets loans.Macbeth wrote:
So beside the politicians becoming a bit more powerful is there any other real reason against it?
Therefore nationalizing banks pretty much nationalizes the whole economy.
Exxxxxcellent...easy pickings this one is.Macbeth wrote:
I guess I'm just not that paranoid anymore.max wrote:
If you're a communist you'll like a nationalized economy. If you believe in capitalism, freedom, apple pie and that stuff not so much
predictable and boring.lowing wrote:
Silly me, and I thought 911 was the result of 8 years of failure.
Ahhhhhh, but not boring enough for you to ignore.BN wrote:
predictable and boring.lowing wrote:
Silly me, and I thought 911 was the result of 8 years of failure.
luckily, we're fighting two wars right now, so AQ can't attack us.ATG wrote:
If there was a terrorist attack within six months of O's election I would blame the Bush team for not stopping it, not O.
AQ usually takes years to plan something big.