prole Posted January 30, 2009 Posted January 30, 2009 "Idiots" seems pretty harsh don't you think? I mean, isn't this just another example of bold innovators exercising their economic freedom? Quote
j_b Posted January 30, 2009 Posted January 30, 2009 Harsh? no, but it is clearly the wrong target. I mean, who are the idiots? Those who took advantage to stuff their pockets or those who cheered them on all these years while reciting trickle down gibberish? Quote
Gary_Yngve Posted January 30, 2009 Posted January 30, 2009 If they keep it up, they will need to pay that money to haliburton so they can live in a green zone, away from anarchic mobs of jobless wanting revenge Quote
prole Posted January 31, 2009 Posted January 31, 2009 I feel the invisible hand right now, lifting us all up, our boats...all rising together... Quote
Jim Posted January 31, 2009 Posted January 31, 2009 I consider myself socially progressive and fiscally conservative and I have to say that this pegs the hypocrisy meter. I'm getting a bit tired of senators such as this and Barney Frank railing on about the lack of integrity by Wall Street with our money. Where the fuck were you guys when you signed on to the TARP? Ever think of doing your job and actually putting some common sense constraints on our tax dollars? Shit - you did not even have to think up your own stuff - you could have copied what Europe did as a start: put a limit on executive pay for banks that received bailout funds, disallow the banks in paying divedends to stock holders until they pay back their federal loans, and place stipulations on how the money must be used. Most of the banks that received TARP funds are now holding back on lending trying to weather the storm and use the funds for capital acquisitions. WTF - this is not rocket science - I have an M.S. in Wildlife Ecology and I could have figured out that giving the banks - who have showed MOST EXCELLENT decision making ability up to this point - needed some guidelines. Shit, what a mess. Quote
KaskadskyjKozak Posted January 31, 2009 Author Posted January 31, 2009 I consider myself socially progressive and fiscally conservative and I have to say that this pegs the hypocrisy meter. I'm getting a bit tired of senators such as this and Barney Frank railing on about the lack of integrity by Wall Street with our money. Where the fuck were you guys when you signed on to the TARP? Ever think of doing your job and actually putting some common sense constraints on our tax dollars? Shit - you did not even have to think up your own stuff - you could have copied what Europe did as a start: put a limit on executive pay for banks that received bailout funds, disallow the banks in paying divedends to stock holders until they pay back their federal loans, and place stipulations on how the money must be used. Most of the banks that received TARP funds are now holding back on lending trying to weather the storm and use the funds for capital acquisitions. WTF - this is not rocket science - I have an M.S. in Wildlife Ecology and I could have figured out that giving the banks - who have showed MOST EXCELLENT decision making ability up to this point - needed some guidelines. Shit, what a mess. the bottom line is this: beggars can't be choosers if these fucks are going to take "bailout" money from the taxpayer, there should be a shitload of strings attached. period. Quote
prole Posted January 31, 2009 Posted January 31, 2009 Since the State's regulatory and oversight functions were operated by financial industry "in and outer's" on the one hand and clueless recipients of political patronage, like "Brownie", on the other, there didn't seem to be anyone that wasn't hopelessly compromised by conflicts of interest and/or had any fucking clue what to do when finance shit the bed. Maybe capitalism will do better next time around when it has smarter people running the State than the ones running it like a goddamn cash machine for themselves and their friends. Quote
Peakpimp Posted January 31, 2009 Posted January 31, 2009 Believe it or not protest and civil unrest can bring change! Iceland Grab your pots and wooden spoons! Quote
sobo Posted January 31, 2009 Posted January 31, 2009 Barney Frank can suk it. sources indicate he already has... and still does. sickie Quote
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