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Wendy Davis made this historical fact into an ad and then was instantly shat on by the right for "making fun of him being paralyzed" and for some reason the left bought into that framing and shat on her too
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# ? Jul 3, 2017 18:27 |
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# ? May 15, 2024 05:36 |
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AreWeDrunkYet posted:Backstopping loans when no one else will is totally a "bailout". They could have just been allowed to fail and the assets nationalized. Why do people trot out nationalization as such a great solution? When you nationalize the you assume the assets and debts of an institution. Why in the hell would you want to pull the risk that was on bank balance sheets into the federal budget? Ireland nationalized their failing banks and it was a giveaway to the creditors because now the taxpayer was literally on the hook to Goldman Sachs or whoever owned the hosed up CDS, and it hosed up the Irish government for awhile.
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# ? Jul 3, 2017 18:28 |
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Vladimir Putin posted:Yes but like I said, he didn't give them money. He loaned them money like a bank would and made a profit when they repaid it. This was backed by warrants for ownership rights to the company. The thinking behind it was that the banks that were in trouble had liquidity problems not solvency problems and just needed time to work everything out. Propping up hugely corrupt failures definitely was a great idea compared to just having them shot and nationalizing their assets so they can be put to use helping people instead of making the amount of money sitting idle in the coffers of the 1% go up a bit more every quarter. This move definitely reversed the trend of money being hoarded at the top resulting in a top heavy economy that is now teetering on the brink of yet another collapse GM is fine because they actually employed people, although even then it wasn't fine because employees still got jobbed. And like Serf says, the net result of this pro-finance pragmatism was Donald Trump so lol
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# ? Jul 3, 2017 18:28 |
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Also he went jogging in a thunderstorm and had a tree fall on him, making it one of the dumbest lawsuits imaginable It doesn't look like the parts of his brain that controlled his legs has been repurposed into better decision making since.
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# ? Jul 3, 2017 18:29 |
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https://twitter.com/SethAbramson/status/881927196700532737 lol if u read the terms of service on anything *in extremely day crew voice* "better pour myself a big glass of milk and read these updated terms of service agreements"
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# ? Jul 3, 2017 18:29 |
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BTW it's funny that Abbott is paraplegic because he's a bad person and bad people should be mocked for every aspect of their existence. Like Mike Thernovith
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# ? Jul 3, 2017 18:30 |
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Brother Friendship posted:Has Trump been apprehended? tromp and cuckron are homies
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# ? Jul 3, 2017 18:31 |
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zegermans posted:BTW it's funny that Abbott is paraplegic because he's a bad person and bad people should be mocked for every aspect of their existence. tony abbott?
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# ? Jul 3, 2017 18:31 |
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Epic High Five posted:Propping up hugely corrupt failures definitely was a great idea compared to just having them shot and nationalizing their assets so they can be put to use helping people instead of making the amount of money sitting idle in the coffers of the 1% go up a bit more every quarter. This move definitely reversed the trend of money being hoarded at the top resulting in a top heavy economy that is now teetering on the brink of yet another collapse Again nationalization is not a good idea because 1) you're responsible for the assets and debts 2) now you have a bank to run 3) the systemic problem still exists--there was a massive liquidity problem in that the failing banks couldn't pay their obligations 4) you can nationalize and say 'gently caress you' to all debts, but the problem still remains. The risk of systemic collapse was because of problem #3. Dissolving these debts would make it even worse.
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# ? Jul 3, 2017 18:32 |
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Kurtofan posted:tony abbott? greg abbott, the logical conclusion of the Texas race gubernatorial race to the bottom
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# ? Jul 3, 2017 18:33 |
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nerdos
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# ? Jul 3, 2017 18:34 |
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Serf posted:goddamn baloogan was right, the backslide into "zuck good" has already started lmao I'm not "zuck good" but considering a zuck's cucks 2020 campaign produces a similar sort of "this makes sense and is what america deserves" feeling as the trump 2016 campaign did in late 2015
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# ? Jul 3, 2017 18:34 |
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just print money
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# ? Jul 3, 2017 18:34 |
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zuck's extensive knowledge of government, management, and political acumen will surely serve the country well. politics is just social media!
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# ? Jul 3, 2017 18:35 |
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ShutteredIn posted:https://twitter.com/dnvolz/status/881923601896755200 She doesn't approve of any country that allows homosexuals to marry
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# ? Jul 3, 2017 18:36 |
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Vladimir Putin posted:Why do people trot out nationalization as such a great solution? When you nationalize the you assume the assets and debts of an institution. Why in the hell would you want to pull the risk that was on bank balance sheets into the federal budget? Ireland nationalized their failing banks and it was a giveaway to the creditors because now the taxpayer was literally on the hook to Goldman Sachs or whoever owned the hosed up CDS, and it hosed up the Irish government for awhile. Property is theft and nationalization is merely step 1 toward healing the damage done by berserk madmen with brain problems hth
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# ? Jul 3, 2017 18:36 |
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Turdfuzz posted:nerdos nerdos vs turdos
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# ? Jul 3, 2017 18:36 |
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get yo zuck on america
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# ? Jul 3, 2017 18:36 |
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Sell copies of the piss tape for five bucks a pop and bring Bing bong you've saved the economy
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# ? Jul 3, 2017 18:37 |
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Vladimir Putin posted:Again nationalization is not a good idea because Sounds like we took on all that debt and all those assets without any of the benefits, so I'm not seeing how any of that was better. Obama promised to make them pay and then he gave them a big sloppy blowy and returns to the same people who had ruined millions of lives every lever of power they had before. Nobody cares about the nuanced financial aspects and blahblahblah, as though anybody can actually predict how things will be after a major shakeup. Don't nationalize then, distribute everything we'd take over otherwise to banks that aren't proven to be predatory failures and just write off the debt like we essentially did at the time anyway by buying it all up Pay off the debt and toxic assets we took on board by having the people responsible for killing your mom by kicking her out on the street for being 36 cents short on a mortgage payment executed on Pay Per View
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# ? Jul 3, 2017 18:37 |
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Internet Webguy posted:https://twitter.com/SethAbramson/status/881927196700532737 Hey, remember when nite crew said Trusdkhjs[j couldn't be elected, day crew worries too much? Yeah, me too.
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# ? Jul 3, 2017 18:37 |
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nite crew was right, hes unelectable
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# ? Jul 3, 2017 18:38 |
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trump will deffo be reelected in 2020, ginsburg and kennedy will retire/poo poo out their life, and then trump will finally pass single payer healthcare.
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# ? Jul 3, 2017 18:38 |
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zegermans posted:BTW it's funny that Abbott is paraplegic because he's a bad person and bad people should be mocked for every aspect of their existence. I try to see eye to eye with cerno but gently caress it gives me a headache and i get double vision
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# ? Jul 3, 2017 18:39 |
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Doomtalker posted:Hey, remember when nite crew said Trusdkhjs[j couldn't be elected, day crew worries too much? you're misremembering, nite crew said death is certain, trump doctor sex cake kablammao lmao
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# ? Jul 3, 2017 18:39 |
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crazy cloud posted:I'm not "zuck good" When Zuck is the 2020 nominee, we're all gonna start being nostalgic for 2016 when we were with her. Goons are gonna grind their teeth into dust when voting for him.
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# ? Jul 3, 2017 18:39 |
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A Handed Missus posted:tromp and cuckron are homies he's going in for a kiss
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# ? Jul 3, 2017 18:39 |
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Doomtalker posted:Hey, remember when nite crew said Trusdkhjs[j couldn't be elected, day crew worries too much? nope
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# ? Jul 3, 2017 18:39 |
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Spoeank posted:I try to see eye to eye with cerno but gently caress it gives me a headache and i get double vision if you're ever close enough to actually see cerno's eyes you should poke them imo
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# ? Jul 3, 2017 18:40 |
Several years ago an ex-girlfriend excitedly told me that she had met ~MaRk ZuCkErbErg!!~ at a party. All i could think was "lol im really glad we broke up" (the reason definitely wasn't my anime pillows, no anime pillow, ur an anime pillow)
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# ? Jul 3, 2017 18:40 |
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i want zuck to be us president for thr funnies
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# ? Jul 3, 2017 18:40 |
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punchymcpunch posted:nite crew was right, hes ineluctable
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# ? Jul 3, 2017 18:40 |
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https://twitter.com/arthur_affect/status/881929730655649793 Getting webcams and lcd screens out from between you and your doctor
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# ? Jul 3, 2017 18:40 |
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The Nastier Nate posted:When Zuck is the 2020 nominee, we're all gonna start being nostalgic for 2016 when we were with her. Goons are gonna grind their teeth into dust when voting for him. I'd toxx for zuck 2020 right now lmao there's no part of it that isn't perfect for this timeline, and the fucker is in Iowa right now eating deep fried cheese and poo poo he's gonna run and he's gonna win, because it's funny
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# ? Jul 3, 2017 18:40 |
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The Nastier Nate posted:When Zuck is the 2020 nominee, we're all gonna start being nostalgic for 2016 when we were with her. Goons are gonna grind their teeth into dust when voting for him. lol yea ok goons will be all over zuck n how hes the pragmatic rational choice
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# ? Jul 3, 2017 18:41 |
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Epic High Five posted:Sounds like we took on all that debt and all those assets without any of the benefits, so I'm not seeing how any of that was better. Sorry but since Obama is an actual leader unlike Trump he cared about the details because they actually matter. So yeah while a Trump-like leader would have just shouted insane bullshit about lining up bankers to be shot a grown up like Obama did the right thing and made the tough decisions and ultimately saved the country.
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# ? Jul 3, 2017 18:41 |
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Vladimir Putin posted:Sorry but since Obama is an actual leader unlike Trump he cared about the details because they actually matter. So yeah while a Trump-like leader would have just shouted insane bullshit about lining up bankers to be shot a grown up like Obama did the right thing and made the tough decisions and ultimately saved the country. sir this is a nihilist arby's would you like to supersize your dryer lint flavor slushee or not
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# ? Jul 3, 2017 18:42 |
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Rah! posted:Several years ago an ex-girlfriend excitedly told me that she had met ~MaRk ZuCkErbErg!!~ at a party. All i could think was "lol im really glad we broke up" (the reason definitely wasn't my anime pillows, no anime pillow, ur an anime pillow)
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# ? Jul 3, 2017 18:43 |
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My president is an oaf
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# ? Jul 3, 2017 18:44 |
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# ? May 15, 2024 05:36 |
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obama sucks (but not like monica!!)
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# ? Jul 3, 2017 18:44 |