On Wed, Jul 25, 2012 at 7:53 PM, Francis Drouillard <[email protected]>wrote:
> > On Jul 25, 2012, at 5:11 PM, Bruce Johnson wrote: > > > > > “What we should probably do is go and split up investment banking from > banking, have banks be deposit takers, have banks make commercial loans and > real estate loans and have banks do something that’s not going to risk the > taxpayer dollars, that’s not too big to fail,” > > > > WHo is this? Some radical Marxist like Elizabeth Warren? an > Anti-capitalist nutjob like Paul Krugman? > > > > < > http://tpmdc.talkingpointsmemo.com/2012/07/sandy-weill-break-up-big-banks.php?ref=fpb > > > > > > Sandy Weill, former chairman of Citigroup who basically invented the > 'too big to fail' bank. > > > > Weill said the model he built at Citi was “right for that time.” But > “the world changed with the collapse of the housing market and the > real-estate bubble … so I don’t think it’s right anymore.” > > > > Gee, now that that model fucking broke the world economy, 'it's not > right anymore'. > > > > At least that's what the know-nothing "look, a squirrel!" progressives > want you to believe. I'm convinced that bad federal policies on mortgage > lending was a significant factor in the economic collapse of fall 2008. > > But there are other factors, and they continue to this day: evil or > careless politicians and regulators that get in bed with the leaders of > industry they regulate. *...so mitt is the saviour or villain in this scenario you're moulding for us?* > Time to get rid of them by voting them out of office, firing them or > jailing them. > > Here's a story that came out during your vaycay, namely "Too Big to Jail": > > < > http://www.nationaljournal.com/whitehouse/a-ghost-haunting-obama-named-barofsky-20120723 > > > > We saw the same thing with the Gulf well leak -- regulators too cozy with > those they regulate. > > -- > You received this message because you are subscribed to the Google Groups > "StrataList-OT" group. > To post to this group, send email to [email protected]. > To unsubscribe from this group, send email to > [email protected]. > For more options, visit this group at > http://groups.google.com/group/stratalist-ot?hl=en. > > -- Time for you to man up and accept the results, and stop calling them stupid because things didn't go your way. oh please...i'm going to copy this ^ one sentence missive and insert it every time you wet your diaper and blather on about being chafed by your own urine. knowledge and wisdom come from knowing a ""republican conservative"" is an oxymoron. -- You received this message because you are subscribed to the Google Groups "StrataList-OT" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/stratalist-ot?hl=en.
