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February 12th, 2016, 12:16 AM | #24121 | |
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That's why Canadian banks didn't need a bailout. Sanders and his huge tax increases would be a disaster. What America needs is to shrink the federal bureaucracy by about 90%, secure the borders and pay off it's deficit.
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February 12th, 2016, 01:26 AM | #24122 |
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Name names, please. Who are the large shareholders? Don't they all make donations to both sides, just to cover all the bases? BTW, by your broad-brush generalization standard, Trump is a left-wing candidate.
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February 12th, 2016, 02:46 AM | #24123 | ||
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February 12th, 2016, 08:20 AM | #24124 |
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February 12th, 2016, 05:49 PM | #24125 |
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Something noticeable at the moment is the title screen on VEF.
Broken-up and blocky. Gentlemen, batten down the hatches.
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February 12th, 2016, 06:10 PM | #24126 |
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I had that last night,I shut down the browser,Re started it,It was back to normal.
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February 12th, 2016, 06:38 PM | #24127 | |
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Making a bad loan is not a crime. Nor is a business failure. Nor is raising money from the public for a bad idea. Right now, the companies that are most likely to go bust are all in the oil patch, and related businesses. They raised lots of money from investors, who have and will lose much of it. Should that be a crime? My own sense of Sanders is that while his broader narrative is appealing -- a vague sense that "the system is rigged"-- he has very little understanding of how the American economy works, and no idea of how it might work better. Both of these things are knowable. There _are_ things we might do to make the economy work better, and be more fair. Here's one idea, a battle that was fought back in the 1990s: require that all securities transactions take place on exchanges, with full and immediate reporting. If you watch "The Big Short", you may have noticed that none of the securities that they were trading CDOs, CDSs, were traded on exchanges-- rather, they were being bought directly from banks, with no reporting to anyone else. People have long suggested that this is a bad idea. It is. A very simple fix for that problem would be to require exchange trading for everything. So far as I'm aware, no one takes that position in this campaign. Sanders also makes the populist mistake of saying "I'll give you this goody and make that bad guy pay for it". This is always misleading. Tax money goes into a big pot and spending comes out of the same big pot. So Sanders' "Tuition is free, and Wall Street will pay for it", is really deceptive policy. |
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February 12th, 2016, 08:05 PM | #24128 |
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Have the rating agencies improved since 2008?
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February 13th, 2016, 02:20 AM | #24129 |
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Yes, they're somewhat better, but they matter much less. They don't have nearly the same business rating obscure bits of financial engineering; the exotic CDO structures that were sold on their ratings are pretty scarce now.
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February 13th, 2016, 05:05 AM | #24130 |
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SWAT Police surrounded my apartment building early AM.
As I exited the security gate in my truck they stopped me. They needed my security pass to enter the building, and held me to the elevator and security doors for more than 4 entries. After I told them I would be late for work, they blew that off, and continued to use me for more access. When they finally cut me loose, I was more than 20 minutes late for work. An hour into my work shift got an email from the landlady. Evidently there was a suicide on the roof gym. |
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