Yeah, I think dudes would react the same way if chicks showed off their bush too.
pkcRAISTLIN
quote:
Originally posted by TranceArmstrong
The USPS is undeniably a disaster. Is there a place these days that the internet can't put you in touch with, or Fed Ex can't deliver a package to?
absolutely there are places that are not serviced by fed ex. hence my point. the internet may find it difficult to send christmas presents to little tommy in bumville.
quote:
Originally posted by TranceArmstrong
housing subsidies
sorry, not up on the role of subsidies.
quote:
Originally posted by TranceArmstrong
permanently low interest rates
i already mentioned this in my previous posts; you also have a strange view of permanent. the entire sub prime debacle was due to lack of permanency.
quote:
Originally posted by TranceArmstrong
CRA (plz dont call me racist)
right-wing scape goat for the crisis that had little to do with it (75% of TARP funds went to institutions not covered by the CRA).
quote:
Originally posted by TranceArmstrong
Freddie/Fannie
fair call, but fannie was a publically traded & run company that was merely sponsored by government. this gave it undue advantage in the marketplace. was a nice example of govt-private failure.
quote:
Originally posted by TranceArmstrong
It doesn't matter if Greenspan is an Ayn Rand fan or a New York Yankees fan, he was a failure.
yes, he was a failure because he believed in self-correcting markets.
i'll just include the private sector failures so we have a fair comparison.
sub prime lending to people who couldn't afford it.
useless rating agencies
complex financial packages not understood by those that sold them, let alone their customers
deregulation
predatory lending
ty underwriting
quote:
Originally posted by TranceArmstrong
Great, blame free enterprise, but don't blame capitalism as a system when we live under the influence of moral hazard, bailouts, too big to fail, artificial interest rates and permanent stimulus
1. too big to fail is a symptom of capitalism as far as it pertains to financial markets.
2. there is no such thing as "artificial" interest rates. rates are what they are.
3. central banks are supposed to act as lenders of last resort. nobody liked the bailouts, but they were necessary due to private sector collapse.
4. again you have an unusual definition of permanent.
Adam420
The fact is that the whole system is ed. It was only a matter of time before the American middle class started getting smaller and the have's and have not's grew farther apart. It's pointless arguing about the little details. Unless the U.S. government seriously changes its approach when it comes to the economy and free enterprise, the problems will not go away. I do think its ridiculous to blame corporations just because at the same time there is such a dependence on them (as consumers and as workers) but at the same time I do agree that companies should not be allowed to run loose the way they are now.
Also, the fact is that big business has the U.S. government by the balls. You'll probably have to do something about that before anything else.
denys envy
quote:
Originally posted by Vector A
i would occupy that...
Vector A
Lira
quote:
Originally posted by Vector A
Makes sense. This kind of career does make your life pretty secure :p
