Bye Bye Banks and Wall Street

[Isaac]

Ummmm.....working for an auto finance/ general banking company, I can't agree with you on that one.

[Kevy Baby]

I didn't predict it was going to be good for everyone, just overall.

And my predictions are based on my own gut feeling: no empirical data was sullied in the making of this prediction. I could be way off base.

[Isaac]

From what I've been told, there won't be a positive change in the economy til 2010

[wendybeth]

Headline from the Washington Post:

U.S. Forces Nine Major Banks To Accept Partial Nationalization




Nice. So, how's that capitalism thingy supposed to work again? Yeah, things are really looking up here.

[Kevy Baby]

Originally Posted by wendybeth

Headline from the Washington Post:

U.S. Forces Nine Major Banks To Accept Partial Nationalization




Nice. So, how's that capitalism thingy supposed to work again? Yeah, things are really looking up here.

So are you saying that capitalism is a total failure?

[wendybeth]

Originally Posted by Kevy Baby

So are you saying that capitalism is a total failure?

I'm saying that if this had happened under a Dem admin, you cons would be screaming bloody murder. You will NEVER be able to convince me otherwise. Same goes for the Patriot Act and all the other weird turns our country has taken these last 8 years. If an administration under Obama had suggested we partially nationalize banks or engage in snooping on private citizens we'd hear nothing but comparisons to the old USSR, Venezuela and every other socialist model out there. Since it's happening under Bush's reign, it's just good business.

[JWBear]

Originally Posted by wendybeth

I'm saying that if this had happened under a Dem admin, you cons would be screaming bloody murder. You will NEVER be able to convince me otherwise. Same goes for the Patriot Act and all the other weird turns our country has taken these last 8 years. If an administration under Obama had suggested we partially nationalize banks or engage in snooping on private citizens we'd hear nothing but comparisons to the old USSR, Venezuela and every other socialist model out there. Since it's happening under Bush's reign, it's just good business.

AMEN!

[Kevy Baby]

Originally Posted by wendybeth

I'm saying that if this had happened under a Dem admin, you cons would be screaming bloody murder. You will NEVER be able to convince me otherwise. Same goes for the Patriot Act and all the other weird turns our country has taken these last 8 years. If an administration under Obama had suggested we partially nationalize banks or engage in snooping on private citizens we'd hear nothing but comparisons to the old USSR, Venezuela and every other socialist model out there. Since it's happening under Bush's reign, it's just good business.

Thank you, I stand corrected. I now understand that Republicans are evil and Democrats are angels.

[Morrigoon]

Originally Posted by wendybeth

I'm saying that if this had happened under a Dem admin, you cons would be screaming bloody murder. You will NEVER be able to convince me otherwise. Same goes for the Patriot Act and all the other weird turns our country has taken these last 8 years. If an administration under Obama had suggested we partially nationalize banks or engage in snooping on private citizens we'd hear nothing but comparisons to the old USSR, Venezuela and every other socialist model out there. Since it's happening under Bush's reign, it's just good business.

Real conservatives are screaming bloody murder. We're screaming it so loudly that we became Libertarians. That's why you don't hear "Republicans" objecting, we aren't R's any more.

[Morrigoon]

Well, our nation's early history includes attempts to create a national bank.