We didn't let the banks fail and they continue screwing us....

[EL PRESIDENTE]

Wells Fargo is the latest but it won't be the last.

On an institutional basis they created fake accounts for big bonuses.

http://money.cnn.com/2016/09/21/inv...-workers-retaliation-fake-accounts/index.html

The person behind this got a golden parachute of $125 million.

http://fortune.com/2016/09/12/wells-fargo-cfpb-carrie-tolstedt/


There needs to be a revolution in this country. These businesses and the government are too closely intertwined. The CIA is the new SS.

The media is run by the government.

Everything must burn to the ground.

 

[barfo]

Ok, Senator Warren. You tell 'em!

barfo

 

[EL PRESIDENTE]

Ok, Senator Warren. You tell 'em!

barfo

She bailed them out. She's part of the problem

 

[Nikolokolus]

I agree that our crony-capitalist system needs massive reform, but the "burn it to the ground" people are delusional if they don't think the "deep state" will assert their soft authority in a hard way; if it comes to guns in the street and bloody revolution, you're probably going to get something you didn't ask for.

If I'm being extra cynical, I'm guessing we'll be in a full-blown police state (versus half-blown like it is now) in the next 10 to 20 years. Historians will look back on the years between 2001 and 2020 and write shit loads of books about our grandiose disintegration.

Sláinte.

 

[barfo]

I agree that our crony-capitalist system needs massive reform, but the "burn it to the ground" people are delusional if they don't think the "deep state" will assert their soft authority in a hard way; if it comes to guns in the street and bloody revolution, you're probably going to get something you didn't ask for.

If I'm being extra cynical, I'm guessing we'll be in a full-blown police state (versus half-blown like it is now) in the next 10 to 20 years. Historians will look back on the years between 2001 and 2020 and write shit loads of books about our grandiose disintegration.

Sláinte.

Historians will have all been killed in the purges.

barfo

 

[Denny Crane]

I agree that our crony-capitalist system needs massive reform, but the "burn it to the ground" people are delusional if they don't think the "deep state" will assert their soft authority in a hard way; if it comes to guns in the street and bloody revolution, you're probably going to get something you didn't ask for.

If I'm being extra cynical, I'm guessing we'll be in a full-blown police state (versus half-blown like it is now) in the next 10 to 20 years. Historians will look back on the years between 2001 and 2020 and write shit loads of books about our grandiose disintegration.

Sláinte.

It wouldn't have burned anything to the ground. Different players would arise from the ashes. Smaller entities would have bought up all the non toxic assets. Those ended up staying with the banks that deserved to fail, along with bailout money and orders to merge . Like BofA buying Merrill Lynch and Countrywide. That made the too big to fail bank even tooer bigger to failer. In spite of bad judgement, they got a huge reward.

The fed bought up the non toxic assets instead of letting them wither away as they should.

There's a difference between burn it to the ground, and slash the fat and whatever else until there's a comfortable level of success and room to withstand disaster.

The win to be had was to buy down peoples' mortgages. A $400K house worth $200K paid down to $200K. That money ends up with the banks, check. But it also saved a family home. They spent $1.6T of taxpayer money to the banks, and unions and government motors (unions). That would buy down a lot of mortgages, while infusing the same amount of capital into the banks.

So yeah, let it burn. Save us all the $1.6T and the QE money. Save the interest rates so retirees don't have to make it on 0.7% interest. Save the social programs so they won't be squeezed out by need to pay interest on massive debt. Save our kids from 70% tax rates to pay for less government than we have now.

Unfortunately, they will print money, if need be, to increase the spying capabilities.

 

[dviss1]

She bailed them out. She's part of the problem

Talk out of your ass much? Warren did NOT vote for the bank bailout as she was NOT a Senator at the time. She also CREATED the agency that banking lobbyists fought like hell to prevent (Consumer Financial Protection Agency) coming to fruition...

Akaka (D-HI), Yea
Alexander (R-TN), Yea
Allard (R-CO), Nay
Barrasso (R-WY), Nay
Baucus (D-MT), Yea
Bayh (D-IN), Yea
Bennett (R-UT), Yea
Biden (D-DE), Yea
Bingaman (D-NM), Yea
Bond (R-MO), Yea
Boxer (D-CA), Yea
Brown (D-OH), Yea
Brownback (R-KS), Nay
Bunning (R-KY), Nay
Burr (R-NC), Yea
Byrd (D-WV), Yea
Cantwell (D-WA), Nay
Cardin (D-MD), Yea
Carper (D-DE), Yea
Casey (D-PA), Yea
Chambliss (R-GA), Yea
Clinton (D-NY), Yea
Coburn (R-OK), Yea
Cochran (R-MS), Nay
Coleman (R-MN), Yea
Collins (R-ME), Yea
Conrad (D-ND), Yea
Corker (R-TN), Yea
Cornyn (R-TX), Yea
Craig (R-ID), Yea
Crapo (R-ID), Nay
DeMint (R-SC), Nay
Dodd (D-CT), Yea
Dole (R-NC), Nay
Domenici (R-NM), Yea
Dorgan (D-ND), Nay
Durbin (D-IL), Yea
Ensign (R-NV), Yea
Enzi (R-WY), Nay
Feingold (D-WI), Nay
Feinstein (D-CA), Yea
Graham (R-SC), Yea
Grassley (R-IA), Yea
Gregg (R-NH), Yea
Hagel (R-NE), Yea
Harkin (D-IA), Yea
Hatch (R-UT), Yea
Hutchison (R-TX), Yea
Inhofe (R-OK), Nay
Inouye (D-HI), Yea
Isakson (R-GA), Yea
Johnson (D-SD), Nay
Kennedy (D-MA), Not Voting
Kerry (D-MA), Yea
Klobuchar (D-MN), Yea
Kohl (D-WI), Yea
Kyl (R-AZ), Yea
Landrieu (D-LA), Nay
Lautenberg (D-NJ), Yea
Leahy (D-VT), Yea
Levin (D-MI), Yea
Lieberman (ID-CT), Yea
Lincoln (D-AR), Yea
Lugar (R-IN), Yea
Martinez (R-FL), Yea
McCain (R-AZ), Yea
McCaskill (D-MO), Yea
McConnell (R-KY), Yea
Menendez (D-NJ), Yea
Mikulski (D-MD), Yea
Murkowski (R-AK), Yea
Murray (D-WA), Yea
Nelson (D-FL), Nay
Nelson (D-NE), Yea
Obama (D-IL), Yea
Pryor (D-AR), Yea
Reed (D-RI), Yea
Reid (D-NV), Yea
Roberts (R-KS), Nay
Rockefeller (D-WV), Yea
Salazar (D-CO), Yea
Sanders (I-VT), Nay
Schumer (D-NY), Yea
Sessions (R-AL), Nay
Shelby (R-AL), Nay
Smith (R-OR), Yea
Snowe (R-ME), Yea
Specter (R-PA), Yea
Stabenow (D-MI), Nay
Stevens (R-AK), Yea
Sununu (R-NH), Yea
Tester (D-MT), Nay
Thune (R-SD), Yea
Vitter (R-LA), Nay
Voinovich (R-OH), Yea
Warner (R-VA), Yea
Webb (D-VA), Yea
Whitehouse (D-RI), Yea
Wicker (R-MS), Nay
Wyden (D-OR), Nay

 

[Denny Crane]

Need more people who'd have voted nay.

 

[EL PRESIDENTE]

Talk out of your ass much? Warren did NOT vote for the bank bailout as she was NOT a Senator at the time. She also CREATED the agency that banking lobbyists fought like hell to prevent (Consumer Financial Protection Agency) coming to fruition..

She was in control of TARP and was responsible for oversight of the money and the banks. Obviously she did a shitty fucking job as Wells Fargo and the other banks fucked everyone over and paid their execs big bonuses

 

[rasheedfan2005]

Just round up the survivors into fema camps.

 

[Nikolokolus]

Historians will have all been killed in the purges.

barfo

Who said the historians will be Americans?

 

[barfo]

Who said the historians will be Americans?

Who said the purges would only kill Americans?

barfo

 

[SlyPokerDog]

President Putin has banned Rothschild and his banking cartel family from entering Russian territory “under any circumstances”

Russian president Vladimir Putin recently reminded his cabinet of officials that his administration paid off the countries debt to the Rothschild’s monopoly overseen by the international bankers. Putin reportedly “grabbed them by the scruff of the neck and kicked them out Russia’s back door,” proverbially speaking that is.
This meeting is said to have been an intense one. With Putin pounding his fist on the table and vowing to destroy the “New World Order.”

http://whatsupic.com/news-politics-world/1474540071.html

 

[EL PRESIDENTE]

Putin is right.

Its funny how he is being used by the mainstream US press and government talking heads as a boogie man.

 

[3RA1N1AC]

Putin is right.

Its funny how he is being used by the mainstream US press and government talking heads as a boogie man.

Well, he murders and imprisons his enemies, just like the boogywoman hillary.

 

[Denny Crane]

I'm not particularly a fan of Putin. But he is the leader of Russia, we do have to deal with him. He punks Obama on the world stage, which isn't pretty for us.

 

[barfo]

Well, he murders and imprisons his enemies, just like the boogywoman hillary.

I got the walkin pneumonia and the boogeywoman flu...

barfo