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Thread: Biden can still stop Trump, and Trumpism – if he finds a bold plan and moral vision

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    Quote Originally Posted by evince View Post
    I’m a adherent to facts


    I go where the facts lead


    You got fooled


    That is because you don’t always use the facts
    You wouldn't know a fact if it bit you in the ass.
    Last edited by Yakuda; 08-08-2022 at 12:07 PM.

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    https://en.m.wikipedia.org/wiki/Harvey_Pitt


    This is the Bush shit bag that started the idea of not inforcing the bank regulations in GRAMM ,Leach Bliely act



    He resigned in disgrace


    But the banks continued to be allowed to self regulate for eight full years under Bush



    Because republicans all insisted they would be honest


    They were not


    But republicans made it legal for them to not be honest

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    Quote Originally Posted by Yakuda View Post
    You wouldn't know a fact if it but you in the ass.
    Oh how clever


    Go back to what you are good at


    Taking Putin cock down your throat


    You were born for that work

  4. The Following User Groans At evince For This Awful Post:

    Rune (08-08-2022)

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    Quote Originally Posted by BidenPresident View Post
    Obama brought into his administration even more Wall Street alumni and made Larry Summers his chief economic adviser. Obama promptly bailed out the banks when their gambling threatened the entire economy, but asked nothing of them in return. Millions of Americans lost their homes, jobs and savings, yet not a single top Wall Street official went to jail.

    Small wonder that by 2016 two political outsiders gave dramatic expression to the populist bitterness that had been growing – Bernie Sanders on the left and Donald Trump on the right. At the time, they even spoke the same language – complaining of a “rigged system” and a corrupt political establishment, and promising fundamental change.

    https://www.theguardian.com/commenti...publican-party
    The TARP occurred under Bush. not Obama.
    Idiot
    It is the responsibility of every American citizen to own a modern military rifle.

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    Quote Originally Posted by BidenPresident View Post
    As I have stated before, if you persist in making ad hominem/personal attacks I will put you on ignore. Not negotiable.
    It’s fact that you got fooled


    You are proving it by completely ignoring the cold hard documented facts I provided here

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    Rune (08-08-2022)

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    Quote Originally Posted by Rune View Post
    The TARP occurred under Bush. not Obama.
    Idiot
    fuck you

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    Quote Originally Posted by evince View Post
    It’s fact that you got fooled


    You are proving it by completely ignoring the cold hard documented facts I provided here
    ignore. If I see you harassing others on my threads you will be banned.

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    Quote Originally Posted by evince View Post
    Oh how clever


    Go back to what you are good at


    Taking Putin cock down your throat


    You were born for that work
    Blah blah blah that's all that ever comes out of that gash under your nose. Moron.

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    Quote Originally Posted by BidenPresident View Post
    fuck you
    Good debate skill.
    It is the responsibility of every American citizen to own a modern military rifle.

  12. The Following User Says Thank You to Rune For This Post:

    evince (08-08-2022)

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    Quote Originally Posted by Rune View Post
    Good debate skill.
    Back at you, "Idiot."

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    https://www.stripersonline.com/surft...eled-collapse/



    Conservative admits failure - S.E.C. Concedes Oversight Flaws Fueled Collapse
    Started by Ibn Ozn, September 27, 2008
    21 posts in this topic
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    Ibn Ozn

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    ท #1
    Posted September 27, 2008 ท
    "The last six months have made it abundantly clear that voluntary regulation does not work,"
    -SEC Chairman Chris Cox ฎ

    The concept of voluntary or self-regulating markets is a core conservative principle-and now an admitted failure. It's good to see some truth finally.

    http://www.nytimes.com/2008/09/27/bu...th&oref=slogin

    September 27, 2008
    S.E.C. Concedes Oversight Flaws Fueled Collapse
    By STEPHEN LABATON

    WASHINGTON - The chairman of the Securities and Exchange Commission, a longtime proponent of deregulation, acknowledged on Friday that failures in a voluntary supervision program for Wall Street's largest investment banks had contributed to the global financial crisis, and he abruptly shut the program down.

    The S.E.C.'s oversight responsibilities will largely shift to the Federal Reserve, though the commission will continue to oversee the brokerage units of investment banks.

    Also Friday, the S.E.C.'s inspector general released a report strongly criticizing the agency's performance in monitoring Bear Stearns before it collapsed in March. Christopher Cox, the commission chairman, said he agreed that the oversight program was "fundamentally flawed from the beginning."

    "The last six months have made it abundantly clear that voluntary regulation does not work," he said in a statement. The program "was fundamentally flawed from the beginning, because investment banks could opt in or out of supervision voluntarily. The fact that investment bank holding companies could withdraw from this voluntary supervision at their discretion diminished the perceived mandate" of the program, and "weakened its effectiveness," he added.

    Mr. Cox and other regulators, including Ben S. Bernanke, the Federal Reserve chairman, and Henry M. Paulson Jr., the Treasury secretary, have acknowledged general regulatory failures over the last year. Mr. Cox's statement on Friday, however, went beyond that by blaming a specific program for the financial crisis - and then ending it...

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    Quote Originally Posted by BidenPresident View Post
    Back at you, "Idiot."
    One of many correct replies would have been "thanks for the correction. "
    It is the responsibility of every American citizen to own a modern military rifle.

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    Quote Originally Posted by Rune View Post
    One of many correct replies would have been "thanks for the correction. "
    bye troll

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    https://amp.theguardian.com/commenti...eynesiansagain


    We're all Keynesians - again
    Mark Weisbrot
    When the US faces a recession, suddenly even conservatives think the economy is too important to be left to ideologues
    Fri 25 Jan 2008 12.00 EST
    Share on FacebookShare on TwitterShare via Email
    14 years old
    It was 1971 when Richard Nixon, a Republican, uttered his famous phrase: "We are all Keynesians now. " But there was a backlash soon to follow, with Ronald Reagan and Margaret Thatcher changing the world as perhaps no two other people did during the second half of the 20th century.
    Reagan's "supply-side economics" was never taken seriously in the economics profession - even at the height of his influence there was barely a handful of economists that would lend their names to it. But the economics profession did, in its research at least, throw out many of the insights that had made John Maynard Keynes the most influential economist of the century.

    Among these insights was Keynes' explanation that self-regulating markets would not necessarily fix an economy that had fallen into recession, so as to restore growth and full employment. Instead, government intervention could help do the job that markets could not. This was painfully clear in the middle of the Great Depression, when Keynes put forth the economic theory that became the basis not only of introductory economics textbooks - although subsequently diluted - but also our modern system of national income accounting. But just as the dogma of the Middle Ages buried some of what the ancients knew about astronomy, these insights were lost in a right-wing ideological ascendence that infected policy circles and debilitated the social sciences over the last 30 years.
    So it is striking to see the most Keynesian response ever to a recession that has not even officially begun (although it may have already started - the National Bureau of Economic Research will decide that later). The Federal Reserve's three-quarter of a percentage point cut on Tuesday was its largest since 1990 and its first move between scheduled meetings since 2001, when it cut rates following the September 11 attacks. And the markets are anticipating another cut at the Fed's regular policy meeting next week - perhaps as much as half a percentage point. The Fed will most likely be afraid to disappoint.

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    Quote Originally Posted by BidenPresident View Post
    bye troll
    When one points the troll finger there are four fingers pointed back at you.
    It is the responsibility of every American citizen to own a modern military rifle.

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