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magical thyme

(14,881 posts)

16. handing over the money would have been fine *if*

Reply to LiberalAndProud (Reply #5)

Sun Sep 15, 2013, 06:38 PM

Sep 2013

1. the too big to fails had been taken over, broken up, cleaned up, and re-sold.
2. the criminals sent to jail as a lesson.
3. the banks receiving money forced to use it as intended, eg to loan to businesses, etc versus paying themselves gigunda bonuses and continuing gambling on derivatives
4. reinstating Glass-Steagall
5. did I mention the criminals sent to jail?

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Former TARP Watchdog: �We�re Headed Toward Another Financial Crisis� [View all] G_j Sep 2013 OP

Of course we are! It is part of a plutocracies core. Rex Sep 2013 #1

Max Kaiser & Jim Rickards (author of Currency Wars) are sounding the alarm bells as well 99th_Monkey Sep 2013 #2

It's only a question of when. K&R Egalitarian Thug Sep 2013 #3

Well we saw how the people rejected another war. Maybe when the next financial crisis hits they will liberal_at_heart Sep 2013 #4

Problem with that is that all those crappy assets are so embedded in pensions and savings and Squinch Sep 2013 #13

We only delayed the inevitable with the bailout. LiberalAndProud Sep 2013 #5

handing over the money would have been fine *if* magical thyme Sep 2013 #16

If. LiberalAndProud Sep 2013 #18

this is so fucked up gopiscrap Sep 2013 #6

It'll probably be both, with the former following the latter..... socialist_n_TN Sep 2013 #20

Yup and btw: I am becoming more and more a Socialist gopiscrap Sep 2013 #22

Welcome to the club comrade!... socialist_n_TN Sep 2013 #24

Thank you gopiscrap Sep 2013 #25

Cool. Thanks for joining..... socialist_n_TN Sep 2013 #29

sure, my pleasure! gopiscrap Sep 2013 #30

Damn it, why do we have to keep learning the same lesson over and over? Thor_MN Sep 2013 #7

none of us should be at all surprised. NRaleighLiberal Sep 2013 #8

The kinda changes needed Cryptoad Sep 2013 #9

Ah, yeah. Cause "Democrats" like these are on OUR side? bvar22 Sep 2013 #23

works are lacking Cryptoad Sep 2013 #26

It goes without saying that the GOP is the enemy. We know that. progressoid Sep 2013 #33

When you have,,, Cryptoad Sep 2013 #35

^^THIS^^ nt bluedeathray Sep 2013 #36

Sad but true Stargazer09 Sep 2013 #10

We could have saved them from collapsing by TAKING THEM OVER, firing the management, and Nay Sep 2013 #11

Interesting how the collapse was timed to coincide with the change in Administrations. Jackpine Radical Sep 2013 #12

Call me a CTist. LiberalAndProud Sep 2013 #14

OK, you're a CTist. Jackpine Radical Sep 2013 #15

unsettling G_j Sep 2013 #31

I think you meant to write that it would have been nice to not have sunk TRillions into the coffers magical thyme Sep 2013 #17

At what point are we finished trying their way? Earth_First Sep 2013 #19

Capitalism winding down. We've got a choice though........ socialist_n_TN Sep 2013 #21

We are doing barbarism right now Hydra Sep 2013 #39

Barofsky should be listened to ... eppur_se_muova Sep 2013 #27

Kicked and recommended. Uncle Joe Sep 2013 #28

A good description of the problem we have: bhikkhu Sep 2013 #32

K&R'd! snot Sep 2013 #34

Capitalism is the crisis. Starry Messenger Sep 2013 #37

I would love to see these big banks crash and burn - TBF Sep 2013 #38