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A HERETIC I AM

(24,875 posts)

11. I have no love for Dimon or the rest of those clowns, but I asked for a reason...

Thu Apr 9, 2015, 01:09 PM

Apr 2015

And please, I am not trying to be snarky or a smartass or anything of the sort. My aim is to simply make sure that there is an understanding of terms, that's it.

All too often I see articles such as this one that are posted and followed by replies that indicate a COMPLETE lack of understanding on the subject matter.

I think it behooves the poster, in this case you, to explain if they can, why THEY think the article is important or not and/or what it is saying in laymans terms, so to speak. If the poster does not completely grasp what is being talked about, I think it is appropriate to say so. Many posters do that very thing on DU, as I'm sure you have noticed.

Simply posting the text and a link to an article does not tell me or any reader what YOU think and how YOU feel it is important.

I read the article. Like him or hate him, Dimon has a point, BUT, he is overreacting in my humble opinion, but that's also part of his job.

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Dimon, now Summers: There's a liquidity problem (Why don't I trust these jerks?) [View all] still_one Apr 2015 OP

This is exactly why we need someone to run for President who will not Autumn Apr 2015 #1

A warning, or perhaps a veiled threat? raging moderate Apr 2015 #2

Neither. Just a whine. Orsino Apr 2015 #23

Out of curiosiy..... A HERETIC I AM Apr 2015 #3

Let's see if I can fill in some blanks. rogerashton Apr 2015 #4

I wasn't asking the question because I didn't know. A HERETIC I AM Apr 2015 #5

Do YOU know the role deregulation played in the disastrous Global Economic Collapse? sabrina 1 Apr 2015 #17

Dammit! I just spent 20 minutes typing out a complete response to your question... A HERETIC I AM Apr 2015 #24

No problem, thanks for responding anyhow. I know how that is! sabrina 1 Apr 2015 #33

I'll get it done! A HERETIC I AM Apr 2015 #34

Oh -- you were just snarking. rogerashton Apr 2015 #37

No snark intended in the least A HERETIC I AM Apr 2015 #39

The one thing I know is that Dimon and the other bankers are trying to roll back Dodd/Frank, and still_one Apr 2015 #6

I have no love for Dimon or the rest of those clowns, but I asked for a reason... A HERETIC I AM Apr 2015 #11

There is always a potential for hyper-inflation due to artificially keeping interest rates too low. still_one Apr 2015 #16

Do I need obnoxiousdrunk Apr 2015 #27

Sometimes it helps to truly understand what it is you are outraged about.... A HERETIC I AM Apr 2015 #35

"liquidity problem" == "can't move our dodgy paper at the price we want". nt bemildred Apr 2015 #7

What "Dodgy paper"? A HERETIC I AM Apr 2015 #13

Probably just the ones when they tried to create a market mmonk Apr 2015 #18

Well, the article is not talking about junk bonds and has nothing to do with that sort of A HERETIC I AM Apr 2015 #21

They weren't considered junk bonds even though they were. mmonk Apr 2015 #25

Big difference between government backed verses corporate backed. The government can always print still_one Apr 2015 #19

Perhaps I should make it clear that I have a fairly good grasp on this subject matter. A HERETIC I AM Apr 2015 #22

They were actually Principal protected, wasn't that much anyway, and believe it or not from the still_one Apr 2015 #29

If they are too incompetent to succeed then let them fail. nt City Lights Apr 2015 #8

That is why they should not be so big as to take everything else down with them still_one Apr 2015 #9

Works for me! nt City Lights Apr 2015 #10

The issue raised in the article has NOTHING to do with incompetence. n/t A HERETIC I AM Apr 2015 #14

For the same way I don't trust Third Way Democrats. mmonk Apr 2015 #12

One rationale for giving banker's control in 1913 Trillo Apr 2015 #15

I'm an evidenced based person and noticed the regs ended the cycle mmonk Apr 2015 #20

Aw, Jamie, didn't Hillary say we all got into this mess together, and we will all djean111 Apr 2015 #26

She will be the best friend the banksters ever had. hifiguy Apr 2015 #32

Oh, I trust them about as much as louis-t Apr 2015 #28

Making the dismantling of TooBigToFail banks even MORE imperative. closeupready Apr 2015 #30

Maybe you don't trust them because they are greedy, double dealing shitweasels hifiguy Apr 2015 #31

Disaster capitalism destroyed the entrepreneurial system. Rex Apr 2015 #36

Just a hunch, without reading the article hughee99 Apr 2015 #38