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Thread: Bernie Sanders To Introduce Bill To Break Up The Big Banks

  1. #41
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    Re: Bernie Sanders To Introduce Bill To Break Up The Big Banks

    Quote Originally Posted by DaveFagan View Post
    I think Sanders is attempting to take some of the POWER away from these huge banking monopolies that the US gave the Treasure to. Banks as lenders are influencing which Nations the USA manipulates to survive so that they can make their bank payments to their USA banking opportunists "privatizing" National patrimonies. The USA and huge Banking CORPORATIONS colluding to control Nations. Gosh, who'd a thunk it? "Too big to fail?" Screw 'em all. Pull the plug. Make sure the Nations that owe big debts to USA Banks survive to protect those bank payments. There have been no principles in recent gov't moves by the USA, at least, not since Vietnam.
    Back that up to somewhere between the end of WWII and Korea and I'll agree with you. Somewhere in there the politics of an initiative started to outweigh the principles of the initiative.
    "Every time something really bad happens, people cry out for safety, and the government answers by taking rights away from good people." - Penn Jillette.

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    Re: Bernie Sanders To Introduce Bill To Break Up The Big Banks

    Quote Originally Posted by Anomalism View Post
    I'd love to see you break down his plan and explain how it drives the economy into the ground.
    Again ?

    Lets see, more " stimulus to increase aggregate demand ", tax increases, protectionism and empty devisive narratives and left wing talking points is NOT what this Country needs after 8 years of Obama's incompetence.

    Sanders and people like him have no idea how to grow free market economies. He's a Socialist, how would he know or his supporters know how to create jobs and new investment ?

    People like Sanders think you incentivize investiment via threats and intimidation. They think tax increases on Corporations and investors and the " Rich " leads to equity and " fairness " and ridiculously more private investment.

    When in fact they're moronic narratives and policies only lead to more disparity, poverty and unemployment as Corporations simply sit on their Capital instead of investing it in the economy and investors take their wealth elsewhere.

    Sanders thinks a Country can borrow and spend its way into prosperity and low unemployment. Japan blew through 10 different Stimulus packages totallting 100 Trillion Yen in under 10 years and all it did was grow their debt.

    Now theyre a basket case and so is Socialist Venezuela.

    Sanders is Socialist a moron who attracts low information supporters who thinks more Government, higher taxes on wealth creation and nationalizng major industries is the answer to our problems.

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    Re: Bernie Sanders To Introduce Bill To Break Up The Big Banks

    Quote Originally Posted by Summerwind View Post
    Right at the moment you're wrong about how people feel about Hillary, she's beating all opponents by leaps and bounds in polls. She could screw up though and lean too far right as she did in 2008 and lose most of the party.
    She is only beating people right now because of name recognition.

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    Re: Bernie Sanders To Introduce Bill To Break Up The Big Banks

    Quote Originally Posted by catswiththumbs View Post
    She could still win, but she's a has been - the lack of any halfway decent challengers could give her the "meh, whatever" vote and do the trick.
    I don't think one should underestimate her prospects. She has a decisive advantage in the latest polling among Democrats, including the share who enthusiastically back her.

    http://i2.cdn.turner.com/cnn/2015/im...l4a.-.2016.pdf (Questions 18 and 20)

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    Re: Bernie Sanders To Introduce Bill To Break Up The Big Banks

    One would think after the 2008/9 debacle, breaking the banks up would be a no-brainer!

    But they & their bought Congressional minions are a potent adversary for the people & free-market capitalism.

    Time to put an end to corporate social welfare, & let them learn to stand on their own in a free-market capitalist system - My pocket-book is still hurting from bailing them out!
    "When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis

    The 10 Commandments of Logic - (Courtesy of Abbazorkzog Blog)

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    Re: Bernie Sanders To Introduce Bill To Break Up The Big Banks

    Quote Originally Posted by Chomsky View Post
    One would think after the 2008/9 debacle, breaking the banks up would be a no-brainer!

    But they & their bought Congressional minions are a potent adversary for the people & free-market capitalism.

    Time to put an end to corporate social welfare, & let them learn to stand on their own in a free-market capitalist system - My pocket-book is still hurting from bailing them out!
    Lol !!

    NONE of Bernie Sanders ( the avowed Socialist ) solutions has anything to do with free-market capitalism.

    None. He wouldn't know what free market capitalism was if it jumped up and bit him in the ass.

    And NO ONE'S " pocket book " is hurting from the consequences of TARP.

    First it was paid back, and second it didnt come out of anyones pocket books.

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    Re: Bernie Sanders To Introduce Bill To Break Up The Big Banks

    Quote Originally Posted by Fenton View Post
    Lol !!

    NONE of Bernie Sanders ( the avowed Socialist ) solutions has anything to do with free-market capitalism.

    None. He wouldn't know what free market capitalism was if it jumped up and bit him in the ass.

    And NO ONE'S " pocket book " is hurting from the consequences of TARP.

    Forst it was paid back, and second it didnt come out of anyones pocket books.
    Reasonable people want fair market capitalism, like free trade, free capitalism migrates towards benefitting fewer and fewer, more and more. Fair trade, fair capitalism. Both require regulation and monitoring.
    Killing one person is murder, killing 100,000 is foreign policy

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    Re: Bernie Sanders To Introduce Bill To Break Up The Big Banks

    Quote Originally Posted by Fenton View Post
    Lol !!

    NONE of Bernie Sanders ( the avowed Socialist ) solutions has anything to do with free-market capitalism.

    None. He wouldn't know what free market capitalism was if it jumped up and bit him in the ass.

    And NO ONE'S " pocket book " is hurting from the consequences of TARP.

    First it was paid back, and second it didnt come out of anyones pocket books.
    Bernie Sanders understands that an economy cannot function properly with all of the wealth and power concentrated at the top. He understands that when the people on the bottom are making more money it stimulates the economy. He understands that breaking up monopolies and creating competition is how you make the market healthier. He understands capitalism better than his Republican counterparts.

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    Re: Bernie Sanders To Introduce Bill To Break Up The Big Banks

    Quote Originally Posted by Anomalism View Post
    Bernie Sanders understands that an economy cannot function properly with all of the wealth and power concentrated at the top. He understands that when the people on the bottom are making more money it stimulates the economy. He understands that breaking up monopolies and creating competition is how you make the market healthier. He understands capitalism better than his Republican counterparts.
    We went thru this already, pretty much what the New Deal was about (in part) which restricted and regulated predatory banking that at least in part led to the depression. Worked well several decades, grew the biggest strongest middle class that the modern world at least had ever known. But 30 years of Reaganomics are reversing that. This is what Sanders wants to address.
    Killing one person is murder, killing 100,000 is foreign policy

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    Re: Bernie Sanders To Introduce Bill To Break Up The Big Banks

    Quote Originally Posted by Fenton View Post
    Lol !!

    NONE of Bernie Sanders ( the avowed Socialist ) solutions has anything to do with free-market capitalism.

    None. He wouldn't know what free market capitalism was if it jumped up and bit him in the ass.

    And NO ONE'S " pocket book " is hurting from the consequences of TARP.
    First it was paid back, and second it didnt come out of anyones pocket books.
    With all due respect, the topic is not 'Bernie Sanders', but his attempt to end the 'too big to fail free ride syndrome'. I'm willing to acknowledge that even candidates I don't like occasional have an idea that has merit.

    You're point about TARP being paid-back is reasonably accurate, but those funds came out of the tax-payer's funds, which I believe I can euphemistically refer to as 'my pocket-book' without occurring too much discrepancy.

    But the big-picture you're missing is free-markets cannot exist without regulation - monopoly or oligarchy are NOT free markets. Neither are bail-outs with the people's money - that my friend is corporate socialism.

    And the current American dualistic economic system of 'corporate socialized losses with 'free-market profits' is exactly what Mr. Sanders is attempting to rectify!

    Are we free-market? Or socialist? Which is it?

    I'll weigh-in for free-markets in a well-regulated economic system.
    "When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis

    The 10 Commandments of Logic - (Courtesy of Abbazorkzog Blog)

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