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SEC employees surfed porn as economy fell

I see no explanation how an immaterial portion of the economy could have caused this problem. Why? Obviously because you are wrong.



Perhaps, hence why the motive to break them up before they get that big does have merit.

You're an idiot who thinks he knows what the hell is going in the financial sector. You don't. Breaking up the big banks would be punishing success. Furthermore, big banks have big advantages to the consumer.

The housing crisis started this mess, you buffoon.
 
You're an idiot who thinks he knows what the hell is going in the financial sector. You don't. Breaking up the big banks would be punishing success. Furthermore, big banks have big advantages to the consumer.

The housing crisis started this mess, you buffoon.

Depends on how they got their "success".....and I have seen big banks take advantage of the consumer. I have an elderly neighbor that was ripped off big time by his bank, talking him into converting a fixed interest IRA account to an annuity that is not in an IRA. He paid a lot of taxes that he didn't plan on, and won't live long enough to benefit from an annuity. He is already 85....
 
Yes, it is.

Relying on Wall Street to do what is right for the country is a bad idea, too.

Is there another alternative?

Why are you relying on "Wall Street" to do anything? Most of them simply acted in their own rational self-interest; that's hardly surprising.
 
How many employees were involved in this 'issue'?
 
AHAHAHAH. Yes, how dare people blame wall street for anything, they're a benevolent organization full of the VERY BEST Americans, who'd never do anything bad. They'd never do something that hurts other people in the name of making money. NEVER.

What are you mad at them for, exactly!? I can't tell you how many times I've asked people: Who is "Wall Street" and why are you mad at them?

I've received nothing but vague, nonsensical answers that are just inane platitudes. Hopefully you can buck that trend.
 
Why are you relying on "Wall Street" to do anything? Most of them simply acted in their own rational self-interest; that's hardly surprising.

It isn't rational self interest when you manipulate the market to enable the theft of money that belongs to someone else....
 
It isn't rational self interest when you manipulate the market to enable the theft of money that belongs to someone else....

More vague and meaningless platitudes.

Define for me the following terms: Manipulate, the market, theft of money.

Who, specifically, did these things and how did they do it? Please, explain it to me, and be as specific as possible.
 
More vague and meaningless platitudes.

Define for me the following terms: Manipulate, the market, theft of money.

Who, specifically, did these things and how did they do it? Please, explain it to me, and be as specific as possible.

Nothing vague about it.
You want specifics and details? Watch network news....
 
How many employees were involved in this 'issue'?

How many have to be involved in order to categorize it as an "issue"?
 
Nothing vague about it.
You want specifics and details? Watch network news....

You can't answer the questions. No surprise there.

Anyone else want to give it a shot? I'd love for someone to explain how "Wall Street" can do anything, let alone steal people's money.
 
Why are you relying on "Wall Street" to do anything? Most of them simply acted in their own rational self-interest; that's hardly surprising.

Which is exactly why they need government oversight.
 
You can't answer the questions. No surprise there.

Anyone else want to give it a shot? I'd love for someone to explain how "Wall Street" can do anything, let alone steal people's money.

You have answers? I doubt it.
No surprise there....
The powerful on Wall Street have screwed us all just a little, but "penetration however slight" is enough to show their greed, selfishness, and dishonesty.
Their ethics are situational, depending most on the odds of being caught....
 
What is the specific oversight you think is required?

How about someone looking over their collective shoulders and saying, "No, you may not ***** the public in order to improve the bottom line and make an outrageous bonus."
 
People. Unles you own the company, don't surf porn on the company network. Jesus.

Fing government slack-asses. Maybe if they had less job security they might act like the rest of the private sector.
 
You have answers? I doubt it.
No surprise there....
The powerful on Wall Street have screwed us all just a little, but "penetration however slight" is enough to show their greed, selfishness, and dishonesty.
Their ethics are situational, depending most on the odds of being caught....

I have answers, yes, but they would be long and complex, unlike your populist sound bites and platitudes; but we're not talking about me right now - you're the one who is making assertions, which means the onus is on you to substantiate them.

Why don't you stop squirming and obfuscating and just answer the damn question? Explain to me, specifically, who screwed us and how they did it. Are you incapable of this? Is that why you keep repeating your vague and meaningless sentiments about Wall Street greed and theft?

How about someone looking over their collective shoulders and saying, "No, you may not ***** the public in order to improve the bottom line and make an outrageous bonus."

Who are you talking about, specifically, how did they "**** the public", and what regulations would you impose in order to prevent said ****ing?

I'd like specifics.
 
I have answers, yes, but they would be long and complex, unlike your populist sound bites and platitudes; but we're not talking about me right now - you're the one who is making assertions, which means the onus is on you to substantiate them.

Why don't you stop squirming and obfuscating and just answer the damn question? Explain to me, specifically, who screwed us and how they did it. Are you incapable of this? Is that why you keep repeating your vague and meaningless sentiments about Wall Street greed and theft?



Who are you talking about, specifically, how did they "**** the public", and what regulations would you impose in order to prevent said ****ing?

I'd like specifics.

Read the papers then, or watch the evening news.
 
Read the papers then, or watch the evening news.

This is so pathetic. You don't even know what you want or who you want it done to.

Maybe you should actually do some research instead of just regurgitating inane populist platitudes about a strip of pavement in Manhattan.

The collapse of the housing and financial sectors was a little more complex than "Wall Street stole our monies!!! Regulate them so they can't steal our monies anymore!!!"

So lame...
 
You're an idiot who thinks he knows what the hell is going in the financial sector. You don't. Breaking up the big banks would be punishing success. Furthermore, big banks have big advantages to the consumer.

The housing crisis started this mess, you buffoon.

Boy I'm glad you're gone! See ya!
 
This is so pathetic. You don't even know what you want or who you want it done to.

Maybe you should actually do some research instead of just regurgitating inane populist platitudes about a strip of pavement in Manhattan.

The collapse of the housing and financial sectors was a little more complex than "Wall Street stole our monies!!! Regulate them so they can't steal our monies anymore!!!"

So lame...

Already said you should watch the news....you can't do that?
Or is the evil media unfairly smearing the good christian folk on Wall Street?

Instead of calling people stupid, why don't you share some of your super intellect and tell us how the media and the current administration are unfairly treating the financiers on Wall Street.

And I did give you one specific, the elderly neighbor who got ripped off by his bank just so one of its employees could get a commission....
 
I have answers, yes, but they would be long and complex, unlike your populist sound bites and platitudes; but we're not talking about me right now - you're the one who is making assertions, which means the onus is on you to substantiate them.

Why don't you stop squirming and obfuscating and just answer the damn question? Explain to me, specifically, who screwed us and how they did it. Are you incapable of this? Is that why you keep repeating your vague and meaningless sentiments about Wall Street greed and theft?



Who are you talking about, specifically, how did they "**** the public", and what regulations would you impose in order to prevent said ****ing?

I'd like specifics.

Why would the answers have to be long and complex? Maybe because the financiers use long and complex methods to do their dirty deeds? They count on the SEC types to back off investigating when they see they might have to work at it, instead of just sitting in front of their computers masturbating.
WHY ARE YOU so eager to cover for them? Are you one of them? Shouldn't you be working?
 
Already said you should watch the news....you can't do that?
Or is the evil media unfairly smearing the good christian folk on Wall Street?

Instead of calling people stupid, why don't you share some of your super intellect and tell us how the media and the current administration are unfairly treating the financiers on Wall Street.

And I did give you one specific, the elderly neighbor who got ripped off by his bank just so one of its employees could get a commission....

I never said anyone was stupid. Stop putting words into my mouth.

So, when are you going to explain YOUR position. This is a debate forum, after all, and one would be expected to actually define and explain their position when it is requested. You obviously cannot do that, so you just tell me to watch the news or some other nonsense, but this isn't about MY position, it's about YOU and the position YOU espoused. Do you understand how assertions work, or do you think you can just make them without having to actually support them with facts and logical argumentation?

Whenever you're ready to explain your position without anecdotal evidence and inane platitutdes, be sure to let me know.

Why would the answers have to be long and complex?

Gee, I don't know, maybe because it's a complex matter when two sectors of the economy collapse and cause a major recession.

Maybe because the financiers use long and complex methods to do their dirty deeds?

What dirty deeds!? Why can't you be specific?

They count on the SEC types to back off investigating when they see they might have to work at it, instead of just sitting in front of their computers masturbating.
WHY ARE YOU so eager to cover for them? Are you one of them? Shouldn't you be working?

I'm not covering for anyone. I'd just like to hear you explain your position using specifics. Is that so much to ask!? Why are you on a freaking internet forum if you won't explain your position?

Of course, the answer is that you can't explain your position, because you don't actually know what caused the collapse of the housing and financial sectors.
 
Eh. Not surprising. Ever since Clinton took office, the SEC has kind of been a joke.

Clinton cut funding and Bush reoriented their purpose. Given how badly the SEC was understaffed, it's not that surprising that Madoff was able to do what he did. This is just another symptom of regulators asleep at the wheel.
And this has what to do with surfing porn? Nothing. :doh
 
The blame should really go to the network administrators who have no implimented the filters necessary to block such sites, which is commonly done in many other departments.
 
I never said anyone was stupid. Stop putting words into my mouth.

So, when are you going to explain YOUR position. This is a debate forum, after all, and one would be expected to actually define and explain their position when it is requested. You obviously cannot do that, so you just tell me to watch the news or some other nonsense, but this isn't about MY position, it's about YOU and the position YOU espoused. Do you understand how assertions work, or do you think you can just make them without having to actually support them with facts and logical argumentation?

Whenever you're ready to explain your position without anecdotal evidence and inane platitutdes, be sure to let me know.



Gee, I don't know, maybe because it's a complex matter when two sectors of the economy collapse and cause a major recession.



What dirty deeds!? Why can't you be specific?



I'm not covering for anyone. I'd just like to hear you explain your position using specifics. Is that so much to ask!? Why are you on a freaking internet forum if you won't explain your position?

Of course, the answer is that you can't explain your position, because you don't actually know what caused the collapse of the housing and financial sectors.

I am putting words into your mouth? If I was, it would be to explain the one specific I gave you....splain that, lucy, then for a follow up, splain how billion dollar pyramid schemes go unnoticed by the SEC...
What dirty deeds? Do you live under a rock? don't watch the news?
 
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