View Poll Results: Should the Bankers be prosecuted?

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  • YES

    24 70.59%
  • NO

    4 11.76%
  • CHOP THEIR HEADS

    6 17.65%
  • NO, EXPLAIN PLEASE

    2 5.88%
  • I DIDN'T WANT TO KNOW ABOUT THIS

    2 5.88%
  • YOU CAN'T TRUST ANYBODY

    3 8.82%
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Thread: Bankers or Criminals?

  1. #11
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    Re: Bankers or Criminals?

    Quote Originally Posted by Helix View Post
    if they broke the law, then they should be prosecuted.

    if they managed to seriously hurt our economy without breaking any laws, then that's an area ripe for regulation. i'd prefer to see regulation, as that helps make future crashes less likely.
    The problem is the people who are making risky investments and then ask for taxpayer money when they fail give that money as campaign contributions to the people who write the laws.

    So this kind of thing is never against the law because the people who make money by keeping legal pay lawmakers to not make it illegal.
    Also, we need to legalize recreational drugs and prostitution.

  2. #12
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    Re: Bankers or Criminals?

    Quote Originally Posted by samsmart View Post
    The problem is the people who are making risky investments and then ask for taxpayer money when they fail give that money as campaign contributions to the people who write the laws.

    So this kind of thing is never against the law because the people who make money by keeping legal pay lawmakers to not make it illegal.
    you have a point. however, regulation usually catches up a little more after economic disasters. the public's patience with too big to fail is getting pretty short.

  3. #13
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    Re: Bankers or Criminals?

    I have been saying for a long time that Wall Street is the new face of organized crime....
    Oracle of Utah
    Truth rings hollow in empty heads.

  4. #14
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    Re: Bankers or Criminals?

    Quote Originally Posted by samsmart View Post
    The problem is the people who are making risky investments and then ask for taxpayer money when they fail give that money as campaign contributions to the people who write the laws.

    So this kind of thing is never against the law because the people who make money by keeping legal pay lawmakers to not make it illegal.
    That's precisely correct. Their power is held in place by the strong arm of the government. What I find ridiculous is that the typical answer from both sides is that the government needs more power.
    Quote Originally Posted by LowDown View Post
    I've got to say that it is shadenfreudalicious to see the rich and famous fucquewads on the coast suffering from the fires.

  5. #15
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    Re: Bankers or Criminals?

    Quote Originally Posted by RabidAlpaca View Post
    That's precisely correct. Their power is held in place by the strong arm of the government. What I find ridiculous is that the typical answer from both sides is that the government needs more power.
    Or that businesses need deregulation so they can better succeed by being able to make risky investments. And when they make too many risky investments, they go those members of Congress in their pockets and ask for bailouts. Which, of course, they get.
    Also, we need to legalize recreational drugs and prostitution.

  6. #16
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    Re: Bankers or Criminals?

    Quote Originally Posted by samsmart View Post
    Or that businesses need deregulation so they can better succeed by being able to make risky investments. And when they make too many risky investments, they go those members of Congress in their pockets and ask for bailouts. Which, of course, they get.
    And you want to give these corrupt members of congress more power and more money? Interesting strategy. As long as we let the government play master market manipulator instead of just being the referee, we're going to have them constantly overstepping their bounds. Corporate welfare and bailouts are a prime example of this.
    Quote Originally Posted by LowDown View Post
    I've got to say that it is shadenfreudalicious to see the rich and famous fucquewads on the coast suffering from the fires.

  7. #17
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    Re: Bankers or Criminals?

    Quote Originally Posted by RabidAlpaca View Post
    And you want to give these corrupt members of congress more power and more money? Interesting strategy. As long as we let the government play master market manipulator instead of just being the referee, we're going to have them constantly overstepping their bounds. Corporate welfare and bailouts are a prime example of this.
    Please point out where I said I wanted to give members of Congress more power and more money.

    Rather, if I had my way, the people would be able to implement federal laws via a national referendum so that the people could implement the kind of reforms they want that Congress is unwilling to implement.
    Also, we need to legalize recreational drugs and prostitution.

  8. #18
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    Re: Bankers or Criminals?

    Using some individuals definitions, I'm a banker.
    I would agree in a limited circumstance.

    What does a banker do?
    She/He extends capital to people, who would otherwise not have it.
    For the purposes of financing business and large purchases, like homes and cars.

    I lent people money to refinance their debt, into a lower rate (my rate).
    Is that evil, is that bad?

    They asked and I obliged them, of course I made sure their income and obligations could support the repayment structure.

    In total, "bankers" and "banking" has helped our world, far more than it has harmed.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

  9. #19
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    Re: Bankers or Criminals?

    Quote Originally Posted by lpast View Post
    Look...banks were created by the rich to hide and manipulate their money and anyone elses they could get their hands on...they make millions creating a web that no one can untangle or greed deceit and robbery..

    Nope, not true.

    History of banking - Wikipedia, the free encyclopedia

    If you went to a world without banking, you'd return mighty fast.
    Probably clothed in animal skins, living in a gas hut, before you returned.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

  10. #20
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    Re: Bankers or Criminals?

    Quote Originally Posted by Harry Guerrilla View Post
    Using some individuals definitions, I'm a banker.
    We need to find a way to prosecute you now.
    "Loyalty only matters when there's a hundred reasons not to be-" Gen. Mattis

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