View Poll Results: Who would you rather have as president?

Voters
59. You may not vote on this poll
  • Hillary Clinton

    19 32.20%
  • Elizabeth Warren

    40 67.80%
Page 15 of 42 FirstFirst ... 5131415161725 ... LastLast
Results 141 to 150 of 420

Thread: Elizabeth Warren vs. Hillary Clinton[W:336]

  1. #141
    Kinky
    tres borrachos's Avatar
    Join Date
    Feb 2012
    Location
    New England
    Last Seen
    Yesterday @ 08:50 PM
    Gender
    Lean
    Moderate
    Posts
    39,034

    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by TurtleDude View Post
    that doesn't establish your point. it looks like you want more regulation and the small bankers do not


    My father was a director for several decades of a bank that now is a Fortune 500 establishment. The consolidation of banking is market driven
    From my link from CBS News:

    since the end of the recession, small banks have approved three to four times more small business loans every month than big banks have.



    People who don't understand that the smaller (community) banks are the ones who are helping small business and also consumers as opposed to the large banks have no idea what Warren's "consumer protection" is going to do to this country.

  2. #142
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 01:43 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,606

    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by Amadeus View Post
    It does address my point. Smaller banks do not generally engage in the practices of larger banks (predatory lending), but have to compete with them anyway. Thus, it's not a level playing field. So they end up losing business.

    small entities are generally always at a competitive disadvantage to larger entities if they are trying to supply the same services.



  3. #143
    Sage
    AlbqOwl's Avatar
    Join Date
    Jan 2005
    Location
    New Mexico
    Last Seen
    Today @ 03:00 AM
    Gender
    Lean
    Other
    Posts
    17,504
    Blog Entries
    2

    Re: Elizabeth Warren vs. Hillary Clinton

    Geez no 'none of the above' option.

    But at the risk of rudely butting into a banking discussion in the midst of a Warren vs Clinton thread. . . .

    For me choosing between Elizabeth Warren and Hillary Clinton is choosing between Tweedledum and Tweedledee, choosing between Folgers and Maxwell House, looking for a unique toothpick in the box, and, I might as well say it because I'm thinking it, choosing between dumb and dumber or liar vs bigger liar.

    Evenso, probably either one of them would make a better president than the current occupant in the White House.
    "I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it." --Benjamin Franklin 1776

  4. #144
    Kinky
    tres borrachos's Avatar
    Join Date
    Feb 2012
    Location
    New England
    Last Seen
    Yesterday @ 08:50 PM
    Gender
    Lean
    Moderate
    Posts
    39,034

    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by TurtleDude View Post
    Lieyawatha is a whore for crony capitalism
    Warren is the darling of the big banks. She will damage the banking system in this country irreperably. But people apparently don't care. Meh.

  5. #145
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 01:43 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,606

    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by tres borrachos View Post
    Warren is the darling of the big banks. She will damage the banking system in this country irreperably. But people apparently don't care. Meh.
    lots of people will side with an asshole if they think that the asshole is going to stick it to the perceived causes of their problems. Lots of people are losers and blame losing on banks or corporations. Most of them aren't smart enough to figure out that someone like Lieyawatha and her anti corporate rhetoric is not based on a desire to help the failures and the unlucky. Rather, like most rich lefties, she merely panders to the envy of suc people in order to gain more wealth and power herself



  6. #146
    Chews the Cud
    Amadeus's Avatar
    Join Date
    Apr 2013
    Location
    Benghazi
    Last Seen
    @
    Gender
    Lean
    Very Liberal
    Posts
    6,081

    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by TurtleDude View Post
    small entities are generally always at a competitive disadvantage to larger entities if they are trying to supply the same services.
    They are not supplying the same service.

    HowStuffWorks "What is Predatory Lending?"

    Predatory lenders will use all kinds of pressure tactics to convince a homebuyer to sign. They might tell a borrower that this is his or her only chance to get a mortgage, that there's no one else in town who will give the buyer such a good deal, and that it will be gone tomorrow.

    Sometimes a mortgage broker will collude with a certain mortgage lender and get a kickback if the victim signs a mortgage with an inflated interest rate. Or two lenders will run a bait-and-switch operation in which one lender baits a borrower with a highly attractive mortgage offer, but says it fell through at the last second. The second lender calls the same day with a less attractive offer, but capitalizes on the borrower's excitement to buy the house.

    Sometimes a predatory lender will convince a homeowner to refinance his or her mortgage without any real financial benefit to the customer [source: U.S. Department of Housing and Urban Development]. The goal for the lender is to trick the homeowner into refinancing for a higher interest rate, or simply to collect any fees associated with the transaction. That's called flipping a loan.

  7. #147
    Kinky
    tres borrachos's Avatar
    Join Date
    Feb 2012
    Location
    New England
    Last Seen
    Yesterday @ 08:50 PM
    Gender
    Lean
    Moderate
    Posts
    39,034

    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by TurtleDude View Post
    lots of people will side with an asshole if they think that the asshole is going to stick it to the perceived causes of their problems. Lots of people are losers and blame losing on banks or corporations. Most of them aren't smart enough to figure out that someone like Lieyawatha and her anti corporate rhetoric is not based on a desire to help the failures and the unlucky. Rather, like most rich lefties, she merely panders to the envy of suc people in order to gain more wealth and power herself
    Agree 1000%.

    Her message of "consumer protection" resonates with people. In my real life, I've had discussions with people who think every banker is out to get them. I've actually had people complain about banks charging them when they overdraw their checking accounts and cheer about Warren trying to prevent the banks (and I'm including the tiniest of community banks in this statement) from charging them for it. Can you imagine? You have $100 in your account, and you write a check for $350, and then you have the audacity to be pissed when your bank pays the check (sparing you the embarrassment of an overdraft) and then charges you $28 for it? Un****ingbelievable.

    It's like her stance on the people who overextended themselves. She feels it is the fault of the lenders who were "predators". Yeah, they prayed on people's stupidity and greed If you make $50,000 a year, NO, you can't afford a $750,000 house, FFS. But with her message, it's everyone else's fault not the fault of the very irresponsible homeowner. That's Obama's message too. So she has put together these absurd rules that will hurt ALL consumers, not just the stupid and irresponsible ones. And it will and HAS hurt the small banks. In the end, NOBODY will win.

    But they cheer her anyway, not having any clue at all of how dangerous her message is. But the big banks love her, so I guess the Warren champs love the big banks too. They just don't realize it...but they will, mark my words.
    Last edited by tres borrachos; 06-15-14 at 11:58 AM.

  8. #148
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 01:43 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,606

    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by tres borrachos View Post
    Agree 1000%.

    Her message of "consumer protection" resonates with people. In my real life, I've had discussions with people who think every banker is out to get them. I've actualy had people complain about banks charging them when they overdraw their checking accounts and cheer about Warren trying to prevent the banks (and I'm including the tiniest of community banks in this statement) from charging them for it. Can you imagine? You have $100 in your account, and you write a check for $350, and then you have the audacity to be pissed when your bank pays the check (sparing you the embarrassment of an overdraft) and then charges you $28 for it? Un****ingbelievable.

    It's like her stance on the people who overextended themselves. She feels it is the fault of the lenders who were "predators". Yeah, they prayed on people's stupidity and greed If you make $50,000 a year, NO, you can't afford a $750,000 house, FFS. But with her message, it's everyone else's fault not the fault of the very irresponsible homeowner. That's Obama's message too. So she has put together these absurd rules that will hurt ALL consumers, not just the stupid and irresponsible ones. And it will and HAS hurt the small banks. In the end, NOBODY will win.

    But they cheer her anyway, not having any clue at all of how dangerous her message is. But the big banks love her, so I guess the Warren champs love the big banks too. They just don't realize it...but they will, mark my words.
    Lieyawatha appeals to people who want to blame their own failures on others



  9. #149
    Kinky
    tres borrachos's Avatar
    Join Date
    Feb 2012
    Location
    New England
    Last Seen
    Yesterday @ 08:50 PM
    Gender
    Lean
    Moderate
    Posts
    39,034

    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by TurtleDude View Post
    Lieyawatha appeals to people who want to blame their own failures on others
    It's apparently a message that sells. Sad, that.

    If you ****ed up, it's on you, not on the bank. The people who made stupid mistakes own their mistakes, and nobody else should be responsible.

    There is an unbelievable lack of education on Warren's consumer protection message. That scares me. It isn't good for this country.

  10. #150
    Almost respectable

    Cardinal's Avatar
    Join Date
    Jun 2008
    Last Seen
    @
    Gender
    Lean
    Undisclosed
    Posts
    34,972

    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by tres borrachos View Post
    Number of U.S. banks drops to record low

    By/Constantine von Hoffman/MoneyWatch/December 4, 2013, 4:11 PM/
    Number of U.S. banks drops to record low

    The number of banks in the U.S. has fallen to a record low this year, with most of the closed institutions consisting of community lenders. With profits harder to come by in financial services and bankers complaining about the burdens of increased regulation, more small lenders are expected to close. This could take a toll on small businesses, which rely on these banks as their primary source of funds.

    According to the Federal Deposit Insurance Corp., the number of federally insured financial institutions fell to to 6,891 as of the end of September. That’s the lowest it has been since 1934, when federal regulators began tracking the number. In the past 30 years, more than 10,000 banks have closed because of mergers, consolidations or failures. The overwhelming majority of those closures were small banks, or those with less than $100 million in assets.

    “Small banks are the most important source of loans for small businesses,” said Rohit Arora, CEO of Biz2Credit, which matches up businesses and lenders. Research by the company shows that since the end of the recession, small banks have approved three to four times more small business loans every month than big banks have.

    Small banks make their money from what many think of as traditional banking -- the spread between the interest they pay to depositors and the interest borrowers pay for loans. However, the Federal Reserve’s monetary policy since the 2008 financial crisis of keeping interest near zero has cut that difference paper-thin.



    Here is the magic paragraph:

    Banks big and small also face higher costs to comply with regulations passed under the 2010 Dodd-Frank financial reform law. Some banks have had to quadruple the number of staff dedicated to dealing with these and other regulations, like those requiring increased security to ward off cyber-attacks. Such costs are much easier for large banks, like Citibank (C) or Bank of America (BAC), to absorb.



    Number of U.S. banks drops to record low - CBS News
    A drop that began with deregulation in the 80's, as it would happen. It's kind of hard to swallow the idea that regulation will hurt independent banks when their free fall happened at the same exact time as deregulation.

Page 15 of 42 FirstFirst ... 5131415161725 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •