Quote from SCI new york:
Your point system is terribly flawed and favoring your deeply delusional opinion. But it's opinion only and not fact so none of that means anything.
As far as seniors, John Q and the majority public, they're the reason why were in this mess wether you believe it or not. Wall street greed played a role, but the envy and greed of the public was/is far worse.
Wages might not keep up with inflation but there's no reason why the public can not hedge themselves. The opportunities are out there and situations present themselves everyday. And in today's world where information is the most readily available commodity, sitting around dumbfounded walking blind without a cane is no one elses fault.
Pick a side. You want to blame wall street and politicians for 'creating this massive debt' we're in, but you forget to mention the publics role in all of it. Then you want to point more fingers and complain about the weak dollar that BENEFITS the country in terms of paying back the debt load. This isn't a communist country, take your hippie opinions elsewhere. This is America.
As far as your struggling margins against my argument, just because you don't like it doesn't mean your opinion is correct because it's not. And you were the one that stated earlier that food and oil prices haven't been reflected in CPI since the 80's correct? Well your example is groceries. That's food. Food costs have been increasing dramatically for quite some time. It's not the fault of the nation that your company is suffering from margins because of competition. That's a terrible excuse. And regardless of your opinion on the matter and your feeling, if you don't have a competitive advantage, don't compete. Just because you can swing the clubs well doesnt mean you're gonna be able to play in the tour with Tiger. Other companies CAN take advantage and do which is why they
Have the profits they have.
The Fed didnt favor institutions, the Fed understands what the majority public does not. Without the institutions, there is no economy. Wether you like it or not or agree with it is meaningless, facts are facts. Did the banks mess up? Yes, did they get away with a lot of things they shouldn't have? Yes, but hindsight is 20/20 so another moot point.
That google link didn't work (devaluing to prosperity)
Insider transactions are worth watching but theres much more to it than just buying and selling. That's a conversation for another day.
30 year chart on 'anything' is pretty ambiguous, it'll be argued both ways to no end.
Who are you to say he didn't see the crisis? Were you in contact with him? Maybe he had another agenda, Who knows. But no one could have predicted what actually unfolded and to say so is ridiculous and a bold faced lie.
A point isn't irrelevant Bc you don't agree with it. It wasn't that Lehman was the exception, Lehman was the sacrifice. The other banks got away with it and got bailed out. As Far as the banks being responsible, they put off their costs of mortgages etc to outside investors, banks, institutions etc. That's not their fault for taking advantage of loopholes.
So even though you may think so, none of your points are valid and prove in any way the fed is to blame. All of your statements are off runs on your liberal opinions. I haven't seen anything valid from anyone to slam the fed. I see a lot of bad links to bs stories written by more liberals who are all drinking the same hippie kool-aid and blind faith to a system that doesn't exist.
In America it's Darwinism. The strong survive. People and companies alike. Just because you don't agree with it doesn't mean it doesnt work, it means you're doing it wrong.
...cmon cuz lend me another thou today and when I hit parley on a sure thing like the heat winning tonight ill give you back $1500 ...knowing very well that you can go to grandma and scare her out of the money if your cuz doesnt pay up...