so the Pimpco guy is calling for a fed bailout of toothless imbeciles?

[Cesko]

Quote from stock777:

I always thought it was because we allow the worlds worst to immigrate. ;-)

common on,you know it's not true

 

[Avid_Consumer]

Quote from TM_Direct:

....but the main focus is making sure some of our largest financial institutions ( ie. top five banks and brokerages) do not go under..that could cause depression ere type of panic...

screw that though. if the cost of a sustainable US economy is systematically lining the pockets of these uber privileged institutions, too f-in bad. the fed and the whitehouse facilitated this bullshit.

better we swallow the bitter pill now and purge the system of these freeloading mega-marts if we want to remain an even remotely honest, free market. they will only ever get more entrenched if they're saved

we can bail them out and people will cry for the necessity, but it's like agreeing to give your lunch money to some idiot thug for the rest of your life because he made you an offer you couldn't refuse

i would imagine, this is exactly how hyperinflation happens.

'ownership society' = own your profits AND your losses

 

[Avid_Consumer]

yes cutten

 

[Cesko]

Quote from Avid_Consumer:

screw that though. if the cost of a sustainable US economy is systematically lining the pockets of these uber privileged institutions, too f-in bad. the fed and the whitehouse facilitated this bullshit.

better we swallow the bitter pill now and purge the system of these freeloading mega-marts if we want to remain an even remotely honest, free market. they will only ever get more entrenched if they're saved

we can bail them out and people will cry for the necessity, but it's like agreeing to give your lunch money to some idiot thug for the rest of your life because he made you an offer you couldn't refuse

i would imagine, this is exactly how hyperinflation happens.

'ownership society' = own your profits AND your losses

Exactly. Everything else is bullshit and politics.