The Bern Identity

wildchild said:
Sanders is a moron, his followers are morons, he has no chance to win. A dipshit like Sanders makes Trump look good. Its too bad that there will always be losers looking for free stuff. If you support Sanders you are a loser of epic proportion, go get a job a stop trying to live on someone else's dime.
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I support him. I sent him some money as a matter of fact. The national polls at present tell us he would win in the general election against Trump. But I think it will be very difficult barring some unforeseen circumstance for Sanders to get the nomination. By the way, Sanders does not believe in "free" stuff. His website is very specific on how he would pay for his proposals.

None of us will find a political candidate with whom we can agree 100%, but the Sanders' proposals, overall, are the most intelligent and sensible I've heard from any candidate for President in a long time. They are doable, possibly practical, and could have a very beneficial affect overall on the U.S. society and our economy.. I have concerns regarding his college tuition plan, which I believe could pay tremendous dividends. In other countries where this is done, the public universities are tied closely to national funding, but here they are tied to individual State funding. That could create a cost control challenge.

His proposals will have strong opposition from vested interests in which disinformation will be the order of the day of course.

http://www.bloomberg.com/news/artic...mp-is-doing-the-work-of-isis-by-creating-fear
 
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piezoe said:
I support him. I sent him some money as a matter of fact. The national polls at present tell us he would win in the general election against Trump. But I think it will be very difficult barring some unforeseen circumstance for Sanders to get the nomination. By the way, Sanders does not believe in "free" stuff. His website is very specific on how he would pay for his proposals.

None of us will find a political candidate with whom we can agree 100%, but the Sanders' proposals, overall, are the most intelligent and sensible I've heard from any candidate for President in a long time. They are doable and practical and would have a very beneficial affect overall on the U.S. society and economy. But they'll have strong opposition from vested interests of course.

http://www.bloomberg.com/news/artic...mp-is-doing-the-work-of-isis-by-creating-fear
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Yep, more of the Piezoe talking out of both sides of his mouth...It reminds me of just about everything leftists tinker with...they "project" tremendous revenue generators assuming consumption stays constant...It's all pablum since tax increases, fee increases etc affect behavior...
 
der_kommissar said:
Yep, more of the Piezoe talking out of both sides of his mouth...It reminds me of just about everything leftists tinker with...they "project" tremendous revenue generators assuming consumption stays constant...It's all pablum since tax increases, fee increases etc affect behavior...
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All of these issues have complexity and nuance. What is an attempt to sort through these complexities may appear to some as talking out of both sides of one's mouth. That would be especially true of those who have difficulty recognizing the complexities and nuances. Those folks naturally gravitate to a candidate that is able to present simple solutions to complex problems in a very appealing way. Donald Trump would be one such candidate, e.g., too many illegal immigrants: build a wall and get Mexico to pay for it. Not enough jobs: make America Great Again.
 
piezoe said:
All of these issues have complexity and nuance. What is an attempt to sort through these complexities may appear to some as talking out of both sides of one's mouth. That would be especially true of those who have difficulty recognizing the complexities and nuances. Those folks naturally gravitate to a candidate that is able to present simple solutions to complex problems in a very appealing way. Donald Trump would be one such candidate, e.g., too many illegal immigrants: build a wall and get Mexico to pay for it. Not enough jobs: make America Great again.
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If I believed for a second that you leaned libertarian, I'd agree with you...OTOH, I've read your posts for years and you are nothing more than a passive aggressive leftist that is too ashamed to admit it...
 
piezoe said:
a little knowledge is a dangerous thing. Those banks that look to you like just any foreign bank are owned by governments and other central banks, they are not just any foreign bank. The purpose of the Fed actions was to assure liquidity and prevent a worldwide financial catastrophe. The Fed would have in time released all of this information, but the Fed naturally does not want to call attention to banks that are in financial trouble, because that can make the situation even worse! These banks might have, without prompt Fed action, become insolvent because some of their U.S. dollar denominated assets, though not worthless, suffered a temporary loss of liquidity. The Fed was brilliant in preventing a horrible international collapse of the world's financial system. The Fed under Greenspan was largely responsible for the crisis by failure to regulate, and the responsibility for correcting the mess created under Greenspan's watch fell to Bernanke. Bernanke was masterful in seeing that liquidity was maintained throughout the crisis. Again, these are not just any foreign owned bank. The Fed did not give any of these banks money, they loaned money against discounted assets that had temporarily become ill-liquid.

Jem, I have neither the time nor interest to educate you on these matters. But If you take the time, and it will require a lot of reading on your part, all of the information you need to understand these transactions is available to you. Details about certain kinds of current transactions may not be available, as their release into the public domain may be delayed.
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It's called the business cycle, my friend. Leverage up > debtload maximum > leverage down. Happened since the dawn of time. The FED should have backstopped all customer deposits and let the insolvent banks fail. That's it. That's how our system should work. Instead, we get zombie banks like Japan, because they own the FED, so they call the shots and bailout their own ass with taxpayer money. We can pretend the fiction they sell us is all legit and above board, but most of it is horseshit.

Check out the new bail-in rule, going forward. Instead of letting banks fail and backstopping depositors, depositors are now on the hook legally for insolvent banks. THe system is getting more and more fucked because Fortune 100 own it and have warped it to their own interests. Hence Bernie Sanders. Hence Donald Trump. This shitty system is on its last legs. Like 10 years, if that. Like Huckabee said, Trump should be welcomed. Because if the establishment keep oppressing ideas and candidates like Sanders and Trump, there will be a shooting war in America.
 
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achilles28 said:
It's called the business cycle, my friend. Leverage up > debtload maximum > leverage down. Happened since the dawn of time. The FED should have backstopped all customer deposits and let the insolvent banks fail. That's it. That's how our system should work. Instead, we get zombie banks like Japan, because they own the FED, so they call the shots and bailout their own ass with taxpayer money. We can pretend the fiction they sell us is all legit and above board, but most of it is horseshit.

Check out the new bail-in rule, going forward. Instead of letting banks fail and backstopping depositors, depositors are now on the hook legally for insolvent banks. THe system is getting more and more fucked because Fortune 100 own own it.
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Institutionalized moral hazard...

Meanwhile, in other news we have a baby boomer defending this embedded moral hazard while simultaneously showing support for the Bern...really, you can't make this shit up.
 
der_kommissar said:
Institutionalized moral hazard...

Meanwhile, in other news we have a baby boomer defending this embedded moral hazard while simultaneously showing support for the Bern...really, you can't make this shit up.
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Ya exactly!

We haven't talked about this in a long time - institutionalized moral hazard. Time to buy some bullion again...
 
I would also guess that the end of empires usually are violent. I'm no historian, but looking at the Trump-Sanders divide versus the establishment, I can't see any other outcome.
 
In the meantime, American children are being poisoned in Flint, out vets are homeless and committing suicide in shocking numbers, I can't go a mile without slamming into a pothole, and our schools are teaching kids to be corporate drones with $250,000 in debt.

"...While the millionaire population has been growing throughout the recovery, thanks to a flood of liquidity from central banks and rising markets, the strongest growth has been at the very top of the wealth ladder.

The number of American households worth $25 million or more has grown 73 percent since 2008, compared with growth of 54 percent for millionaire households...."

http://www.cnbc.com/2016/03/07/record-number-of-millionaires-living-in-the-us.html
 
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