The Capitalists Will Sell Us the Rope with Which We Will Hang

[zdreg]

What about the people who lose your life savings were it not for a government backstop?

Maybe the government should backstop people who buy IPOs but don't bother to read the prospectus.

 

[Frederick Foresight]

Maybe the government should backstop people who buy IPOs but don't bother to read the prospectus.

People who put their savings in a bank for safekeeping and interest income should not normally be compared to ignorant speculators. Did I really have to tell you that?

 

[The_Krakenite]

 

[notagain]

Warren Buffet should help merge the regional banks, helping them to "cut the overhead".
That would be an example of how to fix gov't. "cut the overhead".

 

[Frederick Foresight]

View attachment 309448

Yeah, but Uncle Milty was an asshole.

 

[Tokenz]

Don’t look at it in terms of pennies. your allowance will likely fit in a few hundred dollar bills.

You're right, my allowance from gains will fit in those, while the rest of my allowance will be put right back into the market for more allowances. Very smart man you are

 

[piezoe]

Your deposits are safe in regulated American Banks whether or not the bank itself is solvent.

 

[newwurldmn]

Spoken like my 9yo.

You're right, my allowance from gains will fit in those, while the rest of my allowance will be put right back into the market for more allowances. Very smart man you are

 

[Tokenz]

Spoken like my 9yo.

Who said you should reproduce?

 

[newwurldmn]

Who said you should reproduce?

Not a problem for you. Socks can’t get pregnant.