In The News...

vharrison

Island Girl
Joined
Mar 22, 2005
Messages
7,540
Location
MARATHON, FL
It is the old South corruption at its finest. It was like reading a murder mystery that put you on the edge of your seat, except sickening because it was real life.
 

Nutball

TreeHouser
Joined
Apr 4, 2015
Messages
3,359
Location
Mt. Juliet, TN
It is the old South corruption at its finest. It was like reading a murder mystery that put you on the edge of your seat, except sickening because it was real life.
In my opinion it should be sickening whether real or not. I was pleasantly surprised one day to see an Alfred Hitchcock Presents episode where someone didn't die, and it was very enjoyable. Some guy gambled away his money, and his wife did similar with their savings, so they guy risked someone else's money, who suspected him of doing such, to try to win his own back. I had no idea how it would end.
 

pigwot

M's, Juniper's, Lowen’s, and Inge’s Grandpa
Joined
Mar 9, 2007
Messages
2,449
Location
Delaware, East Coast, USA
Banks failing. Why do we suffer the downside of risky bank investments instead of the banks?

“Once SVB began to falter, financial industry executives and investors again began clamoring for government help. In the short term, the government may indeed need to step in to avoid a spreading crisis. But the less immediate questions may be uncomfortable for the bankers: How can the people who caused this crisis bear financial responsibility for it? And how can the U.S. economy end this cycle of booms that benefit banks and busts that hurt everyone else?”
 

BlackSmith

Uncivil
Joined
Mar 6, 2005
Messages
8,649
Location
Upnya WV
More like runaway interest rates due to inflation. You can’t just print and piss away trillions of dollars without ill affects but that’s probably Russian disinformation.
 
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Tree09

Treehouser
Joined
Feb 28, 2017
Messages
10,330
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Peoria il
I'm not sure you understand cause and effect, they raised interest rates to attempt to control inflation, which you will next argue that was caused by the democrats because they gave money to normal people and not just the corporations (trickle down and all). Trump kept rates low during "the best economy ever," which is yet another example of why the right sucks even with fiscal policy. His tax cuts didn't help either, 2 trillion there. The fact is that after 2 years of not going full throttle most companies are not giving a damn at all about inflation and are moving forward with all sorts of investments, which is why everything under the sun costs a ton anymore. The banks in question, despite having the entire fake capitalistic economy set up for them to make tons of money with almost no risk, made some horrible leveraged bets and are now of course insolvent. Who could have guessed that crypto currency based on some dudes dog wasn't the next Google? :lol: The fact remains that crippling consumer agencies that keep this shit in check is a really dumb thing to do, and it's also pretty much the rights entire platform. Less regulation getting in the way of business and all. But you distilled it down to them being "woke."
 

Raj

TreeHouser
Joined
Oct 26, 2013
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7,741
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Brantford, Ontario
We had Harper enact economic policies back in 2008 that insulated Canada, sadly we don't have him any more. We be frigged now.
 

BlackSmith

Uncivil
Joined
Mar 6, 2005
Messages
8,649
Location
Upnya WV
Everything is going according to the plan, the Cloward-Piven plan. The left/communists are infatuated with it and these self proclaimed intelligent sheep are taking it hook line and sinker thinking it’s social justice. Funny and sad to watch.
 
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Tree09

Treehouser
Joined
Feb 28, 2017
Messages
10,330
Location
Peoria il
Imminently more qualified than moRon, your new horse since they are gonna lock your other guy in prison.
 

lxskllr

Treehouser
Joined
Jul 21, 2019
Messages
10,494
Location
MD USA
There's something amusing about protecting a spider by killing it and putting it in a jar :^P
 
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