US Presidential Elections 2012 (4 Viewers)

[Dostoevsky]

Let all large banks who deserve to fail... fail... to curtail speculation
Stop any Quantitative Easing nonsense
Let deflation run its course to clear all outstanding debt in the system

Sadly, this is never going to happen.

- There will be more too big to fail banks
- More QE
- Finance debt with more debt

That's more likely the future case.. not so surprising, though.

 

Buy on AliExpress.com

[Nzoric]

Damn niggers..

 

[ALC]

Damn niggers..

Rather be a nigger than a bitch, bitch.

 

[Hust]

Sadly, this is never going to happen.

- There will be more too big to fail banks
- More QE
- Finance debt with more debt

That's more likely the future case.. not so surprising, though.

No offense to the industries that are close to failing, but bankruptcy isn't always a bad thing. Sometimes cleaning house is the best thing for a company.

 

[Nzoric]

 

[Hust]

Rather be a nigger than a bitch, bitch.

Why you gotta be starting fires, skank?

 

[Nzoric]

Rather be a nigger than a bitch, bitch.

Rather be a bitch than a Mexican, jajajajaja

 

[Hust]

Can't watch it at work.

 

[Nzoric]

Can't watch it at work.

That's too bad, it's a very good clip.

 

[Dostoevsky]

No offense to the industries that are close to failing, but bankruptcy isn't always a bad thing. Sometimes cleaning house is the best thing for a company.

Better to let 'em go bankrupt then to finance debt with more debt so they can create more debt. Too big to fail is the most fucked up thing ever.

 

[ALC]

Why you gotta be starting fires, skank?

I wasn't even talking to you, man.

Rather be a bitch than a Mexican, jajajajaja

Well, you should be happy because you are.

 

[Hust]

That's too bad, it's a very good clip.

I'm sensing sarcasm.

Beep...beeeep...BEEPPPPPPP

---------- Post added 08.09.2012 at 11:06 ----------

Better to let 'em go bankrupt then to finance debt with more debt so they can create more debt. Too big to fail is the most fucked up thing ever.

I wasn't a fan of the auto bailout here. I blame GM for producing shit cars for a long time that weren't good for the long run, as in practical and more efficient for raising gas prices. Make big cars for people that can afford them, I suppose. I just think their business model wasn't smart. Sure we saved jobs, but GM still is sucking ass at the moment.

But yet, its like taking out a credit card to pay off another credit card.

Owning a business is a risk that falls on the owners, not the tax payers.

---------- Post added 08.09.2012 at 11:07 ----------

I wasn't even talking to you, man.

Don't care, homie.

Don't care.

 

[ZoSo]

I wasn't a fan of the auto bailout here. I blame GM for producing shit cars for a long time that weren't good for the long run, as in practical and more efficient for raising gas prices. Make big cars for people that can afford them, I suppose. I just think their business model wasn't smart. Sure we saved jobs, but GM still is sucking ass at the moment.

But yet, its like taking out a credit card to pay off another credit card.

Owning a business is a risk that falls on the owners, not the tax payers.

Debt isn't really much of a problem itself, as long as the money is used wisely to generate profits.

 

[Hust]

Debt isn't really much of a problem itself, as long as the money is used wisely to generate profits.

Which in this case (auto-bailout) isn't really doing much of anything in a sluggish economy.

---------- Post added 08.09.2012 at 11:31 ----------

:edit:

http://www.solyndra.com/


Case closed.

 

[ZoSo]

What does solar power have to with that?

 

[Dostoevsky]

Debt isn't really much of a problem itself, as long as the money is used wisely to generate profits.

Not even dealing with drugs can save 15 trillion debt of the US. Debt itself to recover the economy didn't work for the past 30 years, it won't work now.

 

[ZoSo]

I meant that more on a smaller scale, for Australia it's mostly okay but yeah for the US it's not. But the thing is there's like a 99.9999% chance the US will never pay that all back so it doesn't really matter anyway. 40-50% of the debt is owned by other countries...

 

[Dostoevsky]

I meant that more on a smaller scale, for Australia it's mostly okay but yeah for the US it's not. But the thing is there's like a 99.9999% chance the US will never pay that all back so it doesn't really matter anyway. 40-50% of the debt is owned by other countries...

It kinda does and that's the point, I'm not a fan of whole debt forgiveness. I think that sort of attitude (of them) is wrong.

 

[ZoSo]

But the US runs by debt. It just doesn't make sense for a country of that size to suddenly change the way it operates (and it would probably be impossible anyway, or would take a very long time. Obviously the amount of being owed per year (not net) could reduce but there isn't really any other way than to run on debt.

 

[Hust]

We won't pay it back if Obama is reelected.

---------- Post added 08.09.2012 at 11:51 ----------

What does solar power have to with that?

Increasing debt in giving federal funding to failed companies like the one I posted.