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Re: Ball so Hard.
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The fact that some people will lose their jobs is not in question. But your extreme focus on this while proposing either lying to these people or forcing outmoded jobs on industries as a way to placate a few voters is just plain stupid. Did it help win this election? Sure. People are stupid. Is it a plan that will help any of these people or this country for more than an extremely short time period? Why am I asking this? You know the answer already. Quote:
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It may not be a feasible option for the coal miner who spent 40 years digging. But training people who live in coal country to work in geothermal energy or whatever because the coal miner's representatives were able to secure a plant within that community means that community has jobs going forward and doesn't die. And even though the guy who spent his life mining coal may not catch on, his little brother, son, daughter, niece, whatever would. Quote:
TM |
Re: Ball so Hard.
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You need to go back and study the causes of the 2007 crash. Smaller community banks couldn't sell, package, and buy bullshit mortgages to sell for a quick profit to investment banks fast enough. TM |
Re: Ball so Hard.
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On top of that, there is a big tendency in the market right now that is very dangerous. There are a lot of community banks looking to bulk up for sale, and they're ready to do all kinds of loans, not caring about what happens because they're going to offload them, show a spike in lending, and then exit. This is the next crisis brewing, and its brewing in the small banks. Most of the biggest banks have hit the point where it is hard for them to do acquisitions, they just already have too much market share. So there are a bunch of banks in the $10+ billion range out there getting financing to bulk up by buying smaller banks, hoping to be the next big bank. |
Re: Ball so Hard.
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Re: Ball so Hard.
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As to TM's point on flipping, he's right - completely - that community banks pumped out mountains of garbage pre-2008. But that sort of thing can be stopped with the regs we put in place regarding loans to be flipped, while relaxing regs on loans to be held by those community banks. The answer isn't blanket reg enhancement or relaxation, but selective smarter regulation. |
Re: Ball so Hard.
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As to the other 80%, the options I see are: 1. Fuck the obsoletes; let the market do what it will to them; or, 2. Guaranteed income The problem with #1 is, they vote, as you've seen. |
Ryan Secreast Can Announce the Winner
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Re: Ball so Hard.
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Re: Ball so Hard.
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Today's Daily Dose is a tasty slab of funk from Jean Knight. "Do Me": https://www.youtube.com/watch?v=hwJH6SepXCQ |
Re: Ball so Hard.
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Re: Ball so Hard.
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- H. Simpson |
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Re: I used to be disgusted, and now I try to be amused.
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Re: I used to be disgusted, and now I try to be amused.
"Hillary will be more warlike" : https://www.washingtonpost.com/polit...=.663a2389fe68
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