A bubble that had been in motion since the end of WWII?
Yeah… That’s it.
just… lol
And… You’re under the impression that separate companies couldn’t just be set up to accomplish these same “schemes”?
That’s not avoiding the “discussion”. That’s breaking it down so a child can understand it. Surprise surprise that you don’t get it.
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No. Does it make a difference to the point?
He’s a commie so it’s okay for him to plagiarize.
Proof that the bubble was set in motion since the end of WWII and that Glass-Stegall didn’t help to prevent it from happening.
And… You’re under the impression that separate companies couldn’t just be set up to accomplish these same “schemes”? Not nearly as easy. Is it your impression that this can not make a difference?
So you have absolutely no idea what happened then?
okay. Sure I’m not surprised in the slightest, but that’s okay…
lol, you have no idea what you’re talking about. It’s hilarious. Like when you just tried to say weight gain wasn’t calories in vs calories out.
Ultimately GS being in place or not wasn’t going to prevent the meltdown, and if you had the slightest idea of why it happened, and any intellectual honesty about the situation at all, you’d understand this.
Fact of the matter is that the Fed, the Government, the people who signed for the mortgages, the people who wrote them and the insurance companies taking on too much of the debt all had equal hands in the issue. It was a perfect storm that was going to happen with or without your magically unicorn government regulations you so desperately desire.
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I never said that weight gain wasn’t calories in vs. calories out. I just said that it is the type of food that was more of the culprit. And for you to not give that any thought just goes to show how ignorant you are on diet. Much like your indoctrinated view on economics and politics. Do you even read any of the diet-related articles on here or any other alternative website?
Yes there is a lot of blame to go around on the mortgage fraud issue. But your argument that GS couldn’t have prevented it 100% falls flat. It helped to prevent such an issue the entire time it was in place. So your argument is, well since it isn’t full-proof let’s just make it easier for fraud to happen. Just goes to show how much of the Kool-Aid you’ve drank.
No, actually it’s not. One can lose weight eating nothing but Ice Cream and KitKat bars. If the calories in, regardless of source, are less than the calories expended, regardless of activity, the person will eventually lose weight. This is basic and fundamental biology.
That a bunch of people worried about their bodies and over all health obsess about the minutia (largely because they already fully grasp the whole intake vs expenditure fact) does not mean the barebone, essential and basic biological fact that calories in vs calories out determines weight gain and loss is no longer true.
That wasn’t my claim at all, but keep building this strawman…
100% conjecture based 100% on circumstantial evidence at best, loose correlation at worst.
No, that isn’t what I said at all, but your strawman is quite impressive.
You literally have no clue how to run a business or how easy it would be to set up a new one to do just the evil things you think GS would stop… THAT is my point. My point IS that the meltdown was happening, with or without GS. AIG was getting bailed out with or without GS. People who can’t do basic math that signed the mortgages were getting foreclosed on with or without GS. The entire bubble is such an absurd conflated mess of cronyism (of both parties) and “well intentioned” legislation that pushed people into doing the stupid, combined with so many people who can’t do math or read history signing for things they didn’t take the time to understand…
This can be traced back as far as LBJ directly, and FDR indirectly. It’s literally asinine to think some silly separation of investments would have (or worst yet, did) prevent that.
I bet you hear the term “foreign blocker corp” and your head explodes too…
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Speaking of people who can’t do basic math, what of all those whose business it is to determine the ability of borrowers to pay back the loans approved? And GS helped to prevent the meltdown for about 70-80 years. Is this just a coincidence that less than 10 years later everything blew up?? To you yes it is.
Proof the meltdown of such proportion was happening.
Yes people can loose weight by eating nothing but junk. But to suggest that particular calories don’t matter just shows that your ignorance is of epic proportions. The effects of junk food in terms of weight gain and overall poor health is well documented to the chagrin of the food giants and to people like yourself as it undermines your ideology of worshipping the “free market”.
Do you deny that junk food can make one gain weight and help to destroy their health vs. the same caloric intake as whole foods? With exercise remaining the same.
Not a counter to what I posted.
I clearly stated the people writing the loans had a hand in it.
Sigh…
Coincidence that the bubble finally popped? No, not at all. It was the result of a bunch of factors. A “perfect storm” if you will. No coincidence at all.
Ummm, a basic understanding of what happened is proof of it going to happen. Holy shit dude.
*lose
When we’re talking about gaining vs losing weight the “particular calories” don’t matter. And that is what I was talking about, poor people being FAT. Which means poor people, for the first time in human history, have such ample access to calories that they are FAT rather than, you know, starving to death like poor people had in every civilization since inception prior to evil capitalism…
WTF are you even talking about here? Did you just slam so many talking points in with terms you loosely know the meaning to on purpose to try and make a point, or is it just babble?
It doesn’t matter what the source is, weight gain is determined by calories in vs calories out. Period. Full stop. End of your alternative reality.
Look I get it. The fact that poor people in America are richer than even the richest people were 3-500 years ago shoots a huge unexplainable hole in your anti-capitalist bias. I get it man. I really do. But trying to loosely jam in some alternative horse shit about calorie source doesn’t help. Because even if you were 100% correct that source is more important than total calories, it STILL proves my point.
And that point is: poor people under this evil system have access to more calories than they need based on activity levels, which means they are better off than any group of poor people the world has ever known in human history.
Regardless of the effects of employment the minimum wage doesn’t address the real issue its proponents are wanting. They will still have all the same problems as before the wage increase, what is their next plan?
I’m going to ignore that the article you posted is written by an opinion piece writer and that every shred of evidence is from a democratic group, for the moment. None of that proves anything other than Walmart has a lot of people in need of government assistance. They employ over 2 million people… Like I stated before, what are these people’s situations? What is there family situation? Did they have multiple children out of wedlock? What do they do for Walmart? How old is the average age of Walmart employees on government assistance? Level of education? Please provide that info for me if you can provide it. (Good luck)
Let me ask you something… What is the magical minimum number to force a company to pay an employee? Then, does everyone get a raise if the bottom person gets a raise? That would only be fair right, otherwise why would anyone work hard to get ahead. Also, is it Walmart’s job to raise someone’s wage because they may have made poor life choices?
Lastly and most importantly, does someone need to lose their job or have hours cut for others to get a raise?
Lol, ya, I understand this. Our friend here does not.
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I worked at a company where this was actually part of the collective bargaining agreement.
To give someone a .25c/hr raise would cost the company over 50k/year.
A researched perspective, Minimum Wage Study: Effects of Seattle wage hike modest, may be overshadowed by strong economy | UW News
Do you think this supports your position?