yea they
ed up, and so did the govt and banks.
1989
Well-Known Member
Money will always move to better opportunities. The market has been that opportunity for a long time.yea they
what are you trying to say? pro free markets?
if the govt didnt do anything, then we wouldve had a depression. but they shouldnt have bailed out the banks.
in part they shouldve reregulated the banks, wiped off bad mortgages for the people, created public banks.
1989
Well-Known Member
There’s no money in stagnation. The money is always in the bull and bear markets. Let freedom ring.
markets arent as efficient as you make them out to be
capitalism by itself drives towards monopoly
its unrealistic to think that govt would have left it to free markets anyways; the economy has never worked that way.
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1989
Well-Known Member
We have plenty of credit unions. So now you want to undo people’s contractual obligations. That is a poor president to establish. The banks should be paying mucho interest on their bailout money.
credit unions are not the same thing. and you have only 1 public bank which has performed amazingly.
Lots of banks did well and didn't take any bailout money.
I was pleased to see Warren Buffet grab Goldman Sachs by the short hairs.
Brownslave688
You want a toe? I can get you a toe.
We would have had a deeper cut and a quicker recovery.
They should have let the mega banks fail. There were plenty of regional and smaller banks that could have taken over the pieces
no we recovered quicker bc of govt intervention. im not saying what the govt did was right.
i agree about letting the big banks fail, but im not sure about the second part.
we shouldve all grabbed goldman by the short hairs.
He made them pay.
1989
Well-Known Member
It didn’t go low enough. But wfc, bac, and LVS did.
Yes, more buying opportunities!holy
MOREEEEEEEE MOREEEEEEEE!!!!!!!!!!
That’s not exactly true. The market is spooked by the Fed and their return to raising interest rates and the specter of inflation.
These are the same two things that the administration was warned about before the tax cuts...you know, the ones that aren’t paying for themselves.
Federal revenue is way up.
So is the debt.
Democrat spending.
