Yes, have a grasp of it. Spend too much, can't pay bills, go bankrupt.
Who's side ya on?
- Thread starter EverybodyLovesMike
- Start date
Yes you are. Tell me where these slogans are being broadcasted? Are they putting them on billboards?
the major news networks gleefully repeat whatever the govt says.
And what would that be? Only one news network is supportive of the current government. But again, what are these slogans we're supposed to be hearing/seeing?
dude all of the news networks were in favor of all the things i just listed. unanimously in favor. makes you wonder...
does the lender bear risk?
What things did you list?
uhhhhhh hahaha
Absolutely. You think the government automatically bails out banks. Have you ever heard of bank examiners? Government auditors who come in on a regular basis to examine a bank's accounting records and if they find irregularities that bank is shut down. And depending on the irregularity the bank staff can be charged with crimes. You think that this is all some wink-and-a-nod good old boy network that takes care of their own but in fact they are very serious about protecting the integrity of the banking syatem.
yea actually the govt automatically bails out well connected banks. nobody is charged with crimes anymore. the business model is fraud.
but back to debts are you aware of debt jubilees since youre aware lender bears risk?
EverybodyLovesMike
No, my name isnt mike
They say us union guys are liberal. This debunks that.
Explain it to me.
the banks knowingly made illegal loans and they knew they would go under but they did it anyways because they would get bailed out.
the best way to rob a bank is to run one.
debt jubilees is a big debt write off. michael hudson has covered it and its happened throughout history. otherwise the debts get too big for everyone and the economy is really bad.
You may have a point there. Wear a hat.
i have a public enemy hat
the creditors always want to be repaid but its destructive to keep building up the debts
fishtm2001
Well-Known Member
"In the latest pay-related controversy to hit the agency, Lieutenant Mark J. Lombardi, a 27-year veteran of the force, allegedly scheduled himself for a lucrative assignment without authorization and without going through proper channels internally.
Lombardi made $297,252 last year, the fourth-highest pay total in the department, including $38,885 in overtime pay and $112,321 in detail and “other” pay."
That's nice.
Boston Globe
Lombardi made $297,252 last year, the fourth-highest pay total in the department, including $38,885 in overtime pay and $112,321 in detail and “other” pay."
That's nice.
Boston Globe
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