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Is this true?
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You are currently reading a thread in /pol/ - Politically Incorrect

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Is this true?
>>
>>67776904
>Break the law
>Get a criminal record
>Don't break the law
>Don't get one
>Still get named and hated by millions and vilified in the media
>>
Dude weed lmao
>>
>>67777177
This. People bitch no one went to jail but can't come up with a crime to charge them with. It was fucked, but who do you charge with what?

Also: TrumpGET
>>
>government bails out banks which just tells investors that any investment they make in a bank is safe because the government will come save them
>this is somehow wallstreet's fault and not the governments
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>>67776904
>>67777177
If you're a kid - under 18, technically - your record is wiped clean once you reach 18. And sometimes prior offenses are officially removed from your record the more time passes if you commit a crime as an adult, but you can find out basically everything with the internet nowadays so yeah.
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>>67777177
>>67777272

>bootlicking this hard

i guess it's easy to act like a bitch when you live like a bitch off your parents.
>>
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>>67777370
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>>67777370
Who do you charge with what crime? Be specific.
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>>67777272
Yes the system is fucked, that's his point you mongoloid.
>>
>Be Bernie Sanders
>Blame BANKERS M80 LMAO when governments subsidize reckless lending, with the clear intent of replacing bubbles with other bubbles
>Tell the people we need more government to fix government problems, and that Wall St. bankers are criminals
>people eat it up

Genius.
>>
>>67776904

If you are a 40 year old man with a criminal record, you can sneak into this country and start over fresh! Clean slate and programs!

Citizens carry their record with them their entire life!
>>
>>67776904
Why is Bernie still going?
Is he hoping time and space will realign and he'll get the Dem nomination?
Or will Hillary be charged and forced out of the race leaving him and only him?

Will a meme election cause Reddit to hang itself?
Will the wall Mexico be heard on the other side of the wall as American's smugly reply "What? I can't hear you. Get a visa legally and tell me in person instead of shouting!"

Find out next week on.. /pol/
>>
By Wall Street he means the Fed right?

We gonna put Greenspan in jail?
>>
Certainly hope not but from my experience on his ride I would not be surprised.
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>>67777601
How do you "fix" it, faggot?
>>
>>67777536
Those Wall Street big bankers, obviously
>>
>>67777964
Who? What does that even mean?
>>
>>67777964
With what crime?
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>>67776904
>Sanders proving once again he doesn't know shit about economics.

Some people broke laws and regulations, they need to be punished, however these bankers and financers did not ruin the economy. Bad policy, political and fes reserve did. The fact that he ignores the environment that caused it only shows that he would be a shit president
>>
>>67777921
Break up the big banks, discourage Wall Street from gambling with our money, take former Wall Street executives out of government, stop predatory loans. Sanders has said he would do all of this.

https://www.youtube.com/watch?v=whlzFWwVv98
>>
>>67778123
That's not the same guy you originally replied to. He's just mocking their rhetoric. Though, he did forget the "bankhersterderterds" part of the rhetoric.
>>
>>67776904
It's hit or miss. If you're young, cops will usually just smash your shit and let you go as long as you are polite, but it depends on where you live and what kind of officer catches you.
>>
>>67778286
Some people, you mean all of Wall Street, AIG, Countrywide, Goldman Sachs and so on. You mean all of these bankers that gave false credit ratings to innocent homebuyers, these people who singlehandedly fucked the economy because of greed, you boot licker. Open a book.
>>
>>67777352
>government is not owned by the banks
>>
>>67776904
>destroyed the economy
Please define what that means.
>>
pandering to niggers and braindead millenials
>>
>What is limited liability

The credit agencies that gave fraudulent ratings should have been held accountable but the left really needs to stop with the big bad executives boogeyman
>>
>>67778311
You really have no clue do you? Sad.
>>
>>67776904
If you're not legally a child but are an 18+ year old kid, sure. Although I got my possession charge expunged within 6 months.
>>
>>67778586
The Big Banks bought the credit agencies, they paid them to say loans had good credit when they didn't. See predatory loaning.
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>>67778204
Greed
>>
>>67776904

But what do you get if you are a politician caught exfiltrating thousands of protectively marked and classified Emails?
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>>67777536
Not paying interests, manipulating rates, off shore bank accounts, tax evasion. Holy shit, are you people fucking blind?
>>
>>67776904
>socialist
>talking about others destroying the economy
ISHYGDDT
>>
>>67778586
Greed will make a man do anything at the expense of others, this is why the Free Market is flawed and needs Regulation.
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>>67778451
>You mean all of these bankers that gave false credit ratings to innocent homebuyers, these people who singlehandedly fucked the economy because of greed, you boot licker. Open a book.

You mean all of those homeowners that that took loans out for houses they obviously could not afford, the people who singlehandedly fucked up the economy because of greed, you boot licker. Open a book.
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>>67778624
I love Trump posting.
>>
>>67777777
>>
>>67777777
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>>67778311
I'd be okay with bringing back Glass-Steagall and not bailing out banks. Other Han that, you can't really do much.

>>67778705
Charge who

With what fucking crime

Be specific you dumb faggot.
>>
>>67778451
>You mean all of these bankers that gave false credit ratings to innocent homebuyers
Sorry, banks and insurance companies don't give credit ratings to borrowers or any securities derived from loans. Credit rating agencies do.
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>>67777272
You can't even blame a real-estate bubble on Wall St. It's retarded.
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>>67777644
> mi name es miguel sanchez
Rape and murder a family
>just be released across the border
>mi namo es roberto hernandez
Welcome sire, have a passport with visa tag. And here is a voter registration car prefilled out for you for democrat.

Im starting to think there are some serious flaws with this illegal immigration and catch and release deportation.
>>
>>67778761
No they COULD afford them, but their interest rates sky rocketed halfway though their payments. How are you going to defy history?

>>67778854
Maybe now, not back then. Look this shit up, those credit agencies were PAID to give false ratings, triple A ratings. This is known.

>>67778899
You can blame it on deregulation, everytime we've deregulated banks and homeloaners, we've had a financial crisis at some point. Greed will make a man do anything for money.
>>
>>67777364
Unless you're charged as an adult, which you can be if you're a minor.

Also your record isn't wiped clean, Government jobs are allowed to see your record if you apply to them.
>>
>>67778451
Everything you said is wrong. Banks don't independently give credit ratings like that, these are done by independent agencies.
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>>67778705
>Not paying interests
what?
>manipulating rates
awful those rating organisations
>off shore bank accounts, tax evasion
awful those tax consultants they hire to skirt around a broken tax system :^)
>>
wealth and power is concentrated more and more on to fewer and fewer people

at some point the system will collapse, we're way the past the point of a peaceful revolution

jail the bankers or not, you won't get the people behind them without violence.

the world will burn soon enough
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>>67778692
Site the specific criminal statute or act that criminalizes "greed" or gtfo you retarded faggot nigger.
>>
>>67778849
>Glass-Steagall
Liberal talking point. It did not cause the crash, some evidence showed it's repeal helped the economy.
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>>67778849
Literally everyone who did it you faggot.
Name the faggot with the cuck face being memed all over this board now.
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>>67776904
Large scale stock market fraud and insider trading takes place and the criminals largely get away with it because of the complexity of the cases and highly paid lawyers. These people are very good at covering their tracks. Example: the LIBOR scandal.

https://en.wikipedia.org/wiki/Libor_scandal
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>>67776904
Break the law, not fair to get a criminal record.
Make a bad financial move, fair to get a criminal record.
Bernie is autistic as fuck.
>>
>>67776904
Yeah sure , tell that to Bernie Madoff.

>inb4 he didn't destroy the economy hur durr

Bernie sanders literally has no hosiery of knowledge of wall street , and if he does , it's hidden from us. This is the person you want in charge of your economy ? Someone who's never had to work until 40? Literally someone with a silver Jew spoon in his mouth ? Jesus Christ , you'd might as well give away your life savings to the niggers because you sure as hell aren't retiring in this life.
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>>67777777

Checkem
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>>67779179
Back then, there were independent agencies but they were bought by the banks basically, the banks gave MASSIVE incentive for them to give good ratings on loans. Then when the government wanted to audit and regulate them, Ben Bernake and his scumbag friends lobbied the shit out of Congress. So the credit agencies gave "great loans", even when they were clearly bad deals. Predatory loaning. It's hard to believe but it happened.
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>>67779080
>No they COULD afford them, but their interest rates sky rocketed halfway though their payments. How are you going to defy history?

the home owners took the risk of not getting a mortgage with a static intrest rate? boo hoo

they obviously could no afford them you dummy, because they defaulted on their loans. if they could then they would have been able to afford them

>get paid 40,000 a year
>get a $500,000 mortgage
>be surprised when you can't pay it
>those big ebil banks for not allowing me to be financially retarded!
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>Work on cannabis farm
>got a visit from the cops last night
>Officers come to check out why the alarm in the facility went off
>One officer armed with ar-15
>let them in the facility to check everything
>Let them inside employee guest house
>Bongs, pipes, and weed all over living room
>Guard-dog which happens to be American Bulldog runs up barking right up to the barrel of ar-15
>officers not perturbed at all by dog or cannabis paraphernalia everywhere
>dog doesn't get shot
>officers tell me to have a good day and I go on with my night
>MFW it was the hard hitting bass of loud nigger music I was listening to that set off the alarm


What a time to be alive
>>
>>67777536

see >>67778705

also iceland dealt with a similar bailout situation and chose to toss the perps all in jail instead.
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>>67779415
Carl?
>>
>>67776904
But what about Democrats that destroy the economy?
> It was after all Bill Clinton insistence to de-regulate for the sake of the proletariat that cuased the crisis after all.
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877322,00.html
>>
>>67779080
>Maybe now, not back then
Both now and then.

>those credit agencies were PAID to give false ratings
Credit rating agencies get paid to rate debt securities. Period. Whether a rating agency overrated a debt security or not is their own problem.

Over here in reality, it was the credit rating agencies risk models that were conceptually flawed so by appearance of the model, MBS's structures seemed to be of very low risk. The primary problem here being an overdependence on mathematical models without a clear understanding of the concept driving the formula - as the saying goes, garbage in, garbage out.
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>>67779617
>there is only one Carl in the universe
>>
>>67779415
>>67779611
WHO

WHO DO YOU CHARGE WITH WHAT CRIME

YEAH IM YELLING AT YOU BECAUSE YOU REFUSE TO USE LOGIC AND ANSWER MY FUCKING QUESTIONS

THE CEO? THE COO? THE CFO? THE STOCKHOLDERS WHO OWN THE COMPANIES? THE LITTLE BANK TELLER LADY WHO GIVES YOU MONEY WHEN YOU WITHDRAW FROM YOUR ACCOUNT? THE NICE LADY YOU TALK TO TO GET A MORTGAGE? THE DUDE WHO DRIVES THE ARMORED CAR?

WHO? WITH WHAT FUCKING CRIME?

GOD DAMN
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>>67777177
first post best post
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>>67778204
Corruption
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>>67779682
>Whether a rating agency overrated a debt security or not is their own problem.
Why would they do this to tens of thousands of people? Keep squirming and defying history.
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>>67779896
also, >>67777777
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>>67779523
What agencies? When were they paid off? The big three are all independent and have been.
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>>67779418
Well gee, the banks mustn't be very good at covering their tracks because they collectively paid tens of billions in fines, fees, and settlements over LIBOR alone.
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>>67779080
The rates skyrocketed and the people borrowing knew they would. Most expected to flip the house anyway.
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>>67779970
All of them, they were all paid to give "great" ratings. They were paid millions. If I offer you unlimited money to kill a Dindu, you would do it, no? This is why deregulation shouldn't happen.
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>>67777177
The banks did break the law in the financial crisis; I'm sorry wagecuck but as per usual, sycophancy is wrong and degenerate.
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>>67779808
>get angry mob to crash into Trump
>mob finishes stampeding and he's dead on the ground
OMG GUYS WHO WHO PERFECTLY LEGAL
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>>67780064
>the people borrowing knew they would lose their homes and go bankrupt.
>they took the loans anyway
>it's the fault of people who need a place to live and not our corrupt government and banks

I'm sorry, you are an idiot. The credit agencies lied to them.
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>>67776904
We need mandatory minimums for white collar crime. This is a fact.
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>>67779907
Why not? The risk models suggested it was low risk activity.

>Keep squirming and defying history
Oh the irony.
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>>67776904
Them gosh darn evil rich folk. Filthy bourgeois.
>>
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>>67780040
>Fines for institutions but nobody went to jail

Time and time again...
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>>67780101
You claim this, but I want you to provide me proof that banks bribed credit agencies in order to receive better ratings on their debt.
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>>67776904
Please someone retweet him to say that the use of scot is triggering, and a microaggression against People of red hair Color.
>>
>>67776904
And if you are a politician that has no chance to win, and ask for donations until the end, the politician gets to keep all that money for himself.

Fuck berniefags
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>>67778481
>government exists to be taken advantage of
>this is the bankers' fault
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>>67778705
Everyone should evade taxes.
>>
>>67780218
>The risk models suggested it was low risk activity.
There are literally e-mails of executives telling each other that they were "shitty deals". Meanwhile, the credit agencies gave the loans Triple A ratings and they were PAID more to do that. The mental gymnastics.

>>67780360
This isn't a debate, you are denying history.

http://www.washingtonsblog.com/2008/10/ratings-agencies-sold-their-soul-joining-wall-street-and-the-government.html
>>
>>67780279
Sorry, employees in any company are protected from the possibility of going to jail over non-violent work-related activity - even if they break the law related to something in their work - with very few exceptions. The company as an entity is liable instead for its employees actions.
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>>67780180
>still refusing to answer the question
This is why no one went to jail, Bernie. No one can answer those questions required to put someone in jail.
>>
>>67778311

>Break up the big banks

Explain this.

>Predatory loans
Predatory loans are almost impossible to do now. Thanks to your liberal bull shit, Bill Clinton's deregulation of Wall Street lead to the 'predatory loans' by S&L banks. These were much 'smaller' banks (break up the banks, right?) which allowed those under sub-prime mortgages take out equity early and open up another line of credit/loan. I'm sure you know how this whole situation went down... fuck I hope so. It's hard to blame this on the banks when you have dip shits coming in KNOWING they cannot afford multiple homes and mortgages. Lol hard money loans man..

>Gambling with our money

I'm not sure what you consider 'gambling'. I'd like more of an explanation here. To my post above, in a bank of 100,000 employees and hundreds of departments, 1 department and 8 employees can be doing something insanely unethical and illogic. However, the other 98% of the bank could be doing good, reputable business.
>>
>>67776904
I hate Bernie Panders
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>>67779573
>not laughingfinns.jpg
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>>67776904
>we need to stop jailing niggers for drug crimes. Thousands of deaths caused by gang warfare and illegal drugs trafficking is a non-violent crime!

>we need to jail more white bankers who did nothing actually illegal, but they have more money than me.

t. Liberals
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>>67780279
>Dec 17 Failed Icelandic bank Glitnir said on Thursday it had got agreement from the central bank to begin paying out billions of dollars owed to creditors since it collapsed in 2008.

>Iceland's financial system crashed during the global financial crisis triggering the imposition capital controls to protect the country's krona currency. These rules have prevented creditors of Iceland's failed banks from recovering money generated from asset sales.

>Paying out the money to creditors will ultimately enable Iceland to lift the capital controls which have stifled investment and prevented the country from rejoining the international financial community.

>"There are two payments, a de minimis payment today and an initial one tomorrow," Maria Agustdottir, who works for Glitnir's resolution committee, said.

>Glitnir had assets of around 981 billion Iceland krona ($7.5 billion) at the end of June. Claims against it totalled 2,260 billion krona.

>The payment marks a watershed in a long running legal battle by creditors to recover some of billions of dollars they had lent to Iceland's banks to finance a decade of expansion across Europe.

>Before the crash, Iceland's major banks' assets were worth around 10 times as much as the country's GDP.

>The government has had to strike a balance between trying to get the country in shape to rejoin the international financial community and ensure that once capital controls are lifted money does not flow out of the country so fast that currency crashes and the economy suffers.

>In October, Iceland's central bank and finance ministry said they had agreed in principle to proposals from the three failed banks on winding down their businesses.

>Fellow lenders Kaupthing and Landsbanki, which also collapsed, have also applied for exemptions from capital controls. ($1 = 130.5000 crowns) (Reporting by Simon Johnson. Editing by Jane Merriman)

Nice meme. Creditors still have to be paid back.
>>
>>67780508
Then you shouldn't drive on the roads, or go to public school, or be in the US.

>>67780698
>Predatory loans are almost impossible to do now.
No fucking shit, we're talking about 2008 you mongoloid.

>However, the other 98% of the bank could be doing good, reputable business.
Yes we're in agreement here, but I'm saying those 8(actually a hundred or so) should have paid their entire earnings and gone to jail. Most of that came from screwing homeowners. The government just let them go and shifted the costs to taxpayers.
>>
>>67780579
>ask for proof
>receive some guy's biased blog in return
I don't know why I expected more from /pol/
>>
>>67781032
The fact that some people steal resources from other people and use it for things doesn't mean jack shit. If the mafia extorted money from myself and my neighbors and used it to build a sidewalk all around my house only to accuse me of consenting when I had to cross the threshold to leave I and any sane person would say that's absurd. But not your precious gubberment. Oh heaven forbid.
>>
>>67781207
>denies history and common sense
You are the definition of /pol/ logic.
>>
>>67780626
>employees in any company are protected from the possibility of going to jail over non-violent work-related activity - even if they break the law related to something in their work

I honestly don't know how you can lie so boldly or be so deluded. You're actually claiming white-collar, non-violent crime can never be punished with jail time?
>>
>>67780579
>There are literally e-mails of executives telling each other that they were "shitty deals".
Yeah, arbitrage is a shitty deal for someone on the other end of it. What's your point? That the actual traders had a better conceptual understanding of the securities they were trading than the ratings agencies?

> they were PAID more to do that
Nope.
>>
>>67779467
>This is the person you want in charge of your economy ? Someone who's never had to work until 40? Literally someone with a silver Jew spoon in his mouth ?

Are you talking about Trump or Sanders here?
>>
>Bubble after bubble created by bail outs and subsidizing failure
>WE NEED MORE GOVERNMENT IN WALL STREET

If the government stops bailing out the losers, predatory lending and bubbles stop forming. The banks knew the housing market was going crash, just as surely as they knew the government would pick up the tab when it did.
>>
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>>67776904
Why are you /pol/acks suck cucks to the Wall St. million/billionaires?

We all know most of them are shitheads and over half are in unethical trading/practices and deserve death.

Looks like this Trump meme has shifted /pol/'s general mentality to get cucked by the rich.

Good job /pol/, keep getting fucked over by Wall St and their shitty practices and MANY of them getting off w/ nearly no consequences.
>>
>>67781315
>The fact that some people steal resources from other people and use it for things doesn't mean jack shit.

Then go live in Africa you mongoloid, meanwhile the grownups will be happy to abide by a system which has made us one of the wealthiest countries on the planet. A system that gives everyone equal opportunity. A system that you have profited from immensely, but go live in Africa if a small tax is too much to pay.
>>
>>67776904
The banks were bailed out by law.
I don't think Bernie understands law.
However law is whatever you want it to be, so you can call anyone criminals as long as you make a law to convict them.
>>
>>67781326
>makes a provenly false claim by saying the agencies were bought
>links to some unknown blog for proof
I initially said some people broke laws, but I asked for proof of your claim that it goes beyond that and the banks bought them out. At least link to the results of the investigation
>>
>>67781678
How about you go live in Africa and leave me the fuck alone Jamal? Seems like the moral burden is on violent niggers like you to put up or shut up and not on the people you want to culturally enrich.
>>
>>67780279
I love this picture, because of how bullshit it is.

Iceland was one of the last countries to recover from the recession, and their recovery only came after they paid out a bailout to international banks.

Also
>bailed out the people and imprisoned the banksets
>opposite of the rest of the world did
The rest of the world imprisoned the people?
>>
>>67781379
In almost every scenario, yes. But this isn't just limited to white collar crime or misconduct either, it also applies to blue collar workers. Again, the company is liable for its employees actions on company time for work-related activity.
>>
>>67781032

>We're talking about 2008

Are you? Because I see an old video from 2008 but a reference to Sanders he'd stop 'all of this'. Figure out what year you're speaking to you fucking shit pig.

>Government let them go and went to taxpayers

So, Peter Schiff (sp?) had a great video around 2010/2011 discussing his views and how the government fucked everyone over in the bailouts. His argument was pretty based to the cucks on Occupy Wall Street
>>
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>>67776904
When you own illegal substances you can be charged with it but unlike with bankers ive never heard of weed related "suicides" and dissapearences....
Dunno about you but id rather be cought with weed...
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>>67779207
Libel Scandal, UK. Banks make 10 billion illegally, get fined 2 billion. 8 billion pounds in profits illegally.

UK government also have changed the ground rule in accounting, bringing the burden of proof on the government rather than the banks.

Would you like specific links?
>>
>>67776904
is this fucking real? he sounds like will smiths retarded son
>>
>>67777177

Everyone knows it's a completely bogus law, versus something that should be a crime against humanity.
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>>67777177
>those poor CEOs! demonized! i feel for you executives!

why are you eating the ass of someone you will never in your entire life be equal to? literally what is the point? you are trash to them and, like donald trump, if it meant they could get ahead in their business or the election, they would not hesitate to throw you, a worthless pleb, under the bus. they don't give a fuck about you, but you continue to lick their boots and defend them. There are wealthy people who are respectable as well, don't get me wrong. But these guys are actually criminals. there's a reason people have singled them out.
>>
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>>67780786
>bankers
>white
Fuck off kike.
>>
>>67776904
And who let them off? Go after Obama you fucking coward
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>>67779418
>libor
>got away
You know quite literally head rolled.
I was in the city when it happened and they made examples of some and they made sure everyone watched...

>http://www.dailymail.co.uk/news/article-2547275/BREAKING-NEWS-Man-30s-dies-plunge-JP-Morgan-headquarters-Canary-Wharf.html
>>
>>67781516
>Nope.
K stick your head in the sand to suit your narrative. This is why you get censored, neckbeard.

>>67781803
Niggers do pay taxes you mongoloid, see, even they understand why. Now off you go, America steals from you all the time, so go live in Africa. Give up everything this country has given you, go on. Better than paying a tax right? Autism.

>>67781724
I can list 10,000 articles and actual documents that say you're wrong. This is common knowledge, get off /pol/
>>67781898
> a reference to Sanders he'd stop 'all of this'
Are you asking for a source to that? He's literally RUNNING on that, go check his website and hundreds of speeches.

https://www.youtube.com/watch?v=MWaY6n0cvfQ

https://berniesanders.com/issues/reforming-wall-street/
>>
>>67776904
Yes, its true people who break the law are punished more harshly than people who just screw up their job.
>>
Bernie is the king of false equivalencies
>>
>>67782603

>asking for a source

No. I explained predatory loans are almost impossible to do now. You said 'no shit, we were talking about 2008' with a reference to Bernie Sanders (2016) saying he'd stop 'predatory loans'.

The construction of your statement was confusing.
>>
>>67782603
So your argument is since I object to people being taxed that I should go somewhere else where people are taxed.

Fucking *BRILLIANT* Tyrone. You are one shining example of truly superior nigger intellect.
>>
>>67782603
>stick your head in the sand to suit your narrative
Coming from the guy who can't retort with facts.
>>
>>67782536
Dude, they made 10 billion and got fined 2. Tell me how that isn't getting away with it.

Also, UK bank audits now have the burden of proof on investigators rather than banks. Can you believe that?
>>
>>67777777
>>
>>67776904
If you're a senator that voted in legislation that allowed the housing bubble to happen you get off scot-free and can use it as a platform
>>
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>>67778705
>Vague as fuck answers
>>
>>67782390
Government is the problem, not rich people. As long as there exists a double standard in society that some people have the right to initiate force against others you're going to see rich people purchase that right to keep themselves rich. It's just a good business plan.

Stop worshipping violent gangs, faggot.
>>
>>67776904
it's called youthful offender

you use and get nothing on your record, same thing with accelerated rehabilitation

the problem with niggers is that they don't just commit one or 2 crimes in their lifetime and they tend to be heinous violent crimes
>>
Kids get their "record" cleaned once they become an adult.
>>
>>67776904
I see Bernie has brought the same hard hitting questions to the legal field as he brought to economics... let's walk through this one Bernie

>weed is illegal

>being a CEO is not

Would you look at that...
>>
>>67782603
>I can list all these articles but won't because of reasons.

Jesus Christ just provide me with proof, I'm not even arguing that people in the industry are completely innocent. All I want is one of your apparent thousand sources. More then just a quick blog post.
>>
>>67776904
Bernie is a faggot but this is true.
Presidents like Barack Obama, Bill Clinton and George Bush all had histories of taking illegal drugs, and none of them ever got in any real trouble for it.

If I, a lower class male aged 29, admitted in an interview that I did blow in college like Obama admitted, had a DUI like George Bush had, and smoked weed like Bill Clinton did, I'd be laughed out of the interview and ineligible to hire. But politicians, celebrities, and executives are a protected class free to break the law all they like with no real consequence.
>>
>>67778311
>Allow "predatory loans" to poor people (read blacks) at a high interest rate to cover the possibility of default
Dey stealing from us! Lawd, it was like dey put a gun to our head and made us skip over tha fine print!
>Outlaw "predatory lending"
Redlining! Dey is raycis! How we gon afford a Lexus fo our famuhley?
>>
>>67776904
Yes. Fiat currency, jew love, female suffrage, and big government involved in the market will do that.
>>
How is Bernie not similar to Hitler?

He's blaming Wallstreet traders for the destruction of the economy, just like Hitler blamed the Jews for destroying the German economy, and both called for their punishment for said accused injustices...
>>
>>67776904
He's right to a degree.

The mega rich are the only one's with true freedom on this planet. Bruce Jenner kills someone drunk under the influence and gets off scott free. Dick Cheyne shoots a man with a shotgun and gets off scott free. A mere mortal says nigger online and gets arrested for it.

People with money and power truly are above the law.
>>
>>67782770
>Africa has taxes
>calls me black.

Top kek, fuck off man, it's retards like you who stop progress just so you can buy more useless shit. Now eat shit and die, since a small tax is too much for civilization.

>>67782751
Got it. The other things I said he would stop are things he has spoken about. I got 2008 and present time mixed up a little bit because we didn't fully regulate what we should have from that time. There is still too much at risk if those banks fail again which is why we need to break them up. And they will fail again if we don't.
>>
>>67782799
The banks were fined not the bankers. Those and other loose ends got tied up.
I dont think you understand that to get away you have to survive. Its simply unrealistic to expect to get everyone in a conspiracy but claiming everyone got off scott free is so demonstably false it hurts.
>>
>>67778675
>predatory lending

The government forced banks to give bad loans because of "muh social justice".
>>
>>67783716
This. It was the end result of legislation that Clinton passed, probably pushed by the banks to begin with.
>>
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>>67783638
>Africa doesn't have taxes
>nigger doesn't know his own culture
t i p p i t y
t o p
>>
>>67777177
>no one has checked this yet
FINE I'LL FUCKING CHECK EM
>>
>>67783638

Breaking up big banks is not necessarily the answer. It's probably best to disallow large banks to have a certain portion of their portfolio/income based on a certain sector or revenue generating sale. I'm not sure what the CDS' provided as a % of portfolio in 2008, but it was obviously enough to cripple all of them. The problem is, if you have smaller banks, they can all fail as well. Then, they have little capital/diversification to hedge their bets. If the large banks never bought up the S&L's in 2005-2006, there still would have been an economic meltdown regardless of the ownership/size.
>>
>>67776904
People act like banks forced people to buy stuff they couldn't afford.

When was the last time you were walking down the street and a limousine pulled up and told you that if you didn't sign off on a mortgage that was way outside of your income based on an interest rate that was low at signing but was allowed to fluctuate to higher rates in later years that they'd shoot you in the kneecaps and rape your family? Never.

The Clinton administration allowed the housing market to bubble and it eventually popped.
I remember watching the news as a teenager back in the 2000s and seeing news reports of people saying "yeah we basically just didn't realize what we were getting into when we signed the mortgage, now the bank repossessed our house and our credit it destroyed. it's the bank's fault, we dindu nuttin"

Interest rates for a while we're really low which was good for potential buyers but instead of applying for higher fixed rates they wanted to roll the dice and opt for the lower rates and then they acted like they got fucked over when the interest rates started skyrocketing
>>
>>67783638
>need to break up banks
Why not just stop giving the government having the power to grant power to the banks?
This is far easier than trying to break up a private industry.
>>
>>67783638
>And they will fail again if we don't.
Ci-fucking-tations needed.

You mean with much higher capital requirements, much better credit portfolios, a transition towards more fees and less lending, the unwinding of proprietary trading, higher revenue and earnings, and the implementation of annual Basel III stress tests?
>>
>>67784183
>taking power away from the government

Bernie Sanders wouldn't allow that.
>>
>>67783651
>bankers have to seek for the maximum profit of banks
>manipulate which benefits the banks and their performance review
>banks get caught, only fined because no legal action whatsoever
>no executives charged with manipulation, everyone dindu nuffin because everyone is involved, pointing fingers at each other

so who do we have to thank for this 'silent retribution'?

>As of August 2015, UBS trader Thomas Alexander William Hayes was the only person convicted in connection with the Libor scandal. In the UK, six bankers accused over Libor were cleared in early 2016.

seriously?
>>
>>67777272
>>67777177

You charge them with fraud or violation of the Sarbanes-Oxley act you fucking retards.
>>
>>67784462
>Sarbanes-Oxley

If you cook the books, sure. But that's rare after Enron and Arthur Anderson.
>>
>>67784462
>them
Who?
>>
>>67776904
poor people with no power = jail
rich people with power = no jail

no shit
>>
>>67777777
>>
>>67784803
Define power.
>>
>>67784653
This

At the end of the day people fucked themselves over by being financially irresponsible, it's just popular to shift blame onto other people, in this case it's the banks

All that banks did is sell the massive amount of debt that people racked up to other banks, and it kept circulating until they started realizing that nobody was going to repay that debt. What the banks did was completely legal, what the people did was retarded
>>
>>67777272

didn't iceland arrest the bankers and nationalize the banks? didn't hitler?
>>
>>67777777
>>
>>67777777
>>
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>>67784941
if you need power to be defined, then you are lost in this world

power, how it works, how it is manipulated, what degrees social, intellectual, wealth, all these forms of power are worth in exchange for eachother at the moment, is the most important thing to know.
>>
>>67785191
I don't know, did they? Who did they arrest and how did they justify it?
>>
>>67777777
>>
>>67785589
Congrats on not answering what you think is a very simple demand of clarifying a key term.
>>
If you're jewish, you can lie as much as you want and people sitll believe you
>>
I just had to go to court and every white hipster faggot had their weed bullshit thrown out.
>>
>>67785191
That Iceland thing isn't true apparently, this is actually the only key issue inhave with Trump, he thinks the bankers did nothing wrong
>>
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>>67785612

https://youtu.be/_-BJgwWx57U

you can find different sauces on youtube if you want.
>>
>>67785612
The bankers arrested in Iceland were guilty of actual fraud and some other stuff. If I recall correctly they were also guilty of money laundering. It wasn't the supposed 'crime' of making loans and buying/selling securities like in the US and most everywhere else.
>>
>>67779500
nice
>>
>>67780161
No they didn't, making bad business decisions isn't a crime. Get over yourself.
>>
>>67785929
>arrest ceos
But those CEOs aren't solely responsible. They aren't gods in the company, they have to answer to the board, and ultimately the stockholders.

Do we arrest the entire board and the stockholders too? I mean, the job of the board is to make money so the stockholders make a profit.
>>
>>67783306
This.
>>
>>67776904
It's about as true as "police are allowed to kill innocent black men anytime they want but when a violent lifelong criminal does it he gets in trouble!"

Sure let it be true so that you can get upset. To add insult to injury I'd say fuck that pot smoking kid he's a retard. At least the exec was an exec regardless of how he got there. If you had believed people are generally born the same or with just a bit of luck in either direction you can't have it both ways by saying these people have an absurdly irrational amount of power and privilege over you. You probably have your own privileges to worry about anyway. Whining about somebody having more is only going to make it worse.
>>
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>>67786221
Sorry, wagecuck, but they did commit crimes and then gave obama millions in order to appoint a DOJ head closely linked to finance in order to sandbang any investigation. Again, sycophancy is pathetic, and just because you suck the dick of your betters, doesn't mean they respect you or will give you anything in return. Witnessing a man succumb to such groveling is pathetic; what a nasty nasty man. Sad!
>>
>>67785907
he's right in the sense that they were only playing by the rules outlined for them by the laws in place (which were very poorly written and outdated)
>>
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>>67783531
Bernie is too weak to actually carry out any of his threats. Also as a jew he is unlikely to actually punish the bankers.
>>
>>67777177
>>67777272
>Shilling for wall street
Dear God what has /pol/ become?
>>
>>67786496
What crimes? List them. I'm assuming you're going to say something retarded like fraud, but in what ways were their activities fraudulent?
>>
If the economy is destroyed where did they get the money to buy drugs?

Checkmate communists
>>
>>67786550
They probably don't know that wall street is literally run by and for Jews.
>>
>>67786550
See
>>67779808
>>67786345
>>
>>67779808
The give the organization a choice to either sacrifice a board member or corporate officer for prosecution or try the entire organization as a single person. Seems fair.The "corporate veil" is fucking bullshit.
>>
>>67784160
>no one forced the startups to make IPOs
>dotcom bubble dindu nuffin

Wonder what you'll be saying when we get hit with the Greatest Recession due to the monetary crisis.

>No one forced people to buy US bonds when FED raised the interests
>No one forced firms to make investments and VCs to spend shittons of available funds on startups that will never make it during the QE

Crisis happens because of stupid fuckers like you. We need a strong fiscal policy, and people who stand in the way should be crushed, people or bankers.
>>
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>>67784458
My god why did we let fucking turks into our country?!
You are so fucking retarded. You can not convict someone who died and a few did by coincidence.
Do you think they will throw their guys to the wolves if there is the possibility they will snitch?

Remember these guys getting off scott free? About to cut a deal because the feds were gonna fuck them so badly they could have just as well moved to sweden?

http://beforeitsnews.com/alternative/2012/12/libor-scandal-grows-as-the-fathers-of-two-mass-murderers-were-to-testify-national-finance-examiner-examiner-com-2516640.html
>>
>>67786827
I charge HUGE fines, next to jailing whomever was directly involved in market manipulation. CEO should step down himself, his career is over.

See: Volkswagen.
>>
Does anyone get arrested for weed anymore? Unless you're a dumb teenager that brings it to school or are in possession of a large amount (like a quarter-pound and up), cops usually don't care most of the time.
>>
>>67785907
They did nothing illegal, they were acting incredibly self-serving irresponsible. If we are going to make that a crime, then we better execute the vast majority of the people in the country already.
>>
>>67776904

Bernie should know, he voted to bail out those Wall St. Execs.
>>
>>67777676
The Bernie People are saying that ALL of the states hillary was expected to win have passed so the states left will all go to Bernie
I'm not making this shit up, i have occupy wall st on fb so i get to see their shit first hand
>>
>>67776904
In Ohio, it's decriminalized as long as you don't have a lot like drug dealer amounts on you, you get a ticket.
>>
>>67787368
stop spitting out bullshit ad hominem and answer what i'm asking you, you dense kraut:

I don't give a single damn if the corporation is handling matters internally. If the suspects died due to possible foul play, then it's a homicide investigation. But THERE IS NO INVESTIGATION YOU STUPID FUCKER, LEARN TO READ. I WANT TO LEARN WHY THERE IS NO INVESTIGATION. I DON'T GIVE A SINGLE SHIT WHAT BIG FINANCE DOES TO HUSH UP SNITCHES.

CAN'T YOU FUCKING READ?

IF THESE PEOPLE ARE GETTING KILLED, WHO IS KILLING THEM? IF THE GOVERNMENT IS NOT KILLING THEM, THEN THEY ARE NOT BEING PUNISHED. INSTEAD, THEIR KILLERS SHOULD BE TRIED AND SENTENCED TO LIFE.

Hope I got my point across to your brain.
>>
>>67776904
Scots aren't free they're caught in England's abomination called UK.
>>
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>>67785726
a term for energy rich (also figuratively)
>X amout of horsepower
>a powerfull bolt of lightning
>a powerfull blow to his ego
>powerfull magnification
or
social capabilities originating from a hierarchy or setting
>too powerfull to challenge in court
>a powerfull ally/enemy
>we felt powerless as he made us watch
>>
>>67788306

The Bernie people were also saying it was OBVIOUS the rust belt industrial States a would go Socialist. All those hard working blue collar workers would clearly want to join the glorious revolution right? Kek.
>>
>>67788536
Using it as a unit of a quantifiable is fine.
Using it as a mysterious unit of a thing that can't be quantified is absurd.
>>
>>67777272
Did Comrade Sanderski vote for the regulatory bills which permitted the economic collapse?

http://www.huffingtonpost.com/entry/bernie-sanders-wall-street_us_5617f634e4b0dbb8000e5a58

was he maybe just tired that day and meant to vote no?
>>
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>>67778286
>>
>>67776904
Bernie madoff got off scot free? Hmm...
>>
>>67776904
Corporations are people. How do you arrest a corporation?
>>
>>67776904
It doesn't matter what Bernie says, because he's a puppet.

The whole election is rigged by Hillary and the powers that be.

Trump is a puppet meant to sabotage the Republican party.

Bernie is one of their greatest achievements to date. They found a way to make money off the rebellious youth through "campaign" donations, and the closer the "election" is, the more money they're going to make.

Even the corporate overlords don't realize Bernie's a plant and the whole thing's rigged, hence we get Soros putting $15 million directly into the "campaign's" bank account.

TIME TO WAKE UP
>>
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>>67788408
>I WANT TO LEARN WHY THERE IS NO INVESTIGATION. I DON'T GIVE A SINGLE SHIT WHAT BIG FINANCE DOES TO HUSH UP SNITCHES.
Wow that is some impressive cognitive dissonance.
>IF THE GOVERNMENT IS NOT KILLING THEM, THEN THEY ARE NOT BEING PUNISHED. INSTEAD, THEIR KILLERS SHOULD BE TRIED AND SENTENCED TO LIFE.
So its about who enacts punishment to you and yes we all get your point.
That said it doesnt make it any less unreasonable and unrealistic and if you so badly want just investigations for every crime why dont you start with the armenians and kurds?
Now stop pretending there were any legal avenues left in the libor investigations that dont want their maids killing their families.
>>
>>67777177
Also, some cunts are still in jail.
Some memes should die.
>>
>>67789269
Corporate Law reform.

Make heads of corporations actually accountable for the actions of their employees. The responsibility lies with them to ensure that their underlings are responsible enough to hire their own responsible underlings, and so on and so forth. Honestly, it's how things should be anyway.
>>
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>>67776904
True.

took 8 years to work out the fines on JP Morgan.

No, sanctions on executives, bonus money for executives for 2008 & 2009.

- 1979 Chrysler bailout, Iacocca approached the United States Congress in 1979, Chrysler was required to reduce costs

- 2009 Chrysler bankruptcy, Because of the Chrysler bankruptcy, Iacocca may lose part of his pension from a supplemental executive retirement plan

- 2008 BMW Auto Bailout, CPFF
- 2008 Caterpillar Inc Bailout, CPFF
- 2008 Chrysler Financial Bailout, CPFF
- 2008 Ford Auto Bailout, CPFF
- 2008 General Electric Bailout, CPFF
- 2008 Genworth Financial Insurance, CPFF
- 2009 GM bankruptcy & Bailout
- 2008 Harley Davidson Bailout, CPFF
- 2008 Hartford Financial Insurance, CPFF
- 2008 McDonalds Bailout, CPFF
- 2008 METLIFE Bailout, CPFF
- 2008 PACCAR Bailout, CPFF
- 2008 Verizon Bailout, CPFF
- 2009 Toyota Bailout, CPFF

- 2009 Wall Street Bailout, Unlimited FED Loans, $800 Billion TARP, $4.4 Trillion QE, And 6 Years of LIRP/ZIRP

In Millions of dollars on data:


https://datahub.io/dataset/fed-once-secret-loan-crisis-data-compiled-by-bloomberg-bailouts
>>
>>67788748
>Using it as a mysterious unit of a thing that can't be quantified is absurd.
Its a figure of speech because we like thinking of our social dynamics as energy conversions.
>>
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>>67789892
Corporate bailout by private federal reserve... global even to portugal, south america, taiwan.

And not just banks.

And maybe stopped urges for war on the USA.

All numbers are millions of dollars.
>>
Summary of this:

>I have to pay back what I borrowed?
>Fuck you, crook!

People are given the opportunity to live in a house, own a reliable vehicle, and have stability for a family yet will throw it away for impulse and irresponsibility, then blame the banks for it.

We're in debt because of our government and people's unwillingness to be a decent person.
>>
>>67790046
They're objectively nothing like them. Let alone not being quantifiable, "power" used like leftists like to use it isn't even qualifiable coherently.
>>
>>67789672
>That said it doesnt make it any less unreasonable and unrealistic and if you so badly want just investigations for every crime why dont you start with the armenians and kurds?
If there was any justice left in Turkey, I wouldn't be wasting my time on an Trump shilling memeboard.
>Now stop pretending there were any legal avenues left in the libor investigations that dont want their maids killing their families.
Thank you.
>>
>>67776904
Washington DC destroyed the economy, Bernie Sanders included. Is he in a jail cell?
>>
>>67777352
The banks control economic policy of the government though. The government should be more strongly regulating the banks.
>>
>>67776904
Then the people who took money from the banks knowing they can't pay it back are also responsible for hurting the economy.
>>
>>67784462
You clearly have no idea what the legal definition of 'fraud' is or what the Sarbanes-Oxley Act requires.
>>
>>67779219
Effects of climate change and TPP will just exacerbate this.
>>
>>67790184
not a bernout but your wallet gets thinner from the day you could afford monthly payments until you get foreclosed. all because of wall st manipulation
>>
>>67784462
Sox only refers to "faithfully" representing your company accurately through its financial statements. No one fucks that up anymore.
>>
>>67789826
Counter-intuitive to increasingly global business practices. Larger companies are necessary to reach several continents with products/services. You want to make a CEO accountable for 1,000+ employees? Not a good idea.

Perhaps better auditing, especially in terms of investigation when fraud has been committed. But personal accountability at that level will never be practical.
>>
>>67776904
yeah, the jews look after their own
>>
>>67790532

But you have control over your own wallet. Interest rates have even been at an all-time low forever. You can't fuck yourself over if you borrow only what you can handle.

So what the hell?
>>
>>67790370
Commercial banks can't do anything without the permission of the government already. Everything a bank does and does not do is with heavy government oversight and directive. When Janet Reno's Department of Justice told commercial banks to issue home loans to low income minorities with poor credit who otherwise wouldn't quality, banks did what they were told. When James A. Johnson told commercial banks to bundle their mortgages and sell it to the government enterprise he led, Fannie Mae, they did it.

You're blaming banks for doing exactly what Washington DC demanded they do.
>>
>>67790532
And QE was intended to lower money velocity.

Here it is:

Working Paper No. 442
The impact of QE on the UK economy —
some supportive monetarist arithmetic
Jonathan Bridges
(1)
and Ryland Thomas
Check money velocity


http://research.stlouisfed.org/fred2/series/M1V (Top was 2007 Q4 at 10.7, now down to 6.3)
http://research.stlouisfed.org/fred2/series/M2V (Top was 1997 Q3 at 2.2, now down to 1.5)
http://research.stlouisfed.org/fred2/series/MZMV (Top was 1981 Q1 at 3.5, now down to 1.4)
http://research.stlouisfed.org/fred2/series/Mult (Top was January 1987)
>>
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i got caught with weed and the popo made me dump my dime bag in a river. they let me keep my grinder and rolling papers thought, i shouldnt have been blazing in a public park anyways

>justcanadathings
>>
>>67776904
It's such a veiled statement.
The Democrats, namely Clinton in the 90's pushed a bill forcing banks to give home loans to minorities or be sused and so other shit. Equal housing.

These people had no credit or shit credit. So they could only get shit loans. They were interest only loans. So they had low payments for the first 10 years or so, paying only the interest. When that stopped and the equity payments started, they couldn't afford it, and had no equity in their homes due to only paying the interest.

People on Wall st. Saw this underlying problem and bet against the housing market, because they saw what was going on. They were right.

When all was done the Democrats got billions from banks and lenders. Guess where it went? To liberal focused groups like la raza, look it up.

Bernie is giving a one-sided answer without information to his base that just grumbles about wall st. Without knowing what really happened due to democrat policies.

Now Democrats are pushing a pay per mile tax on everyone. They want to install trackers in every car. The only thing keeping it from pushing are thE Republicans in Congress. Democrats just seek out to destroy you.
>>
What I don't understand is bailing out banks is doing satan's work, but bailing out GM is perfectly fine
>>
>>67790184
low gdp for 10 years a record breaker.
>>
>>67777177
>Still blatantly wealthy
>Still gonna make the same fucking mistakes
>>
>getting caught with pot
>being 14
>this is an important issue regarding America
>>
>>67787629
>were acting incredibly self-serving irresponsible
What is gross misconduct?
>>
>>67776904
just die already Bernie
>then feel the burn
>>
>>67777177
>>67777272
They broke the law, like really really broke the law.
>>
>>67777177
>the law is the arbiter of morality
>>
>>67790770
Credit default swaps allowed investment banks to profit or take a loss on subprime mortgage default, but it is not why the subprime mortgage defaults existed in the first place. That was a direct result of government policy dictating banks make loans to people who would default. This was the cause of the crisis, a spike in foreclosures, resulting loss of real estate values as banks try to sell foreclosed property, and more foreclosures as people who recently purchased homes realized they owed far more than the house was now worth.

That investment banks were able to bet on the future of those loans was secondary.
>>
>>67777777
>>
>>67790184
Shadow stats
Chapwood index
>>
>>67776904
No. You'll also get a huge, tax-payer paid, bonus. Watch 'Inside Job'. It will either rustle your jimmies, or motivate to become a bankster.
>>
>>67790184
Chapwood.

Remember the TPTB and central bank work to create inflation.
>>
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>>67790184
not sure if the previous charts are clear.
>>
>drug is illegal
>kid (the cut off age for kid is now mid 20s) does drug anyway
>gets caught
>HOW DARE YOU CHARGE HIM
>>
>>67790964

QE has done nothing to improve what needs improving.

few economies are growing, emerging markets are drowning in their own corporate debt.

keynesians should be put on suicide watch, desupai.
>>
>>67791416
Which one?
>>
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>>67779808
Chill down Moshe, no one will take your shekels.
>>
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>>67791806
>breathing is illegal
>kid breathes anyway
>gets caught
>HOW DARE YOU CHARGE HIM
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>>67791982
>breathing is the same as doing drugs
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>>67790233
Well it depends but yes you are mostly right its not objectively quantifyable but the enlightenment was not literally brighterbut used as a figure of speech.
Take a warlord for example. He is as "powerfull" as:
>the amount of men he leads
>the training, moral and equiptment they have
>the amount of supplies he can provide
>the strategy he employs in and outside of battle
>the allies he can amass
>and the area he can control and deny

Sure we arent gonna quantify that in joule but each attribute can technically be quantified to a certain extent i.e. one can have half as many men but still be "ten times" as good of a commander.
You still are objectively a better strategist despite it not beeing quantifyable.
So because power in a social dynamic is always relative apologists left and right will always use it because they can not be expected to back up their claim.
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>>67790576
>>67784653
>>67784671
>>67790500


Just for one example Citigroup executives received warnings through their due diligence department that many of their mortgage backed instruments were fraudulent or worse than advertised. They signed their Sox statements anyway. This is a violation.

Anyway the whole point is you start an investigation which the government never did in any serious manner after they failed to convict those Bear Sterns traders. You go to the due diligence departments and charge people there and then get those people to rat on their bosses and move up the chain. What the banks did was illegal, which is that they bought up mortgages many which were no income no assets and intentionally ignored due diligence standards so they could repackage and sell them while falsely advertising their security.

I know this sounds crazy but just because nobody was charged with a crime doesn't mean crime didn't occur.
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>>67792058
>misses the point entirely, which is that something being illegal means absolutely nothing morally
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>>67790350
I wish it weren´t so but doesn´t everyone under the boot?
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>>67777370
>we should re-do nuremberg and charge people with crimes that didn't exist so we can hit them with something
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>>67791228

I don't know about GM but the banks are pretty much gambling with debts, when shit goes down the government use taxpayer's money to bail them out because these banks are deemed to big too fail. This is why Bernie is talking about breaking up the big banks the average murikkkan citizen won't have to bail them out again. Even Shilary is pretending that she will do the same, even though she got paid a 6 figure sum just for a speech. The transcripts of those speeches are still not known to the public
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>>67776904
only if your jewish
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>>67790770
>>67791534
>>67791544
>>67791656
>>67791756

I'll read over it and educate myself I suppose.
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>>67792180
>I shouldn't have to follow laws that I don't like
I'm not surprised the tripfag is retarded
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>>67777777

where u at
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>>67791138
Counter Intelligence Operations
1913 Federal Reserve Act
1971 - Nixon Shock,
1974 - Federal Energy Administration Act of 1974 (R. Nixon)
1978 - Bankruptcy Reform Act of 1978,
1980 - The Depository Institutions Deregulation and Monetary Control Act (followed by S&L Crisis, 5000 convictions, RTC)
1980 - CIA Director becomes US VICE President,
1981 - Executive Order 12287, (R. Reagan, removed price controls on Petrol)
1982 - Garn-St. Germain Depository Institutions Act
1984 - Caribbean Basin Initiative
1985 - Iran Contra Affair,
1992 - Energy Policy Act (H.W. Bush)
1994 - NAFTA,
1996 - Energy Deregulation (W. Clinton, followed by ENRON Scandal)
1996 - Telecommunications Act (W. Clinton, cross ownership)
1998 - Citicorp & Travelers Insurance Merger
1999 - Gramm–Leach–Bliley Act (Phil Gramm, W. Clinton, followed by 2008 Financial Crisis)
1999 - bombing Kosovo (W. Clinton, over 60 days)
2000 - Commodity Futures Modernization Act of 2000 (P. Gramm, W. Clinton, derivatives)
2002 - McCain–Feingold Act (G.W. Bush, soft money unlimited)
2003 - Govt Refuses to Collect Data on Cost of War for Iraqis
2005 - Energy Policy Act (G.W. Bush, subsidies, excluded clean air Water acts)
2005 - Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA).
2005 - CAFTA-DR Ratified, 2006
2005 - US Military Spending Exponential by any measure
2005 - US Housing Market Bubble Tops out in October
2008 - After Presidential Election Financial Crisis is Declared out of the Blue
2008 - 2015 Global Financial Crisis, no Formal Apology to Europe for selling Toxic Assets to their Investors
2009 - 2014 Continuing Resolutions in which Congress gives up Budget Powers
2009 - 2012 Hillary Clinton Email Secret Server
2010 - Citizens United v. Federal Election Commission (money is free speech for corps)
2011 - US combat in Libya (B Obama, over 60 days)
2014 - lift ban on crude oil exports (B Obama, Commodities Deregulation)
2015 - Openly Secret TPP & TAP Treaties,
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>>67792070
I don't think power is coherent term. It can't be qualified in terms of any concretes. You can say "someone has power", but you really can't explain what that means in a way that doesn't open it up to absurdities, such as either inanimate matter ultimately "having power".

It's the same issue I take with the term "community" - nobody can tell me what that means without resorting to ambiguities, yet it's at the crux of so many people's arguments, like you note that people use in regard to power.
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