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Aaaand Greenspan ***** us again!Follow

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#27 Oct 24 2008 at 2:21 PM Rating: Excellent
Samira
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P.S. Calling people "doofus" is immature and makes you look like an internet bully (which probably means you are not very tough and were picked on in high school and you found somewhere to vent your frustration about it.


Or it could just mean that you're a doofus.

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#28REDACTED, Posted: Oct 24 2008 at 2:31 PM, Rating: Sub-Default, (Expand Post) I know you are, but what am I?
#29gbaji, Posted: Oct 24 2008 at 2:42 PM, Rating: Sub-Default, (Expand Post) Here's a concept! How about comparing the platforms of the two candidates and voting based on which one you think is better. Voting for one by only looking at the other and declaring it bad is madness. What if the guy your voting for is worse? Isn't your process kinda missing something? I think so...
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#30 Oct 24 2008 at 2:52 PM Rating: Good
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gbaji,

you don't need to refute shadowrelm line by line. Not even the casual reader is swayed by his ramblings. Did you really need to post several hundred words?
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#31 Oct 24 2008 at 3:24 PM Rating: Excellent
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At this point, I'm not exactly sure what further evidence people could want that government must regulate the financial system.

I fully understand the arguments for and against. Repeat them as often as you like. Just go ahead if you feel the need. However, Greenspan who is the best, most powerful advocate of the hands off approach just switched sides. There really are no credible advocates left on the other side. Citing works of fiction, although totally insane, may be your best possible path. And it has been in vogue these past 8 years of Bush's term: just make up the reality you want. I'll pretend you're doing a heck of a job.

As for the stock dip: now is the time to buy for the long term. Put money in now. Invest broadly. Double your money in 5 years.
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#32 Oct 24 2008 at 3:42 PM Rating: Excellent
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P.S. Calling people "doofus" is immature and makes you look like an internet bully (which probably means you are not very tough and were picked on in high school and you found somewhere to vent your frustration about it. I wasn't very tough and got picked and I don't need to call people names). Doofus isn't even very creative. You had no qualms about using the "F" bomb, but you called me a doofus? Not c*cksu*ker or jive turkey? And, since you offered nothing to counter anything I said, it makes you look even worse. I am all about discussion, and I don't care if you call me names. We all agree ontological relativism is a poor philosophy. What are your ideas for the direction our country should go?


Fine

You sir, are a dick slurping, *** chugging, sheep fucking, mouth breathing, *** licking, **** smelling sorry excuse for a doofus.

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And, since you offered nothing to counter anything I said, it makes you look even worse.


You're just way too much of a doofus to notice I guess.
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#33REDACTED, Posted: Oct 24 2008 at 3:44 PM, Rating: Sub-Default, (Expand Post) You can parrot the news and not use logic or reason to come to a conclusion about the events taking place in our economy. Alan Greenspan is not a socialist and does not support socialism regardless of what CNN told you. Alan Greenspan's only possible way to effect the economy was adjusting the interest rate. The reason he was good at it is because he understands basic economic concepts and for every action the government took, he countered with what would happen if there was no interference in the first place. The reason he seems clueless now is because he retired almost 3 years ago. That's the reality I made up. Now what's yours?
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#34 Oct 24 2008 at 3:48 PM Rating: Good
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You can parrot the news and not use logic or reason to come to a conclusion about the events taking place in our economy.


Another stupid fucking dichotomy.
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#35 Oct 24 2008 at 4:27 PM Rating: Excellent
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Pensive wrote:

You sir, are a dick slurping, *** chugging, sheep fucking, mouth breathing, *** licking, **** smelling sorry excuse for a doofus.


Pensive, you're being absurd. No one could possibly breath through their mouth while slurping on a **** AND chugging ***, and one would have to be doing such in a terribly uncomfortable position to ALSO be smelling **** at the same time. I can't even begin to think of the tongue length required to address the *** licking. Oh, timer on the cheesecake went off!

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#36 Oct 24 2008 at 4:30 PM Rating: Excellent
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See this is totally why I went with doofus in the first place.
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#37gbaji, Posted: Oct 24 2008 at 5:24 PM, Rating: Sub-Default, (Expand Post) Only because you are grossly misrepresenting the "other side" here. You'd be hard pressed to find many conservatives saying that we shouldn't intervene to prevent market failures.
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#38 Oct 29 2008 at 9:09 AM Rating: Decent
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gbaji wrote:
yossarian wrote:
At this point, I'm not exactly sure what further evidence people could want that government must regulate the financial system.


No one's debating this. The issue is over *how* the government regulates the financial system. There's a world of difference between changing prime lending rates for various sectors in order to encourage specific responses and applying draconian mandates on the industry itself.



gbaji is right. I oversimplified. I try to keep my posts simple, but in this case I can see how it is difficult to understand my point.

Credit default swaps, which helped get us into this mess were illegal for something like 100 years until they were deregulated recently. This was cheered on my many on both sides of the ideological fence, and in hindsight it was a bad move.

Now virtually everyone, even the former champion of free markets (Greenspan) acknowledge much more rigorous regulation is needed.

Certain posters on this forum who have consistently advocated for freer markets have just had their entire worldview shattered. Clinging to it is completely sense free.

Since this has never stopped anyone before, carry on. This is the assylum, after all.
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#39 Oct 29 2008 at 6:56 PM Rating: Decent
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yossarian wrote:
gbaji is right. I oversimplified. I try to keep my posts simple, but in this case I can see how it is difficult to understand my point.


It helps to be right... ;)

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Credit default swaps, which helped get us into this mess...


False

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...were illegal for something like 100 years...


False

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until they were deregulated recently.


And false.


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Certain posters on this forum who have consistently advocated for freer markets have just had their entire worldview shattered. Clinging to it is completely sense free.


And yet, I'm not the one running around like my hair is on fire and grasping at whatever scary thing the guy on my TV told me last night...
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#40 Oct 30 2008 at 8:52 AM Rating: Good
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"At this point, I'm not exactly sure what further evidence people could want that government must regulate the financial system." --yoss

Partial governmental regulation. What that constitutes is what we'd argue about, but neither completely unfettered deregulation, nor total governmental control is healthy.

Totem
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#41 Oct 30 2008 at 8:55 AM Rating: Good
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Lol, gabji is channeling Smash. I never thought I'd see the day...
:D

Totem
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#42 Oct 30 2008 at 8:56 AM Rating: Good
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Totem wrote:
but neither completely unfettered deregulation, nor total governmental control is healthy.

Totem
Agreed.
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#43 Oct 30 2008 at 9:58 AM Rating: Good
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Oh dear. . .

Karl was right!
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#44 Oct 30 2008 at 10:00 AM Rating: Good
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Lol. RACK Karl Marx resets.

Totem
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#45 Oct 30 2008 at 11:23 AM Rating: Decent
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I don't believe that protecting the consumer for the sake of the industry itself should be classified as "draconian".
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