Signe Wilkinson for August 08, 2014

  1. Albert einstein brain i6
    braindead Premium Member over 8 years ago

    Well, but, you know, corporations are people only when it’s convenient for the corporations. -And “conservatives” still believe that the patriotic multinational corporations have their best interests at heart.

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    nos.nevets  over 8 years ago

    The feds made it hard for them to NOT to bet on bad mortgages.Barney Frank was chomping on them & assured us everything was copacetic.Free market might have been a better idea.Note also that home owndership is not capital investmnent.Homes are not leveraged to produce more goods & services (unlike, say farmland or factories.)Adam Smitth made that observation.

    Say, I got an idea: let’s try free markets !No? Free-er markets?

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    oneoldhat  over 8 years ago

    no arodney nos nevets has it correct // the community reinvestment act was the government prod

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    zambiland  over 8 years ago

    It’s not that the banks just bet on bad mortgages, it’s that they sold them as good mortgages to their customers and bet against them at the same time. They knew they were selling junk.

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    zambiland  over 8 years ago

    Hah! You had me there for almost one whole sentence!

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    louieglutz  over 8 years ago

    if our fearless AG had gone after the perps instead of the corps run by the perps, you would see far less of this in the future.

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    vwdualnomand  over 8 years ago

    maybe banks can be lethal injected for 2 hours.

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    TripleAxel  over 8 years ago

    When the government treats you as “too big to fail” you are also “too big to hold accountable.”

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    oneoldhat  over 8 years ago

    no opednance if they did not do the loans they get fined but they were given an out// freddie and fannie would buy most of the loans

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    Dtroutma  over 8 years ago

    It’s simply what would happen if corporations were actually subject to the same laws and punishments as “persons” with actual blood in their veins, instead of cash flow.

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  11. Albert einstein brain i6
    braindead Premium Member over 8 years ago

    “I’ll make a deal with you. I will accept that corporations should not have the right to make political contributions, if you will agree that unions must be similarly restricted from making campaign contributions.

    Political rights only for Homo Sapiens Sapiens, and only for those who have the legal right to vote.

    Any takers?"-In a heartbeat. At the very least, eliminate the secret money.

    Maybe even identify who pays Grover Norquist.

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