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Originally posted by OneFootInTheGrave
that's what Dr. House should learn to accept as well
that's what Dr. House should learn to accept as well
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You are ignoring that this is poly, my postion is counter to the flow here, so my internet persona is perfectly coherent. Haven't you seen this thread, no one agrees with me, its an awesome feeling!
Modern man calls walking more quickly in the same direction down the same road “change.”
The world, in the last three hundred years, has not changed except in that sense.
The simple suggestion of a true change scandalizes and terrifies modern man. -Nicolás Gómez Dávila -
we are missing eastern European nationalists here since Serb left
too keep the balance
Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"Comment
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Pardon my ignorance, but I always thought 'deregulation', when it goes too far, results in a 'lack of sensible regulation'.Originally posted by Naked Gents Rut
The whole blaming of "deregulation" is moronic.
There were three main causes,...
3. A lack of sensible regulation
If you don't feel any of the acts of deregulation between 1980 and 2001 didn't contribute to the lack of oversight of the CDS's please let us know.I'm consitently stupid- Japher
I think that opinion in the United States is decidedly different from the rest of the world because we have a free press -- by free, I mean a virgorously presented right wing point of view on the air and available to all.- NedComment
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Originally posted by OneFootInTheGrave
we are missing eastern European nationalists here since Serb left too keep the balance
Modern man calls walking more quickly in the same direction down the same road “change.”
The world, in the last three hundred years, has not changed except in that sense.
The simple suggestion of a true change scandalizes and terrifies modern man. -Nicolás Gómez DávilaComment
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I also blame commies for not gloating more, and the PETA fans for not showing up for ridicule.
Modern man calls walking more quickly in the same direction down the same road “change.”
The world, in the last three hundred years, has not changed except in that sense.
The simple suggestion of a true change scandalizes and terrifies modern man. -Nicolás Gómez DávilaComment
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Credit default swaps were never regulated to begin with. You can't deregulate something that was never regulated.If you don't feel any of the acts of deregulation between 1980 and 2001 didn't contribute to the lack of oversight of the CDS's please let us know.Last edited by Naked Gents Rut; October 24, 2008, 19:06.Comment
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Also Ron Paul fans have been quiet.
Modern man calls walking more quickly in the same direction down the same road “change.”
The world, in the last three hundred years, has not changed except in that sense.
The simple suggestion of a true change scandalizes and terrifies modern man. -Nicolás Gómez DávilaComment
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Ze stock market is down now as well, so I guess communism will become popular again...Last edited by Heraclitus; October 24, 2008, 19:11.Modern man calls walking more quickly in the same direction down the same road “change.”
The world, in the last three hundred years, has not changed except in that sense.
The simple suggestion of a true change scandalizes and terrifies modern man. -Nicolás Gómez DávilaComment
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I would happily accept some blame, if I thought the US caused the financial crisis. And I am open to be convinced that we are to blame.
But what I don't understand is why all of these European banks required very huge bailouts -- often 20 - 30% of GDP. Believe me, they did not gorge themselves on US real estate mortgages to this degree. Rather, it seems likely that these banks needed help mostly because of domestic economic considerations.
Consider that US real estate is not nearly as highly leveraged as in many European countries. To me, this looks most likely to be a worldwide deleveraging phenomenon. The attributes of this in the US are CDO, subprime, CDS, etc. In other countries, the attributes will be different. Japan is a special case, because it delevered in the 90s and 00s.Last edited by DanS; October 24, 2008, 19:15.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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Why would we be gloating when the govt is giving away billions of dollars to our enemies?Originally posted by Heraclitus
I also blame commies for not gloating more, and the PETA fans for not showing up for ridicule.
I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Re: Re: Re: Who else resents USAians for causing this finanical crisis?
Again, why are you blaming the US? We didn't invade you. Well... we left already.Originally posted by Heraclitus
Oh, please.... you know full well that for all intents and purposes Western Europe has been part of the American empire since WW2 (with the possible exception of France and perhaps Germany after it became unified).
It doesn't matter who we elect he will always follow the US's lead, this is especially true of Ex-commie states.
I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Who's mad? I don't see why it's a bad thing that the worthless mortgage papers are getting burned away like so much chaff.Scouse Git (2) La Fayette Adam Smith Solomwi and Loinburger will not be forgotten.
"Remember the night we broke the windows in this old house? This is what I wished for..."
2015 APOLYTON FANTASY FOOTBALL CHAMPION!Comment
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Re: Re: Who else resents USAians for causing this finanical crisis?
You, sir, are an idiot. If by partially you mean extraordinarily minor then yes but other wise no.Originally posted by DinoDoc
This problem was partially caused by government regulation in the form of the Community Reinvestment Act.Try http://wordforge.net/index.php for discussion and debate.Comment
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Exactly.Originally posted by Naked Gents Rut
Credit default swaps were never regulated to begin with. You can't deregulate something that was never regulated.12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio RegumComment
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Agreed but they should have been regulated. Thank Phil Gram for that one.
It acts like insurance in every way but we don't want it to be regulated like insurance. There is a reason why insurance companies have to have capital reserves to pay potential claims and it isn't because everyone hates insurance companies making profits.Try http://wordforge.net/index.php for discussion and debate.Comment
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