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Socialists should love investment banks

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  • #16
    what?

    Socialists should love investment banks is completely wrong... well I happen to agree with this idea
    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"

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    • #17
      12-17-10 Mohamed Bouazizi NEVER FORGET
      Stadtluft Macht Frei
      Killing it is the new killing it
      Ultima Ratio Regum

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      • #18
        I thought it's Christians after reading that article citing Blankfein saying GS is doing God's work or somesuch.
        Blah

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        • #19
          Lloyd's too modest....
          12-17-10 Mohamed Bouazizi NEVER FORGET
          Stadtluft Macht Frei
          Killing it is the new killing it
          Ultima Ratio Regum

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          • #20
            It's a common thing amongst GSers
            Blah

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            • #21
              I know.

              It comes along with having chosen the most selfless career path available.
              12-17-10 Mohamed Bouazizi NEVER FORGET
              Stadtluft Macht Frei
              Killing it is the new killing it
              Ultima Ratio Regum

              Comment


              • #22
                On a scale of one to ten, with ten being most lazy, how would you rate KH's laziness?

                Construct your argument for the rating you give.
                A lot of Republicans are not racist, but a lot of racists are Republican.

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                • #23
                  I don't know about KH, but I'm giving you a 10 -- too lazy to start your own thread!
                  No, I did not steal that from somebody on Something Awful.

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                  • #24
                    Originally posted by KrazyHorse View Post
                    Much closer, though I had a slightly broader philosophical point.
                    That most people are *****?
                    You just wasted six ... no, seven ... seconds of your life reading this sentence.

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                    • #25
                      I'm not quite getting why conservatives should hate investment banks since they promote general welfare. Fiscal conservatives aren't anti-progress, they just disagree on the means...
                      If there is no sound in space, how come you can hear the lasers?
                      ){ :|:& };:

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                      • #26
                        What is the single best argument for fiscal.conservatism/small government? What is the single best argument against socialism?
                        12-17-10 Mohamed Bouazizi NEVER FORGET
                        Stadtluft Macht Frei
                        Killing it is the new killing it
                        Ultima Ratio Regum

                        Comment


                        • #27
                          Government sucks at stuff, markets don't?

                          When the government tries to give the fellow man a leg up, it usually has the opposite effect because of unintended consequences resulting from ****ing with market economies?

                          On the contrary, investment banks allow rich people to save the money they've piled up in a way such that it gets spent creating jobs for poorer people?
                          If there is no sound in space, how come you can hear the lasers?
                          ){ :|:& };:

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                          • #28
                            Originally posted by KrazyHorse View Post
                            What is the single best argument for fiscal.conservatism/small government? What is the single best argument against socialism?
                            People/investment banks will try to profit as much as possible from government handouts.
                            Contraria sunt Complementa. -- Niels Bohr
                            Mods: SMAniaC (SMAC) & Planetfall (Civ4)

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                            • #29
                              Incentives matter. A lot.

                              Most generally, the single best argument for fiscal conservatism I suppose would be that it actually works and makes people wealthier and socialism doesn't?
                              If there is no sound in space, how come you can hear the lasers?
                              ){ :|:& };:

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                              • #30
                                Oh I get it.

                                Fiscal conservatives believe that distributed groups (read: people) can make better aggregate choices than government.

                                Diversifying risk, I think would be the appropriate analogy.
                                If there is no sound in space, how come you can hear the lasers?
                                ){ :|:& };:

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