Home › Forums › Financial Markets/Economics › Kucinich has gone insane
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December 23, 2010 at 11:55 AM #645309December 23, 2010 at 11:57 AM #644195
tc
ParticipantHow can anyone possibly consisder supporting the ides “hey, lets put the politicians in charge of the money supply”
Really ? Politicians ?
I agree. We should leave it to the banksters.
December 23, 2010 at 11:57 AM #644267tc
ParticipantHow can anyone possibly consisder supporting the ides “hey, lets put the politicians in charge of the money supply”
Really ? Politicians ?
I agree. We should leave it to the banksters.
December 23, 2010 at 11:57 AM #644846tc
ParticipantHow can anyone possibly consisder supporting the ides “hey, lets put the politicians in charge of the money supply”
Really ? Politicians ?
I agree. We should leave it to the banksters.
December 23, 2010 at 11:57 AM #644982tc
ParticipantHow can anyone possibly consisder supporting the ides “hey, lets put the politicians in charge of the money supply”
Really ? Politicians ?
I agree. We should leave it to the banksters.
December 23, 2010 at 11:57 AM #645304tc
ParticipantHow can anyone possibly consisder supporting the ides “hey, lets put the politicians in charge of the money supply”
Really ? Politicians ?
I agree. We should leave it to the banksters.
December 23, 2010 at 12:22 PM #644235briansd1
Guest[quote=SD Realtor]”Isn’t the government in the lending business when it comes to fractional reserves, the banks are just the interest earning middle men.”
If you look at it that way then yes.
The govt is also in the freeway building business, the road building business, the business of education, and pretty much anything else you want to stretch it to. I mean transportation funds are drawn from taxes and allocated to states who then contract out the jobs right?
Perhaps all businesses should become nationalized and everyone become a federal employee?[/quote]
What the optimum size of an organization? There are internal and external middle-men that create friction and inefficiency.
Walmart is large and highly profitable cutting out the middlemen. Some other companies are better off broken up into smaller organizations.
As far as government goes, well, it just depends on the program. The student loan program is clearly more efficient as a government run program. We know from experience that private banks were charging high interest rates and taking advantage of students and their families.
December 23, 2010 at 12:22 PM #644307briansd1
Guest[quote=SD Realtor]”Isn’t the government in the lending business when it comes to fractional reserves, the banks are just the interest earning middle men.”
If you look at it that way then yes.
The govt is also in the freeway building business, the road building business, the business of education, and pretty much anything else you want to stretch it to. I mean transportation funds are drawn from taxes and allocated to states who then contract out the jobs right?
Perhaps all businesses should become nationalized and everyone become a federal employee?[/quote]
What the optimum size of an organization? There are internal and external middle-men that create friction and inefficiency.
Walmart is large and highly profitable cutting out the middlemen. Some other companies are better off broken up into smaller organizations.
As far as government goes, well, it just depends on the program. The student loan program is clearly more efficient as a government run program. We know from experience that private banks were charging high interest rates and taking advantage of students and their families.
December 23, 2010 at 12:22 PM #644886briansd1
Guest[quote=SD Realtor]”Isn’t the government in the lending business when it comes to fractional reserves, the banks are just the interest earning middle men.”
If you look at it that way then yes.
The govt is also in the freeway building business, the road building business, the business of education, and pretty much anything else you want to stretch it to. I mean transportation funds are drawn from taxes and allocated to states who then contract out the jobs right?
Perhaps all businesses should become nationalized and everyone become a federal employee?[/quote]
What the optimum size of an organization? There are internal and external middle-men that create friction and inefficiency.
Walmart is large and highly profitable cutting out the middlemen. Some other companies are better off broken up into smaller organizations.
As far as government goes, well, it just depends on the program. The student loan program is clearly more efficient as a government run program. We know from experience that private banks were charging high interest rates and taking advantage of students and their families.
December 23, 2010 at 12:22 PM #645022briansd1
Guest[quote=SD Realtor]”Isn’t the government in the lending business when it comes to fractional reserves, the banks are just the interest earning middle men.”
If you look at it that way then yes.
The govt is also in the freeway building business, the road building business, the business of education, and pretty much anything else you want to stretch it to. I mean transportation funds are drawn from taxes and allocated to states who then contract out the jobs right?
Perhaps all businesses should become nationalized and everyone become a federal employee?[/quote]
What the optimum size of an organization? There are internal and external middle-men that create friction and inefficiency.
Walmart is large and highly profitable cutting out the middlemen. Some other companies are better off broken up into smaller organizations.
As far as government goes, well, it just depends on the program. The student loan program is clearly more efficient as a government run program. We know from experience that private banks were charging high interest rates and taking advantage of students and their families.
December 23, 2010 at 12:22 PM #645345briansd1
Guest[quote=SD Realtor]”Isn’t the government in the lending business when it comes to fractional reserves, the banks are just the interest earning middle men.”
If you look at it that way then yes.
The govt is also in the freeway building business, the road building business, the business of education, and pretty much anything else you want to stretch it to. I mean transportation funds are drawn from taxes and allocated to states who then contract out the jobs right?
Perhaps all businesses should become nationalized and everyone become a federal employee?[/quote]
What the optimum size of an organization? There are internal and external middle-men that create friction and inefficiency.
Walmart is large and highly profitable cutting out the middlemen. Some other companies are better off broken up into smaller organizations.
As far as government goes, well, it just depends on the program. The student loan program is clearly more efficient as a government run program. We know from experience that private banks were charging high interest rates and taking advantage of students and their families.
December 23, 2010 at 3:04 PM #644300CA renter
Participant[quote=tc]How can anyone possibly consisder supporting the ides “hey, lets put the politicians in charge of the money supply”
Really ? Politicians ?
I agree. We should leave it to the banksters.[/quote]
Yes, and since banksters have done such a good job, it’s clear that the private market will ALWAYS do a better job than the govt, right? /sarcasm
(tc, I know you were being sarcastic as well, I’m just piling on…) 😉
———–
Just wanted to add: It should be perfectely clear by now that we, the taxpayers/govt, are responsible for all the losses while all the profits go to a small group of private individuals. If we’re going to be shouldering all the losses (even if we don’t want to!), then we should be the decision-makers, and we should be entitled to all the profits as well.
December 23, 2010 at 3:04 PM #644371CA renter
Participant[quote=tc]How can anyone possibly consisder supporting the ides “hey, lets put the politicians in charge of the money supply”
Really ? Politicians ?
I agree. We should leave it to the banksters.[/quote]
Yes, and since banksters have done such a good job, it’s clear that the private market will ALWAYS do a better job than the govt, right? /sarcasm
(tc, I know you were being sarcastic as well, I’m just piling on…) 😉
———–
Just wanted to add: It should be perfectely clear by now that we, the taxpayers/govt, are responsible for all the losses while all the profits go to a small group of private individuals. If we’re going to be shouldering all the losses (even if we don’t want to!), then we should be the decision-makers, and we should be entitled to all the profits as well.
December 23, 2010 at 3:04 PM #644951CA renter
Participant[quote=tc]How can anyone possibly consisder supporting the ides “hey, lets put the politicians in charge of the money supply”
Really ? Politicians ?
I agree. We should leave it to the banksters.[/quote]
Yes, and since banksters have done such a good job, it’s clear that the private market will ALWAYS do a better job than the govt, right? /sarcasm
(tc, I know you were being sarcastic as well, I’m just piling on…) 😉
———–
Just wanted to add: It should be perfectely clear by now that we, the taxpayers/govt, are responsible for all the losses while all the profits go to a small group of private individuals. If we’re going to be shouldering all the losses (even if we don’t want to!), then we should be the decision-makers, and we should be entitled to all the profits as well.
December 23, 2010 at 3:04 PM #645087CA renter
Participant[quote=tc]How can anyone possibly consisder supporting the ides “hey, lets put the politicians in charge of the money supply”
Really ? Politicians ?
I agree. We should leave it to the banksters.[/quote]
Yes, and since banksters have done such a good job, it’s clear that the private market will ALWAYS do a better job than the govt, right? /sarcasm
(tc, I know you were being sarcastic as well, I’m just piling on…) 😉
———–
Just wanted to add: It should be perfectely clear by now that we, the taxpayers/govt, are responsible for all the losses while all the profits go to a small group of private individuals. If we’re going to be shouldering all the losses (even if we don’t want to!), then we should be the decision-makers, and we should be entitled to all the profits as well.
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