- This topic has 125 replies, 11 voices, and was last updated 16 years, 8 months ago by Ex-SD.
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March 17, 2008 at 12:59 PM #172180March 17, 2008 at 1:32 PM #171777drunkleParticipant
seems silly to think that just because you, bernanke, anyone else has studied the great depression that you automatically know how to prevent it.
700 trillion dollars in derivatives are going to be stoppered by fed?
the fed that allowed this to happen is now to be trusted with our salvation?
i guess some people are just still in denial.
March 17, 2008 at 1:32 PM #172108drunkleParticipantseems silly to think that just because you, bernanke, anyone else has studied the great depression that you automatically know how to prevent it.
700 trillion dollars in derivatives are going to be stoppered by fed?
the fed that allowed this to happen is now to be trusted with our salvation?
i guess some people are just still in denial.
March 17, 2008 at 1:32 PM #172113drunkleParticipantseems silly to think that just because you, bernanke, anyone else has studied the great depression that you automatically know how to prevent it.
700 trillion dollars in derivatives are going to be stoppered by fed?
the fed that allowed this to happen is now to be trusted with our salvation?
i guess some people are just still in denial.
March 17, 2008 at 1:32 PM #172134drunkleParticipantseems silly to think that just because you, bernanke, anyone else has studied the great depression that you automatically know how to prevent it.
700 trillion dollars in derivatives are going to be stoppered by fed?
the fed that allowed this to happen is now to be trusted with our salvation?
i guess some people are just still in denial.
March 17, 2008 at 1:32 PM #172213drunkleParticipantseems silly to think that just because you, bernanke, anyone else has studied the great depression that you automatically know how to prevent it.
700 trillion dollars in derivatives are going to be stoppered by fed?
the fed that allowed this to happen is now to be trusted with our salvation?
i guess some people are just still in denial.
March 17, 2008 at 1:48 PM #171792zzzParticipantdrunkle- getting tired of you suggesting that I don’t support trading in the market, shorting, etc or that I even know how to fix this problem. I don’t know, I just point out what happened historically and perhaps why the Fed stepping in isn’t so wrong and why there have been debates on this topic – and why there will be no magic bullet. Its called presenting a point of view, an opinion. I don’t have a magic ball, I have no clue what will happen. I do however understand how the i-banks and commercial banks have interdependencies and valuing derivatives is a complex imperfect arena. Its just not as simple as saying damn those greedy bastards and hope they all suffer from their firms collapsing….
March 17, 2008 at 1:48 PM #172123zzzParticipantdrunkle- getting tired of you suggesting that I don’t support trading in the market, shorting, etc or that I even know how to fix this problem. I don’t know, I just point out what happened historically and perhaps why the Fed stepping in isn’t so wrong and why there have been debates on this topic – and why there will be no magic bullet. Its called presenting a point of view, an opinion. I don’t have a magic ball, I have no clue what will happen. I do however understand how the i-banks and commercial banks have interdependencies and valuing derivatives is a complex imperfect arena. Its just not as simple as saying damn those greedy bastards and hope they all suffer from their firms collapsing….
March 17, 2008 at 1:48 PM #172131zzzParticipantdrunkle- getting tired of you suggesting that I don’t support trading in the market, shorting, etc or that I even know how to fix this problem. I don’t know, I just point out what happened historically and perhaps why the Fed stepping in isn’t so wrong and why there have been debates on this topic – and why there will be no magic bullet. Its called presenting a point of view, an opinion. I don’t have a magic ball, I have no clue what will happen. I do however understand how the i-banks and commercial banks have interdependencies and valuing derivatives is a complex imperfect arena. Its just not as simple as saying damn those greedy bastards and hope they all suffer from their firms collapsing….
March 17, 2008 at 1:48 PM #172150zzzParticipantdrunkle- getting tired of you suggesting that I don’t support trading in the market, shorting, etc or that I even know how to fix this problem. I don’t know, I just point out what happened historically and perhaps why the Fed stepping in isn’t so wrong and why there have been debates on this topic – and why there will be no magic bullet. Its called presenting a point of view, an opinion. I don’t have a magic ball, I have no clue what will happen. I do however understand how the i-banks and commercial banks have interdependencies and valuing derivatives is a complex imperfect arena. Its just not as simple as saying damn those greedy bastards and hope they all suffer from their firms collapsing….
March 17, 2008 at 1:48 PM #172228zzzParticipantdrunkle- getting tired of you suggesting that I don’t support trading in the market, shorting, etc or that I even know how to fix this problem. I don’t know, I just point out what happened historically and perhaps why the Fed stepping in isn’t so wrong and why there have been debates on this topic – and why there will be no magic bullet. Its called presenting a point of view, an opinion. I don’t have a magic ball, I have no clue what will happen. I do however understand how the i-banks and commercial banks have interdependencies and valuing derivatives is a complex imperfect arena. Its just not as simple as saying damn those greedy bastards and hope they all suffer from their firms collapsing….
March 17, 2008 at 2:58 PM #171832drunkleParticipantgolfgal:
i’m merely calling you out on your condescending attitude. “you should Google Great Depression”, “be careful what you wish for” and “its a naive to believe that only the rich bastards will suffer”.
nobody knows what to do, people are angry, people are trying to cope and yet you sit on a high horse, ignore the lack of responsibility that these bastards exhibit and admonish people that if it weren’t for our great and mighty corporate bankers, we’d all be pig fodder. please.
March 17, 2008 at 2:58 PM #172166drunkleParticipantgolfgal:
i’m merely calling you out on your condescending attitude. “you should Google Great Depression”, “be careful what you wish for” and “its a naive to believe that only the rich bastards will suffer”.
nobody knows what to do, people are angry, people are trying to cope and yet you sit on a high horse, ignore the lack of responsibility that these bastards exhibit and admonish people that if it weren’t for our great and mighty corporate bankers, we’d all be pig fodder. please.
March 17, 2008 at 2:58 PM #172169drunkleParticipantgolfgal:
i’m merely calling you out on your condescending attitude. “you should Google Great Depression”, “be careful what you wish for” and “its a naive to believe that only the rich bastards will suffer”.
nobody knows what to do, people are angry, people are trying to cope and yet you sit on a high horse, ignore the lack of responsibility that these bastards exhibit and admonish people that if it weren’t for our great and mighty corporate bankers, we’d all be pig fodder. please.
March 17, 2008 at 2:58 PM #172190drunkleParticipantgolfgal:
i’m merely calling you out on your condescending attitude. “you should Google Great Depression”, “be careful what you wish for” and “its a naive to believe that only the rich bastards will suffer”.
nobody knows what to do, people are angry, people are trying to cope and yet you sit on a high horse, ignore the lack of responsibility that these bastards exhibit and admonish people that if it weren’t for our great and mighty corporate bankers, we’d all be pig fodder. please.
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