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May 8, 2009 at 9:50 AM in reply to: OT: anyone know of a good local electronics repair shop or someone good at soldering #395215May 8, 2009 at 9:50 AM in reply to: OT: anyone know of a good local electronics repair shop or someone good at soldering #395435
sdduuuude
ParticipantcdmaEng has some mad soldering skills.
May 8, 2009 at 9:50 AM in reply to: OT: anyone know of a good local electronics repair shop or someone good at soldering #395486ParticipantcdmaEng has some mad soldering skills.
May 8, 2009 at 9:50 AM in reply to: OT: anyone know of a good local electronics repair shop or someone good at soldering #395630ParticipantcdmaEng has some mad soldering skills.
May 8, 2009 at 8:59 AM in reply to: Visalia, California Real Estate Broker Predicts a 30% Increase in Home Prices. #394928ParticipantHe’s right.
Everybody wants to live in Visalia.May 8, 2009 at 8:59 AM in reply to: Visalia, California Real Estate Broker Predicts a 30% Increase in Home Prices. #395181ParticipantHe’s right.
Everybody wants to live in Visalia.May 8, 2009 at 8:59 AM in reply to: Visalia, California Real Estate Broker Predicts a 30% Increase in Home Prices. #395400ParticipantHe’s right.
Everybody wants to live in Visalia.May 8, 2009 at 8:59 AM in reply to: Visalia, California Real Estate Broker Predicts a 30% Increase in Home Prices. #395452ParticipantHe’s right.
Everybody wants to live in Visalia.May 8, 2009 at 8:59 AM in reply to: Visalia, California Real Estate Broker Predicts a 30% Increase in Home Prices. #395594ParticipantHe’s right.
Everybody wants to live in Visalia.Participant[quote=CA renter][quote=sdduuuude]Yes, we should make it illegal for anyone to loan anyone else any money unless it is the government doing the loaning or borrowing. That’ll fix everything. Brilliant[/quote]
You’re missing the point.
[/quote]
No. I’m entirely on the point.
The original poster stated “we should remove private banks.”What is a bank? It is a private entity that borrows money from depositors and loans it to borrowers.
By definition “removing private banks” basically makes it illegal for people to borrow from each other. It seems a basic right to me and not really the source of the problem.
What we need to remove is the fractional reserve system, a debt rating system that pays based on volume rather than quality, and the bailouts that make the problems of stupid banks everyone’s problem.
Banks should not be removed by anything other than their own ineptitude.
Participant[quote=CA renter][quote=sdduuuude]Yes, we should make it illegal for anyone to loan anyone else any money unless it is the government doing the loaning or borrowing. That’ll fix everything. Brilliant[/quote]
You’re missing the point.
[/quote]
No. I’m entirely on the point.
The original poster stated “we should remove private banks.”What is a bank? It is a private entity that borrows money from depositors and loans it to borrowers.
By definition “removing private banks” basically makes it illegal for people to borrow from each other. It seems a basic right to me and not really the source of the problem.
What we need to remove is the fractional reserve system, a debt rating system that pays based on volume rather than quality, and the bailouts that make the problems of stupid banks everyone’s problem.
Banks should not be removed by anything other than their own ineptitude.
Participant[quote=CA renter][quote=sdduuuude]Yes, we should make it illegal for anyone to loan anyone else any money unless it is the government doing the loaning or borrowing. That’ll fix everything. Brilliant[/quote]
You’re missing the point.
[/quote]
No. I’m entirely on the point.
The original poster stated “we should remove private banks.”What is a bank? It is a private entity that borrows money from depositors and loans it to borrowers.
By definition “removing private banks” basically makes it illegal for people to borrow from each other. It seems a basic right to me and not really the source of the problem.
What we need to remove is the fractional reserve system, a debt rating system that pays based on volume rather than quality, and the bailouts that make the problems of stupid banks everyone’s problem.
Banks should not be removed by anything other than their own ineptitude.
Participant[quote=CA renter][quote=sdduuuude]Yes, we should make it illegal for anyone to loan anyone else any money unless it is the government doing the loaning or borrowing. That’ll fix everything. Brilliant[/quote]
You’re missing the point.
[/quote]
No. I’m entirely on the point.
The original poster stated “we should remove private banks.”What is a bank? It is a private entity that borrows money from depositors and loans it to borrowers.
By definition “removing private banks” basically makes it illegal for people to borrow from each other. It seems a basic right to me and not really the source of the problem.
What we need to remove is the fractional reserve system, a debt rating system that pays based on volume rather than quality, and the bailouts that make the problems of stupid banks everyone’s problem.
Banks should not be removed by anything other than their own ineptitude.
Participant[quote=CA renter][quote=sdduuuude]Yes, we should make it illegal for anyone to loan anyone else any money unless it is the government doing the loaning or borrowing. That’ll fix everything. Brilliant[/quote]
You’re missing the point.
[/quote]
No. I’m entirely on the point.
The original poster stated “we should remove private banks.”What is a bank? It is a private entity that borrows money from depositors and loans it to borrowers.
By definition “removing private banks” basically makes it illegal for people to borrow from each other. It seems a basic right to me and not really the source of the problem.
What we need to remove is the fractional reserve system, a debt rating system that pays based on volume rather than quality, and the bailouts that make the problems of stupid banks everyone’s problem.
Banks should not be removed by anything other than their own ineptitude.
ParticipantFLU – call it the “middle of the ‘W’ recovery.”
The gov is basically borrowing money to get out of debt and putting lipstick on lots of pigs (banks). In the short term, it fees up credit and makes for the appearance of a recovery, but we are still in deep doo-doo so the second hammer must fall eventually.
Also, it seems that the housing crash was really a bubble pop based on inflated asset prices. The effects of this have hit employment, but it seems the effects of reduced employment haven’t hit the economy yet.
The slowness with which economies move is always amazing to me.
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