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Jackpine Radical (1000+ posts) Send PM | Profile | Ignore | Thu Mar-05-09 07:38 PM Original message |
As I see it, we have two options: 1) We can let the banks collapse, and pay a terrible |
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indepat (1000+ posts) Send PM | Profile | Ignore | Thu Mar-05-09 07:41 PM Response to Original message |
1. Hear, hear! |
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BeatleBoot (1000+ posts) Send PM | Profile | Ignore | Thu Mar-05-09 07:44 PM Response to Original message |
2. A World Currency |
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Odin2005 (1000+ posts) Send PM | Profile | Ignore | Thu Mar-05-09 08:19 PM Response to Reply #2 |
12. Home values were unsustainably high 4 years ago. |
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nadinbrzezinski (1000+ posts) Send PM | Profile | Ignore | Thu Mar-05-09 07:46 PM Response to Original message |
3. We did pump a lot of moneys into the banks in the 1930s |
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napoleon_in_rags (1000+ posts) Send PM | Profile | Ignore | Thu Mar-05-09 07:53 PM Response to Reply #3 |
4. The thing is that we haven't *exactly* walked down this path before. |
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nadinbrzezinski (1000+ posts) Send PM | Profile | Ignore | Thu Mar-05-09 07:57 PM Response to Reply #4 |
5. History never, ever repeats itself exactly |
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napoleon_in_rags (1000+ posts) Send PM | Profile | Ignore | Thu Mar-05-09 08:12 PM Response to Reply #5 |
8. The play is the same, but the setting is different. |
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nadinbrzezinski (1000+ posts) Send PM | Profile | Ignore | Thu Mar-05-09 08:46 PM Response to Reply #8 |
17. Just like the setting was different when Sweden used the FDR |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Thu Mar-05-09 08:13 PM Response to Reply #3 |
9. No, not quite. |
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truedelphi (1000+ posts) Send PM | Profile | Ignore | Thu Mar-05-09 08:18 PM Response to Reply #9 |
11. That it is. But people don't understand that. n/t |
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Junkdrawer (1000+ posts) Send PM | Profile | Ignore | Thu Mar-05-09 08:00 PM Response to Original message |
6. The current World Banking System IS The American Empire... |
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burythehatchet (1000+ posts) Send PM | Profile | Ignore | Thu Mar-05-09 08:10 PM Response to Original message |
7. But the people who broke the system must know how to put it back together |
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cascadiance (1000+ posts) Send PM | Profile | Ignore | Thu Mar-05-09 08:15 PM Response to Original message |
10. OR #3) Nationalize them and FIRE and PROSECUTE the criminals in charge of them! |
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customerserviceguy (1000+ posts) Send PM | Profile | Ignore | Thu Mar-05-09 09:03 PM Response to Reply #10 |
19. That was my favorite option |
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smoogatz (1000+ posts) Send PM | Profile | Ignore | Thu Mar-05-09 08:30 PM Response to Original message |
13. Option 3: take over insolvent banks, as the law requires. |
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Fire1 (1000+ posts) Send PM | Profile | Ignore | Thu Mar-05-09 08:35 PM Response to Reply #13 |
15. Sounds good to me but there will be consequences to that |
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smoogatz (1000+ posts) Send PM | Profile | Ignore | Thu Mar-05-09 08:48 PM Response to Reply #15 |
18. The FDIC has eaten over 100 local/regional banks already, |
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Fire1 (1000+ posts) Send PM | Profile | Ignore | Thu Mar-05-09 09:05 PM Response to Reply #18 |
20. I agree with you but that horse has already left the barn and he's |
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lonestarnot (1000+ posts) Send PM | Profile | Ignore | Thu Mar-05-09 08:33 PM Response to Original message |
14. They should never get another damn dime! |
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HaydukesWrench (12 posts) Send PM | Profile | Ignore | Thu Mar-05-09 08:35 PM Response to Original message |
16. we're going to hit a painful rock bottom. either in a few weeks or a few months |
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