Unknown Investor

Nationalizing Bank Losses

I'm the guy your calling a dumb ass.

I think your the sort of nut case who runs up and down the street yelling to everyone in the neighborhood when the sun is up and when the sun is down, in other words your the neighborhood retard.

I dont believe you have the brain power to compreheand that when you tax banks for under deploying their capital base, it's a direct to the benifit to John Q Public, it's the proberibal stick that smacks the backs and heads of banks that don't want to origionate loans.

Or are you now in favor of transferring your tax dollars to these banking shenanigans without getting anything back for your investment.... Dumb ass


n Feb 02 02:43 AM overtaxed42long wrote:

> You know, after reading through most of the comments here, it becomes
> clear that many have no clue to what a nationalization of the banks
> really means. Not only do the current shareholders lose most if
> not all their equity remaining. But with a national bank system
> that essentially is just shifting control from one entity that screwed
> up to an even bigger entity that screwed up, we the people find ourselves
> yet again the ones taking it in the rear with no possibility of any
> future gain. Can anyone at all say that these bailouts do anything
> but bankrupt the people? All the FED is doing is ruining the once
> mighty dollar. And they have no right to even be in control of the
> money. Our Constitution requires that only Congress be in charge
> of the making and printing of money. Not some privately held institution(The
> FED) whose sole reason for existing is to manipulate the money supply
> through unrealistic financial games with interest rates and under
> the table deals with other central banks and lesser store front banks
> in order to increase the direct beneficiaries wealth and their legacies.
> Understand that there are only a select few families tied to those
> central banks and their illegal unconstitutional control of our money.
> Want to know what will happen when that money being printed hits
> circulation? The only reason the banks aren't lending is because
> when they do release that money, if they do, the value of all those
> dollars will wipe out the value of all the dollars then in the system.
> This is why the rest of the world is doing what we are by lowering
> interest rates and talking about nationalizing banks. Plus they
> are not converting their dollars to their own currency because they
> hold too many dollars and it will cause the same devaluation to happen
> to the rest of what they hold before they can get rid of it. It is
> why Iran converted all transactions once done in dollars to euros.
> Too bad for them that the same is happening to the euro. They will
> do this and declare a force majure that will mean the debts can not
> be repaid due to the currency being worthless. Then comes the next
> step of their plan. To offer a buy out rate on the then declared
> worthless dollar for pennies on the dollar. We the people need to
> remove from office all the politicians who are named BArny Frank,
> Chris Dodd, Charlie Rangle, Nancy Pelosi, and every other one of
> those spineless boobs who voted to give our money to crooks and thieves.
>
> To give control of our banks to the idiots that forced them to make
> these bad loans through their socializing programs is like throwing
> gas onto a fire. Then you got idiots that I quote below who think
> taxing is the cure. Dumb ass, the taxing of companies does not ever
> occur. Those costs always get passed down the line to the only thing
> that can ultimately pay those taxes. Us. The people who work and
> create a paycheck to buy things with. Companies are just fronts.
> They do not pay taxes. Only people do. Behind that company is a
> group of investors(people) who know how to earn money to pay those
> taxes, not only for the ones they pay through income but also half
> of each and every employees. So the people creating jobs and making
> the money that gets spent and moves the world economically get taxed
> way too much as it is. We all are taxed beyond what is fair. Not
> to mention way beyond what receive in return for that money. I
> am sick of it. They need to be tarred and feathered and ran out
> of town. Let the banks fail. I could care less if every single
> one failed. It won't make a hill of beans of difference to any of
> ours futures. The writing is on the wall. It is so widespread and
> visible and some want to spend more(Obama) and give away even more(Obama)
> and thankfully he got one thing right, to cut taxes. He just needs
> to stop all spending and cut taxes to zero for all business. Imagine
> the economic stimulus that will result from that. Every business
> on the planet will want ot open its manufacturing here. With all
> those people employed to manufacture stuff for the world creates
> an unprecedented amount of income tax. Which is really wrong also.
> The IRS should be dissolved and replaced with a consumption tax.(FairTax)
> It is the only way regular people will ever get above the resistance
> line that the Fed and the lawmakers hold all of us down with. Tax
> tax tax tax tax. Stupid people say we need taxes so government can
> run. Baloney. We don't need so much government. Every one is a
> halfwit who could not succeed in any form of real business due to
> their inabilities as a good person with ethics and values that create
> wealth. Instead they focus on deceptive ways to strain more and
> more money from the people. Usually those ways are unethical, unfair
> and involve corrupt schemes. Call me a liar and I'll call you stupid.
> Open your eyes and see it all around you from local through state
> and all the way up to federal. Our government is so corrupt and
> rife with dirty deeds at such an enormous scale, they think that
> they are the untouchables. That they have found their golden seat
> of power and they shall be able to impose their will and their vision
> for themselves to gain, leaving the people in ruin and wanting and
> dependant upon them for all. I do not want them in charge of anything
> anymore. They are all failures. They have all failed. They should
> all be removed and replaced with competent, justworthy, ethically
> driven people that know how to do the job correctly that they failed
> at. Can you tell I too need the blood pressure meds? god they piss
> me off just throwing out numbers in the billions and now the trillions.
> You people don't even get it do you? There is no way out except
> for the banks to fail. It is just a matter of today or a week from
> today or a month. Most likely not more than a few. Days, weeks,
> or months? Hmmmm? That depends on what the emotions in the street
> are and if they are acted upon.
> "The basic tool and in this solution is taxation. A new piece of
> legislation is to be formed in which banks are taxed when not meeting
> the required leveraging minimums, and somehow rewarded when they
> demonstrate full leveraging deployment."
> That guy who wrote that is an idiot.