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Jim Myrtle

Jim Myrtle
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  • Why Public Banks Outperform Private Banks: Unfair Competition Or A Better Mousetrap? [View article]
    Thanks for the link.
    Do you have one that actually helps your claim?
    Feb 12, 2015. 05:36 PM | Likes Like |Link to Comment
  • Why Public Banks Outperform Private Banks: Unfair Competition Or A Better Mousetrap? [View article]
    "Unless oil turns around very quickly, imprudent bets in oil futures will cause the "private" banks to be publically funded again"

    What makes you think any banks made "imprudent bets in oil futures"?
    Feb 12, 2015. 01:53 PM | Likes Like |Link to Comment
  • Why Public Banks Outperform Private Banks: Unfair Competition Or A Better Mousetrap? [View article]
    I guess we'll have to wait for the Public Bank of Illinois or California to blow up under crony loans for you to stop writing these silly articles.
    Feb 12, 2015. 12:19 PM | 1 Like Like |Link to Comment
  • Negative Interest Rates: Capital's Reproduction Problem [View article]
    "China, despite exporting over $500 billion in capital annually to just the US, in the form of US Treasury purchases"

    China does not buy $500 billion in additional US Treasuries a year.
    Feb 11, 2015. 09:34 AM | 1 Like Like |Link to Comment
  • Negative Interest Rates: Capital's Reproduction Problem [View article]
    "the Fed controls the price level"

    Controls? Are you sure?
    Feb 10, 2015. 06:22 PM | 1 Like Like |Link to Comment
  • Checkmate For Greece? [View article]
    "The Greeks were sold a bill of goods"

    The Greeks sold a bill of goods, in exchange for hundreds of billions of Euros.

    They'd like to sell another. The market right now is no-bid.
    Feb 6, 2015. 02:21 PM | 4 Likes Like |Link to Comment
  • Checkmate For Greece? [View article]
    Government loving politicians should be fiscally responsible?
    Feb 4, 2015. 07:32 PM | 1 Like Like |Link to Comment
  • Checkmate For Greece? [View article]
    "People voted for the wrong politicians"

    But they voted for the government loving politicians.
    The type that would love to have a state owned bank to finance
    their crooked schemes.
    Feb 4, 2015. 07:14 PM | 1 Like Like |Link to Comment
  • Checkmate For Greece? [View article]
    "So if you vote for government-hating politicians, how do you expect them to run things well?"

    In Illinois, the government-loving politicians haven't been running things too well either.

    How can that be?
    Feb 4, 2015. 11:15 AM | 1 Like Like |Link to Comment
  • Checkmate For Greece? [View article]
    "Maybe but the banks should've been nationalized and the problem would've been solved more economically and without chance of repeat"

    That's funny.
    Like Ellen Brown recommending state banks.
    Just what we need, Obama using a nationalized bank to finance California's high speed rail fiasco and more "green energy" idiocy.
    Feb 3, 2015. 05:02 PM | 2 Likes Like |Link to Comment
  • Checkmate For Greece? [View article]
    "Remember Tarp that has cost US taxpayers Trillions of dollars because Big Banks to Big to Fail rigged mortgages and Manipulates stock Prices"

    Bank TARP was repaid. The US Treasury made tens of billions. It didn't cost the taxpayer a thing and helped save the US banking system.

    "If Greece didn't pay their puny 294 billion dollars who cares its a drop in bucket when you consider the big scams of Big Bank"

    LOL! Feel free to mail Greece your check.

    "Its not like Greeks asking them to bail them out again like Big Banks did with Tarp"

    Greece will be asking for another bailout, they are deficit spending something like 12% of GDP after all.
    Feb 3, 2015. 11:57 AM | 9 Likes Like |Link to Comment
  • Germany, ECB take tough line against Greece [View news story]
    "Well, the banks defaulted regardless of what happened later"

    Which ones?

    "TARP is a bailout"

    TARP helped recapitalize US banks.
    Banks paid back the US Treasury.

    "Without TARP, the interest rate for the banks at the time would be 20%+ on par with Greece"

    Without the last Greek bailout, their debt would be at 20%, instead of 2.4%. And?

    "TARP bailout the US banks as surely as the Troika bailout Greece"

    TARP was short-term, long ago repaid at a profit to the lender (US Treasury)

    When did the Greeks pay back their loans?
    Feb 2, 2015. 01:05 AM | 1 Like Like |Link to Comment
  • Germany, ECB take tough line against Greece [View news story]
    "We Had TARP in U.S. the bank ripoff bailout to bailout banks that robbed Americans thru fraudulent loans"

    The banks paid back their TARP loans.
    The US Treasury made tens of billions in profit.

    "So what makes United States better then Greeks"

    Well, we didn't default on hundreds of billions in loans, yet.
    Feb 1, 2015. 11:14 PM | 1 Like Like |Link to Comment
  • Germany, ECB take tough line against Greece [View news story]
    "You may not realize this, but minus the interest payments to the EU, Greece is running a budgetary surplus"

    That is excellent news!
    I guess they won't need to ask the EU for any money going forward?
    Feb 1, 2015. 11:07 PM | 3 Likes Like |Link to Comment
  • Germany, ECB take tough line against Greece [View news story]
    "Good for us but not for them, right?"

    I'm not in Norway or Greece. Are you?

    "Because they're no good as human beings...is that your perspective?"

    Why no, that is not my perspective.
    Feb 1, 2015. 11:04 PM | Likes Like |Link to Comment
COMMENTS STATS
1,138 Comments
790 Likes