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Jim Myrtle

Jim Myrtle
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  • 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
  • Germany, ECB take tough line against Greece [View news story]
    "Actually, the Norwegian position is not that they can afford to offer leave, but rather that investing in the welfare of their citizenry is an investment that is worthwhile and one that pays off"

    Thanks for the clarification.

    Greek overly generous leave is an investment in gaming the system that is not worthwhile and does not pay off.
    Feb 1, 2015. 03:19 PM | 1 Like Like |Link to Comment
  • Germany, ECB take tough line against Greece [View news story]
    "You make my point"

    Was your point Norway can afford generous leave and Greece cannot?
    Feb 1, 2015. 02:33 PM | Likes Like |Link to Comment
  • Germany, ECB take tough line against Greece [View news story]
    "Maternity leave policy in Norway (one of the most financially successful nations on earth)"

    Hundreds of billions in oil revenue can do wonders for a country.
    Feb 1, 2015. 01:45 PM | 2 Likes Like |Link to Comment
  • The Confiscation Of Bank Deposits And The Derivative Debt: James Corbett Interviews Ellen Brown On GRTV (Video) [View article]
    "Right here:"

    Yes, a single conservatively run organization in a conservatively run state.

    How does that help the liberals who want a liberally run bank in a liberally run state?

    Should California follow Ellen's suggestion to start a state bank?
    To deposit state funds and fund state projects?
    Would high speed rail be a good idea to fund with, for instance, your deposits in a California state bank?
    Would that save the state lots of money?
    Any chance of politically motivated, stupid loans being made, and defaulted on, with taxpayer guaranteed funds?
    Or am I being unreasonably cynical?
    Jan 24, 2015. 03:14 PM | 1 Like Like |Link to Comment
  • The Downside Of Fed Profitability [View article]
    "There are extraordinary conflicts of interest associated with private banks creating new money"

    Every loan creates new money.
    Jan 12, 2015. 11:49 AM | Likes Like |Link to Comment
  • Can A Central Bank Always Create Inflation? [View article]
    "***** You have no way to determine authenticity or " not"...."

    I guess Jefferson could have been using the modern definition of deflation, decades before it ever came into common usage.

    "And if Jefferson lived a great life and died broke, that's every mans dream to make your money and " the end" happen at the same time......"

    I prefer to leave some money for my heirs.
    Jan 11, 2015. 09:57 PM | Likes Like |Link to Comment
  • The Downside Of Fed Profitability [View article]
    "Making a note not to follow this author"

    Because $1.6 billion in dividends is a better indicator of ownership?
    Jan 11, 2015. 03:34 PM | Likes Like |Link to Comment
  • Can A Central Bank Always Create Inflation? [View article]
    Yes, Lindbergh was a nut and Jefferson died broke.
    Any other fake Jefferson quotes you'd like to share?
    Jan 11, 2015. 03:24 PM | 1 Like Like |Link to Comment
COMMENTS STATS
1,145 Comments
790 Likes