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Tom Waits is the best devil.
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''The only heaven that isn't boring is Robot Heaven from Transformers 2, where you die and then you get to go talk to robots!''
LMAO!
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so yes, while it is tragic that a lot of people cant pay their mortgage or are even homeless, when you compare it to what could have happened, were doing pretty good. And the government only has the best intentions in mind for the taxpayers, although perhaps not in the short term they just had to choose between the lesser of two evils
btw, it isn't by waving the word freedom around that i'll side with you. you're like the assholes who say that we're fighting for our freedom in iraq
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history shows that in a free-market world (us is mixed econ not free) if a relatively large bank goes bankrupt, people start making withdrawals leading to larger banks going bankrupt.
it wont just be a small percentage of the population who can't pay their mortgages, it'll be the majority who loose their entire savings altogether. bear in mind that the us isnt as relatively closed off as it was back in the 30s, it would have major disastrous repercussion on the entire world (cf subprime)
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it's one bank, not all banks. one bank goes bankrupt, it gets bought by a smarter bank that didn't ruin itself, everyone benefits. and mortgage payments are a petty problem? Tell that to everyone who has foreclosed in the past 2 years. you're stuck on this "education makes you a good president" thing. Look at the bad presidents, they had great educations too. TRUST ANYONE WITH A DEGREE WITH YOUR MONEY AND FREEDOM!
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seriously, "a bank isn't going to save anything but its empire". yeah and that empire is your money. let a bank go bankrupt, people loose their savings, the majority of the population looses confidence in banks in general, massive amounts of withdrawals => more bankruptcy...
it's what happened in 29 and it's what obama is trying to avoid at all costs. we can deal with more social problems later.
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perhaps not ivy league per se, but yeah, i'd say a good education at a highly regarded institution makes you a good decision maker for stuff like running a country. obama couldn't have gotten to where he is now by being a fool.
no offense, but to deal with this recession, we have to take care of the large problems first then the slightly pettier problems like mortgage payments. in the long run, it's much more important that banks don't go bankrupt than a few (or several) of its customers.
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ivy league education categorizes one as a good decision maker, does it? Hmmmmm then what were you implying when you said "post-bush?" It doesn't take more than a pair of functional eyes to see that giving money to a bank isn't going to save anything but that bank's empire. Don't worry about the people who can't afford to pay their mortgages TO the banks, save the banks!!!!!
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i was about to enter an economic debate with you, but then i realized that you, guyontheend, could have done a better job at salvaging post-bush america than obama. let me guess, you have years and years of ivy league education behind you to back up that statement.
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@averageguitarheroguy Yea but he made it worse by giving away tax dollars to AIG when what used to be the free market would've handled it for free. The tax money should've gone to tax payers, not a bank
Hang out in the clouds with a really disturbingly sexy dog. Priceless! Love it.
Tinker13ee 2 years ago 10
finally a video thats not about the ford fiesta
SuperHyphy420 2 years ago 7