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01-08-2013, 12:29 PM
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Loyal Opposition
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Join Date: Oct 2009
Location: Johnson County, Kansas
Posts: 14,401
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Pete, I'll agree with you about one thing. There needs to be a helluva lot more trust-busting. Combinations - vertical integration, horizontal integration - are eliminating any possibility for an actual free market.
As an aside, I am loving this TR biography I'm reading now - "Theodore Rex." It is just reaching the point in his presidency where he is taking on the trusts.
Regards,
D-Ray
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Then I'll get on my knees and pray,
We won't get fooled again; Don't get fooled again
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01-08-2013, 01:42 PM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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Quote:
Originally Posted by d-ray657
Pete, I'll agree with you about one thing. There needs to be a helluva lot more trust-busting. Combinations - vertical integration, horizontal integration - are eliminating any possibility for an actual free market.
As an aside, I am loving this TR biography I'm reading now - "Theodore Rex." It is just reaching the point in his presidency where he is taking on the trusts.
Regards,
D-Ray
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Maybe if the Repub House would stop cutting the budgets of the FTC, SEC,Consumer Protection they could afford to go after the big banks.
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Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
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01-08-2013, 05:21 PM
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Area Man
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Join Date: Oct 2009
Location: The Swamp
Posts: 27,407
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Quote:
Originally Posted by piece-itpete
The US government is the biggest single buyer in the world.
That's a lot of patronage.
Pete
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Good for them.
Demand = Jobs.
Or should everyone, including the government, just stop spending money so the economy can finally just grind to a dead stop? We'll all just sit on our little stash of pocket change, waiting for someone to start hiring just for the hell of it?
Tell ya wut. Ima take me a shower, put on some clean jeans, squirt sumthin' sweet smellin' on ma neck and go get a steak. Yeah, it's $30 I might need when Obama sends his negro stormtroopers 'round to bust ma head and steal ma wallet. But, hey.......mebbe ita keep some single Mom waitress and a mizrable fry cook employed for another hour. I figyer I got's ta do it, 'cuz lawd knows......dis country full o' cheap muthaf**kas anymo'...........................
Regards,
Dave
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"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
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01-09-2013, 06:55 AM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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Quote:
Originally Posted by BlueStreak
Good for them.
Demand = Jobs.
Or should everyone, including the government, just stop spending money so the economy can finally just grind to a dead stop? We'll all just sit on our little stash of pocket change, waiting for someone to start hiring just for the hell of it?
Tell ya wut. Ima take me a shower, put on some clean jeans, squirt sumthin' sweet smellin' on ma neck and go get a steak. Yeah, it's $30 I might need when Obama sends his negro stormtroopers 'round to bust ma head and steal ma wallet. But, hey.......mebbe ita keep some single Mom waitress and a mizrable fry cook employed for another hour. I figyer I got's ta do it, 'cuz lawd knows......dis country full o' cheap muthaf**kas anymo'...........................Regards,
Dave
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What he said
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Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
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01-09-2013, 09:07 AM
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Possibly admin. Maybe ;)
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Join Date: Sep 2009
Location: Land of the burning river
Posts: 21,098
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Heck in that case why doesn't the government just send us all a check every week? Might as well be 10 grand as 1. Problem solved.
Pete
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“How many legs does a dog have if you call the tail a leg? Four. Calling a tail a leg doesn't make it a leg.”
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01-09-2013, 09:10 AM
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Senior Member
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Join Date: Oct 2011
Location: San Diego via Vermilion Ohio and Points Between
Posts: 11,538
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It is a balance....
But America is great because of installment credit being available for home purchases....without the mortgage we would not be as great a nation as we are.
Just move to place where you have to pay cash for a house....you will be wanting to come back real quick.
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Never was there a time when I did not exist, nor you, nor in the future shall any of us cease to be.
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01-09-2013, 09:15 AM
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Possibly admin. Maybe ;)
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Join Date: Sep 2009
Location: Land of the burning river
Posts: 21,098
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We agree Ice. But when one can borrow too much, one crashes?
D I agree with your agreement I think it shows how powerful the financial interests are that the many monopolies exist at all. We need another accidental President
How do you like 'T Rex"?
Pete
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“How many legs does a dog have if you call the tail a leg? Four. Calling a tail a leg doesn't make it a leg.”
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01-09-2013, 09:45 AM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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Our mortgage system was/is a moral hazard waiting to happen. The broker finds you a bank and takes 1% off the top, never to be seen again. Depending on your credit score the bank takes 1, 2, or even 3% off the top , bundles your mortgage with others and sells the bundle, also never to be seen again. Then there is the title company to deal with and to sell you title insurance at an 80% commission.
If you have been dealing with Bank A for a number of years you should be able to deal directly with them for a mortgage, they should check the title and they should hold the mortgage for its life. Brokers and Title companies are simply middlemen with their hands in other people's pockets.
__________________
Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
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01-09-2013, 10:40 AM
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Senior Member
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Join Date: Oct 2011
Location: San Diego via Vermilion Ohio and Points Between
Posts: 11,538
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Quote:
Originally Posted by piece-itpete
We agree Ice. But when one can borrow too much, one crashes?
D I agree with your agreement I think it shows how powerful the financial interests are that the many monopolies exist at all. We need another accidental President
How do you like 'T Rex"?
Pete
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electric warrior is a great album...one of the best cds I found in the Walmart $5 dollar bin last year
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Never was there a time when I did not exist, nor you, nor in the future shall any of us cease to be.
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01-09-2013, 10:41 AM
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Possibly admin. Maybe ;)
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Join Date: Sep 2009
Location: Land of the burning river
Posts: 21,098
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LMAO!! Awesome
Pete
__________________
“How many legs does a dog have if you call the tail a leg? Four. Calling a tail a leg doesn't make it a leg.”
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