View Single Post
  #461  
Old 02-21-2016, 10:52 AM
icenine's Avatar
icenine icenine is offline
Senior Member
 
Join Date: Oct 2011
Location: San Diego via Vermilion Ohio and Points Between
Posts: 11,547
Wall Street is the banking capital and heart of our economy. Why do you think both Bush and Obama saved it?

You and I are partners in the system. You do not even realize it.


I am not against regulation but if we were to go in and try to demolish the banks it may drive even more businesses to leave us for other shores in even greater numbers.

By the way the youth vote did not help Bernie in Nevada yesterday. Not enough to win anyway.


The government gives a tax subsidy to home owners who buy houses with credit supplied by banks (Wall Street). These banks receive loans from the Federal Reserve (discount rate) so as to make loans and create money so as to stimulate the American economy. If you own a home you are a partner with the banking system (Wall Street).
__________________
Never was there a time when I did not exist, nor you, nor in the future shall any of us cease to be.
Reply With Quote