Banking...some BIG changes are coming!

[Reverenddel]

Kreutz, and I have a working agreement, He knows I hate nationalization of anything, and I know I cannot convince him of anything.

Sooo, we just agree where we can, agree to disagree on the other, and talk about guns...

I have ETHICS, but no MORALS! Get it right Kreutz if yer gonna besmirch me. HAHAHAHAHA

[jim100]

I hear gunderwood's keyboard clacking Kreutz, you better watch out.

[SHMIV]

I just realized that a Nobel prize recipient was quoted to make a point in this discussion. Considering that both Carter and Obama have received one, those things seem to be handed out for speaking pleasant sounding thoughts. I may as well claim credibility by virtue of a door prize from a stag party; it has the same meaning as a Nobel Prize....

[Tweaker]

Kruetz, you are a truly misguided individual.

On a related note, I just got my subway stamp card filled so I, too am eligible for a Nobel Prize!

[Kreutz]

Kruetz, you are a truly misguided individual.

On a related note, I just got my subway stamp card filled so I, too am eligible for a Nobel Prize!

Sooooo...why is their currency worth so much more than ours eh (and its been that way for years)?

My "misguided" mind cant affect currency exchanges after all....or CAN it?

[Yarddawg]

Gorgeous women....basic socialist stuff.

Hmm let's see...

Socialist women:

Socialist International Vice President Maria Titizian (center)

Yeeeaahhh, real stunners there!

American women:


I'll stick with American women!

[gunderwood]

Kreutz - You gave examples of ethical violations as well as possible corruption which may have been legal or at least was not properly prosecuted by the government.

All of this was MADE POSSIBLE by the inaction or oversight or ignorance of the .gov. How is more government going to solve this problem?

Do you hold the belief that greed is either less prevalent or impossible under a socialist .gov? If there are more poor people and fewer party members with all the power/money as in every socialist country is this a situation you view as more favorable?

Which is the country that you point to and say, this is a terrific example of socialism and we should be just like that? You claimed in another thread that Switzerland is a socialist country. That not correct AFAIK.

It's faith, nothing else. It completely tweaks his world view such that only government can cause, react, or solve anything. No rational thesis has ever been penned which explains how the use of force can solve these problems. It's nothing but faith in government.

On the other hand, capitalism has gone to great extents to show how the system leverages basic human needs and motivations to create a better society.

[gunderwood]

Kruetz, you are a truly misguided individual.

On a related note, I just got my subway stamp card filled so I, too am eligible for a Nobel Prize!

Sooooo...why is their currency worth so much more than ours eh (and its been that way for years)?

My "misguided" mind cant affect currency exchanges after all....or CAN it?

Because they haven't devalued it. The currencies are all fiat and backed by nothing other than a governments promise to tax the people (now or in the future). Lots of things affect the relative valuation of fiat notes, but one of the critical factors is how much and how quickly you devalue it. Remember the US didn't just "bail out" our system, we practically did a large portion of the world too (IIRC most of the banking liquidity crisis money went overseas regardless of what name/program is was rationalized under).

[Kreutz]

Gorgeous women....basic socialist stuff.

Hmm let's see...

Socialist women:

Socialist International Vice President Maria Titizian (center)

Yeeeaahhh, real stunners there!

American women:


I'll stick with American women!

Indeed, "real stunners"
American ladies:



German ladies:

[Reverenddel]

HOLD UP!

I have seen gorgeous women EVERYWHERE! AND WHAT DOES THIS HAVE TO DO WITH BANKING!?!?

It's simply this, you need a viable banking system to transact business. Perhaps BUSINESSES should create their OWN BANK, and have NO PERSONAL accounts!

Think about it? Borrowing money with a TIN, and a Business licenses, verified CEO's, COO's, CIO's, and a Chairman of the board.

Remove businesses COMPLETELY! Then you're left with soccer mom's who bounce checks, idiots that lose their Debt/ATM cards over, and over again, and people who work the system, and never pay a dime.

So then you have reasons for the fees. Remove guv'mint from funding ANY PORTION, and if it fails?

IF IT FAILS?

It FAILS! So be it! Another buys the accounts, part/parcels out the rest, and viola! New bank arises!

*** P.S. No offense to our female members, but I love shots of boobies, and beer. Makes me happy knowin' these things are combined on occasion ***

[Kreutz]

HOLD UP!

I have seen gorgeous women EVERYWHERE! AND WHAT DOES THIS HAVE TO DO WITH BANKING!?!?

Wait...we...need reasons to post gorgeous women?

It's simply this, you need a viable banking system to transact business.

can't disagree with that.

Perhaps BUSINESSES should create their OWN BANK,


and have NO PERSONAL accounts!

You're on to something there actually. Credit unions for people, banks for companies (also people according to the Romney-bot 3000, but I digress). That would actually work very well.

It FAILS! So be it! Another buys the accounts, part/parcels out the rest, and viola! New bank arises!

That should be how it works, but alas finance (like damned near everything else)has too many lobbyists.

*** P.S. No offense to our female members, but I love shots of boobies, and beer. Makes me happy knowin' these things are combined on occasion ***

Ever been to Oktoberfest? I didnt want to leave! The party ends early though, like 10pm IIRC. Remember, beer is proof God loves us and wants us to be happy. boobs, welllllllllll.....they speak for themselves.

[Reverenddel]

"That should be how it works, but alas finance (like damned near everything else)has too many REGULATIONS."

There fixed it for you. HAHAHHA

I have been to Oktoberfest before... but the one at the Showplace was old people, and the one at St. Benedicts would have been just... wrong... Boobies and Jeeeeesssuuusss? Like Chocolate Milk and Pickles... separately? Delicious. Together? (makes a horrible face)