2016 Postmortem

JustAnotherGen

(32,268 posts)

9. I will answer

Tue Mar 8, 2016, 10:38 AM

Mar 2016

Yes I do -

Don't you want to see such practices curtailed and regulated?

What if - we outlawed Derivatives?

I'm serious - what's the worst thing that could happen?

That means the Hedgie in Dublin Ireland at Davy IE has to go f8ck himself if it touches US based banks or International Banks doing business in the US? Just one idea.

When I say reimplement Glass Steagall - we shouldn't stop there.

Look - I can personally go to jail if we ship 10 iPads to say - Thomas Butler (looking him up and google with bubonic plague) while he's on vacation in Barbados. Hold bankers to the exact same standards we hold people who engage in Import/Export activities - the framework is there. Most of the regulations even sit under Secretary of Treasury and the rest CBP/Homeland Security. Treat people who engage in these activities like human trafficking drug kingpins or ISIS - and ANYONE who does business with them should be the same.

To me - strict punishments going forward are something that the vast majority of Americans - both sides of the aisle - across the spectrum of their respective ideology agree with. It's the right thing to do - we have 'good starts' - but it needs to get done.

I feel the same way about this as monetizing green energy and environmental conscious business. Let's get it done because only morons and idiots don't believe it needs to get done. Hopefully those people will all move to Somalia when Trump doesn't win so we can make 'America Great' FOR ONCE without them.

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Who here can name the banks broken up under Frank Dodd as "too big to fail"? [View all] Recursion Mar 2016 OP

Crickets...... monicaangela Mar 2016 #1

That's a joke pdsimdars Mar 2016 #2

I can kind of answer JustAnotherGen Mar 2016 #3

Bingo Recursion Mar 2016 #5

Thanks for the post, JAG. Enjoyed reading. Hortensis Mar 2016 #14

Why do you insist on defending Wall Street Investment Banks? I don't really understand that. el_bryanto Mar 2016 #4

Yeah, why are you so intent on defending them? Recursion Mar 2016 #6

Good comeback. You really shut me down. nt el_bryanto Mar 2016 #7

Well you seem to oppose the government taking their money when they get into trouble Recursion Mar 2016 #8

You can't just make up stuff - well obviously you can. But that's total bullshit to suggest el_bryanto Mar 2016 #10

You are arguing against a program that involved the government taking money from banks Recursion Mar 2016 #12

Jesus - you'll say anything won't you? el_bryanto Mar 2016 #16

It cost the banks money and made the government money Recursion Mar 2016 #18

Whatever. I think it's clear who wants to hold Wall Street accountable, your deceptions el_bryanto Mar 2016 #22

neither of those two entities were the ones who paid for the bailout... islandmkl Mar 2016 #27

Here's what I think. I think you should say what you mean instead of playing passive aggressive Bluenorthwest Mar 2016 #11

I think the US Government took billions from the banks through TARP Recursion Mar 2016 #13

I think that last line is your entire reason for writing which is why you can't make a full and Bluenorthwest Mar 2016 #17

Sure, whatever Recursion Mar 2016 #28

It made me realize I no longer could answer. Hortensis Mar 2016 #15

You fail to understand my point. But that's ok. You have an agenda same as the OP has..... Bluenorthwest Mar 2016 #20

Did you know that Sen. Barney Frank was named Hortensis Mar 2016 #23

It's a HRC supporter backing a "I support Bernie but..." poster. delrem Mar 2016 #24

I will answer JustAnotherGen Mar 2016 #9

Wow, that's radical Recursion Mar 2016 #21

Great op. NCTraveler Mar 2016 #19

Dodd-Frank has no teeth. The fact she props it up tells me she has no intention to fix the banking. JRLeft Mar 2016 #25

So can you name the banks broken up under its auspices? Recursion Mar 2016 #26