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Old 11-03-2011, 06:34 AM
  #11  
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Originally Posted by jcaplins

So the unspoken bottomline of the article. Dodd-Frank and other government interference in banking has destroyed banking. Probably Mr. Franks objective from the get go. Sen Dodd was just in it for the money.

Butt not the lesson that will be learned.

In other news: http://news.yahoo.com/freddie-mac-re...124449542.html
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Old 11-03-2011, 09:46 AM
  #12  
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Originally Posted by jcaplins
And from this you surely think that they would not notice a mass run by a majority to withdraw their money?
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Old 11-03-2011, 12:36 PM
  #13  
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Originally Posted by jungle
And from this you surely think that they would not notice a mass run by a majority to withdraw their money?

I wrote: “not necessarily”… so I surely don’t anything.
If it’s paper money you’re talking about, they would notice; that’s just a matter of having the cash on hand. But as for actual deposits… Maybe, maybe not.

Depending on whose reports you look at… If the bottom 50% of citizens only control 2% of the wealth… then I think the answer would be no, they may not care. But then that would depend on who’s in that majority making the run.

Of course this is oversimplifying things and the link was only providing an opposing point to your statement. The “not necessarily” doesn’t paint me into a corner.
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Old 11-03-2011, 01:20 PM
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Originally Posted by jcaplins
I wrote: “not necessarily”… so I surely don’t anything.
If it’s paper money you’re talking about, they would notice; that’s just a matter of having the cash on hand. But as for actual deposits… Maybe, maybe not.

Depending on whose reports you look at… If the bottom 50% of citizens only control 2% of the wealth… then I think the answer would be no, they may not care. But then that would depend on who’s in that majority making the run.

Of course this is oversimplifying things and the link was only providing an opposing point to your statement. The “not necessarily” doesn’t paint me into a corner.
The real point is that if you don't like what a bank is doing don't do business with it, and don't think it is going to change things much.

What does OWS want? Redistribution of income and wealth. No other stated goals or policies.
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Old 11-03-2011, 01:46 PM
  #15  
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Originally Posted by jungle
What does OWS want? Redistribution of income and wealth. No other stated goals or policies.
In that case, they deserve no points for originality. This guy had a more comprehensive program and ran a neater campground.

http://www.ravenmimura.com/images/fu...hanDetail1.jpg
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Old 11-03-2011, 01:54 PM
  #16  
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I don't know about anybody else, but my husband and I have been putting our money into the First National Bank of Sealy Posturepedic for years and especially now when even credit unions pay 0.5% interest on a jumbo CD. During one of our famous gloomy, rainy, dark Fall days in the Pacific Northwest, I take comfort in that lump on the bed. My only concern is that my little dog might find said lump and chew it up to pieces.
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Old 11-03-2011, 04:05 PM
  #17  
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Originally Posted by vagabond
I don't know about anybody else, but my husband and I have been putting our money into the First National Bank of Sealy Posturepedic for years and especially now when even credit unions pay 0.5% interest on a jumbo CD. During one of our famous gloomy, rainy, dark Fall days in the Pacific Northwest, I take comfort in that lump on the bed. My only concern is that my little dog might find said lump and chew it up to pieces.


My point is: Ing(v)est (in) beer.
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Old 11-05-2011, 03:59 PM
  #18  
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Looks like unification went out the window .
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Old 11-05-2011, 04:30 PM
  #19  
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Dang, I shouldn't have thrown away those cans of "fluid" I've consumed all these years after all.
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Old 12-01-2011, 05:21 PM
  #20  
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Interesting take on OWS by Adam Carolla -Edited version-2 versions of this on youtube.
Someone finally telling it like it is.

Adam Carolla Rant OWS CLEAN VERSION - YouTube


Ally
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