J-Texas wrote on Sat, 29 March 2008 07:40 |
Survival of the fittest? |
Jay Kadis wrote on Sat, 29 March 2008 08:45 | ||
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mgod wrote on Sat, 29 March 2008 08:47 | ||||
Then it becomes communism. DS |
J-Texas wrote on Sat, 29 March 2008 10:40 |
It's not just the idiots. |
RPhilbeck wrote on Sat, 29 March 2008 21:27 | ||
Yes it is absolutely just the idiots. The idiot banks making loans to people who don't deserve a loan, and the idiot borrowers taking loans they know they cannot pay back. Now the rest of us, who did not make stupid decisions, get to bail these idiots out. I am tired of bailing out the idiots. There has got to be a penalty for stupid decisions. Otherwise, people will continue to do whatever they please with the expectation that the rest of us will bail them out. |
RPhilbeck wrote on Sat, 29 March 2008 22:27 | ||
Yes it is absolutely just the idiots. The idiot banks making loans to people who don't deserve a loan, and the idiot borrowers taking loans they know they cannot pay back. |
John Ivan wrote on Sat, 29 March 2008 14:33 |
These regulatory inefficiencies may serve to detract from U.S. capital markets competitiveness. |
J-Texas wrote on Sat, 29 March 2008 19:25 | ||
Ok. More regulation will add to competitiveness? Is that what this is saying? It is the competitiveness that got us into this trouble. Lenders paying off brokers, brokers sticking it to the borrowers with higher rates. At least it will be fair competitiveness. With the lenders and brokers having to divulge their yield-spread premiums... it would help pull the wool off the eyes. These aren't new practices. I don't agree with giving the Fed more power to regulate our economy. If the Fed was acting in the best interest of the US economy, it would have suggested to the Treasury to take action a lot sooner than this. Mergers. Acquisitions. This country is going to be owned by monopolies in each industry pretty soon. A handful of companies and a million different brands to choose from. |
John Ivan wrote on Sat, 29 March 2008 19:12 |
...what is seen by many to be an inappropriate use of the discount window by the Fed... |
J-Texas wrote on Sat, 29 March 2008 16:25 | ||
Ok. More regulation will add to competitiveness? Is that what this is saying? It is the competitiveness that got us into this trouble. Lenders paying off brokers, brokers sticking it to the borrowers with higher rates. |