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vantexan

Well-Known Member
the CEOs have a vested interest in short term profits leading to long term disaster which is what happened in 2008 along with the decades of deregulation leading up to it.
Has nothing to do with the Biden administration aiding and abetting illegal immigration.
 

vantexan

Well-Known Member
christianity is about defending the "least of ye"
We need to start with our own citizens. And we were letting in close to a million a year legally. Those people checked out. What's happening now is too many serious crimes are being committed by illegals. I know for a fact that Canada checks criminal backgrounds before people are allowed to just enter as tourists. What do you think would happen if Canada allowed millions in without checking and hundreds of thousands were criminals in their home country?
 

vantexan

Well-Known Member
the CEOs have a vested interest in short term profits leading to long term disaster which is what happened in 2008 along with the decades of deregulation leading up to it.
Have we recovered from 2008? The economy has its flaws, always does, but it wasn't destroyed.
 

rickyb

Well-Known Member
Have we recovered from 2008? The economy has its flaws, always does, but it wasn't destroyed.
i 2008 it was destroyed and wall street will do it again because they didnt reregulate them or jail the executives of the fraud

immigrants cant do that.
 

vantexan

Well-Known Member
i 2008 it was destroyed and wall street will do it again because they didnt reregulate them or jail the executives of the fraud

immigrants cant do that.
If the economy was destroyed exactly what is happening now? The economy was harmed. It recovered. There's no such thing as a perfect, nothing is ever bad economy. And all that striving to get a good stock price is what keeps the economy working. It's why the U.S. is the world's largest economy. Please point to the economies around the world that work better? Never said it's perfect. It is exploitive. But Wall Street and corporations have a vested interest in keeping it healthy. Politicians on the other hand interfere with laws that make it difficult at times to do business. That's the single biggest negative impact on the economy on a continual basis.
 

rickyb

Well-Known Member
If the economy was destroyed exactly what is happening now? The economy was harmed. It recovered. There's no such thing as a perfect, nothing is ever bad economy. And all that striving to get a good stock price is what keeps the economy working. It's why the U.S. is the world's largest economy. Please point to the economies around the world that work better? Never said it's perfect. It is exploitive. But Wall Street and corporations have a vested interest in keeping it healthy. Politicians on the other hand interfere with laws that make it difficult at times to do business. That's the single biggest negative impact on the economy on a continual basis.
sure we can use the word the economy was harmed instead of destroyed

no wall street doesnt have a vested interest as ive said. its short term profits and bonuses and long term banking failure and economic problems.

conservatives have a good phrase called "if it aint broke dont fix it". glass steagal wasnt broke. but its gone now. the economy was more productive before it became financialized too starting in the 1970s. real wages used to rise too.

here are some better economies - europe. australia. new zealand. maybe israel.
 

vantexan

Well-Known Member
sure we can use the word the economy was harmed instead of destroyed

no wall street doesnt have a vested interest as ive said. its short term profits and bonuses and long term banking failure and economic problems.

conservatives have a good phrase called "if it aint broke dont fix it". glass steagal wasnt broke. but its gone now. the economy was more productive before it became financialized too starting in the 1970s. real wages used to rise too.

here are some better economies - europe. australia. new zealand. maybe israel.
Those economies are all suffering, aren't better. And if you would just apply some logic...Wall Street needs a solid economy to reap the most profits. They aren't out to destroy nor are they destroying the market.
 

rickyb

Well-Known Member
Those economies are all suffering, aren't better. And if you would just apply some logic...Wall Street needs a solid economy to reap the most profits. They aren't out to destroy nor are they destroying the market.
i think their financial crisis was worse possibly because their banks were more leveraged than american.

i think wall street is out to destroy. vulture capitalists?
 
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