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@CeceliaHolland @Scroogie The failing banks should have been nationalized. Management should have been replaced, assets liquified, etc.
To ease liquidity, new banks should have been created by the government. For S500 billion (a fraction of the 4 trillion spent by the Fed) you could lever the new banks at 10 to 1, creating $5 trillion of money that could be lent into the economy.
Once they are up and running and the crisis has passed, the government could then sell off the new banks to investors.
It's easy, but it would require cronies and insiders to take the fall (which they deserve) and because they didn't take the fall, this is evidence that our government has been captured in 2008 by a "soft" coup of oligarchs.
2 weeks ago on Conversation @ http://www.newrepublic.com/article/121077/2016-gop-candidates-have-rand-pauls-views-federal-reserve
What kind of bizarro world do we live in where the Central Bank has crushed savers and retirees with low interest rates, and gifted this money to the richest of the richest financiers, all in the name of a "trickle down" scheme that has decimated the nation's middle class and enriched the 1%.
And yet, this gift to the rich is supported by so-called liberals (usually defenders of labor) and hated by the so-called right (usually pro-business).
It's crazy and I am very afraid.
At least the author isn't going on about how Obama is a socialist. Obama a CORPORATIST just like his pals Hillary and Jeb.
There will be no change and no hope until junk eating Americans figure out it's monopolies, cartels, and mega banks that are the true enemy.
Until then Americans have the government they deserve.
2 months ago on Clinton v. Bush 2016: The Wake-Up Call That Could Puncture America’s Zombie Rapture
They can never "normalize" now because this will take down the world economy, governments, and social services. If this happens central banking will take the blame (and rightly so) so normalcy is an existential threat to the Fed and it's Wall Street masters. An existential threat means they are dug in for battle. Battle of course means war.
Policy levers will be "stuck at emergency levels" until the policy levers are pried from the hands of central bankers.
2 months, 1 week ago on The Fed Is Heading For Another Catastrophe—-Replaying The Same 2004-2006 ‘Incrementalist’ Script That Nearly Blew-Up The World
They are probably not done yet, but it's Interesting how the Dodger brass seems to be emphasizing defense and pitching. Looking at Kemp's second half last season, he's a pretty good bet to have a monster year next season. But he's a butcher in the field and this hurts his WAR. They know this, and would rather lose the bat for an upgrade at catcher and pitch framing. Interesting.
2 months, 3 weeks ago on Report: Dodgers trade Kemp, FedEx to Padres for Grandal, Wieland, Eflin
Great trade for us. On the other hand, I can't understand why the Marlins would do this trade.
Did all the nerds flee Miami?
2 months, 3 weeks ago on Dodgers trade Dee, Haren to Marlins for Heaney, Hatcher, 2 prospects
What? Shopping Dee Gordon? Attempting to sell high on a speedy player with low obp and one good half season?
I love this front office.
2 months, 3 weeks ago on Winter Meetings Day Two: Matt Kemp Getting Closer To Not Being A Dodger
After seeing a thin skinned owner bow to a malicious press and fire the progressive Depodesta and then hire the regressive Colletti,
this is the revenge of the nerds!
And I mean that in the best possible way. I'm excited
4 months ago on Rejoice! Dodgers To Hire Farhan Zaidi as GM
Have a fucking pitcher pinch run!!!! Idiot!!!!!!!!
4 months, 4 weeks ago on 2014 NLDS Game 4, Part 2
Baez? Mattingly so freakin' rigid. He doesn't have an ounce of creativity.
I can't believe I paid $70 to upgrade my cable package to view this series.
I feel like vomiting. Seriously feel like vomiting
We need to fix the mound now.
CK is going to clamp them down this time.
Crawford should bat leadoff
4 months, 4 weeks ago on Dodgers @ Cardinals Oct. 7, 2014: NLDS Game 4, Also DOOM
Honestly I'm glad he's not out running the bases.
CK is on a mission!
@Super Catfishin Turbo HD Remix Or his butt
Someday MLB is gonna' wake up to the fact that umpires are missing a significant amount of calls.
IF he's safe there's gonna' be pandemonium
Here we go.
We're still at commercial!!!!!
This whole series the ball bounces the Cards way -- literally!
wtf!!!!!!!! Review it!!!!!!
Turner is our best chance for winning.
I'm taking a drink whenever "shadows" is mentioned.
I'm drunk now.
@TellMyWifeISaidHello @Scroogie Lasorda did it in 88. So piss off.
4 months, 4 weeks ago on Dodgers @ Cardinals Oct. 6, 2014: NLDS Game 3, Ryu vs. Lackey
Like Hershieser in 88, Kershaw and Grenkie should be brought in to pitch an inning in relief on their bull pen session days between starts. Bring those guys in to shut down a batter or two.
I wish Mattingly was smart enough to pull off something like this.
@FantasticFlex A double homer!!!!!
The management has it all wrong. Like Hershieser back in 88, Kershaw should be coming in to relieve a inning instead of starting on short rest.
You know..... yeah!
As long as we're talking front office, I was surprised the new owners kept Ned. Always a good idea to clean house and put a new stamp on things.
Thank God the Cards didn't read the scouting report on Crawford.
@Matt Kemp's Bath Towel @BehindOrangeLines
So what did I miss? LOL.
5 months ago on NLDS Game 2, Part 2: Zack Greinke’s game, so far
Ok Costas where are the Dodger platitudes.
@Mike Petriello I was going to like this but I don't.
I just don't want to hear any Cardinal platitudes from Bob Costas! Shuddup!!!
Mattingly can't catch a break He leaves Kersh in and gets hammered. He takes out Grienke and gets hammered. Damn!!!
@brincon Robot umpires now!
5 months ago on Cardinals @ Dodgers Oct. 3, 2014: NLDS Game 1, Wainwright vs. Kershaw
The Giants should just forfeit already.
5 months, 1 week ago on Giants @ Dodgers Sept. 24, 2014: Kershaw Goes For the Clincher
No one wants to sit next to Larry King.
Butera is warming up in the pen. ;)
Man, I can throw better than Dominguez and I suck.
Replace the umpires with robots. Now.
5 months, 2 weeks ago on Dodgers @ Rockies, Sept. 16, 2014: Dan Haren Needs 11 Innings
@Blue Collar Sigh.... Jason Werth... Colletti just had to let him go....
6 months ago on Dodgers Add Five Players, Headlined By Pederson And Guerrero