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Spain bank bailout "a much better deal for the banks...than...taxpayers."

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13 Jun 2012 10:22 #89677 by chairman
Shocker: Spain bank bailout "a much better deal for the banks...than...taxpayers." www.nytimes.com/2012/06/13/business/glob...holding-the-bag.html

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13 Jun 2012 10:22 #89678 by chairman
Protesters disrupt opening of hearing on JPM's trading losses chanting "stop foreclosures now."

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13 Jun 2012 10:44 #89682 by mapoui
all the bailout money goes as a loan onto the national debt does it not?

if so the banks always win.  all the bailouts do is pile debt upon debt on the backs of the people.

its a fraud and a sham all this bailout talk and action..as if its going to be some kind of benefit and cure for the economic problems caused by debt.  how does more debt solve  a problem caused by more debt in the first place?

and why must the nation borrow money to pay the losses of banks..which is what the bailouts are all about...taking on the bank losses as public debt?

LET THE BANKS FAIL!  LET THEM GO BANKRUPT AND START AGAIN...BUT NOT BEFORE ARRESTING ALL THOSE INVOLVED FOR MAJOR FINANCIAL FRAUD, TRYING THEM AND SENDING THEM TO JAIL FOR LIFE NEVER TO HAVE INFLUNECE IN FINANCIAL MATTERS AGAIN.

anything else it pure naked insanity that will make social life everywhere immeasurably awful soon enough :angry:

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13 Jun 2012 10:49 #89683 by chairman
your boy barrack bauil out all the big banks but the poor homeowners went bankrupt

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13 Jun 2012 11:09 #89685 by chairman
Jamie Dimon: The financial system is safer than it was five years ago.

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13 Jun 2012 11:23 #89688 by mapoui
when was barack my bwoy?  who gave him to me?  :shocked:

deh din arks me first. :huh:

I dont want dat skunt for any reason. :angry: :angry:  not even for free! ::rofl:: ::rofl:: ::rofl::

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13 Jun 2012 11:39 #89690 by mapoui

yu know what your problem is in this issue..you cyar be honest with yourself.

it is impossible for a debt based financial system to be anything but unstable, fraudulent, exploitative and ultimately catsatrophic.

by now yu mus' know this for sure

but if you like it..the debt system, profited from it, live sweetly now on it..dat does not mean it is not as it is..as described above..

everything must change man.  there is no alternative option to change..unavoidable.  it may be possible to choose between the change options but change must take place.

so yu wud be better off looking at your options for the future..or THE options for the future rather than defending the indefensible

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