Bailout

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Bailout

Postby turtle » Mon Mar 12, 2012 5:27 pm

i have yet to talk with anyone who can say anything positive about those bailouts....what were we trying to prevent???....ijust dont understand....i just talked with someone who told me about general motors.
they seem to be back to business as usual with bonuses and they still owe us money...
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Re: Bailout

Postby James L Walker » Mon Mar 12, 2012 5:35 pm

turtle wrote:i have yet to talk with anyone who can say anything positive about those bailouts....what were we trying to prevent???....ijust dont understand....i just talked with someone who told me about general motors.
they seem to be back to business as usual with bonuses and they still owe us money...


The bailouts of 2008 was meant to hoodwink the general public and fill up the pockets of the bankers who caused the very crisis to begin with. As you can see it worked fantastically for them. Next!
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Re: Bailout

Postby Abstract » Mon Mar 12, 2012 6:55 pm

I honestly don't know what to think about the bailouts.... but what i hear from some is that by lending these companies money we basically prevented them from going under their by allowing the American economy to stay more or less stable and not be over-dominated by alternative foreign companies or something...
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Re: Bailout

Postby Abstract » Mon Mar 12, 2012 6:56 pm

i hear that there was something like an addition 14 trillion in bailouts performed secretly by the fed...
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Re: Bailout

Postby Moreno » Tue Mar 13, 2012 12:58 am

turtle wrote:i have yet to talk with anyone who can say anything positive about those bailouts....what were we trying to prevent???....ijust dont understand....i just talked with someone who told me about general motors.
they seem to be back to business as usual with bonuses and they still owe us money...
The idea can be local protection with no long term loss. In this case the government decides that it can loan a huge amount of money to a corporation and this will first save a lot of suffering - unemployed workers, sad CEO who perhaps take a couple of 10K off their next salary, investors who lose money - and then longer term the money will come back. This can be one rationale. Another is a domino theory. This corporation fails and given its hugeness and interconnections with other corporations, others will fail, perhaps dragging the whole country into a recession or worse. This happened recently. Some economists would argue that the bailouts prevents more lines of falling dominos that would have sent more whole countries into the waste basket.

Of course there are many ways to criticise this. One of the reasons for the recent problems is precisely that people were allowed to earn money with no risk while losing money for others. They know they are big enough to get bailouts.

There are other ways to come at these hypotheses, but I believe these are the main rationales.
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Re: Bailout

Postby Duality » Wed Mar 14, 2012 8:32 am

just prolonging the inevitable and decreasing the odds of future biological/sociological survival for the culprits. O:)
"A truth is not necessary, because we negatively are not able to conceive the actual existence of the opposite thereof;but a truth is necessary when we positively are able to apprehend that the negation thereof includes an inevitable contradiction. It is not that that we can see how the opposite comes to be true, but it is that the opposite can not possibly be true." -R.L. Dabney

"Those then who know not wisdom and virtue, and are always busy with gluttony and sensuality, go down and up again as far as the mean; and in this region they move at random throughout life, but they never pass into the true upper world; thither they neither look, nor do they ever find their way, neither are they truly filled with true being, nor do they ever taste of pure and abiding pleasure." -Socrates
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Re: Bailout

Postby turtle » Wed Mar 14, 2012 1:34 pm

so we are getting back to business as usual...
ad we will again reach a point where the banks will want a bailout...will we say again "too big to fail"?
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Re: Bailout

Postby James L Walker » Wed Mar 14, 2012 2:10 pm

Abstract wrote:i hear that there was something like an addition 14 trillion in bailouts performed secretly by the fed...


Correct! The FED bailed out their international pals too.

Some of the funds went missing also. Unknown misappropriatied funds my favorite ponzi term.
"The state calls its own violence law, but that of the individual crime."
-Max Stirner-


"Laws are made by governments and are enforced by violence." - Leo Tolstoy-

"I am a disciple of chaos. I like to watch civilization burn and despair." - By Me

"Propaganda of the deed." - Bonnot Gang 1912

"My father rode a camel. I drive a car. My son flies a jet airplane. My son's son will ride a camel just like my father before him."- Arab Peak Oil Proverb

"Civilization is nothing more than a globalized overly worshipped farm where the owners violently and oppressively domesticate other human beings like enslaved cattle enforcing the direction of their labors for their own individual profit."- Random Anarcho Primitivist
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Re: Bailout

Postby James L Walker » Wed Mar 14, 2012 2:16 pm

Duality wrote:just prolonging the inevitable and decreasing the odds of future biological/sociological survival for the culprits. O:)


Not really. These sort of people have ten houses all over the world with a secret island or safehouse that nobody knows about. Most will disappear and laugh themselves to sleep every night.
"The state calls its own violence law, but that of the individual crime."
-Max Stirner-


"Laws are made by governments and are enforced by violence." - Leo Tolstoy-

"I am a disciple of chaos. I like to watch civilization burn and despair." - By Me

"Propaganda of the deed." - Bonnot Gang 1912

"My father rode a camel. I drive a car. My son flies a jet airplane. My son's son will ride a camel just like my father before him."- Arab Peak Oil Proverb

"Civilization is nothing more than a globalized overly worshipped farm where the owners violently and oppressively domesticate other human beings like enslaved cattle enforcing the direction of their labors for their own individual profit."- Random Anarcho Primitivist
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Re: Bailout

Postby James L Walker » Wed Mar 14, 2012 2:18 pm

turtle wrote:so we are getting back to business as usual...
ad we will again reach a point where the banks will want a bailout...will we say again "too big to fail"?


Be rest assured that the bailout fraudsters will come back for some more with recent deplorable economical reports.

Many at this moment are trying to use back door loopholes in getting camouflaged bailouts so that the general public stays oblivious.
"The state calls its own violence law, but that of the individual crime."
-Max Stirner-


"Laws are made by governments and are enforced by violence." - Leo Tolstoy-

"I am a disciple of chaos. I like to watch civilization burn and despair." - By Me

"Propaganda of the deed." - Bonnot Gang 1912

"My father rode a camel. I drive a car. My son flies a jet airplane. My son's son will ride a camel just like my father before him."- Arab Peak Oil Proverb

"Civilization is nothing more than a globalized overly worshipped farm where the owners violently and oppressively domesticate other human beings like enslaved cattle enforcing the direction of their labors for their own individual profit."- Random Anarcho Primitivist
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Re: Bailout

Postby Duality » Wed Mar 14, 2012 8:51 pm

James L Walker wrote:
Duality wrote:just prolonging the inevitable and decreasing the odds of future biological/sociological survival for the culprits. O:)


Not really. These sort of people have ten houses all over the world with a secret island or safehouse that nobody knows about. Most will disappear and laugh themselves to sleep every night.


Ever seen Mad Max 2? O:)
"A truth is not necessary, because we negatively are not able to conceive the actual existence of the opposite thereof;but a truth is necessary when we positively are able to apprehend that the negation thereof includes an inevitable contradiction. It is not that that we can see how the opposite comes to be true, but it is that the opposite can not possibly be true." -R.L. Dabney

"Those then who know not wisdom and virtue, and are always busy with gluttony and sensuality, go down and up again as far as the mean; and in this region they move at random throughout life, but they never pass into the true upper world; thither they neither look, nor do they ever find their way, neither are they truly filled with true being, nor do they ever taste of pure and abiding pleasure." -Socrates
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Re: Bailout

Postby Moreno » Sun Mar 18, 2012 1:59 am

turtle wrote:so we are getting back to business as usual...
ad we will again reach a point where the banks will want a bailout...will we say again "too big to fail"?
We know they count on this. So the knowledge of bailout contributes to the damaging behavior. Nobody bailed me out when my personal economy crashed.
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Re: Bailout

Postby Stoic Guardian » Sun Mar 18, 2012 8:11 am

"it is impossible for a man to learn what he thinks he already knows."- Epictetus

"Generally speaking, the way of the warrior is resolute acceptance of death." - Miyamoto Musashi

“If you want a symbolic gesture, don't burn the flag; wash it.” - Norman Thomas

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Re: Bailout

Postby Abstract » Tue Mar 20, 2012 11:58 pm

Stoic Guardian wrote:

who is that i want the cd...?
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Re: Bailout

Postby Stoic Guardian » Wed Mar 21, 2012 3:00 am

It's Immortal Technique the Album is "Martyr" and it's free.
"it is impossible for a man to learn what he thinks he already knows."- Epictetus

"Generally speaking, the way of the warrior is resolute acceptance of death." - Miyamoto Musashi

“If you want a symbolic gesture, don't burn the flag; wash it.” - Norman Thomas

"Wars are to be won with swords and spears, not with rice and salt."- Uesegi Kenshin
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Re: Bailout

Postby Abstract » Wed Mar 21, 2012 3:13 am

Stoic Guardian wrote:It's Immortal Technique the Album is "Martyr" and it's free.

where do i get it?
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Re: Bailout

Postby Stoic Guardian » Wed Mar 21, 2012 3:19 am

On the internet
"it is impossible for a man to learn what he thinks he already knows."- Epictetus

"Generally speaking, the way of the warrior is resolute acceptance of death." - Miyamoto Musashi

“If you want a symbolic gesture, don't burn the flag; wash it.” - Norman Thomas

"Wars are to be won with swords and spears, not with rice and salt."- Uesegi Kenshin
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Re: Bailout

Postby Abstract » Wed Mar 21, 2012 3:34 am

:evil:
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Re: Bailout

Postby Stoic Guardian » Wed Mar 21, 2012 3:36 am

Try Viper Records .com
"it is impossible for a man to learn what he thinks he already knows."- Epictetus

"Generally speaking, the way of the warrior is resolute acceptance of death." - Miyamoto Musashi

“If you want a symbolic gesture, don't burn the flag; wash it.” - Norman Thomas

"Wars are to be won with swords and spears, not with rice and salt."- Uesegi Kenshin
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Re: Bailout

Postby Abstract » Wed Mar 21, 2012 4:09 am

I used pirate bay...
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Re: Bailout

Postby Abstract » Wed Mar 21, 2012 4:38 am

do you know of any other rap like that
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Re: Bailout

Postby Stoic Guardian » Wed Mar 21, 2012 4:39 am

Abstract wrote:do you know of any other rap like that


Like that? What specifically?
"it is impossible for a man to learn what he thinks he already knows."- Epictetus

"Generally speaking, the way of the warrior is resolute acceptance of death." - Miyamoto Musashi

“If you want a symbolic gesture, don't burn the flag; wash it.” - Norman Thomas

"Wars are to be won with swords and spears, not with rice and salt."- Uesegi Kenshin
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Re: Bailout

Postby FilmSnob » Wed Mar 21, 2012 5:22 am

Immortal Technique... Whats the album where there is a wall with a picture and a bunch of bullet holes? IT is at his best when ranting without a specific political purpose in mind.

EDIT

No picture, but this seems to be the one. I think this is my favourite track from him:

There are no rappers like IT, but you can try Cannibus and Diabolic.

EDIT2

nonononononono no no no.

This is the one
Last edited by FilmSnob on Wed Mar 21, 2012 5:29 am, edited 1 time in total.
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Re: Bailout

Postby Abstract » Wed Mar 21, 2012 5:25 am

Stoic Guardian wrote:
Abstract wrote:do you know of any other rap like that


Like that? What specifically?

political... that is not talking about bitches or ganging...
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Re: Bailout

Postby FilmSnob » Wed Mar 21, 2012 5:29 am

Mos def?
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