the government making the banks an offer they cant refuse

Discussion in 'Fight Club' started by rbohm, Oct 16, 2008.

  1. rbohm Founding Member

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    our government is strong arming the biggest banks to accept partial government ownership. what do you guys think about this? discuss.
    rbohm, Oct 16, 2008
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  2. jikelly Well-Known Member

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    It could turn out well, or it could be a disaster. I personally have no problem with the gov buying banks. That should make the banks more accountable and subject to greater oversight,
    jikelly, Oct 16, 2008
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  3. Strype Cuthbert catcher

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    I don't think the gov't should own chit except the basics. To live you need electricity, water, education (yea I know I know), roads, drainage, traffic lights, signs.

    You can keep your money under a mattress.
    Strype, Oct 16, 2008
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  4. jikelly Well-Known Member

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    This brings up an interesting question. Why does our government have to borrow money at interest. Why can't they just print the stuff at will?

    I ask because last week my boss who is one of those anti Fed people got me to watch this video. Take a look and see what you think. It is kinda long though.

    Money As Debt
    jikelly, Oct 16, 2008
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