Strip malls and mom and pop's sink or swim without govt involvement. Financial institutions lend money for all economic growth and expansion. They were deregulated and allowed to do what they wanted to do and look what happened. AIG's corruption would have destroyed our economy if they were not bailed out. The sad part is that it was business as usual when they got our money.
Has anyone seen a home equity loan commercial lately? Borrowing against your own theoritical money? Great idea. I remember those, every commercial segment, 8 years ago. We used to lay bets on what would be more during a program, Enzyte commercials or home equity loans...They both turned out to be BS...
not sure how that is any of our business. internal issue for these companies. not your concern. buy stock in companies that you think are run properly.
well i am glad somebody was paying attention. the ethical framework that corrects this behavior is not regulation but allowing failure. thats how evolution has always worked.
Ha Ha...your are the little devil that sits on my right shoulder and Red is the little devil that sits on my left..... I don't disagree that business should sink or swim on its own but when something so big fails that it would cause a chain reaction that affects the entire economy, that needs something a bit more preventative. I can't have my money bailing them out.
If it's truly called the "99% movement" why are they only attacking corporate greed? Are all the 1% evil rich a part of Wall Street? Aren't many actors, athletes, tv personalities, and politicians part of the top 1%? Why aren't they being attacked? Why do people like Al Gore and Oprah Winfrey get free passes? Why...because it's political! Greed has always existed and this isn't the first time we've had disparity in income. The timing has nothing to do with "finally" getting organized. They could've done this 1-5-10-25-50 years ago. It's happening now because your beloved leader is failing miserably. This is just another attempt to shift the focus from failed policies and assign the blame to someone else. The Tea Party was fed up with spending and an administration who claimed bi-partisanship while shoving everything down our throats. People were tired of the Oval Office, Senate, and House all run by the same party. They helped make a positive change. What does this group hope to accomplish? Are we going to steal the money from the 1% and distribute to the other 99%? Of course not...they'll simply steal some of it and funnel into their supporters pockets. All of this is due to an administration which is completely clueless.
you might not have any confidence, but i do. if i wanted to be uber wealthy i could be. but i am lazy. i am happy with the money i have. i lack riches because i lack drive, not because the rich fat cats are keeping me down. the path to vast riches was always clear. go to a good school, get the right internship, join the right fraternity, join the proper law firm. easy. the opportunity is there, even for you, if you wanted it. if you and i are happy just to be ordinary fellas, not uber wealthy, that is our choice. you need to get this idea out of your head that the rich get rich at the expense of others. do you think for instance that stece jobs is rich and therefore some other dude is poor? well the opposite is true. he is rich and he made us a little richer for offering us his lovely products. he has money, we have ipads. we both won. thats free enterprise.
Marxist wanna be's will never grasp this concept. Liberal politicians will always buy votes with other peoples money. All politicans will get rich flupin everyone and anyone. That's life.
No, you couldn't. Please tell me where I said that, oh wise one. You really need to stop making assumptions about what other people think because you are making a bigger ass out of yourself.