Syria

[Nesikep]

So we let them fail, then what??? The losses would have been many times larger than what the bailout cost and felt from the bank board room to your living room in real time real dollars and would have affected much more than your 401-k.

But isn't that the point of capitalism? To let the businesses that make bad decisions fail and those that make good decisions prosper? I have always been taught, and read a lot on here, that capitalism is a Darwinian enterprise: it's sink or swim. I have always wondered how bad off we'd have been if the banks had failed or if it was just a really good PR job done by their lobbyists?

The banks all paid it back, with interest. Some banks were forced to take the money so no one could differentiate the winners from the losers.

Bail Out = $622.5B
Paid Back = $708.3B

https://projects.propublica.org/bailout/

What about the HUGE cost outside of direct bailouts? like infrastructure building just for the sake of creating jobs, what about the losses all the people went through? That money went into shareholder profits when times were good and the public got the debt

 

[Aaron]

So we let them fail, then what??? The losses would have been many times larger than what the bailout cost and felt from the bank board room to your living room in real time real dollars and would have affected much more than your 401-k.

But isn't that the point of capitalism? To let the businesses that make bad decisions fail and those that make good decisions prosper? I have always been taught, and read a lot on here, that capitalism is a Darwinian enterprise: it's sink or swim. I have always wondered how bad off we'd have been if the banks had failed or if it was just a really good PR job done by their lobbyists?

I'm with you. Rather than bailout, it should have been a disaster for those who caused it and a wake-up call for those who could possibly survive. Instead, they just taught an entire generation that there is no negative consequence for your poor judgement as government will have your back. The next collapse will see every business and institution come with their handout as America marches it's way to socialism.

 

[Nesikep]

Yep, I think Iceland had the right idea!

 

[Cross-7]

And then there is this
Any truth to it ?

https://m.facebook.com/story.php?story_ ... 7575425428

 

[Farm Fence Solutions]

I guess I missed most of the bruha this time (I was in Arkansas since last Friday)
CB touched on the problems in that region, but they go a lot further than just ideologies, and Shaz mentioned arrested development... Economically, it is a very modern region, tho a contrast of very rich and very poor peoples all thrown in together, and there are other parts of the world that seemingly have the problems making it into the 21st century. Mexico and some of the central/south American countries come to mind.

That is what I see. The rich ones that own a lot of the race horses in Lexington are not out setting bombs. They are more likely coveting Lexington's finest thoroughbreds ;-) . If your belly is full, you got money to burn and a place like Lexington to party in, then, you are not going to be out putting your life at risk. The extremism is a lot to do with disenchantment.

UBL was a rich kid. Didn't seem to slow his extremism down any. But, in general, I would agree.

 

[True Grit Farms]

And then there is this
Any truth to it ?

https://m.facebook.com/story.php?story_ ... 7575425428

I find that article interesting, just look what happened to the fuel prices since the bombings. Assad has supposedly been killing his people off for years now, and even the liberals were up in arms about him. Good bad or otherwise, our POTUS sent a strong message to the rest of the world.

 

[HDRider]

But isn't that the point of capitalism? To let the businesses that make bad decisions fail and those that make good decisions prosper? I have always been taught, and read a lot on here, that capitalism is a Darwinian enterprise: it's sink or swim. I have always wondered how bad off we'd have been if the banks had failed or if it was just a really good PR job done by their lobbyists?

The banks all paid it back, with interest. Some banks were forced to take the money so no one could differentiate the winners from the losers.

Bail Out = $622.5B
Paid Back = $708.3B

https://projects.propublica.org/bailout/

What about the HUGE cost outside of direct bailouts? like infrastructure building just for the sake of creating jobs, what about the losses all the people went through? That money went into shareholder profits when times were good and the public got the debt

Those crony jobs were wrong. I agree.

 

[HDRider]

But isn't that the point of capitalism? To let the businesses that make bad decisions fail and those that make good decisions prosper? I have always been taught, and read a lot on here, that capitalism is a Darwinian enterprise: it's sink or swim. I have always wondered how bad off we'd have been if the banks had failed or if it was just a really good PR job done by their lobbyists?

The banks all paid it back, with interest. Some banks were forced to take the money so no one could differentiate the winners from the losers.

Bail Out = $622.5B
Paid Back = $708.3B

https://projects.propublica.org/bailout/

Actually only about half of it has been paid back by the banks. The remainder of that 700B is earnings off the repayments once received by the treasury. True the gov't is making a profit however, many of those banks still owe billions.

I stand corrected..

968 = Recipients
$623B = Total disbursement
$390B = Total returned
$318B = Total revenues from dividends, interest, and other fees
$85.8B = Total net to date (Profit to US Government)

https://projects.propublica.org/bailout/list/simple

 

[Rafter S]

They're best flavor is chocolate chip cookie dough. Hands down. Anyone that doesn't agree is a heathen.

I've been called that before, I like the butter pecan myself.

Before I got refuting either one of you, I need to sample it again. Just to be sure you're not both right.

Thanks a lot. Every time I just about get over grieving that Dairy Queen discontinued the Snickers Blizzard someone mentions ice cream, and the pain and sense of loss all comes crashing back.

 

[TennesseeTuxedo]

I've been called that before, I like the butter pecan myself.

Before I got refuting either one of you, I need to sample it again. Just to be sure you're not both right.

Thanks a lot. Every time I just about get over grieving that Dairy Queen discontinued the Snickers Blizzard someone mentions ice cream, and the pain and sense of loss all comes crashing back.

:shock:
Say it ain't so!

 

[M-5]

http://www.southerncraftcreamery.com/our-flavors/

bourbon buttered pecan

 

[greybeard]

I've been called that before, I like the butter pecan myself.

Before I got refuting either one of you, I need to sample it again. Just to be sure you're not both right.

Thanks a lot. Every time I just about get over grieving that Dairy Queen discontinued the Snickers Blizzard someone mentions ice cream, and the pain and sense of loss all comes crashing back.

I sometimes make these with my malt mix machine--you can use a blender too:
http://fustany.com/en/lifestyle/the-kit ... ard-recipe

(hint--chill the snickers bar some, to make it easier to chop up--and use COLD milk or cream)

 

[Rafter S]

Before I got refuting either one of you, I need to sample it again. Just to be sure you're not both right.

Thanks a lot. Every time I just about get over grieving that Dairy Queen discontinued the Snickers Blizzard someone mentions ice cream, and the pain and sense of loss all comes crashing back.

I sometimes make these with my malt mix machine--you can use a blender too:
http://fustany.com/en/lifestyle/the-kit ... ard-recipe

(hint--chill the snickers bar some, to make it easier to chop up--and use COLD milk or cream)

Thank you GB. I'll have to try that. I'm not too familiar with the selection of kitchen gadgets at the house but hopefully we have a blender. If not I may go buy one.

 

[TexasBred]

The banks all paid it back, with interest. Some banks were forced to take the money so no one could differentiate the winners from the losers.

Bail Out = $622.5B
Paid Back = $708.3B

https://projects.propublica.org/bailout/

Actually only about half of it has been paid back by the banks. The remainder of that 700B is earnings off the repayments once received by the treasury. True the gov't is making a profit however, many of those banks still owe billions.

I stand corrected..

968 = Recipients
$623B = Total disbursement
$390B = Total returned
$318B = Total revenues from dividends, interest, and other fees
$85.8B = Total net to date (Profit to US Government)

https://projects.propublica.org/bailout/list/simple

That's what I said....and what is the unpaid balance on these loans?? Another $233 Billion. :nod:

 

[hurleyjd]

During the savings and loan debacle several years ago. The Government would take all of the bad loans from a bank and give it to you fore nothing if you had the right connections.

 

[backhoeboogie]

http://www.southerncraftcreamery.com/our-flavors/

bourbon buttered pecan

That's another one I'd have to sample. Guess I need to get busy.

 

[backhoeboogie]

During the savings and loan debacle several years ago. The Government would take all of the bad loans from a bank and give it to you fore nothing if you had the right connections.

They took Blue Bell off of the shelf too. I wonder what type of ice cream you can buy in Syria?

 

[Jogeephus]

During the savings and loan debacle several years ago. The Government would take all of the bad loans from a bank and give it to you fore nothing if you had the right connections.

They took Blue Bell off of the shelf too. I wonder what type of ice cream you can buy in Syria?

I may be able to tell you this summer because I'm considering going there on vacation. Sounds like a lovely place. My palestinian travel agent suggested my renting a room at the Qal'at Ja'bar which is right on Lake Assad and he tells me there is some of the best catfishing in the world just a short walk from the villa not to mention some fantastic micro-breweries and BBQ joints within a short walk through some lush pasture. It sounds almost to good to be true and I'm sure there will be a Baskin Robbins of the sort something close by.

 

[Bright Raven]

During the savings and loan debacle several years ago. The Government would take all of the bad loans from a bank and give it to you fore nothing if you had the right connections.

They took Blue Bell off of the shelf too. I wonder what type of ice cream you can buy in Syria?

I may be able to tell you this summer because I'm considering going there on vacation. Sounds like a lovely place. My palestinian travel agent suggested my renting a room at the Qal'at Ja'bar which is right on Lake Assad and he tells me there is some of the best catfishing in the world just a short walk from the villa not to mention some fantastic micro-breweries and BBQ joints within a short walk through some lush pasture. It sounds almost to good to be true and I'm sure there will be a Baskin Robbins of the sort something close by.

Jo,

I been there a couple times. Qal'at Ja'bar is one of the most amazing places I have visited. Assad had me over to custom AI some of his famous Simmentals. He saw my cattle on Cattle Today. Contacted me through an intimediary. Invited me over to AI his girls and rewarded me handsomely.

I caught catfish until my arm gave out. He had me back last summer. It was all good until Trump came into office. Now, Assad wants nothing to do with Americans.
I would be very cautious on your upcoming vacation. It might be a trap. Although, a week at the castle might be worth it.

PS: The microbrews are worth dying for.

 

[dun]

During the savings and loan debacle several years ago. The Government would take all of the bad loans from a bank and give it to you fore nothing if you had the right connections.

They took Blue Bell off of the shelf too. I wonder what type of ice cream you can buy in Syria?

I may be able to tell you this summer because I'm considering going there on vacation. Sounds like a lovely place. My palestinian travel agent suggested my renting a room at the Qal'at Ja'bar which is right on Lake Assad and he tells me there is some of the best catfishing in the world just a short walk from the villa not to mention some fantastic micro-breweries and BBQ joints within a short walk through some lush pasture. It sounds almost to good to be true and I'm sure there will be a Baskin Robbins of the sort something close by.

Just make sure it;s upwind from all the hog farms