Guns and Banks - GoFuckYourself.com

sperbonzo · 08-24-2012, 06:06 AM

Only with the government acting as a full partner in the banks activities. By itself, a bank that tries to pull hyper-risky behaviour can't do much, since the free market will kill it off rather quickly without government protection. It should read, "Give a man a bank, and government officials that will regulate his competition out of existance, and then help him to offset his risks through government agencies, and then when all else fails, bail him out with tax payer money, can rob the world."

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u-Bob · 08-24-2012, 06:29 AM

Quote:

Originally Posted by sperbonzo

Only with the government acting as a full partner in the banks activities. By itself, a bank that tries to pull hyper-risky behaviour can't do much, since the free market will kill it off rather quickly without government protection. It should read, "Give a man a bank, and government officials that will regulate his competition out of existance, and then help him to offset his risks through government agencies, and then when all else fails, bail him out with tax payer money, can rob the world."

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wehateporn · 08-24-2012, 07:33 AM

Quote:

Originally Posted by sperbonzo

Only with the government acting as a full partner in the banks activities. By itself, a bank that tries to pull hyper-risky behaviour can't do much, since the free market will kill it off rather quickly without government protection. It should read, "Give a man a bank, and government officials that will regulate his competition out of existance, and then help him to offset his risks through government agencies, and then when all else fails, bail him out with tax payer money, can rob the world."

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I like the way you explained that Sperbonzo

Once the bank has enough money they can start buying up the government

sperbonzo · 08-24-2012, 07:46 AM

Quote:

Originally Posted by wehateporn

I like the way you explained that Sperbonzo

Once the bank has enough money they can start buying up the government

Sure, but that is only useful if we allow the government the power to regulate the free market in order to destroy competition, create agencies that can take on banking risk, and use our money to bail out cronyists.

If government did not have that power, then it would make no sense for the banks to try to buy it up, since it would do them no good.

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wehateporn · 08-24-2012, 08:22 AM

Quote:

Originally Posted by sperbonzo

Sure, but that is only useful if we allow the government the power to regulate the free market in order to destroy competition, create agencies that can take on banking risk, and use our money to bail out cronyists.

If government did not have that power, then it would make no sense for the banks to try to buy it up, since it would do them no good.

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08-24-2012, 03:20 AM	#1
wehateporn Promoting Debate on GFY Industry Role: Join Date: Apr 2007 Posts: 27,173	Guns and Banks __________________ Sexy Girls Teasing

08-24-2012, 06:06 AM	#2
sperbonzo I'd rather be on my boat. Industry Role: Join Date: May 2003 Location: Miami, FL Posts: 9,748	Only with the government acting as a full partner in the banks activities. By itself, a bank that tries to pull hyper-risky behaviour can't do much, since the free market will kill it off rather quickly without government protection. It should read, "Give a man a bank, and government officials that will regulate his competition out of existance, and then help him to offset his risks through government agencies, and then when all else fails, bail him out with tax payer money, can rob the world." . __________________ Michael Sperber / Acella Financial LLC/ Online Payment Processing [email protected] / http://Acellafinancial.com/ ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber