The primary occupation of the human species is [ugh] — commerce. Global interdependence weirdly combined with global competition makes for a very, very complicated world.
All countries subsidize their commerce – regardless of which ism their government professes to. That don’t make it right.
The U.S. government could take the extreme moral stand, and declare that we will no longer guarantee American businesses against catastrophic failure, whilst every other government backs theirs, likely causing a global depression. We’re in the moral quandary business, too.
The problem is the periodic lobotomy people give themselves so they forget, in this instance, what caused 2008, what caused the S&L crisis, why Penn Square failed.
I am trying to remember back to 2008. There was a memo written by bankers circulated that basically said – they have to bail us out or they will have millions of people out of work. It was compared to a bank hold up note.
• Thomas about 1 year ago
The primary occupation of the human species is [ugh] — commerce. Global interdependence weirdly combined with global competition makes for a very, very complicated world.
All countries subsidize their commerce – regardless of which ism their government professes to. That don’t make it right.
The U.S. government could take the extreme moral stand, and declare that we will no longer guarantee American businesses against catastrophic failure, whilst every other government backs theirs, likely causing a global depression. We’re in the moral quandary business, too.
Free or Not? Premium Member about 1 year ago
Well done Mr. Carrol. Hard Truth. This is a bailout to rich cronies. No matter how you dress it up.
face.less_b about 1 year ago
He’s wearing a turbine. Is he Muslim?
thelordthygod666 about 1 year ago
The problem is the periodic lobotomy people give themselves so they forget, in this instance, what caused 2008, what caused the S&L crisis, why Penn Square failed.
GaryCooper about 1 year ago
Nice allusion to Thomas Nast, with the anthropomorphic moneybag.
ChristopherBurns about 1 year ago
Capitalist are gonna be grift, don’t hate the player, hate the game.
ChristopherBurns about 1 year ago
I am trying to remember back to 2008. There was a memo written by bankers circulated that basically said – they have to bail us out or they will have millions of people out of work. It was compared to a bank hold up note.
braindead Premium Member about 1 year ago
For the so-called ‘conservatives, this is just one more ’issue’ to weaponize and LIE about.
They claim bank failures are caused by “wokeness”.
Brian Carroll creator about 1 year ago
Process video of the character of “Airline Industry”
https://www.instagram.com/reel/Cp5mmfNjJL8/
T Smith about 1 year ago
The only sustainable capitalism is tightly-regulated capitalism.
dogday Premium Member about 1 year ago
No, the chumps are the ones who keep the gov-types in office.