Comments on: The end of Investment Banking as we know it

By: francoandre2008

francoandre2008 — Thu, 22 Apr 2010 06:36:30 +0000

The only way to …
The only way to avoid a collapse of the financial system is to get rid of it! That is to say, the nationalisation of commercial banking to make credit available free of usuary. The end to monetary manipulation and speculation by supplying money as a function the value of production! Or we could just go back to good old bartering.

By: francoandre2008

francoandre2008 — Thu, 22 Apr 2010 06:36:29 +0000

Yes, …
Yes, nationalisations have worked! Take a look at Cuba. Nobody runs from nationalisations, that’s rubbish. What they run from are poverty and insecurity. The things that result from private greed and rapacity. Besides, no country has ever done what I said ought to be done, so u have no empirical or factual basis for regurgitating such western-imperialist nonsense!

By: ianclivewright

ianclivewright — Thu, 22 Apr 2010 06:36:29 +0000

Well …
Well nationalisations been a stirling success hasn’t it.
You can just here the walls going up, as nations strive to keep there people from running away.
History’s never happened to you, I hope it never does.

By: francoandre2008

francoandre2008 — Thu, 22 Apr 2010 06:36:28 +0000

On what basis has …
On what basis has central planning led to misery in Cuba? Under Batista’s dictatorship, your imperialist friends plundered the wealth of that nation and left its people in abject poverty. Thanks to their great Revolution (nationalisation of resources), Cuba has the life expectancy of the US, a 1st-class health system, one of the highest tertiary-school enrollments and the second highest literacy rate in the world. All with a stifling embargo! Dont come into intellectual battles unarmed!

By: ianclivewright

ianclivewright — Thu, 22 Apr 2010 06:36:28 +0000

Cuba, is that a …
Cuba, is that a joke?
What a stirling example of how central planning can lead to a life of misery and poverty for its systems. Well the ones who meekly accept it anyway. The one’s who speak out, they get to go to prison. Bet Cuban prisons are a barrel of laughs.
Cuba, please, you failed to convince me.

By: marco25mx

marco25mx — Thu, 22 Apr 2010 06:36:27 +0000

Sorry to butt in …
Sorry to butt in but i had to. ianclivewright have you ever been to Cuba? I assume you havent since it is nothing like what you describe. I have visited the island myself a couple of times and not only the pretty industrialized towns but the country side too. Yes they have their problems, yes the embargo affects them in many ways. But the way the people are treated (at least the ones that believe in their country and work hard for it) has nothing to do with how you describe the place.

By: ianclivewright

ianclivewright — Thu, 22 Apr 2010 06:36:27 +0000

Cuba is a sink of …
Cuba is a sink of poverty and injustice, like all Communist regimes. It’s people are poor, it has a massive infant mortality rate(which they lie about like good communists), injustice and political prisoners, like all Communist dictatorships. The embargo from the hated decadent USA shouldn’t affect it, as it hates capitalism. They wouldn’t want goods from the richest nation in the world, would they?
Typical of communists to whine about that.
Once butcher Castro dies it’ll fail.
Good riddance.

By: onstageagain

onstageagain — Thu, 22 Apr 2010 06:36:26 +0000

Most of the failure …
Most of the failure in the sub-prime mortgage racket is accounted for by illegals, Fraudsters who have engaged in massive house flipping, using illegals as straw buyers and buyers who were stupidly aware they could not afford the payments.
Federally elected created the environment which led to the banking meltdowns. Do you believe Congress is constitutionally,morally and academically capable of solving the meltdowns
Look to Washington and State Capitals for the real sources of terrorism

By: onstageagain

onstageagain — Thu, 22 Apr 2010 06:36:26 +0000

The illegal alien …
The illegal alien populations, particularly in the 10 national Metro areas are the rattlers in the room. Using matricula consular cards, accompanied by a pay stub have allowed illegals to obtain 100% subprime mortgages. The top banks profiting from the illegal alien home loan racket are Wachovia and Bank of America.

By: gyongyhajulany

gyongyhajulany — Thu, 22 Apr 2010 06:36:25 +0000

Castro wanted to …
Castro wanted to prevent his country to turn into what Haiti is today. A dumping place for money launderers and gangster banksters! At least Cuba has some Integrity and survived for 50 years without this level of corruption. Can we say that of the US?