Wall Street Protests

[Raze]

badgenome said:

Raze said:

badgenome said:

Well then, take heart, little fella. Doug Schoen polled some OWS protesters and found that one-third of them are as in favor of using violence as you are.

=D Little fella? I was born in the 70s and I'm over 6'2

Let me clarify, I'm saying that peaceful protests accomplish nothing, especially when you're yelling at a bunch of mostly-soundproofed buildings.

 

Yes, you called for violence and/or the threat of violence. I think we're pretty clear on that. My mistake on your age. Based on your infantile view of how the world works, I was hoping you were about half my age, not older than me.

It's fairly hilarious that you blame all this on some mythical deregulation when the regulatory apparatus is larger than ever. It grew by almost70% both in terms of budget and number of employees under Bush alone. If there is a regulatory problem, it's from bad regulation or inept enforcement, not from too little. However, the real culprit here has been the federal government pushing for home ownership by people who simply couldn't afford to own homes with initiatives like the Community Reinvestment Act, and the federal reserve under Greenspan pushing the interest rate to historic lows to compensate for the bursting tech bubble. So the government strongarms banks to lend money to people who weren't good for it, and then when the accumulation of debt at all levels of the economy causes a collapse, the same assholes who insisted that banks loan to these people to begin with start shrieking about "predatory lending". I know it's all very convenient to blame this on some amorphous "greed", and that makes a great topic for lame little punk song, but the whole situation is yet another example of the road to economic hell being paved with good intentions.

Well if we're going to judge maturity on words here, then you clearly show how green you are behind the ears. Apparently you know quite less about the situation going on, having not viewed the larger picture of regulation from the Ford administration onwards, nevermind the "wonderful" times of Reganomics. But it's to be expected,so many love to jump to conclusions based on a half-knowledge. Continue this, you'll be swept up in the viscious tide coming all the same. I don't know you from Adam, soit doesn't matter to me either way.  The housing fiasco is only one element of this, the  ice underneath had been cracking far longer.  But again, it's that half knowledge which brings you to a very broad over-generalization of the problem at hand. What further seals your fate of immaturity is an attempted, but lacking personal jab to wrap up your response. It simply discredits any merit your point had.