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Woah:
Falling into your wing while paragliding is called 'gift wrapping' and turns you into a dirt torpedo pic.twitter.com/oQFKsVISkI
— Mental Videos (@MentalVids) March 15, 2023
Mic Drop
Falling into your wing while paragliding is called 'gift wrapping' and turns you into a dirt torpedo pic.twitter.com/oQFKsVISkI
— Mental Videos (@MentalVids) March 15, 2023
How about not bailing them out?
This. When a forest burns down new growth comes up from the ashes. Let these homosexuals fail so new business can spring up
Bingo...
Too bad our whole economy is based on endless borrowing and debt... Oh yeah and yours now.
You're welcome
How do we expect to incentivize moral hazard if we aren't going to bail out failing companies?
This would be highly antisemitic (for not bailing israelites out and for causing the conditions for antisemitism to prosper)
they really shouldn't bail out any banks
it's going to hurt, but printing more and more funny money to them is just going to extend the torture and be even worse
Remember what happened after the last bailout.
the stock market was a mistake
All the economically illiterate lefties in this twitter thread have no idea that this is exactly how the 2008 bailouts worked… it’s called equity funding lol
I believe many of them got loans that needed to and were paid back. Basically it was never free money. Welfare is most of the time free money.
You paid back their loans retard
see
No they took loans from the tax payer, invested them, and then paid back the tax payer via government with interest.
Imagine not knowing that.
That’s how fucking retarded you are.
NO MORE FUCKING BAILOUTS
Don't worry my man, they have bail-ins now.
OH NOW THEY DON'T WANT FREE HEALTHCARE!!
Asking for trouble. Public-run businesses are even more likely to fail than private sector businesses since there is nobody to hold accountable for anything. Nobody working there has a stake in the business and will be less inclined to give a damn.
Agree on the last sentence. But no, the government shouldn't bail them out at all. Let them fail.
Banks should be govt run
Use the profits to fund govt instead if taxes
The banks paid back all that bailout money.
with interest?
the interest rate at the time was near zero, but yes.
Oh cool, let me borrow a couple billion at those rates, or even a few million
many, many, many people did borrow way too much when interest rates were near zero. If you didnt take advantage of almost free money thats on you.
YUP!
This is from Politifact in 2012:
"Not all of the banks who received TARP money have repaid the loans. In fact, 400-plus banks are still on the government’s red list -- more than have completed the payments -- and, according to the GAO, some may never pay the money back.
But, the fact remains, due to interest, dividends and other revenue streams, the government has received more money back ($266.7 billion, according to the Treasury) than it handed out to banks under the bailout law ($245.2 billion). We rate this claim Mostly True."
That was 11 years ago. Some of those 400 banks may not have paid back all their loans (that data isn't readily available via quick searching), but the total amount of loan money the government handed out has been recovered, with a sizeable amount of interest. The US taxpayer made money from the bank bailouts.
Well, would have at least if Israel hadn't taken the money.
Only a liar or a fool thinks the economy hasn't gotten steadily worse since the bailouts.
The issue is not that the US made money but large and powerful corporations remained large and powerful and could continue exerting their influence on society when in fact they should have rightly lost their positions of dominance for new leaders to emerge
>The issue is not that the US made money but large and powerful corporations remained large and powerful and could continue exerting their influence on society when in fact they should have rightly lost their positions of dominance for new leaders to emerge
Are you aware of the creature from Jekyll Island?
you say large and powerful corporations, as if they are separate from those who run the government. there is no separation. same families, same schools, same temples.
>nominal sum
>what is inflation adjusting
>The US taxpayer made money from the bank bailouts.
imagine believing this
Irrelevant, they were artificially protected from the risks of their own actions. Free market dynamics are about risk and reward; they didn't pay the price for their risks.
Sort of like how individuals are artificially protected from the risks of their own actions through numerous social safety net programs.
And I thoroughly disagree with that as well. Imagine what a national socialist would be if the national socialist decided that direct violence wasn't the right way of solving the problem but instead let nature do it's thing that it's been doing for 3.5B years. They'd be a National Libertarian or something to that effect
Most of the people who bitch about bank bailouts are also the ones who bitch about wanting more and more free shit.
This. You have to do what Iceland did and jail the bankers if you want to actually fix things
Will these npcs ever apoligize
I agree, who do you think you're btfo'ing with this screenshot OP. I wanted all the big banks to fail in 2008 and I absolutely hated the bailouts
Meh. How about this: companies that bring profits are nationalized by the government.
Anti-Semetic tweet if I have ever seen one!!
Theyre gonna start bailing in instead
>Theyre gonna start bailing in instead
That's what ESG is. That's so the israelite can take retirement money and ~~*invest*~~ that with their fellow kike run ESG compliant businesses, which are designed to fail, and it's gone
no I mean the government will take your money and use it to bail out failing banks like they did in cyprus.
The legislation for this was passed for all g7 countries in 2017 - 2019
I'm saying that Congress has to write a bill to do that in the US and that would cause a run on the banks before that could be passed and made a law.
with ESG, the israelite at Blackrock and Vanguard can used the money they are already holding, people's money, and give it to their tribemates in ESG companies.
Contagion. If we don't bail them out, it will get worse and spread, so WE need to bail them out, and by WE I mean YOU. Ayn Rand said Greed is Good.
>put money in a bank as an alternative to keeping cash umder the mattress
What happened to that? Why they always gotta fuck around with my dosh?
You pay for the privilege of storing your money in a bank by letting the bank use that money for investments. If you don't like that option you can always rent a safe deposit box instead.
He was insufferable when he was only nationally famous. International Twitter fame is not what this person needs.
i like that the picture is shaped like a phone screen
have an le updoot kind stranger pupper heckin doggo m'lady
There should have never been bail outs. The government should not own any business. A I can do most ( 90%) government jobs from President on down to local clerk. .
Or we could just not bail them out.
No, they should just fail. If they're so important then someone else will step into the market that performs better.
Business failure is part of the system. It's not a bug, it's a feature. A smart leader would use other methods to give those people jobs and reinvigorate the market. That means we reinvest in American infrastructure, that means the government starts handing out jobs to work on massive projects. I find it absolutely hilarious that instead of sending all those desk jockeys and invitation to work on their local rail line infrastructure in 2008, they bailed them out instead. If they had reinvested in American infrastructure back in 08, the rash of train derailments may have never happened.
The government needs to keep stockpiles for this very scenario, keep people from starving, get infrastructure up and running, start planning new cities, pour subsidies into new construction companies and let the old businesses fail. If a business fails it was meant to fail 70-80% of the time with very few exceptions. When you bail out failures and idiots you get zombie corporations that suck dick and can't do anything right.
100%
We need manufacturing and infrastructure
The problem is american engineers are too stupid to do either
Everyone is obsessed with going somewhere but doesn't care to check the method of travel involves a gauntlet of non functioning connections
Yeah, I fear that the fucking "infrastructure bill" isn't going to do what needs to get done either. During the great depression we basically fixed all of our infrastructure.
We figured out what to do during the great depression, people focus too much on WW2 mic and not enough on the government contingencies and fail safes to dig us out of it.
>Instead of eating shit we should drink diarrhea
How about there is no bailout and we let our dead whore nations collapse instead of turning them into goy slave markets running on IOU paperslips?
Wait until he learns about the "Federal Reserve", it'ss FIAT BRR!nters and Fractional Reserve Banking. Let alone the reality of 'government' as corporations and subsidaries of banks.
Cool. When is the government going to start building and running nuclear reactors to solve the climate crisis?