accounting control frauds

[Alph]

[Endovelico]

[Endovelico]

[Alph]

[Endovelico]

[Torchwood]

[Tinker]

[Alph]

[Alph]

[Milo]

I believe in rampant, ruthless speculation and finance, but I believe in having it for everyone.
The biggest problem right now is that people with tiny amounts of money don't get to play.
Oh, I know, micro finance is just pissing away money; well I think that as long as we bail out every bank that lends billions to organized crime, and damn well knows that they are, and that they'll never get the money back, we can give similar treatment to banks that lend small amounts to the poor. When we do that, we will be bringing all of the economy on to the same playing field and policy can manage things better.
I would prefer a world where we don't bail anything out at all but I'm an older guy now and know that ship never even pulled into port, let alone sailed.
IOW, bailouts for all will come to the same thing as bailouts for none, and it seems more doable.

[Tinker]

Alph definitely provides the best arguments against bailouts. I tend to see stars in his eyes when he talks about profit and the social good.

I'm of the opinion that we get the worst of both worlds with a progressive/conservative compromise. The GAI as Alph says is probably best. The bailouts could've been 10k per person, and that money would still have gone straight to the banks.

[Milo]

[Tinker]

Well I mean that it gets put into the bank at some point very early on in its travels. If it goes to the casino or bar they deposit it. Most people will filter it through their checking accounts. A number of people will use it to pay their mortgages. All in all the money will go pretty directly to the banks. And you know, a number of people will use it for a down payment on a Corvette or a Volt. It would've been the most equitable bailout for every level of the economy.

[Milo]

[monster_gardener]

[monster_gardener]

[Endovelico]

[Milo]

[Mr. Perfect]

[amos]