Guns and Banks

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  • wehateporn
    Promoting Debate on GFY
    • Apr 2007
    • 27176
    #1

    Guns and Banks

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    • sperbonzo
      I'd rather be on my boat.
      • May 2003
      • 9750
      #2
      Only with the government acting as a full partner in the banks activities. By itself, a bank that tries to pull hyper-risky behaviour can't do much, since the free market will kill it off rather quickly without government protection. It should read, "Give a man a bank, and government officials that will regulate his competition out of existance, and then help him to offset his risks through government agencies, and then when all else fails, bail him out with tax payer money, can rob the world."





      .
      Michael Sperber / Acella Financial LLC/ Online Payment Processing

      [email protected] / http://Acellafinancial.com/

      ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

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        • u-Bob
          there's no $$$ in porn
          • Jul 2005
          • 33063
          #3
          Originally posted by sperbonzo
          Only with the government acting as a full partner in the banks activities. By itself, a bank that tries to pull hyper-risky behaviour can't do much, since the free market will kill it off rather quickly without government protection. It should read, "Give a man a bank, and government officials that will regulate his competition out of existance, and then help him to offset his risks through government agencies, and then when all else fails, bail him out with tax payer money, can rob the world."
          q f t

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            • wehateporn
              Promoting Debate on GFY
              • Apr 2007
              • 27176
              #4
              Originally posted by sperbonzo
              Only with the government acting as a full partner in the banks activities. By itself, a bank that tries to pull hyper-risky behaviour can't do much, since the free market will kill it off rather quickly without government protection. It should read, "Give a man a bank, and government officials that will regulate his competition out of existance, and then help him to offset his risks through government agencies, and then when all else fails, bail him out with tax payer money, can rob the world."

              .
              I like the way you explained that Sperbonzo Once the bank has enough money they can start buying up the government
              Last edited by wehateporn; 08-24-2012, 06:34 AM.

                Comment

                • sperbonzo
                  I'd rather be on my boat.
                  • May 2003
                  • 9750
                  #5
                  Originally posted by wehateporn
                  I like the way you explained that Sperbonzo Once the bank has enough money they can start buying up the government
                  Sure, but that is only useful if we allow the government the power to regulate the free market in order to destroy competition, create agencies that can take on banking risk, and use our money to bail out cronyists.


                  If government did not have that power, then it would make no sense for the banks to try to buy it up, since it would do them no good.


                  .
                  Michael Sperber / Acella Financial LLC/ Online Payment Processing

                  [email protected] / http://Acellafinancial.com/

                  ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

                    Comment

                    • wehateporn
                      Promoting Debate on GFY
                      • Apr 2007
                      • 27176
                      #6
                      Originally posted by sperbonzo
                      Sure, but that is only useful if we allow the government the power to regulate the free market in order to destroy competition, create agencies that can take on banking risk, and use our money to bail out cronyists.


                      If government did not have that power, then it would make no sense for the banks to try to buy it up, since it would do them no good.


                      .


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