Webmaster Forum

Go Back   Webmaster Forum > The Webmaster Forums > Forum Lobby > Controversial Social Issues

Controversial Social Issues Discussions concerning controversial social issues. Topics include politics, religion, culture, social and economic issues, etc. Respect required at all times.


Reply
 
Thread Tools Display Modes
Share |
  #1  
Old 04-19-2012, 07:30 AM
Franc Tireur Franc Tireur is offline
Contributing Member
 
Join Date: 08-15-06
Posts: 10,109
iTrader: 11 / 100%
The Too Big To Fail Banks Are Now Much Bigger And Much More Powerful Than Ever

Quote:
The Democrats, the Republicans and especially Barack Obama promised that something would be done about the too big to fail banks so that they would never again be a threat to destroy our financial system. Well, those promises have not been kept and the too big to fail banks are now much bigger and much more powerful than ever. The assets of the five biggest U.S. banks were equivalent to about 43 percent of U.S. GDP before the financial crisis. Today, the assets of the five biggest U.S. banks are equivalent to about 56 percent of U.S. GDP. So if those banks were "too big to fail" before, then what are they now? They continue to gobble up smaller banks at a brisk pace, and they continue to pile up debt and risky investments as if a day of reckoning will never come. But of course a day of reckoning is coming, and when it arrives they will be expecting more bailouts just like they got the last time.

The size of these monolithic financial institutions is truly difficult to comprehend. They completely dominate our financial system and everywhere you look they are constantly absorbing more wealth and more power.
http://theeconomiccollapseblog.com/a...rful-than-ever

Read first the netire article and post your thoughts if you have any on this subject.
 
Reply With Quote

Advertisement

Advertisement

  #2  
Old 04-19-2012, 08:25 AM
Bernard's Avatar
Bernard Bernard is offline
Contributing Member
 
Join Date: 02-20-04
Location: Friendswood, TX
Posts: 622
iTrader: 2 / 100%
Wall Street owns DC. Goldman Sachs is laughing all the way to themselves as both of their right and left hand puppets vie for POTUS 2012. Heads you lose, tails they win.
 
Reply With Quote
  #3  
Old 04-19-2012, 08:29 AM
Zap's Avatar
Zap Zap is offline
Super Moderator
 
Join Date: 01-15-06
Posts: 13,770
iTrader: 5 / 100%
The Vampire Squid
aka Goldman Sucks
aka Government Sachs
 
Reply With Quote
  #4  
Old 04-19-2012, 08:32 AM
Franc Tireur Franc Tireur is offline
Contributing Member
 
Join Date: 08-15-06
Posts: 10,109
iTrader: 11 / 100%
Quote:
Originally Posted by Bernard View Post
Wall Street owns DC. Goldman Sachs is laughing all the way to themselves as both of their right and left hand puppets vie for POTUS 2012. Heads you lose, tails they win.
Quote:
Originally Posted by Zap View Post
The Vampire Squid
aka Goldman Sucks
aka Government Sachs
Yep, but there are others in the game

Back in 1970, the 5 biggest U.S. banks held 17 percent of all U.S. banking industry assets.

Today, the 5 biggest U.S. banks hold 52 percent of all U.S. banking industry asset
 
Reply With Quote
Go Back   Webmaster Forum > The Webmaster Forums > Forum Lobby > Controversial Social Issues

Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
9 banks in major holding company fail Franc Tireur Controversial Social Issues 0 10-31-2009 09:05 AM
Bigger than myspace! Anamalech Web Hosting Forum 3 10-28-2008 01:37 AM
What is the bigger challenge? doogers SEO Forum 4 06-22-2007 01:26 AM


V7N Network
Get exposure! V7N I Love Photography V7N SEO Blog V7N Directory


All times are GMT -7. The time now is 04:13 PM.
Powered by vBulletin
Copyright 2000-2014 Jelsoft Enterprises Limited.
Copyright © 2003 - 2018 VIX-WomensForum LLC