Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies > Elections
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Closed Thread Start New Thread
 
Old 04-05-2016, 07:54 PM
 
Location: Philadelphia
11,998 posts, read 12,943,060 times
Reputation: 8365

Advertisements

Quote:
Originally Posted by t206 View Post
Still doesn't make it right. He knows he cant accomplish most of this stuff period, on his own or with the help of an army of supporters.
This is where you are wrong-when masses of people become engaged in the political process-not just every four years-is when the corruption/theft all comes crashing down. There is only so much people can/will take and the people HAVE the power when they want/realize it.

 
Old 04-05-2016, 07:56 PM
 
12,772 posts, read 7,982,264 times
Reputation: 4332
Quote:
Originally Posted by 2e1m5a View Post
This is where you are wrong-when masses of people become engaged in the political process-not just every four years-is when the corruption/theft all comes crashing down. There is only so much people can/will take and the people HAVE the power when they want/realize it.
Corruption, maybe, and hopefully because we need to enforce laws in this country, and not just when its politically convenient...changing healthcare and education to socialized models, not so much. Even if they did want it, its a flawed model that would likely have bad outcomes.
 
Old 04-05-2016, 07:59 PM
 
Location: Philadelphia
11,998 posts, read 12,943,060 times
Reputation: 8365
Quote:
Originally Posted by t206 View Post
Corruption, maybe, and hopefully because we need to enforce laws in this country, and not just when its politically convenient...changing healthcare and education to socialized models, not so much. Even if they did want it, its a flawed model that would likely have bad outcomes.
Corruption is absolutely the #1 issue and hindrance in regards to our Government and the good it does/can do for the American people at whole.
 
Old 04-05-2016, 08:14 PM
 
Location: North of Canada, but not the Arctic
21,154 posts, read 19,736,448 times
Reputation: 25690
Darn, this is one of the very few things I actually agree with Sanders on and am disappointed he didn't have an answer. The solution is simple: increase the reserve requirements for banks. Right now a bank with more than $110 million in account assets is only required to hold 10% in reserve. The largest banks have over $2 trillion in assets, so you could structure the reserve requirements as follows:

Assets.............Required Reserve
$110 million............10%
over $1 billion..........20%
over $10 billion........30%
over $100 billion.......40%
over $1 trillion..........50%

etc. so that as a bank gets bigger they become more self-insured.

Last edited by Retroit; 04-05-2016 at 08:34 PM.. Reason: adjusted numbers
 
Old 04-05-2016, 09:12 PM
 
2,727 posts, read 2,835,449 times
Reputation: 4113
Quote:
Originally Posted by PCALMike View Post
Nope. He has said 1000 times that no president can do anything on his own. He is the only candidate who says this.
Do you believe Wall Street plays any positive and critical role in the functioning of our economy, or should the whole thing just be scrapped? Bc Bernie seemed to indicate everything banks do is bad.
 
Old 04-05-2016, 10:03 PM
 
Location: Hyrule
8,390 posts, read 11,609,474 times
Reputation: 7544
Quote:
Originally Posted by joeymags View Post
Do you believe Wall Street plays any positive and critical role in the functioning of our economy, or should the whole thing just be scrapped? Bc Bernie seemed to indicate everything banks do is bad.
It's the bottom line. When our health, welfare, security, and lively hoods all come down to the bottom line for some corporation we are just a number. If every year you need to show a profit off healthcare, how long do you think it will last? When a corporate business, like for instance Nabisco, needs to show a profit and there's a gleaming profit sitting in Mexico, what exactly do you think they'll do? They'll make our feed elsewhere and ship it home to the pigs. (us)

It's not so much bad but impossible to sustain when you have no growth to grab within your own country. You'll find other ways to either make it grow (like ridiculous testing and procedures in our healthcare) or you'll move your business to a place where you can pay the workers less, pay less for product.

The downfall is America is full of people stuck between government regulation (or should I say cooperation) and the corporate bottom line. It's become forced greed. Not only that, it's tied to our well being with a for profit healthcare system. It can get pretty gross sometimes and people are sick to death of it.

Since Obamacare has made our for profit healthcare system a requirement by law it's almost criminal. Especially since he also ran on a non profit healthcare system. At what point do the American people rise up and say we've had it, we have had enough of this crap? At one point the bag will bust. We are seeing the beginning right now. People are willing to hire a president who is promising things as Americans we never would have agreed to before. This will continue as we watch the bag bulge.
 
Old 04-05-2016, 10:07 PM
 
Location: Hyrule
8,390 posts, read 11,609,474 times
Reputation: 7544
Quote:
Originally Posted by joeymags View Post
Do you believe Wall Street plays any positive and critical role in the functioning of our economy, or should the whole thing just be scrapped? Bc Bernie seemed to indicate everything banks do is bad.
How long can we ride the "wealth effect?" It might have been true before 2008 but it's hardly true now.
 
Old 04-05-2016, 10:09 PM
 
14,221 posts, read 6,967,844 times
Reputation: 6059
Quote:
Originally Posted by joeymags View Post
Do you believe Wall Street plays any positive and critical role in the functioning of our economy, or should the whole thing just be scrapped? Bc Bernie seemed to indicate everything banks do is bad.
Sure they do, but since Reagan, they have gotten out of control and they need to get knocked down a few pegs. It is also bad for the national economy to have an outsized financial sector. The best and smartest people used to go into engineering in the 60s, when we had a golden age for the country and the middle class. Now they are employed by banks to find the most clever ways to scam people.
 
Old 04-06-2016, 08:11 AM
 
Location: 500 miles from home
33,942 posts, read 22,541,024 times
Reputation: 25816
Quote:
Originally Posted by joeymags View Post
Do you believe Wall Street plays any positive and critical role in the functioning of our economy, or should the whole thing just be scrapped? Bc Bernie seemed to indicate everything banks do is bad.
Yes, I do. Thus far ~ Wall Street was very good to my elderly father and he has passed those investments onto me; which I hope to pass onto my son.


Could we better regulate the excesses of Wall Street? Probably.
 
Old 04-06-2016, 12:03 PM
 
6,351 posts, read 9,981,917 times
Reputation: 3491
Quote:
Originally Posted by PoppySead View Post
It's the bottom line. When our health, welfare, security, and lively hoods all come down to the bottom line for some corporation we are just a number.



Stop. Notice what you said, "some corporation." It is not "some corporation" but MANY corporations and MANY businesses. Monopolies rarely ever happen outside of the chalk board of some leftist professor's lecture hall. You have a choice of one business over another, a choice of one non-profit over another. In Bernie's America you will have only one option: the government.

Want healthcare? Only government will run that.
Want education? Only government schools will be allowed to exist.

And if those institutions are sub-par? Too bad.

I would rather have a choice of who I am "just a number" for than be handed out a government number and be told "this is it, take it or go to jail."

Last edited by victorianpunk; 04-06-2016 at 12:17 PM..
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Closed Thread


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies > Elections
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top