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Old 11-11-2018, 06:48 AM
 
Location: Arizona
13,282 posts, read 7,330,443 times
Reputation: 10113

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Community banks have all gone out of business in my city's only a few of the larger ones have survived. Banks we used to have had 1 or 2 branches are all gone now since end of the financial crises. Some went out during 2010 but most seem to have not come back probably due to the red tape in Washington. Trump shouldn't be re-elected because he is crazy fool who will be the man that took a wrecking ball the republican party.
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Old 11-11-2018, 07:13 AM
 
Location: The Republic of Texas
78,863 posts, read 46,663,022 times
Reputation: 18521
Quote:
Originally Posted by Winterfall8324 View Post
His financial deregulation are going to set up another financial crisis.

I don't believe democrats will stop it as many are also influenced by private insurance and financial institutions and voted for the removal of dod-frank, but voters could at least hold their feet to the fire.

Again I hate democrats, they are an imperialist capitalist party that supports the status quo, but we don't have many choices left here.



Who you got?
What is the platform to beat an America 1st Nationalist?
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Old 11-11-2018, 11:48 AM
 
Location: Manchester NH
15,507 posts, read 6,439,796 times
Reputation: 4831
Quote:
Originally Posted by kell490 View Post
Community banks have all gone out of business in my city's only a few of the larger ones have survived. Banks we used to have had 1 or 2 branches are all gone now since end of the financial crises. Some went out during 2010 but most seem to have not come back probably due to the red tape in Washington. Trump shouldn't be re-elected because he is crazy fool who will be the man that took a wrecking ball the republican party.
Trump has not destroyed the republican party, they have always been this bad.

Seriously I don't care about mannerisms, I only care about policy.
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Old 11-11-2018, 10:11 PM
 
Location: SEE-ADDLE
55 posts, read 47,903 times
Reputation: 115
Quote:
Originally Posted by Mason3000 View Post
This is a great hoax perpetrated on the people, especially the left. Good natured people hear "banking reform" or "banking regulation" and think "That's a good thing!", but in reality, Dodd-Frank was actually written by the corporate financial institutions. What it did, was create so much bureaucracy that only the largest corporate institutions, with massive compliance and legal departments, could navigate the sea of red tape.

They knew it would force community banks and credit unions out of business, so they could swoop in and buy them up cheap & it's worked perfectly. Since the passing of Dodd-Frank, 30% of community banks and credit unions have closed, while the corporate mega-banks have increased by 30%.

What we need to do is reinstate Glass-Steagall. Glass-Steagall says that the Federal Govt only insures client deposits, not the entire bank themselves. The repeal of Glass-Steagall, by Bill Clinton led directly to the banks playing fast and loose with money, knowing if they failed they'd be bailed out. So they got into high risk mortgage bundles, speculation, etc.

Trump promised to reinstate Glass-Steagall if elected. Bernie Sanders got it & wanted it reinstated as well. As did Elizabeth Warre, Jill Stein and virtually every liberal on the planet. The 2016 candidates against reigning in the corporate financial institutions via Glass-Steagall? Hillary Clinton, who said she wouldn't even consider la discussion of the topic. Marco Rubio, Jeb Bush, etc.

Republicans (which I'm not) and Trump supporters (which I am), should hold Trump's feet to the fire to get this done, while Democrats not owned by the corporations, should vow to work with Trump on this non-partisan issue.
Excellent and concise - Thank you
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Old 11-12-2018, 05:35 AM
 
59,112 posts, read 27,349,464 times
Reputation: 14290
Quote:
Originally Posted by kell490 View Post
Community banks have all gone out of business in my city's only a few of the larger ones have survived. Banks we used to have had 1 or 2 branches are all gone now since end of the financial crises. Some went out during 2010 but most seem to have not come back probably due to the red tape in Washington. Trump shouldn't be re-elected because he is crazy fool who will be the man that took a wrecking ball the republican party.

"because he is crazy fool"


Those that CAST the insult are USUALLY the ones GUILTY of the insult", as they say!
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Old 11-12-2018, 06:10 AM
 
Location: Bella Vista, Ark
77,771 posts, read 104,797,202 times
Reputation: 49248
Quote:
Originally Posted by Winterfall8324 View Post
His financial deregulation are going to set up another financial crisis.

I don't believe democrats will stop it as many are also influenced by private insurance and financial institutions and voted for the removal of dod-frank, but voters could at least hold their feet to the fire.

Again I hate democrats, they are an imperialist capitalist party that supports the status quo, but we don't have many choices left here.
well that is your opinion but it isn't up to you to decide who should or should not be elected. It is up to all the voters.

As for financial crisis, where was or is the first one?

Dems and capitalistic party, I am confused as to where you are getting that?
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Old 11-12-2018, 10:09 AM
 
14,400 posts, read 14,321,986 times
Reputation: 45732
Quote:
Originally Posted by nononsenseguy View Post
Democrat are Marxist-socialists, not capitalists.
An opinion by your or anyone else claiming that the democrats are "Marxist-socialists" means nothing. An opinion that would mean something would be one describing actual policies followed by democrat candidates along with some logical reasoning explaining why those policies are flawed. That would be something. I won't hold my breath.
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Old 11-12-2018, 11:30 AM
 
Location: Buckeye, AZ
38,936 posts, read 23,916,734 times
Reputation: 14125
Quote:
Originally Posted by Winterfall8324 View Post
Trump has not destroyed the republican party, they have always been this bad.

Seriously I don't care about mannerisms, I only care about policy.
I think the thing is Trump is the TEA Party style candidate which is too far to the right and claims that they want to reign in corruption but only put in their own version of corruption instead.
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Old 11-12-2018, 12:15 PM
 
Location: Atlanta, GA
14,834 posts, read 7,420,277 times
Reputation: 8966
Quote:
Originally Posted by Winterfall8324 View Post
His financial deregulation are going to set up another financial crisis.

I don't believe democrats will stop it as many are also influenced by private insurance and financial institutions and voted for the removal of dod-frank, but voters could at least hold their feet to the fire.

Again I hate democrats, they are an imperialist capitalist party that supports the status quo, but we don't have many choices left here.
So you're finally ready to oppose the greater of two evils?

Bravo.
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Old 11-12-2018, 01:27 PM
 
Location: Manchester NH
15,507 posts, read 6,439,796 times
Reputation: 4831
Quote:
Originally Posted by atltechdude View Post
So you're finally ready to oppose the greater of two evils?

Bravo.
I’m not ready to support the lesser of two evils either.

But the republicans need to step down, it’s getting too dangerous.
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