Elizabeth Warren Schools CNBC Talking Heads | TigerDroppings.com

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saintforlife1
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Member since Jul 2012
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Elizabeth Warren Schools CNBC Talking Heads


Senator Elizabeth Warren (D-MA) lets it be known that banking regulations do indeed work - LINK

I am not knowledgeable enough in these matters to debate this, but I am hoping some of the others on here can discuss. Is banking regulation good or bad?



This post was edited on 7/18 at 11:27 pm



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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
11754 posts

re: Elizabeth Warren Schools CNBC Talking Heads


PT Board, you dumb frick. GTFO





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Beerinthepocket
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re: Elizabeth Warren Schools CNBC Talking Heads


I just wasted a few minutes watching that and I regret it. Get out of here with that BS.

That was just liberal talking points from Warren without even playing the rebuttal from the CNBC fellow.

Get off this board.






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Beerinthepocket
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re: Elizabeth Warren Schools CNBC Talking Heads


Is banking regulation good or bad? Are you kidding? You ask that as if its a yes or no question, which it's not. Gain some knowledge on a subject before you start a thread and don't come on here promoting a political agenda. There is a board for that and it's not this one.





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Vols&Shaft83
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Member since Dec 2012
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re: Elizabeth Warren Schools CNBC Talking Heads


quote:

am not knowledgeable enough in these matters to debate this, but I am hoping some of the others on here can discuss. Is banking regulation good or bad?


A fricking fire, die in it






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foshizzle
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Washington DC metro
Member since Mar 2008
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re: Elizabeth Warren Schools CNBC Talking Heads


quote:

I am not knowledgeable enough in these matters to debate this


I would like to think I am, you can take my word for it or not as you will.

My initial impression is that Warren knows enough to get herself into trouble. Unlike some liberals, she is aware that Glass-Steagall worked quite well back in the 30's, a time when banks were the only institutions that granted credit.

However, that is no longer true today. She is making an inference between what worked 80 years ago and today, and that is dangerous territory.

I'll give her credit for being an interested amateur, which is more than I can say for the average poster here. But she is still an amateur.






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saintforlife1
New Orleans Saints Fan
Member since Jul 2012
639 posts

re: Elizabeth Warren Schools CNBC Talking Heads


quote:

foshizzle

Thanks for the reply. I respect your opinion on this board and love reading your posts. You are always on an even keel unlike some others on this board and stay clear of the riff-raff.

I admit my OP wasn't of the highest quality. I was in a hurry and on my phone. I just saw the video in my FB feed and posted it because it reminded me of a subject I had been thinking about for some time. I don't even know whose channel that was. I had no political agenda, I promise. Anyway what I really wanted to ask was, how does this board view banking regulation from point of view of investing? Just the other day someone here said inverse ETFs should be regulated more. Is that something most people on this board agree on? I am just curious to know how did the folks on this board view the regulations that followed the 2008 crisis.



This post was edited on 7/18 at 11:59 pm


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GeauxColonels
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re: Elizabeth Warren Schools CNBC Talking Heads


Who the hell is this hack? I couldn't even make it to the part with Elizabeth Warren.





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foshizzle
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Washington DC metro
Member since Mar 2008
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re: Elizabeth Warren Schools CNBC Talking Heads


quote:

what I really wanted to ask was, how does this board view banking regulation from point of view of investing?


I have no idea and can't speak for the board.

But I will note that even Paul Krugman is somewhat dubious about reviving Glass-Steagall. Why? Because G-S (being from the 30's and all) was written at a time when credit grantors did their thing by borrowing from depositors and lending to major corporations.

Today the industry is much more complex than that. AIG, for example, is an insurance company. Not a bank, and not subject to Glass-Steagall.

A revival of Glass-Steagall may or may not be a good thing but it has not much to do with the whole "too big to fail" concept.






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NC_Tigah
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Member since Sep 2003
50468 posts

re: Elizabeth Warren Schools CNBC Talking Heads


quote:

I am not knowledgeable enough in these matters to debate this
Are you knowledgable enough to relegate political diatribe OPs to the political board?

In your video, Elizabeth Warren states that regulation can prevent economic fluctuation.
Are you not knowledgable enough to assess stupidity of that statement?

In your video, Elizabeth Warren basically states that stagflation of the 1970's is a desirable economic goal. The 70's culminated in >20% interest rates (prime), and creation of the Misery Index.
Are you not knowledgable enough to understand that?







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Fat Bastard
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re: Elizabeth Warren Schools CNBC Talking Heads


quote:

Elizabeth Warren (D-MA)


ahh yes Fauxcahontas, that lying sack of shite we all saw at the DNC last election. She is a joke.






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Fat Bastard
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re: Elizabeth Warren Schools CNBC Talking Heads


quote:

saintforlife1



we have record regulations now with Obama in office. How's that working out for us? eh?






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Fat Bastard
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re: Elizabeth Warren Schools CNBC Talking Heads


quote:

The 70's culminated in >20% interest rates (prime),


21.5 to be exact under good ole Jimmah Carta!

Along with his great 14.4 % inflation and high unemployment and 70% top tax rates.







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wegotdatwood
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Member since Aug 2009
17094 posts

re: Elizabeth Warren Schools CNBC Talking Heads


Good God, Jimmy Carter really did that? Jesus Christ.








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Fat Bastard
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re: Elizabeth Warren Schools CNBC Talking Heads


quote:

I am not knowledgeable enough in these matters to debate this


yet you seem to think Fauxcahontas "schooled" CNBC in your title?






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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
11754 posts

re: Elizabeth Warren Schools CNBC Talking Heads


Isn't she also the founder of the Green Rainbow Party?







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Fat Bastard
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Member since Mar 2009
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re: Elizabeth Warren Schools CNBC Talking Heads


quote:

Isn't she also the founder of the Green Rainbow Party?



IDK brother, but I do know I lost count of her lies while she spoke at the DNC. It was disgusting how she preyed on those pitiful low information voters in attendance.






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LSURussian
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Baton Rouge
Member since Feb 2005
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re: Elizabeth Warren Schools CNBC Talking Heads


Who cares what some Indian squaw thinks about banking?





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Plan 9
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re: Elizabeth Warren Schools CNBC Talking Heads


Peanut Boy also helped turn Iran into what it is today.





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NC_Tigah
LSU Fan
Member since Sep 2003
50468 posts

re: Elizabeth Warren Schools CNBC Talking Heads


quote:

Warren knows enough to get herself into trouble. Unlike some liberals, she is aware that Glass-Steagall worked quite well back in the 30's, a time when banks were the only institutions that granted credit.

However, that is no longer true today. She is making an inference between what worked 80 years ago and today, and that is dangerous territory.

I'll give her credit for being an interested amateur
quote:

foshizzle
Good response. Far more civil than the OP deserved IMO.






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