Go Back  Airline Pilot Central Forums > Pilot Lounge > Hangar Talk
Keep Wall Street Occupied >

Keep Wall Street Occupied

Search

Notices
Hangar Talk For non-aviation-related discussion and aviation threads that don't belong elsewhere

Keep Wall Street Occupied

Thread Tools
 
Search this Thread
 
Old 11-03-2011 | 06:34 AM
  #11  
Gets Weekends Off
 
Joined: Nov 2006
Posts: 8,047
Likes: 0
From: 767 FO
Default

Originally Posted by jcaplins

So the unspoken bottomline of the article. Dodd-Frank and other government interference in banking has destroyed banking. Probably Mr. Franks objective from the get go. Sen Dodd was just in it for the money.

Butt not the lesson that will be learned.

In other news: http://news.yahoo.com/freddie-mac-re...124449542.html
Reply
Old 11-03-2011 | 09:46 AM
  #12  
jungle's Avatar
With The Resistance
 
Joined: Jan 2006
Posts: 6,191
Likes: 0
From: Burning the Agitprop of the Apparat
Default

Originally Posted by jcaplins
And from this you surely think that they would not notice a mass run by a majority to withdraw their money?
Reply
Old 11-03-2011 | 12:36 PM
  #13  
jcaplins's Avatar
Line Holder
 
Joined: Apr 2009
Posts: 96
Likes: 0
Default

Originally Posted by jungle
And from this you surely think that they would not notice a mass run by a majority to withdraw their money?

I wrote: “not necessarily”… so I surely don’t anything.
If it’s paper money you’re talking about, they would notice; that’s just a matter of having the cash on hand. But as for actual deposits… Maybe, maybe not.

Depending on whose reports you look at… If the bottom 50% of citizens only control 2% of the wealth… then I think the answer would be no, they may not care. But then that would depend on who’s in that majority making the run.

Of course this is oversimplifying things and the link was only providing an opposing point to your statement. The “not necessarily” doesn’t paint me into a corner.
Reply
Old 11-03-2011 | 01:20 PM
  #14  
jungle's Avatar
With The Resistance
 
Joined: Jan 2006
Posts: 6,191
Likes: 0
From: Burning the Agitprop of the Apparat
Default

Originally Posted by jcaplins
I wrote: “not necessarily”… so I surely don’t anything.
If it’s paper money you’re talking about, they would notice; that’s just a matter of having the cash on hand. But as for actual deposits… Maybe, maybe not.

Depending on whose reports you look at… If the bottom 50% of citizens only control 2% of the wealth… then I think the answer would be no, they may not care. But then that would depend on who’s in that majority making the run.

Of course this is oversimplifying things and the link was only providing an opposing point to your statement. The “not necessarily” doesn’t paint me into a corner.
The real point is that if you don't like what a bank is doing don't do business with it, and don't think it is going to change things much.

What does OWS want? Redistribution of income and wealth. No other stated goals or policies.
Reply
Old 11-03-2011 | 01:46 PM
  #15  
tomgoodman's Avatar
Gets Weekends Off
 
Joined: Feb 2006
Posts: 6,248
Likes: 0
From: 767A (Ret)
Default

Originally Posted by jungle
What does OWS want? Redistribution of income and wealth. No other stated goals or policies.
In that case, they deserve no points for originality. This guy had a more comprehensive program and ran a neater campground.

http://www.ravenmimura.com/images/fu...hanDetail1.jpg
Reply
Old 11-03-2011 | 01:54 PM
  #16  
vagabond's Avatar
Administrator
 
Joined: May 2006
Posts: 8,025
Likes: 0
From: C-172
Default

I don't know about anybody else, but my husband and I have been putting our money into the First National Bank of Sealy Posturepedic for years and especially now when even credit unions pay 0.5% interest on a jumbo CD. During one of our famous gloomy, rainy, dark Fall days in the Pacific Northwest, I take comfort in that lump on the bed. My only concern is that my little dog might find said lump and chew it up to pieces.
Reply
Old 11-03-2011 | 04:05 PM
  #17  
CaptainCarl's Avatar
I'm a man of my word.
 
Joined: Jul 2008
Posts: 2,883
Likes: 0
From: Devil's Advocate
Default

Originally Posted by vagabond
I don't know about anybody else, but my husband and I have been putting our money into the First National Bank of Sealy Posturepedic for years and especially now when even credit unions pay 0.5% interest on a jumbo CD. During one of our famous gloomy, rainy, dark Fall days in the Pacific Northwest, I take comfort in that lump on the bed. My only concern is that my little dog might find said lump and chew it up to pieces.


My point is: Ing(v)est (in) beer.
Reply
Old 11-05-2011 | 03:59 PM
  #18  
DYNASTY HVY's Avatar
Retired
 
Joined: Feb 2008
Posts: 3,527
Likes: 0
From: whale wrangler
Default

Looks like unification went out the window .
Reply
Old 11-05-2011 | 04:30 PM
  #19  
AirGunner's Avatar
Gets Weekends Off
 
Joined: Oct 2011
Posts: 151
Likes: 0
From: King of somewhere hot....
Default

Dang, I shouldn't have thrown away those cans of "fluid" I've consumed all these years after all.
Reply
Old 12-01-2011 | 05:21 PM
  #20  
DYNASTY HVY's Avatar
Retired
 
Joined: Feb 2008
Posts: 3,527
Likes: 0
From: whale wrangler
Default

Interesting take on OWS by Adam Carolla -Edited version-2 versions of this on youtube.
Someone finally telling it like it is.

Adam Carolla Rant OWS CLEAN VERSION - YouTube


Ally
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
CAL EWR
Major
0
03-04-2008 04:42 PM
CAL EWR
Major
11
02-26-2008 11:35 AM
norskman2
Regional
49
01-11-2008 10:23 PM
АЕРОФЛОТ 214
Regional
11
05-18-2007 05:18 AM
RockBottom
Major
4
04-09-2006 04:23 PM

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
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices