Capitalism loses out to Socialism, per Heritage Foundation

[Cannonpointer]

Show is whether there were more, or fewer regulations when Reagan left office, than when he started.
Oh wait, you can't because you don't know.

Lying piece of ****.

Hey, if you say ronnie regulated the **** out of wall street, I have to take your word for it.

Retard ronnie swore he would cut regulations,. but he lied his *** off.

Why do you get madder and madder, the more I agree with you, silly girl?

[Vegas]

And another cum guzzler who is completely clueless about capitalism.

[Cannonpointer]

He didn't deregulate the banking system in any way that led to the S&L crisis or any other crisis.

Dems did under Carter and beyond.

That's the point, but of course a dishonest psychotic like you will bleat about anything and everything else.

Was it Carter, or Johnson, that got rid of glass-stegall?

I said it was Reagan and his successors that deregulated the financial industry, but you straightened me out that it was pre-Carter democrats.

I assume you linked that on a different day, in a different thread, on a diferent forum.

I trust you, Glory Hole.

[Cannonpointer]

And another cum guzzler who is completely clueless about capitalism.

Welcome, cum guzzler, and thanks for announcing yourself.

I would just call you CG, but that's taken.

[RichClem]

Was it Carter, or Johnson, that got rid of glass-stegall?

I said it was Reagan and his successors that deregulated the financial industry, but you straightened me out that it was pre-Carter democrats.

I assume you linked that on a different day, in a different thread, on a diferent forum.

I trust you, Glory Hole.

WTF are you babbling about? Glass Steagall was repealed under Clinton.

And it made banks stronger by allowing them to diversify out of simply mortgages the very loans that caused the meltdown.

[Vegas]

I would just call you CG, but that's taken.

That's ok, CP is taken but it could also mean Cluless Pecker. That fits you.

[Fuelman]

check out China tax rates,,,


Table of Income Tax Rates in China for an Individual in 2013




Tax %

Monthly Income (CNY)

3% 1 - 1,500
10% 1,501-4,500
20% 4,501-9,000
25% 9,001-35,000
30% 35,001-55,000
35% 55,001 - 80,000
45% 80,001 and above

Welfare in America should be taxed, it's unearned income

[Cannonpointer]

WTF are you babbling about? Glass Steagall was repealed under Clinton.

And it made banks stronger by allowing them to diversify out of simply mortgages the very loans that caused the meltdown.

I believe the little monkey has a simpleton's grasp of what caused the meltdown. It was the repackaging of mortgages into speculative debt instruments specifically outlawed by Glass Stegall, not the mortgages themselves, which caused the melt down, little monkey.

[Cannonpointer]

Exactly why you've been accurately labeled a troll and a liar.

That's "negative self-talk," son.

[golfboy]

I believe the little monkey has a simpleton's grasp of what caused the meltdown. It was the repackaging of mortgages into speculative debt instruments specifically outlawed by Glass Stegall, not the mortgages themselves, which caused the melt down, little monkey.

If the mortgages were not bad, the "speculative debt instruments" wouldn't have been bad.
The CRA was responsible for the bad mortgages, not Glass Stegall.

[RichClem]

I believe the little monkey has a simpleton's grasp of what caused the meltdown. It was the repackaging of mortgages into speculative debt instruments specifically outlawed by Glass Stegall, not the mortgages themselves, which caused the melt down, little monkey.

Oh, so the mortgages themselves would have been paid if they weren't re-packaged? No, that's stunningly stupid.

The Financial Freeze happened because mortgages were given that were not going to be paid. The form doesn't matter that much.

The problem was non-payment, not re-packaging.

But how typically stupid that you put your moonbat judgment over that of every business publication I've seen, the NYTimes and even Obama and Dems.

[Cannonpointer]

If the mortgages were not bad, the "speculative debt instruments" wouldn't have been bad.
The CRA was responsible for the bad mortgages, not Glass Stegall.

Yes, yes, and if frogs had wings their asses would not be so muscled.

Winglessness is what muscles are made of.

[golfboy]

Yes, yes, and if frogs had wings their asses would not be so muscled.
Winglessness is what muscles are made of.

It must suck to be so unable to respond to a fact, that you say stupid **** like this. ^^
******* liberal moron.

[RichClem]

It must suck to be so unable to respond to a fact, that you say stupid **** like this. ^^

******* liberal moron.

It takes real talent to utterly bungle something so clear as toxic mortgages.

The problem wasn't the unpaid debt, insists the moonbat.

[littlehawk12]

Cannonhomo really doesn't care what economic system is used as long as the handouts keep coming.

[Technocrat]

You can always tell high school is out for summer. Richclem starts making 50 threads per day spamming up the front page with his hilarious right wing delusional screeds.

[golfboy]

You can always tell high school is out for summer. Richclem starts making 50 threads per day spamming up the front page with his hilarious right wing delusional screeds.

You claim to be a socialist, why don't you explain to Cannon what that means.

[RichClem]

You can always tell high school is out for summer. Richclem starts making 50 threads per day spamming up the front page with his hilarious right wing delusional screeds.

You can always tell a moonbat by them calling common sense and knowledge "delusional screeds."

[Technocrat]

Richclem has political tourettes . But instead of saying ****, he starts to drool and rants about imaginary socialism.

[Technocrat]

Most historians lament the repeal of the Glass Steagall banking act. I will trust them over an internet professor like Richclem who openly claimed he doesn't have any regard for science and academic standards.