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(The Hill) Amusing Cain: Banks want to help people but the mean old government won't let them   (thehill.com) divider line 60
More: Amusing, Herman Cain, Wall Street reform, Dodd-Frank, failed banks, Guy Fawkes  
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1283 clicks; posted to Politics » on 19 Oct 2011 at 4:29 PM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»   |    Get this fabulous T-Shirt and impress the methane out of your friends! shirt it!



60 Comments   (+0 »)
   

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2011-10-19 01:48:30 PM
In his defense, it makes about as much sense as the "uncertainty" crap.
 
2011-10-19 01:50:23 PM
Exactly what is he putting on that pizza?
 
2011-10-19 01:54:14 PM
Is he going to cite examples of these horrible regulations that are ruining the country so we can debate their merits, or just talk about how they exist and we're just supposed to trust him?
 
2011-10-19 01:55:18 PM
sure they want to help...themselves to your money
 
2011-10-19 01:57:17 PM
And by help they mean fee you to death.
 
2011-10-19 01:57:22 PM
Diogenes: In his defense, it makes about as much sense as the "uncertainty" crap.

Look, if we can't guarantee that laws and economic conditions won't change, then why should businesses bother to take a risk? They might lose money!
 
2011-10-19 01:58:04 PM
birchman: Is he going to cite examples of these horrible regulations that are ruining the country so we can debate their merits, or just talk about how they exist and we're just supposed to trust him?

He's just going to make shiat up. if he says it loud enough and long enough people will believe him.

see also: politician
 
2011-10-19 01:59:37 PM
hillbillypharmacist: Diogenes: In his defense, it makes about as much sense as the "uncertainty" crap.

Look, if we can't guarantee that laws and economic conditions won't change, then why should businesses bother to take a risk? They might lose money!


They'll take risks. But only when it's someone else's money at stake. Maybe that's one of the vague regulations Cain's talking about.
 
2011-10-19 02:06:32 PM
Cain is not a serious candidate and people should stop paying attention to him.
 
2011-10-19 02:09:21 PM
birchman: Is he going to cite examples of these horrible regulations that are ruining the country so we can debate their merits, or just talk about how they exist and we're just supposed to trust him?

I'm sure it would take more than three pages, so that's out of the question.
 
2011-10-19 02:22:36 PM
Marcus Aurelius: birchman: Is he going to cite examples of these horrible regulations that are ruining the country so we can debate their merits, or just talk about how they exist and we're just supposed to trust him?

I'm sure it would take more than three pages, so that's out of the question.


Three pages? Look, if it can't fit on Godfather's placemat, I'm not interested.
 
2011-10-19 02:26:12 PM
"The number of banks that have been shut down in the last year is greater than the amount that were shut down the year before. Because of FDIC. rules, some of them are so scared that they're going to step outside of a rule and get shut down, that some of them just don't get as creative as they could get."

Wasn't the banks getting "creative" part of the problem to begin with?
 
2011-10-19 02:28:45 PM
dletter: "The number of banks that have been shut down in the last year is greater than the amount that were shut down the year before. Because of FDIC. rules, some of them are so scared that they're going to step outside of a rule and get shut down, that some of them just don't get as creative as they could get."

Wasn't the banks getting "creative" part of the problem to begin with?


i love the very next paragraph:

"There have been 80 bank failures so far in 2011, which is actually down from 157 in 2010, although there have been more than 300 since 2008. Many of the failed banks were dealing with bad loans made during the run-up to the housing bubble."
 
2011-10-19 03:25:58 PM
birchman: Is he going to cite examples of these horrible regulations that are ruining the country so we can debate their merits, or just talk about how they exist and we're just supposed to trust him?

Obamacare!

Small businesses with less than 50 employees can't higher, because of the uncertainty it brings.

For instance, if they choose to offer healthcare, they don't exactly know how much money the newly available deductions and insurance pools for small businesses will save them vs over no Obamacare.
 
2011-10-19 03:28:31 PM
impaler: can't higher

can't hire, rather...
 
2011-10-19 03:36:11 PM
t3.gstatic.com
 
2011-10-19 04:16:22 PM
ManateeGag: Exactly what is he putting on that pizza?

Based on the one time I had Godfathers, I'd say roadkill, lawn clippings and ketchup.
 
2011-10-19 04:25:27 PM
And ... there went that campaign.

So ... Mitts and Obama? Obama in a landslide after bananas Perry runs as a 3rd party?
 
2011-10-19 04:32:20 PM
ParallelUniverseParking: [t3.gstatic.com image 243x207]

This^
 
2011-10-19 04:33:17 PM
If your savings interest rates continue to go down while your bank executive salaries go up by many many multiples of that rate, your bank may not give two shiats about you.

//hint: your bank does not give two shiats about you.
 
2011-10-19 04:34:28 PM
Lionel Mandrake: ManateeGag: Exactly what is he putting on that pizza?

Based on the one time I had Godfathers, I'd say roadkill, lawn clippings and ketchup.


So.... basically what he found on his electrified fence (insert "salsa" for "ketchup" though).
 
2011-10-19 04:38:32 PM
Cain then said he would release his own exercise DVD: 6 Minute Abs.
 
2011-10-19 04:39:07 PM
img265.imageshack.us
 
2011-10-19 04:40:50 PM
Ah yes, the indeterminate mean old government that destroys businesses with REGULATIONS!

There's no need to be specific. Just accept it.
 
2011-10-19 04:44:44 PM
Tune in next week for the following advice from the GOP:

I'm sorry to hear you have leukemia. The only solution is to stop meddling with your body's natural immune system and end chemotherapy immediately.

Your house got broken into? Obviously you need to get rid of the locks. Hell, just remove the doors altogether.

People are driving too fast through your neighborhood? Just get rid of the speed limit signs!
 
2011-10-19 04:48:19 PM
Regulations are so bad that corporations are sitting on record profits and we still have 9% unemployment.
 
2011-10-19 04:50:50 PM
I continue to be amazed at how all the GOP candidates are screaming for less bank/Wall St. regulation, right after those very people screwed over consumers because of a lack of regulation.

LOGIC, MOTHERF---ERS, USE IT
 
2011-10-19 04:51:29 PM
AkaDad: Regulations are so bad that corporations are sitting on record profits and we still have 9% unemployment.

You get an e-cookie. Well said.
 
2011-10-19 04:57:07 PM
Trivia Jockey: I continue to be amazed at how all the GOP candidates are screaming for less bank/Wall St. regulation, right after those very people screwed over consumers because of a lack of regulation.

LOGIC, MOTHERF---ERS, USE IT


If you stick to the idea that the CRA caused the mortgage meltdown and Fannie/Freddie were the driving forces behind the economic collapse, then it isn't that hard to say that government is the sole problem.

All you have to do is ignore the unregulated credit market and the removal of restrictions related to investment/insurance/commercial banking co-mingling in the same company and you're set.

Just think, if McCain had been elected President, Phil Gramm could've been the Secretary of the Treasury as we spend 5 years recovering from the removal of regulations in the bill that he created. It's like rain on your wedding day.
 
2011-10-19 04:59:21 PM
Trivia Jockey: I continue to be amazed at how all the GOP candidates are screaming for less bank/Wall St. regulation, right after those very people screwed over consumers because of a lack of regulation.

LOGIC, MOTHERF---ERS, USE IT


Do you think it's coincidence these people also tend to be highly religious?

US exceptionalism. Teh Jeebus. The innate perfection of the free market.

We're talking about minds that are innately drawn to (and need) dogma. Dogma provides order in an otherwise chaotic and random universe.
 
2011-10-19 05:03:27 PM
banks should be able to do whatever they want with the money in their bank, its their money right? you gave it to them...
 
2011-10-19 05:08:48 PM
Trivia Jockey: I continue to be amazed at how all the GOP candidates are screaming for less bank/Wall St. regulation, right after those very people screwed over consumers because of a lack of regulation.

It gets even better when you realize that many of the people who are accepting this bullshiat spoon after heaping spoon were screwed over as well.
 
2011-10-19 05:09:20 PM
Trivia Jockey: AkaDad: Regulations are so bad that corporations are sitting on record profits and we still have 9% unemployment.

You get an e-cookie. Well said.


Thanks. I've been a Farker for 4 years and this is my first cookie.
 
2011-10-19 05:10:59 PM
AkaDad: Trivia Jockey: AkaDad: Regulations are so bad that corporations are sitting on record profits and we still have 9% unemployment.

You get an e-cookie. Well said.

Thanks. I've been a Farker for 4 years and this is my first cookie.


They're very rare these days.
 
2011-10-19 05:14:17 PM
Trivia Jockey: AkaDad: Trivia Jockey: AkaDad: Regulations are so bad that corporations are sitting on record profits and we still have 9% unemployment.

You get an e-cookie. Well said.

Thanks. I've been a Farker for 4 years and this is my first cookie.

They're very rare these days.


Since the bank started hoarding them all those bastards. I've been a farker since '01, and I was the Cookie-farkin' monster back in my day!
 
2011-10-19 05:16:04 PM
MachineHead: Trivia Jockey: AkaDad: Trivia Jockey: AkaDad: Regulations are so bad that corporations are sitting on record profits and we still have 9% unemployment.

You get an e-cookie. Well said.

Thanks. I've been a Farker for 4 years and this is my first cookie.

They're very rare these days.

Since the bank started hoarding them all those bastards. I've been a farker since '01, and I was the Cookie-farkin' monster back in my day!


I SUPPORT A RETURN TO A COOKIE BACKED FARKONOMY.
 
2011-10-19 05:21:46 PM
sprawl15: I SUPPORT A RETURN TO A COOKIE BACKED FARKONOMY.

The 1% should not get all the deliciousness!!
 
2011-10-19 05:25:41 PM
Trivia Jockey: sprawl15: I SUPPORT A RETURN TO A COOKIE BACKED FARKONOMY.

The 1% should not get all the deliciousness!!


img560.imageshack.us
 
2011-10-19 05:31:14 PM
Virulency: banks should be able to do whatever they want with the money in their bank, its their money right? you gave it to them...

I lol'd, new keyboard, etc.
 
2011-10-19 05:40:38 PM
"George, let me help you..."

2.bp.blogspot.com
 
2011-10-19 05:52:10 PM
"Here's how you encourage the banks: Remove barriers that are keeping them from doing business the way they want to," Cain said.

THAT WAS THE PROBLEM IN THE FIRST PLACE.
 
2011-10-19 05:54:42 PM
ManateeGag: Exactly what is he putting on that pizza?

Mushrooms. Lots of mushrooms.

webarts-lamp.cit.cornell.edu
 
2011-10-19 05:56:47 PM
AkaDad: Regulations are so bad that corporations are sitting on record profits and we still have 9% unemployment.

Damn right.
/clap
 
2011-10-19 05:57:38 PM
Yeah. That's why, instead of using big bailout checks they got to lend more money out to people, they bought out their smaller competitors.
 
2011-10-19 05:58:57 PM
FTA: "Here's how you encourage the banks: Remove barriers that are keeping them from doing business the way they want to," Cain said.

Yes, we're all aware of the way they want to do business. They want to make bad loans and shuffle them off to some poor sap who doesn't know any better. But, you see, not too long ago we all realized that wasn't tennable. I'm not sure where you were, but let me fill you in. When the house of cards fell down, the banks asked the government for a huge bailout. This scenario has happened twice in my lifetime, and I'm only 37.

Again?!? That trick never works!
 
2011-10-19 06:06:41 PM
Trivia Jockey: AkaDad: Trivia Jockey: AkaDad: Regulations are so bad that corporations are sitting on record profits and we still have 9% unemployment.

You get an e-cookie. Well said.

Thanks. I've been a Farker for 4 years and this is my first cookie.

They're very rare these days.


Probably all that uncertainty in the air.
 
2011-10-19 06:08:45 PM
vernonFL: Cain is not a serious candidate and people should stop paying attention to him.

20- - hell even ten - years ago I would say that's a fair statement. The problem is that with each passing cycle the idiots are gaining more and more validity. There is nothing alarmist or paranoid about the idea that one of these dickwidgets could actually obtain serious political power. I don't really see that in 2012, but 2016 isn't long off. You and I both will still be alive to see the moment America finally lost its sh*t, likely to thunderous applause.
 
2011-10-19 06:28:15 PM
Look, assholes, we know banks and corporations aren't out to help people. They're out for profit. They've always been out for profit. And we've always accepted that because, for as greedy and single-minded as they are in that pursuit, they don't usually act like misanthropic psychopaths for the sake of profit. And if they did the government used to be there to smack them into place.

And we were all happy then.

Don't go trying to change history, Republicans. Don't tell us things that are so obviously untrue. They have a name for corporations that "really want to help people": non-profits. Those have never been the problem.
 
2011-10-19 06:56:41 PM
CanonicalNerd: Yes, we're all aware of the way they want to do business. They want to make bad loans and shuffle them off to some poor sap who doesn't know any better. But, you see, not too long ago we all realized that wasn't tennable. I'm not sure where you were, but let me fill you in. When the house of cards fell down, the banks asked the government for a huge bailout. This scenario has happened twice in my lifetime, and I'm only 37.

Again?!? That trick never works!


I always picture Republican voters like Elmer Fudd, and the Republican party like Bugs Bunny.

Fudd: But I'm poor now!
Bugs: Eh [munch munch munch] We didn't do that doc.
Fudd: Weally?
Bugs: No, no doc it was those liberals. They did that to ya. Fannie and Freddie and all that.
Fudd: They did?
Bugs: Sure doc! Just let me remove some regulations and you be just fine!
Fudd: Well......ok......
 
2011-10-19 08:06:13 PM
My credit score just dropped 60 points because I went on a business trip on short notice and my company made me pay for it out of pocket, only reimbursing me afterwards. I used 75% of my credit limit and paid it off within a week.

Sure, corporations don't screw you, and the banks don't either.
 
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