Message from @Ghostler
Discord ID: 471055782130089995
As much as i dont like bail outs
They do have to pay back the money
YEAH woudlt want them defaulting on all the loans they gave out
I mean the bailout, the bailout was a low-interest loan.
the gouvt woudl essentially turn into a communist regeime with all teh buisnesses theyd own from collecting that defaulted debt
the problem is that it encourages risky behavior
What Lastson said
yeah for real,, risky buisness
Yes, like i said, i still really dont like it.
If theyk now they're just gonna be bailed out if they fuck up, they can just take any risk, no loss
you can't subsidise reckless behavioru and hope people get more responsible
Just want to disspell the conception that it was money just tossed at them.
tbh, the bailout should be both refunded AND come with interest given back to the people
for the banks screwups
wasn't there slight interest on it?
not good enough, I want free money! 😛
It does have interest, (Quite low though, 1-2% a year, only equalizes inflation)
I don't think it was enough interest to even mitigate inflation
Did it equalize it?
It was a little under inflation in practice i think
I thought it was still in the negative, just slightly
but I'd need to go through all that shit
Regardless
irregardless
It was close
irreunregardless
The problem is more what you said, if they know that when the going gets rough they'll be bailed out
Then it encourages risky behaviour
It also gives them a unfair advantage against smaller banks that wouldnt be bailed out
but wasn't it also a thing that the banks were forced to loan to people buying houses or something by the state?
i recall something like that having been done
We should exile those who burn the national flag to Liberia
Nah, Amendments before offense
Flag burning has come up as a 1st amendment issue several times.
As detestable as it is, the argument does tend to ultimately hold that when done as a protest it's a free speech issue.
I think people who argue for abolishing free speech should be sent to Liberia
Or anywhere without Free Speech, really
Cuba, Venezuela
https://thoughtcatalog.com/joshua-goldberg/2014/12/college-students-asking-for-censorship-is-a-thing/
Bear in mind this was 2014.
ive heard of this really great protest in the vietnam war
done by veterans agaisnt vietnam