Many on DU hoping for economic collapse

[Freeper]

bbinacan  (1000+ posts) Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list      Sun Mar-16-08 09:30 PM
Original message
Many on DU hoping for economic collapse
   
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I'm sick and ****ing tired of many here that seem to want an economic collapse. Why the loathsome attitude toward the Federal Reserve Bank. Do you even know why it was created? It was created, in part, to provide liquidity to banks to avoid runs on the banks. An Adam Smith attitude would say, you guys fouled up, and you may go out of business. My common sense tells me that there must be equilibrium in the liquidity of the banking system to maintain confidence with the depositor.

NO FED = BANK RUNS.

Get a clue folks.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x3019420#3019435

thunder rising  Donating Member  (1000+ posts) Journal  Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list      Sun Mar-16-08 09:32 PM
Response to Original message
1. THIS SYSTEM MUST COLLAPSE. IT'S AN INSTITUTION OF CRONIES

I love these responses

Zynx  Donating Member  (1000+ posts) Journal  Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list      Sun Mar-16-08 09:33 PM
Response to Reply #1
2. You think that won't hurt you?

WHEN CRABS ROAR  (781 posts) Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list      Sun Mar-16-08 09:39 PM
Response to Reply #1
7. If it does collapse, you will probably be first to complain that your
   
ATM card won't work.

reggie the dog  (722 posts) Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list      Mon Mar-17-08 06:47 PM
Response to Reply #7
90. that would imply
   
that we actually had any money to take out.......

Wow so this primitive is broke and he wants everyone to be broke too because of that.
We have been saying that DUmmies believed this for years now they actually admit to it.

asthmaticeog  Donating Member  (1000+ posts) Journal  Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list      Sun Mar-16-08 10:45 PM
Response to Reply #1
49. If it collapses, WE starve to death, not them.

Exactly. The people who would suffer the most would be the primitives. Meanwhile smart people would figure out how to survive.

martymar64  Donating Member  (1000+ posts) Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list      Tue Mar-18-08 06:00 PM
Response to Reply #49
137. If it collapses, WE THE PEOPLE will finally wake up
   
and man, will they be pissed. Maybe mad enough to start taking up arms and bringing some long overdue justice to the fats cats that have brought us to this point. It might end up like Russia in 1918 or France in 1789. It wouldn't hurt me a bit to see a few CEOs strung up like Mussolini or on the block like Charles the First or Louis the Sixteenth or full of bullets like the Czar.
Sometimes it takes thing like total economic collapse to shake people out of their complacency and their complicity. It's not a matter of wanting it, it's already happening and nobody, not Hillary, not Barack, can stop it.

Interesting read, some rational replies and tons of really wacked out replies.

[Chris_]

ozone_man  (1000+ posts)      Wed Mar-19-08 09:36 PM
Response to Reply #221
224. The bubble was created under Clinton in the 90's.
 Edited on Wed Mar-19-08 09:37 PM by ozone_man
Bush only inherited it and made it worse. It has nothing to do with Nader.

It was a bubble created under a Democratic administration. You probably remember the stock market crash in 2000, where the NASDAQ went from 5,000 to 1,100 while Clinton was in office. That can't be blamed on Bush, for he wasn't in office yet. It was eight years of Clinton bubble economics.

Watch out, Ozone Man.  I hear them digging your grave.

[BlueStateSaint]

martyrmar doesn't realize that the last people we would want in charge if this happened would be individuals like him.  Matter of fact, individuals like him would be the first killed off, and probably not by starvation--more like "traumatic lead injection."