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rich_magnet (Member Profile)
Congratulations! Your comment on Waffle The Kenyan Sand Boa Playing With His Toy has just received enough votes from the community to earn you 1 Power Point. Thank you for your quality contribution to VideoSift.
How Was Burning Man?
Bah. Walking around drinking capri sun with teenage girls in feather boas? That shit's just asking for moop. Virgin.
WTF is in the middle of this tree?
Looks kind of like a rubber boa
How To Talk Minnesotan
The thumbnail image for this video has been updated - thumbnail added by Mordhaus.
NBA's All-Ugly Team
Steve Nash looks fine with a decent haircut-
http://assets.sbnation.com/assets/1073274/Nash_BSoS_2.jpg
These two guys though, when they stood together on the court blinded the other players with pale ugly gym shorts ugly.
Danny Ainge & Kevin McHale
http://thumbs.boa.ulximg.com/sites/default/files/styles/article_gallery/public/article/images/ainge_mchale_0.jpg?itok=b2FgEoqr
Just some hot chick walkin' down the street
The thumbnail image for this video has been updated - thumbnail added by Barseps.
Low Cost Solution To Landmine Clearance.
like solar powered landmine boas?
>> ^bmacs27:
Good idea, but it's sort of specific to deserts unfortunately. If only there was something like this for the rain forest.
Matt Taibbi on Bank of America -- Occupy Wall Street Video
Letting BoA fail won't do much of anything to prevent other banks from doing what they shouldn't be. And the simple fact is BoA or any corporation that size isn't monolithic. Some people had nothing to do with the fraud, and would lose their jobs.
Not to mention what it would do macroeconomically to the US.
>> ^bookface:
Those are all fine ideas but the time for them has passed. If our leaders had the integrity, ability, etc. to do as you suggest then there wouldn't be an Occupy movement. If our politicians, judges, and other civilian authorities were not wholly owned subsidiaries of the banking industry then I think the suggestions you make would have a good shot of happening.
>> ^heropsycho:
You can make an omelet without turning the gas up all the way for a few minutes and then light a match.
Instead of letting BoA fail, which likely would trigger another massive recession and undoing the economic rebound since the crash, why can't we...?
Institute regulations to prevent the fraud in the first place?
Massively commit to and reform regulatory bodies to be able to enforce these regulations?
Bring those responsible for fraud to justice?
Reinstitute Glass-Steagall?
There are a ton of things that can be done without letting a BoA fail with the economy still fragile.
>> ^bookface:
Can't make an omelet…
>> ^heropsycho:
I'm all about punishing those who perpetrated fraud, but I don't think he understands what the damage would be to the US and world economy as a result of Bank of America going under.
Matt Taibbi on Bank of America -- Occupy Wall Street Video
Those are all fine ideas but the time for them has passed. If our leaders had the integrity, ability, etc. to do as you suggest then there wouldn't be an Occupy movement. If our politicians, judges, and other civilian authorities were not wholly owned subsidiaries of the banking industry then I think the suggestions you make would have a good shot of happening.
>> ^heropsycho:
You can make an omelet without turning the gas up all the way for a few minutes and then light a match.
Instead of letting BoA fail, which likely would trigger another massive recession and undoing the economic rebound since the crash, why can't we...?
Institute regulations to prevent the fraud in the first place?
Massively commit to and reform regulatory bodies to be able to enforce these regulations?
Bring those responsible for fraud to justice?
Reinstitute Glass-Steagall?
There are a ton of things that can be done without letting a BoA fail with the economy still fragile.
>> ^bookface:
Can't make an omelet…
>> ^heropsycho:
I'm all about punishing those who perpetrated fraud, but I don't think he understands what the damage would be to the US and world economy as a result of Bank of America going under.
Matt Taibbi on Bank of America -- Occupy Wall Street Video
You can make an omelet without turning the gas up all the way for a few minutes and then light a match.
Instead of letting BoA fail, which likely would trigger another massive recession and undoing the economic rebound since the crash, why can't we...?
Institute regulations to prevent the fraud in the first place?
Massively commit to and reform regulatory bodies to be able to enforce these regulations?
Bring those responsible for fraud to justice?
Reinstitute Glass-Steagall?
There are a ton of things that can be done without letting a BoA fail with the economy still fragile.
>> ^bookface:
Can't make an omelet…
>> ^heropsycho:
I'm all about punishing those who perpetrated fraud, but I don't think he understands what the damage would be to the US and world economy as a result of Bank of America going under.
Self Absorbed Teens (Not Getting an Iphone) Amazing Atheist
>> ^Trancecoach:
the corporations create the need.
Urm... they do? I can agree corporations in general are soulless fucks who should be behind bars (BoA for example...) but to say that is... like saying politicians are responsible for our current state of decline in America (It is the voters...the elderly people scared of their own shadows, the entitled, the rich and snotty, etc.)
Yeah, corporations blast TV commercials meant to brainwash adults and children... But they are just an extension of the people's wants. Remember, democracies fail for a reason...
Peter Schiff vs. Cornell West on CNN's Anderson Cooper 360
A. We have been running counter-cyclical deficits. You can say what you want about the "shell game", which I btw don't agree with as a characterization, in the mid to late 90's, but compare that to the deficits run post 9/11. There's a marked difference. Compare George W. Bush deficits of the mid 2000's to what Obama has done. When the economy tanked, deficits grew, not stayed the same or shrunk.
http://www.usgovernmentspending.com/include/us_deficit_100.png
I completely agree with you we have failed to run surpluses when the economy has been prospering. That is absolutely the case, but you definitely see swelling of deficits in response to recessions in the chart above. That's a Keynesian idea, even if it is shared with the monetarists.
B. Yeah, I'm sure. Granted, LOL @ Ballmer from time to time.
D. Individuals may be skeptical of the FDIC right now, but we're speaking of the influence systemically of the FDIC. This past financial crisis was all about a credit crisis. Part of why the recession occurred occurred was an eroding of available credit due to pervasive fear and mistrust, a lot among banking institutions of each other. The last thing we needed was a run on the banks, and that was very largely avoided. The FDIC was a huge reason for that. Had there been, more banks would have gone under, and banks still surviving would have been even more irrationally tight on lending. That would have been absolutely disastrous. There's little doubt in my mind we would have seen 20% unemployment.
>> ^bmacs27:
A. Lol at counter-cyclic budget deficits. I know they played that whole shell game with social security in the 90s, but other than that, I don't think we've really been running many counter-cyclic Keynesian surpluses. The other thing to remember is that monetarism is a derivative of Keynesian theory, so it isn't surprising that they have some overlapping prescriptions. I guess I would push my argument further by stating that Greenspan is broadly considered a monetarist, and he pretty much ran the economy over that interval. Teh maestro.
B. Heh, you sure about that? "I LOVE this COMPANY!!!!!!!"
C. I think we pretty much agree here without getting to wonkish.
D. My GF is in ING. It's now capital one, so she's likely leaving it. Pretty much I wish your average bank was much smaller than they are today. Also, I wouldn't be so confident in that FDIC insurance. The FDIC itself is in some dire straights. Also, they just moved all that bad Merrill paper into FDIC insured subsidiaries of BoA so that they could borrow against the deposits at better short term rates to support it.
Peter Schiff vs. Cornell West on CNN's Anderson Cooper 360
A. Lol at counter-cyclic budget deficits. I know they played that whole shell game with social security in the 90s, but other than that, I don't think we've really been running many counter-cyclic Keynesian surpluses. The other thing to remember is that monetarism is a derivative of Keynesian theory, so it isn't surprising that they have some overlapping prescriptions. I guess I would push my argument further by stating that Greenspan is broadly considered a monetarist, and he pretty much ran the economy over that interval. Teh maestro.
B. Heh, you sure about that? "I LOVE this COMPANY!!!!!!!"
C. I think we pretty much agree here without getting to wonkish.
D. My GF is in ING. It's now capital one, so she's likely leaving it. Pretty much I wish your average bank was much smaller than they are today. Also, I wouldn't be so confident in that FDIC insurance. The FDIC itself is in some dire straights. Also, they just moved all that bad Merrill paper into FDIC insured subsidiaries of BoA so that they could borrow against the deposits at better short term rates to support it.
Score one for a Customer Rebellion: Banks to Drop $5 fees!
So happy to see that people sharing information can make some change in the world. Today I heard some other news about BoA: http://videosift.com/video/Bank-of-Americas-Death-Rattle
Financial Sector Shuts Down Wikileaks
>> ^Eukelek:
>> ^marbles:
The CIA has run out of money? LOLz
Hey Assange, we're still waiting for the "leak" on BoA. It's been almost a year now.
Or is this what all this theater is about? Are you setting the stage so when BoA or some other bank implodes from the trillions of worthless derivatives, they can point the finger at wikileaks and blame it on internet "terrorists" anonymous?
In a conference a couple days ago, Assange said how that information was lost since the person who had custody of it ended up selling it or losing it after having his loyalty to wikileaks compromised. That that person does not work for wikileaks anymore and never will and apparently that he was sorry but that leak might never be produced. If i find the link, I will post it here...
Lol, he should've just said his dog ate it. That would've been more believable.