![Lee Camp [Redacted]](https://pbs.twimg.com/profile_images/999108402616745984/Op8zYfmV_400x400.jpg){kind=avatar}
![Lee Camp [Redacted]](https://pbs.twimg.com/profile_images/999108402616745984/Op8zYfmV.jpg)
27,000 Icelanders peacefully deposed their corrupt Prime Minister in 24 hours.
Coincidentally, 27,000 was the average size of a Bernie Sanders Rally.
#BernieWouldHaveWon
Now we have this:
U.S. bank examiners to show lighter touch, OCC's Noreika sayshttps://www.reuters.com/article/us-usa-banks-regulation-noreika/u-s-bank-examiners-to-show-lighter-touch-occs-noreika-says-idUSKBN1DK0CB …
Iceland locked up 29 bankers for their economic collapse. We in the U.S. just reward them for extracting all the wealth via intricate scams.
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How in the hell could they show a 'lighter touch?' Their model of fraud has, essentially been legalized. Only way we could be any lighter on them is if they get free daily massages funded by taxpayers and, in essence, they already do
End of conversation
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That is because we live in a bank and a prison. We are already locked up with debt, mortgages. And for our most brilliant minds.... student loan debt, with no jobs to provide you the means to pay it off. You need a PhD to figure out it is a bad deal. That’s the catch.
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And the only bank that saw any kind of retaliation was Abacus Federal Savings, a very small bank run predominantly by Chinese immigrants averaging $90K/year salaries. I believe there's a documentary about it in the works.
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I'm not of the opinion that we should have just let banks fail like in Iceland but absolutely lots and lots of people should be in jail.
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Let em fail. Speaking as a biz owner-- there's no bailout for people like me if we make mistakes or bad and/or illegal business decisions. Banks got the resources to make good decisions. They did not.
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In principle, I agree, as a matter of practicality, it's cheaper and easier for the taxpayers to save the banks than to save the individual bank customers.
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And even saving all the customers through some kind of enhanced fdic, the fallout could have caused something worse than the great depression. The regain was bad enough
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Still think that they should've failed. if they're too big to fail, they're too big to exist.
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They are too big to exist. But they do exist. We can't treat the world like it was how we wish it.
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Then, we break them up. We used to shut down monopolies. Now, we feed them.
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Iceland arrest them, in America we promote them to secretary of the treasury, same dude foreclose on an elderly woman for less than a dollar, he took her home, no he guides the nation's economy, Jesus take the wheel I guess
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That's the capitalistic way Lee. We worship the wealthy despite how their money was made. Which is why "price gouging" during Hurricane Harvey was really exactly how
#capitalism is supposed to work-supply & demand. Trump is the embodiment of getting rich any way you can.#GBAThanks. Twitter will use this to make your timeline better. UndoUndo
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good to see the “public bank” conversation being ratcheted up lately. The pressure is building against the establishment and it’s not happening only on the fringes anymore. GREAT show this week, Lee
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Yes, I posted a letter to Iceland on your fb wall last week, We bailed out the banks with tax payer money and then gave them incentive to take their homes.
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Unless you’re bernie madoff. But he made the mistake of ripping off the rich also. He should of stuck to the poor like the rest of his peers.
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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Iceland's small population matters. People's reactions can be swift and decisive.
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Oh bullshit.
End of conversation
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