Crunk Times, My friend.....Crunk Times

[Chevillac 5,000+ posts]

No pics

Youre a fucking faggot man

Good. Honestly, it probably should've been done a long time ago. Tough to boot one of our own //content.invisioncic.com/y282845/emoticons/frown.gif.a3531fa0534503350665a1e957861287.gif

true. what happened with that now? Where is the thread?

Gah, midterm @ 9:30...
nG

lame.

 

[Chevillac 5,000+ posts]

this microsoft trial is downloading at 34kb/s weak

 

[DBfan187 5,000+ posts]

Bailed Out Bank of America Sponsors Super Bowl Fun Fest
Morgan Stanley Hosts Conference at 5-Star Resort in Palm Beach

By BRIAN ROSS, MEGAN CHUCHMACH, ASA ESLOCKER and JOE RHEE

February 2, 2009

Despite a near collapse that required $45 billion in federal taxpayer bailout funds, Bank of America sponsored a five day carnival-like affair just outside the Super Bowl stadium this past week as President Obama decried wasteful spending on Wall St.

The event – known as the NFL Experience – was 850,000 square feet of sports games and interactive entertainment attractions for football fans and was blanketed in Bank of America logos and marketing calls to sign up for football-themed banking products.

The bank staunchly defended its sponsorship, saying it was a "business proposition" and part of its "growth strategy."

Critics blasted the spending as a serious abuse of taxpayer money.

http://www.abcnews.go.com/Blotter/story?id=6782719

Let banks fail, says Nobel economist Joseph Stiglitz
The Government should allow every distressed bank to go bankrupt and set up a fresh banking system under temporary state control rather than cripple the country by propping up a corrupt edifice, according to Joseph Stiglitz, the Nobel Prize-winning economist.

By Ambrose Evans-Pritchard in Davos

Last Updated: 8:29AM GMT 02 Feb 2009

Professor Stiglitz, the former chair of the White House Council of Economic Advisers, told The Daily Telegraph that Britain should let the banks default on their vast foreign operations and start afresh with new set of healthy banks.

"The UK has been hit hard because the banks took on enormously large liabilities in foreign currencies. Should the British taxpayers have to lower their standard of living for 20 years to pay off mistakes that benefited a small elite?" he said.

"There is an argument for letting the banks go bust. It may cause turmoil but it will be a cheaper way to deal with this in the end. The British Parliament never offered a blanket guarantee for all liabilities and derivative positions of these banks," he said.

Mr Stiglitz said the Government should underwrite all deposits to protect the UK's domestic credit system and safeguard money markets that lubricate lending. It should use the skeletons of the old banks to build a healthier structure.

"The new banks will be more credible once they no longer have these liabilities on their back."

Mr Stiglitz said the City of London would survive the shock of such a default because it would uphold the principle of free market responsibility. "Counter-parties entered into voluntary agreements with the banks and they must accept the consequences," he said.

Such a drastic course of action would be fraught with difficulties and risks, however. It would leave healthy banks in an untenable position since they would have to compete for funds in the markets with state-run entities.

Mr Stiglitz's radical proposal is a "Chapter 11" scheme for households to allow them to bring their debts under control without having to go into bankruptcy. "Families matter just as much as firms. The US government can borrow at 1pc so why can't it lend directly to poor people for mortgages at 4pc. ," he said.

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/4424418/Let-banks-fail-says-Nobel-economist-Joseph-Stiglitz.html

 

[ngsm13 5,000+ posts]

INdeed.

nG

 

[Chevillac 5,000+ posts]

for some reason, i thought bank of america wasnt one of the ones to get a bailout, i thought they bought a failing bank.

thats why i didnt really get your comment the other day DB.

Now I will read the article and probly get my answer.

 

[Chevillac 5,000+ posts]

hmmm i guess they were. but didnt they buy someone else?

oh they bought merril lynch.

how do you buy another company, then get a bailout? haha

 

[SyKo13 5,000+ posts]

I iz no feggot

 

[Chevillac 5,000+ posts]

Good. Honestly, it probably should've been done a long time ago. Tough to boot one of our own //content.invisioncic.com/y282845/emoticons/frown.gif.a3531fa0534503350665a1e957861287.gif

should have banned you too for selling me a broken sub.

but really, "one of our own" wouldnt be a scammer.

I iz no feggot

what did i say

 

[IamDeMan 5,000+ posts]

Gah, midterm @ 9:30...
nG

gLuck

http://www.abcnews.go.com/Blotter/story?id=6782719
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/4424418/Let-banks-fail-says-Nobel-economist-Joseph-Stiglitz.html

ugggh

 

[WhoSayWho? 5,000+ posts]

should have banned you too for selling me a broken sub.

but really, "one of our own" wouldnt be a scammer.

what did i say

Werd, we just thought he was for a while. I would have liked to have seen him make some effort through payments, although truth be told the guy did not bargain to give an interest free loan.

Dcole (am I sure you are reading this) despite what it may seem, you really did get more of the benefit of the doubt than we would have given most. We didn't want to think the worst, but in the other hand we are not stupid either. I still think that you did not set out to scam the guy, but you took on a project that you never should have. It's my belief that by the time you came to the realization that you would not be able to produce, you had spent the money so you just disappeared from the other forum. Now you simply lack the motivation to cough up over 300 bucks when money is already tight.

 

[DBfan187 5,000+ posts]

dcole's just waiting for a bailout and I don't think an Obama check will help

 

[Eugenics 5,000+ posts]

should have banned you too for selling me a broken sub.

but really, "one of our own" wouldnt be a scammer.

what did i say

so what you're saying, basically, is that i'm not one of you guys?

 

[WhoSayWho? 5,000+ posts]

so what you're saying, basically, is that i'm not one of you guys?

I have always thought you were better than us.

 

[DBfan187 5,000+ posts]

everybody wants to be like Mike ...

 

[IamDeMan 5,000+ posts]

Ever since I switched to a bran cereal, things have been pretty regular.