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Banks yes, but not TBTF criminal enterprises that stopped being banks a long time ago.
Or the fractional reserve or the FOMC or a 3 percent target on inflation or Goldman making a commission on the sale of bonds or controlling the volume of money or controlling interest rates or having a floating exchange rate any other flavor of administrative law or allowing mercantilism without any counter measures or not having a gol standard or a shitload of other stuff i don't know about.
Hi troll, meet troll.
Troll, meet troll.
Trololololololol
Just to be clear the Ex Im bank is just a taxpayer guarantee of loans to foreign countries. The beneficiary are big companies. 1/3 of the loan guarantees go to Boeing. It is just another form of crony capitalism.
Lizzy is more of the same, benefiting big corps. She says it is because the bank creates jobs.
But as the article stated in the article:
"In fact, the Export-Import Bank does not create any net jobs. Whatever jobs it does create for the corporations it subsidizes are lost by non-subsidized businesses."
Straight from their front page...

That alone destroys their credibility. Only right-wing nutjob propaganda machines talk about Benghazi at this point.
And this is posted by the hypocrite who dismisses 9/11 responders direct testimony because they gave it during an interview on The Daily Show. What hypocritical bullshit.
Still, it does demonstrate that Warren strikes fear in conservatives. They are scared shitless that she will gain power in the senate or become president.
Elizabeth Warren is the anti-Reagan.
That alone destroys their credibility. Only right-wing nutjob propaganda machines talk about Benghazi at this point.
Look little Danny has learned how to use tautology... the libs must be so proud?
APOCALYPSEFUCKisShostikovitch says
Warren needs to show up at a Chase board meeting with a Sears over under, stuff it into Jamie Dimon's ass, blow his heart out of his mouth, catch it with her mouth and swallow it in one gulp.
I would like that, but so far it does not appear that she is so inclined.
It seems instead she is being co-opted into the beltway.
That alone destroys their credibility. Only right-wing nutjob propaganda machines talk about Benghazi at this point.
Look little Danny has learned how to use tautology... the libs must be so proud?
You really should learn the definition of a word before using it.
You really should learn the definition of a word before using it.
I understand the word just fine.
That alone destroys their credibility. Only right-wing nutjob propaganda machines talk about Benghazi at this point.
Look little Danny has learned how to use tautology
Obviously you don't understand the word just fine. That was a statement and a reason why the statement is true, not a repetition of an idea, statement, or word. If you put because between the two statements instead of a period it would show why it's not tautology.
That was a statement and a reason why the statement is true, not a repetition of an idea, statement, or word.
So you are saying that the reason it is true is:
that is a tautology that has been Danny's MO for some time (repetition)
in other words the predicate doesn't validate the subject.
Not to mention that is has fuck all to do with the subject at hand. It is more of an incrimination to Danny's sanity.
Lizzy's little fake diatribe against the Fed and then kiss up with Yellen afterwards was telling.
Here is Ms. Warren and Janet yucking it up after the grilling.
Ms. Warren is asking the hard questions, getting no answers then retreating to her mansion on the reservation.
See you at the country club at 7 Janet?
Lizzy's little fake diatribe against the Fed and then kiss up with Yellen afterwards was telling.
Are you saying the Cherokee speak with forked tongue?
Lizzy's little fake diatribe against the Fed and then kiss up with Yellen afterwards was telling.
Are you saying the Cherokee speak with forked tongue?
An economic ignoramous as phony as they come
We know how the banksters from the TBTF banks rob the economy by bidding up the price of everything we buy.
That is really the point. The TBTF did not really create any jobs, it only appeared that way because of bullshit loans. To make matters worse they got caught with their pants down when the highly leveraged MBSs imploded and then went screaming to the Fed to help them not get a spanking. This has created the mess we are now in, 6 yr of no real economic growth.
The Ex Im bank makes bullshit loans, dumb fucks like Lizzy thinks that it creates jobs but it does not. Boeing's customers for instance either can find their own financing or they should not be borrowing the money in the first place. In which case the taxpayer once again picks up the tab if the foreign customer defaults.
The Ex Im bank's budget has gone from 3.2 billion in 1986 to 134 billion in liabilities today.
The bank allows politicians like Lizzy to make political capital, but really is a liability to the US, because any time you deviate from the true market demand you create imbalances or bubbles that correct back to the market in tumultuous ways.
Not to mention that is has fuck all to do with the subject at hand
The why did you post it?
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that is a tautology that has been Danny's MO for some time (repetition)
in other words the predicate doesn't validate the subject.
Actually, that's not even my statement. It's a screen cap from the linked article's front page.
Also, since you clearly aren't a reader, here's a video that explains what a tautology is.
Ah conservatives. They make up their own facts, their own statistics, and even their own definitions of words.
Actually, that's not even my statement. It's a screen cap from the linked article's front page.
Your repetition about Benghazi being a trumped up story, makes it a continuation of your tautology.
Regarding the definition it would be more believable if the narrator of the video could pronounce the word correctly.
In any case that is an incorrect definition of the word for the context that I'm talking about.
What seems to be the problem? Lizzy's just a member of the BIG CLUB.
I think some are jealous.
What seems to be the problem? Lizzy's just a member of the BIG CLUB.
Ceptin she says she ain't.
http://townhall.com/tipsheet/conncarroll/2014/07/18/elizabeth-warren-backs-corporate-welfare-bank-n1863643?utm_source=thfbp&utm_medium=fbpage&utm_campaign=thupdate