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5
Yep Yep
Debate Score:10
Arguments:7
Total Votes:11
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The_Kurgen(63) pic



Capitalism Happens, Collapses, We Bill The Poor And Pretend It Never Happened

Banking Collapse of 2008


Conservatives like to pretend this never happened because obviously only Communist countries collapse.

Yep

Side Score: 5
VS.

Yep

Side Score: 5
excon(18260) Banned
2 points

Hello:

Words matter..

You conflate a "banking collapse" with the collapse of capitalism.. If I recall, even in the MIDST of the banking crash you cite, I worked for money, I bought stuff, and generally lived my life unchanged..

If capitalism had collapsed, I wouldn't have been able to DO those things..

There IS a real crisis within the banking industry, however, called crony capitalism.. That problem can be fixed. But by conflating that problem with the collapse of capitalism, you wind up ignoring the very real banking crisis. That's something a good right winger would do..

excon

Side: Yep
The_Kurgen(63) Disputed
1 point

Words matter..

Get out of this thread you retarded little hypocrite. Words matter? ROFLMAO. They don't seem to matter too much when you're ignoring science and calling people Jew haters simply because they disagree with you. But now they matter? You're literally a retard.

You conflate a "banking collapse" with the collapse of capitalism.

No, YOU are trying to INVENT a false differential between the collapse of the capitalist banking system and the collapse of capitalism, a system whose financial CENTRE is... wait for it... The banking system!!

Capitalism collapsed in America, and that is PROVEN by the fact that TRILLIONS OF TAXPAYER DOLLARS were spent putting a band aid around it. Just because greedy little bastards like yourself who have never done a day's work in your entire stinking lives don't want to face reality, doesn't mean reality isn't still there anyway. Millions of people lost their homes and their jobs because the economy collapsed. That's a fact.

Now get out. Your double standards make me want to barf. You're literally a fucking idiot.

Side: Yep
1 point

Troll did Socialism build your computer ? How about your cell phone ????????

Side: Yep
1 point

NOM does Socialized Banking collapse ????? Socialism is your world so do explain your socialized banking scheme for which you promote !!!!!!!!!

Side: Yep
2 points

The inventor of Rational Market Theory, which capitalism itself has been solitarily structured around for the last eighty years, testified in front of a Senate Committee in 2009 that it doesn't work. He was wrong. See:-

https://www.ft.com/content/08bc21d8-5395-11de-be08-00144feabdc0

Side: Yep
1 point

Socialists love to pretend that socialism is capitalism when socialism fails. For example, you want to pretend that it’s capitalism for the government to require lenders to take on bad risks. You want to pretend it’s capitalism to provide government guaranteed purchases of toxic assets. And I want to pretend you could possibly understand what I’m talking about, such as how government meddling creates perverse incentives that the market will always correct. But we are both just pretending.

Not only was the housing bubble the direct result of bad government policy, but the market correction we call the crash wasn’t a failure, it was just reality catching up to Washington.

Side: Yep
1 point

Bang

That's the sound of the fact gun being fired up conservative booty holes.

Side: Yep