You don't know what you're talking about. That's why you do not understand what I am saying...
Like the one guy said bonuses are paid across the company. People like you and I who are not running the banks are open to the possibility of
receiving incentive to work harder.. We spend money and buy things from other people and so on and so on... I wouldn't ask you to sacrifice your
bonus because your ignorant neighbor didn't understand they could not afford a 300,000 dollar home with no job. Yes people at the bank should
receive a bonus, No they shouldn't be told they cannot have a bonus because of IDIOTS., are you for real? I hope the two of us never talk again.
[edit on 14-2-2009 by etombo]
[edit on 14-2-2009 by etombo]
Should Bailed Out Banks Still Give Bonuses? - Above Politics 52, page 2
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reply posted on 14-2-2009 @ 11:56 PM by Frankidealist35
reply to post by etombo
Are you saying that they should waste taxpayers money on bonuses that are supposed to be used for lending purposes?
I think banks should give money like Homer thinks but you'd be seriously I don't know... you couldn't seriously think and defend a position saying that banks should use taxpayers money for bonuses.
Are you saying that they should waste taxpayers money on bonuses that are supposed to be used for lending purposes?
I think banks should give money like Homer thinks but you'd be seriously I don't know... you couldn't seriously think and defend a position saying that banks should use taxpayers money for bonuses.
reply posted on 15-2-2009 @ 03:05 PM by etombo
reply to post by Frankidealist35
I want to figure out how much of your tax dollars are going to the banks so I can personally write you a check to stop being such a whiner. It isn't like these bonuses aren't spent on things... Spending is certainly not a huge factor in a recession.
I want to figure out how much of your tax dollars are going to the banks so I can personally write you a check to stop being such a whiner. It isn't like these bonuses aren't spent on things... Spending is certainly not a huge factor in a recession.
reply posted on 15-2-2009 @ 03:42 PM by Frankidealist35
reply to post by etombo
So you would rather these banks have the money than that money being put in the spenders? I'm sure in your country you would rather have the money that is supposed to be for tax payers be lent to the tax payers as opposed to being just lent to greedy bankers that just spend it on themselves... that isn't "change we can believe in". Oh, so I get it, why don't you just give all your money to the bankers if you want them to spend so badly?
So you would rather these banks have the money than that money being put in the spenders? I'm sure in your country you would rather have the money that is supposed to be for tax payers be lent to the tax payers as opposed to being just lent to greedy bankers that just spend it on themselves... that isn't "change we can believe in". Oh, so I get it, why don't you just give all your money to the bankers if you want them to spend so badly?
reply posted on 17-2-2009 @ 08:17 AM by Frankidealist35
reply to post by etombo
The problem is that the banks aren't lending the money. Why should we give money to the banks when they are keeping it to themselves and giving themselves bonuses?
The problem is that the banks aren't lending the money. Why should we give money to the banks when they are keeping it to themselves and giving themselves bonuses?
reply posted on 18-2-2009 @ 03:53 PM by Freedom ERP
reply to post by etombo
So all us idiot consumers are the reason for the banking crisis?? I fail to see how consumers are to blame for the greed of the banks to lend money to people who had the dream to own their own home. The banks fails to have proper control of the lending process and lent money to people who could not afford the repayments.
Then those banks sold the debts they had on to other companies who were looking to make a profit on the sold debts, and in some cases, there debts were sold on several times.
So how in all this, can I be to blame?
And how are the banks better placed to spend this bail out bank. What are they doing with the vast sums that have been given them. Giving credit to business so they can expand, grow and take advantage of new business opportunties?
And why should any bank that has taken tax payers money to bail them out, pay any of their staff a bonus. As some of the posters have said that bonuses should be paid to reward banks that have done well, not thoses that has failed.
So all us idiot consumers are the reason for the banking crisis?? I fail to see how consumers are to blame for the greed of the banks to lend money to people who had the dream to own their own home. The banks fails to have proper control of the lending process and lent money to people who could not afford the repayments.
Then those banks sold the debts they had on to other companies who were looking to make a profit on the sold debts, and in some cases, there debts were sold on several times.
So how in all this, can I be to blame?
And how are the banks better placed to spend this bail out bank. What are they doing with the vast sums that have been given them. Giving credit to business so they can expand, grow and take advantage of new business opportunties?
And why should any bank that has taken tax payers money to bail them out, pay any of their staff a bonus. As some of the posters have said that bonuses should be paid to reward banks that have done well, not thoses that has failed.
reply posted on 20-2-2009 @ 01:46 AM by etombo
reply to post by Freedom ERP
It may not be your fault. But it is certainly the fault of your fellow consumers.
The banks knew this was an issue but the sub prime was pushed by the gov. The people made the demand. But each and every single one of you that makes a post against me only proves my point which you are missing. The point I am trying to be across that you are not responsible enough with your money. If you make a post to tell me how I am wrong please include that you, your neighbors, friends, family and every other average citizen you see on the the street does not have enough sense to manage money. There has to be someone out there who can see what I am talking about.
It may not be your fault. But it is certainly the fault of your fellow consumers.
The banks knew this was an issue but the sub prime was pushed by the gov. The people made the demand. But each and every single one of you that makes a post against me only proves my point which you are missing. The point I am trying to be across that you are not responsible enough with your money. If you make a post to tell me how I am wrong please include that you, your neighbors, friends, family and every other average citizen you see on the the street does not have enough sense to manage money. There has to be someone out there who can see what I am talking about.
reply posted on 20-2-2009 @ 01:48 AM by etombo
reply to post by Anonymous ATS
So basically what you're saying is it is all the other guy's fault that people have no accountability?
So basically what you're saying is it is all the other guy's fault that people have no accountability?
reply posted on 20-2-2009 @ 02:07 AM by etombo
reply to post by amazed
Maybe the schools should be punished for not teaching people how to manage their own money. Let us get to the root of this. You forgot to add the fact that you, your friends, family, and any average citizen you come across is incapable of managing their money.. So I added it for you.
Maybe the schools should be punished for not teaching people how to manage their own money. Let us get to the root of this. You forgot to add the fact that you, your friends, family, and any average citizen you come across is incapable of managing their money.. So I added it for you.
reply posted on 20-2-2009 @ 02:48 PM by amazed
Originally posted by etombo
reply to post by amazed
Maybe the schools should be punished for not teaching people how to manage their own money. Let us get to the root of this. You forgot to add the fact that you, your friends, family, and any average citizen you come across is incapable of managing their money.. So I added it for you.
mm, you do not know my personal situation, but that is ok. I was working on a long reply, but decided I wanted to ask you a couple of questions first. What is your idea of someone incapable of managing their money? Give me some examples, and I will let you know if I fit into that category. Otherwise you are just making assumptions.
On top of, how is my opinion that banks who need a bailout should NOT be giving out big bonuses, must therefore equal myself and others not being able to manage their money?
Peace
reply posted on 22-2-2009 @ 09:20 PM by etombo
reply to post by amazed
I believe the average American consumer does not have enough knowledge or accountability to manage a large corporation's expenses.
Here we go one more time, I'll try to be explicit with this one.
I DO NOT THINK THAT THE PEOPLE WHO PUT THEMSELVES IN THIS POSITION SHOULD BE TELLING THE BANKS WHAT TO DO WITH MONEY. I even said it loud. see. That is what I am saying, what I have been saying and will be saying. You can dissect any little piece of what I've said to try and get another answer but this is the one you will get.
I just read your post again, what?
[edit on 22-2-2009 by etombo]
I believe the average American consumer does not have enough knowledge or accountability to manage a large corporation's expenses.
Here we go one more time, I'll try to be explicit with this one.
I DO NOT THINK THAT THE PEOPLE WHO PUT THEMSELVES IN THIS POSITION SHOULD BE TELLING THE BANKS WHAT TO DO WITH MONEY. I even said it loud. see. That is what I am saying, what I have been saying and will be saying. You can dissect any little piece of what I've said to try and get another answer but this is the one you will get.
I just read your post again, what?
[edit on 22-2-2009 by etombo]
reply posted on 23-2-2009 @ 09:56 AM by amazed
Originally posted by etombo
reply to post by amazed
I DO NOT THINK THAT THE PEOPLE WHO PUT THEMSELVES IN THIS POSITION SHOULD BE TELLING THE BANKS WHAT TO DO WITH MONEY.
[edit on 22-2-2009 by etombo]
And I asked you, more than once, to GIVE EXAMPLES, of what you mean when you say " people who put themselves in this position". What position would that be? Please give examples, and I will let you know if I fall into that category. Assumptions can be a "snip". I don't think I tried to dissect anything you said, I asked you a question, which you have been unable or unwilling to answer.
Give examples, that is really a very easy thing to do. As well as answer questions asked of you, which you refuse to do, and only say the same thing over and over.
So, again, NO banks should NOT be giving out bonuses. They made bad decisions in regards to the types of loans they were giving out.
Peace
