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Old 01-31-2009
 
#1
United States TheRabidDeer
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Default Citifield.... really....?

http://en.wikipedia.org/wiki/Citi_Field

I heard about it on the news today, dont care to try and find a news link for it. But, anyway... apparently citibank (the same bank that received 45billion from the bank bailout) is paying $400 MILLION just to have the field called citi field. Is this seriously how our hard earned money is going to be spent? Naming themself for a baseball field? I am righteously pissed at how poorly handled this entire thing is right now. The people that are at the top of these banks that got bailed out need to be fired and replaced, then we need to get things properly managed and have all of the spending publically available. This is flat out bullshit.
 

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Old 01-31-2009
 
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That's totally retarded.
 
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Old 01-31-2009
 
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There are far more egregious expenditures that warrant our attention. While this is a large chunk of change and it "seems" wasteful, it is quite typical in the advertising world. The idea here is that more than $400b will be returned to them in enhanced business due to their name being used in a variety of media and news coverage, not to mention direct imprinting on stadium merchandise.
 
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Old 01-31-2009
 
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they're such an awful bank.
i went to their head office branch and went "so, i want to open an account" and they looked at me like i was out of my mind.
 
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Old 01-31-2009
 
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You know, every time I mention the inherent greed of man, and its integral part in this recession with outsourcing, bad lending, misuse of the bailout money, and the Bush administration's quest for oil coverup, some of the members of this forum who many consider "highly intelligent" (like Ben) laugh at me, stating that greed is too vague an idea to be so responsible for this mess.

Where is your God now?
 
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Old 01-31-2009
 
#6
United States Ben
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Nobody has ever asserted that, we have just pointed out that your argument that the recession was caused by capitalism is 100% retarded. Stop pontificating on subjects about which you know nothing, please. That is, any subject at all.
 
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Old 01-31-2009
 
#7
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Quote:
Originally Posted by Ben View Post
Nobody has ever asserted that, we have just pointed out that your argument that the recession was caused by capitalism is 100% retarded. Stop pontificating on subjects about which you know nothing, please. That is, any subject.
It was most assuredly caused by badly regulated capitalism. Capitalism makes being greedy so much easier.
 
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Old 01-31-2009
 
#8
United States Ben
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No, it was caused by central banking. Go read a book you know-nothing.
 
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Old 01-31-2009
 
#9
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Quote:
Originally Posted by Ben View Post
No, it was caused by central banking. Go read a book you know-nothing.
Central banking that was allowed to occur via badly regulated (or in the case of the Bush Admin, unregulated and abused) central banking.

Along with the list of other things I mentioned. Multiple factors, all based in man's inherent greed.
 
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Old 01-31-2009
 
#10
United States Ben
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Your views contradict each other. Central banking is direct government intervention in the economy, via a monopolization of the money supply in order to manipulate interest rates to "optimal" levels. You are asserting that the recession was the fault of capitalism, but it was caused by government's attempt to control the economy.
 
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Old 01-31-2009
 
#11
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Quote:
Originally Posted by Ben View Post
Your views contradict each other. Central banking is direct government intervention in the economy, via a monopolization of the money supply in order to manipulate interest rates to "optimal" levels. You are asserting that the recession was the fault of capitalism, but it was caused by government's attempt to control the economy.
Capitalism on its own, with the inherent greed of the consumer and the American will to consume, brought you here.
Central Banking, the Government's attempt to regulate via monopolization of the money supply in order to manipulate interest rates to "optimal" levels, only served to increase the damage because it was badly handled and ultimately failed.

The two are intertwined. If the government had done its job and simply regulated instead of manipulated, you would be in much better shape.
 
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Old 01-31-2009
 
#12
United States Ben
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Quote:
Originally Posted by DemolitionSquid View Post
Capitalism on its own, with the inherent greed of the consumer and the American will to consume, brought you here.
Central Banking, the Government's attempt to regulate via monopolization of the money supply in order to manipulate interest rates to "optimal" levels, only served to increase the damage because it was badly handled and ultimately failed.

The two are intertwined. If the government had done its job and simply regulated instead of manipulated, you would be in much better shape.
no.
 
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Old 01-31-2009
 
#13
Canada DemolitionSquid
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There's a reason its just a theory Ben.
It's never been proven.
And a recession of this magnitude as never happened before.
I stand by my own theory.
 
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Old 01-31-2009
 
#14
United States Ben
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ATBC is a theory like evolution is a theory.
 
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Rap and sing
Unlike the homogenous clones
I'm in to earth tones, birth stones, and erogenous zones
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Sitting on the curb of what used to be the burbs
And before that was Canarcie
I'm a disturbed and bitter herb
Like saltwater and parsley

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Old 01-31-2009
 
#15
Canada DemolitionSquid
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Quote:
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ATBC is a theory like evolution is a theory.
And I'm still willing to accept there might be a God, if I was ever handed any solid proof.
Evolution just has more, like fossils, and the recorded history of the evolution of the dog.
 
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