Sunday, May 05, 2013

Progressive's Intelligence Superior to Lower Classes?

It's not about being dumb, it's about being a progressive socialist liberal - this is who they are and they are serious. It's part of being liberal to want others to be like them and how they hate it went others don't see or understand how important it is to the liberal to be obeyed.

The progressive liberal knows in their collective hearts, beyond any doubt, they are superior to the lower classes in all aspects of life, especially intelligence, and therefore any push back to their wisdom is seen as hostile aggression to them personally.

This is totally unacceptable, and at this point, the progressive will strike out at the offensive parties with everything they have to crush their opponent.

Want an example? Sarah Palin and now Ted Cruz! There are others but these two are prime.

Can Liberals be This Dumb? Forward!
John Ransom                

True Liberal wrote: Maybe the best way to combat the growth of these big banks is to charge them a 10 point penalty that will fund any bank failures. Large banks would be charged this penalty and the smaller banks would not. There would be a disincentive to the too big to fail banks. - Cyprus by Other Means
Dear Comrade Liberal,
That’s what FDIC insurance is supposed to take care of.  Banks already pay into an insurance fund to guarantee depositors against bank failure. The problem is that if all the banks- or some of the biggest- went at the same time, there’d not be enough money in the fund to bailout depositors.
With money market funds, there really is no reason for depositors to have cash accounts over $250,000. 
The solutions for too big to fail are really pretty simple.
First, we have to get the banks out of the investment business and the investment business out of banks. That’s the way it worked since the Great Depression and while we had bank failures and market crashes, they were contained.
Next, we have to level the playing field and not give big banks an advantage over smaller community banks as far as capitalization. For the last twenty years big banks have been lobbying the federal government to gain a competitive advantage over smaller banks. One of the advantages big banks enjoy now is a legal guarantee that the federal government will bail them out next time they run into trouble. That allows them to raise money more cheaply than smaller banks. That needs to end.
Lastly, we should never, ever allow someone like Hank Paulson, Tim Geithner or Jack Lew –each with deep ties to the financial industry- to be secretary of the treasury. 
All of us should be greatly concerned about whether public policy over the last ten years has served the public or a narrow set of people in Washington and on Wall Street. 

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