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Is this Really as retarded as it sounds?

Drumpot · 2015-07-22 08:09:20

http://www.rte.ie/news/business/2015/0722/716381-regulators-asset-backed/ To the layman it's hard not to believe that most politicians are completely retarded. They are asking the banks for feedback on this!!! That's like asking a compulsive gambler if they feel they should be allowed in a casino with their families life…

22-07-2015 9:09am

#1

Drumpot

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http://www.rte.ie/news/business/2015/0722/716381-regulators-asset-backed/

To the layman it's hard not to believe that most politicians are completely retarded. They are asking the banks for feedback on this!!! That's like asking a compulsive gambler if they feel they should be allowed in a casino with their families life savings.

That said, I would like to think that this time there are protective measures to prevent what happened in 07-08 being repeated!

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Comments

#2 22-07-2015 3:44pm

TheDD

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Nothing retarded here, it's just creating an environment where **** banks can go bust without causing a economic crisis

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#3 22-07-2015 4:28pm

FreudianSlippers

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So long as it's only on high quality securitised debt and there are systems in place to prevent predatory lending, I don't see the major issue.

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#4 22-07-2015 5:55pm

johnnyskeleton

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Citing an article and making dergoatory comments is beneath the forum standards. Thread locked

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This discussion has been closed.