Bankers Need To Recconect With Their Morals?

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Re: Bankers Need To Recconect With Their Morals?

Post by Schneibster » Mon Nov 07, 2011 1:50 pm

Oh, and it's worthwhile noting that in the year 2000 Paul Krugman predicted in a book called "The Return of Depression Economics" that we would be paying attention to liquidity trap economics very soon, or wishing we had.

We are. At least the sane ones among us.
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Re: Bankers Need To Recconect With Their Morals?

Post by Horwood Beer-Master » Mon Nov 07, 2011 2:05 pm

Schneibster wrote:The summer riots were students rioting over increased school costs, right?
No.

The summer riots were low-life chancers, who'd noticed that during a protest (over a police shooting incident) that had turned violent, the police were hanging around like useless lemons not arresting anyone - and took this as their cue to all go out and start attacking and looting their own local communities - purely because they thought they'd get away with it.


Their were some clashes with police by student demonstrators earlier in the year, but that was a relatively minor - and unrelated - incident.
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Re: Bankers Need To Recconect With Their Morals?

Post by Clinton Huxley » Mon Nov 07, 2011 2:07 pm

Schneibster wrote:
Clinton Huxley wrote:There are enough economists, with such wildly diverging ideas, that for any particular economic scenario, you can find one who seemed to have predicted it.
You don't know very much about macroeconomics, do you?
You haven't refuted my point. Your faith in economists is touching.
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Re: Bankers Need To Recconect With Their Morals?

Post by Schneibster » Mon Nov 07, 2011 2:10 pm

Hey, if you wanna ignore somebody who predicted the crash in 2000 and owns one more Nobel Prize than you, fine.

Don't call me naive or stupid for thinking you're not very bright, though. And I note that in fact you don't know much about macroeconomics and didn't deny it.
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Re: Bankers Need To Recconect With Their Morals?

Post by Clinton Huxley » Mon Nov 07, 2011 2:12 pm

Schneibster wrote:Hey, if you wanna ignore somebody who predicted the crash in 2000 and owns one more Nobel Prize than you, fine.
I refer you to my previous posts.

Argument from authority fallacy much?
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Re: Bankers Need To Recconect With Their Morals?

Post by Schneibster » Mon Nov 07, 2011 2:15 pm

Horwood Beer-Master wrote:
Schneibster wrote:The summer riots were students rioting over increased school costs, right?
No.

The summer riots were low-life chancers, who'd noticed that during a protest (over a police shooting incident) that had turned violent, the police were hanging around like useless lemons not arresting anyone - and took this as their cue to all go out and start attacking and looting their own local communities - purely because they thought they'd get away with it.


Their were some clashes with police by student demonstrators earlier in the year, but that was a relatively minor - and unrelated - incident.
OK.

Google "riots Britain school fees."
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Re: Bankers Need To Recconect With Their Morals?

Post by Schneibster » Mon Nov 07, 2011 3:08 pm

Clinton Huxley wrote:
Schneibster wrote:Hey, if you wanna ignore somebody who predicted the crash in 2000 and owns one more Nobel Prize than you, fine.
I refer you to my previous posts.

Argument from authority fallacy much?
Argument from authority is only a fallacy if the cited authority isn't actually an authority.

This one has a Nobel Prize.

You should probably bother to actually research what logical fallacy arguments mean before you try to use them in an actual argument.

Just sayin'.
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Re: Bankers Need To Recconect With Their Morals?

Post by Horwood Beer-Master » Mon Nov 07, 2011 3:09 pm

Schneibster wrote:
Horwood Beer-Master wrote:
Schneibster wrote:The summer riots were students rioting over increased school costs, right?
No.

The summer riots were low-life chancers, who'd noticed that during a protest (over a police shooting incident) that had turned violent, the police were hanging around like useless lemons not arresting anyone - and took this as their cue to all go out and start attacking and looting their own local communities - purely because they thought they'd get away with it.


Their were some clashes with police by student demonstrators earlier in the year, but that was a relatively minor - and unrelated - incident.
OK.

Google "riots Britain school fees."
Oh that. That was all last year.

By "the summer riots" I meant - http://en.wikipedia.org/wiki/Timeline_o ... land_riots
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Re: Bankers Need To Recconect With Their Morals?

Post by Schneibster » Mon Nov 07, 2011 3:10 pm

So basically the most serious riots in decades mean not much of anything and you're ignoring them and hoping they'll go away.

OK.
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Re: Bankers Need To Recconect With Their Morals?

Post by Clinton Huxley » Mon Nov 07, 2011 3:12 pm

Schneibster wrote:
Clinton Huxley wrote:
Schneibster wrote:Hey, if you wanna ignore somebody who predicted the crash in 2000 and owns one more Nobel Prize than you, fine.
I refer you to my previous posts.

Argument from authority fallacy much?
Argument from authority is only a fallacy if the cited authority isn't actually an authority.

This one has a Nobel Prize.

You should probably bother to actually research what logical fallacy arguments mean before you try to use them in an actual argument.

Just sayin'.
Incorrect.
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Re: Bankers Need To Recconect With Their Morals?

Post by MrJonno » Mon Nov 07, 2011 3:12 pm

Unless someone is my personal friend I couldnt care less if a person acts morally or immorally. What is important is they act legally.

If someone in a bank does a bad thing which isnt illegal than its the government/people who elect them fault for not having the right laws
When only criminals carry guns the police know exactly who to shoot!

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Re: Bankers Need To Recconect With Their Morals?

Post by Schneibster » Mon Nov 07, 2011 3:16 pm

Clinton Huxley wrote:
Schneibster wrote:
Clinton Huxley wrote:
Schneibster wrote:Hey, if you wanna ignore somebody who predicted the crash in 2000 and owns one more Nobel Prize than you, fine.
I refer you to my previous posts.

Argument from authority fallacy much?
Argument from authority is only a fallacy if the cited authority isn't actually an authority.

This one has a Nobel Prize.

You should probably bother to actually research what logical fallacy arguments mean before you try to use them in an actual argument.

Just sayin'.
Incorrect.
Oh, really?

http://www.nizkor.org/features/fallacie ... ority.html
This fallacy is committed when the person in question is not a legitimate authority on the subject.
Duh.
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Re: Bankers Need To Recconect With Their Morals?

Post by Horwood Beer-Master » Mon Nov 07, 2011 3:40 pm

Schneibster wrote:So basically the most serious riots in decades mean not much of anything and you're ignoring them and hoping they'll go away.

OK.
No, I'm saying the most serious riots in decades were not carried out by students - or by anyone with any knowledge of, still less any even slightly articulate opinion about, economics - and that these are not the same people who are sitting in front of St. Paul's, or trying to shut down the London Stock Exchange.




If any of the folks who were rioting in the summer were to somehow find themselves in among the 'occupy' camp, they'd most likely loot peoples tents, randomly set fire to something, call anyone who spoke to them a "cunt", and then swagger-off home laughing, stopping only to gesticulate to any journalists/police officers they passed along the way.
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Re: Bankers Need To Recconect With Their Morals?

Post by Schneibster » Mon Nov 07, 2011 3:50 pm

And the Great Recession has nothing to do with it.

OK.
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Re: Bankers Need To Recconect With Their Morals?

Post by Atheist-Lite » Mon Nov 07, 2011 3:58 pm

Schneibster wrote:And the Great Recession has nothing to do with it.

OK.
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