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Jason Dashney
The Jimmy Dore Show
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Comments by "Jason Dashney" (@jasondashney) on "THIS Is Why Banks Are Failing Now" video.
State banks would be great so long as it's not mandated. Let the best banks win.
3
Dear god no. He's off his rocker. His solution was literally to just tell businesses not to raise prices? That is the most low resolution thinking ever. The supply chain is global. Costs went up partly because most of our goods are foreign made it, at least, in part, and those prices went up. To tell businesses they can't recoup those cost is insane, especially since businesses operate on tighter and tighter margins these days.
2
Just have the gov't say "You can't raise your prices"?! It's a GLOBAL supply chain. How you going to tell businesses they can't raise their prices even though the cost of their foreign goods (most of what we buy now) went UP? I'm glad he isn't in the chair Yellen is in. Yeesh. He thinks this is the Nixon era. And what about the business who'd been keeping their prices low and eating the inflation for years, and now is forced to raise? Tell them they can't? This idea has zero rationality behind it.
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The worst was in 2009 when they still gave bonuses to all those executives who ruined the banks because "it was in their legal contract". That was nonsense. The government should've said "Okay then you fail and you get nothing and you're out of a job". Then again those execs would've been fine. Brian Stelter got canned from CNN for being so bad but ended up a Harvard Professor teaching journalism. What?
1
"I can hardly believe we're going to go through this...AGAIN! " WWI and WWII were only 20 years apart. Imagine a world war that ended in 2003 and another even bigger one starting right now.
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He is awesome unless you've studied economics. His solutions are nuts.
1
Jimmy, thanks for pointing out the military industrial complex scam. Canada, Mexico and USA are friends and are surrounded by full oceans. We are not at all in danger of invasion. The bases all over the world are to flex might and to give manufacturers of war implements giant contracts , full stop. The military could be a fraction of its size.
1