Comments on: If You Crash The Economy, The Lesbians Take Over http://firedoglake.com/2009/01/28/if-you-crash-the-economy-the-lesbians-take-over/ Firedoglake weblog Fri, 17 Feb 2012 19:13:42 -0600 hourly 1 http://wordpress.org/?v=3.1.2 By: Kassandra http://firedoglake.com/2009/01/28/if-you-crash-the-economy-the-lesbians-take-over/#comment-1810441 Kassandra Thu, 29 Jan 2009 15:00:54 +0000 http://firedoglake.com/2009/01/28/if-you-crash-the-economy-the-lesbians-take-over/#comment-1810441 <p>See? there’s’ always a silver lining! HA!</p> See? there’s’ always a silver lining! HA!

]]> By: revday http://firedoglake.com/2009/01/28/if-you-crash-the-economy-the-lesbians-take-over/#comment-1810416 revday Thu, 29 Jan 2009 14:41:27 +0000 http://firedoglake.com/2009/01/28/if-you-crash-the-economy-the-lesbians-take-over/#comment-1810416 <p>So many countries, so little time.</p> So many countries, so little time.

]]> By: ichbineinberliner http://firedoglake.com/2009/01/28/if-you-crash-the-economy-the-lesbians-take-over/#comment-1810028 ichbineinberliner Thu, 29 Jan 2009 05:51:52 +0000 http://firedoglake.com/2009/01/28/if-you-crash-the-economy-the-lesbians-take-over/#comment-1810028 <p>But just being state owned doesn’t mean that they’ll automaticly be invulnerable to economic bubbles.</p> <p>Take for example the mixed bag performance of the state owned banks in the German three pillar banking system [state owned (60% of balance sheet totals), commercial (30%), credit unions (10%)] during the initial subprime crisis:</p> <p>The banks owned by the states (<em>Landesbanken</em>) were hit almost as hard as the commercial banks, while the banks owned by local government (<em>Sparkassen</em>) were just as (relatively) unscathed as the credit unions (very localized business, no “gambling” in London or NYC).</p> But just being state owned doesn’t mean that they’ll automaticly be invulnerable to economic bubbles.

Take for example the mixed bag performance of the state owned banks in the German three pillar banking system [state owned (60% of balance sheet totals), commercial (30%), credit unions (10%)] during the initial subprime crisis:

The banks owned by the states (Landesbanken) were hit almost as hard as the commercial banks, while the banks owned by local government (Sparkassen) were just as (relatively) unscathed as the credit unions (very localized business, no “gambling” in London or NYC).

]]> By: Blub http://firedoglake.com/2009/01/28/if-you-crash-the-economy-the-lesbians-take-over/#comment-1809929 Blub Thu, 29 Jan 2009 03:59:07 +0000 http://firedoglake.com/2009/01/28/if-you-crash-the-economy-the-lesbians-take-over/#comment-1809929 <p>someone in the failed state of Iceland needs to build a monument to the outgoing conservative thug of a PM… so that all ms be reminded forevermore the consequences of entrusting a nation’s governance to wingnut conservative crony capitalists. Let this be a lesson to voters everywhere: repeatedly electing conservatives to power will eventually leave you starving in a frozen (or desert) wasteland.</p> someone in the failed state of Iceland needs to build a monument to the outgoing conservative thug of a PM… so that all ms be reminded forevermore the consequences of entrusting a nation’s governance to wingnut conservative crony capitalists. Let this be a lesson to voters everywhere: repeatedly electing conservatives to power will eventually leave you starving in a frozen (or desert) wasteland.

]]> By: eCAHNomics http://firedoglake.com/2009/01/28/if-you-crash-the-economy-the-lesbians-take-over/#comment-1809871 eCAHNomics Thu, 29 Jan 2009 03:05:09 +0000 http://firedoglake.com/2009/01/28/if-you-crash-the-economy-the-lesbians-take-over/#comment-1809871 <p>Geez. I really need a head transplant today. That’s at least the second simple thing I missed, at least that I know of. Lord knows what I missed that I’m not aware of. (That would be unknown unknowns.)</p> Geez. I really need a head transplant today. That’s at least the second simple thing I missed, at least that I know of. Lord knows what I missed that I’m not aware of. (That would be unknown unknowns.)

]]> By: Suzanne http://firedoglake.com/2009/01/28/if-you-crash-the-economy-the-lesbians-take-over/#comment-1809870 Suzanne Thu, 29 Jan 2009 03:04:56 +0000 http://firedoglake.com/2009/01/28/if-you-crash-the-economy-the-lesbians-take-over/#comment-1809870 <p><a href="http://firedoglake.com/2009/01/28/hey-have-you-heard-the-one-about-joan-walsh-and-dick-armey/" rel="nofollow">jane upstairs</a></p> jane upstairs

]]> By: SouthernDragon http://firedoglake.com/2009/01/28/if-you-crash-the-economy-the-lesbians-take-over/#comment-1809869 SouthernDragon Thu, 29 Jan 2009 03:04:48 +0000 http://firedoglake.com/2009/01/28/if-you-crash-the-economy-the-lesbians-take-over/#comment-1809869 <p>That was Holmes, my dear Watson.</p> That was Holmes, my dear Watson.

]]> By: TheLurkingMod http://firedoglake.com/2009/01/28/if-you-crash-the-economy-the-lesbians-take-over/#comment-1809868 TheLurkingMod Thu, 29 Jan 2009 03:04:31 +0000 http://firedoglake.com/2009/01/28/if-you-crash-the-economy-the-lesbians-take-over/#comment-1809868 <p>Jane is upstairs!<br /><a href="http://firedoglake.com/2009/01/28/hey-have-you-heard-the-one-about-joan-walsh-and-dick-armey/" rel="nofollow">Hey, Have You Heard the One about Joan Walsh and Dick Armey?</a></p> Jane is upstairs!
Hey, Have You Heard the One about Joan Walsh and Dick Armey?

]]> By: eCAHNomics http://firedoglake.com/2009/01/28/if-you-crash-the-economy-the-lesbians-take-over/#comment-1809866 eCAHNomics Thu, 29 Jan 2009 03:03:48 +0000 http://firedoglake.com/2009/01/28/if-you-crash-the-economy-the-lesbians-take-over/#comment-1809866 <blockquote><p>Establishment crowd of economic goofs </p></blockquote> <p>I like it. We should mainstream it, or at least just refer to them as the ECEGs.</p>

Establishment crowd of economic goofs

I like it. We should mainstream it, or at least just refer to them as the ECEGs.

]]> By: SouthernDragon http://firedoglake.com/2009/01/28/if-you-crash-the-economy-the-lesbians-take-over/#comment-1809865 SouthernDragon Thu, 29 Jan 2009 03:03:16 +0000 http://firedoglake.com/2009/01/28/if-you-crash-the-economy-the-lesbians-take-over/#comment-1809865 <p>*g* I was talking about Freud. Liked him some cocaine.</p> *g* I was talking about Freud. Liked him some cocaine.

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