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Le Jacquelope

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My boss is coming back to America with someone from an IIFC coop.

Vacation from Lit time. I have to bone up on Islamic lending law so I can hang while the big dogs talk shop.

Just when things were getting fun.
 
My boss is coming back to America with someone from an IIFC coop.

Vacation from Lit time. I have to bone up on Islamic lending law so I can hang while the big dogs talk shop.

Just when things were getting fun.

Oh, yes, by all means, you must run along and do that. :)
 
How so? I never leave in the middle of watching you people self-destruct while you're declaring spank on me.

Never in my 5 years here do I leave in the middle of an argument.

I just happen to have something important to deal with. Namely people who, unlike you, know finance.

This guy is doing some kind of cultural exchange. I've got a lot to learn.

So do you, really, but unlike me, you refuse to learn anything. You're a know it all who knows nothing.

Save up your wrath, 'k? I'll be back to pay your bill. With interest.
 
How so? I never leave in the middle of watching you people self-destruct while you're declaring spank on me.

Never in my 5 years here do I leave in the middle of an argument.

I just happen to have something important to deal with. Namely people who, unlike you, know finance.

This guy is doing some kind of cultural exchange. I've got a lot to learn.

So do you, really, but unlike me, you refuse to learn anything. You're a know it all who knows nothing.

Save up your wrath, 'k? I'll be back to pay your bill. With interest.
I'm happy to learn, I've even asked you a couple of pertinent questions. But you've steadfastly refused to acknowledge them, let alone answer.

So, I am left with the possiiblities that 1. You choose to ignore the chance to enlighten me so you can keep decrying my ignorance in crass terminology; or 2. You don't actually have the answers and are here strictly to stir shit.

Neither of these put you in a particularly good light. Why should I believe your convenient departure is anything more than a face-saving operation?
 
I did answer them. You just didn't like the answer.


Marvelous. Another opportunity for you to answer my question that you've been avoiding:

Show me specifically where I said the FDIC is for idiots--or where I said a single negative thing about the FDIC system.

Opps, is that another message coming in for you from the United Nations?
 
I did answer them. You just didn't like the answer.

Oh, yes. Of course.


In the current climate, and in my country, anyone who puts all their money in any number of banks is an idiot. As far as I'm aware, there's no safety net at all here. If the bank goes titsup, you do your dough completely.

I originally came to this thread to try and get a handle on the US system. All I got was another lesson in the ignorance and inherent incivility of some denizens of the internet.
And you become part of the incivility by making excuses for sr71plt's bad behavior.

It really doesn't matter much any more. The fact that you say "In the current climate, and in my country, anyone who puts all their money in any number of banks is an idiot" says you're immature. You'd lay the blame on the depositors and not the people running the banks into the ground.


That was such an informative response.

But where did you answer this one?
How is commonsense a career ender?

Seriously, wouldn't someone with more than $100,000 at their disposal be better served to invest it in a secure form than in a standard, unsecure bank account? Is there any particular need to have that much money as a liquid asset?
 
Oh, yes. Of course.





That was such an informative response.

But where did you answer this one?
What you said was not common sense. It's the same logic as "oh, you put dead bolts on your door and someone still busted in your house? Idiot. You shoulda carved your home into a block of pure titanium and hired Gigantor to guard the hidden door." Or "Aw, sorry the Titanic II sank? Well ya shoulda known the water was freezing cold, pity about them sharks. Ya shoulda known how to fight them off while freezing to death. Off to Hell you go!"

Common sense is, "the bank fucked up with your money and they should be squeezed to death until all depositors' assets are made whole."

And frankly speaking it's none of your business why someone would want whatever amount of money they want in liquid asset form. It's the bank's job to make sure they have access to that money.
 
And in closing I will point to the instability in stocks, money markets, and practically every other form of asset vehicle nowadays.

There's nowhere to put your money where it's not in danger.

This is a recipe for financial disaster.
 
What you said was not common sense. It's the same logic as "oh, you put dead bolts on your door and someone still busted in your house? Idiot. You shoulda carved your home into a block of pure titanium and hired Gigantor to guard the hidden door." Or "Aw, sorry the Titanic II sank? Well ya shoulda known the water was freezing cold, pity about them sharks. Ya shoulda known how to fight them off while freezing to death. Off to Hell you go!"

Common sense is, "the bank fucked up with your money and they should be squeezed to death until all depositors' assets are made whole."

And frankly speaking it's none of your business why someone would want whatever amount of money they want in liquid asset form. It's the bank's job to make sure they have access to that money.
As I thought. A blowhard who hides his lack of answers in bluster.

Each time you are given an opportunity to exhibit that vast knowledge you claim to have, you fail to deliver.

You are indeed a complete waste of energy.
 
As I thought. A blowhard who hides his lack of answers in bluster.
That's not bluster. It's an answer that does not agree with you.

You're nothing but a kook with a big kook rant. And obviously someone who will never be allowed to work in finance.

Thank God for that.

I will move on and continue to be relevant. You will always be a kook ranter. Hasta.


It's none of your business where people put their liquid assets. It is their God given right not to lose their assets to an incompetent bank. Feel free to contest me on this. Feel free to continue to be wrong.

You do not have many people in this world siding with you on that. Pity you're not brave enough to say it to someone's face.

Now shut your stupid yap. You have nothing else to say.
 
Shut the fuck up, sr.

You don't work in finance.
You don't work with money.
You don't even have 2 coins to rub together.
If brains were dynamite you wouldn't even have enough to blow your nose.
 
Shut the fuck up, sr.

You don't work in finance.
You don't work with money.
You don't even have 2 coins to rub together.
If brains were dynamite you wouldn't even have enough to blow your nose.


Too long for my sig line. Could you do something shorter (and perhaps something you know about, since you certainly struck out on those assertions . . .)?

Which reminds me . . . how about answering that question of mine:

Show me specifically where I said the FDIC is for idiots--or where I said a single negative thing about the FDIC system.

:)
 
That's not bluster. It's an answer that does not agree with you.

You're nothing but a kook with a big kook rant. And obviously someone who will never be allowed to work in finance.

Thank God for that.

I will move on and continue to be relevant. You will always be a kook ranter. Hasta.


It's none of your business where people put their liquid assets. It is their God given right not to lose their assets to an incompetent bank. Feel free to contest me on this. Feel free to continue to be wrong.

You do not have many people in this world siding with you on that. Pity you're not brave enough to say it to someone's face.

Now shut your stupid yap. You have nothing else to say.

I never said it was "my business" to know where people put their liquid assets. I asked if it wasn't more sensible for them to put those assets somewhere more secure than a standard bank account. I asked if there was a need in the US to hold such a substantial amount in a liquid form.
You never did answer that.

As to my finance credentials - how little you know, fool.

I think that would look lovely on your sig line, Starrkers. :)

True, but I think one insult at a time will do. I might save it for future use, though ;)
 
...Vacation from Lit time. I have to bone up on Islamic lending law so I can hang while the big dogs talk shop.

Just when things were getting fun.


Islamic lending law? Varies according to the interpretation of Islamic teaching but generally payment of interest is not allowed. The usual way round is to pay off the capital in instalments, and then add a charge on the capital at the end.

Islamic finance and Jewish finance are eerily similar.

Og
 
LJ, I really want to tell you how much I'll miss you...


but I won't...


miss you that is...


that's why I can't tell you...
 
Too long for my sig line. Could you do something shorter (and perhaps something you know about, since you certainly struck out on those assertions . . .)?:)

I won't be getting anything for my sig line. He has me on ignore, and all I did was try to show some sympathy for his woe-be-gone ways. :D
 
Islamic lending law? Varies according to the interpretation of Islamic teaching but generally payment of interest is not allowed. The usual way round is to pay off the capital in instalments, and then add a charge on the capital at the end.

Islamic finance and Jewish finance are eerily similar.

Og
Yeah, that's the synopsis of it all. I'm sure, though, that I've got a lot of stories to listen to. And a lot of history lessons that you can't get from a textbook.
 
Yeah, that's the synopsis of it all. I'm sure, though, that I've got a lot of stories to listen to. And a lot of history lessons that you can't get from a textbook.

But you must be really busy packing for San Francisco today, right? :)
 
Deja vu... "I'm suspending my campaign and running off to Washington right NOW..."

Right after I do this... and this... and, oh yeah, this...

Lady, you protest way too damned much.

Go already.
 
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