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Bank of America Corporation Message Board

whyduyouask 37 posts  |  Last Activity: 3 hours ago Member since: May 4, 2013
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  • "The way we take back our economy and democracy is through a movement that unites most of the bottom 99 percent to (1) resurrect Glass-Steagall and bust up the biggest Wall Street banks so they're never again too big to fail, (2) end corporate welfare, (3) raise taxes on the rich to pay for better schools and rebuild the nation's infrastructure, (4) strengthen unions, (5) lower taxes on corporations that share profits with their workers and raise them on corporations that don't, (6) exempt the first $15,000 of earnings from the Social Security payroll tax and make it up by taxing higher earnings, (7) make Medicare an option on all healthcare exchanges, so we move to Medicare for all, and (8) get big money out of politics.

    "Creating such a movement will require reaching out not only to progressives but also to many who call themselves conservatives.

    "One step: Please help me identify places I should visit when my book "Saving Capitalism: For the Many, Not the Few" comes out in the early fall."

    Sentiment: Strong Buy

  • "A petition calling for charges to be filed against 47 U.S. Senators who sent an open letter to the leaders of Iran, in alleged violation of the Logan Act (a law that forbids unauthorized citizens to negotiate with foreign governments) has already collected over 165,000 signatures. I can't imagine the Justice Department actually going after the 47, or the constitutional and political crisis that would ensue if it did. Yet I think it important that our voices be heard on this matter. Allowing a political party to conduct its own foreign policy undermines the authority of the President and poses a threat to the peace and security of all Americans. I urge you to add your name, and send a clear signal that this behavior is unacceptable."

    Sentiment: Strong Buy

  • Reply to

    Deaths from Police Shootings Last Year

    by whyduyouask Apr 28, 2015 11:16 AM
    whyduyouask whyduyouask Apr 28, 2015 11:25 AM Flag

    Neither does the USA. But we do have xenophobic racists like you who are the real source of race division.

    Sentiment: Strong Buy

  • "The alliance of right-wing Republicans, neoconservatives, Jewish billionaires like Sheldon Adelson and Paul Singer, and Benjamin Netanyahu and right-wing Israelis, is an axis of no compromise that feeds and feeds off of hardliners in Iran.

    "Have we forgotten that the Republican right and its neocon brain-trust were behind the invasion of Iraq -- the single stupidest foreign policy decision since the Vietnam War? They have never been held accountable. Yet many of the same Republicans and neocons who smugly asserted then that we had no choice but to take out Saddam Hussein, including William Kristol and John Bolton, are now refusing the deal with Iran.

    "Republicans and neocons have no foreign policy, and never have had one. They have only intransigence and belligerence."

    Sentiment: Strong Buy

  • "The curfew in Baltimore has brought temporary calm but hasn't touched the underlying problems. The death of Freddie Gray offered further evidence of the police brutality that caused the deaths of Mike Brown, Eric Gardner, Tamir Rice, and others. Baltimore is also evidence of something else. Some of the rioting occurred in Sandtown-Winchester, also the scene of rioting in 1968 -- 96% of whose residents are black and almost half of whose children live below the poverty line – a blighted neighborhood that has suffered decades of white flight, blockbusting, “urban renewal,” political indifference, and, more recently, indiscriminate arrests.

    "A recent report by the Treatment Advocacy Center and the National Sheriff’s Association shows that at least half of all Americans shot and killed by police each year in the United States are mentally ill. Not only are police inadequately trained to deal with mentally illness but they’re also ill-equipped for a range of situations they're expect them to respond to, ranging from domestic disputes to drug and alcohol addiction to homelessness. Why does our society depend so disproportionately on the use of force and incarceration to cope with social problems that cry out instead for community-based treatment, better schools, jobs, and social workers?"

    Sentiment: Strong Buy

  • "As we slouch toward the 2016 presidential election, a dozen Republican wanna-be’s are already attacking government and lauding the “free market.” Keep in mind these seven fundamental truths:

    "1. The so-called “free market” doesn’t exist in nature. Its rules (property, liability, contract, monopoly, taxes and subsidies) are created and continuously revised by politicians, judges, and agency administrators.

    "2. These officials don’t make decisions in a vacuum. They are influenced, directly or indirectly, by powerful people and institutions.

    "3. Power and money are inseparable. Money buys political influence directly through campaign donations and lobbying; indirectly through manipulating public opinion via the marketing of ideas, purchase of “expert” opinion, and control over certain media.

    "4. In recent years, as almost all economic gains have gone to the richest Americans and to big corporations and Wall Street banks, that’s where the power has moved as well.

    "5. In this way, the “free market” has become rigged in favor of the wealthy, big corporations, and the largest banks.

    "6. As a result, upward pre-distributions within the market are larger than the downward redistributions outside the market.

    "7. The only way to unrig the market is to limit the political power of big money."

    Sentiment: Strong Buy

  • "Former New York Governor George Pataki announced this morning he’ll run for the White House in 2016, joining an ever-expanding list of Republican hopefuls. In announcing his candidacy, Pataki took a swipe at Democratic front-runner Hillary Clinton for charging high speaking fees. “They are the party of privilege, we are the party of the middle class," he said.

    "I find it remarkable that presidential candidates are now falling over one another trying to claim the mantle of populism. That’s not a bad thing. Although much if not all is hypocritical, they wouldn’t be criticizing “the privileged” if their pollsters and political advisers weren’t telling them that the American public has concluded the game is rigged “in favor of those at the top,” as Hillary Clinton put it in her announcement. In other words, economic populism has taken a firm hold in the American electorate. Americans are catching on to the raging and savage inequalities of income, wealth, and political power. That’s progress. With luck, we may have a real debate about how to reverse this tide.

    "What do you think?"

    Sentiment: Strong Buy

  • "I'm on a plane heading to Washington, D.C. for a Common Cause board meeting, to rally opponents of the Trans Pacific Partnership, and meet with congressional Democrats. Often when traveling to Washington these days I feel like I'm heading into a war zone. The city is now partly controlled by right-wing zealots busily turning the anger and frustrations of tens of millions of Americans, whose jobs are insecure and wages going nowhere, into resentments against immigrants, the poor, people of color, and the U.S. government itself. The political challenge is to direct that anger and frustration toward the real causes of their plight -- the untrammeled power of big corporations, Wall Street banks, and billionaires to erode jobs and wages through such things as, say, the Trans Pacific Partnership.

    "What do you think?"

    Sentiment: Strong Buy

  • "I've been on the phone much of the day with members of Congress, explaining why the Trans Pacific Partnership would be terrible for American workers. I focus on the parts that have been leaked so far: the tribunal outside any nation's jurisdiction that would allow global corporations to be reimbursed by any country for health, safety, labor, or environmental regulations that reduce corporate profits; provisions that extend patent protection for pharmaceutical companies; and labor protections that can't be enforced.

    "Two senators told me they're still having difficulty finding out what else is in it because it's a classified document, and that when they want to read parts they can bring only one staff member to a particular place and at a particular time. I say that's a good argument for voting against fast-track because if they don't know what's in it they can't possibly agree to rush it through without discussion or amendment.

    "We could win this, but you need to call your senators and your representative and tell them you're against the Trans Pacific Partnership and against fast track. Do it tomorrow. Please. And urge others to do so, too."

    Sentiment: Strong Buy

  • At $16 a share that is 250 million shares. That will raise the value of the remaining shares.

    Sentiment: Strong Buy

  • "Which GOP presidential hopeful delivered the following words?

    “We have seen tax-and-tax, spend-and-spend reach a fantastic total greater than in all the previous … years of our Republic. … Beyond this plush curtain of tax and spend, three sinister spooks or ghosts are mixing poison for the American people. They are the shades of Mussolini, with his bureaucratic fascism; of Karl Marx, and his socialism; and of Lord Keynes, with his perpetual government spending, deficits, and inflation. And we added a new ideology of our own. That is government give-away programs.”

    "Hint: It wasn’t Ted Cruz, Scott Walker, Rand Paul, Rick Perry, Rick Santorum, Newt Gingrich, or Jeb Bush.

    "It was Herbert Hoover. Note that Hoover didn’t have a sterling record on the economy. When president, he presided over the Great Crash of 1929 and ushered in the Great Depression. By the time he was voted out of office in 1932, one in four Americans was unemployed. In the years since Hoover uttered these words, Republicans haven’t come up with a single new idea -- or even a new theme. And their economic record hasn't been sterling, either."

    Sentiment: Strong Buy

  • Reply to

    Is Jeb Bush Mexican?

    by citibankrupt Apr 7, 2015 7:42 AM
    whyduyouask whyduyouask Apr 7, 2015 2:35 PM Flag

    Everyone has known for a long time he is an alien from the planet Zorg. The whole Bush family are Zorgians.

    Sentiment: Strong Buy

  • Reply to

    Deaths from Police Shootings Last Year

    by whyduyouask Apr 28, 2015 11:16 AM
    whyduyouask whyduyouask Apr 28, 2015 4:54 PM Flag

    "necessary shootings"? No way that 458 were necessary. Police are just doing target practice on live bodies.

    Sentiment: Strong Buy

  • "President Obama said there was “no excuse” for the violent rioting Monday on the streets of Baltimore, which saw looting and fires break out after the funeral of Freddie Gray, a 25-year-old black man who died of a severe spinal injury while in police custody a little over a week ago. At the same time, the president put the crisis in Maryland’s largest city into a national context, focusing on unemployment, poverty and the education gap that plagues some communities of color.

    “We can’t just leave this to the police,” Obama said Tuesday in a White House press conference with Japan’s Prime Minister Shinzo Abe. “There are some police departments that have to do some searching. There are some communities that have to do some soul searching. But our country needs to do some soul searching. This is not new. It’s been going on for decades.”

    Sentiment: Strong Buy

  • "A Wall Street executive phoned me this morning, complaining that the video we just released (see previous post) -- calling for a resurrection of Glass-Steagall and for the biggest Wall Street banks to be broken up – is “rabble-rousing.”

    "I told him I hope it is.

    "We're heading for another "too-big-to-fail" financial meltdown, whose costs will be borne by the middle class and the poor, as they were in the financial crisis of 2008.

    "Last week, the International Monetary Fund released a report showing that the financial sector in several major countries, including the United States, is too large, and bad for the overall economy -- draining talented workers from the rest of the economy, creating damaging boom-and-bust cycles, raising debt levels, and funneling capital to risky speculative instruments rather than solid long-term investments. Much research backs this up. Professor Thomas Philippon of New York University, for example, shows that the United States financial industry has become less efficient over the last 130 years at channeling capital toward productive uses, which may also be a major contributor to rising inequality."

    Sentiment: Strong Buy

  • "The Export-Import Bank guarantees loans to overseas customers of big American corporations like Boeing, Caterpillar, and General Electric (along with a smattering of smaller businesses). Without congressional reauthorization, the Bank will close June 30. The big-business Republican establishment -- along with the U.S. Chamber of Commerce, the National Association of Manufacturers and 46 other business trade associations in Washington -- wants the Bank and is lobbying hard to keep it funded. Tea Party Republicans want it ended.
    Who’s right? On this one, the Tea Party. Ex-Im bank subsidies to the giant global corporations that get most of its benefits don’t really preserve American jobs, for two reasons. (1) These giant corporations’ workers and subcontractors are arrayed all over the world. (2) Their foreign customers who receive the subsidies often gain an advantage over their own American competitors, potentially resulting in fewer American jobs. An Ex-Im Bank subsidy to the overseas customers of Boeing, for example, ends up aiding foreign airlines that compete with U.S. based airlines over many of the same international routes.

    "There’s no reason to continue this corporate welfare. The Ex-Im Bank shouldn’t be reauthorized."

    Sentiment: Strong Buy

  • USA - 458
    Germany 8
    UK - 0
    Japan - 0

    Sentiment: Strong Buy

  • Reply to

    Iran has fired on and boarded a US ship

    by tawascabin Apr 28, 2015 11:13 AM
    whyduyouask whyduyouask Apr 28, 2015 11:22 AM Flag

    More hype from the Far Right.

    Turns out Iran did seize a ship, just not a US ship:

    PENTAGON SAYS NO US SHIP WAS SEIZED BY IRAN
    NON-U.S. SHIP MAY HAVE BEEN SEIZED BY IRAN, U.S. OFFICIAL SAYS
    IRANIAN MILITARY BOARDED MARSHALL ISLANDS-FLAGGED CARGO SHIP
    IRANIANS BOARDED MV MAERSK TIGRIS CARGO SHIP: PENTAGON

    Sentiment: Strong Buy

  • Reply to

    upcoming shareholder meeting

    by mdb4403 Apr 28, 2015 8:45 AM
    whyduyouask whyduyouask Apr 28, 2015 9:27 AM Flag

    Happy?

    Sentiment: Strong Buy

  • whyduyouask whyduyouask Apr 29, 2015 12:53 PM Flag

    Seems like some people don't like solving long standing problems because it means they might have to realize they are not as important or superior as they believe themselves to be.

    Sentiment: Strong Buy

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