smartypants aka Nancy LeTourneau: Big Banks are great! Populist Democrats are liars.

[cali]

full throated defense of Wall Street and big banks and continued lying and smearing of progressives. She really is a vile piece of work.


The Story We've Told Ourselves About "Too Big to Fail" is False

There is a story we've told ourselves about what caused the Great Recession of 2008. Here's how it goes:

"Too big to fail" banks engaged in criminal and unethical activities that led to their near collapse, so government (i.e., taxpayers) had to bail them out in order to stop another Great Depression.

With that as the story, a lot of "populist" Democrats suggest that the solution is to break up the "too big to fail" banks in order to prevent us from ever having to bail them out again. Of course that story is combined with the fact of growing income inequality and so many assume that taking the big banks down a peg or two will mitigate the gap.

Finally, blaming the Great Recession on the big banks provides us with a villain to blame for all the pain and suffering of millions who lost jobs, homes, retirement savings, etc.

<snip>
http://immasmartypants.blogspot.com/

[seabeyond]

1. "full throated defense" really cali? reduce it to a little blow job? is that what you did?

please tell me, that is not what you are saying

[cyberswede]

2. That's not what "full-throated" means.

[seabeyond]

5. omg... lmao

full-throated

adjective
having or producing a full, deep, or rich sound; sonorous
complete and unmitigated; thoroughgoing: a full-throated opponent of the plan

had never heard it. but, this makes much more sense. ok people. beat me up. but, it is funny. thanks cyber

[cyberswede]

6. Where's your mind, lady? LOL

[seabeyond]

14. well... i have been thinking about it. and ya know.... i can see why i went there. lol.

ah ha

[Luminous Animal]

8. It made me laugh.

[seabeyond]

15. thank you ofr seeing hte funny. i did ask. i really could not believe cali would go there.

that does say something, anyway.

[aikoaiko]

17. you might be thinking of the phrase "deep throated"

[demmiblue]

4. .

That is so bizarre that I don't even know what to say!

seabeyond (102,064 posts)

1. "full throated defense" really cali? reduce it to a little blow job? is that what you did?

please tell me, that is not what you are saying

[seabeyond]

7. i had never heard it before. hence me asking. i learned something today. how many posters will

now make a comment. but, i dare not delete, cause then there will be shit in the self delete.

[demmiblue]

10. It wasn't asking, it was accusing.

P.S. Don't worry about self-deleting.

[seabeyond]

16. i clearly asked. and ya, you proved both my first and second point.

[smokey nj]

20. It was accusing and you owe cali an apology.

[Fumesucker]

12. This place never fails to deliver

Haven't been here two minutes and my mood has already been lightened.

[cyberswede]

18. aw c'mon - she didn't know what it meant. I pointed it out upthread & she laughed at herself.

Your OP shouldn't be distracted from by this silly subthread.

[seabeyond]

19. ya ya ya... i crawled on knees for forgiveness, too much in this subthread. it is clear what

happened. use the subthread to rake me over, cali... and others. done.

[cali]

22. I wrote that before I saw your post upthread where you realized you were wrong

I'm happy to delete my post.

[seabeyond]

23. to you, thanks. now, i wont be coming back into this thread.

i am all for a discussion of the woman blogger.

[demmiblue]

21. But, but... she was just asking!

I'm sure she also doesn't know that an accusation can be made in the form of a question.

[cyberswede]

3. You should make sure to point out that Nancy LeTourneau is NOT a DUer

Specifically, she is not DUer littlemisssmartypants. I think that was the problem before.

[seabeyond]

9. that was what was tickling my mind.

thank you for the clarification

[DisgustipatedinCA]

24. The host who locked the thread says it doesn't matter whether one is a DUer or not

"So what. If Pitt or someone else posts his stuff here it's open to the same treatment as any other 'author's' work that gets posted here. Being a member doesn't make him special or exempt. 'Regular' OPs are just like all others, but when he/or someone brings stuff from other sites (or books) that was written for them, that's fair game. I don't get what's so hard to understand about that."

http://www.democraticunderground.com/?com=view_post&forum=1002&pid=6735447

[cyberswede]

25. I think she was talking about when the OP is a DUer

wasn't she?

[DisgustipatedinCA]

26. Here's my understanding

There was confusion about whether littlemisssmartypants was a DUer. Some say that got the thread locked. Maybe, maybe not.

But in looking at a post from a few days back, I noticed that the host who locked this current thread argued that if Will Pitt or others write pieces that are published outside of DU, those pieces are fair game for criticism, slamming, etc.

If I've read that correctly, I see it as hypocritical.

thank you.

[sendero]

13. misssmartypants..

..... should change her name to missdroolingmoron because her opinions indicate she is one.

Sure it was not ONLY the big banks, the Federal Reserve is right up there in the rightful owners of blame but the banks are the ones that made the money.

[Erich Bloodaxe BSN]

27. I don't think there's a 'miss' in the name.

That was the mistake that people made in equating the outside blogger with a DU person. And based on the posts I've seen from the DUer, they are NOTHING like the outside blogger.