214ObstructedReverie

214ObstructedReverie t1_j1e7uv6 wrote

Reply to comment by civemaybe in The US economy grew much faster than previously thought in the third quarter by barrinmw

The kinds of banks that Glass-Steagel prevented from existing (combo deposit and investment) actually fared better (due to their more diversified assets) in the 2008 crash than those that would have been allowed anyway.

It's much better to blame the Secondary Mortgage Market Engagement Act of 1984 from Reagan.

That bill allowed AA rates mortgage backed securities to be treated like securities, but did jack all to ensure that they were being rated properly. As a result, the system got poisoned by junk mortgage securities being thrown around as if they were as safe as government bonds.

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214ObstructedReverie t1_iy5xum6 wrote

Reply to comment by arca650 in Let's talk about Supremo Supermarket in The Heights. by my_rationale

That's a shame. I used to live back there close to them like 10 years ago, and I recall their produce section being pretty solid.

The meat section was always shit.

Some things change, others stay the same.

The Heights needs better grocery stores. Stop and Shop is like 1/3 of the size it needs to be. I usually go up to Food Bazaar and ShopRite up JFK.

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214ObstructedReverie t1_ixkoaxd wrote

Reply to comment by HappyArtichoke7729 in How much are people paying for internet around here? by jaeme

It's actually much slower than it used to be.

15 years ago, we had like 8/8 SDSL, and it ran pretty well.

But over the years, it steadily got worse, even though they advertise it as faster. They're now getting like 3/0.5 actual speeds.

Same ISP. Used to be "Warwick Online" back when I lived up there a billion years ago, but it's gone through a few acquisitions, and it seems to get worse every time I go up.

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