On Sun, 13 Jun 2010 18:10:38 -0600, Canuck57
wrote:

On 13/06/2010 2:55 PM, bpuharic wrote:
On Sun, 13 Jun 2010 16:48:12 -0400, wrote:


unfortunately we hear ALOT today about repeating the 'do nothing'
policies that let the banks fail rather than increase debt. the
american right is a fundamentalist organization in many ways. they
think debt must be reduced even if it leads to 25% unemployment like
it did during the depression

All governmetn had to do to protect little people is bailout depositors
up to the max of FDIC, $200,000 or was it $250,000? In any case it
would have cost Americans a whole lot less. Someone would have picked
up the loser banks for 2 cents and fired all the criminals.


nope. because, believe it or not, not only small people have money in
banks. corporations do, too. and they borrow money. if the credit
system collapses, it throws a BIG monkey wrench into borrowing and
lending for mortgages, bondholders, equity holders, etc

but, since you're right wing you're kinda dumb and dont know this.


Then things would be right and Americans would have been trillions less
in debt. But Obama worships debt....debt for corruption... the
Obamanation way.

i know y ou love the idea of 25% unemployment. why not volunteer to
take your kids back home and give their jobs to someoene else?


Dumb**** president hasn't figured out you can't fix a debt depression by
creating more debt.

sure you can. look at ww2.

again, you're just too stupid to know history