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the bailout worked
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bpuharic
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First recorded activity by BoatBanter: Dec 2009
Posts: 4,106
the bailout worked
On Sun, 19 Sep 2010 15:09:57 -0400,
wrote:
On Sun, 19 Sep 2010 13:48:26 -0400, bpuharic wrote:
good article in 'newsweek' by fareed zakaria on how effective the
bailout was. it prevented another great depression...which is EXACTLY
what i've been saying...contrary to all the redneck bull****
http://www.newsweek.com/2010/09/19/z...ts-worked.html
Yup if you give the big banks enough money they will let you live.
and if you dont, you die. the genius of the american right is that
they believe in a plutocracy, even when the middle class pays for it
Unfortunately they are still holding on to it and not actually
stimulating the economy with the money we gave them.
A huge chunk of it went to bonuses for the CEOs
like i said...a plutocracy. you just proved my point. but the right
will continue to tell us we can't regulate banks, need a smaller govt,
etc etc
Did we just have a role reversal?
How does it feel to be the capitalist pig? ;-)
Now get back over where you belong, you are starting to scare me. ;-)
hold on...let me hide my milton friedman books...
It is a beautiful day, I am going boating. Maybe things will be back
to normal when I get back.
just got back from a weekend on the boat. amazing what a great time
you can have on a 26' sedan cruiser
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