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Bailout mania...
At first, I was ok with the Treasury buying up mortgage securities and
stabilizing the mortgage industry. Then I got a little itchy when that changed into a bank bailout, but I rationalised that as necessary to keep the country's economics stable. I became concerned that after the money was dispersed, there didn't seem to be a lot of money coming back out in the form of loans to small business and/or stabilizing a rational approach to mortgage lending for private and commercial development. I became annoyed when the Little Three wanted money to bail out their ridiculous UAW health care system and keep them afloat with failed business plans and no plans forthcoming for the future. Now I'm ****ed off. http://www.denverpost.com/business/ci_11047116 |
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