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wf3h wrote:
On Aug 13, 10:39 pm, BAR wrote: wf3h wrote: On Aug 13, 5:24 pm, "Calif Bill" wrote: "wf3h" wrote in message now let me get this straight. he's complaining about govt healthcare and extolling the virtures of the free market... the market that brought you -bear stearns -GM -wachovia -bank of america all of these, he thinks, bear witness to the efficiency of the market and its ability to protect middle class americans. i guess he doesn't get much news in his section of the woods. BofA is a Federal caused problem. They are the ones who pressured BofA to buy a crap brokerage house. And Bear Stearns, GM etc are all long time deathbed candidates. How about Google, Oracle, and a host of other successful corporations. ROFLMAO!! hey genius that's EXACTLY my point. you think the free market is great when IT JUST CAUSED THE COLLAPSE OF THE ECONOMY!! and those other companies? guess you don't know they couldn't stop the market from going from 14000 last year to 9000 today Barney Frank and Chris Dodd say hi! In fact Barney Frank just tried to get the banks to "readjust" interest rates by mortgage holders and it went absolutely nowhere. Congress needs to stop meddling in the banking industry. except, of course, it was phil gramm and his wife, a sr. VP at enron, who wrote the bill deregulating securities. this allowed CDO's to go from $920B in 1997 to $62 TRILLION in 2007. and the GOP knew that when the bill came due, the middle class would pay for it to ensure the rich didn't lose a dollar. No crap loans from Barney Frank and Chris Dodd no CDOs. |
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