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ot Los Zetas seizes control of two U.S. ranches in...
On Mon, 26 Jul 2010 18:14:13 -0600, Canuck57
wrote: On 26/07/2010 4:35 PM, bpuharic wrote: On Mon, 26 Jul 2010 06:39:02 -0600, wrote: Say I was worth billions, knew Obama would bail me out, so I gave him lots of "donation". well you're not too bright so let me explain economics 101. as KEYNES once said, 'if you owe the bank $1000 you have a problem. if you owe the bank 1,000,000 the bank has a problem'. the rich have privatized rewards and socialized risk. that's the whole point of moral hazard theory...to identify banks 'too big to fail'. while dems were working on a regulatory package to resolve this, the conservatives kept bleating the middle class HAD to bail out the rich in the FUTURE otherwise the rich couldnt stay rich Solve what? SOX wasn't persued. Just more BS for the masses, Obama bailed out their sorry asses and still does today. Did you ever ask yourself where does $1.5+++ trillion/year go? actually it was george bush and his treasury sec. henry paulson, who first bailed out the banks but, bush is white... and the biggest component of our deficit today? bush's tax cuts and bush's war in iraq |
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