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Post by unlawflcombatnt on Aug 24, 2007 3:44:30 GMT -6
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Post by liberalcapitalist on Aug 24, 2007 7:28:23 GMT -6
that's the ticket.just keep throwing money at it. freaking assholes.
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Post by unlawflcombatnt on Aug 24, 2007 13:02:29 GMT -6
Exactly. Just keep giving big banks enough money so they can keep making irresponsible loans to all the bad actors, and continue receiving their "revenue streams" for investments they never should have made. Keep the commercial paper market from collapsing so mortgages can keep being made to keep the real estate profiteering from completely collapsing, and prevent investment banks and hedge funds from having to sell their completely worthless subprime-backed MBSs, thus allowing them to continue valuating them at mark-to-model, instead of mark-to-market (which is pennies on the dollar.)
Ron Paul is right. We need to get rid of the Fed. They refuse to regulate when they should, and they bail out everyone they should not.
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