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Blue Collar Mob Closing CEO pursestrings

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Twizted Humanitarian
Crew

PostPosted: Fri Sep 26, 2008 9:02 am


PostPosted: Sun Sep 28, 2008 8:18 pm


Why does this not surprise me??? Bernie Sanders is the organizer of this. The man too liberal for the Democratic Party. Let it be known, I, Alucard1057, a mostly liberal, am in favor of the bailout. It is a government precaution so that the economy doesn't collapse on itself. Laissez-Faire just doesn't apply anymore, gone are the day of Adam Smith.

Alucard1057


invisibleairwaves
Crew

PostPosted: Mon Sep 29, 2008 2:05 am


Alucard1057
Why does this not surprise me??? Bernie Sanders is the organizer of this. The man too liberal for the Democratic Party. Let it be known, I, Alucard1057, a mostly liberal, am in favor of the bailout. It is a government precaution so that the economy doesn't collapse on itself. Laissez-Faire just doesn't apply anymore, gone are the day of Adam Smith.

Um, it's fiscal liberalism, and government interference in the economy, that caused this mess in the first place. "Affordable housing" legislation forced the banks to give loans to people who would never have qualified for them otherwise.

And the US government doesn't have billions upon billions of dollars for handouts anyways. They don't have anything. Either this money is going to be borrowed and the debt blown up even more, or it's going to have to be printed, causing inflation and a devaluation of the dollar. Both options are hardly solutions for preventing an economic disaster; quite the opposite, actually.
PostPosted: Tue Sep 30, 2008 4:36 am


Good point. Well, vetoed by the house anyway. So no use pursuing that argument. They're trying to get a new bill going but that will proabably wither and die also.

Alucard1057

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