06-05-2009, 06:04 AM
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#7
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Experienced Starter w/First Big Contract
Join Date: Jan 2006
Location: Brighton, MA
Posts: 5,742
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Re: "Special Master for Compensation" - obama you're killing us
Saying that these companies shouldn't be held to restrictions because they want to pay the money back now is like a night club owner who's club burns down not wanting to rebuild with sprinklers, fire alarms and emergency doors if he just gives back all the water that firemen used to put the fire out.
Not every bank needed bailout money. This is because not every bank used the lack of government restrictions as a license to write stupid loans. Its clear and unarguable that something must be done in response to this financial disaster. The options are regulating the daylights out of everybody, including the banks that didn't act stupid, or we could be extra fussy towards the ones who did. I'm of the opinion that the ones who were able to control themselves should be left alone or at least be allowed to operate more freely, while the stupid ones should be led around by the nose until they're not stupid anymore.
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