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Old 05-11-2010, 03:40 PM   #11
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Default Re: Don't Let Congress Bail out Europe with our $$

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You'll have to explain how that would work outside of the abstract, since those who advocate for a truly free-market system and limited government are by and large from the same school who advocated for the deregulation that led to the formation of the failed MBS's in the first place.
Deregulation <> GSEs. The "too big to fail" concept has been implicitly understood for a long time, hence the development of all the financial products that were backed by the good fail of the US government. Hence TARP. If you don't even understand that part of it then I hope you go nowhere near your retirement account for your own good.
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Old 05-11-2010, 03:48 PM   #12
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Default Re: Don't Let Congress Bail out Europe with our $$

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Deregulation <> GSEs. The "too big to fail" concept has been implicitly understood for a long time, hence the development of all the financial products that were backed by the good fail of the US government. Hence TARP. If you don't even understand that part of it then I hope you go nowhere near your retirement account for your own good.


I wasn't even referring to GSE's, so spare me the condescension when you're not even reading what is written.
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Old 05-11-2010, 06:31 PM   #13
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Default Re: Don't Let Congress Bail out Europe with our $$

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I wasn't even referring to GSE's, so spare me the condescension when you're not even reading what is written.

Say the man who sets up straw men (persons?) to prove a false premise. Crony Capitalism isn't capitalism.
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Old 05-11-2010, 06:40 PM   #14
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Default Re: Don't Let Congress Bail out Europe with our $$

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Is our money being used to bailout Europe?
Yes I believe so. The US is the largest contributor to the IMF (17.1%) and Bernake's trying to issue a blank check. Plus it's more like 2 Trillion now.

Rhambo's working the phones (aka strong arming in Chitown style) to stop the proposed Fed audit. But yes, our tax dollars at work.
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Old 05-11-2010, 06:58 PM   #15
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Default Re: Don't Let Congress Bail out Europe with our $$

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Yes I believe so. The US is the largest contributor to the IMF (17.1%) and Bernake's trying to issue a blank check. Plus it's more like 2 Trillion now.

Rhambo's working the phones (aka strong arming in Chitown style) to stop the proposed Fed audit. But yes, our tax dollars at work.
Maybe the US and Europe have this all planned out. Crash our economies so they can start a new world gov't.

Over millions of dead bodies....
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Old 05-11-2010, 07:13 PM   #16
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Maybe the US and Europe have this all planned out. Crash our economies so they can start a new world gov't.

Over millions of dead bodies....

Insanity is continuing to do what doesn't work and thinking THIS TIME WILL BE DIFFERENT.

They are Spending/Power junkies pure and simple.
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Old 05-11-2010, 07:27 PM   #17
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Default Re: Don't Let Congress Bail out Europe with our $$

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Maybe the US and Europe have this all planned out. Crash our economies so they can start a new world gov't.

Over millions of dead bodies....
PR, I like to read the user comments to articles, and I've seen a lot of people mentioning that. I hope that never happens.
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Old 05-11-2010, 08:13 PM   #18
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Default Re: Don't Let Congress Bail out Europe with our $$

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PR, I like to read the user comments to articles, and I've seen a lot of people mentioning that. I hope that never happens.
lot of conspiracy nuts out there
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Old 05-12-2010, 08:40 AM   #19
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Default Re: Don't Let Congress Bail out Europe with our $$

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lot of conspiracy nuts out there
In times of crisis like we're in now, you have to look at all the potential scenarios and consider "what if?".

Personally, I would join forces with whatever group strongly opposes a "world gov't" if that option became a reality. And I would not act peacefully if that's what was necessary.

And I would fight until, well....

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Old 05-12-2010, 11:41 AM   #20
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Default Re: Don't Let Congress Bail out Europe with our $$

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In times of crisis like we're in now, you have to look at all the potential scenarios and consider "what if?".....
I'm really not sure how productive that is. Seems like an overreaction to me.
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