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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (329777)3/22/2007 11:43:10 AM
From: TimF   of 1576066
 
I did argue against subsidies multiple times, including subsidies for the oil industry.

I'm against subsidies in general but a subsidy for oil exploration isn't as bad as a subsidy for lawsuits.

Actually neither instance is really an earmark, and the case with the lawyers isn't exactly a subsidy. Its worse then most subsidies. If fully implemented this idea would destroy the securitization of mortgages, and cause other problems. With the housing market already week now is a pretty bad time to knock demand down, and even in the best of times this is a horrible policy.
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