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Politics : Welcome to Slider's Dugout
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To: RonMerks who wrote (7910)2/6/2008 1:24:28 PM
From: Bill on the Hill   of 50450
 
Ron says,

let the banks take back houses from all the subprime defaults and let the market correct itself without government intervention- where the TAXPAYER foots the bill to bail out the banks.

like that's gonna happen....

instead the government will privatize the assets and socialize the debt.
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