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Technology Stocks : The New (Profitable) Ramtron
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To: Tom Caruthers who wrote (407)9/29/2008 2:53:53 PM
From: Tom Caruthers  Read Replies (1) of 647
 
So the House has rejected the proposed bailout plan. Dow was down 700 points at one point. These idiots in Congress and much of the American public don't realize that failure of the financial system will lead to significant pain for all Americans. The small potential - and let me stress potential - cost to most Americans of the plan is going to be nothing when, because of this epic failure of government to pass this bill, pain hits the average taxpayer square in the eyes when unemployment and foreclosures skyrocket, businesses go bankrupt, hundreds of billions are lost in stocks, mutual funds and retirement accounts and credit fails across the country, toppling economies globally.

That being said, they can't just do nothing. They better have an alternative.

Tom
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