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Pastimes : Discussion Thread

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To: one_less who wrote (3001)	12/9/2008 12:10:10 AM
From: c.hinton	Read Replies (1) of 3816

economics...geepers why spoil a nice pre x mass rally by pointing out that the fed is pushing on a string. why spoil that giving feeling by pointing out that this stimulus program is being en acted too early . its throwing good money after bad and will continue to be so until we are willing to let failure fullfill its corse. the auto industry is a perfect example.... give it all the money in the world and it still wont increase sales. get ready for years of subsidizing industries and home owners who would better be left to fail ... its time to draw the line..... increase gov spending yes...but stop giving money away ...it drives out private investment opportunities and creates dependancy on subsidized credit . jmho

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