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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (85610)2/19/2009 7:29:53 AM
From: Real Man1 Recommendation  Read Replies (2) of 94695
 
Exactly, very unfair. Tax cuts and infrastructure projects
are a lot more fair than giving money away to failed companies
and banks. If GM got bankrupt, it needs to do bankruptcy
restructuring, ditto the banks - C, BAC, etc. Especially the
banks, since they got us into this mess. The automakers got
15-25 bln tops, banks got 700 bln. Did the Republicans betray
their party's ideals? The answer is Yes. Which is why they
lost the elections. IMHO. Now folks got pissed and
there will be a cleanup in the party. Already was. -g-

The banks will need to be nationalized, contracts cancelled,
to avoid a complete implosion of the financial system and
protect depositors.
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