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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: bentway who wrote (245571)4/26/2010 6:38:35 PM
From: RetiredNowRead Replies (3) of 306849
 
Sure, but the GOP has a good point. $50B for a orderly disposal mechanism for failed banks? That's a joke considering that AIG alone has consumed many times that amount. That is just signal that our government will always be there to step in.

It's the same old darn thing: socialism for the banks who fuck up and free markets for the rest of us who get left holding the bag. I'd prefer we would have let Wall Street crash and burn, rather than spend trillions in propping up the walking dead. I mean why are the folks at GS still making their millions after they put 8 million people out of work?
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