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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: Cogito Ergo Sum who wrote (80986)10/7/2011 8:28:09 PM
From: Ilaine1 Recommendation  Read Replies (1) of 217592
 
Bank "bailouts" (loans) injected liquidity to avoid catastrophic system collapse.

Most of the financial institutions that received "bailouts" have paid them back.

People complaining about student loans (this is the biggest complaint I see from allegedly Wall Street protestors) don't want to have to pay them back.

They want to have their cake and eat it, too.

We all want to have our cake and eat it, too.

My advice for people who don't want to have horrendous student loans -- don't borrow them. Nobody says you have to go to a very expensive college in another state for an education you could get, just as well, locally, much cheaper. Live within your means.

I see, every day, people who put themselves into bankruptcy because their children wanted to go to a fancy college that nobody could afford. Crazy.
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