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To: Hawkmoon who wrote (38124)8/1/1999 10:46:00 AM
From: Bobby Yellin  Read Replies (1) | Respond to of 116764
 
Ron you just sound like a droning apologist..the questions you can't answer you skip
I am certain if gold were rallying big time and internet stocks were
collapsing ..you would find the internet thread and start giving the holier than though
your need to feel important appears to have no bounds..think you are looking in all the wrong places



To: Hawkmoon who wrote (38124)8/1/1999 6:16:00 PM
From: long-gone  Read Replies (1) | Respond to of 116764
 
<<As for govt bailing out banks and vice versa, its been going for hundreds of years, all the way back to the Hapsburgs and Charles V and longer, and in this country, back to the financial panic of 1907, which led to the creation of the Federal Reserve.>>

Did we all profit from the bailout of Mexico some years ago?
Our good Dr. Greenspan is fond of the term "constructive destruction" when some get wiped out & sees "systemic risk" when others are bailed out. When the steel workers attempt a protection from subsidized imports, Greenspan and others decry Protectionism, but willingly subsidize SOME investors losses in Mexico, hedge funds, banks, brokerage houses.

Where should the lines be drawn?