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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: dybdahl who wrote (5898)4/5/2008 2:17:46 PM
From: RockyBalboa  Respond to of 71403
 
"Taxes are up? The bank who milked me for decades is bankrupt and now I must pay again!"

In my opinion total tax returns are already increasing thanks to the ongoing wage / price inflation.
Especially during times of large federal spending and supporting troubled banks hiking tax rates might be the wrong message which hard working american taxpayers will not understand correctly.
Reasons for the patriotic war could possibly be sold to the public but not bailing out an investment bank.

Moral hazard squared...



To: dybdahl who wrote (5898)4/5/2008 3:14:33 PM
From: Real Man  Read Replies (1) | Respond to of 71403
 
Let a few crooks collapse before bailing out anyone? No bailout
will send a clear message: no more leverage, boyz, that game
is over. To a degree they tried, with Bear, but risk premiums,
of course, contracted after the save. The Fed is terrified.
When the Fed was terrified last August, and then the markets
soared in October, should we have been terrified?