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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (421405)10/1/2008 2:43:39 PM
From: Jim McMannis  Read Replies (1) | Respond to of 1576160
 
Gross and FDIC already asking for next installment of 700 billion dollars after the current plan passes

You KNEW that was coming! This'll be over 2 trillion in no time, with NOTHING to show for it except indebtedness.



To: michael97123 who wrote (421405)10/1/2008 2:44:28 PM
From: Tenchusatsu  Read Replies (2) | Respond to of 1576160
 
Michael, I think any bailout should be limited and should spell out clear goals and clear limits.

Otherwise when Ford and GM come knocking on the door, what's going to prevent Paulson from saying, "Come on in, we have tons of money to hand out"?

As for regulation, I have never been against setting reasonable limits, i.e. guard rails to prevent markets from going over the edge of a cliff.

Tenchusatsu


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