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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (283036)12/4/2008 8:36:31 PM
From: goldworldnet1 Recommendation  Respond to of 793905
 
Actually, way too free ...

As long as businesses and people use their own money, I'm very flexible. It's bailouts I don't like. The mortgage meltdown and the auto crisis are different though. The government forced the banks to extend unsound credit, but in the case of the auto industry, they made their own mess.

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To: KyrosL who wrote (283036)12/5/2008 12:27:42 AM
From: Maurice Winn1 Recommendation  Respond to of 793905
 
That's okay then. I thought you meant lenders are forced to cut interest rates: <Nobody forces the bank or borrower to renegotiate. >

Mqurice


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