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To: Madharry who wrote (33891)3/20/2009 9:03:08 AM
From: R2O  Read Replies (1) | Respond to of 78748
 
I guess I think that, just perhaps, the folks we elect should do us the courtesy reading the laws that will control our lives. After they do that perhaps they should spend just a moment or two understanding the consequences of the law that controls our lives.

If they don't read a bill they should not vote for it. If they don't really understand a bill they should not vote for it.

Although the superiority of our elected officials (I live in MA ... and we sure have the best: Kennedy, Kerry, Frank, ... The Big Dig, ... now shooting for highest gas tax, highest tolls, highest auto registration fees, etc.) cannot be questioned, even they could barely read a 500 page bill in 8 hours much less understand it's consequences.

Why bother with them at all if all they do is what they are told to do by their staff or 'masters'? Better to have a benevolent dictator.

R2O



To: Madharry who wrote (33891)3/20/2009 10:09:07 AM
From: Spekulatius  Read Replies (1) | Respond to of 78748
 
re AIG. I doubt the campaign contributions have much to do with it even though it is ironical that some of the biggest shouters (Dodd) have received the largest contributions. Big influential companies like AIG tend to contribute to just about anyone who has or is bound to have influence.

I agree that the AIG bankruptcy would have been cheaper in hindsight but he Fed could not have known in back September. if they had let AIG fail, they would have had to ringfence the fallout (which is worldwide) or the panic would have been incredible.