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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (111824)5/24/2009 1:24:45 PM
From: slacker711  Read Replies (1) | Respond to of 541763
 
You appear to want to say that all money is created equal, but it isn't. The government's money is different from your or anyone else's money. The bankruptcy would have occurred much sooner without the govt lending and backing. As well as a lot of other undesirable consequences (which may, of course, occur anyway in the fullness of time). The government represents--in principle at least, the public interest.

So basically, take the Bush "we are above the law" logic on foreign policy and apply it to economics....and instead of 9/11 use the economic crisis as your justification.

The more things change, the more they stay the same.

Slacker