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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: RMF who wrote (72515)9/23/2009 7:46:23 AM
From: chartseer  Read Replies (1) | Respond to of 224728
 
Oh bummer! You mean the financial institutions, the banks, the insurance companies and the pensions funds, are no longer insolvent?
You mean their toxic assets are now worth their face value?
Or is it that they, the financial institutions are being allowed to carry their toxic assets on their books at face value rather than valuing them at their actual toxic market value?
Gee whiz aren't we lucky? Inflation instead of deflation.

comrade chartseer



To: RMF who wrote (72515)9/25/2009 5:21:40 PM
From: TimF1 Recommendation  Read Replies (2) | Respond to of 224728
 
Tim, don't you understand that ALL our banks were INSOLVENT?

Why would I want to understand something as true when its false?


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