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


To: Kenneth E. Phillipps who wrote (72577)9/24/2009 4:22:38 PM
From: lorne2 Recommendations  Read Replies (1) | Respond to of 224748
 
ken..."Does anybody on this thread have a reaction or comment on Volker's statement about "too big to fail"?"...

IMO what is to big to fail is the DOLLAR...the reserve currency of the world...it represents the value of American citizens...it is where a good portion of the worlds countries store the value..or reserves..of their countries..again the value of their citizens....barrak hussein obama has those countries that hold massive US debt over a barrel...if they trash the dollar they cut their own throat...if they don't dump the dollar they could get massive inflation which reduces the value of their reserves...seems like we are all in a lose lose situation.

No dollar = no need for banks.



To: Kenneth E. Phillipps who wrote (72577)9/24/2009 4:23:57 PM
From: tonto5 Recommendations  Respond to of 224748
 
Volker is correct. Obama needs to slow down and think things through.