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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: Wayners who wrote (24531)1/13/2010 11:22:51 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
and my points are:

1) the taxpayers need to be fully paid back! (And with even some small 'profits' too, because the bailouts need to be seen as investments, not FREE CASH for the Plutocrats, for the Corporate Socialism set... and ALL INVESTMENTS are made for expected profits.)

2) Further more, as the DAMAGE done to the economy runs into the TRILLIONS (*far more* then just the TARP Billions...), and as we need to change the conditions so that there is STRONG INCENTIVE to NOT TRY to pull this same kind of crap over again, it makes perfect sense to disincent Wall Street firms who are "too big to fail" from running with excessive leverage, or books full of un-backed semi-fraudulent derivitive paper ever again.

Time to FIX the problems that caused the collapse... (not just carp about them!)



To: Wayners who wrote (24531)1/13/2010 2:14:13 PM
From: tonto  Respond to of 103300
 
You are absolutely correct. There will be service fee increases, you can bank on that...

My point is that Obama wrongly as usual thinks that if they impose fees on banks that somehow that comes out of the pockets of those that own the banks when in reality the banks turn around and pass those fees directly onto us as customers.