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

To: longnshort who wrote (28411)3/30/2010 11:07:58 AM
From: DuckTapeSunroof  Read Replies (2) | Respond to of 103300
 
The old program had the BANKS passing their loan losses off to the taxpayers (and keeping the profits on all the performing loans....)

"Private Profits and Socialized Losses" was the WORST of economic models... pure corporate welfare.

With the new model the C.B.O. projects that ending these wasteful subsidies will "free up nearly $68 billion for college affordability and deficit reduction over the next 11 years."



To: longnshort who wrote (28411)3/30/2010 11:10:47 AM
From: tonto1 Recommendation  Respond to of 103300
 
With the information that we have, I highly doubt that the health care plan will do much more than INCREASE our deficit when they finish negotiating with the doctors...


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