SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (259936)7/11/2010 4:07:47 AM
From: NOWRespond to of 306849
 
<We're talking about something that WOULD have happened. It's the same as the Bushies claiming that the war in Iraq prevented us from being attacked at home for eight years. I don't believe THAT one!>

So we agree: Paulsons lies were the same as Bushies



To: bentway who wrote (259936)7/11/2010 1:23:01 PM
From: Pogeu MahoneRead Replies (1) | Respond to of 306849
 
The majority of the people agree with Bobcor
AIG is your argument not the banks. Nothing would move without insurance.
All of those banks could have done exactly what Bobcor said.



To: bentway who wrote (259936)7/11/2010 4:27:49 PM
From: Broken_ClockRespond to of 306849
 
"The majority of people around the world disagree with you, BC"




To: bentway who wrote (259936)7/11/2010 5:19:21 PM
From: PerspectiveRead Replies (4) | Respond to of 306849
 
Not a single bank should have been "bailed out." They should have gone into receivership. No depression would have resulted. In fact, the redistribution of wealth and power away from the bank stockholders and bondholders would have helped improve the situation.

AIG was a different ball of wax. There was no provision for how to deal with them; I'll give you that. But not a single bank should have received preferential treatment from the government. FDIC receivership, and FDIC guarantees for the depositors. No question in my mind.

And no low-interest loans to Wall Street either. They want to play with hand grenades, let them lose an arm. The economy will replace them, and quickly.

`BC