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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (112752)4/23/2012 3:07:23 PM
From: Road Walker  Read Replies (1) | Respond to of 149317
 
You still don't understand. So I'll repeat it for the millionth time. This isn't about just stepping back and HOPING things work. This is about STRUCTURED BANKRUPTCY. Do you understand what that means? This is when the government takes over and winds a bank down slowly in a methodical way, so as not to create a systemic collapse.

No, it's you that doesn't understand. Or are just to pissed off to try to understand. You are talking about something so huge, so convoluted, with so many moving parts, as if it were closing down a kids lemonade stand.

Little MM understands world finance so well he could handle it... why do we even need the Bernanke's of the world... we have MM to solve every thing for us!