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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lokness who wrote (193826)7/14/2012 11:56:03 AM
From: bentway  Respond to of 543050
 
" Teddy Roosevelt on the other hand when dealing with "Trust", stepped in understanding they were not in the publics interest and broke them up."

"Corporations are people too, my friend."

Mitt Romney

But, I get your point. I think every corporate entity should be evaluated yearly to determine if they are in the public interest. If they can't demonstrate that, they should be given a year to do so. After that - gone. I have trouble seeing how massive leveraged derivative bets are in our interest.



To: Steve Lokness who wrote (193826)7/14/2012 12:28:10 PM
From: Cogito  Respond to of 543050
 
So that banks paid back the money justifies what they originally did?
I didn't say that. And I agree that the banks, insurance companies, and other financial entities harmed everyone but themselves with their bad behavior.

I responded as I did to you because your statement was that the banks harmed "taxpayers." If by taxpayers you mean everyone, then yes, I agree. But using that term when you mean everyone obfuscates your meaning.


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