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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: BSGrinder who wrote (53105)	3/23/1999 12:46:00 PM
From: Mike M2	Read Replies (2) \| Respond to of 132070

BS, there are exceptions of course. I would argue that government guarantees whether express or implied encourage greater risk taking than would otherwise be the case. Look at the derivatives exposure of the money center banks when the banks get into trouble again they have every reason to believe that AG will bail them out again. mike

To: BSGrinder who wrote (53105)	3/23/1999 1:19:00 PM
From: Freedom Fighter	Read Replies (1) \| Respond to of 132070

Kit, >>Maybe you see the government mis-managing our economy, whereas perhaps it is big business (which has bought the government) screwing things up. Just a thought.<< Either way you can make the case that we should shrink the government. That way the government can't screw things up on its own due to politics instead of economics, and business can't buy the government and screw things up.