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To: LS

That’s what concerns me the most. We are in a not neccissarily unique, but still rare and unfortunate position where we can really let capitalism slip from our grasp. I see the potential for sectors, that should not be, become nationalized leaving Alexander Hamilton spinning in his grave. And as we have seen before, once it’s in the hands of the government, it is nearly impossible to wrench it free again.


107 posted on 09/24/2008 3:30:19 PM PDT by CougarGA7 (Wisdom comes with age, but sometimes age comes alone.)
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To: CougarGA7
Very difficult to do so. On the other hand, I'm struggling to see how much different this is from 1893 when J.P. Morgan took $7 million to bail out the U.S. banking system at the behest of the federal government.

At any rate, you cannot have 536 people of power in Washington stand around and say, "let the market work." In this day and age, it just isn't realistic.

110 posted on 09/24/2008 3:37:37 PM PDT by LS ("Castles made of sand, fall in the sea . . . eventually." (Hendrix))
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