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Financial crisis: Government to take majority stake in RBS (Royal Bank of Scotland)
The Telegraph (UK) ^ | October 12, 2008 | Edmund Conway, Philip Aldrick, Mark Kleinman, Alistair Osborne

Posted on 10/12/2008 8:35:44 AM PDT by silentknight

click here to read article


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To: silentknight

They should just let the bubble burst. Government action is only adding fuel to the fire.


21 posted on 10/12/2008 8:52:37 AM PDT by BarnacleCenturion
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To: silentknight

Exactly right. We need to be realists. The entire world is leveraged. This can’t end well..... at least any time soon.


22 posted on 10/12/2008 8:53:23 AM PDT by jersey117
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To: TigerLikesRooster

Funny, after all this, I haven’t heard ANY talk about outlawing derivatives or credit default swaps. Give it 2 or 3 years—they’ll be back with a vengence. This time the geeks will SWEAR that they’ve gotten the bugs out of their math models (heh, heh).


23 posted on 10/12/2008 8:54:43 AM PDT by rbg81 (DRAIN THE SWAMP!!)
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To: XeniaSt

The time is ripe and the socialist know it.


24 posted on 10/12/2008 8:56:39 AM PDT by hope (the socialist msm result is mind-numb O-bots)
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To: silentknight

Wait until the OBAMA gets elected!!

What will the DOW be, 500 or 1000?

OBAMA MAY BE A REAL THREAT TO THE FREE MARKETS!


25 posted on 10/12/2008 8:56:55 AM PDT by ethics
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To: silentknight

That may be in the article..but your headline is not correct. The headline is not nearly as glaring as the one you made up out of wholecloth.

That’s all I am pointing out.


26 posted on 10/12/2008 9:00:05 AM PDT by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
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To: rbg81
Yes, all financial outlets would be required to download patches from Soros Inc. This would be worse than downloading unending stream of patches from Microsoft, because bugs would keep showing up, each of which would be just as disastrous as the last one.
27 posted on 10/12/2008 9:01:32 AM PDT by TigerLikesRooster (kim jong-il, chia head, ppogri, In Grim Reaper we trust)
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To: penelopesire

OK.

I see this as the biggest story of the weekend. Coming from the IMF.

Why in the world do they say these things out loud? I don’t understand. If you are trying to prevent a meltdown then you tone down your rhetoric.

Are they trying to force the people to get their governments to do more? Are they warning people?

What is the psychology behind all of this?


28 posted on 10/12/2008 9:02:40 AM PDT by silentknight
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To: TheDon; silentknight
We’re all national socialists now....

That really worked out well for the Jews and Germans didn't it.

29 posted on 10/12/2008 9:04:43 AM PDT by wmfights (Believe - THE GOSPEL - and be saved)
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To: silentknight

Some guy posted he thinks the whole thing was planned!!!!


30 posted on 10/12/2008 9:05:05 AM PDT by org.whodat ( "the Whipped Dog Party" , what was formally the republicans.)
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To: silentknight
Are they warning people?

I believe so - considering how rapidly this crisis has unfolded and that none of the measures taken so far have been able to stem the bleeding.

31 posted on 10/12/2008 9:05:19 AM PDT by jersey117
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To: rbg81
Funny, after all this, I haven’t heard ANY talk about outlawing derivatives or credit default swaps. Give it 2 or 3 years—they’ll be back with a vengence. This time the geeks will SWEAR that they’ve gotten the bugs out of their math models (heh, heh).

Do you think that is why there is no confidence in the system????? LOL

32 posted on 10/12/2008 9:06:29 AM PDT by org.whodat ( "the Whipped Dog Party" , what was formally the republicans.)
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To: All

Fox News discussing now. Brett Baer just reported that Pelosi and the democrats have met with Obama and are working on another stimulus package to be passed after he takes office. It includes food stamps, among other goodies.


33 posted on 10/12/2008 9:08:30 AM PDT by jersey117
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To: silentknight

I agree, they are creating alot of fear.


34 posted on 10/12/2008 9:09:00 AM PDT by HollyB
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To: silentknight

“What is the psychology behind all of this?”

PANIC...and an attempt by socialists/communists around the globe to use this crisis to their own ideological aims. They are also trying to take down America’s dominance in the world.


35 posted on 10/12/2008 9:09:22 AM PDT by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
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To: silentknight

BFL


36 posted on 10/12/2008 9:10:49 AM PDT by blam
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To: Rockitz
Great lyrics!

B-B-B-B-B-Bennie......Bennie...Bennie and the Feds........LOL!

37 posted on 10/12/2008 9:11:31 AM PDT by marshmallow
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To: teletech

There was a post on FR Saturday a.m. about Huckabee saying on Fox that economic terrorism was being looked at as the cause of the meltdown.

I left to run errands and a couple hours later the thread was gone. Did I miss it or was the thread pulled, and if so, why?

Anyone know?


38 posted on 10/12/2008 9:12:20 AM PDT by A_Former_Democrat (u)
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To: penelopesire
They are also trying to take down America’s dominance in the world.

Precisely. Paulson looks absolutely unhinged by this.

39 posted on 10/12/2008 9:12:21 AM PDT by jersey117
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To: teletech

There was a post on FR Saturday a.m. about Huckabee saying on Fox that economic terrorism was being looked at as the cause of the meltdown.

I left to run errands and a couple hours later the thread was gone. Did I miss it or was the thread pulled, and if so, why?

Anyone know?


40 posted on 10/12/2008 9:12:28 AM PDT by A_Former_Democrat (u)
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