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To: wrrock
In other words:

Obama tells firms that are NOT in trouble, like Wells Fargo, to accept the money as their patriotic duty, then Obama will not take the money back.

Obama and Congress then beat up on all of the firms that accept bail out money, even those who stated, up front, that they did not need it.

Now, companies are reluctant to accept any bail out money, because they do not want Barney Frank and Obama to micromanage their companies.

Now, bankruptcy truly does look like the best option, in many cases.

So? So Obama figures out how to avoid the rules, for firms that take bail out money in the future, but Obama STILL won't let firms that did not want the money to -— GIVE IT BACK???

4 posted on 04/04/2009 8:56:39 AM PDT by Kansas58
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To: Kansas58

Right out of the commie playbook. Everything is based on political favors regardless of laws.


5 posted on 04/04/2009 8:58:02 AM PDT by Sir Gawain ("Let every man make known what kind of government would command his respect")
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To: Kansas58

This is the kind of uncertainty that kept the Great Depression going. Businesses never knew from one day to the next whether they would be allowed to do anything. So often, they did as little as possible.


9 posted on 04/04/2009 10:27:05 AM PDT by TenthAmendmentChampion (Be prepared for tough times. FReepmail me to learn about our survival thread!)
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