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To: Notary Sojac

Bush (2001)(2003)

http://www.youtube.com/watch?v=cMnSp4qEXNM


28 posted on 10/18/2011 7:41:13 AM PDT by Cincinatus' Wife
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To: Cincinatus' Wife
All Dubya had to say in 2005 to the banks was this:

"You are responsible for your own due diligence on the securities you acquire. If the underlying property values fall below your booked values, your bondholders will have to assume the loss. Do not even dream that the US Treasury or the Fed will take action to support insolvent investors."

I would have said that. By the end of 2005 I WAS saying that. But since I'm not the president, I don't have much of an impact.....

30 posted on 10/18/2011 8:40:53 AM PDT by Notary Sojac
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