Replies

To: RC2

The panic and the chain reaction that would have ensued if this bank failed would have been paramount to 1929 again.

4 posted on 04/03/2008 1:54:33 PM PDT by Resolute Conservative

To: Resolute Conservative

Bull.

It was GOVERNMENT involvement that caused the SEVERE DEPRESSION then. READ YOUR HISTORY! LEARN from mistakes for a change! GEESH!

7 posted on 04/03/2008 1:59:03 PM PDT by nmh (Intelligent people recognize Intelligent Design (God).)

To: Resolute Conservative

Yep. And guess what - people learned not to overleverage themselves.

It seems like people need to learn it again, and they won’t if they keep getting bailed out by taxpayers.

18 posted on 04/03/2008 2:47:16 PM PDT by cinives (On some planets what I do is considered normal.)

To: Resolute Conservative

"The panic and the chain reaction that would have ensued if this bank failed would have been paramount to 1929 again."

who says we are out of the woods? now they can claim this method for anything they want to do with the economy.

22 posted on 04/03/2008 2:57:24 PM PDT by Brian S. Fitzgerald ("We're going to drag that ship over the mountain.")

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