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To: SERKIT
I did not hear the address first-hand, but was there ANY mention that the banks will STILL be under the gun to issue loans to non-qualified lenders?

Doesn't matter. The equity injections will boost the market temporarily, but the real problem of insolvent banks, especially in Europe, will continue. The loans to deadbeats are at a lower level which doesn't really impact the higher level.

7 posted on 10/14/2008 6:08:42 AM PDT by palmer (Some third party malcontents don't like Palin because she is a true conservative)
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To: palmer
I give a year or so, and governments start doing what they do. Taxing imports, printing debt notes, raising taxes.

Will the Euro last, or will Brussels and the Yuppie princelings tidy up the last remnants of European nation states?

How's China going to take a business slowdown? Time to really grind the Chinese workers into dust to keep the money coming? And will that money be plowed back into US Treasuries, thus making Goldman Sacs, the US Government, and Americans partners in fascists China?

12 posted on 10/14/2008 6:19:01 AM PDT by Leisler (Each generation, selling the next further into slavery)
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