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To: driftdiver

Well just a couple quick points.

Any bailout money has been repaid a large profit to the govt.
Banks did not put this nation into a recession; people pulling back from spending $$ they didn’t have is what started things.
3) every industry “has politicians in their pocket”
4) Did people complain when loans were made to make house prices go up? And what about all the other positive economic affects on the way up during the bubble times?


56 posted on 03/28/2011 9:22:29 AM PDT by HereInTheHeartland (Yes We Can, have smaller government)
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To: HereInTheHeartland

“Any bailout money has been repaid a large profit to the govt.”

And yet small business owners cannot get a loan. But banks will give loans to companies in foreign countries.

“Banks did not put this nation into a recession”

What the banks did led to the recession. People want to blame the govt, but the govt was only doing what the banks paid them to do.

Nobody complained when prices were going except people who were trying to buy with real numbers in mind. The banks pushed the numbers up because of the obscene profits they were making.


60 posted on 03/28/2011 9:41:10 AM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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