Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: woofie
I want to see a comparison with what Reagan did with the S&l bailout

I don't care who did it or when or for what.

It was just plain wrong.

This is what bankruptcy is for, otherwise, Congress needs to pass laws forcing the Feds to loan zero-interest money to the common taxpayer when they are in financial trouble, can't pay their taxes, or their bills.
25 posted on 02/07/2012 1:00:53 PM PST by SoConPubbie
[ Post Reply | Private Reply | To 9 | View Replies ]


To: SoConPubbie; woofie

And there is a big difference betwen the S&L bailout and the Automaker balouts.

2 big differences actually.

1. Billions of dollars were spent by Bush and Obama.
2. The S&L industry was allowed to FAIL.


39 posted on 02/07/2012 1:06:19 PM PST by Responsibility2nd (NO LIBS. This mean Liberals and/or Libertarians (Same Thing) NO LIBS.))
[ Post Reply | Private Reply | To 25 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson