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To: stephenjohnbanker
Yes, of course. Just as Medicare, Medicaid & Bush's prescription drug coverage, all combine to run up health care costs.

But it was the gross over-leveraging of the big banks to buy bundled, but individually nearly worthless mortgages, that almost brought the whole system down. The over-leveraging turned what would have been an indeed disastrous misuse of capital into an overwhelming event.

The combination of fantasy seeking Egalitarian/collectivists, hoping to redistribute wealth, with foolish Republicans, putting special interests ahead of reasonable behavior, is a very bad combination. I have no use for either group--none whatsoever.

34 posted on 07/29/2015 9:44:51 AM PDT by Ohioan
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To: Ohioan

Same here.


37 posted on 07/29/2015 9:49:23 AM PDT by stephenjohnbanker (My Batting Average( 1,000) (GOPe is that easy to read))
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