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Search took 0.00 seconds. Search: Posts Made By: MikeWaters
Forum: Current Events 09-29-2008, 09:26 PM
Replies: 29
Views: 2,868
Posted By MikeWaters
Maybe the problem is that families really ought...

Maybe the problem is that families really ought not carry 50,000 dollars in credit card debt.

Instead of the problem being that they can't increase that credit card debt.
Forum: Current Events 09-29-2008, 09:23 PM
Replies: 29
Views: 2,868
Posted By MikeWaters
the difference here is that one side (the...

the difference here is that one side (the anti-bailout side) is saying "we don't know what will happen", while the pro-bailout side is saying "we know exactly what is needed, and what is going to...
Forum: Current Events 09-29-2008, 08:08 PM
Replies: 29
Views: 2,868
Posted By MikeWaters
Ceteris, what is your conflict of interest? How...

Ceteris, what is your conflict of interest? How will you benefit from a bailout? I want specifics.
Forum: Current Events 09-29-2008, 08:06 PM
Replies: 29
Views: 2,868
Posted By MikeWaters
have they revoted yet? If you leave your post...

have they revoted yet? If you leave your post again, you will be banned. Don't come back until you know whether there is a procedural revote.
Forum: Current Events 09-29-2008, 08:05 PM
Replies: 29
Views: 2,868
Posted By MikeWaters
the crisis is not a lack of money per se. It is...

the crisis is not a lack of money per se. It is a lack of confidence that other institutions are being honest. What we have is a transparency problem, and I don't see how pouring more money into...
Forum: Current Events 09-29-2008, 07:49 PM
Replies: 29
Views: 2,868
Posted By MikeWaters
What reason do we have to believe your math? ...

What reason do we have to believe your math?

We've been lied to at every turn, now suddenly you have a crystal ball?

Go to the RTC model, not a pre-emptive saving of the failing S&Ls.
Forum: Current Events 09-29-2008, 07:43 PM
Replies: 29
Views: 2,868
Posted By MikeWaters
so we've already spent 700 billion, we need to...

so we've already spent 700 billion, we need to spend another 700 billion and all will be ok? That's your message, right?

No bailouts. Let them go under, and then auction off their assets.
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