In Reply to: So how many of you are ready to bail out Bank of America again? posted by Dan Banquer on January 21, 2011 at 09:13:09:
...Look, MOST ec.nomic experts around the world say w/o bailouts, we would be in a global DEpression...
Did you happen to notic. that Europe, C.ina, etc., ALL propped up the banks/biz/whatever? Have you notic.d GM is now having some of their BEST times? Yeah, sure, Americ. c.me to help them (as opposed to buying a Japanese c.r, for eg.) but letting all of them fail would have inc.eased the unempolyment rate a lot... one in seven are employed by the auto industry...
C.n you imagine a druggie like Bec. making dec.sions.. hahahaha...
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Follow Ups
- Dan... what's the obsession w/ bailouts?!?!? - Jimmy C. 01/21/1115:08:48 01/21/11 (1)
- It's just imaginary money, invented. - Deckers1 18:02:13 01/21/11 (0)