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Andy823 (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 05:59 PM Original message |
What would happen if we let them fail? |
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Mike 03 (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 06:06 PM Response to Original message |
1. It would be fucking disaster the likes of which we've never seen before. |
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onethatcares (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 06:08 PM Response to Reply #1 |
2. mike, they already got the money they originally got invested. |
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Mike 03 (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 06:11 PM Response to Reply #2 |
6. I'm not sure there is a bright side. I'm not sure I get your point, but I think you are feeling |
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Mike 03 (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 06:13 PM Response to Reply #2 |
7. I don't think I disagree with you. It is bleak all around. |
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Andy823 (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 06:39 PM Response to Reply #7 |
11. You make sense to me. |
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RJ Connors (679 posts) Send PM | Profile | Ignore | Thu Mar-19-09 06:30 PM Response to Reply #1 |
10. And while I agree with you, |
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sendero (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 06:51 PM Response to Reply #1 |
16. I just don't agree.. |
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Andy823 (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 09:56 PM Response to Reply #16 |
23. Yes, I too would love it |
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Mike 03 (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 06:08 PM Response to Original message |
3. Also, it is ridiculous to slam Obama, because Paulson and Bernanke, appointed by Bush, are |
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Andy823 (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 06:41 PM Response to Reply #3 |
12. The blame game |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 06:09 PM Response to Original message |
4. It's not about whether we let the financial industry fail. |
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Andy823 (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 06:43 PM Response to Reply #4 |
13. I agree. |
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sendero (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 06:53 PM Response to Reply #4 |
17. Exactly.. |
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HiFructosePronSyrup (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 06:10 PM Response to Original message |
5. It'd be like when Lehman bros. was allowed to fail. |
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bridgit (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 06:14 PM Response to Original message |
8. Dunno, they say AIG bundled so many policies & Fi-products they out stripped... |
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Andy823 (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 06:47 PM Response to Reply #8 |
14. It was all about greed! |
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bridgit (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 04:40 AM Response to Reply #14 |
24. Correct. The wealth of a nation clearly no loner resides in the 'crown jewels' yada-yada especially |
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Laelth (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 06:22 PM Response to Original message |
9. Foreign banks would refuse to lend us money and the Federal Government would collapse. |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 06:49 PM Response to Reply #9 |
15. I'm not sure it won't collapse anyway... |
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sendero (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 06:55 PM Response to Reply #9 |
18. Do you think.. |
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Laelth (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 07:24 PM Response to Reply #18 |
20. I hear you, and I don't know what foreign banks will do. |
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annabanana (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 06:57 PM Response to Original message |
19. When can we actually NATIONALIZE them? |
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Fire1 (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 07:28 PM Response to Original message |
21. AIG would not fail. As KO put it, it just needs to be 'de-clawed.' |
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Andy823 (1000+ posts) Send PM | Profile | Ignore | Thu Mar-19-09 07:32 PM Response to Reply #21 |
22. Yep, I heard that from Keith. |
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