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Thread: The big bail out

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  1. #1
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    Quote Originally Posted by JiGGaMaN View Post
    Thats the dumbest thing I've heard since the last time i said that in response to one of your genius posts.
    once again my DEGREE IS IN ECONOMICS YOU MORON. I know what i'm talking about and i don't believe that the FREE market is supposed to be regulated....let those that take the wrong risks lose their ass like they're supposed to

  2. #2
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    Quote Originally Posted by RuhlFreak55 View Post
    once again my DEGREE IS IN ECONOMICS YOU MORON. I know what i'm talking about and i don't believe that the FREE market is supposed to be regulated....let those that take the wrong risks lose their ass like they're supposed to
    Think of the mess we are in akin to cancer.

    In order to preserve the body, we need to have some aggressive chemo (like this bailout) to wipe out the cancer that is dispersed throughout the entire system.

    Without the chemo, the body will succumb to the cancer and perish.

    We can point the finger and place blame later, but this is NECESSARY to keep going.

    I think what was done with AIG should be done to Goldman, JP Morgan, and any other institution that will stand to get a clean slate from the government intervention. 80% equity stake with tons of warrants in exchange for the purchase of the bad instruments.

  3. #3
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    Quote Originally Posted by daem View Post
    Think of the mess we are in akin to cancer.

    In order to preserve the body, we need to have some aggressive chemo (like this bailout) to wipe out the cancer that is dispersed throughout the entire system.

    Without the chemo, the body will succumb to the cancer and perish.

    We can point the finger and place blame later, but this is NECESSARY to keep going.

    I think what was done with AIG should be done to Goldman, JP Morgan, and any other institution that will stand to get a clean slate from the government intervention. 80% equity stake with tons of warrants in exchange for the purchase of the bad instruments.
    i'm against insano regulation not the bailout.....

  4. #4
    Quote Originally Posted by RuhlFreak55 View Post
    once again my DEGREE IS IN ECONOMICS YOU MORON. I know what i'm talking about and i don't believe that the FREE market is supposed to be regulated....let those that take the wrong risks lose their ass like they're supposed to
    Really? I have a background in economics as well, no degree though.

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