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1 posted on 07/20/2008 9:59:26 PM PDT by Fred
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To: Fred

The problem with a free market, is that it doesn’t necessarily do what’s best for a country.


2 posted on 07/20/2008 10:06:33 PM PDT by villagerjoel (Unfortunately, Mr Worsley's crab will not be displayed in any museum. A friend has eaten it.)
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To: Fred

They needn’t worry. According to liberals, we can’t “drill our way out” of an oil crisis, but we sure as hell can *print* our way out of any money crises....


3 posted on 07/20/2008 10:07:39 PM PDT by KoRn (CTHULHU '08 - I won't settle for a lesser evil any longer!)
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To: Fred
FNM and FRE grotesquely mismanaged their own business and got loans from (mostly) the Chinese to pay for their heavily leveraged acquisition of mortgages. The directors of the FFs screwed up, and they did so with the full support of the Federal Govt.

And this is why America's credit rating is on the line. Will you default like Argentina and Russia, or are you good for it?

I think you're good for it.

8 posted on 07/21/2008 5:38:10 AM PDT by agere_contra
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