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To: SeekAndFind

That’s kind of a stretch.
If people believe the bailouts actually worked and were needed; then with that logic, most companies in the US would have been wiped out in a spiraling depression.

The other way to look at, the bailouts were not needed, and these Buffet companies would have made it through anyway, because they were fundamentally sound.


3 posted on 08/06/2009 6:36:33 AM PDT by HereInTheHeartland (I agree with Rick..)
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To: HereInTheHeartland

What’s the stretch? The banking system is unsound, and the FDIC is near broke. They would have collapsed without support. ALL of the major banks and brokers would have collapsed last year.


7 posted on 08/06/2009 6:50:17 AM PDT by PghBaldy (http://www.blackfive.net/main/2009/06/president-obama-visits-wounded-troops.html)
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