Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: RegulatorCountry

What did the S$L bailout have to do with Capitalism?
Except to subvert it.


174 posted on 08/22/2005 8:05:30 PM PDT by sarasmom (Even if all else is wrong in your world,, find comfort in the fact that I am not in charge!)
[ Post Reply | Private Reply | To 171 | View Replies ]


To: sarasmom

"What did the S$L bailout have to do with Capitalism?"

It provided something of a "get out of speculative debt free clause," legally, to those in a position to benefit.


176 posted on 08/22/2005 8:07:10 PM PDT by RegulatorCountry (Esse Quam Videre)
[ Post Reply | Private Reply | To 174 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson