To: Fred
If the speculator does not use fear or fraud and bears the risks and rewards of the trade, then the government has no business getting involved. McCain’s admitted limited knowledge of economics is not serving him well.
4 posted on
09/18/2008 10:52:29 AM PDT by
RKV
(He who has the guns makes the rules)
To: RKV
McCains admitted limited knowledge of economics is not serving him well.
I'm no McAmnesty fan, but he does need to come out and say something on this since the Dems are blaming the Repubicans for the fiasco. Something definitive and something that shows it wouldn't happen under his watch. I think he did that. Only thing left is for him to also tie it to the Dems.
To: RKV
If the speculator does not use fear or fraud and bears the risks and rewards of the trade, then the government has no business getting involved. That would be swell, except for cases where the "risks" involve losses greater than the ready assets of the financial institution involved.
35 posted on
09/18/2008 12:56:00 PM PDT by
r9etb
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