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To: mlocher
Global bank failures do, however, have an impact on us.

As in, creates new markets and expansion opportunities for our banks.
18 posted on 09/28/2008 4:42:39 PM PDT by Terpfen (Romney's loss in Florida is STILL a catastrophe. Hello, McCandidate!)
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To: Terpfen
As in, creates new markets and expansion opportunities for our banks.

Absolutely! I also know that you understand that there will be some short term pain. As foreign banks go under, payrolls cannot be met and cheap foreign goods cannot be made and shipped here. No, we should not bail out these foreign banks. Maybe some of these jobs overseas will migrate back here where the situation is more stable.

19 posted on 09/28/2008 5:09:35 PM PDT by mlocher (USA is a sovereign state.)
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To: Terpfen

btt


23 posted on 09/28/2008 9:28:30 PM PDT by Ciexyz
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