To: djsherin
Credit is an inseperable element of Capitalism.
65 posted on
11/30/2008 1:30:24 PM PST by
arrogantsob
(Hero vs Zero)
To: arrogantsob
Credit is an inseperable element of Capitalism.
Agreed...As water is an indispensable element for sustaining life... Of course, a tidal wave of water or credit can have terrible consequences.
72 posted on
11/30/2008 1:45:12 PM PST by
PerConPat
(A politician is an animal which can sit on a fence and yet keep both ears to the ground.-- Mencken)
To: arrogantsob
There’s good credit and bad credit or in other words credit based on savings and credit created from the stroke of a pen. No one is saying credit has to go.
80 posted on
11/30/2008 2:15:02 PM PST by
djsherin
(The federal government:: Because someone has to f*** things up!)
To: arrogantsob
“Credit is an inseperable element of Capitalism.”
Do you mean “debt”?
America is no longer a creditor nation. We haven’t been for almost 30 years, I believe.
SAVINGS and INVESTMENT are inseparable elements of a free market economy. Debt is for socialists, commies and their fellow travelers at the Fed and Wall Street.
135 posted on
11/30/2008 7:30:40 PM PST by
SecAmndmt
(Arm yourselves!)
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