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To: Dead Corpse
The powers you are advocating for the FedGov are the very same ones that got us where we are now.

Hardly. As I said in another post, the feds did too much of what they shouldn't have been doing, and not enough of what they should have been doing, due to the partisan hacks such as Frank and Dodd for the Dems and Gramm for the GOP. What is needed is regulation of basic reserve requirements for all financial institutions and products.

112 posted on 04/30/2009 9:34:59 AM PDT by dirtboy
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To: dirtboy
Going back to Econ 101, they shouldn't have been doing much of anything. Let the markets fluctuate naturally. The highs and lows would be less severe than the current boom/bust crap we've been going through.

"More government" is never the answer. It's like saying "well Socialism works, you just have to do it right".

Not applicable to the real world.

120 posted on 04/30/2009 9:42:42 AM PDT by Dead Corpse (III)
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