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To: Toddsterpatriot

Rates have been artificially held down by manipulation for decades.

That’s one of the biggest reasons we’re in this mess.

Let the market set the rates.

Capitalism requires creative destruction to burn off the deadwood. Otherwise the entire forest dies of suffocation.


48 posted on 09/25/2009 1:14:31 PM PDT by Palin Republic (Palin - Bachmann 2012 : Girl Power!)
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To: Palin Republic
Rates have been artificially held down by manipulation for decades.

Which rates?

Capitalism requires creative destruction to burn off the deadwood.

Bear Stearns, Lehman, Merrill, Countrywide, Wamu, IndyMac.....I could go on and on.

50 posted on 09/25/2009 1:22:36 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Palin Republic
"Let the market set the rates."

Only problem is, the socialist government is trying to takeover the market, about halfway there...don't you think? We are going from one type of fascism to another.

52 posted on 09/25/2009 1:58:38 PM PDT by Earthdweller (Harvard won the election again...so what's the problem.......?)
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