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Company seizure? That's FASCISM!


1 posted on 10/26/2009 3:56:10 AM PDT by myknowledge
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To: myknowledge

Sieg Heil!


2 posted on 10/26/2009 4:10:08 AM PDT by SuperLuminal (Where is another agitator for republicanism like Sam Adams when we need him?)
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To: myknowledge
The bill will be introduced in Congress by a key ally of President Barack Obama - Representative Barney Frank - who chairs the House Financial Services Committee...

Just say "Banking Queen"...

3 posted on 10/26/2009 4:11:50 AM PDT by LRS (Just contracts; just laws; just a constitution...)
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To: myknowledge

The ultimate goal is for the government to have control of all of the means of production. See the communist manifesto.


4 posted on 10/26/2009 4:15:35 AM PDT by Leftism is Mentally Deranged
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To: myknowledge
If you don't grease the polit bureau, they simply take what they want.
5 posted on 10/26/2009 4:18:30 AM PDT by allmost
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To: myknowledge

This is socialism. This is far, far worse.


6 posted on 10/26/2009 4:19:55 AM PDT by autumnraine (You can't fix stupid, but you can vote it out!)
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To: myknowledge

We,the People, are getting the change so many wanted.


8 posted on 10/26/2009 4:23:33 AM PDT by R. Scott (Humanity i love you because when you're hard up you pawn your Intelligence to buy a drink)
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To: myknowledge
... hold more money in reserve and make it harder for them to borrow too heavily against their assets

The result is less money supply, higher interest rates, lower economic activity and fewer loans to less credit-worthy borrowers (e.g., minorities). How would Bwaney square this circle?

12 posted on 10/26/2009 4:49:11 AM PDT by ProtectOurFreedom
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To: myknowledge
Legislation to be introduced in Congress will make it easier for the US government to seize control of troubled financial institutions that are considered too big to be allowed to fail...

Wrong answer. If a company is "too big to fail", but it's losing money, let it die. It will be replaced by a number of smaller, better run companies, none of which will be too big to fail or in danger of failing. Why meddle when Adam Smith's invisible hand will solve the problem perfectly?

15 posted on 10/26/2009 8:40:04 AM PDT by TurtleUp ([...Insert today's quote from Community-Organizer-in-Chief...] - Obama, YOU LIE!)
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