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To: reaganaut1

Correct me if I remember it wrong, but about 2 months ago some banks wanted to pay back the money early and Obama wouldn’t allow it-WANTED them to owe the money.

Oh, as I type I see. Obama had this punishment tax for capitalism in mind already and it’s easier to impose if the banks owe money.


2 posted on 01/18/2010 4:15:27 AM PST by libertylover (The problem with Obama is not that his skin is too black, it's that his ideas are too RED.)
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To: libertylover
Oh, as I type I see. Obama had this punishment tax for capitalism in mind already and it’s easier to impose if the banks owe money.

Actually, I think almost all of the banks have paid back their loans and the thug-in-chief wants the fines imposed anyway.

7 posted on 01/18/2010 4:30:29 AM PST by raybbr
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To: libertylover
Correct me if I remember it wrong, but about 2 months ago some banks wanted to pay back the money early and Obama wouldn’t allow it-WANTED them to owe the money.

If your not in the industry it is very easy to lose track of what is going on. I think what happened, was they did away with mark to market accounting and outsourced debt to the fed. Presto, everything is fivers again..

10 posted on 01/18/2010 5:35:31 AM PST by EVO X
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