Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: yoe

Selling bad loans bundled with good ones to the Chinese failed America.

If memory serves, right up until that bubble burst we were doing pretty good. What, 5% unemployment isn’t good enough for you?

Quit selling bad paper. The Titanic hit the iceberg because they couldn’t see it. To back up and hit it again and again in broad daylight, well, that takes a special kind of stupid. Or a very special kind of crooked.


19 posted on 06/09/2010 4:14:57 PM PDT by marron
[ Post Reply | Private Reply | To 1 | View Replies ]


To: marron
It's called Crony capitalism, gives you bailouts and too big to fail, why some congressman's wife may even be cashing in on the bailouts. Slavery and slave trade was pure capitalism!!!
27 posted on 06/09/2010 4:24:51 PM PDT by org.whodat
[ Post Reply | Private Reply | To 19 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson