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To: wardaddy; stockpirate; sickoflibs
I just wanted to be sure. If one is going to pillory someone with a quote, that quote should be accurate.

What he actually said was: "...I’ve abandoned free-market principles to save the free-market system..."

One can argue about the actual meaning of THAT, but THAT is what we should be quoting, not that he said he was going to "Destroy the free market in order to save it".

One can make the cogent argument that abandoning those principles WILL destroy the free market, but that is a different approach.

54 posted on 08/08/2011 2:57:37 AM PDT by rlmorel ("When marching down the same road, one doesn't need 'marching orders' to reach the same destination")
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To: rlmorel; sickoflibs; stockpirate; stephenjohnbanker
I supported Bush very much ...donations...marches in Nashville for him against the unwashed ten years ago...documented by Free Republic threads..with pictures even...damn I was good looking then..lol..sarc

But Bush was awful with fiscal responsibility and govt growth and is part to blame as is the GOP congress of those years...even though there were occasional smart moves like trying to reel in Fannie and Fredo

What Obama and his gang have done is so accelerate it all with drunk spending.

So...no matter how one parses what Bush said about TARP...it was still a questionable idea and he along with plenty GOP have blame.

I hate TARP...bottom line...it gave asshats at Banks a pass...guys who ran footloose with other’s cash and went broke and got bailed out by our taxes...and now they are sitting on their liquidity...which is all TARP did...it did nothing to invigorate bank lending.

I know this because I borrow their money as a living..banks that took TARP are tight as drums and scrutinize every covenant to prove to regulators how good they are being...but loan not much even as they crow great terms for public consumption.

65 posted on 08/08/2011 6:54:51 AM PDT by wardaddy
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To: rlmorel

Well there isn’t a dime’s worth of difference between what I think he said and what he really said now is there.


66 posted on 08/08/2011 7:16:04 AM PDT by stockpirate (Proud member of the TEA Party, aka Terrorists Emancipating America)
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