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To: AndyJackson

Perhaps so, but monkeying with the banking system seems much more egregious. How many taxpayer bailouts happened when the tech bubble burst?


39 posted on 09/15/2008 8:02:49 PM PDT by Trailerpark Badass (Happiness is a choice!)
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To: Trailerpark Badass
How many taxpayer bailouts happened when the tech bubble burst?

Ah you see, if you were not paying attention, that Greenspan dropped interest rates and started pumping the real estate bubble in order to offset the deflationary effects of the dot com bubble. So, it is all connected together under the whole package of loose monetary policy.

40 posted on 09/15/2008 8:57:56 PM PDT by AndyJackson
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