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To: koraz

Why should the government be a buyer? Maybe the loans are only worth 10 cents on the dollar. If the government is willing to pay 30 then it is giving away money, i.e. a bailout. Governments pay no attention to price.


63 posted on 09/21/2008 9:47:01 AM PDT by oblomov
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To: oblomov

Why should the government be a buyer?

*************

To prevent another Great Depression.


90 posted on 09/21/2008 11:15:09 AM PDT by koraz
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