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To: AdamSelene235
"The problem is that the current system exposes people to unneccesary risk. Why should you or I be on the hook for the speculative activity of JPM or the GSE's ? We don't share the profits, why should we share the risk?"

We share no more of the collective "risks" for JP Morgan Bank than we enjoy in collateral benefits from having the most dynamic, affluent economy to ever grace this planet in its entire history of Man.

123 posted on 12/17/2002 4:44:06 PM PST by Southack
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To: Southack
We share no more of the collective "risks" for JP Morgan Bank than we enjoy in collateral benefits from having the most dynamic, affluent economy to ever grace this planet in its entire history of Man.

Ask the farmers who lost everything in the 80's about the shared benefits. The collective good is a myth. I challenge you to name one. Vaccines ? Not to the .001% who drop dead. Public education? A complete waste of resources on the stupid or unmotivated. Highways? The Amish don't see it that way.

136 posted on 12/17/2002 6:08:48 PM PST by AdamSelene235
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