03-17-2008, 04:10 AM
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#17 (permalink)
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Junkie
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Quote:
Originally Posted by n0nsensical
Happens every time, doesn't it? When the profits are rolling in, it's all rah rah rah, free markets, goooo capitalism. Then the bust comes and everybody's caught with their pants down. Don't ask about those millions dollar bonuses paid out to the bankers and executives, somehow Wall Street has no money and that leaves the taxpayers to bail out the system or watch the whole economy implode. I'd say they don't really have much choice. Private profits, socialized losses. Corporate welfare. The whole story. Judging from their actions over the past 8 years, I'd say the people don't mind blowing money, but maybe there's a breaking point out there somewhere with the economy in the dumps. All I will say then is, don't say we didn't have it coming.
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Very well put....
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