I saw that was proposed. Did it make the final document? On Thu, Sep 25, 2008 at 12:28 PM, G Money <[EMAIL PROTECTED]> wrote: > Right, and one of the conditions that the dems have gotten written into this > deal, if what I'm reading is correct, is that WE, the taxpayers, would get > to somehow reap that profit, should it come. > > No idea how that works, but that's what I've read. > > On Thu, Sep 25, 2008 at 1:19 PM, Dana <[EMAIL PROTECTED]> wrote: > >> no, because he will be engaged in a buy and hold strategy. The whole >> point is that a quarter-million-dollar house if currently not worth a >> quarter-million, merely because of the current climate. So if you buy >> and seel when the market has recovered, you make a profit. >> Theoretically. So even if the money is gone there will still be >> assets. >> >> On Thu, Sep 25, 2008 at 12:15 PM, G Money <[EMAIL PROTECTED]> wrote: >> > Isn't that specifically what the proposal in question is talking >> about....? >> > How to spend the $700 billion? It says that whatever the treasury >> secretary >> > wants to buy, he gets to decide...without a court or committee or >> anything >> > else getting any say-so. >> > >> > I mean, that's not a good thing, in my opinion, but that's hardly >> > dictatorial powers. When the money's used up, this power's gone. >> > >> > On Thu, Sep 25, 2008 at 12:41 PM, Dana <[EMAIL PROTECTED]> wrote: >> > >> >> are you sure of that? I am not. >> >> >> >> On Thu, Sep 25, 2008 at 6:20 AM, G Money <[EMAIL PROTECTED]> wrote: >> >> > "his decisions" >> >> > >> >> > No, only his decisions on what assets to buy etc. with the bailout >> money. >> >> I >> >> > don't agree with it, but it's MUCH more benign than "The Treasury >> >> Secretary >> >> > becomes a dictator!" >> >> >> >> >> > >> > >> >> > >
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