When the government becomes involved it's a bail out of an industry man, come on, christ you're a republican man. What would Regan do?
Robert Munn wrote: > This is not a bailout. It is what is known in finance circles as vulture > capitalism. You buy up distressed assets at a steep discount, wait until the > market for those assets improves, and sell them at a handsome profit. Don't > take my word for it, ask Warren Buffett. The guy is the best investor of the > last fifty years, and he sees a big fat profit for the Treasury in this > deal. Normally this is a market function that private companies would > provide, but the scope of the problem is so huge that private industry can't > deal with it. > > Does it suck to get the government involved? Yes, it sucks a lot. But the > alternative is going to be really, really ugly. > > > On Thu, Sep 25, 2008 at 4:12 PM, Loathe wrote: > >> 700 billion to bail out private industry? >> >> How could anyone that thinks of themselves as fiscally conservative, >> libertarian, or my god even AMERICAN consider this is beyond my ken. >> > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:270927 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
