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Type: Posts; User: abachler

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    Defending it with false assumptions just...

    Defending it with false assumptions just contributes to the problem. As stated, one of the problems these investments present is that they specifically enable investments that do not increase...
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    Given that what we are getting is the toxic...

    Given that what we are getting is the toxic waste, and the Tier A part of the dirivitives will apparently continue to be held by other institutions, this is really just a way to milk the taxpayer. ...
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    That is an extremely simplistic view of modern...

    That is an extremely simplistic view of modern economics. What happened is that dirivitives were introduced into the mortgage backed securities markets. Some large institutions like Freddy and Fanny...
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    When it means the poor suffer from unemployment...

    When it means the poor suffer from unemployment and high cost of living yes, btu when it means the rich become poor, they change their tune, suddenly its a huge national emergency. Can't really...
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    700 billion, thats about $2000 per citizen,...

    700 billion, thats about $2000 per citizen, sounds like they are going to play favorites on which banks get bailed out, and which ones go through 'natural economic attrition'.

    Maybe they should...
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