swag
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Thu Mar-27-08 10:21 AM
Original message |
| Reich: if taxpayers take the risk on Bear Stearns, they deserve some profits |
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Edited on Thu Mar-27-08 10:26 AM by swag
when JPM generates some on the Bear take-over in the future. Bloggingheads clip: http://bloggingheads.tv/diavlogs/9698?in=00:00:00&out=00:33:55 |
| leftofthedial
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Thu Mar-27-08 10:24 AM
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| 1. clearly, you do not understand the meaning of "free market" |
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"free" means that taxpayers provide all the risk for private ventures and do so for "free."
it also means that rich, connected repukes are "free" to screw anyone they wish.
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| midnight
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Thu Mar-27-08 11:04 AM
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| 3. That is so old ecomomy! |
| midnight
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Thu Mar-27-08 11:03 AM
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| 2. Very smart man -Robert Reich. He is smart because he |
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wants to assure that the bank bail out that is being touted in Obama's lattest speach is tailored to benefit the taxpayer. He wants the burden to be balanced with some payoff via liquidity of earnings to be put back into the Federal Reserve.
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DU
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Thu Apr 25th 2024, 10:55 AM
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