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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) |
FreakinDJ (1000+ posts) Send PM | Profile | Ignore | Fri Mar-28-08 08:55 AM Original message |
Didn’t we Bail Out financial institutions in the 80s |
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jpak (1000+ posts) Send PM | Profile | Ignore | Fri Mar-28-08 09:01 AM Response to Original message |
1. Yes, taxpayers dished out $3.4 billion to fix McCain's favorite S&L |
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Frustratedlady (1000+ posts) Send PM | Profile | Ignore | Fri Mar-28-08 09:10 AM Response to Reply #1 |
4. Wasn't that one to bail out one of the Bush boys? |
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xchrom (1000+ posts) Send PM | Profile | Ignore | Fri Mar-28-08 09:14 AM Response to Reply #1 |
6. reagan promoted the notion of socializing losses and privatizing gains. |
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gasperc (1000+ posts) Send PM | Profile | Ignore | Fri Mar-28-08 09:02 AM Response to Original message |
2. Yes, this is one part of the 80's no one wanted to rewind |
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HereSince1628 (1000+ posts) Send PM | Profile | Ignore | Fri Mar-28-08 09:06 AM Response to Original message |
3. It took a while for the nation to forget the 1920's. |
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CBGLuthier (1000+ posts) Send PM | Profile | Ignore | Fri Mar-28-08 09:10 AM Response to Original message |
5. Except for the first one |
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flvegan (1000+ posts) Send PM | Profile | Ignore | Fri Mar-28-08 09:44 AM Response to Original message |
7. Do you mean the RTC (Resolution Trust Corporation)? |
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FreakinDJ (1000+ posts) Send PM | Profile | Ignore | Fri Mar-28-08 09:46 AM Response to Reply #7 |
8. It was FDIC in the 80s |
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Mandate My Ass (1000+ posts) Send PM | Profile | Ignore | Fri Mar-28-08 09:53 AM Response to Original message |
9. The term "bail out" suggests they legitimately and honestly failed |
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FreakinDJ (1000+ posts) Send PM | Profile | Ignore | Fri Mar-28-08 10:53 AM Response to Reply #9 |
10. And here we are again with the ARM crisis |
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