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How was voting for the "bailout" an atrocity? Hven't the banks paid

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peggygirl Donating Member (111 posts) Send PM | Profile | Ignore Tue Mar-02-10 09:58 AM
Original message
How was voting for the "bailout" an atrocity? Hven't the banks paid
a lot of the money back already? What am I missing?
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-02-10 09:59 AM
Response to Original message
1. Bushilter did that. Maybe that's what you're missing.
:eyes:
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Winterblues Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-02-10 11:16 AM
Response to Reply #1
5. I seem to recall Obama and a great majority of Democrats strongly for it
It was Republicans that were very opposed to it, and still are. Without it, according to the great majority of experts we would have had a devastating collapse of our economy. One thing is without question, the economy has done a one eighty since it was implemented.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-03-10 09:25 AM
Response to Reply #5
6. They were against the after the bank skim, that's all.
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Johonny Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-02-10 10:01 AM
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2. all the reforms that they were suppose to pass after that
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-02-10 10:37 AM
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3. the banks were bailed out when they were the ones that caused it, yet...
all the new "regulations" that were supposed to be enacted to prevent their bullshit again, went by the waste side.

All the while, the American public twisted in the wind because they were to big and were allowed to fail.

to our government: banks = good, people = bad.
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cbdo2007 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-02-10 10:40 AM
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4. It's more about principle....If the companies are causing massive economic failures and
are operating in such a way that they have negative $50 Billion. They should just go out of business like every other business/person in the country. No special favors that really didn't seem to teach them any lessons about their banking behavior in the future.
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