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Posted by kentuck in General Discussion: Presidential
Mon Jul 14th 2008, 12:20 PM
Banks are going under to the tune of a possible $5 trillion dollars and there is almost complete silence from our Congress and Senate. In the end, it may ONLY cost the taxpayers a trillion dollars. That isn't much money if you say it real fast.

But, we have no choice. They are "too big to fail". What the hell does that mean? "Too big to fail?" That is the first fallacious argument that we need to dispense with. No one is too big to fail.

But, we will go into a severe economic decline if we don't bail them out? Oh, really! What kind of decline will the citizens of this country go into with another $trillion dollars out of their pockets? That will have no impact on Americans or the economy?

But the brain-dead Congress says nothing. They are on vacation or it is nappy time for them? How can there be a trillion dollars requested and not even as much as a murmur from those that are representing us? No questions? The barn door is open and the horses are gone and there is nobody home...
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