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Radical bailout plan has a jawdropping price tag
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[QUOTE]Originally posted by Machiavelli: [QB] [QUOTE]Originally posted by glassman: [qb] it's a series of stupid decisions that are not and were not inevitable... i actually pointed this stuff out as it was happening. i beleive we are at war and we are losing this one. [/qb][/QUOTE]Yes, it was inevitable and I don't mean the "freetrade BS". The collapse of our economy due to oil and mortgages was inevitable for many decisions other and not because of "freetrade". The oil crisis i solely blame on our involvement in Iraq. To me all roads lead to the Iraq War. Everything else is reactive to it. And our mortgage crisis that led to our financial crisis is inhouse/domestic. People took on mortgages they couldn't afford but I don't blame them. If someone gave you a Maserati and said don't worry about paying for it till later. Go enjoy and drive the car, show off etc. I think most of us would take that car. We already do this with credit cards since they were invented. We buy stuff we can't afford and that is above our means but yet we still do it and yet the Credit Card companies much like the Mortgage co's and banks still lend us the money due to one thing: Greed. Anyways both these crisis are why we are in financial trouble and neither one imo has to do with the "freetrade BS". [/QB][/QUOTE]
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