http://biz.yahoo.com/ap/081023/finan...down.html?.v=9
Interesting. Cause I thought this was all the po' folks fault.The longtime Fed chief acknowledged under questioning that he had made a "mistake" in believing that banks in operating in their self-interest would be sufficient to protect their shareholders and the equity in their institutions. Greenspan called it "a flaw in the model that I perceived is the critical functioning structure that defines how the world works."
it is, because po' folks wasn't using the banks as much as they should have. Don't you know anything you dirty heathen lib.
"The mark of a great player is in his ability to come back. The great champions have all come back from defeat." - Sam Snead
Is the bail out not welfare for the rich as much as TANF is welfare for the poor? I don't know who to attack on this, so one of you folks tell me the side to take.
Take SicEm's side...I'm thinking of joining itOriginally Posted by soonerhubler
Is the bail out not welfare for the rich as much as TANF is welfare for the poor? I don't know who to attack on this, so one of you folks tell me the side to take.
If I am right, then religious fundamentalists will not go to Heaven, because there is no Heaven. If THEY are right, then they will not go to Heaven, because they are hypocrites.
-Isaac Asimov
For perspective, it would take about 42 years for an equivalent amount of TANF funds to match the bailout. It's hard to say whether or not TANF is a success in that the definition of success for the program varies from person to person, I do think it was a step up from AFDC.Is the bail out not welfare for the rich as much as TANF is welfare for the poor? I don't know who to attack on this, so one of you folks tell me the side to take.
Boomer Sooner
You didn't give me anyone to blame. Can't you see there has to be someone to Demonize? Now step to it.
Mormons.You didn't give me anyone to blame. Can't you see there has to be someone to Demonize? Now step to it.
Boomer Sooner
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