#80833On Tuesday, July 22, 2008Guest (not verified) said,
I'm curious how do you feel about the government bailout (tax payer subsidized) of investment house (not a bank) of Bear Sterns? The bailouts will only occur if it can be engineered to benefit the wealthy stock owners (who made big contributions to the present administration) of the real estate backed securities that are now being revealed as worthless as the day they were sold (they are tax dodges to start with) This situation is like peeling an onion and counts on reactions like yours to form public opion- of people who really haven't clue but will scream the loudest- oddly enough not the stock owners (because they'll take a write off along with the banks)
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I'm curious how do you feel
I'm curious how do you feel about the government bailout (tax payer subsidized) of investment house (not a bank) of Bear Sterns? The bailouts will only occur if it can be engineered to benefit the wealthy stock owners (who made big contributions to the present administration) of the real estate backed securities that are now being revealed as worthless as the day they were sold (they are tax dodges to start with) This situation is like peeling an onion and counts on reactions like yours to form public opion- of people who really haven't clue but will scream the loudest- oddly enough not the stock owners (because they'll take a write off along with the banks)
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