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Re: AugustaFriends post# 1423001

Monday, 02/23/2009 9:52:06 PM

Monday, February 23, 2009 9:52:06 PM

Post# of 4974718
If the Govt. would just let the companies in trouble like AIG GM C BAC go BK if they need to, and END all of this uncertainty and then allow the strong companies to take over the weak and start over, the stock market would love it. Right now what we have is the govt trying to throw water ballons on an inferno. Let it burn. Let the strong survive, and this market would rally like no other very quickly. The market HATES HATES HATES uncertainty, and thats all we have with the govt coming out with a new plan seemingly every day.

But, imo the govt is purposely doing this so that the Fed and treasury can keep buying up the banks and other stalwarts of American business on the cheap, just like they did in the Great Depression.

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