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Re: SilverSurfer post# 174894

Sunday, 05/06/2012 10:54:26 PM

Sunday, May 06, 2012 10:54:26 PM

Post# of 583559
our government should stop bailing the financial institutions

Nope. It was absolutely necessary to do those bail outs and provide the banks with money. The WRONG thing about it was ... to NOT make regulations and get them signed before they received the money. A much BIGGER crises would have followed .. one that is so frightening ...most political posters cannot even imagine ... they don't think about the fact ... that, banks can't write their paychecks and that their banks ... are now behind lines of people trying to get in to find that the money is not there ... atms? ... .. not working ...paying your bills ? .. HA! no can do ... next week? .. NO PAYCHECK

I don't even like thinking about it ... Government must step in when the private sector is going to CRASH the entire national economy AND the global one too .. they did the right thing .. the wrong way ..

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