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fishbones · 06-29-2010, 12:03 PM

Sure, on the surface this may look like a bad thing financially. But, anyone who knows anything about finance knows that $1 trillion in losses can actually be good for the economy. Having tax payers foot the bill for bad loans is a stategy to help the economy rebound, although the neocons would have you believe otherwise.

*This is not my opinion. I'm just filling in for Spince while he's away on business.

06-29-2010, 12:03 PM	#2
fishbones Registered User iTrader: (2) Join Date: May 2003 Location: Easton, MA Posts: 5,736	Sure, on the surface this may look like a bad thing financially. But, anyone who knows anything about finance knows that $1 trillion in losses can actually be good for the economy. Having tax payers foot the bill for bad loans is a stategy to help the economy rebound, although the neocons would have you believe otherwise. *This is not my opinion. I'm just filling in for Spince while he's away on business.
	Conservatism is not about leaving people behind. Conservatism is about empowering people to catch up, to give them tools at their disposal that make it possible for them to access all the hope, all the promise, all the opportunity that America offers. - Marco Rubio