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MH1 (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 09:08 AM Original message |
A voice of sanity about this "bailout" mess - Robert Reich |
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opihimoimoi (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 09:11 AM Response to Original message |
1. Get that man a podium...get him on board, get him a position... |
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Wickerman (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 09:12 AM Response to Original message |
2. Perhaps it would've been cheaper to have paid up everyone's |
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MH1 (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 09:14 AM Response to Reply #2 |
3. But then you "reward" poor bums for their mistakes |
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snappyturtle (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 09:16 AM Response to Reply #2 |
4. Exactly. And, why can't they, the powers that be, still do that? n/t |
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PSPS (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 09:41 AM Response to Reply #2 |
7. Impossible |
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Wickerman (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 09:50 AM Response to Reply #7 |
9. It's a double-edged sword, isn't it? |
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PSPS (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:31 AM Response to Reply #9 |
13. Sorry, that's simply not true |
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Wickerman (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 02:27 PM Response to Reply #13 |
29. that's a little one-sided and simplistic, I think |
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jazzjunkysue (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 04:25 PM Response to Reply #29 |
31. a year ago, countrywid e didn't ask me to verify my employment or salary |
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Wickerman (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 05:09 PM Response to Reply #31 |
32. But, my point is, you are supporting them. We are all supporting Countrywide's |
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jazzjunkysue (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 09:00 PM Response to Reply #32 |
37. I re-financed with Wachovia at a great rate, and for 10 less years. |
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Wickerman (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 09:27 PM Response to Reply #37 |
38. I don't know the percentage of subprime action Wachovia covered |
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jazzjunkysue (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 09:54 PM Response to Reply #38 |
39. I read they bought another bank that had sub prime loans. |
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magellan (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 08:08 PM Response to Reply #13 |
36. And the lender didn't have a clue about the risk? |
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Miss Chybil (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:26 PM Response to Reply #36 |
41. Yes, they did. That's why they charge a higher rate for no income qualifying |
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magellan (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:56 PM Response to Reply #41 |
42. Precisely my point |
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nashville_brook (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 12:17 PM Response to Reply #7 |
22. actually, there'd be a very simple solution to that: require proof of ability to pay AND homestead |
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AdHocSolver (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 08:05 PM Response to Reply #7 |
35. The people making the loan have the responsibilty of determining whether the loan can be repaid. |
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lonestarnot (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:35 AM Response to Reply #2 |
14. No one crunched those numbers. |
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Miss Chybil (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:20 PM Response to Reply #2 |
40. You're thinking of a different country. |
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azul (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 09:24 AM Response to Original message |
5. Can't blame you, but tired and dreading sound a little negative. |
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coalition_unwilling (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 09:43 AM Response to Reply #5 |
8. Please stop insulting pirates -- these |
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InkAddict (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 09:37 AM Response to Original message |
6. Bring manufacturing and IT jobs back to America! |
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elehhhhna (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 09:53 AM Response to Reply #6 |
10. Hey! Let's just ethnic cleanse all the poor & stupid! Cheap and efficient! |
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Tansy_Gold (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:00 AM Response to Reply #6 |
11. Oh, yeah, let's just kill the fat people, the smokers, the blind. . . . |
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InkAddict (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 12:41 PM Response to Reply #11 |
23. To address some of your concerns: |
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Yuugal (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 03:01 PM Response to Reply #23 |
30. I think I've paid enough already |
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InkAddict (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 07:39 PM Response to Reply #30 |
34. Huh? |
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Yuugal (1000+ posts) Send PM | Profile | Ignore | Sun Sep-21-08 09:15 AM Response to Reply #34 |
45. Did I even suggest that you "pay up in additional suffering units." |
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lonestarnot (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:36 AM Response to Reply #6 |
15. And kill all pets too! |
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stillcool (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:37 AM Response to Reply #6 |
16. Real life lessons and personal responsibility... |
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tomp (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:59 AM Response to Reply #6 |
17. when you say "rein in health care costs".... |
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InkAddict (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 01:55 PM Response to Reply #17 |
28. Absolutely not... |
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tomp (1000+ posts) Send PM | Profile | Ignore | Sun Sep-21-08 08:46 AM Response to Reply #28 |
43. sounds like some tough times |
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rucognizant (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:21 AM Response to Reply #6 |
19. Oh I don't know |
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InkAddict (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 01:02 PM Response to Reply #19 |
24. I'm well acquainted with that argument... |
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Wilber_Stool (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:22 AM Response to Original message |
12. Freeze the |
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stubtoe (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:09 AM Response to Reply #12 |
18. What you said, Wilber. K&R for Robert Reich |
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Hawkowl (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 12:13 PM Response to Original message |
20. Phone your Senator and Congressman |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 12:16 PM Response to Original message |
21. Alas! A Democrat with some common sense... |
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coffeenap (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 01:06 PM Response to Original message |
25. Just an aside: a friend of mine went to grad school with him and |
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TxBlue (472 posts) Send PM | Profile | Ignore | Sat Sep-20-08 01:07 PM Response to Original message |
26. Voice of Reason - so relieved to see Reich again on tv |
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susu369 (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 01:33 PM Response to Original message |
27. I'd like to see the executives |
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susu369 (1000+ posts) Send PM | Profile | Ignore | Sun Sep-21-08 01:20 PM Response to Reply #27 |
47. Hey, someone thinks as I do |
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mrJJ (657 posts) Send PM | Profile | Ignore | Sat Sep-20-08 07:06 PM Response to Original message |
33. We Are Getting Hosed |
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chimpymustgo (1000+ posts) Send PM | Profile | Ignore | Sun Sep-21-08 09:06 AM Response to Original message |
44. "But there's no reason taxpayers need to be involved in this." That's the key to the kingdom. |
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baldguy (1000+ posts) Send PM | Profile | Ignore | Sun Sep-21-08 09:22 AM Response to Original message |
46. And who thinks the BUSH REGIME is going to tie any strings to this bailout? |
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