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I was just looking at the trailer for Michael Moore's "Capitalism" (again) and I have a question:

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hedgehog Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-31-09 08:53 AM
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I was just looking at the trailer for Michael Moore's "Capitalism" (again) and I have a question:
Much as it grinds all of us to have loaned the fat cats money, aren't we better off when they owe the Federal Government? It seems to me that every outfit that took money is trying to pay off the loan ASAP because as long as they owe us, we get to look over their shoulder to see what they're up to.
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harun Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-31-09 08:57 AM
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1. While that may be true I think the bigger point is why do we have a finance
system that can't make it ten years without having to be bailed out? If it requires that much government intervention just to keep from destroying us all then maybe we should look at what is wrong with the system instead of fixing what is perceived to be a few broken parts.
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pokercat999 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-31-09 09:31 AM
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2. If you owe someone a small amout of money, they "own" you, if
you owe someone an extraordinary amount of money, YOU OWN THEM! Govt of the people.....meet your new masters!
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Winterblues Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-31-09 10:05 AM
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3. The "too big to fail" banks are now bigger than ever
Edited on Mon Aug-31-09 10:08 AM by Winterblues
Thanks to the hundreds of billions the Government bailed them out with. They have no fear now of ever doing any fiscal malfeasance because they know they are "too big to fail"..
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Romulox Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-31-09 10:11 AM
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4. LOL. That's an imaginative argument! The trillions in taxpayer dollars proves how powerless
these banks are? :wtf:
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