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Didn't they say that the real problem wasn't sub prime lending afterall!? The real problem was all of the 'side bets'- issuing insurance that you have no ability or intention of backing up!
But, no one would take a stand (not enough, anyway). The Congress caved. People heavy in the markets wanted them juiced just to prop up their portfolios. Well, guess what? The Dow may just crash anyway and the thieves are being bailed out by the public trough. That's another Iraq War worth of debt that isn't available for more worthy causes.
I wouldn't count on any justice. Not when a guy like Newt Gingrich could call for Paulson's firing one day and putting him in charge of distributing $700 billion to his friends another day.
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"...Marvel not that I said unto you, 'you must be born again'...."- Jesus Christ
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