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Is it 1929 All Over Again? Trump Thinks So

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    Posted: Nov 06 2008 at 2:31pm
Trump said on Fox news today, “No matter how strong you are, you can't borrow 10 cents,” Trump says. “And, I will tell you, this could lead to something very, very bad for the country and for the world.”

“It's a very serious problem, the likes of which we have not seen since 1929.”

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Pacman View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Pacman Quote  Post ReplyReply Direct Link To This Post Posted: Nov 06 2008 at 4:13pm
And we are giving these Banks Billions for that very purpose, to loosen the lending and once again we the little guy get screwed.  Fifth Third is or has gotten $3-4 BILLION.
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Ernie View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Ernie Quote  Post ReplyReply Direct Link To This Post Posted: Nov 07 2008 at 7:46am
It was many people being, lets say "pushed" into making deals with people who had little or no money. They let them have, "CREDIT CARDS" and "LOANS" big loans. Because of this the working class who has been back bone to this country gets the smack in the face. I wonder why these people are not being held accountable for there blunders. So it has been reported that this problem just din't pop up yesterday but yet it was allowed to linger on untill someone stood up and said I thing we might have that need addressed. 
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arwendt View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote arwendt Quote  Post ReplyReply Direct Link To This Post Posted: Nov 07 2008 at 8:50am

I think that every company that received a bailout needs to have someone held accountable. If they did not break any laws then we need to make a new law so the next time this happens someone has to pay. The fact that these companies got billions of our dollars in a bailout then treated themselves to a nice retreat shows how messed up this government is.

“Sell not virtue to purchase wealth, nor Liberty to purchase power.” Benjamin Franklin - More at my Words of Freedom website.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote HereIam Quote  Post ReplyReply Direct Link To This Post Posted: Nov 10 2008 at 9:55am

Now the big catch phrase is "Why Not Me?"  More and more are complaining that they did it right.  They bought a house within thier means, paid or are paying a fixed interest mortgage, and feel that they are getting the short end of the stick because they feel they are paying to bail out someone who was financially irresponsible.  This is the worst thing that could have possible happened.  Now people who couldn't afford a $200,000 home will be buying $500,000 homes.  When will it stop?

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