Thread: Gov Bailouts
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Old 09-17-2008 | 12:25 PM
  #4  
jsled
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Joined: Apr 2006
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From: 737 CA
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The talk always sounds good. Laissez faire, less regulation, hands off business. Then all of a sudden, the largest mortgage broker is gone, the gov is bailing out Fannie Mae and Freddie Mac to the tune of 100B each if need be. And now 85B for AIG. I wonder if a little more regulation could have prevented this? Eight years of failed policy culminating in one big bill for the taxpayer. Fiscally responsible my arse.