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    Please Define "Too Big to Fail" and "Systemic Risk"

    Excellent post. - - - Looks like the econ forum might actually have something to offer - - - unlike the political one. Regards, - -
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    independent state

    Ten years before it happened - - it seemed almost impossible that the only other super power, the USSR would break apart. From what I've read, the leadership in China is also concerned about this possibility if economic conditions turned bad enough. - - - As for the Civil War - it is usually...
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    i have just maxed out my credit card

    Well the whole subject is much more complex than that. Those avenues available to consumers before were considerably tightened up including the issues related to Chapter 7 and Chapter 13 bankruptcy & the requirements placed on individuals for discharging debt (all for the benefit of the banks of...
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    11 Uncovered Videos Show School Children Performing Praises to Obama

    Thanks - - I thought so, but want to give people give people the benefit of doubt. - - Just a bigot. - - -
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    The Revolt Against Obama And The Democrats Has Begun!!!

    I agree with the above. The story is the independents (like me). Many of them are very suspicious of the politicians in both parties. O. has proven himself a hardcore socialist/statist IMO. The Republicans need to toss their own statists b.s. artists or they will face the same voter anger. While...
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    11 Uncovered Videos Show School Children Performing Praises to Obama

    That "MMMMMmmmm, mmmmmm, mmmmm" Cambells soup O. song is pretty catchy. Litttle kids are dumber than a box of rocks . . . afterall theyre little kids. Whaddaya want from them ? http://taylorsiluwe.typepad.com/.a/6a00d8341c8e0153ef01156fc434e9970b-400wi
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    I am not surprised with the housing data, it will get worse.

    I think you make some very good points. Of course the specific circumstances youre in makes a big difference. (A modest house bought years ago at a reasonable price, versus an inflated MacMansion purchased in what was 'known' as a 'hot' market a couple years ago.) - - But the idea that a house...
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    Please Define "Too Big to Fail" and "Systemic Risk"

    This sounds like a sincere desire to understand the 'logic' spouted by those that support current monetary & fiscal policies. Frankly I think the Keynesians are totally wrong. The reasons for this opinion aren't readily summarized in a paragraph - - and not worth the effort to attempt to write...
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    i have just maxed out my credit card

    Thats terrible. Just because they loaned you funny money made out of thin air & fooled the taxpayers into paying for all their gambling frauds ( of what are actually bankrupt operations) - - - you should pay those too big/and well connected to fail. You should get two or three or more extra...
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    The best we can hope for is Gridlock in congress.

    BTW - - The bankster/politician rip off of the American people Ain't a Dem vs Rep thing. Both parties have been doing it despite all their pretty words about 'helping the people' or 'conservative values'. All the giddy Republicans better watch out if they support the same kind of programs the...
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    The best we can hope for is Gridlock in congress.

    Do a little bit of study - - - it aint really 'free market capitalism' except that the 'too big to fail' banksters are free to maximize their profits while passing on their losses to all the taxpayers. - - The reason they are able to do this is their partnership with politicians for ripping off...
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    The Revolt Against Obama And The Democrats Has Begun!!!

    LOL :D yeah we know youre not one of those Dem true believer morons - - - now how many of those almost 6,000 posts of yours are critical of the Dems ? (And how to you find the time to do all that typing anyway ? Do they pay you ?)
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    The Revolt Against Obama And The Democrats Has Begun!!!

    I wonder what all the 'true believers' will do when O. starts backpedaling on everything he promised them ? If the Obamunists keep pushing their socialist agenda . . . they are going down big time next year. - - Of course, OPTIONAL will likely be just as blindly loyal to 'his guy' if O tosses...
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    The best we can hope for is Gridlock in congress.

    Tonight is the first act of kicking the b*&^%rds out of our lives & turning things around. Very good to see a conservative win in NJ. Beware Republicans if you push the same kind of statist crap the Obamunists push . . . or you'll be out on your butts too. As Christie is saying in his...
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    An Anomaly in Democrat's Thinking

    Damned, how can I short intrade ? Sounds like $ in the bank. :D
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    The best we can hope for is Gridlock in congress.

    Yeah I'm whining - - - - Democrat Corzine LOSES in hardcore Dem N.J. VA & NJ voters (including my fellow independents) go against Obamunism ! :D :D :D :D Blue dog Dems better watch their step - - - if they go along with the Obamunist program they will LOSE their cushy jobs.
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    How long will it take the dems to cry voter fraud if corzine loses?

    They tried the blame Bush tactic in NJ and VA and it crashed like a lead duck.
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    The best we can hope for is Gridlock in congress.

    Well a lot of independents tonight in VA & NJ are sending the message that they didn't vote for the kind of socialist 'change' that O has been trying to sneak through and jam down their throats. - - - It is amazing that the race in hard core Dem NJ is this close at this time.
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    The best we can hope for is Gridlock in congress.

    I didnt vote them in, dumb fucks like you did - - -
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