Quote from Covertibility:
Leh thread
Scroll down to stock777 regarding Lehman back in April:
"I bet 90% of you faceless fearmongers are bankrupted long before LEH folds its tent."
"In the meantime, lets knock off the cheerleading for firms to fail.
You the Taliban? Or French?"
stock, your too trustworthy of the so called free market. The only thing worse than the free market is the government interfering in the market.
Quote from stock777:
I've said many times the 'free market' mantra is a scam
...
And if the government doesn't control pure greed, then who the f$%k will? Your Grandma?
Quote from achilles28:
Its a Bailout.
Not a rescue.
Sort of like renaming the 911 Police State Act as the "Patriot Act".
Only morons fall for that type of base propaganda.
"Save America Act"
No one can vote against "saving America", can they?!?
lol
Banks need to fail. Recessions follow booms. Law of economics. Cannot be changed. All this bailout does is prolong the eventual hurt.
Congrats