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Originally Posted by zimmy
Wall street bailout cost less than half of the savings and loan bailout in the 80's under reagan.
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From what I've read we were about 18-24 hours from not being able to take money out of ATM's. Once Lehman blew up the entire system started to shut down. I certainly thought the Paulson plan was really reckless after the fact, but the more is revealed you realize how desperate they really were.
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Gm bailout saved an enormous amount of jobs and tax payer money in the long term.
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Like 2 million jobs and a lot of small to mid size businesses. The automotive supply chain is enormous.
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Obamacare is projected to save money in the long term
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While it lays some foundation it doesn't really solve the problems.
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Kids parents should decide if they can have cupcakes
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Perhaps if they made good decisions we wouldn't have so many people growing up with medical problems and adding to the cost of health care. While some of these stories are pretty silly, the only way to change the behavior of a large group is by forced modeling. It's why Apple doesn't support Flash on the iPad
-spence