Quote:
Originally Posted by Pete F.
We shouldn’t bail out homeowners but the bankers that led them off into the bushes should get bailed out and not end up losing or in jail.
Don’t worry we’ll repeal Dodd Franks because it restricts banking.
History repeats I’ve seen a few real estate bubbles pop in my lifetime, it will be the stock market this time and we’ll be bailing out the ones that are too big to fail
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The tea party didn't advocate bailing out banks, either. Is a speck of honesty too much to ask?
I didn't say we should or should not bail out homeowners. I was pointing out, correctly, what triggered the birth of the tea party.
"it will be the stock market this time and we’ll be bailing out the ones that are too big to fail"
Many feel we are due for a stock market correction and a recession. The tax overhaul, and especially the reduction in corporate income taxes, may delay that a bit. But it's coming.