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Too much debt could fuel double-dip recession
Message
From
19/11/2009 10:10:11
 
 
To
19/11/2009 09:57:52
Dragan Nedeljkovich (Online)
Now officially retired
Zrenjanin, Serbia
General information
Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01435462
Message ID:
01435588
Views:
32
>>>Isn't that exactly what the Republicans have been saying:
>>>http://www.reuters.com/article/marketsNews/idUSN188108620091118
>>
>>Yep. The recovery must be managed carefully, by the right people.
>
>You mean the people on the right? But then, didn't they invent deregulation (and laughed all the way to the bank) and allowed the banks et al to do all this? The guys who invented corporation as person, federal reserves and funny money?
>
>I guess the best way to manage chickens is, and has always been, to put the best foxes in charge.

Politics needs to be removed from economic recovery. Look at the history of deregulation and then look at the history of pushing financial institutions to give home loans to people not in a position to repay those loans. It has happened on both sides of the political spectrum. There is plenty of blame to go around. That is the problem yesterday and today. Both sides continue to blame the policies of the other side. It's time to bring in the economic experts from both sides of the political spectrum before implementing future economic policies.
.·*´¨)
.·`TCH
(..·*

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"De omnibus dubitandum"
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