110 banks to fail

Discussion in 'Economy' started by JimH52, Sep 15, 2008.

  1. JimH52
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    JimH52 Gold Member

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  2. CA95380
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    CA95380 USMB Member

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    McCain and Obama both better take notice of what is happening in the closing days of the Bush Administration!

    This ain't funny, folks ..... and it's not getting any better day by day! For either of them to take the news lightly is walking on very thin ice.
     
  3. JimH52
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    JimH52 Gold Member

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    The financial institutions of the US are failing. Taxpayers cannot bail them all out. Both candidates need to take note and prepare a plan. BUT DON'T CUT TAXES AGAIN.

    Let's see, the GOP cut taxes and then the banks, who they have deregulated, begin folding. The Federal Government is forced to use taxes to bail them out. It is a vicious cycle that we are in and the answer from the GOP will always be:

    CUT TAXES!

    That is all that they have.
     
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  4. Paulie
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    Paulie Platinum Member

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    Don't cut spending either though, right?

    In fact, let's ADD more spending instead, and take more of the already precious money out of people's pockets.
     
  5. CA95380
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    CA95380 USMB Member

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  6. JimH52
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    JimH52 Gold Member

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    Gee, your logistics leave even w looking intelligent.

    We have never cut taxes during a war until now. We are just beginning to pay for that blunder. The Chinese owe a little more of us each day.
     
  7. Charles_Main
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    Charles_Main AR15 Owner

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    Revenues to the Fed increased by 19% after the Bush tax cuts.

    The problem was spending sky rocketed.

    Spending must be brought into check!!
     
  8. CA95380
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    CA95380 USMB Member

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    And you see all of this being fixed with McCain/Palin in the Whitehouse?

    Dream on, friend. :eusa_whistle:

    Charles, you and The Duck both need to quit drinking so much! :D lol
     
  9. Paulie
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    Paulie Platinum Member

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    But you think it will be fixed with Obama though, right?
     

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