http://www.npr.org/templates/s...=102325715&ft=1&f=1032
No one really knows the total value of all derivatives, but this guy's guess should be given some credence since he worked for Morgan Stanley and now teaches law. Yeah, yeah, I know, he climbed from the gutter into the sewer.
Anyway, he makes a strong case for NOT bailing out these guys. So, why is Obama doing it? What's the evidence for bailing them out? Where are the numbers supporting the bailout? All I've heard is the sky is falling and premonitions of doom if the rich thieves aren't bailed out. But, are they being bailed out because they've bought and paid for Congress and our President?
I voted for Obama, but I think he's going in the wrong direction. Someone please pull up on the reins of that outta' control horse!
-Robert
No one really knows the total value of all derivatives, but this guy's guess should be given some credence since he worked for Morgan Stanley and now teaches law. Yeah, yeah, I know, he climbed from the gutter into the sewer.
Anyway, he makes a strong case for NOT bailing out these guys. So, why is Obama doing it? What's the evidence for bailing them out? Where are the numbers supporting the bailout? All I've heard is the sky is falling and premonitions of doom if the rich thieves aren't bailed out. But, are they being bailed out because they've bought and paid for Congress and our President?
I voted for Obama, but I think he's going in the wrong direction. Someone please pull up on the reins of that outta' control horse!
-Robert