Not Ranked
cobrabill - I don't agree with the bailout being socialism. If you were just a little bit smarter and not a huge buggerin' wanker you would realize that the action taken is the result of socialism, specifically allowing/encouraging/requiring large financial institutions to lend mortgage funds to people that didn't qualify; using FANNIE and FREDDIE to process those loans into all kinds of bad paper. That was the perfect storm - it started in the 1990's and finally blow up in 2008.
I'm in the banking world - I saw what was happening from the front lines - that's why I'm personally been all cash for 2 1/2 years, not in the market, renting, etc.
Once socialism is put in place in a capitalism market, it will destroy that market down the road. Now, BO promises more of the same, he will destroy America as we know it with a little help from huge buggerin' wankers just like you.
Also, get back to work on the government job you have - you should not be posting here during government hours.
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