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View Full Version : This bailout is taking from the very pool of capital they claim to be trying to free




klamath
10-02-2008, 07:47 AM
This was Tom mcClintocks argument against the bailout and it makes a lot of sence. Since the government is borrowing money to pay for this, the government bonds are in direct competition with the banks trying to make loans to viable business ventures. Typical government logic.