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This is not a 'bailout'. This is what the FDIC was designed to do. I don't expect some of you to understand that though...lol.
Romney deposited personal money into a commercial bank? That's what FDIC was designed to do. This money was negotiated. Just because FDIC facilitated the bailout doesn't mean it was supposed to happen.
Romney deposited personal money into a commercial bank? That's what FDIC was designed to do. This money was negotiated. Just because FDIC facilitated the bailout doesn't mean it was supposed to happen.
That is not a 'bailout' einstein...it was a debt negotiation which happens in business frequently.
That is not a 'bailout' einstein...it was a debt negotiation which happens in business frequently.
From the federal government.
Its frequency is irrelevant to the discussion. Mormon Kerry received monies from a government agency, funded by taxpayers, to alleviate his debt burden. How is this not a bailout?
That is not a 'bailout' einstein...it was a debt negotiation which happens in business frequently.
It happens frequently between businesses and commercial lenders, not between businesses and the federal government.
In and of itself, the fact that it happened 20 years ago makes it somewhat irrelevant as far as I'm concerned (not saying that everyone will agree so let's not start that debate). But given his public stance on recent bailouts he needs to come forward and explain himself.
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