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These two could start their own comedy duo, or maybe a song and dance team, but to think that these two are spouting nonsense on Sunday talk shows is a waste of comedy, and dangerous to boot! There they were, McCain on FoxNews Sunday and Shelby on ABC's This Week, spouting such utter nonsense about the banking system that it's obvious to all Americans that we made the right choice in November.
McCain, "I don't think they've made the right decision, which is to let these banks fail".
Shelby, "Theyve got to close some big banks, they don't want to do it, I don't want to nationalize them. We've got to close them".
Because we all remember how well that "let Lehman Brothers fail" plan worked out so well! Letting Citigroup fail, with its myriad connections to the worldwide banking system, would make the Lehman debacle look like a day at the beach.
About 25% of the corporate bonds in the US are BANK BONDS. If a large chunk of those go in one fell swoop it would make last fall look easy.
You will recall that, during the 2008 campaign, McCain admitted he knows little about economics. Therefore, I tend to discount his opinions on that subject.
Judging by Shelby's comments, I'd put him in the same class as McCain.
These two could start their own comedy duo, or maybe a song and dance team, but to think that these two are spouting nonsense on Sunday talk shows is a waste of comedy, and dangerous to boot! There they were, McCain on FoxNews Sunday and Shelby on ABC's This Week, spouting such utter nonsense about the banking system that it's obvious to all Americans that we made the right choice in November.
McCain, "I don't think they've made the right decision, which is to let these banks fail".
Shelby, "Theyve got to close some big banks, they don't want to do it, I don't want to nationalize them. We've got to close them".
Because we all remember how well that "let Lehman Brothers fail" plan worked out so well! Letting Citigroup fail, with its myriad connections to the worldwide banking system, would make the Lehman debacle look like a day at the beach.
About 25% of the corporate bonds in the US are BANK BONDS. If a large chunk of those go in one fell swoop it would make last fall look easy.
golfgod
I would say morons, the market has dropped 40% since Lehman Bros. I don't want to think what would happaen if Citi Group failed.
Did it occur to you that they might be morons on drugs. Or they would rather see the country fail to 3rd world level than to see Obama successful. Traitors of the worst sort.
I agree wholeheartedly with Shelby's position and since I am a resident of the state he represents, I get to continue to vote him back to Washington. I guess my opinion is much more important in this case than yours.
These two could start their own comedy duo, or maybe a song and dance team, but to think that these two are spouting nonsense on Sunday talk shows is a waste of comedy, and dangerous to boot! There they were, McCain on FoxNews Sunday and Shelby on ABC's This Week, spouting such utter nonsense about the banking system that it's obvious to all Americans that we made the right choice in November.
McCain, "I don't think they've made the right decision, which is to let these banks fail".
Shelby, "Theyve got to close some big banks, they don't want to do it, I don't want to nationalize them. We've got to close them".
Because we all remember how well that "let Lehman Brothers fail" plan worked out so well! Letting Citigroup fail, with its myriad connections to the worldwide banking system, would make the Lehman debacle look like a day at the beach.
About 25% of the corporate bonds in the US are BANK BONDS. If a large chunk of those go in one fell swoop it would make last fall look easy.
Well how unusual. A bunch of libs name calling and implying drug use instead of actually talking about the points being raised. The funny thing is...we KNOW that their boy Obama used drugs frequently, just assumptions for the two subjects referenced in this thread.
I agree wholeheartedly with Shelby's position and since I am a resident of the state he represents, I get to continue to vote him back to Washington. I guess my opinion is much more important in this case than yours.
When your foreign car factory fails along with the jobs it provides, what will Shelby have to offer your state then?
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