Quote:
Originally Posted by Top Shelf
That's Democracy. It and the free market won today. I was shocked to see the bill not get passed, but government intervention is not the solution here.
Wall Street wants to privatize the profits and socialze the losses. How convenient is that? The natural course of the market will eventually get rid of this rotten section. Yes, people will lose money. It happens, I know a lot of people who have lost a lot of money in the last year. Investing is not a "guarantee", there is always some sort of risk involved.
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That's a great post. Exactly what my thoughts are.