Quote:
Originally Posted by Dan02
I was writing a long opinion piece but i realized, admittedly, I'm no guru on the subject, but did you even read the links you posted, because they don't back up your opinion here at all.
The Canadian "bailout", as you refer to it, was significantly different then in the US. Restoring liquidity to banks otherwise on solid foundations vs bailing out banks that deserved to go under for their greed/stupidity. Just a wee bit different IMO.
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We bought bad mortgages from them paid for by an increased deficit that we all owe. What part did I miss?