Re: Economy - double dip and investments? - Saab General Bulletin Board - Saabnet.com
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Re: Economy - double dip and investments?
Posted by No Snaab (more from No Snaab) on Fri, 9 Jul 2010 11:40:27
In Reply to: Re: Economy - double dip and investments?, Finch, Fri, 9 Jul 2010 09:41:22
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Most of that came much later--in fact it was the idea of government intervention (the new deal) that got FDR elected. Intiallly the government did nothing, you lost your savings because your bank went belly up, too bad. But doing nothing didn't exactly work too well. I think most people would agree that the FDIC is a reasonable idea even though it is in essence a big government bailout mechanism. I guess my point is that all of the knee jerk, the government is all evil kind of thinking could cause more a lot more harm than good.
posted by 208.72.4...
Posts in this Thread:
- Economy - double dip and investments?, pete , Thu, 8 Jul 2010 16:38:39
- Re: Economy - double dip and investments?, john Myers, Fri, 9 Jul 2010 23:00:39
- The economy is always cyclic. But what we have now, Noel, Fri, 9 Jul 2010 11:55:41
- Re: Economy - double dip and investments?, lowbar, Fri, 9 Jul 2010 08:30:14
- Re: Economy - double dip and investments?, No Snaab, Fri, 9 Jul 2010 08:06:13
- Re: Economy - double dip and investments?, Robert, Thu, 8 Jul 2010 17:35:09
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