"The US had a severe depression ever ~20 years before the existence of the federal reserve, and excluding the great depression and arguably this "recession" we haven't had one since. The federal reserve . . ." more
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Trust the private sector?
by Daniel A.
October 06, 2010 05:56 PM EDT | recommended: 2 | comments: 16
Bristol Palin Is Getting Paid to Talk About Her Irresponsibility
by Concerned Citizen
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Oct 08, 2010 6:59AM EDT
 Daniel A. replied to a comment by Jeff H. on Trust the private sector? Oct 07, 2010 10:26PM EDT
 Bryan R. replied to a comment by Jeff H. on Trust the private sector? "They didn't "regulate themselves" because the Federal Reserve was dumping easy money into their coffers by keeping interest rates ridiculously low. Its easy to throw caution to the wind when you're playing . . ." more Oct 07, 2010 10:07PM EDT
Daniel A. replied to a comment by Jeff H. on Trust the private sector? "Granted what went on with Fannie and Freddy were absurd (keep in mind they were both privately owned, however). But it is no fault of the government that the investment banks didn't even know what were . . ." more Oct 07, 2010 7:17PM EDT
 Jeff H. replied to a comment by Jeff H. on Trust the private sector? """In what universe? "" In the universe where the regulators warned of a financial industry collapse based on government housing goals and mandates. The CSPAN clip shows the regulators warning and predicted . . ." more Oct 07, 2010 4:49PM EDT
Bryan R. replied to a comment by Bryan R. on Trust the private sector? "Pleasing the customers and maximizing profit is one in the same - you cannot have a successful business without pleasing customers." more Conversation Space
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Come and discuss what's broke in America. Discussing everything from finance to politics and focusing on financial opinion, tips, and reviews.
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