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Bailouts for Dummies
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<blockquote data-quote="bbsam" data-source="post: 871565" data-attributes="member: 22662"><p>But Upstate, it is bigger than that. It's bigger than we did the right things. Fact is, our leaders, on both sides have us in a situation where a housing market continuing to fall can have absolutely catastrophic effects. Now is not the time to believe the fallacy that "it can't get any worse than it is." So do we stomp our feet in anger like a 12 year old or do we take the necessary steps to right the ship. It is one thing to be angry and another thing to let the anger cause our self destruction. So yes. Moreluck has a point, but it is only half the story and not a half that smart decisions can be made on.</p></blockquote><p></p>
[QUOTE="bbsam, post: 871565, member: 22662"] But Upstate, it is bigger than that. It's bigger than we did the right things. Fact is, our leaders, on both sides have us in a situation where a housing market continuing to fall can have absolutely catastrophic effects. Now is not the time to believe the fallacy that "it can't get any worse than it is." So do we stomp our feet in anger like a 12 year old or do we take the necessary steps to right the ship. It is one thing to be angry and another thing to let the anger cause our self destruction. So yes. Moreluck has a point, but it is only half the story and not a half that smart decisions can be made on. [/QUOTE]
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