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Republicans holding hands withs big banks.
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<blockquote data-quote="av8torntn" data-source="post: 721857" data-attributes="member: 8259"><p>You beat me to it. I was gonna add if this were such a great bill why the bipartisan opposition? As it stands now this will give a near monopoly to a chosen few in the ability to insure against mortgage defaults. We do not even need to go into the expansion of powers given to the fed to know this bill should be DOA. In the most basic form this bill is an attempt to take risk away from investment banks and push it solely on the backs of the taxpayers. Why would any working class person support this?</p></blockquote><p></p>
[QUOTE="av8torntn, post: 721857, member: 8259"] You beat me to it. I was gonna add if this were such a great bill why the bipartisan opposition? As it stands now this will give a near monopoly to a chosen few in the ability to insure against mortgage defaults. We do not even need to go into the expansion of powers given to the fed to know this bill should be DOA. In the most basic form this bill is an attempt to take risk away from investment banks and push it solely on the backs of the taxpayers. Why would any working class person support this? [/QUOTE]
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