10-12-2008, 09:25 PM | #11 | |
Board Pinhead
Join Date: Jan 2006
Location: In the basement of my house, Murray, Utah.
Posts: 15,941
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Quote:
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"The beauty of baseball is not having to explain it." - Chuck Shriver "This is now the joke that stupid people laugh at." - Christopher Hitchens on IQ jokes about GWB. |
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10-13-2008, 03:04 AM | #12 | ||
Member
Join Date: Jan 2006
Location: SLC
Posts: 441
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Quote:
This is perhaps an overly simplistic suggestion, but why not restrict ARMs and severely restrict interest-only loans? Quote:
1. My point was as a nation we need to focus more on the "real economy", nuts & bolts competitiveness, educational achievement, investing in human capital. As anyone who has participated in an IPO or "irrationally exhuberent" stock price inflation can tell you, Wall Street too often represents a fundamental disconnect from what actually makes a company, a product, an economy, vibrant & competitive. 2. Maybe a better healthcare example would be Singapore or Malaysia, where excellence in healthcare & medical research is unincumbered by an elaborate financial (ie, private insurance) labryinth. (I note your point, just returning serve at a different angle.) |
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10-13-2008, 03:09 AM | #13 |
Demiurge
Join Date: Aug 2005
Posts: 36,368
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also unencumbered by having to worry about the welfare of the planet and the free world.
boy, if we could just stop worrying about those things, we could afford a lot more things. folks, this is what we are going to get with democrats in office. soft-headed fools who will try to radically reinvent the West and bring it to heel with their all-knowing expertise and governance. |
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