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I 100% agree and I agree with your other points. Roland00 Send a noteboard - 01/07/2016 08:01:05 PM

I 100% agree and I agree with your other points

And I will now drop it. This was my field of study in college (economoics), now it's medicine (its complicated, just go with me ) and I was studying economoics right when it was happening so I find this kinda personal.

Now your other complaints are legitimate, some I agree with, some I disagree with but I see the point of view as legitimate just different than mine. (I do not know if you follow). Personally I loathe Hillary Clinton, I just also loathe Donald Trump.

I never spoke up with those other points for there was nothing to debate, it was legitimate points with an opinion but there is nothing wrong with having an opinion counter to mine in somethings and often this is a good thing for if you can make a good arguement you may change my mind.




Now as for your other points in 2009 democrats and republicans now were against it yet still voting for it. Yes you are true as well here. But by that time a couple things have already happened.

1) It was already done so you have already done moral hazard.

2) From an economic standpoint it was the right thing to do, fix the banking system and there are several means to do this and one of them is buying stock in the bank and making the bank pay interest. People disagree on what this interest rate should have been, in my opinion it should have been much higher.

Regardless we actually made money with the bailout, yet the banks screwed our economy (I lothe bankers, lawyers, and politicians for many of these people are leeches or do bad things to the economy). The real economic argument against the bailout was that it encourages the banks to do this in the future and I completely agree, that is why you need to fix the problem in the short term but pass legislation to prevent moral hazard, aka politicians giving banker friends money and allow the banks to do things that make no economic sense such as completely obscure derivatives that distort the market instead of balancing it and the banks can now purchase these derivatives from your checking account fund, instead of a savings fund like a hedge fund or mutual fund.

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I am done now, have a good day

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