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Thread: AIG sells $39.3 billion in assets to NY Fed's fund

  1. #21
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    Re: AIG sells $39.3 billion in assets to NY Fed's fund

    the financial crisis started when paulson decided to let lehman evaporate.

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    Re: AIG sells $39.3 billion in assets to NY Fed's fund

    Quote Originally Posted by Jackboot View Post
    A word of advice, remove the "libertarian' tag from your bio, you are not intelligent enough to even be considered for the party.
    You ought to be quite careful about throwing stones when your proverbial house of intellect is made of glass.

    Regardless, you have failed on all accounts here, and your fear mongering only further illustrates your lack of knowledge in regards to the political economy.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: AIG sells $39.3 billion in assets to NY Fed's fund

    Quote Originally Posted by Partisan View Post
    Do what North Korea just did, make some new bills & say the old ones are worthless & can't be traded in.....
    Same thing with T bills.....
    Give that man a prize, this is what is coming, now what do you think we will get for our old bills, how much on the dollar, a dime, if we are lucky, I am thinking more like pennies!

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    Re: AIG sells $39.3 billion in assets to NY Fed's fund

    Quote Originally Posted by scottsoperson View Post
    the financial crisis started when paulson decided to let lehman evaporate.
    You are quite correct. That started to put pressure on a serious run on our financial system (and all international integrated systems for that matter).
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: AIG sells $39.3 billion in assets to NY Fed's fund

    Quote Originally Posted by Goldenboy219 View Post
    You ought to be quite careful about throwing stones when your proverbial house of intellect is made of glass.

    Regardless, you have failed on all accounts here, and your fear mongering only further illustrates your lack of knowledge in regards to the political economy.
    "political economy"

    There you go folks, feel free to point and laugh, if you dare!

  6. #26
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    Re: AIG sells $39.3 billion in assets to NY Fed's fund

    Quote Originally Posted by Goldenboy219 View Post
    You are quite correct. That started to put pressure on a serious run on our financial system (and all international integrated systems for that matter).
    this inspired paulson to come up with tarp. another factor was negative interest rates on short term commercial paper/loans. bernanke and paulson saved the world.

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    Re: AIG sells $39.3 billion in assets to NY Fed's fund

    Quote Originally Posted by Goldenboy219 View Post
    You are quite correct. That started to put pressure on a serious run on our financial system (and all international integrated systems for that matter).
    WRONG!

    I would explain to you, how wrong, but you are not worth the effort.

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    Re: AIG sells $39.3 billion in assets to NY Fed's fund

    Quote Originally Posted by Jackboot View Post
    "political economy"

    There you go folks, feel free to point and laugh, if you dare!
    If you have nothing productive to say, i'd advise you move along as you are dragging your own thread in the dirt....

    Unless you are particularly ignorant in regards to political economy
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: AIG sells $39.3 billion in assets to NY Fed's fund

    Quote Originally Posted by Jackboot View Post
    WRONG!

    I would explain to you, how wrong, but you are not worth the effort.
    link? please explain with a link or two as opposed to just your own opinion.

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    Re: AIG sells $39.3 billion in assets to NY Fed's fund

    Quote Originally Posted by Goldenboy219 View Post
    If you have nothing productive to say, i'd advise you move along as you are dragging your own thread in the dirt....

    Unless you are particularly ignorant in regards to political economy
    Enlighten me, where is this "political economy" exactly?

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