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View Diary: The Swan is still Black, and We're Still Screwed (212 comments)

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  •  The Economic Populist (7+ / 0-)

    Folks, if you notice manfrommiddletown is one of the original writers on EP.  EP is a community site, like DK, so if you are really watch dogging economic statistics, labor issues, trade, come on over and create an account.  We're all econ, all of the time, 24/7, where the golden rule is when in doubt, use your calculator.  


    I really like that UI graph middle, and one must beg the question if GS can get $15B in CDS payout @ 100% from AIG that's pure taxpayer money, when GS already has $25B in taxpayer money, why, if these stats are true on CIT, will the Treasury not bail them out?

    •  I think FishoutofWater answered your question (2+ / 0-)
      Recommended by:
      BobOak, greenearth

      in the next comment -- because it benefits the biggest dog in the fight. And trust me, the Bank of Walmart (oh yes, they have their own bank) is a lot more sound than Citi or Bank of America.

      Those who are too smart to engage in politics are punished by being governed by those who are dumber. ---Plato

      by carolita on Sat Jul 18, 2009 at 10:43:31 AM PDT

      [ Parent ]

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