Thread: To strandy
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Old 09-18-2008, 03:59 PM
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strandinthewind strandinthewind is offline
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I saw that.

The R's had the plan from the last time the economy failed under them - so they just essentially are going to implement another RTC, which, as argued, is wildly cheaper to the taxpayers than letting the banks fail and the economy completely tank. What this also means is that many more banks will likely go into the RTC, suggesting we are at the tip of the proverbial iceberg.
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