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Andy McKee: Everybody Wants to Rule the World

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Jadespring3/03/2011 8:13:20 pm PST

re: #510 Decatur Deb

Normally the loans are guaranteed, and tax dollars make up the defaults. The idea is to let banks make interest and taxpayers take the risk.

Okay thanks. That’s what I thought they were. So really in Ron Paul world you’re only taking money that’s not yours if you default then.