re: #193 Obdicut

Thank you.

Do you see why the fact that they sent a letter, signed by every senator, containing a blatant lie, might disrupt ‘negotiations’ and cause the Democrats to say, “Fuck it, let’s vote on it”?

So now i read more, and of course, it’s not that simple. That’s what i get for taking everyone’s word on it.

The concern is that a bailout fund will encourage banks to take more risk, rather than less, and thus induce future bailouts.

I think they’re overstating it, as all politicians do.

But it’s not a lie.